Jul 21 2009

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

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

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

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

[08:30] {Threei} wow

[08:30] {Threei} nice gap

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

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

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

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

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

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

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

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

[08:34] {larisa} gm :)

[08:35] {cosmo} lars:)

[08:35] {Threei} larisa :)

[08:35] {cosmo} oh

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

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

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

[08:41] {Threei} patience :)

[08:41] {BillyD} morning patience

[08:41] {BillyD} Vad :)

[08:41] {Threei} Billy :)

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

[08:42] {Threei} no kidding

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

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

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

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

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

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

[08:52] {fernp} good morning everybody

[08:52] {Threei} fern :)

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

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

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

[08:54] {cosmo} geez

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

[08:54] {JohnK} GM

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

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

[08:58] {BillyD} lol

[09:01] {Threei} john :)

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

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

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

[09:07] {dino} gm all

[09:08] {Threei} dino :)

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

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

[09:12] {magoo} mornin

[09:13] {Threei} magoo :)

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

[09:15] {Threei} HGSI, BCRX

[09:15] {Threei} SPPI

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

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

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

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

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

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

[09:17] {dptl} good morning all

[09:17] {Threei} dp :)

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

[09:22] {Threei} ese :)

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

[09:23] {Threei} good to hear

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

[09:26] {texus} gm all!

[09:26] {Threei} texus :)

[09:26] {BillyD} hi tesus

[09:26] {BillyD} texux

[09:26] {larisa} lol

[09:27] {BillyD} texus

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

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

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

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

[09:27] {jfjf64} mornin

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

[09:27] {Threei} jf :)

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

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

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

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

[09:28] {Threei} .35 rather

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

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

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

[09:30] {Threei} ok, modification

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

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

[09:31] {nemo} oops

[09:31] {Threei} heh

[09:31] {nemo} hgsi flew through

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

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

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

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

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

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

[09:32] {Threei} wtg texus

[09:32] {Threei} good reflexes

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

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

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

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

[09:35] {ese} hgsi going nuts

[09:35] {Threei} invalidated

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

[09:36] {nemo} right through

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

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

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

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

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

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

[09:37] {Threei} good job guys

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

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

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

[09:37] {Threei} welcome

[09:37] {magoo} NICE TY

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

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

[09:38] {texus} ok

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

[09:38] {magoo} AAPL down vad

[09:39] {cosmo} jaso

[09:39] {cosmo} hod

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

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

[09:40] {magoo} AIG on fire

[09:40] {cosmo} fire?

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

[09:40] {magoo} vad WFC lows

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

[09:40] {Threei} watching it

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

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

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

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

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

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

[09:42] {magoo} missed

[09:42] {nemo} volatile sucker

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

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

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

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

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

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

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

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

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

[09:42] {Threei} texus too

[09:42] {texus} haha

[09:42] {Threei} whoa

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

[09:43] {Threei} I mean WHOA

[09:43] {magoo} HOLY SHIT

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

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

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

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

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

[09:43] {BillyD} maybe AIG bounce

[09:44] {magoo} WFC too

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

[09:44] {magoo} futes down more

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

[09:45] {Threei} AIG invaliadetd

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

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

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

[09:46] {magoo} riskaroo

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

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

[09:46] {Threei} not yet

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

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

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

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

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

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

[09:48] {dino} gj

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

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

[09:48] {Threei} wtg chiro

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

[09:49] {chiro} ty

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

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

[09:49] {BillyD} ok

[09:49] {magoo} look WFC holds

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

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

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

[09:50] {magoo} read?

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

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

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

[09:50] {Threei} nemo?

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

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

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

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

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

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

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

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

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

[09:52] {BillyD} very true vad

[09:52] {Threei} breathes

[09:52] {magoo} SIGH

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

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

[09:53] {magoo} HUH?

[09:53] {magoo} confusing

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

[09:53] {magoo} ok

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

[09:54] {chiro} CAT call?

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

[09:54] {magoo} HGSI nuts

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

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

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

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

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

[09:55] {BillyD} stocks teleporting today

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

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

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

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

[09:56] {fernp} HIG breaking hod

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

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

[09:57] {magoo} ty

[09:57] {nemo} aig keeps going

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

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

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

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

[09:59] {Threei} welcome

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

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

[10:01] {magoo} quote SERVER?

[10:02] {Threei} 15

[10:02] {magoo} CIT crazy

[10:02] {magoo} ITS AVAIL

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

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

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

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

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

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

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

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

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

[10:04] {ese} markets turning negative

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

[10:05] {ese} indeed

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

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

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

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

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

[10:06] {dino} lol

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

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

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

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

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

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

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

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

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

[10:08] {Threei} half lot

[10:09] {magoo} in

[10:09] {Threei} 1:1

[10:09] {BillyD} ty

[10:09] {Threei} sure thing

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

[10:09] {jfjf64} ty ty ty

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

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

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

[10:10] {Threei} wow

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

[10:10] {ese} L qid

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

[10:10] {texus} recommendation?

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

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

[10:10] {ese} .48

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

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

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

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

[10:11] {Threei} :)

[10:12] {jfjf64} hgsi

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

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

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

[10:12] {Threei} rofl

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

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

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

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

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

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

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

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

[10:15] {Threei} .50 break

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

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

[10:15] {magoo} rather hit pullbk

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

[10:17] {Threei} WFC works

[10:17] {Threei} good call nemo

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

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

[10:18] {BillyD} AIG steady here

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

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

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

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

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

[10:21] {magoo} missed first exit

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

[10:22] {magoo} in HGSI

[10:22] {magoo} off vads

[10:22] {magoo} waiting .89

[10:22] {magoo} or change

[10:23] {jfjf64} rimm vad ?

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

[10:24] {dino} abio

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

[10:24] {Threei} .30 long

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

[10:26] {texus} stop?

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

[10:26] {magoo} ,9649

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

[10:26] {magoo} 947

[10:26] {texus} RIMM

[10:26] {Threei} oh

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

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

[10:27] {texus} ty

[10:27] {Threei} no worky RIMM

[10:27] {Threei} out HGSI

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

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

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

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

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

[10:29] {magoo} TY vad

[10:29] {magoo} wow look top

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

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

[10:30] {nemo} also the pivot

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

[10:32] {magoo} better targets imo

[10:32] {BillyD} yeah

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

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

[10:32] {ese} definately nemo

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

[10:34] {nemo} yep

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

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

[10:34] {nemo} actually looking short

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

[10:35] {ese} like right now

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

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

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

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

[10:37] {magoo} in

[10:37] {magoo} .50

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

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

[10:37] {magoo} fast

[10:38] {jfjf64} ty

[10:38] {magoo} EASY button worthy

[10:38] {Threei} easy money

[10:38] {Threei} my favorite kind

[10:38] {jfjf64} EM TY

[10:38] {Threei} em?

[10:39] {jfjf64} fast easy money

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

[10:39] {BillyD} lol

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

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

[10:40] {jfjf64} lol

[10:40] {magoo} HGSIU

[10:40] {magoo} frenzy vsad

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

[10:44] {Threei} lol

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

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

[10:44] {magoo} u too

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

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

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

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

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

[10:45] {Threei} but riskier

[10:46] {Threei} market helps though

[10:46] {Threei} HGSI new high

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

[10:47] {jfjf64} funny

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

[10:47] {magoo} TY

[10:47] {magoo} FULL

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

[10:48] {magoo} cart

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

[10:49] {magoo} thats me lol

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

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

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

[10:51] {Threei} dump

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

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

[10:51] {Threei} NRG

[10:51] {nemo} they had news

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

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

[10:52] {nemo} sodamistic references

[10:52] {ese} soda?

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

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

[10:54] {BillyD} BCRX VAd

[10:54] {BillyD} and SPPI

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

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

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

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

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

[10:57] {Threei} took it

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

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

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

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

[10:59] {BillyD} it may

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

[11:04] {Threei} HGSI big drop

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

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

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

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

[11:06] {magoo} ok

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

[11:07] {chiro} bcrx

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

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

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

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

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

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

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

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

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

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

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

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

[11:09] {jfjf64} cat??

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

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

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

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

[11:11] {jfjf64} bcrx

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

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

[11:13] {jfjf64} gj

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

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

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

[11:21] {nemo} cat short

[11:21] {nemo} below .00

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

[11:23] {nemo} huh?

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

[11:23] {magoo} blink

[11:23] {magoo} hence wicked cross

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

[11:23] {nemo} blink, gone

[11:24] {Threei} nice call nemo

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

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

[11:26] {BillyD} it needs volume

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

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

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

[11:31] {Threei} no smooth flow

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

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

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

[11:32] {BillyD} lol

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

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

[11:33] {BillyD} nice chiro

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

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

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

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

[11:33] {Threei} oh

[11:33] {chiro} 151.88

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

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

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

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

[11:35] {Threei} sigh

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

[11:39] {jfjf64} bcrx ?

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

[11:40] {jfjf64} sleepin on jobbbbbbbbbbbb

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

[11:41] {jfjf64} or more pictures

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

[11:41] {jfjf64} c

[11:41] {jfjf64} lol

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

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

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

[11:42] {jfjf64} never billyd

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

[11:44] {jfjf64} lol

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

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

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

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

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

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

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

[11:46] {jfjf64} mrk testin high

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

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

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

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

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

[11:57] {dino} to .60

[11:57] {Threei} lol

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

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

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

[11:58] {magoo} the fix

[11:58] {dino} to .65

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

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

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

[12:00] {Threei} not

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

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

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

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

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

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

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

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

[12:09] {jfjf64} bcrx

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

[12:15] {magoo} HGSI

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

[12:15] {nemo} $ up too

[12:15] {dino} yes

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

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

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

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

[12:20] {Threei} RIMM no

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

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

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

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

[12:21] {nemo} in one?

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

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

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

[12:22] {Threei} thanks mags

[12:22] {magoo} :)

[12:22] {dino} lol

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

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

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

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

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

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

[12:25] {Threei} not sure chiro

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

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

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

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

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

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

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

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

[12:29] {Threei} .30

[12:29] {dino} tlvt

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

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

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

[12:30] {magoo} SHOULD key

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

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

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

[12:31] {Threei} here goes AAPL

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

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

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

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

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

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

[12:36] {Threei} AAPL like charm

[12:36] {Threei} RIMM is POS

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

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

[12:38] {BillyD} bounces

[12:38] {magoo} CAT trying

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

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

[12:39] {Threei} todsay eh

[12:39] {magoo} off vads alerts

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

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

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

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

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

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

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

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

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

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

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

[12:45] {magoo} exactly

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

[12:46] {magoo} its diseased

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

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

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

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

[12:56] {KSystems} Oprah

[12:57] {Threei} ummm

[13:03] {jfjf64} rimm bounce vad

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

[13:03] {Threei} no jf

[13:03] {BillyD} 73.07

[13:03] {jfjf64} 73.07

[13:03] {larisa} ty

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

[13:09] {Threei} HGSI

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

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

[13:10] {larisa} lol

[13:10] {BillyD} lol

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

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

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

[13:10] {wulff} done that

[13:11] {Threei} works?

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

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

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

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

[13:15] {Threei} hit

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

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

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

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

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

[13:21] {magoo} i did

[13:21] {jfjf64} jfjfjfjf

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

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

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

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

[13:22] {jfjf64} in.49

[13:22] {magoo} TY

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

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

[13:26] {Threei} no

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

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

[13:26] {BillyD} SPPI near HOD

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

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

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

[13:27] {Threei} lol

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

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

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

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

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

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

[13:31] {Threei} {Anyone} me? thoughts? you must be kidding

[13:31] {BillyD} lol

[13:32] {magoo} just pick up my bar tab ok?

[13:32] {chiro} i am wounded to the quick:=D

[13:32] {jfjf64} all agree say i

[13:33] {nemo} 3i

[13:33] {jfjf64} 3i

[13:34] {magoo} 3i

[13:34] {wulff} nice fireworks photos VAD

[13:34] {Threei} ty

[13:34] {BillyD} BCRX approaching large .51 offer for possible trigger

[13:34] {Threei} and SSPI - .50

[13:35] {BillyD} finger on trigger

[13:35] {nemo} sspi?

[13:35] {Threei} APPI

[13:35] {Threei} SPPI

[13:40] {jfjf64} .50 trigger vad

[13:41] {jfjf64} still go

[13:41] {Threei} yeah, chewing through all those huge offers

[13:41] {Threei} time of the day is not the best

[13:41] {Threei} so make it discretionary

[13:45] {ese} am back...gotta stop this working at school in the smmer

[13:47] {nemo} look at order a .51 on bcrx

[13:48] {ese} 50000.......

[13:48] {nemo} yeah nuts

[13:48] {BillyD} don't see it here

[13:48] {BillyD} thought it went away

[13:49] {BillyD} nemo, you still see it

[13:49] {wulff} UAUA alive

[13:49] {nemo} yep

[13:50] {BillyD} sheesh

[13:50] {BillyD} refresh quote and it reappears

[13:53] {magoo} we in anything lord vader?

[13:54] {Threei} coma

[13:54] {Threei} deep

[14:00] {magoo} huggie wacked

[14:00] {jfjf64} c/h cat vad

[14:02] {BillyD} jf...CAT 39 trigger?

[14:02] {jfjf64} .92 here aggressive

[14:04] {BillyD} thx

[14:10] {Threei} funny but UAUA hit 1:1 for scalpers

[14:11] {wulff} funny LOL, or funny ha ha

[14:11] {wulff} or what?

[14:11] {nemo} easy francis

[14:12] {wulff} fireworks in H

[14:12] {wulff} HGSI

[14:12] {Threei} just funny - consider that my sense of humor is at 11 years old level

[14:12] {BillyD} it's ok, we know

[14:12] {Threei} apparently some don't

[14:12] {nemo} 11 year old dog?

[14:13] {BillyD} lol

[14:13] {Threei} US President Obama to discuss US-China strategic economic dialogue on Monday

[14:13] {Threei} - Note: trade talks are scheduled on Monday and Tuesday in Washington

[14:14] {Threei} disbalance of the size of stop and idea of a swing trade is what funny to me on this trade

[14:15] {Threei} you don't think of swing trade as giving 1:1 on 6-7 cents move

[14:15] {BillyD} best of both worlds

[14:15] {Threei} yes

[14:15] {Threei} but now as any joke explained it's not funy anymore

[14:15] {BillyD} if willing to accept swing trade time frame

[14:15] {magoo} beauty CAT call

[14:15] {Threei} so thanks for spoiling it for me... I could laugh for couple days about it

[14:16] {Threei} now I have to think of something else

[14:16] {BillyD} you still can

[14:16] {Threei} passerby falling in the paddle would do

[14:16] {BillyD} 11 year old humor does that

[14:16] {Threei} but we haven't had any rain in months

[14:16] {Threei} yep, good one jf

[14:19] {nemo} I'm going to have to build an ark soon

[14:19] {nemo} raining down there Mags?

[14:20] {BillyD} magoo, still raining alot by you

[14:20] {nemo} zebras and elephants

[14:21] {BillyD} "Nemo's Ark"....

[14:21] {nemo} well, I had a submarine once

[14:22] {BillyD} tough times

[14:22] {nemo} lost it to the ex

[14:22] {BillyD} Vad, look at Kong

[14:22] {Threei} lol

[14:22] {Threei} still there

[14:23] {BillyD} is taht you at .94

[14:23] {dino} yes nemo, raining

[14:23] {Threei} I don;'t care about it all that much

[14:23] {Threei} UAUA CFO: liquidity position is "clearly adequate" - conf call comments (3.67, +0.16, 4.56%)

[14:23] {nemo} When I lived in Germany, it was a running joke with the tv weatherperson because it basically rained all the time

[14:24] {nemo} Hey K, you there?

[14:25] {Threei} nit sure I like hoding UAUA during conference call

[14:25] {wulff} Vad you have an opinion on CAT and how high it could run back up

[14:25] {Threei} not really

[14:25] {wulff} fair enough

[14:25] {Threei} it defies common sense, as most stocks with huge gaps do

[14:25] {wulff} I'm just trailing

[14:26] {Threei} makes sense

[14:32] {Threei} be basck in 15

[14:32] {wulff} WAIT................

[14:43] {Threei} back

[14:43] {wulff} phweeew

[14:43] {Threei} lol

[14:45] {BillyD} Vad, on some of the fast trades this morning like RIMM, etc. Do you hit the trigger as it looks to break because it blows through some times?

[14:45] {magoo} HGSI trying

[14:46] {Threei} I usually send a few cents higher than trigger,

[14:46] {Threei} and sometimes, if there is obvious determimnation, and market help and levels scroll fast, yes,

[14:46] {Threei} I hit it while it's being scrolled

[14:46] {BillyD} sometimes it is only way to get them

[14:51] {dptl} have a great evening all...see ya tomorrow

[14:52] {Threei} taike care dp

[14:53] {Threei} beauty CAT

[14:53] {magoo} c u dp

[14:53] {Threei} still holding wulff?

[14:53] {wulff} yes

[14:54] {wulff} in at 38.25, lot

[14:54] {Threei} you are so greedy

[14:54] {wulff} poor, but trailing. it never hit

[14:55] {wulff} sold 1/4 a while back

[14:59] {magoo} WFR news vad?

[15:00] {Threei} Shin-Etsu Polymer Co. Shin-Etsu Handotai has begun talks with chipmakers to raise the price of its 300mm wafers by 30%-40% - Nikkei

[15:00] {Threei} - Shin-Etsu Handotai is the world's largest manufacturer of silicon wafers used in microchips. Would be the first price increase since early 2006.

[15:00] {Threei} Related (WFR )

[15:00] {Threei} (US) House Panel has rejected plan for SLM to continue to keep selling student aid alternatives (related SLM )

[15:01] {Threei} SLM is not at 1 yet?

[15:01] {Threei} long then I guess lol

[15:06] {BillyD} BCRX

[15:08] {magoo} VADDDDDDDDDDDDDD

[15:08] {Threei} WHAT???

[15:08] {ese} sheeeeeesh that was loud

[15:08] {Threei} lol

[15:08] {magoo} r or r?

[15:08] {Threei} rip

[15:09] {magoo} no "flat"?

[15:09] {Threei} could be

[15:09] {magoo} uuggggg

[15:10] {magoo} i need to make 3k in last houyr...C'MON

[15:10] {Threei} you do eh

[15:10] {Threei} how does your need translates in come on for me, I am not sure... but your wish is my command

[15:10] {magoo} so do u.....

[15:11] {magoo} hang on guys...we gonna party

[15:11] {Threei} will 3K of situps do? or chinups?

[15:12] {Threei} well

[15:12] {Threei} BCRX us cerftainly a candidate

[15:12] {Threei} if chews through that .51 offer

[15:13] {magoo} in

[15:13] {Threei} that was some pressure

[15:14] {Threei} serious determination

[15:14] {BillyD} disappeared

[15:14] {magoo} like butter

[15:14] {Threei} new high

[15:14] {Threei} sold half

[15:15] {magoo} yup TY

[15:15] {Threei} amazing... fireworks day

[15:15] {magoo} see if i motivate u

[15:15] {Threei} lol

[15:15] {Threei} sorry mags... no male can motivate me

[15:16] {magoo} true motivator is so good...his target does not know hes being motivated

[15:16] {Threei} rofl

[15:16] {BillyD} lol

[15:17] {Threei} 1/4 more out

[15:17] {Threei} .83

[15:17] {BillyD} same here

[15:17] {Threei} offering last part .95

[15:17] {magoo} .94 here

[15:17] {Threei} stop just under b/e

[15:17] {Threei} don't want to trail it

[15:18] {Threei} UAUA on the move

[15:18] {Threei} good swingy

[15:19] {Threei} this is fairly unusdual... I would expect this kind of day and movement in Octorber

[15:19] {Threei} not mid July

[15:19] {nemo} c u 2morow, I think?

[15:20] {Threei} think?

[15:20] {BillyD} out rest BCRX .84

[15:20] {Threei} now why would you do that to yourself?

[15:20] {nemo} zombie tomorrow

[15:20] {Threei} no I mean thinking

[15:20] {Threei} anyway... take care

[15:20] {nemo} fyvm

[15:21] {Threei} sigh... no appreciation

[15:21] {BillyD} SPPI nearing .5

[15:21] {Threei} only that third shot of Jack Daniels we had on boat in Nassau saves you from being trouted relentlessly

[15:21] {nemo} I appreciate your sarcasm, patronization, and cynicism

[15:21] {BillyD} lol

[15:21] {Threei} oh, I have a lot of all that

[15:21] {Threei} and much more

06[15:22] * nemo slaps Threei around a bit with a large bottle of J.D}

[15:22] {Threei} can't reciprocate... BCRX nears selling point

[15:22] {nemo} hahahhahah

[15:22] {Threei} ugh, retreated

06[15:22] * nemo slaps Threei around a bit with a large bottle of Grand Marnier

[15:23] {Threei} ewwww

[15:23] {Threei} too sweet

06[15:23] * nemo slaps Threei around a bit with a large bottle of schnapps

[15:23] {larisa} go already!

06[15:23] * nemo slaps Threei around a bit with a large bottle of Spyritus

[15:23] {Threei} come on BCRX

[15:23] {nemo} bye Larry

[15:23] {Threei} lol

[15:23] {larisa} bye :)

[15:23] {magoo} kickin it

[15:24] {Threei} thank you larisa

[15:24] {Threei} SPPI...

[15:25] {Threei} Billy... clicked in time this time around I see?

[15:25] {BillyD} yes

[15:25] {BillyD} had to hit .54

[15:25] {Threei} practice makes it perffect :)

[15:25] {Threei} same here

[15:25] {Threei} got a few partials

[15:25] {BillyD} it disappeared

[15:26] {Threei} here scrolls SPPI

[15:26] {BillyD} in

[15:27] {Threei} this one is normally slower

[15:27] {BillyD} yes

[15:27] {Threei} here come my meatball... err BCRX

[15:28] {Threei} oh come on

[15:28] {Threei} 3 cents shy?

[15:29] {BillyD} that's nit right

[15:29] {BillyD} not

[15:30] {BillyD} Vad, .40 or .45 on SPPI stop

[15:30] {magoo} ya man

[15:30] {magoo} HGSI

[15:30] {Threei} both are valid

[15:39] {Threei} (US) OCC Annual Underwriting Survey: 37% of banks have increased lending this year, loan portfolio risk grew despite tighter conditions

[15:39] {Threei} - Banks surveyed in the report made $3.6T in loans, 84% of overall US lending.

[15:39] {Threei} ***Note: O...more... (related XLF )

[15:39] {wulff} CAT +1.5 on a lot

[15:40] {BillyD} nice wulff

06[15:40] * Threei slaps wulff around a bit with a large roll of cash

[15:40] {wulff} and one large TY

[15:41] {BillyD} out half sppi here

[15:44] {wulff} you sell UAUA?

[15:44] {Threei} no

[15:45] {Threei} didn't intend it as scalp

[15:45] {wulff} good

[15:45] {Threei} stop is miniscule

[15:45] {Threei} I don't really care about 7 cents loss

[15:45] {ese} still long wfc at .30 and fitb .91.........we'll see what happens to morrow........catch you all on the flip side

[15:45] {wulff} 3.10 is strong too

[15:47] {Threei} me happy with today

[15:47] {Threei} much happier than I was with whole July even though it was nicely profitable so far

[15:47] {Threei} but today was also FUN

[15:49] {BillyD} out rest sppi here

[15:49] {Threei} you are so stingy

[15:50] {BillyD} yeah...eod.....it is strong stock here

[15:57] {Threei} okay, let's close the day

[15:58] {Threei} out SPPI

[15:58] {Threei} no desire to carry it overnight

[15:58] {Threei} UAUA, will take it

[15:58] {Threei} and see what happens tomorrow

[15:58] {Threei} thank you all

[15:58] {Threei} have a great evening

[15:58] {BillyD} cya vad

[15:59] {Threei} see you tomorrow

[15:59] {larisa} bye :)

[15:59] {chiro} ty...was phun

[15:59] {Threei} love the spelling

[15:59] {Threei} eqzaktly right way to spell things

[16:00] {chiro} :=D

A bit boring day with some excitement injected by HGSI monstrous move. Between WFC, RIMM and HGSI on all sides we had a profitable day - not big but I'll take what I get in the summer. Feels like some strom is brewing though. Also, check out new addition to the website: http://www.realitytrader.com/photography/ . Self-explanatory.

Session Time: Mon Jul 20 00:00:00 2009

[08:23] {nemo} I guess the bull market continued

[08:41] {Threei} FTEK Receives two Fuel Chem orders in Korea

[08:42] {Threei} The company has received contracts related to the initiation of commercial FUEL CHEM programs on two small oil-fired units at an industrial power plant in the Republic of Korea. Chemical injection for each program is scheduled to commence later this quarter.

[08:42] {Threei} - CEO: "While the market in China is, by far, the dominant area of interest in the Asia-Pacific region, we hope to make further inroads in the Republic of Korea and other regional markets as appropriate applications for our technology are identified."

[08:42] {nemo} I hate that stock

[09:03] {BillyD} gm all

[09:03] {Threei} Billy :)

[09:04] {BillyD} are your quotes a bit off with closing prices and L1 quotes

[09:04] {Threei} NASDAQ quotes are off

[09:04] {BillyD} ty

[09:06] {dino} gm all

[09:06] {Threei} dino :)

[09:08] {nemo} nas back

[09:09] {Threei} yup

[09:09] {nemo} everything seems to have gapped up

06[09:11] * nemo slaps laserdave around a bit with a large trout

[09:13] {cosmo} OREX) today announced that all three remaining Phase 3 trials evaluating C

[09:13] {cosmo} ontrave(R) (bupropion SR/naltrexone SR), its investigational drug for the treatm

[09:13] {cosmo} ent of obesity, met their co-primary endpoints.

[09:15] {cosmo} ...and HGSI cures Lupus

[09:17] {Threei} HGSI JMP Securities Raised HGSI to Market Outperform from Market Perform, price target: $14

[09:17] {cosmo} HGSI pre mkt high = 11.71

[09:17] {Threei} Human Genome Sciences Inc In a Phase III study, BENLYSTA met the primary endpoint in patients with serologically active systemic lupus erythematosus (SLE)

[09:17] {Threei} - In the placebo-controlled BLISS-52 study, the results showed that BENLYSTA plus standard of care achieved a clinically and statistically significant improvement in patient response rate at Week 52, compared with standard of care alone.

[09:17] {Threei} - Study results also showed that belimumab was generally well tolerated, with adverse event rates comparable between belimumab and placebo treatment groups.

[09:17] {Threei} - Assuming positive results in November from the second Phase 3 trial of BENLYSTA, HGSI and GSK plan to submit marketing applications in the United States, Europe and other regions in the first half of 2010.

[09:19] {Threei} CIT Group Inc Follow Up: The company has secured a $3B loan under an agreement with bondholders; The loan will help the company avoid a bankruptcy filing - NYT

[09:19] {Threei} - The report cites unidentified people close to the matter.

[09:20] {Threei} who knew ticket to the immense wealth on Friday was to sell farm and family and buy all CIT you could

[09:21] {Threei} of course till Monday morning you'd likely end up with cardiac arrest

[09:21] {nemo} I would pay for someone to take my family

[09:21] {Threei} CIT UPDATE: Buckingham Raised CIT to Neutral from Underperform

[09:23] {Threei} HAR drama this morning

[09:23] {fernp} good morning everybody

[09:23] {Threei} fern :)

[09:24] {Threei} first this:

[09:24] {Threei} 08:39 AM [HAR] Strength attributed to a report from a Middle Eastern media source (AME), reporting a private equity firm, Arabian Peninsula Group (APG), is planning an acquisition offer

[09:24] {Threei} then

[09:24] {Threei} 08:51 AM [HAR] Assistant to CEO: Believes AME story about potential takeover is "a hoax

[09:24] {Threei} now:

[09:24] {Threei} 09:23 AM [HAR] issues statement; has not received offer or any such solicitation

[09:28] {ese} morning

[09:28] {Threei} ese :)

[09:28] {nemo} ese :)

[09:29] {ese} just about slet right thoough the opening

[09:29] {ese} hey nemo

[09:29] {jfjf64} mornin

[09:29] {Threei} DDSS

[09:29] {Threei} Labopharm Receives complete response letter from the U.S. FDA for novel antidepressant

[09:29] {Threei} - The letter indicates Labopharm''s application cannot be approved in its present form due to deficiencies following an FDA inspection of the active pharmaceutical ingredient (API) manufacturing facility, which was completed July 3, 2009. The FDA letter states: "Satisfactory resolution of these deficiencies is required before this application may be approved." No efficacy or safety issues were raised.

[09:29] {Threei} jf :)

[09:29] {cosmo} halt

[09:30] {Threei} yup

[09:31] {Threei} HGSI sharp selling

[09:32] {Threei} GNBT Publishes Results From Pre-Clinical Studies On Immunotherapeutic Vaccine for HPV-Induced Cervical Cancer (0.58, +0.01, 0.92%)

[09:32] {Threei} Dow Jones YTD performance moves back into positive territory

[09:32] {Threei} what me worry?

[09:34] {Threei} Short Setup: WFC .45 break

[09:34] {dino} s/p gap filled 6/12

[09:34] {Threei} if stays under .567

[09:34] {Threei} .56

[09:35] {Threei} wow HGSI

[09:35] {Threei} cruel

[09:35] {dino} dji filled 6/12 gap too

[09:38] {magoo} etp'atpieatoktad

[09:38] {nemo} eiepqmvowei

[09:38] {Threei} okay... good morning then

[09:38] {Threei} no worky WFC

[09:38] {nemo} funny...I thought I was talking about his mother

[09:39] {magoo} JPM dumping

[09:41] {dino} safm

[09:42] {Threei} DISH

[09:43] {Threei} seome developments in court case with TIVO

[09:43] {Threei} DISH Network Corp Follow Up: Dish seeking to create a 'design-around' to avoid Tivo patent for recorder technology

[09:43] {nemo} wfc vad

[09:44] {Threei} formed .50 - .60 range, more or less

[09:44] {Threei} question is which way to play, and whether it goes after breaking range or just shakes up

[09:46] {Threei} can't get a read on it

[09:47] {Threei} still feels like short to me

[09:47] {Threei} but I was also hunting for RIMM pullback bottom and missed it because of this POS

[09:49] {Threei} RIMM, quick pullback into .20 - .30 is to grab long

[09:49] {Threei} no pullback

[09:51] {BillyD} VAD, OPWV from Friday...low volume though

[09:52] {Threei} 3 break still worth a try

[09:52] {Threei} oops

[09:52] {BillyD} exactly

[09:52] {nemo} wfc broke

[09:52] {Threei} see if it dives back into 3 or just under

[09:53] {Threei} stop under 2.90

[09:53] {dino} sm l safm .35 wide

[09:53] {nemo} CIT 118 million shares so far

[09:55] {Threei} DDSS opened

[09:56] {wulff} LVS no looking back

[09:56] {ese} me thinks WFC is heading up nemo alone with the rest of the financials

[09:56] {Threei} MGM too

[09:56] {ese} along

[09:56] {ese} i'm still long fitb .14 from friday

[09:57] {ese} if the compx breaks above 1902....will start geting out of fitb

[10:00] {Threei} *JUN LEADING INDICATORS: 0.7% V 0.5%E

[10:00] {Threei} - Prior revised from 1.2% to 1.3% (related RTH SPY EUR/USD SHY )

[10:01] {wulff} wasn't sure that WFC break would work

[10:01] {wulff} oh well

[10:04] {Threei} Long Setup: BAC .65

[10:04] {Threei} for scalpers stop under the low of this pullback

[10:04] {ese} out fitb .27 +.13 with 15k of the little buggars

[10:04] {Threei} for day traders under .50

[10:05] {Threei} if loses .55, becomes rather candidate for aggressive entry

[10:05] {cosmo} JASO 4.70 wall fwiw

[10:06] {Threei} let's see if we get double bottom on BAC

[10:06] {Threei} if loses .50 no play

[10:07] {Threei} lost

[10:08] {BillyD} my enthusiasm low this morning so far

[10:09] {Threei} rather usual monday morning...

[10:09] {Threei} everything happens at once and nothing really happens

[10:09] {nemo} that's profound

[10:09] {dino} same here bd

[10:09] {BillyD} lol...good explanation

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

[10:10] {magoo} who reports tonite?

[10:10] {dino} everybody

[10:10] {BillyD} lol

[10:11] {larisa} CAT tomorrow morning

[10:11] {Threei} I don't see anyone very important today

[10:11] {wulff} below .20 a buy on WFC

[10:11] {nemo} http://finance.yahoo.com/news/Big-tech-earnings-week-will-apf-3818393255.html?x=0

[10:13] {jfjf64} afl ya lk vad

[10:13] {nemo} you got the magoo disease jf?

[10:14] {Threei} not really jf

[10:15] {wulff} RIMM half lot .40

[10:15] {magoo} MS clubbed vad

[10:15] {wulff} missed

[10:17] {ese} wulff.....i've got a bstop on wfc at .61

[10:18] {ese} if it makes it to that today is should make 26.00

[10:18] {wulff} could be ok.

[10:19] {wulff} I tend to want to be less and buy it now

[10:19] {Threei} considering how it likes to shake, maybe worth a try with more aggressive entry

[10:19] {Threei} kind of .51 if holding .40

[10:20] {dino} safm out .97 ave, +.62

[10:20] {nemo} nice start to a monday Dino, and not a scalp

[10:21] {dino} ty nemo, about time

[10:21] {dino} look at the pullback

[10:21] {nemo} yeah

[10:21] {nemo} might be a double dipper

[10:21] {dino} feels that way

[10:22] {nemo} having said that, you adapted to scalping last week...that was great

[10:22] {dino} 41.05ish perhaps

[10:22] {nemo} or higher low after that rop

[10:22] {dino} sink or swim bro, scalps usually get me out of a funk

[10:23] {dino} makets feel like they want to fill open gap

[10:23] {nemo} safm pretty much maintained .50 support

[10:23] {Threei} Long Setup: HGSI .76

[10:24] {Threei} if stays abovce .65 for scalpers

[10:24] {Threei} .60 for day traders

[10:24] {dino} announcer a bit giddy today

[10:24] {nemo} where, cnbc?

[10:24] {BillyD} HGSI drops in a nasty way

[10:24] {Threei} both are invalidated

[10:25] {dino} yeah, vloume off but laughing all over

[10:25] {nemo} That Kneale guy is a jerk

[10:25] {fernp} BAC double bottom Vad?

[10:25] {nemo} HGSI might be bottoming too

[10:26] {dino} gmcr animal

[10:27] {nemo} HGSI held

[10:27] {Threei} BAC could be if holding .40

[10:28] {fernp} ty

[10:28] {Threei} .50 would be a trigger

[10:28] {Threei} .46 if want more ahhressive

[10:28] {fernp} took .46

[10:30] {Threei} Market Internals update at 10:30amET

[10:30] {Threei} - NYSE volume 255M shares, about 13% below its three-month average; advancers lead decliners by 3.3:1.

[10:30] {Threei} - NASDAQ volume 500M shares, about 10% below its three-month average; advancers lead decliners by 1.7:1.

[10:31] {nemo} Does that mean the HFT guys are sitting this out ? :)

06[10:31] * nemo slaps nemo around a bit with a large conspiracy theory

[10:32] {wulff} would short RIMM here another day

[10:32] {nemo} RIMM looks like it go either way

[10:32] {nemo} we shoulda' wulff

[10:33] {wulff} too much strengh to me

[10:33] {ese} anybody buy anything in biotech......just looking at that index...it up big

[10:33] {wulff} more likely a buy

[10:33] {dino} wulff, on same thought

[10:34] {wulff} needs a big fall here

[10:36] {fernp} stopped BAC stopped HIG. I like mondays :)

[10:37] {nemo} Boomtown Rats

[10:39] {ese} Long wfc .46...removed the bstop at .61

[10:39] {BillyD} maybe HAR gonna capitulate

[10:39] {wulff} RIMM .20

[10:41] {Threei} if stays above 74?

[10:42] {wulff} ya

[10:43] {wulff} NAS not strong though

[10:44] {wulff} missed

[10:44] {dino} qdel .00 l

[10:45] {Threei} RIMM worked

[10:45] {wulff} here it comes ese, WFC

[10:45] {Threei} WFC nice entry, ese

[10:46] {ese} out wfc .57 +.11

[10:46] {ese} tks vad

[10:46] {nemo} 20k little buggers

[10:46] {ese} 4k

[10:46] {nemo} whoa

[10:46] {nemo} Mondays

[10:46] {ese} markets too weak for my liking

[10:48] {ese} although financials and biotech indexes up nicely....6 of one 1/2 dozen of another

[10:48] {dino} rhat sm s .30

[10:49] {jfjf64} cat s .60

[10:50] {jfjf64} 1/1

[10:50] {Threei} WFC consolidates under the high despite marjet pullback

[10:51] {jfjf64} out 2 half

[10:51] {nemo} is that a whole?

[10:51] {magoo} long MS here'

[10:51] {magoo} .19

[10:52] {ese} what do you make of that vad ...worth an entry wfc

[10:52] {Threei} WFC is about to try break

[10:52] {Threei} well

[10:52] {Threei} formally yes, this is pattern I like

[10:52] {ese} but

[10:52] {nemo} volume spike on that thrust to 60

[10:52] {Threei} how it plays out today... really hard to tell

[10:53] {dino} qdel to flat

[10:53] {ese} indeed

[10:53] {dino} rht bstop is .56

[10:54] {dino} to .09 qdel

[10:54] {magoo} l jpm .65

[10:54] {wulff} cannot get a clear feel from anything

[10:54] {Threei} nice on QDEL dino

[10:54] {ese} dino you gonna bstop rht ....how bout this pullback?

[10:55] {dino} to .13

[10:55] {dino} out qdel .13, +.13

[10:55] {dino} rhat hard bstop .56 let it trade

[10:55] {ese} ok

[10:55] {magoo} l wfc .59

[10:56] {dino} its smaller size es

[10:57] {dino} tighten it to .51 mkt no help

[10:57] {ese} nice mags....missed it.....was looking at rht

[10:58] {magoo} im long wfc bac jpm ms

[10:59] {Threei} aren't you a convinced bull

[10:59] {larisa} lol

[10:59] {magoo} just scalps..low conviction

[11:01] {larisa} jf, .60 break on CAT, did you want to capture capitulation selling on it? just curious, interesting entry :)

[11:04] {jfjf64} aggressive entry worked out that way it was settin up on .62 i was goin 2 cents lower for trigger

[11:06] {Threei} WFC looks determined

[11:06] {jfjf64} min off 10.49 low .62

[11:06] {larisa} I know some traders like last furoous wave up or down before trend changes. So many ways to trade :)

[11:06] {larisa} i see

[11:06] {dino} ufpi spike

[11:07] {jfjf64} chk s .06

[11:11] {BillyD} Vad, u in anything

[11:11] {dino} dieeeeeeeeee rhat

[11:11] {Threei} no

[11:11] {BillyD} lol

[11:11] {nemo} not in coma?

[11:11] {Threei} not even in that

[11:11] {jfjf64} invalid

[11:12] {ese} L fitb .20

[11:14] {dino} rht not cooperating, cov -.05

[11:14] {Threei} WFC, that .60 break worked like charm

[11:15] {BillyD} too bad I in hesitant mode

[11:16] {wulff} ditto

[11:16] {magoo} out bac .57+.13

[11:16] {magoo} out jpm .84 +.20

[11:17] {magoo} out wfc .86 + .dunno..forgot entry

[11:17] {magoo} oh.entry .59

[11:17] {Threei} lol

[11:17] {BillyD} wtg

[11:17] {jfjf64} magoo a monster gj

[11:18] {BillyD} PCBC

[11:18] {magoo} stilkl in ms .19

[11:19] {BillyD} Vadn u have any history w. PCBC as breakout stock

[11:19] {Threei} no

[11:19] {Threei} never traded it

[11:19] {BillyD} ok

[11:20] {ese} in general vad.....is there usually a run up into the lunch hour......seems to me i've been noticing that alot lately?

[11:21] {Threei} "usually" - no

[11:21] {ese} ok

[11:21] {Threei} last few days, yes, seems to be a part of this stealth rally

[11:21] {ese} hmmmmmm

[11:22] {jfjf64} .60 break sd of had that im not happy

[11:22] {jfjf64} wfc

[11:22] {jfjf64} lol

[11:24] {jfjf64} lvs stong guy

[11:31] {Threei} RIMM...

[11:31] {Threei} 75 break if holding .90

[11:33] {Threei} over 1:1

[11:34] {Threei} near 1:2 and market weakens

[11:34] {Threei} I am out

[11:34] {magoo} nice vad

[11:35] {Threei} a bit early it seems

[11:35] {Threei} but heck

[11:35] {nemo} Monday

[11:35] {Threei} I cherish any profitable play today, lol

[11:35] {jfjf64} ty vadddddddddd

[11:35] {Threei} welcome sir

[11:37] {jfjf64} vad anythin lvs ya see

[11:37] {Threei} you mean chart or news?

[11:37] {magoo} HGSI avail short vad, not saying do it

[11:37] {jfjf64} c

[11:38] {jfjf64} chart

[11:38] {Threei} I think it's about done for today jf

[11:38] {jfjf64} ty sirrrrrrrrr

[11:38] {Threei} unless market suddenly goes crazy

[11:39] {Threei} its range for today so far about 1 buck, a bit more

[11:39] {Threei} have a look at its daily

[11:39] {Threei} you will find maybe a day or two in relatively recent history when it had such range

[11:39] {jfjf64} lookin

[11:39] {Threei} ok, 3

[11:41] {ese} i'm out fitb .22 +.02......am gonna sign off for a bit......am not feeling that well.....hopefully see you in a bit

[11:41] {Threei} take care ese, hope it's nothing

[11:41] {dino} isrg

[11:41] {dino} cya es

[11:41] {fernp} bye ese

[11:42] {Threei} I wouldn't go as far as to short it, jf,

[11:43] {Threei} but if it pulls back into .50 - .60 area, I would be interested ikn bounce

[11:43] {Threei} so far magoo takes the cake today

[11:44] {Threei} I am about flat between WFC stop and RIMM profit,

[11:44] {jfjf64} i wd say

[11:44] {Threei} skipped that WFC break at .60

[11:44] {Threei} but magoo had enough conviction to go berserk on us

[11:44] {Threei} with all his permabull mindset

[11:44] {jfjf64} me too dont remind me .60

[11:45] {jfjf64} want to vomit

[11:45] {magoo} hey..i posted timely entries..u could have got in

[11:45] {Threei} ah be a grownup jf... stand up and take the well-deserved beating

[11:45] {Threei} ummm... self beasting rather

[11:45] {Threei} beating

[11:45] {jfjf64} funny

[11:45] {magoo} vad, HGSI short setup?

[11:45] {nemo} you told us what you were in, I don't think you gave your entries

[11:45] {jfjf64} wfc all the time

[11:46] {Threei} not really mags

[11:51] {jfjf64} s cof .93

[11:52] {Threei} actually...

[11:52] {Threei} Short Setup: LVS.93

[11:52] {Threei} if atsya under 10

[11:53] {Threei} a bit late alert...

[11:53] {nemo} too quick

[11:53] {nemo} rimm short

[11:53] {BillyD} nice spot though

[11:53] {jfjf64} yup

[11:53] {Threei} see if gives a bounce

[11:53] {Threei} it started shaping up and then broke down too fast

[11:53] {Threei} alert was .95 break originally

[11:54] {Threei} it broke as I typed and I sacrificed 2 cents

[11:54] {Threei} and even that was late\

[11:56] {BillyD} is LVS over?

[11:56] {Threei} no

[11:56] {nemo} there goes RIMM

[11:56] {Threei} in fact did just what we need to give a second chance

[11:56] {BillyD} i got in but saw it hit .84 1:1

[11:57] {Threei} wait

[11:57] {Threei} news

[11:57] {nemo} ipo

[11:57] {Threei} LVS Exec: Currently in discussions with Macau lenders over fund raising possibilities (9.91, +1.32, 15.37%)

[11:57] {nemo} September IPO

[11:58] {Threei} nothing important

[11:58] {Threei} stop is still above 10

[11:58] {magoo} worried about halt

[11:58] {Threei} - Earlier it was reported that the comapny was planning a Hong Kong IPO in August for its Macau operations

[11:59] {Threei} eeck... look at this:

[11:59] {Threei} TARP Inspector General discloses support by the Fed in financial crisis could reach $23.7 trillion

[11:59] {wulff} I'll write a check

[11:59] {Threei} good boy LVS

[12:00] {jfjf64} nice vad

[12:00] {Threei} 1:1, cover half

[12:00] {Threei} not a scalp most likely

[12:00] {Threei} covered half .83

[12:01] {Threei} stop to .96

[12:01] {Threei} wheeeew... not reaching magoo's greatness levels yet but finally in the black

[12:02] {Threei} US Treasury's Kruger: There are clear signs economy is stabilizing; US stimulus plan appears to be 'on course'

[12:02] {jfjf64} not ther yet .60 break wfc ohh boy

[12:02] {jfjf64} lol

[12:02] {Threei} on collision course?

[12:02] {Threei} Sees employment outlook as facing challenges

[12:02] {Threei} really?

[12:03] {Threei} this market surge is a good test for LVS

[12:03] {Threei} if can't go up, this will be a nicely hooked one for a move to .50-.60 zone

[12:04] {Threei} (UK) BoE's Bean: I do not know where interest rates are going - BBC interview

[12:04] {Threei} ummm

[12:08] {wulff} close one

[12:10] {Threei} ah come on LVS, just die already

06[12:10] * Threei hits LVS over the head with 2x4

06[12:12] * Threei sends LVS black mark in the envelop stamped with parrot on the shoulder of patch-eyed man with wooden leg image

[12:15] {wulff} is this what it is like watching grass grow?

[12:16] {Threei} no, it's like watching painted grass to grow while paint on it dries up

[12:17] {wulff} as the dried paint peels from heat exposure

[12:17] {Threei} in the winter

[12:17] {BillyD} during previous drought

[12:17] {Threei} Prez is coming on TV

[12:20] {BillyD} standoff here

[12:23] {Threei} while this thing decides what to do, take a look at UAUA daily

[12:24] {Threei} looks tipe for a swing trade with .65 trigger

[12:24] {dino} trv l .39

[12:24] {Threei} tipe = ripe

[12:25] {Threei} HGSI Hearing cautious comments from Barclays (timing uncertain) (10.42, +7.10, 213.86%)

[12:26] {Threei} come closer my meatball

[12:26] {BillyD} sounds like a love call....meatball

[12:27] {nemo} Hah!! I was thinking the same thing

[12:27] {dino} that etn report is crap, and it rocks up? horrible is good i guess

[12:27] {Threei} well... I must admit... I am in love with food

[12:27] {Threei} especially meat

[12:30] {wulff} covered

[12:30] {dino} trv to flat thing is stuck

[12:32] {dino} stopped

[12:35] {dino} sm s etn .08

[12:37] {dino} bstop is .41

[12:37] {Threei} RIMM

[12:37] {Threei} looks breaky

[12:37] {Threei} .42 break long

[12:38] {Threei} stop under .30

[12:40] {Threei} out balance LVS

[12:42] {Threei} GS CNBC's Gasparino: Goldman has no plans to relinquish its commercial bank status "in the near term" (159.89, +3.05, 1.94%) (related XLF )

[12:42] {Threei} RIMM 1:1

[12:45] {Threei} Update: US Financial Stability Oversight Board Q2 Report: markets showed noticeable improvement in Q2

[12:45] {Threei} - report says Q2 lending tapered off; both commercial and residential real estate values remain cloudy.

[12:46] {Threei} CNBC updates CIT story: sources say govt has not ruled out any assistance for CIT

[12:52] {dino} etn stopped -.33

[12:53] {dino} f'ing rinse

[12:54] {dino} hate nyse

[12:54] {wulff} one for you dino, TSRA

[12:56] {dino} ty wulf

[12:58] {dino} either .44 or .00

[12:59] {wulff} later all

[12:59] {BillyD} bye wulff

[13:00] {dino} cya wulff

[13:00] {dino} etn last try sm s .14 stop .46

[13:02] {dino} tsra sm l .50, stop .19

[13:09] {dino} etn stopped done w/it

[13:10] {Threei} LVS says we shaould have kept stop at the original level?

[13:10] {fernp} yeah

[13:10] {Threei} I would just hate to return profit

[13:10] {BillyD} I thought about reentering when mkt droppped but passed

[13:10] {Threei} so did I

[13:11] {BillyD} safe is good these days in keeping profit

[13:11] {Threei} I am getting this feeling... August may not be as dead as usually

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

[13:11] {BillyD} hope you are right

[13:11] {Threei} and even if not... the way I see it is,

[13:12] {Threei} we will sail through it safe and with smallish profits,

[13:12] {Threei} and then fireworks bound to begin

[13:12] {BillyD} your winning picks ratio is very high

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

[13:12] {BillyD} right now

[13:12] {Threei} no idea which way but

[13:12] {Threei} no, not right now

[13:13] {Threei} ok, speaking of fireworks

[13:13] {Threei} I added new section to a website

[13:13] {Threei} some thing like, umm, relief zone

[13:13] {Threei} here is first post

[13:13] {Threei} http://www.realitytrader.com/photography/

[13:14] {Threei} just want some self-expression opportunity for my artistic self, lol

[13:15] {BillyD} cool photos...where did you buy them?

[13:15] {BillyD} hehe

06[13:15] * Threei slaps BillyD around a bit with a large ofended ego

[13:15] {fernp} nice photos

[13:15] {BillyD} roflol

[13:15] {Threei} ty

[13:16] {Threei} I intend to update it now and then,. more actively at the start,

[13:16] {Threei} then as new photo opportunities comes along

[13:17] {Threei} so, who is inyerested to see my creations, use ATOM feed and whatever is there to get informed of new updates

[13:17] {Threei} or just drop by once a week :)

[13:18] {Threei} LVS puzzles me

[13:18] {Threei} sure it dfropped into 1:1 level again,

[13:18] {Threei} but market dropped much more

[13:19] {BillyD} it's in its own world

[13:19] {Threei} not sure there is a play in it on a short side anymore

[13:19] {BillyD} .80 suuport is strong

[13:19] {Threei} yeah

[13:19] {Threei} I guess I'll leave it alone

[13:19] {BillyD} RIMM bdn maybe 75

[13:20] {Threei} want a bounce first

[13:20] {Threei} and staying under .15

[13:20] {BillyD} ok

[13:21] {Threei} big bid got taken out

[13:21] {Threei} may niot even get bounce

[13:21] {Threei} ok... if market breaks down here

[13:22] {Threei} Short Setup: RIMM 75 break if stays under .15

[13:25] {Threei} so far so good

[13:25] {BillyD} yes

[13:25] {Threei} all components are in place, need trigger

[13:26] {BillyD} take trigger even if mkt doesn't breakdown?

[13:26] {Threei} Prez on TV

[13:26] {Threei} well, unless market spikes

[13:26] {Threei} then it would be a trap

[13:26] {BillyD} ok

[13:27] {Threei} imagine: market spikes, RIMM breaks 75 quickly,

[13:27] {Threei} I'd rather be a buyer on spike down :)

[13:27] {Threei} and profiting from trap shutting on non-observant shorters

[13:28] {Threei} when RIMM spikes on them

[13:28] {BillyD} true

[13:33] {BillyD} stubborn here

[13:37] {Threei} never triggered

[13:37] {Threei} and invalidated

[13:38] {Threei} as Russian poet said... thousand tons on word ore is burned for single word's sake

[13:38] {Threei} Larisa knows the name of the poet

[13:38] {Threei} on = of

[13:39] {Threei} sheesh... I can't eve retype what he came up with

[13:44] {Threei} The 'Department of Energy' was instituted on 8-04-1977

[13:44] {Threei} IT HAS 16,000 FEDERAL EMPLOYEES

[13:44] {Threei} AND APPROXIMATELY 100,000 CONTRACT EMPLOYEES

[13:44] {nemo} yeah, to make us independent from foreign oil...successful huh?

[13:45] {Threei} reason given for the establishment of the DEPARTMENT OF ENERGY:

[13:45] {Threei} O LESSEN AMERICAS DEPENDENCE ON FOREIGN OIL.

[13:45] {Threei} good job has it done

[13:49] {magoo} read RIMM vad?

[13:50] {Threei} trying to get a feel for tnhe market mags

[13:50] {Threei} RIMM will do what NASDAQ will

[13:50] {Threei} spiked with it

[13:50] {magoo} HGSI

[13:58] {Threei} HGSI maybe preparing surprise...

[13:58] {magoo} think its going to new high

[13:58] {magoo} DANGEROUS

[13:58] {Threei} understatement of the century

[13:58] {Threei} scary as Goldman Sachs coming to your prom night

[14:02] {jfjf64} here zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

[14:06] {Threei} NYSE volume 615M shares, about 13% below its three-month average; advancers lead decliners by 2.9:1.

[14:06] {Threei} - NASDAQ volume 1.27B shares, about 12% below its three-month average; advancers lead decliners by 1.3:1.

[14:07] {Threei} well, if want to try...

[14:07] {Threei} .80 break

[14:07] {Threei} stop under .65

[14:07] {jfjf64} ??

[14:07] {magoo} which?

[14:07] {Threei} ???

[14:07] {Threei} HGSI???

[14:07] {magoo} in .50

[14:12] {Threei} market starts setting the scene for new highs it seems

[14:13] {Threei} let's see if RIMM holding above .15

[14:14] {Threei} if so, next market spike is signal for RIMM entry

[14:15] {magoo} HUGGIES

[14:15] {magoo} HGSI

[14:15] {Threei} uh oh

[14:16] {Threei} magoo is getting emotional

[14:16] {Threei} mushy mashy

[14:16] {Threei} that can't be pretty

[14:16] {magoo} drinking with vad..."i luv u man..."

[14:16] {magoo} im thinking near 12 todfay...but nasty

[14:16] {Threei} yeah, that's when I usually start hiding

[14:17] {BillyD} RIMM when?

[14:17] {Threei} troubles me with this delay

[14:17] {Threei} .30 break

[14:17] {Threei} and let's hope it was just a delay

[14:18] {Threei} HGSI 1:1

[14:18] {Threei} decide half or scalp

[14:18] {Threei} hard to tell

[14:18] {magoo} if IF gets high...LOOK OUTTTTTTTTT

[14:18] {Threei} true

[14:18] {Threei} and if doesn't... watch out

[14:19] {magoo} 11.40 area..breather and blast off

[14:19] {Threei} after all, stock is up frigin 7 and galf

[14:19] {Threei} half

[14:19] {magoo} fasten seat belts

[14:19] {magoo} AAAAAAAAAADDDDD

[14:19] {BillyD} was HGSI official call

[14:19] {Threei} there is nothing over its head, but there is plenty of air under it jujst the same

[14:20] {Threei} [14:07] {Threei} well, if want to try...

[14:20] {Threei} [14:07] {Threei} .80 break

[14:20] {Threei} [14:07] {Threei} stop under .65

[14:20] {Threei} take it as you wish

[14:20] {Threei} risk is enormous

[14:20] {magoo} artapreo

[14:20] {BillyD} ok

[14:20] {Threei} so I try to keep it diacretionary

[14:20] {BillyD} makes sense

[14:20] {magoo} AHHHHHHHHHHHHHHHHHHHHH

[14:20] {BillyD} some yo will give set up but not take yourself

[14:21] {Threei} 1:2 almost

[14:22] {Threei} if I don't give it a color alert it doesn't necessary mean I wouldn't take it

[14:22] {Threei} just that it's discretionary

[14:22] {Threei} more risky thasn usual

[14:22] {Threei} Johnk, welcome aboard

[14:23] {JohnK} thx T

[14:23] {BillyD} out RIMM

[14:23] {Threei} belle too... not here right now

[14:23] {JohnK} do we have a RIMM alert?

[14:23] {Threei} nah

[14:23] {Threei} something isn't right with it

[14:23] {JohnK} OK thx

[14:23] {Threei} it moves with market as it should,

[14:24] {Threei} but it gives such strange delaysd

[14:24] {Threei} much longer than usdually

[14:24] {Threei} normally it's much more responsive

[14:24] {jfjf64} ty hgsi

[14:24] {BillyD} this mkt fallback is no help

[14:25] {jfjf64} +13cents

[14:25] {Threei} how did I know jf would go for HGSI

[14:25] {dino} rht sd .12

[14:25] {dino} sd=s

[14:25] {jfjf64} is that good thing or bad sir

[14:26] {jfjf64} lol

[14:26] {Threei} neither

[14:26] {Threei} just stating the fact...

[14:26] {Threei} and showing off my observancy

[14:26] {jfjf64} better then ya pictures

[14:26] {jfjf64} lol

[14:27] {Threei} watching trades you guys report I get pretty good feeling whose trading style is likely to get them into this or that setup

[14:27] {Threei} and don't think I'll forget that jf

[14:27] {larisa} lol

[14:27] {Threei} revenge is a dish best srved cold

[14:28] {Threei} I'll have mine when you least expect that

[14:30] {jfjf64} .80 break cof

[14:31] {jfjf64} need market help

[14:31] {jfjf64} fas goin

[14:32] {Threei} that's something we haven't payed in ages

[14:33] {jfjf64} yup

[14:35] {jfjf64} cant get pass r1 fas

[14:36] {jfjf64} hmm

[14:39] {larisa} HAR can not produce any decent bounce so far

[14:43] {Threei} Fed's Lockhart: Open minded about extending Treasury purchase program, will be discussed at next meeting

[14:47] {Threei} CIT Group Inc The purported $3B in rescue financing will reportedly be split in two sections; $2B to be provided on Monday, with the remaining sum in the near future - unconfirmed report

[14:50] {magoo} HGSI

[14:52] {BillyD} CAT is strong

[15:00] {Threei} (US) Interior Dept proposes banning new uranium mines on around 1M acres neary the Grand Canyon (related USU USEG FRG URZ )

[15:02] {magoo} HGSI

[15:03] {Threei} wow

[15:05] {Threei} don't see aything for this spike

[15:09] {magoo} HUGGYBEAR

[15:21] {magoo} vads, finf my 12 call

[15:25] {Threei} really tempted to short it

[15:28] {Threei} would be nice if I found guts, lol

[15:28] {magoo} i just exited .11.79

[15:28] {fernp} lol

[15:28] {magoo} like fvrom 10.50

06[15:28] * Threei slaps magoo around a bit with a large roll of cash

[15:39] {Threei} 12

[15:39] {Threei} ok, here it comes:

[15:39] {Threei} magoo was right

[15:40] {Threei} magoo faints

[15:47] {Threei} MKTX CEO: Expecting a better Q2 due to higher bond trading volumes; expect profits to be increased by CDS trading reforms (10.74, -0.12, -1.10%)

[15:51] {Threei} sheesh

[15:52] {Threei} President will address the nation on Wed at 8 pm

[15:55] {Threei} CNBC's Liesman: Treasury reacts to report by the TARP inspector General; the $23.7 trillion figure is inflated

[15:56] {larisa} by 0.7 :)

[15:56] {Threei} OGXI To raise $9.5M by selling 475K shares

[15:56] {Threei} lol larisa

[15:56] {Threei} if not by .35

[15:57] {Threei} selling 475K shares at $20/share

[15:58] {Threei} Treasury notes that cash outlays so far in the financial crisis are approx $2 trillion

[15:58] {Threei} are they saying inspector general can't count?

[15:59] {BillyD} he meant 2.7 not 27

[15:59] {BillyD} not 23.7

[15:59] {Threei} whatever

[16:00] {Threei} they can share abacus I'd think

[16:00] {larisa} poor HGSI shorts

[16:00] {Threei} thank you all, have a good evening

[16:00] {Threei} see you tomorrow

[16:00] {larisa} bye all

[16:00] {BillyD} cya

[16:01] {fernp} see u tomorrow. good evening all

Jul 17 2009

Nice profitable end to a nice profitable week. AIG long identified as a more than scalp worked and indeed brought nice gain about 50 cents. RIMM worked as well on a long side; BRCX decided to shake us out for a small stop on half lot which couldn't spoil the day.

Session Time: Fri Jul 17 00:00:01 2009

[08:46] {cosmo} BCRX) today announced positive results from two Phase 3 studies of intrav

[08:46] {cosmo} enous (i.v.) peramivir in patients with seasonal influenza.

[08:48] {cosmo} the i.v. model is so sheek....

[08:49] {cosmo} portable i.v. that is

[08:51] {Threei} Good morning

[08:51] {Threei} NVAX is moving in sympathy with BCRX I guess

[08:53] {dino} gm all

[08:53] {Threei} dino :)

[08:56] {magoo} morning

[08:57] {Threei} magoo :)

[08:57] {magoo} hi vad

[08:57] {Threei} keep an eye on BCRX

[08:58] {cosmo} CHINA?

[08:58] {Threei} may turn one of those.. huge gap, consolidation, then incredible follow through

[08:58] {magoo} wow..ok

[08:58] {magoo} which banks reported this morn

[08:58] {Threei} CHINA raised to Outperform from Underperform

[08:59] {Threei} price target $2.50

[08:59] {Threei} Earnings

[08:59] {Threei} Before the Open: AOS, BMI, BAC, BBT, C, FHN, GE, MI, MAT, PRSP, WBS.

[09:00] {magoo} BAC not so good i guess?

[09:01] {Threei} BAC Reports Q2 $0.33 v $0.28e, R $32.8B v $33.1Be

[09:17] {ese} good morning

[09:17] {Threei} ese :)

[09:20] {magoo} wasc good?

[09:20] {magoo} C

[09:21] {Threei} C Reports Q2 -$0.27 v -$0.37e, R $22.0B v $22.4Be

[09:24] {fernp} good morning everybody

[09:24] {magoo} keep eye on C vad..u got 2 left

[09:24] {Threei} fern :)

[09:25] {Threei} C is easy

[09:25] {jfjf64} mornin all

[09:25] {Threei} 3.21 is two days resistance, and bumping into it again

[09:25] {Threei} jf :)

[09:26] {Threei} was also a high on 06/19

[09:26] {jfjf64} what we lookin for in C vad late start here my friend

[09:26] {Threei} watching C by magoo's request,

[09:26] {Threei} and BCRX

[09:26] {jfjf64} magoo the man

[09:27] {Threei} if fails, it's his fault

[09:27] {jfjf64} of cause

[09:27] {magoo} it runs to 4 i get 2 months free ok?

[09:27] {magoo} BAC to vad..use another eye

[09:27] {jfjf64} ofcause

[09:28] {BillyD} gm all

[09:29] {Threei} Billy :)

[09:30] {texus} gm all

[09:30] {ese} corection today perhaps

[09:30] {Threei} texus :)

[09:31] {ese} texus!!!! welcome

[09:32] {dino} gm tex

[09:32] {dino} bcrx

[09:33] {ese} that ones interesting dino

[09:34] {texus} ty and g'morning:)

[09:34] {Threei} Long Setup: C 3.22 if stays above 3.10

[09:35] {BillyD} SMTC over .60 VAD

[09:35] {nemo} patience, you been killing it with tck lately?

[09:35] {BillyD} can be a spread changer though

[09:36] {cosmo} BCRX 6.40 hod

[09:36] {cosmo} ...needs to hold 6

[09:36] {cosmo} imo

[09:37] {dino} thinking short cos, fwiw

[09:38] {cosmo} hmmm

[09:38] {dino} mmmmh

[09:38] {cosmo} thinking valadation of support

[09:38] {dino} can't borrow cyber

[09:39] {magoo} CRAP AIG

[09:40] {magoo} may be a player vad AIG

[09:41] {Threei} looks like'nice pace

[09:41] {dino} sds l .75

[09:41] {ese} L yhoo .76

[09:42] {magoo} BAC

[09:43] {dino} stopped sds -.15

[09:43] {ese} yhoo stopped .70

[09:43] {patience} good morning nemo, just got out of tck this morning...+.76 today :)

[09:43] {ese} -.06

[09:43] {nemo} thought you might be there

[09:43] {patience} went camping on hornby island, left it to run and it did well while i was gone

[09:45] {BillyD} narrow range so far

[09:46] {nemo} fcx and tck killing it

[09:46] {_mikej} c still good

[09:46] {nemo} never broke .10

[09:47] {Threei} I start thinking, aggressive entry is better idea on C

[09:47] {Threei} pullback closer to .10, let's take it and keep tight stop just under it

[09:47] {_mikej} what that mean

[09:47] {_mikej} ok

[09:47] {magoo} whats your thoughts BCRX

[09:48] {magoo} lets watch AIG for pullbk

[09:48] {Threei} Long Setup: BCRX 6.10 break if stays above 6

[09:48] {ese} l yhoo .77

[09:48] {magoo} not avail short..so gay

[09:48] {dino} sds rinsed

[09:49] {Threei} mike,

[09:49] {Threei} http://www.realitytrader.com/blog/2007/07/how-aggressive-are-you.html

[09:49] {magoo} BACon too...is a player

[09:49] {ese} out yhoo .82 +.05

[09:50] {fernp} gj ese

[09:50] {Threei} first strength from here, C

[09:50] {Threei} and only if holding above .10

[09:50] {ese} tks

[09:50] {nemo} markets dumping

[09:50] {Threei} BCRX invaliated

[09:51] {magoo} thats avail short if sets up boss

[09:52] {Threei} well... 6 was a short trigger by definition

[09:52] {Threei} C

[09:52] {Threei} upticks

[09:52] {Threei} stop under .10

[09:52] {magoo} AIG trying 14

[09:53] {Threei} Long Setup: AIG .80 break

[09:53] {Threei} stop under .60

[09:55] {Threei} if this one works, it's not a scalp

[09:55] {Threei} 14 is not a ceiling for it

[09:55] {Threei} 15 is not out of question

[09:56] {magoo} in

[09:56] {magoo} lets RIIPPPPPPPPPPP

[09:58] {Threei} offering 1/4 14.05

[09:58] {magoo} WHAT???

[09:58] {Threei} what what?

[09:59] {Threei} just 1/4, not even 1/2, and over 1:1

[09:59] {Threei} gotta manage risk ya know

[09:59] {Threei} it's AIG

[09:59] {Threei} hit

[09:59] {Threei} 1/4 out

[09:59] {dino} 7 up days in row on naz

[09:59] {Threei} offering 1/4 more 14.25

[10:00] {Threei} stop under b/e

[10:01] {jfjf64} aaaaaaaaaaaaaaiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiigggggggggggggggggggg

[10:01] {Threei} control yourself young man

[10:02] {magoo} covered AIG

[10:02] {texus} did anyone else have buying power issues with AIG?

[10:02] {Threei} covered?

[10:02] {magoo} only quarter left

[10:03] {magoo} UH..like whatever

[10:03] {magoo} i got other stuff goin

[10:03] {magoo} BAC

[10:03] {Threei} excuse me... you yelled at me for exiting 1/4?

[10:03] {magoo} SO?

[10:03] {Threei} texus... no...

[10:03] {magoo} :)

[10:03] {magoo} good thing your room here isnt skype

[10:03] {dino} you should hear him yell at me

[10:03] {magoo} i yell at u all day

[10:04] {jfjf64} go babbbbbyy go

[10:04] {Threei} lol, my sympathies dino

[10:04] {Threei} true mags

[10:04] {Threei} what was I thinking

[10:04] {dino} sometimes i just shut the door

[10:04] {magoo} i added

[10:04] {Threei} hit on the next 1/4

[10:04] {magoo} gonna ,ake millions

[10:04] {Threei} offering next one .45

[10:05] {BillyD} out in full AIG ty Vad & Magoo for alert

[10:05] {dino} skbi

[10:05] {Threei} welcome sir

[10:05] {Threei} told ya not a scalp

[10:05] {Threei} good thing you trusted me

[10:05] {jfjf64} lucky guess

[10:05] {BillyD} it is

06[10:06] * Threei slaps jfjf64 around a bit with a large roll of cash

[10:06] {jfjf64} aaaaaaaiiiiiiiiigggggg lol ty

[10:07] {magoo} BACon hangin in

[10:07] {dptl} morning all

[10:07] {Threei} dp :(

[10:08] {BillyD} Vad, what was your indication on AIG being more than scalp?

[10:08] {Threei} insane pace... saw that zillion times with runners

[10:08] {Threei} huge pressure

[10:08] {jfjf64} vodka billy d vodka

[10:08] {Threei} that too

[10:08] {jfjf64} lol

[10:09] {jfjf64} ya da man

[10:09] {Threei} C no go

[10:09] {BillyD} lol

[10:09] {Threei} out 1/4 more AIG if loses .30

[10:09] {Threei} there, out

[10:09] {Threei} last piece has the same stop, under .80

[10:10] {dino} sds l .65

[10:10] {Threei} so far, +.25, +.45 and +.48

[10:10] {jfjf64} lk ya style youg man

[10:10] {Threei} hehe

[10:11] {Threei} two old farts calling each other "young man" with this indulgent look

[10:12] {Threei} mags, admin asked you to check your e-mail

[10:12] {jfjf64} plays lk that keep us young strog

[10:13] {jfjf64} vad check ge pls ya lk

[10:13] {Threei} not really... struggle

[10:13] {Threei} me like easy money

[10:13] {Threei} GE is not

[10:14] {Threei} it may work but it will torture you

[10:14] {magoo} dcc

[10:14] {magoo} vad

[10:14] {Threei} each uptick will be a battle

[10:14] {jfjf64} ty

[10:16] {Threei} BCRX flatlined

[10:16] {Threei} this kind can resume march later on when they flatline this high in thr gap

[10:16] {magoo} RIMM vad

[10:16] {magoo} may be bounce

[10:17] {Threei} BCRX

[10:17] {Threei} Long Setup: BCRX .10 break if holding above 6

[10:18] {BillyD} lol

06[10:18] * magoo slaps BillyD around a bit with a large trout

[10:18] {Threei} valid still

[10:18] {magoo} no laughing..cant focus he he

[10:18] {Threei} RIMM .70 mags

[10:18] {Threei} aww

[10:18] {Threei} late

[10:18] {Threei} see if pulls back

[10:18] {jfjf64} you likey

[10:18] {BillyD} it was funny

[10:20] {Threei} so that I don't repeat the call:

[10:20] {Threei} if it goes above 6,

[10:20] {Threei} makes couple moves between 6 and 6.10

[10:21] {Threei} then breaks, it's valid again

[10:21] {Threei} RIMM back into call

[10:21] {Threei} .70 break

[10:21] {jfjf64} .10 break vad

[10:21] {Threei} stop under .60 for scalpers

[10:21] {Threei} under .50 for daytraders

[10:22] {Threei} over 1:1 for scalpers

[10:22] {Threei} over 1:2 for daytraders

[10:23] {Threei} 1:1

[10:23] {dino} sds stopped-.15

[10:23] {tomg} ty rimm, vad

[10:23] {magoo} out .91 TY FL

[10:23] {Threei} :)

[10:23] {Threei} that's what I call easy money

[10:23] {Threei} how hard was that?

[10:23] {magoo} i make the snowballs...vad throws them

[10:23] {jfjf64} lol

[10:24] {magoo} good team

[10:24] {Threei} may I offer one more application

[10:24] {Threei} you line up idiots along the wall... I shoot them

[10:25] {Threei} older I become lwess tolerance for idiots I have :)

[10:25] {jfjf64} aig

[10:25] {Threei} last piece of AIG is still here

[10:26] {Threei} stop under .80

[10:26] {Threei} not sure about target

[10:26] {jfjf64} im all out

[10:26] {Threei} will see how it goes

[10:26] {Threei} BCRX has this feel about it

[10:26] {Threei} 'I will kill a lot of you shorts"

[10:27] {wulff} .10 still you say

[10:28] {Threei} yup

[10:28] {Threei} may take a few tries as it shakes out

[10:28] {Threei} not an easy stock

[10:28] {jfjf64} lk that yup

[10:30] {wulff} AAPL over 150

[10:32] {Threei} let's change the idea on BCRX

[10:32] {Threei} see big offer at 6.01?

[10:32] {Threei} half lot long if breaks it while holding above .90

[10:33] {Threei} then if not stopped, add half lot on 6.10 break

[10:33] {Threei} and move stop to the low between these two events

[10:34] {Threei} makes sense?

[10:34] {nemo} clear as mud

[10:34] {ese} l yhoo .84

[10:34] {jfjf64} 6.01 break correct

[10:34] {BillyD} if BCRX breaks .01 and holds .95 then .95 is stop right?

[10:35] {Threei} no, for the first half lot .90

[10:35] {BillyD} ok

[10:35] {nemo} there are big orders at 600 an 6.02 also

[10:36] {BillyD} readjust stop if only breaks .10 right

[10:36] {Threei} they don't matter nemo

[10:36] {Threei} one at 6.01 does

[10:36] {ese} Daaaaaaaaaa!!!!!!! get up there

[10:41] {BillyD} in .01

[10:42] {BillyD} Am I in premature vad

[10:42] {dino} lol

[10:42] {BillyD} lol

[10:42] {dino} going down gut says

[10:43] {BillyD} why I ask

[10:43] {dino} sds l .50

[10:45] {Threei} okay... let's do it BCRX

[10:45] {Threei} so far everything according to a plan,

[10:45] {Threei} the rest is up to trading gods

[10:45] {Threei} they smile or they frown

[10:46] {nemo} look at the order at .05

[10:46] {Threei} nice order

[10:46] {Threei} juicy

[10:48] {Threei} watch now where we bottom out, that will be an indication where to trail the stop if we get a trigger for another half

[10:49] {jfjf64} wher is ya stp on this piece

[10:50] {nemo} .90

[10:50] {Threei} right under

[10:50] {ese} yhoo stopped .75 -.09

[10:50] {nemo} the proverbial "hair"

[10:50] {Threei} that's important diastinction

[10:51] {Threei} holding or losing the actual support

[10:51] {ese} this is not my day......

[10:52] {ese} as vad says " sometimes you are the windshield.....sometimes you are the bug!"

[10:53] {nemo} holding so far in a down market

[10:53] {nemo} kinda'

[10:55] {wulff} love that saying

[10:56] {ese} I like it too when it's not me

[10:57] {nemo} look at that bid at .98

[10:58] {nemo} gone

[10:58] {cosmo} 'don't be the bug; be the helmet'

[10:58] {cosmo} old biker saying....

[11:00] {nemo} Vad, if it chews through that big orer at .92, woul that be a good stop?

[11:00] {nemo} bid that is

[11:00] {ese} nice cos....... i like that better

[11:00] {dino} out sds .70, +.20

[11:00] {Threei} you are that eager to save 3 cents on half lot?

[11:01] {nemo} no, avoid slippage if it cracks the stop

[11:01] {cosmo} it goes better with music

[11:01] {Threei} then weigh it against being shaken out

[11:05] {ese} true

[11:05] {nemo} ese, did you ever hear of John Valbe?

[11:07] {Threei} done with AIG

[11:07] {BillyD} it was a good trade VAD

[11:07] {Threei} ty

[11:12] {fernp} have to go. see u on monday. good weekend to all

[11:13] {Threei} take care fern, have a good one

[11:13] {magoo} u too fern

[11:13] {BillyD} mkt seems to be in coma already

[11:21] {dino} sds s .75

[11:21] {jfjf64} what happen to easy moneyyyyyyyyyyyy

[11:22] {nemo} summer friday heading into lunch

[11:22] {Threei} it doesn't exist after morning rush is over

[11:22] {Threei} not in the summer

[11:22] {Threei} not on Friday

[11:22] {nemo} not at lunch

[11:23] {wulff} options exp.

[11:24] {Threei} no worky BCRX

[11:24] {nemo} there's that slippage

[11:24] {dino} cov sds .63, +.12

[11:25] {magoo} l MS .64

[11:25] {Threei} what slippage did you get??

[11:25] {Threei} .89 was there, .88 was there

[11:25] {nemo} .84

[11:25] {Threei} ???

[11:25] {Threei} you are kidding

[11:26] {nemo} no, blasted right through, I hit the button at .89 it just fell so I hit market sell

[11:26] {dino} nemo never kids

[11:26] {nemo} you had 3 or 400 shares at those levels...with you in there, that would gobble them up

[11:27] {nemo} shoulda' shorted :)

[11:34] {dino} tight range day

[11:34] {BillyD} yeah, NDX 10 pts

[11:37] {wulff} WFC

[11:38] {Threei} (US) White House Advisor Summer: Rising unemployment does not serve as apt basis for concluding that stimulus is falling short

[11:38] {Threei} - Rise in productivity during recession may be a sign of additional financial pressures on firmsmore... (related EUR/USD )

[11:48] {dino} sds l .75

[11:49] {ese} l fitb .14

[11:49] {nemo} not much movement, but volume pretty good

[11:49] {nemo} oil up big today

[11:50] {wulff} JPM long maybe, over .80

[11:54] {BillyD} I like COT setup but not today

[11:54] {BillyD} before it broke down...lol

[12:05] {wulff} Got WFC at .61 but got scared and sold early

[12:13] {nemo} MOS on a tear today

[12:15] {magoo} POT too

[12:15] {nemo} 4:1 % wise on MOS

[12:15] {nemo} well...3:1

[12:18] {BillyD} Vad, you watching BCRX

[12:18] {Threei} not sure for what

[12:18] {Threei} no pattern

[12:19] {BillyD} want to short but action says no

[12:19] {BillyD} just based on top of range

[12:22] {Threei} server bump?

[12:22] {BillyD} not here

[12:23] {dino} here

[12:27] {dino} upside has been relentless

[12:27] {nemo} all week

[12:27] {dino} y

[12:27] {BillyD} and downside the week before

[12:27] {Threei} Long Setup: RIMM .30 break

[12:27] {Threei} if stays above .20

[12:28] {ese} well I never!!!!!!!

[12:31] {dino} nor i

[12:35] {ese} could anything less be happening.........

[12:35] {nemo} there was plenty happening, we were just in the wrong places

[12:35] {jfjf64} good weekend all

[12:35] {Threei} see you in a year

[12:35] {Threei} take care jf

[12:36] {dino} cya jf

[12:36] {ese} cya jf

[12:36] {jfjf64} lotta fun this week goin to bank

[12:36] {jfjf64} lol

[12:36] {Threei} wtg

[12:36] {jfjf64} ty

[12:36] {Threei} but I am still leaving for a year

[12:36] {jfjf64} ese will tk ya spot

[12:36] {dino} gj

[12:37] {jfjf64} i bet he will hv music in background

[12:37] {ese} you bet

[12:38] {magoo} in rimm

[12:41] {magoo} CIT goin

[12:44] {nemo} anybody think MOS might be looking like a short?

[12:45] {nemo} guess not

[12:47] {magoo} kickin rimm

[12:49] {magoo} pulled a muscle dammit

[12:49] {nemo} stop "Web" surfin'

[12:49] {nemo} there goes mos

[12:53] {magoo} out rimm flat

[13:00] {ese} the myth of the "BLUSHDA" L=left R=right small l or r are grace notes...here we go..... rL rrL rL rrL etc etc lR llR lR llR....try it in triplets and sixteens next time you have time at home.....thank you....thought this would brighten your day

[13:00] {nemo} Somebody think up something creative with which to SMACK ese!

[13:02] {ese} whaaaaaaaa??????? nobody wants to be a drummer........auch du miya.........i'm hurt

[13:03] {nemo} Oy weh.

[13:06] {Threei} lol BCRX... now it decided to go?

[13:06] {nemo} and look at MOS

[13:07] {Threei} sorry... I don't care about MOS... that's dino's risk profile, not mine

[13:07] {nemo} Dino...look at MOS

[13:11] {dino} takeover rumors

[13:12] {dino} markets maybe rollingover

[13:12] {nemo} yeah, actually I was just busting when I was calling for opinions on a short @53

[13:13] {dino} thinking about going short

[13:14] {dino} markets that is

[13:14] {nemo} C U Monday

[13:14] {dino} cya nemo

[13:15] {Threei} lol... that's disgusting behavior by BCRX

[13:15] {BillyD} it's rude

[13:15] {Threei} very

[13:16] {Threei} this is what it was supposed to do back then

[13:20] {magoo} reload rimm ..28

[13:26] {_bradc} are you in rimm?

[13:27] {Threei} am not

[13:28] {magoo} i am .28

[13:28] {magoo} trying to exit .44

[13:30] {BillyD} magoo having to work for every penny on RIMM

[13:30] {magoo} out ..yea..and im lazy bastard

[13:33] {magoo} ty rimm boss

[13:45] {Threei} up we go some more

[13:46] {BillyD} just hard to play these breaks due to stops to wide

[13:46] {BillyD} a spike down and you are stopped

[13:46] {Threei} this is not a breakout game right now, I agree

[13:46] {Threei} pullbacks, yes

[13:46] {Threei} breakouts are mostly traps

[13:47] {BillyD} good entries are key

[13:49] {_bradc} on rimm the range was between .20 and .40, what did you see that made you call long at .30?

[13:50] {magoo} ill tell u what i saw..aapl finally started to break out, so i hit rimm

[13:51] {Threei} that trade long invalidated

[13:51] {magoo} it was .28 when aapl too its day highh of .45

[13:51] {Threei} the one magoo did came way later and was not directly tied into my call, other than general idea

[13:51] {Threei} at the time, idea of the trade was:

[13:51] {Threei} range .20 - .40,

[13:52] {Threei} hate to play breakout since stop would have to be so wide,

[13:52] {Threei} so want to try and get pullback,

[13:52] {BillyD} AAPL nice here

[13:52] {Threei} stock pulls under .30,

[13:52] {Threei} stabilizes,

[13:52] {Threei} bums into .30 couple times forming little resistance,

[13:52] {Threei} so we have minirange .20 - .30

[13:53] {Threei} and .30 becomes a trigger for a pullback entry.

[13:53] {Threei} Much closer to support, stop is way narrower

[13:53] {Threei} kind of semi-agressive entry

[13:53] {_bradc} thank you very much

[13:54] {Threei} sure thing

[13:54] {magoo} have a fish

06[13:54] * magoo slaps _bradc around a bit with a large trout

[13:54] {Threei} sigh... rite of passage

[13:55] {_bradc} more trout please

[13:56] {Threei} careful... with magoo around won't have to ask twice

[13:56] {BillyD} Vad, does your NQ chart lag a few seconds behind compared to main stocks when they follow (AAPL{ RIMM) & breaking up before seen on NQ chart

[13:56] {Threei} gotta watch in each particular case Billy

[13:56] {Threei} someof them sometimes lead, some follow

[13:57] {Threei} it's nto once and forever established relation

[13:57] {BillyD} was curious in more general rule

[13:57] {magoo} u using naz or q billy, im using Q chart

[13:57] {BillyD} q

[13:57] {BillyD} like AAPL moved thru .31 hitting .36 before uptick on Q chart

[13:57] {Threei} there is no general rule... some stock follow, some lead

[13:58] {Threei} some don't care

[13:58] {Threei} and any of them can change tomorrow

[13:58] {dino} ge hl l .75 stop lod

[13:58] {BillyD} so I shouldn't put too much stock into it

[13:59] {Threei} my favorites are those that follow with little delay

[13:59] {BillyD} yeah, that is the best way to work it

[13:59] {BillyD} otherwise hit and miss

[14:00] {magoo} WFC short

[14:01] {magoo} aapl sh .25

[14:01] {Threei} what the

[14:02] {Threei} mibbit must be acting up

[14:02] {magoo} aapl stop .40

[14:03] {magoo} 25 stop .wfc

[14:03] {magoo} imposs to short these days

[14:04] {magoo} stooped

[14:04] {BillyD} mkt climbs a wall of worry

[14:04] {BillyD} hard to get good follow thru

[14:04] {Threei} why are you fighitn the tape mags

[14:04] {Threei} there is nothing to indicate short

[14:05] {magoo} looked like rolling over

[14:05] {magoo} duped me

[14:12] {BillyD} BCRX looked like it was heading up to the .50 area and died

[14:13] {dptl} ok...done for today....have a good weekend all

[14:13] {BillyD} bye dp

[14:14] {dino} cya dp

[14:16] {Threei} take care dp

[14:17] {magoo} bye dp

[14:18] {Threei} magoo

[14:18] {Threei} loom to your right

06[14:18] * magoo slaps laserdave around a bit with a large trout

06[14:18] * magoo slaps laserdave around a bit with a large trout

06[14:18] * magoo slaps laserdave around a bit with a large trout

[14:18] {Threei} fish abundance

[14:19] {magoo} thanx for notice

[14:19] {Threei} one day dave will read Douglas Admas and say: good bye and thanks for all the fish

[14:25] {laserdave} :)

[14:26] {Threei} chessire cat smile?

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

[14:39] {magoo} moissed IBM move

[14:39] {Threei} huh?

[14:39] {Threei} there are 10000 stocks

[14:39] {magoo} what?

[14:39] {Threei} you are going to slap me for each one I miss?

[14:39] {magoo} no..just for that one

[14:39] {Threei} oh

[14:39] {Threei} okay then

[14:40] {BillyD} that's what scanners are for

[14:40] {magoo} u missed others too

[14:40] {BillyD} so you don't miss IBM

[14:40] {Threei} you guys...

[14:40] {BillyD} hehe

[14:40] {Threei} tell you what

[14:41] {Threei} go out there are find anyone who makes real time calls who would perform this summer as I did

[14:41] {Threei} or last fall for that matter

[14:41] {Threei} or winter

[14:41] {BillyD} hmmmm

[14:41] {Threei} fall probaly being the best indication since it was the world of hurt everywhere

[14:42] {Threei} and we made money day in day out

[14:42] {BillyD} we are spoiled and want more.....

[14:42] {BillyD} :)

[14:42] {Threei} well... maybe you need a reality check now and then... I am going to monastery for a year

[14:43] {Threei} when I am back, tell me whether you want me to start this again

[14:43] {BillyD} that would be serious reality check for you

[14:43] {Threei} what to check.. I found this great mountain all-female monastery...

[14:44] {BillyD} I see, you would not come back after

[14:44] {BillyD} a year

[14:45] {BillyD} magoo started and I chimed in for lack of anything else to do

[14:45] {BillyD} and I know how much you like to be badgered

[14:46] {Threei} lol

[14:46] {dino} zzzzzzzzzzzzzzzzzzzzzzz

06[14:47] * magoo slaps dino around a bit with a large trout

[14:54] {magoo} vad rot or rip

[14:55] {Threei} sideways or rip

[15:04] {magoo} CIT crushed

[15:04] {Threei} Update: Philadelphia's city government has stopped paying its vendors, citing a cash crisis - WSJ

[15:04] {Threei} - Mayor Nutter took this action after the Pennsylvania legislature failed to grant him authorization to raise the city sales tax and change the formula for the city's contribution to its employee pension plan, which the mayor sought as a means of closing the city's budget gap.

[15:05] {BillyD} amazing signs everywhere

[15:06] {Threei} CNBC's Faber: Sources indicating investors would prefer investing in a debtor in possession scenario and that a bankruptcy filing is more likely than not at this point

[15:06] {Threei} - Faber reiterates bankruptcy filing is not likely today, but could come over the weekend

[15:06] {Threei} that's for CIT mags

[15:06] {BillyD} tell the mayor to seel some bonds

[15:06] {BillyD} sell

[15:08] {dino} municipalities look like the next shoe to drop

[15:09] {BillyD} scary in that it directly hits people

[15:09] {dino} indeed

[15:11] {dino} big problem i hear, muni's not getting real estate tranfer taxes (sales way down) or real estate/school taxes (foreclosures), budgets count on these

[15:11] {BillyD} very true

[15:12] {BillyD} once homes sold they will get the re taxes but it kills their cash flow

[15:12] {dino} most do not realize how important the r.e. business is to eveything

[15:12] {BillyD} big ripple effect

[15:12] {dino} yes

[15:22] {ese} well this has been a "B"flat nothing day for me for sure.....am still long fitb .14......

[15:23] {ese} hows everyone else doin

[15:23] {dino} 550

[15:24] {ese} beats my -563

[15:24] {ese} good work dino

[15:24] {dino} i've strugled this month

[15:25] {dino} not good enough

[15:25] {ese} it'll even out for sure

[15:25] {dino} had to go back to scalping

[15:27] {ese} hmmmmmmm it's good to fall back on though......550's nothing to sneeze at

[15:28] {dino} when i hit a wall, back to scalps.

[15:28] {dino} tight ranges tough on my normal style

[15:28] {ese} good on ya...

[15:29] {dino} rockin' horse winner

[15:30] {dino} wow thought someone would get that

[15:32] {ese} haven't heard that saying for a while......i might have forgot what it means......from a movie right?

[15:32] {dino} "there must be more money"

[15:32] {dino} kid rides his rocking horse to predict horse winners

[15:32] {ese} ya......i remember now

[15:33] {magoo} MOS CRASH

[15:34] {magoo} news "no offer?"

[15:34] {Threei} MOS Vale denies making any offers for fertilizer companies, expanding operations remains strategic goal

[15:34] {Threei} - to concentrate on organic growth

[15:34] {Threei} - Reminder: on 7/16 Brazil's Estado news agency r... (49.87, -0.11, -0.22%) more... (related VALE POT AGU MON )

[15:36] {ese} wow.....anybody short that

[15:42] {ese} well....i've had enough for one wekk.....catch you all monday.......have a great weekend

[15:43] {ese} week

[15:43] {Threei} take care ese

[15:43] {ese} see ya vad

[15:43] {dino} cya es

[15:54] {BillyD} OPWV has nice chart for next week possibly

[15:54] {Threei} worth watching for sure

[15:54] {BillyD} KONG at it again

[15:58] {dino} out ge -.07

[15:58] {Threei} okay guys

[15:58] {Threei} thank you all

[15:58] {magoo} ty

[15:58] {Threei} that was a fairly nice week

[15:58] {Threei} even though magoo is unhappy with me

[15:59] {Threei} but what else is new

[15:59] {Threei} have a great weekend, see you on Monday

[15:59] {Threei} unless I am in monastery by then

[15:59] {dino} wow 8 days in row ndx

[15:59] {BillyD} thx Vad, have a good wknd

[16:00] {dino} sm sds position holdover