Jul 13 2010

Catch of the day is interesting by the way we entered it, not very common for us: conservative entry (see http://blog.realitytrader.com/2007/07/how-aggressive-are-you.html for explanation). As resistance at $36 got broken, we waited out the initial spike (or simply missed the entry), then bought on the return to the former resistance which became new support

Session Time: Tue Jul 13 00:00:00 2010
[07:50] {hawk} hmm, logging in to mibbit by typing good morning didn't work
[08:22] {Threei}  weird
[08:22] {Threei}  let me try
[08:22] {Threei}  hmmm... no
[08:23] {Threei}  and they say politeness open doors...
[08:24] {hawk} i know, i just don't understand :)
[08:24] {Threei}  bitter disappointment...
[08:24] {nemo} where is this coming from
[08:24] {Threei}  life, it seems, is so unfair
[08:25] {nemo} wow...what an insight
[08:25] {Threei}  very unexxpected
[08:27] {Threei}  Preview: May Trade Balance expected out at 08:30ET (12:30 GMT)
[08:27] {Threei}  **Consensus expectations: -$39.0Be v -$40.3B prior (range of analyst estimates seen from -$41.5B to -$37.0B)
[08:28] {hawk} VVUS news Vad?
[08:28] {Threei}  altic Dry Bulk Index declines approx 3% (33rd straight decline)
[08:28] {Threei}  - Index at 1,790
[08:28] {Threei}  ***Note: Reading is longest consecutive deline in almost 9 years
[08:28] {Threei}  VIVUS, Inc FDA Staff: Qnexa data shows that the obesity drug sucessfully reduced body weight, drug showed "expected improvements" in blood pressure, blood fats and blood sugars
[08:28] {Threei}  - Both phentermine and topiramate have been approved as single ingredient products in the United States for more than 10 years. However, little is known about the postmarket safety profile when phentermine and topiramate are used concurrently in an overweight or obese population. Given two-third of adults are either overweight or obese, Qnexa could have widespread use, and the potential for safety issues cannot be dismissed.
[08:29] {Threei}  - This review identified important safety concerns for Qnexa (also described in the phentermine and topiramate labelings) that include congenital malformations, eye disorders, neuropsychiatric events, and cardiovascular events (including death). The intended population (obese or overweight) is susceptible to comorbidities such as cardiovascular death that may be exacerbated by the dose-related sympathomimetic effects of the phentermine component of Qnexa
[08:29] {hawk} thx
[08:30] {Threei}  I am not sure I understand how it gaps up with this
[08:30] {Threei}  US) MAY TRADE BALANCE: -$42.3B V -$39.0BE
[08:30] {Threei}  yikes
[08:57] {Threei}  BP lost lustre
[09:00] {dptl} good morning
[09:00] {Threei}  dp :)
[09:06] {hawk} dp has not lost lustre
[09:08] {Threei}  for early risers:
[09:08] {Threei}  http://photography.realitytrader.com/2010/07/whales-and-other-mostly-swimming-things.html
[09:11] {hawk} wow, incredible pics vad
[09:11] {nemo} that's what Vad looks like when he's stalking bacon
[09:12] {Threei}  rofl
[09:12] {Threei}  ty hawk
[09:17] {larisa} gm :)
[09:18] {dino} gm all
[09:18] {dino} amed, cvlt
[09:18] {Threei}  larisa, dino :)
[09:19] {shorty} morning
[09:19] {Threei}  shorty :)
[09:19] {lasertrev} gm
[09:20] {Threei}  trev :)
[09:20] {jfjf64} mornin
[09:21] {Threei}  jf :)
[09:25] {Threei}  dreadful big gap up
[09:26] {jfjf64} no  likey
[09:26] {nemo} go fishing
[09:26] {nemo} it's Alcoa's fault
[09:26] {Threei}  I guess
[09:27] {strider} morning
[09:27] {Threei}  strider :)
[09:27] {strider} vad:)
[09:29] {magoo} :)
[09:29] {nemo} mags
[09:30] {Threei}  magoo :)
[09:31] {Threei}  QTWW Quantum and Asola Expand Into Canada - Signs MOU to Build a 30 MW Solar Manufacturing Facility in Ontario (0.52, +0.01, 1.96%)
[09:31] {magoo} vvus was 14.50 pre mkt
[09:31] {Threei}  with the news, I don't know why it's not at 5
[09:32] {strider} BP
[09:32] {Threei}  sharp selling
[09:33] {Threei}  no news
[09:33] {Threei}  .40 break long
[09:33] {Threei}  stop under .30
[09:33] {nemo} jeez vvus
[09:33] {magoo} look FCX vad
[09:34] {Threei}  invalidated
[09:34] {Threei}  watching for another range
[09:35] {Threei}  .10 - .20
[09:35] {Threei}  .10 - .15 even
[09:36] {Threei}  in
[09:36] {magoo} in
[09:36] {Threei}  1:2, half out
[09:37] {shorty} out
[09:37] {shorty} ty
[09:38] {Threei}  welcome
[09:38] {Threei}  scalpers win
[09:38] {jfjf64} clf
[09:38] {Threei}  VVUS Hearing JMP Securities makes positive comments (timing uncertain) (12.16, +1.51, 14.18%)
[09:38] {jfjf64} sharp  drop
[09:39] {nemo} you got 1:2 how is that scalper win
[09:39] {Threei} Long Setup:  LVS  .55 break if holding .45
[09:40] {Threei}  'cause I sold half trying for a run on the balance :)
[09:41] {nemo} bp bounce?
[09:42] {Threei}  probably one more leg down
[09:42] {Threei}  hard to tell, tough fight here
[09:43] {nemo} scalped .96 to .06
[09:43] {Threei}  I'd like to see one more last dive under 37
[09:43] {nemo} wussy me
[09:43] {magoo} RIG drop n2 1/2
[09:44] {nemo} see offer .10
[09:44] {strider} short FAST .92
[09:44] {Threei}  canceled
[09:45] {Threei} Long Setup:  HAL  28 break
[09:45] {dino} sm l lfc .65
[09:45] {Threei}  if stays above .90
[09:45] {strider} stop FAST .10
[09:48] {Threei}  HAL is two sided setup probably
[09:48] {nemo} spy about to hit 200 on 1 min
[09:51] {Threei}  wtching BP for dive under 37
[09:51] {magoo} aapl murdered
[09:51] {Threei}  shaking out hopeful longs before reversing for real
[09:51] {Threei}  US) Govt asks courts to set aside stay on original deep water drilling moratorium
[09:51] {Threei}  - Hornbeck (the originator of the case) giving two weeks to respond to govt request.
[09:51] {Threei}  - REMINDER: yesterday the Interior Dept announced a new, more refined drilling ban to replace the original moratorium
[09:52] {Threei}  US) Preview: IBD/TIPP Economic Optimism due out at 10:00ET
[09:52] {Threei}  **Consensus expectation: 45.5e v 46.2 prior
[09:52] {Threei}  BP jumped...
[09:52] {Threei}  HAL 1:1
[09:53] {Threei}  1 cent shy
[09:53] {Threei}  covered at .82, tough read here
[09:53] {magoo} ,might be good long here hal
[09:54] {Threei}  doesn't look inspiring to me
[09:54] {Threei}  on a long side I mean
[09:55] {Threei}  BP got away
[09:58] {nemo} oh, look at 15 minute Hal, at serious support
[09:59] {Threei}  over 1:1
[09:59] {Threei}  still don't like the idea of long on it
[09:59] {nemo} no
[09:59] {Threei}  AAPL Hovering near session lows as multiple tech blogs rehash necessity for Apple to conduct an iPhone 4 recall in efforts to repair tarnished product launch image (249.36, -7.93, -3.08%)
[10:00] {Threei}  atgh... why oh why am I so impatient
[10:00] {dino} itri hl l .93
[10:00] {Threei}  *(US) IBD/TIPP ECONOMIC OPTIMISM: 44.7 V 45.5E
[10:01] {magoo} nice bounce RIG, hal next?
[10:01] {Threei}  I doubt it
[10:01] {magoo} really, shit
[10:02] {nemo} in are you mags?
[10:02] {magoo} yea.74
[10:02] {jfjf64} ivn    wow
[10:02] {Threei}  just keep stop under .70
[10:02] {Threei}  it either works or doesn't
[10:02] {Threei} Long Setup:  LVS  .55 break
[10:02] {Threei}  if stays above .45
[10:03] {Threei}  same numbers, diffferent setup
[10:03] {Threei}  C&H on 1 min
[10:03] {nemo} big resistance area for LVS
[10:03] {magoo} only want .93 hal
[10:04] {magoo} tellin nemo
[10:04] {magoo} in lvs here
[10:04] {shorty} out HAL +.10
[10:04] {nemo} should get 28 maybe 28.10
[10:04] {magoo} out .93
[10:04] {magoo} ty boss
[10:04] {nemo} in lvs
[10:04] {nemo} figures
[10:05] {dino} itri to .20
[10:06] {dino} to .24
[10:06] {magoo} out lvs
[10:06] {magoo} -.02
[10:06] {magoo} looks lower here
[10:06] {dino} major slip out .17, +.24
[10:06] {nemo} yeah, big wall at .54
[10:07] {dino} lfc to .96
[10:07] {magoo} i went in aggressive, so out aggr
[10:07] {nemo} out lvs .49
[10:07] {dino} nemo, afam?
[10:07] {magoo} didnt trrigger off vad call
[10:08] {nemo} yeah, it did
[10:08] {nemo} I bought at the top as ususa
[10:08] {magoo} aapl was dowm 10 when i posted
[10:08] {Threei}  BP touched under 37 for a second and shot up 40 cents
[10:09] {Threei}  this thing gets away regularly
[10:09] {nemo} 25.50 area looks like Dino
[10:09] {dino} lfc to .05
[10:09] {magoo} yea...i like RIG for bounce BUT not here
[10:09] {dino} lol, waiting at .52
[10:09] {nemo} :)
[10:10] {nemo} hey mags...[10:03] {nemo} should get 28 maybe 28.10
[10:10] {dino} out afam slip to .04, +.39
[10:10] {strider} stop LVS
[10:11] {Threei}  no go LVS
[10:11] {magoo} u guys kill me if i told u my long exit on VVUS
[10:11] {dino} sm l .52 afam
[10:12] {nemo} that was quick
[10:12] {nemo} guess we shoulda' shorted ;)
[10:12] {dino} yeah, too quick i think
[10:13] {nemo} 109.55 was Pivot R3...probabilities are spy doesn't go much further today
[10:14] {Threei}  Reportedly EU bank stress tests include a 23% haircut on Greek sov debt held in trading books - unconfirmed report
[10:14] {Threei}  - Note: Last week reports circulated that banking stress test results may reportedly involve a haircut of 16-17% for Greece sovereign bonds
[10:15] {jfjf64} lvs  3i
[10:15] {dino} i could use a haircut
[10:15] {nemo} still have hair to cut dino?
[10:15] {Threei}  maerket is unclear here jf
[10:15] {dino} full head, going gray, but not losing asny
[10:15] {Threei}  LVS, as strong as charts look, needs market help
[10:15] {jfjf64} verry
[10:15] {shorty} coffee time
[10:16] {dino} dest
[10:16] {dino} thin
[10:17] {Threei}  I am conflicted somewhat on LVS
[10:17] {Threei}  I like charts, daily peromises big run too
[10:17] {Threei}  but I hate trying same thing over and over
[10:18] {Threei}  getting shaken out time and againb
[10:18] {Threei}  it shakes you out three times, you give up, then it goes, lol
[10:18] {magoo} im long rig 53 break, anyone else
[10:19] {dino} tighten afam to .43 stuck
[10:19] {nemo} whish I had known
[10:19] {strider} GS steady climber
[10:20] {magoo} [10:09] {magoo} yea...i like RIG for bounce BUT not here
[10:20] {Threei} Long Setup:  BIDU  .75 break
[10:20] {nemo} yeah, missed it
[10:20] {magoo} triggered fast, sorry
[10:20] {Threei}  too fast eh
[10:20] {nemo} yep
[10:20] {Threei}  here goes LVS
[10:20] {strider} LVS:)
[10:20] {Threei}  crap
[10:21] {Threei}  rinsed by 1 cent
[10:21] {shorty} out lvs....
[10:21] {jfjf64} i took it
[10:21] {nemo} kinda makes sense, look at the left side of the IH&S
[10:21] {Threei}  good job
[10:21] {Threei}  I missed it scalping BIDU
[10:21] {shorty} You did the work THreei, I clicled "buy"...ty
[10:22] {shorty} clicked
[10:22] {Threei}  welcome
[10:22] {Threei}  anyone caught BIDU?
[10:22] {nemo} nope
[10:22] {Threei}  look at daily LVS
[10:22] {magoo} missed it typing here
[10:22] {Threei}  see this full body breach, orca style?
[10:23] {Threei}  that was what attracted me to that long so much
[10:25] {Threei}  pullback to .50 - .55 zone will be entry point if happens
[10:25] {Threei}  let's see maybe we can get it in a conservative entry fashion
[10:25] {nemo} possible C&H on VMW forming?
[10:26] {Threei}  yuck
[10:26] {Threei}  spread is half of its range, lol
[10:26] {nemo} yeah, thin trade
[10:28] {magoo} god dammit, BIDu your best call and missed it
[10:29] {Threei}  yeah, sorry.. was late to alert by a few secs
[10:29] {nemo} shuld go to .80 and then possibly 74.40 area
[10:29] {hawk} VVUS .20 break interesting if it holds 12, wild one
[10:30] {nemo} biu heading for .80
[10:31] {Threei}  look at LVS tail right to .55
[10:31] {Threei}  I wish it was possible to catch
[10:33] {shorty} George Steinbrenner passed away, for you baseball fans.
[10:34] {nemo} we'll be celebrating in Boston
[10:35] {shorty} you think baseball needs a salary cap nemo?
[10:35] {nemo} He was actually a good guy...gave alot of money to a  Red Sox based cancer charity for children
[10:35] {nemo} yes...but...it becomes welfare for the poorer clubs unless there is a spending minimum
[10:36] {shorty} I guess that it would get somewhat complicated.
[10:36] {nemo} Oh...when the Sox came back from 0-3 to beat them in 2004, he made all the stadium workers stay and left the lights on so the Sox could celebrate as long as they wanted.  He said, "after that series they deserved it."
[10:36] {jfjf64} uaua   c/h
[10:36] {jfjf64} you  lk 3i
[10:37] {nemo} look for spy bounce around .15
[10:37] {shorty} That is cool.....I would hate to be that worker though.
[10:37] {Threei}  not really jf
[10:37] {Threei}  very random
[10:37] {jfjf64} ty
[10:37] {nemo} GIG
[10:40] {dino} amed sm l .50 wide
[10:44] {magoo} aapl low again
[10:44] {magoo} -10.50
[10:44] {nemo} that antenna really causing problems sheesh
[10:46] {jfjf64} look   ivn
[10:46] {jfjf64} drop
[10:46] {jfjf64} find  support
[10:46] {jfjf64} consilidate
[10:46] {jfjf64} bammmmmmmmmmmm
[10:47] {jfjf64} missed it
[10:47] {Threei}  Fed's Rosengren: Deflation is a bigger risk than inflation
[10:47] {Threei}  figured it out, eh?
[10:48] {Threei}  more Fed asset purchases are an option
[10:48] {Threei}  yeah.. get ready for QE, part II
[10:48] {Threei}  they just can't stop tweaking and interfering
[10:49] {Threei}  then natural order takes over finaly and they'll face runaway inflation
[10:49] {Threei}  or, to be more precise, it's us who will face it
[10:49] {dino} afam stopped -.04
[10:53] {dino} sm s dest .25
[10:56] {Threei}  action slowed down but somehow I don't have a feeling that market has died for the day
[10:56] {Threei}  not pushing but not falling in my customary coma either
[10:57] {Threei}  for late arrivals: http://photography.realitytrader.com/2010/07/whales-and-other-mostly-swimming-things.html
[10:59] {Threei}  VVUS Rodman & Renshaw, Inc. reiterates Market Perform rating, price target $11 (12.18, +1.53, 14.37%)
[10:59] {Threei}  in a few days VVUS drug will be judged by FDA panel
[10:59] {Threei}  why risk taking position or expressing opinion now
[10:59] {Threei}  shrug
[11:01] {_khaln} whales not jumping swimming?
[11:02] {Threei}  there was not much fish around,
[11:02] {Threei}  they tend to jump out of the water when chase fish
[11:02] {_khaln} i see, nice photos,thx
[11:02] {Threei}  that's when yoyu get a chance for that spectacular shor of full body breach
[11:03] {dino} bubble netting
[11:03] {Threei}  ELN Hearing vague chatter company could be in pursuit of strategic alternatives (5.17, +0.17, 3.40%)
[11:05] {nemo} dino...afam...looks like next possible level is between here and 25.55
[11:06] {dino} was feeling 25s for strike purposes
[11:06] {nemo} bidu broke .30
[11:09] {jfjf64} look  lvs
[11:09] {jfjf64} .75
[11:09] {jfjf64} im  sleepin
[11:10] {magoo} bidu feels over 75
[11:10] {nemo} probably 76 today
[11:12] {Threei}  British Petroleum plc Coast Guard: BP should be able to contain flow of well by mid July regardless of well tests
[11:12] {Threei}  - Reminder: Stability tests are being conducted on the well today
[11:22] {magoo} .
[11:24] {dino} afam l .98
[11:26] {dino} stop is .91
[11:26] {jfjf64} 3i   lvs  break out
[11:26] {jfjf64} .93
[11:26] {nemo} wow...good thing I'm sitting down
[11:27] {Threei}  ?
[11:27] {dino} stopped
[11:27] {nemo} dino with a .07 stop...thought I was having Dt's...that reminds me
[11:28] {Threei}  oh
[11:28] {Threei}  probably jf... looks like it's establishing slooow climb pattern
[11:28] {Threei}  .80 break I liked more
[11:28] {Threei}  and it pulled back perfectly into new support
[11:28] {Threei}  unfortunately it came into .80 with this sharp vertical move
[11:29] {Threei}  hate to buy such breaks
[11:29] {jfjf64} i know
[11:29] {dino} nemo, i know
[11:33] {nemo} afam rinse
[11:34] {Threei}  FAS, let's see if we get pullback to new support
[11:34] {Threei}  that's how today's climb seems to be structured
[11:35] {dino} yeah
[11:35] {Threei}  break, some uoward move, then rfeturn to new support, bounce from it and new high
[11:35] {magoo} of 4 we play in oils. (hal, rig, apc, bp) rig only one red now
[11:35] {Threei}  support for FAS is around .35- .40 now
[11:37] {dino} out amed .92 +.42
[11:38] {jfjf64} wtg
[11:39] {jfjf64} lvs drop
[11:40] {Threei}  just frikin 5 cents back and forth
[11:40] {Threei}  better now
[11:40] {dino} ty jf
[11:40] {strider} BP drop
[11:41] {shorty} just covered BP, droped fast
[11:41] {shorty} was going to call it...sorry
[11:44] {Threei}  US) Reportedly Senator Nelson (D-NE) says he will support the FinReg bill
[11:44] {Threei}  - Comes after Republican Senators Snowe and Collins said yesterday they would support the FinReg bill. Earlier today it was reported a vote could come on Thursday.
[11:44] {Threei}  no news BP
[11:46] {shorty} urgh......covered too soon
[11:46] {Threei}  sells like thwre is something
[11:46] {Threei}  news wise
[11:47] {nemo} maybe the cap popped off
[11:47] {Threei} Long Setup:  BP  .75 break
[11:47] {Threei}  if honding .65
[11:47] {Threei}  invalidated
[11:48] {nemo} look for .45 bounce
[11:48] {nemo} maybe 50 was it
[11:48] {nemo} yep
[11:49] {Threei}  .70 break, half lot if holdong .60
[11:49] {nemo} .40 is pivot
[11:49] {Threei}  invalidated
[11:51] {Threei}  still no news
[11:51] {nemo} she's gonna' go for awhile
[11:51] {nemo} holding .30 so far
[11:51] {nemo} oh well
[11:51] {strider} oil well
[11:51] {dino} afam l .26
[11:57] {Threei}  market comes into important support
[11:57] {Threei}  so does FAS
[11:57] {nemo} spy hanging on to the 50 on the 1 min.
[11:59] {Threei} Long Setup:  FAS  .38 if stays above .33
[11:59] {nemo} range scalp?
[12:00] {Threei}  most likely, yeah
[12:00] {nemo} so...ese shares ;)
[12:00] {nemo} bp forming a range so far, but alas 'tis lunch
[12:02] {shorty} out FAS ty
[12:03] {Threei}  FAS 1:1
[12:03] {strider} out +.06
[12:04] {Threei}  [11:35] {Threei} support for FAS is around .35- .40 now
[12:04] {Threei}  that plan worked but sheesh, fighting for 5-7 cents scalps
[12:05] {strider} LVS?
[12:06] {Threei}  too narrow...
[12:07] {shorty} d/b BP Threei?
[12:07] {Threei}  foesn't look like going to hold
[12:07] {shorty} hmmm...not realy
[12:07] {Threei}  BP Hearing recent weakness attributed to speculating that the testing of the well may have shown pressure could be too large to be capped (36.22, -0.54, -1.47%)
[12:08] {Threei}  hmmm
[12:08] {Threei}  sounds like bs
[12:08] {Threei}  speculating?
[12:08] {Threei}  holding
[12:08] {Threei}  nope
[12:08] {dino} thats one hell of a well
[12:09] {dino} afam to .47
[12:10] {Threei}  36 break long if you are adventurous
[12:11] {Threei}  lol, brike while I was typing
[12:11] {Threei}  broke
[12:11] {jfjf64} comon
[12:11] {Threei}  stop would have been .85
[12:11] {Threei}  what?
[12:11] {jfjf64} type  with  ya  toes
[12:11] {Threei}  ah
[12:12] {jfjf64} lol
[12:12] {Threei}  barely reached 1:1, after such drop
[12:12] {Threei}  maybe goes for second chance
[12:12] {Threei}  yeah
[12:12] {Threei}  scary as hell, discretionary
[12:13] {Threei}  if tsaking it keep that .85
[12:13] {Threei}  not a scalp this time
[12:13] {Threei}  if works, should be capable of more
[12:14] {Threei}  1:1
[12:14] {magoo} thinking 40 atrwea
[12:14] {dino} out afam .47+.21
[12:14] {Threei}  same here
[12:15] {Threei}  1:2
[12:15] {gregns} thks dino out afam .41 +.16
[12:16] {Threei}  partialing mags?
[12:16] {dino} gj greg
[12:16] {gregns} ty to you
[12:16] {magoo} yup
[12:16] {dino} amed been bouncing around .50 goes to .90
[12:17] {magoo} tgoojk nsome .31's
[12:17] {Threei}  wow
[12:17] {Threei}  and someone thinks MY typing is bad??
[12:17] {gregns} lol
[12:18] {magoo} worse yet, u understood it correct? roflol
[12:18] {Threei}  heck, mags types like orca would with its dorsal fin
[12:18] {Threei}  that's the scary part, yeah, lol
[12:19] {Threei}  guess who is on TV
[12:20] {magoo} bette davis?
[12:20] {nemo} Lindsay Lohan in prison garb?
[12:20] {magoo} lol
[12:21] {nemo} when's bidu gonna break .50 here
[12:21] {hawk} Bette Middler?                                                                                                                                                                                                                                                                                                                      
[12:21] {nemo} wow
[12:21] {magoo} paris hilton denying release of second oporno vid?
[12:21] {Threei}  (US) President Obama: Calls on the Senate to act quickly to pass final version of FinReg (related XLF )
[12:21] {magoo} RIG vad...
[12:22] {magoo} somewhere
[12:23] {magoo} am i here?
[12:23] {nemo} ahh shit...here we go with the existentialist hour again
[12:24] {nemo} strider should pipe up any moment
[12:24] {dino} paris has a second video
06[12:24] * strider slaps nemo around a bit with a large copy of Waiting for Godot
[12:24] {nemo} she relaxed those peristolic muscles yet?
[12:26] {dino} amed l .40 stop .24
06[12:27] * nemo slaps strider around a bit with a large copy of Zen and the Art of Motorcycle Maintenance
06[12:27] * nemo slaps strider around a bit with a large copy of Lila
06[12:27] * nemo slaps strider around a bit with a large copy of The Unbearable Lightness of Being
[12:27] {Threei}  sheesh
[12:27] {nemo} wanted to get some straight literature in there
[12:28] {Threei}  what's next, Withc Hammer?
[12:28] {nemo} nah...Die Verwandlung
[12:28] {Threei}  or Cat's Craddle
[12:29] {strider} drivel.
[12:29] {Threei}  new budget czar looks pretty much like previous one
[12:29] {dino} meet the new boss, same as the old boss
[12:29] {Threei}  yeah.. I guess appearance is one of requirements, lol
[12:30] {dino} tell you what i'm sick of, this czar crap
[12:30] {Threei}  ARNA Hearing Piper making positive comments; Reiterates Overweight rating, price target $10 (timing uncertain) (4.19, +0.40, 10.55%)
[12:36] {dino} amed stopped -.16
[12:37] {hawk} POT
[12:37] {nemo} dinoo...picked up a Martin "Auditorium" yesterday
[12:37] {nemo} rig recross .30?
[12:38] {strider} really?
[12:38] {strider} is that an archtop?
[12:38] {nemo} yeah
[12:38] {strider} what year?
[12:38] {nemo} friend of mine had it for 20 years, never plays it
[12:38] {nemo} not sure, gonna' contact them with the serial number
[12:39] {strider} I think you can get it from their website.
[12:39] {nemo} I can just sit there and listen to a note all night
[12:39] {shorty} nemo, will your friend be willing to sell it?
[12:39] {dino} amed rinsed
[12:40] {strider} got an HD-28, 1985
[12:40] {nemo} dino has a d-40
[12:40] {shorty} I use to work in a recording studio, only recorded on guy with a Martin guitar.  It was from the 50's
[12:41] {strider} VIVO halted
[12:41] {dino} nemo, i don't know what any of that is
[12:41] {Threei}  ortugal Telecom S.A. Reportedly board to meet on Thursday to discuss TEF bid for Vivo
[12:41] {Threei}  - The TEF offer for Vivo expires Friday
[12:41] {strider} Gibson J45, 1961 also.
[12:42] {nemo} it's a '94 so guess he only had it 16 years
[12:42] {nemo} oohh...a j45
[12:42] {nemo} you have a dreadnought right dino?
[12:43] {dino} no, no guitars
[12:43] {dino} ese most likely
[12:43] {nemo} oy...mmmhhh....need to check my meds
[12:43] {hawk} i do nemo
[12:43] {dino} amed .50
[12:43] {dino} l
[12:43] {nemo} a dreadnought
[12:43] {nemo} hawk
[12:43] {hawk} yep
[12:44] {nemo} yum
[12:44] {dino} amed to .69
[12:44] {dino} out +.19
[12:45] {hawk} speaking of yum, lunchtime, brb
[12:45] {dino} yum releases at close, est .54
[12:45] {nemo} nice dino
[12:46] {Threei}  VIVO Meridian Bioscience Inc Receives FDA Clearance for New illumigene Molecular Platform
[12:47] {dino} ty
[12:51] {dino} hitk?
[12:52] {nemo} mmmhhhh rig short?
[12:53] {Threei}  not sure
[12:53] {nemo} two way
[12:53] {Threei}  and both seems to be destined for rinsing :)
[12:54] {nemo} actually there's support at .10
[12:55] {nemo} long it was
[12:55] {nemo} 200 is at .80 right now...it probably moves to the 200 or at least to that resistance i teh .60 area
[12:56] {nemo} in the
[12:58] {nemo} think pullback to .30 area good idea RIG?
[12:58] {dino} afam stopped -.20
[13:01] {shorty} Cya tomorrow guys, had a good day today.  Hope the same for you guys.
[13:01] {Threei}  take care shorty
[13:02] {Threei}  *(US) TREASURY'S $21B 10-YEAR NOTE REOPENING DRAWS 3.119%; BID-TO-COVER RATIO: 3.09 V 3.24 PRIOR AND 3.12 OVER THE LAST 7
[13:05] {jfjf64} lvs   break  3i
[13:05] {Threei}  not taking this
[13:12] {strider} short BP .98
[13:13] {Threei}  let's see if we get LVS bounce closer to 24 for short
[13:19] {jfjf64} bounce  here
[13:19] {nemo} in tna .01
[13:20] {strider} short or long?
[13:20] {nemo} long
[13:20] {nemo} might be a tad premature
[13:21] {strider} stop BP .18
[13:21] {nemo} stopped tna .89
[13:23] {nemo} rinsed by .01
[13:23] {strider} stopped BP
[13:23] {strider}  geez
[13:23] {nemo} what?
[13:38] {Threei} Short Setup: LVS  .85 break if stays under .90
[13:38] {Threei}  lunch boredom trade
[13:39] {Threei}  nope
[13:52] {dino} v drop, after gap at .15ish
[14:00] {jfjf64} lvs  3i
[14:00] {jfjf64} .93
[14:01] {Threei}  IMO, just a rwecipe for a rinse
[14:01] {Threei}  recipe
[14:03] {dino} elmer fudd
[14:03] {nemo} ?
[14:04] {strider} short elmer
[14:04] {dino} wecipe
[14:04] {Threei}  wabbit
[14:04] {strider} yeah, and those dastardwy wabbits
[14:05] {nemo} When I was living in Germany, the voice they dubbed bugs bunny with sounded like he played for the other team
[14:05] {nemo} What really cracked me up was hearing Captain Kirk and Mr. Spock speaking Italian in Italy
[14:06] {dino} lol
[14:06] {nemo} certain things should not exist in this world
[14:08] {dino} afam l .20
[14:08] {nemo} now THATS the dino we know and love
[14:08] {nemo} another rorschach test
[14:09] {dino} ekg
[14:09] {nemo} ink dots then
[14:09] {nemo} ekg's are solid lines
[14:09] {nemo} mine is perfectly flat....
[14:09] {nemo} ....oh no, that's my brainwave test
[14:09] {dino} .20 range
[14:15] {dino} cvlt l .52
[14:16] {magoo} rig log hree
[14:16] {nemo} ?
[14:16] {magoo} long here
[14:16] {magoo} .95
[14:16] {nemo} ahhh
[14:17] {magoo} hard 4 me to type ..i got thiongs ocvin
[14:17] {magoo} movin
[14:17] {magoo} sigh
[14:17] {Threei}  I too have troubles when thiongs ocvin
[14:17] {magoo} roflol
[14:18] {nemo} you have trouble when nothing is happening
[14:18] {magoo} that was bad, when trying to justify poor typing
[14:19] {magoo} like bp here too .80 area long
[14:20] {magoo} and APC also
[14:24] {jfjf64} ya sleepin 3i
[14:24] {magoo} all bets r off if mkts fall
[14:25] {magoo} like APC most
[14:25] {magoo} BP least
[14:25] {magoo} and RIG is just right
[14:25] {nemo} bounced at the 50 to the 200...theyre only .08 apart on the 1 min and the .50 on the 5 minute is the same
06[14:25] * magoo slaps nemo around a bit with a large trout
06[14:26] * nemo slaps magoo around a bit with a large sturgeon
[14:26] {magoo} apc .40 area, rig .30 area
[14:26] {magoo} bp.97
[14:27] {dino} cvlt to .64
[14:27] {Threei}  I wish jf
[14:28] {Threei}  (US) JUNE MONTHLY BUDGET STATEMENT: -$68.4B V -$69.4BE (21ST STRAIGHT MONTH OF BUDGET T MONTH OF BUDGET DEFICITS)
[14:28] {Threei}  - Total Receipts: $251.05B v $215.3B y/y (+16%)
[14:28] {Threei}  - Total Spending: $319.4B v $309.7B y/y (+3%)
[14:28] {dino} to .69
[14:28] {jfjf64} lol
[14:28] {dino} out slip, cvlt .68, +.16
[14:28] {Threei}  not only things move randomly, they start moving with no regard to market
[14:28] {Threei}  look at LVS and SPY
[14:29] {jfjf64} yup
[14:29] {Threei}  when did we see them moving against each other?
[14:29] {jfjf64} whats  that  mean
[14:29] {jfjf64} we  doomed
[14:29] {Threei}  no idea
[14:29] {Threei}  well, we are of course
[14:29] {jfjf64} lol
[14:29] {nemo} nothing other than correlations are off
[14:29] {jfjf64} ty  nemo
[14:30] {Threei}  I mean, in a long run rate of survival is zero for each and every of us
[14:30] {nemo} not for the soul ;)
[14:30] {magoo} out bp.997
[14:30] {magoo} .97
[14:30] {nemo} although, in Les' case...
[14:30] {magoo} one down
[14:30] {Threei}  only for those who got it nemo
[14:30] {nemo} that was my point about Les
06[14:30] * strider slaps nemo around a bit with a large shoe sole.
[14:30] {Threei}  I amtrying to remember what it was I sold mine for
06[14:30] * magoo slaps nemo around a bit with a large trout
06[14:31] * nemo slaps magoo around a bit with a large coelacanth
[14:31] {magoo} anyone runnin w/magoo?
[14:31] {nemo} nope
[14:31] {nemo} although, woulda' been a good idea
[14:32] {magoo} f'yas then:)
[14:32] {nemo} you give reacharounds?
[14:32] {dino} :O
[14:32] {nemo} I can hear the drill seargeant in Full Metal Jacket
[14:33] {dino} afam to .26
[14:33] {jfjf64} great  movie
[14:33] {nemo} yep
[14:33] {magoo} had to hire a secretary to post all these calls
[14:33] {magoo} no one even takes
[14:34] {nemo} what, bp and rig?  two
[14:34] {magoo} and APC
[14:34] {nemo} ahh...sorry, don't have that on the list
[14:34] {magoo} [14:26] {magoo} apc .40 area, rig .30 area
[14:34] {magoo} [14:26] {magoo} bp.97
[14:35] {dino} afam to .34
[14:35] {jfjf64} outta  here
[14:35] {nemo} c ya
[14:35] {jfjf64} see ya all
[14:35] {dino} cya jf
[14:35] {magoo} bye jf
[14:35] {Threei}  take care jf
[14:35] {strider} MOS,dino?
[14:36] {jfjf64} waiste of day
[14:36] {strider} late
[14:36] {magoo} ok, out RIG now .27
[14:36] {magoo} 2 gone
[14:36] {Threei}  (US) US Senator Reid (D-NV) : Hoping energy plan to be introduced in the Senate in about two weeks time
[14:36] {Threei}  great
[14:36] {Threei}  just what we need
[14:36] {dino} out afam .38, +.18
[14:37] {dino} mos dk, bad news
[14:37] {magoo} btw, nemo was telling me his all time fav movie..............
[14:37] {Threei}  Says focus will likely be on reduction of carbon pollution in utility sector.
[14:38] {magoo} lil hint, its a western
[14:38] {dino} tombstone
[14:38] {nemo} Behind the Green Door
[14:38] {magoo} brokeback mountain lol
[14:38] {dino} lol
[14:39] {nemo} I think Magoo has some subconscious issues he needs to work out
[14:39] {Threei}  I seriously don't want to know
[14:42] {strider} di
[14:43] {strider} sorry, wrong keyboard
[14:43] {nemo} ?
[14:45] {strider} CAT formin h&s
[14:46] {Threei}  (US) SEnator Baucus: Planning for Senate to extend the tax cuts for middle class before they expire at the end of 2010
[14:49] {Threei}  Still in discussions with regards to dividend tax rates and upper income levels
[14:51] {magoo} alrighty, APC .47
[14:51] {magoo} 3 for 3
[14:52] {magoo} +.17, +.23.+.47.
[14:52] {magoo} do i get a free month vad for helpin out?
[14:53] {Threei}  free from what?
[14:54] {magoo} making calls
[14:54] {magoo} helpin u out
[14:54] {strider} no.  You're on commission, magoo.
[15:02] {nemo} looks like we're going to get a run here
[15:03] {Threei}  (US) Fed's Hoenig: A double dip recession is unlikely; unemployment picture is improving; affirms Fed should raise rates to 1% and hold
[15:03] {Threei}  - Additional purchases of assets would have limited effect in certain industries and create problems down the road
[15:03] {Threei}  LVS is irritating for me today
[15:03] {Threei}  had strong feeling that this thing prepared for a strong move
[15:03] {Threei}  and haven;'t found the way to utilize it
[15:05] {Threei}  [10:17] {Threei} I am conflicted somewhat on LVS
[15:05] {Threei}  [10:17] {Threei} I like charts, daily peromises big run too
[15:05] {Threei}  [10:17] {Threei} but I hate trying same thing over and over
[15:05] {Threei}  [10:18] {Threei} getting shaken out time and againb
[15:05] {Threei}  [10:18] {Threei} it shakes you out three times, you give up, then it goes, lol
[15:07] {dino} take it off your screen
[15:08] {Threei}  I elect to cover it with porn
[15:09] {lasertrev} Master Vader is back from the dark side
[15:09] {nemo} more like back to...
[15:10] {lasertrev} :)
[15:15] {magoo} bidu nears hgigh
[15:15] {nemo} yep
[15:19] {magoo} BP goinfg
[15:20] {magoo} apc now
[15:21] {dptl} have a good evening all
[15:21] {dino} cvlt l .51
[15:22] {Threei}  take care dp
[15:25] {dino} cya dp
[15:29] {strider} BP CC for technical briefing at 3:30
[15:38] {strider} see y'all tomorrow.   Another thunderstorm here.
[15:39] {Threei}  take care strider
[15:42] {magoo} raining here too
[15:42] {dino} cvlt stopped -.12
[15:42] {dino} cya strider
[15:45] {Threei}  BP Updates containment operations; pressure testing is due within the next few hours (36.90, +0.14, 0.38%)
[15:47] {dino} cvlt l .15
[15:47] {nemo} they're gonna' run this into the close
[15:50] {Threei}  or not
[15:50] {Threei}  Toyota Motor Corp Initial investigation from the US Transportation Department found that the sudden acceleration complaints may just be driver error - WSJ
[15:50] {Threei}  - National Highway Traffic Safety Administration studied data recorders in vehicles whose owners complained of sudden acceleration and found the throttles were wide open and brakes weren't applied
[15:50] {Threei}  - Note: This would completely disarm the plaintiff's argument that there is a throttle mechanism issue that causes the cars to surge into uncontrolled acceleration
[15:55] {Threei}  as usually, big gap up day is fairly useless for me
[15:56] {Threei}  thank you all, havce a good evening
[15:56] {Threei}  see you tomorrow
[15:56] {magoo} should be some great short plays coming
[15:56] {Threei}  I'll be happy when it happens
[15:56] {magoo} up 800 points in 6 days
[15:57] {Threei}  coming into resistance
[15:57] {dino} out cvlt .36, +.21
[15:57] {Threei}  if we are lucky, it will overshoot it a bit,
[15:58] {Threei}  in last shakeout of premnature shorters
[15:58] {Threei}  then drop like a stone
[15:58] {nemo} op ex week, but if earnings and guidance good, this could go awhile
[15:58] {Threei}  then we will be unlucky,
[15:58] {nemo} we're in max pain territory right now
[15:58] {Threei}  it will be very hard to find plays if this slow crawl up continues
[15:58] {magoo} mkts been very 1 directional
[15:58] {magoo} as in 12 days red, now 6 days green
[15:58] {Threei}  but what else is new, summer are usually like this
[15:58] {Threei}  we had couple more active summers,
[15:58] {Threei}  got spoiled I guess
[15:59] {Threei}  Summertime,
[15:59] {Threei}  And the livin' is easy
[15:59] {Threei}  Fish are jumpin'
[15:59] {Threei}  And the cotton is high
[15:59] {Threei}  :)
[16:00] {Threei}  see you all tomorrow
[16:00] {magoo} ok, ty

Jul 12 2010

Not very active but 100% winning day with no stops. BP behaved the best for us on both long and short side. Chart is for the long play - consolidation after the pullback, break of resistance starts nice bounce. Due to lunch time we played it for 1:2 but it yielded much bigger move (providing us with nice short later on)

Session Start: Mon Jul 12 00:32:29 2010

[08:28] {hawk} good morning
[08:29] {Threei}  good morning
[08:30] {hawk} Hey Vad :)
[08:30] {Threei}  :)
[08:58] {dino} gm all
[08:58] {nemo} yet to be determined
[08:58] {dino} lol
[08:58] {Threei}  dino, nemo :)
[08:59] {hawk} nemo, dino :)
[08:59] {nemo} raptor
[09:03] {magoo} morning
[09:05] {magoo} helo?l
[09:05] {magoo} sigh
[09:05] {magoo} hello?
[09:05] {hawk} mags :)
[09:05] {magoo} hi hawk
[09:05] {nemo} mags
[09:06] {magoo} cap'n
[09:06] {Threei}  oops... I forgot to take magoo of ignore
[09:06] {Threei}  hi mags
[09:06] {magoo} lol
[09:06] {Threei}  I just do it for the weekend, you know
[09:06] {Threei}  for the sheer pleasure of it
[09:08] {dptl} morning
[09:08] {Threei}  dp :)
[09:13] {Threei}  BP looks strong
[09:15] {nemo} acquisition target
[09:15] {shorty} good morning
[09:16] {Threei}  shorty :)
[09:16] {Threei}  wwelcome back
[09:17] {shorty} thank you
[09:18] {nemo} shorty, it'll be a great week...no Les
[09:18] {shorty} lol
06[09:18] * magoo slaps shorty around a bit with a large trout
[09:18] {shorty} It felt different this morning for some reason.
[09:19] {shorty} how was it last week?
[09:19] {nemo} yeah, it's like that rash that went away, but you've had it so long, you didn't notice
[09:20] {nemo} bp going vertical
[09:20] {dino} options exp fri, watch the 0s and 5s imo
[09:21] {_khaln} gm
[09:21] {lasertrev} morning
[09:22] {Threei}  khaln, trev :)
[09:23] {larisa} gm :)
[09:23] {Threei}  larisa :)
[09:23] {larisa} vad :)
[09:23] {nemo} dcc Dino
[09:24] {jfjf64} mornin
[09:25] {nemo} bp running again
[09:25] {Threei}  jf :)
[09:26] {strider} morning all.
[09:26] {Threei}  strider :)
[09:26] {Threei}  MAGS Magal Security Systems (USA) Receives a Letter of Support From its Principal Shareholder
[09:26] {Threei}  hmmm
[09:26] {Threei}  magoo, what is it you are not telling us
[09:29] {shorty} I wonder if ese is still partying after Spain won?
[09:29] {Threei}  for a week, yes
[09:29] {Threei}  in Whistler
[09:32] {Threei} Long Setup:  LVS  .30 break
[09:32] {Threei}  invalidated
[09:32] {Threei}  but on radar still
[09:33] {nemo} damn, was thinking .25 break
[09:33] {Threei}  ugh... jumped
[09:33] {Threei}  yeah, me too
[09:34] {Threei}  but it wasn't a break, it was teleportation
[09:34] {strider} BP selloff
[09:34] {nemo} it closed above the morning low, woulda' been .10 stop
[09:34] {nemo} that previous candle
[09:35] {Threei}  BP, let's let it frop under .40
[09:35] {magoo} i caught it, out dime
[09:35] {magoo}  .46
[09:35] {strider} frop away, BP!
[09:35] {Threei}  formally, .50 break is setup, but it fails this kind more often than works
[09:36] {Threei}  I'd prefer to look for entery on hard shakeout
[09:36] {Threei}  most likely under .30
[09:36] {nemo} VMW
[09:37] {Threei}  LVS, dive under .30 gets us interested again
[09:37] {Threei}  BP got away
[09:38] {magoo} BP prob goes 37 today
[09:39] {Threei}  LVS under .30, double bottom on recross if holding .20
[09:40] {Threei}  1:1
[09:40] {nemo} I think fcx bottoms .15-.20 area
[09:41] {Threei}  BP starts looking like momo candidate
[09:41] {Threei}  let's hunt for pullback entry
[09:41] {Threei}  around .60 - .70 most likely
[09:41] {nemo} nope on fcx
[09:42] {dino} lfc?
[09:42] {nemo} crissakes vmw
[09:42] {magoo} APC launched
[09:42] {Threei}  LVS 1:2
[09:42] {Threei}  no news that I see on LFC
[09:43] {strider} thks vad, LVS
[09:43] {Threei}  :)
[09:43] {Threei}  come on BP, let us in
[09:43] {nemo} looks like fcx is building a base around .20 with a low of .08
[09:43] {magoo} no kidding
[09:44] {magoo} BP i mean
[09:44] {Threei}  ok, it's trying to shake out late entries now
[09:44] {magoo} FCX looks like another leg down
[09:44] {magoo} 63.70
[09:44] {nemo} bp should see resistance here, look for a break above .03 possibly
[09:44] {Threei}  yeah, not delighted by FCX
[09:44] {nemo} if it loses support goes to .88 area
[09:45] {Threei}  materials are interestingly weak
[09:45] {Threei}  FCX, X, AA
[09:46] {nemo} they whacked it out of the park last week...$ is stronger
[09:46] {Threei}  one more sharp dive please, BP
[09:46] {dino} kss hl l .75
[09:46] {Threei}  36 break is valida play on BP, just remember what momo is
[09:47] {Threei}  risk is much higher than normal trades
[09:47] {Threei}  smaller shares, wider stop
[09:47] {nemo} fcx held
[09:47] {Threei}  technicals mean less, momentum is the name of the game
[09:47] {Threei}  ideally, it drops to about .70 before it becomes technical entry
[09:48] {Threei}  but if holding .85 and breaks 26, can try for momo
[09:48] {nemo} breaks "26"
[09:48] {Threei}  36
[09:49] {magoo} id like see bp .50 area
[09:49] {dino} lfc sm l break of .50
[09:49] {magoo} and hold
[09:49] {Threei}  ok, elimination of chasers takes place, good
[09:49] {Threei}  that's exactly why you never chase momo
[09:49] {nemo} only shots?
[09:49] {magoo} fcx dive coming
[09:49] {Threei}  it's brutal when you are late
[09:50] {nemo} yeah, had that experience
[09:50] {nemo} can't get enough vaseline
[09:50] {Threei}  and it adds insult to injury by eventually coming back and climbing ever higher after destroying you
[09:51] {Threei}  .80 break is first try
[09:51] {Threei}  stop under .70
[09:52] {magoo} jpm good sh if futes fail
[09:53] {magoo} apc bouncer vad?
[09:54] {Threei}  yes, but thin one
[09:54] {Threei}  smaller shares
[09:54] {Threei}  .40 break
[09:54] {Threei}  BP half lot if triggers
[09:54] {Threei}  maybe 3/4
[09:55] {Threei}  calmed down a little, easier to control risk
[09:57] {Threei}  APC 1:1
[09:57] {Threei}  Presidential Oil Spill Commission co-Chair Bob Graham: commission will study whether the BP well was an outlier (related BP USO OIH )
[09:58] {magoo} GS spikes
[09:58] {Threei}  yeah, looking at FAS
[09:58] {nemo} bp break .75?
[09:59] {nemo} big offer
[09:59] {nemo} hold .65 of course
[09:59] {Threei}  it's a valid trigger although I'd really prefer one more final selloff,
[09:59] {Threei}  killing hopeful longs ultimately,
[09:59] {nemo} .65 was open
[09:59] {Threei}  so early momo chasers totally give up
[10:00] {nemo} and just above .50
[10:00] {Threei}  with this entry, just be ready for multiple tries
[10:02] {nemo} took half at .84
[10:02] {Threei}  (GR) Greece Fin Min: 1H 2010 deficit at 9.64B; -46% y/y (related NBG EUR/GBP EUR/USD EUR/JPY EUR/CHF )
[10:03] {Threei}  US) Fed Chairman Bernanke: Ensuring small businesses' access to credit is a key part of the economic recovery
[10:03] {Threei}  - Notes that some small companies are being denied loans.
[10:03] {Threei}  - Must ensure that borrowers with good credit are able to continue borrowing.
[10:04] {nemo} stop to 70
[10:04] {dino} clf sm l .02
[10:04] {nemo} .70
[10:05] {Threei}  (UK) UK Fin Min: In support of naming certain EU nations who have broken deficit rules (related NBG EWP EUR/GBP EUR/USD EWI )
[10:06] {nemo} big offer .83 bp
[10:06] {dino} clf stopped -.26
[10:06] {nemo} new valid trigger
[10:06] {Threei}  1:1
[10:06] {dino} kss stopped -.26
[10:08] {dino} lol, on uk finance min., just like they are afraid to say north korea on ship sinking
[10:09] {Threei}  I for one always support aming idiots idiots
[10:09] {Threei}  naming
[10:10] {nemo} 1/4 more
[10:11] {nemo} stop now .80
[10:11] {Threei}  looking at LVS again but not in a rush to get in
[10:11] {shorty} out bp .90
[10:12] {shorty} ty Threei
[10:13] {Threei}  LVS, loss .20 is most probably next step
[10:17] {Threei}  FCX starts looking like another breakdown coming
[10:17] {Threei}  .75 break, half lot
[10:18] {Threei}  invalidated
[10:18] {dino} whr sm l .95
[10:20] {Threei} Long Setup:  X  .50 break
[10:20] {Threei}  half lot
[10:20] {Threei}  if stays bove .40
[10:23] {Threei}  LVS swan dive
[10:23] {Threei}  X invalidated
[10:25] {dino} whr stopped
[10:26] {nemo} waiting .05 last bp
[10:26] {shorty} good patience nemo.
[10:26] {nemo} never hit stops
[10:26] {nemo} and my stops tighter than Vad's
[10:26] {nemo} I think
[10:27] {magoo} thats more like a long trigger
[10:27] {nemo} yeah, thinking about that too
[10:27] {shorty} I know, I was thinking of going back in at .81-.85
[10:27] {nemo} debating
[10:27] {jfjf64} bp  gettin  ready  to  launch
[10:27] {magoo} yea imo
[10:27] {nemo} I stayed
[10:27] {magoo} thinking .40 area, breathe..
[10:27] {nemo} it was strong when market weak
[10:28] {shorty} I took 1:1 on it.  It's all good.
[10:28] {magoo} yea
[10:28] {nemo} some is better
[10:28] {strider} long X .31
[10:28] {magoo} bird in bush thing
[10:28] {strider} stop .20
[10:28] {magoo} apc interesting vad
[10:28] {nemo} rimm bounce Vad
[10:29] {nemo} ?
[10:29] {Threei}  market looks down, mags
[10:29] {Threei}  goes for RIMM too
[10:29] {nemo} spy bounces .65
[10:30] {shorty} WFC Threei?
[10:30] {strider} out 1/2 X .39
[10:30] {nemo} stop for last bp .90
[10:30] {Threei}  WFC is not a play either way, too narrow today
[10:30] {shorty} thanks
[10:32] {strider} X stop  to .25
[10:35] {strider} X stop to b/e
[10:36] {Threei} Short Setup: BP  36 break
[10:36] {magoo} nah
[10:36] {Threei}  .15 is invalidation
[10:36] {nemo} market headed up
[10:36] {strider} 1/4 X .49
[10:37] {magoo} risk is BP may squeeze vad imo
[10:37] {dino} clf l .45
[10:37] {strider} sstop X to .48
[10:38] {strider} to .50
[10:39] {strider} out .49
[10:39] {Threei}  wtg
[10:39] {nemo} another launch point for bp
[10:41] {Threei}  momo returns to it
[10:41] {nemo} now when do I get out...nice problem to have
[10:42] {magoo} took .15 out .31
[10:43] {shorty} Was short BP .11...exit .16
[10:43] {Threei}  .11?
[10:43] {Threei}  kind of not here nor there
[10:43] {Threei}  arbitrary point
[10:43] {nemo} I'll set the stop at .10
[10:43] {shorty} I went with you....aggresive entry I guess.
[10:43] {nemo} might as well let it "breathe" as Vad would say
[10:44] {nemo} still strong against the market
[10:45] {Threei}  (US) Fed's Lacker: Not expecting housing to dramatically worsen; not currently evaluating further easing steps and would require a very adverse shock to the economy before such consideration (related XHB TLT SHY IEF EUR/USD USD/JPY )
[10:50] {nemo} stopped last bp
[10:50] {nemo} and of coursse it bounces
[10:52] {strider} long VZ .49
[11:02] {Threei}  can't find any decent short trigger
[11:02] {Threei}  FCX .50 looked like it
[11:03] {Threei}  hesitated for some reason...
[11:03] {Threei}  my fault, it was a valid one
[11:03] {jfjf64} i say
[11:03] {jfjf64} lol
06[11:04] * Threei slaps jfjf64 around a bit with a large sense of relief
[11:04] {jfjf64} wd  rather  large  roll  of  cash
[11:05] {jfjf64} lol
[11:05] {Threei}  yeah, me too
[11:05] {shorty} STP Threei?
[11:05] {Threei}  but it's not here yet
[11:06] {Threei}  moves 5-7 cents with such market drop... not very interesting
[11:07] {shorty} Picking the slow movers today.
[11:08] {shorty} should have asked you about BP
[11:10] {jfjf64} lk lvs  bounce
[11:10] {Threei}  nope
[11:10] {nemo} rimm short .60ish
[11:10] {nemo} ?
[11:11] {Threei}  probabkly
[11:12] {Threei}  see, the problem is,
[11:12] {Threei}  we are not getting strong continuation on breakdowns
[11:12] {Threei}  it';s a very slow drift down with spikes
[11:12] {strider} Got T'storms coming thru here.  Shutting down shortly.
[11:12] {Threei}  shorting breakdowns is not really easy way to profit,
[11:12] {Threei}  and bounces do not provide clear triggers
[11:13] {dino} cf sm l .00
[11:15] {Threei}  wow BP
[11:15] {shorty} hmmmm
[11:15] {_khaln} DISCA  ? any setup?
[11:16] {Threei}  no really... drifing with market
[11:16] {_khaln} thx
[11:16] {nemo} might look for a pullback in .65 area then break above .70 to confirm IH&S
[11:16] {nemo} break on volume of course
[11:17] {Threei}  it's a valid pattern, I just don't thinkj market is ready fo a bounce
[11:18] {Threei}  and DISCA is not likely to do anything withut market help
[11:18] {nemo} not as dumb as I look
[11:20] {larisa} how dumb people look? any specifics?
[11:20] {strider} taking -.03 VZ.  Shutting down computer for thunderstorm.  Back Later.
[11:20] {Threei}  take care strider
[11:21] {Threei}  larisa, give me a few secs to run to the nearest miror
[11:21] {shorty} see ya strider
[11:21] {nemo} fire on the mountain run boy run
[11:22] {strider} better check those hills for gold...ya never know.
[11:22] {nemo} thought you were going to check your still
[11:22] {nemo} rimm dropped into trigger
[11:22] {nemo} sonafa
[11:22] {nemo} figures
[11:24] {Threei}  Apple Inc Consumer Reports has determined that it would not recommend the iPhone 4
[11:24] {Threei}  - Report cites the hardware with the iPhone 4's antenna and reception.
[11:24] {Threei}  - "When your finger or hand touches a spot on the phone's lower left sidean easy thing, especially for leftiesthe signal can significantly degrade enough to cause you to lose your connection altogether if you're in an area with a weak signal. Due to this problem, we can't recommend the iPhone 4."
[11:25] {Threei}  Our findings call into question the recent claim by Apple that the iPhone 4's signal-strength issues were largely an optical illusion caused by faulty software that "mistakenly displays 2 more bars than it should for a given signal strength."
[11:25] {Threei}  - The tests also indicate that AT&T's network might not be the primary suspect in the iPhone 4's much-reported signal woes.
[11:28] {Threei}  British Petroleum plc States that BP is not in negotiations to sell the company to Exxon, confirms that discussions to sell various assets are ongoing - CNBC
[11:37] {Threei} Long Setup:  BP  36 break
[11:37] {Threei}  just a scalp most likely
[11:39] {Threei} Long Setup:  LVS  23 break
[11:39] {Threei}  just a scalp most likely
[11:41] {Threei}  feel free to take profit on BP, or partial - whatever you fancy
[11:41] {Threei}  if partialling, sdtop for the balance to .98 and tryto offer around .15
06[11:42] * Threei slaps jfjf64 around a bit with a large or small but still some lunch money
[11:43] {Threei}  second target is hit
[11:43] {Threei}  no read betind that
[11:43] {Threei}  beyond
[11:43] {magoo} any read RIG?
[11:43] {Threei}  no
[11:46] {Threei}  anyone is awake?
[11:46] {nemo} no
[11:46] {shorty} yup
[11:46] {Threei}  or I am calling shots in desert?
[11:46] {magoo} [11:43] {magoo} any read RIG?
[11:46] {shorty} no, I missed BP...watching LVS
[11:47] {rdw09} Ty Vad, BP + .19
[11:47] {Threei}  thank YOU rdw
[11:47] {Threei}  great to see someone does pay attention
[11:48] {Threei}  the rest is probably waiting for me to go lok in the mirror and return with report to larisa that I promised earlier
[11:49] {magoo} aapl dive
[11:50] {hawk} CNBC report about probs with Iphone 4
[11:50] {Threei}  read earlier by CR
[11:51] {hawk} yep
[11:51] {shorty} Alright, got to go.  Hopefully will be back, if not cya tomorrow.
[11:51] {magoo} hopefully aapl can get to the "core' of the problem
[11:51] {hawk} lol
[11:51] {Threei}  take care shorty
[11:52] {shorty} :)
[11:54] {Threei}  LVS invaliadted of course
[11:56] {magoo} wow aapl legging more
[11:58] {Threei}  no single news headline for 20 minutes
[11:59] {Threei}  can you say heit of summer?
[11:59] {nemo} news in itself
[11:59] {Threei}  height
[11:59] {nemo} woof
[11:59] {Threei}  you condue height of summer with full moon?
[11:59] {Threei}  confuse
[12:00] {nemo} dog days
[12:00] {Threei}  ah
[12:00] {Threei}  me is cat people
[12:00] {Threei}  me know little about fogs
[12:00] {Threei}  dogs
[12:01] {Threei}  me also speak no Englisa and type with my elbows
[12:01] {Threei}  BP new high
[12:01] {Threei}  who said scalp only?
[12:01] {Threei}  he must be hooked through the upper lip and dragged therough the streets by track
[12:01] {Threei}  truck
[12:10] {Threei}  got a few very nice shots of orcas during ocean boat trip this weekend
[12:10] {Threei}  will show in a day or two
[12:11] {Threei}  grey whale too but the thing is lazy... never jumps out of the water really
[12:11] {nemo} why did "Soylent Green is people" line go through my mind on that
[12:11] {hawk} cool
[12:11] {dino} sm l whr .24
[12:12] {Threei}  (US) Senator Brown (R-MA) notes he expects to support the FinReg bill - WSJ
[12:13] {Threei}  *Reminder: 06/29 Rep. Frank said that Democratic senators have worked out a revised Wall St. bill funding with Republican Sen. Snowe, Collins and Brown.
[12:13] {nemo} fcx will go to .90
[12:13] {magoo} u in?
[12:13] {Threei}  I am all eager to see this no doubt brilliant piece of financial trickery
[12:14] {nemo} not yet, nut sure if we're going to get a fakeout first
[12:14] {nemo} see that offer get pulled
[12:16] {nemo} wanna see it hold .30
[12:17] {dino} my thoughts 3i, just like the old regulations weren't enforced, these won't be either. political rain dancing
[12:27] {Threei}  BP seems to establish slow creep up
[12:35] {magoo} ty...50 to .83
[12:36] {hawk} nice
[12:37] {Threei}  :)
[12:38] {nemo} shit..stepped away and fcx triggered
[12:44] {dino} cf stop to .49
[12:45] {dino} out +.49
[12:46] {Threei}  wtg
[12:47] {dino} ty rough a.m.
[12:52] {nemo} well...let's see if fcx sets up a range
[12:53] {strider} .
[13:02] {Threei}  *(US) TREASURY'S $35B 3-YEAR NOTES DRAWS 1.055%; BID-TO-COVER RATIO: 3.20 V 3.23 PRIOR AND 3.06 AVG OVER THE LAST 10 AUCTIONS
[13:03] {Threei}  Indirect bidders take 40.6% of competitive bids; direct bidders take 14.26% of competitive bids, dealers take 45.1%.
[13:03] {Threei}  - 72.43% allotted at high.
[13:03] {Threei}  - Median 1.019%; Low 0.947%
[13:05] {Threei} Short Setup: BP  .60 break
[13:06] {jfjf64} hold .70
[13:07] {nemo} .70 is the 50 ma, might be a good place to short
[13:07] {Threei}  let's recalibrate
[13:07] {Threei}  .65 break
[13:08] {nemo} .67 look bid .68
[13:09] {Threei}  yup
[13:09] {nemo} gotta' watch for right side of H&S also
[13:10] {jfjf64} stupid question    good  or  bad
[13:10] {Threei}  ?
[13:10] {nemo} Inverse that is
[13:10] {nemo} sorry
[13:10] {Threei}  (GR) Slovakia PM: Does not agree that there should be aid for Greece (related EUR/USD SOVRX NBG )
[13:10] {nemo} in
[13:10] {Threei}  slovakia says no soup for Greece
[13:10] {strider} short .66
[13:11] {jfjf64} in
[13:11] {nemo} oops
[13:11] {jfjf64} oops
[13:12] {nemo} market going north
[13:12] {strider} stop .75
[13:12] {nemo} yeah
[13:13] {nemo} but that's also resistance
[13:13] {jfjf64} .80
[13:14] {nemo} kick it Vad
[13:14] {nemo} stomp it
[13:15] {jfjf64} we  ok
[13:15] {nemo} ain't hit the stop yet
[13:15] {_khaln} kkkk
[13:15] {nemo} ?
[13:15] {_khaln} sorry
[13:16] {hawk} k
[13:16] {nemo} it's weak for market strength
[13:16] {jfjf64} here  we go
[13:16] {nemo} not till market backs off
[13:17] {jfjf64} d/b  here we come
[13:17] {nemo} don't call me that
[13:17] {Threei}  lol
[13:17] {Threei}  BP is not following market up this time
[13:17] {nemo} missed rimm trigger
[13:17] {Threei}  just need market to reverse now
[13:17] {strider} maybe another kind of bag
[13:18] {nemo} great, the hillbilly pipes up
[13:18] {strider} the pipes are callin'
[13:18] {Threei}  BP is not a scalp for me anymore
[13:18] {jfjf64} comon  baby
[13:18] {Threei}  should be capable of more
[13:18] {magoo} u in?
[13:19] {jfjf64} you  drivin   keep  me  posted
[13:19] {Threei}  stop above .75, let it trade
[13:20] {Threei}  wiuth any market help, target is about .30
[13:20] {jfjf64} k
[13:22] {nemo} now we have a long trigger
[13:24] {larisa} plot_DCPhase.Set(Math.Sin(Math.PI/180*( DCPhase)));
[13:24] {nemo} wtf
[13:24] {larisa} sorry :)
[13:24] {strider} I love it when you talk that way, larisa.
[13:24] {nemo} programming?
[13:25] {Threei}  Math.Sin... my favorite of all sins
[13:25] {nemo} wtf
[13:25] {nemo} ?
[13:25] {nemo} you gotta' get out more
[13:25] {Threei}  what can I do... I like intellectual sins
[13:25] {larisa} wrong window to paste and window was covered!
[13:28] {nemo} oy volume coming in on this rise
[13:28] {strider} turned into water torture stock.
[13:28] {Threei}  time of the day
[13:28] {strider} about 28 past one.  :)
[13:28] {nemo} bamboo shoots
[13:29] {nemo} pungee sticks
[13:29] {strider} Les.
[13:29] {nemo} sex with Roseanne Barr
[13:29] {nemo} yeah...that's the worst
[13:29] {Threei}  Slovakia joined the eurozone on 1/1/2009
[13:29] {magoo} procto exam
[13:29] {Threei}  and already spoils the party
[13:31] {nemo} rimm short here Vad?
[13:31] {Threei}  can't tell really
[13:33] {nemo} starting to get volatile
[13:36] {Threei}  mall Business Association (SBA) President: Credit situation does not appear to be getting much worse, but have not yet turned a corner - CNBC
[13:36] {Threei}  - Reminder: Earlier this morning Bernanke commented that some small companies are being denied loans; and must ensure that borrowers with good credit are able to continue borrowing.
[13:36] {Threei}  die alreaADY bp
[13:36] {nemo} I think if I can get out flat on BP I'll be happy
06[13:37] * strider slaps nemo around a bit with a large cardboard cutout of the Big Bopper
[13:37] {Threei}  traitor
[13:37] {Threei}  here is your flat
[13:37] {nemo} no, I see an inverse H&S forming
[13:37] {Threei}  getottahere
[13:38] {nemo} frickin' peer pressure
[13:38] {strider} go home to fwb
[13:38] {nemo} I am home
[13:38] {nemo} morning visit
[13:38] {strider} technicality
[13:40] {gregns} die now BP pls
[13:40] {nemo} ?
[13:41] {Threei}  pls?
[13:41] {nemo} yeah, what a wuss
[13:41] {Threei}  you seriusly tyhink gentle and polite works with these
[13:41] {gregns} maybe some manners might help??
[13:41] {nemo} Die you MFing BP
[13:41] {Threei}  especially oil-spilling monsters
[13:41] {gregns} im laughing now
[13:42] {Threei}  hit them over the head with 2x4
[13:42] {Threei}  make sure there are some rusty nails in that
[13:42] {nemo} with frickin' nails in it
[13:42] {nemo} oh yeah
[13:42] {nemo} scarry
[13:42] {Threei}  or, using vocabulary of our poresident,
[13:42] {strider} I thought fricken nails were banned in Kanada.
[13:43] {Threei}  keep the boot on their neck and fire to their feet
[13:43] {nemo} nice one Strider
[13:43] {dino} lol
[13:43] {strider} have to be round nose.
[13:43] {strider} fmj
[13:43] {nemo} this is my rifle this is my gun
[13:43] {Threei}  nemo, you have your 1:1, you wimp
[13:43] {nemo} ty
[13:44] {Threei}  welcome
[13:44] {Threei}  or, as we say in Kanada, welkome
[13:44] {gregns} ty although testing this newbies patience
[13:44] {Threei}  that's OK, patience tests well
[13:45] {gregns} i am glad that a few in here have a sense of humor
[13:45] {Threei}  not me
[13:45] {nemo} Les is the worst
[13:46] {Threei}  I am grim humorless creature
[13:46] {strider} go back under your bridge, vad.
[13:46] {gregns} if you spelled better you might be funnier??
[13:46] {Threei}  where all the trolls are?
[13:46] {strider} y
[13:46] {Threei}  and leprechauns
[13:46] {nemo} nah, that's not nice forcing him to spend time with Les
[13:47] {Threei}  gregm I decisively refuse to spell well
[13:47] {Threei}  this is just against my life-guiding principles
[13:47] {nemo} do unto others before they do unto you
[13:47] {gregns} i see
[13:49] {gregns} vad, r u still in BP?
[13:49] {Threei}  half
[13:49] {Threei}  1:1 is for partialling
[13:50] {gregns} thks, ok
[13:52] {magoo} what entry u get?
[13:53] {Threei}  .67
[13:57] {magoo} any other day that would swish down .89 cents
[13:57] {Threei}  well, it's summer
[13:58] {Threei}  mags, you remember what an incredibly jumpy monster RIMM used to be?
[13:58] {Threei}  look at it now
[13:59] {Threei}  yessss BP
[13:59] {Threei}  finally
[13:59] {nemo} 1:2
[13:59] {Threei}  1/4 more out
[13:59] {magoo} earnings should..i say..should, liven things
[13:59] {Threei}  and .30 is last target
[13:59] {strider} I am amazed that BP worked.
[13:59] {magoo} im amazed it took this long
06[13:59] * Threei slaps strider around a bit with a large of faith
06[13:59] * Threei slaps strider around a bit with a large dose of faith
[14:00] {hawk} great call vad, thx
[14:00] {Threei}  :)
[14:00] {nemo} if it loses this area .15 is in the cards
[14:02] {strider} yes, should listen to Luther more, I suppose.
[14:02] {magoo} i agree
[14:02] {magoo} or concurr
[14:02] {magoo} mad cap'n nemo
[14:03] {nemo} what?
[14:03] {strider} sounds like a breakfast cereal.
[14:08] {dino} out whr .91, +.66
[14:08] {Threei}  wtg
[14:08] {dino} ty
[14:14] {nemo} bidu break of .80 could be interesting
[14:17] {dino} mos
[14:17] {nemo} I have a suppor line drawn in, I don't know why, around .75
[14:18] {strider} too early for suppor
[14:18] {nemo} gag
[14:18] {nemo} support
[14:18] {nemo} look for db there dino?
[14:19] {Threei}  White House: New moratorium announcement on deepwater drilling to come at approx 1600ET (related PXD RDS.A STL.NO MMR HOS HAL BP CAM SPN CLH )
[14:19] {dino} looking...
[14:20] {Threei}  so, court will strike their moratorium and they will simply announce another?
[14:21] {dino} lfc, cboe
[14:31] {magoo} c'mon..rot
[14:35] {dino} lfc hl l .08
[14:36] {strider} L M
[14:36] {strider} L mos .89  small
[14:38] {magoo} covered .41
[14:38] {magoo} .69 - .41
[14:39] {magoo} ty boss
[14:39] {Threei}  welkome as we says in Kanada
[14:40] {Threei}  btw, remember long LVS call on 23 break, made sometime this millenium?
[14:41] {Threei}  reestablished itself and worked... but I was in deep come
[14:41] {Threei}  coma
[14:41] {dino} clf lod
[14:44] {dino} partial itri .53 ave
[14:46] {strider} top MOS -.40
[14:46] {strider} oh well.   looked so good, too.
[14:47] {dino} they all do
[14:47] {nemo} especially at 2:00 am after a gallon of beer
[14:48] {dino} lol
[14:48] {nemo} what are we talking about by the way
[14:48] {nemo} ?
[14:48] {strider} yep..  The later it gets, the better they look.
[14:53] {strider} wow MOS
[14:55] {strider} NEW YORKMosaic Co. said it has sent a letter to its employees warning them the fertilizer company may have to indefinitely close a phosphate rock mine in Florida as a result of a lawsuit by environmental groups that threaten the mine's license.
[15:01] {nemo} 50% volume
[15:02] {nemo} fas could be a scalp drop under .90 and recross
[15:03] {nemo} o.k. bounce at .90
[15:09] {nemo} mos now stronger than the market
[15:15] {strider} market now stronger than mos
[15:23] {Threei}  Tesla Motors Planning to deliver 2 new electric prototypes to Toyota in July - WSJ
[15:23] {Threei}  - Reminder: on 6/11 Toyota and Tesla partnered to create a prototype electric car in 2010. Toyota also reportedly purchased $50M of Teslas common stock.
[15:25] {dino} toysla
[15:25] {nemo} cute
[15:37] {strider} am I here?
[15:38] {Threei}  this is very existential question
[15:38] {strider} Actually yes.    Am re-reading Wm Barrett's Irrational Man.
[15:39] {strider} First read in the id-60s.
[15:39] {strider} mid
[15:39] {nemo} freudian
[15:40] {strider} well, id-60s, id-70s.   each decade, it grows.
[15:40] {magoo} hiccup
[15:40] {nemo} hehehehe
[15:40] {dino} yeah, you are here
[15:40] {nemo} am I a man dreaming of being a butterfly, or a butterfly dreaming of being a man
[15:41] {strider} Was really a quote from Jim Ignatowski....on Taxi?
[15:41] {strider} on taxi.
[15:41] {dino} actually, i'm here your over there
[15:41] {dino} hod
[15:41] {strider} But when I was in PA the other week, I was there.  How can this be.?
[15:42] {dino} lfc to .50
[15:42] {dino} out +.42
[15:45] {magoo} vad, just looked at analysis, we 100% today
[15:46] {Threei}  really?
[15:46] {Threei}  nice... I guess I am not really awake
[15:47] {magoo} thats what i have
[15:47] {Threei}  or too submerged in strider's deep philosophical musings
[15:47] {Threei}  I mean, how many bees did really Shakespear had in mind?
[15:47] {Threei}  two bee? ot not two bee?
[15:48] {Threei}  and was it bee or beer...
[15:49] {strider} Just reading about Jim Ignatowski on wikipedia:  He ........was once traded from his commune to another commune for two goats and a Donovan album
[15:52] {strider} I'm voting for Aunt Bee, vad.
[15:55] {magoo} ok, ty all
[15:55] {magoo} c u morrow
[15:55] {Threei}  see, you keep introducing new variables...
[15:55] {nemo} nite
[15:55] {Threei}  it doesn't make my life any easier
[15:56] {strider} well you let Les in.
[15:56] {Threei}  thank you all
[15:56] {strider} talk about a new variable.
[15:56] {Threei}  have a good evening
[15:56] {nemo} thank you Vad
[15:56] {Threei}  lol
[15:56] {Threei}  see you tomorrow
[15:56] {_khaln} bye all
[15:56] {strider} bu-bye
[15:56] {nemo} thanks for the warning, Vad
[15:56] {hawk} thx, cu
[15:57] {larisa} bye all :)
[15:58] {strider} night, larisa.
[15:58] {larisa} bye strider !
[15:58] {strider} Good night, john-boy.
[16:01] {dino} gn all

Jul 09 2010

Nice day with 4 wins out of 5 trades - no interesting charts to show though, pretty much run-of-the-mill stuff.


Session Time: Fri Jul 09 00:00:00 2010

[08:18] {hawk} good morning
[08:18] {nemo} yet to be determined
[08:19] {hawk} true, not for bidu
[08:19] {nemo} oh...the google/china announcement...that might make for good plays today...I'm not sure that whole scenario is played out yet
[08:45] {Threei}  Baltic Dry Bulk Index declines approx 2% (31st straight decline)
[08:45] {Threei}  - Index at 1,902.
[08:45] {Threei}  ***Note: This is the longest declining streak in nearly 9 years.
[08:47] {Threei}  IMF's Lipsky: European Monetary Fund is not a good idea
[08:47] {Threei}  IMF is but EMF isn't?
[09:06] {Threei}  Cavaliers owner's reaction to Lebron's exit is beyond ridiculous
[09:06] {Threei}  whole charade though is
[09:06] {Threei}  all the attention, national media speaking of nothing else
[09:06] {Threei}  shrug
[09:06] {hawk} yeah, that was bad
[09:06] {nemo} Florida has no income tax...how can you compare Cleveland to Miami...and the Heat are set up to win
[09:07] {Threei}  you'd think there is no more problems in the country to occupy minds and hearts
[09:07] {nemo} my thoughts go to Mencken
[09:08] {nemo} ok  bidu retraced 50% off the drop 200 ma at 70
[09:10] {Threei}  Obama administration gives BP 24 hours to answer list of questions about containment effort
[09:11] {strider} Or else??
[09:11] {Threei}  I honestly don't know what irritates me more, BP's actions leading up to all this or administration reaction
[09:12] {Threei}  (US) Reportedly SEC and Exchanges consider forcing market makers to offer quotes within 10% of stock price
[09:12] {Threei}  say what?
[09:14] {strider} doesn't make much sense, does it?
[09:14] {strider} Mebbe the SEC is going to determine the price of stocks now.
[09:15] {Threei}  that would be ultimate solution
[09:15] {strider} after all, everybody wants to do what's 'fair'.
[09:16] {Threei}  and good intention as we all well know...
[09:18] {nemo} hey hawk, look at bidu
[09:18] {Threei}  hawk, don't
[09:18] {nemo} face reality
[09:18] {dino} gm all
[09:18] {Threei}  I don't know what the catch is, but if nemo advises it, there must be one
[09:18] {nemo} eschew....ehh...what was it?
[09:18] {Threei}  dino :)
[09:18] {nemo} dino :)
[09:19] {strider} bless you.
[09:19] {nemo} don't quit your day job strider
[09:19] {Threei}  full text:
[09:19] {Threei}  US) Reportedly SEC and Exchanges mulling new rules for market makers requiring they offer quotes within 10% of stock price - unconfirmed report on
[09:19] {Threei}  - Ahead of passage of the new FinReg bill, SEC reportedly considering a quote band of 8% for market makers.
[09:19] {Threei}  - Also considering ban on 'stub quotes' or allowing market makers to offer significantly high/low prices for stock sources.
[09:19] {hawk} lol nemo
[09:20] {nemo} so who is going to subsidize the market makers when the stock should drop or rise above that price band OMFG!
[09:20] {dino} sec will soon mandate stocks can only go up
[09:20] {magoo} ello mates
[09:21] {Threei}  lol, they show a plane on TV with russian spies,
[09:21] {Threei}  I envision 10 folks sitting inside, looking at each other,
[09:21] {Threei}  shrugging and saying:
[09:21] {Threei}  oh well, we had a good run
[09:21] {Threei}  good bye american suburbia
[09:21] {dino} lol
[09:22] {Threei}  living on KGB money and sending back ridiculous reports for many years
[09:22] {Threei}  anyone wants to hire me as an agent?
[09:23] {lasertrev} good morning
[09:23] {Threei}  trev :)
[09:23] {nemo} yet to be ascertained Trev
[09:23] {nemo} hi lari :)
[09:23] {larisa} gm :)
[09:23] {Threei}  larisa :)
[09:24] {lasertrev} :)
[09:27] {dino} cpts
[09:27] {magoo} wow vad...look at bidu recovery of 4 pts
[09:27] {jfjf64} mornin
[09:27] {Threei}  it's an "expected news" play
[09:27] {Threei}  jf :)
[09:28] {Threei}  Google's license was renewed for China
[09:29] {Threei}  how to interpret this, who knows
[09:30] {Threei}  APSG Wins $11.4M in New Intelligence, Surveillance, and Reconnaissance Contracts
[09:30] {Threei}  - Received contract awards with a total value of $11.4 million for integrated logistics support
[09:32] {Threei}  SEC's Schapiro: It is not the SEC's job to define what good or bad governance is for companies
[09:32] {Threei}  strange
[09:32] {jfjf64} i say
[09:32] {Threei}  short of diet for board members, I'd think they want regulate everything
[09:34] {Threei} Long Setup:  SYMC  .53
[09:34] {ese} gm
[09:34] {Threei}  ese :)
[09:35] {nemo} bidu should get at leat to 71.50
[09:36] {nemo} touched and dropped
[09:36] {Threei}  stop /short lvs 23 break
[09:37] {Threei} Short Setup: LVS  23 break
[09:37] {Threei}  SYMC stop under .45
[09:37] {Threei}  LVS invalidated above .10
[09:38] {magoo} TSLA bounce vad?
[09:38] {Threei}  from under 17
[09:38] {Threei}  let it drop more
[09:38] {Threei}  spread is horrific
[09:38] {Threei}  SEC, where are you
[09:39] {strider} short LVS .10
[09:39] {nemo} scalp it strider
[09:39] {Threei}  make them all bid and offer withing 5 cents band
[09:39] {nemo} if it breaks .08 on the up get out
[09:39] {strider} stp[[ed .15
[09:40] {strider} stopped, too.
[09:40] {Threei}  SYMC, hard to tell scalp or juice
[09:41] {Threei}  stop is tight enouhg, broke important resistance on daily
[09:41] {Threei}  probably deserves a chance
[09:41] {nemo} just a thought...given how European markets are flat, likely not to be many big plays today
[09:42] {Threei}  (US) Preview: May Wholesale Sales due out at 10:00ET
[09:42] {Threei}  **Consensus expectation: 0.4%e v 0.4% prior
[09:42] {Threei}  spike is coming on .60 break for first partil
[09:43] {Threei}  partial
[09:44] {Threei}  1:1
[09:44] {Threei}  half out, stop to .49
[09:44] {Threei}  scalpers know what to do
[09:45] {Threei}  TIVO Hearing vague positive chatter related to court case developments against DISH (8.09, +0.36, 4.66%) (related DISH SATS )
[09:45] {dino} kss hl l .70
[09:46] {strider} in kss
[09:46] {jfjf64} dndn  sharp  sellllllllll
[09:47] {strider} offer at .90
[09:47] {Threei}  DNDN is bounce ready, but risk is very high on this one
[09:47] {Threei}  .10 break
[09:47] {Threei}  if holding 31
[09:47] {Threei}  highly discretionary
[09:48] {strider} out, tks dino
[09:48] {ese} in
[09:49] {dino} gj
[09:49] {ese} sm
[09:49] {Threei}  KS) UN Security Council issues statement condemning sinking of South Korean warship
[09:49] {Threei}  - Statement does not explicitly blame North Korea
[09:49] {ese} lousy fill .13
[09:49] {Threei}  ummm... who then?
[09:49] {ese} stopped dndn .97
[09:49] {ese} =.16
[09:49] {ese} -
[09:49] {dino} spineless whimps
[09:49] {magoo} news FCX vad? strong
[09:50] {nemo} might be good short here mags
[09:51] {Threei}  no fresh news mags
[09:51] {Threei}  LVS, hunting for bounce,
[09:52] {Threei}  one more leg down
[09:52] {Threei}  from under .80 most likely
[09:52] {nemo} 30 min chart fcx mags
[09:53] {Threei}  .90 is questionable level
[09:53] {Threei}  want it lower
[09:53] {strider} BP
[09:54] {Threei}  ok
[09:54] {Threei}  watch SPY for clue
[09:54] {nemo} s fcx 19 stop .35
[09:54] {nemo} .19
[09:55] {Threei} Long Setup:  LVS  .80 cross
[09:55] {nemo} out 1/2 .02
[09:55] {Threei}  if hgolding above .70
[09:55] {magoo} spy ugly
[09:55] {magoo} short fcx .21
[09:55] {ese} indeed ugly
[09:56] {nemo} stop b/e
[09:56] {nemo} out 2n hapf
[09:56] {nemo} half
[09:56] {magoo} that sucked
[09:57] {nemo} +.17  5 seconds
[09:57] {nemo} that's too much luck in too short a time
[09:57] {Threei}  LVS re-established
[09:58] {magoo} in
[09:59] {dino} nice
[10:00] {Threei}  *(US) MAY WHOLESALE INVENTORIES: 0.5% V 0.4%E
[10:00] {Threei}  Prior revised lower from 0.4% to 0.2%
[10:01] {strider} 1/2 out LVS
[10:01] {Threei}  over 1:1
[10:01] {magoo} out .97 TY + .17
[10:01] {Threei}  welcome
[10:01] {ese} L nem .14
[10:01] {Threei}  1:2
[10:02] {nemo} l fcx .51
[10:02] {nemo} half out .60
[10:02] {ese} out 1/2 nem
[10:03] {ese} .24 +.10
[10:03] {nemo} 1/4 .70
[10:03] {nemo} stop to b/e
[10:03] {ese} remainder stop to .16
[10:03] {jfjf64} that nice  3i    nice
[10:03] {jfjf64} ty
[10:03] {Threei}  :)
[10:03] {Threei}  gosh, almost forgot I still have half SYMC
[10:04] {Threei}  who is holding it, careful, this one can put you to sleep
[10:04] {nemo} out last 1/4
[10:04] {jfjf64} must  be  nice
[10:04] {ese} stopped remainer nem .17 +.03
[10:04] {magoo} sh fcx .54
[10:05] {ese} hmmmmm stop should have been at break even
[10:05] {Threei}  .54?
[10:05] {Threei}  after sharp selling?
[10:05] {magoo} well, it was falling and saw .46
[10:05] {magoo} just missed out
[10:05] {magoo} i was in the selling
[10:07] {ese} L nsc .15
[10:08] {Threei}  Arizonas immigration law: Just 28% favor the Justice Department lawsuit against the state while twice as many are opposed
[10:08] {Threei}  was there any other president so consistently finding himself on the opposite side of the public opinion?
[10:10] {magoo} BP crushed
[10:10] {Threei}  Toyota Motor Corp President: Toyota is looking to partner with more firms to develop alternative fuel technology - Nikkei
[10:10] {Threei}  ***Reminder: On 06/11 Toyota and Tesla partnered to create a prototype electric car in 2010
[10:11] {nemo} agu short if stays under 15 and drops below 17?
[10:11] {nemo} uner .15
[10:11] {Threei}  huh?
[10:11] {nemo} agu
[10:11] {Threei}  below 17?
[10:12] {dino} hl s clf .40
[10:12] {nemo} 57
[10:12] {nemo} sorry
[10:12] {Threei}  not sure
[10:12] {nemo} me neither ;)
[10:12] {Threei}  if market derops sharply, could work but do half lot
[10:12] {Threei}  volatile thing
06[10:12] * magoo slaps nemo around a bit with a large trout
[10:13] {Threei}  bounce just as likelyt
[10:13] {ese} out 1/2 nsc .26 +.11
[10:13] {nemo} ty mags,
[10:13] {ese} stop to break even
[10:13] {dino} cov/stopped clf -.13
[10:14] {nemo} well, that's off the table for now
[10:14] {ese} out in full nsc .33
[10:15] {ese} +.18 balance of pos
[10:15] {ese} hmmmmm.32 and change not quite .33
[10:16] {nemo} agu might be back on the menu
[10:17] {magoo} cov .36 +.18 fcx
[10:18] {nemo} nice mags
[10:18] {magoo} its really strong tho
[10:18] {magoo} tough short
[10:18] {nemo} yes
[10:18] {dino} cpts hl l .65
[10:18] {nemo} I played it short and long
[10:18] {nemo} scalp
[10:18] {ese} L twx .05
[10:19] {magoo} i missed our fist sh exit...u got out
[10:19] {nemo} yeah, it dropped so fast after entry I said one in hand two in bush....one in hand
[10:20] {Threei}  FAS is stronger than SPY today
[10:21] {Threei}  watching for long entry on pullback
[10:21] {nemo} we're also getting to the point where the market should change direction
[10:22] {Threei}  it's onbiously nerws for market
[10:22] {Threei}  news
[10:22] {nemo} watch .84 level on bidu
[10:22] {ese} out twx .11 +.06
[10:24] {nemo} bidu not going with market
[10:26] {nemo} there it goes
[10:26] {nemo} spread too much for me though
[10:26] {Threei}  FAS, .40 is nearest support level
[10:27] {strider} out 1/2 TWX +.06, tks ese
[10:27] {nemo} rimm happy as hell today
[10:27] {Threei}  waiting patiently for it to form something sae
[10:27] {strider} still in 1/4 LVS
[10:27] {dino} s kss .99
[10:27] {strider} short BP .84
[10:28] {ese} big move by mon today
[10:29] {nemo} all ags...been moving last few days
[10:29] {ese} well done ST with twx......wasn't moving as fast as i have wanted
[10:30] {strider} probably should be out in full now. stop to b/e
[10:30] {dino} cpts stopped, -.33
[10:30] {strider} BP stop sto .91
[10:31] {strider} to
[10:31] {strider} stopped final LVs .98 +.17
[10:31] {Threei}  I'd say oversat it a bit
[10:32] {strider} I suree did.
[10:32] {strider} sure
[10:32] {Threei}  greed has its place but there must be some sane limit on it :)
[10:32] {nemo} you have to be sane
[10:32] {nemo} ?
[10:32] {nemo} oh oh
[10:32] {Threei}  some of us
[10:32] {Threei}  let me check what list you are on
[10:33] {Threei}  nah, relax, you can stays as you were
[10:33] {nemo} oh oh
[10:33] {Threei}  stay
[10:33] {Threei}  missed FAS near .40
[10:33] {Threei}  grrr
[10:34] {strider} bid 1/2 BP .70
[10:34] {Threei}  price wise it was where I wanted it but didn't indicate definite entry
[10:34] {strider} out BP b/e
[10:34] {ese} qgen looks promising to me
[10:35] {Threei}  BP Reportedly Anadarko has sent notice to BP it will withhold reimbursements
[10:35] {Threei}  crrrrap
[10:35] {ese} L qgen .22
[10:35] {Threei}  shoot me now, FAS
[10:35] {Threei}  ideal drop right into support
[10:35] {Threei} Long Setup:  HAL  .20 break
[10:36] {dino} kss bstop to .01 thing is stuck
[10:37] {nemo} of course it is, you bought it (or sold as the case may be)
[10:37] {dino} yeah, i messed it up
[10:37] {nemo} don't quit your day job
[10:37] {nemo} oh...this is your day job :)
[10:38] {strider} offer 1/4 TWX .15
[10:38] {dino} lol
[10:38] {strider} boop
[10:38] {nemo} in hal
[10:39] {strider} in
[10:39] {strider} stop?
[10:39] {nemo} oh, damn...double tappe the order
[10:39] {Threei}  under .10
[10:39] {nemo} .10
[10:39] {strider} doubly blessed.
[10:41] {dino} cpts l .39
[10:44] {nemo} out hal
[10:44] {ese} qgen has to get by .23
[10:44] {strider} out .09 HAL
[10:45] {dino} cov kss .91, +.08
[10:46] {dino} cpts to .52
[10:47] {dino} out cpts .54, +.15
[10:47] {ese} qgen.......finally
[10:48] {strider} stop bal TWX -.01
[10:48] {strider} staying too long at the party again.
[10:49] {Threei}  be reasonable
[10:49] {Threei}  summer Friday
[10:49] {Threei}  moves are rarely sustainable
[10:50] {strider} lvs interesting
[10:52] {Threei}  looks like short to me
[10:52] {dino} c[ts l .60
[10:52] {dino} cpts
[10:53] {nemo} what is your stop dino
[10:54] {dino} .48
[10:55] {nemo} ty
[10:55] {dino} mkt not helping
[10:56] {nemo} It's summer lunch time on a Friday....ahhh bottle of Grey Goose here I come...
[10:56] {ese} ahhhhhhhhh
[10:56] {dino} too early\
[10:57] {ese} not if your a vad trainee
[10:57] {magoo} sigh, now lunch is 10:50 am?
[10:58] {nemo} faz .25 break?
[10:58] {nemo} beh broke
[10:58] {Threei}  not delighted by FAZ
[10:59] {dino} tight day
[11:00] {Threei} Short Setup: LVS  23 break
[11:00] {Threei}  if stays under 23.10
[11:00] {Threei}  for superduperextrascalpers, .05
[11:01] {magoo} in out
[11:01] {magoo} ty
[11:01] {magoo} +.01
[11:01] {Threei}  that redefines superduperextrascalper definition
[11:01] {strider} good risk control, mags
[11:02] {nemo} crissakes he lost on fees
[11:04] {dino} dino's going to throw shoe at magoo
[11:05] {magoo} BP BP
[11:05] {dino} rumor rd looking at bp
[11:05] {Threei}  BP Fox's Gasparino: A possible sale of the company is 'back on the table', according to sources
[11:05] {Threei}  - no sale of the company can be assured (33.18, -0.56, -1.66%)
[11:05] {ese} that was too funny mags
[11:06] {ese} thats what i felt like yesterday though
[11:10] {dino} clf s .50
[11:11] {magoo} todays even harder than yesterday
[11:12] {ese} agreed
[11:12] {strider} short HAL .99
[11:14] {dino} agree
[11:14] {Threei}  .99?
[11:15] {Threei}  LVS 1:1
[11:15] {Threei}  not here... 3 out of 4
[11:15] {strider} out  GS +2.37 swing trade
[11:17] {strider} cover 1/2 HAL +.10
[11:17] {strider} sorry, LVS
[11:18] {strider} {-------dazed and confused
[11:18] {ese} out qgen in full .29 +.07
[11:18] {ese} had enough of watching paint dry
[11:21] {strider} stop bal .LVS
[11:21] {strider} b/e
[11:25] {Threei} Long Setup:  FAS  .40 break
[11:25] {Threei}  attempt at inversed H&S
[11:26] {nemo} think it'll trigger by the close?
[11:26] {Threei}  I rarely think
[11:26] {Threei}  and every time I try it hurts
[11:27] {nemo} oh yeah, sorry
[11:27] {Threei}  invalidated anyway
[11:27] {Threei}  I seriously doubt sanoty of whever came up with this:
[11:27] {Threei}  (KS) North Korea Envoy: North Korea to continue with six-party nuclear talks
[11:27] {Threei}  - Note that earlier in the session, the UN Security Council issued a statement condemning sinking of South Korean warship. The statement did not explicitly blame North Korea for the sinking.
[11:28] {Threei}  condemning sinking but not blaming whoever did that?
[11:28] {nemo} db fas?
[11:29] {Threei}  then .35 break long
[11:29] {Threei}  stop under .30
[11:29] {Threei}  will be both, double bottom play and aggressive entry for .40 break
[11:29] {Threei}  risk is minimal
[11:29] {nemo} in
[11:29] {magoo} innnnnnnnnnn
[11:30] {Threei}  actually... it may be the top of political correctness... think of it:
[11:30] {nemo} volume coming in
[11:30] {Threei}  if we can condemn sinking itself but not assign blame for it
[11:30] {nemo} 1/2 out
[11:30] {Threei}  we can condemn any crime
[11:30] {Threei}  any sociaetal ill
[11:30] {Threei}  and that's all
[11:31] {Threei}  whoever perpetrator is, it's irrelevant
[11:31] {Threei}  half out for me here
[11:31] {Threei}  .42
[11:33] {dino} cov clf -.12 .62
[11:33] {dino} no backbone 3i
[11:35] {nemo} can't believe fas trading this slow
[11:35] {dino} fing clf\
[11:39] {magoo} any read BIDU vad?
[11:39] {Threei}  not really
[11:39] {magoo} your not trying :)
[11:39] {nemo} 1/4 more .45 fas
[11:41] {nemo} stop to b/e for me
[11:41] {Threei}  look how uncharestically slow it is, mags
[11:42] {magoo} i know(hence smiley)
[11:42] {Threei}  I am trying for .48 nemo
[11:42] {Threei}  uncharestically? sheesh
[11:43] {Threei}  and I just thought my typing hit rock bottom
[11:43] {nemo} cool vad, I just figure summer lunch on friday, kinda' scalp mode
[11:43] {Threei}  but obviously there is always room for more perfection
[11:43] {strider} typing is like shorting, vad.  There is no limit.
[11:43] {Threei}  out 1/4 more
[11:44] {Threei}  lol strider
[11:44] {magoo} tryting for fitty tree
[11:44] {Threei}  offering last piece .55
[11:44] {nemo} out my last at .50
[11:44] {nemo} bon chance
[11:46] {dino} itri hl l .96
[11:46] {nemo} thought about RIMM .50 break, but stop too far, think it gets to .90 though
[11:50] {magoo} q  server vad..sticky quortes
[11:50] {Threei}  16
[11:50] {Threei}  oh, and since FAS is in no lose territory - 4 out of 5
[11:51] {magoo} all for pennies tho
06[11:51] * Threei slaps magoo around a bit with a large frozen trout
06[11:52] * Threei slaps magoo around a bit with a large frozen wirth very sharp edges
[11:53] {ese} ouuuuuuuuu the frozen trout........ouuuu   ouuuuu ouuuuuuu
[11:53] {nemo} here comes .90 on rimm
[11:55] {dino} cpts to .71
[11:56] {dino} out cpts +.11
[11:57] {magoo} curious, share size?
[11:57] {dino} 1k
[11:57] {magoo} ah..goog'un
[11:58] {magoo} ancient germanic for good one
[11:58] {dino} clf s .74
[12:00] {magoo} magoo prodding fas in anus with hot beranding iron
[12:01] {nemo} damn, watch .70 level of BIDU
[12:03] {magoo} yea, misseds it
[12:03] {nemo} no, it's still a play
[12:03] {magoo} [11:38] {magoo} any read BIDU vad?[11:39] {magoo} your not trying :)
[12:04] {strider} LONG OR SHORT?
[12:04] {strider} long or short. :)
[12:04] {magoo} i liked it long near low
[12:04] {nemo} that's the question I'm looking for volume indications
[12:04] {nemo} I think it goes long on volume break of .70 and likel to tet 71.10 then the 5 minute 200 ma
[12:05] {magoo} all deends on mkt really
[12:06] {nemo} yeah, lunch is here now, but I think it will be aplay today
[12:07] {dino} cov clf .90, -.16 done w.it
[12:09] {magoo} out fitty tree
[12:09] {magoo} TY BOSS
[12:09] {magoo} that was .20
[12:09] {Threei}  that's just pennies, not worth thanking for
06[12:10] * Threei slaps magoo around a bit with a large dose of humility
06[12:10] * magoo slaps Threei around a bit with a large trout
[12:10] {dino} kss l .80
[12:10] {Threei}  how uninventive
[12:11] {Threei}  here comes my .55
[12:11] {Threei}  out
[12:11] {magoo} hardly worth taking there he he
[12:12] {Threei}  OK, next 5 min I am going to think
[12:12] {Threei}  I know it will be painful
[12:12] {Threei}  but I must,
[12:12] {strider} oh god.
[12:12] {magoo} OY
[12:12] {Threei}  gotta find an answer to the question of the day:
[12:12] {Threei}  what to slap magoo with?
[12:13] {strider} oh, thought you were trying to remember where you put your bottle?
[12:13] {magoo} wet t shirt with babe still wearing it??
[12:14] {magoo} ??
[12:14] {Threei}  I solved that problem strider
[12:14] {Threei}  I keep around 5-7 of them, so I stumble onto some without searching
[12:14] {strider} good idea
[12:15] {strider} then when one is empty, you can throw it against wall, alerting wife to bring another one.
[12:16] {_khaln} wife?
[12:16] {strider} Personal assistant.
06[12:17] * Threei slaps magoo around a bit with a large splintery chessboard stuffed with rotten remains of trout
[12:17] {_khaln} host
[12:17] {Threei}  hostess?
[12:17] {strider} cakes and pies?
[12:20] {strider} l itri .86
[12:22] {strider} whoops
[12:22] {dino} hooker type
[12:23] {strider} ??
[12:23] {dino} itri
[12:23] {strider} yeah
[12:23] {nemo} volume at 50% today
[12:23] {strider} there's a guy sitting at a desk with instructions:
[12:24] {strider} when strider buys, drag the price down quickly
[12:24] {dino} i know that guy
[12:25] {strider} we gotta get  him, dino.
[12:25] {strider} Get your people and my people together....take him down.
[12:25] {dino} yes we do, costing me $
06[12:36] * Threei slaps magoo around a bit with a large notification of boredom
[12:37] {strider} short spy .19
[12:45] {strider} stop spy -.12
[12:51] {strider} have you heard from fern lately, vad?
[12:52] {nemo} fcx
[12:54] {Threei}  about two weeks ago
[12:55] {dino} kss to .89
[12:57] {strider} l fcx .62
[12:57] {dino} out kss .90,+.10
[13:01] {strider} stop fcx
[13:03] {dino} ups l .64
[13:04] {dino} strider you still in itri?
[13:04] {strider} yeah
[13:04] {dino} me too
[13:05] {strider} trading just about stopped
[13:05] {dino} yeah
[13:14] {Threei}  US) US Sen Graham (R-SC): Recent Treasury report declining to name China a currency manipulator reinforces the need for Congress to act with legislation on China
[13:17] {Threei}  LOL
[13:17] {Threei}  British Colimbia govt announced that annual deficit is going to be 1B less than expected
[13:18] {Threei}  opposition said it's another example of broken promise
[13:18] {Threei}  meaning, promised bigger deficit and delivered less?
[13:19] {hawk} lol
[13:20] {Threei}  *(US) INTERIOR SEC SALAZAR ANNOUNCES NEW, REVISED DEEPWATER OIL DRILLING MORATORIUM TO BE ANNOUNCED IN NEXT FEW DAYS
[13:21] {dino} give it a rest
[13:21] {dino} you've lost
[13:21] {Threei}  they can't
[13:22] {Threei}  they need to manoevre between diff interest groups
[13:22] {Threei}  saving as much votes as they can
[13:22] {Threei}  because votes is all that matters
[13:25] {ese} hmmmmmmm thought about uaua......too bad
[13:30] {magoo} any read RIMM FCX BIDU vad?
[13:31] {Threei}  not at all
[13:32] {hawk} DNDN trying 32, WHR strong
[13:35] {dino} out ups .74,+.10
[13:42] {Threei}  - Interior Sec Salazar comments that a moratorium is "essential."
[13:42] {Threei}  - Reminder: A US Appeals Court yesterday struck down the Federal Govt's plans for a moratorium on deepwater drilling. After the moratorium was blocked by a District Court on 6/22, the Interior Dept said it would place new ban on deepwater drillers if the ruling was not overturned.
[13:49] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzz
[13:59] {strider} magoo, punch dino.  He's snoring again.
[14:00] {dino} like watching paint dry
[14:01] {ese} zzzzzzgaaazort.......sssssIUYiuewl;k........aheeem.......zzzzzzzzzzzzzzzzzzzzz
[14:02] {dino} ifyoyflvbiutiyrlv.
[14:02] {ese} eggggzakly
[14:03] {ese} i've got money that says vad has passed out or is down at his crabbing dock.....anyone in
[14:06] {Threei}  hmmm
[14:06] {ese} ha ha.......everyones passed out or gone down to their crabbing docks
[14:06] {Threei}  let me check up on him
[14:06] {Threei}  you are right ese
[14:07] {strider} uh-oh.  Bi-polar time again.
[14:07] {Threei}  he went to crabbing dock and there he passed out
[14:08] {ese} you talkin about that twirp ese..........wayda minute.....thats me
[14:08] {magoo} rimm going for high
[14:08] {magoo} any trigg vad?
[14:09] {larisa} 53.10  kinda was?
[14:09] {Threei}  well
[14:09] {Threei}  .25 is high
[14:09] {magoo} put down the butter and take a look lol
[14:09] {Threei}  but I am uneasy about breakouts on Fri afternoon
[14:10] {Threei}  failure rate is, umm
[14:10] {Threei}  indecently high
[14:17] {magoo} i need 200 bux, cant u find me 200 bux ?
[14:17] {larisa} why 200 ?
[14:17] {Threei}  really
[14:18] {larisa} but i agree with magoo, find me 500 :)
[14:22] {strider} HIG hod
[14:23] {dino} ec spike
[14:27] {dino} ioc spike
[14:31] {ese} outta here for the weekend and all of next week.....will be in Whistler golfing....
[14:31] {Threei}  you can't
[14:31] {ese} huh why
[14:31] {Threei}  you must stays and trade
[14:31] {Threei}  stay
[14:32] {ese} your correct i must
[14:32] {Threei}  there
[14:32] {Threei}  I knew you'd realize great error of your ways
[14:32] {ese} yup.....cya in a week
[14:32] {Threei}  sigh
[14:32] {Threei}  have fun :)
[14:32] {Threei}  but remember
[14:32] {ese} take care
[14:33] {Threei}  when magoo starts screaming at me for my week vacation
[14:33] {Threei}  you'll have to defend me
[14:34] {strider} HIG RIMM still climbing
[14:34] {Threei}  some people unhappy with octopus prediction of World Cup winner send death threats to octopus
[14:35] {Threei}  I wanted to add that some poeple are idiots but then realized that ijn this case I'd insult idiots
[14:37] {dino} cya es
[14:38] {Threei}  dino... your dial-up...
[14:39] {magoo} bye ese
[14:39] {Threei}  ese is half way to Whistler, you are just saying good bye
[14:40] {strider} ADM
[14:42] {dino} lol
[14:42] {dino} was doing a lift
[14:43] {magoo} ok vad, now only need $100
[14:43] {magoo} c'mon
[14:43] {dino} rock n roll
[14:43] {nemo} hah, FCX finally does that break above .60
[14:43] {magoo} if u cant get me $100, i quit your room
06[14:43] * Threei slaps magoo around a bit with a large bottle of AntiGreedine
[14:43] {magoo} oh wait........
[14:44] {dino} calx drop
[14:44] {dino} nah
[14:45] {strider} HIG vad?
[14:46] {Threei}  pullback to about .15 - .120, I'd feel much more interested
[14:46] {strider} tks
[14:50] {dino} bidu hl .60 l
[14:55] {dino} out bidu .80, +.20
[14:58] {magoo} $50 bux to go vad...jesus, a little help here (lol)
[15:00] {strider} long HIG .47
[15:00] {Threei}  sigh
[15:01] {Threei}  dino... can I ask you to put your elbow in magoo's ribcage on my behalf? I'll owe you one
[15:01] {dino} sure
[15:01] {Threei}  ty
[15:01] {magoo} ouch,c'mon dino,quit it, OUCH.......
[15:03] {dino} :O
[15:07] {dino} \out itri ave +.15
[15:09] {dino} whr sm s .30
[15:09] {dino} hod bstop
[15:13] {dino} stopped
[15:14] {Threei}  feels like market decided to finish at new highs
[15:14] {Threei}  larisa? what say you?
[15:15] {Threei}  I'll take +70
[15:15] {dino} long way to go
[15:15] {dino} i say negative dji
[15:15] {larisa} lol
[15:15] {Threei}  cool, we have drama
[15:15] {larisa} and I do no tknow :)
[15:15] {Threei}  awww
[15:18] {larisa} I think we will not change much +20/30
[15:19] {nemo} how did Europe close?
[15:19] {dino} stop european in my car
[15:19] {magoo} ok, have good weekend all, ty
[15:19] {nemo} awwwww....that's awful dino
[15:19] {Threei}  oh come on magoo
[15:20] {Threei}  I just thought of a trade for you
[15:20] {nemo} he got his $50
[15:20] {dino} :D
[15:20] {Threei}  ok... never mind
[15:20] {magoo} yup
[15:20] {nemo} slut
[15:20] {magoo} on MY OWN
[15:20] {lasertrev} bye magoo
[15:20] {Threei}  go
[15:21] {Threei}  come Monday, all calls are labaeled: anyopne but magoo
[15:22] {nemo} bidu made a little run
[15:22] {dino} cpts l .69
[15:23] {strider} out HIG +.03...would try the patience of god.
[15:25] {dino} patience is a goddess
[15:25] {nemo} oh my
[15:25] {patience} tell me more
[15:25] {strider} haha!
[15:25] {nemo} hey strider
[15:26] {dino} any gal that trades metals the way you do....
[15:26] {strider} hey nemo
[15:26] {nemo} I think the better metaphor would have been "the patience of Job"
[15:26] {strider} you use your metaphor, I'll use mine.
[15:26] {nemo} which reminds me of a joke:
[15:26] {strider} Else, what's a meta for?
[15:26] {Threei}  uh oh
[15:27] {nemo} what does an insomniac, dyslexic, agnostic do?
[15:27] {larisa} you already told this joke :)
[15:27] {strider} nemo's theory is, they're better with age.
[15:27] {dino} each other
[15:28] {larisa} oh my
[15:28] {nemo} I was afraid of that
[15:29] {nemo} but that was a couple of barrels of vodka ago
[15:29] {dino} whr rinsed
[15:29] {strider} but did it spit?
[15:29] {nemo} Recent sex survey says women like...
[15:29] {nemo} never mind
[15:37] {nemo} Venga me... hasta Lunes
[15:38] {patience} have a good weekend guys.    a modest week for me....finishing it with a Heineken on a friday afternoon   :)
[15:38] {Threei}  nothing's wrong with that
[15:39] {dino} cya nemo
[15:39] {dino} gj patience
[15:39] {dino} runniong light here for week too
[15:40] {dino} typing stinks too
[15:40] {hawk} enjoy the weekend
[15:41] {Threei}  AIG Fitch affirms ratings; revises outlook to Stable from evolving (35.99, +0.48, 1.35%)
[15:42] {dino} cya hawk
[15:42] {Threei}  here comes push for my +70
[15:42] {Threei}  18 min, 18 points left
[15:42] {Threei}  point a minute
[15:43] {larisa} do not forget to distruct yesterday's bet :)
[15:44] {Threei}  now, why would I do that
[15:45] {larisa} yes, you do not need to, we are finishing +30 max
[15:46] {dino} maybe so
[15:53] {lasertrev} ok filks, have a good weekend
[15:54] {Threei}  you too trev
[15:54] {lasertrev} thx:)
[15:54] {strider} see y'all Monday.
[15:54] {Threei}  thank you all
[15:54] {Threei}  have a good evening, see you tomorrow
[15:54] {dino} take care
[15:54] {Threei}  umm
[15:54] {Threei}  correction
[15:54] {Threei}  have a good weekend, see you on Monday
[15:54] {strider} we trading tomorrow?
[15:55] {strider} thought maybe some overtime was coming.
[15:55] {lasertrev} trading crap at a garage sale maybe
[15:56] {dino} out cpts .73, +.04
[15:59] {Threei}  larisa, 10 points left
[15:59] {Threei}  8
[16:00] {dino} later all, thx
[16:01] {Threei}  5
[16:01] {Threei}  oh well
[16:04] {larisa} bye :)