Oct 01 2008
Session Time: Wed Oct 01 00:00:00 2008
[08:21] {magoo> morn
[08:22] {Threei> Good moring
[08:23] {magoo> lord vader
[08:25] {magoo> vad, thoughts for today? i know its early, but u must have idea}}maybe drop n pop?}}}rally ahead of vote
[08:25] {magoo> or down today because of big up yester
[08:25] {Threei> fluid situation
[08:25] {Threei> will be either volatile with each new headline
[08:25] {Threei> or quiet in a wait-and-see way
[08:26] {Threei> I mean, what's the point in forecasts when situation changes minute by minute
[08:26] {Threei> when do they vote again?
[08:26] {Threei> I thought tomorrow?
[08:28] {magoo> or friday
[08:29] {Threei> also, there are reports of alternative plan appearing
[08:42] {magoo> spwra gapper}}news?
[08:43] {Threei> no
[08:43] {Threei> general solar strength
[08:44] {Threei> why did they change symbol?
[08:45] {peterg> moring
[08:45] {peterg> morning
[08:45] {Threei> peter :)
[08:46] {peterg> make $ for me ; I'll be gone for 3 hrs, then back}
[08:46] {peterg> hate to miss best time
[08:47] {Onix> good morning all
[08:47] {Threei> onix :)
[08:53] {esemde> good morning}}}}}}}}}}love the smell of the ocean in the morning
[08:53] {Threei> ese :)
[08:54] {esemde> how bout you vad}}}}you can smell it from your house
[08:54] {Threei> pretty much
[08:56] {esemde> my house blocks the ocean smell from getting to patiences house though}}}}}i'm in the way
[08:57] {Threei> hmmm}}} that's why she is making ropund of calls searching for private buldozer
[08:57] {magoo> is there solar news vad?
[08:57] {Threei> 09/26/08 11:51am
[08:57] {Threei> US House approves tax credits for wind and solar companies
[08:57] {Threei> - Note at current voting levels a supermajority is not possible
[08:57] {Threei> - Reminder it still must go to the Senate
[09:03] {Threei> SPWRA
[09:03] {Threei> AT&T ANNOUNCES PLANS FOR RENEWABLE ENERGY SYSTEM AT ITS RAMON CAMPUS, SPWRA TO INSTALL 1MW SOLAR POWER SYSTEM
[09:06] {GeoArb> gm
[09:06] {Threei> Geo :)
[09:08] {fernp> Good morning
[09:08] {Threei> fern :)
[09:08] {pita> ola all
[09:08] {Threei> pita :)
[09:09] {magoo> short ban scheduled to come off tomorrow unless extended vad
[09:09] {Threei> hopefully they come to their senses
[09:09] {Threei> but honestly, I don't count on it very much
[09:16] {dino> gm all
[09:16] {Threei> dino :)
[09:17] {dino> talking about uptick rule, so hopefully shorts back
[09:19] {dptl> good morning all
[09:19] {hawkfan4> gm all
[09:20] {esemde> Vad is SPWRA a solar company?
[09:22] {Threei> dp, hawk :)
[09:22] {Threei> it's a former SPWR
[09:22] {Threei> not sure why change of symbol
[09:23] {esemde> ahhhh}}}as I look on my solar screen i see that spwr quotes are dead}}}}
[09:23] {dino> ge commercial credit spreads are blowing out this a}m}- kass/real$
[09:23] {esemde> tks}}}
[09:23] {dino> ge-1}30
[09:25] {hawkfan4> Doug Kass
[09:25] {hawkfan4> More Commercial Paper Problems?
[09:25] {hawkfan4> 10/1/2008 8:48 AM EDT
[09:25] {hawkfan4> I am hearing that GE Commercial Credit 5-year CDS spreads are blowing out this morning}
[09:25] {dino> lol hawk, see above
[09:26] {hawkfan4> lol, on the phone, missed that :)
[09:26] {Threei> I don't have clear candidates for the opening
[09:27] {Threei> watching NCC
[09:27] {Threei> GE
[09:28] {dino> epic
[09:28] {dino> buyout 9}50 offer
[09:28] {Threei> ELLIOT OFFERS $9}50/SHR
[09:28] {magoo> spitzer??
[09:29] {dino> hmmm is it a cabaret? like rick
[09:29] {dino> :)
[09:29] {hawkfan4> Elliot from E}T?
[09:33] {GeoArb> }
[09:33] {dino> }}
[09:34] {magoo> }}}
[09:34] {hawkfan4> }}}}
[09:34] {esemde> watching JASO}}}}
[09:37] {esemde> NUAN on the Euphoria screen}}}thats aname that hasn't come up for a while
[09:39] {Threei> Long Setup: C }41 if holding above }30
[09:39] {Threei> invalidated
[09:40] {GeoArb> fierce downward pressure on ES
[09:40] {magoo> looking up word invalidated in pictionary as i go long C lol
[09:40] {GeoArb> wow multitasking magoo
[09:41] {esemde> ESLR geo?
[09:41] {dino> yeah, he's a man of many talents
[09:41] {GeoArb> yes ese? (wondering what to say about ESLR) :)
[09:42] {esemde> i'm still in it}}}}}}
[09:42] {esemde> swing trade}}}}}
[09:43] {GeoArb> you seem to have an affinity for trading ESLR
[09:43] {GeoArb> fav stock?
[09:43] {esemde> 1800 shs avg price 6}27
[09:43] {dino> axys
[09:43] {esemde> no}}}}it's just had the crap beaten out of it like NVDA
[09:44] {esemde> although NVDA has better financials}}}}}}}no debt}}}leaves it lots of room for R&D and a leg up on competetors
[09:44] {dino> wow, you've lost me
[09:44] {esemde> i'm in no huray with those two
[09:45] {esemde> sorry mags}}}}}}
[09:45] {dino> fundamentalist
[09:46] {esemde> how bout}}}}}}}ummm}}}good cookie}}}good cookie!!!
[09:46] {dino> duh!, lol
[09:46] {esemde> i'm not really a fundamentalist anymore}}}}but I think theres a deal there
[09:47] {Threei> Long Setup: GE }61
[09:47] {Threei> }49 stop
[09:49] {esemde> i'm a convert to Vads style}}}}}}}}
[09:49] {dino> axys sm s }05
[09:50] {Threei> stopped
[09:51] {Onix> stopped GE
[09:51] {GeoArb> in }58 out }47
[09:51] {GeoArb> manual stop
[09:52] {esemde> Long SQNM }34
[09:52] {esemde> 1/2
[09:53] {esemde> ya buggar}}}stopped at }20
[09:54] {Threei> Long Setup: NCC 2}11 if stays above 2}05
[09:55] {Threei> C fooled us big time
[09:56] {esemde> ah well}}}thats what stops are for}}}}
[09:56] {hawkfan4> ISM and housing starts in 3 mins
[09:57] {magoo> l rimm }16
[09:58] {dino> eqix fast drop
[09:58] {GeoArb> that sure is a lot of offers being lifted
[10:00] {Threei> AUG CONSTRUCTION SPENDING M/M: 0}0% V -0}5%E
[10:00] {magoo> ouyt }4p0
[10:00] {magoo> naz scaring me
[10:00] {Threei> EPT ISM MANUFACTURING: 43}5 V 49}5E; PRICE PAID: 53}5 V 73}0E
[10:01] {Threei> - Employment Index: 41}8 v 49}7 prior
[10:01] {Threei> - New Orders Index: 38}8 v 48}3 prior
[10:01] {esemde> rimm is gonna gor for you mags if it gets over }60
[10:02] {esemde> spoke too soon
[10:07] {magoo> 10:00] {magoo> ouyt }4p0\
[10:08] {magoo> [10:00] {magoo> naz scaring me
[10:09] {magoo> out}}made like }24 cent
[10:10] {GeoArb> ok tired}}}} trying out OMS module for buy stop on NCC
[10:10] {Threei> lol
[10:10] {GeoArb> NCC playing head games
[10:11] {GeoArb> so speed fixed vad?
[10:11] {GeoArb> in OMS?
[10:11] {magoo> yes
[10:11] {Threei> GE
[10:11] {Threei> COMMENTS THAT FUNDING OF COMMERCIAL PAPER HAS BEEN 'SMOOTH'
[10:11] {Threei> - Note on 9/25 made similiar comments noting no difficulty in funding operations with commercial paper
[10:11] {dino> eqix sm l }90 risky fast
[10:11] {GeoArb> all set up and play presse !
[10:11] {dino> sounds familiar, "all is well"
[10:12] {magoo> need to hit green arrow start
[10:12] {Threei> yeah, scary
[10:12] {GeoArb> play presse !
[10:12] {GeoArb> pressed
[10:12] {GeoArb> wow C
[10:13] {magoo> l aapl }99
[10:16] {magoo> stop }49
[10:16] {magoo> only 300 sh
[10:18] {GeoArb> yeah
[10:18] {GeoArb> NCC nvalid?
[10:18] {Threei> US SENATE BILL HAS REPORTEDLY INCLUDED PROVISIONS TO SUSPEND 'MARK TO MARKET' ACCOUNTING
[10:18] {Threei> - Note this issue was a point of contention among republicans lobbying for its inclusion
[10:18] {Threei> yeah
[10:18] {GeoArb> oh i thought they were offended
[10:18] {GeoArb> by speeches
[10:18] {magoo> l rimm }20
[10:19] {magoo> 300 sh
[10:19] {magoo> stop}64
[10:20] {Threei> Long Setup: C }50 break
[10:20] {Threei> }39 stop
[10:21] {magoo> in C
[10:21] {magoo> oout rim }58
[10:26] {Threei> C 1:1 half out
[10:26] {magoo> aapl stopped blows
[10:26] {Threei> has more potential than scalp
[10:27] {magoo> c u mean
[10:28] {dino> out eqix }55, +}65
[10:28] {Threei> wtg
[10:29] {Threei> CNBC'S FABER: CREDIT WORRIES CIRCULATING AROUND GE THIS MORNING ARE PARTLY DUE TO PROBLEMS AT LONDON'S SIGMA DISCUSSED BY MOODY'S
[10:29] {dino> t sm l }50
[10:31] {Threei> sigh
[10:31] {Onix> stopped C
[10:32] {esemde> L} ASBC }65
[10:33] {dino> cov axys }20,
[10:33] {dino> +}85
[10:33] {Threei> Long Setup: JPM }95 half lot
[10:34] {Threei> stop under }80
[10:34] {esemde> vads gonna kill me for this}}}but I went 3/4 lot}}}}levels are thin}}}}}}
[10:34] {Threei> on what?
[10:35] {esemde> ouch}}}was that a swipe across the ears}}}}}}
[10:35] {Threei> *DOE CRUDE: +4}28M V +3ME; GASOLINE: +901K V -1}8ME; DISTILLATES: -2}36M V -1}3ME;
[10:37] {Threei> US SENATOR SCHUMER: PUBLIC TONE ON RESCUE BILL HAS 'CHANGED', BELIEVES WILL PASS IN HOUSE AND SENATE - CNBC COMMENTS
[10:37] {dino> he must be a partier, being on that "joint" committee
[10:37] {Onix> in JPM @ }95
[10:38] {hawkfan4> lol dino
[10:38] {Threei> come on JPM, take that 48 and go
[10:40] {esemde> out ASBC avg }88 + 23
[10:40] {Threei> gj
[10:41] {dino> ge sm l }50, stop }14
[10:41] {esemde> tks}}}}}}makes up for the }14loss in SQNM
[10:42] {esemde> I'll take my punishment now}}}}}swat across the ears and a "don't do that again if you know whats good for you" lecture
[10:43] {GeoArb> sigh JPM
[10:43] {Threei> what the deuce
[10:43] {GeoArb> any boots vad?
[10:44] {Threei> market just can't raiuse its head
[10:44] {Threei> doesn't believe in bailout passage, or doesn't think anymore it's going to help
[10:46] {dino> maybe realizes this is just a band aid, lots of junk to work thru yet
[10:47] {GeoArb> drat my OMS didnt trigger
[10:47] {Onix> stopped JPM
[10:47] {GeoArb> laserdave around?
[10:48] {GeoArb> error code 3596}}}}}}Rejected}}} advance features on ISLD not allowed
[10:48] {GeoArb> vad}}} when you have time can i compare my settins to yours?
[10:48] {Threei> I don't use OMS
[10:48] {GeoArb> eyeballs?
[10:48] {Threei> I do manual
[10:48] {GeoArb> drat
[10:48] {GeoArb> magoo?
[10:49] {Threei> did you have sell order on positive side enetered as well?
[10:50] {esemde> anyone else using a daily highs type of breakout screen}}}}}}the breakouts are just not working}}}}always big pull backs }}}}case in point , i just about went for CHPD
[10:50] {GeoArb> nope
[10:50] {GeoArb> just the stop at 78
[10:50] {esemde> same as SQNM this morning
[10:50] {GeoArb> it rejected}}} so i punched out manual at 74
[10:50] {Threei> sure you adjusted number of shares to actual position?
[10:50] {Threei> because code number you cite is the one that says no shorting on finnies
[10:51] {Threei> something in how you entered it made system think you tried to short
[10:51] {GeoArb> i was in 500 and had stop 500
[10:51] {GeoArb> but wierdly ISLD error rejected saying 200
[10:51] {esemde> BULL traps}}}}BULL sh}}}}} i think with daily highs
[10:51] {GeoArb> i think i know
[10:52] {GeoArb> i dont think OMS is intelligent it just sends it out}}}}}
[10:52] {GeoArb> anyway}}} will dcc
[10:53] {GeoArb> link for error codes please vad?
[10:53] {Threei> ?
[10:53] {GeoArb> where i can read up
[10:53] {Threei> I've no idea
[10:54] {GeoArb> ok
[10:58] {GeoArb> ok so here is why for those interested}}}}}}
[10:59] {GeoArb> if you have an offer out there then that issue comes up
[10:59] {dptl> Geo}}}i think its something with system today i got same thindg without using oms}}}
[10:59] {GeoArb> you gotta cancel the offer}}}}}
[10:59] {magoo> nasty market vad}}your C and JPM would haveworked
[10:59] {Threei> that's why I asked
[10:59] {GeoArb> its not system
[10:59] {Threei> [10:49] {Threei> did you have sell order on positive side enetered as well?
[10:59] {GeoArb> its the stupid short ban
[10:59] {GeoArb> ok vd thats just too complex
[10:59] {Threei> [10:51] {Threei> something in how you entered it made system think you tried to short
[10:59] {Threei> [10:51] {GeoArb> i was in 500 and had stop 500
[11:00] {Threei> what's complex}}}
[11:00] {GeoArb> you gotta say "child}}}} were you offerring on high?"
[11:00] {GeoArb> :)
[11:00] {Threei> execution of stop order or quick sell order while you have actaul sell order requires shorting
[11:01] {Threei> because it sells and cancels
[11:01] {Threei> shorting is forbidden on these stocks
[11:01] {Threei> thus our order doesn't go through
[11:01] {GeoArb> seeee}}}}} dumbing down works
[11:01] {Threei> that's what I meant when asked, but you said no, so I couldn't diagnose it futher
[11:01] {dptl> i see}}}that makes sense
[11:02] {GeoArb> on the positicve}}}} i thought nope}}} i was negative !!!!
[11:02] {GeoArb> lol
[11:02] {GeoArb> ok my faith in OMS is restored}}}}}
[11:02] {GeoArb> cant say about myself
[11:02] {Threei> why do you need it at all when you are here?
[11:02] {GeoArb> true
[11:02] {Threei> just liking toys or what?
[11:03] {GeoArb> well having a stop
[11:03] {GeoArb> lets me be a little less tense
[11:03] {GeoArb> thats all
[11:03] {GeoArb> but its all good
[11:03] {Threei> frikin C did just what I expected
[11:03] {Threei> just with shakeout first
[11:04] {GeoArb> wierd market
[11:04] {GeoArb> oops}}}}
[11:04] {GeoArb> wrd
[11:06] {dino> lol
[11:06] {dino> get him peter
[11:06] {GeoArb> nope he is out
[11:06] {GeoArb> [06:05] {peterg> make $ for me ; I'll be gone for 3 hrs, then back}
[11:07] {GeoArb> his spelling is poor anyway
[11:07] {GeoArb> (lets see if he reads transcripts)
[11:09] {pita> too much fun guys, gotta go
[11:09] {Threei> yeah, nothing like last two days
[11:09] {dino> fcx sm l }80, wild one
[11:10] {dino> ge stopped -}36
[11:12] {Threei> WSJ: US SENATE BILL WILL TEMPORARILY ALLOW THE FDIC TO BORROW UNLIMITED FUNDS FROM THE US TREASURY, UP FROM $30B CURRENTLY
[11:12] {dino> later pita
[11:12] {Threei> now NCC goes
[11:13] {dino> no sense to anything any more
[11:14] {dino> so}}}}}back to basics
[11:14] {patience> problem with unlimited access to the treasury, aside from the obvious, is all the other unrelated crap that financial institutions will try to bury in it
[11:14] {GeoArb> I am amazed}}}}} 3 page document and trust us
[11:14] {dino> i think thats the idea
[11:14] {GeoArb> thats all they had
[11:16] {Threei> 'long qid }91
[11:16] {Threei> Long Setup: QID }91
[11:16] {Threei> stop }82
[11:17] {GeoArb> stopped
[11:17] {Threei> why did I wake up today?
[11:18] {hawkfan4> your alarm clock went off?
[11:18] {magoo> to slap magoo?
[11:19] {hawkfan4> to get annoyed by hawk and magoo?
[11:19] {dino> reversal me and you vad
[11:19] {magoo> to BE slapped by magoo?
[11:20] {magoo> and hawk?
[11:20] {magoo> u first hawkman
[11:20] {hawkfan4> i don't know, i kinda scared
06[11:20] * Threei slaps laserdave1 around a bit with a large trout
[11:20] {magoo> its easy and fun}}go ahead}}do it
[11:21] {laserdave1> nice oneeeeeee
06[11:21] * magoo slaps laserdave1 around a bit with a large trout
06[11:28] * Chaeron slaps laserdave1 around a bit with a large trout
06[11:28] * magoo slaps laserdave1 around a bit with a large trout
06[11:28] * magoo slaps laserdave1 around a bit with a large trout
06[11:28] * magoo slaps laserdave1 around a bit with a large trout
[11:29] {dino> eqix sm l }90
[11:33] {GeoArb> vad retired to tibet?
[11:34] {Threei> years ago
06[11:35] * magoo slaps Threei around a bit with a large trout
[11:35] {GeoArb> but why? the dalai lama is out of town!!
[11:35] {Threei> what do I care
[11:35] {Threei> he smiles too much for my taste
[11:35] {GeoArb> lol
06[11:35] * magoo slaps Threei around a bit with a large trout
[11:37] {Threei> JASO
[11:37] {Threei> REAFFIRMS 2009 GUIDANCE
[11:40] {Threei> sh*t
[11:41] {GeoArb> short?
[11:41] {Threei> look at NCC 1 min
[11:41] {Threei> took 5K at }23, got fill at the bid
[11:42] {Threei> fed it into buying for a nice scalp
[11:42] {Threei> then looked at it again}}}
[11:42] {Threei> sold under }30, so you know why the expletive
[11:42] {GeoArb> any comments magoo?
[11:43] {Threei> WHITE HOUSE: THE FINANCIAL BAILOUT BILL HAS BEEN CHANGED IN A WAY THAT INCREASES ITS CHANCES FOR PASSAGE
[11:51] {magoo> u know}}}its starting to feel like the mkt doesn't give a sh@t about passage anymore
[11:51] {magoo> a sucker pop}}}and crush everyone but shorts
[11:52] {magoo> that would be a real death blow
[11:52] {Threei> that was the plan even last week
[11:52] {Threei> even moreso now
[11:52] {magoo> gggggggrrrrrrrrrrrrrrrrrrrrrrrrrrrr}}}how am i supposed to remember that i ask u?????????????
[11:52] {magoo> i thought i just thought of it
[11:52] {magoo> he he
[11:53] {Threei> here is news flash for you mags:
[11:53] {Threei> last time you also thought you just thought that
[11:57] {Threei> C makes me crying
[11:57] {Threei> feel like crying
[12:01] {dino> out fcs }70,
[12:01] {dino> =}90
[12:01] {dino> +
[12:01] {hawkfan4> nice
[12:02] {dino> ty
[12:03] {dino> worst thing that happened, imo, is the 500 pt run yesterday
[12:04] {Threei> can you believe these numbers:
[12:04] {Threei> F
[12:04] {Threei> REPORTS SEPT US VEHICLE SALES -34}6% V -26%E (UNADJUSTED BASIS); SALES TOTALED 117K UNITS, LOWEST SALES IN A MONTH THIS YEAR
[12:05] {dino> vari drop
[12:05] {hawkfan4> unreal
[12:05] {dino> they will be marking 50% off new cars
[12:07] {Chaeron> abk
[12:11] {magoo> got appt}}be back hour
[12:12] {Threei> WB catching up with the rest it seems
[12:12] {hawkfan4> just getting an order ready for WB
[12:12] {Threei> missed }27
[12:13] {hawkfan4> me too
[12:14] {Chaeron> anyone get abk?
[12:15] {patience> no, but my gold options shot up while i was in the kitchen washing dishes
[12:15] {GeoArb> :)
06[12:15] * Chaeron asks Vad for directions to monastary
[12:15] {GeoArb> geo{-off to wash dishes
[12:18] {GeoArb> have fun all}}}} in the red today
[12:18] {GeoArb> bye
[12:18] {dino> out eqix }90, +1}00
[12:18] {hawkfan4> cya geo
[12:18] {Threei> take care Geo
[12:18] {peterg> bye geo; have important spelling announcement to make
[12:18] {dino> cya geo
[12:18] {GeoArb> lol
[12:18] {Threei> NCC looks like break of }50 coming
[12:18] {dino> hmmmm
[12:19] {peterg> Went to compulsive speller's rehab workshop and learned that every wat that
[12:19] {peterg> communicates is good} So Im sorry
[12:19] {peterg> every way
[12:19] {GeoArb> air hug
[12:19] {peterg> tks
[12:19] {dino> ge last try }50 l
[12:19] {dino> eqix been very good to me
[12:29] {Threei> sheesh ABK
[12:29] {hawkfan4> holy cow, that's a mover
[12:29] {Chaeron> feel free to exit}}} oh wait}}} noone took it}}
[12:29] {Chaeron> lol
[12:30] {hawkfan4> lol
[12:30] {Threei> finally nailed WB for 6 cents
[12:30] {Threei> lol, too soon out
[12:30] {Threei> on big lots every cent is valuable
[12:31] {Threei> jeez
[12:32] {dino> rallllly
[12:32] {Threei> trying to hold NCC
[12:32] {Threei> tough, I ahve to admit :)
[12:33] {dino> vari sm l }15
[12:34] {dino> t stop to }90
[12:35] {Threei> ok, out NCC 2}61
[12:35] {Threei> 11 cents
[12:35] {Threei> anyone went for that break?
[12:35] {patience> sorry, went and dried the dishes
[12:36] {hawkfan4> still in from }11 ;)
[12:36] {Threei> jeez
06[12:36] * Threei slaps hawkfan4 around a bit with a large trout
[12:37] {Chaeron> ABK
[12:37] {Chaeron> is it done
[12:37] {Threei> no way to tell
[12:37] {Threei> pure momo play
[12:37] {hawkfan4> 1/2 out NCC }62
[12:37] {Threei> no technicals to it
[12:38] {dino> out t }05 +}55
[12:40] {hawkfan4> out rest }61
[12:40] {dino> gj
[12:40] {Threei> wtg
[12:40] {hawkfan4> thx for the heads up vad :)
[12:40] {Threei> huge
[12:40] {hawkfan4> went big too
[12:40] {Threei> considering amount of shares to play on it
[12:45] {Threei> CNBC'S LIESMAN: HOUSE STAFFER SAYS THE HOUSE WILL NOT VOTE ON THE BAILOUT BILL BEFORE FRIDAY
[12:46] {hawkfan4> geesh, wasn't it supposed to be tonight?
[12:48] {Threei> WILL NOT BRING BILL UP FOR A VOTE UNTIL LEADERSHIP BELIEVES IT HAS THE VOTES TO PASS
[12:52] {Threei> so markwet was dropping while thinking vote would be tonight
[12:52] {Threei> and soares now when it's postponed?
[12:52] {dino> oiut ge }90 +}40
[12:52] {hawkfan4> i think they said that last night, that the vote would take place Wed night at 9 pm et
[12:52] {Threei> if that's how market takes it, I'd suggest to take it odff agenda at all
[12:53] {Threei> and watch market spiking 2K points
[12:53] {Threei> don't look at NCC hawk
[12:53] {hawkfan4> lol, too late
[12:54] {hawkfan4> still in WB, so some consolation
[12:54] {Threei> I don't know where you find patience for such holds
[12:54] {Threei> no way I'd sit on 5-19K of NCC since 2}11
[12:55] {Threei> 5-10K
[12:55] {hawkfan4> i just keep my finger on the button pretty much} thought it would top out around }60
[13:00] {Raven> the HOUSE will vote tonight }}} the SENATE not before Friday }}} this is not news
[13:00] {Threei> oh boy
[13:01] {hawkfan4> ah, thx Raven
[13:01] {Raven> yw
[13:02] {Raven> question is }}} will they both be voting on the same bill
[13:02] {Raven> I doubt it
[13:02] {Raven> then the house and senate will bicker
[13:02] {Raven> over the weekend
[13:02] {Threei> as if we were not confused enough
[13:03] {Raven> lol
[13:03] {Raven> really does not matter if your trades last no more than 11 seconds
[13:04] {cosmo> }}}down from 11 days back in the day
[13:05] {Raven> those were the days
[13:06] {cosmo> telephone ruled real time
[13:11] {Raven> lol }}} yup
[13:13] {Chaeron> Hi Raven}}} sorry, was getting my quotes from my ticker-tape :)
[13:17] {peterg> hard off wall street in the sixties was Delmonico's a fabulous steak house} On entering, there was a beautiful ticker clicking away}}}
[13:17] {dino> shld
[13:18] {Threei> NBC'S GASPARINO: SOURCES SAY SEC STAFF LIKELY TO EXTEND SHORT SELLING BAN ON EVERYTHING BUT CONVERTIBLE PREFERRED SHARES
[13:18] {Threei> - extension likely today or early tomorrow; Gasparino expects the ban to be extended 10 business days to Oct 17}
[13:18] {Threei> - note: under its emergency authority the SEC can extend the ban for an additional 20 business days beyond the intial 10 day ban}
[13:19] {Chaeron> peter}}} I want one of those :)
[13:19] {peterg> steak or ticker?
[13:19] {Chaeron> both :)
[13:19] {peterg> good plan
[13:19] {cosmo> i want the 60's
[13:19] {peterg> even better
[13:20] {Chaeron> cosmo}}} you just want the drugs, sex and rock and roll
[13:20] {dptl> lol
[13:20] {cosmo> no, no }}}} just knowing what i know now
[13:21] {cosmo> 'bout sports and stuff}}}
[13:21] {Chaeron> oh sure}}} pick one long shot and bet the farm? lol
[13:22] {Raven> lol Chaeron }}} you can buy old tickers on EBay
[13:22] {Chaeron> the tick?
[13:22] {Chaeron> they tick?
[13:22] {Raven> yes }}} I doubt that the data feed exists tho :)
[13:22] {cosmo> 20 min} delay }}}sorry
[13:23] {Threei> lol
[13:23] {Raven> lol
[13:23] {Threei> got any url raven?
[13:23] {dptl> lol
[13:23] {Threei> NCC new high}}} is it for real?
[13:23] {Chaeron> when I get wealthy I'll get one}}} Thanks Raven}}} then I'll invite you over for a cigar and cognac as we stand around it in stuffy suits with spats and monocles :)
[13:23] {Raven> I looked up once on EBay
[13:23] {Raven> there were a few offered
[13:23] {Raven> no URL
[13:23] {hawkfan4> yep, something got into the little banks, BBX took off
[13:24] {Raven> lol }}} Chaeron }}} cigars stink and I don't own a frickin suit
[13:24] {Raven> cognac is another matter :)
[13:24] {Chaeron> yeah}}} like I own spats too}}}}}}}}
[13:25] {Raven> I thought spats were some kind of Californeeeeeeeeeee salad
[13:26] {Raven> or maybe noodles
[13:26] {Chaeron> naaaa}}} those white coverings for your shoes?
[13:27] {Raven> not for my shoes }}}
[13:27] {peterg> $3295}00 for actual scale reproduction of Unger Stock Ticker
[13:27] {Chaeron> ok} Birkenstocks
[13:27] {Raven> there ya go
[13:27] {peterg> see stocktickercompany}com
[13:28] {Raven> lol Ch
[13:28] {peterg> Raven, nothing on ebay at moment, alas
[13:29] {Raven> you have to keep checking
[13:31] {Threei> (FR) FINANCE MINISTER LAGARDE DENIES REPORTS OF A €300M BAILOUT PLAN; SAYS THAT FIGURE DID NOT COME FROM HER
[13:31] {Threei> party pooper
[13:31] {magoo> back
[13:42] {Threei> quite listless day
[13:42] {Threei> except small scalps on huge shares on these small buggers, nothing worked
[13:43] {Threei> GE
[13:43] {Threei> HALTED: NEWS PENDING
[13:43] {Threei> O
[13:43] {Threei> U
[13:43] {Threei> C
[13:43] {Threei> H
[13:43] {Chaeron> QID
[13:43] {Threei> yes
[13:44] {Chaeron> well, was good for a millisecond}}}}}}}}}
[13:44] {peterg> U in ge vad?
[13:44] {Threei> GE
[13:44] {Threei> HALTED: NEWS PENDING
[13:45] {hawkfan4> GE General Electric Announces Common Stock Offering; Warren Buffett Announces Investment in GE (23}63 -1}87) -Update-
[13:45] {hawkfan4> }}}(stock halted)
[13:45] {Chaeron> mkt likes
[13:46] {peterg> Warrem is the new whats his name, who saved mkts and banks turn of century
[13:46] {dino> ivgn sm l }42
[13:46] {Threei> seems to me not much reason for such enthusiasm
[13:46] {Threei> especially since no one knows what price and terms
[13:47] {peterg> War-ren, War-ren !!
[13:47] {Threei> lol
[13:48] {laserdave1> was there news
[13:49] {laserdave1> or just ge halted
[13:49] {laserdave1> i think its halted pending bankruptcy
[13:49] {Threei> ANNOUNCES $12B COMMON STOCK OFFERING, WARREN BUFFETT ANNOUNCES INVESTMENT, REAFFIRMS FY08 EPS GUIDANCE ISSUED LAST WEEK
[13:49] {Threei> - The underwriters will have a 30-day option to purchase shares representing an additional 15%of the offering amount from GE to cover over allotments, if any}
[13:49] {Threei> - Reached agreement to sell $3B of perpetual pr
[13:49] {laserdave1> hahahhahahahahha
[13:49] {laserdave1> jsut kidding
[13:49] {laserdave1> lol
[13:49] {Threei> - Reached agreement to sell $3B of perpetual preferred stock in a private offering to Berkshire Hathaway, Inc} The perpetual preferred stock has a dividend of 10% and is callable after three years at a 10% premium} In conjunction with this offering, Berkshire Hathaway will also receive warrants to purchase $3B of common stock with a strike price of $22}25 per share, which is exercisable at any time for a five-year term}
[13:49] {laserdave1> so that means buffet likes them
[13:50] {Threei> REPORTS SEPT US VEHICLE SALES -15}8% V -30%E (UNADJUSTED BASIS)
[13:50] {Threei> GM
[13:51] {laserdave1> long }50 out }57
[13:51] {laserdave1> thanks Vad
[13:51] {laserdave1> appreciate it
[13:51] {laserdave1> just 500 shares
[13:51] {laserdave1> quick 35 from Vaddy with a bow and eveything
[13:51] {dino> wow ge has to pay 10% , ouch} they must be in some sh#t
[13:53] {magoo> almost looks like doug kass had insider info
[13:53] {patience> good point magoo
[13:55] {dino> so, is the junk from the jack welsch days
[14:00] {dino> cracks me up, they all were buying their stock back hand over fist 100% higher, and now issuing 50% lower} pretty much backwards} seems to me the buybacks have wasted alot of money
[14:02] {dino> oh, and lets not forget, we pay the ceo's etc and boards big bucks for these moves
[14:02] {dino> my daily rant
[14:03] {Threei> do I read this right?
[14:03] {Threei> TM
[14:03] {Threei> REPORTS SEPT US TOTAL VEHICLE SALES -32}3%, AT 144K UNITS V 213K YEAR AGO
[14:04] {hawkfan4> 13:44 TM Toyota Motor sales decline was 32}3%, based on company data- Bloomberg (84}13 -1}78) -Update
[14:04] {Threei> I thought Toyota was gloating that they were immune
[14:05] {hawkfan4> nobody gets out alive
[14:05] {dino> no, tm has been cutting back since spring
[14:06] {dino> the p/u trucks are way off
[14:07] {Threei> waiting for Nissan report
[14:07] {Threei> they were up 12% last report
[14:07] {dino> i think they are doing well
[14:08] {cosmo> the toyota way, i think
[14:08] {dino> ge begging from buffet}}}}i can't get over that
[14:10] {hawkfan4> USO 80 break short vad?
[14:12] {Threei> hard to tell
[14:13] {Threei> NCC again
[14:15] {hawkfan4> Short USO }28, stop }45
[14:15] {hawkfan4> small
[14:16] {Threei> SENATE MINORITY LEADER MCCONNELL: EXPECTS THE FINANCIAL BAILOUT BILL TO PASS THE SENATE TONIGHT
[14:17] {patience> listening to politicians explain how 'main' street, not 'wall street' is in trouble}}}reminds me of the talk few years ago about 'weapons of mass destruction' and how immediate decisions had to be made on faith
[14:17] {patience> i shouldn't watch it}}}}
[14:19] {Threei> joined you on this spike hawk
[14:20] {Threei> and covered }75
[14:20] {Threei> mags}}} USO became shirtable
[14:21] {Threei> shortable
[14:21] {hawkfan4> nice :) i'm holding my nose and looking for under 79
[14:21] {magoo> reallyy
[14:24] {dptl> wheuu}}}turns out to be not a bad day}}}:) got to go}}}}have a good evening all:)
[14:24] {Threei> what did you scalp dp?
[14:24] {Chaeron> see ya dp
[14:25] {Threei> a few NCC scalps took me in green
[14:25] {Threei> but overall, not delighted with today
[14:26] {dptl> tsn,mkc,cpb,tol,hpq, }}}}
[14:26] {dptl> all earlier
[14:26] {Threei> US TREASURY'S MCCORMICK ESTIMATES ASSET PURCHASES COULD BEGIN "WITHIN WEEKS, NOT MONTHS" - CNBC INTERVIEW
[14:26] {Threei> {XLF>
[14:26] {Threei> sharp down NCC
[14:29] {dino> cya dp
[14:29] {Threei> reshorted USO on bounce
[14:30] {Threei> let's see if we get that under 79 :)
[14:30] {Threei> Nissan too
[14:30] {Threei> REPORTS US SEPT SALES -36}8%
[14:31] {Threei> BMW
[14:31] {Threei> REPORTS SEPT US AUTO SALES -25}8% TO 18,500 UNITS
[14:31] {Threei> what a carnage
[14:32] {dino> wow
[14:34] {Threei> Honda
[14:34] {Threei> REPORTS SEPT US VEHICLE SALES -24%
[14:35] {Threei> destruction
[14:37] {dino> zion
[14:38] {hawkfan4> NQ long 1573, stop 1569}50 small
[14:41] {Threei> good entry
[14:41] {Threei> want a scalp or rally?
[14:41] {hawkfan4> rally, needs 1580 break
[14:41] {Threei> you are over 1:1 here
[14:47] {Threei> oh boy}}} die already USO
[14:48] {Threei> here is your 80 break hawk
[14:48] {hawkfan4> here we go
[14:49] {dino> gj
[14:49] {Threei> NCC is looking to break 3
[14:49] {hawkfan4> thx
[14:53] {magoo> what are u in??
[14:54] {magoo> and where?
[14:54] {Threei> gosh
[14:54] {Threei> who woke him up?
[14:54] {Threei> NCC was just a scalp
[14:54] {Threei> USO still holdng short from }69
[14:54] {Threei> stop is }75 now
[14:55] {magoo> sorry}}was in my own stuff
[14:55] {magoo> i only have 2 eyes}}u mutant lol
[14:55] {Threei> lol
06[14:55] * Threei slaps magoo around a bit with a large trout
[14:56] {magoo> YEEEEEESSSSSSSSSSSS
[14:57] {magoo> vad}}the question?
[15:01] {Threei> really can't tell
[15:02] {Threei> too jerky out there
[15:03] {dino> downnnnnnnnnnnnnnnnnnn
[15:03] {dino> out of fear that the bill fails tonight
[15:04] {dino> or just because
[15:04] {dino> i'm so glad we pay ceo of ge so much money
[15:05] {peterg> they so much better than us folk; they deserve the chuncks of cash
[15:06] {peterg> we should let them walk on us at all times and be grateful they are among us
[15:06] {dino> indeed
[15:07] {patience> patience biting her tongue now
[15:07] {peterg> carelul
[15:08] {peterg> ful
[15:09] {Threei> US PRES BUSH REPORTEDLY EXPRESSES CONFIDENCE IN THE SENATE TO PASS THE BAILOUT PACKAGE
[15:09] {Threei> ummm
[15:09] {peterg> yah georgie
[15:12] {GeoArb> heya }} anything left for me?
[15:13] {Threei> hmmm
[15:13] {magoo> dubya seems very confident this time
[15:14] {Threei> it seems unlikely they would fail it again}}} but then again, it didn't seem likely last time around either
[15:14] {peterg> dubya always confident
[15:15] {Chaeron> I have a question: if the govt owns the loan of a private house, they in effect own the house, right? So can they tell us what to do IN that house?
[15:15] {GeoArb> govt owns the house anyway
[15:15] {GeoArb> its called property tax}}} try not paying :)
[15:15] {Chaeron> or NOT do? (ie: smoke?)
[15:15] {peterg> problay not any more than usual
[15:15] {cosmo> not cigarettes tho
[15:16] {peterg> limit interesting experiences to boring ones
[15:16] {Threei> chaeron}}} ever heard word "propiska"?
[15:17] {GeoArb> you still have that in china
[15:17] {Chaeron> no Vad
[15:17] {peterg> shto etta?
[15:17] {cosmo> bladder drug?
[15:17] {Threei> http://en}wikipedia}org/wiki/Propiska
[15:18] {Threei> prety much answers your question
[15:18] {GeoArb> dont scare me vad or ill end up being your neighbour
[15:19] {GeoArb> my residency in canada still valiid till dec
[15:19] {peterg> so far, us peeps can travel and live without let or hindrance
[15:19] {peterg> wife dual us / canada; she
[15:19] {peterg> will tke me with her
[15:19] {peterg> maybe
[15:19] {GeoArb> peter you in MINN
[15:19] {peterg> yes
[15:19] {GeoArb> tha IS canada
[15:19] {peterg> true true
[15:19] {Threei> US SEN SHELBY: OPPOSE BILL BECAUSE OPPOSES BASIC PREMISE - CNBC COMMENTS
[15:19] {GeoArb> lol
[15:20] {Threei> there you go
[15:20] {Threei> circus starts again
[15:20] {cosmo> with global warming, we wont need houses anyway}}
[15:20] {peterg> grass huts and mai tais
[15:20] {GeoArb> my friend but a 100k house in bali on the beach
[15:20] {GeoArb> beautifull
[15:21] {peterg> love bali
[15:21] {GeoArb> now i gotta be nice to him
[15:21] {peterg> denpesar
[15:21] {magoo> vad}}up down from here?????????????
[15:22] {GeoArb> come vad !!!
[15:22] {GeoArb> i wanna be green
[15:22] {Threei> tell me what next headline says, and I'll tell you what market does after it
[15:22] {Onix> me too
[15:22] {GeoArb> -335 for day}}}}}
[15:22] {GeoArb> gotta buy new shoes !!!
[15:22] {GeoArb> no pressure
[15:22] {dino> lol peter
[15:23] {peterg> Official says off record deal may not go!
[15:23] {peterg> market go}}}}
[15:23] {dino> vari stopped }30, +}15
[15:25] {hawkfan4> that was wild, NCC was offered at }75 and was trading there, but i sold }89
[15:25] {Threei> lol
[15:25] {dino> eqix sm l }14
[15:26] {Threei> when was it hawk?
[15:26] {hawkfan4> 4 minutes ago
[15:26] {Threei> ok}}} your quotes are off
[15:26] {Threei> it never went that low
[15:27] {hawkfan4> ah, wierd} The offer was }75 on IB, and esig shows it traded down there too
[15:27] {Threei> 2}84 the lowest it went
[15:28] {hawkfan4> hmmm} yep, something is off here}
[15:29] {Threei> US SEN SHELBY: STILL OPPOSE BILL BECAUSE OPPOSES BASIC PREMISE, SURE BAILOUT BILL WILL PASS IN SENATE, SKEPTICAL ABOUT ITS IMPACT LONG RUN - CNBC COMMENTS
[15:29] {Threei> now, here is disastrous scenario:
[15:29] {Threei> bill passes, and doesn;'t help
[15:29] {Threei> what's next, one more bailout?
[15:30] {peterg> isnt that the cosmic vibration, that it wont work
[15:31] {peterg> we need a recession for some reason, to relearn differentiation between bs and reality
[15:31] {peterg> maybe
[15:31] {peterg> dont know of course
[15:31] {Threei> recession, OK
[15:31] {Threei> it's depression that scares the living daylight out of me
[15:32] {peterg> right dont want 25 % unemployed
[15:32] {GeoArb> so uk goceries have brought in classic cuts
[15:32] {GeoArb> offal tripe
[15:32] {GeoArb> trotters etc
[15:32] {peterg> we have to eat weird stuff?
[15:33] {GeoArb> no they are trying to help out the lower earning people with their stews i guess
[15:33] {peterg> in recession
[15:33] {peterg> good point; bring on the okra
[15:33] {GeoArb> HAHAHAHA
[15:33] {peterg> hope not offending too many
[15:33] {GeoArb> dude thats what i eat on a normal day so i guess I am ok
[15:33] {peterg> havent had it since I left the south
[15:34] {peterg> long time ago
[15:36] {GeoArb> you might even ave to eat vegetables :)
[15:36] {Threei> Nooooo
[15:36] {peterg> no dessert then
[15:37] {GeoArb> recession desset honeydew jelly
[15:38] {dino> out eqix }54, +}40
[15:39] {Threei> NCC acts as bailout passes
[15:42] {Threei> look for scalp entry near 3
[15:42] {GeoArb> late :(
[15:43] {Threei> try to offer 3}16 - 3}20 area if you got it
[15:43] {dino> fcx sm l }75
[15:43] {Threei> CONGRESSMAN HOYER: EXPECT TO CONSIDER THE BAILOUT BILL IN THE HOUSE ON FRIDAY IF THE SENATE VOTE GETS MAJORITY BIPARTISAN SUPPORT TONIGHT
[15:45] {dino> imcl
[15:46] {magoo> they better not break my goog trade just now bastards lol
[15:47] {hawkfan4> well vad, doesn't look promising for USO under 79} Can i say that i meant }79?
[15:47] {Threei> yeah, I'll take it
[15:47] {hawkfan4> cool, thx
[15:48] {dino> out ivgn }08, +}06
[15:48] {dino> fcx stop to }90
[15:49] {GeoArb> anyone in NCC?
[15:49] {magoo> eli lilly mistery bidder 70
[15:49] {dino> out fcx }90, +}15
[15:49] {magoo> bux per sh
[15:50] {Threei> PIMCO'S EL-ARIAN: THE $700B PRICETAG OF THE BAILOUT BILL IS NECESSARY, BUT IS NOT SUFFICIENT
[15:50] {Threei> eeck
[15:50] {dino> l }00 imcl sm
[15:51] {magoo> vad}}why would imcl not go to 70?
[15:52] {Threei> no idea
[15:53] {magoo> man}}}}u JUST won't thro magoo a bone
[15:53] {magoo> ,make something up}}}i'm a dumbass}}will believe
[15:54] {Threei> 'cause cosmic rays enter atmosphere under sharp angle
[15:54] {magoo> oh}}}ok
[15:54] {magoo> makes sence
06[15:54] * Threei discovers new ways of life
[15:55] {peterg> Immelt and Welsh to donate all to GE, live in grass huts in Bali} Stock halted pending enormous uptick}
[15:56] {dino> cbsh
[15:57] {Chaeron> hmmmm}}} do those huts come with pretty island girls?
[15:57] {patience> no chaeron, pool boys
[15:58] {magoo> patience}he he
[15:59] {magoo> dino was a male dancer for just one nihgt
[15:59] {magoo> like a chip-n-dale
[15:59] {patience> dino, you sly dog
[15:59] {dino> out imcl }40, +}40
[16:00] {dino> ty magoo, i'll buy the 1st round
[16:00] {Threei> Ok guys, not a stellar day for a change
[16:00] {dino> ty all, very good day for me
[16:00] {Threei> lol
[16:00] {magoo> vad rocked vad
[16:00] {dino> 12/13
[16:00] {magoo> 5 times daily
[16:00] {hawkfan4> great day here too
[16:00] {dino> 2+x's
[16:00] {Threei> :)
[16:00] {Threei> have a good evening, see you tomorrow
[16:01] {hawkfan4> thx vad
[16:01] {peterg> c u!
[16:01] {fernp> good evening} see you tomorrow
[16:01] {Chaeron> patience}}} cabana boys for you}}}} pretty island girls for me
[16:02] {patience> sounds good to me
[16:02] {dino> gj hawk
[16:02] {magoo> HAWK}}u dog
[16:02] {hawkfan4> thx dino, you too, and mags :)
[16:02] {magoo> um, bird
[16:02] {hawkfan4> lol
[16:03] {dino> lol
[16:06] {magoo> NCC dropping now
[08:21] {magoo> morn
[08:22] {Threei> Good moring
[08:23] {magoo> lord vader
[08:25] {magoo> vad, thoughts for today? i know its early, but u must have idea}}maybe drop n pop?}}}rally ahead of vote
[08:25] {magoo> or down today because of big up yester
[08:25] {Threei> fluid situation
[08:25] {Threei> will be either volatile with each new headline
[08:25] {Threei> or quiet in a wait-and-see way
[08:26] {Threei> I mean, what's the point in forecasts when situation changes minute by minute
[08:26] {Threei> when do they vote again?
[08:26] {Threei> I thought tomorrow?
[08:28] {magoo> or friday
[08:29] {Threei> also, there are reports of alternative plan appearing
[08:42] {magoo> spwra gapper}}news?
[08:43] {Threei> no
[08:43] {Threei> general solar strength
[08:44] {Threei> why did they change symbol?
[08:45] {peterg> moring
[08:45] {peterg> morning
[08:45] {Threei> peter :)
[08:46] {peterg> make $ for me ; I'll be gone for 3 hrs, then back}
[08:46] {peterg> hate to miss best time
[08:47] {Onix> good morning all
[08:47] {Threei> onix :)
[08:53] {esemde> good morning}}}}}}}}}}love the smell of the ocean in the morning
[08:53] {Threei> ese :)
[08:54] {esemde> how bout you vad}}}}you can smell it from your house
[08:54] {Threei> pretty much
[08:56] {esemde> my house blocks the ocean smell from getting to patiences house though}}}}}i'm in the way
[08:57] {Threei> hmmm}}} that's why she is making ropund of calls searching for private buldozer
[08:57] {magoo> is there solar news vad?
[08:57] {Threei> 09/26/08 11:51am
[08:57] {Threei> US House approves tax credits for wind and solar companies
[08:57] {Threei> - Note at current voting levels a supermajority is not possible
[08:57] {Threei> - Reminder it still must go to the Senate
[09:03] {Threei> SPWRA
[09:03] {Threei> AT&T ANNOUNCES PLANS FOR RENEWABLE ENERGY SYSTEM AT ITS RAMON CAMPUS, SPWRA TO INSTALL 1MW SOLAR POWER SYSTEM
[09:06] {GeoArb> gm
[09:06] {Threei> Geo :)
[09:08] {fernp> Good morning
[09:08] {Threei> fern :)
[09:08] {pita> ola all
[09:08] {Threei> pita :)
[09:09] {magoo> short ban scheduled to come off tomorrow unless extended vad
[09:09] {Threei> hopefully they come to their senses
[09:09] {Threei> but honestly, I don't count on it very much
[09:16] {dino> gm all
[09:16] {Threei> dino :)
[09:17] {dino> talking about uptick rule, so hopefully shorts back
[09:19] {dptl> good morning all
[09:19] {hawkfan4> gm all
[09:20] {esemde> Vad is SPWRA a solar company?
[09:22] {Threei> dp, hawk :)
[09:22] {Threei> it's a former SPWR
[09:22] {Threei> not sure why change of symbol
[09:23] {esemde> ahhhh}}}as I look on my solar screen i see that spwr quotes are dead}}}}
[09:23] {dino> ge commercial credit spreads are blowing out this a}m}- kass/real$
[09:23] {esemde> tks}}}
[09:23] {dino> ge-1}30
[09:25] {hawkfan4> Doug Kass
[09:25] {hawkfan4> More Commercial Paper Problems?
[09:25] {hawkfan4> 10/1/2008 8:48 AM EDT
[09:25] {hawkfan4> I am hearing that GE Commercial Credit 5-year CDS spreads are blowing out this morning}
[09:25] {dino> lol hawk, see above
[09:26] {hawkfan4> lol, on the phone, missed that :)
[09:26] {Threei> I don't have clear candidates for the opening
[09:27] {Threei> watching NCC
[09:27] {Threei> GE
[09:28] {dino> epic
[09:28] {dino> buyout 9}50 offer
[09:28] {Threei> ELLIOT OFFERS $9}50/SHR
[09:28] {magoo> spitzer??
[09:29] {dino> hmmm is it a cabaret? like rick
[09:29] {dino> :)
[09:29] {hawkfan4> Elliot from E}T?
[09:33] {GeoArb> }
[09:33] {dino> }}
[09:34] {magoo> }}}
[09:34] {hawkfan4> }}}}
[09:34] {esemde> watching JASO}}}}
[09:37] {esemde> NUAN on the Euphoria screen}}}thats aname that hasn't come up for a while
[09:39] {Threei> Long Setup: C }41 if holding above }30
[09:39] {Threei> invalidated
[09:40] {GeoArb> fierce downward pressure on ES
[09:40] {magoo> looking up word invalidated in pictionary as i go long C lol
[09:40] {GeoArb> wow multitasking magoo
[09:41] {esemde> ESLR geo?
[09:41] {dino> yeah, he's a man of many talents
[09:41] {GeoArb> yes ese? (wondering what to say about ESLR) :)
[09:42] {esemde> i'm still in it}}}}}}
[09:42] {esemde> swing trade}}}}}
[09:43] {GeoArb> you seem to have an affinity for trading ESLR
[09:43] {GeoArb> fav stock?
[09:43] {esemde> 1800 shs avg price 6}27
[09:43] {dino> axys
[09:43] {esemde> no}}}}it's just had the crap beaten out of it like NVDA
[09:44] {esemde> although NVDA has better financials}}}}}}}no debt}}}leaves it lots of room for R&D and a leg up on competetors
[09:44] {dino> wow, you've lost me
[09:44] {esemde> i'm in no huray with those two
[09:45] {esemde> sorry mags}}}}}}
[09:45] {dino> fundamentalist
[09:46] {esemde> how bout}}}}}}}ummm}}}good cookie}}}good cookie!!!
[09:46] {dino> duh!, lol
[09:46] {esemde> i'm not really a fundamentalist anymore}}}}but I think theres a deal there
[09:47] {Threei> Long Setup: GE }61
[09:47] {Threei> }49 stop
[09:49] {esemde> i'm a convert to Vads style}}}}}}}}
[09:49] {dino> axys sm s }05
[09:50] {Threei> stopped
[09:51] {Onix> stopped GE
[09:51] {GeoArb> in }58 out }47
[09:51] {GeoArb> manual stop
[09:52] {esemde> Long SQNM }34
[09:52] {esemde> 1/2
[09:53] {esemde> ya buggar}}}stopped at }20
[09:54] {Threei> Long Setup: NCC 2}11 if stays above 2}05
[09:55] {Threei> C fooled us big time
[09:56] {esemde> ah well}}}thats what stops are for}}}}
[09:56] {hawkfan4> ISM and housing starts in 3 mins
[09:57] {magoo> l rimm }16
[09:58] {dino> eqix fast drop
[09:58] {GeoArb> that sure is a lot of offers being lifted
[10:00] {Threei> AUG CONSTRUCTION SPENDING M/M: 0}0% V -0}5%E
[10:00] {magoo> ouyt }4p0
[10:00] {magoo> naz scaring me
[10:00] {Threei> EPT ISM MANUFACTURING: 43}5 V 49}5E; PRICE PAID: 53}5 V 73}0E
[10:01] {Threei> - Employment Index: 41}8 v 49}7 prior
[10:01] {Threei> - New Orders Index: 38}8 v 48}3 prior
[10:01] {esemde> rimm is gonna gor for you mags if it gets over }60
[10:02] {esemde> spoke too soon
[10:07] {magoo> 10:00] {magoo> ouyt }4p0\
[10:08] {magoo> [10:00] {magoo> naz scaring me
[10:09] {magoo> out}}made like }24 cent
[10:10] {GeoArb> ok tired}}}} trying out OMS module for buy stop on NCC
[10:10] {Threei> lol
[10:10] {GeoArb> NCC playing head games
[10:11] {GeoArb> so speed fixed vad?
[10:11] {GeoArb> in OMS?
[10:11] {magoo> yes
[10:11] {Threei> GE
[10:11] {Threei> COMMENTS THAT FUNDING OF COMMERCIAL PAPER HAS BEEN 'SMOOTH'
[10:11] {Threei> - Note on 9/25 made similiar comments noting no difficulty in funding operations with commercial paper
[10:11] {dino> eqix sm l }90 risky fast
[10:11] {GeoArb> all set up and play presse !
[10:11] {dino> sounds familiar, "all is well"
[10:12] {magoo> need to hit green arrow start
[10:12] {Threei> yeah, scary
[10:12] {GeoArb> play presse !
[10:12] {GeoArb> pressed
[10:12] {GeoArb> wow C
[10:13] {magoo> l aapl }99
[10:16] {magoo> stop }49
[10:16] {magoo> only 300 sh
[10:18] {GeoArb> yeah
[10:18] {GeoArb> NCC nvalid?
[10:18] {Threei> US SENATE BILL HAS REPORTEDLY INCLUDED PROVISIONS TO SUSPEND 'MARK TO MARKET' ACCOUNTING
[10:18] {Threei> - Note this issue was a point of contention among republicans lobbying for its inclusion
[10:18] {Threei> yeah
[10:18] {GeoArb> oh i thought they were offended
[10:18] {GeoArb> by speeches
[10:18] {magoo> l rimm }20
[10:19] {magoo> 300 sh
[10:19] {magoo> stop}64
[10:20] {Threei> Long Setup: C }50 break
[10:20] {Threei> }39 stop
[10:21] {magoo> in C
[10:21] {magoo> oout rim }58
[10:26] {Threei> C 1:1 half out
[10:26] {magoo> aapl stopped blows
[10:26] {Threei> has more potential than scalp
[10:27] {magoo> c u mean
[10:28] {dino> out eqix }55, +}65
[10:28] {Threei> wtg
[10:29] {Threei> CNBC'S FABER: CREDIT WORRIES CIRCULATING AROUND GE THIS MORNING ARE PARTLY DUE TO PROBLEMS AT LONDON'S SIGMA DISCUSSED BY MOODY'S
[10:29] {dino> t sm l }50
[10:31] {Threei> sigh
[10:31] {Onix> stopped C
[10:32] {esemde> L} ASBC }65
[10:33] {dino> cov axys }20,
[10:33] {dino> +}85
[10:33] {Threei> Long Setup: JPM }95 half lot
[10:34] {Threei> stop under }80
[10:34] {esemde> vads gonna kill me for this}}}but I went 3/4 lot}}}}levels are thin}}}}}}
[10:34] {Threei> on what?
[10:35] {esemde> ouch}}}was that a swipe across the ears}}}}}}
[10:35] {Threei> *DOE CRUDE: +4}28M V +3ME; GASOLINE: +901K V -1}8ME; DISTILLATES: -2}36M V -1}3ME;
[10:37] {Threei> US SENATOR SCHUMER: PUBLIC TONE ON RESCUE BILL HAS 'CHANGED', BELIEVES WILL PASS IN HOUSE AND SENATE - CNBC COMMENTS
[10:37] {dino> he must be a partier, being on that "joint" committee
[10:37] {Onix> in JPM @ }95
[10:38] {hawkfan4> lol dino
[10:38] {Threei> come on JPM, take that 48 and go
[10:40] {esemde> out ASBC avg }88 + 23
[10:40] {Threei> gj
[10:41] {dino> ge sm l }50, stop }14
[10:41] {esemde> tks}}}}}}makes up for the }14loss in SQNM
[10:42] {esemde> I'll take my punishment now}}}}}swat across the ears and a "don't do that again if you know whats good for you" lecture
[10:43] {GeoArb> sigh JPM
[10:43] {Threei> what the deuce
[10:43] {GeoArb> any boots vad?
[10:44] {Threei> market just can't raiuse its head
[10:44] {Threei> doesn't believe in bailout passage, or doesn't think anymore it's going to help
[10:46] {dino> maybe realizes this is just a band aid, lots of junk to work thru yet
[10:47] {GeoArb> drat my OMS didnt trigger
[10:47] {Onix> stopped JPM
[10:47] {GeoArb> laserdave around?
[10:48] {GeoArb> error code 3596}}}}}}Rejected}}} advance features on ISLD not allowed
[10:48] {GeoArb> vad}}} when you have time can i compare my settins to yours?
[10:48] {Threei> I don't use OMS
[10:48] {GeoArb> eyeballs?
[10:48] {Threei> I do manual
[10:48] {GeoArb> drat
[10:48] {GeoArb> magoo?
[10:49] {Threei> did you have sell order on positive side enetered as well?
[10:50] {esemde> anyone else using a daily highs type of breakout screen}}}}}}the breakouts are just not working}}}}always big pull backs }}}}case in point , i just about went for CHPD
[10:50] {GeoArb> nope
[10:50] {GeoArb> just the stop at 78
[10:50] {esemde> same as SQNM this morning
[10:50] {GeoArb> it rejected}}} so i punched out manual at 74
[10:50] {Threei> sure you adjusted number of shares to actual position?
[10:50] {Threei> because code number you cite is the one that says no shorting on finnies
[10:51] {Threei> something in how you entered it made system think you tried to short
[10:51] {GeoArb> i was in 500 and had stop 500
[10:51] {GeoArb> but wierdly ISLD error rejected saying 200
[10:51] {esemde> BULL traps}}}}BULL sh}}}}} i think with daily highs
[10:51] {GeoArb> i think i know
[10:52] {GeoArb> i dont think OMS is intelligent it just sends it out}}}}}
[10:52] {GeoArb> anyway}}} will dcc
[10:53] {GeoArb> link for error codes please vad?
[10:53] {Threei> ?
[10:53] {GeoArb> where i can read up
[10:53] {Threei> I've no idea
[10:54] {GeoArb> ok
[10:58] {GeoArb> ok so here is why for those interested}}}}}}
[10:59] {GeoArb> if you have an offer out there then that issue comes up
[10:59] {dptl> Geo}}}i think its something with system today i got same thindg without using oms}}}
[10:59] {GeoArb> you gotta cancel the offer}}}}}
[10:59] {magoo> nasty market vad}}your C and JPM would haveworked
[10:59] {Threei> that's why I asked
[10:59] {GeoArb> its not system
[10:59] {Threei> [10:49] {Threei> did you have sell order on positive side enetered as well?
[10:59] {GeoArb> its the stupid short ban
[10:59] {GeoArb> ok vd thats just too complex
[10:59] {Threei> [10:51] {Threei> something in how you entered it made system think you tried to short
[10:59] {Threei> [10:51] {GeoArb> i was in 500 and had stop 500
[11:00] {Threei> what's complex}}}
[11:00] {GeoArb> you gotta say "child}}}} were you offerring on high?"
[11:00] {GeoArb> :)
[11:00] {Threei> execution of stop order or quick sell order while you have actaul sell order requires shorting
[11:01] {Threei> because it sells and cancels
[11:01] {Threei> shorting is forbidden on these stocks
[11:01] {Threei> thus our order doesn't go through
[11:01] {GeoArb> seeee}}}}} dumbing down works
[11:01] {Threei> that's what I meant when asked, but you said no, so I couldn't diagnose it futher
[11:01] {dptl> i see}}}that makes sense
[11:02] {GeoArb> on the positicve}}}} i thought nope}}} i was negative !!!!
[11:02] {GeoArb> lol
[11:02] {GeoArb> ok my faith in OMS is restored}}}}}
[11:02] {GeoArb> cant say about myself
[11:02] {Threei> why do you need it at all when you are here?
[11:02] {GeoArb> true
[11:02] {Threei> just liking toys or what?
[11:03] {GeoArb> well having a stop
[11:03] {GeoArb> lets me be a little less tense
[11:03] {GeoArb> thats all
[11:03] {GeoArb> but its all good
[11:03] {Threei> frikin C did just what I expected
[11:03] {Threei> just with shakeout first
[11:04] {GeoArb> wierd market
[11:04] {GeoArb> oops}}}}
[11:04] {GeoArb> wrd
[11:06] {dino> lol
[11:06] {dino> get him peter
[11:06] {GeoArb> nope he is out
[11:06] {GeoArb> [06:05] {peterg> make $ for me ; I'll be gone for 3 hrs, then back}
[11:07] {GeoArb> his spelling is poor anyway
[11:07] {GeoArb> (lets see if he reads transcripts)
[11:09] {pita> too much fun guys, gotta go
[11:09] {Threei> yeah, nothing like last two days
[11:09] {dino> fcx sm l }80, wild one
[11:10] {dino> ge stopped -}36
[11:12] {Threei> WSJ: US SENATE BILL WILL TEMPORARILY ALLOW THE FDIC TO BORROW UNLIMITED FUNDS FROM THE US TREASURY, UP FROM $30B CURRENTLY
[11:12] {dino> later pita
[11:12] {Threei> now NCC goes
[11:13] {dino> no sense to anything any more
[11:14] {dino> so}}}}}back to basics
[11:14] {patience> problem with unlimited access to the treasury, aside from the obvious, is all the other unrelated crap that financial institutions will try to bury in it
[11:14] {GeoArb> I am amazed}}}}} 3 page document and trust us
[11:14] {dino> i think thats the idea
[11:14] {GeoArb> thats all they had
[11:16] {Threei> 'long qid }91
[11:16] {Threei> Long Setup: QID }91
[11:16] {Threei> stop }82
[11:17] {GeoArb> stopped
[11:17] {Threei> why did I wake up today?
[11:18] {hawkfan4> your alarm clock went off?
[11:18] {magoo> to slap magoo?
[11:19] {hawkfan4> to get annoyed by hawk and magoo?
[11:19] {dino> reversal me and you vad
[11:19] {magoo> to BE slapped by magoo?
[11:20] {magoo> and hawk?
[11:20] {magoo> u first hawkman
[11:20] {hawkfan4> i don't know, i kinda scared
06[11:20] * Threei slaps laserdave1 around a bit with a large trout
[11:20] {magoo> its easy and fun}}go ahead}}do it
[11:21] {laserdave1> nice oneeeeeee
06[11:21] * magoo slaps laserdave1 around a bit with a large trout
06[11:28] * Chaeron slaps laserdave1 around a bit with a large trout
06[11:28] * magoo slaps laserdave1 around a bit with a large trout
06[11:28] * magoo slaps laserdave1 around a bit with a large trout
06[11:28] * magoo slaps laserdave1 around a bit with a large trout
[11:29] {dino> eqix sm l }90
[11:33] {GeoArb> vad retired to tibet?
[11:34] {Threei> years ago
06[11:35] * magoo slaps Threei around a bit with a large trout
[11:35] {GeoArb> but why? the dalai lama is out of town!!
[11:35] {Threei> what do I care
[11:35] {Threei> he smiles too much for my taste
[11:35] {GeoArb> lol
06[11:35] * magoo slaps Threei around a bit with a large trout
[11:37] {Threei> JASO
[11:37] {Threei> REAFFIRMS 2009 GUIDANCE
[11:40] {Threei> sh*t
[11:41] {GeoArb> short?
[11:41] {Threei> look at NCC 1 min
[11:41] {Threei> took 5K at }23, got fill at the bid
[11:42] {Threei> fed it into buying for a nice scalp
[11:42] {Threei> then looked at it again}}}
[11:42] {Threei> sold under }30, so you know why the expletive
[11:42] {GeoArb> any comments magoo?
[11:43] {Threei> WHITE HOUSE: THE FINANCIAL BAILOUT BILL HAS BEEN CHANGED IN A WAY THAT INCREASES ITS CHANCES FOR PASSAGE
[11:51] {magoo> u know}}}its starting to feel like the mkt doesn't give a sh@t about passage anymore
[11:51] {magoo> a sucker pop}}}and crush everyone but shorts
[11:52] {magoo> that would be a real death blow
[11:52] {Threei> that was the plan even last week
[11:52] {Threei> even moreso now
[11:52] {magoo> gggggggrrrrrrrrrrrrrrrrrrrrrrrrrrrr}}}how am i supposed to remember that i ask u?????????????
[11:52] {magoo> i thought i just thought of it
[11:52] {magoo> he he
[11:53] {Threei> here is news flash for you mags:
[11:53] {Threei> last time you also thought you just thought that
[11:57] {Threei> C makes me crying
[11:57] {Threei> feel like crying
[12:01] {dino> out fcs }70,
[12:01] {dino> =}90
[12:01] {dino> +
[12:01] {hawkfan4> nice
[12:02] {dino> ty
[12:03] {dino> worst thing that happened, imo, is the 500 pt run yesterday
[12:04] {Threei> can you believe these numbers:
[12:04] {Threei> F
[12:04] {Threei> REPORTS SEPT US VEHICLE SALES -34}6% V -26%E (UNADJUSTED BASIS); SALES TOTALED 117K UNITS, LOWEST SALES IN A MONTH THIS YEAR
[12:05] {dino> vari drop
[12:05] {hawkfan4> unreal
[12:05] {dino> they will be marking 50% off new cars
[12:07] {Chaeron> abk
[12:11] {magoo> got appt}}be back hour
[12:12] {Threei> WB catching up with the rest it seems
[12:12] {hawkfan4> just getting an order ready for WB
[12:12] {Threei> missed }27
[12:13] {hawkfan4> me too
[12:14] {Chaeron> anyone get abk?
[12:15] {patience> no, but my gold options shot up while i was in the kitchen washing dishes
[12:15] {GeoArb> :)
06[12:15] * Chaeron asks Vad for directions to monastary
[12:15] {GeoArb> geo{-off to wash dishes
[12:18] {GeoArb> have fun all}}}} in the red today
[12:18] {GeoArb> bye
[12:18] {dino> out eqix }90, +1}00
[12:18] {hawkfan4> cya geo
[12:18] {Threei> take care Geo
[12:18] {peterg> bye geo; have important spelling announcement to make
[12:18] {dino> cya geo
[12:18] {GeoArb> lol
[12:18] {Threei> NCC looks like break of }50 coming
[12:18] {dino> hmmmm
[12:19] {peterg> Went to compulsive speller's rehab workshop and learned that every wat that
[12:19] {peterg> communicates is good} So Im sorry
[12:19] {peterg> every way
[12:19] {GeoArb> air hug
[12:19] {peterg> tks
[12:19] {dino> ge last try }50 l
[12:19] {dino> eqix been very good to me
[12:29] {Threei> sheesh ABK
[12:29] {hawkfan4> holy cow, that's a mover
[12:29] {Chaeron> feel free to exit}}} oh wait}}} noone took it}}
[12:29] {Chaeron> lol
[12:30] {hawkfan4> lol
[12:30] {Threei> finally nailed WB for 6 cents
[12:30] {Threei> lol, too soon out
[12:30] {Threei> on big lots every cent is valuable
[12:31] {Threei> jeez
[12:32] {dino> rallllly
[12:32] {Threei> trying to hold NCC
[12:32] {Threei> tough, I ahve to admit :)
[12:33] {dino> vari sm l }15
[12:34] {dino> t stop to }90
[12:35] {Threei> ok, out NCC 2}61
[12:35] {Threei> 11 cents
[12:35] {Threei> anyone went for that break?
[12:35] {patience> sorry, went and dried the dishes
[12:36] {hawkfan4> still in from }11 ;)
[12:36] {Threei> jeez
06[12:36] * Threei slaps hawkfan4 around a bit with a large trout
[12:37] {Chaeron> ABK
[12:37] {Chaeron> is it done
[12:37] {Threei> no way to tell
[12:37] {Threei> pure momo play
[12:37] {hawkfan4> 1/2 out NCC }62
[12:37] {Threei> no technicals to it
[12:38] {dino> out t }05 +}55
[12:40] {hawkfan4> out rest }61
[12:40] {dino> gj
[12:40] {Threei> wtg
[12:40] {hawkfan4> thx for the heads up vad :)
[12:40] {Threei> huge
[12:40] {hawkfan4> went big too
[12:40] {Threei> considering amount of shares to play on it
[12:45] {Threei> CNBC'S LIESMAN: HOUSE STAFFER SAYS THE HOUSE WILL NOT VOTE ON THE BAILOUT BILL BEFORE FRIDAY
[12:46] {hawkfan4> geesh, wasn't it supposed to be tonight?
[12:48] {Threei> WILL NOT BRING BILL UP FOR A VOTE UNTIL LEADERSHIP BELIEVES IT HAS THE VOTES TO PASS
[12:52] {Threei> so markwet was dropping while thinking vote would be tonight
[12:52] {Threei> and soares now when it's postponed?
[12:52] {dino> oiut ge }90 +}40
[12:52] {hawkfan4> i think they said that last night, that the vote would take place Wed night at 9 pm et
[12:52] {Threei> if that's how market takes it, I'd suggest to take it odff agenda at all
[12:53] {Threei> and watch market spiking 2K points
[12:53] {Threei> don't look at NCC hawk
[12:53] {hawkfan4> lol, too late
[12:54] {hawkfan4> still in WB, so some consolation
[12:54] {Threei> I don't know where you find patience for such holds
[12:54] {Threei> no way I'd sit on 5-19K of NCC since 2}11
[12:55] {Threei> 5-10K
[12:55] {hawkfan4> i just keep my finger on the button pretty much} thought it would top out around }60
[13:00] {Raven> the HOUSE will vote tonight }}} the SENATE not before Friday }}} this is not news
[13:00] {Threei> oh boy
[13:01] {hawkfan4> ah, thx Raven
[13:01] {Raven> yw
[13:02] {Raven> question is }}} will they both be voting on the same bill
[13:02] {Raven> I doubt it
[13:02] {Raven> then the house and senate will bicker
[13:02] {Raven> over the weekend
[13:02] {Threei> as if we were not confused enough
[13:03] {Raven> lol
[13:03] {Raven> really does not matter if your trades last no more than 11 seconds
[13:04] {cosmo> }}}down from 11 days back in the day
[13:05] {Raven> those were the days
[13:06] {cosmo> telephone ruled real time
[13:11] {Raven> lol }}} yup
[13:13] {Chaeron> Hi Raven}}} sorry, was getting my quotes from my ticker-tape :)
[13:17] {peterg> hard off wall street in the sixties was Delmonico's a fabulous steak house} On entering, there was a beautiful ticker clicking away}}}
[13:17] {dino> shld
[13:18] {Threei> NBC'S GASPARINO: SOURCES SAY SEC STAFF LIKELY TO EXTEND SHORT SELLING BAN ON EVERYTHING BUT CONVERTIBLE PREFERRED SHARES
[13:18] {Threei> - extension likely today or early tomorrow; Gasparino expects the ban to be extended 10 business days to Oct 17}
[13:18] {Threei> - note: under its emergency authority the SEC can extend the ban for an additional 20 business days beyond the intial 10 day ban}
[13:19] {Chaeron> peter}}} I want one of those :)
[13:19] {peterg> steak or ticker?
[13:19] {Chaeron> both :)
[13:19] {peterg> good plan
[13:19] {cosmo> i want the 60's
[13:19] {peterg> even better
[13:20] {Chaeron> cosmo}}} you just want the drugs, sex and rock and roll
[13:20] {dptl> lol
[13:20] {cosmo> no, no }}}} just knowing what i know now
[13:21] {cosmo> 'bout sports and stuff}}}
[13:21] {Chaeron> oh sure}}} pick one long shot and bet the farm? lol
[13:22] {Raven> lol Chaeron }}} you can buy old tickers on EBay
[13:22] {Chaeron> the tick?
[13:22] {Chaeron> they tick?
[13:22] {Raven> yes }}} I doubt that the data feed exists tho :)
[13:22] {cosmo> 20 min} delay }}}sorry
[13:23] {Threei> lol
[13:23] {Raven> lol
[13:23] {Threei> got any url raven?
[13:23] {dptl> lol
[13:23] {Threei> NCC new high}}} is it for real?
[13:23] {Chaeron> when I get wealthy I'll get one}}} Thanks Raven}}} then I'll invite you over for a cigar and cognac as we stand around it in stuffy suits with spats and monocles :)
[13:23] {Raven> I looked up once on EBay
[13:23] {Raven> there were a few offered
[13:23] {Raven> no URL
[13:23] {hawkfan4> yep, something got into the little banks, BBX took off
[13:24] {Raven> lol }}} Chaeron }}} cigars stink and I don't own a frickin suit
[13:24] {Raven> cognac is another matter :)
[13:24] {Chaeron> yeah}}} like I own spats too}}}}}}}}
[13:25] {Raven> I thought spats were some kind of Californeeeeeeeeeee salad
[13:26] {Raven> or maybe noodles
[13:26] {Chaeron> naaaa}}} those white coverings for your shoes?
[13:27] {Raven> not for my shoes }}}
[13:27] {peterg> $3295}00 for actual scale reproduction of Unger Stock Ticker
[13:27] {Chaeron> ok} Birkenstocks
[13:27] {Raven> there ya go
[13:27] {peterg> see stocktickercompany}com
[13:28] {Raven> lol Ch
[13:28] {peterg> Raven, nothing on ebay at moment, alas
[13:29] {Raven> you have to keep checking
[13:31] {Threei> (FR) FINANCE MINISTER LAGARDE DENIES REPORTS OF A €300M BAILOUT PLAN; SAYS THAT FIGURE DID NOT COME FROM HER
[13:31] {Threei> party pooper
[13:31] {magoo> back
[13:42] {Threei> quite listless day
[13:42] {Threei> except small scalps on huge shares on these small buggers, nothing worked
[13:43] {Threei> GE
[13:43] {Threei> HALTED: NEWS PENDING
[13:43] {Threei> O
[13:43] {Threei> U
[13:43] {Threei> C
[13:43] {Threei> H
[13:43] {Chaeron> QID
[13:43] {Threei> yes
[13:44] {Chaeron> well, was good for a millisecond}}}}}}}}}
[13:44] {peterg> U in ge vad?
[13:44] {Threei> GE
[13:44] {Threei> HALTED: NEWS PENDING
[13:45] {hawkfan4> GE General Electric Announces Common Stock Offering; Warren Buffett Announces Investment in GE (23}63 -1}87) -Update-
[13:45] {hawkfan4> }}}(stock halted)
[13:45] {Chaeron> mkt likes
[13:46] {peterg> Warrem is the new whats his name, who saved mkts and banks turn of century
[13:46] {dino> ivgn sm l }42
[13:46] {Threei> seems to me not much reason for such enthusiasm
[13:46] {Threei> especially since no one knows what price and terms
[13:47] {peterg> War-ren, War-ren !!
[13:47] {Threei> lol
[13:48] {laserdave1> was there news
[13:49] {laserdave1> or just ge halted
[13:49] {laserdave1> i think its halted pending bankruptcy
[13:49] {Threei> ANNOUNCES $12B COMMON STOCK OFFERING, WARREN BUFFETT ANNOUNCES INVESTMENT, REAFFIRMS FY08 EPS GUIDANCE ISSUED LAST WEEK
[13:49] {Threei> - The underwriters will have a 30-day option to purchase shares representing an additional 15%of the offering amount from GE to cover over allotments, if any}
[13:49] {Threei> - Reached agreement to sell $3B of perpetual pr
[13:49] {laserdave1> hahahhahahahahha
[13:49] {laserdave1> jsut kidding
[13:49] {laserdave1> lol
[13:49] {Threei> - Reached agreement to sell $3B of perpetual preferred stock in a private offering to Berkshire Hathaway, Inc} The perpetual preferred stock has a dividend of 10% and is callable after three years at a 10% premium} In conjunction with this offering, Berkshire Hathaway will also receive warrants to purchase $3B of common stock with a strike price of $22}25 per share, which is exercisable at any time for a five-year term}
[13:49] {laserdave1> so that means buffet likes them
[13:50] {Threei> REPORTS SEPT US VEHICLE SALES -15}8% V -30%E (UNADJUSTED BASIS)
[13:50] {Threei> GM
[13:51] {laserdave1> long }50 out }57
[13:51] {laserdave1> thanks Vad
[13:51] {laserdave1> appreciate it
[13:51] {laserdave1> just 500 shares
[13:51] {laserdave1> quick 35 from Vaddy with a bow and eveything
[13:51] {dino> wow ge has to pay 10% , ouch} they must be in some sh#t
[13:53] {magoo> almost looks like doug kass had insider info
[13:53] {patience> good point magoo
[13:55] {dino> so, is the junk from the jack welsch days
[14:00] {dino> cracks me up, they all were buying their stock back hand over fist 100% higher, and now issuing 50% lower} pretty much backwards} seems to me the buybacks have wasted alot of money
[14:02] {dino> oh, and lets not forget, we pay the ceo's etc and boards big bucks for these moves
[14:02] {dino> my daily rant
[14:03] {Threei> do I read this right?
[14:03] {Threei> TM
[14:03] {Threei> REPORTS SEPT US TOTAL VEHICLE SALES -32}3%, AT 144K UNITS V 213K YEAR AGO
[14:04] {hawkfan4> 13:44 TM Toyota Motor sales decline was 32}3%, based on company data- Bloomberg (84}13 -1}78) -Update
[14:04] {Threei> I thought Toyota was gloating that they were immune
[14:05] {hawkfan4> nobody gets out alive
[14:05] {dino> no, tm has been cutting back since spring
[14:06] {dino> the p/u trucks are way off
[14:07] {Threei> waiting for Nissan report
[14:07] {Threei> they were up 12% last report
[14:07] {dino> i think they are doing well
[14:08] {cosmo> the toyota way, i think
[14:08] {dino> ge begging from buffet}}}}i can't get over that
[14:10] {hawkfan4> USO 80 break short vad?
[14:12] {Threei> hard to tell
[14:13] {Threei> NCC again
[14:15] {hawkfan4> Short USO }28, stop }45
[14:15] {hawkfan4> small
[14:16] {Threei> SENATE MINORITY LEADER MCCONNELL: EXPECTS THE FINANCIAL BAILOUT BILL TO PASS THE SENATE TONIGHT
[14:17] {patience> listening to politicians explain how 'main' street, not 'wall street' is in trouble}}}reminds me of the talk few years ago about 'weapons of mass destruction' and how immediate decisions had to be made on faith
[14:17] {patience> i shouldn't watch it}}}}
[14:19] {Threei> joined you on this spike hawk
[14:20] {Threei> and covered }75
[14:20] {Threei> mags}}} USO became shirtable
[14:21] {Threei> shortable
[14:21] {hawkfan4> nice :) i'm holding my nose and looking for under 79
[14:21] {magoo> reallyy
[14:24] {dptl> wheuu}}}turns out to be not a bad day}}}:) got to go}}}}have a good evening all:)
[14:24] {Threei> what did you scalp dp?
[14:24] {Chaeron> see ya dp
[14:25] {Threei> a few NCC scalps took me in green
[14:25] {Threei> but overall, not delighted with today
[14:26] {dptl> tsn,mkc,cpb,tol,hpq, }}}}
[14:26] {dptl> all earlier
[14:26] {Threei> US TREASURY'S MCCORMICK ESTIMATES ASSET PURCHASES COULD BEGIN "WITHIN WEEKS, NOT MONTHS" - CNBC INTERVIEW
[14:26] {Threei> {XLF>
[14:26] {Threei> sharp down NCC
[14:29] {dino> cya dp
[14:29] {Threei> reshorted USO on bounce
[14:30] {Threei> let's see if we get that under 79 :)
[14:30] {Threei> Nissan too
[14:30] {Threei> REPORTS US SEPT SALES -36}8%
[14:31] {Threei> BMW
[14:31] {Threei> REPORTS SEPT US AUTO SALES -25}8% TO 18,500 UNITS
[14:31] {Threei> what a carnage
[14:32] {dino> wow
[14:34] {Threei> Honda
[14:34] {Threei> REPORTS SEPT US VEHICLE SALES -24%
[14:35] {Threei> destruction
[14:37] {dino> zion
[14:38] {hawkfan4> NQ long 1573, stop 1569}50 small
[14:41] {Threei> good entry
[14:41] {Threei> want a scalp or rally?
[14:41] {hawkfan4> rally, needs 1580 break
[14:41] {Threei> you are over 1:1 here
[14:47] {Threei> oh boy}}} die already USO
[14:48] {Threei> here is your 80 break hawk
[14:48] {hawkfan4> here we go
[14:49] {dino> gj
[14:49] {Threei> NCC is looking to break 3
[14:49] {hawkfan4> thx
[14:53] {magoo> what are u in??
[14:54] {magoo> and where?
[14:54] {Threei> gosh
[14:54] {Threei> who woke him up?
[14:54] {Threei> NCC was just a scalp
[14:54] {Threei> USO still holdng short from }69
[14:54] {Threei> stop is }75 now
[14:55] {magoo> sorry}}was in my own stuff
[14:55] {magoo> i only have 2 eyes}}u mutant lol
[14:55] {Threei> lol
06[14:55] * Threei slaps magoo around a bit with a large trout
[14:56] {magoo> YEEEEEESSSSSSSSSSSS
[14:57] {magoo> vad}}the question?
[15:01] {Threei> really can't tell
[15:02] {Threei> too jerky out there
[15:03] {dino> downnnnnnnnnnnnnnnnnnn
[15:03] {dino> out of fear that the bill fails tonight
[15:04] {dino> or just because
[15:04] {dino> i'm so glad we pay ceo of ge so much money
[15:05] {peterg> they so much better than us folk; they deserve the chuncks of cash
[15:06] {peterg> we should let them walk on us at all times and be grateful they are among us
[15:06] {dino> indeed
[15:07] {patience> patience biting her tongue now
[15:07] {peterg> carelul
[15:08] {peterg> ful
[15:09] {Threei> US PRES BUSH REPORTEDLY EXPRESSES CONFIDENCE IN THE SENATE TO PASS THE BAILOUT PACKAGE
[15:09] {Threei> ummm
[15:09] {peterg> yah georgie
[15:12] {GeoArb> heya }} anything left for me?
[15:13] {Threei> hmmm
[15:13] {magoo> dubya seems very confident this time
[15:14] {Threei> it seems unlikely they would fail it again}}} but then again, it didn't seem likely last time around either
[15:14] {peterg> dubya always confident
[15:15] {Chaeron> I have a question: if the govt owns the loan of a private house, they in effect own the house, right? So can they tell us what to do IN that house?
[15:15] {GeoArb> govt owns the house anyway
[15:15] {GeoArb> its called property tax}}} try not paying :)
[15:15] {Chaeron> or NOT do? (ie: smoke?)
[15:15] {peterg> problay not any more than usual
[15:15] {cosmo> not cigarettes tho
[15:16] {peterg> limit interesting experiences to boring ones
[15:16] {Threei> chaeron}}} ever heard word "propiska"?
[15:17] {GeoArb> you still have that in china
[15:17] {Chaeron> no Vad
[15:17] {peterg> shto etta?
[15:17] {cosmo> bladder drug?
[15:17] {Threei> http://en}wikipedia}org/wiki/Propiska
[15:18] {Threei> prety much answers your question
[15:18] {GeoArb> dont scare me vad or ill end up being your neighbour
[15:19] {GeoArb> my residency in canada still valiid till dec
[15:19] {peterg> so far, us peeps can travel and live without let or hindrance
[15:19] {peterg> wife dual us / canada; she
[15:19] {peterg> will tke me with her
[15:19] {peterg> maybe
[15:19] {GeoArb> peter you in MINN
[15:19] {peterg> yes
[15:19] {GeoArb> tha IS canada
[15:19] {peterg> true true
[15:19] {Threei> US SEN SHELBY: OPPOSE BILL BECAUSE OPPOSES BASIC PREMISE - CNBC COMMENTS
[15:19] {GeoArb> lol
[15:20] {Threei> there you go
[15:20] {Threei> circus starts again
[15:20] {cosmo> with global warming, we wont need houses anyway}}
[15:20] {peterg> grass huts and mai tais
[15:20] {GeoArb> my friend but a 100k house in bali on the beach
[15:20] {GeoArb> beautifull
[15:21] {peterg> love bali
[15:21] {GeoArb> now i gotta be nice to him
[15:21] {peterg> denpesar
[15:21] {magoo> vad}}up down from here?????????????
[15:22] {GeoArb> come vad !!!
[15:22] {GeoArb> i wanna be green
[15:22] {Threei> tell me what next headline says, and I'll tell you what market does after it
[15:22] {Onix> me too
[15:22] {GeoArb> -335 for day}}}}}
[15:22] {GeoArb> gotta buy new shoes !!!
[15:22] {GeoArb> no pressure
[15:22] {dino> lol peter
[15:23] {peterg> Official says off record deal may not go!
[15:23] {peterg> market go}}}}
[15:23] {dino> vari stopped }30, +}15
[15:25] {hawkfan4> that was wild, NCC was offered at }75 and was trading there, but i sold }89
[15:25] {Threei> lol
[15:25] {dino> eqix sm l }14
[15:26] {Threei> when was it hawk?
[15:26] {hawkfan4> 4 minutes ago
[15:26] {Threei> ok}}} your quotes are off
[15:26] {Threei> it never went that low
[15:27] {hawkfan4> ah, wierd} The offer was }75 on IB, and esig shows it traded down there too
[15:27] {Threei> 2}84 the lowest it went
[15:28] {hawkfan4> hmmm} yep, something is off here}
[15:29] {Threei> US SEN SHELBY: STILL OPPOSE BILL BECAUSE OPPOSES BASIC PREMISE, SURE BAILOUT BILL WILL PASS IN SENATE, SKEPTICAL ABOUT ITS IMPACT LONG RUN - CNBC COMMENTS
[15:29] {Threei> now, here is disastrous scenario:
[15:29] {Threei> bill passes, and doesn;'t help
[15:29] {Threei> what's next, one more bailout?
[15:30] {peterg> isnt that the cosmic vibration, that it wont work
[15:31] {peterg> we need a recession for some reason, to relearn differentiation between bs and reality
[15:31] {peterg> maybe
[15:31] {peterg> dont know of course
[15:31] {Threei> recession, OK
[15:31] {Threei> it's depression that scares the living daylight out of me
[15:32] {peterg> right dont want 25 % unemployed
[15:32] {GeoArb> so uk goceries have brought in classic cuts
[15:32] {GeoArb> offal tripe
[15:32] {GeoArb> trotters etc
[15:32] {peterg> we have to eat weird stuff?
[15:33] {GeoArb> no they are trying to help out the lower earning people with their stews i guess
[15:33] {peterg> in recession
[15:33] {peterg> good point; bring on the okra
[15:33] {GeoArb> HAHAHAHA
[15:33] {peterg> hope not offending too many
[15:33] {GeoArb> dude thats what i eat on a normal day so i guess I am ok
[15:33] {peterg> havent had it since I left the south
[15:34] {peterg> long time ago
[15:36] {GeoArb> you might even ave to eat vegetables :)
[15:36] {Threei> Nooooo
[15:36] {peterg> no dessert then
[15:37] {GeoArb> recession desset honeydew jelly
[15:38] {dino> out eqix }54, +}40
[15:39] {Threei> NCC acts as bailout passes
[15:42] {Threei> look for scalp entry near 3
[15:42] {GeoArb> late :(
[15:43] {Threei> try to offer 3}16 - 3}20 area if you got it
[15:43] {dino> fcx sm l }75
[15:43] {Threei> CONGRESSMAN HOYER: EXPECT TO CONSIDER THE BAILOUT BILL IN THE HOUSE ON FRIDAY IF THE SENATE VOTE GETS MAJORITY BIPARTISAN SUPPORT TONIGHT
[15:45] {dino> imcl
[15:46] {magoo> they better not break my goog trade just now bastards lol
[15:47] {hawkfan4> well vad, doesn't look promising for USO under 79} Can i say that i meant }79?
[15:47] {Threei> yeah, I'll take it
[15:47] {hawkfan4> cool, thx
[15:48] {dino> out ivgn }08, +}06
[15:48] {dino> fcx stop to }90
[15:49] {GeoArb> anyone in NCC?
[15:49] {magoo> eli lilly mistery bidder 70
[15:49] {dino> out fcx }90, +}15
[15:49] {magoo> bux per sh
[15:50] {Threei> PIMCO'S EL-ARIAN: THE $700B PRICETAG OF THE BAILOUT BILL IS NECESSARY, BUT IS NOT SUFFICIENT
[15:50] {Threei> eeck
[15:50] {dino> l }00 imcl sm
[15:51] {magoo> vad}}why would imcl not go to 70?
[15:52] {Threei> no idea
[15:53] {magoo> man}}}}u JUST won't thro magoo a bone
[15:53] {magoo> ,make something up}}}i'm a dumbass}}will believe
[15:54] {Threei> 'cause cosmic rays enter atmosphere under sharp angle
[15:54] {magoo> oh}}}ok
[15:54] {magoo> makes sence
06[15:54] * Threei discovers new ways of life
[15:55] {peterg> Immelt and Welsh to donate all to GE, live in grass huts in Bali} Stock halted pending enormous uptick}
[15:56] {dino> cbsh
[15:57] {Chaeron> hmmmm}}} do those huts come with pretty island girls?
[15:57] {patience> no chaeron, pool boys
[15:58] {magoo> patience}he he
[15:59] {magoo> dino was a male dancer for just one nihgt
[15:59] {magoo> like a chip-n-dale
[15:59] {patience> dino, you sly dog
[15:59] {dino> out imcl }40, +}40
[16:00] {dino> ty magoo, i'll buy the 1st round
[16:00] {Threei> Ok guys, not a stellar day for a change
[16:00] {dino> ty all, very good day for me
[16:00] {Threei> lol
[16:00] {magoo> vad rocked vad
[16:00] {dino> 12/13
[16:00] {magoo> 5 times daily
[16:00] {hawkfan4> great day here too
[16:00] {dino> 2+x's
[16:00] {Threei> :)
[16:00] {Threei> have a good evening, see you tomorrow
[16:01] {hawkfan4> thx vad
[16:01] {peterg> c u!
[16:01] {fernp> good evening} see you tomorrow
[16:01] {Chaeron> patience}}} cabana boys for you}}}} pretty island girls for me
[16:02] {patience> sounds good to me
[16:02] {dino> gj hawk
[16:02] {magoo> HAWK}}u dog
[16:02] {hawkfan4> thx dino, you too, and mags :)
[16:02] {magoo> um, bird
[16:02] {hawkfan4> lol
[16:03] {dino> lol
[16:06] {magoo> NCC dropping now
