Feb 09 2009

Couple trades worked like charm in the morning, and that's when we should have just gone back to sleep. Whole rest of the day with rare exceptions was just a colossal waste of time and cutting into morning profits.

 

Session Time: Mon Feb 09 00:00:00 2009

[07:34] {nemo} Haroo?

[07:57] {hawkfan4} good morning

[07:57] {nemo} How'd the hawks do this weekend?

[07:59] {hawkfan4} I know they lost to Vancouver pretty bad Saturday

[07:59] {nemo} Sorry...

[08:00] {hawkfan4} u use laser nemo?

[08:01] {nemo} try to...I use Laser for taxable

[08:01] {nemo} I'm switching from Fidelity to IB because of the fees

[08:02] {nemo} I use chart indicators, and I have to give Fidelity credit, they have a most elegant charting package

[08:02] {hawkfan4} I have a couple IB accts still, they're not bad, but Laser is way better for daytrading

[08:03] {nemo} Yeah, that level II trading interface can't be beat

[08:05] {Threei}  Good morning

[08:05] {nemo} Hallo

[08:05] {Threei}  DRYS

[08:05] {Threei}  ANNOUNCES PRELIMINARY AGREEMENT WITH NORDEA BANK FOR A COVENANT WAIVER ON THE $800M PRIMELEAD FACILITY

[08:05] {Threei}  - reached preliminary agreement with Nordea Bank Finland Plc to obtain a covenant waiver in connection with the $800.0 million Primelead facility, which was used to partially finance the acquisition of Ocean Rig ASA. As of today, the outstanding loan amount under the facility is $650.0 million

[08:05] {Threei}  HIG, that's some gap

[08:05] {hawkfan4} no kidding

[08:05] {hawkfan4} Vad, u having quote issues with Laser ?

[08:05] {Threei}  no... looks fine

[08:05] {Threei}  what stock?

[08:06] {magoo} morning

[08:06] {hawkfan4} hmm, ok, no, says my quote connection is bad, keeps doing it

[08:06] {Threei}  magoo :)

[08:14] {magoo} news SOHU? up 5

[08:14] {Threei}  02/09/09 03:00am

[08:14] {Threei}  [SOHU] Sohu.com Inc Reports Q4 $1.50 v $1.16e, R $121.6M v $121.0Me

[08:14] {Threei}  - Guides Q1 EPS $1.05-1.10 v $1.01e, R $111.5-115.5M v $117.5Me

[08:14] {Threei}  - Q4 Gross Margins 75% v 74% q/q, v 71% y/y

[08:16] {hawkfan4} gern moving

[08:16] {Threei}  BALTIC DRY BULK INDEX +11%, 15TH STRAIGHT INCREASE

[08:21] {Threei}  maybe today is the day for GERN... but thing is so treacherous on breaks

[08:22] {Threei}  on pullbacks though it's more predictable

[08:23] {Threei}  jeez FAS

[08:25] {Threei}  (EU) EU'S JUNCKER: REITERATES HIS CONCERN REGARDING LACK OF COORDINATION IN EU

[08:30] {larisa} good morning :)

[08:30] {Threei}  larisa :)

[08:30] {larisa} threei :)

[08:31] {cujo} good morning. 

[08:31] {Threei}  cujo :)

[08:38] {Threei}  BAC resurrection

[08:38] {Threei}  or was that alien

[08:38] {Threei}  or they both are similarly ugly

[08:39] {Threei}  (RU) REPORTEDLY RUSSIAN PRES MEDVEDEV: CAN MEET SPENDING WITHOUT EXCESSIVE LOANS

[08:46] {Threei}  PIMCO'S BILL GROSS: LOOKING FOR AN EXPANSION OF TALF INTO COPRORATE BONDS AND CMBS TOMORROW

[08:50] {ese} morning all

[08:50] {Threei}  ese :)

[08:50] {ese} lousy news....market goes up......what does that tell ya

[08:50] {ese} morning vad

[08:51] {cosmo} tery're all masocists

[08:51] {Threei}  lol

[08:51] {cosmo} they're

[08:51] {ese} exactly what i would have said

[08:53] {Onix} Good morning all

[08:55] {cosmo} drys up....

[08:56] {ese} dinos butt has to be geting sore by now....

[08:57] {cosmo} i can emphasize

[08:58] {Threei}  onix :)

[08:58] {ese} onix

[08:59] {Threei}  PALM ticking

[09:00] {Threei}  shorts really get fried on HIG

[09:00] {dino} gm all

[09:01] {Threei}  dino :)

[09:01] {Threei}  welcome aboard wulff

[09:01] {cujo} morning wulff

[09:02] {Threei}  so, Geithner's announcement is pushed to Tuesday

[09:02] {dino} sounds familiar

[09:02] {Threei}  yeah

[09:02] {dino} think sept.

[09:02] {Threei}  for today, it's stimulus plan all opver the news

[09:03] {buyemsellem} gm all. Hey Cujo, how was the market on Saturday?

[09:04] {Threei}  buyem :)

[09:04] {cujo} :)

[09:05] {ese} wulff.....join the crew....welcome

[09:06] {dino} lol buyem

[09:08] {wulff} sorry was away. TY

[09:09] {Threei}  VPHM

[09:09] {Threei}  MARIBAVIR IN BONE MARROW TRANSPLANT PATIENTS FAILED TO ACHIEVE PRIMARY, SECONDARY ENDPOINTS IN PHASE 3 CLINICAL TRIAL

[09:10] {Threei}  HIG is pulling back finally

[09:12] {Threei}  if it sells off sharply at the open, will be big bounce candidate... tough read though, makes wild swings

[09:15] {Threei}  working assumption so far is creep-up day

[09:15] {Threei}  but headlines from high above can do anything as we wll know

[09:17] {fernp} Hello everybody

[09:17] {Threei}  fern :)

[09:17] {ese} fern

[09:19] {Onix} hi fern

[09:20] {fernp} morning ese, onix

[09:21] {Threei}  trailing stop for the PALM swing position is under 8 now

[09:21] {Threei}  do not intend to lose any single cent on it

[09:21] {Threei}  and if it does go that low, will be looking for another entry

[09:22] {ese} didn't realise you had a swing going on with Palm Vad....where were you in?

[09:22] {Threei}  7.70... open from Wed

[09:22] {nemo} Vad swings with Palm...not going there

[09:23] {dptl} good morning all

[09:23] {Threei}  dp :)

[09:23] {ese} DDDDDDPPPPPPPP!!!!!!

[09:23] {dptl} :)

[09:25] {KSystems} good morning :)

[09:25] {cujo} morning KS

[09:25] {ese} ksys!

[09:25] {KSystems} hey cujo

[09:25] {nemo} Gruess dich...

[09:25] {KSystems} ese :) nemo :))

[09:26] {Threei}  ks :)

[09:28] {Onix} hi ks

[09:28] {_bobv} good morning!

[09:28] {Threei}  bobv :)

[09:29] {Threei}  I can't bring myself to call breakout on HIG here

[09:29] {dino} saddle-up

[09:29] {wulff} aapl beaks 100

[09:33] {Threei}  morning vint, welcome aboard

[09:34] {Threei}  HIG... grrr

[09:34] {vint} thanks vad, vint=vinthombre

[09:34] {dino} vrtx, simple gap fill or worse

[09:34] {Threei}  thank you for shortening it... :)

[09:35] {dino} earnings tonight vrtx

[09:35] {Threei}  HIG pullback to about 14.60 is long

[09:35] {Threei}  keep it to half lot, wild animal

[09:35] {cosmo} GERN hod = .45

[09:35] {cosmo} so far

[09:36] {hawkfan4} technical difficulties, back in a bit

[09:37] {wulff} Rimm?

[09:37] {Threei}  in .66, stop under .40

[09:37] {nemo} what, HIG?

[09:37] {Threei}  yes

[09:38] {nemo} bummer

[09:38] {Threei}  half out .85

[09:38] {nemo} FAS pulling back

[09:38] {Threei}  stop to .55

[09:39] {Threei}  out 15

[09:41] {Threei}  RIMM should pull back now to 60 or just under

[09:41] {dino} dltr sm l .10

[09:42] {Threei} Long Setup:  RIMM  60.10 break

[09:42] {Threei}  if holding above 60

[09:42] {nemo} rimm

[09:42] {nemo} nevermind

[09:43] {cosmo} GERN tests 8.45 soon

[09:43] {cosmo} i think

[09:43] {magoo} HIG 16 prob

[09:44] {Threei}  RIMM invalidated, wouldn't follow ther market

[09:44] {dino} kick it

[09:44] {Threei}  GERN 8.50 big resistance to break on daily

[09:45] {wulff} amzn pullback

[09:45] {Threei}  didn't work on any previous break attempt

[09:45] {cosmo} k

[09:45] {Threei}  maybe today is the day... no way to tell really

[09:45] {cosmo} i'm an optimist

[09:46] {Threei}  VPHM got killed

[09:47] {Threei}  [09:09] {Threei} VPHM

[09:47] {Threei}  [09:09] {Threei} MARIBAVIR IN BONE MARROW TRANSPLANT PATIENTS FAILED TO ACHIEVE PRIMARY, SECONDARY ENDPOINTS IN PHASE 3 CLINICAL TRIAL

[09:48] {Threei} Long Setup:  HIG  15.30 break if holding .20

[09:50] {ese} dino vphm?

[09:51] {dino} celg

[09:51] {dino} sm l .40

[09:53] {Threei} Long Setup:  STT  .20 break half lot

[09:53] {Threei}  stop under 31

[09:53] {dino} hmmm

[09:53] {dino} vphm around the lows maybe, lots of q's on it

[09:54] {dino} i'll watch for feel

[09:55] {Threei}  lost 31, look for bounce off 30.50

[09:55] {ese} Q's dino??

[09:55] {Threei}  HIG really consolidates for anothermarch up it seems

[09:55] {dino} celg stop is .07 fwiw

[09:56] {dino} celg stopped -.33

[09:56] {dino} the cubes?

[09:56] {dino} don't usually trade them

[09:57] {dino} celg rinse r oni

[09:58] {dino} dltr stop to .49

[09:58] {dino} stopped .49, +.39

[09:58] {Threei}  STT bounced precisely off .51 but I don't think it gave an entry chance

[09:59] {nemo} dino, you get alot of milk out of that cow

[09:59] {dino} lol

[09:59] {dino} well if its' free....

[09:59] {cujo} got a little piece Vad.

[09:59] {nemo} talkin about the stock? or?

[09:59] {Threei}  where did you catch it?

[09:59] {cujo} .58

[09:59] {Threei}  very nice

[09:59] {cujo} thanks

[10:00] {dino} :)

[10:01] {dino} wmt gap around 48.50 fwiw

[10:02] {dino} gj cujo

[10:02] {dino} stepping back for min.

[10:04] {Threei}  FAS, if drops qwuickly into .60 area is bounce candidate

[10:09] {Threei}  these bounces are occuring off readable zones but not exact prices for the call

[10:09] {Threei}  kind of "if you get a read on it, great, if not stay away"

[10:09] {nemo} so we have to go with French ranges as opposed to German precision?

[10:10] {Threei}  that's often the case

[10:10] {Threei}  pullbacks in an uptrend are easier to nail down to exact price

[10:10] {Threei}  but we don't have uptrend today so far

[10:11] {nemo} Well, considering Thu and Fri, some consolidation would be in order.  We are in a Depression you know...

[10:11] {dino} itt sm l off the hod

[10:12] {Threei}  OK{ looks like change of heart in the market

[10:12] {Threei} Long Setup:  HIG  half lot .10 break

[10:12] {Threei}  stop under .95

[10:13] {dino} you depressed nemo?

[10:13] {dino} c'mon, lets have fun w/the sh#t market

[10:15] {dino} waiting on wmt,dltr, fdo, itt, vrtx, celg

[10:16] {Threei}  HIG is not a scalp for me

[10:17] {Threei}  anyone found entry on FAS?

[10:17] {cujo} y

[10:17] {magoo} me either vad

[10:17] {cujo} in .725

[10:17] {cujo} out for scalp

[10:17] {Threei}  :)

[10:18] {cujo} :)

[10:18] {nemo} about 10 minutes ago @ .70 stop under .60

[10:19] {nemo} 12 minutes ago

[10:19] {dino} gj guys

[10:20] {magoo} hawk..gs read

[10:20] {Threei}  1:1 HIG

[10:20] {Threei}  whatever you chose, partial or hold, stop is trailed to just under 15

[10:20] {Threei}  if you take scalp, do not trail stop {G}

[10:21] {wulff} HIG +.18

[10:21] {Threei}  AMZN

[10:21] {Threei}  FORMALLY RELEASES THE KINDLE 2 ELECTRONIC READER FOR $359

[10:21] {Threei}  - ships feb 24

[10:22] {dino} celg sm l .20, last try

[10:22] {Threei}  I'll be intereasted when that reader can just read instead of me doing that, as name implies... and transfer the knowledge to me

[10:22] {nemo} vulcan mind meld

[10:22] {Threei}  half out HIG .31

[10:22] {Threei}  stop to .05

[10:23] {magoo} AAPL animal vad

[10:23] {cosmo} i'm holding out for the implant...

[10:25] {nemo} cosmo, it'll come with a GPS chip so the gubmint will know where you are

[10:26] {_bobv} there´s no direction right now for ES futures

[10:27] {Threei}  mags... still riding hig or lightening the load?

[10:28] {dino} sort of like me bobv

[10:29] {magoo} half out boss

[10:29] {cujo} would you get back into HIG at around .20 Vad?

[10:29] {wulff} short day see ya

[10:31] {dino} cya

[10:32] {magoo} take care wulff

[10:32] {Threei}  TREASURY'S GEITHNER REPORTEDLY TO TESTIFY BEFORE SENATE BANKING PANEL ON THE TARP AT 2:30PMET ON TUESDAY

[10:33] {cosmo} sounds 'down and dirty'

[10:33] {Threei}  on the tarp? :)

[10:33] {Threei}  cosmo... your imagination... lol

[10:33] {cosmo} yeah.... the mat if you like

[10:35] {dino} so now pushed to wednesday

[10:35] {Threei}  you assume?

[10:35] {cosmo} its eternal...

[10:35] {Threei}  I don't see it announced

[10:35] {dino} spelling error in last release vad, it's carp, not tarp. lunch issues

[10:36] {nemo} no...it's TRAP

[10:37] {nemo} C&H on HIG?

[10:37] {Threei}  ok... as if whole thing was not complicated enough, they misspell vital parts... like senate lunch menu

[10:38] {dino} :)

[10:38] {Threei}  yes nemo but I hate playing breaks on it

[10:38] {dino} new chef i think, need details

[10:39] {nemo} afraid it might be a topping formation?

[10:39] {Threei}  it's generally not a breakout stock

[10:39] {Threei}  behaves well on pullbacks if nail entry right, but usually disappoints on breaks

[10:40] {Threei}  1/4 more out .64

[10:40] {Threei}  last portion with stop under .20

[10:41] {nemo} well, looks like its breaking today, bummer

[10:41] {cosmo} solr

[10:41] {cosmo} 5.50

[10:42] {cosmo} so far

[10:43] {_bobv} es futures moving higher, possible breakout of day highs

[10:46] {Threei}  see nemo?

[10:46] {Threei}  break would have trapped you

[10:46] {nemo} I bow to you oh, master...

[10:47] {cujo} Hawk, any read GS?

[10:48] {hawkfan4} working off my backup computer, looks risky here, but my setup is a mess at the moment

06[10:48] * magoo slaps hawkfan4 around a bit with a large cup of coffee to WAKE up

[10:49] {hawkfan4} should go with the market though

[10:49] {Threei}  pullback into .50 however would be a clean scalp

[10:49] {Threei}  I don't like that HIG is not making new highs with market anymore

[10:49] {Threei}  dumping last 1/4

[10:49] {Threei}  +.40 last part

[10:50] {Threei}  +.21 and .54 previous partials

[10:50] {hawkfan4} great call vad

[10:50] {Threei}  ty

[10:51] {Threei}  you guys saw laser announcement?

[10:51] {hawkfan4} yes

[10:51] {Threei}  okay

[10:51] {cujo} thanks HAwk

[10:54] {hawkfan4} np cujo

[10:54] {dino} out celg .64, +.44

[10:55] {ese} that worked dino ...good one

[10:57] {dino} out itt .15, +.40

[10:57] {dino} ty es

[10:58] {dino} t sm l .00

[10:58] {ese} didn't know you were in itt.......just looked at it nice

[10:59] {magoo} vad..i see m,message..says its easy fix...u know how?

[10:59] {Threei}  no, it says contact dave for easy fix

[10:59] {magoo} ok

[11:00] {Threei}  MS

[11:00] {Threei}  INTEND TO COTNINUE TO PAY DIVIEND

[11:00] {dino} [10:11] {dino} itt sm l off the hod\

[11:00] {Threei}  creep-up day starts shaping up

[11:00] {dino} vrtx interesting

[11:00] {Threei}  FAS buyable pullback

[11:01] {Threei}  .10 is closest support

[11:01] {Threei}  watch for dive under .20

[11:01] {Threei}  .15 area should be ideal for entry

[11:05] {Threei}  no worky

[11:08] {Threei} Long Setup:  AMZN  .05 half lot

[11:09] {Threei}  if stays above 65.90

[11:10] {ese} long NUAN .07 sm

[11:19] {magoo} anyone in amzn w/me?

[11:20] {Threei}  you are all alone in those jungles mags

[11:20] {buyemsellem} I'm in there, no machete

[11:20] {Threei}  and anacondas all over

[11:20] {Threei}  AMZN is holding like champ...needs market reversal to start working

[11:21] {Threei}  I am comfortable with 15 cents stop on a half lot

[11:22] {Threei}  market strong upticks

[11:22] {Threei}  come on you musty bookstore...

[11:23] {Threei}  no worky

[11:23] {Threei}  65.50 isd next area of interest

[11:26] {dino}  celg

[11:27] {dino} sm l .23

[11:37] {Threei}  bobv, dcc please

[11:37] {Threei}  AMZN perfect bounce off .56

[11:38] {Threei}  and just as perfectly impossible to call at the time, lol

[11:38] {Threei}  this is a trademark of todays trades

[11:38] {cujo} :)  

[11:38] {Threei}  cujo... don't tell me you got it

[11:38] {cujo} no

[11:38] {Threei}  I'll get jealous

[11:38] {cujo} but it has been a consistent theme today

[11:38] {Threei}  yeah

[11:42] {Threei}  HIG

[11:42] {Threei}  big fast pullback

[11:44] {Threei}  .30 is closest support

[11:49] {dino} cat sm l .05

[11:52] {Threei} Long Setup:  HIG  .40 if holding above .30

[11:54] {magoo} in

[11:57] {Threei} Long Setup:  FAS  .08 if stays above 11

[11:59] {Threei}  let's go market, you look ready

[12:00] {magoo} magoo takes his shotgun sites off raven and points at market...get movin slowly off his lips 

[12:00] {vint} probably waiting for word from Obama shortly

[12:01] {magoo} news"obama to name cousin osama as defense secretary"

[12:04] {Threei}  HIG lost will to live

[12:07] {dino} lol

[12:10] {Threei}  gotyta wait out this period of narrow directionless up and down

[12:11] {Threei}  (US) PRESIDENT OBAMA: 90% OF THE JOBS CREATED BY STIMULUS PACKAGE WILL BE PRIVATE JOBS, CRISIS IS "DEEP AND DIRE"

[12:13] {elepet} hello from hot sunny Mexico. internet off and on. on for the moment

[12:13] {larisa} hi elepet :)

[12:16] {Threei}  elepet :)

[12:17] {_bobv} jajaja

[12:17] {Threei}  strong feeling that market prepares for a 'ally

[12:17] {_bobv} same thing for colombia elepet

[12:18] {Threei}  ok, probably one more little pullback in order, then ramp-up

[12:20] {magoo} candidates vad

[12:20] {Threei}  want FAS under 11.10

[12:20] {Threei}  RIMM.60 break if stays above .45

[12:21] {Threei}  RIMM invalidated

[12:21] {Threei}  AAPL is probably better candidate

[12:22] {Threei}  .85 long

[12:26] {elepet} fas . or did i miss something?

[12:27] {elepet} this is slightly crazy. some things work some don't

[12:27] {Threei}  half out AAPL on a spike above 103

[12:28] {Threei}  FAS never lost .10, had to get it above

[12:30] {magoo} kickin AAPL 

[12:33] {ese} outta here...still long NUAN...it ain't doin much will exit at end of the day

[12:33] {Threei}  take care ese

06[12:33] * magoo slaps ese around a bit with a large roll of cash

[12:33] {ese} tks needed that

[12:36] {Threei}  let's see if this pullback gives us FAS entry

[12:38] {Threei}  ECB: HYBRID SCHEME FOR BAD BANKS, AND ASSET PURCHASES SHOULD BE CONSIDERED BY GOVERNMENTS - DRAFT

[12:39] {cujo} b MCD .31

[12:41] {Threei}  US TREASURY SPOKESPERSON: GEITHNER PLAN TO BE ANNOUNCED TOMMOROW IS 'COMPREHENSIVE', BANK RESCUE PLAN 'IN TACT';

[12:44] {Threei}  market lost it again

[12:44] {cujo} MCD -.08

[12:45] {Threei}  US PRESIDENT OBAMA: STIMULUS PACKAGE TO 'DOUBLE' ALTERNATIVE ENERGY PRODUCTION IN THE US

[12:46] {nemo} I love when politicians make pronouncements about how their actions will pan out

[12:51] {Threei}  is it me or it's next to impossible to get pubback entries right today

[12:51] {Threei}  missed frikin FAS again

[12:51] {nemo} it's you

[12:51] {larisa} and us :)

[12:51] {magoo} your right

[12:51] {nemo} Larisa is soooooo........Larisa

[12:52] {Threei}  look at it go

[12:52] {nemo} hi larisa...

[12:53] {larisa} hi captain :)

[12:54] {nemo} cute :)

[12:54] {nemo} I'm having identity problems, I don't know whether I'm Oddyseus, an undersea madman, or a fish

[12:55] {magoo} someone else kick AAPL for awhile...tired

06[12:56] * nemo throws a reverse long side kick at aapl

[12:57] {magoo} dude..wrong end

[12:58] {nemo} sorry...

[12:58] {nemo} It usually works on real bodies

[12:58] {nemo} might get your FAS pullback

[13:00] {Threei}  feels like FAS just wants to go up into the finanscial rescue package announcement, setting the trap for buyers on announcement itself

[13:00] {nemo} Didn't it peak out @ about 12 recently

[13:01] {Threei}  12.33

[13:01] {Threei}  01/28

[13:01] {nemo} That would be coincidental with the announcement.  Yep, scary

[13:02] {Threei}  market next leg up is coming

[13:02] {nemo} Where to mon frere?

[13:03] {Threei}  should tag day high this time, then consolidate again

[13:04] {Threei}  SMSC

[13:04] {Threei}  GUIDES Q4 AT HIGH END OF R$45-51M V $47.1ME, GUIDES Q1 HIGHER THAN Q4 V $53.3ME

[13:04] {dino}  smsc

[13:07] {Threei}  GE... non-stop

[13:08] {Threei}  US SENATE MAJORITY LEADER REID: MUST COMPLETE STIMULUS BILL WORK THIS WEEK

[13:08] {Threei}  this week?

[13:08] {larisa} lol

[13:08] {Threei}  what happened to 3 previous dates

[13:09] {larisa} similar to daytraders, flexible and change their mind a lot

[13:09] {vint} looks like FAS has few more days on upside

[13:12] {nemo} Interesting for you history buffs. GE's 52 week low was 10.66

[13:15] {hawkfan4} GS coiled

[13:16] {vint} vad- time for HIG to breakout? up or down...moving in very narrow range?

[13:16] {Threei}  I'd leave this thing alone

[13:16] {Threei}  doesn't go with financials

[13:16] {Threei}  doesn't go with market

[13:16] {Threei}  nothing to hang your hat on

[13:16] {vint} got it, thanks

06[13:18] * nemo says pretty please to apple for Magus

[13:20] {Threei}  what's this about?

[13:21] {nemo} You mean the pull back?

[13:21] {Threei}  if you can call it that

[13:21] {Threei}  rather like smashing one's forehead of lamp post and dropping like a potato bag

[13:22] {nemo} When did we go out drinking?

[13:24] {magoo} ill be back..gotta reboot

[13:25] {nemo} Mags must be watching porn again

[13:32] {Threei}  FAS, looking for entry near .20

[13:33] {Threei}  first strength from here

[13:34] {nemo} full or half lot

[13:34] {Threei}  in

[13:34] {Threei}  .21

[13:34] {Threei}  stop under .15

[13:34] {Threei}  full, stop is small

[13:34] {vint} in

[13:35] {Threei}  come on, time to bounce, really

[13:35] {dawg} Vad pick up some more PALM here?

[13:36] {Threei}  not sure, not much life to it today

[13:36] {dawg} k

06[13:38] * Threei kicks market, FAS and neighbor passing by in the rear

[13:38] {nemo} wow, you're flexible

[13:42] {nemo} eh...lunch doesn't get over for another 20 minutes

[13:43] {Threei}  half out .30

[13:45] {nemo} see the teleport @ 13:43

[13:46] {Threei}  if drops under .20, want to try to get that half back

[13:47] {Threei}  if goes up, looking to sell around .40 or higher, and enter STT on .50 break if stays above .35

[13:47] {Threei}  half lot for STT

[13:47] {nemo} stt

[13:49] {dino} vrtx sm l .32

[13:54] {Threei}  time for someone to come out and say they have enough votes to pass the bill

[13:54] {Threei}  can they work for us just once?

[13:54] {nemo} Why should things change?

[13:56] {Threei}  FR) FRENCH WORKER UNIONS REPORTEDLY ASKING FOR A NATIONWIDE STRIKE ON MARCH 19 FOR PROTESTS OVER ECONOMIC SITUATION -

[13:57] {Threei}  lol

[13:57] {Threei}  ain't it a beauty

[13:57] {nemo} did you buy back Vad

[13:58] {Threei}  .21

[13:58] {Threei}  saem price, same stop

[13:58] {nemo} STT aproaching .50

[14:01] {Threei}  out half FAS .34

[14:01] {dino} chanserv is tough

[14:02] {Threei}  didn't STT invalidate?

[14:02] {magoo} back

[14:05] {hawkfan4} STT hit .32

[14:11] {nemo} buying again vad?

[14:11] {Threei}  not sure about third time

[14:11] {nemo} twice is twice...

[14:11] {Threei}  will let it stay as it is

[14:12] {Threei}  market is badly confused about what it wants

[14:13] {vint} did FAS developed bear flag and going down ?

[14:13] {Threei}  ummm

[14:13] {Threei}  contradictive sentence

[14:14] {Threei}  for a bear flag it had to show small bounce on a shallow volume

[14:14] {Threei}  not what happened

[14:14] {vint} oh..yes

[14:14] {vint} thanks!

[14:24] {hawkfan4} anyone know the easy fix for the Laser quote problem?

[14:25] {Threei}  dave does

[14:25] {hawkfan4} ok, thx

[14:26] {Threei}  selling accelerates

[14:26] {Threei}  no news

[14:28] {Threei}  market often experiences hangover on Mondays, but with today's events and expectations feeling was it had a chance for more direction than this

[14:28] {magoo} i do hawk dcc

[14:28] {Threei}  instead we got old http://realitytrader.com/vad/Mondays-Suck-Video.wmv

[14:29] {larisa} funny. looks like he is suffering from global warming too :)

[14:30] {magoo} HAWK DCC

[14:30] {hawkfan4} thx mags

[14:32] {magoo} :)

[14:32] {magoo} call me losermagoo

[14:32] {magoo} oops laser that is lol

[14:35] {Threei}  let's start lookinh for reversal entries?

[14:35] {nemo} FAS .00 stop .95?

[14:35] {Threei}  break of

[14:35] {nemo} 11

[14:35] {Threei}  .95 I don't know

[14:35] {Threei}  doesn't look right

[14:36] {Threei}  low is .93 on the last drop

[14:36] {nemo} quasi ouble bottom she's beggining upward wedge and it's after lunch now

[14:36] {Threei}  that's tru... just stop too tight

[14:37] {magoo} how about AAPL vad..strong

[14:37] {magoo} or RIMm nears low

[14:38] {Threei}  can't tell anything on those two

[14:38] {magoo} with mkt of couser

[14:38] {Threei}  they don't have their own formations

[14:44] {Threei}  hate these sudden up and down jerky moves

[14:49] {magoo} i just luv 'um lol

[14:49] {Threei}  sigh

[14:51] {Threei} Long Setup:  DRYS  .40 break , stop under .25

[14:51] {Threei}  for scalpers stop under .30

[14:52] {cujo} in .43

[14:58] {Threei}  will we reverse today at all??

[15:01] {magoo} frustrating eh?

[15:02] {Threei}  feels like it's time

[15:04] {Threei}  but every time it's ready, it gets smacked down

[15:04] {Threei}  whoa

[15:04] {Threei}  DRYS

[15:04] {Threei}  out

[15:04] {cujo} wow

[15:04] {Threei}  .55

[15:04] {cujo} hit my limits fast

[15:04] {cujo} geez

[15:04] {Threei}  what was that?

[15:04] {Threei}  not that I mind

[15:05] {cujo} that was inpressive...

[15:05] {nemo} sometimes it's better to be lucky than good

[15:05] {larisa} i helped you a little so you feel better :)

[15:05] {Threei}  thank you

[15:05] {larisa} yw

[15:05] {Threei}  how did you do that? :)

[15:05] {cujo} just said that to KS about an hour ago....

[15:05] {larisa} I have my ways

[15:05] {nemo} what, that you helped cujo?

[15:05] {nemo} shaman people...geez

[15:06] {cujo} no, better lucky than good

[15:06] {nemo} oh

[15:07] {Threei}  larisa, if I buy DRYS again, will you do that once more?

[15:07] {larisa} no

[15:07] {Threei}  sigh

[15:08] {Threei}  no news to warrant that

[15:08] {Threei}  just teleportation

[15:08] {Threei}  oprogram trading gone wild

[15:09] {Threei}  having order out there at .55 was just what doctor prescibed

[15:10] {vint} mine was at .60

[15:10] {Threei}  3 cents shy

[15:10] {Threei}  topped at .57

[15:10] {vint} yep

[15:13] {Threei}  look at this chop

[15:14] {nemo} lota volatility in the S&P

[15:14] {Threei}  it;s scalpable, just dopn't chase anything

[15:14] {Threei}  these sharp drops are buyable for 10 cents spikes

[15:15] {nemo} yeah, might get reverse scalped

[15:15] {Threei}  DRYS just did it to .36 and back to .45

[15:15] {Threei}  FAS to 10.90 and back ro 11.04

[15:15] {dino}     zzzzzzzzzzzzzzzzzzzzzzzzzzzzz

[15:15] {Threei}  requires some steel body parts though

[15:16] {nemo} or zoloft

[15:17] {Threei}  vint... put order above .50 in on DRYS, in case it does it again

[15:17] {larisa} I made 2 snow people yesterday, snowgirl and snowguy. Hope neighbours will not call police on me.

[15:18] {vint} yep, trying at .55

[15:18] {Threei}  depends on how you equipped them

[15:18] {larisa} life like.. I am artsy, you know

[15:19] {nemo} I think positioning might be an issue

[15:19] {Threei}  lol

[15:19] {cosmo} abominal maybe?

[15:20] {larisa} lol, no :)

[15:21] {nemo} careful Mags might have to reboot again

[15:21] {cosmo} abominable?

[15:21] {nemo} Bumbles

[15:22] {nemo} FFFFAS!!!!

[15:22] {larisa} 'ally, back to trading

06[15:22] * magoo slaps nemo around a bit with a large trout

[15:22] {magoo} oldie but goodie

[15:22] {nemo} nemo pulls off larisa's snow people's appendages and throws them at Magoo

[15:23] {nemo} oops, forgot.

[15:23] {cujo} Vad, PALM break above 8.15?

[15:24] {Threei}  not sure cujo

[15:24] {Threei}  PALM kind of take backseat in this battle of bills

[15:24] {cujo} got ya. 

[15:25] {dino} vrtx stop to .47

[15:25] {dino} stopped +.15, bad entry

[15:30] {Threei}  if market remains tru to its today's self, FAS should drop to under .20 now

[15:30] {Threei}  then spike to who knows where

[15:37] {Threei}  hard to imagine anyone willing to be short FAS into tomorrow

[15:37] {vint} not me

[15:37] {vint} unless u tell

[15:37] {Threei}  no way

[15:38] {vint} :)

[15:39] {Threei}  here comes drop under .20

[15:40] {Threei}  in .13

[15:40] {dptl} have a good evening all

[15:40] {Threei}  take care dp

[15:40] {Threei}  stop under 11

[15:40] {Threei}  for extreme scalpers under 11.10

[15:40] {vint} in .13

[15:42] {Threei}  come on, should try for .30 or so

[15:43] {nemo} I thought you were scalping

[15:43] {Threei}  should have

[15:43] {nemo} FAZ still showing strength

[15:45] {patience} i am a doubting thomas...lining up my shopping list and watching qid

[15:52] {Threei}  come on market, how about some short covering for the last minutes

[15:52] {Threei}  all 8 of them

[15:52] {dino} ok

[15:53] {Threei}  larisa... apply your powers

[15:53] {larisa} can not. I only do it when you are to unhappy and remind me of magoo too much. now you are ok.

[15:53] {nemo} Remind her of Magoo...ooohhhhh

[15:54] {magoo} good times :)

[15:54] {nemo} heheheheheh

[15:54] {nemo} need to reboot Vad?

06[15:54] * Threei slaps nemo around a bit with a large trout

06[15:55] * nemo takes it willingly because he deserves it

[15:55] {dino} lol

[15:56] {nemo} that's not funny Mags

[15:56] {Threei}  useless market today

[15:57] {Threei}  out FAS

[15:59] {dino} out celg .23 flat

[15:59] {vint} out 

[15:59] {cujo} ugh

[16:00] {Threei}  oh well

[16:00] {larisa} bye all, better day tomorrow! :)

[16:00] {dino} cya larisa

[16:00] {nemo} Let's call it a day.  P&Q

[16:00] {Threei}  had to stop trading after two morning trades, lol

[16:00] {cujo} :)

[16:00] {Threei}  okay guys, tomorrow will be at least interesting

[16:00] {vint} morning calls worked great

[16:01] {Threei}  yeah, the rest was waste of profits

[16:01] {Threei}  have a good evening, see you tomorrow

[16:01] {buyemsellem} thanks see you tomorrow

[16:01] {vint} see u all on wed, might be out tomorrow

[16:02] {magoo} y all

[16:02] {magoo} ty

[16:11] {dino} ok gotta hop, take care all