Apr 27 2009

Somewhat empty day. Slightly positive but nothing to write home about. Whole swine flu thing took the market off track.

Session Time: Mon Apr 27 00:00:00 2009

[07:56] {nemo} Gawd...this window header stuff has taken on a life of it's own!

[08:02] {fernp} Good morning

[08:03] {nemo} :)

[08:03] {fernp} Bin Laden May Be Dead According to Pakistan's Intelligence http://www.bloomberg.com/apps/news?pid=20601087&sid=aFTKaoi4lFNg

[08:04] {nemo} They roll that headline out every year

[08:17] {pita} greetings

[08:27] {dptl} good morning all

[08:28] {nemo} gm

[08:41] {Threei}  Good morning

[08:41] {larisa} morning :)

[08:41] {dptl} good morning

[08:41] {fernp} gm

[08:42] {Threei}  latisa, dp, fern :)

[08:47] {KSystems} morning :)

[08:48] {ese} morning

[08:50] {Threei}  ks, ese :)

[08:51] {Threei}  ese look dcc please

[08:55] {jfjf64} gd mornin all

[08:55] {Threei}  jf :)

[09:04] {cosmo} NVAX trading at a feverous pace

[09:05] {Threei}  swine flu play

[09:05] {cosmo} 3.10 to 3.95 range

[09:05] {Threei}  GNBT is another

[09:06] {cosmo} BCRX

[09:07] {cosmo} PURE

[09:08] {cosmo} QDEL: # Quidel falls to 1Q loss on weak flu seasonAP(Thu, Apr 23)

[09:09] {cosmo} good time to start a tea tree farm maybe

[09:20] {i2romantis} morning all

[09:21] {cosmo} CRXL

[09:22] {Threei}  i2r :)

[09:22] {nemo} Can we trust quotes Vad?

[09:24] {magoo} morn

[09:24] {Threei}  doesn't look like it

[09:24] {Threei}  INET is stuck

[09:24] {nemo} so sit it out until resolved?

[09:24] {Threei}  look at T&S and compare to level 2

[09:24] {Threei}  usually T&S is accurate

[09:24] {Threei}  if you swicth server, you will see corrected level 2

[09:25] {dino} gm all

[09:25] {Threei}  dino :)

[09:25] {nemo} what servers to use vad?

[09:28] {Threei}  they all screwed up

[09:28] {Threei}  hmm

[09:28] {Threei}  seems better

[09:28] {nemo} Well..how's the weather?

[09:29] {Threei}  I am on 7th

[09:29] {nemo} quote or chart?

[09:29] {Threei}  no, still delayed

[09:31] {Threei}  NVAX looks determined

[09:32] {magoo} gild drops a point

[09:33] {vint} good morning all

[09:33] {Threei}  vint :)

[09:34] {nemo} fas closing the gap

[09:35] {Threei}  watching FAZ for pullback and double bottom

[09:35] {Threei}  8.55 support

[09:35] {Threei}  would like to get it as close to it as possible

[09:36] {Threei}  around .60 if shows strength

[09:36] {Threei}  if not going there, then .70 break

[09:36] {dptl} in.68

[09:37] {Threei}  stop under .60 for scalp or under .55 for bigger trade

[09:38] {dptl} half out .78

[09:40] {dptl} all out ty

[09:40] {dptl} faz

[09:42] {Threei}  let's try to find GILD entry

[09:42] {Threei}  half lot only, stock is too volatile

[09:43] {Threei}  great... jumped as I was ttypoing .10 break, lol

[09:43] {jfjf64} crazy

[09:43] {nemo} where auto correct in Laser?

[09:44] {Threei}  right click on level 2

[09:44] {Threei}  tab Level II

[09:45] {Threei}  section Auto Correction

[09:45] {nemo} ty

[09:45] {Threei}  check upper box, keep 0

[09:45] {magoo} in gild btw .40

[09:46] {Threei}  I'

[09:46] {magoo} out .71 TY vad

[09:46] {Threei}  d be taking prifit near .70

[09:46] {Threei}  good exit

[09:46] {Threei}  ENER

[09:46] {Threei}  HEARING RENEWED TAKEOVER CHATTER

[09:46] {magoo} FL too lol

[09:48] {Threei}  BCRX pullback is geting interesting

[09:48] {Threei}  fast seling under 4 is what I want to see

[09:49] {Threei}  FAZ again

[09:49] {Threei}  .60 break if holsding .55

[09:49] {Threei}  keep stop religiously, if it loses .55 will dive fast

[09:51] {dptl} in .61

[09:51] {nemo} in

[09:52] {Threei}  stopped

[09:52] {dptl} stopped

[09:52] {nemo} yeah the nas and spy were strengthening

[09:53] {jfjf64} stopped

[09:53] {magoo} FITB str up

[09:54] {ese} yup been watchin it....interesting

[09:54] {ese} it had pretty good numbers last week

[09:54] {magoo} financials strong

[10:02] {magoo} .

[10:04] {i2romantis} lol, my morning is done. as freaky as it can be, holding overnight or weekend can be fun :)

[10:04] {nemo} it can suck too

[10:04] {nemo} glad you got the bull and not the horn

[10:05] {i2romantis} :)

[10:05] {i2romantis} see you guys tomorrow

[10:05] {Threei}  take care i2r

[10:05] {fernp} bye

[10:05] {magoo} sigh

[10:07] {magoo} DNDN vad

[10:07] {magoo} nutsaroolla

[10:09] {Threei}  US CDC MAY REPORTEDLY BE ISSUING TRAVEL RECOMMENDATIONS REGARDING SWINE FLU LATER TODAY

[10:09] {Threei}  {NVAX BCRX GILD ROG.SZ GSK.UK}

[10:10] {Threei}  DNDN no news

[10:10] {magoo} beyond volatile

[10:11] {magoo} futes weak

[10:11] {vinod} just a test

[10:11] {vinod} working

[10:12] {vinod} good morning

[10:13] {Threei}  vinod :)

[10:13] {Threei}  WSJ: LARGE COMMERCIAL JET SEEN FLYING LOW OVER HUDSON RIVER BEING ACCOMPANIED BY MILITARY JET

[10:13] {Threei}  what's going on today

[10:14] {ese} did anyone esle get cut off or was that just me

[10:15] {nemo} I stoved your ip address

[10:15] {Threei}  there was server hiccup

[10:15] {nemo} not :)

[10:15] {ese} tks nemo.......

[10:15] {wulff} WFC long here

[10:15] {wulff} me 

[10:16] {nemo} still dating wfc huh wulff :)

[10:16] {wulff} see'um as I see'um

[10:17] {nemo} great one on Friday if I remember...scooped it right off the floor

[10:17] {wulff} yes

[10:18] {jfjf64} keep gettin knocked off server   anyone else

[10:18] {nemo} no

[10:18] {patience} me too

[10:18] {vinod} me too

[10:21] {magoo} vad..we in anything

[10:21] {Threei}  no

[10:22] {nemo} so NO ENTRY! has multiple applications

[10:22] {magoo} vad, no what?

[10:22] {pita} FITB consolidating...

[10:23] {wulff} seems to be some financial funny business today

[10:25] {ese} straight out of Vads book Pita.......

[10:25] {ese} same thing with HBAN

[10:26] {pita} aye

[10:30] {ese} aye laddie

[10:30] {dino} out blud .25, +1.00 holdover from fri

[10:30] {dino} sm l ctcm .25

06[10:30] * magoo slaps dino around a bit with a large trout

[10:30] {ese} is it an entry ye be wan'en

[10:31] {magoo} holds dont count lol

[10:31] {nemo} shouldn't that be a large roll of cash mags?

[10:31] {dino} lol

[10:31] {pita} aye it is

[10:31] {pita} is = tis

[10:31] {magoo} what..u a pirate now lol

[10:31] {nemo} irish

[10:31] {pita} bored

[10:32] {nemo} what nationality is that?

[10:32] {ese} combination scotish/ irish

[10:32] {pita} mutt

[10:32] {nemo} I'm from the pound too

[10:33] {dino} rcl beat up on swine

[10:34] {dino} ccl too

[10:34] {pita} FITB'd gonna break - more likely down?

[10:34] {nemo} what about dis?

[10:35] {magoo} new movie release...the baconator

[10:35] {dino} dis or dat?

[10:35] {ese} or dez or doz or dem

[10:36] {nemo} der die das die dem der den des

[10:36] {nemo} huh K!

[10:36] {dino} rcl gap around 11.75

[10:39] {Threei}  WFC

[10:39] {Threei}  REPORTEDLY TO RE-MARKET $2.84B IN DEBENTURES ORIGINALLY DUE 2033

[10:39] {Threei}  - Re-market not seen producing any net-profits

[10:39] {wulff} good boy WFC

[10:40] {ese} now theres one i haven't heard before...remarket debentures.....how does that work

[10:40] {Threei}  no idea

[10:41] {dino} lipstick helps

[10:42] {ese} when i took that useless Canadian Securities course we studied debentures but not that concept

[10:44] {Threei}  nice spike WFC

[10:44] {ese} right along with qqqq

[10:48] {dino} ilmn sm l .00

[10:54] {dino} out ctcm .10, +.85

[10:58] {jfjf64} keep getting kickerd off     we in anythin 

[10:58] {Threei}  no

[10:58] {jfjf64} ty

[10:59] {Threei}  F is trying Fri high

[11:00] {nemo} still awake vad

[11:01] {Threei}  pace is so strange whole morning, can't get a feel for what's happening

[11:02] {nemo} advancers are only 31% 56% for decliners

[11:02] {dino} just said same thing to magoo

[11:03] {dino} lackluster

[11:03] {nemo} I'm getting coffee, see if that helps

[11:04] {magoo} i went emergency room friday nite..yup, ankle broke

[11:04] {magoo} so i have to leave today @ 12:30 for ortho apptm

[11:04] {magoo} been walking on it for 7 days lol

[11:05] {pita} ouch

[11:05] {pita} ankle is complicated joint

[11:05] {magoo} tell me about it 

[11:06] {pita} yeah, sorry

[11:08] {nemo} didn't work

[11:11] {Threei}  RMBS

[11:12] {Threei}  HEARING RENEWED TAKEOVER CHATTER CIRCULATING

[11:12] {Threei}  - Samsung rumored as potential acquirer north of $15/shr

[11:19] {jfjf64} vad  recieved course mail today   ty

[11:19] {Threei}  great

[11:20] {jfjf64} ill call ya  next sat at  9am eastern   see how  ya doin    lol

[11:20] {Threei}  death wish?

[11:21] {Threei}  watching WFC for bounce scalp

[11:21] {Threei}  quick sellogg into .60 would be interesting

[11:25] {vinod} market is dead

[11:25] {Threei}  very much so

[11:26] {Threei}  and morning move was so reserved, couldn't really find any worthy plays

[11:27] {nemo} just slowly diminishing reversals

[11:29] {vinod} The market rewards patience traders

[11:29] {Threei}  watching GILD for possible .50 - .60 range, then break

[11:30] {Threei}  one more such move down then up, and I will be interested

[11:30] {Threei}  here is down

[11:30] {Threei}  if holding .50 and breaks .60, long

[11:30] {nemo} invalumadated

[11:31] {Threei}  yeah

[11:32] {vinod} well time for liquid lunch is coming

[11:32] {jfjf64} ya

[11:32] {nemo} where you going vinod?

[11:33] {vinod} at fire and ice

[11:33] {jfjf64} wfc

[11:33] {nemo} Not familiar with that place...Frankly I stay out of the city

[11:33] {vinod} on berkely street

[11:34] {nemo} o.k.

[11:34] {Threei} Long Setup:  GILD  .45 break

[11:34] {Threei}  stop under .40

[11:34] {Threei}  just a scalp most likely

[11:35] {magoo} in

[11:35] {vinod} in

[11:35] {vinod} stop at 0.38

[11:36] {Threei}  1:1, lol

[11:36] {Threei}  and over

[11:36] {vinod} move stop to 0.45

[11:36] {Threei}  WFC is getting there

[11:37] {vinod} now 0.50

[11:37] {vinod} done

[11:38] {Threei}  why not just take profit when it's almost 1:2?

[11:38] {Threei}  it was intended as a scalp from the get go

[11:38] {nemo} don't feel bad vinod...been there done that

[11:38] {vinod} hope--i had a hope it may go to more

[11:38] {Threei}  it's a hi-bye-niceknowingyou kind of play

[11:38] {nemo} hopehopehopehopehopehopehopehopehopehopehopehope

[11:39] {nemo} no hope

[11:39] {nemo} evil word

[11:39] {nemo} damn caffeine

[11:39] {Threei}  one thing I'd do differently if tried to maximize it vinod:

[11:39] {Threei}  moving stop to breakeven after 1:1 is reached makes sense,

[11:40] {vinod} thanks vad

[11:40] {magoo} i still in

[11:40] {Threei}  but next trail was a bit too overtightened

[11:40] {Threei}  if you really want to go for a run while avoiding loss, keep the stop at breakeven,

[11:40] {nemo} Why am I not surprised mags is still in

[11:40] {Threei}  don't give it chance to shake you out so easily

[11:41] {Threei}  look at it this way:

[11:41] {dptl} i did that first half .55 and than .49 gild ty

[11:41] {Threei}  if you were willing to sacrifice 10 cents profit for the chance of bigger run and at the risk of profit evaporating,

[11:41] {magoo} just thought it hasd more

[11:41] {Threei}  what sense does it make to lock in 4 cents profit by moving stop to .50?

[11:41] {Threei}  see my point?

[11:42] {Threei}  accept breakeven as worst case scenario and give it breathing room

[11:42] {jfjf64} wfc

[11:42] {Threei}  but .50 is almost guaranteed shakeout

[11:43] {vinod} o.k i got it should have at breakeven pot

[11:43] {magoo} out .66 TY

[11:43] {magoo} +.21

[11:43] {Threei}  yeah, there is a contradiction between refusing to take 10 cents for the chance of bigger run, yet tightening stop to 4 cents :)

[11:43] {Threei}  welcome mags

[11:46] {nemo} wfc wulff

[11:46] {dino} titn

[11:47] {nemo} jf

[11:47] {jfjf64} not yet

[11:47] {jfjf64} waitin for .60

[11:47] {nemo} nope

[11:48] {jfjf64} nope nope

[11:48] {dino} l .95

[11:48] {Threei}  .64-.65 was it... was a bit too fast there for confident entry

[11:48] {nemo} higher low inside the bollinger bands

[11:49] {wulff} still holding

[11:54] {Threei}  FTC CHAIR: INTERNET COMPANIES APPROACHING THEIR 'LAST CHANCE' TO SELF REGULATE

[11:54] {Threei}  huh?

[11:55] {nemo} taxes

[11:56] {Threei}  DNDN

[11:56] {Threei}  the thing is beyond risky

[11:56] {Threei}  but I swear it's preparing another stunning run

[11:56] {nemo} gild headed back to support

[11:57] {jfjf64} entry??

[11:58] {Threei}  22 break... half lot

[11:58] {Threei}  risky as hell

[11:58] {dptl} stop?

[11:59] {Threei}  if sets up from here, under .90

[11:59] {dptl} ok ty

[12:00] {magoo} ok..i gotta run, er um, hobble..to my ortho apptmt

[12:01] {Threei}  good luck mags

[12:01] {magoo} c u tomorrow

[12:01] {magoo} ty

[12:01] {nemo} good luck Mags

[12:03] {Threei}  come on DNDN... you know you want it

[12:03] {nemo} just think of how many are looking at that chart?

[12:03] {ese} ahhhhh  haaaaaa.......how dare you kick my butt..........trout ok but ....butt....well i never

[12:03] {nemo} ese!  wtf?

[12:04] {ese} the admin kicked me from the server....well i nver

[12:04] {nemo} oh

[12:05] {Threei}  sure... you used incorrect username, lol

[12:05] {jfjf64} still valid

06[12:05] * nemo slaps ese around a bit with a large copy of UNIX for dummies

[12:05] {Threei}  with half, lot... to me, yes

[12:06] {Threei}  just no market orders

[12:06] {ese} tks i needed that

[12:06] {Threei}  that will get you in at the price you would rather sell, lol

[12:07] {dptl} in .85 stop

[12:10] {Threei}  too long pause after such a break

[12:11] {dptl} stopped -.18

[12:15] {pita} gotta go guys, cu later

[12:15] {Threei}  take care pita

[12:15] {ese} see ya pita

[12:23] {nemo} that's a dramamine stock

[12:23] {Threei}  shakeout...

[12:23] {Threei}  oh well

[12:25] {Threei}  sigh

[12:27] {dptl} usb?

[12:28] {Threei}  don't see anything there

[12:29] {Threei}  FDIC'S BAIR: WE HAVE MOVED BEYOND THE LIQUIDITY CRISIS SEEN LAST YEAR

[12:30] {dptl} hmm .15 .25 wasn't that consolidation? 

[12:31] {Threei}  I don't see it giving anything worthy

[12:33] {Threei}  (MX) MEXICAN HEALTH MIN: DEATH TOLL FROM SWINE FLU IS UP TO 149 PEOPLE

[12:34] {jfjf64} wfc sellin

[12:34] {dino} titn to flat mkt drop

[12:35] {dino} forr

[12:37] {Threei}  GILD interestingly strenghtening

[12:42] {chinggis} FAZ going for 9?

[12:47] {dino} ilmn stopped -.32

[12:49] {jfjf64} nice to get losses out of way      

[12:49] {Threei}  can't tell really on FAZ

[12:49] {Threei}  things just slow

[12:50] {chinggis} ok ty

[12:53] {Threei}  (MX) WITNESSES SAY BUILDINGS SHAKE FROM POSSIBLE EARTHQUAKE IN MEXICO CITY

[12:53] {Threei}  ummm

[12:53] {Threei}  someone up there decided to eliminate Mexico altogether?

[12:56] {vinod} just my 2 cent--SRS is flying

[12:59] {dino} ctcm sm l .25

[13:01] {Threei}  TREASURY'S $40B 2-YEAR NOTE AUCTION BID-TO-COVER RATIO: 2.72 V 2.71 PRIOR AND 2.42 AVE OVER LAST 10 AUCTIONS

[13:07] {Threei}  Mondays are often hard to findsomething tradable, but this slow - it's rare

[13:07] {nemo} May starting early

[13:07] {Threei}  I don't know if standard "slow summer" will hold this year

[13:08] {Threei}  certainly didn't last summer

[13:08] {Threei}  it was the most active I've ever seen

[13:08] {nemo} Thinking that myself

[13:08] {Threei}  august, traditionally the most dead month, was unbelievably active and readable

[13:11] {Threei}  I'd think it's a pure swine flu reaction today

[13:12] {Threei}  it kind of interrupted the normal flow of events by this rapid over the weekend develoment

[13:12] {Threei}  market was in a process of setting up the trap

[13:12] {Threei}  climb up into stress test results, drop like stone after positive resluts are announced - that was the idea, IMO

[13:13] {Threei}  suddenly this swine thingy comes along and injects whole new factor to account for

[13:13] {Threei}  travel and ailine names get killed, biotechs get lifted

[13:14] {dino} ccl sm l .01

[13:14] {Threei}  in other words, sectors that were not in focus of attention at all suddenly jumped in play

[13:14] {Threei}  syphoned money and attention

[13:18] {jfjf64} said very nicely vad

[13:18] {nemo} Vad doesn't do "nice"

[13:19] {jfjf64} im a newbie here    

[13:19] {nemo} Yeah, smart to suck-up to the boss

[13:20] {Threei}  magoo's real boss

[13:20] {nemo} that's scary

[13:20] {nemo} Yeah...let's talk about Magoo, he's not here to defend himself

[13:24] {ese} signing off.....see you all tomorow....

[13:25] {nemo} nice day ese

[13:25] {Threei}  take care ese

[13:25] {ese} see ya nemo vad

[13:25] {dino}  r4mbs

[13:26] {dino} rmbs

[13:29] {Threei}  starting to see FAS entry

[13:30] {Threei}  see = seek

[13:30] {dino} ccl stopped

[13:31] {dino} -.32

[13:33] {Threei}  want to see it pulling back off .90

[13:33] {Threei}  then either making double bottom closer to .80

[13:34] {Threei}  or holding above .85 and breaking .90

[13:34] {Threei}  IRS REPORTEDLY PREPARING TO INVESTIGATE OTHER OFFSHORE BANKS BESIDES UBS FOR HELPING CUSTOMERS EVADE TAXES

[13:34] {Threei}  held .85 so far

[13:35] {Threei}  .90 break long for scalp if holding above .85

[13:35] {dptl} in

[13:36] {Threei}  RMBS

[13:36] {Threei}  REPORTEDLY ANTI-TRUST CASE AGAINST MANUFACTURERS IS BEING ALLOWED TO GO FORWARD

[13:41] {dptl} out ty

[13:41] {Threei}  pesky scalper

[13:43] {Threei}  oh wait... I called it as a scalp

[13:43] {Threei}  {--- pesky caller

[13:43] {dptl} there :)

[13:43] {Threei}  lol

[13:43] {nemo} so, is it a scalp, or a daytrade?

[13:44] {Threei}  UN OFFICIAL: SWINE FLU DOES NOT APPEAR TO BE THREATENING FOOD CHAIN; LIMITED TO HUMANS

[13:44] {nemo} glad the animals will survive

[13:44] {larisa} lol

[13:44] {Threei}  that's good I assume... even if we all extinct, food will still be safe

[13:44] {nemo} Then we become worm or buzzard food

[13:44] {Threei}  out FAS

[13:44] {Threei}  .98

[13:44] {fernp} out here 2:1 

[13:45] {fernp} ty Vad

[13:45] {Threei}  sure

[13:45] {Threei}  chicken feed today

[13:45] {Threei}  but whatever... there is no bird flu right now

[13:49] {nemo} Any thoughts if Fas Holds here?

[13:50] {Threei}  feels to me like going lower

[13:50] {nemo} the indexes are't helping, that's for sure

[13:52] {Threei} Long Setup:  FAZ  .90

[13:52] {Threei}  stop under .85

[13:54] {nemo} scalp I assume?

[13:54] {nemo} nevermind

[13:54] {Threei}  invalidated... let's wait for now

[13:55] {Threei}  want ti to resstablish the range

[13:55] {nemo} or, creating a longer double bottom in fas?

[13:56] {Threei}  nah... FAS should break down

[13:57] {nemo} look at the volumes, or lack thereof...

[13:59] {Threei}  don't know about this setup... kind of not here nor there

[13:59] {nemo} fas or faz?

[13:59] {Threei}  lol

[13:59] {Threei}  both

[14:00] {nemo} definite maybe, huh?  although, there was another scalp in FAS

[14:00] {Threei}  after 4 tests of the bottom, no way I'd bet on that

[14:01] {nemo} no, but there seem to be cycles, and we are coming out of the lunch period and it's been downtrending since 11:00

[14:04] {nemo} Will the sage sith lord Vad be right again?

[14:04] {Threei}  is there any names I haven't been called yet today?

[14:04] {Threei}  is = are

[14:04] {nemo} You want me to start?

[14:04] {Threei}  I guess

[14:04] {Threei}  umm

[14:04] {Threei}  no

[14:14] {nemo} quite a set of scalps fas and faz have been giving

[14:14] {Threei}  SEC REMARKS THAT 50 INVESTIGATIONS ARE GOING WITH REGARDS TO CREDIT DEFAULT SWAPS

[14:14] {Threei}  {ICE CME ISE}

[14:15] {Threei}  seesaw between .80 and .90 on both

[14:15] {nemo} yes

[14:17] {Threei}  US TRADE REP: PORK FROM CERTAIN US STATES HAS BEEN BANNED IN CERTAIN COUNTRIES

[14:17] {Threei}  USDA: THERE ARE NO REPORTS OF SWINE FLU AMONG PIGS IN THE US

[14:18] {Threei}  American pigs - the healthiest pigs in the world!

[14:22] {dptl} gt?

[14:23] {Threei}  US SENATOR GRASSLEY: NOT MUCH CHANCE FOR APPROVAL OF ADDITONAL TARP FUNDS THROUGH AUGUST

[14:24] {Threei}  but after august is fine?

[14:28] {nemo} This day reminds me of a Neil Young comment..."It starts off real slow, and then fizzles out all together."

[14:29] {Threei}  lol

[14:32] {Threei}  FAS... pullback under .90 will be worth long entry

[14:36] {dino}  rcl sm l .15

[14:37] {dino} intc sm l .30

[14:45] {Threei}  (US) OCC'S DUGAN: TRANSITIONING THRIFT CHARTER TO A NATIONAL BAK CHARTER IS DOABLE

[14:45] {Threei}  - There is strong political will to cut the number of agencies overseeing banks.{XLF}

[14:50] {Threei}  anyone took FAS on pullback under .90?

[14:57] {Threei}  Bank of New York Company Inc CEO: Believes stress tests may show average bank is healthier than majority of people think

[15:01] {Threei}  (US) White House Press Sec Gibbs: Reiteratest that the govt has no desire to run the auto companies

[15:02] {Threei}  {auto companies} yeah, thank you, we can die on our own just as well

[15:04] {jfjf64} is fas wowth  gettin involved with  on  this  bounce   boss

[15:04] {Threei}  watching

[15:04] {Threei}  not sure yet

[15:04] {jfjf64} k

[15:07] {Threei}  probably off .70

[15:07] {Threei}  one more quick leg down, and scalp should be in order

[15:07] {jfjf64} yeah

[15:09] {dptl} .75?

[15:09] {dptl} in.76

[15:10] {dptl} stop under .70?

[15:10] {Threei}  there is not much technical to this play

[15:10] {Threei}  can't tell really

[15:12] {Threei}  should move over 80 now for exit

[15:17] {dptl} hmm

[15:17] {Threei}  now

[15:17] {Threei}  het out

[15:17] {Threei}  get too

[15:17] {dptl} out.84 ty

[15:18] {jfjf64} out.90  ty

[15:18] {Threei}  :)

[15:18] {Threei}  pure "feeling" play

[15:18] {vint} out .87

[15:18] {Threei}  not much on chart to indicate precise entry

[15:18] {jfjf64} ya feelin  gd

[15:20] {dino} blud l .35

[15:27] {Threei}  FAS again

[15:27] {Threei}  first strength

[15:28] {Threei}  in .70

[15:28] {dptl} .71 in 

[15:28] {dptl} stop .65?

[15:28] {Threei}  yeah

[15:30] {Threei}  (US) House to vote on credit card reform legislation on Thursday

[15:31] {Threei}  - NYSE volume 1B shares, about 15% below its three-month average; decliners lead advancers by 3.3:1.

[15:31] {Threei}  - NASDAQ volume 1.83B shares, about 1% below its three-month average; decliners lead advancers by 1.8:1.

[15:32] {dptl} out ty

[15:32] {Threei}  out .77

[15:32] {dptl} .77

[15:33] {Threei}  TARP watchdog Warren: Fed white paper on stress tests gave little detail on the tests mechanics

[15:33] {Threei}  Market data center Your headlines are not in real-time mode Go to live Close

[15:33] {Threei}  Show messages

[15:33] {Threei}  Hide messages

[15:33] {Threei}  sheesh

[15:35] {_ryanagler} what do you think of scalp of gs at 200ma?

[15:35] {Threei}  sorry, having quote issues

[15:35] {Threei}  can't tell

[15:38] {Threei}  urges that stress tests be tough and transparent, otherwise tests will be "useless";

[15:38] {_ryanagler} no prob.  on 10min gs chart 200ma is also 121 even number.  might try it if hits there

[15:39] {Threei}  back...

[15:39] {Threei}  hmm

[15:39] {Threei}  not sure, feels like GS wioll s;ice through 121

[15:42] {Threei}  crap

[15:42] {Threei}  missed FAS dive to ./60 with this connection drop

[15:45] {Threei}  grrr... anyone got it?

[15:45] {jfjf64} nope  stopped at .63

[15:45] {jfjf64} grrr

[15:47] {dino} i'll crack you up, last week on monday it snowed here, today it's 97 degrees

[15:48] {Threei}  lol

[15:48] {Threei}  sliiightly positive day... nothing to write home about

[15:49] {Threei}  and whole lot of issues with quotes, connection, spam e-mails with ugly-looking would-be-brides

[15:54] {Threei}  okay guys, strange day

[15:54] {Threei}  not bad day, just strange

[15:54] {Threei}  have a good evening, see you tomorrow

[15:55] {Threei}  hopefully swines stop sneezing

[15:55] {larisa} later :)

[15:55] {Threei}  and we can get back to business as usual

[15:55] {dptl} have a good evening all

[15:55] {vint} good evening all

[15:55] {_ryanagler} thanks, take care

[15:55] {jfjf64} good night all

[15:56] {fernp} good day here. Good evening all, see u tomorrow