Jun 23 2009

Activity is still low but we got couple very nice bounces on CAT and HIG. Looking at CAT entry in retrospect, $32.20 was as good as it gets.

Session Time: Tue Jun 23 00:00:00 2009

[08:03] {Threei} LVLT Selected by IUSACELL for High-Speed IP Services

[08:03] {Threei} - Under the terms of the three-year agreement, Level 3 will provide high-speed IP services for Iusacell to transport data services within the U.S. via the Level 3 network gateway in south Texas

[08:03] {Threei} - Financial terms not dislcosed

[08:03] {Threei} ASIA Wins Tender to Build New Billing System for Beijing Mobile (18.01, 0.00, 0.00%)

[08:04] {Threei} CLNE Awarded 10 yr contract to build and operate a compressed natural gas (CNG) fueling station by Choice Environmental Services (7.89, 0.00, 0.00%)

[08:05] {Threei} - Co will begin to deploy a new fleet of clean-burning CNG refuse trucks to serve the City of Fort Lauderdale.

[08:05] {Threei} - The companys Florida service area includes Palm Beach, Broward, Collier and Dade Counties.

[08:05] {Threei} - In addition to Fort Lauderdale, Choices customers include the Miami-Dade County School District, one of the nations largest. The new private Clean Energy time-fill CNG fuel station will be located on property owned by Choice in Pompano Beach. The waste and recycling firm is the first in South Florida to convert a portion of its operations to natural gas fuel use.

[08:06] {Threei} BLTXX Baltic Dry Bulk Index -3.8%, (third straight decline

[08:13] {Threei} (US) Former Fed Governor Mishkin: No need to balance the budget right now, but fiscal discipline is needed in the long term

[08:13] {nemo} define long term?

[08:13] {Threei} {Former Fed Governor Mishkin} somewhere beyind our lifetime

[08:14] {nemo} so 2012

[08:21] {level777} mtxx tank on sec inquiry

[08:22] {Threei} as if previous troubles were not enough eh

[08:32] {Threei} OPTV Powers Digital Cable Launch in China (1.25, 0.00, 0.00%)

[08:33] {Threei} Co has launched an end-to-end middleware solution for Southern Yinshi Network Media Ltd, a subsidiary of Southern Media Corporation, one of Chinas leading broadcasting groups. Southern Yinshi is responsible for the digital conversion of 18 municipal and city cable networks of Southern Media Corporation.

[08:33] {Threei} - The end-to-end solution, powered by OpenTV Core2 middleware, enables one of the most comprehensive digital cable offerings in China featuring a variety of enhanced services including: a user interface, an interactive mosaic, as well as weather and customer care applications.

[08:33] {Threei} - The solution has initially launched with Southern Yinshi in the Yangjiang municipality of the Guangdong province.

[08:36] {Threei} BSX

[08:36] {Threei} Boston Scientific Corp MADIT-CRT Trial Meets Primary Endpoint

[08:36] {Threei} - University of Rochester Medical Center today announced that the landmark MADIT-CRT trial has met its primary endpoint. Preliminary results show Boston Scientific cardiac resynchronization therapy defibrillators (CRT-Ds) to be associated with a significant 29% reduction (p=0.003) in death or heart failure interventions when compared to traditional implantable cardioverter defibrillators (ICDs). High risk(1), asymptomatic or mildly symptomatic, New York Heart Association (NYHA) Class I and II(2) patients were enrolled in MADIT-CRT.

[08:37] {fernp} good morning everybody

[08:37] {Threei} fern :)

[08:42] {Threei} quite questionable attempt by market to gap up

[08:42] {nemo} looks very weak

[08:45] {Threei} BAC Announces Common Stock Average Price for Exchange Offer (11.94, 0.00, 0.00%)

[08:45] {Threei} 12.7048

[08:46] {Threei} keeping an eye on BSX

[08:46] {Threei} 10-10.10 is significant resistance area to break

[08:46] {level777} lots of sellers 9.90+

[08:47] {Threei} yup

[08:47] {Threei} if capable of digesting it and breaking, could be a good one

[08:54] {Threei} ACUR Halted: Receives Prelim Review Letter from FDA Regarding Acurox; does believe will receive approval on PDUFA date

[08:57] {level777} bsx over 10

[08:58] {nemo} C&H

[09:00] {Threei} honestly trying

[09:00] {Threei} on daily 10.08 is high probed twice recently

[09:01] {Threei} initial spike earlier today took it to 10.20

[09:02] {Threei} BA *POSTPONES 787 FIRST FLIGHT (46.90, 0.00, 0.00%)

[09:04] {Threei} RU) Russian economy to shrink by 11% in May - IFX

[09:04] {vinod} GM

[09:05] {level777} bsx will need big vol to make a run today

[09:05] {Threei} awww

[09:05] {Threei} MGRM Halted; Being acquired by Labcorp (1.68, 0.00, 0.00%)

[09:06] {Threei} 4.55/share

[09:06] {Threei} someone managed to grab 2.40 before halt

[09:07] {ese} good morning

[09:09] {Threei} ese :)

[09:09] {Threei} vinod :)

[09:14] {Threei} with all the selling, BSX remains stubbornly close to 10

[09:15] {Threei} hard to tell wou outstubborns who

[09:16] {dino} gm all

[09:16] {nemo} dino:)

[09:16] {Threei} dino :)

[09:16] {nemo} how's you're holdover?

[09:17] {Threei} EU and US file joint complaint at WTO against China regarding raw materials (related IYM )

[09:17] {dptl} good morning all

[09:17] {Threei} ACUR open?

[09:17] {Threei} dp :)

[09:18] {Threei} still don't see final verdict by FDA on wires

[09:18] {Threei} trades like refusal

[09:18] {magoo} morning

[09:19] {Threei} magoo :)

[09:20] {Threei} strange ACUR

[09:20] {Threei} if there is news and it'f refusal, it should be a lot lower... if there is no news yet why it's unhalted

[09:21] {magoo} what we stalkin vad?

[09:21] {Threei} BSX

[09:21] {Threei} ACUR

[09:23] {Threei} available for short btw, ACUR

[09:24] {Threei} FITB Fitch cuts ratings to A- from A (one notch); Outlook negative

[09:27] {jfjf64} mornin

[09:27] {Threei} jf :)

[09:28] {Threei} don't see ALGN news

[09:30] {Threei} Long Setup: BSX .90 break if stays above .80

[09:32] {Threei} I don't understand ACUR at all

[09:34] {Threei} Short Setup: CAT .45 if stays below .60

[09:35] {nemo} stop bsx

[09:35] {Threei} did it ever trigger?

[09:35] {nemo} yes

[09:36] {nemo} 9:33

[09:37] {dino} v sm ueic l .02 wide thin

[09:38] {Threei} Short Setup: MTXX .75 breakdown

[09:38] {Threei} oops.. unavailable

[09:38] {Threei} used to be couple days ago

[09:40] {Threei} ACUR is dropping

[09:41] {magoo} mkts dropping

[09:42] {Threei} RIMM, watching for sharp drop into .50 where I get interested in bounce

[09:42] {magoo} quote server vad??

[09:43] {Threei} 20

[09:43] {magoo} ty

[09:47] {dino} watching cedc

[09:47] {Threei} Short Setup: RIMM .10 break

[09:47] {Threei} if stays under .20

[09:49] {Threei} no go

[09:49] {Threei} sheesh

[09:49] {Threei} lol

[09:49] {nemo} they got positive comments yesterday

[09:49] {Threei} FEED Hearing positive comments out of Stansberry (timing uncertain)

[09:49] {Threei} - Firm suggests buying shares of AgFeed Industries Inc. at or below $6.25. (5.78, 0.25, 4.52%)

[09:50] {fernp} FITB bounce?

[09:50] {Threei} most likely

[09:50] {Threei} no clear indication

[09:50] {Threei} hard to nail wntry

[09:50] {Threei} entry

[09:51] {fernp} you posted news, no?

[09:51] {Threei} on what?

[09:51] {Threei} FITB?

[09:51] {fernp} y

[09:51] {Threei} [09:24] {Alert} Threei FITB Fitch cuts ratings to A- from A (one notch); Outlook negative

[09:52] {fernp} thanks

[09:52] {nemo} quote and chart servers a bit squirrely today

[09:53] {Threei} IEA's Tanaka: US must increase spending on renewable energies (related USO FAN TAN )

[09:53] {Threei} no really?

[09:56] {Threei} US Treasury Sec Geithner planning to travel to the middle east and Europe in July

[09:56] {Threei} do we need to know about his vacations?

[09:56] {nemo} no, that's where he gets down on his knees and begs them to buy treasuries

[09:57] {dino} nop thats barney frank

[09:57] {Threei} lol

[09:57] {nemo} the janitor awake?

[09:59] {Threei} JUN RICHMOND FED MANUFACTURING INDEX: +6 V +5E

[10:00] {Threei} MAY EXISTING HOME SALES: 4.77M V 4.82ME

[10:00] {Threei} - Prior revised from 4.68M to 4.66M

[10:00] {Threei} APR HOUSE PRICE INDEX: -0.1% V -0.4%E

[10:03] {jfjf64} rmbs

[10:04] {dino} beat

[10:05] {nemo} rimm off to the races

[10:05] {nemo} fcx too

[10:05] {Threei} CAT

[10:05] {Threei} 33 break...

[10:05] {Threei} ideally, little pullback

[10:05] {Threei} hlding above .90 or .85

[10:05] {Threei} and break

[10:07] {Threei} watching market , if it jumps will grab CAT aggresively

[10:07] {Threei} thing seems to be following with little delay

[10:09] {dino} whippy

[10:09] {Threei} .82 long if stays above .75

[10:10] {nemo} had that one print @ .83

[10:10] {Threei} do you watch levekl 2?

[10:10] {Threei} that print was out of bounds

[10:10] {nemo} don't understand out of bounds, probably how I got nailed on bsx

[10:11] {Threei} offer was .77

[10:11] {Threei} nevcer upticked from there,

[10:11] {Threei} one print went at the price exceeding market

[10:11] {Threei} maybe late print, maybe someone is getting screwed up by his lousy broker

[10:12] {Threei} for our purposes it's not a valid trade

[10:12] {nemo} yeah, didn't hit it

[10:14] {Threei} ese, look dcc please

[10:18] {Threei} F Reportedly receiving $5.9B in new US loans (5.33, -0.05, -0.93%)

[10:19] {nemo} thought they didn't need Fed money

[10:19] {Threei} NSANY Reportedly granted $1.6B in US loans (11.99, -0.23, -1.88%)

[10:19] {Threei} what's going on

[10:19] {Threei} Nissan Motor Co., Ltd The company is expected to be one of the recipients of loans that will be provided by the US Energy Dept - Japanese Press

[10:19] {Threei} - The loans will be used for the production of fuel-efficient cars.

[10:19] {Threei} - Additionally, loans to Tesla and Ford are expected to be announced tomorrow.

[10:19] {Threei} - CEO: Awaiting US govt decision on loan application

[10:20] {Threei} yesterday's announcement

[10:21] {Threei} this market bounce looks like ready to reverse for another leg down

[10:22] {Threei} so far all of them did, in a hectic manner though

[10:22] {Threei} but morning news seems to be over

[10:22] {dino} sm l cedc .03

[10:23] {Threei} UBS US DOJ: Any suggestion that Govt will drop the lawsuit aginst the company is 'untrue'; there is no basis for the NYT report

[10:25] {Threei} trying to find short entries and not finding any structured setup

[10:27] {Threei} grrr.. both RIMM and CAT that I was watching got away, especially RIMM

[10:27] {Threei} RIMM is bounce candidate now

[10:31] {Threei} new breakdown seems to be forming

[10:32] {Threei} CAT nearest resistance is .70

[10:32] {Threei} let's see if we can find shirt entry

[10:32] {nemo} 16 neck

[10:35] {dino} pants

[10:35] {nemo} 30 30

[10:38] {dino} i just got that

[10:38] {nemo} thought I was talking the caliber

[10:39] {dino} y

[10:39] {level777} Ya think UBS popped today on the NYT article?

[10:39] {dino} wow we missed on beat badly, wanted 14

[10:39] {dino} bby sm l .99

[10:40] {Threei} and dropped on denial

[10:40] {dino} indeed l7

[10:41] {nemo} I'm actually an '06 .270 fan

[10:41] {dino} qcom after that gap

[10:41] {level777} clwr

[10:42] {Threei} ok... last bounce of this support, and let's finally nail some short

[10:42] {Threei} this is getting irritating... direction is clear, and no entry

[10:43] {ese} was looking for turnaround tuesday dino.........s

[10:43] {dino} filled qcom

[10:43] {ese} sol

[10:43] {dino} gap that is

[10:43] {ese} am stalking intc at .82

[10:43] {dino} still am es, $ down, we should go up

[10:44] {nemo} housing data was worse than expected

[10:44] {ese} hmmmmmm

[10:44] {dino} all forgotten in a couple hours anyway

[10:44] {dino} imo of copurse

[10:44] {dino} course

[10:45] {Threei} USGS discloses magnitue 7.0 earthquake strikes off Papua New Guinea

[10:45] {Threei} - follow up: Tsunami alert has been issued

[10:45] {level777} o my

[10:45] {vinod} back here again--any thing exciting?

[10:45] {dino} main thing, next downside gaps 8016, 1361, 855

[10:45] {Threei} (EU) EU Energy Commissioner: Oil around $70/bbl is a fair price (related USO )

[10:45] {Threei} lol

[10:45] {dino} i think oil at 20 is fair

[10:46] {nemo} me too

[10:46] {Threei} great... CAST doesn't even try to bounce with market anymore

[10:46] {Threei} CAT

[10:46] {dino} qcom sm l .50

[10:48] {Threei} FMCN Hearing Piper analyst defending FMCN, on belief that asset sale to SINA will go ahead as planned (timing uncertain

[10:49] {Threei} Long Setup: RIMM .90 break

[10:49] {Threei} invalidated

[10:50] {Threei} let's modify it to .80 break

[10:50] {Threei} with .70 support

[10:50] {Threei} invalidated

[10:50] {Threei} CAT, I can't believe it

[10:51] {Threei} clear short, and impossible to find entry

[10:51] {level777} fmcn have a play in it?

[10:51] {Threei} who knows... pure speculation

[10:52] {Threei} matter of questionable takeover

[10:52] {Threei} negotiated, stalled, now all kinds of rumors swirl around

[10:54] {Threei} wow

[10:54] {Threei} look at UAUA

[10:57] {vinod} can we get 10 cent from UAUA?

[10:57] {Threei} doesn't show any signs of firming up

[10:58] {level777} fmcn running

[10:59] {magoo} rimm valud

[10:59] {magoo} ?

[10:59] {Threei} IMO, short into bounce

[10:59] {vinod} in UAUA 3.08 stop at 3.00

[11:02] {wulff} who thinks relief rally?

[11:02] {vinod} 0ut 3.18 only 2k

[11:02] {nemo} qcom

[11:02] {nemo} sorry

[11:04] {Threei} starts feeling like that wulff

[11:04] {Threei} if materializes:

[11:04] {Threei} Long Setup: CAT .20 break

[11:08] {Threei} (CA) BoC's Carney: Recession in Canada is as deep as the US (related USD/CAD EWC )

[11:09] {nemo} 1:1 cat

[11:10] {vinod} offer cat at .30 no one took it

[11:10] {nemo} longs are probably scalps today

[11:11] {nemo} or, have been so far

[11:11] {vinod} stop on CAT?

[11:11] {Threei} .13

[11:11] {nemo} under lod

[11:11] {vinod} thanks

[11:14] {Threei} FMCN played nicely off news

[11:15] {dino} down rough;y 7% dji, ndx, s/p since the 11th(7 1/2 trade days)

[11:15] {vinod} out of CAT

[11:16] {nemo} 1:1 again

[11:16] {Threei} I am holding half

[11:16] {Threei} want to explore wulff's idea

[11:16] {Threei} stop to under .20

[11:16] {vinod} meno S&P broke 889 is bad news for market?

[11:17] {wulff} no more selling at this point, which should mean...

[11:17] {jfjf64} me too partner

[11:17] {Threei} vinod... with this volume, it's all can change on a dime

[11:17] {Threei} I see these days as day by day decision-making

[11:18] {Threei} no firm trend for any exteneded period of time

[11:18] {wulff} herds can be hard to contain

[11:18] {Threei} especially bisons

[11:19] {Threei} 1:2, 1/4 more out

[11:19] {vinod} shit I got out early in CAT

[11:19] {Threei} USGS reports magnitude 4.3 quake in Nevada (related TAYD )

[11:20] {Threei} 2 earthquakes in one day? it's not 2012 yet

[11:21] {wulff} all that and my TV broke!

[11:21] {dino} big one yesterday too alaska

[11:23] {Threei} nemo... you sure they haven't moved it to 2009?

[11:23] {nemo} gotta' start somewhere...I'm growing my hair long...with the beard I'm getting that Moses look...can't walk like Charlton Heston

[11:24] {Threei} CAT last portion stop to under .30

[11:24] {nemo} 1st crisis 2007, 2nd crisis 2010, Cous de gras 2012

[11:24] {Threei} maybe a bit dtingy trailing but I want to preserve every little bit of profits

[11:24] {Threei} they are precious these days

[11:25] {jfjf64} i agree

[11:25] {Threei} usually I prefer new high before trailing,

[11:26] {Threei} but it bounced nicely off .30 so trailing is justified

[11:26] {Threei} Long Setup: HIG .76

[11:27] {Threei} stop under .70 for scalpers

[11:27] {Threei} under .65 for day traders

[11:27] {Threei} ok CAT.. double top or new high?

[11:28] {magoo} in higmoint

[11:29] {Threei} good boy CAT

[11:29] {Threei} break .50 and spike please

[11:29] {Threei} HIG 1:1 for pesky scalpers

[11:29] {Threei} CAT 1:3 here

[11:30] {Threei} make your choice between exit and trailing to under .40

[11:30] {Threei} UAW Official notes talks with Ford are continuing, unclear if current discussions will lead to new contract (related F F.IT GMGMQ )

[11:30] {Threei} lol

[11:31] {Threei} last automaker standing... UAW just can't let it survive, can it

[11:31] {magoo} is there news aapl vad?

[11:31] {Threei} nothing fresh

[11:31] {nemo} gov't will step in and give them the company

[11:31] {magoo} if IF mkts go green it should be bouncer

[11:32] {wulff} Jobs liver something...

[11:33] {magoo} frwsh news?

[11:33] {Threei} 20 Jun 2009 08:32 AAPL WSJ: CEO Steve Jobs had liver transplant

[11:33] {Threei} - Steve Jobs has received a liver transplant in Tennessee and he is on track to return to work

[11:33] {Threei} look at the date

[11:33] {magoo} u think he bought that liver?

[11:34] {Threei} I would if I were him

[11:34] {Threei} if there are livers for sale, someone needs that money...

[11:34] {Threei} HIG 1:1 for day traders

[11:34] {Threei} CAT 1:4 is coming

[11:34] {magoo} hex..id hire the assassin to shoot me up a fresh donar

[11:35] {Threei} out CAT in full

[11:35] {Threei} +.37

[11:35] {Threei} out half HIG

[11:35] {Threei} +.12

[11:35] {Threei} stop to under b/e

[11:35] {Threei} whew... life becomes brighter

[11:35] {dino} gj

[11:35] {Threei} ty

[11:36] {Threei} wulff had right idea

[11:36] {wulff} my new liver feels better and better

[11:37] {nemo} out hig ty

[11:37] {Threei} sure thing

[11:37] {Threei} out HIG in full

[11:38] {Threei} don't like this time for longer hold

[11:38] {Threei} we got a piece of nice recovery

[11:38] {nemo} no plus it's really a financial stock

[11:38] {magoo} out hig full .95 TY

[11:38] {Threei} welcome mags

Session Close: Tue Jun 23 11:38:41 2009

Session Start: Tue Jun 23 11:38:41 2009

Session Ident: #discussions

02[11:38] * Disconnected

02[11:44] * Attempting to rejoin channel #discussions

03[11:44] * Rejoined channel #discussions

[11:45] {Threei} wow

[11:45] {Threei} lost connection

[11:45] {nemo} what? with reality?

[11:45] {dino} ufpi

[11:45] {magoo} withh common courtesy he he

[11:46] {Threei} never had any connection with that one

[11:46] {nemo} oh, I find zoloft and lithium help

[11:46] {Threei} with or without vodka?

[11:46] {ese} L intc .81

[11:47] {nemo} you really did lose connection

06[11:47] * nemo slaps Threei around a bit with a large bottle of Kettle 1

[11:47] {dptl} did i hear vodka?

[11:48] {nemo} No...you read it...

[11:48] {nemo} question of the moment: jbe or dbi on cat?

[11:49] {Threei} dp... yes - grab a bottle and jump on the next ferry

[11:50] {dino} gut says up to +50 dji

[11:50] {magoo} rimm trying next leg

[11:50] {Threei} it can't be DBI, nemo

[11:50] {Threei} no D

[11:50] {nemo} sorry, true

[11:51] {nemo} break of .65 then?

[11:53] {Threei} hmmm

[11:53] {Threei} toughie

[11:58] {magoo} out rimm .67..+ .35

[11:59] {dino} gj

[12:03] {magoo} RIMM on a mission

[12:03] {magoo} from god

[12:06] {wulff} this range bound stuff is annoying

[12:08] {wulff} I said relief RALLY.

[12:08] {nemo} cat vad

[12:10] {Threei} does exactly nothing

[12:10] {dino} lol wulff

[12:10] {Threei} so should we

[12:10] {vinod} in FAZ 5.24 stop at 5.16 for 10 cent

[12:10] {nemo} yeah, dancing in that range, I was thinking if drops below .58 short

[12:11] {Threei} wulff... by these days standards, we already had one, lol

[12:11] {Threei} and I would say, we exploited it to its fullest extent

[12:11] {nemo} frickin' capitalists...always exploiting

[12:13] {Threei} yeah... exploitation of one human being by another... that's capitalism

[12:13] {Threei} of course under socialism it's just the opposite

[12:13] {nemo} oh...back to that

[12:29] {Threei} GMGMQ US Trustee says GM advisors are charging unreasonably rich fees of as much as $1,000/hour

[12:30] {Threei} huh?

[12:31] {Threei} Prez on TV

[12:32] {Threei} appaled and outraged

[12:32] {dino} isn't he always

[12:34] {dino} cedc stop to .41

[12:36] {magoo} talking about energy bill

[12:36] {magoo} clean energy

[12:36] {magoo} fslr bounced on it

[12:37] {magoo} l aapl .75

[12:37] {magoo} sorry fast

[12:38] {magoo} thinking .20-.40 area

[12:38] {Threei} (US) President Obama: Strongly condemn 'unjust' actions in Iran, US is not interfering in its affairs

[12:41] {dino} out cedc .50, +.47

[12:41] {magoo} stop flat now

[12:42] {magoo} waiting .43

[12:42] {magoo} gobnna tregrett the exit too i feel

[12:44] {magoo} [12:42] {magoo} gobnna

[12:44] {Threei} mags... we are still trying to underatand what it meant first time

[12:45] {Threei} Obama: Bernnake has done a fine job under circumstances

[12:45] {Threei} "good job Bernie"

[12:45] {magoo} i know..lol..i rtried too read it...didnt remember what i said

[12:52] {magoo} out aapl 134..+.25

[12:52] {magoo} ty vad

[12:53] {Threei} hmm?

[12:53] {Threei} you are welcome of course

[13:02] {Threei} *TREASURY'S $40B 2-YEAR NOTE AUCTION BID-TO-COVER RATIO: 3.19 V 2.94 PRIOR AND 2.48 AVE OVER LAST 10 AUCTIONS

[13:02] {Threei} - indirect bidders take 68.7% of competitive bids

[13:02] {Threei} EMKR Signs solar power agreement (1.27, 0.01, 0.79%)

[13:03] {Threei} This 20-year agreement with EMCORE consists of 114 kilowatts of solar power produced onsite at EMC

[13:04] {nemo} the auction seems to be jacking everything

[13:11] {magoo} i reloaded aapl .75 on that pullbk

[13:11] {magoo} sotrry about posdst

[13:11] {magoo} same range

[13:14] {dino} it's like magoo isn't typing english

[13:15] {magoo} ouyt here .99

[13:15] {magoo} + .24

[13:17] {Threei} US President Obama: There is no current need for a second stimulus package (related TLT SHY EUR/USD USD/JPY )

[13:17] {Threei} strange

[13:17] {Threei} I thoufght these guys never met stimulus of bailout they didn't like

[13:18] {nemo} maybe they figured they need it but won't be able to get anyone to lend them the money

[13:19] {magoo} i need some stimulus :)

[13:21] {ese} gotta hit the trail....still nursing my intc position.....just my speed at this time of year.....too much going on at school..cya tomorow

[13:21] {Threei} take care ese

[13:21] {ese} see ya vad

[13:22] {dino} qcom stop to .89

[13:25] {dino} out qcom +.40

[13:26] {jfjf64} hun .86 break here

[13:27] {level777} hig sure had a nice bounce there 3i

[13:27] {level777} great call

[13:27] {Threei} ty

[13:27] {Threei} we exited a little early but no regrets here

[13:28] {level777} my kids home from school 6, 10 & 14 called a scalp for .10 ion it for me lol

[13:28] {level777} now i cant get them away from my screen

[13:32] {dino} what commission they charging

[13:41] {level777} keep asking me "how much did we make, how much did we make"

[13:42] {Threei} suggest them to calculate an otcome in tablespoons aof icecream... that'll keep them busy

[13:43] {dino} lol

[13:58] {magoo} vad, what u stalin?

[13:58] {magoo} stalkin he hew

[13:58] {Threei} there is this piece of ham...

[13:58] {Threei} looks darn stalkable

[14:02] {wulff} crazy moves in aAPL

[14:08] {Threei} ever since those bounces that we played were done, market lost feel of direction

[14:13] {dino} dltr sm l .50

[14:16] {nemo} cat hanging around highs for 3r time

[14:16] {nemo} 3rd

[14:20] {Threei} if market spikes again, let's try this one for a scalp:

[14:20] {Threei} Long Setup: PALM .75 break

[14:21] {Threei} if retreats under .65, rather becomes a bounce candidate

[14:21] {Threei} .55 - .60 nearest support

[14:21] {level777} h

[14:23] {wulff} i

[14:30] {jfjf64} plan b

[14:35] {level777} g

[14:37] {dino} out ueic ave. .68, +.66

[14:41] {Threei} OK, no breaks

[14:41] {Threei} let's see if bounces shape up

[14:41] {Threei} I don't want to try shorting

[14:41] {Threei} doesn't feel like it's in cards

[14:41] {jfjf64} waitin on ya boss

[14:42] {Threei} don't... I am afraid I'm going to get stuck here, dp has this strangely attractive bottle in his pocket...

06[14:45] * Threei slaps dptl around a bit with a large appeal to stop tempting sober people with vodka

[14:45] {BillyD} Hi vad

[14:45] {Threei} Bily!

[14:45] {BillyD} How are you

[14:45] {Threei} welcome back'

[14:45] {BillyD} ty

[14:45] {Threei} long time no see

06[14:45] * magoo slaps BillyD around a bit with a large trout

[14:45] {magoo} hey bro

[14:45] {BillyD} I feel at home now magoo :)

[14:45] {Threei} ahha... welcoming commettee is right here

[14:45] {Threei} lol

[14:45] {BillyD} consistent

[14:45] {BillyD} lol

[14:46] {Threei} yeah, you can rely on us

[14:48] {Threei} I don't dfeel striongly about this bounce but risk is very small

[14:48] {Threei} PALM, right here

[14:48] {Threei} with .54 - .55 stop

[14:49] {Threei} if you feel like 50/50 trade with small stop

[14:56] {magoo} vad..r or r?

[14:57] {Threei} can't tell

[14:58] {dptl} have a good evening all

[14:58] {Threei} take care dp

[14:58] {magoo} why wont u tell?

[14:58] {Threei} leave the bottle here

[14:58] {Threei} I would... I can't

[14:58] {Threei} I promised dp

[14:58] {Threei} not to tell anyone

[14:59] {dptl} :)

[15:04] {vinod} last hour going to be a happy hour

[15:05] {BillyD} Vad, many trades today

[15:05] {Threei} certainly - the question is for whom

[15:05] {BillyD} lol

[15:05] {Threei} not many... but couple fairly good ones

[15:07] {BillyD} selectivity the key last few days it seems

[15:07] {BillyD} more so than others

[15:07] {Threei} true

[15:08] {dino} sm pru l .50

[15:10] {Threei} The Nasdaq Stock Market, Inc Reportedly planning increased rebates to certain US order customers in efforts to increase market share

[15:10] {Threei} - Note on 6/16 CME modified their e-mini fee schedule with a volume based incentive program, effective Sept 1

[15:12] {jfjf64} rimm bounce??

[15:13] {Threei} from under .50, I'd feel much safer

[15:13] {Threei} here it's a toss-up

[15:13] {jfjf64} ty

[15:15] {wulff} wacky day...what else is new

[15:19] {Threei} RIMM is getting there

[15:19] {Threei} let it drop sharply

[15:21] {jfjf64} waitin on ya boss

[15:21] {Threei} does it mean I'll have to wake up? :(

[15:23] {Threei} see how it can't raise its head?

[15:24] {Threei} it needs a good flush

[15:24] {jfjf64} this might be level?

[15:24] {Threei} otherwise even if it bounces, it's going to be labored one not worth the risk

[15:24] {Threei} no

[15:24] {Threei} I am not touching it here

[15:25] {Threei} shrap flush is one version of what I want to see,

[15:25] {Threei} another is, stalling here, forminbg range, then breaking it wqith matkert jump

[15:25] {Threei} If it just reverses here, I prefer to let it go

[15:26] {Threei} gosh... mags, that typing teacher yopu recomended really does miracles

[15:26] {magoo} :)

[15:26] {Threei} lol, it's as if I type with my knees

[15:30] {Threei} RJET to Acquire Midwest Airlines

[15:30] {Threei} interesting... consolidation starts in beaten down industry

[15:38] {Threei} now having the benfit of insight,

[15:38] {Threei} have a look at CAT 1 min

[15:38] {Threei} and notice where we got it long

[15:39] {Threei} if that is not a prefect entry

[15:40] {dino} 3:40

[15:43] {dino} they've been killing them into the close lately

[15:44] {BillyD} what was your CAT entry

[15:44] {nemo} .20

[15:44] {Threei} 23.20 second recross

[15:44] {Threei} on the way back up

[15:44] {Threei} 32.20 of course

[15:44] {BillyD} 32.30....

[15:44] {BillyD} lol

[15:45] {Threei} seriously, how much better does it get

[15:45] {BillyD} that was area I thought

[15:45] {BillyD} now...did you hold til 33

[15:45] {Threei} as in "I wouldn't expect any less from you"? :)

[15:46] {Threei} no, for over .50

[15:46] {BillyD} lol

[15:46] {Threei} sold .58

[15:46] {BillyD} into resistance

[15:50] {Threei} whoa RJET

[15:51] {BillyD} hard spike

[15:52] {Threei} will be interesting one to watch tomorrow

[15:53] {BillyD} reminds me on ONTY & CLWR yesterday eod

[15:55] {dino} out pru .80, +.30

[15:55] {dino} out bby .00, +.01

[15:57] {dino} out met .41, -.09

[15:57] {Threei} okay guys, thank you all

[15:57] {Threei} I suspect tomorrow will be a bit more active

[15:57] {Threei} just feeling in the air

[15:57] {Threei} have a good evening, see you tomorrow

[15:57] {BillyD} cya

[15:57] {Alw} ty

[15:58] {Threei} hi Alw, welcome to the room

[15:58] {Alw} ty

[16:02] {fernp} good nite all