Jul 29 2009

With nice WFC and NVAX wins and couple small stops we continue both streaks - one of moderate steady profits and one of boredom. Being offered a choice between being bored with profits and being entertained with losses, what would I choose... hmmm

Session Time: Wed Jul 29 00:00:00 2009

[08:20] {Threei} AGEN is trying again

[08:23] {nemo} morning

[08:24] {Threei} nemo :)

[08:24] {nemo} or as magoo would say gninrom

[08:27] {Threei} BLTXX Baltic Dry Bulk Index +0.7% (3rd straight increase)

[08:28] {BillyD} gm Vad

[08:28] {Threei} Billy :)

[08:29] {Threei} these bios spiking out of nowhere on no news become irritating

[08:30] {BillyD} AGEN has eps before mkt open tomorrow

[08:30] {nemo} crap stocks moving is not a healthy market

[08:30] {Threei} JUNE DURABLE GOODS ORDERS: -2.5% V -0.6%E; DURABLES EX-TRANSPORTATION: 1.1% V 0.0%E

[08:30] {Threei} Prior Durables revised from +1.8% to 1.3%

[08:31] {Threei} (US) Fed's Dudley: The economic contraction is waning, sees moderate growth in the second half of 2009; concerned Fed's exit will be "very, very premature"

[08:32] {Threei} AVII at least has some resemblense opf news

[08:32] {Threei} what dod JAZZ have?? :)

[08:32] {Threei} aside of cool name

[08:33] {cosmo} showtime?

[08:33] {Threei} EFUT Works With Microsoft to Provide Standardized POS-ERP System in China (8.40, 0.00, 0.00%)

[08:34] {Threei} system will integrate Microsoft Windows Embedded POSReady 2009 into eFuture''s POS-ERP Store Operation System. Leveraging eFuture''s nationwide retail customer base and Microsoft''s worldwide reputation will allow eFuture to deliver a reliable and seamlessly integrated POS solution to companies throughout China.

[08:34] {Threei} POS solution eh

[08:40] {cosmo} POS response, it seems

[08:58] {JohnK} gm folks

[08:59] {Threei} john :)

[09:04] {magoo} morning

[09:04] {nemo} gninrom

[09:04] {Threei} magoo :)

[09:05] {fernp} good morning everybody

[09:06] {magoo} is laser down?

[09:06] {BillyD} no

[09:07] {Threei} fern :)

[09:07] {magoo} weird, took me 3 trys

[09:08] {larisa} good morning :)

[09:10] {Threei} Yahoo! Inc CEO: Pact with MSFT will help provide healthy cash flow moving foward, agreement is a "game changer"

[09:10] {Threei} - Deal only covers search and search business operations; will provide a strong Number 2 player in search field

[09:10] {Threei} - Deal will not cover display ads or other areas of Yahoo's business

[09:10] {Threei} - Best element of deal will be its ability to bring scale to the market

[09:10] {Threei} - Reiterates that MSFT's focus will be on search technology

[09:10] {Threei} - Follow up: See Rev levels coming down a bit on the action as some actions will be shared. Has the option to use MSFT tech on mobile platforms, mobile relationship is not exclusive.

[09:10] {Threei} larisa :)

[09:10] {larisa} :)

[09:12] {Threei} (US) PIMCO's El-Erian: July equities rally is a "sugar high"; Not seeing long-term, sustainable demand return yet; reiterates it is too soon to say the recession is over - CNBC

[09:12] {Threei} - notes there is a limit to how high we can "float up" on public debt.

[09:12] {Threei} - mostly reiterates his comments from yesterday.

[09:15] {ese} good morning

[09:15] {Threei} ese :)

[09:15] {nemo} hey ese

[09:15] {ese} morning boys.....and larisa.......

[09:16] {larisa} ty ese for not calling me "larry" thing :)

[09:16] {nemo} hehehehe

[09:16] {dino} gm all

06[09:16] * Threei hands larisa frozen trout and points at nemo with his eyes

[09:17] {nemo} hey Dino

[09:17] {Threei} dino :)

[09:17] {ese} your welcome.......

[09:17] {ese} dino

06[09:17] * nemo crawls in cave, closes door, pulls blanket over head

[09:17] {cosmo} try lari nemo

[09:18] {nemo} hi lari!

[09:18] {dino} :)

[09:18] {cosmo} oops...

[09:18] {larisa} lol

[09:18] {Threei} csomo, contributing to creation of a monster

[09:18] {cosmo} self man eh

[09:18] {cosmo} self made that is

[09:19] {ese} drys reports tomorow...

[09:19] {Threei} nothing shapes up cleanly so far

[09:20] {cosmo} ALVR should hold 4.30 imho

[09:21] {cosmo} 4.50 pre mkt high fwiw

[09:24] {jfjf64} mornin all

[09:25] {Threei} jf :)

[09:26] {patel} good morning traders

[09:26] {Threei} patel :)

[09:28] {magoo} ELRN up on news vad

[09:29] {Threei} Elron Electronic Industries Ltd. Receives Formal FDA Clearance to Market Its Insulin Micropump in the United States

[09:29] {Threei} - Medingo intends to introduce the Solo MicroPump at the American Association of Diabetes Educators Meeting which will take place in August 2009 in Atlanta, U.S.A.

[09:29] {Threei} innovative, miniature, tube-free, insulin delivery system

[09:31] {ese} mee taking off

[09:31] {nemo} fcx croaking

[09:33] {magoo} BAC nuts vads

[09:33] {Threei} yeah

[09:33] {Threei} no fresh news

[09:33] {magoo} AIG pop

[09:33] {Threei} ELRN is really nuts

[09:34] {Threei} WFC...

[09:34] {Threei} let's see if there is a play here

[09:35] {magoo} lets watch CAT too

[09:36] {Threei} Long Setup: WFC .35 if holding above .20

[09:37] {Threei} if you prefer aggressive entry, stop is still under .20

[09:37] {Threei} Long Setup: CAT 42 break if holding above 41.90

[09:39] {Threei} WFC almost 1:1

[09:39] {Threei} half out

[09:39] {Threei} 1:1 with no almost

[09:39] {Threei} scalpers be happy

[09:39] {JohnK} out of WFC thx T :)

[09:40] {Threei} daytraders take half, trail stop... routine

[09:40] {Threei} John :)

[09:40] {jfjf64} cat

[09:41] {Threei} CAT confirms observation from a day or two ago:

[09:41] {nemo} here it comes

[09:41] {Threei} all invalidations can be faded for a very high percentage of winning trades

[09:42] {nemo} sorry Vad, thought you were gonna' make a joke...don't know why I thought that

[09:42] {JohnK} is the CAT trade still valid?

[09:42] {nemo} dead

[09:42] {Threei} kidding john?

[09:42] {JohnK} thought so

[09:42] {cosmo} don't count on it nemo

06[09:42] * nemo slaps JohnK around a bit with a large daytrading course

[09:42] {JohnK} it's early sorry :)

[09:43] {Threei} let's see:

[09:43] {ese} l mee .11

06[09:43] * nemo slaps JohnK around a bit with a large Master Profit Plan

[09:43] {Threei} [09:37] {Threei} ... if holding above 41.90

06[09:43] * nemo slaps JohnK around a bit with a large scalping course

[09:43] {Threei} WFC stop for the balance to under .40

[09:44] {ese} out mee .16 =}05

[09:44] {ese} +.05

[09:45] {Threei} FITB

[09:45] {Threei} on a verge of break on daily

[09:45] {ese} L mee .20

[09:46] {ese} out mee .34 +.14

[09:49] {cosmo} sqnm

[09:50] {patel} if WFC can take out .64

[09:50] {patel} which was yesterday's high

[09:52] {tomg} cat

[09:54] {ese} ya well yere got yer market not keeoperatin......how da ya expect ta work in dem dare conditions

[09:54] {ese} l mee .15

[09:55] {patel} thanks for WFC, vad :)

[09:55] {Threei} sure

[09:55] {_matt} nice call on wfc thank you

[09:55] {ese} out mee .21 +.06

[09:55] {Threei} welcome matt

[09:56] {magoo} BAC does even blink

[09:57] {Threei} and no news of any significance in financial sector

[09:58] {wulff} HGSI new daily high

[09:58] {Threei} eeck

[09:58] {Threei} missed it

[09:59] {wulff} me too

[09:59] {wulff} .60 support

[09:59] {Threei} spiked into 15 anyway, I wouldn't buy such trigger

[10:00] {wulff} swing maybe

[10:02] {wulff} here, please drop

[10:03] {Threei} (US) Treasury's Geithner: Will continue to take prudent interest in global economy (related EUR/USD )

[10:03] {Threei} huh?

[10:03] {ese} l hgsi .15

[10:04] {ese} out hgsi .20 +.05

[10:06] {ese} out hgsi .20 +.05

[10:06] {ese} opps sorry

[10:07] {fernp} out WFC ty Vad

[10:07] {Threei} :)

[10:07] {Threei} Preview: DOE (EIA) Petroleum Inventories due at 10:30amET

[10:07] {Threei} **consensus expectations:

[10:07] {Threei} Crude: -1Me

[10:07] {Threei} Gasoline: -600Ke

[10:07] {Threei} Distillate: +1Me

[10:08] {Threei} US Labor Dept: June unemployment increased in all 372 survey areas of the US on y/y basis

[10:09] {Threei} watching BAC and HGSI for pullback entry

[10:10] {ese} L mee aggressive entry .47

[10:11] {Threei} IMMU Hearing renewed takeover chatter circulating (435.50, -4.35, -0.99%)

[10:12] {BillyD} wanted HGSI in the .80's

[10:12] {wulff} the 1980's?

[10:13] {BillyD} 14.80's

[10:13] {Threei} Long Setup: BAC .65 if stays above .59

[10:14] {BillyD} break .65 or hit it

[10:14] {Threei} hit

[10:15] {magoo} in bacon

[10:16] {ese} out mee .54 +.07

[10:17] {nemo} rimm vad

[10:18] {chiro} Bac stop ? .59?

[10:18] {nemo} yep

[10:18] {Threei} formally .58

[10:19] {nemo} just had a visual of Vad in a tie

[10:19] {chiro} ty

[10:19] {Threei} RIMM, double bottom try would be .30 break

[10:19] {Threei} with .15 stop

[10:20] {Threei} no worky BAC

[10:20] {ese} stld

[10:21] {ese} smaller loss but not good enough getting smoked

[10:21] {jfjf64} rimm stop ??

[10:21] {Threei} [10:19] {Threei} with .15 stop

[10:21] {Threei} wake up guys

[10:23] {Threei} HGSI is still holding up there

[10:24] {jfjf64} i sleein i guess ya in hgsi yet

[10:25] {wulff} in .18

[10:27] {_matt} on wfc this morning it spiked way up while hitting the entry, would it be a consideration for selling into the fast buying action?

[10:28] {_matt} with volume

[10:29] {Threei} you mean after triggering?

[10:29] {Threei} or coming into trigger?

[10:29] {_matt} coming into triggger it hit it, i got in and it went to .46 on the same 1 min candle

[10:30] {Threei} *DOE CRUDE: +5.15M V -1ME; GASOLINE: -2.31M V -600KE; DISTILLATE: +2M V +1ME

[10:31] {Threei} such spikes often signal exhaustion, yes

[10:31] {Threei} to take scalp or partial out is kind of personal preference

[10:32] {_matt} I was going to partial but scalped with that price action, do you indicate when you intend to partial or scalp?

[10:32] {Threei} usually yes

[10:33] {Threei} sometimes I forget

[10:33] {Threei} most oftenb if there is no indication, it's for your discretion,

[10:33] {Threei} and if I feel strongly one way or another, I say "not a scalp for me"

[10:34] {Threei} or "just a scalp"

[10:34] {_matt} it seems that when you partial it gives you a risk free way of taking advantage of a possible big move

[10:35] {Threei} true, buit the downside is a chance of profits evaporating

[10:35] {Threei} tradeoffs...

[10:35] {Threei} everything is a compromise

[10:36] {_matt} you mention that summer is slow, does the fall offer more trades or just more readable due to increased volume?

[10:36] {Threei} both

[10:37] {BillyD} FITB strong

[10:37] {_matt} ty

[10:38] {Threei} sure

[10:38] {dino} sm l snda .05

[10:42] {Threei} Market Internals update at 10:30amET

[10:42] {Threei} - NYSE volume 240M shares, about 13% below its three-month average; decliners lead advancers by 2.2:1.

[10:42] {Threei} - NASDAQ volume 510M shares, about 8% below its three-month average; decliners lead advancers by 1.9:1.

[10:42] {dino} nvax

[10:42] {Threei} my best guess is, we are about to see rally resumption

[10:43] {Threei} BCRX too

[10:43] {Threei} what the deuce

[10:46] {magoo} u usually have good feel on mkt / rally call vad

[10:49] {ese} l mee .37.....real crappy fill......

[10:50] {nemo} get out ese

[10:50] {nemo} :)

[10:52] {patel} u wathcing any thing

[10:54] {ese} out mee .53 +.16

[10:54] {nemo} rockin' on mee today ese

[10:55] {ese} tks

[10:55] {Threei} last pullback, then break, looks like

[10:55] {fernp} gj ese

[10:55] {nemo} on what vad?

[10:55] {Threei} market

[10:55] {nemo} what symbol is that...duh

[10:55] {ese} that was a nice one with 6k

[10:55] {BillyD} is BAC candidate

[10:56] {Threei} WFC is better one

[10:56] {BillyD} yes

[10:56] {Threei} and RIMM

[10:57] {Threei} NVAX ultimately lost its mind

[10:57] {BillyD} who? hehe

[10:59] {nemo} nice one Dino

[11:00] {Threei} Update: CDC vaccine chief: pandemic flu vaccine could be ready in the US by September (related SNY GILD NVAX BCRX )

[11:02] {chiro} HGSI 14.97

[11:02] {dino} got lucky

[11:02] {nemo} BS

[11:02] {chiro} only if i sell for profit

[11:03] {nemo} dcc Dino

[11:04] {Threei} okay, in case rally resumption materializes:

[11:04] {Threei} Long Setup: WFC .77 if stays above .65

[11:04] {magoo} magoo looks up 2 words there in pictionary

[11:04] {Threei} sorry mags

[11:05] {Threei} didn't mean to overtask your capacity... it's nemo's fault

[11:05] {nemo} how's that?

[11:05] {Threei} no idea but it just must be

[11:05] {BillyD} by default nemo it seems

[11:06] {nemo} you can't blame somebody who is here. You have to blame somebody who isn't so they can't defend themselves

[11:06] {magoo} CAT could be candidate lord vader

[11:06] {Threei} dp, you here?

[11:07] {Threei} tough one mags

[11:07] {magoo} 'only as tough as u make it:)

[11:07] {Threei} there... it's dp's fault

[11:07] {Threei} you got a break nemo

[11:08] {magoo} i still blame nemo

[11:09] {Threei} nothing prevents us from blaming both of them actually...

[11:10] {Threei} and dino goes on vacation soon...

[11:10] {magoo} lazy slackers

[11:10] {ese} l mee .43

[11:10] {magoo} 20k?

[11:11] {ese} 3

[11:11] {nemo} DPWFL Mags...

[11:11] {magoo} HUH?

[11:12] {Threei} see?

[11:12] {Threei} at least my words you will find in vocabulary

[11:12] {chiro} hgsi -.15

[11:13] {nemo} Disgruntled Postal Worker Fantasy List

[11:14] {magoo} oh roflol..i was clueless..i ighnored all of your posts yesterday

[11:14] {Threei} yesterday?

[11:14] {nemo} what makes yesterday unlike any other day

[11:15] {ese} out mee .37 -.06

[11:15] {ese} daaaaaaaaa!!!!!!!

[11:15] {Threei} WFC is on a verge of being invalidated

[11:15] {magoo} bears will prolly make an attempt to squash mkt ...but will fail..and vads rally will hit

[11:16] {BillyD} puitting up a fight though

[11:16] {Threei} that's my story so far mags

[11:16] {Threei} sticking to it until proven otherwise

[11:16] {Threei} and trying to get a feel for NVAX... done or resting before another rocket

[11:18] {magoo} u just better get it right, i will be loading the boat if u get my drift

[11:19] {Threei} no pressure eh?

[11:19] {magoo} im serious..BIG shares if IF

[11:19] {magoo} so even a dime will kill me

[11:19] {BillyD} lol

[11:19] {Threei} WFC invalidated for now

[11:20] {nemo} so, it's a short?

[11:20] {magoo} billy, he works best when i moltivate him:)

[11:20] {nemo} :)

06[11:20] * Threei slaps magoo around a bit with a large anti-motivating device

[11:22] {nemo} yeah, but that rash never goes away

[11:22] {magoo} u just focus he he

[11:22] {Threei} NVAX is too volatile for such precision as dime

[11:23] {Threei} just a fair warning

[11:24] {Threei} IACI CEO: We can compete in search, this is still a very dynamic, growing area of the internet - conf call

[11:24] {Threei} Bing is definitely an improvement over Microsoft's previous attempts at search.

[11:24] {Threei} - "Some people out there refer to IACI as #3 in search."

[11:24] {Threei} well... some people think I can sing

[11:26] {nemo} yeah, but they're deaf

[11:26] {Threei} that's my point

[11:27] {Threei} Long Setup: NVAX .95

[11:27] {Threei} stop under .80

[11:27] {Threei} risky as hell

[11:27] {Threei} and if triggers,

[11:27] {Threei} Long Setup: BCRX

[11:27] {Threei} right here

[11:27] {Threei} stop under .30

[11:28] {nemo} what was right here?

[11:28] {Threei} it's still right here

[11:29] {magoo} futes still rotting

[11:29] {Threei} I don't think this couple cares much about them at this point

[11:31] {Threei} they have their own momo that either continues or dies down

[11:32] {Threei} NVAX if works, not a scalp for me

[11:32] {Threei} will try to partial

[11:33] {Threei} next spike should take it into 1:1

[11:35] {magoo} vad, keep eye on HGSI

[11:35] {Threei} can't

[11:35] {Threei} one on NVAX, one on BCRX, third in comaa

[11:36] {Threei} there... 1:1 NVAX

[11:36] {Threei} half out

[11:37] {Threei} stop to undr .90 for the balance

[11:40] {Threei} hurry up BCRX, your turn

[11:41] {patel} i was away from my desk what was the entry in BCRX

[11:41] {Threei} .39 - .40

[11:41] {ese} i smell more money in mee once this shakeout is done

[11:41] {Threei} but it's a complemetary play to NVAX

[11:43] {Threei} Attention: NVAX stop for the balance to under .95

[11:44] {Threei} mags, are you breathing over there?

[11:45] {Threei} next partial exit for NVAX is .22

06[11:46] * Threei slaps magoo around a bit with a large defibrillator

[11:47] {magoo} yea

[11:47] {Threei} just making sure you are partialling out... you know, the best way to get killed is to go for a kill

[11:48] {Threei} ok, next leg up is coming

[11:50] {Threei} here it is

[11:50] {Threei} direct hit

[11:50] {Threei} 1/4 more out

[11:50] {Threei} stop to .99

[11:51] {fernp} nice call Vad

[11:51] {nemo} wish you hadn't said "Risky as hell"

[11:51] {nemo} :)

[11:52] {Threei} well, it is

[11:52] {nemo} yep

[11:53] {Threei} look at the high so far

[11:53] {Threei} .23

[11:53] {Threei} is that a precision on exit or what

[11:53] {Threei} okay, your chpices on last portion:

[11:53] {Threei} stop under 5,

[11:54] {Threei} either exit into spike over .30, most likely closer to .40

[11:54] {Threei} or continue trailing it

[11:54] {Threei} I'll give trailing levels as it goes

[11:59] {magoo} which?

[11:59] {magoo} as i run for cover lol

[11:59] {Threei} which what?

[11:59] {magoo} good one:)

[11:59] {Threei} who?

[12:00] {Threei} don't overtax my mental capacity

[12:00] {Threei} it has been seriously tested earlier this morning when wife asked "2 eggs or 3?"

[12:01] {fernp} lol

[12:03] {Threei} thank you fern

[12:04] {Threei} youare about the only one who maintains my dignity, even with mercy laugh

[12:04] {fernp} here I am whenever you need me :)

[12:05] {Threei} thank you

[12:05] {Threei} now, my revenge for jf:

[12:05] {Threei} http://www.realitytrader.com/photography/2009/07/canadian-snowbirds.html

[12:10] {Threei} done with NVAX and stopped on BCRX

[12:10] {Threei} and guess who is on TV

[12:11] {larisa} nice pics. we had mama with 6 baby racoons last year, every evening they walked the perimeter of our property and hanged like apples from the trees for hours. very funny

[12:12] {Threei} they are funny until they fight for food... then they are vicious :)

[12:13] {BillyD} great photos Vad

[12:13] {Threei} ty

[12:13] {patel} nice pix

[12:13] {BillyD} did you take them?

[12:13] {BillyD} hehe

[12:13] {Threei} sigh

[12:20] {Threei} WFC

[12:20] {Threei} forming .60 - .70 range

[12:20] {Threei} not taking this break right away

[12:20] {Threei} I'd prefer more consolidation

[12:21] {Threei} break right now is very likely to turn out a trap

[12:24] {Threei} 75% Favor Auditing The Fed

[12:27] {ese} those of you that worked nvax.......good job....it's takin off again

[12:28] {BillyD} Vad, is WFC ready this time if breaks .70

[12:29] {Threei} it's retreating while market moves up

[12:29] {BillyD} your photos are really nice, was kidding

[12:29] {Threei} not liking it very muxch

[12:29] {BillyD} ok

[12:29] {Threei} I know... don't take my grumpiness seriously :)

[12:29] {Threei} no one does

[12:30] {BillyD} Yeah, I don't....good entertainment

[12:30] {Threei} which makes me even grumpier

[12:30] {Threei} Preview: Treasury's $39B 5-year note auction results due just after 1PM ET

[12:30] {Threei} - $39B auction size is an increase of $2 from June

[12:30] {Threei} - prior bid-to-cover ratio 2.58 with an average of 2.20 over the last 10 auctions

[12:30] {Threei} - indirect bidders took 62.8% of competitive bids at last auction

[12:30] {Threei} - with 23.4% alloted at the high at last auction

[12:30] {Threei} - When Issued notes currently offer a yield roughly 3 basis points above the cash market at 2.62%

[12:39] {dino} pega

[12:40] {Threei} we again are locked in 20 points range

[12:47] {Threei} 13 min till auction results

[13:01] {Threei} TREASURY'S $39B 5-YEAR NOTE AUCTION BID-TO-COVER RATIO: 1.92 V 2.58 PRIOR AND 2.20 AVG OVER THE LAST 10 AUCITONS

[13:03] {chiro} RIMMM...ndl

[13:03] {chiro} yhoo

[13:03] {chiro} sry...

[13:05] {Threei} market disliked auction results

[13:05] {Threei} but we are still in that same narrow range

[13:12] {Threei} (US) President Obama: Best case scenario would be a vote on healthcare bill in late September or early October (related IYH )

[13:13] {Threei} US) Reportedly leader of House fiscal conservative Democrats ("Blue Dogs") says agreement has been reached on the healthcare bill

[13:13] {Threei} - Reportedly the markup of the bill will resume later today.

[13:13] {Threei} - Notes that full House will vote on the bill in September, says the White House is on board with plan.

[13:30] {Threei} WFC - another confirmation of "fade the invalidation"

[13:33] {patel} we watching anything

[13:33] {Threei} not finding anything to watch

[13:35] {fernp} YHOO is not dropping with market

[13:36] {Threei} .40 is resistance to break for it

[13:45] {nemo} Mmmhhhh...why's the $ so strong?

[13:55] {magoo} vad, u watching bac wfc for bounce if mkt resumes?

[13:55] {Threei} I guess

[13:58] {magoo} sigh

[14:00] {Threei} Fed's Beige Book:Economic decline has moderated;

[14:00] {Threei} reporting extremely soft labor markets; lending activity stable in some districts

[14:01] {Threei} - Residential real estate market still soft

[14:01] {Threei} - upward price pressures are minimal

[14:25] {ese} hellooooooo bayyyyyyyyyba.....as elvis would say

[14:26] {nemo} wtf you wake me up for!!!

[14:26] {ese} was visiting the other side........

[14:26] {ese} of my computor that is.....

[14:27] {ese} gonna have to get that program for macs where you can operate windows from the mac side

[14:28] {ese} elvis is watching nemo........don't forget that

[14:31] {wulff} in HIG

[14:31] {fernp} VMware is the program, ese

[14:31] {fernp} http://www.vmware.com/products/fusion/

[14:36] {nemo} how's the coma Vad?

[14:37] {larisa} too deep to answer :)

[14:37] {nemo} thanks Lari

[14:38] {larisa} yw

[14:38] {Threei} sigh

[14:40] {nemo} Amazing, that bad auction, tbt skyrockets, then plummets ack to range

[14:40] {nemo} back

[14:42] {BillyD} why did we wake up today

[14:42] {Threei} come on... WFC and NVAX plays were not worth it?

[14:42] {BillyD} did not take either.....not my preference

[14:42] {Threei} well...

[14:43] {BillyD} why did you call WFC when mkt was still selling?

[14:43] {BillyD} what did you see

[14:43] {Threei} because it was setting up long while market was selling...

[14:44] {BillyD} it seems it's pattern has been hit or miss...some days yes with some days no

[14:44] {nemo} trout him Vad

[14:44] {BillyD} reason for my pass

[14:45] {larisa} BIlly, did you take HGSI on 14.80 pullback like you wanted though? it was nice one for 20 cents.

[14:46] {nemo} she's so sunshiny

[14:46] {larisa} earlier today. I used your alert, so ty :)

[14:46] {BillyD} I did not take it...don't remeber why

[14:47] {larisa} was a bit slower then we'd like on pullback, but support did hold

[14:47] {larisa} but i agree slow day

[14:48] {BillyD} my whole pt before vad jumped in....lol

[14:48] {BillyD} that guy........

[14:48] {larisa} lol

[14:48] {nemo} trout him Billy

[14:49] {ese} Thanks fern....will look into that

[14:49] {larisa} nemo provocator

[14:49] {Threei} 'cause I take sever umbrage in suggestion I don't earn my keep - while I hit weeks' long winning streak in THIS swamp {G}

[14:49] {Threei} and nemo....

[14:49] {BillyD} lol

[14:49] {nemo} what?

06[14:49] * Threei unholsters the trout

06[14:50] * nemo crawls into cave...closes door...pulls blanket over head

06[14:50] * nemo grabs teddy bear

[14:50] {Threei} okay then... but holster is still unbuttoned

06[14:50] * nemo opens draw...pulls out colt python .357

[14:50] {BillyD} gotta keep nemo at bay with constant threat

06[14:51] * Threei slaps nemo around a bit with a large solid frozen trout, fins sharp

[14:53] {nemo} the double whammy, physical abuse and psychological damage from fratricie

[14:53] {nemo} fratricide

[14:53] {Threei} that's how we do things...

[14:54] {nemo} I'm calling PETA on you

[14:55] {Threei} they'll make me watch their ads with girls in swimming suits? oh horror

[14:56] {nemo} Depends on the women...I think Rosanne Barr is in the latest

[14:56] {larisa} she lost a lot of weight lately

[14:59] {Threei} things I learn here...

[14:59] {larisa} wow, just noticed oil prices

[15:12] {Threei} Long Setup: USO .50 break if stays above .35 - half lot

[15:13] {ese} Vad are you coming to the Symphony Splash on Sunday.....my High School band is playing on the barge from 4pm to 6 pm

[15:13] {Threei} saw the program ese

[15:13] {Threei} sorry, won't be coming myself

[15:13] {Threei} too many people, too hot... and I have guests out of town who hate all those things

[15:14] {ese} ahhhh ok

[15:14] {BillyD} lol

[15:14] {Threei} good luck with p;erformance

[15:14] {Threei} I am sure your guys will do fine

[15:15] {ese} http://victoriasymphony.ca/concerts/splash/index.html here is the website everyone.....very cool show for my kids to be doing

[15:15] {Threei} cool kids too

[15:15] {ese} tks

[15:17] {ese} anyway....am down to the Symphony offices now.....see you tomorow

[15:17] {Threei} take care ese

[15:17] {ese} see ya vad

[15:20] {nemo} Ha! just noticed the Qs are up today...whooda' thunk

[15:21] {dino} why would they be up?

[15:21] {nemo} I don't know

[15:22] {dino} strange

[15:22] {nemo} not by much, but they are

[15:23] {Threei} EBAY Reportedly working on software to replace Skype; founders of Skype theaten to make underlying technology unavailable

[15:23] {Threei} - Founders of Skype accuse EBAY of violating licensing agreement

[15:23] {Threei} Congressman Barney Frank: "cram down" rules may be brought back if lenders do not modify more mortgages

[15:25] {dino} something about barney and cram down that i'm not liking

[15:25] {nemo} hehehe

[15:26] {Threei} [14:59] {Threei} things I learn here...

[15:26] {Threei} but LOL

[15:29] {BillyD} Vad, still interested in USO

[15:29] {nemo} didn't break .35

[15:30] {nemo} c u 2 morow

[15:30] {BillyD} no, but day gets shorter

[15:30] {nemo} when's sunset :)

[15:30] {BillyD} in 30 min

[15:30] {BillyD} hehe

[15:30] {Threei} I think so billy

[15:31] {BillyD} ty

[15:31] {Threei} has a good chance of jump for a scalp on end of day covering

[15:33] {Threei} USU To Pursue Discussions on Loan Guarantee

[15:33] {Threei} - requesting that the Obama administration review further the economic recovery and national and ene... (3.78, -0.27, -6.67%) more...

[15:34] {Threei} requesting that the Obama administration review further the economic recovery and national and energy security benefits of providing a loan guarantee for the American Centrifuge Plant in Piketon, Ohio. This announcement comes in response to the U.S. Department of Energys (DOE) request that USEC withdraw its application for loan guarantee funding.

[15:34] {_matt} did you get uso?

[15:34] {Threei} it triggered... why not?

[15:40] {Threei} Harvard's Feldstein: Obama health care reform program will cost in excess of $1T - CNBC (related IYH BBH PPH )

[15:41] {_matt} my bad

[15:41] {patel} USO needs a little kick

[15:42] {Threei} little?

[15:44] {Threei} let's tighten stop to under .40

[15:44] {Threei} time's getting tight

[15:44] {Threei} even with half lot, no point in struggling too much

[15:48] {Threei} stop to under .45

[15:48] {Threei} {--- extra-stingy

[15:49] {BillyD} nah, just prudent

[15:49] {Threei} the laughter of people who know me well is deafening

[15:51] {Threei} out

[15:51] {Threei} whatever

[15:51] {Threei} it would be unamerican profit anyway

[15:52] {BillyD} as long as USD

[15:52] {Threei} okay guys, thank you all

[15:52] {Threei} have a good evening, see you tomorrow

[15:53] {BillyD} cya

[15:53] {larisa} bye

[15:53] {fernp} bye