RealityTrader Trading Log

Thursday, September 3, 2009

Sep 03 2009

Another boring day. Just waiting out till after Labor Day

Session Time: Thu Sep 03 00:00:00 2009

[07:55] {magoo} wrirhrwligrhlrehrgehllrjkr
[07:55] {nemo} aslfwossjaprw!!
[07:56] {magoo} r';prs;okjpgrjj
[07:56] {nemo} I have to stop before I get in trouble
[07:56] {Threei} Yesterday 22:32 SVA China approves application to produce H1N1 (swine flu) vaccine
[07:56] {Threei}
[07:57] {nemo} Not sure I'm big on a Chinese swine flu vaccine
[07:57] {Threei} SVA sure is
[07:57] {nemo} THey producing it here for there? THat's different
[07:58] {Threei} ummm
[07:58] {Threei} let me reiterate:
[07:58] {Threei} Yesterday 22:32 SVA China approves application to produce H1N1 (swine flu) vaccine
[07:58] {Threei}
[07:59] {Threei} now, if it said:
[07:59] {Threei} SVA China approves NVAX's application to produce H1N1 (swine flu) vaccine
[07:59] {nemo} I get the feeling you're frisky this morning
[07:59] {Threei} I'd agree, SVA is not the one who will produce it
[08:02] {magoo} vad,u didnt say good morning magoo...first time in 3 years
[08:02] {magoo} AIG moving
[08:02] {Threei} Good morning magoo
[08:03] {magoo} morn vad:)
[08:03] {Threei} (I was checking if you pay any attention - didn't want to take it as a given)
[08:03] {Threei} good save?
[08:03] {magoo} yea...man, alot of green out there
[08:09] {magoo} whats up with fre & fnm?
[08:10] {nemo} nm
[08:10] {nemo} fnm
[08:10] {nemo} what am I doing
[08:11] {magoo} solars popping too
[08:11] {Threei} no specific news... I assume general market strength
[08:11] {nemo} they've been weak for the last month or so
[08:12] {Threei} Preview: Initial Jobless Claims and Continuing Claims due out at 8:30amET
[08:12] {Threei} - Expectations for initial claims are 565K v prior release of 570K (range seen from 550K to 580K)
[08:12] {Threei} - Continuing claims seen at 6.125M v prior 6.133M. (range seen from 6.100M to 6.200M)
[08:30] {magoo} numbers out
[08:30] {Threei} *US INITIAL JOBLESS CLAIMS: 570K V 564KE; CONTINUING CLAIMS: 6.234M V 6.130ME
[08:30] {nemo} spy and qs dropping
[08:30] {Threei} Prior jobless claims revised from 570K to 574K
[08:47] {brian3579} gm all
[08:49] {Threei} brian :)
[08:49] {Threei} ECB's Trichet: Reiterates will quickly unwind stimulus measures when economy recovers; will absorb liquidity to counter any threat to price stability
[08:50] {Threei} so what he is saying is: there is no inflation threat as they'll be able to absorb back their injections
[08:50] {Threei} and remove excessive money slushing around
[08:55] {nemo} which of course will slow the economic activity
[08:59] {Threei} SVA is honestly trying
[09:00] {nemo} aig looks like it's chomping at the strting gate
[09:00] {Threei} C Announces Shareholder Approval Of Increase In Authorized Common Shrs, Paving Way To Complete Shr Exchange (4.56, 0.00, 0.00%)
[09:03] {brian3579} what was the symbol of the stock that was halted yesterday?
[09:03] {Threei} SEPR
[09:03] {brian3579} ty
[09:03] {nemo} aig took out morning high
[09:04] {brian3579} anyone ever caught in that position?
[09:04] {Threei} looooong ago
[09:04] {Threei} very unpleasant
[09:04] {brian3579} scary
[09:05] {Threei} rule of thumb: stay away from huge moves with no news
[09:05] {Threei} those tend to get halted
[09:06] {dino} gm all
[09:06] {Threei} dino :)
[09:09] {ese} i'm here...i'm here....let the bells ring let the banners fly ....i'm here.
[09:10] {Threei} lol
[09:10] {Threei} mornng ese
[09:10] {ese} morning vad
[09:10] {nemo} better have your prescriptions adjusted
[09:10] {ese} was just thinking that
[09:10] {nemo} aig running again
[09:11] {Threei} (CH) Chinese Central Bank Adv: See economic recovery being sustained into 2010
[09:11] {magoo} man..my targhet AIG yesterday was 42
[09:11] {magoo} day early
[09:12] {Threei} lol, here is news I need a bottle of vodka to understand:
[09:12] {Threei} RHT Optimizes virtualization with HP for bladesystem matrix
[09:13] {ese} thats ben an interesting if not phonomenal run for aig.....15 bills to 55 in 17 days approx
[09:13] {ese} thats a hmmmmmm vad
[09:14] {fernp} good morning everybody
[09:14] {Threei} if RHT moves on that, I'll need to think of some optimization of virtualization myself
[09:14] {ese} mags do you expect AIG to be heading back to the 950.00/shs eventually?
[09:14] {Threei} fern :)
[09:17] {nemo} sva is shortable
[09:18] {dino} amed, fdo
[09:20] {dino} full day tomorrow?
[09:20] {bluejet} GM
[09:20] {larisa} good morning :)
[09:20] {Threei} bluejet :)
[09:20] {Threei} larisa :)
[09:21] {larisa} vad :)
[09:21] {Threei} yes dino
[09:21] {dino} ty
[09:21] {ese} interesting dino.....price target raised on amed and it gets tanked 8-9 bucks
[09:21] {Threei} Monday closed
[09:22] {magoo} friday a full day vad?
[09:22] {Threei} yes magoo
[09:22] {Threei} Monday closed
[09:22] {larisa} market open tomorrow whole day ?
[09:22] {Threei} yes larisa
[09:22] {Threei} Monday closed
[09:22] {ese} Ahhhhh speaking of Monday Vad......My Rhythm and Blues Band is onat Blues Bash down in the inner harbour from 4pm to 5:15 pm......Lots of beer
[09:23] {larisa} and monday?
[09:23] {larisa} oh
[09:23] {Threei} hmm... sounds tempting ese
[09:23] {Threei} who is paying for beer?
[09:23] {larisa} vad has a lot of patience today for some reason :)
[09:23] {Threei} but wait... I have 13 more to ask about tomorrow and Monday
[09:23] {larisa} lol
[09:23] {Threei} I am trying to bring up the best in myself larisa
[09:24] {larisa} ans we can help to do it :)
[09:24] {larisa} and
[09:24] {Threei} certainly... see, ese invites me a aparty with beer... that usually brings out the best in me
[09:25] {ese} Vad dcc please
[09:28] {dino} amed ceo leaving
[09:29] {dino} left i should say
[09:30] {texus} gm
[09:31] {Threei} texus :)
[09:31] {ese} dino have you got a buy in point for amed
[09:31] {Threei} Long Setup: SVA half lot .40 break
[09:31] {Threei} if stays above .25
[09:31] {dino} not yet
[09:31] {dino} 28.65 june
[09:32] {dino} 30 strike maybe
[09:32] {nemo} bounce on sva vad?
[09:35] {magoo} ytea
[09:38] {Threei} Long Setup: RIMM .20 break
[09:38] {Threei} if stays above .05
[09:39] {ese} L nvda ,37
[09:40] {Threei} no go RIMM
[09:41] {Threei} SVA is returning to the high so stubbornly
[09:41] {dino} amed 30s
[09:49] {Threei} Long Setup: SVA 10 break
[09:49] {Threei} if stays above .90
[09:50] {Threei} grr
[09:50] {ese} out nvda .43 +.06
[09:56] {ese} that L setup for sva still good vad
[09:57] {nemo} seems to be building a base
[09:57] {ese} nope
[09:57] {Threei} technically yes... I just don't find much technicala working today
[09:57] {ese} at .89
[09:58] {Threei} S&P: US High Yield Default Rate 10.2% in August
[09:58] {Threei} sitting out this hectic action
[10:00] {Threei} *AUG ISM NON-MANUFACTURING COMPOSITE: 48.4 V 48E
[10:00] {Threei} **Sub-indices:
[10:00] {Threei} - Non-Mfg Prices Paid Index: 63.1 v 41.3 prior
[10:00] {Threei} - Employment: 43.5 v 41.5
[10:00] {Threei} how's that for technicals?
[10:01] {dino} fast drop
[10:02] {ese} gonna be same market as yesterday...Red, Green, Red, Green....blah blah blah...
[10:02] {larisa} laser quote problems or it is just me?
[10:03] {Threei} fine today so far
[10:03] {nemo} yeah, me too, switch servers lari
[10:03] {larisa} ty
[10:06] {nemo} gold dumped
[10:07] {nemo} shoulda' stuck with my sva short
[10:11] {Threei} you shorted it?
[10:12] {nemo} yeah, pre-market, only 200 shares @ .45 got out A .25
[10:13] {nemo} I didn't see this coming, chicken-little-scalpers-regret
[10:13] {nemo} sorry, out @ .26
[10:13] {dino} abm sm l .10
[10:14] {ese} what stock was that nemo?
[10:14] {nemo} sva
[10:15] {nemo} had tht double top @9:15
[10:15] {Threei} ECB's Stark: Latest data suggests that worst of economic crisis is over; must not over interpret monthly data
[10:15] {Threei} - Likely Bumpy Road Ahead for Economy
[10:16] {dino} amed?
[10:21] {ese} what are ya thinkin dino
[10:21] {ese} been watchin it
[10:21] {Threei} BCRX woke up all of a sudden
[10:22] {ese} amed is at what i would call the no brainer buy point......
[10:22] {Threei} ahh
[10:22] {Threei} BCRX Hearing takeover chatter circulating
[10:22] {Threei} - Shionogi rumored as potential acquirer (11.60, +0.58, 5.26%) (related 4507.JP )
[10:22] {nemo} dcc ese
[10:24] {fernp} HIG vad?
[10:24] {dino} 30
[10:24] {Threei} not sure fern... bounces just don't work
[10:25] {ese} i'm thinkin that dino
[10:26] {ese} it's worth in the flippin 40's basically from what i can see just quickly looking at financials.......
[10:26] {ese} oops swear word....financials
[10:26] {dino} wish they would say something
[10:26] {dino} lol
[10:28] {dino} sm giddy up
[10:28] {dino} .25 wide
[10:29] {Threei} CEPH Hearing takeover chatter circulating
[10:29] {Threei} - GSK rumored as potential acquirer (56.26, +0.21, 0.37%) (related GSK )
[10:30] {ese} l amed sm as well .17
[10:34] {dino} abm stopped -.30
[10:35] {ese} added some more amed avg.27
[10:35] {Threei} Long Setup: VICL .10
[10:35] {Threei} stop under 5
[10:37] {magoo} in
[10:37] {dino} good girl
[10:37] {ese} out amed ,,76
[10:37] {dino} nice
[10:37] {ese} +.49
[10:37] {magoo} nice
[10:37] {dino} feels like 32-33 to me
[10:38] {ese} 3/4 lot 400 bucks can't complain
[10:38] {Threei} wtg
[10:38] {ese} you have more of a sense for thses than i do dino
[10:38] {Threei} ELN Ticking higher on renewed takeover chatter circulating
[10:38] {Threei} - Lundbeck rumored as potential acquirer (7.31, +0.26, 3.69%) (related LUN.DC BIIB )
[10:39] {nemo} 1:1
[10:39] {fernp} ty vad
[10:39] {Threei} welcome
[10:39] {Threei} something had to work finally
[10:40] {magoo} waiting .20 no fill
[10:40] {nemo} transition week
[10:40] {magoo} out now 6k TY
[10:40] {ese} 392.00 bucks to be exact
[10:41] {ese} nice dino.....amed moving up there
[10:41] {magoo} 600 bux i calcubalate
[10:42] {nemo} took your shoes and socks off, huh?
[10:42] {ese} right on mags
[10:42] {magoo} yea..size DOES matter:)
[10:43] {dino} stop to .99
[10:44] {nemo} yeah...and those brass ones of yours
[10:44] {nemo} or steel, if you prefer
[10:44] {ese} definately.......
[10:45] {dino} stopped amed .99, +.74
[10:45] {ese} size in very very short time frames.....15/20 seconds is best for me
[10:46] {ese} nice dino......
[10:46] {ese} how do you trail the stop.....
[10:46] {magoo} ya man..thats what i liker
[10:46] {dino} abm last try ,04 l
[10:46] {magoo} hate a trade that drags on and on for like 75 seconds
[10:46] {dino} manuallymove it
[10:47] {dino} too tight tho
[10:47] {ese} .05 .10 behind ?
[10:47] {dino} i start around 150 sl, then move
[10:47] {nemo} like that huge short all afternoon while dino was on vacation mags
[10:49] {ese} L fitb .14
[10:52] {dino} hiot 32.30 i was right
[10:53] {Threei} OSIR
[10:53] {Threei} Osiris Therapeutics Inc Heaing weakness attributed to rumor originating from chat room that data has been leaked
[10:53] {Threei} - note: In April, OSIR, completed Enrollment in its Second Prochymal Phase III Trial for Graft vs. Host Disease (GvHD), and said it expected top-line data from both studies in the second half of 2009.
[10:54] {ese} give me a break...qqqq's break up and fitb hangs at .15........well I never
[10:54] {ese} what kind of way to make a living is this?
[10:55] {nemo} Dino amed, maybe to 33-34?
[10:56] {nemo} ese, fitb looks something like fas today, might be my imagination, but AIG seems to have been leading financials last couple of days
[10:56] {nemo} it's flat the last 20 minutes
[10:56] {ese} hmmmmm tks nemo.......good thought
[10:57] {dino} nemo 36s imo
[11:00] {ese} for amed?
[11:00] {nemo} yeah
[11:00] {nemo} that would be the next level 35.50-36
[11:01] {ese} out fitb .21 +.07
[11:02] {ese} opps .20 +.06
[11:02] {ese} hmmmm thought i had .21 there
[11:07] {dino} out abm stoped -.32. fool me twice done w/it
[11:13] {dino} amed power struggle departures
[11:14] {dino} 10:47 am on cyber
[11:14] {dino} dj news
[11:16] {Threei} IFON Hearing chatter that company may receive the rights to sell iPhone in China (2.04, +0.53, 35.10%) (related CHU )
[11:17] {Threei} (US) Dept of Transportation (DOT): higher gas taxes and road mileage charges are options for raising revenue
[11:17] {Threei} of course they are
[11:17] {Threei} - Note: On 8/28 China Unicom signed a 3 year agreement with Apple to launch the iPhone; which was not exclusive
[11:17] {nemo} wait until they start charging for toilet flushes
[11:18] {ese} they do in europe......have to pay to use some toilets
[11:18] {dino} ny city too
[11:19] {nemo} I suppose breathing can't be that far behind, we do emit CO2
[11:20] {dino} intc strange
[11:20] {ese} in ny? didn't kn ow that
[11:20] {nemo} mmmmhhh, amed's ascent coincided with spy and Qs
[11:21] {dino} some new street toilets, .25 to use
[11:23] {Threei} IFON tries to tuirn into momo runner...
[11:26] {Threei} holding well so far
[11:26] {Threei} 2.20 break should be a launching pad
[11:26] {Threei} realize the risk
[11:27] {Threei} alternative way to try it - break of that big offer at .15
[11:27] {Threei} if it's taken out, .20 shouldn't hold
[11:28] {nemo} kinda' stands out, doesn't it...
[11:29] {nemo} went from 268 to 700+ back to 500+
[11:30] {nemo} Vad, do you think those just move down to 2.11 and 2.13
[11:30] {Threei} no
[11:30] {Threei} they are all there
[11:31] {dino} dllr hl l .25
[11:33] {Threei} one scenario this kind of things spometimes follows:
[11:33] {Threei} stock retreats, huge offer chases it down,
[11:34] {Threei} at some point the price becomes attractive enough for buyers to take it out
[11:34] {Threei} and that become a trigger.
[11:34] {Threei} Stock ususlly comes into level where such offer originally sat,
[11:34] {Threei} pauses for a sec,
[11:34] {Threei} then blows through it as buyers realize it's no longer there
[11:35] {dino} amed 34 trig imo
[11:37] {dino} hmmm better to grab pullback
[11:42] {nemo} gold has exploded
[11:42] {dino} cski
[11:43] {ese} which ticker nemo?
[11:43] {nemo} gld
[11:43] {ese} tks
[11:44] {ese} i'll say
[11:44] {nemo} a bit hyperbolic, but it ha been hanging between +.20 and +.40, I then look and it's +1.20
[11:45] {Threei} Gold Moves above $990/oz
[11:47] {ese} ya know ya can't brush your teeth with it......watch pirates of the Caribean with it.....drive it.......hit it with a golf club....man what good is it?
[11:47] {ese} paper weight
[11:48] {nemo} silver in bullets is good against vampires an werewolves
[11:48] {ese} ok now that has some practical use
[11:49] {ese} gold chalis for drinking vodka....now thats practical use
[11:50] {nemo} kinda' heavy...
[11:50] {ese} ya ok......i'd spend 990 an ounce to drink booze from it
[11:50] {ese} can see the value in it now
[11:50] {nemo} like cursing in French
[11:51] {ese} lol
[11:53] {Threei} 51% Say Congress is Too Liberal, 22% Say Its Too Conservative
[11:53] {Threei} Most Voters Say Town Hall Meetings Should Be for Congressmen to Listen, Not Speak
[11:53] {Threei} no kidding
[11:54] {Threei} 47% Expect Their Own Taxes to Rise Under Obama
[11:54] {Threei} 53% don't give a crap since they don't pay taxes
[11:54] {nemo} took the words right out of my mouth
[11:55] {Threei} don't you love these daily poll updates
[11:55] {nemo} no
[11:55] {Threei} that was rhetoric question
[11:55] {ese} wayyyyyyy to much time on our hands don't you think?
[11:55] {nemo} that was a rhetorical answer
[11:56] {nemo} you're right ese, that's how I got in trouble a coupla' days ago
[11:56] {ese} gotta love this job........
[11:57] {nemo} please don't call it that
[11:58] {ese} although.........we must be driving vad nuts by now.......Vads thought process("my god....what have igotten myself into with these kooks")
[11:58] {ese} "I've spawned a nightmare".....
[11:59] {Threei} well
[11:59] {magoo} i have apptmt...see u all tomorrow..ty vad..everybody
[11:59] {ese} see ya mags
[11:59] {Threei} I kind of knew what I was getting into... I just didn't know it would be THAST deep
[11:59] {nemo} take care Mags
[11:59] {Threei} take care mags
[11:59] {nemo} had to switch from ankle boots to waders and scuba gear, huh?
[12:00] {ese} for me the barbecues have been worth it........forget the trading
[12:00] {Threei} and just FYI, got myself a spear too
[12:00] {nemo} kurari on the tip?
[12:00] {ese} ha ha ha too funny
[12:00] {Threei} always
[12:01] {nemo} don't call you "Vad the Impaler" for nuttin'
[12:01] {Threei} hate these days when I am not finding much
[12:01] {Threei} not that I have any reason to complain about how August went
[12:01] {ese} and on that note......L FITB .23
[12:01] {nemo} member those few days late spring, what was it end of may, beginning of July?
[12:01] {Threei} and I knew that last days before labor day are not likely to produce much
[12:01] {nemo} And then you kicked ass all through the Summer
[12:01] {Threei} still...
[12:01] {nemo} beginning of June
[12:01] {ese} qqqq's look like it's about to break up
[12:02] {Threei} it's the same as those few days
[12:02] {Threei} transition... trend in question... momos are less enthusiastic
[12:02] {nemo} yeah...frankly, I got a kick out of you playing with the GETCO routing and making money...disgusting
[12:03] {ese} getco?
[12:03] {Threei} Laser thing ese
[12:03] {nemo} on Laser ese
[12:03] {Threei} no ECN fee
[12:03] {ese} ahhhhhh
[12:03] {ese} nice
[12:04] {Threei} kind of flash order into dark pools - for humle retail traders
[12:04] {nemo} hear any more on the automatic routing strategy for that Vad?
[12:04] {Threei} haven't asked
[12:04] {Threei} when I see dave my first instinct is to slap him
[12:05] {Threei} when I remember that I had questions for him, he is already unconscious
[12:05] {nemo} we'll have to keep an eye out, no Mags to do the dirty work
[12:05] {Threei} BRIC finance ministers reportedly intend to discuss exit strategies and the global economy at Sept G20 meeting, special BRIC communique may include proposals for IMF quotas
[12:05] {Threei} - Treasury Sec Geithner plans to attend the BRIC fin min conference
[12:05] {ese} somebody take a look at the 15min chart of FITB and tell me it's not going to break above .25......
[12:05] {Threei} lol
[12:05] {Threei} do they plan to let him in?
[12:06] {nemo} he better wear flak gear
[12:06] {Threei} Ford Motor Co Discusses Investment in India; $500 Million Investment in India Paying Off
[12:06] {Threei} - Plant Readies for Production of New Small Car
[12:06] {Threei} - integrated manufacturing facility near Chennai
[12:06] {ese} come on......q's breaking up........fitb whats the problem
[12:07] {nemo} nice box range ese
[12:07] {ese} thats what i thought
[12:07] {nemo} fas and aig in box range too
[12:08] {ese} fas for sure......aig ummmmmmm not so much
[12:09] {nemo} depending on time frame true
[12:09] {dino} es, you're the golfer right?
[12:10] {ese} right
[12:10] {ese} and putting better these days i might add
[12:10] {dino} just got lynx square driver, hitting it 295+ last night. easiest driver i ever had
[12:10] {ese} need me for a tournament dino
[12:10] {ese} nice
[12:11] {ese} am trying new drivers as well to go along with my new Cobra CB's
[12:11] {dino} thing was only $79.99 at golfsmith, unbelievable. 9.5 degree stiff
[12:12] {ese} WHAT!!!!!!!!
[12:12] {nemo} somebody get smelling salts for ese
[12:12] {ese} midnight golf supply?
[12:12] {dino} no kidding
[12:12] {ese} there ain't anything under 300.00 around here
[12:13] {nemo} Funny to think back about using wood "woods"
[12:13] {dino} golfsmith.com
[12:13] {nemo} but he's in Canada, they'll whack him for import duties hard
[12:13] {dino} thought what the heck was using a couple year old e.r.c.
[12:13] {ese} am looking at that right now
[12:14] {dino} figured could sell it if no good, now thinking i need another one for myrtle beach trips
[12:15] {nemo} conspicuous consumption...tsk
[12:15] {ese} which one is it....predator/black cat?
[12:15] {ese} parallax?
[12:16] {dino} parallax
[12:16] {dino} the 08
[12:17] {Threei} get a friend or relative in USA to buy it before they come to visit you
[12:17] {Threei} I mean, buy it with shipping to their address
[12:18] {ese} 79.00....thats a great price......are those adjustable weights on the shaft end
[12:18] {ese} or are they preset?
[12:19] {dino} preset
[12:20] {ese} still excellent price
[12:21] {dino} thing is awesome for my swing
[12:21] {brian3579} just got back not sure what's going on but taylor made burner $150 @ golf smith and i think you can get online for $100
[12:21] {dino} great price too
[12:21] {ese} just looking at those as well brian
[12:21] {brian3579} great driver
[12:21] {ese} have been interested in the 2007/08 burner driver
[12:22] {dino} grow
[12:22] {brian3579} what is $79.00
[12:22] {brian3579} 08 burner 150 09 300 i think
[12:22] {ese} lynx parallax driver
[12:23] {dino} grow spiked couple days ago to 12.20 then fast drop fwiw
[12:24] {dino} ugh, can't borrow
[12:24] {ese} talk baout side tracked.....fitb still not broken above .25
[12:28] {Threei} US) CDC Official: Still expects H1N1 (swine flu) to return in mid October, US is in the process of releasing $1.5B in flu preparedness funding
[12:30] {dino} amed pull back
[12:31] {nemo} sva pull back too
[12:32] {Threei} US) Senator Schumer (D): Proposes funding SEC from fees rather than Congressional appropriations
[12:32] {Threei} - Expects Senator Tim Johnson (D-SD) to assume Senate Banking Committee chairmanship if Senator Dodd vacates the position.
[12:33] {dino} dllr to .40
[12:33] {nemo} dltr
[12:33] {nemo} dltr?
[12:34] {dino} d l l r
[12:34] {dino} in at .25 see above
[12:34] {nemo} thanks, I knew you play dltr and misse your call
[12:35] {dino} np
[12:35] {dino} es amed entry?
[12:36] {nemo} volume didn't increase with price on amed
[12:36] {dino} .50 way dllr
[12:37] {dino} wy=wall
[12:37] {dino} way, sheesh
[12:37] {nemo} getting much better at Threeish
[12:37] {nemo} sva volume spike
[12:39] {Threei} do note IFON
[12:40] {Threei} still hasn't died
[12:40] {dino} mco blood
[12:44] {dino} dllr to .48
[12:45] {dino} stopped +.23
[12:46] {dino} kof
[12:49] {Threei} watching R'IMM acending triangle
[12:49] {Threei} not so much for a trade as to see if any patterns are back
[12:51] {nemo} aig forming ascending wedge too
[12:51] {nemo} amn
[12:51] {nemo} damn
[12:57] {dino} cbst
[13:01] {Threei} no way to tell really, but the fact that IFON returned to 2 and tests this range could be indicative of late day run preparation
[13:01] {Threei} just keep an eye on it
[13:01] {Threei} if that chatter turns true, it's a big mover
[13:01] {Threei} if not but there is no denial to it, it may try to run on speculation
[13:02] {Threei} INTC CEO: Windows 7 and aging PCs could spur some tech buying -FT (19.32, -0.15, -0.77%) (related MSFT )
[13:03] {Threei} RIMM broke
[13:06] {Threei} 1:2 almost
[13:06] {Threei} not bad
[13:09] {Threei} first of three big offers by EDGX is taken on IFON
[13:10] {Threei} two more, at .10 and .15, then chart resistance at .20..
[13:10] {Threei} lol
[13:10] {nemo} rimm vertical
[13:11] {Threei} with no news and no market support
[13:11] {Threei} some of technicals are back it seems
[13:11] {Threei} that ascending triangle sure was pretty
[13:12] {Threei} second offer is taken
[13:18] {Threei} in absence of magoo who would be all over it... who is going to play IFON should it trigger?
[13:18] {nemo} I volunteer larisa...but she's not here
[13:19] {dino} amed sm l .18
[13:19] {fernp} 2.20 break is the tigger?
[13:20] {Threei} formally yes
[13:20] {Threei} in reality, I think if .15 offer is taken,
[13:20] {Threei} .20 won't hold
[13:20] {fernp} EDGX offer, no?
[13:20] {Threei} yup
[13:24] {Threei} moment of truth
[13:25] {Threei} couple test buys, to see if EDGX back away
[13:30] {dino} sm s cbst .62
[13:32] {Threei} Gold prices look to end floor session at levels not seen since March after testing $999/oz
[13:43] {ese} fitb is pulling another NVDA yesterday on me.....it's not going to do anything the rest of the day
[13:43] {Threei} pre-long weekend trading, ese...
[13:43] {Threei} end of summer
[13:43] {Threei} people pack in hampton
[13:46] {dino} mhp
[13:51] {dino} cbst stopped -.34
[13:59] {Threei} MTXX Hearing rumor company provided a modified Zicam formula to the FDA
[13:59] {Threei} - rumor that the modified formula would avoid the side effects seen in the nasal spray that caused i... (6.05, +0.91, 17.70%) more...
[13:59] {Threei} nasal spray that caused it to be withdrawn from the market in June.
[14:00] {Threei} too many rumors
[14:00] {Threei} dino
[14:00] {Threei} see LH?
[14:01] {Threei} LH Breakthrough HIV findings published in journal Science (69.06, +0.19, 0.28%)
[14:02] {Threei} Journal Science publishes research on HIV-blocking antibodies, possible basis of HIV vaccine
[14:03] {dino} amed stop to .38
[14:04] {dino} out amed +1.20
[14:05] {dino} lh is a device maker isn't it?
[14:06] {dino} testing firm
[14:06] {dino} ugh amed
[14:10] {nemo} aig remarkably sedate today
[14:11] {Threei} pretty much everything is
[14:11] {dino} cbst rinsed
[14:12] {dino} you guys are funny, i'm picking up lots today
[14:12] {nemo} I said aig...amed has been an animal both ways
[14:12] {nemo} aig has been crazy
[14:14] {dino} aig govt pump and dump imo
[14:19] {Threei} SVA is losing all supports
[14:21] {dino} lrn hl l .80, stop .49
[14:24] {Threei} TM US Trade Complaint Surrounding Hybrid Motor Pads
[14:24] {Threei} Could Face Ban on US Import of Hybrids
[14:25] {Threei} anyone shorted?
[14:26] {nemo} what? sva?
[14:26] {Threei} Toyota
[14:26] {Threei} see news?
[14:27] {nemo} yes, but I can't imagine that lasting long...they're the largest car manufacturer here
[14:28] {Threei} how long do you need it last to scalp?
[14:31] {dino} lol
[14:31] {nemo} you short it dino?
[14:35] {ese} outta here all....see ya tomorow
[14:35] {Threei} take care ese
[14:36] {ese} see ya vad
[14:36] {dino} no
[14:36] {dino} see ya es
[14:48] {nemo} cbst dino
[14:48] {nemo} amed getting the wedge
[14:49] {dino} bummer
[14:50] {dino} cbst, i was too soon
[14:50] {dino} lrn working
[14:57] {nemo} gotta' go c u 2 morow
[14:58] {dino} cya nemo
[15:06] {Threei} F Moody's raises rating to Caa1 (7.13, +0.10, 1.42%)
[15:06] {Threei} outlook adjusted to stable from negative
[15:06] {Threei} - Affects $25B in debt (7.13, +0.10, 1.42%)
[15:08] {Threei} F is trying
[15:11] {Threei} not bad for a thick stoxck like this
[15:12] {Threei} ese's style of scalping
[15:12] {Threei} he would have taken 6-7 cents on it on 30K shares :)
[15:13] {dino} he's good at that
[15:14] {Threei} IDCC Rumors of ITC Overturning Nokia Decision - unconfirmed reports
[15:15] {Threei} this upgrade seems to mean a fair deasl to F
[15:15] {Threei} been a good while since it made such vertical moves
[15:20] {dino} unless they were down
[15:20] {Threei} lol
[15:20] {Threei} true
[15:20] {patience} hard to believe we used to trade 800 point swings in a day last year
[15:21] {dino} glad thats not so common any more
[15:23] {dino} v sm l neu .92
[15:24] {patience} that is one extreme trading environment since joining up with vad, the other time was 2004 and 2005 when extreme momo plays....i miss those
[15:28] {dino} mv
[15:29] {dino} 2000 was tough too
[15:29] {dino} mv straight up
[15:29] {dino} merger
[15:30] {Threei} MV FIS receives antitrust approval for acquisitions
[15:32] {Threei} HGSI UBS believes company is an acquisition target, raises price target to $25 from $18 (17.86, +0.40, 2.29%)
[15:35] {dino} every week someone says that
[15:36] {dino} ggc
[15:36] {Threei} GGC S&P raises rating to B from D (29.07, +1.95, 7.19%)
[15:38] {Threei} pulled ese on FORD
[15:38] {dino} out neu .32, +.40
[15:38] {Threei} took 5K under .30, offered .39
[15:38] {dino} taking some amed overnight, v sm
[15:39] {dino} unless it hits 35 before close
[15:39] {dino} then sell
[15:39] {Threei} it may...
[15:40] {Threei} strong close
[15:49] {Threei} 10 minutes later it's 50 cents higher
[15:50] {Threei} 10 minutes left, and 50 more cents left
[15:50] {Threei} I'd say, your chances look good dino
[15:50] {dino} out lrn .97, +.17
[15:50] {dino} yea, would like to dump out soon, in from .60
[15:53] {dino} stop to .39
[15:53] {dino} opps out +.79
[15:54] {Threei} tomorrow is last day to endure
[15:54] {Threei} then things should start picking up finally
[15:54] {dino} hope so
[15:54] {dino} ok, gotta hop, sons' baseball in hour
[15:55] {dino} thx all, good day for me
[15:55] {Threei} whole lot of nithing here
[15:55] {Threei} okay guys, thank you all, have a good evening
[15:55] {Threei} see you tomorrow

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