Sep 04 2009

We expected this last day before the Labor Day long weekend to be largely empty - wasn't the case at all. Not only we had a lot of active plays, we nailed them all with 100% accuracy. No single stop out of about ten plays. HGSI, HIG, SVA, RMBS, SPPI, LVS - all worked like charm. This officially ends trading summer for us, as after the Labor Day it's usually different market.

Session Time: Fri Sep 04 00:00:00 2009

[08:29] {magoo} morning

[08:29] {nemo} magus :)

[08:29] {nemo} jobs report mut be bad markets dropping

[08:33] {Threei} *AUG UNEMPLOYMENT RATE: 9.7% V 9.5%E (Highest since June 1983)

[08:34] {Threei} AUG CHANGE IN NONFARM PAYROLLS: -216K V -230KE; CHANGE IN MANUFACTURING PAYROLLS: -63K V -60KE

[08:34] {Threei} - Prior nonfarm payrolls revised better from -247K to -276K

[08:36] {nemo} wait til Dino sees amed

[08:39] {Threei} he took it overnight I think

[08:55] {magoo} i left early..did mkt pace pick up yesterday?

[08:55] {Threei} not really

[08:55] {magoo} how was close?

[08:58] {Threei} mostly uneventful, except F nice jump

[08:58] {fernp} good morning everybody

[09:04] {Threei} fern :)

[09:04] {larisa} good morning :)

[09:06] {ese} good morning

[09:06] {magoo} HGSI..pos news

[09:08] {dino} gm all

[09:08] {ese} dino

[09:09] {ese} 1/2 day or full day today?

[09:09] {dino} ful

[09:09] {dino} full

[09:10] {Threei} larisa, ese, dino :)

[09:10] {dino} unless i get lucky and then half for me

[09:10] {nemo} amed dino

[09:11] {dino} yeah and i dumped it at 3:50ish yesterday afternoon

[09:11] {Threei} argh

[09:11] {Threei} I thought you were taking it home

[09:12] {nemo} yeah had that late, "get out of Dodge" dump

[09:14] {dino} was, but had nice gain and thought overnighters have been tough. so chickened out and booked it

[09:15] {nemo} Makes perfect sense

[09:15] {nemo} Been a bit of a rough Summer, getting close to a long weekend, can book nice gain...bird in hand every time

[09:15] {Threei} HGSI retreated quite a bit from prematket high

[09:17] {magoo} yea..thoughts?

[09:17] {Threei} thoughts??

[09:18] {Threei} have you ever met me?

[09:18] {Threei} I have none

[09:18] {nemo} yeah...scary

[09:18] {Threei} but... 19 is clear resistance on premarket chart to break

[09:21] {magoo} news BIDU vad?

[09:21] {Threei} Baidu.com Update: Pali making cautious comments, maintains Neutral rating

[09:21] {Threei} - Note: The Ministry of Culture (MoC) came out with a new regulation on Sept 3 in that it does not allow BIDU to provide music content links to illegal music content provider, which could be a significant negative to BIDU's internet traffic since music search is a major driver for BIDU's traffic. About 80% of Baidu's traffic, firm believes, is from music search. Among all its music search results, links that are provided by illegitimate music companies are significant. If Baidu has to cut off the links to illegitimate music content, then we believe traffic to its websites could decrease. We believe this is just the first wave of regulations for online content and activities. Therefore, firm believes BIDU may have to face changes in its business.

[09:22] {nemo} yeah, but now you have to define what the Chinese authorities mean by illegal...

[09:22] {brian3579} gm all

[09:22] {nemo} 3579

[09:23] {Threei} brian :)

[09:23] {dino} snda

[09:24] {nemo} maybe moving on that BIDU news

[09:24] {Threei} ese... F did the dance just for you yesterday... exactly kind ogf move you love to play with big shares

[09:24] {ese} brian

[09:24] {Threei} keep an eye on it

[09:25] {ese} ya i know.....i had to exit with a .04 loss to go into work

[09:26] {nemo} work is a four letter word for good reason

[09:26] {ese} indeed

[09:27] {nemo} then again...and don't take this the wrong way, but most of what you do are passions, not work...amen

[09:27] {nemo} meant as a high compliment actually

[09:29] {dino} snda earnings

[09:29] {nemo} oh yeah

[09:31] {Threei} Long Setup: HGSI .70 break if holding .60

[09:32] {Threei} in validated for this particular entry point but remains as trading idea

[09:33] {nemo} interesting, bar dipped below 60, but idn't close under it

[09:33] {Threei} jumped of the next range before I could type

[09:33] {nemo} yeah...rude stock

[09:34] {Threei} meaning, .50 - .60 was the next entry range

[09:34] {ese} L cien .19

[09:34] {nemo} nice ese

[09:34] {Threei} CIEN Hearing upgraded from Market Perform to Market Outperform rating at Avondale; Price target $18 (timing uncertain)

[09:35] {nemo} very rude hgsi

[09:35] {ese} tks

[09:35] {Threei} that's not rude

[09:35] {Threei} definition of rude is to shake us out, then go

[09:36] {Threei} this is just disrespectful

[09:36] {ese} lets see if it popo on up there

[09:36] {Threei} watching pullback

[09:36] {ese} pops ....nope

[09:37] {Threei} I don't know... 19 break is formal trigbger

[09:37] {Threei} but something isn't quite right

[09:38] {Threei} I'll refrain

[09:38] {ese} stop is .09 cien

[09:38] {Threei} no confidence

[09:38] {Threei} let's consider it discretionary one

[09:38] {Threei} you likey, you takie

[09:39] {Threei} if you try it, eityher go in full lot qwith stop under .90

[09:39] {ese} stopped

[09:39] {Threei} or half with stop undedr .80

[09:39] {ese} -.10

[09:39] {ese} daaaaaaa

[09:39] {ese} should have taken the original pop

[09:39] {Threei} over 1:1 for full ,lot entry

[09:40] {Threei} over 1:1 for half lot

[09:40] {Threei} in case anyone went for it

[09:40] {dino} anf, coo, esl, ulta

[09:44] {nemo} cat vad?

[09:44] {Threei} HGSI is back into entry point

[09:45] {Threei} recross of .90 long

[09:45] {Threei} if stays above .80

[09:46] {Threei} what the...

[09:46] {Threei} problem with laser?

[09:46] {larisa} no

[09:46] {nemo} none here

[09:46] {laserdave} hey guys

[09:46] {tomg} i called dave, system wide problem. will be fixed in 30 min. hopefully

[09:46] {Threei} yeah

[09:46] {Threei} here he is

[09:46] {laserdave} they did more work to our server

[09:46] {laserdave} we shoudl be up any moment

[09:46] {Threei} HGSI 1:1

[09:47] {Threei} tom, did you wake him up?

[09:47] {Threei} great job if so

[09:47] {tomg} yup

[09:47] {Threei} wtg

[09:47] {tomg} thought it was just my problem

[09:48] {Threei} I always enjoy it, calling him at 5:30 am just to say good morning

[09:48] {tomg} i don't think I'll be trying that on a regular basis :)

[09:49] {nemo} 19 break again on HGSI vad?

[09:49] {Threei} ah come on, life is short

[09:49] {tomg} yeah, i'm well aware of that :)

[09:49] {Threei} no nemo

[09:50] {tomg} don't want to make it shorter

[09:50] {brian3579} vad what dont you like about hgsi at 19

[09:50] {nemo} aig touching morning lows

[09:50] {brian3579} break of 19

[09:50] {laserdave} were up

[09:50] {Threei} it pretty much follows the market today brian,

[09:50] {laserdave} sorry guys thougth i typed that in room

[09:51] {laserdave} i ddint hit enter

[09:51] {laserdave} :)

[09:51] {Threei} and market obviously had too much weakness in it at the moment

[09:51] {laserdave} now hopefully software is way smoother goign forward

[09:51] {brian3579} ty

[09:51] {magoo} big dump AIG

[09:51] {Threei} in fact, the way HGSI behaves I'd prefer to see it retesting low

[09:52] {Threei} around .60-.70

[09:52] {Threei} before trying it againb

[09:52] {brian3579} k

[09:53] {brian3579} played .90 break ty

[09:53] {Threei} :)

[09:55] {Threei} here comes HGSI

[09:56] {Threei} now I am interested again

[09:56] {Threei} .70 break if holding .60

[09:57] {Threei} Long Setup: HIG .55 break

[09:57] {Threei} if stays above .40

[09:57] {Threei} HGSI tagged 1:1

[09:58] {Threei} HIG, .45 support for hard core scalpers

[09:59] {Threei} 1:2 HGSI

[09:59] {brian3579} got hgsi ty vad

[09:59] {Threei} welcome

[09:59] {dino} bpi

[10:00] {Threei} HIG held quite well this market drop

[10:00] {brian3579} vad you may have just sent me to the golf course

[10:01] {Threei} hmmm

[10:01] {Threei} how did I do that?

[10:01] {nemo} he made so much money?

[10:01] {dino} sgg

[10:01] {brian3579} good morning

[10:01] {Threei} hi brian

[10:01] {Threei} lol

[10:02] {Threei} HIG 1:1 for hardcore pesky scalpers

[10:02] {Threei} HIG 1:1 for sabe traders

[10:03] {Threei} sane

[10:03] {Threei} I can't even type word "sane"...

[10:03] {fernp} ty Vad

[10:03] {Threei} welcome

[10:03] {nemo} thought you were speaking spanish

[10:03] {Threei} yup, I was talking to fern specifically

[10:03] {fernp} lol

[10:03] {dino} v sm bpi l .75

[10:04] {nemo} funny how friday before long weekend already is a good morning

[10:05] {Threei} yeah, who would have thought

[10:05] {Threei} I firmly set on "nothing day"

[10:05] {nemo} as you say about thinking

[10:05] {Threei} and there you go

[10:05] {Threei} mostly scalps but...

[10:05] {dino} stop bpi too soon

[10:06] {nemo} that would seem the highest probability way to play the day

[10:07] {dino} bpi last try v sm wide l .50

[10:09] {magoo} MTXX strong

[10:10] {Threei} rumors yesterday

[10:10] {Threei} it responds well to them

[10:11] {Threei} if actrual news comes about that "loss of smell" business being resolved while it's this low, a few dollars run is all but guaranteed

[10:12] {dino} arst

[10:12] {brian3579} have to run everyone have a good weekend vad ty

[10:13] {nemo} use sunscreen

[10:13] {Threei} have a great long weekend brian

[10:13] {brian3579} hahaha

[10:15] {dino} have fun brian

[10:18] {dino} esl hod

[10:24] {Threei} Long Setup: SVA 9 break

[10:24] {Threei} if stays above 8.90

[10:25] {dino} medq

[10:27] {dino} strange, special div. and knocked down

[10:29] {nemo} carrot or stick with sva Vad?

[10:31] {Threei} depends on your personal preferences

[10:33] {nemo} misse

[10:37] {magoo} lvs

[10:37] {Threei} no news

[10:38] {Threei} picks up pace

[10:38] {dino} hl medq .10

[10:40] {Threei} SVA 1:1

[10:41] {ese} i'm a day late and a dollar short today......seems like everything i look at has already done what i would like it to do...before i can get in sheesh!

[10:41] {dino} same here es

[10:42] {Threei} SVA 1:2 almost, I am out

[10:42] {tomg} ty vad

[10:42] {Threei} :)

[10:43] {ese} would like a crack at another amed

[10:44] {ese} speaking of that.....long at 35 maybe

[10:44] {dino} thinking 34.50

[10:45] {ese} hmmmmmmm i like that

[10:46] {larisa} RIMM fighting with 77

[10:46] {dino} sgg v sm .10 l

[10:46] {Threei} SPPI FDA Approves ZEVALIN Expanded Label as Part of First-Line Therapy in Treatment of Follicular Non-Hodgkins Lymphoma (8.82, +0.06, 0.68%)

[10:46] {Threei} hmmm

[10:46] {Threei} no reaction

[10:47] {Threei} oh

[10:47] {Threei} it's halted

[10:47] {Threei} maybe that's why

[10:47] {Threei} I heard it's hard fopr stocks to move while being halted

[10:48] {dino} indeed

[10:53] {ese} dino .... L amed .93 need some excitement in my life

[10:54] {ese} shallow pullback.....lets see if the market goes my way.......1 lot only

[10:54] {dino} still waiting at .50

[10:54] {ese} wouldn't ya know it.........thats too funny.....soon as i get in

[10:55] {dino} medq stop is .98 stuck

[10:55] {ese} i'll never doubt you again........

[10:55] {dino} i may not fill es

[10:55] {Threei} Long Setup: LVS .80 break

[10:55] {Threei} if stays above .70

[10:56] {Threei} has smell of momo play, so be careful with it,

[10:56] {Threei} not pure technical

[10:57] {Threei} it had premarket upgrade, target 17

[10:57] {Threei} other than that, nothing fresh

[11:01] {nemo} lvs mimicing market

[11:01] {dino} sm amed l .50 es

[11:01] {nemo} amed where you want it dino

[11:02] {Threei} more or less, but that spike was disproportionally big

[11:03] {dino} .90s

[11:03] {dino} 35 wall imo

[11:04] {ese} nice one dino.....

[11:06] {dino} sgg hard to get out of

[11:08] {ese} i'm out amed .51.........take my licks -.42

[11:09] {Threei} SPPI open

[11:10] {dino} ]loss never bothers me after i take it

[11:10] {ese} holy smoke.........

[11:10] {dino} partial out sgg .70, +.60

[11:10] {ese} naw me neither

[11:11] {ese} sppi vad.....what do we do with that one......watch?

[11:11] {dino} sppi, treatable 4000 patients?

[11:11] {dino} kind of low isn't it

[11:11] {Threei} it trades faster than I could possible type any signal ese

[11:12] {ese} boy i'll say

[11:12] {ese} first sign of strenght on pullback

[11:13] {Threei} all the way back

[11:13] {Threei} bounce soon

[11:13] {Threei} but let it drop more

[11:13] {ese} with ya

[11:13] {Threei} no way I'll alert in time

[11:14] {dino} tis drop, thin

[11:14] {nemo} set up "now" in mirc and hit return

[11:15] {larisa} if you wait for alert on stock like this, you will lose $

[11:15] {magoo} what the hex...it neg

[11:16] {dino} expands to only 4k patients thats why

[11:17] {dino} sxci

[11:19] {ese} heck of a shake down there sppi

[11:20] {Threei} one more leg down

[11:21] {ese} you go with the 3 legs down theory vad?

[11:21] {Threei} nah

[11:21] {dino} sm s sxci .36

[11:21] {Threei} Okay, that was it... mised it

[11:21] {Threei} didn't feel like 8 would hold

[11:22] {ese} might bounce off it again

[11:22] {larisa} 7.91 low

[11:22] {ese} you were right the first time

[11:22] {Threei} in

[11:22] {Threei} stop under .90

[11:23] {Threei} half out

[11:23] {ese} sure surprised alot of people after some positive news

[11:23] {Threei} .30

[11:23] {nemo} nice vad

[11:24] {nemo} you must have been hell on the ring at the merry go round

[11:24] {Threei} 1/4 more out .20

[11:25] {Threei} nice and clean double bottom

[11:25] {Threei} a bit too fast but doable

[11:26] {Threei} out in full

[11:26] {Threei} +.42

[11:26] {Threei} anyone ventured?

[11:27] {dino} not i

[11:27] {tomg} i did ty vad

[11:27] {nemo} for me that would be like trying to grab the mail out of the box at 60 mph

[11:27] {Threei} wtg tom

[11:28] {tomg} :)

[11:28] {ese} I did vad in .29 out ,52

[11:28] {ese} +.23

[11:29] {dino} gj, i did not like the news

[11:30] {ese} made up for the amed loss

[11:32] {Threei} wow ese... wading into deep waters of superfast trading :)

[11:33] {Threei} btw guys, for the future

[11:33] {Threei} [11:13] {Threei} all the way back

[11:33] {Threei} [11:13] {Threei} bounce soon

[11:33] {Threei} [11:13] {Threei} but let it drop more

[11:33] {Threei} why more:

[11:33] {Threei} this kind of runners on what seems to be great news

[11:34] {dino} sxci bstop to ,52 not cooperating

[11:34] {Threei} when pulls back so deep that in fact retracts almost or all of gains,

[11:34] {Threei} they tend to go much much lower.

[11:34] {Threei} eityher news is not that great, as dino pointed out in this case,

[11:34] {Threei} or it's a rehash of old news,

[11:35] {Threei} or it's simply being priced in,

[11:35] {Threei} and now profit taking comes out in force

[11:35] {Threei} whatever the reason is in each particular case,

[11:35] {Threei} when they do that let them drop much deeper

[11:35] {Threei} Don't be afreaid to miss THE bottom,

[11:36] {Threei} better hunt for cleaner formation, like double bottom,

[11:36] {Threei} let the pace slow down a little so trade is safer

[11:36] {dino} sxci stopped -.16

[11:36] {Threei} and if you miss it, you miss it, no biggie

[11:37] {tomg} good educational lesson, vad, ty

[11:37] {fernp} yes, TY Vad

[11:38] {larisa} LVS

[11:38] {magoo} LVS .80

[11:42] {Threei} tries to re-establish the setup

[11:42] {Threei} needs market help

[11:45] {Threei} wow

[11:46] {Threei} SPPI decided to punush "news traders" for real today

[11:46] {dino} esl hod area

[11:47] {ese} how about this double botom in SPPI now vad.....safe entry?

[11:47] {dino} medq stopped-.14

[11:47] {ese} or too much selling already taken place

[11:48] {dino} out remaining sgg .70, +.60

[11:49] {ese} wow dino......that thing was thin.....how many shs did you have

[11:51] {dino} 300

[11:51] {ese} nice

[11:51] {ese} vad you there?.........

[11:51] {dino} ty

[11:51] {dino} esl interesting, big pullbacks

[11:52] {ese} as per question above.....re double bottom in sppi

[11:52] {dino} sgg waiting to re-load at 65

[11:53] {Threei} ok

[11:53] {Threei} LVS restabliushed

[11:53] {Threei} ese?

[11:53] {ese} yes

[11:53] {Threei} oh, I see your question, sorry

[11:53] {Threei} missed it

[11:54] {Threei} I'd leave it alone

[11:54] {ese} no prob

[11:54] {ese} was thinking about entry....just wondering a viability of the bigger double bottom on 1 min chart

[11:54] {ese} wasn't

[11:55] {ese} wondering about

[11:57] {ese} as a strength indicator

[11:57] {Threei} I'd say, interest in it is waning as positions unwind and emotions die down

[11:58] {Threei} more and more people read the news and notice what dino noticed,

[11:58] {Threei} shrug and walk away

[11:58] {dino} vad is such an emotional guy

[11:58] {ese} gottcha

[11:58] {Threei} oh yes

[11:58] {Threei} and sentimental too

[11:58] {Threei} I cry watching sunrise

[11:58] {dino} but of course

[11:58] {Threei} hug every dog walking by

[11:58] {ese} cries over spilt vodka........

[11:59] {Threei} sometimes, because of bad sight, I miss and hug the female owner

[11:59] {ese} funny

[11:59] {dino} as i expect of you

[11:59] {Threei} ok... market broke out

[11:59] {Threei} LVS, follow the suit will ya

[11:59] {Threei} or I'll get emotional

[11:59] {ese} did it ever

[12:00] {Threei} you know that famous "September is historically the worst month for stock market" right?

[12:01] {nemo} should be a mad rally

[12:01] {Threei} I have this feeling... this September will shutter it, just as this May did to just as famous "Sell in May and go away"

[12:02] {dino} there go your emotions again, :)

[12:03] {dino} feeling talk

[12:03] {ese} shutter?

[12:03] {ese} don't get ya there chief

[12:03] {nemo} shatter

[12:04] {ese} a rally and then die off into christmas?

[12:04] {Threei} yes dino... and I am about to start this bout of uncotrollable cries

[12:04] {ese} int's that emotional making money eh?

[12:04] {ese} it's

[12:04] {Threei} GLD Moves out to fresh session highs above $995

[12:05] {ese} well....i'm glad your on my side

[12:05] {Threei} US Treasury's Krueger: Obama administration considering extension of some housing support programs if deemed necessary

[12:06] {Threei} Long Setup: RMBS .43

[12:06] {Threei} if stays above .35

[12:06] {ese} L uaua .2432 to be exact

[12:11] {ese} nice

[12:13] {ese} opps

[12:14] {ese} ahhhh carry on

[12:15] {dino} sm l tis .92

[12:21] {ese} what does it take for a stock to go up these days.......goodness

[12:25] {ese} hmmmmmm nice conversation with myself........i can keep myself entertained.....this is a good thing

[12:26] {Threei} lol ese

[12:27] {Threei} I need to learn from you... 10 more days of solitude

[12:28] {ese} then you are going on holidays

[12:28] {ese} ?

[12:28] {Threei} no, my wife returns from visiting her dad

[12:28] {ese} ahhhhhhhh

[12:29] {dino} trading song came on

[12:29] {ese} huh

[12:29] {nemo} better edit that

[12:29] {dino} welcome to the jungle, guns/roses

[12:30] {ese} ha ha ha ha.........

[12:30] {magoo} out ram-butt

[12:31] {nemo} not gonna' say it

[12:31] {Threei} please don't

[12:31] {magoo} its my goal to get you kicked u know

[12:31] {nemo} said I wouldn't

[12:31] {nemo} Actually hadn't thought of anything...which worries me

[12:32] {Threei} hmmm

[12:32] {dino} yuk!

[12:32] {Threei} just shows you how people can bo so very different

[12:32] {Threei} it's when I do think of something I get worried

[12:32] {magoo} im confused

[12:32] {Threei} welcome to my world

[12:33] {Threei} state of permanent confusion

[12:33] {magoo} vad, u thinking sept going to be bad month like usual..because the sell in may reference didnt work, but the word chatter, dunno wat u meant

[12:33] {Threei} that was shatter

[12:34] {Threei} I think

[12:34] {nemo} no, I translated

[12:34] {Threei} OK... let me try and be clear for once

[12:34] {magoo} lvs .80

[12:34] {Threei} I feel (yeah, emotions again)

[12:34] {Threei} that there is a good chance for the market to fool everyone

[12:34] {Threei} and continue with this insane rally

[12:35] {nemo} lvs broke out

[12:35] {Threei} 1:1

[12:35] {magoo} got cha

[12:36] {magoo} out .91 TY 3k

[12:36] {magoo} in a second

[12:36] {Threei} :)

[12:36] {Threei} 14.97 is high from Aug 28

06[12:38] * Threei slaps laserdave around a bit with a large warnng not to drink too much over the long weekend

[12:39] {Threei} RNBS 1:1

[12:39] {Threei} RMBS too

[12:39] {Threei} I haven't count the number of calls today but I am pretty sure there is no signle stop

[12:40] {dino} out amed .90, +.40 slow

[12:41] {Threei} DIS Pixar unit reportedly being suied by Luxo over alleged trademark infringement

[12:41] {Threei} what did they steal? image of a rat in cook's hat?

[12:42] {Threei} RMBS 1:2

[12:43] {magoo} u knew when i cut rmbs and insulted it..it would trigger

[12:43] {nemo} yeah, he doubled down

[12:44] {Threei} Prez is giving back-to-school speeh on Tuesday noon

[12:44] {nemo} indoctrination speech

[12:44] {Threei} well... I guess it's as good excuse to appear on TV as any

[12:45] {magoo} he appeared on tv the other day just to announce that eating bran keeps u regular

[12:46] {Threei} RMBS 1:3, and I do that to you on purpose mags

[12:46] {Threei} or is it 1:4 already

[12:46] {Threei} something I read a few days ago:

[12:46] {Threei} Obama's health care plan will be written by a committee whose head says he doesn't understand it, passed by a Congress that hasn't read it, and whose members are exempt from it, signed by a president who smokes in secret, funded by a treasury chief who did not pay his taxes, overseen by a surgeon general who is obese, and financed by a country that is broke.

[12:47] {nemo} 4

[12:47] {Threei} 1:5

[12:47] {magoo} really REALLY hurts too vad, i had 3k...so you can really rub it in

[12:47] {nemo} I got that a couple of days ago...and the IRS will be the enforcer

[12:47] {Threei} oh I will

[12:47] {Threei} 1:6

[12:48] {Threei} you can always count on me mags, to deliver as much pain as possible

[12:48] {Threei} 'cause pain is the best teacher

[12:48] {larisa} you still holding RMBS vad ?

[12:48] {Threei} (and this phrase abouve is just my excuse, in truth I simply like delivering pain)

[12:48] {Threei} no larisa... took 1:2 :)

[12:49] {larisa} just trying to help magoo :)

[12:49] {Threei} no chance

[12:49] {Threei} I'll tease him to no end

[12:49] {Threei} and he wouldn't expect any less from me

[12:49] {magoo} i walked away from bookuu bux

[12:50] {magoo} boo-koo?

[12:50] {Threei} you did, didn't you

[12:50] {magoo} boo-ku?

[12:50] {magoo} why dont you calculate it vad..really burn me :)

[12:50] {Threei} happily

[12:51] {Threei} 17.90 - 17.43 = 47 cents

[12:51] {Threei} .47 x 3K = 1,410

[12:51] {nemo} look at LVS

[12:52] {Threei} after couple lackluster days we got our revenge

[12:53] {Threei} 100% day'

[12:55] {Threei} LVS 1: I don't know how much

[12:55] {nemo} .80 break

[12:56] {nemo} back when it was vacillating between 75, so that's 1:7

[12:56] {magoo} well..i got nmad, so reloaded and hit LVS from .98 to .15

[12:56] {magoo} vad motivartes me

[12:56] {nemo} Vad or mad?

[12:57] {Threei} I am scared to ask what motivarting consitutes

[13:01] {dino} all day, bpi to .14

[13:02] {dino} to .20

[13:04] {dino} to .25

[13:04] {dino} out .25, +.75

[13:08] {dino} tis stop -.32

[13:17] {ese} "motivartes me" now theres a words.......got the word "art" in there for we musician types in the creative arts field

[13:18] {Threei} lol

[13:19] {dino} sm s esl .80

[13:20] {magoo} sm s ese??

[13:21] {nemo} amed going vertical

[13:21] {dino} w/o me

[13:22] {magoo} HGSI lord vader

[13:22] {Threei} .20 is a good level to break

[13:22] {Threei} just too vertical into it

[13:22] {Threei} want some consolidation first

[13:23] {Threei} early comment on LVS

[13:23] {nemo} 1:11 lvs

[13:23] {Threei} [10:56] {Threei} has smell of momo play

[13:24] {ese} out uaua ..34 +.10

[13:26] {magoo} hig highs

[13:26] {magoo} sigh

[13:29] {Threei} Leading liberals are already thinking the unthinkable: Challenging President Obama for the Democratic nomination in 2012.

[13:29] {nemo} he's not liberal enough?

[13:30] {nemo} hgsi trhough .20

[13:30] {Threei} pretty much

[13:30] {nemo} How much closer to the Politburo can he get?

[13:30] {Threei} the president has compromised on everything so far and as self-defeating as it may be, the progressive caucus and progressives would abandon him if necessary, if this was to be the policy of this administration into 2012.

[13:30] {Threei} RMBS newzs

[13:31] {Threei} RMBS Samsung comments that has no intention to purchase company (17.20, +1.27, 7.97%)

[13:31] {Threei} - Earlier takeover rumors circulated that Samsung was interested in acquiring the company

[13:33] {dino} esl bstop to b/e

[13:40] {dino} cov esl .40, +.40

[13:42] {rjdtbd} esl

[13:42] {dino} sxci s .99

[13:46] {dino} bstop to .06 stuck

[13:49] {dino} to b/e not cooperating

[13:49] {dino} ugh esl

[13:50] {dino} way too soon

[13:52] {dino} gld

[13:54] {dino} sgg came back 2 bucks

[13:55] {dino} sxci stopped flat

[14:05] {ese} L nvax .63

[14:07] {dino} ouch dgrdp

[14:09] {dino} jazz

[14:17] {ese} nver heard of that one dino Digital Reality Trust

[14:18] {ese} -20 ouch is right

[14:18] {nemo} Matrix LLC

[14:18] {nemo} as in the movie...bad joke...at least it's clean

[14:19] {dino} lol

[14:19] {dino} otc es

[14:19] {dino} came up on scanner

[14:20] {dino} jazz tempting

[14:20] {nemo} Scanners....I remember that one

[14:20] {nemo} jazz popped

[14:21] {dino} thinking short

[14:22] {dino} can't get it

[14:22] {nemo} nope

[14:23] {nemo} yeah, looking like a good short lower volumes than the previous spikes

[14:23] {dino} too tight sxci, would've worked

[14:23] {nemo} then again...as it jumps some more

[14:26] {larisa} another buyout rumor? whats up with JAZZ?

[14:26] {Threei} no news

[14:27] {dino} investor dude bgt 150,000 shares all i can fing

[14:27] {dino} find

[14:27] {larisa} lol

[14:27] {dino} nemo spike...opps nmo i mean

[14:28] {nemo} in jazz, yeah

[14:30] {dino} esl sm s .00

[14:30] {dino} .02

[14:34] {Threei} watching TIVO and JAZZ for bounce

[14:36] {nemo} is tivo trading?:)

[14:36] {Threei} huh?

[14:36] {Threei} oh

[14:36] {Threei} lol

[14:36] {Threei} sorry, slow todayt

[14:36] {Threei} and no jokes about "today"

[14:36] {nemo} me too...haven't been able to read diddly

[14:36] {Threei} why it's easy

[14:36] {Threei} D

[14:36] {Threei} I

[14:37] {Threei} then double D

[14:37] {Threei} see?

[14:37] {nemo} G

[14:37] {nemo} A

[14:37] {nemo} W

[14:37] {nemo} D

[14:37] {nemo} !

[14:38] {Threei} retreat a little TIVO, I need a range

[14:39] {Threei} ugh

[14:50] {dino} tyg

[14:55] {Threei} grrr

[14:55] {nemo} jazz

[14:55] {Threei} JAZZ was so easy tyo read short off .50

[14:55] {Threei} unavailable

[14:55] {nemo} yeah

[14:59] {nemo} my heart can't take all this excitement...thank god for my beard, else I'd have split my chin

[15:02] {nemo} calling it a day. take care...c u next tuesday

[15:02] {larisa} bye :)

[15:03] {dino} cya

[15:03] {Threei} take care nemo

[15:17] {ese} outta here all.....have to prep for a Blues Bash Festival this weekend.....beer drinking starts in T minus 1 hr 45min......it's a moment that i preped for for very diligently in college to apply those skills when needed....in this case in exactly t minus 1hr 43 min.....wish me luck

[15:17] {Threei} good luck ese

[15:17] {Threei} hey, tell me where to go if I do

[15:17] {Threei} and when

[15:17] {ese} hopefully we see you on monday vad

[15:18] {ese} down in the inner harbour where the dragon boat festival was

[15:18] {Threei} ship point

[15:18] {Threei} what time?

[15:18] {ese} our show starts at 4pm monday.......hopefully with no rain

[15:18] {Threei} got it

[15:19] {Threei} GRMN July and August exceed expectations, expects good 4Q: statement

[15:19] {Threei} - Price declines in line with expectations (31.75, +0.20, 0.63%)

[15:20] {Threei} wow

[15:20] {Threei} nice reaction

[15:27] {dino} esl stopped -.38

[15:30] {dino} lol es, just read that

[15:32] {Threei} Market Internals update at 3:30pmET

[15:32] {Threei} - NYSE volume 710M shares, about 16% below its three-month average; advances lead decliners by 3.1:1.

[15:32] {Threei} - NASDAQ volume 1.4B shares, about 23% below its three-month average; advancers lead decliners by 2.1:1.

[15:32] {Threei} - VIX index -7% to just over 25.00

[15:37] {fernp} good evening everybody. have a nice weekend

[15:37] {Threei} have a great one fern, hope we fixed this week today

[15:39] {dino} u2 fern

[15:42] {dino} giii to flat

[15:44] {dino} jst

[15:46] {dino} giii to .45

[15:47] {dino} to .49

[15:49] {dino} out giii .50, +.11

[15:53] {Threei} okay guys

[15:53] {Threei} thank you all

06[15:53] * magoo slaps Threei around a bit with a large trout

[15:53] {Threei} let;s have a great relxing long weekend

[15:54] {Threei} even you magoo

[15:54] {larisa} see you next week :)

[15:54] {Threei} September promises to be interesting

[15:54] {Threei} see you all on Tuesday unless ese pours too much beer on Monday

[15:54] {dino} coors light

[15:55] {dino} cya vad

[15:57] {magoo} have good weekend all..ty boss

[16:00] {dino} tis out half .75, -.15

[16:02] {dino} thx all, have good extended weekend