Sep 29 2009

Freeport, Bahamas conference - January 2010

Vad's sessions - 2 days, including live trading

Sleepy but nicely profitable day. AIG, RIMM, UAUA, GAME worked nicely for us, with two small stops on HIG and CHIP.

Session Time: Tue Sep 29 00:00:00 2009

[06:38] {KSystems} *yawn*

[06:38] {KSystems} good morning

[07:59] {magoo} morning

[08:08] {ese} good morning if anyone is hangin

[08:11] {patience} morning ese :)

[08:15] {ese} morning patience....sure has been beautiful in our neck of the woods lately

[08:16] {ese} aside from yesterday that is

[08:16] {ese} love this time of year

[08:21] {patience} had to turn the heat on yesterday....slippery slope from here ese

[08:22] {ese} yup....me thinks your right......i've got mine on now......

[08:23] {ese} what are you looking at this morning

[08:43] {Threei} Good morning

[08:43] {magoo} :)

[08:44] {Threei} SQNM is ugly

[08:44] {ese} morning vad...mags

[08:44] {ese} just reading that now

[08:44] {Threei} magoo, ese :)

[08:45] {Threei} SIGA

[08:45] {ese} failed to put in place proper protocals for research.......yuk

[08:45] {Threei} news is probably not very significant but chart is interesting

[08:46] {ese} CIT

[08:46] {ese} big volume....merger on horizon

[08:47] {Threei} lol... marriage made in heaven:

[08:47] {Threei} CIT Group Inc Investor John Paulson is mulling CIT/IndyMac merger - NY Post

[08:47] {Threei} - Hedge fund manager John Paulson is considering merging troubled U.S. finance company CIT Group with failed mortgage lender IndyMac Federal Bank , the New York Post said, citing people familiar with the matter.

[08:48] {Threei} troubled company with failed lender

06[08:48] * nemo slaps magoo around a bit with a large trout

[08:48] {Threei} - According to the paper, the merger, a plan floated by a number of CIT's creditors including Paulson, is not part of any formal discussions between CIT and IndyMac. The New York Post also said the plan of merger was one of several being discussed.

06[08:50] * nemo says, "Good Morning Reality Trader Trading Room!"

[08:51] {ese} morning nemo.....i think

[08:51] {nemo} morning, yes.

[08:51] {ese} ahhhhhh

[08:52] {Threei} CIT... daily chart is interesting for 2 break... news wise, don't know

[08:52] {Threei} just a discussion...

[08:52] {Threei} and of who knows what value

[08:53] {ese} i like it....but was thinking long at 1.95

[08:54] {ese} depending on volume of course

[08:54] {dptl} good morning all

[08:55] {ese} bounce today for rimm? mags

[08:55] {dino} gm all

[08:55] {Threei} dp, dino :)

[08:55] {ese} dp dino

[08:56] {dino} :)

[08:56] {nemo} 15 mnute chart looks intriguing for RIMM ese

[08:56] {fernp} good morning everybody

[08:57] {ese} definately......

[08:57] {magoo} vad, u see sqnm bludgeoning

[08:57] {Threei} fern :)

[08:57] {magoo} was 2.80 last nite

[08:57] {Threei} [08:44] {Threei} SQNM is ugly

[08:57] {magoo} oops

[08:57] {magoo} hey see wag,

[08:57] {magoo} not great news either, slight miss'

[08:58] {Threei} and yet

[08:58] {ese} way overbought

[08:58] {dino} wag

[08:58] {lasertrev} gm

[08:59] {nemo} LT :)

[08:59] {ese} trev

[08:59] {magoo} [08:57] {magoo} hey see wag,

[08:59] {Threei} trev :)

06[08:59] * magoo slaps lasertrev around a bit with a large trout

[09:00] {ese} LT used to stand for luxury trim design on my 74 toyota celica

[09:00] {Threei} CASE SHILLER HOME PRICE INDEX: 144.23 V 141.86 PRIOR

[09:00] {Threei} COMPOSITE-20 Y/Y: -13.30% V -15.40% PRIOR

[09:00] {Threei} - Prior Home Price Index revised from 141.86 to 141.94

[09:01] {ese} HBAN raised to outperform

[09:03] {ese} russian bad loads up,,,,,yours one of them vad......a way to get even perchance

[09:03] {Threei} they don/t include mine

[09:03] {ese} oh

[09:04] {nemo} dcc ese

[09:05] {Threei} either trying to make stats look prettier or in (vain) hope to get it back

[09:08] {nemo} rimm interesting on 5 minute

[09:10] {nemo} aig looking frisky too

[09:14] {nemo} hig again

[09:15] {Threei} HIG is a toothache in the heart

[09:16] {nemo} hi lari :)!

[09:16] {larisa} gm :)

[09:17] {Threei} larisa :)

[09:17] {larisa} vad, nemo :)

[09:17] {ese} laris

[09:18] {larisa} hi ese

[09:19] {ese} vad....hban 1min chart.....flat lining at .40 opinion?

[09:21] {nemo} aig forming tight range

[09:21] {Threei} hard to tell ese...

[09:21] {Threei} see, this one either gets momo or fails

[09:22] {Threei} and premarket volume and pace on it are not very impressive so far

[09:22] {ese} ya true

[09:22] {Threei} daily chart has important resistance at 4.50

[09:22] {ese} tks

[09:23] {ese} ya ...should be more than 1 mil shs to this point

[09:27] {Threei} a lot of buying at 11 on GAME

[09:28] {Threei} aww

[09:28] {Threei} moved

[09:28] {nemo} rimm too

[09:31] {Threei} watching HIG

[09:32] {Threei} Long Setup: GAME 11.10 break

[09:33] {Threei} if stays above 11

[09:33] {magoo} in

[09:33] {Threei} missed HIG

[09:33] {fernp} in

[09:33] {nemo} short fill

[09:35] {Threei} 1:1, half out

[09:35] {fernp} ty Vad

[09:36] {magoo} out game .24 TY

[09:36] {Threei} over 1:2

[09:36] {Threei} 1/4 more out

[09:39] {Threei} HIG, let's see if we get double bottom

[09:39] {Threei} want quick dive under .60

[09:40] {Threei} .70 break if never loses .60 is a possibility

[09:40] {nemo} too quick

[09:40] {Threei} yeah

[09:40] {fernp} missed

[09:40] {nemo} mags got it

[09:40] {Threei} done with GAME for now

[09:41] {Threei} HIG...

[09:41] {Threei} 29 break is probably momo launch

[09:43] {Threei} Long Setup: HIG .90 break if holding above .75

[09:43] {Threei} aggressive entry

[09:44] {nemo} probably test yesteray's close

[09:45] {magoo} which was?

[09:45] {nemo} .62

[09:45] {magoo} MBI wow

[09:46] {Threei} Long Setup: HIG .70 break if holding above .55

[09:51] {Threei} last modification on HIG

[09:51] {Threei} .55 break long

[09:51] {Threei} if stays above .45

[09:52] {Threei} no go

[09:52] {fernp} yeah

[09:52] {Threei} so far GAME is the only game

[09:53] {dino} cedc hl l ,35

[09:53] {dino} .

[10:00] {Threei} US) SEPT CONSUMER CONFIDENCE: 53.1 V 57E

[10:00] {dino} ouch

[10:00] {Threei} FDIC Staff: Propose that banks prepay 3 years in FDIC protection (as expected)

[10:01] {dino} 70 pt swing in minute

[10:01] {Threei} FDIC Staff: Propose that banks prepay 3 years in FDIC protection; Will raise $45B through prepayments (as expected)

[10:01] {Threei} - See deposit insurance fund being in the red by the end of the month

[10:01] {Threei} yeah, waiting it out

[10:02] {Threei} who would have expected... out of all stocks you could think of LULU is one of the strongest

[10:03] {Threei} AIG serious selloff

[10:04] {Threei} ANGO FDA says company websites misbranded sotradecol by failing to give info regarding risks and efficacy (13.92, -0.20, -1.42%)

[10:05] {Threei} DSCO Ticks higher ahead of scheduled meeting with FDA today on Surfaxin

[10:05] {Threei} - on Sept 10, the company announced FDA scheduled a meeting for September 29, 2009

[10:08] {Threei} real blast from the past: NAVR

[10:08] {Threei} didn't think it evenh existed still

[10:09] {nemo} read hig vad

[10:09] {nemo} please

[10:10] {nemo} oops, chart off...nevermind

[10:10] {Threei} HIG is highly market dependent here

[10:10] {Threei} and market is very uncertain

[10:10] {nemo} oh yeah, mirroring spy

[10:13] {Threei} something about UAUA

[10:14] {Threei} daily feels like some tension gathers for the runup

[10:15] {Threei} I normally don't like playing breaks on it

[10:15] {Threei} if retreats toward .30, will be inetresting to try

[10:16] {Threei} with stop under .20

[10:16] {Threei} DSCO again...

[10:16] {nemo} read cat vad?

[10:16] {Threei} CTT Sells 50 Pain Therapy Medical Devices (2.37, +0.14, 6.28%)

[10:17] {Threei} CTT momo

[10:17] {Threei} none on CAT

[10:19] {Threei} I start getting this feeling

[10:19] {Threei} and no, it's not gas

[10:20] {Threei} market prepares for a runup

[10:21] {Threei} not sure whether it materializes today or later in thw week

[10:21] {Threei} but look at the action

[10:21] {Threei} Everything was ready for a serious reversal, right?

[10:21] {nemo} just been consolidations

[10:21] {Threei} couple red days, bears get inspored finally

[10:22] {Threei} then we get a strong green day, and it becomes a matter of "whether it's just a snapback or it was a pullback that bottoms out now"

[10:23] {Threei} today we get disastrous confidence numbers

[10:23] {nemo} it's also eoq

[10:23] {Threei} and market manages to sell for whole 5 mnutes

[10:23] {Threei} and now lingers around flat for the day

[10:24] {Threei} DJI is down 12 point

[10:24] {Threei} NASDAQ 2

[10:24] {Threei} AIG Hearing weakness in name attributed to negative commentary out of Asensio, place vlaue of firm at $0.001/share

[10:24] {Threei} jeez

[10:24] {Threei} haven't heard of Asensio since 2001 I think, LOL

[10:26] {magoo} nice...1 cent...

[10:30] {ese} ya ......have to say vad i can't remember the last time i've heard that name either

[10:30] {ese} .01 cent ehhhhhh.......must have taken all his valuing skills to come up with that one

[10:33] {Threei} we haven't seen full report, maybe he is talking in pre-split prices?

[10:35] {nemo} aig downward triangle testing support from yesteray

[10:41] {ese} any opinions on rimm.....mags......wait another day then go long maybe ?

[10:42] {ese} you play it alot

[10:44] {nemo} aig,,,definition of trend line

[10:45] {Threei} (US) Senate draft of climate bill sets emissions auction floor at $10/ton

[10:45] {Threei} - Emissions to be capped at 6.6B tons in 2012

[10:45] {Threei} - Draft would allow for offsets of up to 2B tons of carbon emissions

[10:45] {Threei} - Trading to start in 2012

[10:45] {fernp} yes, perfect downtrend AIG

[10:46] {nemo} which means everybody else sees it

[10:46] {nemo} so much for that

[10:47] {nemo} yesterday's close was .19

[10:49] {fernp} UAUA around .30 Vad ... but chart is not very interesting

[10:50] {Threei} .25 break was what I was looking for as entry fern, but it jumped while I typed

[10:50] {Threei} it's there again

[10:50] {Threei} if market starts upticking here, will be valid setup

[10:50] {fernp} ok with stop under .20

[10:50] {Threei} right

[10:52] {Threei} even holding against the market...

[10:52] {Threei} HIG too

[10:53] {Threei} HIG looks nice for 28 break

[10:53] {Threei} World Bank's Zoellick: role of the US dollar "remains very significant" (related EUR/USD )

[10:54] {Threei} you think?

[10:54] {Threei} sigh

[10:55] {Threei} CIT Hearing Businessinsider reports refutes acticle in this mornings NY Post (1.80, +0.13, 7.78%)

[10:58] {Threei} (RU) Russian Industry Ministry proposes minimum price for beer sales (related BUD )

[11:01] {nemo} aig broke support for the moment

[11:03] {Threei} Fed Reserve: Proposes rules restricting credit card lending to people under 21

[11:03] {Threei} well

[11:03] {Threei} if they can't be trusted with drinking

[11:03] {nemo} hell, I can't be trusted with drinking

[11:09] {Threei} this quietness is remarkable

[11:09] {Threei} everything was p;ointing out to furious selling

[11:09] {Threei} and instead we have market sitting pretty, doing nothing

[11:10] {Threei} reallty feels like explosion is in cards

[11:10] {nemo} which way though...

[11:11] {Threei} if I meant down I'd say implosion

[11:11] {nemo} oh yeah, right

[11:11] {nemo} dbi jbe

[11:16] {Threei} UAUA 1"1

[11:18] {fernp} yes , waiting .33

[11:25] {Threei} Province of Ontario reportedly files C$50B suit against tobacco firms seeking to recover health care costs (related RAI MO PM LO )

[11:25] {Threei} 50B eh

[11:26] {Threei} let's fix all our financial problems on the back of tobacco companies, lol

[11:27] {Threei} good boy UAUA

[11:27] {magoo} laser quotes are shit again here..anyone else?

[11:27] {fernp} out UAUA ty Vad

[11:27] {Threei} fine here

[11:28] {Threei} fern :)

[11:28] {magoo} ive tried every server..whicjh u on?

[11:28] {nemo} I seem to be o.k.

[11:28] {Threei} 12th

[11:28] {nemo} 4

[11:28] {magoo} ty

[11:31] {nemo} aig up against resistance

[11:36] {Threei} MNKD Achieves main endpoint of Phase 2/3 study, shows AFRESA provides rapid suppression of Endogenous Glucose Production in Diabetes Patients

[11:36] {Threei} - Results from the open-label, single-dose, three-way crossover study showed that endogenous glucose... (10.37, +0.57, 5.82%) more...

[11:37] {dptl} see ya tomorrow all...have a good rest of the day

[11:37] {Threei} take care dp

[11:40] {magoo} vad u see MJN

[11:41] {Threei} yeah but

[11:41] {Threei} Mead Johnson Nutrition Company Hearing strength attributed to takeover speculation

[11:41] {Threei} - FT Alphaville speculates that Danone might make a bid for the company, and that it could fetch $12B in such a deal.

[11:46] {Threei} CHIP Announces $10 Million Financing Commitment (3.15, +0.08, 2.61%)

[11:46] {Threei} daily's nice on CHIP

[11:47] {Threei} holding 3 as oullback support, volume all but disappeared on pullback

[11:48] {Threei} has a history of a runner

[11:48] {Threei} there is a chance traders try to run it once again

[11:50] {Threei} if this offer at .22 is taken, it's a runner

[11:50] {nemo} you saying break of .22?

[11:50] {Threei} this is momo mover

[11:50] {Threei} no technicals on those

[11:51] {nemo} hope it doesn't become a roto rooter

[11:51] {Threei} you have a feel for momo, it's a player

[11:51] {Threei} you don't - stay away

[11:51] {nemo} I have the sensitivity of a quadraplegic rock

[12:01] {Threei} UAUA repeated the trick

[12:01] {Threei} was harder to read this time

[12:01] {nemo} read hig vad?

[12:02] {Threei} it doesn't do anything

[12:02] {magoo} except decay

[12:02] {Threei} may bounce, may rot more

[12:02] {Threei} roll the dice

[12:21] {Threei} Long Setup: RIMM .10 break if holding 67

[12:22] {ese} finally somebody watching rimm

[12:23] {Threei} invalidated anyway

[12:23] {Threei} may reestablish

[12:24] {ese} asked a question re rimm an hour ago to which everybody ignored me........to heck with all of ya

[12:24] {larisa} lol

[12:24] {nemo} didn't see it ese...you know I wouldn't ignore you...I know how sensitive you are

[12:24] {ese} i don't need any of you *&^*&&^&^*((**&

[12:24] {nemo} fur crissakes I was dcc'ing you this morning

[12:24] {Threei} lol

[12:25] {larisa} you asked magoo, ese, not us :)

[12:25] {ese} your the only friend i've got on this board nemo

[12:25] {ese} well...well..... whats that got to do with it ehhhhhhh

[12:26] {nemo} you hearing voices dude?

[12:26] {ese} you talkin about the person that i can't see .....and is giving me advice

[12:26] {dino} ngs

[12:26] {nemo} yeah...Harvey

[12:27] {ese} tells me when to buy and when to sell

[12:27] {ese} ya ya .....thats him.......ya ya .....do you know him to?

[12:28] {nemo} big ears, furry, whiskers

[12:28] {nemo} likes veggies

[12:28] {ese} ya ya thats him........

[12:28] {ese} ahhhhhhhh don't know about that

[12:28] {Threei} hmm... wait a minute

[12:29] {dino} amn double bottom in making perhaps. thing is down 20 pts 5 days

[12:29] {Threei} then who is this little green man with trunk in place of nose?

[12:29] {ese} hmmmmmmm

[12:29] {Threei} I thought it was his voice

[12:29] {dino} of course so is rimm

[12:30] {ese} dino you doin anything with amn

[12:30] {ese} man thats thin

[12:30] {dino} thinking of small long, waiting to see if .85 holds

[12:31] {ese} wow

[12:31] {ese} nerves

[12:31] {ese} and you thought i had moxy

[12:31] {Threei} CIT Wilbur Ross comments he might be interested in certain CIT assets if they were for sale (1.86, +0.19, 11.38%)

[12:31] {dino} bwld, pnra, mcd pos.

[12:31] {ese} Jules Vern never goes where you go

[12:32] {nemo} uaua @.25 again

[12:36] {magoo} in rimm btw

[12:38] {Threei} CIT Reportedly in talks with up to $10B credit facility, negotiations are underway - unconfirmed report

[12:43] {ese} ahhhhh so there is something there

[12:46] {ese} where are you in on rimm mags

[12:46] {magoo} 09

[12:46] {magoo} vads call

[12:46] {ese} nice

[12:46] {dino} amn sm l .40

[12:47] {magoo} waiting .30 area

[12:50] {magoo} out here .34 TY vad

[12:50] {Threei} welcome

[12:50] {Threei} slim pickings today but things work

[12:51] {Threei} IA) Iran Foreign Minister: UN nuclear sanctions have failed, US should try a "constructive approach"

[12:52] {magoo} how about the destructive approach ala iraq lol

[12:53] {Threei} AIG

[12:53] {Threei} long .50 break

[12:53] {Threei} if sdtays above .40

[12:57] {Threei} come on AIG

[12:57] {Threei} it's time

[12:58] {magoo} u want more than 1 to 1 right?

[12:58] {Threei} yes

[12:58] {magoo} over 46?

[12:58] {magoo} or ,90 area

[12:58] {Threei} .80 - .90

[12:58] {Threei} can't skip setup with 10 cents risk

[12:59] {Threei} it's AIG for crissake

[13:00] {Threei} aka as 0.01 stock

[13:00] {Threei} according to Asensio

[13:00] {Threei} 1:1

[13:00] {fernp} ty Vad

[13:00] {Threei} :)

[13:00] {nemo} ty

[13:00] {magoo} i reloaded RIMM .50

[13:00] {magoo} waiting .83

[13:01] {Threei} 1:2

[13:03] {Threei} MJN Danone spokesperson says report it may be considering bid for Mead Johnson is a rumor

[13:03] {Threei} - declines further comment (45.23, +1.88, 4.34%)

[13:03] {Threei} as if anyone doubted

[13:04] {Threei} funny day

[13:04] {Threei} trades are few and far between

[13:04] {Threei} but work almost flawlessly

[13:04] {Threei} except just one little stop

[13:05] {Threei} FCC Taskforce: estimates cost of universal broadband at $20 to $350B; more subsidies needed to increase broadband usage

[13:05] {Threei} - 6M Americas still lack access to basic broadband.

[13:05] {Threei} - notes smartphones to overtake sales of standard phones by 2011

[13:06] {Threei} AIG 1:3, and .80 target is hit

[13:06] {magoo} out RIMM ty vad

[13:06] {magoo} .84

[13:06] {Threei} welcome

[13:07] {magoo} oops.83

[13:07] {Threei} stress-free profitable day

[13:07] {dino} heck of a wide estimate, 20 to 350.

[13:07] {Threei} almost making money in your sleep

[13:07] {Threei} no kidding dinop

[13:08] {Threei} reminds me old russian joke mocking official announcements of nuclear tests

[13:08] {Threei} announcements used to say something like:

[13:08] {magoo} run for your life?lol

[13:08] {Threei} "nuclear device is tested, range is from 2 to 15 megaton"

[13:09] {Threei} so the joke went:

[13:09] {Threei} Q: what the heck does it mean, from 2 to 15??

[13:09] {ese} am outa here for the day all.......nice one on rimm mags.......

[13:09] {Threei} A: Well, we though it was 2, but then it really boomed...

[13:10] {Threei} take care ese

[13:10] {magoo} bye ese

[13:10] {ese} see ya vad

[13:10] {fernp} bye ese

[13:11] {nemo} c ya ese

[13:11] {dino} cya es

[13:11] {dino} lol

[13:11] {Threei} gosh... ese left longs ago but good byes just won't stop {G}

[13:12] {dino} popular fellow

[13:12] {Threei} drummer

[13:12] {Threei} thosde are always popular

[13:12] {nemo} I just didn't want him whining tomorrow

[13:14] {dino} exactly

[13:20] {Threei} CHIP

[13:20] {Threei} 2.93 long

[13:20] {Threei} if holding 2.90

[13:20] {nemo} can't handle that big a stop...

[13:21] {nemo} where'd that order go

[13:21] {Threei} at .92?

[13:21] {Threei} was taken out

[13:21] {nemo} yeah I see them

[13:21] {Threei} 2 big prints and many smaller ones

[13:22] {nemo} yeah 139, 26

[13:31] {Threei} oh well

[13:31] {Threei} RIMM...

[13:31] {Threei} starts looking seriously

[13:37] {nemo} aig oops

[13:38] {Threei} ?

[13:38] {nemo} broke as I typed

[13:38] {nemo} thinking break of .64 stop under .50

[13:42] {Threei} Long Setup: RIMM .15 if holding above 68

[13:47] {magoo} have feel AIG gonna take 46..u have read vad?

[13:47] {Threei} not really

[13:47] {Threei} stalled

[13:48] {Threei} RIMM with any market help should go to .50 at least

[13:48] {Threei} AIG, don't know

[13:49] {Threei} BLDP Hearing chatter the Co. could receive a large contract from Mercedes (2.91, +0.40, 15.94%)

[13:52] {magoo} rimm so beat up..wonder if runs to 70

[13:52] {Threei} 1:1

[14:01] {dino} osk

[14:15] {nemo} drys had quite a bump toay

[14:15] {Threei} yeah, I looked at it couple times

[14:16] {Threei} .75 break was the only readable entry point but I happened not to look then

[14:17] {larisa} blinked?

[14:17] {nemo} ese was in this morning at .36, you don't want to know how many shares

[14:17] {larisa} 30K ?

[14:17] {nemo} X2

[14:18] {Threei} good for him if he is still in

[14:19] {larisa} I have low at .43. overnighter? :)

[14:20] {nemo} rimm again Vad?

[14:21] {Threei} as close to 68 as you can get

[14:24] {Threei} first strength from here

[14:25] {Threei} (US) EPA: U.S. Carbon rules for industrial firms may be announced this week

[14:25] {Threei} ***Note: On 9/22 EPA finalized initial greenhouse gas reporting rules, new system covers 85% of US emissions

[14:27] {Threei} scalpers feel free to take profit

[14:28] {Threei} 5 cents risk, 12 cents profit

[14:29] {Threei} daytraders take profit here

[14:30] {Threei} and you magoo... I'll give my recommendation when I define what you are

[14:35] {fernp} ty for everything Vad

[14:35] {fernp} good evening everybody. see u tomorrow.

[14:36] {magoo} c u fern

[14:36] {nemo} cya fern

[14:36] {Threei} take care fern

[14:41] {Threei} that's one of the strangest trading days in quite a while

[14:42] {nemo} read bbby vad?

[14:42] {Threei} usually it's either very active, exciting and profitable

[14:42] {Threei} or sleepy with nothing to trade

[14:42] {Threei} today it's sleepy and profitable

[14:42] {Threei} and no

[14:42] {Threei} no read on BBBY

[14:43] {nemo} rimm respected the trendline

[14:55] {Threei} (US) Senate Finance Panel rejects Public Health Insurance Option

[14:59] {dino} hum

[15:18] {nemo} aig read vad?

[15:18] {Threei} .50 break... but I'd like to see tighter consolidation

[15:18] {nemo} me too

[15:19] {Threei} and we are running out of time

[15:19] {Threei} well... not literally yet, but not enough time for the trade to develop in case it gets stuck

[15:19] {nemo} tick..tick..tick..tick..tick..tick..tick..tick..tick..tick..tick..tick..

[15:19] {Threei} things move in slow motion today

[15:19] {Threei} one-legged snail through molasses

[15:20] {magoo} read rimm vad ?

[15:20] {dino} every day, in afternoons

[15:21] {Threei} none on RIMM

[15:21] {Threei} yes dino... but today afternoon started in 15 min after market opening, lol

[15:22] {Threei} on, in 35

[15:22] {dino} yes, i've been complaining to magoo, i can't get much going after 11:00 am

[15:29] {dino} out cedc .57 all day for .22, sheesh

[15:30] {Threei} AIG kind of resolved our problem nemo

[15:30] {nemo} yeah, shoulda' looked at it short after failing to break that 3rd attempt

[15:31] {dino} out amn .00, +.60

[15:32] {Threei} list of insurance companies whose interests are linked to public option guys:

[15:32] {Threei} UNH CI WLP HUM AET CVH WCG AGP CNC

[15:35] {dino} bummer amn goes up w/maket dropping, tricked me

[15:36] {Threei} Market Internals update at 3:30pm ET

[15:36] {Threei} - NYSE volume 844M shares, about 1% above its three-month average; advancers lead decliners by 1.1:1.

[15:36] {Threei} - NASDAQ volume 1.71B shares, about 5% below its three-month average; decliners lead advancers by 1.2:1.

[15:36] {Threei} - VIX index +0.4% at 24.97

[15:44] {nemo} damn, lookin' at aig thought too late to scalp

[15:44] {Threei} no setup really

[15:44] {dino} wow did i sell amn too soon, just bounced 1.20

[15:44] {Threei} that was total 50/50

[15:45] {Threei} could break down just as easily

[15:45] {nemo} please...allow me to beat myself up over this

[15:45] {Threei} oh, by all means

[15:45] {Threei} feel free

[15:45] {Threei} tell me if need help

[15:45] {dino} hit me too nemo

[15:45] {nemo} why, what did you do dino

[15:46] {nemo} and what's Magoo been doing?

[15:46] {Threei} 15:44] {dino} wow did i sell amn too soon, just bounced 1.20

[15:46] {Threei} [15:44] {Threei} that was total 50/50

[15:46] {nemo} oh.....yeah, much worse than me missing a .10 scalp

[15:46] {larisa} this will help dino to feel better :)

[15:47] {dino} ty larisa

[15:47] {larisa} lol

[15:47] {dino} almost 2 bucks

[15:47] {larisa} :(

[15:51] {Threei} (US) Senate Panel rejects second Public Option Vote

[15:52] {Threei} (US) Senate Panel rejects second Public Option Vote 13-10

[15:52] {Threei} - Baucus, two other democrats vote down Schumer's amendment

[15:55] {Threei} ok guys, thank you all

[15:56] {Threei} have a good evening, see you tomorrow

[15:56] {dino} cya all

[15:56] {larisa} bye :)

[15:56] {nemo} cya

[15:58] {dino} will be watching that amn tomorrow strong finish