Dec 08 2009

That was mind-numbingly boring day. Between some scalps and stops, just slightly up thanks to GLD short; narrow range for the most of the day just didn't provide enough opportunities.

Session Time: Tue Dec 08 00:00:00 2009

[07:52] {Threei} JASO UPDATE: Weisel Raised JASO to Market Weight from Underweight, price target: $4

[08:04] {Threei} XLNX Guides Q4 +16-20% q/q (+6-10% prior) (23.24, 0.00, 0.00%)

[08:05] {Threei} (US) Meredith Whitney: Underlying earnings power will flag in Q1 of 2010, there is no demand at middle to low end as there is no access to credit in this segment - CNBC (related EUR/USD XLF )

[08:12] {nemo} Hi Raven

[08:12] {Raven} hello

[08:12] {nemo} mornin' fern

[08:12] {nemo} day strider

[08:13] {nemo} you going to get pummelled with snow out there in Michigan?

[08:14] {Raven} possibly ... but there is going to be a mix of rain and snow in some areas so it is not a sure thang

[08:15] {nemo} you seem to have quite the affinity for certain vernacular

[08:15] {Raven} lol ... it amuses me

[08:16] {nemo} me too

[08:18] {Threei} who is that vernacular?

[08:18] {nemo} it's a "what" specifically "thang"

[08:31] {strider} AIG estimates lowered due to P&C segment weakness at UBS

[08:38] {Les} I disagree with this notion Vad. survival may well be wired into human beings, so suggests evolutionary psychology and biology.

[08:39] {Les} and good morning

[08:39] {Threei} good morning

[08:39] {Les} thank heavens learning is not compulsory.

[08:39] {Les} otherwise I'd have to get a real job

[08:39] {nemo} maybe les, but then free will can get in the way

[08:40] {Threei} Ayn Rand: humans are the only beings whose means of survival--reason--is not automatic

[08:40] {Les} not sure about free will nemo

[08:40] {nemo} Some people just give up and die

[08:40] {nemo} they make a choice

[08:41] {Threei} anyway, that was a half joke

[08:41] {Les} yeh i understood that

[08:41] {Threei} with meaning of learning necessary for surviavl

[08:41] {nemo} 1/4 joke if lucky

[08:42] {strider} KR gap down

[08:43] {Les} fcx too

[08:44] {nemo} pessimists

[08:45] {Les} prefer pressimism than coma

[08:45] {Les} pessimism too

[08:48] {strider} long KR 20.15, stop below 20.

[08:50] {Moose} :P

[08:51] {Les} AZO in red despite positive earnings. Judging from yesterday's trading range this is worth watching

[08:51] {Les} hey moose back at ya

[08:57] {fernp} Good morning everybody

[08:57] {Moose} hi fernp

[08:57] {Threei} fern, moose :)

[08:59] {Threei} (IA) Iranian Spokesperson: Claims that nuclear scientist has been abducted by US (related GLD USD/GCC )

[08:59] {strider} out KR +.16

[09:02] {Moose} wtg Strider

[09:03] {strider} morning Moose, how is the great state of Tennessee this morning?

[09:03] {Moose} wet

[09:03] {Moose} 2nd day of rain

[09:04] {Moose} brb

[09:04] {strider} KR now in c&h

[09:05] {strider} left most of the money on the table.

[09:06] {strider} looks like rain here, too, moose.

[09:10] {Moose} back... where are you strider?

[09:10] {strider} Hickory, NC

[09:10] {strider} east side of the foothills.

[09:10] {Moose} oh, thats right... yup, its moving your way

[09:19] {Threei} keeping eye on WFC

[09:20] {ese} morning

[09:20] {Threei} ese :)

[09:20] {fernp} ese

[09:20] {ese} whats new and exciting in the world of trading

[09:20] {ese} fern vad

[09:21] {BillyD} GM everyone

[09:21] {ese} billy

[09:21] {Threei} UAUA UPDATE: Jesup & Lamont Raised UAUA to Buy from Hold, price target: $15

[09:21] {Threei} Billy :)

[09:22] {BillyD} ese, you gonna wrestle GERN today

[09:22] {ese} still am......L 6.03

[09:22] {BillyD} from the other day?

[09:22] {ese} just kept that position from last week

[09:22] {BillyD} got it

[09:23] {lasertrev} morning

[09:23] {BillyD} hi trev

[09:23] {ese} not much though 1/2 lot

[09:23] {Threei} trev :)

[09:23] {BillyD} 20k for you then...lol

[09:23] {Threei} GERN had some news

[09:24] {ese} will check that out

[09:24] {BillyD} yes

[09:24] {Threei} 5:55:29 AM

[09:24] {Threei} UAL Corp Expects to announce orders for 50 wide-body aircraft - WSJ

[09:24] {Threei} - Article noted that the company was expected to spilt the order for 25 787 aircraft and 25 A350s.

[09:25] {Threei} 7:57:52 AM

[09:25] {Threei} UAL Corp Confirms order for 25 Airbus and 25 Boeing units

[09:25] {Threei} - United ordered 25 Airbus A350 XWB aircraft and 25 Boeing 787 Dreamliner aircraft and has future purchase rights for 50 of each aircraft.

[09:25] {Threei} - United expects to take delivery of the aircraft between 2016 and 2019; at the same time it will retire its international Boeing 747s and 767s.

[09:26] {Threei} UAUA daily looks interesting for 10 break

[09:26] {dino} gm all

[09:26] {Threei} dino :)

[09:27] {Threei} WFC no bounce with market

[09:29] {strider} KR broke major support

[09:29] {larisa} gm all :)

[09:29] {strider} mmorning everybody.

[09:29] {BillyD} larisa :)

[09:29] {BillyD} Strider :)

[09:29] {Threei} larisa, strider :)

[09:29] {larisa} billy, vad :)

[09:29] {ese} dino ST laris

[09:30] {strider} :)

[09:31] {Threei} Short Setup: WFC .95

[09:31] {Threei} stop above 26.10

[09:31] {strider} in

[09:31] {Threei} 26.05 for scalpers

[09:32] {Threei} should be good for more... morning volatility is a concern though

[09:32] {Threei} could be a trade we will revisit

[09:32] {Threei} ugh, missed UAUA

[09:33] {Threei} .90 should send WFC down screaming

[09:34] {nemo} cat crash fever

[09:35] {dino} nugent

[09:35] {nemo} yeah

[09:36] {Threei} let's trail WFC to above .05

[09:40] {Threei} out WFC

[09:40] {strider} out

[09:40] {Moose} ditto

[09:40] {Les} ditto

[09:40] {fernp} out

[09:40] {strider} that one looked really good, too.

[09:40] {Threei} yes, and still does

[09:41] {Threei} let's sit out this opening uncertainty

[09:41] {Threei} it remains solid short candidate

[09:42] {dino} mtn

[09:42] {Threei} (US) Preview: Dec IBD/TIPP Economic Optimism due out at 10amET

[09:42] {Threei} **consensus expectation: 48.8e v 47.9 prior

[09:43] {Threei} F Nov Russian car sales seen down 48% y/y (8.85, -0.06, -0.67%) (related RSX )

[09:44] {Les} CAT setting up for b/d?

[09:44] {Threei} can't tell

[09:46] {Threei} feels like bounce to me at the moment

[09:46] {Les} its following market

[09:46] {Threei} Long Setup: CAT .60 break

[09:46] {Threei} if stays above .50

[09:47] {magoo} hey

[09:47] {Threei} mags

[09:48] {dino} meli sm l .01

[09:48] {dino} stop lod

[09:49] {Moose} in CAT

[09:49] {Threei} took aggresicely?

[09:49] {Moose} what what?

[09:49] {strider} in .61

[09:50] {Threei} 1:1

[09:50] {Moose} out +.13

[09:50] {Moose} .12

[09:50] {ese} out gern .19 +.16

[09:51] {ese} added another 500shs at 6.02....so was a good profit

[09:51] {Threei} wtg ese, this is not an easy one to profit from

[09:51] {dino} gj

[09:52] {ese} definitely......

[09:52] {Threei} GERN's path in the market over last 10 years is marked with many tumbstones

[09:53] {ese} having a 1/2 from before helped......was able to give it a wide berth so it could move and i wasn't too woried about it....might have been dn $230.00 at most

[09:54] {Threei} that's a good dinner in Paprika Bistro

[09:54] {ese} because i was in i'd been watching it and so it was easy to see the momo

[09:54] {Threei} wasn't too keen on CALLIN WFC long on .10 break

[09:54] {ese} definitely......

[09:54] {dino} meli to .41

[09:54] {Threei} volume looked strange

[09:55] {Threei} in retrospect, I need to think less

[09:55] {Moose} i heard that their Cowichan Bay Duck Breast is wonderful

[09:56] {Threei} like you'd never believe

[09:56] {dino} out mei .82, +.81

[09:56] {fernp} gj dino

[09:56] {Threei} who partialled CAT, get out here

[09:56] {dino} ty

[09:58] {fernp} HIG hod

[09:58] {BillyD} Vad, you partial CAT? I was going to but it broke .60 so got out on the bounce back into .68

[09:59] {Threei} I didbn't but I got in aggressively

[10:00] {BillyD} ok

[10:00] {Threei} just know that strider often partials them so I threw in a comment

[10:00] {fernp} TGT short, Vad?

[10:00] {Threei} I think so fern

[10:00] {Threei} .50 break, stop above .60

[10:00] {fernp} ok

[10:01] {strider} Hey vad...yeah I partialled CAt...

[10:01] {Threei} cool beans

[10:01] {strider} was on my DSL....get a fax...and it friggin' disconnected me.

[10:01] {nemo} jeezus rimm

[10:02] {strider} worked to my advantage with CAT, but golly......

[10:02] {Threei} MITI Data from Phase 2 Study Confirm High Response Rate of Micromet''s Blinatumomab in Patients with Acute Lymphoblastic Leukemia (6.93, +0.06, 0.87%)

[10:02] {Threei} (US) IBD/TIPP Economic Optimism: 46.8 v 48.8e

[10:02] {Threei} no one cares

[10:02] {Threei} market didn't react in any way

[10:03] {Moose} is TGT offical call or just side note to fern?

[10:04] {Threei} nah

[10:04] {Moose} ok

[10:04] {Threei} I prefer them more defined

[10:04] {Moose} out TGT be

[10:04] {Threei} it's a bit amorpgous

[10:04] {Threei} g=h

[10:04] {Threei} I think

[10:05] {strider} works for me.

[10:05] {fernp} stopped TGT

[10:06] {dino} mtn app. lod

[10:06] {Threei} MITI

[10:06] {Threei} news get attention

[10:06] {Les} WFC b/d .30 trigger?

[10:06] {Threei} see if turns into momo

06[10:07] * Threei squints at magoo

[10:07] {magoo} awiav?

[10:08] {dino} not i

[10:08] {dino} nemo, double bottom mtn?

[10:08] {BillyD} NANO making noise

[10:09] {Threei} NANO is certainly a momo candidate

[10:10] {fernp} SCHW if breaks 18.25, Vad?

[10:10] {ese} dino you scoped safm at aqll

[10:10] {ese} at all

[10:11] {dino} no

[10:11] {Threei} not really delighted fern

[10:11] {dino} am now

[10:11] {fernp} thanks

[10:11] {Les} wfc

[10:11] {ese} was up over $2 for a bit

[10:12] {ese} Q was good...rev was good

[10:13] {dino} 4 cent miss?

[10:13] {dino} kr blood

[10:13] {ese} nope reports .96 vs .93 expected

[10:14] {Moose} we used to shop at KR but now mostly get food from WMT

[10:14] {dino} hmm, saw .96 vs 1.00, but thx

[10:15] {dino} azo rocks

[10:15] {Threei} Sacramento snowed in

[10:15] {Threei} global warming runs amok

[10:15] {fernp} INTC lod

[10:15] {dino} global warming, lol

[10:15] {patience} see Vad, we don't have it so bad

[10:15] {Threei} no kidding, lol

[10:16] {ese} trade the news is where i got my info.....vad's news feed........

[10:16] {dino} 4" snow expected here tonight

[10:16] {Moose} KR still falling it seems

[10:16] {Threei} AONE

[10:17] {nemo} gld near support

[10:17] {dino} kr=krash

[10:18] {Threei} Long Setup: RIMM .60 break

[10:18] {Moose} KR almost touched its daily low back in 03/09/09

[10:19] {Threei} if stays above .50

[10:20] {dino} i like it long

[10:20] {dino} mtn hl l .25

[10:20] {BillyD} out RIMM ty

[10:20] {Threei} over 1:1

[10:20] {Moose} in/out

[10:20] {dino} stop .96

[10:20] {Threei} easy one

[10:20] {Moose} hmmm

[10:21] {dino} scanners solid green

[10:21] {BillyD} CAAS back Vad

[10:22] {dino} kr hl l .65, stop .36

[10:22] {strider} out RIMM, avg. .70

[10:22] {Threei} can't stomach it billy

[10:22] {Threei} spread, thinness

[10:22] {magoo} sad when all we can get with RIMM is measly dime imo

[10:22] {Threei} (US) Reportedly Pres Obama to call for tax cuts and elemination of capital gains taxes on small business for one year

[10:23] {dino} rimm sucks

[10:23] {BillyD} lol

[10:23] {magoo} vads call

[10:23] {Threei} sheesh, just buy AAPL

[10:23] {dino} wow obama may finally get something

[10:23] {magoo} sensitive there boss?

[10:24] {dino} so if that would work, why ever have cap. gains tax?

[10:24] {Threei} I take offense on RIMM's part

[10:24] {nemo} gotta' soak the rich

[10:24] {Threei} poor bastard isn't to blame for market suckiness

[10:24] {nemo} that's anybody making over 40k a year, btw

[10:24] {dino} fear the reaper (destryer0

[10:24] {nemo} BOC

[10:25] {strider} BAC?

[10:25] {Threei} dunno dino... evil is in details

[10:25] {nemo} no in reply to Dino's reaper comment

[10:25] {Threei} I am yet to hear the proposxal before I get any optimistic

[10:26] {Les} wfc .25 b/d?

[10:26] {Threei} this is typical "let's solve our problems by extraction money from rich" administration

[10:26] {dino} ironic tho, he is admitting that lower taxes should get things moving

[10:26] {nemo} yeah, because a hiring tax credit is useless if you have no profits

[10:26] {Threei} starts looking like that Les

[10:27] {Threei} but the thing about WFC is,

[10:27] {Threei} it largely moves with market, gioving some divergincies here and there,

[10:27] {dino} i froze mtn when i took it

[10:27] {Threei} and while those divergencies hint olf likely direction

[10:27] {dino} kr too

[10:27] {Threei} it still needs market to lead

[10:28] {Threei} so, my thought is,

[10:28] {Threei} return to the idea of shorting it later in the day

[10:28] {Threei} when/if markert starts its late decsent

[10:28] {Threei} descent too

[10:29] {Threei} NANO honestly trying

[10:29] {strider} RIMM looking short.

[10:30] {dino} snhy spike, thin

[10:31] {Threei} Market Internals update at 10:30amET

[10:31] {Threei} - NYSE volume 250M shares, about 7% below its three-month average; decliners lead advancers by 3.7:1.

[10:31] {Threei} - NASDAQ volume 500M shares, about 7% below its three-month average; decliners lead advancers by 2.5:1.

[10:31] {Threei} - VIX index +5.3% to just over 23.00

[10:31] {BillyD} hard to tell if NANO has enough gas int the tank

[10:31] {Threei} volume is abot better today

[10:32] {Threei} a bit

[10:32] {Threei} it's one of those Billy...

[10:32] {strider} dino, KR

[10:32] {Threei} either you are have a feel for it

[10:32] {Threei} or you are not magoo

[10:33] {magoo} personally..so far its NOt showing momo

[10:33] {magoo} its moving up..but its not momo-ing

[10:33] {Threei} it's a bit peculiar one mags

[10:33] {Threei} you were on your hunting expedition when it had its momo

[10:33] {magoo} ya ya

[10:34] {Threei} yes... you missed two momos that week

[10:34] {Threei} SEED and NANO

[10:34] {dino} strider in it at .65

[10:35] {Threei} Freddie Mac: Home prices increased in Q3 by 1.1%, the second quarter in a row with rising prices (related FRE FNM XHB XLF )

[10:35] {ese} re reading dino's RIMM sucks comment......i'd like to whole heartedly endorse that statement.........mags a has tried to help me make money there......but it just can't be done

[10:35] {Les} finally a quick CAT scalp that worked. gotta fly. taxi time.

[10:35] {ese} see ya les

[10:35] {magoo} WAIT LES

[10:35] {strider} later Les

[10:36] {Threei} Les, duck

06[10:36] * magoo slaps Les around a bit with a large trout

[10:36] {Threei} told ya

[10:36] {ese} look out

[10:36] {dino} lol es, same problem w/it

[10:36] {Les} Les no more

[10:36] {Threei} lol

[10:36] {strider} now, even less

[10:36] {nemo} we won't have Les to kick around

[10:36] {Les} for an hour

[10:36] {Threei} we will but less

[10:36] {magoo} overall vad and i make good dough on RIMM..but a dime scalp on it is not the norm

[10:36] {dino} cya les

[10:36] {nemo} we'll talk about him while he's gone

[10:37] {Threei} mags et all, my view on RIMM:

[10:37] {magoo} now AIG..THAT SUX along with DRYS

[10:37] {Threei} it's a great trading vehicle,

[10:37] {Threei} but as everything in life, it goes through cycles

[10:37] {Threei} contraction and expansion

[10:37] {Threei} its tradeability is contracting right now,

[10:37] {Threei} it will be back at some point

[10:37] {dino} like drinkability

[10:38] {Threei} it's Ecclesiatus or how you spell him

[10:38] {Threei} time to trade Rimm

[10:38] {Threei} and time to drink

[10:38] {BillyD} time for everything

[10:38] {magoo} i like to drink while trading rimm

[10:39] {Threei} many stocks go through same thing

[10:39] {Threei} remember time when CAT was our daily bread and butter?

[10:39] {fernp} WFC dt?

[10:39] {Threei} or C&H fern

[10:39] {dino} everything, imo

[10:39] {ese} L fitb .39

[10:39] {Threei} yes

[10:39] {Threei} look at ese and FITB for illustration

[10:40] {Threei} remember when it was his ATM on daily basis?

[10:40] {Threei} then he didn't tough it for weeks if not months

[10:40] {Threei} not wets his toes in it again

[10:40] {nemo} he didn't what?

[10:40] {Threei} noqw

[10:40] {Threei} now

[10:40] {Threei} touch, nemo... gosh, get that dictionary already

[10:41] {Moose} Touch

[10:41] {Threei} or HIG

[10:41] {nemo} sorry, my bad

[10:41] {Threei} remember when this thing fed us 3-5 trades every day?

[10:41] {Moose} touch

[10:41] {dino} giddy-up

[10:41] {Threei} try to get something out of it now

[10:41] {Moose} heh

[10:42] {Threei} Long Setup: WFC .35 break if stays above .30

[10:42] {Threei} aggressive C&H entry

[10:42] {Threei} low risk

[10:42] {ese} assuming the qqqq's break above .65 fitb should then move

[10:42] {Threei} will work only if market stages breakout

[10:43] {Threei} but the size of the stoop ridiculous

[10:43] {Threei} stop too

[10:44] {Threei} VVYV...

[10:44] {Threei} VVTV

[10:44] {ese} the fills kill me .389882 for fitb

[10:44] {Threei} lol

[10:44] {BillyD} tough times ese

[10:45] {Moose} invalid

[10:45] {BillyD} every 1/1000000000 counts

[10:45] {Threei} market tripped onto something and invalidated WFC

[10:45] {ese} i'll say

[10:45] {Threei} lol billy

[10:45] {BillyD} RWC short off .25

[10:46] {BillyD} don't like the .15 stop though

[10:46] {dino} out kr .01, +.36

[10:46] {Moose} nice

[10:46] {strider} wtg, dino.

[10:46] {dino} ty

[10:46] {ese} let me just calculate a .86577324561 gain quickly fro from .389882......let me see now

[10:46] {dino} ty, you guys take it?

[10:47] {patience} meredith whitney scheduled for cnbc today...anybody know what time?

[10:47] {strider} not me. I had a premarket trade with it.

[10:47] {nemo} already on I think

[10:47] {nemo} says the consumer is screwed stocks will tank

[10:47] {magoo} was at 8 am

[10:47] {strider} MTN

[10:47] {patience} ty

[10:47] {dino} already talked 8ish

[10:47] {patience} sigh....was hoping for some volume from it....

[10:47] {dino} doom and gloom

[10:48] {patience} i'll take doom and gloom as long as it gives me some volume to trade

[10:48] {dino} mtn, out .55 +.30

[10:48] {nemo} yeah Elizabeth Warren seems to agree

[10:48] {nemo} http://www.ritholtz.com/blog/2009/12/elizabeth-warren-the-coming-collapse-of-the-middle-class/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheBigPicture+%28The+Big+Picture%29

[10:51] {ilana} any news on VVTV?

[10:52] {Moose} guess we shoulda shorted WFC

[10:53] {Threei} 08:00 AM [VVTV] Reports Q3 -$0.40 v -$0.62 y/y, R$119M v $125M y/y

[10:54] {dino} vvtv? no news i see.

[10:54] {dino} opps

[10:55] {Threei} Long Setup: GS .15 break smallish shares

[10:55] {Threei} stop under 162

[10:56] {fernp} stopped

[10:57] {ilana} shakeout today...

[10:57] {strider} stopped, -.20

[10:57] {ilana} did you enter before the trigger

[10:57] {magoo} some f'in xmas rally

[10:58] {magoo} everyday is a chore

[10:58] {Threei} what rally?

[10:58] {strider} Me? in .17, out .97

[10:58] {ilana} still valid?

[10:58] {Threei} this Christmas is rallyless

[10:59] {dino} the weather outside is frightful

[10:59] {BillyD} rofl

[10:59] {strider} but inside, vad is so delightful.

06[10:59] * nemo slaps dino around a bit with a large book of Xmas Carols

[10:59] {Threei} after dropping 50 cents, ilana? no way

06[10:59] * nemo slaps strider around a bit with a large bar of soap to clean his brown nose

[11:00] {dino} and since we've no place to go...

[11:00] {strider} GS blows GS blows GS blows

[11:00] {dino} lol

[11:00] {Threei} OK, you pick

[11:00] {BillyD} remember those days growing up in Chicago dino

[11:00] {nemo} careful, janitor will get upset

[11:01] {dino} sure bd, but i grew up in pennsylvania

[11:01] {strider} Hey I've made two good calls on KR today.

[11:01] {nemo} what

[11:01] {nemo} what's your point?

[11:01] {Threei} beautiful - see you all tomorrow, strider runs the show today

[11:01] {strider} 11:00] {&Threei} OK, you pick

[11:01] {nemo} oh

[11:02] {strider} Igotta leave.

[11:02] {Threei} you can't

[11:02] {dino} pru hl .00

[11:02] {BillyD} dino, isn't weather pretty much same

[11:02] {dino} stop .68

[11:02] {dino} yes

[11:02] {BillyD} kind of like it won't end

[11:03] {dino} gj strider

[11:03] {Threei} that was rude on GS part

[11:03] {fernp} very

[11:06] {BillyD} AIG short maybe off .50

[11:07] {Threei} if stays under .60

[11:07] {BillyD} yes

[11:07] {BillyD} see what you caused...hehe

[11:07] {Threei} lol

[11:07] {magoo} WOW FCX

[11:07] {magoo} we need to follow it more vad

[11:07] {Moose} yikes

[11:08] {Moose} bbl

[11:08] {nemo} mags. this is resistance at .50

[11:12] {Threei} 33% Say Government Should Hire Unemployed Americans

[11:12] {Threei} hire to do what?

[11:12] {Threei} and at whose expense?

[11:12] {nemo} collect pay

[11:14] {Threei} we may get this strange out-of-nowhere rally now

[11:15] {nemo} plenty of gap to make up

[11:15] {ilana} who should we rally on?

[11:16] {Threei} Santa Claus?

[11:16] {ilana} too much volume

[11:18] {strider} FCX nice consolidation

[11:18] {fernp} BRCM .80 break Vad?

[11:18] {Threei} if we get NASDAQ breazk, yes

[11:19] {dino} mtn

[11:20] {strider} CC in probress

[11:20] {strider} brogress, MTN

[11:20] {strider} jeez...progress

[11:20] {Threei} it sure is

[11:20] {strider} alternative spellings.

[11:21] {Threei} nah... I can't make mysel;f believe in rally

[11:21] {Threei} just shakeout for shorts, then plunge

[11:24] {Threei} guess who is on what

[11:24] {ilana} BRCM getting there

[11:24] {Threei} President Obama: Working with Congress to extend unemployment insurance and COBRA health insurance

[11:26] {Threei} Looking to cut capital gains tax to zero for one year, implement tax cuts for small businesses

[11:26] {Threei} - Reiterates committment to halve the budget deficit

[11:26] {Threei} - Plans to wind down TARP program

[11:26] {dino} sounds like supply side economics for a year

[11:26] {strider} AMZN pushing for daily high.

[11:27] {dino} laffer curve comeback

[11:27] {Threei} BRCM 1:1

[11:33] {Threei} NANO

[11:33] {Les} AWIAV?

[11:33] {Threei} not at the moe4mnt

[11:33] {Threei} little BRCM scalp

[11:34] {Les} long?

[11:34] {ilana} yes

[11:34] {Threei} see .80 break?

[11:35] {Threei} mags... see NANO?

[11:35] {Threei} this is how thing acted back then

[11:35] {Threei} sneaky

[11:37] {fernp} TEVA .60 breakdown, Vad?

[11:38] {Threei} a bit late...

[11:39] {magoo} yea vad..but its just a nice slow climber..hard to identify as momo

[11:39] {Threei} it changes

[11:39] {Threei} sits with no enthusiasm whatsoever

[11:39] {Threei} then suddenly explodes

[11:43] {Threei} lol... rally

[11:43] {Threei} but so meek

[11:44] {ilana} in TEVA .62

[11:44] {nemo} rimm hod 62.05, it's getting there

[11:44] {nemo} nice ilana

[11:44] {ilana} looked like .50 was strong support

[11:44] {nemo} well nice play, have no idea how nice you are

[11:45] {nemo} not saying your not nice

[11:45] {nemo} I'll stop while I'm way behind

06[11:45] * strider slaps nemo around a bit with a large foot in mouth

[11:45] {Threei} lol

[11:45] {larisa} lol

[11:45] {Threei} I was wondering

[11:45] {ilana} :-)

[11:46] {dino} toung tied nemo

[11:47] {nemo} no

[11:47] {nemo} frickin' akam

[11:47] {Threei} I didn't hear this just now on TV

[11:47] {Threei} no way

[11:47] {Threei} "We are taking responsibility for every dollar spent"

[11:47] {strider} cut deficit in half?

[11:48] {strider} then give half to west coast, and half to east coast.

[11:49] {Les} BS like that and the people still aren't on the street...

[11:49] {strider} wait...he's talking about 'ordinary folks'!

[11:49] {strider} that's US!

[11:49] {Les} when my boy speaks BS like that, he gets sent to his room

[11:50] {Threei} yes - every night he reads letters from us

[11:50] {BillyD} rofl

[11:51] {strider} Which letters do you send him, vad?

[11:51] {larisa} les and vad, let me gently remind you.. you do not live in US :)

[11:51] {Threei} and your point is?

[11:51] {larisa} sometimes i think you forget

[11:52] {patience} but larisa, if the u.s. doesn't do well, then canada does even worse

[11:52] {BillyD} Vad and Les are "armchair US citizens"

[11:52] {nemo} wannabees

[11:53] {Threei} popular saying here, Billy: US sneezes, Canada gets a pneumonia

[11:53] {magoo} i always wonered why vad was so pationate about us affairs

[11:53] {BillyD} very true vad

[11:54] {Threei} mostly because killing your dollar you kill my salary

[11:54] {larisa} I think we need to remove all borders and all become the citizens of the World

06[11:54] * nemo slaps larisa around a bit with a large trout

06[11:54] * nemo slaps larisa around a bit with a large trout

[11:54] {strider} Group Hug!

06[11:54] * nemo slaps larisa around a bit with a large trout

06[11:54] * nemo slaps larisa around a bit with a large trout

[11:54] {larisa} oops

[11:54] {Threei} sure but keep 95% of countries out of that world

06[11:54] * nemo slaps larisa around a bit with a large trout

06[11:54] * nemo slaps larisa around a bit with a large trout

[11:54] {Threei} I'll provide a list

[11:55] {Threei} oh, and if US sneezing causes pneumonia in Canada, imagine what happens here when US gets oneumonia {G}

[11:55] {ilana} larisa's got the point

[11:56] {strider} I hope3 you're checking it twice

[11:56] {ilana} and wether you're willing it or not, thats what happening

[11:56] {ilana} globalization

[11:56] {Threei} list strider?

[11:56] {ilana} "small village" world

[11:56] {strider} yes

[11:57] {Threei} actually I keep checking it, and it gets smaller and smaller with each next pass

[11:57] {strider} Be sure you find out who's naughty and nice.

06[11:57] * nemo slaps strider around a bit with a large dose of alzheimer drugs

[11:58] {strider} ntri upgrade

[11:59] {ese} sizzzzzzzzzzzzzz.........gazzzzzzzzzzerrrrrrrrrrrrrrr......................ah hem.......zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

[12:00] {Les} armchair whats?

[12:00] {Les} rest assured, Australian government need swiff kick up the bum in similar manner to US administration

[12:01] {ese} nodded off and almost fell out.......head snapped......have whiplash now

[12:01] {nemo} fcx interesting chart

[12:01] {Les} 77 b/d?

[12:02] {Threei} RIMM starts looking like preparing for a spike

[12:02] {nemo} I'm thinking that Les.

[12:03] {ese} Gary ya goof..........join the board!!!!!!!!. Sorry thats my usual one month reminder to my brother in toronto who reads vads board at the end of the day. Your cheap man Cheap!!!

[12:04] {ilana} does he trade too?

[12:04] {ese} Now will get the usual abusive day after phone call tomorow

[12:04] {ese} yes....

[12:04] {Threei} ok, RIMM is .80 break long for me

[12:05] {Threei} if stays above .70

[12:05] {Threei} aggressive entry

[12:05] {strider} long FCX .15

[12:05] {strider} stop .00

[12:06] {Threei} invalidated

[12:07] {ese} nice one ST

[12:07] {Threei} same setup, .70 and .60

[12:07] {ese} go fcx go

[12:07] {nemo} or short, break of .65

[12:08] {Threei} or that

[12:08] {nemo} oy vay

[12:08] {ese} oil of Ole what?

[12:08] {ese} Olay

[12:09] {nemo} polish up on your Yiddish ya damn dane

[12:09] {ese} ouch ....hit with the double "d"

[12:09] {nemo} ahhhhh...nevermind

[12:11] {strider} stop to b/e for me

[12:11] {ese} nice trade ST

[12:11] {strider} out....crap

[12:12] {strider} think I blew it.

[12:12] {ese} live and learn

[12:12] {ese} ya did it the safe way

[12:12] {strider} should have taken .29 when it was there.

[12:12] {nemo} sfy

[12:12] {nemo} swy

[12:13] {ese} sfy? swy? ou eh la meaning

[12:13] {strider} Gotta run guys...maybe be back for close.

[12:13] {ese} cya st

[12:13] {Les} ciao st

[12:13] {nemo} you said "safeway" which made me think of KR which made me think of swy

[12:13] {nemo} rimm

[12:14] {nemo} sorry

[12:14] {ese} ahhhhh

[12:14] {larisa} nemo, time for herbal tea, you are too tense :)

[12:14] {nemo} Q's look like either bounce or tumble

[12:14] {Threei} and don't hesitate to add a good dose of vodka in it

[12:14] {nemo} o.k.

[12:14] {nemo} what do you consider a reasonable dose?

[12:15] {ese} 6 oz's

[12:15] {Threei} I didn't say reasonable

[12:15] {Threei} I said good

[12:15] {nemo} that leaves a range

[12:16] {ese} 6oz's....enough for impact yet not enough to kill

[12:16] {nemo} DE testing resistance area on upward wedge

[12:17] {dino} pru stopped -.33

[12:18] {magoo} RIMM

[12:21] {Threei} EPA: Greenhouse gases pose health risk

[12:21] {Threei} ummm... you know which greenhouse gas reperesnts about 98% of them all?

[12:22] {Threei} anyone?

[12:22] {magoo} people

[12:22] {Les} nitrogen?

[12:22] {Threei} nope

[12:22] {magoo} dino appx 47% of all matural gas

[12:23] {Threei} lol

[12:23] {Threei} water vapor

[12:23] {BillyD} lol

[12:23] {Threei} over 98%

[12:23] {Threei} damned CO2 is less than 1%

[12:23] {Threei} so, two things

[12:24] {Threei} first, slightest natural vartiaon on water vapor will be bigger than whole aamount of CO2 in athmosphere

[12:24] {Threei} and second, saaince it's a healt risk, I fully expect EPA to fine water for vaporizing?

[12:26] {Threei} market fizzles out

[12:27] {Threei} out RIMM balance

[12:28] {Les} quick .08 short scalp on RIMM

[12:28] {Threei} USDA: Russia refuses pork shipments from five US plants (related SFD )

[12:28] {Les} ?

[12:28] {nemo} so, we were both right on rimm vad

[12:29] {Threei} everything is so narrow, no room for worthy trade

[12:29] {Les} fcx

[12:29] {Les} two way setup

[12:30] {Les} waiting for lod

[12:35] {magoo} FCX has a dollar range

[12:35] {ese} L fitb. avg .33

[12:35] {Threei} AMZN Hearing Piper making positive comments; Maintains Overweight rating, price target $163 (timing uncertain) (135.20, +0.99, 0.74%)

[12:38] {Threei} WFC, where to short you...

[12:42] {BillyD} big .55 NANO offer

[12:48] {dino} darn pru rinse

[12:53] {Threei} SATC

[12:53] {Threei} SatCon Technology Corp. Strength attributed to Thomas Weisel making positive comments (timing uncertain)

[12:53] {Threei} - analyst suggests SATC to get order for its inverters to be used in FSLR/Enbridge 60MW expansion at Sarnia.

[13:00] {nemo} anybody take nano?

[13:00] {BillyD} missed it...can't believe

[13:00] {nemo} me neither, looked awa

[13:00] {BillyD} last bit at .55 disappeared

[13:01] {Les} $ has returned to recent highs

[13:01] {Threei} sheesh... me too, got distratced by SATC

[13:01] {BillyD} I missed it inbetween hover modes on it

[13:01] {nemo} fcx again

[13:02] {ese} l fitb avg .32

[13:02] {magoo} fcx heck of a range

[13:03] {magoo} if vad would only follow it..ive been begging him..i'd give my left er um forget that :)

[13:04] {nemo} I'll cut it off for ya' mags

[13:04] {Threei} NANO wants 14

[13:18] {BillyD} RIMM .50 b/dn

[13:19] {Threei} if stays under .60?

[13:20] {BillyD} yes

[13:20] {BillyD} mkt help of course

[13:20] {magoo} i though nit looked like double bott

[13:21] {Threei} if holding .50 and breaks .60, then yes

[13:21] {BillyD} I'm just on the dark side magoo with shorting

[13:22] {magoo} i dont care about that

[13:24] {Threei} this is the most boring trading day in months

[13:24] {Les} no way

[13:24] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

[13:24] {Les} my first couple of weeks here were worst

[13:24] {Les} worse

[13:25] {BillyD} out RIMM

[13:25] {Threei} me too

[13:25] {nemo} watching cat approach .50

[13:25] {Threei} wfc

[13:25] {ese} so faa rathaa bad luck chaps with fitb. original plan was to buy 1k at .38 in case of a breat out then buy another quick 19k.....well i've 1k'd dn 3 times to avg out at .32 athen the plan was to hit it with a 17k buy if it showed momentum....not the worlds greates strategy seeing as how i'm dn about 4 to 5 hundred so far.....but anyway i have to go to teach

[13:26] {Threei} watching for that coveted short

[13:26] {ese} choir...see ya tomorrow

[13:26] {Threei} takee care ese

[13:27] {ese} see ya vad......

[13:27] {magoo} WAIT ESE

[13:27] {dino} cya es

06[13:27] * magoo slaps ese around a bit with a large trout

[13:27] {nemo} bye dude

[13:27] {ese} huh

[13:27] {ese} ya cya dude

[13:27] {ese} tks mags....needed that with this dumb plan....but ya never know

[13:28] {strider} Breaking news! Gatorade has nothing to do with recent events surrounding Tiger Woods.

[13:29] {Threei} but, do you know what happend on Virgin Islands after Tiger spent som vacation time there?

[13:29] {Threei} suggestion came in to rename them to The Islands

[13:29] {nemo} fewer virgins I would gues

[13:29] {magoo} he changed his name to CHEETAH?

[13:29] {dino} seems he likes to play other courses

[13:29] {BillyD} I really want AIG to b/dn .50 holding .60

[13:30] {BillyD} magoo & dino, lol

[13:30] {magoo} c'mon...tiger..cheetah..cat family

[13:30] {nemo} rotfl

[13:30] {BillyD} we know

[13:32] {strider} I am back from the ceremonial doing of stuff.

[13:33] {nemo} wow...we really needed to know that...you and Les brothers?

[13:33] {nemo} tht reminds me...Les...you making dinner?

[13:33] {BillyD} ASIA

06[13:35] * strider slaps nemo around a bit with a large ceremonial turkey full of stuffing

06[13:35] * nemo slaps strider around a bit with a large ceremonial lasagna

06[13:36] * strider slaps nemo around a bit with a large ceremonial turkey full of `not-stuffing.

[13:36] {nemo} rimm .50 break above .45

[13:37] {nemo} ?

[13:37] {ilana} at lunchtime?? :-)

[13:37] {nemo} get a new clock ilana

[13:37] {strider} in walidated

[13:37] {nemo} that too

06[13:37] * Threei slaps around nemo with strifer and strider - with nemo

[13:38] {nemo} o great a frickin menage

[13:39] {ilana} i was concerned about you recently, now i'm all relieved - nemo is nemo

[13:39] {nemo} not to worry

[13:40] {nemo} But there is a question within

[13:40] {nemo} What is nemo?

[13:40] {nemo} a lost fish?

[13:40] {nemo} a crazy genius submarine captain?

[13:41] {nemo} the shadow warrior who blinded the cyclops?

[13:41] {nemo} just call me sybil

[13:41] {Threei} that question is not - cyclop's contender ne mo is

[13:41] {ilana} don't ever chose an nickname without knowing its meaning that's dangerous

[13:41] {nemo} It's greek for "no man"

[13:42] {strider} Is this something we need to know?

[13:42] {nemo} so rimm rinsed the stop

[13:42] {magoo} both plays worked willliam

[13:42] {nemo} I was soothing Ilana's concern

[13:43] {ilana} who's william?

[13:43] {nemo} but, I'll give you a touche on that one

[13:43] {nemo} will i am

[13:43] {ilana} real name?

[13:43] {nemo} yeah rimm rinsed the stop

[13:44] {Les} you're right vad. boring day.

[13:44] {strider} I went back and read yesterday afternoon's log, after leaving at lunch. It really does read like a bunch of psychotics jabbering.

[13:44] {Les} a circus is what I was thinking st

[13:45] {nemo} aig took viagra

[13:45] {strider} I was actually impressed by how many different trains of thought are being processed at once.

[13:45] {Threei} by whom?

[13:45] {strider} by all of us here.

[13:46] {strider} Or most of us.

[13:46] {Threei} wow... that's serious compliment

[13:46] {Les} trains of thought or strands or irrationality?

[13:46] {Threei} I mean... thoughts? processing?

[13:46] {Threei} wow

[13:46] {strider} It would have to be really confusing to a newbie, reading the log.

[13:46] {nemo} that leaves you out Vad

[13:46] {strider} Nonsensical, really.

[13:46] {Threei} totally nemo

[13:47] {nemo} akam had a big up and is now flat, could be jbe

[13:47] {strider} The really impressive thing is that there are actual trades going on in the midst of all the jabberwocky.

[13:47] {Threei} I start thinking no selloff today

[13:47] {nemo} rally

[13:48] {Threei} or nothing

[13:48] {nemo} yeah, well if Vad would go skype, it would get really interesting

[13:48] {Threei} but doesn't look like we get selling

[13:48] {nemo} so many accents

[13:48] {strider} uh-no.

[13:48] {Threei} no way

[13:48] {nemo} hehehehehe

[13:48] {Threei} that would be totally incomprehensible

[13:48] {Threei} all talking at once

[13:48] {Threei} and think of magoo

[13:48] {strider} You'd have to set a word limit per day.

[13:48] {Threei} how would he say gjtnsmsljmgoittsnrj

[13:49] {nemo} Well, wouldn't have to worry about editing the blog

[13:49] {strider} Nemo would run through his before market.

[13:49] {BillyD} lol

[13:49] {nemo} rotfl

[13:49] {nemo} fyvm strider

[13:49] {strider} ouch.

[13:49] {nemo} cat threatening again

[13:50] {nemo} oh...sorry, should have more respect for my elders

[13:50] {strider} We did it again...ilana left.

[13:50] {nemo} maybe she had to go to the bathroom, chill

[13:52] {nemo} if cat breaks support .50 drop to s3

[13:53] {strider} where is S3?

[13:54] {nemo} 56.00

[13:54] {strider} thx. Found it. Had to go to hourly chart to get it to show up.

[13:57] {strider} short small at .54

[13:57] {Threei} drg name: Doxorubicin Transdrug

[13:58] {Threei} never mind... sounds very funny for russian ear

[13:58] {nemo} careful on that volume strider

[13:59] {strider} didn't lift much

[13:59] {Threei} HOKU

[14:00] {Threei} Hoku Scientific Discloses entered Amendment No.3 to second amended supply agreement with Solarfun effective Dec 4 - filing (update)

[14:00] {Threei} - On November 15, 2009, we entered into Amendment No. 3 to Second Amended and Restated Supply Agreement with Solarfun, or Amendment No. 3, which became effective on December 4, 2009, the date when Solarfun paid us $8M of the $13M prepayment balance that was past due. Under Amendment No. 3, we agreed that Solarfun could pay us the $13M that was due in July through October 2009, in increments of $8M, which was paid on December 4, 2009, $4M to be paid in March 2010, and $1M to be paid when we commence the shipment of polysilicon to Solarfun.

[14:00] {Threei} - The balance of $5M that was payable in January 2010, is to be paid in equal monthly increments of $1M during each of the five subsequent months after the month of the first shipment. Solarfun retains the right to terminate the Supply Agreement if Hoku has not commenced shipments by June 30, 2010, and Hoku retains the right to terminate the Supply Agreement, and retain all prepayments received, if Solarfun fails to pay any of its future prepayments when due.

[14:03] {strider} in avg. .51

[14:04] {strider} stop above. 55 or .60?

[14:04] {nemo} scalping or daytrading

[14:05] {nemo} former and latter

[14:05] {strider} above .61

[14:05] {nemo} yes

[14:07] {strider} out

[14:07] {nemo} bastid

[14:07] {nemo} that second volume spike and the two hammers were the clue

[14:07] {dino} rino sm l .55 stop .19

[14:07] {strider} really came off the low

[14:07] {nemo} yeah....range day lotta' eyes on the level

[14:08] {dino} algt

[14:08] {Threei} NANO 14

[14:09] {dino} 10 min. up we go

[14:09] {Threei} 13:04] {Threei} NANO wants 14

[14:09] {Threei} and HOKU took huge wall at 3

[14:10] {Les} $ rocketing again

[14:11] {Threei} but look how market decoupled from it

[14:13] {nemo} akam broke too

[14:13] {Threei} gold is taking hit

[14:13] {dino} $ up, gold, oil, mkts down

[14:15] {magoo} u in either vad"

[14:15] {Threei} but look at the difference dino

[14:15] {Threei} as dollar climbs throughout the day, gold continues dropping

[14:15] {nemo} yeah, $ not up that much

[14:16] {Threei} oil is down but mostly stays put

[14:16] {nemo} gold is correcting

[14:16] {Threei} and market opened down but only climbed since then

[14:16] {nemo} it's been trending down slightly since noon

[14:17] {nemo} that's splitting the proverbial hair

[14:21] {Threei} wow

[14:22] {Threei} GLD

[14:22] {Threei} what the deuce

[14:22] {nemo} PPT

[14:22] {Threei} sigh

[14:22] {nemo} you asked

[14:23] {Threei} 60 cents in one bar

[14:23] {Threei} that's some smackdown

[14:23] {Les} broke support

[14:23] {patience} i have been short gold etf (hgd) all day, has been the longest, most boring trade until it made me some money :)

[14:24] {Les} patience in name and in virtue

[14:24] {patience} enough for lunch anyway

[14:24] {strider} long GLD .05

06[14:24] * Threei is gearing to meet patience for lunch

[14:24] {nemo} lucky her.................not

[14:25] {patience} only enough money for me vad....it has been as slow a trade as my other one today, hod, (short oil etf)

[14:26] {strider} out .15

[14:27] {Threei} oh come on, increase your shares

[14:27] {patience} big shares already

[14:28] {nemo} take the hint vad

[14:28] {Threei} nope

[14:28] {Threei} that;'s not my style

[14:28] {patience} tell you what vad

[14:28] {nemo} is your middle name "mule"

[14:28] {patience} you give the market a whack down, lunch is on me :)

[14:28] {Threei} no problem

[14:28] {patience} patience runs to start cooking the bacon

[14:30] {Les} CAT looking ready to drop

[14:32] {strider} It's looked that way before. :)

[14:32] {nemo} got a tight range in fcx vad

[14:33] {BillyD} CAT is better short on bounce imo

[14:33] {Threei} I think so too

[14:33] {nemo} I was thinking long on fcx

[14:33] {strider} bounce to where/?

[14:33] {nemo} about here

[14:34] {BillyD} over .60 imo

[14:34] {BillyD} on a mkt spike

[14:34] {strider} gld BEAR FLAG

[14:34] {patience} should have shorted gold stocks not the etf

[14:36] {Threei} here goes CAT

[14:38] {patience} ok vad, i can buy you a burger now

[14:38] {Threei} (US) Senate Majority Leader Reid: Senate may be able to pass healthcare legislation by the end of 2009 (related IYH )

[14:39] {Threei} burger eh... let me push it a bit more and upgrade to lobster

[14:39] {Les} yeh what the? I wanna see more god like touch on the markets before congratulating vad

[14:39] {patience} ok, add in some margin calls as well please

[14:40] {Threei} Short Setup: GLD .95 half lot

[14:40] {Threei} if stays under 111.10

[14:41] {strider} in

[14:41] {Threei} 1:1

[14:41] {Threei} 1.5:1

[14:41] {BillyD} out

[14:42] {strider} out and out.

[14:42] {jmb} Thanks Vad

[14:42] {Threei} welcome guy

[14:42] {BillyD} was thinking same short on your mention

[14:42] {Threei} Les, does it count for a lobster?

[14:42] {strider} yea. +.15 +.25

[14:42] {Threei} guy = guys

[14:42] {Threei} lol

[14:44] {patience} well, folks aren't exactly rushing for the exits in gold here. vad, did you use your 2 x 4?

[14:44] {Threei} 2x2 actually

[14:44] {patience} thought so

[14:45] {strider} YOu guys boarding the ark?

[14:47] {strider} long AMZN .72, stop .62

[14:47] {patience} is it options ecpiry next week?

[14:48] {strider} whoops.

[14:48] {strider} stop .-23

[14:48] {strider} seemed like a good idea at the time.

06[14:49] * strider slaps strider around a bit with a large bag of good ideas.

[14:49] {nemo} too bad it's empty

[14:49] {BillyD} you are vintage today nemo

[14:50] {strider} no sh"t sherlock

[14:50] {BillyD} not missing a beat

[14:50] {strider} that was one of my idiotic 'looks like it's going up' plays.

[14:51] {Les} sorry, watching my CAT short. All will be will if CAT makes .26 Vad. then I'll buy champagne

[14:51] {nemo} this is turning into those bleeding downward days, where there aren't alot of good short entries

[14:51] {Threei} it's just way too narrow nemo

[14:51] {Threei} not a real selloff

[14:52] {nemo} yeah

[14:52] {nemo} oh, maybe we shouldn't speak too soon

[14:52] {Threei} look at NQ, it;'s barely 12 points off day's high

[14:52] {Threei} GLD is the best short so far

[14:52] {Threei} WFC hasn't even lost that 26

[14:54] {Les} out CAT .26, +.20

[14:54] {Threei} nice

[14:54] {BillyD} gj les

[14:54] {Threei} now I have l,obster AND champagne

[14:54] {Threei} lunch start looking pretty darn good

[14:56] {patience} excuse me....what about my lobster lunch you're buying

[14:56] {Threei} I am buying?

[14:56] {Threei} hmmm

[14:57] {Les} have to make it Australian champagne Vad. French Euro cuts into my profits

[14:57] {Threei} I must have missed something

[14:57] {patience} just practising my re-writing of history

[14:57] {Threei} ahhh

[14:57] {Threei} no chance to beat russians at that

[14:57] {Threei} USSR was called "the country with unpredictable past" not for nothing

[14:58] {Threei} bounce is coming, GLD

[14:59] {Threei} .56 long if holding .45

[15:02] {Threei} 1 cent to 1:1?

[15:02] {Threei} come on

[15:02] {Threei} stop to under .50

[15:03] {Threei} not going to lose on it more than a fe cents

[15:03] {Threei} few

[15:03] {patience} out hgd, don't want to be greedy

[15:05] {Threei} les, you covered CAT 1 cent above low

[15:05] {Les} saw that

[15:05] {Threei} not bad

[15:05] {Les} was watching level 2

[15:05] {Threei} wow

[15:05] {BillyD} no luv

[15:05] {Threei} bids get seriously pulled from under GLD today

[15:07] {Threei} no hatred to it today, worked fine for us... just too bad we haven't used to it behaving, so didn't stay in short for longer

[15:09] {strider} GLD support at .14

[15:09] {strider} nemo's kind of support.

[15:11] {strider} long over .40, vad?

[15:11] {Threei} doesn't look right

[15:12] {Threei} another leg down is more likely

[15:12] {nemo} short into .45

[15:15] {Les} short gld. 40

[15:15] {Les} out +.10

[15:15] {Threei} why not

[15:15] {Threei} sounds like a good day Les

[15:16] {Les} not green, but getting technique down pat

[15:16] {Les} slowly

[15:16] {strider} Are you on Laser now, Les?

[15:17] {Les} IB

[15:17] {strider} k

[15:17] {Les} but only paper

[15:17] {nemo} you be what?

[15:17] {Les} kicking you

[15:18] {nemo} vad....do the honors

[15:18] {Les} ;)

[15:18] {Threei} nah... I practice being gentle today

[15:18] {nemo} leavin' me twistin' here vad

[15:18] {strider} I wouldn't bet this one either way

[15:19] {dino} in my best swiper voice; "awwwwww mannnnn" only on trade this afternoon. could have went home at 11:00 am

[15:19] {strider} who or what is swiper?

[15:20] {dino} kids' cartoon, think it was dora the explorer

[15:20] {Les} lol yeh I remember hiim

[15:21] {nemo} Well, then there was Glum on Gulliver's Travels, "We're doomed for sure."

[15:21] {dino} a bad racoon i believe

[15:21] {nemo} rimm wedge

[15:21] {Les} AONE b/d on .10 trigger?

[15:22] {dino} i typed it because, afternoons used to be my most profittable time of day, as i start slow

[15:22] {strider} dino, that's cause you get here 2 minutes before the bell} :)

[15:22] {nemo} nice one

[15:22] {Threei} well

[15:22] {Threei} chart wise yes

[15:23] {Les} vol. sucks

[15:23] {Threei} but volatility can be horrifying on AONE

[15:23] {dino} actually i'm in at 9:00 am, just doing my scanner and news rounds first

[15:23] {Les} k

[15:23] {strider} Well, excuuuuuuuuuuuuuuse me.

[15:23] {dino} nope

[15:23] {dino} :)

[15:23] {strider} aw c'mon.

[15:24] {dino} you guys are simply last on my to do list

[15:24] {strider} I figgered.

[15:24] {larisa} lol

[15:24] {BillyD} rofl

[15:24] {nemo} frig' watching you guys go back and forth missed .30 break fcx

[15:24] {Les} lol

[15:25] {nemo} oh and rimm broke the wedge

[15:26] {Les} ok ca suffit pour moi aujourd hui. A demain

[15:27] {nemo} wife's callin' huh?

[15:27] {Les} nah sleep calling. Mrs can wait

[15:31] {dino} all i had to do was hold meli, mtn and would've had awesome day, scalpers regrets

[15:31] {larisa} was just thinking about you and MTN :)

[15:31] {Threei} well, you know what happens when you decide to hold them

[15:33] {dino} ftbkd

[15:33] {Threei} ty dino but we need username too

[15:33] {dino} lol larisa, did you see me knock my head against the wall

[15:33] {larisa} yes :)

[15:37] {Threei} so far, no sel,loff, no rally... sideays action and incredibly boring at that

[15:37] {nemo} gap down day

[15:37] {Threei} if not for that GLD short, I wouldn't be able to explain why I bothered to wake up today

[15:38] {BillyD} AIG is strong

[15:38] {strider} AMZN is getting ready to do something....no idea what.

[15:38] {nemo} siting right on yesterday's close

[15:43] {Threei} look at AET guys

[15:43] {nemo} what specifically?

[15:43] {Threei} a lo of talk about public option getting killed in Senate today

[15:47] {Threei} maybe a quick closing play on .50 breakout when overnight gamblers decide to take AET home for a gaop if that's what happens in Senate

[15:48] {strider} stop?

[15:49] {Threei} .40 is nearest support

[15:49] {dino} talk of increasing medicare to 50 years instead of 65, aet and wlp, hum all sell med supps

[15:49] {Threei} but that close to day's end may have to cloe the play on time

[15:49] {nemo} fcx finishing near low

[15:49] {Threei} 55 dino

[15:50] {dino} ironically that would be the easiest plan, covers basic health, if mor desired, purchase supss. altho medicare and medicaid are basically broke too

[15:50] {dino} my typing stinks

[15:50] {nemo} all there going to do is put a big tax increase in, setup huge deductibles and cover nothing

[15:50] {dino} unh too

[15:51] {dino} but my bet is nothing gets passed. what good is it if nobody can pay w/o jobs. congress finally seeing that

[15:52] {BillyD} focus needs to be supplying goods globally

[15:53] {nemo} fcx selling off

[15:53] {dino} nemo, imo catastophic plans would work. look at the heath msa's they make people think twice before running to doctors.

[15:53] {Threei} no attempt to break, AET

[15:53] {Threei} but as this battle draws th resolution, this is a stock to wtch

[15:59] {dino} out rino .31 -.24

[15:59] {Threei} kay guys

[16:00] {Threei} really boring day

[16:00] {strider} ywn

[16:00] {strider} yawn

[16:00] {Threei} have a nice evening hopefully more eventful

[16:00] {Threei} see you tomorrow

[16:00] {larisa} bye :)

[16:00] {strider} We're counting on some excitement from you tomorrow.

[16:00] {fernp} good evening everybody

[16:00] {patience} was a profitable day, who's complaining :)

[16:00] {strider} I'm down 5 bucks.

[16:01] {fernp} 30 bucks here, strider

[16:01] {strider} not so bad, considering my goofy amzn play.

[16:01] {fernp} i will survive

[16:01] {larisa} what did you do with AMZN strider?

[16:01] {strider} You're not gonna sing, are you fern?}

[16:01] {fernp} no, lol

[16:01] {strider} Just a rather arbitrary 'looks like it's going up' trade.

[16:01] {BillyD} Take care everyone, have a nice holidays

[16:02] {strider} Holiday?

[16:02] {strider} what holiday?

[16:02] {BillyD} no, i won't be in room for holidays

[16:02] {strider} ah...you're gone after today?

[16:02] {BillyD} wanted to wish happy holidays

[16:02] {strider} same to you....

[16:03] {BillyD} yes, I come and go from time to time

[16:03] {dino} up but light

[16:03] {larisa} bye Billy, happy holidays :)

[16:03] {BillyD} larisa :)

[16:03] {strider} up is good. For me right now, flat is good also.

[16:04] {strider} Still up for this week, though.

[16:04] {strider} See you all tomorrow.

[16:04] {dino} gj. flat or up is good day

[16:04] {strider} yeah.