Feb 02 2010
Fair day with a few bigger trades working, some scalps and a few stops. Activity is higher, and trades come in all colors, sectors and directions. RIMM, X, TM, QID, GLD, RCL, ZION - all flavors are there.
Session Time: Tue Feb 02 00:00:00 2010
[08:00] {Les} GM :D
[08:00] {Les} PCX. interesting on the daily chart, yesterday and pre market
[08:18] {Threei} ACOR JP Morgan adds to U.S. Analyst Focus List; Reiterates Overweight rating, price target $40
[08:18] {Threei} - Firm believes ACOR shares are well positioned for an upside launch.
[08:23] {Les} SU falling premarket. looks like db on hourly chart or bounce before next leg down. earnings have slipped
[08:24] {Threei} SU Reports Q4 C$0.29 v C$0.42e; oil sands production avg 278.9Kbpd v 243.8Kbpd y/y
[08:24] {Threei} - Guides FY10 Oil Production at 295K to 305K bpd
[08:25] {Les} PCX did nicely however. Will be looking for continued uptrend today
[08:27] {Threei} IVAN First Well in Ecuador Reaches Planned Total Depth, Testing Program Commences
[08:27] {Threei} RCL Wells Fargo raises FY10 EPS forecast to $2.00 from $1.58
[08:27] {Threei} - Estimates FY11 at $2.95
[08:30] {Threei} MNKD Wells Fargo lowers FY10 EPS estimates to -$0.01 from $0.46
[08:32] {Les} MNKD bouncing off $10 support. could be ready for b/d today
[08:59] {i2romantis} gm all
[08:59] {nemo} haroo
[08:59] {Threei} i2r :)
[08:59] {i2romantis} 3i:)
[09:01] {Les} hi Nemo, i2
[09:02] {nemo} haroo
[09:02] {Les} belt up ya bloody sheila
[09:03] {Les} sounds like call of a moose... harooo
[09:03] {nemo} you've obviously not been around moose
[09:04] {fernp} Good morning everybody
[09:04] {ese} good morning
[09:04] {Threei} fern, ese :)
[09:04] {Les} fern, ese
[09:05] {ese} les
[09:05] {ese} fern
[09:06] {i2romantis} les, ese, fernp, nemo
[09:06] {Les} Vad, I'm watching your scalping video again
[09:06] {i2romantis} that video should be taught in schools :)
[09:06] {Les} what importance do you place on bollinger bands?
[09:07] {Threei} general feeling of where the stock is in terms of volatility
[09:07] {Threei} tightening bends vs broadening, price nearing/piercing the band
[09:07] {Les} ok
[09:10] {Threei} ese, look dcc please
[09:17] {larisa} gm :)
[09:17] {Threei} larisa :)
[09:17] {nemo} lari :)
[09:17] {Threei} (US) DOE Nuclear Regulatory Commission provides final staff guidance for review of new saftey reports in regards to new nuclear power plants
[09:17] {larisa} vad, nemo :)
[09:18] {Threei} are we getting ready to nuclear resurrection?
[09:20] {Les} $50B in federal loan guarantees suggest yes
[09:20] {Les} I believe cost overruns are such that massive taxpayer support will be required
[09:21] {Les} taxpayer always pays
[09:23] {dino} gm
[09:23] {Threei} dino :)
[09:23] {Les} hey dino
[09:24] {Les} Vad what's on your watch list?
[09:24] {dino} :)
[09:24] {Threei} not much Les
[09:24] {Threei} morning is non-indicative so far
[09:24] {Threei} want to see if IVAN has gas
[09:24] {Threei} and waiting for the scanner to spit something out
[09:26] {lasertrev} morning
[09:26] {Threei} trev :)
[09:26] {dino} lxk, cmi, bks
[09:27] {Threei} AA pullback after the open would be of interest
[09:27] {Threei} X roo
[09:27] {Threei} tpoo
[09:27] {Threei} too
[09:27] {Threei} there
[09:30] {nemo} fcx support at .20
[09:30] {Les} ACOR has gapped up to new support level
[09:31] {Threei} crap, X was too fast to aslert
[09:31] {Threei} support?
[09:31] {Threei} ACOR?
[09:31] {Les} pivot point
[09:31] {nemo} fcx did a support bounce also
[09:32] {nemo} market pulling back a bit
[09:32] {Threei} VNDA Madison Williams Initiates VNDA with Buy, price target: $19
[09:33] {Les} pcx might be a reversal
[09:34] {Les} ACOR
[09:34] {Threei} Long Setup: X .50 break half lot
[09:34] {nemo} oops
[09:34] {Threei} stop .35
[09:34] {nemo} too fast
[09:34] {fernp} missed
[09:34] {nemo} nice call though
[09:34] {Threei} well above 1:1
[09:35] {Les} aa?
[09:35] {Threei} didn't get even close to support levels I'd be jazzed about
[09:36] {Les} small bounce pcx. new b/d coming?
[09:36] {Les} .60?
[09:37] {Les} too late
[09:37] {Les} aa .73 b/d?
[09:38] {Threei} better look for aggressive entry if ou weant to shart it
[09:38] {Threei} I am not looking for short on it
[09:38] {Les} ok
[09:39] {Threei} Long Setup: ZION .10 break
[09:39] {Threei} invalidated
[09:40] {nemo} amzn dumped again
[09:42] {Les} s mnkd small shares .54. stop hod
[09:42] {Threei} Short Setup: GLD .75 half lot
[09:42] {Threei} if stays below .85
[09:45] {Threei} no go
[09:45] {fernp} yeah
[09:45] {Threei} hit almost 1:1 too quickly
[09:46] {nemo} 1:1 was the 200 ma
[09:46] {billyc} gm all happy Tuesday
[09:46] {Threei} billy :)
[09:47] {Les} hey billy
[09:47] {Les} PCX 16 b/d?
[09:48] {Les} with a little consolidation
[09:48] {Les} stop too large now
[09:50] {Threei} US) Preview: Dec Pending Home Sales due out at 10:00ET
[09:50] {Threei} **consensus expectation (m/m): +1.0%e v -16% prior
[09:50] {Threei} (US) White House Advisor Volker: Hedge funds should be allowed to make profits and fail, defends administration plan to limit proprietary trading at banks
[09:51] {dino} shocking, "allowed" to make profits
[09:52] {Threei} lol
[09:52] {fernp} DOW, Vad?
[09:53] {Threei} can't tell which way
[09:53] {fernp} ok
[09:53] {Threei} Long Setup: X .10 break
[09:53] {Threei} .95 stop
[09:54] {Threei} grr
[09:54] {nemo} fcx approaching db
[09:55] {i2romantis} COCO
[09:56] {Threei} IVAN 62 weeks high
[09:57] {dino} neu drop
[09:57] {Threei} ese, keep an eye on it
[09:57] {Threei} your kind
[09:57] {dino} crm too
[09:57] {Les} out MNKD +.20
[09:58] {ese} will do
[09:58] {ese} tks
[09:58] {dino} gj les
[09:59] {ese} sorry vad ivan or X
[09:59] {nemo} fcx .36 is 200 ma for bounce or consolidation for short
[09:59] {Les} leaving money on the table, but such is life. ty
[09:59] {Threei} IVAN ese
[09:59] {ese} tks
[10:00] {Threei} *(US) DEC PENDING HOME SALES (M/M): 1.0% V +1.0%E; (Y/Y): 10.5% V +19.3% PRIOR
[10:00] {Threei} (US) Treasury's Geithner: Unchecked deficits threaten US prosperity (related EUR/USD TLT SHY )
[10:00] {Threei} wow, really?
[10:00] {nemo} market happy it met estimates
[10:01] {Threei} X nears double bottom level
[10:01] {ese} don't look happy to me
[10:03] {Threei} Long Setup: X .30 break
[10:03] {Threei} invalidated
[10:04] {nemo} amzn headed for retest of yesterday low
[10:04] {Les} RCL 27 b/o? showing strength against market
[10:05] {Threei} Long Setup: X .10 break
[10:05] {nemo} missed
[10:05] {fernp} here too
[10:06] {Threei} RCL yes
[10:06] {Threei} 27 break worth trying
[10:08] {Les} MNKD trying to get back into the game
[10:09] {Threei} GLD...
[10:09] {dino} clw
[10:09] {Threei} looks like short asgain but seriously, will this one ever behave?
[10:09] {nemo} fcx range tightened up could o either way
[10:09] {Threei} inverted C&H
[10:10] {Les} SLW showing similar behaviour
[10:10] {dino} sm s clw .48
[10:11] {Les} .90 b/d in slw would be interesting
[10:11] {Threei} here comes GLD breeakdown
[10:12] {Threei} I don't think I've ever seen a stock so obviously preesenting short opportunities and so hard to nail down as a short
[10:12] {Les} s slw .88 small shares
[10:13] {Les} 1:1 RCL out ty
[10:13] {Threei} good one
[10:13] {Threei} clean setup
[10:13] {fernp} out too. ty Les
[10:13] {Les} yeh gotta stop thinking like it ain't going to work and go with the chart and setup
[10:14] {Les} was thinking again too much yesterday
[10:14] {Threei} there you go
[10:14] {Threei} it takes some serious thinking to realize that thinking is not needed
[10:14] {ese} L aone .51
[10:15] {Threei} what the deuce?
[10:16] {ese} stop .40
[10:16] {dino} clw cov/stopped -.33
[10:17] {ese} that was close
[10:18] {Threei} grrr...missed that double bottom on X
[10:18] {ese} don't try this at home
[10:18] {ese} git
[10:22] {ese} nawwwwww out aone .44 -.07
[10:22] {ese} little too much o a gamble
[10:22] {Threei} a bit, yeah
[10:23] {Threei} AONE is not a good breakout stock
[10:23] {ese} wasn't lookin like......had .11 there and should ave taken it
[10:25] {Threei} wow RCL
[10:26] {Les} i believe the term is scalpers regret
[10:28] {Les} slw .05 b/o?
[10:28] {Threei} I doubt it
[10:28] {Les} k
[10:29] {Threei} DRIV...
[10:29] {dino} wow clw
[10:29] {dino} jst too
[10:30] {Threei} nah, never mind DRIV
[10:33] {Threei} Preview: Jan US Vehicle Sales numbers expected throughout the day from major auto makers
[10:33] {Threei} **consensus estimates y/y:
[10:33] {Threei} (Adj for fewer selling days) (Unadjusted)
[10:33] {Threei} - Ford (Noon ET): +44% +33%
[10:33] {Threei} - GM (1:45pmET): +18% +9%
[10:33] {Threei} - Chrysler: +15% +6%
[10:33] {Threei} - Toyota: -5% -12%
[10:33] {Threei} - Honda: +11% +3%
[10:33] {Threei} - Nissan: +23% +14%
[10:37] {Threei} Short Setup: X .90 break
[10:37] {Threei} if stays under 48
[10:38] {Threei} Long Setup: QID .85 break
[10:39] {Threei} X 1:1, cover half
[10:39] {Threei} can do more
[10:39] {Les} rats. all out. ty
[10:39] {Threei} no worry
[10:39] {Threei} volatility is big, can as well stay safe and take profit
[10:39] {Threei} personal choice
[10:40] {Threei} 1:2, 1/4 more cover
[10:40] {Threei} out in full
[10:40] {Threei} +.28
[10:41] {larisa} gj
[10:41] {Threei} out in fullty
[10:41] {Threei} QID 1:1
[10:43] {Threei} out QID
[10:44] {Threei} my working assumption at this point is, one more atempot at the highs and then selling
[10:45] {ese} l holx .50
[10:46] {ese} maybe should have waited for .51 but i'll give it a shot....were in that mode today
[10:46] {Threei} Technical Analysts at UBS see makets moving towards an oversold bounce; Advocate buying Gold
[10:46] {Threei} - See most short-term momentum signals pointing to an oversold bounce
[10:46] {Threei} - Maintain expectation that upward move is seen in first half of Feb
[10:46] {Threei} - See limit to short term pop as 1120
[10:46] {Threei} - Medium term view is that current downard trend is the first leg of major tactical correction
[10:46] {Threei} - Medium term low indicator remains 1040
[10:48] {Threei} wtg ese
[10:48] {Threei} right before ewxplosion
[10:49] {ese} tks
[10:49] {Les} what, you say they're selling that advise just before explosion?
[10:49] {ese} out holx .61 +.11 4k of it ....clasic from the scalp trading video
[10:50] {Threei} Les?
[10:50] {Les} UBS
[10:50] {Les} you said "right before explosion"
[10:50] {Threei} I commented on ese's entry
[10:50] {Les} ah ok
[10:51] {Threei} ese, look dcc please
[10:51] {ese} missed ivan though
[10:52] {nemo} gld interesting formation
[10:56] {Les} ACOR wants to b/o at some point
[10:57] {nemo} fcx db
[10:59] {nemo} may be inverse H&S forming on RIMM
[11:01] {Threei} GLD looks breakdownish to me
[11:01] {Threei} (again)
[11:02] {nemo} support pretty close though
[11:04] {ese} L cien .18 sorry was dcc with vad forgot to post
[11:04] {fernp} MPEL, Vad. Any read?
[11:05] {ese} git
[11:07] {Threei} not really fern
[11:10] {dino} risky, sm neu ave .70 l
[11:10] {Les} l acor .76 small shares. stop .69
[11:13] {Les} MNKD .30 b/d
[11:13] {ese} my quotes have stopped ....whats goin on with cien
[11:13] {Les} s mnkd .29 stop .45
[11:14] {Threei} 13.15 x .16 CIEN
[11:14] {ese} tks
[11:15] {ese} ok back tks
[11:19] {ese} another nice move holx
[11:19] {Threei} so far working scenario is working
[11:19] {nemo} coma
[11:20] {Threei} slow slide
[11:20] {nemo} market going sideways
[11:21] {Les} ah this must be the art of tao is it?
[11:21] {nemo} cat looking short, but probably on a pullback to .18
[11:21] {Les} debating who is right?
[11:21] {nemo} crissakes
[11:21] {nemo} I
[11:21] {nemo} I'm just looking at Qs and spy
[11:22] {ese} L itmn .02
[11:25] {Threei} don't see anyone debating anyhting
[11:26] {Threei} and exchange definitely has absolutely nothing to do what tao
[11:26] {Les} never mind. looked funny in my head
[11:26] {Les} a monty python thing
[11:26] {ese} out itmn .02 -.10
[11:27] {ese} that'll teach me.....i missed my exit when i typed in my entry
[11:27] {Threei} FCX short candidate
[11:27] {Threei} watching for setup
[11:30] {nemo} support so close at .90 oy
[11:31] {Threei} no setup yet anyway
[11:31] {fernp} out MPEL +10
[11:31] {fernp} .
[11:33] {Threei} Long Setup: X .60 break if stays above .60
[11:33] {Threei} above .50
[11:34] {ese} L jaso .93
[11:37] {nemo} guess we should have reset .55 if above .45
[11:37] {Threei} rather .50 if above .40
[11:38] {Threei} this is routine, I just can't possibly type each in type
[11:38] {Les} yeh i bought in my head at .50 to see if minor correction on your setup would work
[11:38] {Threei} that's how it's supposed to work
[11:38] {Les} 50 and 200ma sitting .45
[11:38] {Threei} cathcing the bottom of pullback
[11:39] {nemo} yeah, vad...I just ha a brainfart watching fcx too
[11:40] {Les} yeh modified your setups before but don't want to finish red today so stayed out
[11:40] {Les} acor popped. out +.10
[11:41] {Les} ACOR aiming for hod
[11:43] {Threei} (CH) IMF Chief Economist: CNY appreciation is not a panacea for the US or the world economy
[11:43] {Threei} - CNY appreciation makes sense in the reallocation of resources and preventing China's economy from overheating.
[11:46] {Threei} Long Setup: ABT .25 if stays above .15
[11:46] {Les} RCL doesn't wanna slow down
[11:51] {ese} aucccchhhhh du miya!!!! cien with drive me around the bend
[11:51] {nemo} back towards sanity?
[11:52] {nemo} RIMM steady buying
[11:52] {ese} ya
[11:54] {Les} ACOR .10 b/o? back in a moment
[11:54] {Threei} I don't see ACXOR as breakout stock
[11:55] {Threei} it can bring you profits if you are in at lower levels, but breaks on it more likely to deliver a lot of turture
[12:00] {Threei} Short Setup: RIMM .90
[12:00] {Threei} Market Internals update at 12:00pmET
[12:00] {Threei} - NYSE volume 435M shares, about 1% below its three-month average; advancers lead decliners by 2.3:1.
[12:00] {Threei} - NASDAQ volume 1.09B shares, about 15% above its three-month average; advancers lead decliners by 1.2:1.
[12:00] {Threei} - VIX index -3.5% to just over 21.50
[12:00] {Threei} F Reports Jan US Vehicle Sales +24.6% y/y (unadjusted) v +33%e(unadjusted); to 116K units
[12:01] {Threei} market weakens
[12:01] {Threei} let's scratch ABT
[12:03] {nemo} amzn looks breaky
[12:03] {nemo} breaky down
[12:04] {nemo} wow...only a .20 range
[12:05] {Threei} Short Setup: RIMM 65 break
[12:06] {Threei} stop above .10
[12:06] {Threei} not a scalp for me
[12:13] {Threei} want to cover first partion around .80 -.85
[12:14] {Threei} portion too
[12:14] {nemo} I was in .04 took half at .91
[12:16] {dino} tx sm l .00
[12:16] {Threei} 1.5:1
[12:17] {Threei} covering half
[12:17] {dino} gj rimm and thx
[12:17] {Threei} :)
[12:17] {Threei} want to cover the rest under .70
[12:17] {Les} ty. taken mine so I can cook dinner. later
[12:17] {nemo} How's it feel to want?
[12:18] {nemo} 200 ma at .69 vad
[12:18] {nemo} stop at .90?
[12:19] {Threei} no, too early to trail it that far
[12:19] {nemo} where then?
[12:19] {Threei} b/e still
[12:19] {nemo} where'd I get in?
[12:19] {Threei} market attacks high,
[12:19] {Threei} RIMM is solidly below
[12:20] {Threei} so I am trying to turn it into bigger winner
[12:20] {Threei} no, not your entry
[12:20] {Threei} trigger rather
[12:20] {Threei} 65
[12:20] {nemo} ty...moth brain
[12:22] {nemo} increasing volume on green
[12:30] {nemo} lunchtime death by a 1000 cuts
[12:30] {Threei} dies already RIMM
[12:30] {Threei} -s
[12:31] {Threei} that was command, not a statement
[12:31] {nemo} understood
[12:32] {nemo} 200 now at .75
[12:36] {Threei} that's an ionteresting headline:
[12:36] {Threei} EGO Hearing upgraded to Buy at UBS (timing uncertain)
[12:38] {nemo} takig last here vwap and 200 right below
[12:40] {Les} GLD looks b/downish .40
[12:41] {dino} volker, senate testimony at 2:30 fwiw. bank issues
[12:41] {nemo} Buffalo Springfield
[12:42] {Threei} who is watching Lost return today?
[12:42] {nemo} never liked that show...like the brunette though
[12:43] {Threei} come on... the best one is I don't now how long
[12:43] {Threei} even though it makes one (gasp) think
[12:43] {Threei} is = in
[12:43] {nemo} I don' watch it
[12:43] {Threei} oh... maybe that's why you don't like it...
[12:43] {nemo} I've watched it
[12:44] {larisa} me waiting for DVD and no avertisement, so do not spoil it for me :)
[12:44] {nemo} use torrents
[12:44] {Threei} wow, you serious?
[12:44] {Threei} that's embodiment of patience
[12:44] {Threei} it will be what, 3-4 months till DVD?
[12:44] {larisa} this is how i watch it for 5 years :)
[12:45] {nemo} joy g could be interesting break of .85, stop a little big
[12:46] {Les} GS looking weak today
[12:46] {Threei} good thing you warned larisa... I could inadvertently say something material
[12:47] {larisa} you've been warned :)
[12:47] {Threei} no worry, I wouldn;t do that on purpose
[12:47] {Threei} I am capoable of many nasty things but not this
[12:48] {nemo} x testing bottom of range
[12:49] {Les} Vad, FLS 96 b/d?
[12:50] {Threei} not sure
[12:52] {Threei} DIE RIMM!!!!
[12:53] {Threei} or as magoo would have put it,
[12:53] {Threei} DIE RIMM, DIIIIEEEEEEEEEE!!!!
[12:53] {patience} where is magoosky?
[12:53] {nemo} MAGOO RIP
[12:54] {Threei} now, this is hit on world's economy:
[12:54] {Threei} Democratic Republic of Congo reportedly bans exports from 16 companies
[12:54] {nemo} their chief export was aids
[12:54] {Threei} NSANY Reports Jan US Nissan/Infinity Vehicle sales y/y: +22% v +14%e (unadjusted); to 65.5K units
[12:54] {Threei} crrrrap
[12:55] {larisa} what, missed X bottom again ? :)
[12:55] {Threei} they are not likely to be very yeilding in price haggle, are they
[12:55] {nemo} nope
[12:56] {larisa} lol
[12:56] {Threei} especially wioth Toyota fiasco
[12:56] {nemo} joyg .85 break, stop under .75
[12:56] {nemo} crap
[12:56] {Threei} with car change in a couple weeks, not really good situation
[12:56] {nemo} lunchtime still
[12:58] {Threei} wow ACOR
[12:59] {nemo} damn, shot right through
[13:00] {nemo} piss me off
[13:09] {dino} scanners solid red
[13:09] {Threei} look at BEAV
[13:09] {Threei} on daily
[13:09] {Threei} what a candle
[13:10] {Threei} slmost bear suppository
[13:11] {dino} seems areo, machinery, electrical are it today
[13:13] {Threei} vodka too
[13:13] {Threei} look CEDC
[13:14] {Threei} acor
[13:22] {Les} x getting closer to 47 b/d
[13:25] {Threei} try to guess a mark-up on movie theater popcorn
[13:27] {Threei} anyone?
[13:27] {Threei} Long Setup: TM 78 break
[13:28] {Threei} if stays above .85
[13:30] {Threei} not a scalp for me
[13:30] {ese} du du du du...........just kinda waitin on cien and jaso....du du du du
[13:31] {Threei} hmmm... why is it not rhymed?
[13:31] {Threei} tren tren tren tren, kinda waitin' on CIEN... tso tso tso, just the same on JASO
[13:32] {ese} vad BABY !!!!!!!!! just rockin
06[13:32] * Threei is kicking TM in the rear bumper
[13:32] {ese} call my agent will ya......we talk about talkin........
[13:32] {Threei} come on TM{ where is that unbridled acceleration of yours everyone speaks of
[13:33] {Threei} 1"1
[13:33] {Threei} 1:1
[13:33] {ese} am expecting the nemo comeback............now!......................now!
[13:33] {ese} hmmmmmmmmmm
[13:34] {Threei} he is deeply in CEDC products by now I suspect
[13:34] {ese} lol
[13:36] {ese} one fights the "pull the trigger" temptation right now...........arrrrrrrggggghhhhhhh......phew my left hand just grabbed my right in the nick of time phewwww
[13:36] {ese} am expecting the nemo comeback............now!......................now!
[13:37] {ese} i think his forehead is lying on top of his computer keyboard right now......comatose
[13:38] {Threei} just how many times I told him to put some stiroform at the point on chin meeting the desk
[13:38] {ese} do you think it would bring this board to life if i told them I have 30k of cien right now.....what do think?
[13:39] {nemo} I think your meds need adjusting
[13:39] {ese} have been accumulating for the best part of the day still avg price is .18
[13:40] {ese} rotflol........NEEEEEEEEEEMOOOOOOOO!
[13:41] {nemo} feels like strong rally coming
[13:41] {Threei} half out TM
[13:42] {Threei} wow, just in time
[13:42] {Threei} seond half b/e
[13:42] {Threei} second too
[13:43] {dino} oooommmeeeennnn
[13:43] {nemo} wtf dino?
[13:44] {ese} good timing vad
[13:44] {dino} :)
[13:47] {dino} partial out neu .58, +.88
[13:49] {Threei} wtg
[13:49] {dino} ty, took almost all day
[13:49] {dino} tough to get out of
[13:55] {ese} gotta go teach choir....see ya later.
[14:05] {Threei} Larisa
[14:05] {Threei} why o why you forbid me to ask who is on TV...
[14:07] {larisa} you can ask on tuesdays
[14:08] {Threei} what's today?
[14:08] {larisa} sunday
[14:09] {nemo} it's between monday and wednesday
[14:09] {Threei} OK... will wait two days
[14:09] {larisa} lol
[14:09] {nemo} and he runs this operation
[14:09] {Threei} who said one must understand calendar to trasde
[14:09] {Threei} or to be able to tell time
[14:15] {nemo} Gawd I'm bored
[14:16] {nemo} x creeping bck to that low
[14:16] {nemo} back
[14:18] {dino} zzzzzzzzzzz
[14:23] {dino} edci
[14:25] {Les} SLW another lod candidate
[14:26] {dino} amsc?
[14:27] {Threei} strong bounce candidate IMO
[14:27] {Threei} I'd just like one little pullback
[14:27] {nemo} which stock 3i
[14:27] {Threei} 14:26] {dino} amsc?
[14:28] {nemo} o.k. already extended a tad
[14:28] {dino} yes, beats, raises and drops
[14:28] {Threei} hedre is poullback
[14:28] {nemo} criminy
[14:28] {nemo} with your typing skills, can you imagine if you were in charge of launching missiles...oy
[14:28] {dino} crikey
[14:29] {dino} 36.25 thinking
[14:29] {nemo} X has also been kissing the 200 ma. could have a decent move if it moves through on volume
[14:29] {dino} .16ish was prior
[14:29] {Threei} also new order announced the day before
[14:30] {Threei} no idea what the heck with AMSC
[14:30] {nemo} be lucky to get that dino
[14:30] {dino} perhaps .50 trig
[14:31] {dino} giddy-up, in sm
[14:31] {Threei} I took .45 dino
[14:31] {dino} you dog
[14:31] {Threei} this is ridiculous
[14:31] {dino} see nemo at .52
[14:32] {nemo} what's ridiculous
[14:32] {dino} i guess if it missed it would be up
[14:32] {Threei} this selloff
[14:32] {dino} noa spike
[14:33] {Les} what selloff?
[14:33] {Threei} lol
[14:33] {nemo} go back in your coma les
[14:33] {dino} i expected a bit more
[14:34] {Les} :/
[14:37] {nemo} s cat .54 stop .62
[14:38] {Threei} (US) Treasury's Wolin urges for new clear rules for financial industry
[14:38] {Threei} - Says commercial banks should be separated from proprietary trading. Banks should not own hedge funds or private equity
[14:38] {Threei} - Says financial firms should pay for the additional costs they imposed on the financial system
[14:38] {Threei} - Cites speculation on oil, gas and equity securities as examples of restriction
[14:38] {Threei} - Suggests that limits on prop trading should apply to all banking firms but should not require existing firms to divest operations
[14:40] {nemo} stopped
[14:42] {dino} fcn to .40
[14:42] {nemo} frickin rinsed
[14:43] {dino} but never do they mention that fnm, fre was the cause by easing loan requirements
[14:44] {Threei} I totally don't get it
[14:44] {Threei} this is glass steagal
[14:44] {Threei} reinstate it and be dione with it
[14:44] {Threei} what's tyhe frikin problem
[14:45] {nemo} good operational solutions are always trumped by political solutions
[14:45] {Les} a scalp of F? .32 b/d?
[14:46] {Threei} could be, with market drop
[14:46] {Threei} need good drop to produce anything worthy though
[14:47] {Les} could be coming now
[14:47] {Les} q's testing 200 ma support
[14:57] {Threei} (IA) Iran President Ahmadinejad: Prepared to send enriched uranium overseas in exchange for 20% enriched fuel
[14:57] {Threei} - Offers to exchange three US hikers being held by Iran for Iranians held in US.
[15:00] {dino} uthr
[15:02] {dino} amsc stop is .19, back in 10
[15:03] {dino} fcn to .45
[15:10] {dino} tex to b/e
[15:12] {nemo} had a bit of a gap up in x
[15:15] {dino} this rally starting to feel like the '09 ones
[15:16] {dino} 4-7% drops, then march up
[15:16] {Threei} X pullback under .80 should be interesting for long entry for closing rally
[15:17] {nemo} I'm not used to seeing gap ups on 1 minute-should have jumped on it
[15:18] {Threei} what do you mean by gap?
[15:18] {Les} and what do you make of fcx Vad? has it got some juice to go higher into closing?
[15:19] {nemo} on my chart it shows a .05 jump between 3:10 and 3:11
[15:19] {Threei} I think so, yes
[15:19] {Threei} but need a pullback too
[15:19] {Threei} oh, I see what you mean
[15:19] {Threei} not sure what gives
[15:21] {Threei} .80 was it
[15:21] {dino} fcn to .54, zzzzzzzzzzzzzz
[15:22] {Threei} FCX, as close to .50 as possible
[15:22] {Les} ty. was about to ask
[15:24] {dino} out fcn +.43
[15:25] {dino} amsc stopped -.31
[15:26] {Threei} in .51
[15:26] {Les} .55
[15:32] {Threei} TM US govt is reportedly considering a civil penalty over accelerator recall (related CTS )
[15:32] {Threei} I like the idea... let's penalize them for all they've got, and GM ijs a king again
[15:33] {nemo} amzn going to drop, or another bull flag
[15:33] {Les} I can see Larry Summer's telling the TM CEO "you'll never sell cars in this country again!"
[15:36] {Threei} considering this avalanche of bad news, plus humiliating report for Jan... maybe eod fdrop in TM
[15:36] {Threei} .60 break could be worth trying
[15:37] {Threei} .75 invalidates it
[15:37] {ese} hey gents ...made it back for the closing
[15:37] {Threei} and whgat do you know: we are here
[15:38] {Threei} unpleasant surprise, I know
[15:38] {ese} out cien .40 +.22
[15:38] {Threei} wtg
[15:38] {Threei} 40K?
[15:38] {ese} 35k
[15:38] {dino} clw
[15:39] {ese} had the stop loss in so was too worried
[15:40] {ese} wasn't
[15:40] {dino} gj
[15:40] {ese} tks dino
[15:41] {Threei} oh come on already FCX!
[15:41] {Threei} I don't want a few cents scvalp
[15:41] {Les} come one the market. talking about dragging its behind on the ground
[15:42] {Les} come on
[15:43] {ese} thats a new one vad....scvalp.......perfect
[15:43] {Threei} lol
[15:43] {Threei} OK... out FCX
[15:43] {Les} ditto
[15:44] {nemo} followed the market eqkzaktly
[15:46] {Threei} GILD... if market rally continues, this thing goes easily to 50
[15:46] {Threei} well, not today of course
[15:49] {dino} tex stopped flat
[15:50] {dino} wow amsc, will watch it tom\orrow
[15:50] {Threei} quite something eh?
[15:51] {nemo} x finishing near the high
[15:52] {Threei} AA however looks rather pathetic
[15:52] {nemo} x could have quite run tomorrow
[15:53] {Threei} I'd say gap up tomorrow is all but guaranteed
[15:53] {Threei} barring some after makrte news
[15:53] {nemo} adp numbers tomorrow
[15:58] {nemo} spy closing with inverted H&S
[15:59] {Les} ooh yeh it's sleep time. c u's tomorrow
[15:59] {Threei} thank you all
[15:59] {Threei} have a good evening, see you tomorrow
[15:59] {nemo} cya
[15:59] {dino} gn all, gotta hop
[15:59] {dino} thx, good time
[16:00] {dino} decent close, 1103
