Android – An android virtual device that failed to load. click ‘details’ to see the error

I just installed the Android plugin in Eclipse. Created a new virtual device running on Android 4.0 API level 14 (Nexus S) but it wont emulate. I read on one post that I could move the android folder to another location so i did so and to no avail,it still wont emulate the android window will start and the 'ANDROID' text will load for days and days but does not go any further. (I usually just read but have never posted so forgive me for my format)
Examining the console this was the text available:

   [2013-04-01 20:35:42 - Android Test] ------------------------------
   [2013-04-01 20:35:42 - Android Test] Android Launch!
   [2013-04-01 20:35:42 - Android Test] adb is running normally.
   [2013-04-01 20:35:42 - Android Test] Performing com.theprogrammer.android.test.MainActivityMainActivity activity launch
   [2013-04-01 20:35:43 - Android Test] Automatic Target Mode: launching new emulator with compatible AVD 'Phone_IceCreamSandwich'
   [2013-04-01 20:35:43 - Android Test] Launching a new emulator with Virtual Device 'Phone_IceCreamSandwich'
   [2013-04-01 20:35:55 - Android Test] New emulator found: emulator-5554
   [2013-04-01 20:35:55 - Android Test] Waiting for HOME ('android.process.acore') to be launched...
   [2013-04-01 20:37:12 - Android Test] HOME is up on device 'emulator-5554'
   [2013-04-01 20:37:12 - Android Test] Uploading Android Test.apk onto device 'emulator-5554'
   [2013-04-01 20:37:12 - Android Test] Installing Android Test.apk...
   [2013-04-01 20:38:13 - Android Test] Success!
   [2013-04-01 20:38:13 - Android Test] Failed to install Android Test.apk on device 'emulator-5554': device not found
   [2013-04-01 20:38:13 - Android Test] com.android.ddmlib.InstallException: device not found
   [2013-04-01 20:38:13 - Android Test] Launch canceled!