Thursday, October 8, 2009

Oct 08 2009

Freeport, Bahamas conference - January 2010
Vad's sessions - 2 days, including live trading

A bit tougher day but still worked out nicely, mostly thanks to couple bigger trades. CAT short for 40 cents and AIG short for 30 something helped while a few scalps balanced out couple stops.

Session Time: Thu Oct 08 00:00:00 2009

[05:48] {KSystems} mornink
[08:01] {magoo} morning
[08:01] {nemo} magus
[08:12] {ese} good morning....this being in reasonably good shape has got to's too easy to wake up
[08:12] {nemo} dude
[08:12] {ese} dude
[08:20] {Threei} (US) Preview: Initial Jobless Claims and Continuing Claims due out at 8:30amET
[08:20] {Threei} - Expectations for initial claims are 540K v prior release of 551K (range seen from 530K to 560K)
[08:20] {Threei} - Continuing claims seen at 6.105M v prior 6.090M. (range seen from 6.000M to 6.190M)
[08:23] {ese} they need to register for your stock trading/scalping course
[08:23] {Threei} I am not holding my breath
[08:24] {gnslng} could someone answer a question please, how do you'all follow the major sectors?
[08:24] {ese} if i can finally see the can they
[08:24] {nemo} can make a watch list of etfs
[08:25] {Threei} scanner also has a few ways to do hat
[08:25] {Threei} that
[08:25] {ese} yes....thats how i do it
[08:25] {ese} bkx bmx
[08:25] {ese} cmr
[08:25] {ese} dfx
[08:25] {ese} cyc
[08:25] {gnslng} hmmm, is there a standard list of 10 etf's that follow it well?
[08:25] {ese} drg
[08:25] {ese} etc etc etc
[08:26] {ese} 365
[08:26] {ese} just kidding
[08:26] {ese} about 20 for me
[08:27] {gnslng} thankyou
[08:28] {strider} Morning everyone.
[08:28] {nemo} Dunedin
[08:28] {Threei} strider :)
[08:29] {ese} strid
[08:29] {strider} :)
[08:30] {Threei} INITIAL JOBLESS CLAIMS: 521K V 540KE; CONTINUING CLAIMS: 6.040M V 6.106ME
[08:31] {nemo} kinda' funny, we're adding half a million people to the unemployment rolls and the market takes it as good news.
[08:32] {ese} isn't that a 1/2 mil less
[08:33] {nemo} initial...I think...means first time jobless claims
[08:33] {ese} 6.04 v 6.1
[08:33] {nemo} those are continuuing claims...are those people going back to work...or simply running out of benefits
[08:33] {Threei} and that's just 60K
[08:33] {nemo} and..right
[08:33] {nemo} and he teaches math
[08:34] {Threei} lol
[08:34] {ese} hmmmmmmmm
[08:34] {magoo} why is GLD dropping?
[08:35] {magoo} bouncer?
[08:36] {ese} ohhhhh nooooo just spilt coffee on vad's scalping course.........
[08:37] {magoo} i hit GLD long .20
[08:37] {ese} pheeeeeeeeew....plastic cover
[08:37] {Threei} careful ese... price doubles for repeat orders
[08:38] {ese} shs mags?
[08:38] {magoo} 4k
[08:38] {magoo} gonna scalp
[08:39] {ese} nice
[08:42] {fernp} good morning everybody
[08:42] {Threei} fern :)
[08:43] {ese} fern
[08:43] {magoo} AAPL vad, bouncer?
[08:44] {Threei} shrug
[08:44] {magoo} WAKE UP :)
[08:46] {ese} too funny boys
[08:52] {strider} .
[08:52] {dptl} good morning all
[08:52] {strider} gm
[08:52] {Threei} dp :)
[08:53] {ese} ddddddddddppppppppppp1!!!!!!!!
[08:56] {Threei} EUR/USD ECB's Trichet: Reiterates that excess volatility is not desired in currencies; US strong dollar statements are 'extremely important'
[08:57] {Threei} STATEMENTS are important??
[08:57] {Threei} or actual implementation?
[08:57] {Threei} man...
[08:57] {nemo} funny...integrity of action was always important...the higher up you go the more important it is to be superficial...go figure
[08:58] {Threei} market knows better:
[08:58] {Threei} EUR/USD Euro firms following ECB's Trichet's "Tepid response" to currency question - dealers
[09:02] {strider} C&H BAC
[09:03] {strider} morning trevor:)
[09:03] {lasertrev} gm strider
[09:03] {lasertrev} vad
[09:03] {Threei} trev :)
[09:03] {magoo} hey trev
[09:04] {lasertrev} magoo
[09:06] {larisa} gm :)
[09:06] {nemo} hi lari
[09:07] {larisa} nemo :)
[09:07] {Threei} larisa :)
[09:08] {larisa} :)
[09:15] {ese} mags you still hangin in gld
[09:15] {magoo} no
[09:17] {ese} Thursday, October 08, 2009 6:03:10 AM Blackstone Vice Chairman Byron Wien: Believe both the S&P500 and gold will hit 1200 in 2009 - CNBC interview
[09:17] {dino} gm all
[09:17] {Threei} dino :)
[09:18] {ese} dino
[09:18] {dino} gymb? raises and drops?
[09:19] {ese} mags.....i found that little news article interesting
[09:19] {ese} a bold statement to make
[09:24] {dino} wien's es?
[09:25] {Threei} ECB's Trichet: not campaigning for international use of currency
[09:25] {Threei} - This is in response to a question on whether the Euro would become a commodity pricing currency
[09:25] {Threei} idiots
[09:25] {Threei} generously mixed with imbecils
[09:25] {Threei} and sprikled with cretins on top
[09:28] {ese} not sure dino......thats the name that was on the news item
[09:29] {KSystems} ok good luck today
[09:31] {dino} ty
[09:32] {Threei} Long Setup: BAC .60
[09:32] {dino} scanners' flying
[09:34] {Threei} invalidated as break, watching for bounce
[09:35] {Threei} Long Setup: BAC .51
[09:35] {ese} l cenx .70
[09:35] {Threei} stop .45
[09:36] {magoo} in
[09:36] {ese} out cenx .77 +.07
[09:41] {Threei} Preview: Aug Wholesale Inventories due out at 10amET
[09:41] {Threei} **consensus expectation: -1.0%e v -1.4% prior (estimates range between -1.8% to -0.5%)
[09:42] {Threei} BAC stopped
[09:42] {fernp} no go
[09:43] {Threei} MG IPO begins trading at $12.30 (12.34, -0.16, -1.28%)
[09:45] {nemo} where's the "always on top" command for mirc?
[09:45] {dino} mind the strikes for next 5 days
[09:45] {Threei} right click blue bar on top
[09:45] {dino} stc
[09:46] {dino} wlp
[09:48] {Threei} Short Setup: CAT .50 break
[09:48] {Threei} stop above .65
[09:50] {Threei} 1:1
[09:50] {Threei} scalpers get out
[09:50] {Threei} day traders cover half
[09:51] {dino} wow, aa beats big up .50 only
[09:51] {strider} +.12 CAT, thx
[09:51] {dino} gj
[09:52] {strider} :)
[09:52] {Threei} 1:2, 1/4 more out
[09:52] {Threei} stop to above .40 for the last piece
[09:53] {strider} BAC bounce?
[09:54] {Threei} BAC Exec: Krawcheck is "terrific" where she is
[09:54] {Threei} lol
[09:54] {Threei} no read on it here
[09:54] {strider} thx
[09:55] {Threei} US) Senator (D) Dodd: Remains hopeful that expanded FHA home limits will be extended
[09:55] {Threei} - States that time is right to begin coverstion of GSE's Fannie and Freddie
[09:56] {Threei} CAT cover in full
[09:56] {Threei} +.40
[09:56] {fernp} WFC strong
[09:56] {Threei} yeah sudden spike
[09:56] {Threei} let's see if we get a pullback for entry
[09:57] {fernp} nice daily too
[09:57] {Threei} nice is understatement...
[09:57] {Threei} thing looks like a runner potentiasl
[09:58] {Threei} somewhere under .30... hard to tell exactly in advance
[09:59] {Threei} in
[09:59] {Threei} stop under .20 for scalpers
[09:59] {Threei} under .15 for day traders
[10:00] {Threei} *(US) AUG WHOLESALE INVENTORIES: -1.3% V -1.0%E
[10:00] {nemo} what I miss?
[10:00] {Threei} WFC
[10:00] {Threei} didn't miss really
[10:01] {nemo} only saw bac
[10:01] {Threei} it's still there
[10:01] {nemo} mirc f'd up on me
[10:01] {nemo} what wfc call?
[10:01] {Threei} JAZZ Hearing renewed takeover chatter circulating (timing uncertain) (8.49, +0.49, 6.13%)
[10:01] {nemo} any others?
[10:01] {Threei} .30 break
[10:01] {Threei} stop under .20 or .15
[10:02] {nemo} missed that...anything after bac?
[10:02] {Threei} you better click that buy than chatter
[10:02] {Threei} ogf course you miss itr
[10:02] {nemo} system screwed up had to reboot...mirc wouldn't display
[10:02] {Threei} CAT short after back for +.40
[10:02] {Threei} after BAC
[10:02] {nemo} great
[10:03] {Threei} WFC really loves you
[10:03] {Threei} comes back for you for the third time
[10:07] {dino} stc sm l .15
[10:07] {dino} .10 i mean
[10:09] {dino} wlp wants 45 imo
[10:10] {Threei} keeping an eye on LVS
[10:10] {Threei} interesting resilience
[10:11] {Threei} want pullback entry around .80-.85
[10:14] {fernp} out WFC .39 (my 1:1) ty Vad
[10:14] {dino} nue sm l .75
[10:15] {Threei} fern :)
[10:15] {Threei} missed LVS I guess
[10:16] {nemo} cat rebounded
[10:16] {fernp} no pullback LVS
[10:16] {ese} l cmcsk .91
[10:17] {nemo} might get lvs pull back here
[10:18] {strider} stop for WFC, Vad?
[10:20] {fernp} [15:59] {&Threei} stop under .20 for scalpers
[10:20] {fernp} [16:00] {&Threei} under .15 for day traders
[10:20] {Threei} not sure whether trailing it to under .25 makes sense, but to under .20 for everyone, for sure
[10:20] {nemo} yeah...yesterday's close
[10:21] {ese} out cmcsk .91 +.00
[10:21] {ese} -.00 which ever
[10:21] {strider} futs not helping
[10:22] {Threei} US Rep Frank: Congress has begun to closely evaluate 'interchange fees' (related DFS COF AXP MA V )
[10:22] {Threei} what's that?
[10:22] {ese} new one on me
[10:23] {strider} LVS gone again
[10:30] {Threei} Market Internals update at 10:30amET
[10:30] {Threei} - NYSE volume 255M shares, about 10% below its three-month average; decliners lead advancers by 4.5:1.
[10:30] {Threei} - NASDAQ volume 540M shares, about 4% below its three-month average; decliners lead advancers by 2.1:1.
[10:30] {Threei} - VIX index -1% to just under 24.50
[10:30] {Threei} no go WFC
[10:30] {Threei} scalpers win
[10:33] {strider} rimm?
[10:33] {ese} l cenx .65
[10:35] {Threei} RIMM is very market-dependend
[10:35] {dino} nue to b/e
[10:35] {nemo} lvs volume on last three peaks not good
[10:36] {nemo} or trend
[10:36] {strider} trying
[10:37] {nemo} I changes
[10:37] {strider} out +.09 LVS
[10:39] {strider} CTXS
[10:39] {nemo} aig .85 break stop .65?
[10:40] {Threei} doesn't feel right
[10:41] {nemo} invalumidated
[10:41] {nemo} quite the caat bounce
[10:41] {nemo} cat
[10:42] {dino} wlp 45
[10:43] {dino} semi's not participating
[10:45] {Threei} Short Setup: AIG .45 break
[10:45] {Threei} if stays below .60
[10:46] {Threei} valid again
[10:47] {dino} wlp sm l .86
[10:48] {strider} TOO FAST FOR ME
[10:48] {dino} bit soon
[10:48] {Threei} 1:1
[10:48] {fernp} ty ty
[10:48] {Threei} yw yw
[10:49] {fernp} :)
[10:49] {Threei} did you short double lot or what? :)
[10:49] {Threei} 1:2
[10:49] {fernp} yes, how do u konw that?
[10:49] {fernp} lol
[10:50] {Threei} hehe
[10:50] {Threei} I mean he he
[10:51] {dino} nue flat out
[10:54] {Threei} (US) Roubini: sees no reason for gold to keep increasing
[10:54] {Threei} sigh
[10:54] {Threei} and this is someone considered one of the brightest
[10:55] {Threei} althoug having missed an LVS play which I saw just in time, I can't really complain too much
[10:56] {Threei} getting AIG right is a consolation... but then again, WFC...
[10:59] {strider} lamr consolidating
[11:01] {dino} wlp stopped
[11:07] {strider} BRCM short?
[11:07] {Threei} yes
[11:07] {Threei} .60 break
[11:07] {Threei} wow... not available
[11:08] {strider} le bummer
[11:08] {Threei} anyway... as a papertrade, stop above .70
[11:08] {Threei} for bigger trade, above .80
[11:08] {strider} I already have enough paper. :)
[11:17] {ese} out cenx . 79 +.13
[11:17] {Threei} 1:1
[11:18] {ese} opps+,14
[11:19] {dino} stec l .50 stop .34
[11:19] {strider} AIG quotes & charts don't match
[11:19] {strider} no T&S
[11:20] {ese} 12k of the little blighters .....jolly good raaathaa.....hiphip what oh and ooool that. drinks at the club this evening vad ...shall we say 6...dinner at 7 and croquet at 8
[11:20] {fernp} yes not working strider
[11:20] {dino} hod
[11:20] {Threei} LVS... relentless
[11:20] {dino} lol es
[11:21] {nemo} fcx too
[11:21] {Threei} trevor... some T&S p[roblem on selected stocks?
[11:21] {nemo} strider...change quote server?
[11:22] {strider} matching now. still no t&S
[11:22] {nemo} I think fcx hits 77 today
[11:23] {dino} stec to .62
[11:23] {nemo} L1 in aig screwy
[11:23] {dino} to .71
[11:25] {strider} ntap euphoria
[11:25] {dino} out stec .70 ave slip, +.20
[11:26] {Threei} NTAP Guides Q2 $0.29-0.30 v $0.29e, R$870-885M v $862Me; guides Q3 $0.35-0.36 v $$0.33e, R$910-930M v $$894Me - analyst day comments
[11:26] {Threei} (US) Pelosi: Windfall profits tax on insurers may be considered; "very preliminary" idea
[11:26] {Threei} - Insurers can put more money on table.
[11:27] {nemo} how they'll pay for healthcare
[11:28] {strider} +.13 ntap
[11:28] {nemo} cat quotes/charts bad too
06[11:29] * Threei slaps lasertrev around a bit with a large question mark
[11:29] {ese} dino you still in anything
06[11:29] * nemo slaps lasertrev around a bit with a large porcupin quill-impregated 2X4
[11:30] {magoo} dont trade anything starting from a to c
[11:30] {nemo} oh typing
[11:30] {nemo} brcd is o.k.
[11:32] {fernp} VCLK level2 doesn't work
[11:33] {Threei} GLD back to high... got anything to say Roubini?
[11:36] {larisa} you think he is a scalper ? you may be have different highs :)
[11:36] {larisa} somebody said GOlD to 1500 soon
[11:37] {dino} \stj sm l .03
[11:38] {Threei} no... but my point is a bit different
[11:39] {Threei} his comment has absolutely nothing to do with how the process of price discovery works
[11:40] {Threei} I guess he is "efficient market" guy
[11:41] {dino} roflol
[11:41] {dino} efficient market, cracks me up
[11:41] {larisa} "take that" on upticking GLD was funny though :)
[11:41] {Threei} yeah... bunch of academics having zero idea of what market is about
[11:42] {dino} bottom line, all are opinions. and opinions are like asses, everybody has one
[11:43] {Threei} larisa... I just realized
[11:43] {Threei} you questioned my common sense and praised my sense of humor
[11:43] {Threei} this is truly a first!
[11:44] {nemo} earnings are being treated as good news even though they're all, so far as a result upod and cost cutting
[11:44] {nemo} oh and dino...they all stink
[11:44] {magoo} theresan ass for every seat sit down lol
[11:44] {Threei} upod?
[11:44] {nemo} Under Promise Over Deliver
[11:44] {Threei} ah
[11:44] {Threei} well
[11:45] {Threei} no problem with cost cutting part
[11:45] {dino} indeed nemo
[11:45] {Threei} this is healthy process in recession
[11:45] {dino} backwards magoo
[11:45] {Threei} and in fact is what recessions are needed for
[11:45] {nemo} agree 3i
[11:45] {Threei} upod... yeah, that's a bit out there
[11:45] {Threei} but nothing new to it
[11:45] {nemo} no
[11:46] {nemo} nothing new in the universe
[11:46] {Threei} market's reactions on earnings was always based on comparison to estimates
[11:46] {Threei} which is open to a ,lot of questions
[11:46] {dino} and estimates are basically opinions
[11:46] {dino} so we've come full circle again on the opinion statement
[11:46] {Threei} I mean, if analysts say .02 per share and company comes up with .04,
[11:47] {nemo} my point...going forward what are their expectations...I expected them to deliver this 14
[11:47] {nemo} 1/4
[11:47] {Threei} how do we deciede whether to buy company or to sell analysts?
[11:47] {nemo} shoot analysts
[11:47] {Threei} but whatever... those are the rules game is played under,
[11:48] {Threei} so as traders, what are we to do but learn to rules and exploit them
[11:48] {Threei} to = the
[11:49] {nemo} ok. market taking a breather
[11:51] {Threei} hmmm
[11:51] {Threei} GLD and market disconnected
[11:51] {nemo} $ and gld not
[11:51] {Threei} then $ and market disconnected
[11:52] {Threei} 'cause in my eyes gold move is purely counter-$ move at this point
[11:54] {strider} cenx
[11:55] {nemo} aig works again
[11:58] {Threei} lol... Manitoba, first snowfall of the season
[11:58] {nemo} yeah, they've opened ski areas out west change
[11:58] {Threei} Saskatchewan too
[12:02] {dino} hwk
[12:02] {dino} sm s .01
[12:03] {dino} liz
[12:04] {nemo} lvs salmon
[12:13] {dino} liz sm s .40
[12:13] {Threei} Short Setup: LVS .55 break
[12:13] {Threei} if stays under .60
[12:15] {Threei} loss of .50 should send it down screaming
[12:16] {strider} stop?
[12:16] {Threei} [12:13] {Threei} if stays under .60
[12:16] {Threei} stopped
[12:28] {Threei} new high GLD
[12:32] {Threei} Preview: Treasury's $12B 30-year bond reopening results due out just after 1PM ET
[12:32] {Threei} - $12B is unchanged from the Sep reopen but remains substantially above the summer reopening bringing the cumulative size to another record high.
[12:32] {Threei} - Bid to cover ratio at the Sep reopening was 2.92 with an average of 2.52 over the last 6
[12:33] {Threei} YRCW
[12:33] {Threei} no news
[12:40] {dino} stc stop to .24
[12:43] {nemo} lvs Vad, short?
[12:43] {Threei} can't tell
[12:43] {dino} stj stopped -.33
[12:51] {Threei} no idea
[12:51] {Threei} sorry, wrong window
[12:51] {nemo} hehehehe
[12:52] {dino} liz stopped -.11
[12:52] {strider} H&S BRCD?
[12:53] {Threei} kind of
[12:53] {Threei} but shorting here is abit too far from resistance
[12:53] {strider} .55?
[12:53] {Threei} closer to .60, yeah
[12:55] {nemo} tck has been just behind fcx today
[13:08] {KSystems} Vad, have there been any news 10 mins ago?
[13:09] {KSystems} The T-Bonds are going nuts
[13:09] {KSystems} I dont see any
[13:09] {Threei} - indirect bidders take 34.5% of competitive bids with 27.53% alotted at the high
[13:09] {KSystems} uh huh
[13:09] {KSystems} thanks!
[13:09] {KSystems} right direction at least....i sold a T-Bonds Call as well
[13:10] {dino} gj ks
[13:11] {KSystems} thx
[13:14] {Threei} so I take it this result of the auction is good for USD
[13:14] {nemo} not so far
[13:15] {Threei} no?
[13:15] {Threei} gold is down, market is down
[13:15] {nemo} uup hasn't moved
[13:15] {nemo} unless datafeed screwed up....TREV
[13:15] {dino} 22.55
[13:15] {nemo} just droppe
[13:17] {Threei} it jumped after the auction
[13:18] {Threei} one day I'll understand it...
[13:18] {lasertrev} whats up nemo
[13:18] {nemo} then you can go to tibet
[13:18] {nemo} just busting you trev
[13:18] {lasertrev} lol
[13:18] {nemo} I'll dcc if it's important...or call and wake you up
[13:21] {lasertrev} can i go back to sleep now?
[13:21] {nemo} try a coma
[13:21] {lasertrev} ouch
[13:21] {Threei} why ouch
[13:21] {Threei} works for us
[13:21] {Threei} Short Setup: GLD .50 break
[13:22] {Threei} if stays under .60
[13:26] {Threei} most likely not a scalp if sets up
[13:26] {Threei} has a lot of air under .50
[13:27] {Threei} (what do you know, I tarde in Roubini direction....)
[13:27] {fernp} in
[13:28] {Threei} BRCD near H&S resistance
[13:29] {ese} well i'm off....been fun ...see ya tomorow
[13:29] {ese} drinks at the club this evening vad?
[13:29] {Threei} take care ese
[13:29] {Threei} wehat club
[13:29] {Threei} I am not allowed ito any
[13:29] {ese} me either
[13:30] {Threei} oh
[13:30] {ese} cya
[13:30] {Threei} then we need to start our own
[13:30] {Threei} cub of club refused
[13:30] {strider} where do see support for GLD?
[13:30] {nemo} hitting 200 right here
[13:31] {Threei} only minot ones here ad there, nothing serious till 103
[13:31] {strider} that would be nice
[13:31] {Threei} doesn't matter it just proceeds to there
[13:31] {Threei} umm
[13:31] {Threei} doesn't mean
[13:32] {Threei} but support is far enough to try for more than just scalp
[13:32] {Threei} 1:1
[13:32] {fernp} thanks for these easy trades :)
[13:32] {Threei} :)
[13:33] {Threei} tougher today than it was last few days, but still
[13:33] {dino} stec going for gap fill, fri close
[13:35] {Threei} larisa, I take back my tirade... Roubini made us money
[13:35] {dino} bingo
[13:36] {larisa} :)
[13:38] {dino} stec sm l .55
[13:39] {dino} stc to .39
[13:40] {dino} out stc +.29
[13:40] {nemo} stc or stec
[13:43] {strider} CTXS holding
[13:44] {dino} out stc from morning
[13:44] {dino} srec still in
[13:45] {larisa} lol
[13:45] {dino} and ironically i had stj earlier
[13:45] {dino} stec still in
[13:45] {larisa} we all misspell now
[13:45] {dino} it is the "st" day for me
[13:49] {Threei} let's see if there is a play in STT, dino?
[13:50] {fernp} thinking in a db, Vad?
[13:51] {Threei} that too... but mostly trying to find another "st" fo dino
[13:51] {dino} :)
[13:52] {dino} mstr gap fill mon close. it has an st in it
[13:57] {Threei} larisa... I resume my anti-Roubini rant... all he was good for turned out to be just a scalp
[13:58] {Threei} something very morbid to this news:
[13:58] {Threei} Bank of America Corp Reportedly seeking to sell $800M claim against Lehman Brothers to hedge funds - unconfirmed report
[13:58] {Threei} - Face value is $800M; sources say claims against Lehman with similar terms have been selling at around $0.37 on the dollar.
[13:59] {fernp} STT double bottom wasn't bad idea :)
[13:59] {Threei} hehe
[14:00] {nemo} afternoon rally shoul start soon
[14:01] {nemo} oops...sorry Lari 'ally
[14:01] {larisa} I bet we will sell :)
[14:02] {dino} shoul=ghoul for october(fest)
[14:03] {nemo} What?
[14:03] {Threei} rofl
[14:03] {nemo} oh
[14:03] {nemo} 3i school of typing
[14:03] {Threei} your constant misspelling of everything and anything makes me ashamed guys
[14:04] {Threei} I mean asheamet
[14:04] {nemo} taking another title away?
[14:04] {Threei} konstant
[14:04] {dino} darn stj rinsed me by 4 cents
[14:06] {dino} nemo you in stce/
[14:06] {nemo} huh?
[14:06] {dino} lol stec
[14:06] {larisa} I think dino does it on purpose :)
[14:07] {nemo} no...whish I had looked at it 20 minutes ago...funny took it out of my watch list this morning
[14:07] {dino} no, one handed typing on far right keybord, not looking
[14:07] {nemo} not funny actually
[14:08] {dino} stop to .95
[14:08] {strider} where are time stamps in mIRC?
[14:08] {strider} the option for them?
[14:08] {Threei} right click on the button with channel name on it
[14:08] {Threei} and find a line that says...
[14:08] {Threei} wait for it...
[14:08] {Threei} wait for it...
[14:08] {Threei} drumbeat
[14:09] {strider} baited breath
[14:09] {Threei} TIMESTAMP!
[14:09] {strider} AHHHH!
[14:09] {strider} .
[14:09] {strider} yep. that works. :)
[14:09] {nemo} caught on quicker than mags
[14:10] {strider} sell short TROIT
[14:10] {strider} TROUT
[14:10] {Threei} well... it's unfair comparison
[14:10] {nemo} fair
[14:10] {nemo} aig vad
[14:11] {strider} CVTXS has left the station and is never coming back.
[14:11] {strider} CTXS
[14:11] {strider} .
[14:12] {dino} it's contagious
[14:17] {dino} stec to .05
[14:17] {nemo} s1 is .12
[14:20] {dino} mkt drop, stec to .08
[14:20] {nemo} gld short vad?
[14:21] {Threei} 50/50
[14:21] {Threei} my heart says yes
[14:21] {Threei} chart says "I can go either way"
[14:21] {nemo} a "bi" chart?
[14:21] {dino} always the romantic
[14:21] {Threei} lol
[14:22] {dino} "gut" i trust
[14:22] {nemo} guess I'll have to gain weight then
[14:22] {Threei} well... I don't believe in gold as a store of intrinsic value
[14:22] {dino} vad you ever watch gold off of gld? moves w/slight delay and bigger
[14:23] {dino} i know patience does
[14:23] {Threei} true but would have to cut down size
[14:23] {Threei} it's thinner
[14:23] {Threei} more volatile
[14:23] {dino} 2 million to me is thick
[14:23] {Threei} look at size at level 2
[14:24] {Threei} sl,ippage is bigger
[14:24] {Threei} GLD, no slippage
[14:24] {dino} 4 cents
[14:24] {dino} ok bit more
[14:24] {Threei} you mean spread
[14:25] {Threei} but sizes are way smaller too
[14:25] {dino} mstr bugging me nemo
[14:25] {dino} wide tho
[14:26] {dino} ok vad
[14:29] {strider} mIRC: how to make it beep when a post is entered?
[14:30] {Threei} nemo just says out loud: mirc, beep!!
[14:31] {strider} I treid that already.
[14:31] {strider} tried
[14:31] {dino} stec to .13
[14:32] {dino} tighten it
[14:33] {dino} got lucky on it "easy button"
[14:35] {dino} out .25, +.70
[14:35] {larisa} nice
[14:36] {dino} ty
[14:37] {nemo} cya tomorrow boys and girl..
[14:37] {larisa} kinda perfect entry at 13:38, very nice even :)
[14:37] {larisa} bye nemo
[14:39] {dino} cya nemo
[14:39] {Threei} take care nemo
[14:43] {dino} die hwk
[14:49] {dino} hwk stopped .18 ave, -.17
[14:50] {Threei} FCX, C&H on 1 min
[14:50] {Threei} let's see if we get a little consolidation
[14:50] {Threei} as it stands, support is too far from 75
[14:51] {Threei} maybe a little pullback from here
[14:51] {Threei} then break
[14:52] {Threei} good
[14:52] {Threei} Long Setup: FCX 75 break if stays above .85
[14:52] {Threei} .90 for hard core scalpers
[14:56] {Threei} come on, trigger
[15:00] {Threei} invalidated
[15:01] {Threei} one litle pullback and will reestablish itself
[15:02] {Threei} if dives under 75, will be a pullback entry
[15:02] {Threei} if just goes - let it go
[15:03] {dino} run dmc market
[15:05] {fernp} Good evening everybody. see you all tomorrow
[15:05] {Threei} take care fern
[15:08] {dino} sm l mstr .19
[15:08] {dino} cya fern
[15:09] {Threei} FCX never looked back
[15:10] {dino} chfc
[15:10] {dino} thin
[15:11] {Threei} good pullback, watching
[15:17] {Threei} Long Setup: RIMM 69 break
[15:18] {Threei} invalidation is under .85, but if sets up from here stop can be placed under .90
[15:24] {dino} bulls on parade
[15:25] {Threei} strtuggling to find a play to follow though
[15:25] {Threei} anyone wants to hear guy named tarullo speaking?
[15:26] {dino} nope
[15:26] {Threei} some apparently do
[15:26] {Threei} Preview: Fed Gov Tarullo scheduled to speak on the economic crisis at 3:35pmET
[15:26] {Threei} - Speaking at a lunch with community leaders in L.A. Advance text and audience Q&A are expected
[15:26] {Threei} RIMM invalidated
[15:26] {dino} oh him, thats right, thats the conference dino is speaking at
[15:27] {Threei} ACPW Hearing chatter company may have won a contract with Google (0.91, +0.10, 12.35%)
[15:27] {Threei} rumor bunker is at work today
[15:28] {Threei} we really need nemo to penetrate their defenses and become our guy in rumor bunker
[15:29] {dino} he is the bunker
[15:29] {Threei} I hope he reads the log today
[15:30] {Threei} (JP) Japanese government adopting emergency measures to spur job creation - Nikkei News
[15:30] {dino} where do you think he goes at 3;00, to the rumor bunker, he's on night shift
[15:30] {Threei} well, then I have no choice but to ask: why don't we get the symbls in advance...
[15:30] {Threei} what kind of "our man" he is, really
[15:30] {strider} short RIMM .89 to .71, thx. VAD :)
[15:31] {dino} good point
[15:31] {Threei} sure thing
[15:31] {Threei} fading the invalidated setup
[15:31] {Threei} legit way to trade
[15:31] {strider} Do I still have to pay you?
[15:31] {Threei} yes, and send me 50% of profit
[15:32] {strider} Let's see. Today that would be exactly, uh zero
[15:32] {dino} we should rally in 5 min.
[15:32] {Threei} how is my fault?
[15:32] {strider} :)
[15:32] {dptl} have a good evening all
[15:33] {Threei} my calls are in profit... so you send me hypotetic amount, calculated as if you trook all of my calls,
[15:33] {Threei} and followed them as I did
[15:33] {strider} Didn't mean that at all.
[15:33] {Threei} take care dp
[15:34] {Threei} BKS Planning to introduce own e-book reader; to start sales as soon as next month -WSJ (21.42, -2.47, -10.34%) (related AMZN 6758.JP )
[15:35] {strider} I missed one call this morning....forget which one...was the best play of the morning
[15:35] {strider} short of someething.
[15:35] {larisa} CAT :)
[15:35] {strider} yeah
[15:35] {Threei} no chance... we will caount that profit for the purposes of your check anyway :)
[15:35] {strider} I understand.
[15:36] {dino} cya dp
[15:36] {Threei} lol dino... tyou really need something faster than 14.4 dial-up modem
[15:39] {dino} lol, i'm a busy guy, so behind on this board
[15:39] {dino} rally time imo
[15:40] {larisa} :)
[15:40] {Threei} FCX bounce candidate if market reverses up
[15:40] {Threei} semae setup
[15:40] {Threei} 75 break
[15:40] {Threei} .85 support
[15:40] {dino} seseme?
[15:41] {Threei} grrr
[15:41] {Threei} same
[15:42] {dino} van halen on
[15:44] {dino} asei
[15:50] {dino} 3:40 pattern again
[15:53] {dino} out mstr flat
[15:53] {larisa} this market is boring
[15:54] {Threei} all atrenoon, yeah
[15:54] {Threei} morning was OK
[15:55] {Threei} variation of answer:
[15:55] {dino} should have followed thru better imo
[15:55] {Threei} sorry larisa, I don't have other market fo you
[15:55] {Threei} this one is built on the idea:
[15:56] {Threei} if girl is unhappy, apologize quickly
[15:56] {Threei} doesn't matter whether you are guilty or not
[15:56] {dino} if the girl is unhappy, you will be too
[15:57] {larisa} thats ok, I still have Roubini guy, he has diff market for me :)
[15:58] {Threei} see... even apology didn't help
[15:58] {Threei} she is already looking for another guy
[15:58] {dino} ok, still have dji gaps 9599, 9725; ndx 1675, 1698; s/p 1040, 1050
[15:59] {dino} 1057, 1710 i mean
[15:59] {Threei} okay guys, thank you all
[15:59] {Threei} have a good evening
[15:59] {Threei} see you tomorrow
[15:59] {larisa} bye :)
[15:59] {strider} Thx Vad, and everyone. I'll be gone tomorrow. See you all on Monday.
[16:01] {dino} cya strider
[16:02] {dino} larisa too
[16:02] {dino} gotta hop