Friday, June 4, 2010

Jun 04 2010

The cleanest trade of the day was found by one of room members. Really highly rewarding for me when this happens. RIMM DBI type of short play, textbook setup. Notice that one of the arrows on the chart shows practically the same setup forming and working earlier, before we started watching it. I just pointed it with an arrow, not outlining the details of setup - use it for practice purposes, find the trigger and stop level.


Uneven day for us, as market has stalled for a long time rendering much of the day inactive. We spotted the main trend right though, utilizing it with FAZ long on 16 break and other shorts plays.

Session Time: Fri Jun 04 00:00:00 2010

[08:11] {Threei} US) Preview: May Unemployment Rate data due out at 08:30ET (12:30 GMT)
[08:11] {Threei} - Consensus expectations at 9.8%e v 9.9% prior (analyst range of estimates seen from 9.6% to 10.0%)
[08:15] {magoo} morning
[08:15] {Threei} hey mags
[08:15] {nemo} mags :)
[08:21] {Threei} OTP.HU Trading halted
[08:21] {Threei} - Note: OTP bank is 25% weighted in main Hungary index
[08:21] {Threei} let the panic begin?
[08:23] {magoo} i know its speculation, but thoughts for today? good numbers=pop, drop, pop
[08:24] {nemo} probably depends on how many are considered census jobs, and how many are real private sector jobs
[08:24] {Threei} my working assumption is:
[08:24] {nemo} drop because it was leaked it would be good?
[08:24] {Threei} any attemot to rally will be used to sell as much as possible,
[08:24] {nemo} this hungary news makes it more dangerous to go long into the weekend
[08:24] {Threei} Europian situation being the biggest factor,
[08:24] {nemo} :)
[08:25] {nemo} not as dumb as I look...
[08:25] {Threei} since contagion is not likely to be conotained
[08:25] {Threei} and these job numbers can't be taken seriously
[08:25] {Threei} I mean, in context of a sneaky bull market they would be bought, of course
[08:26] {Threei} but we are rather in "be ready to panic" environment
[08:26] {Threei} EUR/USD Brown Brothers' Head of Currency Strat Chandler: Euro headed much lower
[08:27] {Threei} EUR/USD (FR) French PM spokesperson: Comments made by Fillon on euro did not refer to parity
[08:27] {Threei} - Comments refered to euro rate evolution
[08:30] {nemo} lookout below
[08:30] {Threei} US) MAY CHANGE IN NONFARM PAYROLLS: 431K V 536KE; CHANGE IN PRIVATE PAYROLLS: 41K V 180KE
[08:30] {Threei} US) MAY AVERAGE HOURLY EARNINGS M/M: 0.3% V 0.1%E; AVERAGE WEEKLY HOURS: 34.2V 34.1E
[08:30] {Threei} - Prior Average Hourly Earnings MoM revised from 0.0% to %
[08:30] {nemo} owwwwwwwwww
[08:31] {nemo} so...government told the truth...omfg
[08:32] {magoo} dow down 161
[08:32] {Threei} how's that prediction of economy works for you, mr president?
[08:34] {nemo} too early to start drinking?
[08:35] {nemo} volume starting to come into faz
[08:38] {magoo} how could idiots gov't leak "big numbers"?
[08:38] {Threei} ummmm
[08:38] {magoo} they rose expectations for a shit number
[08:38] {Threei} choosing between answers, I feel like a kid in a candy store mags
[08:39] {magoo} :)
[08:39] {Threei} god, I wish you guys spoke russian
[08:39] {Threei} english is not rich enough in this department
[08:40] {magoo} jesus, saying its all the census employees
[08:40] {magoo} neg numbers when completed
[08:40] {Threei} yes
[08:40] {Threei} - Census related hiring: +411K v +66K prior
[08:41] {magoo} short vxx here vad?scalp
[08:41] {nemo} what's worse, those census jobs are not just double counted, many are counted as many as 10 times
[08:41] {Threei} MAY CHANGE IN NONFARM PAYROLLS: 431K V 536KE; CHANGE IN PRIVATE PAYROLLS: 41K V 180KE
[08:41] {Threei} - Change in Manufacturing payrolls: 29K v 33Ke
[08:41] {nemo} the private payroll is the killer
[08:41] {Threei} mags, VXX is not really a good tracker
[08:42] {Threei} and shakes out so violently and unpredicatble, it's a horror to trade
[08:42] {Threei} - Prior Private payrolls revised lower from 231K to 218K (widely expected to be revised higher)
[08:42] {Threei} yikes
[08:44] {Threei} didn't we hear quite a few times from the president lately that most hiring occurs in private sector?
[08:45] {Threei} U.S. nonfarm payrolls expanded by a seasonally adjusted 431,000 in May, but virtually all the new jobs were temporary jobs at the U.S. Census, leaving private-sector hiring very weak in May, the Labor Department reported Friday. Excluding 411,000 temporary Census workers, payrolls rose by 20,000 in May. According to the survey of 400,000 business establishments, private-sector payrolls increased by 41,000, the fifth straight gain. The unemployment rate fell to a seasonally adjusted 9.7% in May from 9.9% in April, according to a separate survey of 60,000 households. The decline wasn't particularly good news, however, because the drop was due to 322,000 people dropping out of the labor force."
[08:45] {dptl} good morning
[08:45] {Threei} dp :)
[09:00] {Threei} EU) France Fin Min Lagarde: G20 has been reassured by the European rescue package
[09:00] {Threei} - Reiterates euro is a credible currency
[09:00] {Threei} - Says ECB has acted responsibly
[09:00] {Threei} - Reiterates euro is a credible currency {--- yep
[09:00] {Threei} so credible that there is a need to reiterate this point every single day
[09:00] {Threei} multiple times
[09:01] {Threei} and banks needed no more capital
[09:03] {Threei} British Petroleum plc Future decisions on dividend will be decided by the board
[09:03] {Threei} - Has spent over $1B over the oil spill;
[09:03] {Threei} - Says there is still much to be done on the
[09:03] {Threei} - Long-term environmental costs will be spread over the years
[09:03] {Threei} - Is prepared to meet costs on environmental, claims and litigations
[09:05] {Threei} (HU) Goldman analyst: Comments about a "Greece-like crisis" in Hungary do not hold up; Hungary is unlikely to abandon its IMF program (timing uncertain)
[09:05] {Threei} - Expects Fidesz to continue the prior administration's policies
[09:05] {Threei} ***Note that in 2008 Hungary agreed to deficit targets when it obtained a 20B bailout from the IMF, the European Union and the World Bank
[09:05] {dino} gm all, obamination blew it again w/jobs hint
[09:06] {Threei} yup
[09:06] {Threei} big time
[09:06] {Threei} BP dump continues
[09:07] {dino} guy is clueless
[09:08] {magoo} BP shortable today vad, i checked
[09:10] {dino} mind the gaps
[09:10] {dino} 5/26; 9974, 1796, 1067 & 1070 6/1
[09:11] {Threei} I did some tracking job for you, as a matter of progress report
[09:11] {Threei} according to my observations,
[09:11] {Threei} within two weeks span,
[09:11] {Threei} he went from "frustrated"
[09:11] {Threei} to "angry"
[09:11] {Threei} climaxing today at "furious"
[09:12] {Threei} well, at least I hope it's a climax
[09:12] {Threei} because what's next, blowing a vein?
[09:14] {RonS} gm all- what is with the strength in the airlines?
[09:15] {RonS} my trip last week was an absolute horror show
[09:15] {Threei} hi ron
[09:15] {Threei} what happened?
[09:16] {Threei} I see airlines in red
[09:16] {RonS} 2 planes had mechanical failure...4 1/2 hr delay...missed connection...overnight in SF w/o bag
[09:16] {Threei} yikes
[09:17] {RonS} 2 hr customer service line...50 min hotel check-in
[09:18] {RonS} uaua pilot told me that they have stripped the fleet to the point they are running remaining 24/7 and mechanical probs are coming up all over the place
[09:19] {nemo} I'm either driving or taking trains from now on
[09:19] {dino} +431k headline, govt hires +390k, birth/death adj -215k, leaves -174k private hiring. is obamaination smoking "crack" talking about strong jobs on wed.?
[09:19] {lasertrev} gm
[09:19] {RonS} TSA is an absolute joke...you can take lighters on planes now
[09:20] {shorty} moring all
[09:21] {RonS} TSA could not dispose of the lighters per EPA w/o hazmat...so they chucked it
[09:21] {dino} lol
[09:22] {RonS} kafkaesque
[09:22] {Threei} trev :)
[09:27] {RonS} ya know the real story this week is that the Euro banks are not lending to one another, and that the corp credit market is frozen
[09:27] {RonS} TED spread has doubled in a month
[09:30] {jfjf64} mornin
[09:31] {Threei} jf :)
[09:32] {Threei} Short Setup: LVS .35
[09:32] {Threei} if stays under .45
[09:32] {Threei} invalidated
[09:34] {Threei} Short Setup: BP .75 break
[09:35] {Threei} stop above .85
[09:35] {Threei} invalidated
[09:35] {Threei} shrug
[09:35] {shorty} stopped
[09:35] {jfjf64} deep breath
[09:35] {Threei} did it trigger?
[09:36] {shorty} ya .74
[09:36] {Threei} didn't see it typing
[09:36] {dino} guess who's coming on tv
[09:36] {nemo} winona ryder
[09:36] {Threei} (US) White House Advisor Romer: Jobs growth is moving in an upward trajectory
[09:36] {Threei} yup
[09:37] {dino} "new math" i guess
[09:39] {Threei} Long Setup: WFC .25
[09:39] {Threei} if stays above .20
[09:39] {Threei} target about 1:2 - 1:3
[09:40] {magoo} in
[09:41] {Threei} if FAS blows through 23, could be more
[09:41] {Threei} over 1:1
[09:42] {Threei} FAS broke
[09:42] {dino} fdx sm l .29
[09:43] {Threei} a litle follow through would be nice
[09:43] {magoo} LVS sick lately
[09:43] {magoo} strongest ever
[09:43] {Threei} half out .34
[09:44] {Threei} out second half
[09:44] {dino} sheesh, he brought joe w/him
[09:44] {Threei} scalpers win
[09:44] {jfjf64} that wdd be I
[09:44] {jfjf64} TY
[09:44] {Threei} sure
[09:45] {nemo} I'm impressed jf
[09:45] {jfjf64} quick on sell
[09:46] {jfjf64} cost me plenty though
[09:46] {nemo} no, your use of pronouns with an intransitive verb
[09:46] {dino} he's bragging about the jobs report, unbelievable\
[09:46] {nemo} market retracing as his nose grows
[09:47] {jfjf64} lvs
[09:48] {jfjf64} any read vad
[09:48] {Threei} not yet
[09:48] {Threei} but watching
[09:49] {jfjf64} that last leg down nicee but no clear support for entry
[09:50] {jfjf64} grrrrrrrrrrrrrrr
[09:50] {Threei} just jumped back up with no clear entry
[09:50] {jfjf64} yes
[09:50] {jfjf64} thought i mentioned that sensi
[09:50] {jfjf64} lol
[09:51] {nemo} go wax off jf
[09:51] {Threei} I don't read what I say
[09:51] {Threei} you want me to rfead what others say?
[09:51] {Threei} here, I tried and read for once, look what it is:
[09:51] {Threei} (US) US President Obama: Jobs report data shows the progress in the recovering economy, many jobs were in fact temporary census positions
[09:51] {jfjf64} nemo that not nice
[09:51] {dino} clh gap fill
[09:51] {Threei} now wait for my puking reflex to go away
[09:52] {nemo} what were you expecting from me jf?
[09:52] {dino} market does not careanymore, going up
[09:52] {jfjf64} where my frind les
[09:53] {jfjf64} put ya lvs hat on 3i
[09:54] {Threei} .27 long
[09:54] {Threei} if holding .20
[09:54] {dino} clh sm l .73 thin
[09:54] {nemo} spy probably going to 109.50
[09:55] {Threei} no go
[09:55] {RonS} akam?
[09:55] {jfjf64} its early
[09:55] {shorty} would you call that a double top on LVS Threei?
[09:55] {dino} china plays hold well, pwrd, rino, cagc, ctrp
[09:55] {nemo} lvs bounce at .10 or .00?
[09:55] {Threei} unconfirmed so far
[09:55] {Threei} but yes
[09:55] {shorty} ty
[09:56] {Threei} not really tradeable, Ron
[09:56] {Threei} AKAM I mean
[09:56] {Threei} spread is jumpy, can get thin suddenly
[09:56] {dino} ferts not bad either imo
[09:57] {RonS} thx
[09:58] {shorty} LVS short .09
[10:00] {jfjf64} 25.10 lot of resistance yest lvs
[10:00] {shorty} out .93
[10:00] {jfjf64} correct
[10:02] {Les} .
[10:02] {jfjf64} les what up ppal
[10:02] {Les} banned from mibbit, but not here. go figure?
[10:02] {shorty} weird
[10:03] {Threei} lol
[10:03] {Threei} mibbit has no restraints of its own
[10:03] {jfjf64} vads way of messin with us
[10:03] {Threei} it's just the way to connect
[10:04] {Les} FAZ .60 with a .55 stop? if holding
[10:04] {Threei} LVS
[10:04] {Threei} 25 break
[10:04] {Threei} if holding .90 obviously
[10:04] {Threei} invalidated
[10:05] {Threei} can't tell on FAZ
[10:05] {Les} l faz .61 stop under .55
[10:05] {Threei} it has no setup of its own here, and I don't have firm grip on market overall at the moment
[10:05] {Les} ok
[10:06] {dino} fdx stopped
[10:06] {Les} 1:1 I'll take it
[10:06] {Threei} why not
[10:07] {Threei} kind of free money
[10:07] {Les} you are right market wishy washy here
[10:07] {Threei} looking at BP
[10:07] {Threei} maybe we can find short entry finally
[10:08] {Threei} 38 break...
[10:08] {Threei} so-so, but the only thing I see here
[10:08] {shorty} in .98
[10:08] {Threei} stop above .10
[10:08] {shorty} ok
[10:09] {Threei} nah
[10:09] {shorty} done
[10:09] {RonS} BP's cap funneling oil to the surface-Coast Guard 06/04 08:07 AM
[10:09] {Les} and its toxic chemicals disperse it to four corners of American beaches?
[10:10] {Les} sounds like good plan
[10:10] {jfjf64} lvs broke 25
[10:10] {jfjf64} no trigger
[10:10] {jfjf64} grrrrrrrrrrrrrrr
[10:10] {Threei} better yet - oil is predicted to reach Europe, Les
[10:10] {shorty} caught lvs .01 out .06 then .11
[10:10] {Les} well Mediterranean is already screwed
[10:11] {jfjf64} careful shorty
[10:11] {Les} they could really screw spanish economy and close their beaches too... :)
[10:12] {shorty} Trying jfj64. Keeping my stops.
[10:13] {Threei} feels up to me...
[10:14] {jfjf64} eca 5 min looks good
[10:14] {Threei} LVS
[10:14] {dino} sm l ups .75
[10:15] {Threei} lol... general feeling of market gathering for upward thrust was right, SPY and FAS went up,
[10:15] {jfjf64} lvs??
[10:15] {Threei} but no setup to use at all
[10:15] {Les} l crus .03 look at daily
[10:15] {jfjf64} .15 break
[10:16] {RonS} gs green
[10:17] {Threei} GS Ticks higher as SEC settlement chatter circulates again
[10:17] {Threei} - Note: Goldman has until the middle of June to respond to the SEC's charges. (143.52, -0.52, -0.36%) (related XLF )
[10:19] {Threei} IMO,
[10:19] {Threei} market, with all the headfakes and shakeouts wants higher today
[10:20] {Threei} FAS wants .40 - .50, at least
[10:20] {Threei} problem is, I don't see clear entries
[10:20] {dino} feels that way
[10:20] {larisa} men and their feelings :)
[10:21] {Threei} yeah, we are famous for that :)
[10:21] {RonS} ...it's fun being sensitive :D
[10:22] {RonS} dino, do gap fill?
[10:22] {Threei} if willing to start trying:
[10:22] {Threei} FAS
[10:22] {Threei} 23
[10:22] {Threei} if holding .90
[10:23] {Threei} not a scalp for me
[10:23] {dino} cat sm l .75
[10:24] {dino} lol lari
[10:24] {dino} no ron
[10:25] {Threei} over 1:1
[10:26] {Threei} stop to .95 for second haf;
[10:26] {ese} good morning....welcome to my nightmare......parent phone calls and emails to deal with at 6am
[10:26] {Threei} yikes
[10:26] {Threei} hi ese
[10:26] {ese} hey vad
[10:27] {Threei} next push should be to over .20
[10:27] {Threei} plan is to sell 1/4 somewhere in .25 vicinity
[10:27] {Threei} and last peice closer to .40 - .50
[10:28] {Threei} just no shakeouts pls
[10:29] {Threei} with 13 cents banked and 4 cents risk, I think it's worth it
[10:29] {Threei} vs taking a scalp I mean
[10:31] {Threei} wolves decided otherwise
[10:32] {ese} L pten .62
[10:32] {Les} half out crus .10 +.07
[10:33] {Threei} did I just hear this for real?
[10:34] {Threei} "I would love to spend my time venting and yelling at people... but this is not the job I was elected to do"
[10:34] {nemo} ?
[10:34] {nemo} omg
[10:34] {Threei} exact quote
[10:35] {Les} he thinks people want him to get mad at others?
[10:35] {Les} doesn't realise people are mad at him
[10:37] {Threei} SPY and FAS lost direct connection
[10:37] {Threei} there is some of course but not as close as used to be
[10:37] {Les} another quarter Crus sold .20
[10:37] {dino} a clueless egomaniac
[10:40] {Les} anyone go for CRUS?
[10:42] {dino} scanners all green
[10:42] {Threei} CRUS nice find
[10:43] {Les} 1:3 all out CRUS
[10:49] {Threei} Long Setup: AIG half lot 35 break
[10:49] {Threei} if stays abive .90
[10:50] {nemo} lvs completing wedge
[10:51] {Threei} AIG's holding very well, now needs some market help
[10:52] {dino} problem is day 2 started
[10:53] {jfjf64} 3 centt spread aig
[10:54] {Threei} sigh
[10:54] {Threei} no help
[10:55] {nemo} and then snaps right back
[10:55] {nemo} volumes are solid
[10:59] {jfjf64} think start drinkin early todayyyyyyyyyyyyy
[11:00] {nemo} [08:34] {nemo} too early to start drinking?
[11:01] {jfjf64} lol
[11:01] {nemo} white wine is o.k. before noon, yes
[11:01] {nemo} ?
[11:01] {nemo} grape juice :)
[11:02] {shorty} Red wine too? It's grape juice, right?
[11:02] {Les} lovely warm afternoon here. beer o'clock started an hour ago.
[11:02] {nemo} sure
[11:02] {nemo} that means port too
[11:03] {nemo} o.k. jf, you persuaded me
[11:03] {jfjf64} gin dan
[11:04] {jfjf64} sig in one hand beer in other wayv to go nem
[11:05] {nemo} never thought of that
[11:05] {nemo} gotta' get the m4 out
[11:06] {jfjf64} hey 3i on fridays will ya be doing recap of charts
[11:07] {shorty} M4? I don't have a lot of friends nemo, but you know you are one of them, right?
[11:07] {Threei} recap?
[11:07] {Threei} all of them?
[11:07] {jfjf64} best of
[11:07] {nemo} too funny shorty
[11:07] {jfjf64} lol
[11:07] {Threei} gosh... more work?
[11:07] {jfjf64} really nice though
[11:07] {jfjf64} like it
[11:08] {Threei} ty
[11:08] {nemo} yeah, looks great
[11:08] {Threei} but so far, this is far as I am willing to go in adding workload
[11:08] {jfjf64} babby steps
[11:08] {Les} my 1:6 FAZ trade didn't even make it on the trading log yesterday :(
[11:09] {dino} sm l fdx .23
[11:09] {Threei} huh?
[11:09] {Threei} one that happened when I was not here?
[11:09] {nemo} rimm maybe short?
[11:09] {Les} yeh, I was so proud of that
[11:10] {jfjf64} lk it nemo
[11:10] {Threei} so how do you suppose I should jknow about it?
[11:10] {nemo} looks good
[11:10] {jfjf64} .99
[11:10] {jfjf64} in
[11:10] {Les} you didn't even read the log when you got back :(
[11:10] {dino} you have that 3rd eye, you should have seen the les trade
[11:10] {Threei} Les... what log?
[11:11] {Threei} if my computer is not connected, where would the log come from?
[11:11] {nemo} he published a clipped log when he left
[11:11] {Les} how are we able to maintain a log now if your computer isn't connected?
[11:11] {Threei} log it on your computer
[11:11] {Threei} via mirc
[11:11] {Les} server is somewhere else is it?
[11:12] {Threei} this is not a server log, this is local computer
[11:12] {nemo} jf, rimm looks like Qs
[11:12] {Threei} server is not logging them
[11:12] {jfjf64} that goodd or bad
[11:12] {nemo} as goes Qs so goes Rimm
[11:13] {jfjf64} comon rimm
[11:14] {Threei} with market help, can drop to about .65
[11:15] {nemo} scalp and scrap day
[11:16] {Threei} well, you have 1:1
[11:16] {nemo} wow index strength(if you want to call it that) and rimm weakness
[11:16] {Les} looking for a gap close on ANF to .25 s.81 small
[11:16] {Threei} to me, looks capable of more
[11:16] {jfjf64} half out
[11:16] {nemo} yeah, given that relationship
[11:18] {Threei} 1:2
[11:19] {jfjf64} 1/4 .77
[11:19] {Threei} 1:3
[11:19] {nemo} the broken clock strikes again!!
[11:20] {jfjf64} done
[11:20] {Threei} and here is my .65
[11:20] {jfjf64} nice findNEMO
[11:20] {Threei} over and out
[11:21] {Threei} beautiful
[11:21] {Threei} that makes today's chart of the day
[11:21] {Threei} textbook
[11:21] {jfjf64} LOL
[11:21] {Les} what a load of horse manure!
[11:21] {nemo} Les...it was text book
[11:21] {Threei} excuse me?
[11:21] {Les} just baggin nemo
[11:21] {jfjf64} ??les
[11:22] {Threei} oh... feel free then
[11:22] {RonS} euro looking to break 1.20 but being defended
[11:22] {Les} he knows who those comments were directed to
[11:22] {Les} I took CRUS for a .20 ride down
[11:22] {Threei} but you never alerted that
[11:22] {Les} so missed your RIMM nemo. but good call
[11:22] {nemo} :)
[11:23] {jfjf64} nemo ya missed
[11:25] {jfjf64} well i will tk it as early bday present nemo ty
[11:30] {nemo} RIMM, the gift that keeps on giving :)
[11:31] {Threei} Euro vs US Dollar Euro approaching 1.20 figure for fresh 4-year lows
[11:31] {Threei} - Last tested below the 1.20 handle on Mar 27th 2006
[11:35] {RonS} busted it
[11:36] {Les} crus .75 b/d
[11:37] {Threei} EUR/USD *BREAKS BELOW 1.2000
[11:37] {Threei} reminder 1.18 is the next big level dealers are fucusing on as it was the level at the launch
[11:37] {Threei} fucusing, eh
[11:37] {nemo} rimm looks long
[11:38] {nemo} he speaks threeeish
[11:39] {nemo} think rimm could go to .90-.95
[11:42] {nemo} Qs hit the 200, that might be it for rimm unless they break through
[11:43] {Les} which I've updated to now
[11:43] {Les} looking at how piss weak this market is
[11:43] {Les} wouldn't be suprised to see sell off and falling out of this wedge/off a cliff
[11:44] {Les} but I'm open to anything
[11:44] {magoo} what u got DINO?
[11:45] {Les} or Dino's trades could work superbly today :)
[11:45] {dino} waiting
[11:45] {magoo} flat?
[11:45] {dino} otm on a few small ones
[11:45] {dino} ups, fdx
[11:46] {dino} watching clh break of .50, was good to me earlier
[11:47] {nemo} getting a longer base in lvs
[11:48] {dino} mat try cat again
[11:49] {dino} may
[11:49] {Les} gold miners going for it
[11:50] {nemo} frickin LVS breaking trend
[11:50] {shorty} dino, went long on FDX .75, thought you might care.
[11:50] {dino} uso confuses me
[11:50] {nemo} ?
[11:51] {dino} ok shorty
[11:51] {dino} uso, stopping drilling and drops
[11:51] {Les} uso not just a casino stock?
[11:52] {dino} us oil fund
[11:52] {dino} altho, all stocks are like casino betting
[11:53] {dino} rino holds well
[11:53] {Les} yeh, but being abused like its a gambling stock dino. I see no fundamentals for it
[11:53] {dino} ok
[11:53] {dino} ed's up, apol, esi
[11:53] {Les} my impression anyway
[11:54] {dino} everything imo les
[11:54] {RonS} uso, ung get played when they are forced to roll their futures contracts. as a result they are worthless imo
[11:57] {Les} crap miners really going for it
[11:57] {RonS} gld running
[11:58] {nemo} hungary
[11:58] {RonS} eat lunch
[11:58] {nemo} having a liquid one :)
[11:59] {nemo} x look interesting vad
[11:59] {Threei} hmmm
[12:00] {Threei} I'd say short vs long is 51/49... :)
[12:00] {nemo} order at .77
[12:00] {Les} $ rocketing too
[12:00] {Les} something happened just now?
[12:00] {Les} any news?
[12:00] {nemo} .76 the low
[12:01] {Threei} well
[12:01] {Threei} HU) Hungary Opposition Party chief: Country not near default
[12:01] {Threei} - Reminder: Earlier the new Fidesz Govt claimed that the prior Govt manipulated economic figures that default was not an exaggeration
[12:01] {Threei} - Note: Earlier the Former Fin MIn claimed that Hungary was in no way near default
[12:01] {nemo} Les, Euro got pummeled that's why $ going
[12:01] {Threei} see, twice a day they said Hungary is not near default
[12:01] {Les} so what happened? just technical trading?
[12:01] {Les} oh ok
[12:01] {Threei} first time traders got suspicious
[12:01] {nemo} Methinks they protesteth too much
[12:01] {Threei} second, they got reassured that indeed is the case, lol
[12:01] {nemo} bye X
[12:01] {Threei} it's pure case of "bank needs no more capital"
[12:02] {nemo} I'm frickin clairvoyant today
[12:02] {dino} the siren song
[12:02] {nemo} I should drink more often
[12:03] {Les} s APOL .09. riding market down
[12:03] {dino} 10k coming fast
[12:03] {Les} haha there goes that the rising wedge
[12:04] {shorty} stopped FDX
[12:05] {Threei} this is from this morning:
[12:05] {Threei} 09:00] {Threei} EU) France Fin Min Lagarde: G20 has been reassured by the European rescue package
[12:05] {Threei} [09:00] {Threei} - Reiterates euro is a credible currency
[12:05] {Threei} [09:00] {Threei} - Says ECB has acted responsibly
[12:05] {Threei} [09:00] {Threei} - Reiterates euro is a credible currency {--- yep
[12:05] {Threei} [09:00] {Threei} so credible that there is a need to reiterate this point every single day
[12:05] {Threei} [09:00] {Threei} multiple times
[12:05] {Threei} [09:01] {Threei} and banks needed no more capital
[12:07] {Les} cover APOL +.20
[12:08] {jfjf64} back miss anythin
[12:08] {Threei} we are about to go in panic mode it feels
[12:08] {jfjf64} wow lk at rimm
[12:09] {nemo} Black Friday before Black Monday it's the Apocyclipse
[12:11] {dino} fdx sm l .50
[12:12] {dino} gj les
[12:13] {Threei} this bounce is a good opportunity to start looking for short entries, IMO
[12:13] {nemo} rimm still weak even with Qs rising
[12:15] {Threei} GRMN Receives Court Approval for Change of Place of Incorporation to Switzerland (31.97, -0.81, -2.47%)
[12:16] {Threei} from the Cayman Islands
[12:16] {Threei} Les takes business away from poor islanders
[12:17] {dino} so close to dji gap
[12:17] {dino} clh sm l .51 wide
[12:18] {Threei} meanwhile, all the problems being solved,
[12:18] {Threei} FDA notes that new warnings on smokeless tobacco ads begin June 22
[12:20] {Threei} looking at FAZ, does it feel like 16 break will be launching pad?
[12:20] {Threei} daily chart
[12:21] {shorty} out UPS +.30
[12:21] {dino} gj
[12:21] {jfjf64} that a boy shorty
[12:21] {shorty} ty
[12:22] {Threei} quite a progress in short two months, eh
[12:22] {shorty} Still make some stupid moves though Threei. But, I am having more fun.
[12:22] {Threei} well, I have bad news and good news
[12:23] {shorty} They will continue.
[12:23] {Threei} bad is, making stupid moves will continues for a while
[12:23] {Threei} getting rid of them is not an event, it's a process
[12:24] {jfjf64} agree
[12:24] {Threei} good news is, they will be less frequent and their outcome will be less destructive,
[12:24] {jfjf64} 1 year process
[12:24] {jfjf64} 4 me
[12:24] {Threei} until at some point they'll become just an insignificant part of the routine
[12:24] {Threei} time varies from 6 months to 2 years, in my observations
[12:25] {Threei} with 6 months being rare,
[12:25] {shorty} I lost a lot of money when I started this venture a few months back. I am afraid to say it but, it's about 3k up until today.
[12:25] {Threei} anothere from year to two being closer to norm
[12:25] {Threei} anothere?
[12:25] {Threei} anywhere
[12:25] {Les} I'm doing better this week shorty
[12:25] {shorty} I can tell Les.
[12:26] {Les} Trev close to having my account ready
[12:26] {Les} started to focus my trading
[12:26] {Les} hardest part is ditching dubious setups
[12:26] {Les} but as this market continues to fu&% like it does now
[12:26] {Les} gets easier to see when to trade and when to have a beer
[12:27] {nemo} why are they mutually exclusive?
[12:27] {Les} because I become a horrible monster on the piss
[12:27] {nemo} ?
[12:28] {shorty} I feel less, that is for sure. That is not because of the whiskey.
[12:28] {shorty} kid crying, brb
[12:28] {dino} lol
[12:31] {jfjf64} my biggest prob year in is when i start thinkin i know what way market going when i read tape higher percent winners very simple
[12:34] {shorty} Anyone drive a suburban or an expedition? Looking for a new vehicle due to the new addition coming up in 8 months or so. Thinking van, but I might need the towing power, and no not for my fat a##.
[12:37] {Les} I recommend:
[12:37] {Les} http://en.wikipedia.org/wiki/Citro%C3%ABn_C3
[12:38] {nemo} don't sell them over here
[12:38] {Les} you useless capitalist gas guzzling truck driving anti communist pigs
[12:38] {nemo} ty
[12:40] {dino} i like them both shorty
[12:42] {jfjf64} faz 16 watch is on
[12:43] {shorty} you drive them both dino?
[12:46] {ese} whoaaaa!!!! I'm outta here see ya Monday......phones been ringing off the hook. Vad when you look at the paper there was a student stabbeda and killed downtown last night.....He was a student at my high school...catch you all monday
[12:46] {ese} stabbed
[12:46] {Threei} ouch
[12:46] {Threei} take care ese, see you monday
[12:47] {ese} cya
[12:47] {shorty} bye ese
[12:49] {dino} no shorty, but friends had them
[12:49] {jfjf64} im out here also guys nice week ty 3i
[12:49] {dino} i have durango
[12:50] {dino} cya es, jf
[12:50] {Threei} take care jf
[12:51] {shorty} bye jfjf64
[12:54] {dptl} i suck big time....gonna take week off....see ya all in a week....have to clear my mind once again.........have a good weekend all
[12:54] {dino} cbst
[12:55] {Threei} take care dp
[12:55] {Threei} no panic
[12:55] {dino} been tough dp
[12:55] {Threei} for now at least
[12:55] {Threei} market stabilized
[12:55] {Threei} but feels very fragile
[12:56] {RonS} cbst news 3i?
[12:56] {dino} news cbst?
[12:56] {dino} nothing at yahoo
[12:57] {dino} or cyber
[12:58] {shorty} cya dptl
[12:58] {Threei} BP S&P lowers rating one notch to AA- from AA
[12:58] {Threei} - Follows Fitch and Moody's yesterday
[12:59] {Threei} CBST, no single line since May 28
[12:59] {Threei} here it is
[12:59] {Threei} CBST Hearing strength being attributed to possible settlement with Teva on Cubicin (22.68, +1.17, 5.44%) (related TEVA )
[12:59] {dino} 23.35 waiting short
[13:00] {Threei} Note: Cubist filed the lawsuit in response to an Abbreviated New Drug Application (ANDA) filed by TPM seeking U.S. FDA approval to market a generic version of CUBICIN (daptomycin for injection) prior to the expiration of Cubists patent rights.
[13:05] {dino} in
[13:06] {dino} cov .81, +.56
[13:07] {shorty} again, deer in headlights. I watched it hit your target thinking I would join you, but nope. Nice on dino
[13:07] {dino} ty, almost got stopped
[13:07] {Threei} CBST Spokesperson reportedly declines comment on court case cancellation (22.96, +1.45, 6.74%) (related TEVA )
[13:07] {shorty} 5 min chart or 15?
[13:09] {dino} 1 min/1 day
[13:11] {dino} brb
[13:17] {nemo} crissakes, we coulda' gone short anything and left for the day
[13:17] {dino} out clh flat
[13:17] {shorty} lol nemo
[13:18] {dino} gaps dji 9974, s/p 1070 and 1067
[13:18] {dino} ndx should not come into play today imo
[13:18] {Threei} again coming panic feel returns
[13:18] {larisa} feelings again ? :)
[13:22] {Threei} yeah
[13:22] {Threei} something's worng wirth me
[13:22] {Threei} really :)
[13:23] {Threei} RIMM short...
[13:24] {Threei} quite tempting
[13:27] {Threei} hit 1:1 if you got tempetd
[13:33] {dino} clh held
[13:36] {Threei} Fox's Gasparino: Pay Czar Feinberg may be looking to pursue clawbacks on some financial firms for 2008 compensation
[13:37] {Threei} is he pay czar or no pay czar?
[13:39] {Threei} reminds me a soviet policeman from a joke - guy refused to break up street fight motivating his decison by ity being a disorder... while his job description was to maintain order
[13:46] {shorty} lol..Threei
[13:46] {shorty} no crickets here
[13:50] {Threei} total stall
[13:54] {dino} bth taking a bath
[13:54] {Threei} panic comes closer
[13:54] {Threei} {larisa} enough with feelings already
[13:55] {dino} you talking to yourself
[13:55] {Threei} what can I do if no one elese wants to talk to me
[13:55] {dino} just sign
[13:56] {dino} out
[13:56] {dino} lol
[13:56] {dino} here come the gaps
[13:56] {Threei} but then how do I pretened that I do have some lively conversations
[13:57] {dino} lively? thats pushing it :O
[13:57] {Threei} we are talking about my imagination, remember?
[13:57] {dino} indeed
[13:58] {Les} we putting you on the couch for a consultation Vad?
[13:59] {Threei} that's not the turn of the conversation I envisioned
[13:59] {dino} sheesh give the s/p 5 pts down and get the gap outta the way
[14:02] {Les} fdx 80 b/d looking good. stop a bit wide
[14:03] {dino} bth sm l .85 gappy
[14:03] {dino} clh .35 sm l
[14:04] {dino} gut says up
[14:05] {dino} contra-hour, lets see if it works
[14:05] {Threei} British Petroleum plc Updates cap program; oil and gas collection is from well is being gradually increased
[14:05] {Threei} - Exec: Cannot yet confirm earlier Coast guard estimate that the company is capturing 1K bpd from the well using the containment cap. To give an update each morning on oil capture rate.
[14:09] {dino} here comes the gap fill
[14:11] {Threei} FAZ broke 16
[14:15] {shorty} dino, thought on UPS?
[14:17] {Les} gut says up dino, but too frigin easy to see it IMO
[14:17] {dino} whoosh to .50s then up
[14:18] {Les} jeez, market beginning to play nice again? find that hard to believe...
[14:19] {Les} anf might a reversal candidate if the end is up
[14:20] {Threei} I hope it will
[14:20] {Threei} we are in that pattern that I hate,
[14:20] {Threei} early activity and then a stall for the rest of the day
[14:20] {Threei} hopefully it's not for long
[14:20] {Les} sneaky fdx busted stop by .02 then reversed down
[14:20] {Threei} I prefer more evenly spread out
[14:21] {Les} I must admit the reduced stress would be nice
[14:21] {Les} I don't the market very well, so am I learning at a particularly difficult time?
[14:22] {Threei} don't jump on anything that moves or pretends to move, your stress level will go way down
[14:22] {Threei} wait for real trade
[14:22] {nemo} ohhhh....jump on trades.....nevermind
[14:22] {dino} better not knowing anything les, everything i was taught about it went out the window in '08
[14:22] {Les} yeh learning that slowly
[14:22] {Les} cats and dogs nemo
[14:22] {dino} living in sin nonetheless
[14:23] {Les} really? so that was bad times?
[14:23] {dino} basically, fundamentals don't mean sh*t
[14:24] {Threei} this is not what dino means
[14:24] {Threei} trading wise it was fine
[14:24] {Threei} his pioint is:
[14:24] {dino} yes
[14:24] {Threei} everything you think you know about how economy functions and how market responds to it - forget it
[14:24] {dino} everything has changed
[14:24] {Threei} this all got screewed up badly
[14:25] {Threei} by idiots who think they can rule the economy and market
[14:25] {Threei} decree them to behave
[14:25] {Threei} will the outcome
[14:25] {Les} ok, but what I would like to know
[14:25] {Les} is am I learning the hard way?
[14:25] {Les} or is the par for the course?
[14:25] {Threei} I don't know how to answer that
[14:25] {dino} imo more violent
[14:26] {Threei} there is no particularly good or bad time to learn
[14:26] {Threei} it changes,
[14:26] {shorty} bring it on!
[14:26] {Threei} but not in terms of gopod and bad
[14:26] {Threei} more volatile or less,
[14:26] {Les} well I would have been happy to learn in 1998 vad!
[14:26] {Threei} more rapid change or less
[14:26] {Threei} bull or bear
[14:27] {Threei} etc
[14:27] {Les} ok
[14:27] {Threei} whenever you start, you will go through all of them sooner or later anyway
[14:27] {Threei} and will have to learn to recognize and adjust
[14:27] {Threei} then at some point you realize
[14:27] {dino} it always changes les, but look 08 to early 09, just pretty much down, then pretty much up. now last two months like ytrading a week in a day up/down/up/down.......
[14:28] {Threei} that even though there is something new al the time,
[14:28] {Threei} on some basic level you have already seen it all
[14:28] {Les} dino dcc
[14:29] {Les} so after 14 years can you say that you've seen this show before vad?
[14:29] {Threei} exactly
[14:29] {Threei} look at it this way
[14:29] {Threei} you may have never seen drop of 995 points in 20 min
[14:29] {Threei} but you have seen other panic selloffs
[14:29] {Threei} and this one is not any different
[14:29] {Threei} other than scale
[14:30] {Threei} and speed
[14:30] {dino} bingo, thats the difference, we do it in a day now
[14:30] {Threei} but mechanics, reasons, people's behavior - they are the same
[14:30] {dino} 1070 filled, 1067 target for bounce
[14:30] {Threei} you saw many people saying:
[14:31] {Threei} this year-long rally is manifactured, it's unnatural,
[14:31] {Threei} and trying to short it
[14:31] {Threei} you saw me saying - there is nothing unusual about it,
[14:31] {Threei} it's a trend, stay with it
[14:31] {Threei} why?
[14:31] {Threei} they never paid attention before
[14:31] {Threei} they thought they knew what market should do
[14:31] {Threei} why did I say what I did?
[14:32] {Threei} because for me, there was nothing new in the phenomenon of market going against the pbvious
[14:32] {Threei} I would be shocked if it did something different
[14:33] {Les} ok
[14:33] {Les} WFC at support
[14:33] {Threei} let me remind you one article..
[14:33] {Threei} http://blog.realitytrader.com/2009/08/trading-climate-new-or-same-old.html
[14:33] {Les} ok, while I read that have a look at wfc please
[14:36] {Threei} just moves with market
[14:36] {Threei} will do whatever market does
[14:36] {Les} yeh, looking at possible market reversal play
[14:37] {Threei} after you read it, try to look at the events of last two years from this point of view
[14:37] {Threei} and think, were they really materially different?
[14:37] {Threei} or quite predictable,
[14:37] {Threei} when you view them from trader's standpoint?
[14:37] {RonS} eur/jpy cross about to take out its lows
[14:38] {Les} well I see the Tao philosophy here
[14:38] {Les} ignoring the BS of "new paradigm"
[14:38] {Les} etc
[14:39] {Les} throwing one's beliefs out the window for a fresh start
[14:39] {shorty} "and couple I invented all on my own" I lol at that.
[14:40] {dino} 9974 filled
[14:42] {Threei} anyone went for FAZ break, let's start partialling out
[14:43] {Les} fdx struggling for direction t hese last minutes. mindful of reversal here.
[14:44] {dino} ups hit low .60s
[14:44] {Threei} so Les
[14:44] {dino} you guys just go short when i go to bus stop at 3:00
[14:44] {Threei} see now how it was not anything "new"?
[14:44] {shorty} Just thinking about that dino, you were right.
[14:45] {Les} yeh you're showing me the way from a trader's perspective
[14:45] {Les} as a uni student of politics
[14:45] {Les} and now english culture through literature
[14:45] {Les} I have been learning that "there is nothing new under the sun"
[14:46] {Les} it is useful to learn the same in economics and finance as well
[14:46] {dino} lol les, i have a bachelors' degree in business/finance, and i see that the books were pure b.s.
[14:46] {Threei} not when you understand the underlying principle
[14:46] {Threei} you just need to recognize the manifestation
[14:46] {Les} that's just it dino
[14:46] {Les} I found the basic introductions to international politics BS
[14:47] {Les} when I learnt from here and other blogs how politicians and finance functions
[14:47] {dino} yes and the intellectuals are running the govts off of books that are quite frankly, wrong
[14:48] {shorty} I would like to talk politics with you guys, but my ignorance saves me.
[14:48] {larisa} come to my corner, shorty :)
[14:48] {Les} I have put uni bachelor on suspension
[14:48] {dino} makes me think of anaconda(?) copper/fancisco
[14:48] {shorty} :) larisa
[14:49] {Les} because I have learnt all that it useful from what I am learning
[14:49] {dino} s/p gap filled 1067, finally
[14:49] {Les} but no reversal yet
[14:50] {Threei} second exit FAZ here
[14:50] {dino} into the close, shorts will start to cover imo, g20 meeting this weekend
[14:50] {RonS} eur/jpy at 109.58...just yesterday it was above 114.
[14:51] {shorty} your call dino, I will follow.
[14:51] {Threei} WFC broke down with market
[14:52] {dino} trade what you see, no bets yet
[14:59] {Threei} out FAZ in full
[14:59] {dino} ppt will close it at 10k
[14:59] {dino} back in 10
[15:01] {Les} sm long FAS .56
[15:05] {Threei} hmmm
[15:05] {Threei} you mean dino left yet you went long?
[15:05] {Les} look at his closing remarks
[15:06] {Les} "they" will close dji at 10k
[15:06] {Les} I'm all in!
[15:10] {dino} back
[15:11] {Les} http://www.youtube.com/watch?v=H9fyOFefirQ
[15:11] {dino} rino l .65
[15:12] {dino} stop is .49
[15:15] {Les} l clh .21 stop 63
[15:19] {dino} whr
[15:20] {dino} around 96.10 maybe w/stop .74ish
[15:21] {dino} pulper usually
[15:21] {dino} wait
[15:22] {dino} .82ish was prior support
[15:26] {Threei} Only 23% Favor Government Mortgage Help
[15:27] {Les} fas is stopped. I'm a greedy pig and .30 wasn't enough...
[15:29] {dino} whr sm l .55
[15:32] {nemo} ppt better hurry up
[15:32] {dino} 3:40
[15:32] {nemo} funny dino, you left market went up...you came back, went down
[15:32] {Threei} they can't... they are all in Europe
[15:32] {nemo} yeah, that's what I figure
[15:32] {dino} south korea i think
[15:32] {nemo} I'm watching tna and fas
[15:32] {nemo} oh yeah, Bilderberg this weekend
[15:33] {dino} pwrd stopped -.16
[15:33] {nemo} if ppt doesn't intervene, monday will be horrible
[15:33] {dino} that was rino, my mistake
[15:34] {nemo} here it is
[15:34] {shorty} dino, you got hit at .49?
[15:34] {shorty} RINO
[15:34] {dino} the risk to shorts is a coordinated rate cut w/govt backing debt
[15:35] {dino} the only way out imo, is to re-inflate it
[15:35] {nemo} yeah, look how well that worked for the Greece situation
[15:35] {nemo} I'm bettin' it doesn't stick this time
[15:35] {dino} for politicians that is
[15:35] {Threei} they casn't do it as freely as US can, dino
[15:35] {dino} problem is the reinflation trade keeps getting shorter and debts bigger
[15:36] {Threei} their problem is monetary union wiht no fiscal/policy union
[15:36] {dino} i know vad, but what else can the pretend to do. its that or default, default woul;d clear it faster, but they do not have the guts to do that
[15:36] {Threei} they have single currency, yet differing fiscal and policy states
[15:37] {Threei} right
[15:37] {dino} understand it i follow it closely
[15:37] {Threei} so it will be done against their weill, and their resistance will prolong the agony and make the crash even more painful
[15:37] {dino} again, they will be thrown oput, they will try the inflatoion way first, otherwise taxes and everything else dry up, via deflation
[15:38] {Threei} yup
[15:38] {Threei} in my mind, the end is inevitable, but ther biggest problem really is:
[15:38] {dino} agree, they are grabbing at straws
[15:38] {Threei} their atempts to resist the unavoidable may lead to rweally bad things
[15:38] {Threei} blood
[15:39] {Threei} social unrest exceeding "normal" so to speak
[15:39] {nemo} oh, there will be riots there and likely here also
[15:39] {Threei} and in worst case scenario, local wars
[15:39] {dino} history rymes
[15:39] {dino} yes
[15:39] {nemo} o.k. dino it's time...
[15:40] {Threei} by trying to keep it together, they pitch nations, countires and classes against each other
[15:40] {dino} giddy-up
[15:40] {nemo} I'm hearing REM...."It's the end of the world as we know it....
[15:40] {nemo} "
[15:40] {Threei} not really... how old in Euro as currency?
[15:41] {nemo} I think I was using marks in 2000, but can't be sure
[15:41] {dino} agree vad. should have let greece default a month ago, re-structure, and move on. they are wasting time and money
[15:41] {nemo} when I was in germany
[15:41] {dino} dumb ass keynesians
[15:41] {Threei} there you go
[15:41] {Threei} it's simply goping to be return to the world without euro and EMU
[15:41] {nemo} no short covering yet
[15:41] {Threei} I see new lows in cards
[15:41] {Threei} no covering
[15:41] {dino} suppy side is the only way out. "get out of our way
[15:42] {dino} missing ron reagan
[15:42] {nemo} holy doo doo
[15:42] {nemo} batman
[15:42] {nemo} quick batton down the hatches, throw the women and children out!
[15:42] {RonS} margin selling coming in
[15:43] {dino} cut whr flat, had .50
[15:43] {nemo} lucky boy
[15:43] {Threei} 08:24] {Threei} any attempt to rally will be used to sell as much as possible,
[15:43] {Threei} [08:26] {Threei} we are rather in "be ready to panic" environment
[15:44] {larisa} hhmm :)
[15:44] {dino} stopped clh -.35
[15:44] {Threei} see?? FEEEEELINGS.... :)
[15:44] {dino} freaking whr
[15:45] {Threei} wow
[15:45] {RonS} rinse cycle on the washer?
[15:45] {Threei} look how transit gloria mundi
[15:45] {Threei} AONE
[15:46] {Threei} lol Ron
[15:46] {nemo} watching fas and tna, they still haven't broken trend lines
[15:48] {nemo} Jesus, Mary and Joseph....wow
[15:50] {dino} i feel stupid on whr
[15:50] {dino} paniced out
[15:50] {Threei} dino, got a beutiful quote for you
[15:50] {shorty} are you still in RINO dino?
[15:50] {Threei} Ed Seykota
[15:50] {dino} no see above
[15:50] {Threei} If you want to avoid whipsaw losses - stop trading
[15:51] {shorty} I asked if it hit .49, if it did my stop never triggered.
[15:52] {dino} hit .47
[15:52] {shorty} hmmmm
[15:53] {dino} hmm, not showing tho, saw .47.48.49 print
[15:53] {dino} sm l whr .30
[15:53] {Threei} new high FAZ
[15:54] {shorty} Have a great weekend all, see you guys on Monday.
[15:54] {Threei} take care shorty
[15:54] {dino} cya shorty
[15:55] {nemo} have a nice weekend short stuff
[15:55] {Threei} whole 6 minutes of trading yet, and he leaves...
06[15:55] * nemo slaps Threei around a bit with a large trout
[15:55] {Threei} ok, 5
[15:55] {nemo} no covering to speak of, oy vay
[15:55] {Threei} 15:41] {Threei} I see new lows in cards
[15:55] {Threei} [15:41] {Threei} no covering
[15:56] {nemo} yes..saw that...no covering at all though
[15:56] {shorty} This is the time Telus decides to upgrade a router, and voila! I am stuck in a position all weekend.
[15:56] {nemo} call your broker
[15:56] {nemo} have him get you out
[15:56] {Threei} have your broker on speed dial for this kind of things
[15:57] {Threei} hi, this is account numer xxx, GET ME OUT NOW!!!!
[15:57] {Threei} practice this scream
[15:57] {Threei} when you manage to stop planes in the air with your voice, you reached true mastery
[15:58] {shorty} I do have them on speed dial, but I worry.
[15:58] {Les} we can do this to trev vad?
[15:58] {nemo} yes Les
[15:58] {Threei} of course
[15:59] {nemo} o.k. I'm off hasta monday...P&Q
[15:59] {Les} ciao man
[15:59] {Threei} thank you all
[15:59] {larisa} bye all :)
[15:59] {RonS} cya nemo
[15:59] {Threei} have a great relaxing weekend
[15:59] {Les} yeh a good week thanks
[15:59] {dino} out whr .60, +.30
[16:00] {Threei} see you all on Mionday
[16:00] {dino} out bth -.40
[16:00] {Les} a lundi