Tuesday, June 29, 2010

Jun 29 2010

Nicely profitable day with all calls working on both short and long sides: LVS, BP, FCX, CAT. No interesting charts to show though, standard stuff.

Session Time: Tue Jun 29 00:00:00 2010

[08:01] {hawk} good morning
[08:09] {Threei}  you promise?
[08:36] {Threei}  sudden bout of happiness BP
[08:44] {strider} CAT on CNBC
[08:47] {Les} damn just interrupted my brain thinking something...
[08:47] {Les} afternoon all
[08:47] {Threei}  that'll cost you
[08:47] {Threei}  dearly
[08:48] {hawk} moved over the weekend, computer/inet probs to fix.  back later (kicks computer)
[08:48] {Les} nice gap down day. gonna be a dino day today maybe
[08:49] {larisa} gm :)
[08:49] {Threei}  larisa :)
[08:49] {larisa} :)
[08:54] {dptl} morning
[08:56] {Threei}  dp :)
[08:57] {Les} http://uploads.mibbit.com/r0qYFR.gif
[08:57] {Threei}  US) Preview: April S&P/Case-Shiller Home Price Index expected out at 09:00 ET
[08:57] {Threei}  **Consensus estimates: April Composite-20 Y/Y: 3.4%e v 2.3% prior; Home Price Index: 144e v 143.35 prior
[08:57] {Les} found u a hugh jackman lookalike lari :)
[08:58] {Les} just jack
[08:58] {Les} u don't even need to go to Oz...
[08:59] {Les} well i thought it was cute :(
[09:00] {Threei}  (US) S&P/Case-Shiller Composite-20 Y/Y: 3.81% v 3.4%e; House Price Index: 144.6 v 144e
[09:01] {RonS} gm all...let the gap chat begin...
[09:01] {Threei}  ron :)
[09:01] {Threei}  we need dino for that
[09:03] {Les} this is the day dino's computer breaks down
[09:04] {Threei}  just when it looked like complete breakdown for BP, something sent it up
[09:04] {Threei}  (SP) S&P states that Spain's regions cost reductions may not go far enough
[09:06] {shorty} morning
[09:07] {Threei}  shorty :)
[09:07] {RonS} everyone wants to set policy, even the Russians...
[09:08] {Threei}  ?
[09:08] {shorty} Spy
[09:09] {RonS} http://www.nytimes.com/2010/06/29/world/europe/29spy.html?hp
[09:09] {shorty} They caught 10
[09:10] {Les} what disturbs me is that this is being trumpeted to all. smacks of cold war politics
[09:10] {Threei}  larisa, dp... time to go dark... when Ilana wakes up, warn her too
[09:10] {RonS} lol
[09:11] {Les} make us money vad and we'll turn a blind eye
[09:11] {Threei}  I do year in year out... no credit earned still??
[09:11] {Threei}  oh, I forgot... "you are only as good as your last call" :)
[09:13] {Les} hmmm I missed your last call yesterday so it doesn't count
[09:13] {Les} RIMM was a beauty though
[09:13] {Threei}  and rthat was a very good one
[09:13] {Threei}  on otherwise very questionable day
[09:15] {ese} morning
[09:15] {Threei}  ese :)
[09:16] {Threei}  west coast life: spent two hours on the dock yesterday, enjoying views, ocean breeze, etc... with resulting catch of crab and shrimp for about $100 per retail prices - all for free and the freshest imaginable
[09:17] {Threei}  makes for a nice supper
[09:17] {Threei}  wow
[09:17] {Threei}  (GE) German Federal Labor Office: June jobless numbers cited by lawmakers earlier are NOT the figures to be released tomorrow
[09:17] {Threei}  ***Note that earlier in the session, there were unconfirmed reports that German June unemployment -110K v -30Ke. German June unemployment is scheduled to be released on Jun 30th at 3:55am ET and is historically leaked by the Labor Dept.
[09:17] {shorty} I am jealous Threei
[09:18] {RonS} ...sounds just great...
[09:18] {shorty} Fresh sea food.......yummmmm
[09:18] {Threei}  the taste is very different when it's right from the ocean
[09:18] {ese} any of those shrimp going to show up at the shiskabob party this saturday
[09:19] {Threei}  ummmm
[09:19] {Threei}  for that I'd have to put it in the freezer instead of eating it
[09:19] {Threei}  I opted for latter... sorry
[09:19] {ese} yes indeed....it wouldn't be fresh
[09:20] {Les} SPY looking for an excuse to b/d
[09:21] {bellowsbunch} gm
[09:22] {dino} gm all, watch the 6/9 gaps; 9899, 1778, 1055
[09:22] {Threei}  bellows, dino :)
[09:22] {Les} thinking down first dino then up?
[09:22] {RonS} ...deflation Les...
[09:22] {strider} morning folks.
[09:22] {ese} BB
[09:22] {Threei}  strider :)
[09:23] {strider} Nemo, is Laser working for us now?
[09:23] {ese} st
[09:23] {strider} ese
[09:23] {dino} dk les, let the markets tell me
[09:23] {Les} sure
[09:25] {dino} will most likely wait out first 20-30 minutes
[09:25] {ese} what?...........you mean you don't have a crystal ball........sheesh
[09:25] {Les} I thought he did, pulling off those trades yesterday
[09:26] {dino} "easy" button
[09:26] {RonS} 10 yr under 3%, w/ all this spending, debt, and two wars...whodathunk?
[09:26] {dino} magic 8 ball clouded over
[09:26] {Threei}  strider, laser's fine
[09:26] {magoo} morning
[09:26] {Threei}  mags :)
[09:26] {dino} deflation fears ron
[09:27] {jfjf64} mornin
[09:27] {ese} jf
[09:27] {ese} mags
[09:27] {Les} wow grandious entrance jf
[09:27] {jfjf64} ese
[09:28] {Les} where do i get "Les is back" sign for morning entry
[09:28] {Threei}  jf :)
[09:29] {jfjf64} 3i
[09:29] {jfjf64} radar
[09:29] {Threei}  84
[09:29] {jfjf64} 84
[09:29] {Les} my humour clearly sucks this morning
[09:30] {Threei} Short Setup: LVS  .40 break
[09:30] {Threei}  stop above .55
[09:31] {Les} half out .31
[09:32] {Threei}  1:1
[09:32] {Les} all out ty
[09:32] {Threei}  stop to above .40 who partials
[09:33] {dino} ctrp blood
[09:33] {Threei}  1:2
[09:33] {Threei}  1/4 more out
[09:33] {dino} whr -4+
[09:33] {Les} BP
[09:34] {Threei}  out in full
[09:34] {jfjf64} bac
[09:34] {Threei}  40 cents is enough for the first trade and for 4 min works
[09:34] {jfjf64} ty
[09:34] {Threei}  this is the one that got away yesterday morning, lol
[09:34] {rdw09} thx threei, + 0.31
[09:35] {Threei}  welcome
[09:35] {jfjf64} thoughts
[09:35] {jfjf64} bac
[09:35] {lasertrev} morning
[09:35] {Threei}  trev :)
[09:36] {Threei}  BP...
[09:36] {Threei}  watching for bounce setup
[09:36] {Threei}  don't be in a hurry to jump on it
[09:36] {Threei}  better miss it than be too early on it, this is treacherous stock
[09:37] {Threei}  let's see if it gives us double bottom
[09:37] {Threei}  .05 support
[09:37] {Threei}  dive under .10 once again
[09:37] {Threei}  holding .05, then crossing .10 again
[09:38] {Threei}  OK... looks ready
[09:38] {Threei}  and stop will be small enough
[09:38] {Threei} Long Setup:  BP  .10 break
[09:38] {Threei}  if stays above .05 for scalpers
[09:38] {Threei}  27 for day traders
[09:39] {Threei}  needs to take .15 to launch
[09:39] {Threei}  market loses support
[09:39] {Threei}  Euro hits fresh session lows against CHF, GBP, and USD
[09:40] {Threei}  EUR/CHF hits new lifetime low at 1.3225, EUR/GBP at lowest levels since 2008; EUR/JPY at levels not seen since 2001
[09:40] {RonS} aapl -6.50
[09:41] {Threei}  RIMM is strangely strong
[09:42] {Threei}  not anymore
[09:42] {Threei}  just delayed selling
[09:43] {Threei}  US President Obama scheduled to meet with Fed Chairman Bernanke today
[09:43] {Threei}  beer summit?
[09:43] {dino} s/p filled
06[09:44] * Threei kicks BP in the rear
[09:45] {Threei}  1:1
[09:45] {jfjf64} mgm  bounce
[09:45] {jfjf64} vad
[09:46] {Threei}  out in full BP, don't want to partial it
[09:46] {Threei}  not yet jf
[09:46] {Les} ty vad
[09:46] {gregns} ty got it
[09:46] {Threei}  :)
[09:46] {dino} -200 coming, gut
[09:47] {Threei}  my gut says dino's gut's right
[09:47] {nemo} I don't have a gut
[09:47] {nemo} my six pack says "vodka"
[09:47] {dino} those gaps on dji, ndx fill today, imo
[09:48] {Threei}  (US) Preview: June Consumer Confidence due out at 10:00ET
[09:48] {Threei}  **Consensus expectation: 62.5e v 63.3 prior (May reading of 63.3 was the highest since March 2008)
[09:48] {Threei}  - Estimates range between 59.5 to 65.0.
[09:48] {dino} interesting concept nemo
[09:48] {Les} my gut says small speculative short BP .19
[09:49] {magoo} its alreadsy -191
[09:49] {Threei}  oh, not a beer summit:
[09:49] {Threei}  US President Obama scheduled to meet with Fed Chairman Bernanke today and speak about the Economy
[09:50] {RonS} aapl -9.75
[09:51] {Les} stopped bp
[09:51] {dino} watching, fcx, clf, whr, ctrp, itri, fdx, ups
[09:51] {Threei}  stiull treacherous Les
[09:51] {dino} missed ndx gap by 4
[09:52] {Les} yeh 200 share risk small stop for possible big drop no go
[09:52] {Threei}  FCX...
[09:52] {Threei}  looks like nearing the bounce moment
[09:52] {Threei}  no clear setup yet
[09:52] {Threei}  prepare half lot
[09:53] {dino} whr sm l .00
[09:53] {Threei}  want pullback to .30 or just under
[09:53] {Threei}  for entry if holding .20
[09:54] {Threei}  ok
[09:54] {Threei}  cross back
[09:54] {Threei}  valid still
[09:55] {Threei}  in, half lot, .15 stop
[09:56] {Threei}  1:1
[09:56] {Les} out in full .40 ty
[09:56] {Threei}  half out for me
[09:56] {Threei}  stop to .20
[09:57] {dino} out whr .55, +.55
[09:57] {Threei}  stop to .30
[09:57] {jfjf64} go  baby
[09:58] {Les} ty dino late entry +.25
[09:58] {Threei}  gj guys
[09:59] {Threei}  out in full
[09:59] {Threei}  .63
[09:59] {dino} gj les
[09:59] {dino} wait for #s
[09:59] {jfjf64} nice
[09:59] {jfjf64} ty
[09:59] {jfjf64} done boys going  fishin
[09:59] {Threei}  yeah, that was nice of FCX to resolve before numbers
[09:59] {Les} jf sweeeeeeeeet
[10:00] {dino} must be bad
[10:00] {jfjf64} great sell 3i
[10:00] {Threei}  *(US) JUNE CONSUMER CONFIDENCE: 52.9 V 62.5E
[10:00] {Threei}  - Prior revised lower from 63.3 to 62.7
[10:00] {dino} ndx filled gap
[10:00] {Threei}  yuck
[10:01] {dino} dji filled, ok now we can work
[10:01] {Les} the consumer speaks
[10:03] {jfjf64} double  bott  mgm
[10:03] {Threei}  {MGM} I knew I had double chin...
[10:03] {ese} what are you thinking from here dino.....extreme pessimisim imho....mrkt reversa time
[10:03] {dino} yes
[10:03] {ese} reversal
[10:03] {dino} but may go -300ish
[10:03] {nemo} bounced right near 104.50
[10:04] {dino} for now bounce scalps imo
[10:04] {shorty} VMED Threei, anything you see?
[10:04] {ese} true
[10:04] {dino} pot under 90
[10:04] {Threei}  VMED?
[10:04] {Threei}  why?
[10:05] {shorty} To short
[10:05] {dino} would like rimm to fill that 48ish gap
[10:05] {nemo} bidu falling off the map
[10:05] {dino} sm l whr .26
[10:06] {dino} ma blood
[10:07] {magoo} dino, aapl, remember we talked puts?, crap
[10:07] {dino} yeah, ugh
[10:08] {dino} might be worth v sm l aapl magoo
[10:08] {ese} it's dn 10pts right now mags what would that have translated into
[10:08] {ese} or shall we say big profits
[10:09] {magoo} profits :)
[10:09] {dino} lol
[10:09] {dino} itri sm l .28
[10:09] {jfjf64} in mgm.16
[10:09] {ese} what would have been the strike on them
[10:10] {dino} v sm l ma .18
[10:13] {dino} -6.7% dji 6 day
[10:13] {jfjf64} faked  me out
[10:14] {dino} -9% ndx
[10:14] {dino} -7.5% s/p
[10:14] {dino} getting extreme
[10:15] {dino} es, we were just talking, didn't oursue them
[10:15] {dino} pursue
[10:19] {dino} holding lod so far
[10:21] {dino} v sm l .25
[10:24] {dino} playing games -230--244
[10:25] {dino} stopped whr -.10, stopped v -.15
[10:26] {nemo} fcx bpounce around .37
[10:26] {dino} another leg down imo
[10:26] {nemo} if the spy loses 104.50 definitely
[10:27] {nemo} there's you're fcx bounce
[10:28] {nemo} this is gonna' get uglier
[10:29] {Les} hmmm
[10:29] {nemo} kinda' like looking at Les' picture
[10:29] {Les} haha you beat me to it
[10:29] {nemo} of course
[10:29] {dino} roflol
[10:29] {dino} bday coming
[10:38] {dino} sm l whr .76
[10:39] {dino} meli sm l .85
[10:42] {dino} out whr .30, +.54
[10:44] {dino} v sm l .01
[10:46] {dino} trades are getting gappy
[10:51] {shorty} long LVS 23
[10:52] {RonS} Great news:  Teva Gets FDA OK of Generic Antidepressant Effexor
[10:53] {nemo} feels like lunchtime already
[10:53] {Threei}  finally
[10:54] {dino} whr sm l .00
[10:55] {dino} it does nemo
[10:55] {dino} giddy-up
[10:55] {Threei}  shorty, out yet?
[10:55] {Les} good catch shorty thanks
[10:55] {shorty} Yes out now
[10:55] {shorty} ty
[10:55] {nemo} bp happy
[10:56] {shorty} + .20
[10:56] {Threei}  you made my day by this trade
[10:56] {shorty} Really?  cool
[10:57] {Threei}  that was perfect setup,
[10:57] {Threei}  you found it by yourself,
[10:57] {Threei}  evluated, took it, played it out
[10:58] {Threei}  what better reward could I ask for as a teacher
[10:58] {dino} wtg shorty
[10:58] {Les} our paycheck?
[10:58] {shorty} I was watching it, and it looked like short to me.  It would dip 10 cents from .98.  It felt like sucking me in short.
[10:59] {Les} 30yrs indentured service to vad shorty... you didn't read the fine print when you signed up?
[10:59] {dino} wow, thats cheap, i pledged my soul
[11:00] {Les} ooh tough deal
[11:00] {shorty} ty dino.....Les, I never read the fine print.  I always use an alias.
[11:00] {Les} aaah trucker for life hey?
[11:01] {shorty} :)
[11:01] {Threei}  that was actually losing deal for me les - turned out dino has mortgaged his soul earlier to magoo for lifetime beer supply
[11:01] {shorty} Sign me up magoo!
[11:01] {Les} so you got what - carbon copy of soul?
[11:02] {Threei}  prolonged court battle with magoo
[11:02] {shorty} lol
[11:03] {dino} lol
[11:04] {ese} L nvda .65
[11:05] {dino} out ma .48, +1.30
[11:05] {Threei}  wtg
[11:05] {dino} v sm
[11:05] {shorty} 1.30 :O nice
[11:05] {dino} ty
[11:07] {strider} TSLA Tesla opens in 15 min.
[11:09] {dino} v sm l aapl .00
[11:10] {dino} rally
[11:10] {dino} all green
[11:10] {Threei}  Euro vs US Dollar Dealers note sovereign bids aiding EUR following EUR/USD holding 1.2150 level
[11:10] {Threei}  - S&P 500 failed to break through its lowest levels since 2009, USD trading off its best levels
[11:11] {nemo} spy at vwap now
[11:11] {Threei}  (US) President Obama: Agrees with Fed's Bernanke that the US economy is strengthening and in recovery; must increase economic growth to improve employment - comments after meeting with Bernanke
[11:11] {Threei}  - Some economic headwinds are due to trouble in Europe.
[11:11] {Threei}  - Economic trends will be good if the US extends unemployment benefits.
[11:11] {Threei}  - Believes senators from both parties will back FinReg bill.
[11:12] {ese} out nvda .76 +.11
[11:12] {Les} thanks dino v +.24
[11:13] {strider} good trade, ese.
[11:13] {ese} tks
[11:13] {ese} it's a good day
[11:15] {dino} is the market open monday?
[11:15] {dino} gj les, es
[11:15] {Threei}  - Economic trends will be good if the US extends unemployment benefits
[11:15] {nemo} no dino
[11:15] {Threei}  I am tryying to uinderstand the connection
[11:15] {dino} thx nemo.
[11:15] {dino} there is none 3i
[11:16] {Threei}  maybe that's why I can't understand it
[11:16] {dino} baazingga
[11:16] {dino} out v .40, +.39
[11:17] {Threei}  because if there were, then by simple logic the economic trends will be absolutely stunning if we extend unemployment ebnefits to 100% of popultion, and make those benefits of size allowing luxury living
[11:17] {Threei}  right? right?
[11:17] {Les} lol
[11:18] {Les} some idiot's been reading George Orwell, learning doublethink
[11:18] {dino} i'm telling you he's jim tagart and company
[11:19] {Threei}  yes but... where is John Galt?
[11:19] {Threei}  notice, I don't even ask who is he...
[11:19] {Threei}  I just want to know where he is
[11:20] {dino} afraid he died w/ron reagan
[11:20] {Threei}  then we are doomed
[11:20] {Threei}  (UK) ECB's Nowotny: Any financial transaction tax needs to include London
[11:20] {dino} for next two years, afraid so
[11:20] {Threei}  but of course
[11:20] {strider} Nemo...who is (was) Harry Kellerman (no googling)?
[11:21] {RonS} Sally's father
[11:21] {nemo} don't remember
[11:21] {dino} its as if they are trying to prove atlas shrugged wrong
[11:21] {ese} L nvda .69
[11:21] {ese} nice...... bumped up there instantly
[11:22] {Threei}  here is the funny part in that spy story
[11:22] {Threei}  Russian spy bosses feared their agents, ordered to go native in prosperous America, might be losing track of their official purpose. Agents in Boston submitted an expense report with such vague items as trip to meeting for $1,125 and education, $3,600.
[11:22] {Threei}  In Montclair, when the Murphys wanted to buy a house under their names, Moscow Center, or C., the S.V.R. headquarters, objected.
[11:23] {strider} "Who is Harry Kellerman and why is he saying those terrible things about me".....early Dustin Hoffman movie.
[11:23] {ese} lol
[11:23] {strider} bad early movie.
[11:23] {ese} out nvda .72
[11:24] {ese} +.03
[11:24] {ese} looking weak
[11:24] {dino} out whr .45, +.45
[11:25] {ese} well done dino
[11:25] {dino} ty
[11:25] {Les} good one. shook me out with new lod and i didn't get back on
[11:25] {dino} on round two?
[11:26] {Les} yeh
[11:27] {dino} you enter on way down or up?
[11:27] {dino} down i guess
[11:28] {dino} think you get another shot soon
[11:29] {Les} yeh getting the rhythm
[11:30] {RonS} ctrp news:  http://tinyurl.com/333c797
[11:31] {dino} ty ron,saw it on cyber before open
[11:33] {dino} i like it around 37.50
[11:46] {dino} v, ma moving up in this drop
[11:51] {dino} clf sm l .50
[11:57] {Threei}  market is locked solid...
[11:57] {Threei}  can't tell breakdown or fakeout and bounce
[11:58] {Les} yeh I am happy to see that I can resist trading it now, albeit making the odd stupid trade like shorting V
[11:59] {Les} when paper trading the ego spoke louder than the fake money
[11:59] {Les} not the case now
[12:14] {dino} v sm l .02
[12:25] {Threei}  let's hunt for longs on pullback, hesitantly
[12:26] {strider} bp
[12:29] {Threei}  noon time, let's make trades half lot
[12:29] {Threei}  CAT
[12:30] {Threei}  looking for little pulback and .45 break long if holding .35
[12:45] {Threei}  1:1, half out for me
[12:47] {dino} cat target 3i?
[12:47] {dino} breaking out imo
[12:48] {dino} talking to myself
[12:48] {Threei}  no
[12:48] {Threei}  thinkkng
[12:48] {dino} .95 was on my mind
[12:48] {nemo} probably test the high anyway
[12:48] {strider} uh-oh
[12:48] {Threei}  feels to me like can do 10-15 cents more
[12:49] {Threei}  then it's a toss up
[12:49] {dino} depends on mkt either way
[12:49] {nemo} Spy probably going to .85-.90
[12:51] {dino} nice thing about today, gaps are above now
[12:57] {Les} dino, ctrp long here?
[12:57] {dino} dk, seems stuck
[12:57] {Les} ok
[12:57] {dino} that .75 was hit area imo
[12:58] {dino} i wanted .50
[13:02] {ese} zzzzzzzzzzzzzzzzzzIUYytryiuyiuy.......snort....gazizzzzzz..........gaf....zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
[13:02] {dino} sorry on ctrp
[13:03] {dino} think ese just had a stroke
[13:03] {Les} no problem, market still not showing the way...
[13:04] {shorty} quick dino give him beer!
[13:04] {dino} lol
[13:04] {dino} could go for one, long day
[13:05] {shorty} It's beer season....for me that is.  
[13:06] {RonS} check C
[13:06] {dino} wow -17%
[13:06] {RonS} is it halted?
[13:06] {shorty} Remember last summer surfing in SD.  I would drink Bud lime, I know it sounds bad but that beer taste good on a hot day.
[13:07] {Les} definitely. 86F and sun sun sun for the last week here. that's beer weather
[13:08] {Threei}  IMF's Strauss Kahn: Working on a possible 'precautionary' credit line
[13:08] {Threei}  - Notes voting reform within the IMF is coming
[13:08] {Threei}  and yes,
[13:08] {Threei}  Halted: Circuit breaker due to volatility
[13:08] {Threei}  C
[13:08] {Threei}  this is funny
[13:08] {Threei}  15 cents orderly slide
[13:08] {Threei}  what's the necessity to halt it?
[13:08] {dino} i like bud lime on hot day, same w/miller chill
[13:09] {Les} c halted?
[13:09] {larisa} :)
[13:09] {dino} trading now
[13:09] {RonS} Democrats return to drawing board on Wall St bill       06/28 11:00 PM
[13:09] {Les} ok
[13:09] {RonS} Democrats mull stripping out $19 bln tax in bill
[13:11] {shorty} dino, might go fishing and drink beer.  Bad influence in this room.
[13:12] {Les} shorty, best time of day is coming up
[13:12] {shorty} for what Les?
[13:12] {Les} drink beer, put a line in your fish tank and watch
[13:12] {Les} all the MA's have closed in on the index's in 1 min. time frame
[13:13] {Les} I'm waiting for them to clear this resistance
[13:14] {dino} have fun
[13:14] {Les} http://ftalphaville.ft.com/blog/2010/06/29/273606/ecb-fixed-term-deposit-fail/
[13:15] {Les} appears ECB QE efforts hitting a snag
[13:15] {Les} reluctant bond investors
[13:17] {RonS} ...thye are playing a shell game...buying bonds and selling other assets...trying to snooker others; it ain't working...
[13:18] {RonS} ...in other words, there is no QE
[13:18] {Les} need to engage Cramer for their services. sell Euro bonds to the masses
[13:19] {RonS} Sham Wow guy
[13:20] {nemo} fas break .05?
[13:22] {RonS} http://www.youtube.com/watch?v=4n6Lad0nvd4
[13:22] {RonS} "you know the Germans always make good stuff"  lol
[13:23] {Les} wow!
[13:24] {dptl} got to go....have a good day all,see ya tomorrow
[13:24] {RonS} cya dp
[13:24] {Threei}  take care dp
[13:24] {RonS} selling pressure coming in...
[13:25] {dino} cya dp
[13:29] {Les} damn u ron. sham wow guy has an irritating, but strangely magnetic voice. I gotta stop
[13:30] {Threei}  irritating is understatment
[13:30] {Threei}  infuriating
[13:30] {Threei}  aggravating
[13:30] {RonS} rotfl
[13:30] {nemo} who you talking about
[13:30] {nemo} ?
[13:31] {Threei}  nemo
[13:31] {Threei}  here is instruction
[13:31] {Les} your cousin selling sham cleaning products
[13:31] {Threei}  looking at the screen, at the line you read, same one which causes your question,
[13:31] {nemo} oh, just scrolled up...the youtube video?
[13:31] {Threei}  slowly, gradually, move your eyes up,
[13:31] {Threei}  line by line
[13:31] {Threei}  until you find the line which was answered
[13:31] {Threei}  read it
[13:32] {Threei}  put the two tigether
[13:32] {Les} back to the vodka for you nemo
[13:32] {Threei}  no les...
[13:32] {Les} vad qid .30 break?
[13:32] {Threei}  don't give him ideas
[13:32] {nemo} yeah, just received anothr bottle of gray goose
[13:32] {Threei}  he asks these questions after vodka
[13:33] {Les} right. he's not his usual 'quick witted' self
[13:33] {Threei}  I can't tell on QID
[13:33] {Threei}  market breakdowns haven't been this easy lately
[13:34] {Threei}  most of them were fakeouts
[13:34] {Threei}  little move down, then sharp snaback
[13:34] {Les} yeh
[13:34] {dino} what do you mean received another bottle, people gifting you?
[13:34] {Threei}  which would lead to quick QID dump
[13:34] {Threei}  that's ifuriating too eh dino?
[13:34] {dino} indeed
[13:34] {Threei}  almost like that guy's voice
[13:35] {dino} cat stopped -.25
[13:37] {shorty} Have a great week guys.  Will be back next Tuesday or Wednesday.  Happy Canada Day and Fourth of July.
[13:38] {RonS} cya Shorty
[13:38] {Les} ciao shorty have a good one
[13:38] {shorty} :)
[13:39] {Les} V db?
[13:40] {RonS} watching .tnx, near lod...
[13:40] {dino} cya shorty
[13:40] {Threei}  take care shorty
[13:45] {Threei}  all QID could do on that break was 5 cents
[13:50] {Les} hey someone has to trade like fern while he is away
[13:50] {Threei}  sure
[13:51] {Les} CAT read here vad?
[13:51] {Threei}  nothing's wrong with it if you go for such trade knowing its potential and sizing it accordingly
[13:51] {Les} looks like it wants to break
[13:51] {Threei}  looks like fakeout to me...
[13:52] {Les} ok
[14:01] {Les} ctrp got away. looking at v
[14:03] {Les} MA dino? 204 cross interest you?
[14:05] {dino} looks up
[14:05] {Les} sm l .09
[14:05] {dino} i'm in v tho, should go w/it
[14:09] {dino} gj ma
[14:10] {Les} want 205
[14:12] {dino} i understand that
[14:18] {gregns} .
[14:19] {Threei}  good point
[14:19] {dino} !
[14:20] {gregns} ah ha i was just checking to make sure somebody was here
[14:20] {Threei}  now you know no one is
[14:21] {Threei}  I just have a ghost here, normally connected under the username not_vad
[14:21] {Threei}  good camouflage, no one ever guessed it was me
[14:21] {gregns} i see
[14:21] {larisa} ghost or spy?
[14:21] {Threei}  I used to think of him as a spy... but latest development made me think of better name
[14:21] {Threei}  like Boris...
[14:22] {Threei}  or Natasha...
[14:22] {dino} or larisa
[14:23] {Threei}  nah... I couldn't emulate her style
[14:23] {Threei}  too distinctive
[14:23] {Threei}  you guys would figure me out too easy
[14:25] {dino} took all day, but out meli .25, +.40
[14:26] {Threei}  and the day is not even over yet
[14:27] {dino} indeed
[14:28] {dino} as worf would say; "it's a good day to die and the days' not over yet."
[14:28] {dino} ma working better than v les
[14:30] {Les} yeh jumped on V as well but dropped it for small change
[14:30] {Les} vwap blocking spy's move up
[14:31] {nemo} and the 200 is support, for the moment
[14:33] {Les} out ma flat
[14:34] {RonS} gee, what would have happened to tsla if we were up?
[14:37] {Les} s crtp .14 stop above .25
[14:38] {nemo} crtp?
[14:38] {Les} you know what I mean
[14:38] {Les} lets play scrabble
[14:38] {nemo} fine
[14:39] {Les} ctrp
[14:42] {Les} covered +.10
[14:43] {dino} gj
[14:47] {Les} found a portugal/spain match happening
[14:49] {dino}  back in 10
[14:53] {RonS} aapl just popped
[14:53] {RonS} naz too
[14:53] {Threei}  QID smacked good again on break atempt
[14:54] {strider} VZ
[14:54] {Threei}  no news yet, AAPL
[14:54] {Threei}  ahha
[14:54] {Threei}  VZ Ticking higher after reporst circulating that could offer iPhone in Janary (28.74, +0.03, 0.10%) (related AAPL T )
[14:54] {Threei}  RIMM drop
[14:54] {Threei}  AAPL and VZ jump
[14:55] {nemo} wow
[14:56] {RonS} aapl is 20% of the naz
[14:56] {Threei}  RIMM destruction
[14:57] {Threei}  Verizon Communications Ticking higher after reports circulating that company could offer the Apple iPhone in January
[14:57] {Threei}  - Reminder: On 6/2 VZ was reportedly testing Apple iPads on the CDMA network; and in April the VZ CEO noted he expressed interest in the iPhone but it was Apple's decision
[15:01] {RonS} talk about a whip...aapl
[15:01] {ese} this has definately not been my type of trading day
[15:02] {ese} I'm outta here i'll see you tomorrow
[15:02] {RonS} ya, you need a summer school choir...:D
[15:03] {ese} NOOOOOOOOOOOOO!!!!!!!!!!!!!
[15:03] {RonS} lol
[15:03] {ese} cya
[15:03] {RonS} cya ese
[15:04] {Threei}  take care ese
[15:08] {strider} AONE
[15:08] {Threei}  AONE Hearing CLSA making positive comments (timing uncertain) (9.30, -0.58, -5.87%)
[15:08] {nemo} bp been climbing all day
[15:12] {dino} wow clf brutal
[15:12] {Threei}  TSLA did well on its first day
[15:12] {Threei}  too tho trade but we will see whether it becomes a player in the future
[15:13] {RonS} ...totally wired...
[15:13] {Threei}  too tho - too thin
[15:13] {Threei}  disconnect betwen my brain and fingers widens by day
[15:14] {RonS} 1040 .spx break could turn murderous
[15:17] {nemo} lvs short? .85 break
[15:18] {nemo} ehhh...might be a long above .90
[15:20] {nemo} big bids at .80
[15:21] {RonS} aapl round trip
[15:21] {dino} -14% from april highs s/p, ndx
[15:22] {Threei}  &P500 index moves to lowest point since Nov 2009
[15:22] {Threei}  - Falls below the May 25th low of 1040.78
[15:22] {Threei}  here is the thing:
[15:22] {Threei}  US) US House of Reps reject the "Tax Extenders" bill, as the Senate did last week
[15:22] {Threei}  - Bill would have extended unemployment benefits; impose taxes on fund managers, increase oil taxes
[15:23] {Threei}  I guess market seriously has no idea what consequences of this could be
[15:27] {dino} i don't believe any of this really matters to markets daily 3i. these markets are just random. down gets more down, up gets more up. gaps always fill
[15:28] {dino} the investor days are over
[15:31] {Threei}  well, it still reacts on this moment news
[15:31] {Threei}  TM Reportedly House committee asks for more documents from Toyota on break override system
[15:31] {Threei}  - Asking for data from consultation by Exponent for Toyota
[15:31] {Threei}  huh... Toyota back in news - did we run out of fresh ones?
[15:34] {Threei}  BP Reportedly DoJ asking BP and Transocean to alert the govt about actions that "deplete assets"
[15:34] {Threei}  what?
[15:35] {dino} amzn
[15:37] {Threei}  US Rep Frank: Bank fee has been removed from the legislation, should have enough votes to pass Senate
[15:37] {RonS} amzn...look at the 1 yr daily...it has a gap to fill
[15:38] {RonS} banksters win!
[15:38] {Threei}  I'd say, citizenry wins
[15:38] {Threei}  that fee would have been paid by customers anyway
[15:38] {Threei}  and it has a lot of negatve implications
[15:39] {Threei}  vindictive and meaningless act
[15:39] {Les} DoJ monitoring asset sales of BP? how bizarre
[15:39] {Threei}  that whole line is very strange
[15:40] {Les} http://www.youtube.com/watch?v=oGUMsxVt4YU
[15:41] {Threei}  - Reminder: Earlier today certain congress members such as US Senator Brown (R-MA) noted that they would not vote for the FINREG if it included a $19B bank tax
[15:42] {nemo} protecting Fidelity
[15:42] {RonS} ...the DoJ is a criminal enterprise under Holder and the O, imo
[15:42] {RonS} State Street nemo
[15:42] {dino} agree, you are guilty until proven innicent
[15:42] {dino} innocent
[15:43] {nemo} that too ron...
[15:43] {Threei}  so true
[15:43] {dino} i'm the most disgusted i have ever been w/govt. the system is brutally corrupt
[15:44] {Threei}  I am disgusted second-best so to speak
[15:44] {Threei}  I have a Soviet govet gisgust training
[15:44] {Threei}  govt
[15:44] {dino} they are ruining everything
[15:44] {Threei}  that still takes prize
[15:44] {Threei}  but I have to admit, USA is catching up quickly under these folks
[15:44] {dino} yes
[15:45] {dino} lod's
[15:46] {Les} well perhaps it illustrates falsity of applying labels to politics
[15:46] {dino} well i was early, but -317 bday
[15:46] {Threei}  btw
[15:46] {Les} liberalism, communism, theoretical subjects but a blur in practice
[15:46] {Threei}  anyone noticed Prez words in G20 speech:
[15:47] {Threei}  Next year I am going to present country with very difficult choices
[15:47] {nemo} comrade will become our official title
[15:47] {Threei}  I am amazed no comments appeared anywhere
[15:47] {nemo} that was on Drudge also
[15:47] {nemo} saw part of the speech on TV
[15:47] {dino} he's an idiot
[15:48] {Threei}  that blur can be oh so realistic, Les...
[15:48] {dino} ctrp 37.50s
[15:49] {Threei}  living through the practical implementation of all that, I seriously hope USA can back away fron the brink of falling into that trap
[15:49] {dino} rimm, what was gap nemo?
[15:49] {Threei}  'cause if not, you ain't see nothin' yet
[15:49] {dino} 48?
[15:49] {Threei}  wow TSLA
[15:50] {RonS} 13:15 RonS 1040 .spx break could turn murderous
[15:51] {nemo} I wouldn't call it murderous
[15:51] {nemo} Felony battery perhaps
[15:51] {Threei}  yeah, break and enter
[15:51] {nemo} we were -280 this morning
[15:51] {nemo} battery with a shod foot
[15:52] {dino} bummer red day
[15:52] {dino} azn spike
[15:52] {RonS} spx h&s break imouts what?...downside to 830?
[15:53] {RonS} imputs = imputs
[15:53] {nemo} 830-860
[15:53] {Threei}  looks abiout right
[15:53] {dino} reading 840s lots of places
[15:53] {RonS} imputs = imputes
[15:53] {Threei}  but all these priojections are just that
[15:53] {Threei}  situation is highly liquid
[15:53] {nemo} probably those july lows lst year
[15:54] {RonS} lol...ya, it's de monet...
[15:54] {Threei}  and even if you get the eventual target right, the path to it is likely to be very thorny
[15:54] {nemo} I think you see it bounce at 96 area
[15:55] {dino} azn sm s .25
[15:55] {Threei}  look at TSLA
[15:55] {Threei}  fully oblivious towhat happens arounsd
[15:55] {RonS} ...they are closing it above 1040...and gonna run it this week, and call  it a bear trap...
[15:56] {Threei}  this may happen just as easy Ron
[15:56] {Threei}  more than ever market turned into total playground for who fools whom
[15:56] {dino} no good stop cov .60 -.30
[15:57] {RonS} tsla must have discovered perpetual motion...
[15:57] {dino} -.25
[15:57] {Threei}  it was ever a significant part of the market, but lately it turns into about the only part, lol
[15:57] {dino} -.35 i mean sheesh
[15:58] {dino} ugh rinsed
[15:58] {Threei}  another minute another dollar TSLA
[15:58] {Threei}  maybe electroc car does have future?...
[15:58] {dino} junk company
[15:59] {Threei}  OK, it doesn't
[15:59] {Threei}  lol
[15:59] {RonS} ...guv subsidies...
[15:59] {Les} quick lets jump aboard before it runs to $100
[15:59] {nemo} I'm done...c u manana
[15:59] {RonS} cya nemo and all...
[15:59] {Threei}  thank you all
[15:59] {dino} cya nemo and all
[15:59] {larisa} bye :)
[15:59] {Threei}  have a good evening, see you tomorrow
[15:59] {dino} i'm done too
[15:59] {Les} nooooooooooooooo
[16:00] {Les} had my first run in with momo today.... oof not pretty
[16:00] {Les} ty for the good calls ciao
[16:01] {dino} hope i helped, pm was off
[16:01] {Threei}  had a good first half of the day (100%), then withdrew
[16:01] {Threei}  felt it became dicey