Tuesday, July 6, 2010

Jul 06 2010

"Catch of the day" today is a short play based on relative strength - LVS barely reaching high of the day while market made new highs. That was a clue for direction, finding the right entry was the last piece of the puzzle. Chart below shows it:


Session Time: Tue Jul 06 00:00:00 2010

[08:28] {Threei}  British Petroleum plc British Government is creating contingency plans in case BP fails -The Australian
[08:28] {Threei}  - Plans are coming from officials in the Department for Business and the Treasury.
[08:28] {Threei}  - The government is said to be assessing the impact and contingency plans both to vital energy infrastructure that BP provides to the UK and the large number of pensioners that rely on BP.
[08:28] {Threei}  - Plans to discuss with US officials during a trip to Washington DC on July 20th.
[08:28] {Threei}  **Reminder from June 29th: BP.UK: According to an internal investigation by the NY Fed, Wall St's exposure to BP is not as bad as some had feared - NY Post; The Fed was comfortable that banks will not have to alter their credit relations and exposures with BP
[08:28] {Threei}  British Petroleum plc U.S. Federal government leaves $980M BP fuel contracts intact - Washington Post
[08:28] {Threei}  - DoD continues to purchase aviation fuel and other petrol products from BP despite potential federal and state violations pending over Gulf of Mexico disaster.
[08:28] {Threei}  British Petroleum plc Former Russia nuclear power minister Viktor Mikhailov expressed support for the "nuclear option" in containing BP leak in the Gulf - Moscow Times
[08:28] {Threei}  - Says BP is otherwise "wasting time...only about 10 kilotons capacity" required to solve the problem.
[08:28] {Threei}  - Says an underwater nuclear explosion in the Gulf of Mexico would not be harmful and cost no more than $10M.
[08:32] {Les} Well what are we waiting for! Let's nuke the Gulf
[08:32] {Les} Just remember to throw Nemo down there while they're at it
[08:32] {Threei}  that's when they usually have trouble finding nemo
[08:33] {Les} afternoon. how was the weekend barbie?
[08:33] {Threei}  let me show...
[08:33] {hawk} new nickname Vad?  Barbie?
[08:33] {Threei}  ummmm
[08:33] {hawk} :)
06[08:34] * nemo slaps hawk around a bit with a large lead pipe
[08:34] {hawk} lol
[08:34] {Les} get a bit of Oz about ya Hawk
[08:35] {nemo} Les...you have the same affinity for sheep as your kiwi neighbors?
[08:35] {Les} was funny though
[08:35] {Les} Nemo not so funny
[08:36] {Les} nah we chase crocodiles for a good time Nemo
[08:36] {hawk} U in Australia Les?
[08:37] {Les} Switzerland
[08:37] {Threei}  http://realitytrader.com/vad/s/
[08:37] {hawk} cool
[08:38] {Les} I don't get to see one ugly mug in those photos! who was there?
[08:39] {Les} BBQ with vodka. doesn't get any more russian than that imo
[08:39] {Threei}  not just bbq... shishkevav
[08:39] {Threei}  kebab
[08:40] {Les} sounds like jewish word for barbeque
[08:40] {hawk} 7:30 in the morning on Monday and there goes my diet
[08:40] {Threei}  sorry
[08:41] {Threei}  but it's Tue, so it's OK
[08:41] {hawk} lol, a few brain cells short after the weekend
[08:41] {Threei}  I would be too... but that bottle kills more than a few
[08:57] {dino} gm all
[08:57] {Threei}  dino :)
[08:58] {dptl} good morning
[08:58] {Threei}  dp, alive?
[08:59] {dptl} lol.....yeap
[08:59] {Threei}  http://realitytrader.com/vad/s/
[09:01] {dptl} ye....it was soo gooood.......as always :) ty
[09:11] {bellowsbunch} gm
[09:11] {Threei}  bellows :)
[09:13] {Threei}  this is ironic:
[09:13] {Threei}  EU giving Bulgaria until 2011 to curtail deficit; to bring deficit under 3% by 2011 at the latest
[09:13] {Threei}  {Bulgaria} you... you... jeez... OK, whatever
[09:15] {Threei}  so, what happened over the weekend from market point of view that it wakes up so happy?
[09:16] {nemo} oversold bounce
[09:16] {Threei}  looking how hard and fast we sold off, caould be
[09:17] {Threei}  if that's all, then 105 SPY should provide resistance for the bounce
[09:21] {lasertrev} good morning
[09:21] {Threei}  trev :)
[09:24] {Threei}  BP, trying to determine whether this retreat from .25 is descending ttriangle of bull flag
[09:25] {jfjf64} mornin
[09:25] {Threei}  jf :)
[09:25] {Threei}  hmmm... other participant of Sat party are still asleep or what
[09:26] {Threei}  participants
[09:26] {Threei}  jf, this is what you missed:
[09:26] {Threei}  http://realitytrader.com/vad/s/
[09:27] {jfjf64} nice nice
[09:27] {Les} was almost about to object being located in file directory:
[09:27] {Les} http://realitytrader.com/vad/LES.JPG
[09:28] {jfjf64} next time im coming
[09:28] {jfjf64} you  pay  for  plane  tixx
[09:28] {Threei}  well, as a consolation:
[09:28] {Threei}  http://photography.realitytrader.com/2010/07/flowers-with-difference.html
[09:29] {larisa} gm :)
[09:29] {Threei}  larisa :)
[09:29] {Les} There's enough bacon on those kebabs to kill a horse
[09:30] {jfjf64} looks great
[09:30] {Les} or a team of traders
[09:30] {Threei}  LVS and BP sharp pullbacks
[09:31] {Threei}  short lived, LVS... no setup
[09:32] {Threei} Short Setup: BP  .95 break
[09:33] {Threei}  stop for scalpers above 31, day traders 31.05
[09:33] {Threei}  scalpers 1:1
[09:34] {Threei}  day traders 1;1
[09:34] {Threei}  looks getting ready for bounce
[09:34] {Threei}  no long entry yet, but cover in full
[09:34] {Threei}  no partialing
[09:35] {Les} .76 is pivot support
[09:35] {Threei}  ese's alive
[09:35] {ese} ahhh HA!   made it....good morning
[09:36] {Threei}  hi :)
[09:36] {Threei} Long Setup:  BP  .80
[09:36] {nemo} oops
[09:36] {Threei}  too fast eh
[09:36] {dino} qcom hl l ,.85
[09:36] {Threei}  see if pulls back for second chance
[09:36] {ese} stupid computor wouldn't turn on
[09:36] {Threei}  told ya don't pour vodka in it
[09:37] {ese} I thought you said ?????????
[09:37] {Threei} Short Setup: CAT  .75 break half lot
[09:37] {dino} have to take it to dinner first
[09:37] {Threei}  if stays under .85
[09:38] {Threei}  lol dino
[09:38] {Threei}  CAT invalidated as this particular entry but shortidea is still there
[09:38] {Threei}  BP, nice bounce...
[09:38] {Threei}  ugh
[09:38] {Les} lvs pullback
[09:39] {Threei}  CAT, .85 break
[09:39] {Threei}  .95 stop
[09:39] {Threei}  half lot
[09:40] {Threei}  1:1
[09:40] {Les} done ty
[09:40] {Threei}  BP, let's see if we get double bottom
[09:40] {Threei}  around .80
[09:41] {Threei}  covered half CAT
[09:41] {Threei}  stop to b/e for second half
[09:41] {Threei}  want it around .60 for full cover
[09:41] {Threei}  maybe lower, will see
[09:41] {Threei}  not bidding in advance
[09:43] {nemo} cat might be a double top
[09:43] {ese} L nvda..31
[09:44] {Threei}  stopped breakeven second half
[09:44] {Threei}  BP gets away on a long side second time
[09:45] {Threei}  US) Preview: June ISM Non-Manufacturing Composite Index due out at 10:00ET
[09:45] {Threei}  **Consensus expectation: 55.0e v 55.4 prior
[09:45] {Threei}  - Estimates range between 52-56.6
[09:45] {dino} ctrp
[09:45] {Les} CAT for a 2nd scalp 100 remaining
[09:46] {jfjf64} sndk  vad
[09:46] {jfjf64} any  read
[09:47] {Threei}  pullback to about .60 - .65 would be interesting for long
[09:47] {dino} sm l ctrp .40
[09:48] {jfjf64} gld  gettin  crushed
[09:48] {dino} stopped ctrp -.33
[09:48] {Les} slamming the $POG again
[09:48] {Threei}  as it well should
[09:48] {Threei}  I mean, who needs that barbaric relic
[09:49] {Threei} Long Setup:  LULU  .50 smaller shares
[09:49] {ese} out nvda 1/2 .40 remaining to break even
[09:49] {ese} +.09
[09:49] {Threei}  see, vodka's good for you
[09:49] {Threei}  kills brain cells
[09:49] {Threei}  and we xdo know those are not needed in trading
[09:50] {Les} hahaha no thinking required
[09:50] {ese} does it ever
[09:50] {dino} ctrp sm l .01
[09:50] {Threei}  stop under .30 - .35 zone, LULU
[09:50] {ese} although that was very good tasting vodka .....from someone who is definately not an expert
[09:52] {ese} out remaining nvda .48 +.17
[09:52] {Threei}  LULU 1:1
[09:52] {ese} it's a very good day
[09:52] {Threei}  wtg ese
[09:52] {Threei}  dp, next time we will get him dead drunk and he will make millions in a week
[09:53] {Threei}  share with us and we all retire
[09:53] {dptl} lol
[09:54] {ese} will do........
[09:55] {ese} just to let the board know.......the shiskabob was spectacular........had the aroma and taste in my mout from last year and it was reconfirmed again this year........fabulous
[09:55] {ese} mouth
[09:56] {dino} out ctrp .you guys making me hungry
[09:56] {Les} you're supposed to eat it ese, not carry it around in your pocket for a year
[09:56] {dino} ctrp flat
[09:56] {ese} lol
[09:57] {ese} vad might be a great trader but he is a genius when it comes to shiskabob
[09:57] {Threei}  ty
06[09:57] * Threei is blushing
[09:58] {hawk} c'mon vad, the master shishkabob plan?
[09:58] {Threei}  btw, wasp nest is eliminated
[09:58] {Threei}  rofl hawk
[09:58] {ese} what can i say.....it's the only reason i'm on the board and in the room....for the once a year shskabob party
[09:59] {Les} wow ctrp. nearly gave myself a heart attack
06[09:59] * nemo hoping
[09:59] {Threei}  lol
[09:59] {Les} .00 to .25 in a heartbeat. better than sex
[09:59] {Les} thanks Nemo
[09:59] {ese} saived the other 1/2 of your house from being eaten by wasps......thats a good thing
[09:59] {nemo} real minuteman, huh Les...your wife must be pleased
[09:59] {Les} rofl
[10:00] {Threei}  yes... now find the solutin to that berm problem, and I am golden
[10:00] {Threei}  US) JUNE ISM NON-MANUFACTURING: 53.8 V 55.0E
[10:00] {dino} scanners all red
[10:00] {Threei}  bad ISM numbers
[10:00] {dino} ok
[10:00] {ese} stupid number!!!!
[10:01] {Threei}  Prices Paid: 53.8 v 60.6 prior
[10:01] {Threei}  - New Orders: 54.4 v 57.1 prior
[10:01] {Threei}  - Employment: 49.7 v 50.4 prior
[10:01] {Threei}  - Inventories: 58.5 v 62.5 prior
[10:01] {ese} get in the way of a good trading plan
[10:01] {dino} ctrp sm l .10
[10:01] {nemo} dino, if ctrp doesn't hold the lows, probably goes to 50
[10:01] {nemo} 32.50
[10:01] {ese} ahhhhhh hell......markets oversold anyway......it'll keep going up
[10:02] {dino} see it ty
[10:03] {dino} good call nemo
[10:03] {Les} that's impressive selling on ctrp. what news?
[10:03] {nemo} not as dumb as I look
[10:03] {dino} none
[10:03] {ese} L fitb .10
[10:03] {nemo} jeez, bounced right at .50
[10:03] {Les} I remember airlines dissing sale percentages to the group
[10:04] {Threei}  EUR/USD Euro moves above Friday's intra-session high of 1.2610; elects buy-stops orders
[10:04] {dino} out qcom .09, +.24
[10:04] {Threei}  SNDK starts looking like short to me
[10:04] {Threei}  doesn't maake new highs as market does
[10:05] {ese} stop .02
[10:05] {Threei}  no setup yet but watching for one
[10:05] {dino} pot, mos not really participating
[10:06] {ese} fitb looking the same right now.....not participating
[10:06] {nemo} might be getting inverse H&S on CTRP
[10:07] {Threei} Short Setup: SNDK  .80 break
[10:07] {Threei}  invalidated
[10:08] {dino} s/p 1040
[10:08] {Threei} Short Setup: LVS  .40 break
[10:08] {Threei}  if stays below .45
[10:09] {ese} stop to break even fitb
[10:09] {ese} gitt!!!!!!
[10:11] {ese} out .15
[10:11] {ese} +.05
[10:11] {ese} ahhhhh you turd.......right as i sell
[10:11] {ese} it shoots up
[10:12] {nemo} lvs lower high so far
[10:12] {Threei} Short Setup: LVS  .50 break
[10:13] {Threei}  just trying to recalibrate it while it stays within day's range depsite market making new highs
[10:13] {Threei}  but still requires marjket to reverse to make a short work
[10:13] {Threei}  same with SNDK
[10:14] {Threei}  but can't find an entry there
[10:16] {Threei}  LVS, not a scap for me if works
[10:17] {Threei}  aiming for half near .40, then will see, depoending on market behavior
[10:17] {nemo} stop high of the day?
[10:17] {Threei}  .60 resistance
[10:18] {Threei}  1:1, half out
[10:19] {Threei}  stop to .52
[10:22] {Threei}  bidding 1/4 more .32
[10:22] {jfjf64} hig 5 min
[10:22] {jfjf64} holding  nice
[10:22] {Threei}  hit
[10:22] {Threei}  last part, aiming for .25
[10:22] {Threei}  stop to .45
[10:22] {Threei}  no lose territory
[10:23] {nemo} lvs at the open
[10:24] {Threei}  out last piece
[10:25] {jfjf64} nicely done
[10:25] {Threei}  ty
[10:25] {jfjf64} realy likin  hig  5  min
[10:26] {jfjf64} no  more
[10:28] {ese} vad...does intelliscan have an ADX type of scan for strength of trend.....
[10:31] {Threei}  it has crosses of 200 and 50 MAs,
[10:31] {Threei}  crosses of VWAP
[10:31] {Threei}  VWAP divergence
[10:32] {Threei}  Fibonaccis
[10:32] {Les} lvs lower highs. we kit it again?
[10:32] {Les} hit
[10:32] {ese} ya have seen them.....how does the vwap cross work
[10:32] {Threei}  no setup yet Les
[10:32] {Les} k
[10:33] {Threei}  recently added 5 and 8 MAs crosses
[10:33] {Threei}  and various 20 MA crosses
[10:33] {Threei}  MACD crosses, recently added
[10:34] {Threei}  stochastic crosses
[10:34] {ese} hmmmmm maybe the 5/8 might work
[10:34] {Threei}  and even a few candlestick formations
[10:34] {Threei}  no ADX, sorry :)
[10:34] {Threei}  had to scroll through all of them, new ones are being added
[10:38] {ese} tks
[10:42] {nemo} fcx short or long here
[10:43] {nemo} .90 break short 61 break long
[10:43] {nemo} or are we about to get the algo whipsaw
[10:43] {jfjf64} hut hut   HIKE
06[10:43] * nemo slaps jfjf64 around a bit with a large tackling dummy
[10:44] {jfjf64} PUT  ME  IN  COACH  IM  READY  TO  PLAY
[10:44] {nemo} o.k. Rudy
[10:44] {jfjf64} nemo  being   nemo
[10:44] {jfjf64} luv it
[10:45] {nemo} yeah...sorry, my sybil days are over....for now
[10:45] {jfjf64} hpoe  ya  short
[10:45] {nemo} yeah, not very tall
06[10:46] * nemo slaps magoo around a bit with a large trout
[10:46] {magoo} hello mates
[10:46] {Threei}  hey mags
[10:47] {jfjf64} lvs   D/Bvad
[10:47] {Threei}  I doubt it
[10:50] {Threei}  let's pause and evaluate things here
[10:50] {Threei}  we are at 100% so far, but market lost drive
[10:51] {Threei}  don't want to commit while no clear signals givenm
[10:51] {nemo} bound to be low volumes today, so whipsaws are more likely
[10:51] {jfjf64} nemo  let  the   man  speak
[10:52] {Threei}  I've spoken
06[10:52] * nemo slaps nemo around a bit with a large bottle of sleeping tablets
[10:52] {Threei}  spake?
[10:52] {nemo} Thus sprach Darth Vadym
[10:53] {jfjf64} sorry  nemo
[10:53] {Les} don't be sorry jf
[10:53] {nemo} don't worry, you're only on the list in pencil...so far
[10:53] {Les} you'll only encourage him
[10:53] {nemo} rimm at 200 ma
[10:54] {jfjf64} .80 short
[10:54] {dino} sm l ctrp .80
[10:54] {jfjf64} .85 long
[10:54] {nemo} yeah, to play the bounce, resistance at 49
[10:55] {ese} "also spake zarathustra" ?
[10:56] {nemo} sprach
[10:57] {nemo} and there's the shakout on rimm
[10:59] {Threei}  Texas teens bite to show affection
[10:59] {Threei}  do we grow tails next?
[11:01] {dino} ctrp stopped -.33
[11:02] {Threei}  F EU Commission clears China's Geely to acquire Volvo
[11:02] {nemo} mmmhhh...spy forming bull flag?
[11:03] {nemo} wonder if ctrp finds a bottom
[11:03] {dino} 30s?
[11:03] {dino} crazy
[11:04] {nemo} yeah, 30 next level
[11:04] {dino} 3 airlines cit commissions all i see
[11:04] {dino} cit=cut
[11:05] {dino} ma neg.
[11:05] {dino} pot flat
[11:05] {Threei}  APC Halted; Circuit breaker (39.14, +1.07, 2.81%)
[11:06] {Threei}  what the
[11:06] {Threei}  they are going to halt stock left and right now
[11:06] {Threei}  US Postal Service confirms increase of 8% on periodicals; approx 5% increase on catalogs
[11:06] {nemo} I thought it had to be 10% in less than 5 minutes
[11:08] {strider} Can they halt it on the ECNs?
[11:09] {Threei}  sure
[11:10] {dino} ctrp sm l .01
[11:17] {jfjf64} gld
[11:17] {jfjf64} c/h
[11:18] {magoo} see, now this halt bullsh#t will kill us too,
[11:18] {magoo} another uncontrollable event
[11:18] {nemo} might see rimm bounce here
[11:20] {dino} s qcom hl .99
[11:28] {Les} covered lvs +.15 aaaaawww maaaaaan
[11:28] {Les} at .15
[11:29] {Les} didn't call it cause its been giving me the willy, holding up so well
[11:30] {Les} frikin troublemaker...
[11:39] {nemo} apc froze because somebody bought 20 shares at $100k
[11:40] {strider} Why can't I find buyers like that?
[11:41] {Threei} Short Setup: BP  .50 break
[11:43] {Threei}  stop above day high
[11:49] {Threei}  no go BP
[11:49] {Threei}  first stop
[11:54] {nemo} dino, you ever learn "Mood for a Day" on acoustic?
[11:55] {nemo} spy on thee 200 ma, where it bounced last time
[11:55] {nemo} 1 min chart
[11:55] {nemo} and we get a little bounce
[11:57] {dino} no
[11:57] {nemo} a bit harder than I thought :)
[11:58] {dino} ma sm l .48
[11:58] {nemo} bp rinse
[12:01] {Threei}  yeah
[12:01] {Threei}  clear signal of whipsaw starting
[12:01] {nemo} lunchtime now
[12:02] {strider} ummm...salami & swiss.
[12:03] {nemo} O.K.  Who knows this quote:
[12:03] {nemo} Here's the pizza....and here's the pepperoni!"
[12:03] {Les} you mean Emmental strider
[12:03] {Les} http://en.wikipedia.org/wiki/Emmental_(cheese)
[12:05] {nemo} from the Emmen valley
06[12:05] * strider slaps Les around a bit with a large Limburger
06[12:05] * nemo slaps Les around a bit with a large Alpenhorn
[12:08] {dino} qcom cov -.11
[12:19] {Threei}  BP rinsed by 1 frikin cent
[12:19] {Threei}  can you believe?
[12:20] {Threei}  here comes injection of idiocy:
[12:20] {Threei}  (US) EPA to confirm new proposal on emissions reductions targets on power plants
[12:20] {Threei}  - Plans aim to cut smog emissions by approx 70% from 2005 levels; and begin in 2012
[12:46] {Threei}  22, is serious resistance now on LVS
[12:46] {Threei}  let's see if we can find short entry into bounce
[12:47] {nemo} fcx break .85?
[12:49] {nemo} not holding support
[12:49] {Threei}  yeah
[12:49] {Threei}  I don't see longs as way to go here
[12:49] {Threei}  the question in my mind is, short breakdown or wait for bounce
[12:50] {nemo} look at spy on 5 minute...200 ma around 102.90
[12:51] {Les} s BP .29 small stop above .50 just cleared last MA support. looking for solid drop unless market changes
[12:51] {hawk} the question in my mind is, do i want a cherry, or banana slurpee. brb
[12:52] {Les} hmmm sounds good
[12:52] {nemo} spy right on pivot support now
[12:53] {strider} gs SHORT .99
[12:54] {strider} stop .20
[12:57] {strider} cover .72
[12:57] {nemo} nice...I think spy bouncs between here and .90
[12:59] {strider} Gotta go , folks.   See you tomorrow.
[13:00] {nemo} take it easy
[13:00] {Threei}  take care strider, nice trade
[13:00] {Les} ciao st
[13:00] {strider} :)
[13:00] {Les} lvs returning to 22. short the bounce?
[13:01] {Threei}  don't know yet
[13:01] {Threei}  watching
[13:01] {Threei}  22 now would actually signify trend change
[13:04] {Les} hmm is 103 holding...
[13:04] {nemo} yes
[13:06] {ese} .
[13:07] {ese} ese is not away....he's booking festivals
[13:07] {Les} why aren't you here at Montreux Jazz ese?
[13:12] {ese} I played the Montreux festival with the Univ of Regina Big Band in 1978 and 1981.   Thats when it was at the casino downtown....now it's it's at the new Miles Davis Center it think
[13:16] {Les} well I was 4 and 7 at that time, so a bit young to appreciate your music
[13:17] {Les} any thoughts about organising a band trip here?
[13:17] {nemo} when you move back to Oz maybe
[13:18] {Les} you're a nasty piece of work
[13:19] {nemo} well...
[13:19] {nemo} when you stick your chin out like that
[13:19] {Les} fair enough
[13:19] {nemo} that's alright...I tell people I want to have kids some day, they start writing me checks as bribes so I won't breed...
[13:20] {Les} ah I was thinking of an 'accident' with the M4 when you invite me round to some hunting
[13:20] {nemo} you can't hunt with an m4
[13:20] {nemo} well, coyote maybe with a small magazine
[13:22] {Les} well...
[13:22] {Les} I could hunt you with an M4
[13:22] {Les} :P
[13:22] {Les} is that crossing the line Vad?
[13:23] {Les} Tiger Woods has compared his recent marital difficulties to the death of his father four years ago
[13:23] {Threei}  as long as no one outlines the reasons for unpleasantries so it can't be classified as hate crime...
[13:23] {Les} u have laws against that?
[13:24] {Les} I can't hate nemo?
[13:24] {Les} :(
[13:24] {Threei}  nope
[13:24] {Threei}  you are obliged to like him by law
[13:24] {Les} lol
[13:24] {Threei}  good news though is,
[13:24] {Threei}  so is he
[13:24] {nemo} Oh....
[13:24] {Les} I compare my feelings towards Nemo to the eventual death of my mother
[13:25] {Threei}  see? :)
[13:25] {nemo} I love Les to DEATH
[13:25] {Threei}  he meant to say till death do you part
[13:25] {Les} love these personalities that can cop out bad behaviour with family issues
[13:25] {nemo} she make you wear girls clothes when you were young...with a name like Leslie...
[13:26] {Threei}  just find pleasure in the fact that the ther must like you under existing law, imagine all the suffering it delivers to him
[13:29] {Threei}  feels like trend is about to change
[13:30] {Threei} Long Setup:  BP  .35 break
[13:30] {Threei}  if syasy above .30
[13:30] {Threei} Long Setup:  LVS  .80 break
[13:32] {Threei}  let's modify LVS
[13:33] {Threei}  long here
[13:33] {Threei}  stop .65
[13:33] {dino} whr hl l .25
[13:34] {dino} clf sm l .75
[13:34] {Threei}  offer half LVS .82 or so
[13:39] {Threei}  BP, 1 cent till 1:1...
[13:40] {Threei}  same LVS
[13:40] {Threei}  shrug
[13:40] {nemo} I scalped it at .40
[13:40] {Threei}  good idea
[13:41] {dino} clf stopped
[13:41] {nemo} spy right on 200
[13:42] {dino} wants to fill the gap open
[13:42] {nemo} volume spike LVS
[13:42] {nemo} yeah dino
[13:42] {dino} same market as monday, june 21
[13:43] {dino} out ctrp .66, +.65
[13:43] {nemo} lvs at yesterday close
[13:43] {Les} nice one
[13:43] {dino} took long time
[13:54] {dino} ndx filled
[14:04] {dino} clf hl l .06
[14:09] {dino} all filled
[14:12] {patience} .
[14:18] {Threei}  DoJ Files Suit Agaisnt Arizona Over Immigration Law
[14:20] {dino} ctrp hl l .26
[14:30] {nemo} c yuz 2 morow....
[14:31] {Threei}  let's assume it's an inverse head and shoulders on SPY
[14:31] {Threei}  then LVS pullback to about .45 should ebe long
[14:39] {ese} gotta go all....errands to do and all thaaaaaa......cya
[14:39] {dino} cya
[14:39] {ese} later dino
[14:59] {dino} ctrp to .86
[14:59] {dino} out +.60
[14:59] {Threei}  missed wisdom from high above:
[14:59] {Threei}  (US) Economist Paul Krugman: US needs to use "every means possible" to increase employment and GDP
[15:00] {dino} shocking
[15:00] {Threei}  care to say how? or nobel prize winners do not lower themselves to such earthly matters?
[15:01] {Threei}  ah, here goes
[15:01] {Threei}  - Calls on Federal Reserve to do more quantitative easing.
[15:01] {Threei}  - Fed needs a 3-4% inflation target over the long term.
[15:01] {Threei}  and stimulus, more stimulus, right Paul?
[15:01] {dino} tsla under ipo price
[15:01] {dino} brb
[15:05] {dino} bets, close red for 11 of last 12 days
[15:06] {Threei}  red today too
[15:09] {Les} I'm back. red close, or DB?
[15:10] {Threei}  things are so slow, impossible to tell... but my bet is red
[15:11] {larisa} no, not red :)
[15:12] {Threei}  hmmm... than what??
[15:12] {Threei}  then
[15:12] {larisa} magenta
[15:12] {Threei}  oh...
[15:12] {Threei}  opening can of worms, I am afraid... next suggestion will be cyan
[15:12] {dptl} have good evening all
[15:12] {Threei}  take care dp
[15:13] {dino} cya dp
[15:20] {Threei}  wow TSLA
[15:20] {Threei}  though of .50 short but happened too fast
[15:20] {Threei}  and way too thin anyway
[15:21] {Threei}  ED Alerts all NYC customers to urgently conserve power
[15:22] {Threei}  Requests conservation of electricity by turning off equipment not being used, keeping air conditioners at 78-degrees, and running washers, dryers and dishwashers at night.
[15:24] {Threei}  - Commercial power customers have already been messaged to reduce non-essential power use about 2 hours ago.
[15:25] {Les} things warming up your way Nemo?
[15:28] {dino} 100 degrees here
[15:36] {Threei}  Apple Inc Confims removal of some apps from the online store due to fraudulent activities
[15:36] {Threei}  - Note: There were reports circulating that some accounts had been spammed and some customers may have been billed for fake purchases
[15:44] {larisa} getting magenter and magenter
[15:44] {Threei}  with shade of cyan
[15:49] {Threei}  TSLA lost 16
[15:55] {Threei}  challeging second half of the day, demanded a lot of patience
[15:55] {Threei}  okay guys, thank you all
[15:56] {Threei}  have a good evening, see you tomorrow
[15:56] {larisa} bye :)
[15:56] {Threei}  cyan takes scene again larisa
[15:56] {Threei}  meganta fades
[15:56] {larisa} we are positive and you said red, so be quiet :)
[15:56] {Threei}  yes dear
[15:56] {larisa} :)
[15:57] {Threei}  {-- smartens up and shuts down
[15:57] {Threei}  but hey... COMP is red
[15:57] {Threei}  -2.53
[16:00] {Les} nighty night