Thursday, July 8, 2010

Jul 08 2010

Today's Catch of the Day illustrates a concept of the follower stock. The idea is simple: leader shows the direction, you take a trade in a follower. In this case, leader was GS, and FAS was following it. Being not as volatile, moving smoother and allowing for better position size, it was an easier trading candidate. After capitulatory selloff GS consolidated for a min under resistance, then broke it, and we took FAS long. Chart is annotated with all this, take a look (click for larger view) 

Other than that, listless day with some wins, some stops, eventually slightly negative.

Session Time: Thu Jul 08 00:00:00 2010
[08:10] {Threei}  (US) Preview: Weekly Initial Jobless Claims due at 08:30 ET (12:30 GMT)
[08:10] {Threei}  **Consensus expectations:
[08:10] {Threei}  - Initial claims expected at 460Ke v prior week's 472K
[08:11] {Threei}  Continuing claims seen at 4.600Me v prior week at 4.616M
[08:11] {nemo} Tell me Les is taking the rest of the week off...
[08:12] {Threei}  15:45] {Les} ok. I am off to Italy. c u's on Monday the 19th
[08:12] {nemo} cool...I had already left
[08:12] {nemo} then again, luck bastid is going to Italy
[08:14] {nemo} bolted right after I took off yesterday
[08:16] {nemo} spy gonna' break new high
[08:19] {Threei}  BLTXX Baltic Dry Bulk Index declines approx 4% (30th straight decline)
[08:19] {Threei}  - Index at 1,940 level.
[08:19] {Threei}  ***Note: This is the longest declining streak in 6 years
[08:25] {Threei}  EU) Reminder: ECB press conference to begin after 8:30
[08:29] {strider} jobless claims also at 8:30
[08:30] {nemo} wow...reverse split on tza
[08:30] {Threei}  US) INITIAL JOBLESS CLAIMS: 454K V 460KE
[08:30] {Threei}  CONTINUING CLAIMS: 4.413M V 4.600ME
[08:31] {Threei}  also, noteworthy:
[08:31] {Threei}  - Prior initial claims revised higher from 472K to 475K
[08:31] {Threei}  - Prior continuing claims higher from 4.616M to 4.637M
[08:32] {Threei}  which of course means today's better-looking numbers may in fact be revised higher next time
[08:32] {Threei}  someone explain to me how this kind of data reporting is helpful at all, lol
[08:32] {strider} party-pooper!
[08:33] {Threei}  sorry
06[08:33] * Threei hunkers down with his trusty 6-pack in the corner, away from drunk party-goers
[08:33] {Threei}  ECB Trichet: Interest rates remain appropriate; Economic growth to remain moderate and uneven - Prepared statements
[08:33] {Threei}  - Reiterates Inflation will remain moderate over the "policy relevant horizon
[08:33] {Threei}  - Reiterates that inflation expectations remain firmely anchored
[08:33] {nemo} Strider is taking over Les' role until he gets bck
[08:34] {nemo} back
[08:34] {strider} That's the lowest thing you've ever said to me, nemo.
[08:35] {strider} Now you have a new standard to shoot for.
[08:37] {nemo} :)
[08:38] {nemo} I owed you from yesterday...hehehehe
[08:38] {nemo} crisakes that news is keeping the mrket moving
[08:39] {strider} JCP
[08:39] {strider} don't believe it.
[08:39] {nemo} bidu
[08:40] {nemo} bounced right off the 200 ma
[08:41] {strider} Looks like a happy day.
[08:41] {strider} LVS consolidating
[08:42] {nemo} if things stay positive bidu should close the gap today and get at least to 74.20
[08:43] {nemo} might close it before market opens
[08:43] {strider} do you have split adjusted charts?
[08:43] {strider} daily?
[08:43] {nemo} you mean for
[08:43] {strider} bidu
[08:44] {nemo} yeah
[08:44] {nemo} not on Laser though
[08:44] {strider} laser?
[08:44] {strider} mine isn't
[08:44] {nemo}
[08:44] {strider} yeah.
[08:45] {strider} Does laser never do adjustments?
[08:45] {nemo} don't know
[08:50] {dino} gm all
[08:50] {Threei}  dino :)
[08:50] {strider} dino
[08:50] {strider} :)
[08:52] {dino} :D
[08:52] {Threei}  - ECB welcomes the decision to publish bank stress tests; appropriate action will have to be taken where needed as a result.
[08:53] {Threei}  anyone has even slightest doubt that results will be properly massaged before published?
[08:53] {dino} no
[08:54] {dino} do you doubt that all releases are "modified". i don't
[08:55] {Threei}  well, some aren't probably - not by design but by lack of competency of "modifiers" {G}
[08:55] {Threei}  I mean, we do deal with idiots
[08:55] {Threei}  let me illustrate the point:
[08:55] {Threei}  15:39] {Threei} dose of idiocy waieted almost till the end of the day to be injected, but it's a very large dose:
[08:55] {Threei}  [15:39] {Threei} (US) Fed's Kocherlakota: Financial institutions should be taxed based on the risk they create
[08:55] {Threei}  [15:39] {Threei} - Getting the tax right would cover the true cost of risky activities
[08:55] {Threei}  [15:39] {Threei} - Bailouts of financial markets are inevitable, no legislation could eliminate market crises.
[08:56] {Threei}  tell me, is this guy suitable to judge the taste of scrambled eggs?
[08:56] {Threei}  and if yes, shouldn't it be the highest position he must be given?
[08:57] {dino} lol
[08:57] {Threei}  seriously though... just think of what he said
[08:57] {Threei}  this is plain scary these people are our policymakers
[09:03] {_khaln} gm all
[09:03] {Threei}  morning khaln
[09:04] {bellowsbunch} morning
[09:04] {Threei}  bellows :)
[09:07] {strider} SKH
[09:09] {Threei}  question of the day: rally continuation, pulback or consolidation
[09:10] {strider} probably
[09:10] {Threei}  I agree
[09:10] {strider} I think two of the three.
[09:10] {strider} not sure which two, though.
[09:11] {strider} And two out of three ain't bad.
[09:15] {bellowsbunch} Lebron
[09:17] {dino} do they run them up into expiration like last month
[09:17] {larisa} gm:)
[09:17] {Threei}  larisa :)
[09:18] {Threei}  so far, preopen chart shapes up as preparation for another day of relentless climb
[09:19] {Threei}  things can change on a dime of course, but let's make it a working assumption, and see what we can find
[09:19] {nemo} yeah, looking for break of bull flag on bidu
[09:20] {Threei}  traditional opening pullback on LVS, long entry would be around .20 - .30
[09:21] {bellowsbunch} you'll notify us with setup?
[09:21] {Threei}  don't I always?
[09:21] {nemo} ?
[09:21] {bellowsbunch} yes
[09:22] {bellowsbunch} ty
[09:22] {Threei}  then what makes you think I'd make an exception this time? :)
[09:22] {Threei}  just alerting in advance for now what I am looking for
[09:22] {bellowsbunch} got it
[09:23] {nemo} could lvs be a break too Vad?
[09:24] {Threei}  yes but I won't play it
[09:24] {Threei}  early opening breaks on LVS are fakeouts 9 out of 10
[09:25] {Threei}  I am not about to try and guess which of them will be that 1
[09:25] {lasertrev} morning
[09:25] {Threei}  trev :)
[09:25] {strider} nothing much pulling back from pre-market climb.
[09:26] {strider} GS at morning high.
[09:26] {Threei}  market isn't even open yet
[09:26] {strider} I know.
[09:27] {strider} On up days, GS usu. climbs, then pulls back after 9AM.
[09:27] {nemo} is that true _NotLes
[09:27] {Threei}  nig gap after unexpectedly strong rally day - amateurs chasing in desperation of missed gain, or pros gapping price away?
[09:27] {Threei}  nig = big
[09:27] {nemo} dude!
[09:28] {ese} dude
[09:28] {Threei}  ese :)
[09:28] {ese} vad
[09:28] {dino} nano
[09:28] {strider} _notresponding to this tripe.
[09:29] {nemo} bidu broke
[09:29] {nemo} not a fan of tripe myself
[09:29] {nemo} frickin bidu
[09:30] {Threei}  QTWW Awarded Purchase Order by Fisker Automotive for Supply of Q-Drive(TM) Plug-In Hybrid Powertrain Systems for the Fisker Karma Pr
[09:30] {strider} now GS drops back.
[09:30] {Threei}  IMF: Sees risk of 'double-dip" in US housing market
[09:31] {ese} tripe......i'll have you know i represent that remark
[09:31] {nemo} say bydu
[09:31] {nemo} frickin' musicians
[09:31] {ese} and that one as well
[09:32] {Threei}  LVS, pullback is very shallow so far
[09:32] {Threei}  .50 break maybe the play
[09:32] {Threei}  if SPY reverses
[09:33] {Threei}  not delighted...
[09:33] {nemo} huge offer .50
[09:33] {Threei}  discretionary:
[09:33] {nemo} fake offer
[09:33] {strider} Good.  I hate those compulsory trades.
[09:34] {nemo} drinking already Strider?
[09:34] {strider} Why?  is it morning already?
[09:34] {bellowsbunch} woah
[09:34] {Threei}  if anyone went for it, over 1:1
[09:36] {magoo} morn'
[09:36] {nemo} mags
[09:36] {Threei}  mags :)
[09:37] {jfjf64} motrnin
[09:37] {Threei}  jf :)
[09:37] {nemo} ibuprofen to you jf
[09:37] {magoo} how was yesterday?
[09:37] {ese} L SNDK .78
[09:37] {Threei}  decent
[09:37] {nemo} lvs support .60
[09:38] {Threei}  should lose it
[09:38] {Threei}  looking for double bottom
[09:38] {Threei}  dive undr .50, long entry on recross
[09:38] {jfjf64} ?/
[09:38] {jfjf64} lvs
[09:38] {nemo} yes jf
[09:38] {jfjf64} ty
[09:39] {Threei}  BP
[09:39] {Threei}  sharp drop
[09:39] {Threei}  no entry on LVS
[09:40] {strider} out SNDK +.10, thanks, ese.
[09:40] {Threei}  BP becomes interesting
[09:40] {ese} stopped sndk .67 -.11
[09:40] {strider} ouch
[09:40] {gregns} tks ese in SNDK @ .77 out .88 + .11
[09:40] {Threei}  OK LVS
[09:40] {Threei}  now we are talkling
[09:41] {ese} your welcome....i should hav taken that
[09:41] {Threei}  too fast, no consolidation whatsoever
[09:42] {ese} well, theres why we use stops
[09:42] {nemo} rimm
[09:42] {ese} l sndk .41
[09:43] {ese} man this thing is fast
[09:43] {Threei} Long Setup:  BP  .60 break
[09:43] {Threei}  if stays above .50
[09:43] {ese} out .49
[09:43] {ese} +.08
[09:43] {Threei} Long Setup:  LVS  .40 break
[09:43] {Threei}  if stays above .30
[09:44] {ese} click out
[09:44] {strider} in bp
[09:44] {nemo} market still selling
[09:45] {ese} nope lvs
[09:45] {Threei}  LVS invalidated
[09:45] {Threei}  next range will be from under .20
[09:45] {strider} stop .48
[09:46] {Threei}  stop under .15
[09:46] {strider} long .21
[09:47] {strider} stop .12
[09:48] {Threei}  was 1:1?
[09:48] {nemo} lvs bounce 200 at .12
[09:48] {dino} nano hl l .75
[09:48] {ese} l sndk .95
[09:49] {ese} out .07
[09:49] {ese} .12
[09:49] {ese} +.12
[09:49] {dino} gj
[09:50] {Threei} Long Setup:  HAL  .10 break
[09:50] {ese} gonna haave to stop typing this one
[09:50] {ese} appologies
[09:50] {ese} just moves too fast almost missed that exit as well
[09:53] {Threei}  market isn't finding firm footing yet
[09:53] {nemo} 2000 at .60
[09:53] {nemo} 200 ma sorry
[09:53] {dino} out nano flat
[09:55] {Threei}  so far, no easy trades
[09:55] {dino} gap fills coming imo
[09:56] {nemo} I think spy bounces between here and the jobs report which was .50
[09:56] {Threei}  DNDN Hearing renewed takeover chatter circulating
[09:56] {Threei}  - AstraZeneca rumored as a potential acquirer
[09:56] {strider} l MRK 35.45
[09:58] {strider} out mrk in full +.10
[09:58] {nemo} nice _notles
[09:58] {Threei} Long Setup:  WFC  .70 break
[10:00] {nemo} oops...jumped the gun
[10:00] {ese} in .69
[10:00] {ese} it hit .70 and triggered me
[10:01] {dino} rost hl l .50
[10:01] {nemo} yeah I'm in .70 spys moving wfc not
[10:01] {strider} long .70
[10:01] {strider} stop .65?
[10:01] {nemo} below low
[10:01] {Threei}  .62
[10:03] {Threei} Long Setup:  GS  .81 break half lot
[10:03] {Threei}  if stays above .65
[10:04] {Threei}  invalidated
[10:04] {nemo} stoppe wfc
[10:04] {Threei}  ok, things plain don't work
[10:04] {ese} stopped  -.07
[10:05] {Threei}  as easy as yesterday was, no obvious trades today
[10:05] {Threei}  stt
[10:06] {Threei}  never mind
[10:06] {ese} that should have worked financials and tech up the most today
[10:06] {Threei}  in the gap
[10:06] {strider} GE holds well, watching for market reversal....sluggo stock.
[10:06] {bellowsbunch} gs getting smoked
[10:06] {dino} same here 3i
[10:07] {Threei}  yeah, and taking finnies with it
[10:07] {nemo} spy at 200 volume coming in
[10:08] {strider} bi-polar market.
[10:08] {ese} L jcp .006
[10:08] {ese} .06
[10:08] {nemo} oh...thanks for reminding me...gotta' take my meds
[10:08] {strider} there are limits to whatt science can do.
[10:08] {nemo} nice...subtle
[10:09] {Threei} Long Setup:  FAS  .80
[10:09] {strider} in .81
[10:09] {Threei}  pretty much GS bounce play, should take FAS with it
[10:10] {strider} .10 stop?
[10:10] {Threei}  over 1:1
[10:10] {strider} half out
[10:10] {ese} out 1/2 .16 +.10 jcp
[10:10] {strider} l GE .96
[10:11] {ese} remaining to break even
[10:12] {strider} stop ge .91
[10:12] {ese} either i'm typing too slow or the stuff i'm picking this morning is just too damn fast
[10:13] {strider} 1/4 FAS out .95
[10:14] {Threei}  FAS 1:2, full out
[10:14] {dino} fcn sm l .25
[10:14] {Threei}  first decent play today, jeez
[10:14] {ese} anf L .50
[10:14] {strider} out FAS .01 in full
[10:15] {Threei}  GS was very much oversold on that swan dive
[10:15] {ese} well .50 and change
[10:15] {Threei}  see volume spike on the long red bar?
[10:15] {Threei}  10:08
[10:15] {Threei}  capitualtion
[10:15] {ese} jcp stop to .15
[10:16] {ese} stopped .15 +.09 remaining 2k
[10:16] {ese} hmmmmmm might have put that stop in there too close
[10:18] {ese} anf still bumping up against .50
[10:19] {Threei}  market looks like done churning,
[10:19] {Threei}  breaking downtrend and starting climb
[10:19] {strider} GE stop to .94
[10:19] {ese} yup....looking up from here
[10:19] {magoo} if so, maybe FCX RIMM
[10:19] {Threei}  FCX yes,
[10:19] {strider} l GS .66
[10:19] {Threei}  RIMM questionable
[10:20] {magoo} 50:50 not bad magoo:)
[10:20] {Threei}  lol
[10:20] {Threei}  FCX, 63 break
[10:20] {strider} out GS .83
[10:20] {Threei}  ANF, ese :)
[10:20] {nemo} in  fcx .01
[10:20] {nemo} stop .80
[10:21] {nemo} half lot
[10:21] {ese} out 1/2 anf
[10:21] {ese} .68 +.18
[10:21] {ese} stop raised to .60 on remainder
[10:21] {strider} out 1/2 GE .01 +.05
[10:22] {ese} stop to .75 on remainder anf
[10:22] {ese} working like a charm this one vad
[10:22] {strider} bal GE to b/e
[10:23] {Threei}  I'd be out here ese
[10:23] {ese} out in full anf .98
[10:23] {ese} tks
[10:23] {Threei}  easy money is made on it
[10:23] {ese} +.48 on 2k
[10:23] {Threei}  gj
[10:23] {dino} wtg
[10:23] {ese} tks
[10:23] {Threei}  whatever happens next is likely to be labored
[10:24] {jfjf64} gj
[10:24] {Threei}  risk rises greatly, may run into very nasty selloff while trying to squeeze a few more cents
[10:24] {dino} fcn stopped -.27
[10:24] {ese} that will be my day because i have to be out of here early for a 10am appointment about a festival for my pro band vad
[10:24] {nemo} 1/2 out .15
[10:24] {strider} MRK looks good, but missed break
[10:24] {Threei}  nemo, stop to .95 on remainder
[10:25] {ese} the Midnights......speaking of which I need to come over and see your pictures
[10:25] {Threei}  I still have them :)
[10:25] {jfjf64} tk  $$$$$$$$   and run    way  to  go
[10:25] {ese} great have to do up a new promo folder to send to Denmark
[10:25] {Threei}  that's ese for ya, jf... he drops by, drinks all the vodka I have in the fridge and runs away
[10:26] {dino} ctrp hl l .22
[10:26] {Threei}  look at ANF
[10:26] {Threei}  labored
[10:26] {Threei}  each tick became a hard work
[10:27] {Threei}  and here comes that nasty selloff
[10:27] {Threei}  timely exit I'd say
[10:27] {Threei}  nemo, FCX is likely to jumo now for your exit
[10:27] {ese} indeed
[10:27] {nemo} you mean jump?
[10:27] {Threei}  stop is still .95, and try for something closer to .30
[10:27] {strider} stop bal GE -.01
[10:28] {Threei}  hopefully it's not rinisng before final move
[10:28] {Threei}  but discipline today is paramount
[10:28] {ese} anf heading back up though
[10:29] {Threei}  ahh, my favorite e-mail:
[10:30] {Threei}  poor UNG
[10:30] {nemo} rinsed
[10:30] {Threei}  no break for nat gas players
[10:31] {nemo} ahhh stopped
[10:31] {Threei}  they are either getting killed or getting killed
[10:36] {bellowsbunch} bp?
[10:36] {Threei}  kind of in the middle of nowhere...
[10:36] {Threei}  no clear setup either way
[10:39] {strider} short .GS .80
[10:39] {strider} stop .00
[10:41] {jfjf64} lvs  drop
[10:41] {strider} bid .55 GS
[10:42] {strider} out
[10:42] {Threei}  wtg
[10:43] {strider} thks
[10:44] {Threei} Long Setup:  LVS  .80 break
[10:44] {Threei}  invalidated
[10:45] {dino} nano l .55, stop .48
[10:46] {nemo} spy bottomed right where jobs report came in
[10:48] {dino} stopped nano
[10:48] {nemo} feels like everything driven by spy this morning
[10:48] {Threei}  I am not sure it has bottomed nemo
[10:48] {nemo} no, but it bottomed at that point so far
[10:49] {Threei}  Preview: (US) Treasury coupon announcement at 11ET
[10:49] {Threei}  - Analyst still generally see cutbacks in particularly in the 3-year. The 10-year reopening will likely remain unchanged at $21B and the 30-year will most likely be held at $13B as well. The 3-year will probably see a reduction of $1B to $35B. A $69B package would include $56B in new money
[10:49] {magoo} f'n LVS
[10:49] {Threei}  $69B package would include $56B in new money
[10:49] {Threei}  sheesh
[10:50] {strider} CAT looks eager
[10:52] {Threei}  financial crisis, doeble-dip recession, depression, oil spill - who cares? Labron james announces his team tonight
[10:52] {magoo} pldease KNICKS
[10:53] {nemo} oh..the Lebron watch?
[10:53] {bellowsbunch} heat al day
[10:53] {dino} fcn to .25
[10:54] {dino} out fcn +.24
[10:54] {Threei}  Preview: DOE (EIA) Petroleum Inventories due at 11:00ET
[10:54] {Threei}  **consensus expectations:
[10:54] {Threei}  Crude: -2.5Me
[10:54] {Threei}  Gasoline: +500Ke
[10:54] {Threei}  Distillate: +2Me
[10:54] {Threei}  moved from Wed because of short week
[10:56] {strider} long GS .05 stop lod
[10:57] {Threei} Long Setup:  LVS  .75 break
[10:58] {nemo} scalp?
[10:58] {Threei}  invalidated anyway
[10:58] {dino} fdo hl l .50
[10:58] {Threei}  but yes, was just a scalp idea
[10:58] {nemo} db?
[10:58] {Threei}  no, likely to proceed to new low
[10:58] {nemo} recross .70?
[10:58] {Threei}  no
[10:58] {Threei}  market weakens
[10:59] {Threei}  need some digestion here to decide on further direction
[11:00] {magoo} spike RIMM
[11:00] {Threei}  *DOE CRUDE: -4.9M V -2.5ME
[11:00] {strider} stop GS .68  -.37
[11:00] {Threei}  GASOLINE: +1.3M V +500KE; DISTILLATE: +320K V +2ME; UTILIZATION: 89.8% V 88.5%E
[11:01] {strider} damn that DOE
[11:01] {Threei}  RIMM Hearing OTR Global makes positive comments
[11:01] {nemo} shoot the bitch
[11:01] {strider} friggin rinse.
[11:03] {dino} ndx filled
[11:03] {Threei}  direction is being defined for real now
[11:04] {nemo} lvs at pivot if market turns might have a play here
[11:04] {nemo} bid .57
[11:04] {nemo} offer I mean
[11:04] {nemo} huge bis .54
[11:04] {nemo} ids
[11:05] {nemo} bids
[11:05] {nemo} jeez
[11:06] {Threei}  I think we go lower
[11:06] {nemo} spy close gap?
[11:07] {strider} that's really negative
[11:07] {nemo} neither negative nor positive
[11:07] {nemo} statement that may or may not prove true
[11:08] {nemo} think I have to change the dosage on my meds
06[11:08] * strider slaps nemo around a bit with a large textbook of modal logic
[11:08] {Threei}  which may or may not help
[11:09] {nemo} what...he applies a subjective definition of your opinion
[11:11] {nemo} lvs stronger than this little pullback in spy
[11:11] {nemo} so far
[11:12] {Threei} Long Setup:  X  .15 half lot
[11:12] {Threei}  if stays above 40
[11:13] {Threei}  lunch time, so trades are discretionary
[11:15] {strider} lon gX .02, stop .95
[11:17] {strider} oout 1/2 .11
[11:17] {nemo} nice
[11:17] {Threei}  good way to play it
[11:17] {nemo} _notLes
[11:17] {Threei}  aggressive entry
[11:18] {strider} take more stops this way, though.
[11:18] {magoo} GS red bar..on volume
[11:18] {magoo} est cut
[11:18] {nemo} yeah, but had nice support and it was a small stop strider
[11:18] {strider} bal to b/e
[11:18] {dino} ctrp l .70
[11:19] {strider} offer 1/4 .119
[11:19] {strider} .19
[11:19] {Threei}  GS Hearing Meredith Whitney cuts Q2 and 2010 profit estimates on Goldman Sachs (timing uncertain)
[11:19] {Threei}  - Cuts Q2 EPS estimate to $1.70 from $4.75, and cuts 2010 EPS estimate to $15.70 from $20.00.
06[11:19] * Threei slaps strider around a bit with a large roll of cash
[11:20] {strider} thank you kind sir.  May I have some more?
[11:21] {Threei}  SPY will tell
[11:21] {strider} stop bal. to .10
[11:22] {Threei}  let me just make a quick comment on aggressive entries
[11:22] {Threei}  this is exactly the kind that makes most sense to me,
[11:22] {Threei}  on sharp pullback far away from trigger p;oint
[11:22] {Threei}  into support level
[11:23] {Threei}  odds are 50/50, but risk is small
[11:23] {dino} ctrp out .86, _.16
[11:23] {Threei}  and reward rises enormously
[11:23] {Threei}  plus, in case of trade working you have so much room for different way of securing profits
[11:23] {dino} +.16
[11:23] {Threei}  much better way to apply aggresive entry than say buy at .13
[11:24] {Threei}  which may have an advantage of easier entry than on break which is easy to miss,
[11:24] {Threei}  but void of all other advantages
[11:24] {strider} offer bal at. 30
[11:25] {Threei}  X 1:1 for regular entry
[11:25] {strider} .30
[11:25] {dino} ctrp l .00
[11:25] {bellowsbunch} x
[11:25] {strider} out
06[11:25] * Threei slaps strider around a bit with a large roll of cash
[11:25] {nemo} that's what strider just played
[11:25] {nemo} strong resistance there dino
[11:25] {dino} yeah, gut
[11:26] {nemo} my sixpack doesn't like it...but it never pays to bet against you
[11:26] {Threei}  as nice and easy as FAS and X were, I am not too happy with today
[11:27] {Threei}  that morning pack of stops and invalidations was a bit too thick for my taste
[11:27] {Threei}  normally we have a few nice wins under our belt in first 40-60 min,
[11:27] {Threei}  not today
[11:27] {strider} I know it clutters up the room.  But it's very useful to post trades.  thanks for putting up with it, guys.
[11:27] {Threei}  clutter us, clutter
[11:27] {ese} L nvda .35
[11:27] {dino} np, i do it for disipline
[11:28] {strider} that's what I need to do it for, also.   Keeps me honest.  DOn't want to look like a complete putz.
[11:28] {Threei}  oh boy
[11:28] {Threei}  nemo, shut up
[11:28] {nemo} ?
[11:28] {Threei}  I know chin is out there
[11:29] {nemo} ohhhh.....
[11:29] {nemo} he's not les
[11:29] {Threei}  but show some restraint, don't go for obvious "that ship has sailed, stroder"
[11:29] {strider} do what?
[11:29] {nemo} he didn't want me to ripost to your comment
[11:30] {strider} I was trying to speak in my best italian you'd understand, nemo.
[11:30] {Threei}  so I did it myself.. all in good fun though :)
[11:30] {nemo} Vielen dank, manga le gaza
[11:31] {strider} no sprachen ze deutch
[11:31] {strider} I know that  sucks.
[11:31] {jfjf64} 3i   wfc   bounce
[11:31] {nemo} Denn kann ich sehr viel Spass haben
[11:32] {nemo} Didn't read Nietsche in his mother tongue, huh?
[11:32] {strider} NO, you can't date my sister.
[11:32] {Threei}  doesn't look right to me jf
[11:32] {nemo} wasn't planning on dating her...she looks like you
[11:32] {nemo} faz relatively strong too jf
[11:33] {strider} yeah, she's boooootiful.
[11:33] {nemo} bootyful?
[11:33] {nemo} ctrp bounced right off that resistance
[11:33] {magoo} big butt nemo
[11:34] {jfjf64} whats  going  on  here
[11:34] {nemo} ?
[11:34] {strider} MRK plugs on its merry way.
[11:34] {jfjf64} im i in  right  room
[11:34] {nemo} yeah...the asylum
[11:35] {jfjf64} reality  girls  gone  wild
[11:35] {jfjf64} your  host
[11:35] {jfjf64} 3i
[11:35] {nemo} his typing is so bad because he wears a straight jacket and has to type with his elbows
[11:36] {magoo} damm..was watching LVS for bounce at .60
[11:37] {Threei}  (US) La Nina is expected to form by August, may produce more hurricanes - Business Week
[11:37] {Threei}  - The phenomenon can enhance hurricane development in the Atlantic Ocean, as well as bring warmer, drying conditions across the southern U.S. during northern hemisphere winters.
[11:37] {Threei}  - La Ninas enhance hurricanes in the Atlantic by damping down high-altitude winds that can tear the storms apart as they are forming, according to the National Hurricane Center in Miami
[11:37] {dino} fear mongers, said the same thing last year
[11:38] {strider} everything I see has the same chart.
[11:39] {nemo} really?
[11:39] {nemo} look at clf then rimm
06[11:39] * strider slaps nemo around a bit with a large bag of hyperebole.
[11:39] {strider} hyperbole.
06[11:39] * nemo slaps strider around a bit with a large volume of Threeish
[11:39] {Threei} Short Setup: WFC  .40 break
[11:39] {jfjf64} ???  nemo
[11:40] {nemo} yes JF?
[11:40] {jfjf64} clf    rimm
[11:41] {nemo} JF  [11:38] {strider} everything I see has the same chart.
[11:41] {jfjf64} stop  .50  vad
[11:41] {Threei}  sure
[11:43] {jfjf64} lets  go
[11:44] {Threei}  if very anal-retentive, can keep stop above .45,
[11:44] {Threei}  higher chance of rinse but, lunch time..
[11:44] {Threei}  hard to tell, eerything is discretionary
[11:45] {Threei}  1:1 for those a/r scalpers
[11:46] {ese} out nvda.29 -.06      thought it would do more
[11:47] {Threei}  sorry ladies, it's all nemo/strider/magoo fault
[11:47] {nemo} HOLD IT!
[11:47] {_khaln} men
[11:47] {Threei}  lol
[11:47] {nemo} Magoo has been incredibly well behaved for a very long time
[11:48] {Threei}  yes but today he finally broke down
[11:48] {Threei}  and returned to his roots
[11:48] {nemo} one little inocuous comment
[11:48] {dino} out fdo .74, +.24
[11:48] {Threei}  under your bad influence no doubt
[11:48] {nemo} good/bad...eye of the beholder
[11:49] {Threei}  normally yes, but when it comes to you... {G}
[11:49] {nemo} my picture is in the dictionary
[11:49] {jfjf64} you still in wfc
[11:49] {Threei}  half
[11:49] {jfjf64} me to
[11:50] {strider} out for pennies.
[11:50] {Threei}  yeah, these lunch time moves are not to be trusted for continuation
[11:51] {strider} GE at lod
[11:51] {strider} dbl bottom
[11:51] {jfjf64} im reading   jesse livermore    how to  trade  stocks   good  read
[11:52] {Threei}  as much as I love reminiscences, this one didn't impress me much
[11:52] {jfjf64} just startedc   keep ya  posted  my thoughts
[11:53] {Threei}  please do
[11:53] {strider} MRK sh .71 hl, stop hod
[11:53] {Threei}  maybe I need to give it another try some time
[11:53] {jfjf64} maybe
[11:54] {jfjf64} enough  BSsomeone  knock  wfc  down   i wanna  go eat  my   p/b  sandwich
06[11:55] * Threei hits WFC over the head with 2x4
[11:55] {jfjf64} k
[11:56] {nemo} think wfc going long on ya'
[11:57] {jfjf64} of  cause  ya  do  nemo
[11:57] {jfjf64} lol
[11:58] {strider} l GE .66
[11:58] {strider} stop .60
[11:59] {jfjf64} out  wfc
[11:59] {nemo} :)
[12:02] {strider} jeez...I thought it was an hour later.
[12:03] {strider} you guys kept talking bout lunch.
[12:03] {nemo} I waited until noon to start drinking
[12:03] {magoo} me too
[12:03] {nemo} that's because Vad said it was lunchtime at 11
[12:03] {strider} so he starts drinking then, huh.
[12:03] {larisa} 8 am his time?
[12:03] {magoo} and he is west coast lol
[12:03] {strider} yep.
[12:04] {nemo} well, that's if he stopped in the first place...there are those medicinal shots when he rolls out of bed
[12:04] {strider} pulls the IV to the trading desk.
[12:06] {Threei}  IV!
[12:06] {Threei}  sheesh, how did I not think of that
[12:06] {Threei}  ty
[12:07] {Threei}  DNDN Hearing recent weakness attributed to circulated FT article highlighting possibility of hospitals reevaluating some orders
[12:12] {Threei}  NANO Hearing defended at Piper Jaffray (timing uncertain) (8.80, -2.06, -18.97%)
[12:19] {strider} CBOE
[12:20] {magoo} can someone check if nano shortable laser?
[12:20] {Threei}  yes
[12:20] {Threei}  it is
[12:20] {magoo} ty
[12:21] {Threei}  CBOE Illinois court reportedly rules in CBOE's favor in options case, giving CBOE exclusive right to list options on stock benchmarks
[12:21] {ese} am outta here....have a meeting to go to...catch you tomorow
[12:21] {Threei}  take care ese
[12:21] {magoo} bye ese
[12:21] {strider} ese:)
[12:21] {ese} magssssss!!!!!!! babe your back........and i have to leave   rats
[12:21] {ese} xya vad
[12:21] {magoo} been here all morn
[12:21] {ese} cya
[12:22] {ese} haven't been paying attention......
[12:22] {Threei}  oh btw ese
[12:22] {Threei}  oops, too late
[12:24] {Threei}  GS...
[12:24] {Threei}  .50 break starts looking tempting
[12:26] {strider} why .50?
[12:28] {Threei}  .40 - .50 zone resistance, round number is more indicative and attracts more buyers when broken
[12:28] {Threei}  .49 strong offers
[12:29] {strider} bidding .25
[12:29] {strider} not likely.
[12:31] {Threei}  Preview: (US) Treasury's $12B 10-year TIPS auction results due just after 1ET
[12:31] {Threei}  - $12B is a $2B increase over the January auction
[12:31] {Threei}  - bid-to-cover ratio was 2.65 at July auction with an average of 2.76 over the last 5 new issues
[12:31] {Threei}  - indirect bidders took 47.3% of comeptitive bids at the January auction
[12:31] {Threei}  TSLA...
[12:31] {Threei}  Tesla Motors Hires former Apple executive to help "revolutionize" car buying experience
[12:31] {Threei}  - Hires former Apple and Gap executive George Blankenship as Vice President of Design and Store Development. Blankenship will build Tesla's retail strategy and network.
[12:31] {Threei}  - Blankenship, 57, brings thirty years of international retail and real estate experience to Tesla. Best known as the architect of Apple's brand building retail strategy that raised the bar for customer experience in retail stores, Blankenship joins Tesla most recently from Microsoft.
[12:32] {strider} pulling bid
[12:35] {Threei}  it' invalidated as breakout, but as a bounce play - still is a candidate
[12:36] {strider} bid .18
[12:37] {strider} cancel
[12:38] {nemo} gs riding 200 ma on 5 minute chart
[12:39] {strider} bid .95
[12:40] {strider} in
[12:40] {strider} sstop below .80
[12:42] {strider} stop .75
[12:42] {Threei}  not sure about that entry at all strider
[12:42] {Threei}  no setup
[12:42] {strider} trying to play a combination of bounce off support and watching spy.
[12:43] {strider} you're right, though.
[12:43] {strider} I watch GS a lot, and sometimes think I can read it .
[12:43] {strider} Sometimes I can't:)
[12:44] {Threei}  and sometimes it rains
[12:44] {Threei}  it's just that over many years I came to think that one of the most harmful trading habits is arbitrary buying lows or shorting highs
[12:45] {strider} The goal is for it not to be arbitrary.
[12:45] {strider} To have a system.
[12:45] {Threei}  drop, pause, bounce, retest of the low, bounce and break of the resistance - fine
[12:45] {Threei}  it's a system
[12:45] {strider} Obviously, dino has a workable system.
[12:45] {strider} But I got no idea what it is. :)
[12:46] {magoo} me either:)
[12:46] {Threei}  simply buying low as it forms - rather guessing
[12:46] {Threei}  dino does it very differently
[12:47] {nemo} Dino does the chicken sacrifice thingy
[12:47] {strider} that bastard.
[12:47] {dino} lol
[12:47] {Threei}  chicken entrails, bone from bat's left ear...
[12:48] {Threei}  buried on intersection on full moon midnight
[12:48] {strider} so dino has gone down to the crossroads.   Now, I understand.
[12:49] {strider} Sold his soul to the devil.
[12:49] {nemo} he an Robert Johson, Eric, Stills, etc...
[12:49] {Threei}  well, he had to - just imahgine all the work involved into breaking the concrete on all those intersections
[12:50] {nemo} missed the metaphor
[12:50] {strider} ah nemo.   You know the referene.
[12:50] {strider} reference.
[12:50] {dino} small price to pay
[12:50] {strider} good on ya.
[12:50] {nemo} ty
[12:50] {strider} That's what I think.   And you probably can play the guitar real good too:)
[12:50] {Threei}  I didn't
[12:50] {nemo} just picked it up again after more than 20 years
[12:51] {strider} Actually, I meant dino....from the crossroads reference.
[12:51] {dino} devil went down to georgia
[12:51] {nemo} I understand
[12:51] {strider} re:  Oh brother, where art thou.
[12:52] {strider} yeah
[12:52] {nemo} who was the guy that played the devil/guitarist in that Karate Kid star version of the Crossroads fable
[12:53] {nemo} ?
[12:53] {nemo} I actually hunted with the guy, can't remember his name
[12:54] {strider} dunno.  didn't see that movie.
[12:54] {nemo} it was pretty good actually
[12:54] {dino} ctrp to .15
[12:54] {nemo} ahh...Ralph Macchio
[12:55] {strider} long GS 133.81 c&h formation
[12:55] {strider} rising spy
[12:55] {nemo}
[12:55] {strider} sstop below .60
[12:55] {nemo} Steve Vai was the guitarist
[12:57] {dino} out ctrp .19, +.19
[12:59] {Threei}  a bit early but: if we end around here, this is a brfeather day, and rally is likely to resume
[12:59] {nemo} breather?
[13:01] {Threei}  ?
[13:02] {nemo} "brfeather"
[13:02] {Threei}  - Indirect bidders take 51.89% of competitive bids with 43.46% alotted at the high
[13:02] {Threei}  - Median 1.25%, low 1.163%
[13:04] {strider} stopping MRK short -.08
[13:04] {strider} offer GS .17
[13:05] {strider} out +.36
[13:05] {Threei}  there
[13:05] {Threei}  this is kind of bottom hunting I like
[13:06] {Threei}  bottom out, form certain setup - I am all for it
[13:06] {strider} {-------places gold star proudly on forehead.
06[13:06] * Threei hands strider a hammer and nail
06[13:06] * nemo says, "nice shiny target"
[13:07] {strider} well, if your only tool is a hammer.....
[13:07] {Threei}  well, simplest way to make sure that star stays there...
[13:07] {strider} I'm actually in the blac for the first time today.
[13:07] {magoo} any read FCX BP NANO vad?
[13:08] {Threei}  FCX, pullback to about .60 would get me interested in long
[13:08] {magoo} how about a break of 63?
[13:09] {Threei}  BP, .25 or so, but way too narrow, not counting on much
[13:09] {Threei}  63 is too far from here
[13:09] {nemo} mags vwap is about 63.10 that will likely prove resistance
[13:09] {Threei}  no way I'd buy it if it spikes into that resistance
[13:09] {strider} Taking a ride.......holding GE long at .66, stop at .60   back soon.
[13:09] {Threei}  NANO, no read whatsoever
[13:10] {magoo} nemo, its a wild animal tho..could really go to 63.40 area
[13:10] {magoo} but mkt needs to go too
[13:10] {nemo} I agree, just hasn't been today...very tame
[13:10] {dino} itri sm l .00
[13:10] {nemo} oh great...back to Rorschach tests
[13:11] {magoo} look at itri volume
[13:11] {nemo} better go get him some more chickens
[13:11] {magoo} hes in the office frig defrosting as i type
[13:11] {nemo} hehehe
[13:12] {dino} stri
[13:12] {magoo} STRI
[13:13] {magoo} oops sorry
[13:14] {dino} sm s .74
[13:19] {magoo} lets see nemo
[13:19] {nemo} yeah, it's following spy
[13:20] {nemo} clf might play also
[13:22] {nemo} interesting volume spike there mags
[13:22] {magoo} another leg comith
[13:22] {magoo} to .40 area imo
[13:22] {nemo} logical if it goes
[13:24] {magoo} f'n BP
[13:24] {nemo} right at yesterday's close
[13:25] {magoo} ive lost more in my acct on that pos then BP spent on clean-up
[13:25] {dino} bp=beyong problems
[13:25] {dino} g=d
[13:25] {nemo} what's the "=" equal?
[13:25] {magoo} really? g=d...who'd guess
[13:25] {nemo} maybe bounce at
[13:28] {magoo} your .10 resist call was great FCX nemo
[13:28] {nemo} my first broken clock moment of the day :)
[13:29] {nemo} spy about to hit 50 and 200 ma confluence
[13:30] {dino} he was hot on fcn yesterday
[13:31] {nemo} that was my broken clock moment yesterday
[13:31] {nemo} nailed bidu too
[13:31] {nemo} sucked
[13:31] {nemo} had to get out of bidu early because of a lunch appointment
[13:34] {Threei}  IA) US President Obama: Indications are that Iran is continuing to pursue nuclear weapons
[13:34] {Threei}  okay... and?
[13:34] {dino} shocking
[13:38] {dino} cov stri .94, +.80
[13:38] {nemo} nice
[13:39] {dino} ty
[13:39] {nemo} bow to Zod
[13:48] {strider} .
[13:48] {dino} !
[13:49] {strider} Don't get excited, dino.  just me.
[13:49] {dino} bummer
[13:49] {strider} that's what everybody says.
[13:49] {dino} lol
[13:49] {Threei}  lol
[13:58] {nemo} .20 been strong support for spy
[14:01] {nemo} that .20 level is a pivot level also
[14:01] {patience} .
[14:02] {strider} You have a succinct way of putting things, patience.
[14:03] {magoo} vad, any bounce play LVS FCX
[14:05] {dino} feels like they can't take them down, so up we go
[14:09] {dino} spoke too soon
[14:10] {nemo} yeah, but strong support at .20 breaks that could get interesting especiall if it breaks 106
[14:10] {nemo} hah!..."The Rath of Khaln"  I'm bored
[14:11] {Threei}  FCX, probably,
[14:11] {Threei}  LVS, less likely
[14:11] {magoo} wheres FCX entry?
[14:11] {dino} in space it is very cold
[14:12] {Threei}  .75 break seems to be it
[14:12] {nemo} break of .75
[14:12] {nemo} oy
[14:12] {nemo} testing spy support
[14:13] {nemo} wow dino
[14:13] {nemo} o.k. getting interesting
[14:14] {strider} stopped earlier GE, -.06
[14:16] {nemo} if spy losesthe low might go to .60 area
[14:16] {dino} out itri -.24
[14:17] {strider} dow is still green
[14:18] {nemo} wait a minute :)
[14:18] {strider} yeah
[14:18] {strider} we can fix that.
[14:21] {nemo} oopie doopie we have fun
[14:21] {strider} BP ignoring the blood
[14:22] {dino} hl l rost .15
[14:22] {Threei}  if market continues selling, LVS .30 break is short trigger
[14:24] {dino} itri rinsed
[14:25] {nemo} in fcx .26
[14:26] {nemo} out .32
[14:26] {nemo} scared
[14:28] {Threei} Short Setup: LVS  .40 break
[14:29] {nemo} mags support fcx .22
[14:29] {nemo} I wussed
[14:30] {dino} rost to .35
[14:31] {dino} to .38
[14:31] {nemo} see if old support beomes resistance on spy
[14:32] {Threei}  very listless day for me
[14:32] {dino} here too, missed a bunch earlier, up slightly
[14:33] {dino} am hurting me last 4 days
[14:33] {magoo} yea, been slightly neg all day
[14:33] {dino} pm better
[14:33] {dino} to .41 rost
[14:34] {dino} out slip,.39, +.24
[14:34] {nemo} dino as an outlier, seems scalping rules the day
[14:34] {dino} yeah
[14:34] {dino} size up cut em quick
[14:36] {nemo} lets blame it on HFT and algos
[14:37] {strider} algo invented HFTs
[14:37] {nemo} works for me
[14:37] {Threei}  why so complicated? Les is not here
[14:37] {nemo} It's hard to say anything nice about him
[14:38] {nemo} Then again, I have problems saying nice things in general
[14:39] {Threei} Short Setup: FCX  .30 break
[14:39] {Threei}  stop above .40 of course
[14:40] {Threei}  and if works, not a sca;lp, should be good for more
[14:40] {nemo} oy, I would think this is a two way
[14:41] {Threei}  not sure I got what you mean
[14:41] {nemo} brak of .35
[14:42] {nemo} break
[14:42] {Threei}  if it's two ways, .30 triggered first nonetheless, roight?
[14:42] {nemo} yeah,
[14:42] {nemo} bu
[14:42] {Threei}  market spike out of nowhere
[14:42] {Threei}  shrug
[14:42] {magoo} mkts feels up (kinda lol)
[14:43] {strider} stop fcx -.12
[14:43] {nemo} definite maybe mags
[14:44] {magoo} i am really really sure , i think
[14:44] {Threei}  I am absolutrely sure I am clueless today
[14:44] {magoo} TSLA rips
[14:45] {Threei}  US) Preview: May Consumer Credit due out at 15:00ET
[14:45] {Threei}  **Consensus expectation: -$2.3Be v +$1.0B prior
[14:49] {strider} spy hitting head on 200ma
[14:50] {strider} long bp .37
[14:52] {magoo} any play TSLA vad?
[14:52] {nemo} short
[14:53] {Threei}  16.50 break a while ago is the only darn thing I an see as a valid play today
[14:53] {Threei}  the rest is total ECG
[14:53] {Threei}  messy chart
[14:53] {nemo} see...short
[14:54] {nemo} but like everything else today...a frikin' scalp
[14:54] {Threei}  5 cents?
[14:54] {nemo} I called it at 17.10
[14:54] {nemo} would have been .10, but the stop would have been undisciplined
[14:55] {nemo} but it is continuing to fall a bit
[14:56] {nemo} woulda' got .20
[14:57] {nemo} .30
[14:58] {nemo} so 1:2 would have been reasonable
[14:58] {nemo} probably bounce around .70
[14:58] {strider} out 1/2 BP .44
[14:59] {Threei}  KS) UN Security Council has reportedly decided to make a formal declaration on the ship sinking
[14:59] {Threei}  {North Korea} uh oh... scary...
[15:00] {Threei}  US) MAY CONSUMER CREDIT: -$9.1B V -$2.3BE
[15:00] {nemo} whoa
[15:00] {Threei}  prior revised lower from +1.0B to -$14.9B
[15:00] {Threei}  ????
[15:00] {Threei}  that's some revision
[15:00] {nemo} WOW!!!
[15:00] {nemo} go short!
[15:00] {dino} see the #'s are always fudged
[15:01] {Threei}  I can't believe it
[15:01] {nemo} fudged!
[15:01] {nemo} It's unadulterated prevarication
[15:01] {Threei}  you can fudge 1.3 to 1.5
[15:01] {Threei}  or 1.1
[15:01] {Threei}  but -15 to + 1??
[15:01] {Threei}  Total consumer credit annual rate -4.5%
[15:01] {Threei}  - Revolving credit -$7.4 v -$8.5B (20th straight decline; longest decline on record
[15:04] {Threei}  lol, market loses sensitivity to all this stuff
[15:05] {Threei}  if they announce that GDP has shrunk by 50% in the last 15 min, market will probably respond by two downticks
[15:05] {dino} hmmm, bad news doesn't matter perhaps
[15:05] {strider} stopped last half BP -.01
[15:11] {Threei}  OK, time to decide
[15:11] {Threei}  larisa, dino
[15:11] {Threei}  red? green?
[15:11] {Threei}  magenta? cyan?
[15:12] {larisa} +70
[15:13] {Threei}  me, barely green, maybe +5 or 10
[15:13] {larisa} yesterday i wanted to say 10k+ but was afraid to look like an optimistic idiot :)
[15:13] {Threei}  women can't be idiots
[15:13] {Threei}  sorry but we men monopolize that honor
[15:14] {larisa} believe me, we can
[15:14] {Threei}  you girls can be, umm, charmingly silly
06[15:14] * strider slaps Threei around a bit with a large cardboard cutout of Madonna
[15:15] {Threei}  charming
[15:16] {dino} i think +100 dji
[15:17] {Threei}  considering that my today's record is beyond pitiful, you both are probably right
[15:17] {_khaln} ok
[15:17] {strider} So, decreed any stately pleasure domes lately, _khaln?
[15:18] {strider} (nobody will get that)
[15:18] {Threei}  I certainly don't
[15:18] {Threei}  ooh
[15:18] {Threei}  Xanadu
[15:18] {strider} In Xanadu did Kubla Kahn, a stately pleasure dome decree,
[15:18] {Threei}  yeah, got it now
[15:19] {strider} lwhere Aplh, the sacred river ran, in caverns measureless to man,
[15:19] {dino} showing your age
[15:19] {strider} down to a sunless sea.
[15:19] {Threei}  Coleridge
[15:19] {strider} Yea, I was born 3 years before Coleridge.
[15:19] {nemo} love those pleasure domes
[15:19] {magoo} TSLA high
[15:20] {strider} especcially the stately ones.
[15:20] {magoo} could GOOOOO
[15:20] {nemo} I can see les with an albatross around his neck
[15:20] {strider} 5'10" or better.
[15:21] {dino} whr sm l .52
[15:24] {Threei}  VVUS FDA reportedly reschedules Qnexa review for 1 day earlier than planned
[15:24] {Threei}  - Staff review now to come on July 12
[15:30] {Threei}  guess who is on TV
[15:32] {dino} out whr .97, +.45
[15:34] {Threei}  OK, we need to drop 80 points in a hurry for my prediction to earn me a beer
[15:34] {Threei}  I can see my beerless nearest future...
[15:35] {Threei}  wow
[15:35] {Threei}  anyone hearing speech?
[15:35] {Threei}  totaly taken out of 2 years old campaign
[15:35] {dino} what speech
[15:36] {Threei}  derivatives are not good for you, all those free market folks tell you you are on your own if you don't have insurance or can't afford college
[15:36] {Threei}  no one bothers to write new talking points?
[15:37] {Threei}  polls don't matter, I know what is good for America
[15:37] {Threei}  okay...
[15:37] {Threei}  mute
[15:37] {dino} lol
[15:37] {Threei}  I quoted dino, believe it or not
[15:37] {Threei}  what hubris
[15:37] {dino} 100
[15:37] {strider} Even polled Americans sometimes grow horns.
[15:39] {nemo} see you guy tomorrow
[15:39] {dino} cya nemo
[15:39] {strider} take care, nemo.
[15:40] {strider} wow GS
[15:43] {dino} sm s whr .09
[15:44] {dino} cov .19 -.10
[15:45] {Threei}  hard to qualify today
[15:45] {Threei}  for a breather, a bit too high ending,
[15:46] {Threei}  for a rally continuation, a bit too low volume
[15:46] {Threei}  not sure how it translates into tomorrow
[15:46] {dino} pain
[15:46] {Threei}  lol
[15:57] {Threei}  OK guys, I'll pretend I haven't even waken up today
[15:57] {Threei}  and start life anew tomorrow
[15:57] {Threei}  deal?
[15:58] {Threei}  anyone asks, that was not_vad today
[15:58] {_khaln} deal
[15:58] {Threei}  :)
[15:58] {strider} ha
[15:58] {Threei}  thank you all,
[15:58] {Threei}  have a good evening, see uou tomorrow
[15:58] {strider} thanks, vad.
[15:58] {_khaln} thx vad
[15:58] {Threei}  btw
[15:59] {Threei}  don't forget to look at today's charts in the log
[15:59] {Threei}  will be a cute one
[16:03] {dino} thx all, good time