Monday, July 12, 2010

Jul 12 2010

Not very active but 100% winning day with no stops. BP behaved the best for us on both long and short side. Chart is for the long play - consolidation after the pullback, break of resistance starts nice bounce. Due to lunch time we played it for 1:2 but it yielded much bigger move (providing us with nice short later on)

Session Start: Mon Jul 12 00:32:29 2010

[08:28] {hawk} good morning
[08:29] {Threei}  good morning
[08:30] {hawk} Hey Vad :)
[08:30] {Threei}  :)
[08:58] {dino} gm all
[08:58] {nemo} yet to be determined
[08:58] {dino} lol
[08:58] {Threei}  dino, nemo :)
[08:59] {hawk} nemo, dino :)
[08:59] {nemo} raptor
[09:03] {magoo} morning
[09:05] {magoo} helo?l
[09:05] {magoo} sigh
[09:05] {magoo} hello?
[09:05] {hawk} mags :)
[09:05] {magoo} hi hawk
[09:05] {nemo} mags
[09:06] {magoo} cap'n
[09:06] {Threei}  oops... I forgot to take magoo of ignore
[09:06] {Threei}  hi mags
[09:06] {magoo} lol
[09:06] {Threei}  I just do it for the weekend, you know
[09:06] {Threei}  for the sheer pleasure of it
[09:08] {dptl} morning
[09:08] {Threei}  dp :)
[09:13] {Threei}  BP looks strong
[09:15] {nemo} acquisition target
[09:15] {shorty} good morning
[09:16] {Threei}  shorty :)
[09:16] {Threei}  wwelcome back
[09:17] {shorty} thank you
[09:18] {nemo} shorty, it'll be a great Les
[09:18] {shorty} lol
06[09:18] * magoo slaps shorty around a bit with a large trout
[09:18] {shorty} It felt different this morning for some reason.
[09:19] {shorty} how was it last week?
[09:19] {nemo} yeah, it's like that rash that went away, but you've had it so long, you didn't notice
[09:20] {nemo} bp going vertical
[09:20] {dino} options exp fri, watch the 0s and 5s imo
[09:21] {_khaln} gm
[09:21] {lasertrev} morning
[09:22] {Threei}  khaln, trev :)
[09:23] {larisa} gm :)
[09:23] {Threei}  larisa :)
[09:23] {larisa} vad :)
[09:23] {nemo} dcc Dino
[09:24] {jfjf64} mornin
[09:25] {nemo} bp running again
[09:25] {Threei}  jf :)
[09:26] {strider} morning all.
[09:26] {Threei}  strider :)
[09:26] {Threei}  MAGS Magal Security Systems (USA) Receives a Letter of Support From its Principal Shareholder
[09:26] {Threei}  hmmm
[09:26] {Threei}  magoo, what is it you are not telling us
[09:29] {shorty} I wonder if ese is still partying after Spain won?
[09:29] {Threei}  for a week, yes
[09:29] {Threei}  in Whistler
[09:32] {Threei} Long Setup:  LVS  .30 break
[09:32] {Threei}  invalidated
[09:32] {Threei}  but on radar still
[09:33] {nemo} damn, was thinking .25 break
[09:33] {Threei}  ugh... jumped
[09:33] {Threei}  yeah, me too
[09:34] {Threei}  but it wasn't a break, it was teleportation
[09:34] {strider} BP selloff
[09:34] {nemo} it closed above the morning low, woulda' been .10 stop
[09:34] {nemo} that previous candle
[09:35] {Threei}  BP, let's let it frop under .40
[09:35] {magoo} i caught it, out dime
[09:35] {magoo}  .46
[09:35] {strider} frop away, BP!
[09:35] {Threei}  formally, .50 break is setup, but it fails this kind more often than works
[09:36] {Threei}  I'd prefer to look for entery on hard shakeout
[09:36] {Threei}  most likely under .30
[09:36] {nemo} VMW
[09:37] {Threei}  LVS, dive under .30 gets us interested again
[09:37] {Threei}  BP got away
[09:38] {magoo} BP prob goes 37 today
[09:39] {Threei}  LVS under .30, double bottom on recross if holding .20
[09:40] {Threei}  1:1
[09:40] {nemo} I think fcx bottoms .15-.20 area
[09:41] {Threei}  BP starts looking like momo candidate
[09:41] {Threei}  let's hunt for pullback entry
[09:41] {Threei}  around .60 - .70 most likely
[09:41] {nemo} nope on fcx
[09:42] {dino} lfc?
[09:42] {nemo} crissakes vmw
[09:42] {magoo} APC launched
[09:42] {Threei}  LVS 1:2
[09:42] {Threei}  no news that I see on LFC
[09:43] {strider} thks vad, LVS
[09:43] {Threei}  :)
[09:43] {Threei}  come on BP, let us in
[09:43] {nemo} looks like fcx is building a base around .20 with a low of .08
[09:43] {magoo} no kidding
[09:44] {magoo} BP i mean
[09:44] {Threei}  ok, it's trying to shake out late entries now
[09:44] {magoo} FCX looks like another leg down
[09:44] {magoo} 63.70
[09:44] {nemo} bp should see resistance here, look for a break above .03 possibly
[09:44] {Threei}  yeah, not delighted by FCX
[09:44] {nemo} if it loses support goes to .88 area
[09:45] {Threei}  materials are interestingly weak
[09:45] {Threei}  FCX, X, AA
[09:46] {nemo} they whacked it out of the park last week...$ is stronger
[09:46] {Threei}  one more sharp dive please, BP
[09:46] {dino} kss hl l .75
[09:46] {Threei}  36 break is valida play on BP, just remember what momo is
[09:47] {Threei}  risk is much higher than normal trades
[09:47] {Threei}  smaller shares, wider stop
[09:47] {nemo} fcx held
[09:47] {Threei}  technicals mean less, momentum is the name of the game
[09:47] {Threei}  ideally, it drops to about .70 before it becomes technical entry
[09:48] {Threei}  but if holding .85 and breaks 26, can try for momo
[09:48] {nemo} breaks "26"
[09:48] {Threei}  36
[09:49] {magoo} id like see bp .50 area
[09:49] {dino} lfc sm l break of .50
[09:49] {magoo} and hold
[09:49] {Threei}  ok, elimination of chasers takes place, good
[09:49] {Threei}  that's exactly why you never chase momo
[09:49] {nemo} only shots?
[09:49] {magoo} fcx dive coming
[09:49] {Threei}  it's brutal when you are late
[09:50] {nemo} yeah, had that experience
[09:50] {nemo} can't get enough vaseline
[09:50] {Threei}  and it adds insult to injury by eventually coming back and climbing ever higher after destroying you
[09:51] {Threei}  .80 break is first try
[09:51] {Threei}  stop under .70
[09:52] {magoo} jpm good sh if futes fail
[09:53] {magoo} apc bouncer vad?
[09:54] {Threei}  yes, but thin one
[09:54] {Threei}  smaller shares
[09:54] {Threei}  .40 break
[09:54] {Threei}  BP half lot if triggers
[09:54] {Threei}  maybe 3/4
[09:55] {Threei}  calmed down a little, easier to control risk
[09:57] {Threei}  APC 1:1
[09:57] {Threei}  Presidential Oil Spill Commission co-Chair Bob Graham: commission will study whether the BP well was an outlier (related BP USO OIH )
[09:58] {magoo} GS spikes
[09:58] {Threei}  yeah, looking at FAS
[09:58] {nemo} bp break .75?
[09:59] {nemo} big offer
[09:59] {nemo} hold .65 of course
[09:59] {Threei}  it's a valid trigger although I'd really prefer one more final selloff,
[09:59] {Threei}  killing hopeful longs ultimately,
[09:59] {nemo} .65 was open
[09:59] {Threei}  so early momo chasers totally give up
[10:00] {nemo} and just above .50
[10:00] {Threei}  with this entry, just be ready for multiple tries
[10:02] {nemo} took half at .84
[10:02] {Threei}  (GR) Greece Fin Min: 1H 2010 deficit at 9.64B; -46% y/y (related NBG EUR/GBP EUR/USD EUR/JPY EUR/CHF )
[10:03] {Threei}  US) Fed Chairman Bernanke: Ensuring small businesses' access to credit is a key part of the economic recovery
[10:03] {Threei}  - Notes that some small companies are being denied loans.
[10:03] {Threei}  - Must ensure that borrowers with good credit are able to continue borrowing.
[10:04] {nemo} stop to 70
[10:04] {dino} clf sm l .02
[10:04] {nemo} .70
[10:05] {Threei}  (UK) UK Fin Min: In support of naming certain EU nations who have broken deficit rules (related NBG EWP EUR/GBP EUR/USD EWI )
[10:06] {nemo} big offer .83 bp
[10:06] {dino} clf stopped -.26
[10:06] {nemo} new valid trigger
[10:06] {Threei}  1:1
[10:06] {dino} kss stopped -.26
[10:08] {dino} lol, on uk finance min., just like they are afraid to say north korea on ship sinking
[10:09] {Threei}  I for one always support aming idiots idiots
[10:09] {Threei}  naming
[10:10] {nemo} 1/4 more
[10:11] {nemo} stop now .80
[10:11] {Threei}  looking at LVS again but not in a rush to get in
[10:11] {shorty} out bp .90
[10:12] {shorty} ty Threei
[10:13] {Threei}  LVS, loss .20 is most probably next step
[10:17] {Threei}  FCX starts looking like another breakdown coming
[10:17] {Threei}  .75 break, half lot
[10:18] {Threei}  invalidated
[10:18] {dino} whr sm l .95
[10:20] {Threei} Long Setup:  X  .50 break
[10:20] {Threei}  half lot
[10:20] {Threei}  if stays bove .40
[10:23] {Threei}  LVS swan dive
[10:23] {Threei}  X invalidated
[10:25] {dino} whr stopped
[10:26] {nemo} waiting .05 last bp
[10:26] {shorty} good patience nemo.
[10:26] {nemo} never hit stops
[10:26] {nemo} and my stops tighter than Vad's
[10:26] {nemo} I think
[10:27] {magoo} thats more like a long trigger
[10:27] {nemo} yeah, thinking about that too
[10:27] {shorty} I know, I was thinking of going back in at .81-.85
[10:27] {nemo} debating
[10:27] {jfjf64} bp  gettin  ready  to  launch
[10:27] {magoo} yea imo
[10:27] {nemo} I stayed
[10:27] {magoo} thinking .40 area, breathe..
[10:27] {nemo} it was strong when market weak
[10:28] {shorty} I took 1:1 on it.  It's all good.
[10:28] {magoo} yea
[10:28] {nemo} some is better
[10:28] {strider} long X .31
[10:28] {magoo} bird in bush thing
[10:28] {strider} stop .20
[10:28] {magoo} apc interesting vad
[10:28] {nemo} rimm bounce Vad
[10:29] {nemo} ?
[10:29] {Threei}  market looks down, mags
[10:29] {Threei}  goes for RIMM too
[10:29] {nemo} spy bounces .65
[10:30] {shorty} WFC Threei?
[10:30] {strider} out 1/2 X .39
[10:30] {nemo} stop for last bp .90
[10:30] {Threei}  WFC is not a play either way, too narrow today
[10:30] {shorty} thanks
[10:32] {strider} X stop  to .25
[10:35] {strider} X stop to b/e
[10:36] {Threei} Short Setup: BP  36 break
[10:36] {magoo} nah
[10:36] {Threei}  .15 is invalidation
[10:36] {nemo} market headed up
[10:36] {strider} 1/4 X .49
[10:37] {magoo} risk is BP may squeeze vad imo
[10:37] {dino} clf l .45
[10:37] {strider} sstop X to .48
[10:38] {strider} to .50
[10:39] {strider} out .49
[10:39] {Threei}  wtg
[10:39] {nemo} another launch point for bp
[10:41] {Threei}  momo returns to it
[10:41] {nemo} now when do I get out...nice problem to have
[10:42] {magoo} took .15 out .31
[10:43] {shorty} Was short BP .11...exit .16
[10:43] {Threei}  .11?
[10:43] {Threei}  kind of not here nor there
[10:43] {Threei}  arbitrary point
[10:43] {nemo} I'll set the stop at .10
[10:43] {shorty} I went with you....aggresive entry I guess.
[10:43] {nemo} might as well let it "breathe" as Vad would say
[10:44] {nemo} still strong against the market
[10:45] {Threei}  (US) Fed's Lacker: Not expecting housing to dramatically worsen; not currently evaluating further easing steps and would require a very adverse shock to the economy before such consideration (related XHB TLT SHY IEF EUR/USD USD/JPY )
[10:50] {nemo} stopped last bp
[10:50] {nemo} and of coursse it bounces
[10:52] {strider} long VZ .49
[11:02] {Threei}  can't find any decent short trigger
[11:02] {Threei}  FCX .50 looked like it
[11:03] {Threei}  hesitated for some reason...
[11:03] {Threei}  my fault, it was a valid one
[11:03] {jfjf64} i say
[11:03] {jfjf64} lol
06[11:04] * Threei slaps jfjf64 around a bit with a large sense of relief
[11:04] {jfjf64} wd  rather  large  roll  of  cash
[11:05] {jfjf64} lol
[11:05] {Threei}  yeah, me too
[11:05] {shorty} STP Threei?
[11:05] {Threei}  but it's not here yet
[11:06] {Threei}  moves 5-7 cents with such market drop... not very interesting
[11:07] {shorty} Picking the slow movers today.
[11:08] {shorty} should have asked you about BP
[11:10] {jfjf64} lk lvs  bounce
[11:10] {Threei}  nope
[11:10] {nemo} rimm short .60ish
[11:10] {nemo} ?
[11:11] {Threei}  probabkly
[11:12] {Threei}  see, the problem is,
[11:12] {Threei}  we are not getting strong continuation on breakdowns
[11:12] {Threei}  it';s a very slow drift down with spikes
[11:12] {strider} Got T'storms coming thru here.  Shutting down shortly.
[11:12] {Threei}  shorting breakdowns is not really easy way to profit,
[11:12] {Threei}  and bounces do not provide clear triggers
[11:13] {dino} cf sm l .00
[11:15] {Threei}  wow BP
[11:15] {shorty} hmmmm
[11:15] {_khaln} DISCA  ? any setup?
[11:16] {Threei}  no really... drifing with market
[11:16] {_khaln} thx
[11:16] {nemo} might look for a pullback in .65 area then break above .70 to confirm IH&S
[11:16] {nemo} break on volume of course
[11:17] {Threei}  it's a valid pattern, I just don't thinkj market is ready fo a bounce
[11:18] {Threei}  and DISCA is not likely to do anything withut market help
[11:18] {nemo} not as dumb as I look
[11:20] {larisa} how dumb people look? any specifics?
[11:20] {strider} taking -.03 VZ.  Shutting down computer for thunderstorm.  Back Later.
[11:20] {Threei}  take care strider
[11:21] {Threei}  larisa, give me a few secs to run to the nearest miror
[11:21] {shorty} see ya strider
[11:21] {nemo} fire on the mountain run boy run
[11:22] {strider} better check those hills for gold...ya never know.
[11:22] {nemo} thought you were going to check your still
[11:22] {nemo} rimm dropped into trigger
[11:22] {nemo} sonafa
[11:22] {nemo} figures
[11:24] {Threei}  Apple Inc Consumer Reports has determined that it would not recommend the iPhone 4
[11:24] {Threei}  - Report cites the hardware with the iPhone 4's antenna and reception.
[11:24] {Threei}  - "When your finger or hand touches a spot on the phone's lower left sidean easy thing, especially for leftiesthe signal can significantly degrade enough to cause you to lose your connection altogether if you're in an area with a weak signal. Due to this problem, we can't recommend the iPhone 4."
[11:25] {Threei}  Our findings call into question the recent claim by Apple that the iPhone 4's signal-strength issues were largely an optical illusion caused by faulty software that "mistakenly displays 2 more bars than it should for a given signal strength."
[11:25] {Threei}  - The tests also indicate that AT&T's network might not be the primary suspect in the iPhone 4's much-reported signal woes.
[11:28] {Threei}  British Petroleum plc States that BP is not in negotiations to sell the company to Exxon, confirms that discussions to sell various assets are ongoing - CNBC
[11:37] {Threei} Long Setup:  BP  36 break
[11:37] {Threei}  just a scalp most likely
[11:39] {Threei} Long Setup:  LVS  23 break
[11:39] {Threei}  just a scalp most likely
[11:41] {Threei}  feel free to take profit on BP, or partial - whatever you fancy
[11:41] {Threei}  if partialling, sdtop for the balance to .98 and tryto offer around .15
06[11:42] * Threei slaps jfjf64 around a bit with a large or small but still some lunch money
[11:43] {Threei}  second target is hit
[11:43] {Threei}  no read betind that
[11:43] {Threei}  beyond
[11:43] {magoo} any read RIG?
[11:43] {Threei}  no
[11:46] {Threei}  anyone is awake?
[11:46] {nemo} no
[11:46] {shorty} yup
[11:46] {Threei}  or I am calling shots in desert?
[11:46] {magoo} [11:43] {magoo} any read RIG?
[11:46] {shorty} no, I missed BP...watching LVS
[11:47] {rdw09} Ty Vad, BP + .19
[11:47] {Threei}  thank YOU rdw
[11:47] {Threei}  great to see someone does pay attention
[11:48] {Threei}  the rest is probably waiting for me to go lok in the mirror and return with report to larisa that I promised earlier
[11:49] {magoo} aapl dive
[11:50] {hawk} CNBC report about probs with Iphone 4
[11:50] {Threei}  read earlier by CR
[11:51] {hawk} yep
[11:51] {shorty} Alright, got to go.  Hopefully will be back, if not cya tomorrow.
[11:51] {magoo} hopefully aapl can get to the "core' of the problem
[11:51] {hawk} lol
[11:51] {Threei}  take care shorty
[11:52] {shorty} :)
[11:54] {Threei}  LVS invaliadted of course
[11:56] {magoo} wow aapl legging more
[11:58] {Threei}  no single news headline for 20 minutes
[11:59] {Threei}  can you say heit of summer?
[11:59] {nemo} news in itself
[11:59] {Threei}  height
[11:59] {nemo} woof
[11:59] {Threei}  you condue height of summer with full moon?
[11:59] {Threei}  confuse
[12:00] {nemo} dog days
[12:00] {Threei}  ah
[12:00] {Threei}  me is cat people
[12:00] {Threei}  me know little about fogs
[12:00] {Threei}  dogs
[12:01] {Threei}  me also speak no Englisa and type with my elbows
[12:01] {Threei}  BP new high
[12:01] {Threei}  who said scalp only?
[12:01] {Threei}  he must be hooked through the upper lip and dragged therough the streets by track
[12:01] {Threei}  truck
[12:10] {Threei}  got a few very nice shots of orcas during ocean boat trip this weekend
[12:10] {Threei}  will show in a day or two
[12:11] {Threei}  grey whale too but the thing is lazy... never jumps out of the water really
[12:11] {nemo} why did "Soylent Green is people" line go through my mind on that
[12:11] {hawk} cool
[12:11] {dino} sm l whr .24
[12:12] {Threei}  (US) Senator Brown (R-MA) notes he expects to support the FinReg bill - WSJ
[12:13] {Threei}  *Reminder: 06/29 Rep. Frank said that Democratic senators have worked out a revised Wall St. bill funding with Republican Sen. Snowe, Collins and Brown.
[12:13] {nemo} fcx will go to .90
[12:13] {magoo} u in?
[12:13] {Threei}  I am all eager to see this no doubt brilliant piece of financial trickery
[12:14] {nemo} not yet, nut sure if we're going to get a fakeout first
[12:14] {nemo} see that offer get pulled
[12:16] {nemo} wanna see it hold .30
[12:17] {dino} my thoughts 3i, just like the old regulations weren't enforced, these won't be either. political rain dancing
[12:27] {Threei}  BP seems to establish slow creep up
[12:35] {magoo} ty...50 to .83
[12:36] {hawk} nice
[12:37] {Threei}  :)
[12:38] {nemo} shit..stepped away and fcx triggered
[12:44] {dino} cf stop to .49
[12:45] {dino} out +.49
[12:46] {Threei}  wtg
[12:47] {dino} ty rough a.m.
[12:52] {nemo} well...let's see if fcx sets up a range
[12:53] {strider} .
[13:03] {Threei}  Indirect bidders take 40.6% of competitive bids; direct bidders take 14.26% of competitive bids, dealers take 45.1%.
[13:03] {Threei}  - 72.43% allotted at high.
[13:03] {Threei}  - Median 1.019%; Low 0.947%
[13:05] {Threei} Short Setup: BP  .60 break
[13:06] {jfjf64} hold .70
[13:07] {nemo} .70 is the 50 ma, might be a good place to short
[13:07] {Threei}  let's recalibrate
[13:07] {Threei}  .65 break
[13:08] {nemo} .67 look bid .68
[13:09] {Threei}  yup
[13:09] {nemo} gotta' watch for right side of H&S also
[13:10] {jfjf64} stupid question    good  or  bad
[13:10] {Threei}  ?
[13:10] {nemo} Inverse that is
[13:10] {nemo} sorry
[13:10] {Threei}  (GR) Slovakia PM: Does not agree that there should be aid for Greece (related EUR/USD SOVRX NBG )
[13:10] {nemo} in
[13:10] {Threei}  slovakia says no soup for Greece
[13:10] {strider} short .66
[13:11] {jfjf64} in
[13:11] {nemo} oops
[13:11] {jfjf64} oops
[13:12] {nemo} market going north
[13:12] {strider} stop .75
[13:12] {nemo} yeah
[13:13] {nemo} but that's also resistance
[13:13] {jfjf64} .80
[13:14] {nemo} kick it Vad
[13:14] {nemo} stomp it
[13:15] {jfjf64} we  ok
[13:15] {nemo} ain't hit the stop yet
[13:15] {_khaln} kkkk
[13:15] {nemo} ?
[13:15] {_khaln} sorry
[13:16] {hawk} k
[13:16] {nemo} it's weak for market strength
[13:16] {jfjf64} here  we go
[13:16] {nemo} not till market backs off
[13:17] {jfjf64} d/b  here we come
[13:17] {nemo} don't call me that
[13:17] {Threei}  lol
[13:17] {Threei}  BP is not following market up this time
[13:17] {nemo} missed rimm trigger
[13:17] {Threei}  just need market to reverse now
[13:17] {strider} maybe another kind of bag
[13:18] {nemo} great, the hillbilly pipes up
[13:18] {strider} the pipes are callin'
[13:18] {Threei}  BP is not a scalp for me anymore
[13:18] {jfjf64} comon  baby
[13:18] {Threei}  should be capable of more
[13:18] {magoo} u in?
[13:19] {jfjf64} you  drivin   keep  me  posted
[13:19] {Threei}  stop above .75, let it trade
[13:20] {Threei}  wiuth any market help, target is about .30
[13:20] {jfjf64} k
[13:22] {nemo} now we have a long trigger
[13:24] {larisa} plot_DCPhase.Set(Math.Sin(Math.PI/180*( DCPhase)));
[13:24] {nemo} wtf
[13:24] {larisa} sorry :)
[13:24] {strider} I love it when you talk that way, larisa.
[13:24] {nemo} programming?
[13:25] {Threei}  Math.Sin... my favorite of all sins
[13:25] {nemo} wtf
[13:25] {nemo} ?
[13:25] {nemo} you gotta' get out more
[13:25] {Threei}  what can I do... I like intellectual sins
[13:25] {larisa} wrong window to paste and window was covered!
[13:28] {nemo} oy volume coming in on this rise
[13:28] {strider} turned into water torture stock.
[13:28] {Threei}  time of the day
[13:28] {strider} about 28 past one.  :)
[13:28] {nemo} bamboo shoots
[13:29] {nemo} pungee sticks
[13:29] {strider} Les.
[13:29] {nemo} sex with Roseanne Barr
[13:29] {nemo} yeah...that's the worst
[13:29] {Threei}  Slovakia joined the eurozone on 1/1/2009
[13:29] {magoo} procto exam
[13:29] {Threei}  and already spoils the party
[13:31] {nemo} rimm short here Vad?
[13:31] {Threei}  can't tell really
[13:33] {nemo} starting to get volatile
[13:36] {Threei}  mall Business Association (SBA) President: Credit situation does not appear to be getting much worse, but have not yet turned a corner - CNBC
[13:36] {Threei}  - Reminder: Earlier this morning Bernanke commented that some small companies are being denied loans; and must ensure that borrowers with good credit are able to continue borrowing.
[13:36] {Threei}  die alreaADY bp
[13:36] {nemo} I think if I can get out flat on BP I'll be happy
06[13:37] * strider slaps nemo around a bit with a large cardboard cutout of the Big Bopper
[13:37] {Threei}  traitor
[13:37] {Threei}  here is your flat
[13:37] {nemo} no, I see an inverse H&S forming
[13:37] {Threei}  getottahere
[13:38] {nemo} frickin' peer pressure
[13:38] {strider} go home to fwb
[13:38] {nemo} I am home
[13:38] {nemo} morning visit
[13:38] {strider} technicality
[13:40] {gregns} die now BP pls
[13:40] {nemo} ?
[13:41] {Threei}  pls?
[13:41] {nemo} yeah, what a wuss
[13:41] {Threei}  you seriusly tyhink gentle and polite works with these
[13:41] {gregns} maybe some manners might help??
[13:41] {nemo} Die you MFing BP
[13:41] {Threei}  especially oil-spilling monsters
[13:41] {gregns} im laughing now
[13:42] {Threei}  hit them over the head with 2x4
[13:42] {Threei}  make sure there are some rusty nails in that
[13:42] {nemo} with frickin' nails in it
[13:42] {nemo} oh yeah
[13:42] {nemo} scarry
[13:42] {Threei}  or, using vocabulary of our poresident,
[13:42] {strider} I thought fricken nails were banned in Kanada.
[13:43] {Threei}  keep the boot on their neck and fire to their feet
[13:43] {nemo} nice one Strider
[13:43] {dino} lol
[13:43] {strider} have to be round nose.
[13:43] {strider} fmj
[13:43] {nemo} this is my rifle this is my gun
[13:43] {Threei}  nemo, you have your 1:1, you wimp
[13:43] {nemo} ty
[13:44] {Threei}  welcome
[13:44] {Threei}  or, as we say in Kanada, welkome
[13:44] {gregns} ty although testing this newbies patience
[13:44] {Threei}  that's OK, patience tests well
[13:45] {gregns} i am glad that a few in here have a sense of humor
[13:45] {Threei}  not me
[13:45] {nemo} Les is the worst
[13:46] {Threei}  I am grim humorless creature
[13:46] {strider} go back under your bridge, vad.
[13:46] {gregns} if you spelled better you might be funnier??
[13:46] {Threei}  where all the trolls are?
[13:46] {strider} y
[13:46] {Threei}  and leprechauns
[13:46] {nemo} nah, that's not nice forcing him to spend time with Les
[13:47] {Threei}  gregm I decisively refuse to spell well
[13:47] {Threei}  this is just against my life-guiding principles
[13:47] {nemo} do unto others before they do unto you
[13:47] {gregns} i see
[13:49] {gregns} vad, r u still in BP?
[13:49] {Threei}  half
[13:49] {Threei}  1:1 is for partialling
[13:50] {gregns} thks, ok
[13:52] {magoo} what entry u get?
[13:53] {Threei}  .67
[13:57] {magoo} any other day that would swish down .89 cents
[13:57] {Threei}  well, it's summer
[13:58] {Threei}  mags, you remember what an incredibly jumpy monster RIMM used to be?
[13:58] {Threei}  look at it now
[13:59] {Threei}  yessss BP
[13:59] {Threei}  finally
[13:59] {nemo} 1:2
[13:59] {Threei}  1/4 more out
[13:59] {magoo} earnings should..i say..should, liven things
[13:59] {Threei}  and .30 is last target
[13:59] {strider} I am amazed that BP worked.
[13:59] {magoo} im amazed it took this long
06[13:59] * Threei slaps strider around a bit with a large of faith
06[13:59] * Threei slaps strider around a bit with a large dose of faith
[14:00] {hawk} great call vad, thx
[14:00] {Threei}  :)
[14:00] {nemo} if it loses this area .15 is in the cards
[14:02] {strider} yes, should listen to Luther more, I suppose.
[14:02] {magoo} i agree
[14:02] {magoo} or concurr
[14:02] {magoo} mad cap'n nemo
[14:03] {nemo} what?
[14:03] {strider} sounds like a breakfast cereal.
[14:08] {dino} out whr .91, +.66
[14:08] {Threei}  wtg
[14:08] {dino} ty
[14:14] {nemo} bidu break of .80 could be interesting
[14:17] {dino} mos
[14:17] {nemo} I have a suppor line drawn in, I don't know why, around .75
[14:18] {strider} too early for suppor
[14:18] {nemo} gag
[14:18] {nemo} support
[14:18] {nemo} look for db there dino?
[14:19] {Threei}  White House: New moratorium announcement on deepwater drilling to come at approx 1600ET (related PXD RDS.A STL.NO MMR HOS HAL BP CAM SPN CLH )
[14:19] {dino} looking...
[14:20] {Threei}  so, court will strike their moratorium and they will simply announce another?
[14:21] {dino} lfc, cboe
[14:31] {magoo} c'mon..rot
[14:35] {dino} lfc hl l .08
[14:36] {strider} L M
[14:36] {strider} L mos .89  small
[14:38] {magoo} covered .41
[14:38] {magoo} .69 - .41
[14:39] {magoo} ty boss
[14:39] {Threei}  welkome as we says in Kanada
[14:40] {Threei}  btw, remember long LVS call on 23 break, made sometime this millenium?
[14:41] {Threei}  reestablished itself and worked... but I was in deep come
[14:41] {Threei}  coma
[14:41] {dino} clf lod
[14:44] {dino} partial itri .53 ave
[14:46] {strider} top MOS -.40
[14:46] {strider} oh well.   looked so good, too.
[14:47] {dino} they all do
[14:47] {nemo} especially at 2:00 am after a gallon of beer
[14:48] {dino} lol
[14:48] {nemo} what are we talking about by the way
[14:48] {nemo} ?
[14:48] {strider} yep..  The later it gets, the better they look.
[14:53] {strider} wow MOS
[14:55] {strider} NEW YORKMosaic Co. said it has sent a letter to its employees warning them the fertilizer company may have to indefinitely close a phosphate rock mine in Florida as a result of a lawsuit by environmental groups that threaten the mine's license.
[15:01] {nemo} 50% volume
[15:02] {nemo} fas could be a scalp drop under .90 and recross
[15:03] {nemo} o.k. bounce at .90
[15:09] {nemo} mos now stronger than the market
[15:15] {strider} market now stronger than mos
[15:23] {Threei}  Tesla Motors Planning to deliver 2 new electric prototypes to Toyota in July - WSJ
[15:23] {Threei}  - Reminder: on 6/11 Toyota and Tesla partnered to create a prototype electric car in 2010. Toyota also reportedly purchased $50M of Teslas common stock.
[15:25] {dino} toysla
[15:25] {nemo} cute
[15:37] {strider} am I here?
[15:38] {Threei}  this is very existential question
[15:38] {strider} Actually yes.    Am re-reading Wm Barrett's Irrational Man.
[15:39] {strider} First read in the id-60s.
[15:39] {strider} mid
[15:39] {nemo} freudian
[15:40] {strider} well, id-60s, id-70s.   each decade, it grows.
[15:40] {magoo} hiccup
[15:40] {nemo} hehehehe
[15:40] {dino} yeah, you are here
[15:40] {nemo} am I a man dreaming of being a butterfly, or a butterfly dreaming of being a man
[15:41] {strider} Was really a quote from Jim Ignatowski....on Taxi?
[15:41] {strider} on taxi.
[15:41] {dino} actually, i'm here your over there
[15:41] {dino} hod
[15:41] {strider} But when I was in PA the other week, I was there.  How can this be.?
[15:42] {dino} lfc to .50
[15:42] {dino} out +.42
[15:45] {magoo} vad, just looked at analysis, we 100% today
[15:46] {Threei}  really?
[15:46] {Threei}  nice... I guess I am not really awake
[15:47] {magoo} thats what i have
[15:47] {Threei}  or too submerged in strider's deep philosophical musings
[15:47] {Threei}  I mean, how many bees did really Shakespear had in mind?
[15:47] {Threei}  two bee? ot not two bee?
[15:48] {Threei}  and was it bee or beer...
[15:49] {strider} Just reading about Jim Ignatowski on wikipedia:  He ........was once traded from his commune to another commune for two goats and a Donovan album
[15:52] {strider} I'm voting for Aunt Bee, vad.
[15:55] {magoo} ok, ty all
[15:55] {magoo} c u morrow
[15:55] {Threei}  see, you keep introducing new variables...
[15:55] {nemo} nite
[15:55] {Threei}  it doesn't make my life any easier
[15:56] {strider} well you let Les in.
[15:56] {Threei}  thank you all
[15:56] {strider} talk about a new variable.
[15:56] {Threei}  have a good evening
[15:56] {nemo} thank you Vad
[15:56] {Threei}  lol
[15:56] {Threei}  see you tomorrow
[15:56] {_khaln} bye all
[15:56] {strider} bu-bye
[15:56] {nemo} thanks for the warning, Vad
[15:56] {hawk} thx, cu
[15:57] {larisa} bye all :)
[15:58] {strider} night, larisa.
[15:58] {larisa} bye strider !
[15:58] {strider} Good night, john-boy.
[16:01] {dino} gn all