Other than that, nice day with a few good trades, notably AAPL long for a $1.30 run
Session Time: Fri Jul 16 00:00:00 2010
[08:11] {Threei} (US) Preview: Jun Consumer Price Index, CPI ex Food & Energy and CPI NSA due at 08:30 ET (12:30 GMT)
[08:34] {Threei} *(US) JUN CONSUMER PRICE INDEX M/M: -0.1% V -0.1%E; CPI EX FOOD&ENERGY M/M: 0.2% V 0.1%E; CPI NSA: 217.965V 218.298E
[08:34] {Threei} - CPI Y/Y: 1.1% v 1.2%e
[08:34] {Threei} - CPI core Y/Y: 0.9% v 0.9%e
[08:34] {Threei} - CPI core index SA 221.388 v 221.037 prior
[08:35] {magoo} morning
[08:35] {Threei} magoo :)
[08:35] {magoo} hi vad
[08:37] {Threei} BP Exec: Pressure in the well is continuing to rise as test moves forward; no evidence of well damage seen (38.92, 0.00, 0.00%)
[08:37] {Threei} To begin seizmic testing on seafloor shortly
[08:38] {magoo} did mkts close green yesterday, for life o me i cant remember
[08:38] {Threei} SPY did
[08:39] {Threei} DJI slightly in red
[08:39] {Threei} NDX slightly green
[08:40] {magoo} ah, saw broke winning streak
[08:40] {magoo} thats a good pullbk tho, so upward we go :)
[09:00] {Threei} *(US) MAY NET LONG-TERM TIC FLOWS: $35.4B V $40.0BE; TOTAL NET TIC FLOWS: $ V $15.0B PRIOR
[09:00] {hawk} viva las VVUS
[09:00] {Threei} heh
[09:00] {Threei} VVUS - if the cut is at the neck level, can it still be called a haircut?
[09:00] {hawk} lol :)
[09:07] {strider} morning folken
[09:07] {Threei} strider :)
[09:07] {strider} vad:)
[09:11] {shorty} morning
[09:11] {Threei} shorty :)
[09:14] {i2romantis} morning all :)
[09:14] {Threei} i2r :)
[09:20] {strider} BP .30 short?
[09:21] {Threei} let's not jump in premarket
[09:22] {strider} {------duct tapes hands to desk chair
[09:22] {Threei} now try to sit on them too
[09:24] {jfjf64} mornin
[09:24] {Threei} jf :)
[09:28] {Threei} poor VVUS
[09:28] {Threei} this is not a haircut at the neck level - rather at the waist level
[09:29] {hawk} with a chain saw
[09:29] {Threei} {VVUS} oh shut up, you... you don't even have a waist
[09:29] {larisa} gm
[09:29] {Threei} larisa :)
[09:31] {Threei} BP sharp drop
[09:33] {Threei} getting interesting
[09:33] {magoo} look RIG too vad
[09:33] {Threei} one more leg down, and bottom hunt is in order
[09:34] {Threei} from under .90 should be it
[09:34] {Threei} .90 break, half lot
[09:34] {Threei} stop under .80
[09:34] {lasertrev} morning
[09:35] {Threei} trev :)
[09:35] {Threei} 1:1, half out
[09:35] {Threei} scalpers are out in full
[09:35] {strider} out in full +.10
[09:36] {Threei} VVUS
[09:36] {Threei} geting interested in possible double bottom
[09:37] {gregns} ty .94 to .06 + .12 BP
[09:37] {Threei} 5 break if holding 4.90
[09:37] {Threei} greg )
[09:38] {strider} missed
[09:38] {Threei} 1:1 who caught it
[09:40] {magoo} mkissed
[09:40] {gregns} .03 to .10 VVUS only got 100 shs btn
[09:41] {Threei} hey, profit is profit but don't spend it all at once, lest you cause inflation singlehandedly
[09:41] {Threei} let the Fed to take care of that {G}
[09:43] {strider} GE taking a hit.
[09:43] {Threei} (US) Preview: July Preliminary University of Michigan Confidence due out at 09:55ET
[09:46] {Threei} Long Setup: FCX .15 if holding above 67, half lot
[09:47] {Threei} invalidated but may form another one: 62 break ig no new lows
[09:47] {Threei} ig = if
[09:48] {Threei} whatever, doesn't shape up anyway
[09:48] {Threei} watching GLD,
[09:48] {Threei} idea is to let it go over .50 and look for short setup
[09:48] {Threei} confidence numbers are in 7 min...
[09:49] {Threei} ugh, FCX did bounce
[09:49] {Threei} without clean setup though
[09:51] {magoo} such a nasty trader fcx
[09:51] {Threei} as most of volatile ones... sometimes readable, sometimes not so much...
[09:51] {Threei} oh, and sometimes it rains
[09:52] {strider} fls halted
[09:54] {Threei} GLD dropped off that .50
[09:54] {Threei} didn't give us any kind of consolidation above it
[09:55] {Threei} stop would have to be a purely arbitrary, and I hate that
[09:55] {Threei} *(US) JULY PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 66.5 V 74.0E
[09:55] {Threei} - 1 yr median inflation expectations at 2.9% v 2.8% June final.
[09:55] {Threei} - 5 yr median inflation expectations at 2.9% v 2.9% June final.
[09:56] {Threei} Long Setup: LVS 24 break
[09:57] {Threei} invalidated
[09:57] {Threei} watching for another setup
[09:57] {Threei} from under .80 most likely
[09:58] {Threei} FCX again,
[09:59] {Threei} 62 break
[09:59] {Threei} half lot
[09:59] {Threei} if holding above .85
[10:00] {jfjf64} look x
[10:00] {strider} stop FCX
[10:00] {jfjf64} .95 ton shares
[10:00] {strider} long VVUS .16
[10:00] {strider} out .28
[10:03] {Threei} Short Setup: FCX .80 half lot
[10:05] {Threei} this .82 buyer is holding it, if he gives up, should drop like stone
[10:06] {Threei} cover half here
[10:07] {Threei} scalpers kjnow what to do
[10:07] {strider} out +.17
[10:07] {magoo} dow red 180
[10:07] {Threei} stop to b/e for the balance
[10:07] {jfjf64} nice read ty
[10:08] {Threei} welcome
[10:08] {gregns} ty
[10:08] {Threei} :)
[10:08] {rdw09} Ty Vad FCX + .16
[10:08] {Threei} :)welcome
[10:08] {Threei} lose .50 and die, FCX
[10:09] {Threei} please?
[10:09] {strider} get the hatchet.
[10:09] {Threei} nah, kind word is so ineffective...
06[10:09] * Threei hits FCX over the head with 2x4
[10:10] {strider} no dino, no nemo
[10:10] {Threei} no les
[10:10] {strider} well, there's that too.
[10:10] {Threei} guess who is on tv
[10:11] {strider} Les
[10:11] {Threei} ok, never thought I'd say that but:
[10:11] {Threei} you wish
[10:11] {strider} no comment.
[10:11] {Threei} lol, Les will kill us next week
[10:11] {Threei} and will be right to do so
[10:12] {Threei} violence doesn't seem to work on FCX either
[10:12] {Threei} let's try combination
06[10:12] * Threei hits FCX over the head with 2x4 asking it to please die
[10:14] {strider} Vad, dod you know what % of your profits are from 1:1, and what % from 2 or 3:1?
[10:14] {strider} do
[10:14] {Threei} it changes with market type
[10:14] {Threei} different for trending markets vs ranging ones vs choppy ones
[10:14] {magoo} 100% are 1:1
[10:15] {Threei} when we have a strong trend, much more comes from maximizinf profits,
[10:15] {magoo} has to get there first lol
[10:15] {Threei} when we chop, most comes from scalps
[10:20] {gregns} Vad, when you have a chance can you explain that FCX bd setup please
[10:21] {Threei} sure thing
[10:21] {Threei} I'll even make a screenshot
[10:21] {gregns} ty for your cooperation !
[10:22] {jfjf64} see ya cd be nice when ya want tooo
[10:22] {Threei} funny you should say that... exact words my wife used yesterday when I nodded to new shoes
[10:22] {Threei} I can jf... but it takes a lot of effort and gives me no pleasure {G}
[10:23] {strider} LVS long?
[10:23] {Threei} only wioth striong market reversal...
[10:23] {Threei} I am looking at it for a while,
[10:23] {Threei} wanted drop under .80 for double bottom,
[10:23] {jfjf64} or fcx trade
[10:23] {jfjf64} lol
[10:24] {Threei} it never got there, instead consolidatinjg between .80 and .90
[10:24] {Threei} come on FCX
[10:24] {jfjf64} 3i look schw lk .30 break
[10:24] {magoo} u watching BP vad?
[10:24] {Threei} not really
[10:24] {jfjf64} ty
[10:25] {Threei} it's a setup for a string upward tgrending market
[10:25] {Threei} not for this swamp
[10:25] {Threei} and no to BP mags
[10:25] {Threei} don't see anything clear there for now
[10:26] {Threei} there! kind word and gun are way more effective than kind word alone
[10:27] {Threei} as greg would say, thank you for your cooperation FCX
[10:27] {Threei} 1:2
[10:27] {Threei} decide between covering in gull and trailing to above .60
[10:28] {Threei} I've covered
[10:28] {Threei} .43
[10:28] {Threei} maybe going to regret it but heck, it was beyind my normal patience treshold as it is
[10:29] {Threei} who trails - do so once again, to above .50 this time
[10:31] {Threei} that was last trail, get ready tro cover into next sharp drop
[10:31] {Threei} or just take 50 cents and be happy
[10:32] {Threei} there, final cover
[10:32] {Threei} 1:3
[10:32] {Threei} whee, not watching it anymore
[10:32] {Threei} I am tired of it :)
06[10:33] * strider slaps Threei around a bit with a large bottle of Geritol.
[10:33] {Threei} where is nemo... I like his drug of choice more
[10:34] {strider} Apparently he took it all himself.
[10:34] {jfjf64} lol
[10:34] {strider} BP?
[10:35] {Threei} hmmm
[10:35] {Threei} .50 break is kind of standard fare
[10:35] {Threei} but something is off
[10:35] {Threei} can't quite put my finger on it but I don't like this break
[10:36] {Threei} how about that? trap, pure and simple
[10:37] {Threei} would have lured you in and killed you
[10:37] {jfjf64} what wasnt ther for ya ta lk
[10:38] {jfjf64} thats what i need to learn
[10:38] {Threei} [10:35] {Threei} can't quite put my finger on it
[10:38] {gregns} got .51 to .54 out due to you saying something is off, ty
[10:38] {jfjf64} lol
[10:38] {Threei} :)
[10:38] {Threei} seriously
[10:38] {Threei} I don't have clear answer
[10:38] {Threei} sometimes it's just intuition
[10:39] {Threei} 14 years of trading do mean something I guess
[10:39] {magoo} subconcious pattern recognition vad
[10:40] {jfjf64} think so
[10:40] {jfjf64} 13 more yerrs to go
[10:40] {magoo} 3 here
[10:40] {magoo} to go
[10:40] {shorty} same here jf
[10:44] {jfjf64} magoo 10 years
[10:44] {magoo} yea
[10:45] {jfjf64} nice
[10:45] {magoo} thats why alot of my trades are "feel" also
[10:45] {jfjf64} guess been good
[10:46] {jfjf64} year in things starting to mk little sence
[10:46] {jfjf64} lol
[10:46] {strider} QLIK opens at 11. IPO
[10:48] {Threei} I like the symbol... sounds like my spelling on "click"
[10:48] {Threei} Qlik Technologies Inc Prices IPO of 11.2M shares at $10/shr, above expected $8.50-9.50/shr range
[10:48] {Threei} - Underwriters have a 30-day option to purchase up to an additional 1,680,000 shares from QlikTech to cover over-allotments, if any.
[10:48] {Threei} - Joint book runners are Morgan Stanley, Citigroup, and JP Morgan.
[10:48] {Threei} - Qlik Technologies makes business software which analyzes costs and organizes data.
[10:48] {Threei} - NASDAQ quotation to begin at 10:45 for trading at 11ET
[10:52] {gregns} BP .52 in out .68
[10:52] {strider} wtg greg
[10:53] {gregns} ty
[10:53] {magoo} whats BP do again?
[10:54] {magoo} no one slaps anyone anymore ...sigh
06[10:54] * Threei slaps magoo around a bit with a large slap
[10:54] {magoo} THANX
[10:54] {Threei} always
[10:54] {magoo} was wondering what i got to say to get it
[10:55] {magoo} BP comment was funny i thought
[10:56] {Threei} you want funny? how about this:
[10:56] {Threei} 23% Say U.S. Government Has the Consent of the Governed
[10:57] {magoo} so 77% say no
[10:58] {Threei} oh, and another funny... as unlikely as it is, I got lost yesterday, of all places in... Walmart!
[10:58] {Threei} before you think I am getting senile (which may be true also),
[10:58] {Threei} this is brand new Walmart, opened two days ago - biggest in NA
[10:58] {Threei} frikin 4 stores
[10:58] {Threei} the thing is enormous
[10:59] {Threei} with huge food section, 2-store garden center
[11:00] {magoo} vad pull up QLIK, im trying to short 8997
[11:00] {Threei} good luck...
[11:00] {strider} ??
[11:00] {Threei} but it's unavailable
[11:01] {Threei} as most IPOs on a first day :)
[11:01] {strider} opening 11:05
[11:01] {strider} what does 8997 mean?
[11:01] {magoo} bid 16.50..0ffer $9000
[11:02] {strider} not here. bid 11 offer 11.25
[11:02] {magoo} in lev 1
[11:02] {Threei} I see bid 11
[11:02] {magoo} time and sales sptread
[11:02] {magoo} lebvel 1
[11:04] {shorty} be back in an hour or so
[11:05] {Threei} opened
[11:07] {strider} +.14 QLIK
[11:07] {strider} .01- .15
[11:07] {strider} now...stop looking at it.
[11:19] {Threei} greg and whoever is curious about that FCX setup
[11:19] {Threei} http://tradinglog.realitytrader.com/2010/07/july-16-2010.html
[11:20] {gregns} ty
[11:35] {KSystems} Good morning :)
[11:35] {Threei} ks!
[11:36] {KSystems} project that has taken me the last weeks is over
[11:36] {KSystems} time to get drunk
[11:36] {KSystems} big time
[11:38] {Threei} OK, seer you in a week, I suppose {G}
[11:38] {jfjf64} lol
[11:38] {strider} You may meet dino & nemo there, KS.
[11:39] {jfjf64} im outta here thanks 3i
[11:39] {Threei} take care jf, havea great weekend
[11:39] {shorty} bye jf
[11:39] {magoo} bye KS JF
[11:40] {strider} gotta a joke for you guys:
[11:40] {strider} There were these two women, sitting quietly, minding their own business.
[11:41] {strider} what do you think?
[11:43] {Threei} strifer... there are at least three persons in the room right now, ready to strangle you,
[11:43] {Threei} more to come,
[11:43] {strider} That's why remote trading is an advantage.
[11:43] {Threei} and I won't lift a finger to protect you - will rather enjoy the spectacle :)
[11:44] {Threei} sorry, 4
[11:44] {larisa} count me out, i do not even get it, too sophisticated for me :)
[11:45] {strider} :)
[11:45] {Threei} back to 3
[11:45] {strider} You're right, larisa...pretty low culture joke.
[11:45] {strider} It's like the one that goes:
[11:46] {larisa} why? I thought all women are like that
[11:46] {strider} There were these two irishmen, walking out of a bar.
[11:46] {strider} .
[11:46] {magoo} well that never happens
[11:47] {strider} duh!
[11:48] {strider} short FCX?
[11:55] {magoo} i did .01 cover ,84
[11:57] {strider} I went to the kitchen, instead. All I got was this salami sandwich.
[11:57] {magoo} vad, BOUNCE RIMM?
[11:57] {Threei} no RIMM
[12:04] {strider} I had good short ideas for both FCX and RIMM, and did't take either one. SOmebody slap some cents into me.
06[12:05] * magoo slaps strider around a bit with a large trout
06[12:05] * magoo slaps strider around a bit with a large trout
06[12:05] * magoo slaps strider around a bit with a large trout
[12:05] {strider} mmmm....hope that helps.
[12:14] {Threei} RIMM looks better nopw
[12:14] {magoo} nope?now?
[12:17] {Threei} Long Setup: RIMM .50 break if stays above .40
[12:20] {strider} in .51
[12:25] {Threei} 1:1, half out
[12:25] {strider} out +.11
[12:26] {strider} tanks.
[12:26] {Threei} scalpers whom we all love to hate know what to do
[12:27] {strider} {---------re-arranging the scalps on his belt.
[12:32] {magoo} was on phone, how high it print RIMM?
[12:32] {Threei} .67 so far
[12:32] {magoo} yea..im waiting .73 no fill
[12:43] {strider} would break .65-.67 be a valid new entry RIMM?
[12:43] {strider} inverse h&s and c&h
[12:44] {Threei} I wouldn't
[12:44] {Threei} risk rises, reward diminishes
[12:44] {Threei} so, we all know people are weird, right?
[12:45] {Threei} but some things never cease to amaze nonetheless
[12:45] {Threei} explain this someone to me
[12:45] {Threei} guy signs up for a trial around 11 pm EST, 8 PM my time
[12:45] {Threei} approved about 20 min later
[12:46] {Threei} 15 min more, he sends irritated e-mail:
[12:46] {Threei} I've loggef in to the room, there is no conversation! What is itr you even sell??
[12:46] {Threei} you think that's all? yeah right
[12:47] {Threei} upon receiving answer that it's a real time trading room, it's going to be active during market hours
[12:47] {Threei} he says well, we will see tomorrow
[12:47] {Threei} NOVER TO LOG IN TODAY!'
[12:47] {Threei} never
[12:47] {Threei} I accept as default that people ARE weird... but come on, there should be some limit, no? :)
[12:48] {strider} It wasn't _notles, was it?
[12:48] {Threei} no :)
[12:50] {strider} in out FCX +.08
[12:50] {strider} .77-.85
[12:51] {Threei} OK, I guess it not wierd for you all
[12:51] {Threei} which tells me something else {GGG}
[12:51] {hawk} are you sure it wasn't nemo messing with you :)
[12:51] {Threei} lol, no
[12:52] {Threei} to register with IP from another area - it's possible of course but requires way too much sophistication for practical joke
[12:52] {Threei} White House: Confirms Elizabeth Warren as a possible candidate to head the new consumer protection agency at the Fed
[12:52] {Threei} - Follow up: WSJ reports other candidates include Treasury Department Assistant Secretary Michael Barr, and Justice Department chief counsel for competition policy and intergovernmental relations Gene Kimmelman
[12:53] {strider} Don't know if it has anything to do with this, but I saw "for a hot date, log on to reality trader.com" on a McD's bathroom wall.
[12:54] {strider} was signed, "_notnemo"
[12:55] {Threei} I may qualify as hot date... minus 20 years, minus balding top, minus 30 lbs...
[12:55] {strider} trouble is, was a men's room.
[12:55] {Threei} somone may have been practicing
[12:55] {Threei} spelling, you know...
[12:55] {strider} But you still seem to be quite a chick magnet, vad.
[12:56] {strider} Especially those beautiful Russina women.
[12:56] {Threei} yeah, only with three minuses {G}
[12:56] {strider} russian
[12:56] {strider} 3????
[12:56] {strider} ha
[12:56] {Threei} careful
[12:57] {Threei} don't fracture my fragile ego
[12:57] {strider} No. was a compliment. Just didnm't understand the tri-polarity.
[12:58] {Threei} scroll up for three minuses list
[12:58] {Threei} RIMM balance stopped flat
[12:58] {Threei} scalpers win
[12:58] {strider} whoopeee.
[12:58] {Threei} (again)
[13:00] {strider} BP?
[13:00] {Threei} no read on it
[13:00] {strider} lligu setup
[13:01] {strider} :)
[13:20] {strider} VVUS
[13:29] {Threei} summer friday...
[13:32] {Threei} Fish are jumpin'
[13:32] {Threei} And the cotton is high
[13:34] {lilyd} do you get the feeling you
[13:34] {lilyd} re talking to yourself?
[13:35] {Threei} regularly
[13:35] {Threei} scariest thing is, I hear response...
[13:35] {magoo} im here hunting for trades..i hope u are
[13:36] {magoo} look AAPL
[13:36] {magoo} is there a short?
[13:37] {Threei} it's a jump on Jobs' presentation
[13:37] {Threei} Apple Inc CEO Jobs: Will give away bumper cases to all iPhone 4 users free of charge; Working hard to find a solution for the iPhone 4 antenna issue and it is not unique to this product; have sold 3M units of iPhone 4 and it is the best product Apple has made
[13:37] {Threei} - Notes We are not perfect but want to make all customers happy
[13:37] {Threei} - Jobs also showing examples of phones such as the Blackberry, Samsung, and HTC Droid that encounter similar problems with number of bars
[13:37] {Threei} - Notes that Apple has already updated the software that was causing the the phone to show the incorrect number of reception bars.
[13:37] {Threei} - Claims that only 0.5% of customers have called Applecare with regards to the antenna issue, historically not a large number; data shows return rate under AT&T's buyers remorse program for the iPhone 4 was 1.7% v 6% for 3Gs model.
[13:37] {Threei} - AT&T provided call drop rates, iPhone 4 does drop more calls per 100 than iPhone 3Gs but difference is less than 1%; despite its better antenna.
[13:37] {Threei} - Reiterates that Apple had released operating system update to correct bar reception bug
[13:37] {Threei} - Notes that for those who have purchased a bumper case already, they will receive a refund
[13:37] {Threei} - Will revisit the issue in September to see how things are going
[13:37] {Threei} - Will begin shipping the White iPhone by end of July; phone will be available in 17 new countries at the end of the month.
[13:38] {shorty} http://www.youtube.com/watch?v=q9ZnwvyAk8k
[13:43] {Threei} AAPL's coming into bounce zone
[13:44] {Threei} .50 break
[13:44] {Threei} if holding .30
[13:44] {Threei} invalifated
[13:44] {Threei} 252 break
[13:45] {Threei} if hol,ding .75
[13:45] {Threei} lol
[13:45] {Threei} invalidated
[13:45] {shorty} lol
[13:46] {Threei} 251
[13:47] {Threei} stop under .70
[13:47] {Threei} no need to say, smaaal shares
[13:48] {Threei} 1:1
[13:48] {Threei} target 252.30
[13:49] {strider} in .01
[13:49] {strider} my stop .50
[13:57] {strider} out +.69
[13:58] {Threei} over 1:2
[14:11] {Threei} target hit
[14:11] {strider} pretty cool.
[14:11] {hawk} nice call
[14:12] {Threei} took enough time for me to faint and get out of it - twice
[14:16] {lilyd} why did you choose that specific target?
[14:17] {hawk} to impress the ladies
[14:17] {larisa} lol
[14:17] {lilyd} haha
[14:17] {Threei} there you go... raptors know
[14:18] {Threei} kind of natural level of the bounce on the chart,
[14:19] {Threei} i am sure something like fibonacci will be around there
[14:19] {Threei} i don't draw them but what looks natural to my eys is more often than not coincides with fibs, or gunn lines
[14:20] {lilyd} yeah, you're right -- there's one right at .30 - thanks!
[14:20] {Threei} really?
[14:21] {Threei} cool :)
[14:21] {lilyd} pretty amazing...
[14:21] {Threei} actually just natural if you think of what fibs are
[14:22] {Threei} to make it more visual, think of golden ratio
[14:22] {strider} FCX broke 60.
[14:22] {Threei} can you spot the place for it without measuring,
[14:22] {Threei} just by single glance?
[14:22] {Threei} with very little practice, sure,
[14:23] {Threei} because this is where it's the most natural, the most pleasing for an eye so to speak
[14:23] {Threei} Fibs are pretty much the same, natural ratio of things
[14:24] {Threei} there is a rule of thirds in photography,
[14:24] {Threei} calling for placing your subject at the cross of the lines that divide the area of image by three
[14:25] {Threei} beginners need visual help, and many cameras provide it by placing a grid in the viewfinder
[14:25] {nemo} Good Morning!
[14:25] {Threei} more experienced photographer places the subjkect in those spots automatically, never looking at any grids
[14:25] {Threei} nemo :)
[14:25] {Threei} and strider thought you were drunk
[14:26] {strider} what makes you think he's not?
[14:26] {nemo} Had to work in the gun shop today
[14:26] {Threei} actually...
[14:26] {Threei} really... you are right
[14:26] {strider} drunk?
[14:26] {nemo} nahhh...
[14:27] {strider} you just missed the play of the month. AAPL
[14:27] {nemo} yeah...new today would be great
[14:27] {Threei} funno, I actually liked that FCX short more
[14:28] {Threei} required more craft, and was less dicey
[14:29] {Threei} lilyd... take a look at https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjEFbkBj1ok4g8cXYeBW0oi5JAnVgwB72jU8IyJrYLTspYDWc-jIssLqtXWQ0nA5meua2GiJtjzxb6wLk_mXt8-IEZxStpEGtbPkNt2YJ6tBEl_pBqOD75_ikeCfEqpYsqZ0G1D9kVJgx4/s1600/A7116927.jpg
[14:29] {nemo} might have a db on spy here
[14:29] {Threei} see this placement by the rule of thirds? :)
[14:29] {Threei} divide image mentally by three parts both vertically and horisontally
[14:29] {larisa} now lily is sorry she ever asked :)
[14:29] {lilyd} beautiful!
[14:30] {Threei} orca will be roughly at the intersection
[14:30] {Threei} well larisa.. I am thorough... don't want to hear full answer, either don't ask or alert that simple yes or no will siffice :)
[14:30] {larisa} lol
[14:31] {Threei} from the same series: https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhJNAj1LuIBeT9nS3S4RRV1SvpU-ICTYlyuIyRV3Gf_4lQ5z0dWmRDQQJTz0Qbw2wcHeLqIyCjqBw6ar26JsVgHgNIUDuGoBvBtFWDrcFtx8myfirqC2zHD0cGqawGixJy-VNrq0yy8SIc/s1600/A7116845.jpg
[14:31] {Threei} different subject, same idea of placement
[14:32] {Threei} error many beginners make - central placement of the subject
[14:32] {Threei} kills the motion
[14:32] {lilyd} wish I was there
[14:33] {lilyd} actually, you'll probably get tired of my questions before I get tired of the answers
[14:33] {Threei} ty... best praise fora photographer
[14:33] {Threei} hehe... let's check that theory
[14:33] {lilyd} what do you think about FCX now - too late?
[14:34] {nemo} could be end of day play short
[14:34] {Threei} it's trying to decide between bounce and futher selling,
[14:34] {Threei} my notion would be bouce, but like 51/49
[14:35] {Threei} .15 long
[14:35] {Threei} if holding 60
[14:35] {Threei} but very discretionary
[14:35] {Threei} just not a good time of the day for it
[14:36] {lilyd} OK - thanks
[14:38] {Threei} invalidated
[14:38] {Threei} (thank goodness)
[14:38] {nemo} yeah, but getting in short territory now ;)
[14:39] {Threei} nope
[14:39] {Threei} rather:
[14:39] {Threei} invalidated one side, didn't form another
[14:39] {Threei} just drifting
[14:40] {Threei} will rinse you both ways if you go for it
[14:40] {nemo} then perhaps we have a range play here
[14:40] {Threei} maybe range scalp,
[14:40] {Threei} yes
[14:40] {Threei} but it's a play for itching hands
[14:40] {nemo} yeah
[14:40] {Threei} those who just can't sit still :)
[14:40] {nemo} Thus, the glass of wine
[14:41] {Threei} see how short wiuld have been killed?
[14:44] {lilyd} yes and I'm ahead for a change today and don't want to do anything risky
[14:45] {Threei} :)
[14:47] {hawk} DNDN 31 break interesting if it stays under .15
[14:50] {strider} close up or down?
[14:50] {Threei} gosh
[14:50] {Threei} to close up from here, we would have to have rally of rallies
06[14:51] * nemo slaps strider around a bit with a large large..no slap...just shoot him
[14:51] {strider} what I meant was, run up or down from here.
[14:51] {strider} GS c&h
[14:52] {nemo} well, spy coul fall to .65 before it hit's the last pivot support
[14:52] {Threei} too early to tell yet
[14:53] {strider} OK. I'll check back about 3:55
[14:53] {nemo} rimm
[14:56] {nemo} looks like rimm might have been a good idea
[14:58] {nemo} then again
[15:00] {Threei} notice, FCX is still right there
[15:00] {nemo} raised the range a tad though
[15:02] {strider} APOL?
[15:03] {Threei} locked in narrow range as the rest
[15:08] {strider} RIMM broke
[15:08] {Threei} how I enjoy the look of canadian dollar today...
[15:11] {shorty} what is it at Threei?
[15:11] {Threei} don't know exact number, I view it through proxy, FXC
[15:12] {Threei} should be down more than a cent from the look of it
[15:12] {shorty} thanks
[15:13] {shorty} 94.35
[15:13] {Threei} good
[15:13] {Threei} can I have it at 80?
[15:16] {strider} FCX spike
[15:16] {strider} well, small..
[15:17] {Threei} man... expectations are really low if you call this a spike :)
[15:17] {strider} was on a very small chart. :)
[15:18] {strider} but yes, lowered expectations.
[15:21] {strider} also, lower expectorations.
[15:26] {strider} aapl
[15:26] {Threei} FCX is holding very well
[15:27] {Threei} would be my first bounce candidate
[15:29] {Threei} if we get any decent SPY bounce, FCX should go to about .40
06[15:36] * Threei kicks FCX in the rear with heavy futy army boots
[15:37] {Threei} candian dollar is down 1.38 cents
[15:37] {Threei} beautiful
[15:38] {strider} Did you call FCX, vad?
[15:38] {Threei} not with exact trigger
[15:38] {Threei} 15:26] {Threei} FCX is holding very well
[15:38] {Threei} [15:27] {Threei} would be my first bounce candidate
[15:38] {Threei} [15:29] {Threei} if we get any decent SPY bounce, FCX should go to about .40
[15:38] {Threei} was at .09 at the moment
[15:38] {Threei} consider it musings rather than call
[15:39] {strider} now we have a trading muse.
[15:39] {Threei} we always fif
[15:39] {Threei} review your 4steps package
[15:39] {Threei} fit?
[15:39] {Threei} did
[15:42] {strider} short VVUS .38 stop .48
[15:43] {shorty} l MGM .60
[15:45] {shorty} nice one on VVUS strider
[15:45] {strider} missed the real trigger
[15:47] {shorty} almost ready to give up on MGM
[15:48] {strider} stop to .40
[15:49] {strider} out +.10
[15:50] {shorty} still with my mule
[15:50] {Threei} and carrot dangling in front of it?
[15:50] {shorty} lol....that is what I was missing!
[15:50] {Threei} or you are stick kind of guy?
[15:51] {shorty} lol
[15:51] {shorty} my use a shotgun
[15:51] {shorty} might
[15:52] {Threei} shorty.... I havge an idea
[15:52] {shorty} hmmm...k
[15:52] {Threei} you guys have a very angry beaver in Alberta, attacking and killing fogs
[15:53] {Threei} we need it in the market
[15:53] {shorty} LOL!!!!I know
[15:53] {nemo} killing what?
[15:53] {shorty} I have seen him too
[15:53] {Threei} dogs
[15:53] {nemo} a beaver?
[15:53] {Threei} yes
[15:53] {shorty} Maybe he is responsible for the horse deaths at the Stampede too
[15:53] {nemo} Reminds me of a joke
[15:54] {Threei} don't even
[15:54] {nemo} Hey, Strider?
[15:54] {Threei} http://www.vancouversun.com/opinion/Husky+dead+several+more+dogs+hurt+Alberta+beaver+attacks/3278918/story.html
[15:54] {shorty} out +05 on MGM
[15:54] {nemo} You know what the first dirty words said on TV were?
[15:57] {hawk} may i push in your stool?
[15:58] {Threei} I want another room...
[15:58] {nemo} dcc hawk
[15:58] {strider} BP bounce?
[15:58] {Threei} jusr afraid none would tolerate me
[15:58] {hawk} btw, that was an answer to the question, not a question
[15:58] {strider} oh. It's closing time.
[15:58] {Threei} strider... do you have watch?
[15:58] {nemo} I realize, I gave you the correct answer
[15:58] {nemo} dcc
[15:58] {strider} actually, no.
[15:58] {nemo} 3:58
[15:58] {Threei} okay then :)
[15:59] {strider} I'm saving for one.
[15:59] {nemo} It's been very nice
[15:59] {Threei} okay guys, thank you all
[15:59] {Threei} been slow but profitable week
[15:59] {lilyd} thank you
[15:59] {Threei} have a great weekend
[15:59] {lasertrev} have a good weekend all
[15:59] {strider} Thanks, vad. See you all Tuesday. I'll be absent on Monday.
[15:59] {Threei} see you all on Monday
[16:00] {shorty} Cya Threei, have a good weekend all.
[16:00] {hawk} bye all
