Friday, September 3, 2010

Sep 03 2010

Not very active day, but we ended summer trading on a profitable note. Looking forward to more activity after the long weekend.

Session Time: Fri Sep 03 00:00:00 2010
[08:16] {Threei}  (US) Preview: Aug Unemployment Rate data due out at 08:30ET (12:30 GMT)
[08:16] {Threei}  - Consensus expectations at 9.6%e v 9.5% prior (analyst range of estimates seen from 9.5% to 9.8%)
[08:30] {nemo} that was cute
[08:30] {Threei}  *(US) AUG UNEMPLOYMENT RATE: 9.6% V 9.6%E
[08:30] {Threei}  USD/JPY USD firms on bettter payroll data
[08:30] {nemo} well, big gap up on the friday before labor day...time to go back to bed
[08:34] {nemo} call Dino, tell him to take the day off
[08:40] {dino} gm all
[08:40] {Threei}  dino :)
[08:40] {nemo} go back to bed dino
[08:40] {Threei}  nemo wants you to go home
[08:42] {dino} crazy market, mon and tuesday death calls, then all is well happy go lucky
[08:56] {dino} tlt dropped
[09:05] {strider} morning all........
[09:05] {strider} interesting morning.
[09:06] {Threei}  strider :)
[09:06] {strider} :)
[09:06] {Threei}  nothing interesting... gap up... rarely makes for a good tradeable day
[09:07] {strider} darn....wrong again.  :(
[09:07] {Threei}  don't get desperate
[09:07] {nemo} drink
[09:07] {ese} morning......
[09:07] {Threei}  try: goshdarnit, gap up, we may go home
[09:08] {Threei}  ese :)
[09:08] {nemo} make it a four day weekend
[09:08] {Threei}  go ahead, try it and see me saying: come on, we sure will find a trade or two
[09:09] {Threei}  point is, my natural inclination to object makes it unwinnable game for ya :)
[09:09] {strider} hmmm...there must be some way to use that to my advantage.
[09:10] {Threei}  that's what I thought when my wife said "no breakfast for you today"... guess what - I was wrong
[09:11] {RonS} gm amigos  ;)
[09:11] {Threei}  Ron :)
[09:12] {Threei}  president is coming on TV, to brag about achievement
[09:18] {RonS} ruining the country?
[09:19] {RonS} creating permanent haves and have nots?
[09:20] {RonS} winning a war?
[09:20] {RonS} weakening Earl?
[09:20] {Threei}  see? a lot to choose from
[09:21] {ese} you all a bees hiving about that guy but i like him
[09:21] {RonS} me too...the surest thing going...on TV market market up
[09:21] {strider} whatcha lookin at, vad?
[09:21] {Threei}  (US) PIMCO's McCulley: Jobs data reduce urgency for Fed to take additional action; sees odds of more quantitative easing (QE) dropping - TV interview
[09:21] {Threei}  - Does not rule out the chance of more QE being announced at Sept 21st FOMC meeting.
[09:21] {Threei}  - Does not see a bear market ahead for bonds, expects bonds to remain range bound with the Fed at the zero bound.
[09:21] {ese} lol
[09:22] {Threei}  mostly usual susoects
[09:22] {ese} I think he's a decent never know behind the scenes
[09:22] {strider} now, ese, you made nemo mad.
[09:23] {Threei}  that aklone doesn't qualify for the job, does it?
[09:23] {ese} any Marilyn Monroes or monica's that you know of
[09:23] {jfjf64} mornin all
[09:23] {Threei}  jf :)
[09:24] {ese} no it doesn't for sure vad......but impressions can go along way
[09:24] {Threei}  I am biased ese - his views are what ruined my first country
[09:24] {Threei}  so I see his actions as what is threatening to ruin this one
[09:25] {RonS} O = supercillious narcisism
[09:25] {ese} what views are those vad....
[09:25] {gen} morning all
[09:25] {RonS} economic stultifying government
[09:25] {Threei}  to put it succinctly: wealth distrbution, government running economy
[09:26] {Threei}  gen :)
[09:26] {Threei}  and killing private initiative and enterpreneaurship spirit
[09:26] {Threei}  only spelled better
[09:27] {Threei}  those who lived in USSR saw firsthand where it leads and how it ends
[09:27] {Threei}  some analogies are beyond freaky, you would shudder if had a chance to draw them
[09:29] {RonS} ...and big biz loves it, for it cements their postion.  One of the prmary tents of Adam Smith.
[09:29] {RonS} tents = tenents
[09:30] {dino} he's a socialist
[09:31] {Threei} Long Setup:  LVS  .75
[09:31] {Threei}  if stays above .65
[09:31] {ese} out pwer .68 +.48
[09:31] {ese} my hold from yesterday
[09:32] {dino} gj
[09:32] {ese} tks
[09:32] {Threei}  1;1
[09:32] {ese} 3k worth
[09:33] {dino} we are leaving some big gaps below on averages
[09:35] {Threei} Short Setup: RIMM  .65 break
[09:36] {Threei}  stop above .75 for scalpers, .80 day traders
[09:37] {Threei} Short Setup: CAT  .95 break half loty
[09:38] {Threei}  invalidated
[09:40] {jfjf64} AIG /
[09:40] {Threei}  long time no see eh
[09:41] {dino} vxx close to 52 week low
[09:43] {Threei} Long Setup:  FAZ  .75
[09:45] {Threei}  (US) Preview: Aug ISM Non-Manufacturing Composite due out at 10:00ET
[09:46] {Threei}  Morici: we need to add 300K jobs a month to get unemployment rate under 6% in 2013
[09:47] {Threei}  (US) White House Advisor Goolsbee: Employment report is substantially improved, reiterates that Obama Administration is not considering a second stimulus package
[09:47] {Threei}  - President is NOT considering a second "stimulus"; Administration has spoken about other possible programs to help recovery
[09:48] {RonS} bring on the Orwellian nomenclature...
[09:48] {strider} move FAZ stop up?
[09:49] {Threei}  why?
[09:49] {Threei}  I'd keep it at .65 for now
[09:49] {strider} thx
[09:52] {Threei} Short Setup: LVS  31 break
[09:52] {Threei}  if stays under .05
[09:53] {Threei}  invalidated
[09:57] {dino} hum dee dum
[09:57] {nemo} told ya'
[09:57] {dino} yeah
[09:57] {dino} see if 10:00 numbers do anything
[09:58] {ese} i see what you mean with the gaps dino.......dangerous territory for longs here
[09:58] {ese} d
[09:58] {dino} feels like it, they have been filling religously
[09:59] {nemo} we're at the top of a trading range, or approaching it on the spy
[10:00] {nemo} too funny
[10:00] {Threei}  *(US) AUG ISM NON-MANUFACTURING: 51.5 V 53.2E
[10:00] {ese} 113.18 or there abouts nemo?
[10:01] {Threei}  FAZ 1:1
[10:01] {nemo} yep
[10:01] {RonS} O coming on TV now...
[10:01] {Threei}  Fed's Lockhart: Economy is experiencing a "temporary downshift," remains on the road of gradual recovery
[10:01] {Threei}  "temporary downshift," eh
[10:02] {Threei}  but fear not:
[10:02] {Threei}  *(MX) AUG MEXICO CONSUMER CONFIDENCE: 88.7 V 86.8E
[10:02] {RonS} lol
[10:03] {Threei}  RMBS Hearing renewed takeover chatter circulating (18.89, +0.33, 1.78%)
[10:03] {dino} shocking
[10:03] {Threei}  and very new
[10:05] {RonS} ...more spin for te barby...RUMOR    ARMH -  hearing Apple is set to buy buy Arm Holdings, Plc for $30/share or higher  -unconfirmed chatter starting to go around
[10:06] {RonS} Samsung rumor as RMBS buyer
[10:07] {dino} mkts dropping
[10:07] {dino} vxx l .20
[10:08] {Threei}  come in little FAZzy
[10:08] {Threei}  1:2
[10:08] {ese} Wonder if Lockhart is driving a Russian Lada
[10:09] {Threei}  we can only wish
[10:09] {ese} did you ever own one
[10:09] {Threei}  yup, my first car
[10:09] {ese} and it lasted ....what.....3 months
[10:10] {Threei}  no... couple years... then I bought BMW, lol
[10:11] {ese}  a fellow i used to commute with in winnipeg bought one.......we use to have to roll down the windows in the winter to see where we were driving on the highway
[10:11] {ese} freezing our ears off......damn it was funny
[10:11] {Threei}  sounds familiar
[10:11] {dino} lol
[10:11] {ese} everyday something went haywire with that car but it kept on ticking
[10:11] {Threei}  but you haven't tried the pride of soviet autoindustry, Zaporozhets
[10:12] {strider} question , vad.
[10:12] {Threei}  famed as the most quiet car in the world
[10:12] {Threei}  since your knees cover your ears
[10:12] {RonS} did not run?
[10:12] {ese} rotflol
[10:12] {strider} My trade didn't execute on FAZ at 2:1...had it preset.
[10:12] {Threei}  ?
[10:12] {strider} Is your technique then to take what you can get if it pulls back?
[10:13] {strider} or hold it for second try?
[10:13] {Threei}  depends on my conviction in the trade
[10:13] {Threei}  no single answer
[10:13] {RonS} out faz .98 +.24  thanks 3i and O
[10:13] {Threei}  you are welcome
[10:13] {dino} gj
[10:13] {jfjf64} TY  STILL IN
[10:14] {Threei}  too bad LVS invalidated setup
[10:14] {ese} dino i can't find anything pullbacky enough to get bout you
[10:14] {Threei}  look how nicely it dropped
[10:14] {jfjf64} lvs
[10:14] {Threei}  ese, I will try to find an old photo, B&W... me, young and energetic, with my first car
[10:15] {dino} vxx is all
[10:15] {ese} nice
[10:15] {dino} watching dgit again
[10:15] {ese} tks dino
[10:15] {ese} ahhhhhh
[10:15] {ese} sina DBI
[10:16] {Threei}  JF
[10:16] {Threei}  I would exit FAZ around here
[10:16] {dino} vxx to .32
[10:16] {jfjf64} yes
[10:16] {jfjf64} ty bos
[10:16] {Threei}  we are about 1:3
[10:17] {Threei}  and chances of further market drop or bounce become about even
[10:17] {jfjf64} lobster this weekend
[10:17] {jfjf64} ty  faz
[10:17] {Threei}  bounce will kill FAZ
[10:17] {dino} out vxx.34, +.14
[10:17] {jfjf64}   ty 3i
[10:17] {Threei}  welcome sir
[10:18] {Threei}  enjoy your lobster
[10:18] {Threei}  I will check mailbox for my claw
[10:18] {jfjf64} lol
[10:20] {Threei}  have a look at FAZ
06[10:20] * Threei pats himself on the back for exit call
06[10:21] * Threei dislocates shoulder and goes away till Tuesday
[10:22] {RonS} ...and I figured you were double jointed
[10:22] {ese} ARST
[10:23] {dino} arst drop
[10:23] {Threei}  shhh Ron... I am, but I keep it under wraps so I could pretend to be wounded
[10:23] {ese} talk about your kick in the arst
[10:23] {Threei}  lol
[10:23] {Threei}  US President Obama: Reiterating that there is no 'quick fix' to the economy
[10:23] {Threei}  - Will hold a press conference next week to discuss broader package of measures to boost the recovery and accelerate jobs growth.
[10:24] {RonS} ...but we must not call it simulus...
[10:24] {Threei}  no news ARST, I guess takeover rumor unraveling
[10:25] {RonS} ...they must have concluded their all hands on deck meeting w/ no mention of it...
[10:26] {dino} ulta
[10:30] {jfjf64} faz  vad .05 break
[10:31] {Threei}  no read
[10:31] {Threei}  50/50
[10:31] {Threei}  can be double top just as well
[10:32] {dino} ulta sm s .99, bstop .31
[10:33] {RonS} ...careful dino, i show 4.8 mil shares short...
[10:33] {dino} thx
[10:33] {dino} hard stop no worries
[10:34] {dino} tighten to hod
[10:35] {strider} X short?
[10:36] {nemo} spy looks like bottoming
[10:37] {dino} to b/e ultra, should have fallen
[10:37] {Threei}  can't tell X
[10:38] {jfjf64} mgm  bounce
[10:38] {jfjf64} ??
[10:38] {strider} wass thinking short break .90, .95 invalidates.
[10:38] {strider} which it did.
[10:38] {Threei}  way too narrow jf... water torture stock
[10:38] {nemo} that's why I said spy looks like bottoming
[10:39] {strider} not that there's anything wrong with that. (Water torture)
[10:39] {jfjf64} narrow  ? explain  pls
[10:40] {jfjf64} levels  look thick
[10:40] {nemo} range
[10:40] {jfjf64} must hv  wrong  idea narrow
[10:40] {Threei}  whole range for the day is about 30 cents
[10:40] {ese} well the opposite of getting a kick in the arst is a shot in the armh.....
[10:40] {nemo} your previous swing high is to .00
[10:40] {jfjf64} ahh
[10:40] {Threei}  lol ese
[10:40] {ese} doesn't take much for it to shoot up
[10:41] {jfjf64} narrow  very  narrow
[10:42] {ese} if this pullback bounces of the  1min chart 50ma i'm in
[10:51] {ese} ok....lets have the spy do a double bottom thingand break above it's 50 ma
[10:52] {dino} ulta cov .69, +.30
[10:52] {i2r} gj dino
[10:52] {RonS} gj dino
[10:52] {dino} ty
[10:53] {ese} nice dino
[10:53] {dino} ttwo might get interesting if gets close to gap from close
[10:53] {dino} brb
[10:54] {ese} yup ....have got ttwo on my radar as well
[10:56] {nemo} fcx vad
[10:56] {nemo} thoughts
[10:57] {Threei}  (US) Fed's Lockhart: US Govt must deal with the fiscal situation; must devise a "gameplan;" full employment level moving foward will be approx 5.5-6% - Q&A
[10:57] {Threei}  - Says the Fed has no appetite whatsoever to monetize the US federal debt.
[10:57] {Threei}  - Notes that the worldwide concern level will decline when the US releases a realistic fiscal plan.
[10:57] {Threei}  - Comments that some jobs lost will be permanent due to structural changes.
[10:57] {Threei}  - Treasuries component of the balance sheet has been stable.
[10:57] {nemo} don't hurt yourself
[10:57] {Threei}  thoughts?? me? I am so flattered
[10:58] {i2r} my target for the day is done, thx to vad and some of my own choosing :). now will hunt only for absolute bargains.
[10:58] {Threei}  bounce I think, nemo
[10:58] {ese} my shot in the armh watch is invalidated
[10:59] {Threei}  cool beans, i2r
[10:59] {dino} wow, they just realize they need a gameplan! also, me thinks they protest too much on monetizing the debt
[11:00] {Threei}  here comes my bounce
[11:00] {dino} gj i2r
[11:00] {i2r} thx dino, vad
[11:00] {jfjf64} bonce
[11:00] {_kowboy} what is vads user name here?
[11:00] {strider} Les.
[11:00] {i2r} is bounce for fcx?
[11:00] {dino} 3eye
[11:01] {dino} threei
[11:01] {RonS} lol strider
[11:01] {i2r} &threei
[11:01] {_kowboy} ty
[11:01] {i2r} creative, dino
[11:01] {strider} Vad goes by many names.
06[11:01] * Threei slaps strider around a bit with a large 2x4 spiked with rusty nails
[11:01] {Threei}  that would be me kowboy
[11:02] {strider} Vad the impaler is one of them.
[11:02] {_kowboy} ty
[11:02] {ese} ULTA.......sounds like your girlfriends name if your from the old country
[11:02] {i2r} there's no real bounce, is there?
[11:02] {i2r} i've been shorting all day
[11:02] {dino} me too
[11:03] {Threei}  we got lucky this way,
[11:03] {Threei}  these gap up days are too often end with all day stall
[11:03] {nemo} Friday before Labor Day weekend
[11:03] {dino} nemo dgit thoughts
[11:04] {RonS} 10 + 10
[11:04] {RonS} fingers and toes
[11:05] {dino} lol
[11:05] {dino} took me a bit
[11:06] {Threei}  dino, nemo fainted
[11:06] {nemo} pivot is .16 vwap .25 and falling and it just respected the 38.2 retracement from the low, don't think there's going to be much for awhile
[11:06] {Threei}  lol Ron
[11:07] {dino} ty
[11:07] {nemo} question becomes, will some jokers want to push things this afternoon because of the likely very low volume
[11:07] {strider} nemo, I love it when you talk that way.
[11:07] {RonS} ...but nemo needs to be more specific
[11:07] {nemo} range play going into lunch
[11:08] {Threei}  this is a very high chance nemo, IMO
[11:08] {Threei}  I've seen this happening many times
[11:08] {nemo} oh, and strong support at 15.95 for a stop
[11:08] {Threei}  most famous is incredible rally on Thanksgiving day in, umm, 1998
[11:09] {Threei}  with almost no volume
[11:09] {nemo} volumes are solid so far though
[11:11] {Threei}  FCX bounce :)
[11:11] {jfjf64} ty
[11:12] {jfjf64} played  little c/h  .04
[11:13] {jfjf64} feels  lk  lvs  .76
[11:13] {dino} dgit l .06 stop .94
[11:13] {jfjf64} 50/50
[11:14] {nemo} whoa, if that's real at .05 we have a floor
[11:16] {nemo} bid moved up to .06
[11:16] {dino} if is a word in middle of life
[11:17] {jfjf64} nemo  ??
[11:17] {nemo} wow...deep
[11:17] {nemo} what jf
[11:17] {jfjf64} what r ya watchin
[11:17] {nemo} level II bids
[11:17] {nemo} look at .05
[11:17] {jfjf64} on  what  stock
[11:18] {nemo} dgit
[11:18] {nemo} crissakes, feels like I'm talkng to Les
[11:18] {dino} roflol
[11:18] {jfjf64} god  4 bit
[11:18] {nemo} scroll down the bids jf
[11:19] {jfjf64} homey  dont  pley  lk  that
[11:19] {nemo} fine
[11:19] {jfjf64} i  see bids  207  at  that  level
[11:20] {dino} scanners are slowing down
[11:20] {nemo} yeah, if that's real, that's your floor
[11:21] {dino} seems to be real, chewing on it
[11:21] {Threei}  gen, dcc
[11:22] {jfjf64} so what  is  ya  read  may  i ask
[11:22] {jfjf64} breaks  05  short
[11:22] {jfjf64} gs   keps  climbing
[11:29] {dino} reminds me of the turtle
[11:39] {dino} teva l .53 stop lod
06[11:40] * Threei slaps gen around a bit with a large request to have a look at his dcc
[11:46] {dino} teva to .49, stuck
[11:47] {dino} stopped -.04
[11:52] {ese} time to start thinking about ttwo dino........give it lunch and then....??
[11:53] {dino} \up or down, gut says up, but....
[11:54] {nemo} folks...that order s gone from .05
[11:54] {strider} yeah, has been for awhile
[11:54] {dino} see that
[11:54] {nemo} sorry, had to reboot, just getting my bearings again
[11:58] {ese} up
[12:00] {dino} dgit to flat
[12:03] {strider} ACAS
[12:03] {nemo} cree
[12:06] {dino} ctrp l .34
[12:07] {strider} cldx...a bit late
[12:08] {strider} casc
[12:08] {strider} wide
[12:09] {dino} ouch casc
[12:09] {strider} looks like it's going some more
[12:10] {dino} no news
[12:10] {strider} daily chart is a mess
[12:10] {dino} gap fi;;ed from tues close
[12:11] {dino} might be worth a sm gamble
[12:13] {strider} fnsr
[12:20] {dino} ulta new hi
[12:21] {Threei}  be back in 20
[12:22] {i2r} high gets higher, dino? you think?
[12:23] {i2r} it's like GS today
[12:23] {dino} +19% feels toppy
[12:23] {dino} look for spike up then drop imo
[12:28] {dino} casc reported yesterday
[12:30] {dino} casc beat
[12:30] {nemo} your kinda' volume dino
[12:31] {dino} but it is getting thinner as day goes
[12:39] {dino} partial fi;; sm casc .90 l
[12:40] {dino} fill
[12:46] {nemo} I see dgit is followng the water torture script
[12:46] {dino} seriously
[12:46] {nemo} mos coming nto bounce territory
[12:47] {jfjf64} ya  think
[12:48] {nemo} yeah
[12:48] {nemo} there
[12:48] {nemo} off of yesterday close
[12:48] {jfjf64} nemo  ya  use  trade  ideas scan
[12:48] {nemo} no
[12:49] {nemo} I watch a basket of stocks
[12:54] {jfjf64} lvs  gonna  fly
[12:54] {jfjf64} with  spy
[13:02] {jfjf64} in  .92
[13:02] {jfjf64} spy  flyin
[13:03] {jfjf64} take  half off
[13:03] {Threei}  back
[13:04] {jfjf64} 31  bein  tough
[13:04] {i2r} did you see GS???
[13:05] {Threei}  The Goldman Sachs Group Inc Hearing chatter circulating that company is again continuing efforts to comply with Volcker rule, through closing prop trading unit
[13:05] {Threei}  - Note: This chatter has circulated in the past, with JPM among the banks who have confirmed decisions to close their prop desks
[13:05] {jfjf64} out  b/e 2 piece
[13:07] {jfjf64} gs
[13:08] {jfjf64}   was  lookin  .15  break
[13:08] {jfjf64} grrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
[13:08] {dino} out ctrp ave .40, +.06
[13:09] {nemo} way to chop it up DINO!!!
[13:09] {nemo} sorry...they're making me drink
[13:10] {strider} this is nemo on drugs.
[13:10] {nemo} nah...I would never trade on mushrooms
[13:10] {nemo} might watch the screens though....;)
[13:11] {strider} does it beat Fantasia?
[13:11] {dino} :D
[13:11] {nemo} yeah, saw that once, also, the Emerald Forest is cool too
[13:11] {nemo} However,  Peyote during a sweat lodge...I do not recommend
[13:12] {strider} I don't recommend a sweat lodge.:)
[13:13] {nemo} Unfortunately, or fortunately, when I go see my Indian friends, which is rather infrequent, they have a special one when I visit..
[13:14] {strider} hmmm...
[13:15] {nemo} Yeah, what am I gonna' do, say "no"
[13:16] {nemo} gs break of .86?
[13:16] {nemo} yep
[13:16] {strider} too wicked for me today.
[13:16] {jfjf64} im sick
[13:16] {nemo} I'm not a GS person myself
[13:17] {strider} incompatible with sweat lodges
[13:17] {nemo} nice call on my part though
[13:17] {nemo} Yeah, not sure what's worse, that, or cold meditation
[13:18] {strider} I usually just take vitamin C.
[13:18] {nemo} I don't get the choice
[13:18] {Threei} Short Setup: X  46 break
[13:18] {Threei}  half lot
[13:19] {nemo} two way vad?
[13:19] {Threei}  no, thank you
[13:19] {nemo} oy vay
[13:19] {jfjf64} lol
[13:19] {strider} more of that sweat lodge stuff
[13:20] {jfjf64} .10 hold  ofcourse
[13:20] {strider} thinkiing .15 stop?
[13:20] {Threei}  nah, .10
[13:20] {nemo} and I was thinking long break of .05....too much wine
[13:21] {jfjf64} nemo  ya  fading  it
[13:21] {nemo} no
[13:21] {Threei}  I wouldn't
[13:21] {jfjf64} dont  say  after  fact
[13:21] {jfjf64} lol
[13:21] {nemo} but volume will tell
[13:24] {strider} 200ma support
[13:24] {nemo} yep
[13:25] {nemo} no volume anywhere though
[13:25] {dino} dgit to .09 zzzzzzzzz
[13:27] {nemo} frickin' Swiss standoff
[13:28] {dino} out dgit +.03
[13:28] {nemo} killin' it today dino
[13:28] {dino} not really
[13:29] {nemo} I'm being an obnoxious wise ass dino
[13:29] {dino} ahhh, how did i miss that
[13:29] {strider} it's very subtle, easy to miss.
[13:30] {nemo} yeah...I'm as subtle as a 12 lb. sledge
[13:30] {jfjf64} looks  lk  c/h    x
[13:30] {nemo} look at .10 offers
[13:30] {jfjf64}   long
[13:30] {Threei}  I don't really get why GS would drop on that
[13:30] {Threei}  n wonder it totally recovered
[13:31] {Threei}  so what if they spin off trading department
[13:31] {nemo} those .10s got pulled
[13:31] {Threei}  it's not like they quit trading business
[13:32] {dino} the partners will own it privately
[13:32] {nemo} yeah, spinning it off the shareholders still own it
[13:32] {Threei}  banks, as I understand, are essentially told not to risk depositors' money in trading operations
[13:33] {strider} bwahahahahaha!
[13:33] {Threei}  thus not jeopardizing whole financial system by bad bets
[13:33] {nemo} spy forming a triangle that wll have to resolve fairly soon
[13:33] {Threei}  so they separate those,
[13:33] {Threei}  and we are back to what we had before the wall was demolished
[13:33] {Threei}  they'll have a bit less funds to operate with
[13:34] {Threei}  so what?
[13:34] {nemo} You want me on that wall! You need me on that wall!
[13:34] {strider} those flashbacks again, nemo?
[13:34] {dino} ttwo l .70
[13:35] {nemo} Did you or did you not order a Code Red!?
[13:35] {strider} no, I ordered a large fry
[13:35] {dino} lol
[13:37] {nemo} 1/2 out x
[13:39] {nemo} 1/4 more .16
[13:39] {Threei}  FNMA Fox's Gasparino: US Treasury speaking with Wall Street companies with regards to the GSEs` (0.31, 0.00, 0.16%) (related FMCC )
[13:39] {nemo} o.k. defecate or get off the pot time now
[13:43] {nemo} just a thought, watch for C&H off tna .27 pivot support
[13:45] {i2r} You can't handle the truth!
[13:46] {Threei}  lol
[13:46] {strider} maybe with gloves
[13:46] {Threei}  ox's Gasparino: US Treasurycould seek to combine the two GSEs
[13:47] {Threei}  that's great
[13:47] {dino} all of this is old news
[13:47] {Threei}  let's also combine GM and Chrysler
[13:47] {strider} I want Studebaker back.
[13:49] {strider} thinking about buying a mini-cooper.
[13:49] {RonS} go all the way...get a Smart car
[13:50] {strider} stupid car
[13:50] {RonS} or a tricycle...
[13:50] {Threei}  in 2 ft of snow it's doesn't look very Smart
[13:50] {ese} L gmcr .97
[13:50] {ese} AGGRESSIVE ENTRY!!!!!!!!!
[13:50] {ese} according to vads book
[13:51] {Threei}  I have a book?
[13:51] {Threei}  wait, I do... Decameron
[13:51] {dino} who is vad?
[13:51] {ese} indeedee you do
[13:51] {ese} and it works
[13:51] {RonS} # 4 million on the Amazon sales list...:)
[13:52] {ese} rotflol.......too funny
[13:55] {RonS} Vad deserves more notoriety.  This program is the safest and most consistent thing going...imo
[13:55] {strider} hpq
[13:55] {RonS} hpq?
[13:56] {strider} Yes, ron.  HPQ :)
[13:56] {jfjf64} hpq?
[13:56] {strider} hpq? ?
[14:00] {Threei}  OK, I am game... HPQ?
[14:00] {nemo} what are we doing
[14:00] {Threei}  I don't get to get that, Ron
[14:00] {strider} VDL
[14:01] {strider} very damn little
[14:01] {Threei}  some reviews I see make me wonder whether people can actually read at all
[14:01] {RonS} the problem with the world...they can't...
[14:01] {Threei}  for instance, idiots complaining that TTR is not about tape reading since it doesn't teach to read T&S
[14:02] {strider} actually, was looking at HPQ as a possible short if market weakened.
[14:02] {Threei}  make me think what it is they want to do when they intend to learn scalping
[14:02] {ese} out gmcr .98 +.01  AGGRESSIVE!!!!!!!!!      EXIT.......slow boat to nowhere
[14:02] {Threei}  wow ese... don't spend it all in one place
[14:02] {jfjf64} im  lst  hpq
[14:02] {ese} lol
[14:02] {jfjf64} lost
[14:02] {dino} now thats scalping ese
[14:03] {ese} useless money there
[14:03] {strider} what more do you want to know jf?
[14:03] {ese} lol
[14:03] {dino} flip a coin jf
[14:03] {jfjf64} what time  is  happy  hour
[14:03] {strider} you missed it.
[14:03] {dino} 3:00
[14:03] {strider} Try again Tuesday.
[14:03] {jfjf64}  i be  green  and  HAPPY
[14:04] {RonS} Kermit?
[14:04] {ese} 200,000shs at .01 cent    2000 bucks what could be easier
[14:04] {RonS} lol ese
[14:04] {nemo} ese...what about commissions
[14:04] {jfjf64} COMON really  ese
[14:06] {ese} oh ya commisions 3000 bucks
[14:06] {strider} tax write-off, don't worry about it, ese.
[14:07] {ese} i need to remind you all that boredom does weird things to people
[14:07] {jfjf64} yup
[14:07] {RonS} tell that to the Chilean miners...
[14:09] {RonS} ...gotta feel for those guys
[14:09] {dino} bummer
[14:09] {ese} ya
[14:10] {RonS} lvs gonna give it up?
[14:10] {strider} GE just took a small dump...sometimes precedes spy
[14:10] {nemo} cat bounce coming
[14:10] {strider} dead?
[14:11] {nemo} ha    ha    ha  cough     gag
[14:11] {strider} your not supposed to eat it, nemo.
[14:11] {strider} you're
[14:11] {RonS} ...and I thought i was a cornball...
[14:12] {dino} casc gettoing a bid
[14:12] {ese} was that a fur ball you just coughed up nemo
[14:12] {dino} well, moving up
[14:12] {dino} out ttwo .74, +.04 sheesh
[14:13] {RonS} 4x ese...
[14:13] {ese} 200,000 shs dino
[14:13] {dino} yeah, right. 1k
[14:14] {dino} hit .77 so i tightened, it sees me and stops
[14:14] {ese} anybody got a pit cam........i'll bet theres no traders there
[14:14] {dino} plenty of pit scams
[14:15] {ese} new york or chicago
[14:16] {RonS} ...been to Chicago. on a normal Friday there is noone there in the summer...
[14:17] {RonS} ulta getting some selling...
[14:20] {ese} L zion .40
[14:21] {RonS} a vote for the Utah win?
[14:21] {dino} go penn state
[14:22] {RonS} they beat Pitt...
[14:26] {dino} pre-season
[14:27] {strider} Ron, I'm not looking at the mini as just an's a pretty decent sports car.
[14:27] {dino} i think the milage is not good for its size, not sure tho
[14:28] {strider} 28/37 EPA...but again...that's not the purpose of it. :)
[14:28] {dino} opps my bad
06[14:28] * strider slaps dino around a bit with a large , no a small sports car
[14:29] {dino} deserved that
[14:29] {RonS} ...just a little jab strider.  a friend in high school had an original.  it was cool.
[14:29] {jfjf64} cstr
[14:29] {strider} I know.   A buddy of mine asked me if I was going to order the clown shoes and the orange nose with it.
[14:30] {RonS} i had a Rambler w/ drop back front seats.  perfect if u know what i mean...
[14:30] {nemo} have no idea
[14:30] {nemo} I would just have the chauffeur drive us around
[14:31] {strider} My first car was bought at an ATF auction.  was a liquor -running car.  It had no backseat at all in it.
[14:31] {RonS} ...think stealth van nemo...
[14:31] {RonS} now that is funny strider...did u drop in a mattress?
[14:31] {strider} ATF= old iteration of ATTF
[14:32] {strider} no comment.
[14:32] {dino} i had a 72 ford ltd we used to carry kegs in trunk, run hose thru seat
[14:32] {dino} hit side of road to pump it
[14:32] {dino} good times
[14:37] {dino} half out casc .07, +.30 ave
[14:37] {jfjf64} spy giddy up
[14:37] {dino} stop on remainder at .01
[14:37] {RonS} wow dino...homerun of the day
[14:38] {dino} bit light, those .04s should have been .11s
[14:39] {ese} out zion .94 -.06
[14:40] {ese} done......have a great long weekend all
[14:40] {dino} you too es
[14:40] {ese} see ya tuesday
[14:40] {jfjf64} enjoy
[14:40] {RonS} ...fighting w/ myself to short ulta.  bastards got way too much of my $$ w/ my wife, daughter.
[14:40] {dino} lol
[14:40] {Threei}  take care ese
[14:41] {dino} quitting at 3:00
[14:41] {jfjf64} ditto
[14:44] {dino} wow, wierd, stopped casc at .10 reverse slip, +.33
[14:45] {dino} and w/that, caling it a week. have a safe weekend
[14:45] {RonS} cya dino
[14:45] {Threei}  have a good one dino
[14:46] {dino} :D
[14:51] {jfjf64} enjoy  dino
[14:51] {jfjf64} im  outta  here   just  took  10  cents  out  of  LVS SHORT
[14:51] {jfjf64} ENJOY  ALL
[14:51] {Threei}  take care jd
[14:51] {Threei}  jf
[14:51] {RonS} cya jf
[14:54] {RonS} ciao all. have a good weekend.
[14:55] {Threei}  have a good one Ron
[15:35] {Threei}  hmm
[15:35] {Threei}  what just happened
[15:42] {i2r} spike
[15:43] {i2r} can't figure out if the market wants to finish up or down
[15:43] {Threei}  it doesn't know
[15:44] {strider} ACAS AINV at hod
[15:44] {i2r} what a day, I was up, then down, then up again, all because I didn't want to take a couple of stops!
[15:44] {Threei}  well
[15:44] {Threei}  that will get you in troubles
[15:44] {Threei}  trust me on that
[15:44] {i2r} i saw that today
[15:44] {Threei}  and do tell me,
[15:44] {Threei}  when you refuse to take stop
[15:45] {Threei}  what is it, desire to trade without any single loss?
[15:45] {strider} oh boy
[15:45] {i2r} yes
[15:45] {i2r} :)
[15:45] {i2r} I know it's wrong
[15:45] {i2r} and not workable
[15:45] {Threei}  do you consider yourself the one who will do what no mortal ever could?
[15:45] {i2r} just net to stop worrying about taking losses
[15:45] {i2r} nope
[15:45] {i2r} totally get it :)
[15:46] {Threei}  there you go
[15:46] {Threei}  it's just normal part of the process
[15:46] {Threei}  try to break the process and it will ruin you
[15:46] {Threei}  funny thing is,
[15:47] {Threei}  people are still arguing now and then, on different fora, about trading without stops
[15:47] {Threei}  as if it were something to discuss
[15:47] {Threei}  I long stopped participating in such dicussions
[15:48] {Threei}  just as one won't seriously engage in argument about whether earth is round
[15:48] {i2r} yep
[15:48] {Threei}  I may engage in trying to help one to place them right,
[15:48] {Threei}  or how to condition onelsef for keeping thwm,
[15:48] {Threei}  but not about whether they are necessary
[15:55] {Threei}  ok guys, thank you all
[15:55] {Threei}  we ended month admirably
[15:55] {Threei}  have a great relaxing long weekend
[15:55] {Threei}  looking forward to things starting picking up
[15:55] {Threei}  see you all on Tuesday
[15:55] {i2r} ok the day is looking much better now :)
[15:55] {i2r} this is it for me :)
[15:55] {i2r} night all!
[15:56] {strider} thanks, vad.  See you in the fall.
[15:56] {strider} i.e., Tuesday.