Friday, October 22, 2010

Oct 22 2010

Narrow day with positive result, but no interesting charts.

Session Time: Fri Oct 22 00:00:00 2010

[08:40] {RonS} gm all...congratulations Vad:  http://tinyurl.com/2cbovsd
[08:45] {larisa} gm Ron :)
[08:47] {Les} :( only Ron
[08:47] {Les} ?
[08:50] {larisa} :)
[08:52] {Threei}  lol
[08:55] {RonS} ...always figured you was an international financier extraordinaire...;)
[08:55] {Threei}  yes... and then I wake up
[08:57] {RonS} ...and to think you are gracious enough to muck it up here with the hoi polloi...
[08:58] {Threei}  see? it has advantages... widening my vocabulary
[08:58] {dino} gm all
[08:58] {Threei}  dino :)
[08:59] {RonS} kind of an outrageous recovery for amzn...
[08:59] {Threei}  a few more years, and from "tree good, fire bad" I will frogress to "tree good, fire burn tree, ergo fire bad"
[09:03] {Les} cool I'm up and running again. someone let me in with a new account
[09:03] {ese} morning
[09:03] {Les} the FOOOLS!
[09:03] {Threei}  ese :)
[09:04] {Les} we're back baby!!
[09:04] {RonS} cmg is one hot burrito
[09:04] {ese} vad les dino ron laris
[09:06] {dino} :)
[09:06] {RonS} cmg = short indigestion...3.9 mil sh...ese que paso  :)
[09:09] {ese} ahhhhhhhhh
[09:09] {RonS} rvbd...something for everyone...beat & raise, stock split, upgrades, and 5.5 mil sh short
[09:09] {strider} morning all
[09:09] {ese} st
[09:11] {Threei}  strider :)
[09:11] {strider} DO upgrade
[09:11] {strider} L)
[09:11] {strider} :) also
[09:13] {Threei}  http://www.rasmussenreports.com/public_content/political_commentary/commentary_by_lawrence_kudlow/tim_geithner_dollar_protector
[09:20] {RonS} another pomo today...
[09:26] {ese} whoaaaaaa never glance at something quickly....take your time and look at it........for a second there i thought rons post said p o r n o day
[09:26] {jfjf64} mornin
[09:26] {ese} was thinking what have we got ourselves into
[09:26] {ese} I know we follow vad blindly into the abbyss but sheesh
[09:27] {ese} jf
[09:27] {jfjf64} ese
[09:28] {Threei}  jf ::)
[09:28] {Threei}  that's your dirty mind ese :)
[09:28] {jfjf64} 3i
[09:28] {ese} lol
[09:28] {jfjf64} great chart yest  blog
[09:29] {RonS} ese, http://www.newyorkfed.org/markets/tot_operation_schedule.html
[09:30] {RonS} gs is out publicly telling cusotmers to front run these operations
[09:30] {jfjf64} question   when i go to print out chart of daily catch    witch i save for referance  your comments dont come up on chart   anyway to put on chart   just thinkin
[09:31] {davd} gm all
[09:31] {jfjf64} david
[09:31] {Threei}  davd :)
[09:31] {khaln} gmorning
[09:32] {jfjf64} rons   that info ya shared yest  at close   was wild  with  amzn    need to o over more later pls
[09:32] {Threei}  khaln :)
[09:33] {Threei} Short Setup: LVS  .20 break
[09:34] {Threei}  stop above .30 for scalpers
[09:34] {Threei}  .35 for day traders
[09:36] {Threei}  grr... missed GS short on .20 break
[09:37] {jfjf64} crus
[09:38] {Threei}  no go LVS
[09:40] {jfjf64} any takers  crus
[09:41] {jfjf64} aapl
[09:41] {dino} not yet
[09:41] {jfjf64} here
[09:41] {dino} skx l .51
[09:42] {Threei} Short Setup: GLD  .55 break
[09:42] {Threei}  .65 stop
[09:42] {Threei}  1:1
[09:43] {Threei} Long Setup:  RIMM  .65 break half lot
[09:45] {Threei}  .55 RIMM stop for scalpers
[09:45] {Threei}  under .50 day traders
[09:46] {davd} gold inval?
[09:47] {ese} dino....algn
[09:47] {Threei}  hmm?
[09:47] {ese} dn 3 beans on relatively decent news
[09:47] {Threei}  it triggered and reached 1:1
[09:47] {dino} on it
[09:48] {dino} lowered guidance
[09:48] {ese} ahhhhhhh tks missed that
[09:48] {Threei}  invalidation is going over stop limit BEFORE triggering
[09:48] {Threei}  as RIMM just dod for scalpers
[09:48] {Threei}  for
[09:48] {davd} ii
[09:49] {Les} x looking short vad
[09:50] {Les} but market showing upward bias
[09:51] {Threei} Long Setup:  GS  .10 half lot
[09:51] {Threei}  if stays above .90
[09:52] {Threei}  invalidated
[09:53] {Threei} Long Setup:  X  .15
[09:53] {Threei}  half lot
[09:53] {Threei}  RITT Thin microcaps run up on no news; Chat boards targeting low float stocks after the run up in LIVE yesterday
[09:54] {Threei}  - RITT +144%
[09:54] {Threei}  - ALAN +19%
[09:54] {Threei}  - MTSL +140%
[09:54] {Threei}  - LIVE, after rising 200% yesterday is down 30% today
[09:54] {dino} sndk sm l .00 stop lod
[09:55] {Les} PM miners selling off GDX under 54
[09:55] {Threei}  X invalidated
[09:55] {Threei}  davd... see what invalidation is?
[09:56] {davd} ii - will do - i hadn't gotten in so i interpretted loosely, i will read again, thanks
[09:56] {Les} x was short. market helped it nicely
[09:58] {jfjf64} bidu
[09:58] {jfjf64} .25
[09:59] {Les} wondering if GDX bounce here is offering short opp vad? u read it?
[09:59] {Les} miners are weaker than the index today
[10:00] {Threei}  by just following the market, yes
[10:00] {Threei}  by its own setup, no
[10:00] {Les} ok
[10:00] {RonS} anything w/ aig 3i?
[10:01] {Threei}  should be long in it somewhere when market stabilizes
[10:02] {Threei}  RIMM
[10:03] {Threei}  .10 is strong support
[10:03] {Threei}  if drops under .20 will become interesting
[10:04] {dino} crus l .15
[10:05] {Threei} Short Setup: GS  .50 break half lot
[10:06] {davd} in crus .14
[10:06] {Threei}  stop above .65
[10:07] {dino} sndk stopped -.33
[10:07] {Threei}  grr
[10:08] {davd} sndk stopped
[10:10] {Les} market sees our hand and rinses it
[10:11] {dino}  crus stopped -.10
[10:11] {Threei}  rinse GS
[10:16] {Threei} Long Setup:  GS  .10 break
[10:16] {Threei}  half lot, and stop is very clear
[10:17] {dino} itw hl l .52
[10:17] {Threei}  invalidated
[10:19] {dino} skx to .83
[10:20] {Threei} Short Setup: X  .85 break
[10:20] {davd} in itw .52 small
[10:20] {Threei}  .95 stop for scalpers, 42 for day traders
[10:21] {ese} wit dino?
[10:21] {Threei}  scalpers 1:1
[10:21] {Threei}  day traders 1:1
[10:23] {dino} out skx .86, +.35
[10:23] {dino} wit, hmmm
[10:24] {dino} wit .19 range strange
[10:26] {davd} stop on itw dino?
[10:26] {dino} .39 not working
[10:27] {jfjf64} yhoo
[10:27] {jfjf64} watchin.25
[10:27] {jfjf64} break
[10:27] {jfjf64} 5 min chart
[10:27] {dino} crus rinsed
[10:28] {Threei}  jf, chart looks right but don't count on much fast
[10:28] {Threei}  rather count on a little and slowly :)
[10:29] {jfjf64} hey  little and slowly
[10:29] {jfjf64} dont be wise guy
[10:29] {Threei}  thank you, that's a relief
[10:30] {jfjf64} lol
[10:30] {Threei}  anything witrh "wise" in it is tough for me to do
[10:30] {khaln} bud wiser
[10:30] {jfjf64} you never answered me on  chart from the blog i sent at open
[10:31] {Threei}  hmm?
[10:31] {Threei}  sorry, must have missed it
[10:31] {Threei}  could you repeat?
[10:31] {dino} crus l .14 last try
[10:31] {jfjf64} anyway for you to put  ya comments on chart of day somehow
[10:31] {jfjf64} when i print out
[10:32] {jfjf64} dont see ya comments on setup
[10:32] {jfjf64} ect
[10:32] {Threei}  comments are right above the chart
[10:32] {Threei}  in blue
[10:32] {jfjf64} just makes me print out chart
[10:32] {jfjf64} not  what ya have highlited
[10:32] {jfjf64} follow
[10:33] {Threei}  image popup is different page
[10:33] {Threei}  can't combine them, and if I put text on the chart it will be unreadable
[10:33] {jfjf64} k
[10:33] {Threei}  what I want to do next year though is:
[10:34] {Threei}  when I have 100-150 of them,
[10:34] {Threei}  breakd thenm down by groups
[10:34] {Threei}  and make a video with screenshots and voice comments
[10:34] {jfjf64} nice idea
[10:34] {larisa} good idea
[10:34] {ese} l algn.00
[10:34] {jfjf64} i print out everyday
[10:34] {Threei}  kind of what scaling video course shows, but not real time
[10:34] {jfjf64} priceless
[10:35] {ese} make that .01
[10:35] {jfjf64} keep
[10:35] {jfjf64} lookinat
[10:35] {Threei}  figured, there is so much material that will just disappear in the depth of the blog,
[10:35] {Threei}  it would be useful to oput it together
[10:35] {jfjf64} 100%
[10:36] {jfjf64} doesnt get any realer
[10:36] {Les} I like not having to read it
[10:36] {Les} vad can talk to me
[10:36] {Threei}  realer... my kind of languege
[10:36] {jfjf64} ??
[10:36] {Les} point it out to me
[10:36] {Les} spoon feed me
[10:36] {Les} but don't make me read
[10:36] {Les} heck forget the videos
[10:36] {jfjf64} realer whats da problem
[10:37] {Les} I just wanna be spoon fed
[10:37] {larisa} vad will crash your teeth with a spoon, be sure of that :)
[10:37] {Les} vad s X .75
[10:37] {Les} small shares, looking for retest of yesterdays low
[10:37] {Les} u gotta read?
[10:38] {Les} thanks lari :)
[10:38] {larisa} :)
[10:38] {jfjf64} stp
[10:38] {jfjf64} 5 min chart
[10:38] {Threei}  toughie les
[10:38] {jfjf64} watch
[10:38] {Les} thinking maybe db here...
[10:38] {jfjf64} in
[10:39] {jfjf64} stop.69
[10:39] {dino} crus to b/e
[10:42] {jfjf64} bp
[10:42] {jfjf64} breakdn
[10:42] {jfjf64} ??
[10:43] {ese} L colm .71
[10:44] {dino} itw stopped -.13
[10:44] {ese} sm on colm 300
[10:45] {dino} l?
[10:46] {jfjf64} hmm
[10:46] {ese} L
[10:46] {jfjf64} look yhoo
[10:46] {Threei}  yup... slwoly gave 8 cents
[10:46] {Threei}  just as told
[10:47] {jfjf64} set up again
[10:47] {davd} stopped itw
[10:47] {jfjf64} imo
[10:48] {khaln} bjri ?
[10:49] {jfjf64} nope
[10:49] {Threei}  very thin one khaln, incredibly risky
[10:49] {khaln} thx
[10:51] {jfjf64} apc
[10:51] {jfjf64} movin today
[10:52] {jfjf64} fe
[10:52] {dino} colm sm l .67 spready
[10:52] {jfjf64} bounce
[10:52] {jfjf64} ??
[10:52] {ese} algn out 1/2 .11 +.11
[10:52] {ese} stop to break evn balance
[10:53] {jfjf64} .90
[10:53] {Threei}  hmmm
[10:53] {Threei}  FE
[10:53] {jfjf64} hold.80
[10:53] {Threei}  don't see any nedws
[10:53] {Les} I'm in!
[10:53] {strider} nothing here
[10:53] {ese} ya real spready dino......driving me crazy ....pushing the boundaries of my comfort level
[10:53] {Les} c u's for close. Aikido time
[10:54] {ese} but it's put in a higher low so should be ok
[10:54] {ese} cya les
[10:54] {dino} jumps around a bit, but feels up
[10:54] {RonS} say hi to your dog Les...
[10:54] {Les} you mean the missus Ron?
[10:55] {RonS} aikido
[10:55] {dino} out crus .26, +.14
[10:55] {ese} ya
[10:55] {dino} opps +.12
[10:56] {Threei} Long Setup:  FS  .80 break
[10:56] {Threei}  nah, invalidated
[10:56] {strider} fe?
[10:56] {Threei}  yeah
[10:56] {Threei}  invalidated abyway, lol
[10:56] {Threei}  but watching
[10:56] {strider} close enough for govt work
[10:57] {ese} algn balance stopped even.00 1k/1k
[10:57] {Threei}  no single green bar from 10:30
[10:57] {strider} gonna go ahead and put in a bid at $1.00
[10:57] {Threei}  ok
[10:57] {Threei}  .70 long if holding .55
[10:58] {strider} now?
[10:58] {Threei}  half lot
[10:58] {Threei}  not a scalp
[10:58] {Threei}  half out
[10:59] {Threei}  1/4 more offer .95 - .97
[10:59] {Threei}  stop to .65
[11:02] {Threei}  hit
[11:02] {dino} cyt
[11:02] {Threei}  stop to .70
[11:03] {dino} leg
[11:03] {Threei}  offer last piece 38.10 or so
[11:03] {Threei}  finally hooked a decent one
[11:04] {strider} and I missed it
[11:04] {Threei}  gave two entry chances
[11:04] {ese} have been lookin at both of those
[11:04] {ese} cyt leg
[11:06] {dino} cyt sm l .30
[11:07] {strider} short FE .85
[11:09] {dino} out cyt ,88, +.58
[11:12] {larisa} gj
[11:13] {Threei}  beautiful
[11:14] {Threei}  (US) Reportedly WTO panel rejects most of China's claims in dispute over US duties (update)
[11:14] {Threei}  - US Trade Rep (USTR) Kirk comments that panel ruling allows US to go forward with duties on China pipe imports.
[11:14] {Threei}  - REMINDER: On 9/13, US Commerce Dept sets final anti-dumping duty on stainless steel pipe from China of 49-99%. On 09/27, US Commerce Dept set final duties on copper pipe imports from China at 11.2-60.9%.
[11:15] {ese} nice dino
[11:15] {ese} colm is driving me nuts
[11:16] {dino} ty
[11:16] {dino} cyt dropped a buck
[11:19] {ese} what do you make of this colm.....it's hovering doing zip
[11:19] {strider} cover FE +.20
[11:20] {RonS} colm...trades by appt...portland or co...noone cares
[11:20] {dino} dk es, dk
[11:20] {dino} hl l itw .15, stop .97
[11:20] {ese} ahhhhhhh.......ya ahhhhhhhh sure
[11:21] {dino} cyt getting interesting again
[11:21] {ese} wtf does that!!!! mean
[11:21] {dino} dk=don't know
[11:21] {ese} lol
[11:23] {ese} what was that stock you and i were in the other day.......as soon as we flippin jetisoned it......it shot up a buck and a half............sure as H thats whats gonna happen.......
[11:24] {dino} i forget, but that happens alot to me
[11:25] {kowboy} FE ss .40?
[11:25] {Threei}  hard to tell
[11:25] {kowboy} ty
[11:25] {Threei}  can go either way here
[11:25] {Threei}  and violently
[11:25] {ese} ahhhh see here it goes.....just as i was thinkin about it
[11:26] {Threei}  50/50
[11:28] {Threei}  would have killed you
[11:28] {kowboy} yep thanks
[11:29] {ese} colm does fit your criteria of sm shs.....so when it takes off...if it takes off it should pop right up there
[11:30] {dino} cyt sm l .00
[11:31] {ese} L cyt .05
[11:32] {ese} out .20 +.15
[11:32] {ese} tks dino
[11:33] {dino} gj
[11:33] {ese} now thats mor like it.......in   pause out.......done!
[11:34] {dino} indeed
[11:34] {ese} out colm .99 +.28
[11:35] {dino} it's going higher
[11:36] {ese} i'm sure.......but i've got to get use to your style of holding onto these types....just not there yet
[11:37] {RonS} cmg...the $200 burrito
[11:37] {RonS} mags coulda played it
[11:38] {ese} too funny
[11:39] {magoo} i saw that remark lol
[11:39] {RonS} everyone been to cmg?  the burritos are good but absolute gut bombs
[11:39] {ese} still sittin in the dinner thinkin about quitting
[11:39] {RonS} who mags?
[11:40] {dino} lol es'
[11:40] {magoo} no i went to graduation and have been reassigned
[11:40] {RonS} i think it was the diner tho
[11:42] {ese} youzzze isssaaaa correctta
[11:43] {magoo} hey vad, whats the short of TNA? TZA
[11:43] {RonS} jus thinkin og mags sitting in a big dinner a la Alice in Wonderland...
[11:43] {RonS} of
[11:44] {Threei}  yes mags
[11:45] {RonS} ree ripping....co is not the korean maker of Lee jeans...
[11:46] {magoo} ty vads
[11:46] {ese} huh.........well then i sure been misled
[11:46] {magoo} REE a crazy one
[11:48] {dino} lol'
[11:53] {khaln} .
[11:53] {Threei}  NY Fed: Purchased $2.49B in outright coupon purchase; dealers submitted $24.8B for consideration (bid to cover 9.9) (update)
[11:53] {Threei}  - Heaviest purchase $1.27B in the 04/15/13 maturity (nearest dated)
[11:53] {Threei}  - Avg bid to cover over prior four auctions is: 6.3
[11:56] {Threei}  (US) Fed's Fisher: Policymakers must remain aware of the impact of their policies on the USD
[11:56] {Threei}  - Targeting price levels would be confusing.
[11:56] {Threei}  - Perceptions about long-term health affect the USD.
[12:05] {dino} itw to .44
[12:07] {magoo} RIMM looks short
[12:14] {dino} out itw .49, +.34
[12:15] {dino} cyt db?
[12:15] {RonS} cyt looking to take out lod
[12:15] {Threei}  why, why am I watching TV
[12:16] {RonS} u luv the O?
[12:17] {Threei}  lol
[12:17] {Threei}  a woman sends a soundbite
[12:17] {Threei}  saying:
[12:17] {dino} good call ron
[12:17] {Threei}  I am proud of america,
[12:18] {Threei}  I cried tears of happiness when a black man was elcted a presidemt, and I hope to see a woman, an asian man, a jewish man, a muslim, a gay among next presidents
[12:18] {dino} apol dropping
[12:18] {Threei}  I listen to this and think:
[12:18] {Threei}  how the hell is it possigble that you never mention one little thing:
[12:18] {Threei}  COMPETENT TO GOVERN!
[12:19] {larisa} do not call O names!
[12:19] {Threei}  lol
[12:19] {Threei}  all that is all that matters to her
[12:19] {RonS} ...for libs it's all about the feerings...no logic needed
[12:20] {Threei}  now, who is rasist here, me who doesn't care about president skin color and only wants him/her to be competent
[12:20] {Threei}  or this idiot who wants to see politically correct skin color as defining quality iof the next president?
[12:20] {Threei}  f**k...
[12:20] {Threei}  and jf asks why I like cats??
[12:20] {Threei}  this is why!
[12:20] {dino} roflol
[12:21] {RonS} ya, they are equal opportunity prejudiced
[12:21] {Threei}  there you go
[12:21] {RonS} they only like people who are allergic to them
[12:22] {Threei}  the % of imbeciles...
[12:23] {Threei}  I don't know how we humans survived if our intellect is supposed to be our advantage... darwin must be wrong
[12:24] {Threei}  ONTY Strength attributed to positive speculation about prospects for its Stimuvax lung cancer drug
[12:26] {RonS} indoctrination 3i, they captured the schools 40 years ago...koolaid drinkers who love living on the plantation.  It has always amazed me how the haves can and do convince the have nots  to act aginst their own best interest...
[12:27] {Threei}  see? can't indoctrinate cats
[12:28] {Threei}  APOL...
[12:28] {Threei}  15 min ago:
[12:28] {Threei}  APOL Discloses Florida has started investigation into unfair and deceptive trade practices - filing
[12:35] {Threei}  narrow day
[12:38] {dino} cyt sm l .25
[12:42] {RonS} not a Weekend at Bernie's:  http://tinyurl.com/39m3f5w
[12:43] {magoo} FCX dive
[12:43] {dino} out colm .27, +.60 ty es
[12:46] {ese} yw
[12:47] {ese} just as i was about to buy cyt.......sacre bleu.........it shoots up
[12:47] {davd} missed cyt too
[12:47] {dino} lol was laying out, spiked dropped
[12:55] {Threei}  ARNA Trades higher ahead of FDA decision on Lorcaserin weight management drug
[12:55] {Threei}  Today is the FDA PDUFA action date on the drug.
[12:55] {Threei}  - ARNA tumbled in mid-Sept after an FDA advisory panel voted 9-5 to against recommending approval of Lorcaserin. Strength today partly attributed to an FDA communication disclosed today that the agency "regrets" not including a toxicity expert on the FDA advisory panel on 9/16.
[13:03] {Threei}  TNA sharp dive
[13:05] {Threei}  FE Hearing Citigroup attributes weakness in utility sector to disappointing results in an Ohio Public Utilities Commission procurement auction (update)
[13:06] {Les} howzit goin?
[13:07] {Threei}  got nice FE trade rifght after you left
[13:07] {Threei}  that's about it
[13:07] {Les} yeh just looking at index
[13:07] {Les} where u take FE?
[13:08] {Threei}  .70 to .97
[13:08] {Les} just before 11?
[13:10] {Threei}  yup
[13:10] {Threei}  [10:57] {Alert} Threei ok
[13:10] {Threei}  [10:57] {Alert} Threei .70 long if holding .55
[13:10] {Les} nice bounce catch
[13:10] {dino} cyt stopped -.27
[13:14] {magoo} fcx read VAD?
[13:14] {dino} sndk l .92
[13:15] {Threei}  none
[13:15] {Threei}  probably more downside
[13:15] {Threei}  but no firm read
[13:20] {dino} stop to .04 sndk
[13:20] {dino} out +.12
[13:22] {dino} colm hl l .22 stop .97
[13:30] {dino} cyt sm l .00
[13:32] {Threei}  TNA
[13:32] {Threei}  .50 break for a scalp
[13:34] {strider} long or short call?
[13:34] {Threei}  quoted .48 x 49 at the moment of the call??
[13:34] {Threei}  take scalp here
[13:34] {strider} sorry.  wasn't looking at it the moment of the call. :)
[13:35] {Threei}  (US) Fed's Plosser; deflation not a serious threat, hopeful could eliminate the Fed's purchasing of private assets (related XLF TLT SHY IEF )
[13:35] {Threei}  hmmm
[13:35] {Threei}  this is biggie if true
[13:37] {Threei}  - Notes that the BAC issue on put back assets demonstrates the problem with purchasing private assets
[13:37] {Threei}  - Sees an issue on triming interest on excess reserve as it may distort short term funding markets
[13:41] {ese} L alks..95
[13:43] {ese} nahhhhhhhh out even......molassas .95 +/- .00
[13:44] {kowboy}  dino stop on cyt?
[13:45] {Threei}  (US) SEC reportedly will look to implement flash crash rules in December or later (related ITG GS )
[13:45] {Threei}  what's their hurry
[13:55] {Threei}  VHC Strength attributed to rumors that VirnetX could reach a patent settlement with Apple and Cisco
[13:55] {Threei}  - REMINDER: in May, VHC got a $200M payment in a settlement and license agreement with Microsoft.
[13:55] {dino} colm stopped
[13:55] {ese} gotta hit the trail for the day.....have a great weekend all
[13:56] {Threei}  take care ese
[13:56] {Threei}  sun is out
[13:56] {dino} cya es
[13:56] {RonS} take care ese
[13:57] {Les} TZA vad, u interested?
[13:59] {Les} looking like c&h
[14:00] {Threei}  direction wise, yes
[14:01] {Threei}  but size of the market move needs to be pretty substantial for TZA to yield something worthy
[14:01] {RonS} illiberal liberals are running amok:  http://tinyurl.com/2dnzqfo
[14:03] {Les} I c a nice payout coming for the guy Ron
[14:04] {RonS} dunno, he is a union guy working on a union job and they sent him home. if he sues and does not win he will never work again.
[14:07] {RonS} ...can the guy walk and chew gum at the same time?: http://tinyurl.com/258bzdw
[14:09] {Threei}  I don't get it
[14:10] {Threei}  whatever I think of him, and I don't think much positive - I can't deny that he is a good orator
[14:10] {Threei}  why does he need this thing all the time?
[14:10] {RonS} Pbama will be the first to use a teleprompter in the Indian Parliament in an address scheduled for (i think) next month
[14:10] {RonS} Obama
[14:11] {Threei}  especially as it becomes so widely citicized and he gets nicknamed as teleprompter president
[14:11] {dino} ego
[14:11] {Les} naaah
[14:11] {Les} spin doctor mentoring
[14:11] {Les} image control
[14:12] {Les} my opinion
[14:12] {dino} crus l .10
[14:12] {Les} vad fcx read?
[14:15] {Threei}  it doesn't have any form
[14:15] {Threei}  shape
[14:15] {Threei}  rhythm
[14:15] {Threei}  rhyme
[14:16] {Threei}  (FR) Senate final vote approves pension reform legislation; retirement age moves to 62 from 60 (related EUR/GBP EUR/USD TOT )
[14:16] {KSystems} hey..
[14:16] {Threei}  ks :)
[14:27] {dino} stop cyt -.15
[14:29] {dino} sndk l .67
[14:34] {davd} in sndk .67
[14:35] {Threei}  look at TNA
[14:35] {Threei}  what weird spikes
[14:35] {Threei}  bounce candidate actually
[14:35] {magoo} i saw .81 on it
[14:37] {Threei}  took 10 cents
[14:37] {Threei}  shrug
[14:37] {Threei}  idiotic trade but easy
[14:40] {magoo} bidu going for high
[14:40] {larisa} took TNA for scalp when it dropped into .50s ?
[14:42] {magoo} CMG hiogh
[14:43] {Threei}  yes larisa
[14:43] {larisa} and why you call it idiotic :) short term uptrend,  pullback right into support.. perfect setup in my book :)
[14:44] {Threei}  well
[14:44] {Threei}  mostly because there was no trigger to it
[14:45] {Threei}  i am rarely enthusiastic about trades with missing component
[14:46] {Les} vad IBM b/d?
[14:46] {Les} .75?
[14:46] {Threei}  if market dowticks, yes
[14:47] {Threei}  and if stays under .85
[14:50] {nemo} How's the day going folks?
[14:50] {Threei}  not bad.. not stellar
[14:50] {nemo} well, if I had been here.....
[14:50] {nemo} ;)
[14:50] {Les} I'd have quit
[14:51] {nemo} Oh, my fondest wish
[14:51] {dino} lol
[14:51] {Les} well at least I'm trading now
[14:51] {jfjf64} nemo  what up
[14:51] {nemo} touche
[14:51] {nemo} sittin' here, thumb up my ass, waiting
[14:52] {jfjf64} ??
[14:53] {Les} missed IBM
[14:54] {dino} sndk stopped
[14:55] {Threei}  second chance came for you les, and worked
[14:57] {Les} yeh, then I realised I didn't have buying power to make 1:1 interesting for me
[14:58] {Les} so I'll go back to sleep
[14:58] {Les} x looking breaky. U got a read vad?
[14:59] {Threei}  market is locked
[14:59] {Threei}  i don't want to play breaks
[14:59] {Les} ok
[14:59] {Les} so I'll go back to sleep
[14:59] {Les} again
[14:59] {khaln} zzzzzzz
[15:00] {Threei}  4 points SP whole day
[15:00] {Threei}  lucky we found what we found
[15:03] {Threei}  wow
[15:03] {Threei}  fatal shark attack in Santa barbara
[15:05] {RonS} surfer?
[15:06] {Threei}  yes
[15:07] {Les} well surfers like getting close to mother nature..
[15:07] {davd} google security breach, email and passwords leaked
[15:07] {RonS} firend of mine had his board chomped and leg cut years back.  Sherk activity picked up in the area when they protected the sea otter and the population exploded.
[15:09] {Threei}  their problem is, they look too much lkike seals from beneath
[15:10] {magoo} look TNA
[15:12] {Threei}  let it drop to about .60 and look for entry for bounce
[15:13] {magoo} can't make me lol
[15:13] {Threei}  lol
[15:15] {Threei}  in
[15:16] {Threei}  .55 stop
[15:17] {Threei}  tried .72 for out
[15:17] {Threei}  missed by 1 cent, lol
[15:19] {Threei}  out
[15:20] {Threei}  eod breadcrumbs picking
[15:20] {Les} steak vad, we need steak
[15:20] {Threei}  not on menu today
[15:21] {Les} I wanna speak to the manager
[15:21] {khaln} happy meal
[15:21] {magoo} "let them eat cake"
[15:23] {Threei}  les reminded me...
[15:24] {Threei}  customer in the diner expresses extreme dissatosfaction and demands a manager
[15:24] {Threei}  manager comes out and asks: what is it you are unhappy about?
[15:24] {Threei}  customers says Everything!!
[15:25] {Threei}  manager: I understand, and even share... but why have you decided to start with my diner?
[15:25] {Les} speaking of crumbs....
[15:26] {Threei}  sigh
[15:26] {Les} I'm sure I said something about keeping yer day job :)
[15:26] {dino} whats the soup du jour? i don't know but they have it every day
[15:26] {RonS} ...but he kinda looks like Rodney Dangerfield...:)
[15:27] {Les} you guys need a drink
[15:28] {khaln} &smoke
[15:28] {dino} perhaps
[15:29] {Les} a drink to lose these corny one liners dino...
[15:29] {Les} just found a glass of Lagavulin to finish the evening
[15:30] {dino} waitress asked if i wanted to box my leftovers. i said i'd rather wrestle for them
[15:30] {Les} alright, that was a little  bit funny
[15:30] {Les} LVS vad. u got a read?
[15:30] {Threei}  hey, with each next glass les finds our jokes funnier ad funnier
[15:31] {dino} lol
[15:31] {Les} yeh funny that
[15:31] {Les} .70 b/d?
[15:31] {Threei}  LVS, rather down
[15:31] {Threei}  but again.. market is still locked
[15:31] {Threei}  and having G20 weekend, most likely will end this way
[15:32] {Threei}  with slight chance of downbreak
[15:32] {Threei}  or breakdown
[15:32] {dino} out crus +.06
[15:32] {Les} were you a weather forecaster in another life vad?
[15:32] {Threei}  NPR are idiotas
[15:32] {RonS} lol Les...thinkin the same...
[15:33] {Threei}  oh boy.. it's contagious
[15:33] {Threei}  we need to isolate les
[15:33] {Les} NO
[15:33] {Les} we need Nemo
[15:33] {Threei}  what no... you already got ron
[15:33] {Les} to get this party going again
[15:34] {RonS} we need nemo trading...
[15:34] {magoo} .
[15:34] {magoo} am i here?
[15:34] {Les} ah a fellow existentialist
[15:34] {Threei}  I don't know mags... les looms too large
[15:34] {Threei}  can't see anyone else
[15:35] {magoo} my internt was ouit fot ten mins
[15:39] {dino} back in ten
[15:39] {Threei}  just found out, Laser has alerts on stock reaching certain price levels
[15:40] {Threei}  who needs them... in Modules section
[15:42] {magoo} BIDUUUUUUUUUUUU
[15:43] {Les} bounced off vwap mags
[15:43] {Les} ran straight thru all MA support. could drop further
[15:44] {magoo} dunno, seems worse
[15:45] {Les} unless you grabbed the reversal?
[15:45] {magoo} i caught the shoret, loss of ,50 to .93
[15:45] {magoo} out
[15:48] {magoo} reversal was good idea, u try it
[15:49] {Les} no
[15:56] {Les} will be some time before I have confidence to engage snap reversals like that
[15:57] {Threei}  (CH) China to eliminate tax breaks for foreign firms, effective Dec 1 - Nikkei News
[15:57] {Threei}  China's State Council has notified foreign-owned companies that they will have to pay city maintenance and education taxes, just like Chinese firms, starting Dec. 1.
[15:57] {Threei}  - China has been gradually consolidating its two sets of tax rules -- one for foreign firms and the other for domestic ones -- since it stepped up market reforms in 1994.
[15:57] {Threei}  - Rates for city maintenance and construction taxes range from 7% for the biggest municipalities to 5% for midsize ones and 1% for the smallest. The education tax takes a flat 3%. They are both assessed on the sum a company pays in other corporate taxes. After the exemptions end, foreign firms located in big cities will see a 10% increase in their total tax payment.
[15:58] {Les} time for foreign corporations to leave China, is that what govt. is saying?
[16:01] {Threei}  thank you all
[16:01] {Threei}  have a good weekend
[16:01] {Les} cheers you to
[16:01] {Threei}  see you on Monday
[16:01] {magoo} i caught vtha6t sh
[16:01] {magoo} from .90 to .30 les
[16:01] {magoo} could not type
[16:01] {Les} yeh it played nicely didn't it
[16:02] {magoo} see, it felt like something was wrong
[16:02] {magoo} if more time i think it would have crashed
[16:02] {Les} c ay
[16:02] {Les} ya
[16:05] {magoo} take care