Tuesday, November 2, 2010

Nov 02 2010

Very nice day with many active plays, starting with nice short on RIMM and ending with nice fat long on ASIA, with plenty inbetween.


Today's Catch of the Day is a good example of trader's adaptability to always changing market conditions. Take a look at the first chart. Our standard setup was to short X under two conditions: iIFit broke 44.95 and IF it held under 45 before doing so. X however broke 45 first, spiked to 45.10 invalidating our setup - and THEN proceeded down, showing what could have been a perfect trade. Not having our setup triggered we simply missed profit opportunity.



15 minutes later FCX formed the same setup - 97.90 short trigger, 98 resistance. Remembering how X acted we assumed that this was today's behavior and adjusted our strategy. Instead of missing another one, we waited for that invalidating spike and re-calibrated our setup accordingly - we shorted 98 breakdown AFTER the spike, with the same 10 cents stop. Chart below speaks for itself.




Session Time: Tue Nov 02 00:00:00 2010
[08:05] {magoo} gskljtsaljb
[08:25] {Threei}  Generic Ballot: Republicans 51% Democrats 39%
[08:26] {Threei}  unprecdented within 100 years I years
[08:26] {Threei}  wrong... 90
[08:26] {Threei}  since the 1920s
[08:39] {Les} Think more. Don't listen to Vad
[08:39] {Threei}  good luck with that
[08:41] {magoo} vad news MA?
[08:42] {Threei}  MA Reports Q3 $3.94 v $3.54e, R$1.43B v $1.4Be
[08:42] {Threei}  Gross dollar volume: +8.5% y/y (constant currency)
[08:42] {Threei}  - Worldwide Purchase volume: +7.9% y/y
[08:42] {Threei}  - Operating margin: 53.6% v 52.6% q/q
[08:42] {Threei}  - WorldWide debit growth: +7.8% y/y
[08:42] {Threei}  - Cross border volumes +15.4%
[08:42] {magoo} ty
[08:43] {magoo} news BPI
[08:43] {Threei}  BPI Reports Q3 $0.61 v $0.53e, R$190.9M v $185Me
[08:43] {magoo} and ARTG
[08:43] {Threei}  Guides FY10 $2.02-2.05 v $1.98e, R$700.3-702.8M v $692Me (prior $1.94-1.97, R$688.2-691.2M on 3rd Aug)
[08:43] {Threei}  - Guides FY10 total student enrollments 71,800-73,800 (prior 69-71K on 3rd Aug)
[08:43] {Threei}  - Guides 2010 bad debt as percentage of revenues 5.4% (prior at 5.1% on 3rd Aug)
[08:43] {Threei}  ARTG Reports Q3 $0.05 v $0.04e, R $50M v $48Me (4.10, 0.00, 0.00%)
[08:44] {Threei}  but it's useless to you because
[08:44] {Threei}  ARTG To be acquired by Oracle for $6.00/shr cash, valued at $1.0B
[08:44] {Threei}  (GR) Explosion reported at Russian embassy in Athens, Greece
[08:44] {magoo} ty
[08:44] {Threei}  sure
[08:45] {Threei}  MA success is well desrved btw
[08:45] {magoo} why
[08:46] {Threei}  their combination of no payment and loaded with generous rweards cards is way more att5ractive than Visa
[08:46] {Les} damn I'm sick of hearing of mega rewards for cards in US
[08:46] {Threei}  I for one totally moved my whole payment stream from Vuisa to Mastercad
[08:47] {Threei}  I use credit cards for convenience and rewards,. not for credit, killing balance in full, each month
[08:47] {Threei}  and for many years Visa was my main cards
[08:47] {Les} ditto, but no rewards in switzerland
[08:47] {Threei}  earlier this year switched 95% of payments to MA
[08:48] {Threei}  double vs V reward on most purchase, triple on food and fuel, and no annual payment
[08:49] {Threei}  I'd suspect I am not the only one noticing that and reacting
[08:49] {Les} V looking like a sympathy play. .80 break
[08:50] {Threei}  yes, if MA breaks
[08:50] {Les} k
[08:50] {Threei}  stock with news is a leader
[08:50] {Threei}  in sympathy plays
[08:50] {magoo} id rather play ma direct
[08:50] {Les} ooh I remember MA
[08:50] {Threei}  with 45 cents spread?
[08:50] {magoo} i just missed short 252 no kidding
[08:51] {magoo} stupid route was on edge
[08:51] {magoo} dont know why
[08:52] {Threei}  85 cents
[08:52] {Threei}  shrug
[08:53] {Threei}  you are violating first peinciple of trading
[08:54] {Les} wow the spread!
[08:54] {Les} $2
[08:54] {magoo} i have not done a thing and u r on me already :)
[08:54] {Threei}  you tried
[08:54] {Threei}  and I gnaw at your throat because I care {G}
[08:54] {magoo} it was a great short
[08:54] {Threei}  no it wasnt
[08:55] {Threei}  it was arbitrary entry that would have killed you if you were wrong
[08:55] {Threei}  you'd have started day deep in the hole
[08:55] {magoo} no pain straight down 3,
[08:55] {Threei}  tried to get revenege
[08:55] {Threei}  digging deeper yuet
[08:55] {magoo} well, up 12 and i was reading lev 2
[08:55] {Threei}  you are evaluating the play by the result?
[08:56] {Threei}  this is so wrong...
[08:56] {magoo} why i take u off ignore from yesterday :)
[08:57] {Threei}  I know it won't last, so I hurry to to say all I have before you put me back in {G}
[08:57] {magoo} its like college...kids pay extreme tuition but do not want to go to class or study....i pay monthly fee to vad and put him on ignore along with nemo he he
[08:58] {Threei}  well it just means that ingoring me is a pleasure worth paying gor in and of itself
[08:59] {Threei}  one thing frustrates me to no end:
[08:59] {Threei}  whole China, 1.2 billion people, ignorwes me for free
[08:59] {Threei}  I want to charge them 1 cent a year for the privilege
[09:00] {Threei}  but noooooo
[09:01] {Les} perhaps if you make your site look more official. Communist affiliation or something like that?
[09:01] {Threei}  I guess
[09:01] {Les} you should have chose to migrate to China
[09:02] {Threei}  and ever get to be ignored by magoo?
[09:02] {Les} emigrate
[09:02] {_flautero} good morning:)
[09:03] {magoo} u ever see that movie doc zhvivako
[09:03] {Threei}  flautero :)
[09:03] {magoo} spelling real bad i know
[09:03] {Threei}  I read the book
[09:03] {Threei}  can't remember if I saw the movie
[09:04] {magoo} theres a real good remake of original with the mistress being the girl friom pirates of the carribean
[09:04] {Les} I remember the original being long enough
[09:06] {Les} BP back in the black apparently
[09:06] {Les} q/q
[09:06] {Threei}  must be making white house mad as hell
[09:07] {RonS} hot chick finds romance, evil older perv wants in her pants, in the backdrop of russian history...total chick flick. 'nuff said
[09:07] {RonS} gm btw
[09:07] {Threei}  I mean this is the president who said that he would ioncrease capital tax EVEN if it led to decrease to goverment reciets
[09:07] {Threei}  ron :)
[09:08] {magoo} c'mon ron, alot of fighting and death despair
[09:08] {magoo} plus sex...what u want
[09:08] {RonS} like i said...russian history...
[09:09] {Threei}  and I still can't believe he actually called his ideological opponents "enemies"
[09:09] {dino} gm all
[09:09] {Threei}  dino :)
[09:09] {RonS} one of my fav movies...Enemy of the State...i luv Hackman...
[09:10] {magoo} total chick flick lol
[09:11] {dino} don't forget to vote today
[09:11] {RonS} ...again?...
[09:12] {RonS} Karl Rove: "I want to die in Texas. So I can continue to participate in politics."
[09:13] {RonS} :D
[09:16] {Threei}  larisa :)
[09:16] {larisa} gm :)
[09:16] {davd} gm all
[09:16] {Threei}  davd )
[09:17] {davd} hi larisa and threei
[09:17] {larisa} vad, davd :)
[09:17] {davd} gm dino and rons and magoo
[09:17] {kowboy} gm all
[09:18] {davd} kowboy
[09:18] {Threei}  kowboy :)
[09:19] {RonS} ORCL...the tech version of The Borg...
[09:20] {magoo} hey davd, kboy
[09:21] {RonS} GOOG sues the Dept of the Interior...those guys have cajones...
[09:21] {dino} enr, clx
[09:21] {RonS} shoo
[09:24] {magoo} vad MSTR
[09:24] {Threei}  MSTR Reports Q3 $0.63 v $1.73 y/y; Rev $114.5M v $104.0M y/y (90.53, -0.10, -0.11%) (related AAPL )
[09:25] {RonS} wynn reports ah...mpel kills it & this:  Macau gambling revenue hits record in October       11/01 04:23 AM
[09:25] {RonS} up 50%...
[09:25] {Threei}  Google Inc Google and Onix Networking are suing US Dept of Interior for shutting them out of bidding for hosting Govt information and applications in a secure domestic location - BusinessInsider
[09:25] {Threei}  - Major disputes between choosing MSFT or Goog came down to security standards as MSFT hosts information all over the world, in Feb announced they would have special domestic servers for the Govt.
[09:25] {Threei}  - GOOG says that their apps for Govt meets all security standards while MSFT's new net up has not yet been approved.
[09:25] {Threei}  - Google also says that the Department of the Interior insisted that its systems be hosted on a set of servers used only for federal customers; Google Apps for Government hosts systems for federal, state, and local governments, so this was a problem.
[09:25] {Threei}  - Govt changed their mind when they chose Microsoft's BPOS solution.
[09:25] {Threei}  - Google says that Microsoft's BPOS services for businesses have had several outages, including a 4-day outage in January, which contradicts the requirement of 99.95% uptime.
[09:26] {jfjf64} mornin all
[09:26] {Threei}  jf :)
[09:27] {khaln} g morning
[09:27] {Threei}  khaln :)
[09:27] {Threei}  MON Announced significant progress toward launching next-generation dicamba-based weed control systems for soybeans and cotton with BASF
[09:30] {RonS} ...been some talk of BASF buying MON...
[09:32] {Threei} Short Setup: RIMM  .10 break
[09:32] {Threei}  if stays under .20 for scalpers, .25 for day traders
[09:33] {Threei}  covered .91
[09:33] {Les} too fast for me
[09:34] {Threei}  1:1 for secoind chance entry
[09:34] {Threei}  1:2 again
[09:34] {Threei}  gidft that keeps on giving
[09:35] {Les} another entry possible?
[09:35] {Threei}  3rd? no
[09:35] {Threei}  2nd is usually fine
[09:35] {Les} V selling off
[09:35] {Threei}  3rd is pushing it
[09:35] {Les} ok
[09:36] {Les} mags u take 3rd?
[09:37] {Les} x read?
[09:37] {Threei}  rather long on .30 break
[09:37] {Threei}  51/49
[09:38] {Les} cat 80 b/d
[09:38] {Les} ?
[09:38] {Threei}  nio
[09:38] {Threei}  X 1:1
[09:39] {Threei}  REMX China planning to trim exports of rare earth metals in 2011 - Nikkei (20.67, +0.17, 0.83%) (related TRADEX REE MCP )
[09:39] {Threei}  that was the reason for REE spike
[09:40] {magoo} sorry late, les yes took second tho, out .76
[09:41] {Threei}  I would slap magoo with roll of cash if I haven't had him on ignore
[09:41] {Threei}  X 1:2
[09:41] {Threei}  you took it les?
[09:41] {Les} not with 51/49 odds
[09:42] {Threei} Long Setup:  FCX  97 break half lot
[09:43] {nemo} hey folks!
[09:43] {Threei}  stop .85
[09:43] {Threei}  target .40 or so
[09:43] {Threei}  hey nemo
[09:43] {Threei}  over 1:1
[09:43] {magoo} in it
[09:43] {Threei}  partial out this time will ya?
[09:43] {nemo} Just dragged a 10 pointer out of the woods, have to go check it in and drop it off at the butcher
[09:44] {Threei}  'ceause if you oversit it and blame me after, I am going to strangle you
[09:44] {Les} REMX .50 b/d?
[09:44] {Threei}  wow nemo
[09:44] {magoo} AWESOME NEMO..CONGRATS
[09:44] {dino} meli sm l .80\
[09:44] {nemo} Shot it last night but at last light
[09:44] {Les} I assume ten pointer means male, adult deer?
[09:45] {dino} sweet nemo
[09:45] {Threei}  not sure about REMX
[09:45] {nemo} yes, male
[09:45] {Les} we are talking about antlers I assume
[09:45] {dino} lol, yes
[09:45] {nemo} yes antlers
[09:46] {Threei}  anglers too - sometimes nemo shoots those as well
[09:46] {Les} yeh I'm with ya's. I'm hip, I'm cool
[09:46] {RonS} :O
[09:46] {davd} in meli .8 small
[09:46] {nemo} If I said  whacked a Big Red, you'd understand, right Les
[09:46] {nemo} ?
[09:46] {Les} pigs and buffalo I unerstand
[09:46] {Les} red deer?
[09:46] {nemo} Roos, dude.  used to hunt them in Oz
[09:47] {Les} oh right
[09:47] {Les} never had a crack at a roo
[09:47] {Les} you must come hunting next time I am in Oz
[09:48] {Les} $ b/d
[09:49] {Les} cat read vad?
[09:49] {Threei}  .20 break long
[09:49] {magoo} partialed .20
[09:49] {Threei}  half lot
[09:49] {magoo} boss
[09:50] {Threei}  whew
[09:50] {Threei}  CRUS Hearing vague takeover chatter circulating (12.79, +0.28, 2.24%)
[09:50] {magoo} take look HAL
[09:51] {Threei}  looks lower to me
[09:51] {Threei}  I'd shiort .90 break
[09:51] {nemo} Mags, he was with two does..used a buck call to bring him in...12 yard shot
[09:52] {magoo} man, i know u been qworking hard..WTG
[09:52] {Threei}  stop over 31 of course
[09:52] {magoo} post a picture please
[09:52] {nemo} I will
[09:52] {magoo} i sent one of mine to vad once
[09:52] {Threei}  FCX 1:2
[09:53] {Threei}  target git
[09:53] {Threei}  hit too
[09:53] {Threei}  [09:43] {Threei} target .40 or so
[09:54] {dino} msb sm l  ave .25
[09:56] {davd} in msb .25 small
[09:56] {Threei}  http://realitytrader.com/vad/HPIM1931.JPG
[09:57] {RonS} ...a face for radio...
[09:58] {RonS} :)
[09:58] {nemo} pictures o the way guys...gotta' go, hopefully be back for the afternoon.
[09:59] {jfjf64} spy  ugly chart
[09:59] {Les} who's mug does that belong to?
[09:59] {jfjf64} lets play cards
[10:01] {Les} who is in the photo?
[10:01] {magoo} see my house in background
[10:02] {Threei}  FCX 1:3
[10:02] {Threei}  mags, sold yet?
[10:02] {magoo} out
[10:02] {magoo} ty
[10:02] {Threei}  good
[10:03] {dino} out meli .54, +.74
[10:03] {Les} goddamn it. which one of you oldies is in that photo?
[10:03] {dino} thats magoo
[10:03] {Les} aaaaaaaah
[10:04] {Les} vad HAL 31?
[10:04] {Les} dunno if we wanna play breaks today? got stopped out on short
[10:05] {Threei}  let's leave it alone
[10:05] {Les} ok
[10:05] {dino} stop msb .92-.33
[10:08] {Les} x 45?
[10:08] {Threei} Short Setup: X  .95 break
[10:09] {Threei}  invalidated
[10:09] {dino} rumors shld to be taken private by lambert at 85/sh
[10:09] {Threei}  15 min ago
[10:09] {Les} he still holding that piece of %&รง is he?
[10:10] {Threei}  ugh X
[10:11] {Les} right. couldn't see what you were looking for in short
[10:11] {Threei}  this
[10:11] {Threei}  only without invalidation
[10:12] {Les} think it can go lower?
[10:12] {Threei}  I don't lnow where to begin answering that
[10:12] {Les} ok forget it
[10:12] {Les} stupid questino
[10:20] {RonS} mtb looking to trigger short...which i cannot do...
[10:20] {dino} sm l itri .75
[10:23] {davd} in itri .75 small
[10:23] {Threei} Short Setup: FCX  98 break
[10:23] {Threei}  half lot
[10:23] {Threei}  if stays under .10
[10:24] {Threei}  1:1
[10:25] {Threei}  1:2
[10:26] {Threei}  took a lesson from X
[10:26] {Threei}  instead of going with "before the break" short that got invalidated, then worked
[10:26] {Threei}  let it break, then shorted
[10:27] {Threei}  taking advantage of this pattern
[10:27] {Threei}  that's adaptability on the go for you
[10:27] {Threei}  but everyone is aslepp anyway so instead of talking to myself I will too
[10:28] {jfjf64} im here
[10:28] {magoo} working here
[10:29] {jfjf64} sign of good trader  change with market    well done
[10:29] {Threei}  ty
[10:29] {Les} huh?
[10:29] {magoo} sign of good gymnast, ability to pat ones own back
[10:30] {Les} oh right. now i get you vad
[10:34] {Les} cat dropping to 80
[10:35] {dino} hmmm feels like yesterday
[10:36] {Les} REMX at yesterdays low
[10:39] {Les} $ playing pinball today
[10:39] {davd} stop on itri dino?
[10:41] {dino} msb sm l .80
[10:42] {dino} .29
[10:42] {dino} its a pulp type so wider
[10:43] {dino} msb is .49
[10:55] {ese} morning.....just poping in to see how you all is doin......still feeling under the weather
[10:55] {dino} gm es
[10:56] {ese} dino.........carrying on with the....gonna get filthy stinking rich plan........keep up the good work
[10:56] {Threei}  hey ese
[10:56] {ese} hey vad
[10:56] {magoo} morn ese
[10:56] {ese} mags
[10:56] {Les} hangover fixed now ese?
[10:57] {ese} lol
[10:57] {ese} i wish
[10:57] {ese} aching bones
[10:57] {Les} flu getting around is it?
[10:58] {ese} was strong enough yesterday that i thought you all were gonna catch it through the internet
[10:58] {ese} right into the trading room
[10:59] {ese} hey doctor vad......does vodka cure this
[10:59] {Threei}  yes but you have to add ground pepper, both black and cayenne
[11:00] {ese} really......will give that a try
[11:00] {ese} alot or just a shot of it
[11:00] {Threei}  god... forget it... you have to live 10 years in Siberia to survive such cure :)
[11:01] {ese} lol
[11:02] {ese} was thinking about injecitng it interveenously
[11:02] {dino} ebix
[11:02] {dino} wild turkey es
[11:03] {ese} wild turkey?
[11:03] {ese} cold turkey you mean
[11:03] {dino} whiskey
[11:04] {Threei}  turkey goes through stages ese
[11:04] {ese} ahhhhhhh
[11:04] {Threei}  first it's wild,
[11:04] {Threei}  then it's shot,
[11:04] {Threei}  then it's cold,
[11:04] {Threei}  then it's hot in the oven,
[11:04] {Threei}  then it's cold again in the fridge
[11:04] {Threei}  circle of life...
[11:05] {dino} then its made into whiskey
[11:05] {ese} lol
[11:05] {Threei}  make sure you read today's catch of the day
[11:05] {Threei}  everyone
[11:05] {Threei}  timorrow we will hold test
[11:05] {Threei}  who doesn't pass it will be denied entry
[11:06] {Threei}  VVUS Exec: Holding talks with the FDA on the risk management program for Qnexa
[11:06] {Threei}  - Expects an uphill battle to get insurance companies to cover Qnexa.
[11:07] {RonS} hot toddy: in coffee mug, 2 shots whiskey, 1 tbsp lemon juice, 1 tbsp honey, fill rest w/ water...microwave to hot
[11:07] {ese} am looking for it....where is it.....must be blind
[11:07] {dino} indeed
[11:07] {Threei}  it's posted after the close...
[11:07] {Threei}  http://tradinglog.realitytrader.com
[11:08] {Threei}  now you can see yesterday's one
[11:09] {Les} ese, trying something new this year
[11:10] {Les} http://miburl.com/6V6dRu
[11:10] {Les} http://www.vitasprings.com/silver-biotics-16oz-abl.html
[11:10] {Les} apparently silver will kill bugs. gonna try it
[11:11] {ese} what are they going to think of next.......side effects will surely be metal poisoning
[11:11] {Les} well if the alcohol doesn't....
[11:12] {ese} good point.........i double the vodka intake.......with metal chaser
[11:12] {larisa} silver water is used for ages in Russia, even my grandparents did use it
[11:12] {ese} that should do it
[11:13] {ese} any side effects?
[11:13] {dino} out msb .22, +.42
[11:13] {Les} cool larisa
[11:13] {larisa} yes, ese, i look 20 in my 70s :)
[11:13] {dino} lol
[11:14] {ese} lol
[11:14] {Les} ?
[11:14] {larisa} Les, you are daytrader now, need to be fast thinker :)
[11:15] {ese} ear mouth and nose piercing just appears naturally as well
[11:17] {larisa} russians use a device that costs $10 to produce the water at home though , they do not buy  1 oz for $30 :)
[11:17] {ese} i'm outta here........to much laughing hurts my head......should be back tomorrow......probably not quite normal but back
[11:17] {larisa} get better ese :)
[11:17] {Threei}  sorry ese
[11:17] {ese} cya laris
[11:18] {Threei}  if we knew we would be very serious
[11:18] {ese} vad
[11:18] {Les} :P
[11:18] {RonS} wfmi running into earnings...high-end grocer who sells stuff 30-50% more, and has a 31 p/e.  Further proof rich liberals are insane.
[11:18] {ese} i was the cause of it......i'm my own worst enemy
[11:18] {Threei}  nah, I am ltying... "serious" is not something we do easily
[11:18] {ese} lol true
[11:19] {ese} cya
[11:19] {Threei}  get well
[11:19] {RonS} cya ese
[11:20] {dino} get well es
[11:20] {dino} dd, itri
[11:22] {dino} out itri .30, +.55
[11:23] {Les} good idea larisa. now looking around for a machine or method of making own silver water
[11:24] {Les} X read vad?
[11:24] {Threei}  flatline
[11:24] {Les} that's a new one
[11:24] {Threei}  bring the paddles
[11:24] {larisa} http://www.quantumbalancing.com/makeyourowncs.htm
[11:25] {Les} :) ty
[11:26] {larisa} np
[11:27] {khaln} .
[11:30] {Les} gld looks interesting for .10 b/d
[11:35] {Threei} Short Setup: FCX  .60 break
[11:35] {Threei}  hakf lot, if stays under .70
[11:57] {dino} mtb sm l .00 ave
[12:02] {dino} stop is .69
[12:04] {Threei}  no go FCX
[12:05] {Les} outta here. c u's tomorrow
[12:05] {magoo} bye les
[12:05] {jfjf64} ciao les
[12:06] {Threei}  take care les
[12:08] {jfjf64} nflx
[12:08] {jfjf64} .96 break
[12:08] {jfjf64} watfhin
[12:08] {jfjf64} vol coming in
[12:09] {dino} htht sm l ave .51 wide
[12:24] {magoo} .
[12:27] {Threei}  OPEN CNBC's Greenberg making cautious comments, cites falling revenues and rising share price (59.43, -0.60, -1.00%)
[12:45] {dino} .
[12:46] {_flautero} .
[12:47] {Threei}  LVS has no idea of greavity
[12:48] {Threei}  gravity either
[12:48] {nemo} I'm baaaaack
[12:48] {Threei}  like a bad nightmare?
[12:49] {nemo} 193 lbs.
[12:49] {Threei}  nice
[12:49] {dino} htht stopped -.33
[13:09] {RonS} ridiculous:  US to spend $200 mn a day on Obama's Mumbai visit
[13:11] {dino} you could by the whole country in a week for that
[13:12] {Threei}  add 50 more and offer them to keep him
[13:13] {dino} good idea.
[13:16] {dino} open spike
[13:18] {Threei}  trust in the goverment is lower than during watergate
[13:25] {RonS} aud = usd
[13:26] {Threei}  poor aussies
[13:41] {nemo} wow .50 range on the spy all day
[13:41] {khaln} .
[13:48] {nemo} X
[13:52] {nemo} teva interesting
[13:55] {RonS} naked bear on TAP...3300 nov 45 puts bought...$145k bet...reports ah
[13:55] {Threei}  someone started hunting deer within city limits with crossbow
[13:55] {Threei}  2 are killed
[13:55] {Threei}  police is looking for a poacher
[13:55] {nemo} teva over .50 looks long
[13:56] {Threei}  city is overrun by those
[13:56] {Threei}  deer I mean, not poachers
[13:56] {RonS} police?poacher?
[13:57] {nemo} fcx pulled back to 50 ma
[13:59] {Threei}  98 break prbably worth a shot
[14:05] {davd} out itri .57
[14:10] {nemo} X break .80?
[14:10] {Threei}  sure
[14:20] {nemo} teva held well on this pullback
[14:29] {Threei}  according to 2007 study, republican voters are more likely to go out and vote in the rain; dems are likely to stay home
[14:30] {Threei}  so this is what it comes down to for democrat voters... I will go vote for my cnaiddate in fair weather, but if it rains - I'll let reps win
[14:32] {RonS} i have heard such nonsense for 40 years...
[14:32] {RonS} the study concluded its preconceived conclusion
[14:33] {RonS} it is all a cover for the Dem ground game
[14:33] {RonS} money payments, trips to polls, etc.
[14:34] {dino} if you think about it, it's probably true. the lazy, welfare votes don't want to make effort in rain
[14:35] {RonS} dead people voting is my fave...
[14:36] {RonS} old wives tale dino...those of the ilk would not vote good or bad weather
[14:46] {RonS} my house has received at leat 100 political robocalls this season
[14:46] {RonS} least
[14:48] {RonS} answered none of them
[15:00] {RonS} ...a miss...sprd
[15:00] {RonS} nice setups...
[15:02] {Threei}  ASIA Reports Q3 $0.40 v $0.36e, R$122M v $112Me
[15:02] {Threei}  - Guides Q4 EPS $0.40-0.43 v $0.41e
[15:02] {dino} htht sm l .13
[15:03] {dino} mtb out .40, +.40
[15:04] {Threei}  anyoine went for ASIA?
[15:04] {Threei}  nice reaction
[15:05] {davd} in htht small .13
[15:08] {Threei}  watch ASIA for bounce play
[15:08] {Threei}  .10 break
[15:09] {Threei}  if holding 24
[15:09] {Threei}  half lot
[15:12] {Threei}  .90 break
[15:12] {Threei}  invalidated too
[15:15] {davd} not in htht, thought it got picked up....
[15:18] {dino} bummer
[15:23] {Threei}  CFTC: sent subpoenas to gas traders and hedge funds as part of probe of natural gas market (update)
[15:23] {Threei}  what, they are on another with hunt?
[15:24] {dino} thats what obamination is about. get the evil speculators and businessmen
[15:25] {Threei}  but dino... they are evilll everyoine knows that...
[15:25] {Threei}  walk into any room in the white house and ask
[15:25] {dino} eye of the beholder. imo they are the ones maximizing their lives
[15:25] {kowboy} Well here's hoping it rains today then
[15:25] {Threei}  lol
[15:26] {Threei}  and as far as nevada's concerned, I gope for hail
[15:26] {Threei}  hope
[15:27] {Threei} Long Setup:  ASIA  .60 break
[15:27] {Threei}  if stays above .50
[15:28] {Threei}  Euro vs US Dollar FX Concepts Chairman John Taylor: Reiterates EUR could reach parity with USD sometime in 2011; Points to uncertainty surrounding Greek elections on Nov 7th
[15:28] {Threei}  - Expects USD/JPY to fall further to 65-70
[15:28] {Threei}  - Says policy "beginning to lose control of the currency".
[15:28] {Threei}  anotger prophet
[15:29] {Threei}  no go ASIA
[15:37] {Threei}  quite a selloff
[15:38] {nemo} jeez...teva
[15:40] {Threei}  .90 break, going to try
[15:40] {dino} out htht +.38
[15:40] {dino}  back in ten
[15:40] {larisa} which stock?
[15:40] {Threei}  stop under .80
[15:41] {Threei}  ASIA
[15:41] {larisa} k
[15:41] {Threei}  not a scalp for me
[15:41] {Threei}  1:1
[15:41] {Threei}  1;2
[15:41] {Threei}  half out
[15:42] {Threei}  1:3
[15:42] {Threei}  1/4 more out
[15:42] {Threei}  finishing day not with a whisper but a bang
[15:42] {magoo} nice out .24
[15:43] {Threei}  oh how I'd have slapped magoo with roll of cash if I hadn't had him on ignore
[15:44] {khaln} .
[15:57] {Threei}  nice day...
[15:57] {Threei}  ok, ignore or not, can'y deny this pleasure to myself
06[15:57] * Threei slaps magoo around a bit with a large roll of cash
[15:58] {Threei}  POT Canada officials reportedly planning to announce decision on BHP bid on Wednesday, not Thursday as previously speculated - unconfirmed report (145.31, -1.32, -0.90%) (related BHP )
[15:58] {Threei}  prvince promised to sue feds if they allow merger to go through
[15:59] {Threei}  thank you all
[15:59] {Threei}  have a good evening
[15:59] {larisa} bye all
[15:59] {Threei}  see you tomorrow