Positive day with a few nice trades but the readable activity is limited to the morning. Typical for the short week.
[08:43] {Threei} Las Vegas McCarran Airport Sept passenger traffic +2.0% y/y, v -2.0% in Sept
[08:43] {Threei} - Oct traffic was approx 3.6M passengers. "The increase happened despite the 42 percent decline for US Airways, which late in 2009 began dismantling the hub operation it once operated here." - Las Vegas Review Journal
[08:46] {dino} gm all
[08:46] {Threei} dino :)
[08:47] {dino} vad, dcc
[08:54] {davd} mornin all
[08:58] {Threei} davd :)
[08:59] {Threei} dino, dcc
[09:00] {davd} dino dcc threei
[09:01] {davd} who did i just say hi to? dcc is dino?
[09:05] {ese} morning
[09:05] {Threei} ese :)
[09:06] {Threei} lol davd
[09:11] {davd} imo - headline risk for the financials re insider trading allegations.
[09:14] {Threei} (PO) Portugal's PM Socrates: No reason that the country cannot have the confidence of the rest of the EU (related EUR/USD EUR/GBP EUR/USD SOVRX BUNDS )
[09:16] {larisa} gm :)
[09:16] {Threei} larisa :)
[09:17] {larisa} vad :)
[09:17] {ese} laris
[09:17] {RonS} gm :)
[09:17] {larisa} ese, ron :)
[09:17] {Threei} ron :)
[09:18] {davd} larisa :D
[09:19] {larisa} davd :)
[09:19] {davd} nemo heretoay?
[09:19] {nemo} nope
[09:21] {davd} in his absense - Pivot Low of $119.770 on SPY - calculated using the DeMark method
[09:21] {davd} imo - bearish when price breaks down below the pivot low
[09:28] {jfjf64} MOrnin all
[09:28] {Threei} jf :)
[09:33] {Threei} Short Setup: LVS .80 break
[09:33] {ese} L rimm.35
[09:33] {Threei} stop above .95
[09:34] {nemo} you see that bid flash on lvs
[09:34] {Threei} yup
[09:34] {ese} out rimm .65
[09:35] {ese} +.20
[09:35] {Threei} wtg
[09:35] {ese} tks.....
[09:35] {Threei} no go LVS
[09:35] {Threei} a few cents shy
[09:36] {dino} gj
[09:36] {Threei} watching X for pullback entry
[09:36] {Threei} around .45-.50
[09:38] {Threei} no chance
[09:39] {dino} adsk sm l .50
[09:39] {jfjf64} rimm
[09:39] {dino} stop lod
[09:39] {jfjf64} big up
[09:41] {Threei} X is getting there
[09:41] {Threei} one more leg down and I am interested
[09:41] {Threei} nope...
[09:41] {dino} mtb sm l .90
[09:45] {Threei} nearest support for X is .40
[09:46] {Threei} not gteiing my entries
[09:46] {Threei} getting
[09:47] {dino} itri sm l .60 ave, stop .29 gappy
[09:47] {davd} in mtb .93 small
[09:48] {dino} adsk to flat
[09:48] {RonS} wow nflx
[09:49] {nemo} they raised prices
[09:50] {RonS} canuckian test of streaming sub deemed successful...us rollout...
[09:50] {Threei} Short Setup: X 48 break
[09:50] {Threei} if stays below .10
[09:52] {Threei} invalidated
[09:52] {dino} adsk to .70
[09:53] {dino} to .85
[09:54] {jfjf64} aet
[09:54] {jfjf64} watchin dino
[09:54] {Threei} Long Setup: RIMM .40 break
[09:54] {Threei} if holding .30
[09:54] {jfjf64} .95 break
[09:54] {nemo} inn
[09:54] {Threei} not a scalp
[09:55] {Threei} 1:1
[09:55] {Threei} half out
[09:55] {Threei} 1:2
[09:55] {Threei} 1/4 out
[09:55] {dino} to .97 adsk
[09:55] {dino} itri to .09
[09:55] {nemo} out .59
[09:55] {Threei} stop to .45 for the last piece
[09:55] {dino} out adsk .97, +.47
[09:56] {nemo} ty...lousy fill though
[09:56] {Threei} 1:3
[09:56] {dino} itri to .22
[09:56] {jfjf64} half out aet
[09:56] {Threei} LVS stop is rectified, and then some
[09:57] {jfjf64} stop 31
[09:57] {dino} to .28
[09:58] {jfjf64} allout
[09:58] {jfjf64} aet
[09:59] {dino} out itri .28, +.68
[09:59] {jfjf64} wtg
[09:59] {dino} tybrb
[10:00] {jfjf64} amzn
[10:00] {jfjf64} .79 break
[10:00] {Threei} Long Setup: X from under 48
[10:00] {Threei} 10 cents ranges
[10:01] {Threei} touched 1:1, trail to .95 even if didn't exit
[10:01] {Threei} to be safe
[10:02] {Threei} out
[10:02] {davd} stop on mtb dino?
[10:03] {jfjf64} bounce x
[10:03] {jfjf64} ??
[10:03] {Threei} .90 break
[10:03] {Threei} 10 cents ranges
[10:03] {jfjf64} .93
[10:03] {jfjf64} in
[10:04] {Threei} umm
[10:04] {Threei} a bit high
[10:04] {Threei} it's just scalps, every cent counts
[10:04] {jfjf64} stop.79
[10:04] {Threei} anyway, keep stop under .80
[10:05] {Threei} right
[10:05] {dino} 'mtb stopped -.35
[10:05] {jfjf64} dog fleas
[10:05] {jfjf64} hate x
[10:06] {jfjf64} watch rince
[10:08] {jfjf64} 30 firms recieve request for info
[10:08] {jfjf64} sec fbi
[10:08] {jfjf64} insider trader
[10:08] {jfjf64} does that still go on
[10:09] {RonS} forever...
[10:09] {Threei} did it ever stop?
[10:11] {Threei} Long Setup: RIMM .75 break
[10:11] {Threei} if holding .65
[10:12] {Threei} still valid IMO, but let's make it .60 - .70
[10:12] {Threei} and watch infdex
[10:15] {Threei} invalidated, let it drop more
[10:16] {jfjf64} aapl
[10:16] {jfjf64} 3
[10:16] {jfjf64} i
[10:16] {dino} v sm l .00
[10:16] {jfjf64} 310 break short
[10:16] {Threei} GS
[10:16] {dino} stop .73
[10:16] {Threei} biunce should be close
[10:16] {jfjf64} ??
[10:18] {Threei} SVNT Ticks higher on renewed takeover chatter (12.57, +0.37, 3.03%)
[10:21] {jfjf64} die aapl
[10:22] {dino} aaww sm l .20 gappy, wide
[10:23] {Threei} Long Setup: GS .30 break smaller shares
[10:23] {Threei} if stays above .15
[10:23] {Threei} 1:1
[10:26] {Threei} Short Setup: RIMM .50 half lot
[10:26] {Threei} if stays under .60
[10:27] {Les} morning all
[10:27] {Threei} hey Les
[10:27] {Threei} if works, should be good for about 1:2
[10:27] {Les} what u in?
[10:27] {Threei} [10:26] {Threei} Short Setup: RIMM .50 half lot
[10:28] {Les} missed my primary target LNG this morn. shorted APRI for +:22 just now
[10:29] {Threei} market helps, die RIMM
[10:29] {Threei} 1:2
[10:30] {Les} sweet
[10:30] {Threei} me out .31
[10:30] {Threei} 'twas, wasn't it
[10:30] {Threei} effortless trade, rare for RIMM
[10:30] {Threei} easy entry, no troubles after
[10:32] {dino} pretty good drop, news?
[10:32] {Threei} not that I see
[10:33] {Threei} Israel central bank rate decision... which I can't see as moving US market
[10:33] {Les} It's a conspiracy I tell ya!
[10:33] {Threei} it always is :)
[10:34] {Threei} RIMM 1:4... without me
[10:34] {Les} $ spike
[10:35] {Les} and precious metal cliff drop
[10:35] {jfjf64} tna bounce
[10:35] {jfjf64} ??
[10:35] {Threei} toughie jf
[10:36] {dino} aaww stop -.33
[10:36] {Threei} a lot of fear in the market
[10:36] {jfjf64} yes
[10:36] {Threei} my feeling is, nearest attempt to bounce will be smacked down hard
[10:37] {jfjf64} listenin to barney frank bloomberg
[10:37] {jfjf64} a nut
[10:37] {Threei} what's he saying?
[10:37] {Threei} FNM will do what I tell it?
[10:37] {jfjf64} lots of uncertanly
[10:37] {Threei} EUR/USD Euro retest Friday's low of 1.3609 over concerns of the Irish political situation
[10:38] {jfjf64} investors sd be scared
[10:38] {Threei} I wish he weren't as certain as he was back then
[10:38] {jfjf64} ireland ect
[10:38] {Threei} Ireland bailout somehow got sold as positive news this morning
[10:38] {Threei} whihc is total bs
[10:39] {Threei} enthusiastic dummies went long on that
[10:39] {Threei} now reality sets in
[10:39] {jfjf64} yup
[10:40] {jfjf64} we must pick off on ther mistakes
[10:40] {jfjf64} if that makes sence
[10:40] {dino} amed spike
[10:41] {jfjf64} cof
[10:41] {jfjf64} .25
[10:41] {jfjf64} watchi
[10:41] {jfjf64} 4 long
[10:41] {davd} not that simple threei. media is stupid. sees futures up - looks at biggest story - sais futures up becasue of ireland.
[10:42] {Les} It's all a conspiracy davd!
[10:42] {nemo} cat
[10:42] {davd} that's what i said last week!
[10:42] {Les} I'm long SLW from friday
[10:43] {Les} + 1.30
[10:43] {jfjf64} wtg lessy
[10:43] {Les} watching if I need to exit here
[10:43] {jfjf64} cof invalid here
[10:45] {Threei} media role is not that simple davd
[10:45] {Threei} you can't always view it as follower of the move,
[10:45] {Threei} sometimes it's a seller of the opinion
[10:45] {jfjf64} ??
[10:45] {davd} hmmm then it is a conspiracy
[10:46] {Threei} whole over the weekend overture was: Ireland bailout is great news
[10:46] {Threei} stability confidence etc
[10:46] {Les} yeh need to ask who is selling opinion and why
[10:49] {Threei} Long Setup: GLD 132 break
[10:49] {Threei} if stays above .90
[10:51] {jfjf64} in.02
[10:53] {dino} aaww big rinse
[10:53] {davd} in gld .00
[10:53] {Threei} dino, you'll have to agree - that symbol is just asking for disappointing remarks
[10:54] {Threei} 1:1
[10:54] {Threei} touched briefly
[10:54] {Threei} again
[10:54] {Threei} half out
[10:54] {Threei} scalpers be hasppy
[10:54] {Threei} or happy
[10:55] {dino} yeah
[10:58] {dino} itri sm l ave .56
[10:59] {RonS} aaww was founded by a Pakistani immigrant. Guy bribed his way through Asia to garner contracts, relationships. Crashed his personal Czech fighter and died about 15 years ago...
[10:59] {Threei} are you reading Interesting facts column Ron?? :)
[11:00] {Threei} or "Did You Know"
[11:00] {RonS} denver based co
[11:01] {RonS} used to be a great trader...stock would go down w/ oil...but their contracts were fuel exclusive
[11:01] {RonS} i mean when oil went up, stock would go down
[11:01] {Les} out SLW +1.18 testing 35 again
[11:02] {Threei} nice
[11:02] {dino} gj
[11:02] {Les} market hanging on by fingernails
[11:02] {Les} IMO
[11:02] {Les} or screwing with us
[11:02] {Threei} pretty much, yeah
[11:02] {nemo} range day
[11:03] {dino} v stopped -.28
[11:03] {Threei} market has restored relation with USD
[11:05] {RonS} oil getting creamed
[11:06] {Threei} dollar-related too, i belive
[11:06] {RonS} yep
[11:06] {Threei} it's all becoming once again about Europe
[11:06] {nemo} gmcr
[11:08] {RonS} SAN FRANCISCO (MarketWatch) -- Green Mountain Coffee Roasters (GMCR:$34.91,00$4.65,0015.37%) shares surged more than 11% to $33.75 early Monday on news the coffee's company accounting issues are not as bad as some feared.
[11:12] {Threei} STEC Strength attributed to boutique analyst firm saying HPQ planning a new platform using STEC's solid state drives (15.86, +0.50, 3.26%)
[11:17] {dino} aaww sm l .95 ave
[11:21] {nemo} http://www.realclearpolitics.com/video/2010/11/19/gloria_allred_on_tsa_pat-down_i_liked_it.html
[11:21] {dino} itri to .98
[11:23] {dino} crmt sm l .00
[11:25] {dino} stop is .69
[11:26] {davd} in crmt .00
[11:27] {Les} outta here c u's tomorrow
[11:27] {dino} cya les
[11:27] {nemo} Hope you and your family have a nice evening Les....
[11:27] {Threei} take care Les
[11:31] {dino} out itri .98, +.43
[11:33] {Threei} (EU) ECB's Trichet: Europe is facing a decisive year in 2011
[11:33] {Threei} - Reiterates that non-standard measures are temporary; reiterates that a strong USD is a positive.
[11:33] {Threei} decisive year eh
[11:33] {Threei} sounds ominous
[11:34] {nemo} dndn could be short under .00
[11:34] {nemo} two way possibly
[11:44] {nemo} bids .00 dndn
[12:03] {Threei} mibbit hiccup?
[12:09] {Threei} SQNM UPDATE: Stephens Raised SQNM to Equal Weight from Underweight
[12:09] {Threei} from daily chart, .50 break could be of interest
[12:22] {nemo} rvbd may hold here watch for long
[12:27] {Threei} (US) Reportedly FBI investigators raid two hedge funds, Diamondback Cap Management and Level Global Investors, in connection with insider trading information investigation - unconfirmed reports
[12:27] {Threei} ***Reminder: On 11/20 there were press reports that Federal authorities could announce criminal indictments in three year probe of insider trading by the end of the year
[12:27] {Threei} (IR) Reportedly Ireland PM Cowen is meeting with cabinet to discuss political uncertanties that have developed following announcement of the bailout
[12:30] {Threei} today starts feeling like serious selloff
[12:31] {Threei} let's see if we get some bounces to short into
[12:34] {dino} watching v, itri
[12:41] {Threei} (CA) Canada Fin Min Flaherty: Affirms new budget proposals will include new taxes; recovery from recession in Canada has been faster than in some other nations (related USD/CAD EWC )
[12:41] {Threei} great
[12:41] {Threei} new taxes is just what we need
[12:45] {Threei} (IR) German Fin Min Schaeuble: Projects that eurozone's portion of the Ireland bailout to be around 50B (related EUR/USD BUNDS EWG )
[13:00] {dino} partial fill itri .71 l
[13:01] {dino} ok sm l
[13:34] {dino} mee
[13:41] {RonS} Massey Energy Said To Begin Sale-Exploration Process Bloomberg 11/22 11:40 AM
[13:43] {dino} out aaww .90, +.95
[13:43] {RonS} gj
[13:43] {dino} ty, took awhile
[13:45] {Threei} I don't know where you find patience for such holds, lol
[13:45] {dino} just part of my edge
[13:46] {dino} hard stop and move on
[14:02] {Threei} (US) Fed's Kocherlakota: Economic growth is slowing, inflation trend is lower which is of concern
[14:02] {Threei} - Taxes and expenditures uncertainty at the Govt level negatively impacting the economy.
[14:02] {Threei} - Expects QE2 to have a "modest" impact; supports the program for the time being.
[14:02] {Threei} slowing?
[14:02] {Threei} slowing??
[14:05] {Threei} (US) ECB's Stark: Irish aid will be strictly conditional; if Ireland does not follow the rules, it will not get the funds
[14:05] {Threei} - Believes economic growth will stabilize in 2011; starting to see signs of a sustainable recovery.
[14:05] {Threei} - Not seeing deflation or inflation risks in the medium term; Most indications are towards stable prices.
[14:05] {Threei} - Can not rely on US to be engine of economic growth in the future.
[14:07] {dino} .
[14:30] {dino} crmt to .19
[14:30] {dino} out slipped +.17
[14:41] {Threei} Long Setup: GS .55 half lot
[14:41] {Threei} stop under .45 for scalpers, .40 day traders
[14:42] {jfjf64} lets getem
[14:43] {Threei} no go
[14:45] {Threei} rinse
[14:45] {Threei} grr
[14:45] {jfjf64} dirty rats
[14:45] {Threei} look it at go
[14:46] {Threei} right into trarget
[14:46] {jfjf64} hmm
[14:46] {jfjf64} got look of higher
[14:48] {jfjf64} blast offf
[14:48] {jfjf64} bammm
[14:48] {jfjf64} dirty rat
[14:48] {nemo} looks like the market wants to close flat today
[14:49] {jfjf64} lookin abx
[14:49] {jfjf64} .30 short
[14:49] {jfjf64} break
[14:50] {jfjf64} in
[14:53] {jfjf64} now it dies
[15:03] {jfjf64} 1/1
[15:03] {jfjf64} half out
[15:06] {dino} afternoons are dead lately
[15:09] {jfjf64} very rare action in afternoons
[15:09] {jfjf64} imo
[15:09] {jfjf64} seems lk i try to make somethin happen
[15:10] {jfjf64} and you no outcome right
[15:10] {Threei} true
[15:10] {Threei} you can see how I cut down activity after the morning spike
[15:11] {jfjf64} yup
[15:13] {dino} 3 pm and on has been hurting my results last month or so
[15:14] {dino} which is odd as i was always an afternoon trader
[15:14] {jfjf64} really
[15:15] {dino} yeah i used to dig a hole in the morning and trade out of it in afternoon
[15:16] {dino} now seems 10:30-2:30 is my time
[15:16] {jfjf64} seems lk 9.30 / 11.30 for me
[15:16] {jfjf64} or 11.00
[15:17] {jfjf64} conclusion 3i ???
[15:17] {Threei} about what?
[15:18] {jfjf64} lol
[15:18] {Threei} don't present too much demand on my brain within 6 months after finishing major writing
[15:18] {jfjf64} sorry
[15:18] {jfjf64} forgot
[15:18] {Threei} brain goes on vacation
[15:18] {Threei} which means it vacates the premises
[15:19] {Threei} premises's empty
[15:19] {jfjf64} how is that going lot of positive respoce
[15:19] {jfjf64} writing
[15:20] {Threei} so far no one said "what a load of crap"
[15:20] {jfjf64} na
[15:20] {jfjf64} good stuff
[15:20] {jfjf64} i have to be honest i been reading poemm
[15:21] {jfjf64} and going write to your interptation
[15:21] {jfjf64} been gettin more out of
[15:21] {jfjf64} that tao stuff i get lost
[15:22] {Threei} don't skip explanation inbetween
[15:23] {jfjf64} i know
[15:23] {Threei} the idea is, "Tao stuff" gives it all a structure and ties it all together,
[15:23] {Threei} so you don't just get bits and pieces of information,
[15:23] {jfjf64} agree
[15:23] {Threei} you get the whole system outlook
[15:24] {Threei} it's not simply advice here and advice there, it's a way of thinking
[15:24] {jfjf64} how long hv you been reading tao
[15:24] {Threei} when you get it, you become capable of creating your own reactions on certain events,
[15:25] {Threei} not just use mine
[15:25] {Threei} because there is no way I can describe each and every turn of events, right?
[15:25] {Threei} handle fish vs teach to fish
[15:25] {jfjf64} exacktly
[15:27] {jfjf64} amzn
[15:27] {jfjf64} breakdn
[15:33] {Threei} watched GS .50 short and hesitated
[15:42] {nemo} amazing, we're basically going to close flat
[15:43] {dino} yeah, pretty big swing
[15:54] {Threei} market has no idea what to do, lol
[15:54] {Threei} these intraday swings indicate indecisiveness
[15:54] {Threei} and ADD
[15:57] {dino} itri to .91
[15:59] {dino} out .95, +.24
[15:59] {jfjf64} wow aapl
[15:59] {Threei} yeah
[15:59] {Threei} ok guys, thank you all
[15:59] {Threei} have a good evening, see you tomorrow
[16:00] {larisa} bye!
[16:01] {dino} thx all
[16:01] {jfjf64} cya
