Session Time: Fri Dec 03 00:00:01 2010
[08:25] {davd} gm all, jobs in 5
[08:25] {davd} getting cold here in nyc
[08:30] {Threei} mornng
[08:30] {nemo} wtf just happened
[08:30] {Threei} well, just remember that poem
[08:30] {nemo} It's Cold?
[08:31] {Threei} *(US) NOV UNEMPLOYMENT RATE: 9.8% V 9.6%E
[08:31] {nemo} ahhh
[08:31] {Threei} *(US) NOV AVERAGE HOURLY EARNING M/M: 0.0% V 0.2%E; AVERAGE WEEKLY HOURS: 34.3 V 34.3E
[08:31] {Threei} - Prior Average Hourly Earning MoM revised higher from 0.2% to 0.3%
[08:32] {Threei} *(US) NOV CHANGE IN NONFARM PAYROLLS: 39K V 150KE; CHANGE IN PRIVATE PAYROLLS: 50K V 158KE
[08:32] {Threei} - Change in Manufacturing. Payrolls: -13K v 5Ke
[08:32] {nemo} buy the f_____g dips!
[08:32] {Threei} - Prior Change in Nonfarm Payrolls revised higher from 151K to 172K
[08:32] {Threei} - Prior Change in Private Payrolls revised higher from 159K to 160K
[08:32] {Threei} - Prior Change in Manufacturing. Payrolls revised lower from -7K to -11K
[08:33] {nemo} spy stopped right at pivot support
[08:34] {davd} ""huge dissappoint", "nothing good" - might keep the market down for 5 minutes. imo market will close higher.
[08:35] {RonS} ISM is more important, imo
[08:35] {RonS} stunning reversal in Treasuries though
[08:36] {nemo} yeah, and all the manufacturing numbers have been huge...I think if that's in line...BOOM, even a bit negative
[08:36] {RonS} what is the split of private payrolls v gov job losses?
[08:38] {RonS} 10 yr yield went from 3.062 to 2.926 in an instant
[08:38] {nemo} bad news is good, good news is better
[08:38] {nemo} remember, there was an expectation that unemployment rate would likely go up as unemployed look to get back into the work force
[08:41] {RonS} ...but factory jobs -13k, retail -28k
[08:42] {nemo} what's your point?
[08:42] {nemo} bad news is good, good news is better
[08:43] {RonS} eur moonshot v $, cliffdive v yen
[08:43] {nemo} that's what's been working
[08:43] {nemo} should expect euro up after it's been beaten up, and what has been the relationship to the $ for the market?
[08:44] {nemo} $ down market up, except for the last two weeks of the euro crisis
[08:44] {RonS} the point is that yes, the unemployment % can increase w/ labor force participation up, but job losses or not are absolute
[08:44] {RonS} other than the fact that they get constantly revised
[08:44] {nemo} yep
[08:45] {nemo} 121.76 and 121.24 are important on the spy, they get through those, we got issues
[08:54] {davd} haven't seen one positive interpretation of this report. very unusual to be 100% negative
[08:54] {davd} thanks for numbers nemo
[08:54] {nemo} spy sitting on pivot support
[08:54] {nemo} sure davd
[08:55] {nemo} davd...if you want to get the market down to get in at better prices, what do you do?
[08:56] {nemo} notice on the report, unemployment rate up, but so aren't the absolute number of employed
[08:58] {nemo} Now, Ron...one could argue we're due for some downward movement, imo watch those two levels on the spy, if we end up below them...as I said issues
[08:58] {nemo} If we end up between them, still bullish
[08:58] {nemo} above them, definitely bullish
[08:59] {ese} mornin
[08:59] {davd} i buy, that always brings the market down.
[08:59] {Threei} ese :)
[09:00] {davd} Demark Bearish support for spy is 121.85, if goes below bearish (same level as spy pivot support)
[09:02] {RonS} the employment situation is a lagging indicator...the ISM is the key to the day
[09:03] {ese} this theory is the only one that works......."the market goes up except when it doesn't and......it's goes down except when it doesn't"
[09:04] {Threei} you can feel the taoist philosophy permeating ese
[09:04] {RonS} you're sounding like your girlfriend...
[09:04] {RonS} :D
[09:05] {stewy} morning all
[09:05] {Threei} stewy :)
[09:06] {RonS} is it appropriate to ask...what's cooking?
[09:06] {stewy} takes me an hour to cook minute rice
[09:06] {RonS} lol
[09:07] {Threei} CISG Exec: OLP Global report that questioned CISG's accounting was untrue and merely an attempt to smear the company - conf call
[09:07] {Threei} - Says previously explained the accounting methodology behind its incentive plan for its sales agent
[09:08] {harth} good morning all!
[09:08] {Les} buy now and sell to another fool lower
[09:08] {Threei} harth :)
[09:08] {Les} oops
[09:09] {RonS} OLP was short...this scam has been run before and will be again. Problem is that you know someone in China has to be cooking the books...just like anywhere else.
[09:10] {ese} ahhhhhhhh.....theres nothing finer than your first coffee in the morning
[09:10] {RonS} uhhh, your first beer of the afternoon?...
[09:10] {nemo} Vodka at wakeup
[09:10] {ese} coffee man!!! coffee
[09:11] {Threei} intravenous too
[09:11] {ese} indeed
[09:11] {dino} watch the gaps, dji 11006, ndx 2162 and 2117, s/p 1180. brb have to re-bbot
[09:14] {larisa} gm :)
[09:14] {ese} drys....
[09:14] {Threei} larisa
[09:14] {ese} laris
[09:14] {larisa} vad, ese :)
[09:18] {davd} hi vad ese larisa les
[09:19] {larisa} davd :)
[09:19] {Threei} davd :)
[09:19] {Les} huh someone asking for me?
[09:19] {ese} hey nemo.......I need an estimate......how long does it take to drive from Boston to Toronto...any idea
[09:19] {Threei} wow, talk about distorted logic:
[09:19] {Threei} Euro vs US Dollar USD maintain soft tone in the aftermath of payroll data
[09:19] {Threei} - Dealers noted that the weaker US Non-Farm payroll data and higher unemployment rate vindicated the Fed';s launch of QE2 and provided catalyst for the greenback to end the week on a weaker note. Spot gold moved back above the $1,400/oz level
[09:19] {nemo} mapquest it dude
[09:19] {Les} morn davd
[09:20] {nemo} I've flown to Toronto, that's it
[09:20] {RonS} wow, there were huge algo buyers on the es futures on the report...4.2 mil contracts...1219 level
[09:21] {ese} tks.......my band tour is probably going to be to Toronto end of April......just thinking of day trip places to go out there
[09:21] {nemo} that's at least a day's ride
[09:21] {ese} will probably get back to Detroit and the Motown Museum for sure
[09:22] {nemo} 9 hours 43 minutes
[09:22] {Threei} most normal people just go up the CN Tower and drive to Niagra falls, ese
[09:22] {ese} hmmmm.....that would be stretchin it...tks
[09:22] {nemo} Detroit? oy vay
[09:23] {dino} gm all
[09:23] {ese} thats about 3 1/2...doable
[09:23] {ese} dino
[09:23] {Threei} dino :)
[09:24] {ese} ya would like to see Martha Reeves......we did a documentary with her 4 years ago that still shows on Bravo TV up here
[09:27] {dino} es, you still in pwer? upgraded piper jaffrey to 14
[09:27] {ese} yup
[09:27] {ese} 4k worth
[09:29] {ese} 10.36 avg .....lookin to get 3 bucks out of it
[09:30] {Threei} Short Setup: LVS .40 break
[09:31] {Threei} .50 and .55 for scalpers and day traders
[09:31] {Threei} invalidated
[09:31] {jfjf64} mornin
[09:31] {Threei} jf :)
[09:33] {jfjf64} hpq
[09:33] {jfjf64} wow
[09:33] {nemo} spy to .59
[09:37] {dino} gil sm l .04
[09:39] {dino} jas sm l .25
[09:39] {Threei} Short Setup: RIMM .35 break if stays under .50
[09:39] {Threei} half lot
[09:40] {Threei} wow, that was fast
[09:40] {jfjf64} think
[09:40] {jfjf64} lol
[09:40] {Les} lvs
[09:40] {Threei} LVS woill be a short soon
[09:41] {Threei} Short Setup: LVS .50 break
[09:41] {Threei} half lot
[09:41] {Threei} if stays under .65
[09:41] {dino} kr sm l .35
[09:42] {Threei} let's trail to above .60
[09:43] {Threei} kept under it on the last bounce
[09:44] {Threei} let's trail to above .60higher chance of rinse but lower monetary risk
[09:44] {Threei} out
[09:45] {nemo} see ron, bfd on that report
[09:46] {ese} spy erratic......hard to get in anywhere
[09:46] {nemo} spy forming trend line
[09:47] {Threei} Long Setup: X .90 break
[09:47] {Threei} if stays above .80
[09:51] {nemo} like the cartoon said...buy the f'n dips
[09:55] {dino} out jass .95, +.70
[09:56] {nemo} overnight dino?
[09:56] {dino} no posted above
[09:56] {nemo} ahhh missed it
[09:56] {dino} indeed sir
[09:56] {nemo} you mean jaso?
[09:56] {ese} well done dino
[09:57] {dino} ty
[09:57] {nemo} I don't get anything with "jass"
[09:57] {dino} any # at 10:00?
[09:57] {nemo} sir? oy vay
[09:58] {RonS} ism
[09:58] {dino} lol
[09:58] {dino} ty ron
[09:58] {dino} watching snps
[09:58] {dino} jas for pullback
[09:59] {Threei} Long Setup: RIMM .85 break
[10:00] {nemo} report
[10:00] {Threei} if stays above .75
[10:00] {Threei} *(US) NOV ISM NON-MANUFACTURING: 55 V 54.8E
[10:01] {dino} snps sm l .06
[10:01] {Threei} (US) OCT FACTORY ORDERS: -0.9% V -1.2%E
[10:01] {nemo} well, that should blow the doors off
[10:01] {ese} L lvs .81......
[10:01] {Threei} which way, lol
[10:01] {nemo} north
[10:01] {nemo} there we go, spy almost to target
[10:02] {Threei} 1:1
[10:02] {Threei} half out
[10:02] {nemo} yep
[10:02] {ese} L lvs avg .88
[10:02] {jfjf64} very nice nemo
[10:02] {ese} crappy fill
[10:02] {nemo} ty
[10:03] {jfjf64} drys
[10:03] {Threei} 1/4 more out .06
[10:03] {ese} out lvs .98 +.10
[10:03] {Threei} mised 1:3 for final exit
[10:03] {Threei} stop to .94
[10:03] {Threei} canceling sell
[10:03] {Threei} want more
[10:03] {nemo} should te4st highs
[10:03] {Threei} greed is good, says gekko
[10:04] {nemo} or, at least .30
[10:04] {Threei} want something closer to .30
[10:04] {Threei} right
[10:04] {nemo} not as dumb as I look
[10:04] {jfjf64} agreed
[10:04] {nemo} Sometimes I feel like Agarn
[10:04] {jfjf64} nemo
[10:05] {Threei} I suspect that look of yours is nothing but a masqyearde
[10:05] {Threei} only spelled right
[10:05] {dino} all green scanners
[10:08] {Threei} out last piece RIMM on trailing stop
[10:09] {nemo} maybe I am as dumb as I look
[10:09] {davd} good call again on .59 nemo
[10:09] {Threei} as muxh as I want to nod in agreement, that would requitre me to admit that I was rthe same on this trade
[10:09] {jfjf64} gntx
[10:09] {jfjf64} wow
[10:10] {Threei} no news btw
[10:10] {Threei} lol
[10:11] {nemo} .31 spy vwap, support at .25
[10:12] {dino} all red
[10:16] {dino} gntx spike
[10:16] {Threei} GNTX Hearing strength being attributed to a statement from US transport secretary proposing "back up cameras" on new vehicles
[10:16] {dino} lhcg sm l .01
[10:17] {Threei} I am amazed they are still not a necessary safety element
[10:17] {Threei} cheap, easy to install, save lives, not even speaking of making life so much easir
[10:18] {nemo} how many people get killed because of lack of back up cameras?
[10:18] {dino} 2
[10:18] {Threei} every year I read a few cases in Canada
[10:18] {Threei} mostly kids on driveway
[10:18] {nemo} if it saves just one life it's worth it
[10:18] {nemo} gag
[10:18] {nemo} hate kids
[10:18] {RonS} lol
[10:18] {Threei} parent jumps in the car
[10:19] {nemo} maybe they do it on purpose
[10:19] {Threei} maybe I am spoiled by Nissan keeping backup camera a standard in Murano for years
[10:19] {Les} 1 kid a week in OZ
[10:19] {RonS} quote from my dad: "culling of the herd"
[10:19] {nemo} yeah, parent after they get over the dream of raising a beautiful child realizes their expensive assholes
[10:20] {dino} rumor, those cameras only in florida (seinfeld)
[10:20] {RonS} and Phoenix
[10:20] {nemo} good one
[10:22] {RonS} one day visited stores for client Phoenix metro area...at least 12 older people w/ blinker on
[10:22] {dino} lol
[10:24] {nemo} o.k. coming up on 10:30
[10:24] {jfjf64} yeah...
[10:25] {dino} meaning?
[10:25] {nemo} often times momentum changes after the first hour
[10:25] {jfjf64} oh boy
[10:26] {jfjf64} lol
[10:26] {nemo} which way is the question
[10:26] {jfjf64} we are waiting
[10:26] {dino} things that make me go hmmmm
[10:26] {jfjf64} earlier you wer on money
[10:26] {nemo} yeah, but that only happens twice a day nemo=broken clock
[10:26] {jfjf64} blondes 4 jf
[10:27] {dino} females for dino
[10:27] {jfjf64} amzn
[10:27] {jfjf64} bounce
[10:27] {jfjf64} .23
[10:27] {dino} ice wants that gap
[10:30] {jfjf64} look aig chart
[10:30] {jfjf64} looks short here
[10:30] {jfjf64} no
[10:31] {nemo} spy breaking range?
[10:31] {jfjf64} ??
[10:31] {jfjf64} you the spy guy
[10:31] {nemo} ocean lifts boats
[10:32] {nemo} edumicational question vad: Why did you call RIMM right before the ISM number
[10:32] {Les} gs
[10:32] {nemo} ?
[10:33] {Threei} I forgot about them
[10:33] {Threei} easy, eh?
[10:33] {nemo} hehehehehehe
[10:33] {Threei} lol
[10:33] {nemo} oh jeez
[10:33] {nemo} ready, fire, aim
[10:38] {nemo} somebody putting a floorr at .77 in cisg again
[10:38] {nemo} now .86
[10:38] {ese} L lvs.70
[10:39] {nemo} Hey JF, look what time spy bottomed and the proceeded to break first range...gotta' buy a lottery ticket today
[10:41] {jfjf64} well done nemo
[10:42] {ese} buy a bunch iw ould say
[10:42] {dino} ltd sm l .80
[10:43] {ese} the market goes up...except when nemo says it doesn't.....the market goes down...except when nemo says it doesn't
[10:44] {nemo} I wish I could my girlfriend to obey like that
[10:44] {nemo} I just get the "You want what!?" "HAHAHAHHQAHAHAH!!!"
[10:45] {ese} lvs....i bought the f'n dip........what going on......i thought this was suppose to work according to the comic yesterday
[10:45] {dino} lol
[10:45] {Les} :)
[10:46] {ese} oh oh.....here we go.....thank you
[10:46] {nemo} market's going to lull us to sleep and then, bam!!!
[10:46] {nemo} Vad's already asleep
[10:46] {RonS} ugg...deck
[10:46] {Threei} already?
[10:46] {Threei} you say it as if I ever wake up
[10:46] {nemo} never woke up?
[10:47] {davd} we need an emoticon for sleeping
[10:47] {nemo} MOS!!!
[10:47] {nemo} 68 break
[10:48] {ese} vad it doesn't work......my chin sinks down to my chest when i doze off....then i get a sore stretched neck.....how do you do it
[10:49] {Threei} easy
[10:49] {Threei} hint: recliner
[10:49] {ese} ahhhhhhhh
[10:49] {nemo} 1/2 out mos .10
[10:50] {davd} in mos .05
[10:50] {nemo} stop to .98
[10:50] {RonS} ...and that's a hard thing to do...
[10:51] {nemo} got a feeling it's a scalp
[10:51] {nemo} Oooga Chaka oooga chaka
[10:51] {RonS} kick a kingsalmon
[10:52] {ese} daaaaaaaaa.stopped lvs .55 -.15
[10:52] {nemo} now, if I take the other half here, it'll rocket, if I don't it'll stop me out
[10:53] {nemo} mos is acting like my girlfriend
[10:53] {Threei} US Deficit Commission fails to reach 14 of 18 vote threshold required to fully endose its plan
[10:53] {Threei} - It did get majority support from both parties on the Commission.
[10:54] {nemo} why am I not surprised...I don't think the political process can handle this problem
[10:54] {Threei} what can then?
[10:54] {Threei} full blown revolt?
[10:54] {nemo} collapse and revolt
[10:55] {RonS} bond vigilantes...George Soros...Putin...nemo...
[10:55] {Les} well fix the system before collapse and revolt. that they can't do
[10:57] {nemo} I'm more of a "Loki" type
[10:59] {nemo} 1/4 more .21
[11:00] {nemo} mmmhhhh.215
[11:00] {Threei} beaituful play
[11:01] {Threei} only spelled better
[11:01] {nemo} spy now broke second trend line
[11:01] {nemo} stop now .08
[11:07] {nemo} how do you like that, touched my stop, I didn't get it
[11:09] {davd} my mos stop is .08
[11:10] {nemo} getting our chain yanked
[11:10] {davd} crap got stopped at .08 on mos
[11:10] {nemo} out
[11:10] {nemo} frig
[11:10] {nemo} it'll probably hold 68
[11:11] {dino} swm?
[11:12] {nemo} too thin for me
[11:12] {Threei} with this spread, I don't feel even simply looking at quotes is safe, lol
[11:14] {dino} fortune favors the bold
[11:15] {dino} any news tho? i can't find anything
[11:15] {Threei} nope
[11:15] {Threei} not since beginning of Nov
[11:15] {dino} same
[11:16] {Threei} and, fortune favors only those of the bold who are lucky enough to escape darwin selection {G}
[11:16] {RonS} lemme guess...some boutique, no-name firm has come w/ a report suggesting accounting issues
[11:17] {dino} 3i, the proper reply is ; and darkness lies an inch ahead
[11:17] {Threei} that too :)
[11:20] {stewy} jf, u still watchin drys?
[11:22] {Threei} jf ever did?
[11:22] {Threei} I remember DRYS being ese's darling
[11:22] {jfjf64} today
[11:22] {jfjf64} 3i
[11:22] {Threei} oh
[11:22] {jfjf64} oh
[11:22] {jfjf64} lol
[11:23] {Threei} sorry, I have you on ignore today...
[11:23] {jfjf64} stew dont mind hm
[11:23] {Threei} nothing personal, it's a rolling ignore: each day new room member
[11:24] {Threei} makes things interesting
[11:24] {jfjf64} no im done drys stew
[11:24] {jfjf64} you watchi
[11:24] {RonS} drys no longer pure play
[11:24] {jfjf64} my break was .75
[11:25] {RonS} bought driller several yrs ago...so more like rig/drys
[11:25] {stewy} just trying to get a feel for intraday read
[11:25] {dino} swm
[11:26] {RonS} swmming downstream
[11:26] {jfjf64} capitulation dino
[11:26] {jfjf64} low shares
[11:26] {jfjf64} big spead
[11:27] {dino} gap 54
[11:28] {nemo} frickin' mos
[11:29] {jfjf64} teg
[11:29] {jfjf64} .85
[11:31] {jfjf64} invalid
[11:31] {dino} wow
[11:32] {RonS} ?
[11:32] {Threei} SWM Hearing weakness attributed to European officials evaluating the delay in implementation of lower ignition propensity (LIP) cigarette papers to 2012
[11:33] {Threei} fianlly
[11:33] {dino} sm l 56
[11:33] {RonS} wtf
[11:33] {dino} wide
[11:33] {jfjf64} teg
[11:34] {jfjf64} grrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
[11:35] {RonS} tgt swm dino?
[11:35] {dino} 58
[11:35] {RonS} thinkin 58.20...dicey deal
[11:36] {dino} most likely 60s
[11:36] {RonS} swm sm l 55.70
[11:39] {dino} nice ron
[11:39] {dino} theres 58 wants more
[11:40] {RonS} out swm 58.20 +2.50
[11:41] {RonS} thanks dino
[11:41] {dino} wtg
[11:41] {jfjf64} bidu .65 break
[11:42] {jfjf64} little mkt help pls
[11:42] {dino} out 59.20, +3.20
[11:42] {RonS} wtg...todya's cisg
[11:42] {Threei} fantasic job guys
[11:42] {jfjf64} wowwwwwwwwwwwwwwwwwwwwwww
[11:42] {jfjf64} nice
[11:42] {dino} luv those capitulations
[11:43] {jfjf64} ya buyin beers today
[11:43] {dino} lol
[11:43] {RonS} helped that there were 1.6 mil sh short...those guys couldn't look a gift horse in the mouth
[11:43] {jfjf64} no bidu
[11:44] {dino} that helps on a friday
[11:44] {dino} ron, you seem to like those capits/euphorias too
[11:44] {RonS} used to play them all the time...and get smoked
[11:45] {jfjf64} ditto
[11:45] {RonS} doing your smaller shares is the ticket
[11:45] {jfjf64} very hard imo
[11:45] {dino} it's my edge
[11:46] {RonS} to be fair, i got smoked trying to do breakout shorts.
[11:46] {RonS} no more
[11:47] {dino} i keep them small, but one or two a week w/dollar+ really helps
[11:47] {dino} lhcg stopped -.30
[11:49] {dino} wtf lhcg, stopped me and spike .40
[11:53] {stewy} everyone have a great wknd. c u all next wk sometime
[11:53] {RonS} cya stewy
[11:53] {Threei} take care stewy
[11:56] {dino} cya stew
[11:56] {dino} swm 60s
[11:58] {RonS} Jesse Livermore paraphrase: never look back...
[11:58] {dino} ice gap fill
[11:59] {RonS} ...ain't gonna catch to bottom, ain't gonna catch the top
[11:59] {RonS} or how 'bout Bernard Baruch:
[12:00] {RonS} "I always made money by buying too soon, and selling too early."
[12:00] {jfjf64} s deck .69
[12:00] {dino} jesse's best, imo, "when you get lucky, take it"
[12:00] {nemo} that's ballsy jf
[12:00] {RonS} thought that was nemo...w/women...
[12:01] {dino} roflol
[12:02] {jfjf64} rat
[12:03] {jfjf64} wow
[12:03] {nemo} yeah
[12:03] {nemo} shorting an incredibly strong stock...you get the Les award
[12:04] {jfjf64} ty
[12:04] {RonS} btw jf...deck scorched me the worst tring to short the damn thing...total Goldman manipulated stock
[12:04] {nemo} bastids
[12:05] {dino} bth
[12:06] {nemo} another beautiful spread
[12:06] {RonS} check www.mffais.com to see what institutions hold deck
[12:06] {jfjf64} thanks for letting me know
[12:06] {jfjf64} afterwards
[12:06] {RonS} ...and anyone else
[12:07] {jfjf64} lol
[12:07] {jfjf64} ty rs
[12:07] {RonS} hey, if I expressed all my negative opinions dino would not make any money...
[12:07] {RonS} :D
[12:08] {RonS} constantly thinking: "is that guy nuts?"
[12:08] {dino} i'd be afraid to pull the trigger
[12:08] {RonS} then: sonofabitch it worked for him again."
[12:08] {dino} we blew it on ice gabbing away
[12:08] {ese} LOOONGAAAA.....zion .81
[12:09] {RonS} oofa jf deck
[12:10] {jfjf64} yeah
[12:10] {jfjf64} look my bidu
[12:10] {jfjf64} liked .65 break
[12:21] {ese} gotta go.....choir show this morning at the Bay Center Vad..........I'm guessing i'm not going to be seeing you there?
[12:22] {jfjf64} enjoy ese
[12:23] {ese} tks jf........next week all....have a great weekend
[12:23] {dino} cya es
[12:30] {dino} cdti drop
[12:30] {dino} thin\
[12:39] {jfjf64} good weekend all
[12:39] {jfjf64} 3i
[12:39] {jfjf64} ty
[12:39] {RonS} cya jf
[12:39] {jfjf64} rs
[12:40] {Threei} take care jf
[12:45] {dino} gil stopped
[12:45] {dino} cya jf
[12:50] {nemo} anybody like apc short below .80?
[12:52] {dino} not sure
[12:53] {nemo} lokking long at the moment
[12:53] {dino} swm drops
[12:53] {nemo} pivot 69.04
[12:55] {RonS} looks like worth a shot to me...oil is knocking on $89/bl, if it fails to break that should be decent short
[12:56] {RonS} cl futes 88.93
[12:57] {RonS} trend has and is up...
[12:57] {nemo} imo...as long as Bernanke prints and it looks like the world economy getting better, oil up
[12:57] {nemo} $100 barrel in january...$ gas by summer
[12:57] {nemo} $4
[12:57] {RonS} yippeee
[12:58] {Threei} aren't we all glad he is looking out for us
[12:58] {RonS} glad i bought a cash for clunkers chevy aveo last year...lol
[12:59] {RonS} daewo built gerbil runnin machine...$6500 after all offs
[13:00] {nemo} have to use your feet to get it up a hill?
[13:00] {RonS} naw, just step on those gerbils heads and listen to them scream
[13:02] {RonS} then downshift w/ the afterburner hamsters
[13:03] {RonS} actually convinced wife to drive it...i have an audi a8
[13:03] {RonS} :D
[13:04] {RonS} my best sales job ever...
[13:04] {RonS} cl busted 80 and climbing...now 89.15
[13:05] {RonS} 89
[13:06] {RonS} big oil seller here though...move could be done
[13:06] {nemo} no...convincing her to marry you
[13:06] {davd} wher in the world is o'
[13:07] {davd} he should wear a striped red and white shirt
[13:07] {nemo} who?
[13:08] {RonS} obama
[13:08] {davd} obama in afghansitan
[13:12] {nemo} http://www.youtube.com/watch?v=wpmlHTeVG9A
[13:20] {nemo} massive volume apc
[13:20] {RonS} cl 88.88
[13:21] {RonS} .86
[13:28] {RonS} .73
[13:35] {harth} Another good one Nemo!
[13:36] {Threei} doing well today guys
[13:36] {Threei} good to see
[13:41] {dino} .
[14:00] {dino} .
[14:00] {dino} gil sm l.70
[14:07] {dino} am i here?
[14:08] {RonS} just barely
[14:08] {dino} thx
[14:09] {dino} snps all dayer to .29
[14:09] {dino} ltd to .69
[14:15] {dino} motr
[14:18] {RonS} wlt...strong move w/ bullish engulfing candle dev on daily
[14:20] {dino} whx drop
[14:25] {dino} whx sm l .25 stop .99
[14:26] {dino} snps to .35
[14:35] {dino} cisg
[14:38] {RonS} motr sm l 24.05
[14:43] {RonS} motr out .80 -.25
[14:52] {dino} gil to .69'
[14:53] {dino} out snps .38, +.34
[14:53] {dino} opps, +.32
[14:54] {RonS} motr rinse
[14:56] {dino} getting alot of that last few weeks
[14:57] {Threei} yeah, a bit higher percenatge of shakouts
[14:58] {dino} reminds me of eddie money "shakin'", (showing my age)
[15:01] {RonS} I remeber when Bill Graham developed and promoted that dude
[15:01] {dino} my teen years
[15:02] {RonS} early strip club tune...
[15:02] {dino} yes, lool
[15:03] {dino} ok, no more new trades, just managing whats left
[15:03] {dino} 3:00 and on has been hurting me
[15:04] {nemo} perfect action for a bull market that's up over 300 points in two days
[15:05] {dino} whx to b/e
[15:12] {dino} swm to 57 again
[15:13] {dino} watching that monday w/bth
[15:16] {dino} wow 56
[15:20] {dino} out gil +.03
[15:21] {Threei} wow
[15:21] {Threei} :)
[15:21] {nemo} think swm goes to 55.85, if it drops below that, probably retest of the bottom
[15:22] {dino} bloody
[15:24] {nemo} actually, there is a gap back around the beginning of September, if it closes above it may retest that which is between 54.85 and 54.15
[15:25] {nemo} almost touching 23.6 retracement
[15:26] {dino} saw that, watch for monday
[15:30] {nemo} watch 53.56 too
[15:31] {nemo} spy looks like ready to bust out on monday
[15:32] {nemo} no resistance between here and 124.70 or so
[15:37] {dino} back in ten
[15:38] {nemo} spy to 123.14?
[15:39] {Threei} SPY daily is nothing short of amazing
[15:40] {Threei} whatever happens, however we open - we finish green
[15:40] {nemo} Bernanke
[15:40] {Threei} 'It's a bull market, you know" (Old Turkey)
[15:40] {RonS} classic
[15:45] {Les} Guys I am finished here in Vad's room for a time
[15:45] {Les} definitely intending to come back
[15:45] {RonS} will miss ya Les
[15:45] {Les} but gotta find my own play first
[15:45] {Threei} good luck Les, we 'll be here when you are ready to come back
[15:46] {RonS} Happy Holidays
[15:46] {Les} should be back at some point in 2012. hopefully with strategy in place
[15:46] {RonS} 2012?
[15:46] {Les} 2011 too
[15:46] {dino} whx stopped +.02
[15:46] {patience} good luck Les
[15:47] {Les} ease up on the bacon vad and you'll be here for another 20 years
[15:47] {dino} good luck les
[15:47] {Threei} that's not my intention
[15:47] {Les} ty patience. sold SLW for +1.50 yesterday
[15:47] {Les} 2nd time in 2 weeks
[15:47] {patience} nice
[15:47] {Threei} between baco and 10 years on one side, and no bacon for 20 years on another - guess what my choice is going to be
[15:47] {Les} its at resistance now. taking a wait and see approach
[15:48] {Les} fat free bacon and 15 years?
[15:48] {patience} slw is a favourite of mine, just need the conditions to trade it using my style :)
[15:48] {Threei} nice try but no
[15:49] {Threei} bacon should be loaded with fat, coffee- black and hot, vodka - chilled, girl... OK, my wisdom is exhausted on this
[15:49] {dino} ltd to flat
[15:50] {RonS} Have a good weekend everyone ;)
[15:51] {dino} u2 ron
[15:51] {Les} adios Ron
[15:54] {nemo} so...the strategy is, buy the F'n dips!!!
[15:54] {Les} but I am scared and lost all my money going short
[15:54] {nemo} well, that makes perfect sense in your case Les
[15:54] {nemo} all's right with the world
[15:55] {nemo} I'm gonna' miss you
[15:55] {dino} i'll miss ya too les. find your edge, don't think
[15:55] {Threei} take care Ron
[15:55] {jfjf64} cioa les
[15:56] {Les} I'll be back when I have it. I know I wanna work with the clowns here.
[15:56] {Les} too much fun
[15:56] {dino} :D
[15:56] {Les} but time to get serious
[15:56] {jfjf64} hmm
[15:56] {dino} out ltd +.05
[15:56] {jfjf64} we serious
[15:56] {jfjf64} no
[15:57] {nemo} I think his kids are having a hard time raising Les
[15:57] {dino} yes, extremely
[15:57] {jfjf64} lots of edges here
[15:57] {jfjf64} find yours
[15:57] {jfjf64} hurry bk
[15:59] {larisa} bye les, good luck!
[16:00] {harth} best wishes Les!
[16:00] {Threei} thank you all
[16:00] {Threei} have a great weekend, see you on Monday
[16:01] {harth} You too, cya Mon
[16:01] {larisa} bye all
[16:01] {jfjf64} cya larisa
