Wednesday, January 26, 2011

Jan 26 2011

Choppy day, with a lot of whipsawing action. We started day well but overplayed our hand after FOMC announcement and gave gains back, finishing about flat.

Session Time: Wed Jan 26 00:00:00 2011

[08:40] {magoo} sedarmoc kninrom
[08:41] {Threei}  ?kniht uoy
[08:44] {nemo} tm massive recall, might be a short
[08:46] {nemo} oh, thought I was crazy...looking at the screen through a mirror
[08:47] {jfjf64} mornin
[08:47] {magoo} good one vad
[08:47] {Threei}  nemo, jf :)
[08:47] {magoo} capn, jf
[08:49] {nemo} negrom netug
[08:49] {jfjf64} hmm
[08:50] {Threei}  unless there is an application for this, you guys have way too much time on your hands
[08:50] {jfjf64} check the  coffee
[08:51] {nemo} I was up looking at charts till 1:00
[08:51] {jfjf64} and
[08:51] {nemo} couple a cents short of a dime this morning
[08:51] {jfjf64} what  ya come  up  with
[08:52] {nemo} they were the charts in Kacher and Morales' book
[08:53] {jfjf64} anyone  here  trump  rip  obama  on  cnbc
[08:56] {jfjf64} was upset  the  way  pres  was  pumpin  up  china
[08:59] {magoo} such a fake politician, now reverses his fundamental ideaology which got him elected
[09:09] {magoo} MOTR ripped just now
[09:10] {dino} gm all
[09:10] {Threei}  dino :)
[09:10] {dino} motr, majority holder not selling
[09:10] {RonS} gm...Motricity Files To Withdraw Registration Statement On Form S 1       01/26 07:01 AM
[09:11] {Threei}  ron :)
[09:11] {stewy} morning all
[09:11] {RonS} curious that hes is not taking a big hit
[09:14] {Threei}  stewy :)
[09:15] {ese} morning
[09:15] {Threei}  ese :)
[09:20] {RonS} ese, see ldk after u left?
[09:22] {larisa} gm :)
[09:23] {Threei}  larisa :)
[09:23] {larisa} vad :)
[09:24] {ese} ya
[09:25] {RonS} aks...jpm bump w/ statement on pricing power
[09:25] {ese} sure did ron......what the short position on it
[09:25] {ese} nice capitulation pattern.......somebody bought 2.something million shares of it
[09:25] {ese} whats
[09:26] {RonS} ldk, 14.7 mil sh short...just remember ese these numbers get reported twice a month
[09:26] {RonS} is a fluid situation
[09:27] {Threei}  question: if you say "honey" 1000 times, do you feel sweetness in your mouth?
[09:27] {Threei}  (EU) France Fin Min Lagarde: The euro is a solid currency, is being used as a reserve currency by some central banks
[09:27] {RonS} aks 13.5 mil sh short
[09:28] {ese} i love the weekly chart of ldk........i'm going to go long this at some point and let it ride......
[09:30] {Threei} Short Setup: LVS  .30 break half lot
[09:31] {Threei}  1;1
[09:31] {magoo} missed
[09:31] {ese} nice but missed
[09:31] {jfjf64} missed
[09:31] {Threei} Short Setup: SLW  .10 break
[09:32] {Threei}  invalidated
[09:32] {Threei}  LVS 1:2... anyone got it?
[09:33] {Threei} Short Setup: SLW  .30 break
[09:33] {ese} you were by your lonesome chief
[09:33] {Threei}  invalidated
[09:34] {Threei} Short Setup: SLW  .40 break
[09:35] {magoo} X animal again
[09:36] {Threei}  stop to .45
[09:36] {Threei}  out
[09:37] {Threei}  weird tails SPY
[09:38] {magoo} mornings been volitile
[09:39] {Threei}  X, watching for short entry
[09:39] {Threei}  want bounce above .80
[09:39] {Threei}  and short with stop above .95
[09:40] {magoo} JNPR rippin
[09:40] {magoo} naz red
[09:41] {Threei} Short Setup: X  .80 break
[09:41] {Threei}  if stays uner .95
[09:41] {Threei}  let's make it .90 break
[09:41] {Threei}  if stays under 59
[09:42] {Threei}  not a scalp if works
[09:43] {Threei}  1;1
[09:43] {magoo} in
[09:44] {magoo} crap
[09:45] {magoo} do u know i had 59 loaded as stop finger trigger and npo fi;ll
[09:46] {Threei}  I don't understand what you are doing at all
[09:46] {Threei}  1;1, half out, stop to b/e
[09:46] {Threei}  routine
[09:46] {magoo} dude
[09:46] {Threei}  especially in this volatility
[09:46] {magoo} only complaining about non fill
[09:47] {magoo} i was waiting .75 no exit
[09:47] {magoo} so loaded to get out, was on it
[09:47] {Threei}  my point is, it shouldn't have still been 59
[09:47] {magoo} no fill hence crap
[09:47] {Threei}  rather .91
[09:50] {dino} slab sm l .75
[09:50] {jfjf64} gild
[09:51] {jfjf64} 39
[09:51] {magoo} l yhoo here .54
[09:51] {jfjf64} no go
[09:52] {dino} slab ppe, stopped -.31
[09:52] {Threei} Short Setup: RIMM  .95
[09:52] {Threei}  if stays under .05
[09:53] {dino} slab sm l .25
[09:53] {Threei}  invalidated
[09:55] {dino} bpt v sm l .00
[09:55] {jfjf64} gild  hope  someone  faded  my  call
[09:55] {jfjf64} lol
[09:56] {jfjf64} bounced  off  fib  nicely
[09:56] {Threei} Short Setup: LVS  .60 break
[09:57] {Threei}  1;1
[09:58] {jfjf64} wheres  stop
[09:59] {jfjf64} lol
06[10:00] * Threei slaps jfjf64 around a bit with a healthy dose of common sense
[10:00] {Threei}  *(US) DEC NEW HOME SALES: 329K V 300KE
[10:02] {dino} bpt out 112.42, +1.42
[10:02] {jfjf64} nice
[10:02] {dino} thx
[10:04] {dino} jks -6 since noon yesterday
[10:04] {Threei} Long Setup:  X  .50 break half lot
[10:05] {Threei}  invalidated
[10:05] {dino} slab stopped -.35
[10:06] {dino} pwer sm l .50
[10:08] {jfjf64} quote  obama   we  are poised 4 greatness
[10:08] {jfjf64} nuts
[10:08] {Threei}  {Greatness} where are you folks? I am waiting andf waiting...
[10:09] {dino} jks sm l .00
[10:09] {jfjf64} me  2
[10:09] {jfjf64} dd
[10:09] {jfjf64} 50
[10:09] {jfjf64} look  all shares
[10:11] {Threei}  DOW TESTS 12,000 FOR THE FIRST TIME SINCE JUNE 2008
[10:11] {RonS} looks like a capital statement
[10:12] {jfjf64} x  short
[10:13] {jfjf64} ??
[10:13] {Threei}  market spikes
[10:13] {ese} roger....jolly good....capitol......hip hip........and aul that!!!
[10:13] {Threei}  let's see how X acts
[10:13] {ese} is that what you mean ron
[10:13] {Threei}  if stays enough close to 59, then yes
[10:13] {Threei}  short break of it when market reverses
[10:14] {RonS} captured pwer .52 to .68  thanks dino
[10:14] {dino} gj ron
[10:15] {ese} nice ron
[10:15] {jfjf64} missed
[10:15] {Threei}  second chance's provided
[10:16] {Threei}  courtesy of Her Majesty Volatility
[10:16] {ese} my intelliscan is really really slow.......anyone having those problems
[10:17] {Threei}  looks Ok here
[10:17] {magoo} ok here
[10:18] {ese} hmmmmmm
[10:18] {nemo} dino, mstr
[10:19] {nemo} your kinda' spread
[10:21] {RonS} ho boy...
[10:21] {RonS} oh
[10:21] {nemo} who you callin' a ho?
[10:21] {RonS} hehe
[10:23] {magoo} rimm bouncer vad?
[10:23] {Threei}  hard to tell
[10:23] {nemo} spy gonna' get 130
[10:24] {Threei}  don't like this wekaness amidst the drunken party
[10:25] {magoo} ok
[10:28] {Threei} Short Setup: LVS  .75
[10:31] {Threei}  hmmm
[10:31] {Threei}  invalidated but the idea is still there
[10:31] {Threei}  .90 break
[10:31] {nemo} that high volume candle, and price pushing above it
[10:31] {Threei}  volume dries up on this push to the top
[10:32] {Threei}  could turn into double top from here
[10:32] {jfjf64} .90
[10:32] {jfjf64} validd
[10:32] {Threei}  yes
[10:32] {jfjf64} ty
[10:36] {nemo} that was close to 1:1 and it's holding trend
[10:40] {Threei}  no go
[10:43] {ese} L bg sm .69
[10:44] {Threei}  watching NVDA
[10:45] {Threei}  downtrending since topping at 25
[10:45] {Threei}  .80 is important support
[10:45] {ese} i see what your getting at dino with the thin ones....when they shoot up they really go for it because theres not much supply
[10:45] {Threei} Short Setup: NVDA  .80 break
[10:45] {dino} yes
[10:46] {ese} stop .49
[10:48] {ese} L cagc sm.25
[10:51] {ese} these are not the minimum dn $2.00 though........just trying out your strategy with a different trigger....little break out patterns
[10:52] {dino} million ways ese
[10:52] {ese} based of an hourly chart
[10:53] {Threei}  held by fingertips
[10:53] {ese} with 60min stocastic crossing abouve the 20
[10:54] {ese} i'm sure i'm making vads head swim with too much thinking though
[10:54] {Threei}  I have just the cure though
[10:54] {Threei}  I read every third word
[10:54] {ese} ?
[10:54] {ese} lol
[10:54] {Threei}  and it all makes sense then
[10:55] {dino} slab sm l .20
[10:55] {Threei}  {ese} with stocastic the
[10:55] {Threei}  see?
[10:55] {ese} slab of bacon
[10:55] {dino} mmm mmm
[10:55] {ese} ya vad........that works .......i'll give it a try
[10:56] {Threei}  a lot of things become very clear this way
[10:56] {Threei}  die NVDA
[10:56] {dino} brb
[10:57] {Threei}  1:1
[10:57] {Threei}  1:2
[10:58] {jfjf64} yeahhhhhhhhhhhhhhhhhhhhhh
[10:58] {Threei}  out in full
[10:58] {Threei}  too vertical
[10:58] {jfjf64} me  too
[10:58] {nemo} .63 is pivot support and vwap
[10:58] {nemo} market got 130, and is backing off
[10:58] {jfjf64} does  TAO allow  my happiness
[10:59] {jfjf64} held  on  by fingertips
[10:59] {nemo} doesn't care about you jf
[10:59] {Threei}  allow? It insists
[10:59] {nemo} BS
[10:59] {Threei}  be happy or else
[10:59] {jfjf64} lol
[11:00] {jfjf64} that  was  huge  swing
[11:00] {jfjf64} ahh
[11:00] {jfjf64} need  shot
[11:02] {ese} out bg .03 +.34
[11:02] {ese} hmmmmmmmmmmmmi'm liken it
[11:02] {jfjf64} nvda  bounce  off fib
[11:02] {RonS} can u not like a bunge?
[11:03] {jfjf64} 3i   do you  use  fibs
[11:03] {nemo} he lies all the time
[11:03] {ese} lol
[11:03] {Threei}  no
[11:04] {jfjf64} nemoo  whenn  ya  stay up  late   likeee  ya  sence  humor  much  more
[11:04] {nemo} acidic?
[11:04] {jfjf64} makin  me  laugh  today
[11:04] {jfjf64} sorry 3i
[11:07] {ese} you know vad ...i think you might be onto something here....intead of reading every 3rd work do every 3rd sylable.......for instance jf's pos at 05....." re"
[11:08] {Threei}  I wonder how what we type here looks for outside world
[11:08] {ese} makes perfect sense to me
[11:08] {Threei}  e-mail I got a few weeks ago:
[11:08] {nemo} well, we have often referred to this place  as an asylum
[11:08] {Threei}  you seem to be full of disdain to your customers
[11:09] {nemo} you have no time for morons
[11:09] {ese} rotflol.........
[11:09] {Threei}  my first reaction was to fall out of my chair
[11:09] {ese} i just did
[11:09] {Threei}  but then I remembered some of dialogs with magoo for instance
[11:09] {RonS} sense of humour
[11:09] {dino} jungle
[11:10] {Threei}  and thought, for someone taking words at face value...
[11:10] {ese} ohhhh my goodness...this is too funny
[11:10] {Threei}  that's a great idea ese, about syllables
[11:10] {nemo} westerners are such wussies...Our feelings are hurt, boo hoo, has to be win win
[11:10] {Threei}  well, I answered in kind
[11:10] {nemo} I would have loved to punch out Dr. Spock
[11:10] {ese} that made my day
[11:10] {Threei}  something to the effect of "you are right, I hate them"
[11:11] {dino} out jks .43, +.43
[11:11] {ese} can't think of anywhere else i rather be hangin.......even if i wasn't tradin
[11:11] {nemo} People have told me I'm prejudiced
[11:11] {nemo} I told them no....
[11:11] {nemo} I hate everybody equally
[11:11] {ese} duh!
[11:11] {Threei}  lol
[11:11] {ese} lol
[11:11] {RonS} Left Coast nemo, not westerners.  The again i was trained in biz by ny jews.
[11:12] {ese} this is a great comedy act......we need to take this on the road
[11:12] {dino} out slab .60, +.40
[11:12] {RonS} gj
[11:12] {ese} well done as per usual dino
[11:12] {Threei}  look how prefectly we covered NVDA
[11:12] {nemo} RonS, I live an artillery shells throw from
[11:13] {dino} :D
[11:13] {nemo} nice slab dino
[11:13] {Threei}  that's all out of contempt to Alert
[11:13] {dino} finally worked
[11:13] {Threei}  I despise the guy
[11:13] {ese} ya but?  Artilery shells can go miles
[11:13] {nemo} rates right up there with birdbrain
[11:13] {nemo} yes ese, I know
[11:13] {nemo} that
[11:13] {nemo} that's my point
[11:14] {nemo} frickin' musicians
[11:14] {ese} lol
[11:14] {ese} trading is suppose to be work and not this much fun
[11:14] {nemo} I live 27 miles from Cambridge
[11:14] {ese} vad you didn't tell me this when i signed on
[11:15] {ese} if i shot that from here it would miss vads place by 15 miles
[11:15] {Threei}  sorry ese, as nemo remarked earlier - I lie
[11:15] {Threei}  also, when I tell people that trading can be both profitable and fun, they assume it's illegal
[11:16] {nemo} well, that was a lie of omission
[11:16] {Threei}  which you have to agree sounds about right
[11:16] {ese} i guess i could re adjust if vad ever did me wrong.......hmmmmmm good to know
[11:16] {ese} lol
[11:16] {ese} illegal
[11:17] {RonS} feerings...
[11:21] {jfjf64} joe
[11:21] {jfjf64} spike
[11:27] {jfjf64} hal
[11:28] {jfjf64} i/ch
[11:28] {jfjf64} ?
[11:32] {dino} !
[11:33] {jfjf64} agggesive  here
[11:33] {jfjf64} tight  stop
[11:33] {RonS} lol
[11:33] {RonS} jf talking to self...been there, done that
[11:34] {Threei}  main thing is, it helps
[11:34] {jfjf64} lol
[11:34] {RonS}'s my dog...
[11:35] {dino} thats who i talk to
[11:36] {jfjf64} hit
[11:37] {jfjf64} so much  4  aggresive  entry
[11:37] {nemo} I talk to the rabbit
[11:37] {jfjf64} some bunch  here
[11:37] {nemo} Dino sees dead people
[11:37] {RonS} carrots?
[11:38] {larisa} jf you played HAL long off support?  your comments were confusing :)
[11:38] {jfjf64} short
[11:38] {larisa} oh i see
[11:38] {jfjf64} lost 5 cents
[11:40] {jfjf64} comments  very  confusing
[11:40] {jfjf64} this  room  brings  out  best of  me
[11:40] {Threei}  ese gave you the recipe
[11:40] {Threei}  every third syllable
[11:40] {jfjf64} yes
[11:40] {Threei}  things become so clear
[11:41] {jfjf64} nvda
[11:41] {Threei}  {jfjf64} this out best me
[11:41] {Threei}  see?
[11:41] {jfjf64} nice  sell
[11:43] {jfjf64} time 4 lunch talk later  enjoy
[11:45] {stewy} .
[11:46] {RonS} -
[11:49] {nemo} Looks like Hawaii Governor admitted no birth certificate for Obama
[11:49] {Threei}  really?
[11:49] {Threei}  he jumped into this to prove there is
[11:49] {nemo} supposedly
[11:56] {nemo} btu looks like bull flag
[12:00] {magoo} in anything ?
[12:01] {nemo} do you really need the answer
[12:01] {nemo} ?
[12:02] {dino} pwer only
[12:04] {magoo} in at .50 right?
[12:06] {dino} y
[12:07] {dino} have to go walk neighbors dog (death in family)
[12:07] {magoo} who?
[12:07] {dino} mr kane
[12:08] {magoo} oh..
[12:27] {nemo} Well, here comes the blizzard
[12:29] {Threei}  yikes
[12:34] {Threei} Long Setup:  NVDA  .75 break
[12:34] {Threei}  if stays above .70
[12:34] {Threei}  just a scalp most likely
[12:35] {Threei}  maybe 1:2 if we get lucky
[12:37] {dino} .
[12:37] {dino} .
[12:49] {Threei}  so dino
[12:49] {Threei}  what's your point?
[12:52] {dino} not sure
[12:52] {Threei}  even that was too much to expect from NVDA
[12:54] {magoo} see a short in lvs vad?
[12:54] {Threei}  if market erevrses down, sure
[12:54] {Threei}  it follows well today
[12:59] {Threei}  market reversal here and LVS loss of 46 would be perfect
[13:00] {magoo} how about X short
[13:00] {Threei}  whether market reverses down or just pulls back a little and creeps back up, I have no idea
[13:00] {dino} out pwer .80, +.30
[13:00] {nemo} FOMC
[13:00] {Threei}  X a bit late
[13:00] {dino} back in 30
[13:20] {ese} .
[13:21] {Threei}  you have a point too ese
[13:21] {ese} ya for giving another exam in a couple of hours and am just finishing it up......will be gone soon
[13:23] {ese} am looking for a spot to get out of cagc
[13:24] {ese} dinos' style is very flexible.......worked for what i tried it with today
[13:24] {ese} would cagc to break over .60 though
[13:25] {larisa}  for what i tried it with .. is it even english? :)
[13:26] {Threei}  it's Victorian larisa
[13:26] {Threei}  we are too relaxed here to speak real language
[13:26] {ese} lol
[13:27] {larisa} RIMM is going to pull back ever?
[13:27] {Threei}  watching it too
[13:27] {ese} oh ya!!!!!! OH YAAAAAA!!!!!!!  who died and made you linguistics queen anyway?   HUH?
[13:29] {ese} now THAT! was proper english.
[13:29] {Threei}  I'd say, king's speech
[13:30] {ese} larisa is a guy?
[13:30] {larisa} of course
[13:31] {ese} lol
[13:31] {Threei}  GM Govt Official: Govt could sell entire stake in the company over the course of a year - financial press
[13:31] {Threei}  heh
[13:32] {ese} heh what
[13:33] {Threei}  this GM crap
[13:33] {Threei}  they need to sell it around 50 or higher to break even
[13:34] {jfjf64} nvda  bounce
[13:34] {jfjf64} ?
[13:34] {Threei}  doesn't look readable
[13:34] {jfjf64} ty
[13:35] {Threei}  FOMC in 40 min
[13:35] {Threei}  market will be erratic
[13:39] {ese} gotta go ya'll.....cya tomorrow
[13:39] {Threei}  take care ese
[13:39] {Threei}  we wll tell you how it all ended
[13:39] {larisa} bye ese :)
[13:39] {ese} cya vad laris
[13:40] {stewy} bye ese
[13:40] {dino} .
[13:49] {Threei}  (US) Preview: FOMC rate decision due out around 14:15ET
[13:49] {Threei}  - Today's FOMC meeting is largely expected to be uneventful. Given slowly improving data and the comments from Fed members in the last two months suggesting that it would take significant developments to alter the course of QE2, the FOMC will likely reaffirm its commitment to the quantitative easing program today while continuing to review the plan on a regular basis.
[13:49] {Threei}  - The most notable revision today may be in the inflation commentary, acknowledging some of the inflation pressures seen recently, particularly in commodity prices. The December statement said "measures of underlying inflation are somewhat low" and "longer-term inflation expectations have remained stable, but measures of underlying inflation have continued to trend downward." Today's statement might suggest that inflation measures have ended their downtrend and started to level off.
[13:56] {jfjf64} rimm pubk
[14:01] {RonS} nflx options implying a $16 move...reports ah...
[14:06] {dino} ftnt
[14:08] {jfjf64} short
[14:09] {Threei}  6 min till FOMC
[14:09] {dino} dk, not for awhile at least
[14:10] {jfjf64} sd we  put  our  fomc  hats  on
[14:10] {Threei}  I lost mine
[14:10] {Threei}  but you do by all means
[14:14] {nemo} got awful quiet out there
[14:14] {nemo} oh, watchet the True Grit remake, pretty good
[14:14] {jfjf64} slw
[14:15] {jfjf64} breakdn
[14:15] {jfjf64} ?
[14:15] {Threei}  wait out FOMC
[14:15] {jfjf64} k
[14:15] {nemo} y
[14:15] {Threei}  don't you remember how volatile market can be after announcement
[14:15] {nemo} absotutely
[14:16] {jfjf64} me  
[14:16] {jfjf64} no
[14:16] {nemo} quick jf, what's your name
[14:17] {dino} they are arguing over who pays for lunch
[14:17] {nemo} well, Bernanke still has that car loan
[14:17] {Threei}  *FOMC HOLDS FED FUNDS RATE TARGET AT 0.25%
[14:17] {Threei}  ote was 11-0; household spending picked up late last year; commodity prices have risen
[14:18] {nemo} what's his name didn't should go up
[14:19] {jfjf64} lvs
[14:19] {jfjf64} no  responce
[14:21] {RonS} gld
[14:24] {magoo} lil response
[14:24] {Threei} Short Setup: X  .95
[14:25] {Threei}  if stasy under .05
[14:26] {Threei}  change of plans
[14:26] {Threei} Short Setup: X  59 break
[14:26] {Threei}  if stays under .10
[14:26] {Threei}  above .10 abandoning short idea
[14:27] {nemo} guess we're done
[14:27] {jfjf64} abort  the  mission
[14:27] {RonS} pcx .10 break s?
[14:27] {Threei}  reestablished
[14:28] {Threei}  PCX, yes
[14:28] {Threei}  market looks like mini-crash is coming
[14:29] {magoo} lvs short?
[14:30] {dino} ftntsm s ftnt .00
[14:30] {Threei}  no go X
[14:30] {nemo} market still churning
[14:30] {Threei}  LVS... probably
[14:31] {Threei}  I think gotta switch to aggressive entries
[14:31] {Threei}  whipsaws everywhere
[14:32] {nemo} yep...gonna' need the donut pillow
[14:36] {Threei}  pullback time it seems
[14:36] {Threei} Short Setup: X  .40 breeak
[14:36] {Threei}  stop above .50
[14:38] {Threei}  doesn't feel right
[14:38] {nemo} long above .50?
[14:38] {Threei}  nah
[14:38] {kschun} no
[14:39] {nemo} offers .50
[14:40] {jfjf64} aggtresive
[14:40] {jfjf64} ?
[14:41] {Threei}  can't tell jf, we are in that pattern of volatile moves where anything's possib;le
[14:41] {Threei}  like on the open
[14:41] {Threei}  see?
[14:41] {jfjf64} yes
[14:42] {jfjf64} hod
[14:42] {jfjf64} careful
[14:42] {nemo} 1/2 out .61
[14:43] {jfjf64} good  job nemo
[14:43] {nemo} ate massive offers at .50
[14:43] {jfjf64} lot  vol  into  move
[14:43] {nemo} yep
[14:43] {nemo} 1/4 more .71
[14:43] {kschun} respect nemo
[14:43] {jfjf64} go  nemo
[14:44] {nemo} hi volume doji at 14:35 volume increased as it moved above.  then damn set up at .50
[14:44] {nemo} dam
[14:45] {nemo} so scatalogical
[14:45] {dino} gj nemo
[14:45] {nemo} trying to figure out stop now
[14:45] {jfjf64} time  to  find  reversal
[14:45] {jfjf64} x
[14:46] {RonS} where's mags w/ his price prediction voodoo
[14:46] {nemo} o.k. wherever bottom this out
[14:46] {dino} dk ron
[14:46] {nemo} last .64
[14:47] {nemo} new hi spy
[14:47] {dino} cov ftnt .69, +.31
[14:49] {jfjf64} .50 break  slw
[14:50] {jfjf64} hold .55
[14:50] {nemo} that's gap resistance
[14:51] {nemo} lookin short
[14:51] {Threei}  not sure...
[14:52] {Threei}  holding too well while market pulls back
[14:52] {jfjf64} no  go
[14:52] {jfjf64} very  tck   nemo
[14:52] {nemo} thick or tck
[14:53] {jfjf64} teckinal
[14:53] {nemo} oh
[14:53] {nemo} korreqkt
[14:53] {Threei}  jf is very diksleksik
[14:53] {jfjf64} lol
[14:53] {jfjf64} jf  gets  no  respect
[14:53] {Threei}  respekt you mesan
[14:53] {jfjf64} lol
[14:55] {Threei}  see SLW?
[14:55] {nemo} yep
[14:55] {jfjf64} yup
[14:55] {jfjf64} didnt  see 5 min  chart
[14:55] {jfjf64} 4   long
[14:56] {Threei}  Hoenig is no longer voting member of Fed
[14:56] {nemo} ahhh, thats why
[14:56] {Threei}  that's why no dissension
[14:56] {jfjf64} great
[14:56] {Threei}  Fisger was expected to vote against but suddenly canged his mind
[14:56] {Threei}  Fisher
[14:56] {nemo} katy bar the door, they'll be marketing FRN brand toilet paper at a supermarket near you
[14:57] {dino} "measures of underlying inflation have been trending downward" ??
[14:57] {magoo} anyones chart freezing today with laser? mine twice, once just now
[14:57] {nemo} don't think so
[14:57] {Threei}  no... looks fine here
[14:58] {kschun} AU sick volöume
[14:58] {nemo} wow, where'd you get the umlaut
[14:58] {nemo} ?
[14:58] {RonS} from papa
[14:59] {nemo} Bob Seger
[14:59] {dino} ffiv hod
[15:01] {Threei}  in case anyone cares:
[15:01] {kschun} LOL nemo
[15:01] {nemo} ?
[15:01] {kschun} where did you learn german my friend?
[15:01] {nemo} Im Muenchen und Koeln
[15:04] {RonS} 3i's muenchen on bacon...
[15:04] {kschun} o.k. :-)
[15:05] {Threei}  lol
[15:05] {kschun} look at TICK, unreadable today... this often occurs when vola goes to moon and back... warning sign.
[15:05] {Threei}  but thread carefully Ron... this area is rarely suitable for jokes
[15:06] {Threei}  bacon is kind of sacred cow
[15:06] {nemo} sacred pig
[15:06] {dino}  lol
[15:08] {stewy} see you all tomorrow
[15:08] {Threei}  take care stewy
[15:11] {RonS} dang it, i thought we would get a direction at 3...
[15:11] {dino} cya stew
[15:11] {RonS} chopfest
[15:12] {nemo} except resource stocks
[15:14] {dino} wow clf
[15:18] {Threei}  RIMM, C&H
[15:18] {Threei}  .50 break
[15:18] {jfjf64} slw
[15:18] {jfjf64} wow
[15:20] {magoo} mini-crash off?
[15:20] {Threei}  too much whipsawing
[15:30] {dino} ftnt hod
[15:43] {Threei}  morning was OK, afternoon I hate
[15:43] {Threei}  chop chop chop
[15:45] {magoo} even morning was fast and furious
[15:45] {Threei}  yes, but there wwere obtainable and obedient trades
[15:47] {dino} for fed day, not bad imo
[15:48] {nemo} day gonna' finish near the highs
[15:48] {Threei}  Dow tries to finish above 12K
[15:48] {dino} funny thing is dow doesn't matter. not the same group of companies
[15:49] {Threei}  no... but still used by most as a measurement
[15:49] {nemo} kinda' like the state of the union address
[15:49] {dino} s/p much better
[15:53] {RonS} nflx lod
[15:55] {kschun} o.k. guys I am out, thanks to all!
[15:55] {Threei}  thank you all
[15:56] {Threei}  have a good evening, see you tomorrow
[15:56] {larisa} bye
[15:57] {dino} gn all