Monday, February 7, 2011

Feb 07 2011

Very nice day, opened with a strong trade )see Catch of the Day below) and closed with a one winning short after another.


Most of our setups are time frame-indifferent; you can apply them on 1 min chart as well as on daily. This particular one, however, is more of a day trading. I guess there are ways to adapt it to other time frames but I personally never tracked this. This is so called Open Break Setup. The idea is to determine a range formed by the price during first moves after the open, then take a trade in the direction of a range break while pacing a stop on the other side of the range. The trick is in finding range tight enough for a decent stop. Normally, such plays form within first 15-30 minutes after open. In this particular case it was merely 3 minutes, but we had a strong supporting factor - our stock opened in red while whole market gapped up, and started the day with long red candle, signaling unusual weakness.


Compare the notes with annotations on the chart to see the trade's structure. Two red candles formed support to break at $34.40 while not breaking above the 34.50 resistance. After breaking support and triggering our short, it hit 1:1 almost right away. Stop was trailed to breakeven at this point. After some hesitation SLW dropped to 1:2, paused a little and gave us full exit by sharp drop to 1:4 - 1:5.




Session Time: Mon Feb 07 00:00:00 2011
[08:21] {magoo} mornink comrades
[08:23] {nemo} haroo
[08:56] {magoo} quiet in here
[08:56] {nemo} I'm still hungover from Friday night
[08:56] {Threei}  I am not even here
[08:57] {Threei}  well... on this planet, but that's about as much as I can state confidently
[09:00] {Threei}  I like the symbol: WTFC
[09:01] {dino} gm all
[09:01] {Threei}  dino :)
[09:01] {nemo} hehehehe
[09:01] {RonS} top o' the morning blokes
[09:02] {Threei}  ron :)
[09:05] {_yew1118} gm frist time her some one could help me
[09:06] {Threei}  good morning yew
[09:06] {Threei}  what kind of help do you need?
[09:07] {nemo} deer like yews
[09:08] {_yew1118} wana know whats the name of the guy that give the picks?
[09:08] {Threei}  see my comments in blue?
[09:08] {Threei}  while the rest are black?
[09:08] {nemo} no...you want the guys that give the good picks
[09:09] {ese} gm
[09:09] {_yew1118} yes , every thing nemo
[09:09] {Threei}  ese :)
[09:09] {ScottM} Good Morning
[09:10] {ese} scott
[09:10] {Threei}  scott :)
[09:10] {_yew1118} thanks
[09:10] {nemo} there are different trading styles in here, so be careful yew
[09:11] {Threei}  please observe for a while to get an idea how we operate, ask questions if something is unclear
[09:11] {_yew1118} like what?
[09:12] {RonS} advise yew to watch and get the rhythm, this is different...
[09:13] {_yew1118} k
[09:13] {ese} when some calls a buy.......yew......check those charts out, volume dynamics etc etc
[09:13] {RonS} ...and can be extemely fast...
[09:14] {ScottM} Vad, I know you always parcel out of trades, but do you ever parcel in (e.g. half aggressive entry, half regular)?
[09:14] {Threei}  rarely, but yes
[09:14] {Threei}  remember one call of this kind recenbtly... Thursday I think
[09:15] {Threei}  where I suggested to get half near support
[09:15] {nemo} which Thursday?
[09:15] {Threei}  and add second half on break of resistance
[09:15] {ese} lol
[09:15] {Threei}  good question...
[09:15] {ScottM} thanks
[09:15] {Threei}  I think it was Rimm
[09:16] {Threei}  instead of bouncing and breaking resistance it proceeded straight down
[09:16] {Threei}  so we took a stop, but on half lot only
[09:16] {ScottM} So advantageous in that case.
[09:16] {Threei}  can be, sure
[09:17] {Threei}  testing water with lesser commintment,
[09:17] {Threei}  adding if confirmed right
[09:17] {Threei}  exiting if not
[09:18] {Threei}  just don't yeild to a temptation to simply add if it goes against you
[09:18] {ScottM} yes... I hear you
[09:18] {Threei}  that is prermitted in one case only
[09:18] {Threei}  http://blog.realitytrader.com/2009/06/averaging-down-yea-or-nay.html
[09:19] {ScottM} Thanks, I will check that out
[09:20] {larisa} gm :)
[09:23] {Threei}  larisa :)
[09:24] {ScottM} have been looking at x.  to my untrained eye, I see double top  (30 min bars on weekly chart) within double top daily chart.  then some type of descending triangle with baseline at seemingly important 58.00 area.  anyone else see this?
[09:24] {ese} laris
[09:24] {larisa} :) was checking my calendar making sute it is Monday
[09:24] {larisa} sute=sure
[09:25] {Threei}  yes Scxott, and on tope of that - we have bearish engulfing candle on Friday
[09:25] {Threei}  what made you question that larisa?
[09:25] {larisa} room is too quiet :)
[09:26] {Threei}  I'd say, if it loses 58 after establishing some decent range for a stop - short the hell out of it
[09:26] {ScottM} That's what I've been thinking.
[09:26] {ScottM} Thanks
[09:26] {Threei}  alternatively, if it goes up, let's hunt for short entry around 60
[09:27] {Threei}  that would be aggressive short entry into bounce
[09:28] {ScottM} sounds good
[09:28] {Threei}  last thought on it is,
[09:28] {Threei}  while SPY proceeds making new highs, X does not
[09:28] {ScottM} ok
[09:30] {magoo} i have found x to be extremely wild animal
[09:30] {jfjf64} mornin  to  all!!!
[09:30] {magoo} up point down 2
[09:31] {Threei}  jf :)
[09:32] {Threei} Short Setup: SLW  .40
[09:32] {Threei}  if stays under .50
[09:33] {Threei}  half lot, openings are volatile
[09:35] {Threei} Short Setup: X  .60 break galf lot
[09:35] {Threei}  invalidated
[09:35] {Threei}  .70 now
[09:35] {Threei}  if stays under .80
[09:36] {Threei}  SLW 1:1
[09:39] {Threei} Short Setup: X  .80 break half lot
[09:39] {Threei}  invalidated
[09:41] {Threei} Long Setup:  RIMM  .76 half lot
[09:41] {Threei}  stop under .65 for scalper, .60 for day traders
[09:42] {Threei}  1:1
[09:42] {Threei}  day traders, let it break .90
[09:42] {Threei}  here
[09:42] {Threei}  should spike now
[09:43] {ese} L cni .80
[09:44] {Threei}  stop for the balance is under .70
[09:44] {RonS} dino, motr short?
[09:44] {ese} sorry bit of a late call
[09:44] {Threei}  want to make a new low, SLW?
[09:44] {Threei}  yes you do, good boy
[09:44] {ese} sm by the way
[09:45] {dino} y
[09:45] {Threei}  here comes RIMM
[09:45] {Threei}  feel free to exit
[09:45] {ese} also it's cnl not cni
[09:45] {Threei}  hmmm
[09:46] {Threei}  I have an idea
[09:46] {Threei}  let's capitalize symbols
[09:46] {Threei}  our reading skills are weak at best as it is {G}
[09:46] {RonS} yes, we need to do that...
[09:46] {nemo} yeah I got screwed up on hum last week
[09:47] {ese} must have been a hum dinger of a mistake
[09:48] {nemo} funny as a rubber crutch ese
[09:48] {ese} out .97 CNL +.17
[09:48] {dino} motr sm s .74
[09:48] {nemo} spy momo go figure
[09:49] {Threei}  interesting how SLW is not following it,
[09:49] {Threei}  nor does RIMM
[09:50] {Threei}  1:2 SLW
[09:50] {Threei}  took its sweet time but never touched trailing stop above .40
[09:50] {jfjf64} ty
[09:50] {Threei}  yw
[09:52] {Threei} Short Setup: X  59 break half loty
[09:53] {Threei}  stop above .10 scalpers
[09:53] {Threei}  .20 day traders
[09:54] {Threei}  1:3 SLW
[09:54] {nemo} ouch, got whacked good on X
[09:55] {dino} motr topped -.17
[09:55] {Threei}  1:4
[09:55] {Threei}  out in full here
[09:55] {Threei}  .98
[09:55] {Threei}  +.41
[09:55] {ese} L gt .94
[09:56] {ese} GT
[09:56] {ese} 1/2
[09:56] {Threei}  takeover chatter on GT
[09:56] {ScottM} nice call on slw Vad... thanks
[09:56] {Threei}  welcome sir
[09:57] {Threei}  1:5... without me
[09:57] {ese} ahhhhhh
[09:57] {dino} rinsed motr
[09:57] {RonS} gt report Thurs bmo...someone took big position in gt last week...sorry but i forget specifics
[09:58] {ese} out GT .10 +.16
[09:58] {RonS} wtg ese
[09:58] {ese} tks........
[10:00] {RonS} CONN, thinny...huge shorts...6.3 mil shares
[10:00] {dino} sxt sm l .25
[10:02] {RonS} korean massage chain dino?
[10:02] {ese} L sxt .26 am goin with ya dino
[10:02] {RonS} DOWNGRADE: Sensient (SXT) downgraded by Oppenheimer from Outperform to Perform.       02/07 04:54 AM
[10:03] {RonS} lol...i was close...Sensient (SXT:$32.29,00$-1.29,00-3.84%) , which supplies flavors, fragrances and colors
[10:03] {dino} cpx sm l .00
[10:04] {dino} lol
[10:05] {nemo} mcp running
[10:07] {Threei}  looking for shoert entry on LVS
[10:09] {nemo} jdsu Vad?
[10:09] {nemo} oops JDSU
[10:09] {Threei}  looks ready for bounce but no more than a scalp
[10:09] {Threei}  pullback closer to .60, I'd buy
[10:10] {Threei}  with stop under .55
[10:10] {Threei}  there... .60 break
[10:10] {Threei}  if holding .55
[10:11] {Threei}  invalidated
[10:11] {magoo} MCP nuts
[10:12] {Threei}  valid again, but with .50 support
[10:12] {RonS} REE too
[10:13] {ese} out sxt .57 +.31
[10:13] {ese} tks dino
[10:13] {Threei}  wtg
[10:13] {RonS} gj
[10:13] {ese} ridem cowboy
[10:14] {dino} gj es
[10:14] {dino} sxt to .55
[10:15] {ese} your uncanny fella with those picks
[10:15] {dino} mcy
[10:15] {ese} your gonna get your .40
[10:15] {dino} maybe
[10:15] {RonS} Mercury General Withdraws From Florida Home-Insurance Market       02/07 07:43 AM
[10:15] {Threei} Short Setup: LVS  .80 break
[10:16] {RonS} ...that's a bad thing?
[10:16] {Threei}  if stays under .90
[10:16] {ese} even nows good
[10:17] {dino} refr
[10:17] {ese} bingo!!!!
[10:17] {dino} sxt to .64
[10:19] {ese} nice
[10:19] {ese} i'm saying that before your even out
[10:20] {dino} :D
[10:21] {Threei}  1:1
[10:21] {Threei}  covering half
[10:21] {Threei}  scalpers be happy
[10:23] {dino} to .75 sxt
[10:26] {dino} cpx to .25
[10:27] {dino} out cpx .25, +.25
[10:28] {magoo} any sh read here X vad?
[10:28] {Threei}  not right now
[10:28] {Threei}  but it's on a radar
[10:29] {magoo} ok
[10:29] {Threei}  on daily it's a short around 60
[10:30] {Threei}  just want to get some kind of setup on intraday too
[10:30] {magoo} dollars or cents?
[10:30] {Threei}  dollars
[10:30] {Threei}  maybe this little H&S
[10:30] {Threei}  not my favorite setup
[10:33] {_yew1118} AIG
[10:34] {Threei} Short Setup: X  .60 break
[10:34] {Threei}  if stays under .70 - .75 zone
[10:34] {Threei}  a bit fuzzy here
[10:36] {ese} sxt.....very impressive dino
[10:37] {Threei}  invalidated
[10:38] {Threei}  next setup to look for in double top
[10:38] {Threei}  .91 high so far, let's see if we can find a trigger
[10:39] {dino} thx
[10:39] {dino} to .84
[10:39] {Threei} Long Setup:  AIG  .50 break if holding .40
[10:39] {Threei}  aggaressive entry for .60 break
[10:39] {nemo} spy gonna make next run
[10:42] {dino} sxt to .92
[10:48] {Threei}  yikes
[10:48] {Threei}  out AIG
[10:49] {dino} mcy partial fill .01 l
[10:49] {Threei} Short Setup: X  .80 break
[10:49] {Threei}  if no new high
[10:51] {dino} motr sm s .99
[10:51] {nemo} spy gonna' break again
[10:52] {Threei}  no go X
[10:56] {dino} motr bstop to .02, not dropping
[10:58] {magoo} f'ng AIG
[10:59] {Threei}  yeah, rinse
[10:59] {dino} sxt to .95
[11:03] {nemo} not a lower low yet on the spy
[11:03] {nemo} .12 mor cents and spy has run to R3
[11:05] {nemo} wow, cotton has hit upside limit every day for the last week
[11:05] {dino} cov motr .69, +.30
[11:05] {nemo} wow, spy retraced to trend, good thing I'm sitting down
[11:06] {dino} out sxt .96, +.71
[11:06] {RonS} gj...u must really smell good now...
[11:07] {dino} like a daisy
[11:07] {Threei}  lol
[11:07] {nemo} FCX break of .50 Vad?
[11:07] {dino} mcy sm l .90
[11:08] {Threei}  if holding .40, sure
[11:08] {nemo} I've got support at .48, and .10 on that dino
[11:08] {dino} yeah, bad entry, was waiting for it for 1/2 hour
[11:08] {nemo} slw completely retraced, might be a short
[11:09] {dino} mcy stopped
[11:18] {RonS} csx short w/ .80 break 3i?
[11:19] {Threei}  yes, and aggressive entry is an attractive option
[11:19] {RonS} k
[11:35] {RonS} hearing O tv
[11:39] {nemo} DB on MCP?
[11:40] {dino} mcy sm l .25 last try
[11:40] {nemo} COH break of .75?
[11:41] {nemo} too funny, mcp bounced right at .10
[11:46] {nemo} spy dropping, REE up, MCP holding pivot
[11:48] {RonS} csx sm s 1.02
[11:49] {nemo} ?
[11:49] {nemo} 71.02?
[11:49] {RonS} yes
[11:50] {dino} syy sm l .05
[11:53] {RonS} yew...good time of day to ask Q's...
[11:54] {_yew1118} thanks
[11:56] {nemo} FCX at support Pivot at 56.80
[11:57] {nemo} mags bounce play .80 area FCX?
[11:58] {magoo} no read sorry
[11:59] {magoo} whats gold doing?
[11:59] {nemo} -.01
[12:00] {nemo} +.03
[12:00] {RonS} hehe
[12:03] {dino} aeis sm l .25
[12:15] {RonS} futures volume running 60-70% of average...low volume meltup
[12:21] {RonS} out csx scratch...getting late for a mid-day pullback
[12:24] {nemo} fcx at strong support
[12:29] {dino}  mcy to .68
[12:30] {dino} out mcy ave .67, +.42
[12:30] {nemo} lucky again dino?
[12:31] {dino} ;)
[12:37] {Threei}  (US) President Obama: Asks US business leaders for support in eliminating tax loopholes; to make proposals to streamline federal govt bureaucracy in the coming weeks
[12:37] {Threei}  - speech at US Chamber of Commerce- Reiterates desire to lower corporate tax rates.
[12:37] {Threei}  - Asks business leaders to do more to hire Americans.
[12:37] {Threei}  - Pledges to close trade deals with Panama and Colombia.
[12:37] {Threei}  - Pledges to veto bills that are fulll of earmarks.
[12:37] {Threei}  - Need to find a path between excessive regulation and insufficient regulation.
[12:38] {RonS} US biz:  so do something positive yourself...
[12:40] {RonS} businessmen respond to the environment not vice versa...
[12:40] {RonS} campaign speech for idiots...
[12:41] {Threei}  no kidding
[12:42] {dino} sm l dlb .35
[12:43] {RonS} wow, dino getting quite the following...dlb...
[12:43] {dino} lol
[12:45] {RonS} REFR madness...
[12:47] {RonS} ahem...LVS
[12:48] {RonS} nuts, aig
[12:49] {RonS} AIG
[12:51] {nemo} fcx on a pulback vad
[12:51] {nemo} FCX
[12:53] {Threei}  hmm
[12:53] {Threei}  doesn't look encouraging
[12:53] {nemo} no, the way it pulled back through .10
[12:55] {dino} bpt?
[12:55] {Threei}  double bottom candidate
[12:55] {nemo} 102.95 Dino
[12:55] {Threei}  tough trader...
[12:56] {nemo} 103.97
[12:59] {dino} ccme continues its death roll
[13:01] {Threei}  has this ominous look
[13:02] {RonS} CCME...rumor about mismatching SEC filings
[13:02] {dino} fraud allegations
[13:02] {RonS} whatever that means...
[13:03] {dino} lies, booze, easy women, etc
[13:03] {magoo} r we uin anything?
[13:04] {dino} y
[13:04] {Threei}  dino, I fail to see anything wrong with all those things you listed
[13:04] {nemo} sounds like paradise
[13:04] {dino} nor i, just answering rons question
[13:05] {RonS} "mismatching SEC filings"...whatever that means...
[13:05] {Threei}  it's like those warnings at the beginning of a movie... coarse language, violence and nudity
[13:06] {Threei}  I jump up and down... "al my favorite things, in one movie"
[13:06] {dino} sort of like mismatched socks
[13:16] {magoo} .
[13:16] {RonS} ...my fave Super Bowl comml:  http://tinyurl.com/685c8v2
[13:17] {dino} mant
[13:17] {RonS} ...my wife kept pestering:  "where are the Clydesdales?"...freakin So Africans...
[13:18] {RonS} ManTech: Contract For Army's Mine Resistant Ambush Protected Vehicles       02/07 11:16 AM
[13:18] {RonS} ManTech Intl: Deal Valued At $488M For Initial Period, Options For 11 Mos       02/07 11:16 AM
[13:19] {RonS} MANT 1.7 mil sh short
[13:23] {dino} hmmm, thought it would bounce more than that
[13:23] {nemo} AIG
[13:26] {_yew1118} fcx good buy?????
[13:26] {Threei}  nah
[13:27] {Threei}  if anything, it's a short on 56 break
[13:28] {_yew1118} thanks
[13:42] {nemo} selling drying up in fcx
[13:45] {Threei}  I don't know about that
[13:45] {Threei}  the way I see it is:
[13:45] {Threei}  lunch time, everything is quiet,
[13:45] {Threei}  but if 56 is brioken, volume will pick up
[13:45] {nemo} almost 2:00
[13:46] {Threei}  yes, so direction will appear soon
[13:46] {Threei}  and volume will come in
[13:47] {kschun} 56 break - which stock?
[13:47] {Threei}  FCX
[13:47] {kschun} o.k. thanks
[13:48] {nemo} hey sneeze
[13:48] {kschun} you looking to short FCX under 56?
[13:49] {Threei}  yes, but only if it forms tighter range
[13:49] {Threei}  as it is, stop would have been too wide
[13:49] {kschun} o.k. thanks vad
[13:49] {Threei}  X too btw
[13:49] {Threei}  60 proved to be an ideal short entry so far, as spoke in the morning... never got clear entry on intraday though
[13:50] {kschun} btw ? sorry...
[13:50] {Threei}  by the way
[13:50] {kschun} thanks :-9
[13:51] {ScottM} X seems to be coiling in sym. tri.  Maybe will break when / if toppy Spy does?
[13:52] {Threei}  break of .90...
[13:53] {Threei}  that's my line of thinking scott
[13:53] {Threei}  well.. whatever it is I use as replacement for thinking anyway
[13:53] {ScottM} sounds like sound thinking Vad
[13:53] {Threei}  ah don't toy with me
[13:54] {ScottM} lol
[13:58] {Threei}  question as always is, will we get SPY retreat or it shrugs it all off once again and proceeds to make new highs
[13:59] {nemo} go with what it's always doing
[13:59] {Threei}  slw
[14:04] {nemo} AIG, pullback from here and then break?
[14:06] {Threei}  asround .40 - .45 I would be inclined to get in
[14:10] {Threei}  SPT shows signs of retreating
[14:10] {Threei}  SPY
[14:12] {Threei}  don't see much folow through in stocks
[14:13] {kschun} FCX ?
[14:13] {kschun} let recover and then short under .10?
[14:16] {Threei}  let it bounce first
[14:16] {Threei}  then let's try to find entry
[14:16] {Threei}  starts feeling like we may get short today
[14:17] {Threei}  X near .10 aggresive short entry idea
[14:18] {_yew1118} brcm long?
[14:19] {Threei}  no
[14:19] {Threei}  we don't play sto0ocks without setups
[14:19] {Threei}  I see none on BRCM
[14:19] {_yew1118} k sorry
[14:20] {Threei} Short Setup: FCX  56 break if stays under .10
[14:21] {ScottM} took agressive entry on X trying to narrow stop
[14:22] {Threei}  good idea
[14:22] {ScottM} just needs a liitle push now
[14:22] {Threei}  here it is
[14:22] {dino}  .
[14:23] {Threei}  how about this push
[14:23] {Threei}  a bit too vertical and volume spike
[14:24] {ScottM} yes, thanks Vad, fully out with about .20
[14:24] {Threei}  :)
[14:27] {Threei}  let's do it FCX
[14:27] {Threei}  why not... bees do it
[14:30] {Threei} Short Setup: RIMM  .30 break
[14:30] {Threei}  if stays under .40
[14:33] {_yew1118} what is your stop on rimm?
[14:33] {Threei}  above .40
[14:33] {Threei}  comment 14:30] {Threei} if stays under .40 indicates stop level
[14:38] {Threei}  market rolls over
[14:38] {Threei}  SPY loses .05, we got our downdrift
[14:38] {nemo} vwap right under it
[14:38] {Threei}  FCX needs to lose .95..
[14:38] {Threei}  RIMM however looks like may rinse
[14:40] {Threei}  good boy FCX
[14:40] {Threei}  1:1
[14:40] {Threei}  half out
[14:42] {Threei}  1:2, 1/4 more
[14:43] {Threei}  stop to above .90 for the last piece
[14:43] {Threei}  not sure about RIMM
[14:43] {Threei}  maybe let's scratch half
[14:43] {Threei}  just to keep it safe(r)
[14:43] {magoo} AIG short?
[14:43] {Threei}  .50 break
[14:43] {Threei}  yes
[14:44] {Threei}  if stays below .60
[14:47] {Threei}  ok market, that was your last inhale
[14:47] {Threei}  jusy drop now
[14:48] {Threei}  FCX closed
[14:49] {Threei}  AIG 1:1
[14:49] {Threei}  1:2
06[14:49] * Threei slaps magoo around a bit with a large roll of cash
[14:50] {magoo} yup, nice
[14:51] {magoo} vad, target AIG?
[14:51] {magoo} under 42?
[14:51] {Threei}  42.10 I think
[14:51] {Threei}  or wyhatever it is that do that I think is thinking
[14:51] {Threei}  1:3 baby
[14:52] {Threei}  I am out mags
[14:52] {Threei}  you are on your own
[14:52] {magoo} me too
[14:52] {Threei}  ok
[14:52] {magoo} sigh
[14:52] {magoo} :(
[14:53] {Threei}  why sigh
[14:53] {Threei}  30 cents, what do you want
[14:53] {magoo} how quick u abandon me
[14:53] {Threei}  oh that
[14:54] {Threei}  lol MNTA
[14:54] {Threei}  takeover rumor
[14:54] {Threei}  buyer are 13.40 can't understand what hit him
[14:54] {Threei}  are = at
[14:55] {Threei}  now after he sold under 13 and sees MNRA upticking, he thinks "no you don't..."
[14:56] {Threei}  MNTAQ
[14:56] {Threei}  sheesh... never mind
[14:56] {Threei}  RIMM 1:1
[14:56] {kschun} and about to lose .20
[14:57] {Threei}  3 bangs in a row
[14:57] {Threei}  makes day so much brighter
[14:57] {dino} tdw sm l .20
[14:58] {Threei}  FCX, you could proceed lower without rinsing our last portion
[14:58] {magoo} AIG should fall more if mkt tanks vad
[14:59] {Threei}  they all do
[14:59] {Threei}  got the direction right, the rest is pure technique
[14:59] {Threei}  4 shorts, all worked like charm
[15:00] {Threei}  3 we got, 1 Scott did
[15:00] {Threei}  on X
[15:01] {Threei}  S) DEC CONSUMER CREDIT: +$6.1 V +$2.5BE (4TH STRAIGHT MONTH OF CREDIT GROWTH)
[15:03] {kschun} more then +1000 candle on TICK 2 min chart.
[15:04] {kschun} sign for potential low + rebound
[15:11] {ScottM} looking at TCK, broke at .20, down to .85, pulled back to .20 on light volume, (then dump again?)
[15:15] {Threei}  looks like shaping up
[15:15] {Threei}  short about here with stop above .2-
[15:15] {ScottM} need some market help
[15:15] {dino} out tdw +.30
[15:15] {ScottM} k
[15:24] {dino} out syy flat
[15:24] {Threei}  TCK works
[15:24] {ScottM} yes
[15:25] {kschun} SU?
[15:25] {Threei}  no idea... unclear one
[15:25] {magoo} short in AIG vad?
[15:29] {Threei}  hard to tell
[15:30] {nemo} LULU
[15:32] {nemo} LULU short VAD?
[15:33] {kschun} LULU nice looking short in my op. just don't like the spread
[15:33] {Threei}  half lot, 78 break...
[15:35] {Threei}  needless to saay, but I'll say it anyway: invalidated
[15:36] {RonS} she's a heartbreaker...
[15:37] {kschun} CPX interesting. inside bar. stock just under 26. good volume today. may a stock to watch from you guys tomorrow on open. could go in both directions
[15:37] {kschun} LOL ron
[15:37] {Threei}  couldn't be any different, with such name
[15:37] {Threei}  Zizi.. Lulu...
[15:37] {RonS} jezebel
[15:38] {kschun} BAX. just a little late...
[15:38] {RonS} ...heard some think Mona Lisa was a dude...lol
[15:38] {nemo} Well, DaVinci was gay so maybe it was a he/she
[15:39] {nemo} or tranny
[15:40] {RonS} ...could have been a she/he... Moaner Larry
[15:40] {nemo} Why does that bring Les to mind?
[15:40] {RonS} rotflol
[15:41] {Threei}  nowe, I must do this, in case Les reads it:
06[15:41] * Threei slaps nemo around a bit with a large trout
06[15:41] * Threei slaps RonS around a bit with a large trout
[15:41] {nemo} Don't worry, he'll just send me an email and tell me to err, quote: "PISS OFF!"  end quote.
[15:42] {dino} gotta hop, later all
[15:42] {Threei}  and just by a token of being "he who gets slapped regularly,"
06[15:42] * Threei slaps magoo around a bit with a large trout
[15:42] {Threei}  take care dino
[15:43] {RonS} cya dino
[15:49] {ScottM} I have scientific proof that lack of sleep leads to fat fingers and slow brain - my performance today.
[15:49] {ScottM} Think I'll pull the plug
[15:49] {ScottM} Peace everybody.
[15:49] {kschun} great eve to you man!
[15:50] {nemo} moritorite salutamos
[15:50] {Threei}  take care scott
[15:50] {RonS} what he said...i think...
[15:50] {kschun} big volume in CPX, but no real direction
[15:51] {kschun} means would like little explosion to the upside
[15:54] {kschun} o.k. enough. I am out to guys.great eve. thanks to all, especially our bacon-lover :-)
[15:54] {Threei}  ok guys, thank you all
[15:54] {RonS} ...had a good day, thanks 3i
[15:54] {Threei}  have a good evening, see you all tomorrow
[15:54] {Threei}  :)
[15:55] {larisa} bye all :)