Thursday, February 24, 2011

Feb 24 2011

So-so day, with some trades working nicely, some stopped out, overall about breakeven.

Session Time: Thu Feb 24 00:00:01 2011
[08:49] {Threei}  *(US) INITIAL JOBLESS CLAIMS: 391K V 405KE; CONTINUING CLAIMS: 3.79M V 3.880ME
[08:49] {Threei}  - Prior Initial Jobless Claims revised higher from 410K to 413K
[08:49] {Threei}  - Prior Continuing Claims revised higher from 3.911M to 3.935M
[08:49] {Threei}  - 4 week Avg claims: 402K v 417.8K
[09:00] {dino} gm all
[09:01] {Threei}  dino :)
[09:02] {_rambler} goodmorning...
[09:04] {Threei}  rambler :)
[09:05] {_rambler} how is the world looking this morning....
[09:05] {dino} 4 degrees f and sunny
[09:05] {RonS} gm...looking slick rambler
[09:05] {Threei}  ron :)
[09:06] {RonS} ...and i was thinking 22 was cold dino
[09:07] {ScottM} morning :)
[09:07] {Threei}  scott :)
[09:08] {dino} been averaging 6 degrees below normal for last three months
[09:09] {Threei}  that's global warmng speeding up, dino
[09:09] {dino} still have 2 feet snow on ground
[09:09] {RonS} anyone catch pcln at 391 in the ah?
[09:09] {Threei}  when it fully comes in effect, your summer will be Antarctic
[09:09] {dino} indeed
[09:11] {RonS} funny how high oil doesn't put a knock on pcln
[09:15] {ese} gm
[09:15] {Threei}  ese :)
[09:15] {Threei}  you OK there?
[09:15] {_rambler} gm ese
[09:16] {ese} in terms of .......
[09:16] {ese} power out somewhere?
[09:16] {Threei}  being buried in snow?
[09:16] {ese} rambler
[09:16] {Threei}  no, power may come an issue this evening, wind warning in effect :)
[09:17] {ese} were fine here...........4 wheel drive Land Rover Discovery solves alot of problems
[09:17] {Threei}  true
[09:18] {Threei}  spoke to a friend in Winnipeg yesterday, he was very amused when I said "gotta drive around, get some phtos with snow before it meltes away,,," said "weird problem to have - I can photograph snow for 5 months wuithout hurry"
[09:19] {ese} lol
[09:19] {larisa} gm :)
[09:19] {Threei}  larisa :)
[09:19] {larisa} vad, ese :)
[09:19] {Threei}  but I did get a nice one, will post later
[09:19] {ese} my only worries would be if the Wine speciality store closed down on Fort and Foul Bay streets
[09:19] {ese} laris
[09:20] {Threei}  btw, veeryone looked at yesterday's Catch of the Day?
[09:20] {RonS} yes
[09:20] {_rambler} y
[09:20] {ese} not yet
[09:20] {Threei}  and don't anyone dare to ask where it is
[09:20] {ScottM} yes
[09:20] {Threei}  cool
[09:20] {_cabogordon} newbie here. do i go into discussion or floor tab for trade idea's / thxs
[09:21] {Threei}  hi cabo
[09:21] {Threei}  everything is posted in both channels,
[09:21] {_cabogordon} good morning  / thxs
[09:21] {Threei}  #floor just doesn't have anything but my comments, for less clutter
[09:21] {ScottM} yesterday's play of day was great... too bad I was having technical probs at the time...:(
[09:22] {Threei}  so far my impression is,
[09:22] {Threei}  we are to have a recovery day today,
[09:22] {ese} welcome cab
[09:22] {RonS} but don't use it cabo...you need to see dino in action
[09:22] {Threei}  most likely startuing with pullback first thing after the open
[09:22] {Threei}  as those who want out use the bounce to sell into,
[09:23] {Threei}  then bulls take over and carry the flag
[09:23] {RonS} it all depends on the price of oil i'm afraid...
[09:24] {ese} and tea in china?
[09:25] {RonS} herd mentality in full swing it seems
[09:25] {Threei}  ain't it always
[09:25] {Threei}  targeting LVS for short
[09:26] {Threei}  stays in red as market went positive
[09:26] {RonS} i guess but it is often more subtle than now...
[09:26] {Threei}  SLW too, tends to move opposite to the market lately
[09:27] {Threei}  I'd also short Reid in his battle against prostitution as he is bound to lose it, but he is not publickly traded
[09:27] {ScottM} lol
[09:27] {ese} call me crazy but.......it seems like silver is becoming a bit of a hedge like gold or perceived in the same way last few years
[09:27] {Threei}  pretty much, yes
[09:28] {ese} or is it just us on the board playing it all the time
[09:28] {Threei}  ith nuances of coyrse, as silver has more industrial application than gold
[09:28] {RonS} reid could use a few...dingy harry...
[09:29] {ese} thats my perception
[09:29] {ScottM} I have a friend who pays little attention to financial markets who asked me to go with him yesterday to buy some silver
[09:29] {davd} mustang ranch to have a going out of business sale
[09:29] {dino} sign of top
[09:29] {ScottM} contrarian indicator???
[09:29] {dino} yes
[09:30] {Threei}  shoe shining boy indicator
[09:30] {jfjf64} mornin all
[09:30] {Threei}  aka cab driver indicator
[09:30] {ScottM} exactly
[09:30] {Threei}  jf :)
[09:30] {ese} symbol for Harley Davidson is the best symbol going...love it ...HOG
[09:30] {ese} jf buddy
[09:29] {jfjf64} time  to  make  the  donuts
[09:30] {ese} get them to us as soon as you can will ya....
[09:30] {dino} idcc
[09:30] {ese} am already done my first cup of coffee
[09:30] {jfjf64} 6 here
[09:31] {dino} water here
[09:31] {ese} Revs up profit dn idcc dino?
[09:31] {Threei} Short Setup: SLW  .60 break
[09:32] {jfjf64} lol
[09:32] {Threei}  feel free to cover if ou were lucky enough to catch it but I doubt
[09:32] {Threei}  and I didn't evcen have a chance to post short LVS .90 break, lol
[09:33] {Threei}  let's see if we get second chance
[09:33] {Threei}  LVS
[09:33] {Threei}  OK
[09:34] {Threei}  .85 short
[09:34] {Threei}  if stays under .95 scalpers
[09:34] {Threei}  45 day traders
[09:34] {dino} gap around 39
[09:34] {jfjf64} in
[09:34] {dino} idcc
[09:34] {Threei}  1:1 scalpers
[09:35] {Threei}  SLW touched .60 on bounce but again, way too fast
[09:36] {Threei}  not sure in short on the next bounce, time to switch to bottom fishing soon
[09:40] {Threei} Long Setup:  X  .30 break if stays above .20
[09:40] {Threei}  .20 break now
[09:40] {Threei}  if stays abolve .10
[09:41] {Threei}  sheesh
[09:41] {Threei}  same comment as to the first call - take profit if got it but I doubt anyone could
[09:41] {Threei}  things are hectci this morning
[09:42] {dino} itri sm l .30
[09:42] {_rambler} 10 bucks....
[09:42] {Threei}  X same play again
[09:43] {Threei}  CHK
[09:43] {Threei} Long Setup:  CHK  35 break
[09:43] {Threei}  if stays above 34.90
[09:45] {Threei}  no go X
[09:45] {Threei}  market in full recovery mode now
[09:45] {dino} buy the dips
[09:50] {Threei}  (GE) Germany Fin Min Schaeuble: Sees US debt problems as just as bad as those in Europe
[09:50] {jfjf64} tgt  sharp  pull bk
[09:51] {Threei} Long Setup:  LVS  .45 break if holding .90
[09:51] {Threei} Long Setup:  RIMM  .35
[09:51] {Threei}  RIMM 1:1
[09:51] {Threei}  half out and stop to under .30
[09:52] {Threei}  LVS invalidated
[09:53] {Threei}  let it drop under .80
[09:53] {Threei}  and another setup will be .80 recross if ho,ding .70
[09:54] {Threei}  not a scalp
[09:55] {Threei}  first exit is about .95
[09:56] {Threei}  1:1
[09:56] {Threei}  half out .94
[09:56] {jfjf64} ii
[09:56] {Threei}  offer 1/4 more around .05
[09:57] {RonS} got .80 to .97...thxs 3i
[09:57] {Threei}  :)
[09:57] {jfjf64} .97  ton
[09:59] {Threei}  finally something worked in a structured obtainable manner, not that hysterical jumping up and down reminding on crazy anthelope with turpentine up its butt
[09:59] {Threei}  out 1/4 more
[09:59] {Threei}  .14 last exit
[09:59] {Threei}  out
[09:59] {Threei}  nice and clean double bottom
[10:00] {ScottM} nice Vad
[10:00] {Threei}  *(US) JAN NEW HOME SALES: 284K V 305KE
[10:03] {Threei}  how about the precision of that exit
[10:03] {Threei}  2 cents under the high
[10:03] {jfjf64} nice
[10:03] {_rambler} verly nice
[10:04] {ese} expect nothin less cheif
[10:04] {ese} chief
[10:04] {Threei}  oh I am just trolling for "yeah, you can go home"
[10:05] {ese} dino did you get into idcc
[10:06] {Threei}  LVS starts looking like short into this bounce
[10:08] {dino} no
[10:09] {Threei}  LDK Hearing takeover chatter circulating
[10:09] {Threei}  ese, for you
[10:09] {dino} thats just ese's block buys
[10:12] {RonS} ldk sm l .05
[10:14] {ese} sure i wish......take over chatter....by whom
[10:14] {ese} i'm into this for 4k so far.....would be nice
[10:15] {Threei}  Fed's Bullard: Would "never say never" to more easing; Fed continues discussions on adjusting QE2
[10:15] {Threei}  - Q&A
[10:15] {Threei}  - Could stretch QE2 out to Q3 of 2011.
[10:15] {Threei}  - Higher inflation expectations are one of the successes of QE2.
[10:15] {Threei}  - Would prefer a meeting-by-meeting evaluation of QE2.
[10:15] {Threei}  - Oil prices, are a significant factor for households.
[10:18] {dino} ctrp sm l .51
[10:18] {Threei} Long Setup:  RIMM  .85 break
[10:18] {Threei}  half lot
[10:18] {Threei}  if stays above .70
[10:20] {Threei}  invalidated but looking for aggressive entry
[10:24] {RonS} LDK Solar calls active on renewed takeover chatter       02/24 08:24 AM
[10:26] {RonS} after looking at the options that headline is BS
[10:26] {ese} tks ron
[10:27] {ese} doesn't matter thing thing is heading up.......i smell money here
[10:27] {ese} this
[10:28] {ese} the weekly chart is a thing of beauty........might have to take a little heat but i got time
[10:28] {RonS} appears to be distribution so far...will start praying to the gods of dino
[10:29] {dino}  stops are the gods
[10:30] {RonS} and the goddesses?
[10:31] {dino} trailing
[10:31] {ese} lol
[10:31] {RonS} got it now...praying to the sirens of higher prices...
[10:32] {Threei}  uh
[10:32] {Threei}  oh
[10:33] {Threei}  (US) Moody's to analyze sovereign rating impact of the US as the country approaching the statutory debt ceiling
[10:33] {Threei}  - Believes in unlikely event of a default, that Congress and President Obama would take quick action and resolve the situation within a few days
[10:33] {Threei}  - Believes that the US has a several options to avoid missing a debt payment in the unlikely event that a political consensus could not be reached in time
[10:33] {ese} uh
[10:33] {ese} ohhh
[10:34] {RonS} get cajones and just do ti...that statement is gobbledygook
[10:34] {ese} dino and mags/ nemo et al......are gonna have to prop the country up
[10:35] {RonS} how and why these ratings agencies are in business is beyond me
[10:35] {RonS} where is the credibility?
[10:36] {RonS} sxci ripping
[10:37] {jfjf64} yep
[10:38] {Threei}  ugh LVS
[10:39] {Threei}  had right idea of shiort, never fiound setup
[10:39] {ScottM} LVS breaks  down at .70.... could go big I think
[10:40] {Threei}  45 break in retrospect was it
[10:41] {Threei}  wasn't really visible to me at the time
[10:41] {Threei}  but the power of hindsight...
[10:41] {ScottM} yes
[10:44] {Threei} Short Setup: RIMM  .50 break
[10:44] {Threei}  half lot
[10:47] {Threei}  1:1
[10:48] {strider} setting on vwap
[10:49] {Threei}  1:2.5
[10:51] {strider} out .25
[10:52] {Threei}  Just 9% Agree U.S. Has Worlds Best Tax System
[10:52] {Threei}  hmmm... I thought the % of those who never pay a cent but get rebates was higher
[10:52] {dino} those are the irs
[10:53] {Threei}  or they just think they should get bigger rebate?
[10:53] {RonS} rimm .52 to .22...thanks 3i
[10:53] {Threei}  1:3
[10:53] {Threei}  :)
[10:54] {ese} l ldk .04
[10:54] {_rambler} you still in RIMM Vad?
[10:54] {Threei}  no, out
[10:54] {_rambler} ya ha...
[10:54] {RonS} Followup:  100% have no idea what the tax system is since it is beyond understanding
[10:54] {jfjf64} lol
[10:56] {RonS} i maintain that if Congress was required to do their own taxes every year, and get audited by the IRS the system would change
[10:57] {RonS} dagdabit ldk breakout would ya...
[11:01] {Threei}  *DOE PETROLEUM INVENTORIES: CRUDE: +820K V +1ME; GASOLINE: -2.8M V +500KE; DISTILLATE: -1.33M V -1ME; UTILIZATION: 79.4% V 81.6%E
[11:07] {davd} aclu will be all over the guy that reported Khali
[11:07] {davd} racial profiling
[11:07] {RonS} who?
[11:08] {RonS} Khali?
[11:08] {RonS} the only khali i know is another of 3i's fave...khaliflower
[11:09] {Threei}  hmmm
[11:09] {Threei}  broccoli's cousin?
[11:09] {davd} check news - student in texas -
[11:14] {Threei}  wow
[11:14] {Threei}  RIMM
[11:14] {Threei}  why did we evcer cover it
[11:15] {ScottM} Ok LVS, time to pay me for my patience with you
[11:16] {RonS} out ldk -.15
[11:23] {jfjf64} slw  bounce
[11:23] {jfjf64} ?
[11:24] {Threei}  not yet, IMO
[11:29] {RonS} hey dave, the aclu couldn't find Lubbock...and if they did would leave immediately
[11:30] {davd} nah they love that crap
[11:30] {ese} just got back from dropping the kids off.......big time ice on the roads here vad......you say there is a wind storm coming
[11:30] {RonS} weat texas makes east wyoming look interesting
[11:30] {RonS} west
[11:31] {davd} east wy?  the least populated part of the least populated state?
[11:32] {RonS} actually the biggest town in wy are in the east
[11:32] {RonS} towns
[11:34] {RonS} those big windstorms in the northwest are really cool
[11:34] {_rambler} O.K. Vad...I'm back after quick run to school to deposit child in governments care..........
[11:35] {RonS} get a sustained wind of 60-70 mi/hr and all of the forest just bend and lay down
[11:35] {_rambler} bring on the trade of the day....
[11:35] {Threei}  hmmm
[11:36] {_rambler} RIMM looks good....still
[11:37] {_rambler} long RIMM here.....?
[11:38] {Threei}  nah
[11:40] {strider} l slw .30
[11:40] {strider} stop .25
[11:41] {RonS} is that allowed?
[11:42] {strider} apparently not
[11:52] {strider} covered short slw .15--.03
[11:58] {Threei}  you are complicated man
[11:59] {strider} you talkin' t' me?
[11:59] {strider} (in best de Niro accent)
[12:00] {Threei}  who else goes long at .30, then covers short at .15 for -.03 {GGG}
[12:00] {strider} noo no.
[12:00] {strider} covered long, then went short at .15
[12:00] {strider} exited at .03 for +.12
[12:01] {dino}  out ctrp .00, +.49
[12:01] {strider} stopped long, I should have said
[12:01] {strider} rimm looking short to me
[12:02] {Threei}  I need something stronger than kefir to untangle that
[12:02] {strider} two trades:  first long at .30, sttopped out at .24
[12:02] {strider} second trade: short at .15, covered at .03
[12:03] {strider} shoet rimm .20
[12:05] {strider} bidding .04
[12:05] {dino} idcc pretty good drop
[12:07] {strider} stop rimm +.03
[12:08] {Threei}  LVS
[12:09] {Threei}  watching for short into bounce
[12:11] {dino} idcc sm l .25
[12:11] {strider} jeez, lvs not in my short list
[12:15] {RonS} Brent crude nears $120 a barrel as Libya output falls
[12:18] {Threei}  Societe Generale CEO: European economy has improved more than expected; govts will do what is necessary to maintain euro unity - CNBC interview- Spain's situation is not the same as Ireland or Greece
[12:18] {Threei}  worse??
[12:25] {dino} out idcc .66, +.41
[12:26] {RonS} wtg
[12:26] {_rambler} G1 Dino....
[12:26] {dino} thx
[12:26] {Threei}  nice
[12:26] {dino} should've took .85, but thought it would break out
[12:29] {strider} sh fcx .21
[12:34] {_cabogordon} short opp on BW ?
[12:36] {strider} cover .07 +.14
[12:37] {Threei}  BW is horrble trader
[12:37] {dino} gj
[12:37] {Threei}  impossible to control risk
[12:42] {_cabogordon} an
[12:45] {strider} slb
[12:46] {strider} hrz haldted news pending
[12:47] {strider} halted
[12:47] {strider} there's one for you dino
[12:47] {Threei}  there is news
[12:47] {strider} approaching 100,000 shares already
[12:47] {Threei}  Horizon Lines Inc Halted; Plead guilty to price fixing to the DoJ
[12:48] {strider} picky picky
[12:49] {Threei}  Plead guilty to price fixing in the coastal water freight industry; will pay $45M criminal fine- Allegations stemmed from conspiracy to fix rates and surcharges for freight between the US and Puerto Rico from 2002 to 2008
[12:49] {dino} hate halts
[12:52] {strider} hal db interesting
[12:53] {dino} idcc sm l .08
[12:56] {_cabogordon} is threei the only shot caller or is dino and strider all part of mgmgt
[12:56] {strider} ahem
[12:56] {_cabogordon} ?
[12:57] {strider} :)
[12:57] {Threei}  people sgare their plays
[12:57] {_cabogordon} thanks for your patience towards the newbie, need to get the learning curve out of the way to see if i can find a home here
[12:57] {Threei}  share
[12:58] {Threei}  others observe and track, to see whose skills and style they are comfortable with
[12:58] {_cabogordon} thxs
[12:58] {Threei}  in a short while you'll see who plays what
[12:58] {Threei}  for instance, dino's plays are usually thinner stocks, higher risk, smaller lots, wider stops, farther targets
[12:58] {dino} cabo-wabo, 3i is paid caller. i just call my trades because it reinforces discipline for me
[12:58] {strider} missed a good c&h R
[12:58] {strider} IG
[12:58] {strider} RIG
[12:58] {Threei}  he also tends to play reversals more often
[12:59] {dino} idcc stop is .82
[12:59] {Threei}  my trades tend to be with tighter risk control, bigger lots
[13:00] {_cabogordon} you guys trading off a 5 or 15 min chart
[13:00] {Threei}  smaller stops and targets
[13:00] {Threei}  and more trend following
[13:00] {Threei}  1 min and daily here
[13:00] {strider} 1m/3m here
[13:00] {_cabogordon} scalping
[13:00] {dino} stop idcc
[13:01] {_cabogordon} need to adjust my interevals with you guys
[13:01] {Threei}  look at our trading logs
[13:01] {_cabogordon} my favs macd , rsi, bollengar and vol, off course candles
[13:01] {Threei}  there are often mini-lessons at the beginning
[13:01] {Threei}  illustrate our approach well
[13:02] {_cabogordon} thxs
[13:02] {_cabogordon} u guys trade the tape
[13:02] {Threei}  everyone trades the tape
[13:02] {Threei}  not everyone realizes it
[13:02] {_cabogordon} i have some dd to do
[13:02] {RonS} is nemo ill?
06[13:02] * Threei slaps nemo around a bit with a health-checker
[13:03] {strider} l fcx .38 1/2
[13:05] {strider} out .57 +.19
[13:05] {Threei}  see this play cabo?
[13:05] {Threei}  very typical for us
[13:06] {Threei}  consolidation, breakout, spike
[13:06] {Threei}  entry on break, exit into spike
[13:06] {Threei}  easy scalp
[13:06] {kschun} you mean the fcx play ?
[13:07] {Threei}  yes, by strider
[13:07] {kschun} yeap, nice setup
[13:08] {_cabogordon} was that a earlier call, i stepped away from screens earlier
[13:08] {Threei}  no
[13:09] {Threei}  he is all grownup, he found it all by himself
[13:09] {Threei}  we operate a bit differently from most chat rooms, you see
[13:09] {Threei}  we are not pure stock pickers
[13:09] {Threei}  our emphasis is on education
[13:09] {_cabogordon} clf
[13:09] {Threei}  we teach people how it's done
[13:09] {_cabogordon} catching a bid
[13:10] {Threei}  and make calls as illustrtation and reinforcement of the concept
[13:10] {Threei}  so it's normal to see folks making trades on their own and posting them
[13:11] {RonS} something to consider:  http://tinyurl.com/69w9b8p
[13:11] {Threei}  SA, yeah... psted it in the morning
[13:13] {Threei}  what the deuce.. strider didn't even retort to my "all grown-up" remark... feeling well there?? :)
[13:14] {RonS} ...cannot see gordon and not think of Gordon Pasha...
[13:15] {Threei}  students march in Canada, supporting Libya and sporting banners saying: Dictator, stop destroying our country
[13:16] {Threei}  I wonder how much damn dictator gives about them
[13:16] {RonS} Oh Canada...
[13:17] {dino} idcc rinsed
[13:17] {Threei}  http://www.realitytrader.com/vad/giveadamnprogress2mz.gif
[13:20] {RonS} kind of a C&H on the ldk intraday
[13:20] {Threei} Long Setup:  X  .65
[13:20] {Threei}  if not losing .55 anymore
[13:21] {RonS} oops
[13:21] {Threei}  invalidated, let's look for aggressive entry
[13:22] {Threei}  unclear above .50, better let it lose .50 and enter on recross
[13:22] {Threei}  if hoding .40
[13:22] {Threei}  here it is
[13:23] {Threei}  (US) Three Congressional Democrats urging US Pres Obama to release oil from strategic petroleum reserve (SPR)
[13:24] {patience} ha, didn`t i mention this to you....    :)
[13:25] {Threei}  Rare earth prices gain sharply as China reins in supply - Nikkei News
[13:25] {Threei}  - The price of neodymium, one of the raw materials for magnets used in hybrid-vehicle motors, has shot up 60% since December to 170-190 dollars per kilogram. Cerium, used to polish LCD-screen glass, has seen a 46% price hike. Dysprosium alloys are changing hands at a price 31% higher.
[13:25] {Threei}  - Negotiations between Chinese rare-earth producers and Japanese importers finally got underway recently, later than in a typical year because producers took longer to come up with offers. So far, Japanese users have been accepting high prices since many of them are anxious to secure supplies.
[13:25] {_cabogordon} threei , x was a L set up if 45.50 is taken out ?
[13:26] {Threei}  yes, and if kept above .40
[13:26] {Threei}  56.50 you meran
[13:26] {Threei}  mean
[13:26] {_cabogordon} correct. need to learn your language.
[13:27] {strider} good luck :)
[13:27] {Threei}  there is a dictionary of Threeish somewhere on the site...
[13:27] {Threei}  A is for bacon
[13:27] {RonS} voluminous w/ all the spelling possibilites
[13:27] {Threei}  you mean misspelling possibilities
[13:28] {_cabogordon} all the above
[13:28] {Threei}  cabo, we have a lot of free educational material on the site
[13:28] {Threei}  Free Lessons and Educational Blog
[13:28] {Threei}  take your time to go over those
[13:29] {_cabogordon} will review before my next series of dumb questions
[13:29] {Threei}  lol
[13:29] {Threei}  the only dumb question is: should I buy any of your paid courses
[13:29] {RonS} lol
[13:29] {Threei}  because the answer is resounnding yes, lol
[13:30] {_cabogordon} lol
[13:30] {Threei}  actually no... I just thought of another dumb question
[13:30] {Threei}  what is better for you, bacon or broccoli
[13:30] {Threei}  this is principled stance for me... broccoli is a root of all evil
[13:31] {Threei}  look at this and tell me, does the language sound familiar:
[13:31] {Threei}  (LB) White House Press Sec: In answering question on whether military intervention in Libya is an option, notes administration won't take anything off the table
[13:32] {Threei}  and this guy came to presidency critisizing Bush?
[13:32] {Threei}  word in word
[13:33] {RonS} this from a guy who gets busted up playing basketball?
[13:33] {_rambler} 3i, is Intelliscan part of the monthly fee or is it an extra...?
[13:34] {Threei}  fee for what?
[13:35] {_rambler} the monthly 299.00 or whatever it is ....
[13:35] {Threei}  room? no, scanner is a separate product
[13:35] {_cabogordon} how much is the chat room post trial
[13:35] {Threei}  http://www.realitytrader.com/tradingroom/
[13:35] {RonS} you haen't had your tial yet...nemo is silent
[13:36] {RonS} trial
[13:36] {kschun} doesnt matter how much it cost, one VAD-99%-HIT-RATIO-CALL and fee is in. :-)
[13:36] {kschun} no joke
[13:36] {_cabogordon} thats the way i see it / cheers
[13:36] {_rambler} everybody using Intelliscan........?
[13:37] {RonS} no
[13:37] {Threei}  hmmm... I can see kschun's personal rate going up ten-fold
[13:37] {RonS} i guess the swiss don't play poker
[13:37] {_rambler} anybody....?
[13:38] {kschun} nope, no poker :-) only trading
[13:38] {kschun} yeah, using same scanner _rambler.
[13:38] {kschun} priceless for what you get
[13:39] {kschun} could not trade without a real-time scanner
[13:39] {_rambler} good to know....Dino, are you using it?
[13:39] {Threei}  (LB) White House Press Sec: expects US action on Libya within days
[13:39] {kschun} VAD: please check out VIV short on 35.10. was this setup o.k.?
[13:40] {Threei}  about 15-17 min ago?
[13:40] {Threei}  yep, nice one
[13:41] {kschun} yeap
[13:41] {Threei}  aggressive entry for 35 break
[13:41] {kschun} not my favourite, was play against a strong sector. but setup think was o.k.
[13:41] {Threei}  exactly the way I'd play it
[13:41] {RonS} how do you pronounce that?...yeap
[13:42] {kschun} sorry, will find english way, = yeah :-)
[13:42] {Threei}  it's a "yep" said while jumping
[13:42] {Threei}  so it's a hybrid of yep and leap
[13:42] {RonS} rotflol
[13:42] {kschun} LOL
[13:42] {_rambler} Vad, is Intelliscan same same as Trade Ideas scanner....?
[13:43] {Threei}  told ya.. Threeish is a rich language
[13:43] {Threei}  it's the same engine,
[13:43] {Threei}  a few of our poprietary setup and my personal layout added
[13:43] {_rambler} so better....
[13:43] {Threei}  I'd say, added value
[13:44] {ese} i'm outta here all......am not really contributing much other than watching ldk.......cya tomorrow
[13:44] {Threei}  take care ese
[13:44] {RonS} cya ese
[13:44] {ScottM} trying Aig short @ .68 with small stop aove 75
[13:44] {ese} cya vad ron
[13:44] {_rambler} cya ese....
[13:45] {Threei}  lol
[13:45] {Threei}  swiss froze dadhafi assets
[13:45] {Threei}  gadhafi
[13:47] {davd} also froze mubarak assets
[13:48] {strider} it pays to watch where your assets.
[13:48] {Threei}  see the pattern?
[13:48] {Threei}  you are fine while you are in power, no matter how you make your money
[13:48] {patience} tsx tanking, 1300 broken thru on S&p
[13:49] {Threei}  but the day you lose your position, we are all suddenly so strict with morals
[13:49] {strider} wonder if this is the pullback starting?
[13:50] {Threei}  who knows... situation with mideast is too liquid
[13:50] {Threei}  if Saudi Arabia explodes, all bets are off
[13:50] {patience} or a hedge fund liquidation
[13:51] {patience} because gold and silver futures arent tanking, but stocks are
[13:53] {strider} RIG
[13:53] {kschun} LNC
[13:54] {strider} late
[13:54] {strider} wow look at that spread
[13:54] {strider} rig
[13:55] {strider} short .40
[13:56] {strider} 1/2 .24
[13:56] {Threei} Long Setup:  LVS  .10 break
[13:56] {Threei}  if holding 44
[13:56] {strider} 1/4 .12
[13:57] {Threei}  most likely just a scalp
[14:00] {strider} stop b/e on lasgt 1/4
[14:00] {strider} last
[14:00] {Threei}  1:1
[14:01] {_cabogordon} nice call LVS
[14:03] {strider} stop -.01
[14:03] {strider} last 1/4 rig
[14:03] {davd} oil dropping re uso
[14:04] {Threei}  1:2
[14:04] {Threei}  don't oversit it
[14:04] {Threei}  I am not too jazzed about sustained bounce
06[14:05] * Threei multiples kschun room rate by two
[14:06] {davd} drop poss re chem weapons w ghaddafi , per cnbc
[14:06] {strider} RIG is jumpy as a cat eating briars
[14:06] {kschun} MOTR read vad?
[14:07] {Threei}  short if anything
[14:07] {Threei}  daily is horrible
[14:07] {Threei}  intraday is not much better
[14:08] {Threei}  (LB) Kaddafi may have a stockpile of chemical weapons that he would consider utilizing - CNBC's Pisani citing Al Jazeera
[14:08] {Threei}  ahhh.. WMD...
[14:08] {Threei}  we have to go in
[14:08] {Threei}  everyone knows we are good at finding those
[14:08] {_rambler} giddy up....
[14:09] {RonS} ...to the shores of Tripoli...
[14:09] {kschun} SCO
[14:10] {davd} does cheney have ops there?
[14:11] {dino} yhoo gap fill jan
[14:13] {dino} davd, no, but xbox does
[14:15] {davd} good one dino
[14:15] {dino} :)
[14:16] {dino} out fosl .56, +.36
[14:16] {davd} gold dropping also re gld
[14:17] {strider} nas is green
[14:17] {davd} need a tissue strider
06[14:17] * strider slaps davd around a bit with a large box of kleenex
[14:18] {strider} pre-owned
[14:19] {strider} RIG c&h
[14:19] {strider} inverse
[14:20] {strider} too much support there
[14:22] {strider} bidding for long .09 rig
[14:23] {strider} cancel
[14:24] {strider} wanted a spike down, not a crawl down
[14:25] {strider} ahhhh
[14:29] {strider} slw pretty sad lookiing
[14:30] {strider} down 4.5%
[14:30] {kschun} was a great short setup earlier.
[14:30] {kschun} unbfortunately didnt have it on my list today
[14:31] {kschun} it is vad's fault, normally he is giving those calls :-)
[14:31] {strider} would have been hard to find an entry earlier in the day.
[14:32] {kschun} ? .70 break down was a reasonable trade in my op
[14:32] {kschun} however looking back and saying such stuff I hate...
[14:32] {kschun} so, I didn't say anything :-)
[14:32] {strider} didn't hear anything
[14:33] {kschun} LOL
[14:33] {Threei}  "it is vad's fault"... sounds soo familiar... is my wife here somehwre?
[14:33] {kschun} LOL
[14:33] {ScottM} lol
[14:33] {kschun} please vad, explain why you missed this call.
[14:33] {strider} it could be _notvad's wife
[14:33] {kschun} looking too similar to your kind of calls :-)
[14:33] {Threei}  yes sir
[14:34] {Threei}  I will get right to it sir
[14:34] {Threei}  explaining all my misses
[14:34] {Threei}  failts
[14:34] {Threei}  flaws
[14:34] {Threei}  shortcomings
[14:34] {kschun} ah, love this "sir" LOL
[14:35] {Threei}  briuef overview of all my failures will take about a year, full one - a decade... so, see you in 2021
[14:40] {strider} ewmg
[14:40] {strider} wmg
[14:40] {strider} ll.com: Warner Music being eyed by industrialist Len Blavatnik. LA Times reports
[14:45] {strider} if anhone can stomach a long on slw, it's in jbe setup
[14:45] {strider} anyone
[14:46] {strider} may be just a bear flag
[14:48] {ScottM} seems like more selling volume than buying volume in consolidation range (slw)
[14:56] {RonS} hearing unconfirmed rumor that Col G has been shot
[14:56] {Threei}  by one of loving sons?
[14:57] {patience} my thought too vad
[14:57] {RonS} ...a goat
[15:00] {dino} saw that on real money, unconfirmed
[15:02] {strider} slw short .20
[15:03] {Threei}  Algeria ends 19-year state of emergency
[15:03] {Threei}  lol
[15:05] {RonS} BENGHAZI, Libya - Libyan leader Moammar Gadhafi on Thursday blamed the uprising in his country on al-Qaida followers who give young Libyans hallucinogenic pills in their coffee to get them to revolt.
[15:05] {Threei}  sounds about right to me
[15:05] {RonS} yep
[15:05] {RonS} or yeap
[15:05] {dino} roflol
[15:06] {dino} i think somebody is slipping moammar something in his coffee\
[15:06] {strider} out 1/2 .14
[15:07] {RonS} the guy looks like a puff pastry...i mean come'on man...
[15:08] {RonS} ...and those teefs...can't he afford caps?
[15:09] {Threei}  he is too manly for that
[15:09] {dino} looks like he's playing for the other team
[15:10] {strider} 1/4 .08 +.12
[15:11] {strider} stop bal to .25
[15:13] {kschun} bal? spread like 0.3?
[15:14] {strider} huh?
[15:15] {kschun} symbol you trade is BAL?
[15:15] {strider} no. bal=balance
[15:15] {strider} of position
[15:15] {strider} in slw
[15:15] {Threei}  capitalize the symbols...
[15:15] {RonS} bal=balnace  as in the balance of his position since he sold a quarter
[15:15] {Threei}  helps with confusion
[15:15] {kschun} ... sorry. :-)
[15:15] {kschun} just switching chats, so I got confused... :-)
[15:16] {strider} OK/  but you gotta do that too, vad. :)
[15:16] {Threei}  'cause I had this unpleasant experience, when a russian speaking girl asked me what I played, and I saud "long dura"
[15:16] {Threei}  now... there was a stock DURA
[15:17] {Threei}  but since I never capitalized it, she took it literally,
[15:17] {Threei}  and dura in russian is "she-fool
[15:17] {strider} out last .95 +.25
[15:17] {RonS} nice trade and job strider
[15:18] {Threei}  she was very insulted but the sentence that translated literally meant "I am long, you fool"
[15:18] {Threei}  but = by
[15:18] {strider} thanks ron, I think it's going on down, but no more shares.
[15:19] {RonS} wow...ese is singing now...ldk
[15:19] {Threei}  nice
[15:20] {strider} you know I boiught that on the wrong side of the channel vad.
[15:20] {strider} whould have been aggressive entry
[15:20] {strider} should
[15:20] {strider} for stop security
[15:21] {Threei}  a bit, yeah
[15:21] {strider} I mean sold it
[15:25] {davd} crisis averted.  what took so long?
[15:26] {Threei}  there was crisis?
[15:27] {dino} dji wants green
[15:27] {Threei}  see SLW dropping like a stone while market goes green?
[15:28] {RonS} remind me to tell ese about BOOM...i think they make explosives
[15:28] {Threei}  lol
[15:29] {RonS} oil futes at 96...-7 from overninght
[15:31] {Threei}  second-largest city is taken by protesters
[15:31] {Threei}  guy is done
[15:31] {Threei}  put a fork in him
[15:31] {kschun} lol :-)
[15:32] {dino} have to leave early, letting itri ride
[15:32] {Threei}  ukrainian nurse is looking for work
[15:32] {strider} what does she look like?
[15:33] {RonS} lol
[15:33] {Threei}  dunno, but they say:
[15:33] {Threei}  voluptiuos
[15:33] {Threei}  blonde
[15:34] {kschun} any read in RIMM vad?
[15:35] {Threei}  up off pullback
[15:35] {Threei}  the close to 66 you can get it the better
[15:37] {RonS} quote of the day:  if they just "Weekend at Bernie's" Gaddafi would anyone be able to tell?
[15:44] {Threei}  RIMM is ready
[15:44] {Threei}  .05 long
[15:45] {Threei}  if stays above .95
[15:51] {Threei}  invalidated
[15:51] {Threei}  and too close to end for short
[15:51] {_rambler} dang durn darn....
[15:52] {Threei}  indecisive day
[15:52] {Threei}  coud be putting a bottom to pullback, and could be just a pause on the way down
[15:52] {Threei}  no way to tell
[15:54] {Threei}  SLW
[15:54] {Threei}  wow
[15:59] {_rambler} well, that's a wrap....
[16:00] {Threei}  thank you all
[16:00] {strider} thanks vad
[16:00] {Threei}  have a good evening, see you tomorrow
[16:00] {ScottM} take care
[16:00] {larisa} bye :)
[16:00] {_rambler} how would you rate this day Vad, 1 to 10 scale....
[16:00] {Threei}  4
[16:01] {_rambler} that's how it feels to me as well...
[16:02] {_rambler} thanks , see you tomorrow, GN all....
[16:02] {kschun} night and thanks to all!
[16:02] {_rambler} check out SLW....
[16:02] {strider} SAUDIS TO RESCUE; VOW TO PUMP MORE
[16:03] {strider} Oil dropped sharply following Saudi Arabia's assures it could fill any Libyan supply shortfalls and unconfirmed rumors Libyan leader Muammar Gaddafi had been shot.