Tuesday, March 15, 2011

Mar 15 2011

Strong active day with many good trades and just two small stops. Really wish such good trading activity would come without such tragic circumstances.


Session Time: Tue Mar 15 00:00:00 2011
[08:30] {Threei}  *(US) MAR EMPIRE MANUFACTURING: 17.5 V 16.1E
[08:32] {nemo} HIT is taking a hit
[08:33] {Threei}  what isn't
[08:34] {nemo} bonds and the dollar
[08:36] {Threei}  dollar... one would expect much more strength there...
[08:37] {nemo} it's moving
[08:38] {Threei}  loonie is taking it on he chin, hard
[08:39] {Threei}  makes me feel better
[08:39] {patience} made me look
[08:40] {Threei}  returned to parity in one jump
[08:40] {patience} oh well, it was over valued
[08:40] {Threei}  by factor 2 if you ask me
[08:47] {nemo} Yep...got REM swimming around in my head
[08:50] {patience} good grief, those puts i bought last november are now paying off...who would have thunk
[08:50] {davd} back to where we started the year on s&p
[08:51] {davd} such patience patience
[08:53] {patience} well, i'm so risk adverse I have 2 packed bags in the front closet in case our Rim of Fire location gets it own little jolt
[08:54] {Threei}  G8 ministers issued dire warning to Ghadafi if he continues killing people
[08:54] {Threei}  color him frightened
[08:55] {patience} has the Fed issued any sort of statement pre-market?
[08:56] {Threei}  about what?
[08:57] {patience} stabilizing markets if needed
[08:57] {Threei}  nope
[08:57] {patience} wondered if they were going to use the opportunity to slide in idea of a qe3
[08:58] {Threei}  USD/CHF Sets fresh lifetime lows below 0.9195
[08:59] {RonS} gm...chf=loonie?
[08:59] {Threei}  no, swiss frank
[08:59] {Threei}  loonie is CDN
[08:59] {RonS} ah
[09:01] {dino} gm all
[09:02] {Threei}  dino :)
[09:02] {Threei}  strider, how's hangover?
[09:02] {Threei}  good and proper?
[09:03] {strider} nah.
[09:04] {strider} don't do that.  
[09:04] {strider} haven't had a hangover in many years.
[09:04] {Threei}  oh well
[09:04] {Threei}  nemo shrugs at this sad sight of wasted birthday
[09:05] {dino} lol
[09:05] {nemo} it's E tu Brute day
[09:05] {dino} slv hit
[09:06] {nemo} got alot of gaps to close this morning
[09:07] {dino} indeed
[09:08] {dino} s/p 1286, 1276 from jan
[09:08] {dino} dji 11671, ndx 2270
[09:10] {RonS} ge nuclear div was in san jose ca.  knew a guy who worked in the core.  was a physical wreck.
[09:11] {Threei}  (LB) G8 countries call for additional economic sanctions for Libya, requests evaluation of measures to protect civilians
[09:11] {RonS} they exited the biz in the '70's
[09:11] {Threei}  knew a few folks who worked in Chernobyl during containment/restoration efforts, years after explosion... the same
[09:14] {rambler} morning all...
[09:14] {Threei}  rambler :)
[09:15] {larisa} gm :)
[09:16] {Threei}  larisa :)
[09:17] {larisa} :)
[09:22] {RonS} wow the long term usd/chf is fugly...1.80 in '00 to .9176 now
[09:23] {ese} morning
[09:24] {Threei}  ese :)
[09:24] {Threei}  (LB) Paris G8 Finance Minister final Communique not mention no-fly zone for Libya
[09:24] {RonS} =no no-fly?
[09:25] {Threei}  not at all
[09:26] {Threei}  god, people are so susceptible to hysteria... BC residents buy in quantities potassium drops
[09:27] {Threei}  as anti-radiation aid
[09:27] {nemo} the radiation released won't even reach you as radioactive
[09:27] {RonS} lol
[09:27] {Threei}  incredible
[09:27] {RonS} northwest hippies...
[09:27] {Threei}  how on earth have we managed to survive as species
[09:28] {RonS} shear luck
[09:28] {Threei}  the level of stupidity observed excludes intelligenece as survival quality
[09:28] {Threei}  Darwin was wrong
[09:28] {Threei}  something else must be at play
[09:29] {Threei}  - Russia Foreign Minister: Asks the Arab League to provide more concrete details on the sort of no-fly zone they would be looking for
[09:29] {Threei}  OK guys, skipping first hysteria,
[09:29] {Threei}  then looking to short the bounces
[09:30] {Threei}  unless we sell off so deep during opening that bounces are to be bought
[09:31] {Threei}  in any case, all initial plays are for half lot
[09:31] {patience} tsx down 361 points
[09:33] {Threei} Long Setup:  LVS  .25 break if holding above .10
[09:35] {Threei}  1:1
[09:35] {Threei}  1:2
[09:36] {strider} another earthquake in japan
[09:36] {strider} Tokyo
[09:36] {Threei}  1:3, out
[09:36] {strider} 6.2
[09:37] {Threei} Short Setup: SLW  39 break
[09:37] {Threei}  if stays under .10
[09:37] {Threei}  no go
[09:38] {Threei} Short Setup: SLW  .20 break
[09:39] {Threei}  if stays under .30
[09:39] {dino} kub sm l .60 stop lod
[09:39] {Threei}  1:1
[09:41] {dino} jdsu sm l .75
[09:44] {Threei} Long Setup:  RIMM  .85 break
[09:44] {Threei}  half lot
[09:45] {Threei}  1:1
[09:47] {dino} out kub ave .89, +1.29
[09:48] {Threei}  wtg
[09:48] {dino} ty
[09:49] {Threei}  1:2
[09:49] {davd} nemo thoughts s&p bounce to 1275 resistance?
[09:49] {dino} meli sm l .05
[09:50] {nemo} It's in multiple resistance zone between .25 and .50, retracement from the lows is 50% @128.25 and S3 on daily is 127.82
[09:51] {ese} nice one with kub dino
[09:52] {Threei} Short Setup: SLW  .50 break
[09:52] {Threei}  oops... late
[09:52] {dino} ty
[09:53] {Threei}  wait for bounce
[09:53] {jfjf64} mornin
[09:53] {Threei}  hey jf
[09:53] {jfjf64} caught rimm
[09:53] {jfjf64} ty
[09:53] {Threei}  :)
[09:54] {jfjf64} lvs
[09:54] {jfjf64} pullbk
[09:54] {jfjf64} ?
[09:54] {jfjf64} long
[09:54] {Threei}  need deep pullback
[09:54] {Threei}  around .40 probably
[09:54] {jfjf64} k
[09:55] {Threei}  SLW 1:1 who got it on bounce to trigger
[09:55] {Threei}  1:2
[09:56] {Threei}  LVS is trying to break out instead of pullback
[09:57] {patience} nice call on slw vad, i'm 100% in cash, just waiting
[09:57] {nemo} might get spy bounce here vwap
[09:57] {dino} jdsu stopped -.35
[09:57] {Threei}  ugh, covered too soon SLW
[09:58] {Threei} Long Setup:  LVS  .80 break
[09:58] {Threei}  ummm
[09:58] {Threei}  .90, sorry
[09:58] {Threei}  if holding .80
[09:59] {dino} db in making on markets?
[09:59] {Threei}  short term only, IMO
[09:59] {Threei}  overall, I feel we will get more selling
[09:59] {patience} gold and silver options expiry is march 28th....my short covering approach is no longer valid
[10:00] {Threei}  *(US) MAR NAHB HOUSING MARKET INDEX: 17 V 17E
[10:00] {strider} you going to full lots yet, vad?
[10:00] {Threei}  no
[10:01] {patience} http://blog.alphascanner.com/
[10:01] {nemo} my buddy Billy O'Nair
[10:02] {patience} i enjoy his work
[10:02] {nemo} He really knows his stuff
[10:02] {dino} bet, we go up, close -50 or so
[10:03] {Threei}  (US) Treasury Sec Geithner: Must wind down the GSEs at a careful, deliberate pace, asks Congress to act on changes to the GSEs within two years
[10:03] {Threei}  - Moving too quickly on GSE reform could hurt the housing market or the economy as a whole.
[10:03] {Threei}  - Working on national standards for mortgage servicing, to help correct chronic problems in the industry.
[10:03] {patience} this time i disagree with you dino
[10:03] {dino} thats what makes a market
[10:03] {Threei}  - Sees net losses at Freddie and Fannie at $73B by 2021
[10:03] {dino} we are the safe haven trade
[10:03] {patience} yup and pays the bills   :)
[10:04] {Threei}  I dsagree with him always, even when I agree - otherwise how do we make those beer bets on market close
[10:04] {dino} ;)
[10:05] {patience} tsx is down 326
[10:06] {dino} jdsu sm l .55
[10:07] {dino} .
[10:08] {dino} having quote issues
[10:09] {Threei} Long Setup:  LVS  .80 break
[10:09] {Threei}  this one is full lot
[10:09] {Threei}  stop under .70
[10:10] {Threei}  1:1, half out
[10:10] {Threei}  offer 1/4 just under 37
[10:11] {Threei}  1/4 more out
[10:11] {Threei}  out in full
[10:11] {Threei}  .15
[10:11] {Threei}  +.33
[10:11] {Threei}  that was fun
[10:11] {strider} I missed it.
[10:11] {strider} usual.
[10:11] {nemo} it broke fast
[10:12] {Threei}  .82 was gettable
[10:12] {nemo} Mine was at .83 when I got their
[10:12] {strider} wht can I say?
[10:12] {strider} I missed it.
[10:17] {Threei} Long Setup:  SLW  .90 break
[10:17] {Threei}  stop under .80
[10:18] {Threei}  half out
[10:19] {ese} wow nemo....thats some article......who is this fellow/friend of yours?  Have not heard of him before
[10:19] {Threei}  stop to under b/e
[10:19] {dino} sm l flr .20
[10:19] {nemo} lives in Belgium, former market maker on one of the exchanges over there
[10:20] {ese} where did you meet him?
[10:20] {nemo} convoluted story
[10:20] {Threei}  1:2
[10:20] {Threei}  1/4 more out
[10:21] {Threei}  check out this one, ese:
[10:21] {ese} ahhh
[10:21] {Threei}  http://blog.alphascanner.com/?p=369
[10:21] {Threei}  bottom of the post
[10:21] {Threei}  starting from
[10:21] {Threei}  Ive been offered a very valuable course by a fellow trader named Nemo.
[10:21] {ese} yes i saw that in nemos post......it quotes you
[10:21] {Threei}  strider... this one you got, right?
[10:22] {Threei}  it gave second chance, fait and square
[10:22] {strider} sosrt of.
[10:23] {RonS} caught flr .35 to .66 thanks dino
[10:23] {dino} yw, gj
[10:24] {ese} L spy .49
[10:24] {patience} 2 more earthquakes in japan....Bullet Train services halted through Shizuoka due to 6.0M earthquake based there
[10:26] {dino} out meli .78, +.73
[10:27] {dino} out flr .85, +.65
[10:27] {patience} China is organising a mass evacuation of its citizens from north-east Japan...looking at shorting insurance companies
[10:28] {ese} out spy .60
[10:28] {ese} +.11
[10:29] {ese} which news feed are you watching patience
[10:29] {Threei}  wow SLW
[10:29] {patience} i have streaming twitter feeds from bbc in japan
[10:30] {patience} http://www.bbc.co.uk/news/world-middle-east-12307698
[10:30] {ese} tks......trade the news doesn't show anything
[10:31] {dino} yhoo sm l .30
[10:31] {nemo} indexes might pullback here
[10:37] {ese} L gt .72
[10:40] {Threei} Short Setup: SLW  .60 break
[10:40] {Threei}  stop above .70
[10:42] {ese} out gt .82
[10:42] {Threei}  attempt at double top
[10:42] {ese} +.10
[10:42] {Threei}  1:1, cover half
[10:42] {Threei}  scalpers know what to do
[10:43] {dino} 07 all green
[10:43] {Threei}  stop above b/e, standard procedure
[10:44] {nemo} another day like yesterday creep up after bottoming
[10:45] {Threei}  1:2
[10:45] {Threei}  1/4 more out
[10:45] {Threei}  stop to .55
[10:46] {dino} jdsu to .93
[10:46] {Threei}  target for the last part is .26
[10:47] {dino} out +.38
[10:49] {Threei}  1:3
[10:50] {Threei}  anyone took it?
[10:50] {patience} POT is green....only one in my watchlist
[10:51] {nemo} means mos will be soon
[10:51] {Threei}  I guess I can go home
[10:56] {dino} gdot green
[10:56] {rambler} Sorry Vad, slightly distracted here....got SLW...thanks.....
[10:57] {patience} Encana turns green (eca)
[10:58] {dino} watching micc
[10:58] {dino} bhreak of .00 trig sm l
[10:58] {Threei}  argh rambler
[10:58] {Threei}  now I have to stay and work... because of you
[10:59] {strider} and me.
[10:59] {strider} took slw also
[10:59] {strider} finally got one
[10:59] {rambler} so sorry....(whip cracking....)
[10:59] {Threei}  good to hear strider
[10:59] {Threei}  I was getting frustrated
[11:00] {strider} having trouble getting correct limit price into execution panel fast enough
[11:00] {Threei}  how do you do that?
[11:00] {nemo} click on the level II strider
[11:00] {Threei}  right
[11:00] {Threei}  lightening fast
[11:00] {strider} click on more or less random price in lvl 2, and adjust with middle scroll button on mouse.
[11:01] {Threei}  hmm
[11:01] {Threei}  why two steps... easier to click on the right perice level
[11:01] {Threei}  those are usually thick stocks
[11:01] {strider} I'm sure you're right....just a habit I got into.
[11:01] {Threei}  not bulimic dino favorites where to get the right price you need to scroll half of level 2, lol
[11:02] {strider} that's what I do at other times for changing price..and it just comes naturally.
[11:02] {strider} I'll change that practice.
[11:04] {strider} still all 1/2 lots?
[11:05] {nemo} matches the deck you're playing with
[11:05] {strider} ??
[11:05] {nemo} not a full deck
[11:05] {strider} no. took the jokers out.......since I have you .
[11:05] {Threei}  [10:09] {Threei} Long Setup: LVS .80 break
[11:05] {Threei}  [10:09] {Threei} this one is full lot
[11:06] {Threei}  that one already went to full lot, so unless there is a specific warning, they are full lot now
[11:06] {strider} OK.  thx
[11:09] {RonS} think i will switch from yhoo to watching paint dry
[11:12] {dino} yeah thought it would move more
[11:12] {dino} flr getting interesting
[11:13] {RonS} seems like it is HFT trading for rebates heaven...or is it hell?
[11:13] {dino} whats the difference
[11:15] {Threei}  what stock Ron?
[11:16] {Threei}  YHOO?
[11:16] {RonS} yep...i have always hated this dog...this is another affirmation of that
[11:16] {Threei}  yeah
[11:17] {Threei}  (EG) Egypt Interior Minister: Govt has disbanded state security agency; replacing it with a new national security force
[11:17] {RonS} lol
[11:17] {nemo} so, from KGB to FSB
[11:17] {Threei}  ahhh... memories of KGB being dismantled
[11:17] {Threei}  only to resurrect as FSB in about 3 minutes 40 seconds
[11:17] {nemo} Yeah, had to change the signs
[11:18] {larisa} watched SALT yesterday, stupidest movie ever i think :)
[11:18] {RonS} spy v spy...Mad Magazine
[11:18] {Threei}  lol, true
[11:18] {larisa} but Angie is hot
[11:19] {Threei}  but hey, any movie in which voluptious female spy runs, jumps, shoots and looks pretty csn't be THAT bad {G}
[11:19] {dino} agreed
[11:19] {patience} was a good movie to watch on a plane
[11:19] {Threei}  hmmm
[11:19] {Threei}  I think I have questions about our gals...
[11:20] {Threei}  nah, never mind
[11:20] {Threei}  not there there is anything's worng with that
[11:22] {strider} rimm
[11:28] {strider} rimm short?
[11:29] {Threei}  chart is right, market is wrong
[11:29] {Threei}  watching
[11:29] {Threei}  .70 breakdown is trigger
[11:29] {Threei}  I jujts don't want to do it into market spike, can turn into trap easily
[11:30] {strider} k
[11:30] {dino} irbt sm l .25
[11:31] {Threei}  Public Employee Union Members More Hostile to Republicans than Private Sector Union Workers
[11:31] {Threei}  doh
[11:31] {RonS} think they use those to clean up nuke plant dino?
[11:31] {Threei}  getting closer to nailing down the % of imbeciles among general population:
[11:31] {Threei}  11% Say Communism Better Than U.S. System of Politics and Economics
[11:32] {strider} cat
[11:33] {Threei}  62% Favor Repeal of Health Care Law
[11:33] {Threei}  highest ever
[11:33] {Threei}  Obamas job approval rating at -22, lowest since Sept
[11:34] {RonS} 38% have already received exemptions
[11:34] {Threei}  sharp drop over last week
[11:34] {Threei}  looks like people dislike his handling of recent crises
[11:34] {RonS} guess that voting prsent thing is not working out
[11:34] {Threei}  vote "present" is not cutting it anymore
[11:34] {Threei}  lol Ron
[11:34] {dino} lol ron
[11:35] {dino} well sticking your head in the sand is not much of a reaction to events
[11:35] {RonS} wish he would do that...he just yammers and yammers
[11:36] {RonS} true meglamoniacal self importance ever seen
[11:36] {RonS} truely most
[11:38] {Threei}  my favorite part was diving into bullying and educational stuff during severe crises
[11:38] {dino} agree w/you
[11:39] {Threei}  RIMM didn't make us decide, strider
[11:39] {Threei}  nice of it
[11:41] {Threei}  (JP) US Science Group: Believe a larger radiation plume may reach Tokyo
[11:41] {strider} yep
[11:42] {RonS} jdsu fnsr itching to go green
[11:42] {Threei} Short Setup: SLW  .20 break
[11:43] {Threei}  if stays under .30
[11:43] {Threei}  invalidated
[11:44] {RonS} US science group...what is that? 2 nerds and a dog?
[11:44] {Threei}  and senator overseeing them, never really finding out what they actually do
[11:45] {strider} fcx positive
[11:46] {strider} looks like greg still having problems with mibbit.
[11:49] {Threei}  yeah, I noticed
[11:49] {Threei}  any lack with mirc?
[11:49] {Threei}  luck too
[11:49] {strider} dunno
[11:49] {strider} greg, you there?
[11:49] {Threei}  disconnected at the moment
[11:50] {strider} hal
[11:50] {RonS} 3i, see an fcx play?
[11:51] {patience} short slw, half lot
[11:51] {Threei}  on a short side, maybe
[11:51] {Threei}  .90 break
[11:51] {Threei}  long no, I'd skip that
[11:54] {Threei} Short Setup: FCX  49 break if stays under .10
[11:55] {Threei}  invalidated
[11:58] {dino} sxci wants green
[11:58] {strider} patience, where are you short slw?
[12:00] {strider} veco, fdx green
[12:00] {patience} 38.56 on cdn side
[12:00] {strider} ah.   thx
[12:01] {RonS} mon mos
[12:03] {RonS} fcx wants 50
[12:04] {nemo} dino, think you might be right...end green today on indices
[12:04] {dino} markets are acting strong imo
[12:05] {nemo} rim wtf
[12:05] {dino} they have filled most gaps down, lots left above
[12:06] {Threei}  (US) Nine US senators sign on to bill that would delay implementation of Dodd-Frank interchange fees, seeking further study of the implications of the rules
[12:06] {Threei}  ***The deadline for the final swipe fee cap proposal is April 21st
[12:07] {Threei}  no way we end green
[12:07] {RonS} all green Thursday...
[12:08] {Threei}  RIMM lost its mind
[12:09] {davd} why am i always amazed by these rebounds?  they happen every day, but somehow each time im shocked
[12:09] {Threei}  hmmm
[12:10] {Threei}  maybe you are just easily amused?
[12:10] {Threei}  I know I am
[12:11] {Threei}  I even laugh at about half of nemo's joke... he himself can't believe that
[12:11] {Threei}  his record before meeting me was at 7% of the audience
[12:11] {RonS} that is funny
[12:12] {Threei}  thanks Ron, you are boosting my numbers as well
[12:12] {dino} lol
[12:14] {RonS} fnsr green
[12:16] {RonS} mrvl d/t breakout?
[12:16] {Threei}  chonese torture stock
[12:16] {Threei}  chinese
[12:16] {strider} sh RIO .74
[12:17] {Threei}  worse than YHOO
[12:17] {RonS} k
[12:17] {Threei} Short Setup: FCX  .60 break
[12:17] {Threei}  if stays under .70
[12:18] {Threei}  target is .30 - .35
[12:18] {Threei}  with partials of course
[12:19] {Threei}  (LB) Gaddafi forces begin attack on opposition-held Benghazi
[12:19] {Threei}  - Al Arabya- Libya State TV warns foreigners in the eastern region of the country to leave
[12:20] {patience} out slw
[12:20] {Threei}  1:1
[12:21] {Threei}  play it by the book
[12:21] {Threei}  scalpers win
[12:22] {strider} cover rio +.20
[12:22] {Threei}  very nice one
[12:22] {strider} awhile back
[12:22] {Threei}  just one stop today
[12:22] {dino} same
[12:22] {Threei}  things work so much easier in other markets than that endless slow creep-up
[12:23] {dino} agree
[12:23] {dino} 07 all green
[12:26] {Threei}  X
[12:26] {Threei}  tw0-sided setup
[12:26] {Threei}  54 - 54.10
[12:27] {Threei}  long it is
[12:27] {Threei}  1:1
[12:28] {nemo} half the day left and we're more than half the way back
[12:28] {Threei}  no way
[12:28] {nemo} yup
[12:28] {Threei}  beer bet
[12:28] {Threei}  betting on red
[12:28] {nemo} we are more than half the way back
[12:28] {patience} same for tsx, more stocks turning green
[12:28] {Threei}  whatever, we end in red
[12:31] {nemo} lvs .50 break?
[12:32] {Threei}  no
[12:32] {Threei}  too vertical spike into it
[12:32] {Threei}  not enough consolidation
[12:32] {nemo} 5 minutes so far
[12:36] {patience} too many cross currents ....one trade today... down 65 bucks....not my type of market
[12:37] {nemo} spy just about at lower trend lie and 50, should head up
[12:37] {dino} my kind of day
[12:38] {patience} good stuff Dino   :)    Glad someone is doing well.
[12:39] {dino} i like the gap down opens
[12:39] {dino} hate the gap up opens
[12:39] {patience} think i'll just go study natural gas stocks for abit.  Watching  Manulife Financial
[12:40] {ese} ho hum hohum.......du du du du............
[12:45] {strider} sh pot .36
[12:51] {nemo} rimm
[12:54] {strider} stop pot -.11
[13:00] {dino} fcx rocking, but clf blood
[13:04] {nemo} db lvs?
[13:05] {Threei}  rather looks like more downside to me
[13:08] {rambler} LVS looks like a good swing short.....
[13:09] {dino} cpki spike
[13:11] {Threei}  Mazda stops all operations till march 20
[13:19] {Threei} Short Setup: X  .60 break
[13:19] {nemo} right at vwap
[13:21] {Threei} Short Setup: LVS  .15 break
[13:22] {Threei}  stop above .25
[13:23] {strider} x still good?
[13:23] {Threei}  I think so
[13:23] {Threei}  barely touched above .70, and reconsolidated again
[13:24] {Threei}  maybe .73 stop to make it more textbookish
[13:25] {dino} clf sm l .00 stop .69
[13:25] {patience} 1:19 PM   The yen sinks 60 pips in minutes on a rumor the Tokyo Stock Exchange will remain closed for the rest of the week due to margin issues.
[13:25] {patience} talk about interesting times....
[13:31] {Threei}  no go X
[13:32] {Threei}  (US) Preview: FOMC rate decision due out around 14:15ET- Today's FOMC meeting is largely expected to be uneventful. Given slowly improving data and Fed commentary in the last three 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.
[13:36] {Threei}  LVS 1:1
[13:48] {dino} out clf .30, +.30
[14:05] {nemo} fcx marched again
[14:06] {Threei}  10 min to FOMC
[14:07] {davd} i dont see fcx news.  its a value/ was a value 60 mins ago...
[14:14] {Threei}  FOMC HOLDS FED FUNDS RATE TARGET AT 0.25% (AS EXPECTED); - Vote 10-0
[14:14] {Threei}  1 min early
[14:15] {Threei}  Reiterates rates likely to remain low for an extended period; Reaffirms treasury security purchases program remains unchanged, and will be adjusted as needed.
[14:16] {Threei}  (LB) US Sec Clinton: Aware of urgent Libya situation, evaluating increase in humanitarian aid and possible support for the opposition
[14:16] {Threei}  there is no opposition anymore
[14:16] {nemo} yeah, let's piss him off so he causes problems with oil for us
[14:16] {nemo} wtf
[14:17] {Threei}  not even funny when they say "there will be dire consequences if he continues killing people"
[14:17] {Threei}  he is in fight for his life, what dire consequences
[14:17] {Threei}  PAY
[14:17] {Threei}  PAY Google In Partnership Talks With Verifone - US financial press
[14:21] {ese} .
[14:22] {davd} iran has a lot of earthquakes - maybe it will abandon its nuclear ambitions
[14:22] {RonS} fat chance
[14:23] {Threei}  no tsunamis though
[14:27] {dino} clf sm l .90
[14:28] {dino} ralllllllyyyyyy
[14:28] {davd} spy hod
[14:42] {dino} peet
[14:42] {dino} spike
[14:42] {nemo} next spy spike coming
[14:42] {Threei}  looks like
[14:43] {dino} damn can't borrow
[14:43] {Threei}  but there is no way we finish freen
[14:43] {dino} well, now glad i can't
[14:43] {Threei}  my beer bet offer stands
[14:43] {Threei}  or carrot juice if larisa takes a bet
[14:44] {dino} green for st patricks weekl
[14:44] {davd} what was a bet on a green s&P by eod 3i?
[14:44] {davd} the bet...
[14:44] {dino} actually, my original said dji close -50
[14:45] {Threei}  my bet is red
[14:46] {Threei}  nemo suggested going positive
[14:46] {Threei}  but so fars hasn't backed that up with 6-pack
[14:46] {dino} he may be right, powerful move on
[14:47] {davd} 6 pack of o'douls for 3i if green s&p by eod
[14:47] {kschun} hello all! how is it going?
[14:47] {kschun} vad: in any trade?
[14:47] {Threei}  very nice day today ks
[14:47] {Threei}  not right now
[14:47] {Threei}  but gearing up to find a short
[14:47] {nemo} slw break .50?
[14:48] {Threei}  probably, for a quick scalp
[14:49] {dino} we've bounched 180 pts
[14:49] {davd} also bounced 180 points
[14:50] {dino} lol
[14:50] {dino} stop yhoo, pos, -.06
[14:58] {Threei} Short Setup: RIMM  .10 break
[14:58] {kschun} great stuff guys!
[15:00] {Threei}  1:1
[15:00] {Threei}  half out
[15:00] {Threei}  stop to .11
[15:00] {Threei}  scalpers are scalpers of course
[15:00] {Threei}  they are out and laughing, and we hate them
[15:01] {dino} clf stopped -.30
[15:02] {Threei}  see why we hate them?
[15:02] {Threei}  they always win
[15:02] {Threei}  well, excpet when we hook that milk trade - then they hate us
[15:02] {Threei}  and we laugh
[15:02] {nemo} wicked choppy market
[15:02] {dino} rinsed
[15:03] {dino} irbt to .35
[15:04] {dino} out irbt slip, ave +.05
[15:05] {dino} nyx spike
[15:06] {kschun} real money was in shorting this market overnight, at least the right stocks. probability was about 90% in my op.
[15:06] {kschun} it is not possible that all the market worldwide are going down and us market still stays flat...
[15:06] {RonS} glad you took it, eh?
[15:07] {kschun} yep, but I diddn't sleep well... :-)
[15:07] {dino} we are down ks
[15:07] {kschun} also with 90% prob...
[15:07] {kschun} LOL
[15:08] {kschun} however with my daytrading yesterday I was not at all happy. studied this pattern yesterday until 01:00
[15:09] {kschun} and re-read vad posting. really great poste for this kind of psychological pattern
[15:09] {kschun} where is strider?
[15:10] {nemo} he logged out when he saw you log in
[15:10] {RonS} lol
[15:10] {Threei}  lol
[15:10] {kschun} ouch... this one was really good LOL
[15:11] {kschun} but I often think the day I see nemo in front of me I probably really have to beat him up... :-)
[15:11] {kschun} no,no, joking :-)
[15:11] {nemo} GFL
[15:11] {nemo} one of my favorite past times
[15:12] {kschun} GFL? nemo?
[15:12] {dino} lol
[15:12] {Threei}  short versioon is, "good luck"
[15:12] {kschun} at least I have the age-advantage :-)
[15:13] {Threei}  what abitter disappointment you are in for
[15:14] {RonS} kschun brings swiss army knife, nemo machine gun
[15:14] {kschun} RIMM 61 vad?
[15:14] {kschun} chart really lookgs short
[15:14] {Threei}  I think so
[15:14] {kschun} ron ... :-9
[15:15] {Threei}  I mean, young, enthusiastic and untrained vs experienced older martial arts fighter - you consider that an advantage? :)
[15:20] {kschun} stopped on RIMM. internals momentum now clearly long
[15:21] {kschun} untrained is not at all correct. but martial arts fighter making me a little nervous... :-(
[15:21] {kschun} :-)
[15:21] {Threei}  well... in my experience, trained ones never primise to beat anyone up... :)
[15:21] {RonS} he is Kung Fu Panda...
[15:21] {Threei}  they just do it if there is a necessity
[15:22] {kschun} your point
[15:22] {kschun} "Hunde die bellen beissen nicht"
[15:23] {Threei}  considering that I doln't speak german, want me to answer in russian?
[15:23] {nemo} Dogs that bark don't bite
[15:23] {kschun} thanks nemo :-9
[15:23] {Threei}  aha
[15:23] {Threei}  rather:
[15:24] {Threei}  dogs that bite won't bark before biting whole head off {G}
[15:24] {Threei}  or, as one very very well trained in many deadly things guy once told me
[15:25] {Threei}  never take out a gun to threaten. take it out to shoot
[15:25] {kschun} guy is right
[15:25] {nemo} Yeah, never let them know you're coming, leave them with the memory you were there
[15:25] {kschun}  good one :-9
[15:25] {Threei}  lol
[15:26] {Threei}  ok, shorting time must be close
[15:26] {kschun} RIMM probably only a matter of time before next down-move
[15:26] {nemo} I don't think so
[15:26] {kschun} however my internals all switched to the long side (momemtum)
[15:27] {Threei} Short Setup: SLW  .70 break
[15:27] {Threei}  if stays under .80
[15:29] {Threei}  invalidated but not off radar
[15:31] {magoo} hello, how'd u guys do today?
[15:31] {dino} out sxci .45, +.45
[15:31] {dino} good day magoo, mykind of open
[15:32] {kschun} nice job on SXCI dino!
[15:32] {Threei}  hey mags
[15:32] {dino} thx
[15:32] {Threei} Short Setup: SLW  .80 break
[15:32] {Threei}  if stays under .90
[15:33] {magoo} dcc dino
[15:33] {nemo} spy walked up a trend line from pre market
[15:33] {magoo} how'd u do vad? 7 of 8 ?
[15:34] {dino} vad was hot
[15:35] {Threei}  2 stops
[15:35] {Threei}  5 0r 7 winners
[15:35] {magoo} any 1:4 vad
[15:36] {Threei}  no, 1;3 max
[15:37] {nemo} .84
[15:38] {nemo} spy headed up again
[15:39] {nemo} there was a trend flush right after FOMC, then right back on the trendline
[15:39] {dino} filled those lower gaps from jan
[15:42] {Threei}  come on market
[15:42] {Threei}  roll over
[15:42] {nemo} 90 points down on dow
[15:42] {dino} 85
[15:43] {dino} almost a 300 pt rally
[15:43] {Threei}  quite amazing
[15:44] {dino} here comes -50
[15:44] {dino} giddy-up
[15:44] {dino} s/p wants open gap
[15:45] {nemo} if it doesn't make it it'll stop here
[15:48] {Threei}  ugh
[15:48] {Threei}  reversed and dropped with no clear setup
[15:48] {kschun} SLW AT 200 ma on 5 min
[15:49] {nemo} it reversed at daily S2
[15:51] {kschun} 11 on slw
[15:51] {kschun} flat on JPM
[15:52] {nemo} this is spy trendline
[15:54] {kschun} SLW stop .81
[15:54] {kschun} for remaining /4
[15:57] {Threei}  nice
[15:57] {kschun} oh boy... "fat finger" during order entry... :-(. long time didn't happened. unfortunately out SLW.
[15:57] {magoo} dcc dino
[15:57] {kschun} have to laugh about hits one...
[15:57] {kschun} thanks vad
[15:58] {Threei}  unfortunately?
[15:58] {Threei}  3 min till eod
[15:58] {Threei}  2
[15:58] {Threei}  whta do you want, fight till last second?
[15:59] {Threei}  ok guys, thank you all
[15:59] {Threei}  have a great evening, see you tomorrow
[15:59] {larisa} bye all :)
[15:59] {kschun} LOL. no, was out at about .76 last part in SLW. wanted to trail stop.
[15:59] {Threei}  really hope Japan is still there in the morning
[16:00] {Natali} tnks, bye
[16:00] {rambler} thanks Vad......cya tomorrow....
[16:00] {kschun} thanks all, thanks vad!
[16:03] {dino} thx all, good time