Tuesday, April 19, 2011

Apr 19 2011

Not 100% performance but nothing to sneeze at, with 10 wins out of 12 calls.

Session Time: Tue Apr 19 00:00:00 2011
[08:50] {davd} gm all
[08:50] {Threei}  (US) Treasury Sec Geithner: Prospects for improving the US fiscal situation are better, disagree with S&P's view as negative outlook for the US - CNBC interview
[08:50] {Threei}  morning davd
[08:51] {nemo} must be THE talking point for all government officials today...can't wait to hear what The Department Of Education has to say on it
[08:51] {davd} he disagrees that in 3 yrs if we dont fix the money supply we could have problems?
[08:51] {davd} actually - it is the dept of
[08:52] {davd} Sanitation that will have the most work
[08:52] {nemo} nice davd
[08:52] {davd} 1:1
[08:54] {Threei}  - Notes reforms are necessary to force the country to live within its means
[08:54] {Threei}  force the country?
[08:55] {Threei}  as if he was a good guy watching over bad children?
[08:56] {Threei}  - Current deficit level is unsustainable and need to be addressed
[08:56] {davd} he doesnt live within his means - has a tax free nanny
[08:56] {Threei}  so he agrees with all the points but not with conclusion
[08:57] {davd} he agrees to the point where he can discuss it, but stops at the point where we take action.
[09:01] {dino} gm all
[09:01] {Threei}  dino :)
[09:03] {dino} friday, us markets closed?
[09:04] {davd} yes closed
[09:04] {Threei}  yeah
[09:05] {rambler} morning...
[09:06] {Threei}  rambler :)
[09:10] {Threei}  REDF on a radar for possible breakout
[09:12] {Threei}  eagle has fish in the nest
[09:14] {nemo} gonna' short SLW ;)
[09:14] {Threei}  that's on a permanent radar :)
[09:19] {Threei}  (US) Treasury Sec Geithner: US will absolutely keep its "AAA" sovereign rating; A long term deficit reduction plan may be put in place before the 2012 presidential election - interviews
[09:19] {Threei}  - Notes that there is no way to make reforms without adjusting the tax code
[09:19] {Threei}  - Cannot see a risk where the US would lose its AAA rating
[09:19] {Threei}  "may be" eh
[09:19] {Threei}  there is absolutely no sense of urgency for these folks
[09:21] {ese} morning
[09:21] {Threei}  ese :)
[09:21] {Threei}  look dcc pls
[09:21] {RonS} gm....and f for that matter...
[09:22] {Threei}  ron :)
[09:22] {rambler} what is dcc Vad...?
[09:22] {Threei}  private messaging
[09:23] {rambler} yaha....
[09:23] {gen} gm all
[09:23] {Threei}  gen :)
[09:24] {gen} :)
[09:28] {larisa} gm :)
[09:29] {ese} L sina .20 100shs
[09:29] {Threei}  larisa :)
[09:30] {Threei}  I expect selling hitting after first weak spike
[09:30] {jfjf64} mornin all
[09:30] {ese} rats....was not fast enough to catch that spike to .99
[09:30] {Threei}  jf :)
[09:31] {Threei}  SLW on radar for short
[09:31] {Threei}  (big surprize)
[09:31] {nemo} GroundHog Day
[09:31] {ese} out .71
[09:31] {ese} +.51
[09:31] {Threei} Short Setup: SLW  .60 break
[09:32] {Threei}  if stays under .70
[09:32] {Threei}  invalidated
[09:32] {davd} good call nemo
[09:32] {nemo} Les coulda' made that call...
[09:34] {davd} lol
[09:34] {Threei} Short Setup: SLW  .90 break
[09:35] {Threei} Short Setup: X  .70 break
[09:35] {Threei}  X invalidated
[09:35] {Threei}  SLW is still in play
[09:36] {Threei}  resistance is obvious
[09:36] {Threei}  invalidated too
[09:36] {rambler} and futile....
[09:36] {nemo} rim shot ese...
[09:37] {Threei}  third setup SLW
[09:37] {dino} borg
[09:37] {nemo} 7 of 9
[09:37] {rambler} egzactly
[09:37] {Threei}  42
[09:38] {nemo} getting better rambler
[09:38] {nemo} eqzaktly
[09:38] {ese} ba dap bap!!!
[09:38] {Threei}  thought of .10 but it went too quick
[09:38] {ese} what for now.....
[09:38] {Threei}  cover half here
[09:38] {ese} speaking of Les........whats that man up too?
[09:39] {nemo} bad fill
[09:39] {ese} ahhhh
[09:39] {Threei}  stop to .05
[09:39] {Threei}  bid 1/4 more under .80
[09:40] {rambler} I win...
[09:40] {Threei}  not yet
[09:41] {Threei}  X
[09:41] {Threei}  double top
[09:41] {nemo} HOG short .49?
[09:41] {Threei}  now you do, rambler
[09:42] {Threei}  probably HOG
[09:42] {Threei}  X
[09:42] {Threei}  short here
[09:42] {Threei}  around .10
[09:42] {Threei}  stop above .20
[09:43] {Threei}  HOG beauty
[09:43] {nemo} wow, dropped big
[09:43] {nemo} yeah, needed to be in above .50
[09:43] {Threei}  half out X
[09:43] {nemo} hidden shares had no idea when it would drop
[09:43] {Threei}  stop to .11
[09:43] {nemo} wow, look at this shakeout HOG
[09:45] {dino} omc sm l .50
[09:45] {jfjf64} die  x
[09:45] {dino} paml sm l .00
[09:46] {dino} paml to flat
[09:47] {dino} panl
[09:47] {Threei}  X eventual target under .70
[09:47] {Threei}  bid 1/4 around .85
[09:48] {dino} out panl flat
[09:48] {Threei}  scalpers win again
[09:49] {Threei} Long Setup:  FCX  .80 break
[09:50] {Threei}  half out
[09:52] {Threei}  .75 stop
[09:53] {Threei}  is it a pure scalping day?
[09:53] {Threei}  frikin SLW short got away
[09:53] {rambler} working so far.....
[09:53] {dino} 07 all red
[09:55] {jfjf64} wow
[09:55] {jfjf64} slw
[09:55] {rambler} didn't you say something about selling after weak spike...?
[09:56] {Threei}  didn't have enough conviction for the sewcond short
[09:56] {rambler} TZA rocket.....
[09:57] {rambler} bounce time....?
[09:57] {nemo} yep
[09:57] {nemo} now, is it a superball or deadcat
[09:58] {Threei} Short Setup: X  .30 break
[09:59] {Threei}  invalidated
[10:00] {Threei}  RIMM
[10:00] {Threei}  bounce candidate
[10:00] {Threei} Short Setup: RIMM  .25
[10:00] {Threei}  grrr... late
[10:00] {nemo} short???
[10:00] {Threei}  see if pulls back for entry
[10:00] {nemo} look your call
[10:00] {Threei}  sorry, long
[10:01] {Threei}  OK, here it is again
[10:01] {Threei}  same setup
[10:01] {Threei}  in .26
[10:01] {Threei}  stop .15
[10:02] {nemo} market dropping
[10:02] {Threei}  1:1
[10:02] {Threei}  X got away
[10:03] {davd} gs red
[10:04] {Threei}  1:2
[10:04] {Threei}  finally something works for more than scalp
[10:04] {jfjf64} ya
[10:04] {jfjf64} tyu
[10:04] {Threei}  yw
[10:05] {Threei}  X
[10:05] {Threei}  bounced back into short trigger
[10:05] {Threei}  same setup
[10:05] {Threei}  .30 break short
[10:06] {Threei}  1:1
[10:07] {nemo} SLW bounce?
[10:07] {Threei}  not sure
[10:07] {nemo} had been thinking .31
[10:08] {Threei}  well... yes
[10:08] {Threei}  lol
[10:08] {nemo} scalp, anyway
[10:08] {Threei}  most everything is
[10:09] {Threei}  out of 5 tyrades, only one was good for more
[10:09] {Threei}  total opposite to yesterday where every trade worked for 1:3
[10:09] {nemo} yeah, I'll take scalps over losers anyday
[10:10] {Threei} Long Setup:  CAT  .90 break half lot
[10:11] {Threei}  if stays above .80
[10:11] {nemo} HOG hanging
[10:11] {Threei}  invalidated
[10:12] {Threei} Long Setup:  LVS  .20 break
[10:12] {nemo} funny, I see a DT short
[10:13] {nemo} Gotta' go have a new Rorschach evaluation
[10:13] {Threei}  target 1:3
[10:13] {RonS} at your mental hospital?
[10:13] {nemo} They threw me out
[10:13] {RonS} lol
[10:13] {Threei}  said you were too crazy for them?
[10:14] {nemo} I was a bad influence on the other inmates..er...patients...er...clients, yah that's it , clients
[10:15] {dino} adtn sm l .50
[10:16] {nemo} YOKU incredible
[10:17] {Threei}  why did I stop watching CAT
[10:17] {nemo} ADHD
[10:18] {RonS} dino don't look panl
[10:18] {nemo} in dang .01
[10:18] {dino} ugh panl, rinsed and went 1+
[10:18] {nemo} 1/2 out .10
[10:18] {dino} you ride it ron?
[10:19] {Threei}  ok LVS, make up your mind finally
[10:19] {RonS} scalped 49.60 to 50.08
[10:20] {dino} gj
[10:21] {RonS} uh, no....
[10:21] {nemo} 1:1 LVS
[10:21] {Threei}  hmm?
[10:21] {nemo} [10:11] {nemo} funny, I see a DT short
[10:21] {Threei}  ahh
[10:21] {nemo} I pulled a Chaeron
[10:22] {nemo} out remainder DANG flat
[10:22] {Threei}  stopped
[10:22] {RonS} UA breakout
[10:22] {nemo} 1/4 more .01
[10:23] {nemo} frickin DANG
[10:23] {nemo} stop BE on last quarter LVS
[10:24] {nemo} paper cuts today, even though profitable
[10:25] {Threei}  that means you are the one doing papercuts, not suffering them
[10:25] {nemo} ehhh....tomato tomahhto
[10:26] {nemo} Dad bolted again
[10:27] {Threei} Short Setup: X  .40 break if stays under .50
[10:28] {Threei} Short Setup: X  .50 break if stays under .60
[10:29] {Threei} Short Setup: SLW  .80 break
[10:29] {ese} in
[10:30] {ese} .49
[10:30] {ese} X
[10:31] {Threei}  Research in Motion Ltd AT&T to block Blackberry users from teathering their phones to PlayBook tablet computer - Business Insider- Presently the only way to access email, calendars, or Blackberry Messenger on the PlayBook tablet is by tethering it to a BlackBerry handset. RIMM has said that later updates to the PlayBook system will remedy this situation.
[10:31] {Threei}  X is holding strangely well while market drops
[10:31] {Threei}  not liking it
[10:33] {Threei}  let's trail it to .56
[10:34] {Threei}  finally
[10:34] {davd} stld beats street re x and aks
[10:34] {Threei}  1:1
[10:34] {Threei}  SLW 1:1 too
[10:34] {ese} ok
[10:35] {Threei}  SLW 1:2
[10:35] {Threei}  whew
[10:35] {Threei}  life becomes much brighter
[10:37] {ese} 1/2 .42 +.07 stopped 1/2 .56-.07
[10:38] {ese} interesting experiment there for me
[10:39] {nemo} in tna .61
[10:40] {nemo} stopped .47
[10:41] {Threei}  RIMM...
[10:41] {Threei} Short Setup: RIMM  .90
[10:42] {Threei}  if stays under 54
[10:42] {Threei}  not a scalp
[10:43] {Threei}  looks like watefall candidate to me
[10:43] {dino} sm l lorl .80
[10:47] {Threei}  gie RIMM
[10:47] {Threei}  die too
[10:47] {Threei}  come on... 1 cent shy of 1:1??
[10:49] {Threei}  (US) Dept of Energy: High Oil and gasoline prices may negatively impact the US economic recovery
[10:49] {Threei}  no really?
[10:50] {dino} bal drop
[10:50] {Threei}  no go RIMM
[10:52] {nemo} mmhhhhh, MCP bounce in .00-.10 area?
[10:52] {Threei}  can't tell
[10:56] {RonS} adtn sm l .40
[10:57] {Threei}  (US) President Obama: Medium term assistance for high oil prices is still invest in more clear energy
[10:57] {Threei}  this must be a joke
[10:57] {nemo} this?  no he
[10:59] {dino}  omc stopped -.27
[11:07] {dino} lft drop
[11:09] {nemo}  chance this the bottom with a possibility of 25.54
[11:10] {dino} omc rinsed
[11:17] {Threei}  friking RIMM
[11:17] {Threei}  rined
[11:18] {RonS} lorl v sm l .00
[11:20] {dino} lol
[11:21] {ese} L stt .45
[11:23] {Threei}  SLW
[11:23] {Threei}  watching for bounce setup
[11:30] {Threei} Long Setup:  SLW  .10 break
[11:32] {davd} in slw .11
[11:34] {Threei}  1:1
[11:35] {Threei}  1:2
[11:35] {RonS} slw got .14 to .28 thanks 3i
[11:35] {Threei}  :)
[11:36] {Threei}  out in full .36
[11:36] {Threei}  too vertical
[11:36] {Threei}  if my math is right, it's 8 out of 10
[11:36] {ese} nice one vad ron
[11:37] {RonS} stt l .20
[11:37] {davd} gj 3i
[11:37] {Threei}  ty
[11:38] {dino} omc sm l .30
[11:48] {Threei}  REDF...
[12:02] {RonS} out stt -.10
[12:04] {jfjf64} im here
[12:05] {RonS} braggin or bitchen?
[12:06] {nemo} MCP 73
[12:06] {dino} bbbb spike
[12:06] {dino} 9 bucks
[12:07] {RonS} Blackboard Is Evaluating Offers, Strategic Alternatives To Enhance Shareholder Value       04/19 09:38 AM
[12:08] {RonS} nuts...cannot short
[12:09] {RonS} meli spike hod
[12:26] {rambler} SLV short...?
[12:26] {rambler} yup....
[12:26] {nemo} was just gonna say btu short
[12:31] {rambler} boat chores waiting, gotta run.....thanks Vad...good morning...
[12:31] {rambler} cya all....
[12:32] {nemo} ramble on
[12:32] {jfjf64} enjoy rambler
[12:32] {dino} cya rambler
[12:41] {dino} omc to .60
[12:42] {dino} out omc .60, +.30
[12:43] {nemo} mindnumbingly boring
[12:46] {dino} yeah
[12:48] {nemo} mmmhhhh QLIK 29 level
[12:50] {nemo} ese   Fanfare for the common man is on
[12:52] {RonS} i forget...is that ELP?
[12:52] {nemo} Aaron Copland
[12:52] {RonS} ah
[12:52] {nemo} They did a version of Rodeo
[12:53] {nemo} which was also by Copland
[12:53] {nemo} and of course, Mussorgsky's Pictures
[12:53] {nemo} which was originally for piano
[12:54] {nemo} my favorite of theirs was Karn Evil 9 1st Impression
[12:55] {nemo} so, is PWRD a long, or short?
[12:56] {nemo} 2 year greek notes 20%
[12:59] {nemo} it was a short
[13:06] {Threei}  (LB) Leaders in Rebel-held city of Misrata officially request foreign powers to help the city with ground troops - US financial press
[13:06] {Threei}  that'll be interesting
[13:10] {davd} i've on the fence as to whether support khadaffi or the rebels
[13:10] {Threei}  I am not
[13:11] {Threei}  let them sort out their differences and sdon't intrude
[13:11] {davd} right - same difference
[13:11] {Threei}  couple days ago there was a report on CNN:
[13:12] {Threei}  rebels got some weapons and ammunition, presumably from France although no exact source
[13:12] {Threei}  and left the town to try and retake some other place
[13:13] {Threei}  guess what distance they made before starting shooting in all directions, wasting all the ammunition and returning?
[13:13] {Threei}  seriously, name the number
[13:13] {nemo} 500,000 rounds
[13:14] {Threei}  distance?
[13:14] {RonS} 1/2 mile
[13:14] {Threei}  ok... anyone else?
[13:14] {nemo} 2 miles
[13:14] {Threei}  OK... right answer,
[13:14] {Threei}  and make sure you sit for this
[13:14] {Threei}  15 yards
[13:14] {nemo} and missed what?
[13:15] {Threei}  guy ionterviewing eyewitness on the ground couldn't believe it, and asked a few times
[13:15] {Threei}  literaslly, 15 yards?
[13:15] {Threei}  guy said, yes, literally
[13:16] {jfjf64} x   .70  break
[13:17] {dino} cpy sm l .32
[13:19] {nemo} slw .66?
[13:19] {nemo} .06
[13:19] {Threei}  I think so
[13:20] {nemo} love "definite maybe's"
[13:21] {RonS} typical girlfriend response to you nemo?
[13:27] {nemo} got bagged on the break
[13:28] {ese} L STT .00 AVG .21
[13:28] {jfjf64} 1/1  x
[13:28] {jfjf64} half out
[13:28] {jfjf64} can you say 53.00
[13:29] {nemo} stopped...
[13:32] {jfjf64} out
[13:41] {Threei}  (US) S&P: Adjustment in outlook for United States will not impact AAA rated US corporations
[13:41] {Threei}  - Standard & Poor's continues to view transfer and convertibilityrisk-the risk that the U.S. government would limit the ability of otherissuers to secure foreign exchange to make debt-service payments--as remote
[13:41] {Threei}  - Given the global business profile and the significant financial strength ofExxon Mobil, Johnson & Johnson, and Microsoft, our long-term rating outlookfor these U.S. domiciled corporate issuers remains stable. Standard & Poor'sother U.S.
[13:41] {Threei}  -domiciled 'AAA' rated issuer, ADP, although less diversified by product line and geographical business mix, continues to have high customerand end-market diversification
[13:46] {ese} Mr busy here.....am outta here cya tomorrow...am still stt
[13:46] {Threei}  take care ese
[13:46] {ese} cya vad
[13:46] {RonS} cya ese
[13:46] {ese} ron
[13:48] {dino} cya es
[13:52] {nemo} LVS just ahd a flush, might be to get the weak hands out
[13:53] {Threei}  look at REDF
[13:53] {Threei}  identified it as breakout candidate premarket... never followed through to find a play
[13:55] {nemo} SLW rinse
[13:58] {dino} jdsu sm l .10
[14:06] {Threei} Short Setup: SLW  .20 break
[14:11] {Threei}  let's change to agressive
[14:11] {Threei}  short right here, stop .35
[14:25] {Threei}  finally
[14:25] {Threei}  half out
[14:25] {nemo} I covered at .35
[14:25] {Threei}  it never broke?
[14:26] {nemo} you said stop .35
[14:26] {Threei}  sigh
[14:26] {Threei}  we treat round numbers as levels to breakj
[14:26] {Threei}  one time I skipped the full wording
[14:26] {nemo} .35 isn't a round number
[14:27] {dino} lol
[14:27] {Threei}  what am I doing here... see you Sept 1
[14:27] {nemo} .30....I'll give you that
[14:27] {Threei}  2016
[14:27] {dino} tzoo blood
[14:27] {nemo} that's round enough
[14:27] {RonS} did same fwiw...felt .35 break would have jumped to .38
[14:28] {nemo} seee!!!!!
[14:28] {Threei}  2019
[14:28] {nemo} we're all dead 2012...what's the difference
[14:28] {Threei}  2024
[14:28] {dino} 5s and 0s suck for stops imo, a penny more
[14:28] {Threei}  eqzaktly
[14:29] {nemo} yep, but I'm still blaming Vad...it's never my fault or responsibility
[14:29] {dino} ok obama
[14:29] {Threei}  I would be sorely disappointed otherwise
[14:29] {dino} why noit blame bush
[14:29] {nemo} PANL and Pot bounce zones
[14:29] {Threei}  lol
[14:30] {nemo} wow, secretarial spread on panl
[14:33] {nemo} How about tna .26 .14 STOP?
[14:33] {nemo} too late
[14:35] {nemo} need to give the janitor some editing work
[14:36] {nemo} apol coughin up the furball
[14:37] {Threei}  sigh
[14:37] {nemo} what?
[14:38] {dino} lol
[14:38] {nemo} somebody didn't get his nappy this afternoon
[14:39] {nemo} or ain't wearin' it...one or the other
[14:39] {RonS} that's what i was thinkin
[14:39] {nemo} yeah, excuse me, have to go change
[14:40] {nemo} damn waste bands chafe
[14:40] {RonS} rotflol
[14:40] {nemo} waist
[14:40] {nemo} quasi freudian
[14:41] {nemo} if you're into that sort of thing
[14:41] {RonS} too much
[14:42] {nemo} on a more serious note:  WSJ reporting 7% of Chinese foreign trade conducted in Yuan this year, up from .05% last year
[14:42] {nemo} Q1 over Q1
[14:44] {nemo} Wow BTU filling gap
[14:46] {nemo} sorry I missed that TNA entry
[14:56] {nemo} Rodeo by Copland is on now
[14:57] {nemo} Ron
[14:57] {RonS} ok
[14:57] {RonS} giddyup
[14:57] {nemo} bostonpete  under tha windowsmedia, website
[14:59] {davd} s bidu 149.12
[15:00] {RonS} wow, ballsy...
[15:00] {nemo} was thinking along that line, just not that vocabulary
[15:00] {davd} i've made a lot going long it... itll back up a little.
[15:03] {RonS} out adtn +.09...woofer...
[15:03] {RonS} out lorl +.10...tweeter...
[15:04] {dino} gtls spike
[15:06] {nemo} now we just need a cabinet, midrange, crossover, and terminals
[15:07] {nemo} and some meds
[15:07] {nemo} speaking of...
[15:09] {davd} s slw .55
[15:09] {dino} out lorl .01, +.21
[15:12] {nemo} what's your stop davd?
[15:14] {davd} stop on slw .65
[15:14] {davd} stop on bidu .85
[15:20] {Threei} Short Setup: REDF  11 break half lot
[15:21] {nemo} didn't catch that,
[15:21] {nemo} touched your 1:1
[15:22] {Threei}  no need to say, cover who gopt it
[15:23] {nemo} who got it?
[15:25] {Threei}  looks like have to stay awake to take those trades
[15:27] {nemo} pot
[15:32] {dino} adtn to flat, out cpy flat
[15:34] {nemo} interesting wicks on spy 1 min
[15:41] {Threei}  12 trades today, more active than most days lately
[15:45] {nemo} if it weren't so late .61 tna long
[15:46] {nemo} stop would have to be big too ..45...er .43
[15:46] {nemo} 1:1
[15:46] {nemo} figures
[15:51] {dino} out adtn flat
[15:52] {Threei}  OK guys, thank you all, have a great evening
[15:52] {Threei}  see you tomorrow
[15:54] {dino} cya vad