Session Time: Mon Apr 25 00:00:00 2011
[08:29] {Threei} Good morning
[08:30] {nemo} how do you come to that conclusion
[08:30] {Threei} guessed
[08:30] {Threei} wrong?
[08:30] {nemo} it's relative to your perspective
[08:30] {Threei} as if I had one
[08:31] {Threei} I am perspectiveless
[08:31] {nemo} If you're the lion that just caught the antelope...good...the antelope...not so good
[08:31] {Threei} disperspective?
[08:31] {nemo} aperspective
[08:31] {Threei} ahha
[08:31] {Threei} SPY lost whatever slight gap up it had
[08:32] {nemo} slw losing it's gap up
[08:32] {Threei} yeah, and its gaps become less and less convincing
[08:32] {Threei} most of them get smacked down hard
[08:35] {nemo} wonder if the PM move is on the talk of China cutting $ holdings
[08:35] {Threei} this talk is two years old, ongoing...
[08:35] {nemo} Yes, I know...what's your point?
[08:36] {Threei} if there is such move by china, it's being done over time and as quietly as possible
[08:37] {Threei} any open talks about it are either
[08:37] {Threei} 1. speculation
[08:37] {Threei} 2. pushing someone's agenda to provoke certain reactions
[08:37] {Threei} or
[08:37] {Threei} 3. end phase of such move when controlling information becomes unnecessary or impoassible
[08:38] {Threei} in any case, it's justr a feed for the herd
[08:44] {nemo} watching dawn come to the nest
[08:45] {nemo} MRO daily
[08:46] {nemo} POT and MOS
[08:46] {Threei} (SR) Saudi Arabia Central Bank: Affirms the USD peg will continue for as long as the economy remains dependent on oil
[08:47] {Threei} for a while yet then
[08:47] {nemo} wtf DE?
[08:48] {nemo} wtf AGCO?
[08:48] {Threei} lol
[08:50] {Threei} so DE found firm support at 2 cents eh?
[09:07] {dino} gm all
[09:08] {Threei} dino :)
[09:12] {nemo} let me guess...you're stalking SLW short?
[09:12] {Threei} not sure on that one actually
[09:13] {Threei} it's on the screen but no opinion yet
[09:13] {larisa} gm :)
[09:13] {Threei} larisa :)
[09:13] {larisa} vad :)
[09:14] {rambler} morning all.....
[09:14] {Threei} rambler :)
[09:18] {ese} gm
[09:18] {Threei} ese :)
[09:19] {nemo} RIG short
[09:19] {tomg} gm all
[09:20] {Threei} tom :)
[09:21] {RonS} gm everyone
[09:22] {Threei} ron :)
[09:23] {ese} how bout the Heritage yesterday dino.......nice win by Snedeker
[09:23] {Threei} FXC so far looks better short candidate
[09:23] {Threei} FCX
[09:24] {Threei} no setup yet
[09:24] {Threei} .80 is clear closest support but it's a bit too far from here
[09:24] {tomg} your level 2 working vad?
[09:24] {Threei} looks OK
[09:25] {Threei} SLW support .30...
[09:25] {Threei} and .45 is resistance
[09:25] {tomg} my charts, quotes, t&s ok, but not level 2...don't see anything to switch to
[09:25] {Threei} let's see, maybe there will be a play with these parameters
[09:26] {Threei} try to change quote server?
[09:26] {Threei} server 6 here, works fine
[09:26] {dino} missed it ese
[09:26] {tomg} yep, 6 works, ty
[09:27] {Threei} :)
[09:28] {ese} just goes to show you that courses don't have to be 7500yds longs to be tough
[09:28] {ese} long
[09:29] {Threei} let's make first trades half lot
[09:29] {nemo} volume very light so far
[09:30] {Threei} let's make first trades half lot/short fcx .90 break
[09:30] {Threei} Short Setup: FCX 55 break
[09:31] {Threei} if stays under .10
[09:32] {Threei} SLW got away, break was not really tradeable
[09:32] {jfjf64} mornin
[09:32] {Threei} jf :)
[09:33] {Threei} Long Setup: CAT .40 break
[09:33] {nemo} my chats screwed up
[09:33] {Threei} invalidated
[09:35] {Threei} hectic moves everywhere still
[09:36] {jfjf64} yes yes
[09:36] {rambler} X nice bounce...
[09:36] {Threei} Long Setup: RIMM .50 break
[09:37] {Threei} if holding .40
[09:38] {jfjf64} igt .90 break
[09:38] {Threei} two sided setup
[09:38] {Threei} Short Setup: RIMM .40 break
[09:38] {Threei} if stays under .50
[09:40] {Threei} not a scalp to me, RIMM
[09:40] {Threei} daily is very weak
[09:43] {jfjf64} 1/1 igt
[09:43] {Threei} wtg
[09:43] {dino} gj
[09:43] {jfjf64} half out
[09:43] {jfjf64} stop.99
[09:44] {Threei} Long Setup: SLW .80 break
[09:44] {Threei} stop under .70
[09:44] {nemo} too late
[09:44] {jfjf64} missed
[09:44] {Threei} RIMM 1:1
[09:44] {Threei} 1:1
[09:46] {Threei} (US) Preview: Mar New Home Sales expected at 10:00 ET**Consensus expectation: 280Ke v 250K prior
[09:47] {Threei} SLW back to trigger
[09:47] {Threei} not valid for the third time
[09:51] {Threei} Short Setup: X .10 break
[09:51] {Threei} if stays under .20
[09:53] {Threei} 1:1
[09:55] {RonS} x s .12 to .92 txs 3i
[09:55] {Threei} 1:2
[09:55] {Threei} :)
[09:56] {Threei} (RU) Russia PM Putin: Russia Govt should aim to decrease its level of involvement in the economy
[09:56] {Threei} (whispering to Medvedev) we don't know what to do with it anyway, might as well pretend it's a deliberate move
[09:56] {jfjf64} gold gettin hit
[09:56] {rambler} you still half lots Vad...?
[09:57] {Threei} yes, but after home sales switching to fuull
[09:57] {Threei} still half some RIMM
[09:58] {Threei} stop .35
[09:58] {Threei} half = have
[09:58] {dino} sm s plcm .50
[09:59] {dino} stopped -.31
[10:00] {Threei} *(US) MAR NEW HOME SALES 300K V 280KE
[10:00] {Threei} Short Setup: USO .30
[10:00] {Threei} if stays under .40
[10:03] {Threei} invalidated
[10:03] {Threei} Short Setup: SLW .50 break
[10:04] {Threei} if stays under .60
[10:04] {RonS} sm s plcm .98
[10:06] {Threei} sudden market selloff
[10:06] {Threei} no news
[10:06] {davd} dollar?
[10:06] {Threei} not much happens there
[10:06] {Threei} upticking.. but still in red
[10:08] {RonS} stop plcm flat
[10:11] {Threei} what a selloff SLW
[10:11] {Threei} FCX
[10:11] {Threei} watching for bounce
[10:11] {Threei} Long Setup: FCX .80 break
[10:12] {Threei} if holding .70
[10:13] {dino} cymi s l .85
[10:13] {Threei} let's trail stop to .74
[10:13] {Threei} takes too long
[10:13] {Threei} this type of bounces should work faster
[10:14] {nemo} TEVA break of 45
[10:16] {dino} plcm was a rinse, too many rinses lately
[10:16] {Threei} finally
[10:16] {Threei} out FCX
[10:17] {dino} cymi to .19
[10:18] {dino} utiw spike
[10:19] {Threei} SLW bounce time soon
[10:19] {Threei} Long Setup: SLW .55 break
[10:19] {Threei} stop under .45
[10:20] {Threei} no go
[10:20] {Threei} wow FCX
[10:21] {dino} panl gap fill
[10:21] {Threei} quite energetic selloff for no news everywhere
[10:22] {dino} cymi to .39
[10:23] {Threei} Long Setup: X .80 break
[10:23] {Threei} if stays above .70
[10:24] {dino} abfs sm l .34
[10:25] {dino} cymi to .45
[10:25] {dino} to .49
[10:26] {Threei} stopped X
[10:26] {dino} to .54
[10:26] {Threei} probably a rinse but...
[10:26] {dino} to .65
[10:27] {dino} to .75
[10:27] {dino} to .85
[10:27] {dino} out .76 slip, +.91
[10:27] {Threei} nice
[10:27] {dino} ty
[10:28] {Threei} yeah, rinse on X
[10:28] {jfjf64} gj
[10:28] {RonS} abfs to .3671
[10:28] {dino} lol
[10:29] {ese} sivb
[10:29] {nemo} SNDK either short, or consolidating for a break
[10:30] {Threei} *(US) APR DALLAS FED MANUFACTURING ACTIVITY: 10.5 V 13.4E
[10:31] {jfjf64} lookin dtop sohu
[10:32] {Threei} Long Setup: FCX .50 break
[10:33] {Threei} stop under .40, and not a scalp
[10:33] {Threei} target is 1:3
[10:33] {Threei} invalidated
[10:33] {Threei} not off radar
[10:34] {nemo} look just above .10 level
[10:34] {_magsab} I'm new , what do u mean 1
[10:34] {nemo} actually, right around .30 also possible
[10:34] {_magsab} what do u mean 1:3
[10:34] {RonS} risk/reward magsab
[10:34] {Threei} risk/reward ratio, magsab,
[10:34] {Threei} meaning:
[10:35] {Threei} if initial stop is 10 cents,
[10:35] {Threei} profit 10 c ents is 1:1
[10:35] {Threei} tsarget 1:3 means 30 cvents target in such case
[10:35] {dino} panl sm l .50
[10:35] {jfjf64} sndk nemo
[10:35] {_magsab} thnx
[10:36] {nemo} iffy JF, could be short below .24 or building a jbe
[10:36] {nemo} bull flag
[10:36] {dino} panl stop -.26
[10:37] {davd} spy at lod
[10:39] {ese} L sivb .35
[10:39] {ese} 1/2
[10:44] {dino} gaps 2357, 1330
[10:44] {Threei} Long Setup: FCX .50 break
[10:44] {dino} then 2306, 1312
[10:44] {Threei} if sdtays above .40
[10:47] {Threei} same play as last time around
[10:47] {Threei} target 1:3
[10:48] {RonS} took abfs .33 to .68 thanks dino
[10:48] {Threei} nice one
[10:51] {dino} gj ron, my stop to .67
[10:51] {Threei} no go
[10:51] {Threei} I don't like today so far
[10:51] {dino} panl?
[10:51] {Threei} tough reads and a lot of rinses
[10:52] {dino} out abfs +.30
[10:52] {rambler} no, not cooperating........
[10:56] {jfjf64} slw lod
[10:57] {RonS} jci l .40
[11:01] {Threei} Short Setup: RIMM .40 break
[11:01] {Threei} if stays under .50
[11:02] {Threei} invalidated
[11:07] {jfjf64} sina dtop
[11:11] {Threei} RIMM setup is back
[11:11] {Threei} Short Setup: SLW 41 break
[11:11] {Threei} if stays under .10
[11:15] {dino} vrus blood
[11:15] {Threei} 1:1 SLW
[11:15] {Threei} 1:2
[11:16] {dino} adtn sm l .98
[11:16] {rambler} beauty Vad...out 2:1.....tks
[11:17] {Threei} welcome but p[lease, make sure you do not call me beauty in the future
[11:17] {rambler} beauty and the beast...
[11:18] {dino} how about stinky
[11:24] {rambler} swing trade MELA working.....
[11:25] {Threei} RIMM no go
[11:25] {Threei} see-saw today
[11:25] {Threei} win one, lose another
[11:25] {Threei} no consistency
[11:27] {Threei} Long Setup: X 52 break
[11:27] {Threei} if loses .90, will look for aggressive entry
[11:29] {Threei} FCX Hearing Credit Suisse making positive comments
[11:30] {Threei} Short Setup: FCX .75
[11:30] {Threei} if stays under .85
[11:30] {dino} jci wants the gap
[11:34] {Threei} X target is .25
[11:35] {Threei} two partials
[11:36] {Threei} 1:1
[11:37] {Threei} half out .11
[11:37] {Threei} I came up with great strategy for you for today: take my odd calls, skip even
[11:38] {Threei} you'll be at 100%
[11:38] {Threei} stop trail to .99
[11:38] {rambler} there goes FCX...
[11:38] {_magsab} out X 1:1 +.10
[11:39] {Threei} cool
[11:39] {_magsab} thnx
[11:39] {Threei} welcome
[11:41] {dino} avid sm l .49
[11:45] {ese} out sivb .79 +.44
[11:45] {RonS} gj ese
[11:47] {dino} gj
[11:48] {ese} tks
[11:50] {Threei} scalpers win
[11:51] {_magsab} back out rest X flat
[11:55] {Threei} Long Setup: CAT .85
[11:55] {Threei} half lot
[11:55] {Threei} if stays above .75
[12:01] {Threei} (LB) Libya Govt Spokesman: Gaddafi was not killed in NATO airstrike on Tripoli compound overnight, although several other people died during the attack - world press
[12:03] {Threei} (CH) China may have raised 2011 capital adequacy ratios for its five largest banks back in March - US financial press
[12:03] {RonS} es futes on track for lowest volume day of year
[12:03] {Threei} may have?
[12:03] {Threei} is it a secret?
[12:04] {RonS} ...but how many goats?
[12:04] {Threei} CAT 1:1
[12:04] {Threei} see? odd call
[12:05] {Threei} btw, while I remember, look at amazing capture from this weekend
[12:05] {Threei} http://photography.realitytrader.com/2011/04/heron-and-golden-eagle.html
[12:08] {dino} adtn to .25
[12:08] {rambler} nice shots Vad.....
[12:08] {Threei} ty
[12:10] {RonS} epa continues its gangsta ways: http://tinyurl.com/4373jlh
[12:10] {nemo} yeah saw that
[12:12] {Threei} 1:2, out
[12:14] {dino} out adtn .26, +.28
[12:27] {Threei} Short Setup: SLW .50 break
[12:30] {ese} am outta here......have a great rest of the day all.....family easter stuff take care
[12:30] {rambler} cya ese....
[12:30] {Threei} take care ese
[12:31] {dino} bvn sm l .50 break
[12:34] {Threei} see? even call
[12:45] {Threei} rinse
[12:47] {Threei} grrr
[12:50] {dino} wow things slowed down
[12:51] {Threei} pretty much
[12:55] {RonS} hearing bvn slw wrapped up in nationalization talk coming from Peruvian prez candidates
[12:56] {dino} thx ron
[12:56] {RonS} some wondering is this might be a trend w/ the high price of silver/gold
[12:57] {RonS} is = if
[12:59] {dino} bvn stop -.11
[13:01] {dino} cymi lod
[13:24] {dino} zzzzzzzzzzzzzzzzzzzz
[13:24] {Threei} SLW looks breakdownish...
[13:26] {rambler} watching 41...
[13:27] {davd} is this a record? everytime i look the spy is the same.
[13:28] {nemo} maybe you should reload your app
[13:29] {davd} i reloaded - it moved .01
[13:31] {RonS} gj
[13:31] {nemo} is it August already?
[13:31] {RonS} freakin fed meeting...
[13:31] {nemo} and Europe was closed
[13:32] {dino} out avid .74, +.25
[13:33] {dino} .75 actually
[13:33] {nemo} you sure?
[13:33] {dino} .751 for some
[13:33] {RonS} did you re-load the app?
[13:33] {rambler} gj dino....
[13:33] {dino} thx
[13:34] {dino} yhoo takeover buzz
[13:34] {RonS} wow, that is new...
[13:38] {Threei} lol
[13:40] {RonS} mrge takeover buzz
[13:40] {RonS} just kidding but how could there not be...
[13:54] {dino} sm l tyc .00
[13:58] {dino} ntes drop
[14:02] {dino} ntes sm l .10
[14:21] {rambler} SLW back at 41...
[14:25] {rambler} SLW L .11
[14:28] {nemo} http://twitpic.com/4pgkkb
[14:29] {RonS} lol...too much...
[14:33] {dino} out ntes .40, +.30
[14:35] {rambler} dino having a good day....
[14:35] {Threei} gj
[14:36] {RonS} congratulating nemo?
[14:36] {dino} :D
[14:36] {nemo} ?
[14:37] {RonS} on the twitpic...
[14:37] {nemo} read it Vad, you'll need Depends
[14:38] {Threei} first I heard this joke was in 1982
[14:39] {nemo} Yeah, I've heard a version, but it's good
[14:39] {nemo} #42
[14:39] {Threei} not a version... this exact one, only in russian
[14:39] {nemo} frickin' Commies stole it
[14:39] {Threei} I guess
[14:48] {Threei} Long Setup: X .90 break
[14:49] {rambler} SLW 1:1
[14:49] {rambler} out
[14:49] {RonS} x reports a.m.
[14:51] {rambler} my level 2 blanko....
[14:51] {rambler} has the world ended.....?
[14:51] {Threei} not here
[14:51] {nemo} next year
[14:52] {nemo} SIMO offers
[14:53] {davd} in x .91
[15:06] {dino} tyc stopped -.11
[15:08] {davd} stop x .79 or .80 ?
[15:09] {nemo} never .05s or .00s...didn't you hear him berating me about that last week...wtf
[15:09] {davd} ii
[15:09] {RonS} ix
[15:09] {Threei} sigh
[15:10] {davd} out x
[15:23] {rambler} finally got my data back....
[15:23] {RonS} es fute contract volume less than '10 new years and xmas eve as well as for '11 so far
[15:23] {rambler} weird...
[15:23] {RonS} very unusual for a monday
[15:24] {RonS} 470 k v. ave over 1 mil
[15:24] {Threei} whole day today feels very out of orinasry
[15:24] {Threei} ordinary
[15:24] {rambler} SLW breaks 41
[15:24] {RonS} silver traded 2x the es contract volume
[15:25] {dino} calling it a day, have to leave early, thx all, good time
[15:25] {RonS} cya dino
[15:25] {Threei} take care dino
[15:26] {rambler} cya dino...
[15:26] {Threei} Short Setup: SLW 41 break
[15:31] {Threei} not my day eh
[15:31] {rambler} even trade...
[15:32] {Threei} lol
[15:47] {Threei} iShares Silver ETF CME circulates notice of raising margin requirements on silver, effective after the close of trading on Tues, 4/26- Reference Link: http://www.cmegroup.com/tools-information/lookups/advisories/clearing/files/Chadv11-149.pdf
[15:51] {RonS} look slv and zsl 1 yr daily w/ the volume...
[15:51] {RonS} seems like short capitulation day in silver...
[15:52] {Threei} serious volume spike
[16:02] {rambler} cya Vad and all, let's get it back tomorrow....
[16:02] {Threei} take care all, see you tomorrow
[16:02] {nemo} cya
[16:02] {larisa} bye :)
