The chart below shows a trade we took for 1:7 risk/reward; exploiting inverse relation between US dollar and SLW. Using UUP as indication and rough relation of 1 cent UUP movement to 15 cents of SLW, we shorted it as dollar started it's slight bounce. Chart requires no further explanations.
[08:30] {Threei} *(US) INITIAL JOBLESS CLAIMS: 429K V 395KE; CONTINUING CLAIMS: 3.641M V 3.68ME
[08:31] {Threei} *(US) Q1 ADVANCED GDP QOQ (ANNUALIZED): 1.8% V 2.0%E; PERSONAL CONSUMPTION: 2.7% V 2.0%E
[08:31] {Threei} *(US) Q1 ADVANCED GDP PRICE INDEX: 1.9% V 2.3%E; CORE PCE Q/Q: 1.5% V 1.4%E
[09:16] {davd} gm all.
[09:16] {Threei} davd :)
[09:17] {dino} gm all
[09:18] {rambler} good morning...
[09:18] {Threei} dino, rambler :)
[09:19] {RonS} howdy y'all
[09:19] {Threei} ron :)
[09:21] {nemo} AET
[09:26] {larisa} gm :)
[09:27] {rambler} wow, SLW great yesterday......
[09:27] {ese} mornin
[09:27] {Threei} larisa, ese :)
[09:28] {dino} tdsc
[09:28] {dino} itmi
[09:28] {dino} itmn i mean
[09:29] {dino} sap
[09:29] {dino} ter
[09:29] {RonS} itmn said they are not for sale...
[09:30] {jfjf64} morning all
[09:31] {dino} gap around 37
[09:31] {Threei} jf :)
[09:31] {RonS} akam punished for saying they will spend money hiring people and investing in their business
[09:32] {Threei} SLW didn't give any warning this time eh
[09:32] {jfjf64} slw using .50 support
[09:32] {jfjf64} yest
[09:33] {Threei} bounce candidate now
[09:34] {Threei} Long Setup: SLW .50 break
[09:34] {Threei} if holding .40
[09:34] {Threei} .80 target
[09:34] {jfjf64} .53
[09:34] {Threei} 1:1
[09:34] {jfjf64} in
[09:34] {Threei} half out .63
[09:34] {Threei} stop to .45
[09:35] {Threei} scalpers win
[09:35] {jfjf64} ty
[09:35] {rambler} took the scalp...
[09:36] {Threei} Long Setup: REE .80 break
[09:36] {Threei} half lot
[09:36] {Threei} of course you did rambler... what else is new {G}
[09:36] {rambler} lol
[09:38] {dino} gj
[09:38] {Natali} gm :)
[09:38] {Threei} proceeded to target after rinsing second half
[09:38] {Threei} natali :)
[09:39] {Threei} REE invalidated
[09:39] {Threei} SLW on watch for short now
[09:42] {Threei} Short Setup: SLW .30 break
[09:42] {Threei} if stays under .40
[09:43] {jfjf64} dieeeeeeeeeeeee
[09:43] {nemo} slv broke out
[09:43] {Threei} no go
[09:44] {jfjf64} rimm
[09:44] {jfjf64} look chart
[09:44] {_magsab} gm
[09:44] {Threei} morning magsab
[09:44] {Threei} SLW rinse
[09:45] {Threei} bastard
[09:48] {jfjf64} dirty bastard
[09:48] {Threei} let's see if we can get double top
[09:49] {Threei} spike over .30, consolidation, holding under .40, breakdown
[09:49] {Threei} ok
[09:50] {Threei} .30 break again
[09:50] {nemo} right
[09:50] {Threei} in
[09:50] {dino} sm l sap .90
[09:50] {nemo} I got short .29
[09:50] {dino} stop .67
[09:51] {ese} L aau sm .24
[09:51] {Threei} work this time, you useless shiny crap
[09:51] {nemo} great against werewolves
[09:51] {Threei} against shiorters too it seems, lol
[09:51] {nemo} not yet Watson
[09:51] {nemo} covered flat
[09:52] {nemo} made $2.43
[09:52] {Threei} don't spend it at once
[09:52] {patience} breakie at mcdonalds
[09:52] {Threei} market spikes
[09:53] {Threei} scratch was the right idea
[09:53] {dino} ua luv today
[09:53] {Threei} Long Setup: RIMM .50 break
[09:53] {Threei} if holding .40
[09:54] {nemo} 1/2 out mos .56
[09:55] {nemo} from .39
[09:55] {Threei} 1;1
[09:55] {nemo} 1/4 mor .65
[09:55] {_magsab} Pending Home Sales Report 10:00 AM EST
[09:56] {_rizvisy1} did you look at NG
[09:56] {dino} akam sm l .75 stop .49
[09:57] {Threei} no, but nice move
[09:57] {Threei} 1:2
[09:57] {Threei} 1:3, out
[09:57] {patience} doubled up on goldcorp
[09:57] {_rizvisy1} should I try it?
[09:57] {nemo} out last .81
[09:57] {dino} gj 3i
[09:57] {Threei} not here
[09:57] {_rizvisy1} ok
[09:57] {nemo} .39-.81 mos
[09:58] {Threei} NG was a decent setup around .25
[09:58] {ese} out aau .33 +.09
[09:58] {_rizvisy1} agree
[09:59] {Threei} Short Setup: WFC .15 break
[10:00] {RonS} got rimm .58 to .88 +.30 ese size thanks 3i
[10:00] {Threei} if stays under .25
[10:00] {Threei} (US) MAR PENDING HOME SALES M/M: 5.1% V 1.5%E; Y/Y: -11.5% V -9.3% PRIOR
[10:00] {Threei} ron :)
[10:01] {dino} akam to flat
[10:02] {Threei} crrrap
[10:02] {Threei} was watching FCX for short setup
[10:02] {Threei} and got distracted for 3 shakes of lamb tail
[10:03] {dino} stop akam, +.03
[10:03] {nemo} I got out .93 from .79
[10:03] {Threei} WFC, so far so good
[10:03] {Threei} shapes up right for .10 break and downsdrift
[10:04] {Threei} .15 is aggressive entrt
[10:05] {dino} msb sm l .00
[10:05] {dino} thinny
[10:06] {dino} tdsc going for lod
[10:07] {Threei} FCX is elusive
[10:07] {Threei} general idea is there, setup isn't clear
[10:08] {rambler} bot LSI 7.35 stop 7.15
[10:10] {patience} abx would have been a better choice than gg
[10:14] {RonS} jeez regn just poped $2...and i snarked it for only .40
[10:14] {Threei} with spread like this...
[10:15] {Threei} bethankful you got out in time
[10:15] {dino} tdsc sm l .30
[10:15] {Threei} dropped just as much and just as fast eh
[10:15] {Threei} clear case of "exit when you can, not when you have to"
[10:16] {RonS} pot percolating
[10:17] {rambler} bot BANR 2.60 stop 2.50
[10:17] {Threei} Short Setup: MON .45
[10:17] {Threei} half lot
[10:17] {dino} sap stop -.23
[10:17] {Threei} if stays under .55
[10:18] {patience} out of goldcorp
[10:19] {Threei} invalidated
[10:19] {Threei} so is WFC
[10:21] {dino} out tdsc .89, +.59
[10:23] {jfjf64} mon here
[10:23] {jfjf64} ??
[10:23] {Threei} nah
[10:23] {jfjf64} ty
[10:23] {Threei} let's try FCX other way around
[10:23] {Threei} Long Setup: FCX .70 break
[10:23] {Threei} if stays above .60
[10:24] {_rizvisy1} did you look at REE
[10:24] {Threei} correction .65 break
[10:25] {Threei} invalidated but not off radar
[10:25] {Threei} watching still
[10:25] {Threei} REE, earlier in the morning, yes
[10:25] {Threei} [09:36] {Threei} Long Setup: REE .80 break
[10:25] {Threei} Long Setup: FCX .60 break
[10:26] {_rizvisy1} got u
[10:26] {Threei} if stays above .50
[10:26] {Threei} shapes up as double bottom
[10:27] {Threei} needs this .60 break
[10:27] {Threei} 1:1
[10:28] {RonS} got .64 to .74 fcx thanks 3i
[10:29] {Threei} :)
[10:29] {jfjf64} ty
[10:29] {Threei} yw
[10:29] {Threei} (stinkin' scalpers)
[10:30] {_rizvisy1} lol
[10:30] {Threei} General Motors Corp CEO: Balance sheet at the company is the best is has ever been since the 1950s, as long as gas prices stay near $4/ the company is fine
[10:31] {Threei} (GE) IMF planning to review the Greece strategy on fiscal sitaution; will study debt sustainability
[10:31] {RonS} "and, btw, thanks you taxpaying suckers"
[10:31] {Threei} exactly
[10:31] {Threei} you study that debt, IMF
[10:31] {Threei} study it good
[10:31] {rambler} egzactly.....
[10:32] {Threei} before it crashed the spines of every slave on the planet
[10:33] {patience} tsx wants to go red
[10:33] {Threei} frikin imbeciles... where were you while they all were ramping up that debt as if prosperity can be built on borrowing
[10:34] {dino} easy big guy
[10:34] {nemo} fcx again
[10:36] {Threei} FCX, I'd look for short entry here
[10:36] {Threei} Short Setup: FCX .70 break
[10:36] {nemo} I took it long .56 don't jinx me
[10:36] {ese} can see this load of steam rising in the sky a little norht of me here dino
[10:36] {ese} north
[10:36] {Threei} stop above .80
[10:37] {Threei} let's trail FCX stop to .76
[10:38] {Threei} want to keep it as safe as possible
[10:38] {nemo} I took some off .72
[10:38] {Threei} in case nemo wins
[10:38] {Threei} :)
[10:38] {nemo} already have, in .56
[10:38] {Threei} .56 was good entry
[10:38] {nemo} quasi DB
[10:38] {Threei} yeah
[10:38] {nemo} drunken DB
[10:38] {nemo} .49 was pivot so easy play
[10:39] {Threei} easy for you - you know how to spell pivot
[10:39] {nemo} peevoht
[10:39] {Threei} me, I stumble at "pivo" which russian for beer
[10:40] {ese} anyone still long REE......i'm in at .90....missed vads call at .80
[10:40] {Threei} I'd treail stop to .15 here, ese
[10:40] {_rizvisy1} i missed REE
[10:40] {Threei} and start partialling out
[10:41] {_rizvisy1} at .8
[10:41] {ese} have done already
[10:41] {ese} .25 now
[10:41] {dino} brcm sm l .01
[10:41] {Threei} .25 is a bit too tight... I'd use .19
[10:41] {ese} ok
[10:41] {jfjf64} mcp
[10:41] {Threei} give it just a little more breathing room, it's on a roll
[10:42] {jfjf64} dtop
[10:42] {_rizvisy1} should i try REE at .10 3i?
[10:42] {Threei} at .10?
[10:42] {nemo} kick tna fro me I'm in .41
[10:42] {Threei} it's at .30
[10:42] {Threei} and spiking
[10:43] {_rizvisy1} sorry at .25 on its pull back?
[10:43] {Threei} can't tell in advance...
[10:43] {_rizvisy1} ok
[10:43] {Threei} depends on how it gets there and what market is dfoing at the time
[10:43] {_rizvisy1} got u
[10:43] {nemo} in mcp .51
[10:43] {ese} stop .29
[10:43] {Threei} sometimes it's possible to set entry scenario in advance, but this is not the case
[10:43] {nemo} half out .76
[10:44] {Threei} MCP break is fuelling REE
[10:44] {nemo} 1/4 mor .99
[10:44] {Threei} wtg
[10:44] {nemo} .98
[10:45] {dino} gj
[10:45] {Threei} FCX, move already while we are young
[10:45] {nemo} stop is the whole on MCP
[10:46] {Threei} ummm... too late for that... correction: while we are alive
[10:46] {dino} gpro spike
[10:46] {nemo} out .99
[10:46] {Threei} stopped FCX
[10:46] {Threei} GPRO halt
[10:46] {ese} ree to .35 lookin weak now
[10:47] {Threei} GPRO Halted: circuit breaker followign reports company hired an advisor to evaluate strategic alternatives
[10:47] {nemo} all
[10:47] {dino} nice spread
[10:47] {nemo} ALL
[10:47] {dino} 3 bucks
[10:47] {ese} out .34
[10:47] {Threei} wtg
[10:48] {Threei} good management
[10:48] {ese} tks.......
[10:48] {ese} too bad i missed the call at 80...tks vad
[10:48] {dino} vdsi sm l .50
[10:48] {ese} +;.44
[10:51] {dino} gj
[10:51] {Threei} good stopout on FCX
[10:51] {nemo} hehehehehe
[10:51] {dino} sap sm l .36
[10:51] {Threei} anyone feels like smacking nemo up and down?
[10:51] {Threei} feel free
[10:52] {nemo} did I mention TNA from .41
[10:52] {Threei} no but we hate you even more now
[10:53] {nemo} I wussed on MCP, could have gotten another .50 out of it
[10:53] {Threei} that does it
06[10:53] * Threei slaps nemo around a bit with a large trout
[10:53] {dino} sssssssssllllllllllllllllllaaaaaaaaaaaaaaaaaaaappppppppppppppping nemo
[10:54] {nemo} yeah, that's Dino calling the Kettle black. mofo
[10:54] {dino} :O
[10:54] {nemo} besides, in your own words, you're just lucky
[10:54] {dino} better
[10:55] {dino} :D
[10:55] {ese} nice nemo......
[10:57] {nemo} akam
[10:57] {RonS} quote of the day (a comment on a certain stock):
[10:58] {RonS} "shorts hate it more than muslims hate gay jewish alcoholic catholic priests fighting for contractors in iraq"
[10:58] {Threei} I would hate that guy too
[10:59] {nemo} OSK
[11:02] {dino} sap stop -.16
[11:08] {Threei} (RU) Russia plans to raise export duties on light oil products to 90% of crude export fee, up from 67%, effective May 1 - press citing govt sources
[11:08] {Threei} lol
[11:09] {dino} regn drop
[11:10] {jfjf64} cnx .60 break s
[11:13] {RonS} i have this headline on regn but have no idea what it means:Avastin on par with Lucentis--side effects seen 04/28 08:45 AM
[11:13] {dino} f'ing sap rinsed
[11:14] {nemo} means it has a competitor
[11:14] {dino} avastin .05% more side effectys, lucentis higher cost
[11:14] {RonS} who makes what?
[11:14] {dino} 5%
[11:14] {jfjf64} 1/1
[11:14] {dino} regn=luc
[11:15] {RonS} guess i'm happy w/ my .40 now...:O
[11:15] {dino} y
[11:15] {nemo} itmn ftnt
[11:16] {RonS} ya know what...that news article on regn said that this study was leaked yesterday to the NYT
[11:17] {jfjf64} die cnx
[11:21] {jfjf64} grr
[11:21] {jfjf64} 2nd piece
[11:29] {dino} i dfon't know what to make of it ron
[11:31] {dino} bhp spike
[11:32] {RonS} ya dino, regn off my screen now
[11:32] {dino} wtf regn
[11:32] {dino} just spike 3
[11:33] {jfjf64} crr up ton day omg
[11:35] {dino} brcm stop -.22
[11:36] {dino} not really my day
[11:37] {jfjf64} ditto
[11:37] {patience} ditto
[11:37] {patience} made daily in first hour
[11:37] {patience} but
[11:38] {patience} my gut says one thing about sectors i trade while my eyes see something else....so i do nothing
[11:38] {ese} ok.....ask yourself this...."should we be associating ourselves with a guy like ese when.........." so i'm taking my son to school but before i do i put the garbage out....then after i've loaded my son into the vehicle and back out to go.......YES!!!! I back over the garbage and spread it all over the street and just before i'm about to clean it up....some
[11:38] {ese} dufuss runs over it.......sheesh
[11:39] {patience} who needs a trash compactor in their kitchen, come on over ese
[11:39] {ese} ya thanks
[11:39] {RonS} gettin soapy in here...true confessions...
[11:40] {jfjf64} or use rear view mirror
[11:40] {ese} knew it.......knew i wasn't gonna get any sympathy on this board
[11:41] {dino} lol
[11:41] {jfjf64} tough crowd
[11:41] {ese} yup
[11:42] {jfjf64} and the captain must be eatin bacon
[11:42] {Threei} you have a problem with that?
[11:42] {jfjf64} lol
[11:43] {jfjf64} im thinkin blt 4 lunch
[11:43] {jfjf64} with cold 1
[11:44] {Threei} just keep broccoli out of menu
[11:44] {Threei} and we can remain on speaking terms
[11:46] {davd} dollar is getting stronger
[11:47] {Threei} about friggin time
[11:47] {jfjf64} gld gettin hit
[11:47] {Threei} look at SLW
[11:47] {Threei} and USO
[11:47] {patience} yup
[11:48] {jfjf64} 42.00
[11:48] {jfjf64} slw break
[11:48] {jfjf64} missed
[11:48] {Threei} no news that I see
[11:48] {jfjf64} talkin bout bacon
[11:48] {davd} dollar isnt up - gd forbid - just off its lows
[11:50] {patience} haven't got dino's skill in shorting strong stocks
[11:50] {nemo} he's just lucky anyway
[11:50] {Threei} lol
[11:51] {davd} wheat/corn tanking
[11:51] {RonS} trn trainwreck
[11:55] {dino} .
[11:55] {Threei} if dollar goes green, shorting someof commodities for a bigger drop might be the thing to do
[11:56] {Threei} ideal scenario:
[11:57] {Threei} SLW bounces into 42,
[11:57] {Threei} stalls, UUP breaks 21.02
[11:57] {Threei} we shoirt SLW near 42
[11:57] {Threei} UUP goes 5-10 cents up, we pcokect a dollar or two drop SLW
[11:58] {RonS} ...and call ourselves "dino lucky"...
[11:59] {dino} taking some abuse here
[12:00] {patience} you can handle it :)|
[12:00] {Threei} hehe
[12:01] {dino} ;)
[12:01] {dino} akam rinsed too
[12:01] {Threei} UUP is getting ready
[12:02] {Threei} SLW dropped at 1 cent uptick
[12:02] {Threei} we may have to short .50 break
[12:02] {Threei} toughie...
[12:03] {Threei} don't like to short after such sharp spike down
[12:03] {Threei} no setup on its own, pure reaction on dollar
[12:04] {patience} i would feel more confident shorting if the index was dropping firmly but its not
[12:05] {dino} and i will feel more comfy after i get a sandwich
[12:08] {nemo} watch tna in relation to spy here, spy goes, try to get tna .51
[12:09] {nemo} mcp vwap at .40
[12:09] {dino} regn sm l .15 stop .98
[12:10] {nemo} in .51
[12:10] {nemo} will partial tight at lunch
[12:10] {nemo} got partial partial at .59
[12:10] {nemo} there it is
[12:10] {nemo} almost free trade now
[12:11] {dino} stop.
[12:11] {nemo} .39
[12:11] {nemo} lunchtime trade
[12:11] {nemo} spy at VWAP
[12:14] {nemo} 1/4 more .69
[12:14] {nemo} free trade now
[12:14] {davd} nemo is vwap 10 15-min/ 30 periods?
[12:14] {davd} sorry 15-min/30 minutes?
[12:14] {nemo} BRCM
[12:14] {nemo} Freestockcharts.com
[12:15] {nemo} it's for the day
[12:15] {jfjf64} .60 break short slw
[12:15] {nemo} I use 1 and 3 minute charts
[12:16] {jfjf64} invalid
[12:19] {nemo} raising stop to .69, would like 93 area
[12:23] {nemo} looks like quasi-scalper win coming
[12:25] {jfjf64} gs lower
[12:26] {Threei} Short Setup: SLW .80 break
[12:27] {Threei} invalidated
[12:28] {nemo} F me TNA
[12:29] {nemo} shoulda kept stop BE
[12:29] {nemo} you still in dino?
[12:29] {jfjf64} .90
[12:29] {jfjf64} ?
[12:34] {Threei} Short Setup: SLW .90 break
[12:34] {_rizvisy1} hey 3i, i was away any chance to get in SLW for short setup?
[12:35] {Threei} ,90 break
[12:35] {_rizvisy1} ok
[12:35] {dino} in what?
[12:35] {Threei} if stays under 42
[12:35] {_rizvisy1} k
[12:37] {ese} L USAT .64 1/2
[12:40] {jfjf64} in .90 jumped
[12:40] {Threei} watch UUP
[12:40] {Threei} green wave should send SLW down
[12:41] {_rizvisy1} set up is not clear for uup
[12:42] {Threei} no
[12:42] {davd} what are you drinking 3i? uup green?
[12:42] {Threei} I don't mean playing UUP
[12:42] {Threei} I mean using it as indicator for SLW
[12:42] {Threei} inverse relation
[12:42] {Threei} and each cent of UUP move equals 10-15 cents of SLW
[12:42] {_rizvisy1} oh ok
[12:43] {Threei} see this?
[12:43] {Threei} merely buying at UUP, not even uptick
[12:43] {Threei} and SLW drops like a stone
[12:44] {Threei} davd... color blind, aren't we {G}
[12:44] {_rizvisy1} thats an awsome observation of correlation
[12:47] {Threei} 1:1
[12:47] {Threei} half out
[12:48] {jfjf64} ohh babyyyyyyyyyy
[12:48] {davd} yes, good correlation 3i. i meant actually green - dumb joke
[12:49] {Threei} hey!! you are threading into dangerous territory here! dumb jokes is MY privilege
[12:49] {rambler} out ....tks V
[12:49] {Threei} :)
[12:49] {jfjf64} out
[12:49] {jfjf64} +15 cents
[12:49] {jfjf64} ty
[12:50] {Threei} scalpers scalpers... everyone is a scalper...
[12:50] {jfjf64} correlation haaa
[12:50] {Threei} 1;2, 1/4 more out
[12:52] {jfjf64} looks like inv c/h
[12:52] {jfjf64} forming
[12:53] {Threei} last part plan:
[12:53] {jfjf64} now thinkin sd of held piece
[12:53] {Threei} stop is breakeven, not covering it into further drop, rather trailing stops
[12:53] {Threei} and waiting for new lows for the day and sharp vertical drop
[12:54] {jfjf64} now ya tell me
[12:54] {Threei} with any UUP help, target is about 41.20
[12:54] {jfjf64} lol
[12:54] {Threei} hey, I am railing against stinkin' scalpers asll day :)
[12:55] {Threei} then again, I am railing against so many things, it may be hard to distinguish, lol
[12:58] {Threei} 1:3
[12:58] {Threei} if I weren't so damn greedy I'd cover here in full
[12:59] {Threei} stop to .80
[12:59] {Threei} no lose territory
[12:59] {jfjf64} it takes .50 out
[12:59] {jfjf64} ya good
[13:00] {Threei} ya think?
[13:01] {jfjf64} imo
[13:01] {jfjf64} yest lots traffic
[13:01] {jfjf64} if that means anything
[13:01] {Threei} hmm?
[13:01] {Threei} losst me
[13:03] {jfjf64} yest late afternoon .50 was lot of resistance
[13:03] {Threei} here comes next UUP uptick
[13:03] {Threei} let's see some action, SLW
[13:04] {jfjf64} you bastard
[13:04] {Threei} iss it right spelling?
[13:04] {Threei} I prefer bustard
[13:05] {jfjf64} 3i likes da bust
[13:06] {Threei} hmmm
[13:06] {Threei} well
[13:06] {Threei} I'd hard pressed to deny that
[13:06] {dino} regn sm l .00
[13:06] {jfjf64} lol
[13:07] {jfjf64} uup
[13:07] {Threei} looks determined, doesn't it
[13:07] {Threei} good girl SLW
[13:09] {Threei} 1:4
[13:09] {Threei} 2.5-3 cents UUP, 40 cents SLW
[13:09] {Threei} [12:42] {Threei} and each cent of UUP move equals 10-15 cents of SLW
[13:10] {jfjf64} you might need shot after this play
[13:10] {Threei} AFTER?
[13:10] {jfjf64} well played
[13:10] {jfjf64} lol
[13:10] {davd} grains down huge
[13:10] {Threei} do you think I'd find it if I haven't had one BEFORE?
[13:11] {davd} you cant win jf
[13:11] {jfjf64} here comes all the play inv c/h break
[13:11] {davd} oil lod re uso
[13:11] {Threei} 1:5
[13:12] {jfjf64} comon sukers push it downnnnnnnnnnnnnnn
[13:12] {Threei} uptick UUP
[13:12] {jfjf64} lod lod lod lod
[13:12] {Threei} 1:6
[13:13] {jfjf64} wher ya stop
[13:13] {Threei} covered all but last 100 shares
[13:13] {Threei} stop to above .50
[13:13] {dino} tdsc lod
[13:14] {Threei} 1:7
[13:14] {Threei} original target
[13:14] {Threei} 12:54] {Threei} with any UUP help, target is about 41.20
[13:14] {Threei} over and out
[13:15] {rambler} nice one Vad...
[13:15] {rambler} bounce time...?
[13:16] {jfjf64} jf reading trader routiines letting winners run
[13:20] {Threei} not sure rambler
[13:21] {davd} nemo s&p gap down to 1350?
[13:22] {nemo} Hi guys, sorry nodded off
[13:23] {Threei} jeez
[13:23] {nemo} tired
[13:23] {Threei} slept through the milk tade of the dsay
[13:23] {Threei} which will make catch of the day too
[13:23] {nemo} I've had 3 or 4 milktrades today
[13:24] {nemo} another one and I can start calling myself "Dino"
[13:24] {rambler} scalped SLW pop for .12
[13:24] {davd} or mcdonalds
[13:24] {dino} gj
[13:25] {dino} nemo, see if i did this right, regn vwap 62.25 area?
[13:25] {jfjf64} easy with the med nemo not night time
[13:25] {nemo} yep, where
[13:25] {jfjf64} meds
[13:25] {dino} ty
[13:26] {nemo} wow, bounced at fib 100%
[13:26] {nemo} nice frickin gap play
[13:26] {nemo} wow
[13:27] {nemo} where you in Dino
[13:27] {nemo} ?
[13:27] {dino} 60
[13:28] {nemo} nice
[13:28] {_rizvisy1} 3i, looking for YGE for a setup retraction
[13:28] {dino} stop to .80
[13:29] {Threei} YGE is a bit too slow...
[13:29] {dino} out .84, +.84
[13:29] {Threei} .20 break is legit short
[13:29] {Threei} just don't count on much
[13:29] {Threei} wetg dino
[13:29] {dino} ty
[13:31] {jfjf64} think i will hv another cold 1
[13:31] {jfjf64} ty
[13:32] {dino} nice
[13:33] {dino} cymi sm l .00
[13:33] {jfjf64} day is turnin around
[13:33] {nemo} too liquid for me
[13:34] {dino} crazy moves
[13:34] {jfjf64} slw playin with 41.00
[13:43] {rambler} another SLW scalp for .10
[13:44] {dino} gj
[13:44] {jfjf64} nice
[13:47] {nemo} POT
[13:49] {jfjf64} short
[13:49] {nemo} 55.80 area if it drops this
[13:49] {jfjf64} bounce
[13:50] {nemo} yes, but watch $
[13:50] {rambler} another bounce off 41
[13:51] {nemo} you scalp it again rambler?
[13:51] {rambler} not this time..
[13:52] {rambler} gotta run for a bit....
[13:52] {Threei} {SLW} leave me alone finally, you scalpers you
[13:53] {_rizvisy1} is SLW worth a chance for .10 still? scaplers
[13:54] {Threei} can't tell... action lost energy, harder to read
[13:54] {_rizvisy1} increased volume show selling ?
[13:55] {_rizvisy1} momentum is rising though
[13:55] {Threei} feels like tide is turning
[13:55] {Threei} but it's not a movement I'd trade
[13:56] {Threei} a bit too jellyfishy if that's a word
[13:56] {RonS} tdsc down 15.7% on +51% rev, +62 gp...and 2:1 stock split announcement
[13:56] {nemo} POT bounced at .85
[13:59] {dino} ron, but only matched expectations
[13:59] {RonS} just went bloody
[14:00] {dino} brutal, just l;ike ua -10 on a beat and raise
[14:11] {nemo} look for SLV short?
[14:14] {Threei} not just yet but the idea is there
[14:15] {nemo} TDSC
[14:20] {rambler} swing ttrade AEZS perking along....
[14:24] {nemo} hey Dino, regn hit vwap
[14:24] {dino} yeah, without me, bummer
[14:25] {dino} thx for the vwap site, btw, i'll start looking at them
[14:25] {nemo} pivot points too
[14:25] {nemo} it's a framework that the stocks often respect
[14:26] {Threei} and if not, you can always pull dangerfield
[14:26] {dino} dashed lunes are pivots?
[14:26] {nemo} it's an indicator you can put in, yes, and you can format the vwap line however you want
[14:54] {dino} ffbc
[14:55] {dino} wtf was that
[14:56] {Threei} erronous print I'd think
[14:56] {Threei} US Dollar vs Chinese Yuan Sen Schumer: More convinced than ever laws are needed to force China to revalue Yuan
[14:58] {RonS} hey chuckie, jet on over to china and get it passed...
[15:03] {rambler} nice drop on SLW
[15:04] {jfjf64} fcx drop
[15:04] {jfjf64} missed
[15:08] {rambler} SLW L 41
[15:10] {rambler} out for scalp......12
[15:10] {jfjf64} gj
[15:11] {Threei} {SLW} abuse I take...
[15:11] {dino} gj
[15:11] {rambler} easy 100 bucks...
[15:11] {jfjf64} our bitch
[15:12] {jfjf64} oops
[15:12] {rambler} lol
[15:12] {_rizvisy1} rambler,iam impressed
[15:12] {rambler} don't be...
[15:13] {_rizvisy1} i remain undecided most of the time
[15:13] {RonS} nemo must be sleeping
[15:13] {_rizvisy1} lack of decision prob
[15:13] {rambler} took a shot on bounce off whole number....41
[15:13] {davd} thar she blows
[15:13] {nemo} 41 been significant in SLW for a while
[15:14] {_rizvisy1} look like now
[15:14] {rambler} yup
[15:17] {_rizvisy1} what r u guys, millionaire
[15:18] {Threei} we have a system
[15:18] {Threei} we work it
[15:18] {Threei} system generates signal, we take it
[15:18] {jfjf64} you sound surprized rizzy
[15:18] {Threei} system doesn't we are in coma
[15:18] {nemo} or insulting each other
[15:18] {Threei} or that
[15:18] {_rizvisy1} yeah first day herre
[15:18] {jfjf64} the reality group
[15:19] {_rizvisy1} I am looking forward for good days ahead
[15:19] {nemo} this minute is all that counts
[15:19] {nemo} the future may or may not come
[15:19] {_rizvisy1} agree
[15:20] {jfjf64} grey goose
[15:20] {nemo} and copious ammounts of connubial pleasures
[15:20] {dino} indeed
[15:20] {jfjf64} imo breakdn slw 41
[15:20] {nemo} didn't even know I knew that word
[15:22] {jfjf64} thoughts 3i
[15:22] {jfjf64} ?/
[15:22] {Threei} thoughts???
[15:23] {Threei} me???
[15:23] {Threei} jf, have you ever meet me?
[15:23] {jfjf64} i forgot
[15:23] {nemo} what, whether yuo met him?
[15:24] {Threei} probably jf...
[15:24] {jfjf64} aggresive here
[15:24] {jfjf64} stop.25
[15:25] {dino} vdsi to .52, msb to .04, cymi to .89
[15:27] {jfjf64} spike spy
[15:29] {jfjf64} .15 short
[15:30] {_rizvisy1} fcx up again
[15:30] {rambler} looks like a strong finish...
[15:31] {rambler} holy crap...!!
[15:31] {_rizvisy1} what
[15:31] {rambler} spy jumps...
[15:31] {nemo} market should continue to go up until end of QE2
[15:33] {_rizvisy1} any suggestions for FCX
[15:33] {RonS} buy low, sell high?
[15:34] {Threei} oullback closer to .60, I'd get intereated
[15:34] {_rizvisy1} so .6 may be a good entry you mean?
[15:35] {dino} back in ten
[15:36] {Threei} right
[15:37] {rambler} SPY flagging....
[15:50] {dino} hmmm, all three stops hit, msb +.02, vdsi +.02, cymi -.11
[15:53] {Threei} OK guys, thaank you all
[15:53] {Threei} have a good evening, see you tomorrow
[15:54] {rambler} thanks Vad, good day.....
[15:54] {_rizvisy1} thnx
[15:54] {rambler} cya all...
[15:55] {jfjf64} ty good night
