Catch if the day is a last trade, RIMM short. Classic DBI, absolute textbook. No comments needed.
[08:39] {Threei} *(US) Q1 EMPLOYMENT COST INDEX: 0.6% V0.5%E
[08:39] {nemo} RIMM STB'd
[08:40] {Threei} yeah, earnings
[08:40] {nemo} would like to see it get back to 49.80
[08:42] {nemo} 49 a level
[08:44] {nemo} see the deer chasing off the crows?
[08:48] {Threei} yeah
[08:49] {nemo} didn't realize it was a buck, but his antlers should have been growing by now
[09:07] {rambler} morning all....
[09:07] {Threei} rambler :)
[09:09] {RonS} gm rimm trainwreck watchers
[09:09] {Threei} ron :)
[09:12] {nemo} yeah, I was tempted to short when it dropped .73
[09:13] {dino} gm all
[09:14] {Threei} dino :)
[09:18] {_rizvisy1} Good morning everyone
[09:18] {Threei} morning riz
[09:19] {nemo} don't tell me, short SLW on the open
[09:19] {Threei} where did that come from
[09:20] {nemo} it was a running joke
[09:20] {nemo} you were here weren't you
[09:20] {Threei} I am not even sure where I am now
[09:21] {ese} morning
[09:21] {Threei} you expect too much awareness from me
[09:21] {Threei} ese :)
[09:21] {nemo} hey riz, that's too much optimism for the morning
[09:21] {ese} lol
[09:22] {Threei} I am really struggling today... trying to find any single TV channel without wedding coverage
[09:23] {ese} saw some of the pre-recorded stuff this morning on CBC......thought it was great
[09:23] {davd} history channel
[09:24] {_rizvisy1} on history they are showing Lady Diana wedding....
[09:24] {Threei} {--- crying
[09:24] {Threei} hey! weather channel!!
[09:24] {Threei} whew
[09:25] {ese} was in the Zurich Switzerland airport when that happened
[09:25] {davd} no way - weather channel highlighting english weather
[09:26] {RonS} lol
[09:26] {Threei} btw, everyone looked ate yestetday's catch of the day?
[09:26] {larisa} gm :)
[09:26] {Threei} larisa :)
[09:27] {ese} not yet
[09:27] {gregns} yes
[09:28] {jfjf64} mornin all
[09:28] {_magsab} gm
[09:29] {Threei} jf, magsab :)
[09:31] {jfjf64} slw
[09:32] {jfjf64} break 41
[09:32] {jfjf64} yahooooooooooo
[09:33] {jfjf64} nice chart blog yest 3i
[09:34] {jfjf64} wow rimm
[09:34] {jfjf64} guess bd earnings
[09:35] {Threei} yeah
[09:35] {RonS} lowered guidance
[09:36] {RonS} cat's numbers were kinda staggering
[09:38] {Threei} yeahcrap
[09:38] {Threei} prepared call to sort SLW at 41.10 and never got a chance to use it
[09:39] {nemo} hehehehehh...what I tell ya?
[09:39] {Threei} anyway, rather a bounce candidate now
[09:39] {nemo} [09:19] {nemo} don't tell me, short SLW on the open
[09:40] {dino} knd sm l .50
[09:40] {jfjf64} that long wick slw
[09:41] {Threei} {SLW} yeah, I am proud
[09:41] {jfjf64} played with entry
[09:41] {jfjf64} ba
[09:42] {jfjf64} imo
[09:42] {jfjf64} short here
[09:42] {Threei} Short Setup: SLW .75 break
[09:42] {Threei} if stays under .85
[09:42] {jfjf64} lol
[09:43] {jfjf64} ba
[09:45] {Threei} 1;1
[09:48] {Threei} out in full
[09:49] {jfjf64} ty3i
[09:49] {rambler} thanks V
[09:49] {jfjf64} ty slw
[09:49] {Threei} welcome
[09:50] {Threei} Long Setup: RIMM .90 break half lot
[09:50] {Threei} if stays above .80
[09:51] {Threei} valid again
[09:53] {Threei} same stop, under .80
[09:54] {Threei} Long Setup: SLW .40 break
[09:54] {Threei} stop under .30
[09:55] {Threei} 1:1
[09:55] {Threei} RIMM no go
[09:55] {Threei} SLW 1:2
[09:55] {Threei} out in full
[09:56] {rambler} loser on rimm and missed slw.....crappers...
[09:57] {gregns} me too, wrong choice
[10:01] {Threei} CAT
[10:02] {Threei} bounce time
[10:02] {Threei} last leg down
[10:02] {Threei} Long Setup: CAT .20 break half lot
[10:03] {Threei} target is about .40 - .45
[10:04] {Threei} two partials
[10:04] {Threei} half out
[10:05] {Threei} target hit, out
[10:05] {gregns} out .39 and .44
[10:05] {Threei} :)
[10:06] {RonS} got cat .21 to .44
[10:07] {Threei} look at the precision of the top
[10:07] {rambler} break on ZOLL
[10:10] {Threei} you are changung your name to dino?
[10:11] {Threei} 50 cents spread, lol
[10:11] {nemo} long pot .41
[10:11] {nemo} 1/2 .53
[10:11] {ese} L gt .87
[10:11] {rambler} a bit nuts for sure..
[10:12] {Threei} a bit? it redefines nuts
[10:12] {Threei} nuts feel sane next to zoll
[10:13] {nemo} little more .62
[10:13] {ese} out 1/2 +.12
[10:14] {Threei} FCX on watch for short entry
[10:14] {ese} stop to break even balance
[10:14] {Threei} Short Setup: FCX .85 break
[10:15] {Threei} .95 stop
[10:15] {Threei} .65 target
[10:15] {nemo} added to pot .65 took 1/2 .75
[10:15] {nemo} full lot
[10:16] {nemo} stop is .63
[10:16] {Threei} touched 1:1, I was a bit slow to partial
[10:16] {Threei} stop to .91
[10:17] {dino} knd sm l .15
[10:17] {ese} out of there .97 balance +.10
[10:17] {ese} that was good enogh
[10:17] {ese} 3k/3k
[10:18] {nemo} took half .85 pot
[10:18] {Threei} 1:1, half out
[10:19] {Threei} stop to .86
[10:20] {nemo} why not 55 stop on fcx?
[10:20] {Threei} hmm?
[10:21] {Threei} why would I make it so wide?
[10:21] {Threei} it topped at .90
[10:21] {Threei} 5 cents padding for volatility
[10:23] {rambler} took the scalp...
[10:24] {Threei} noooo... not you
[10:24] {Threei} 1:2
[10:24] {Threei} target hit
[10:26] {jfjf64} not bad 3i
[10:26] {jfjf64} ty
[10:26] {Threei} sure thing
[10:26] {nemo} idiot mee I got out of my final pot at 56
06[10:27] * Threei orders a badge saying "Not bad", to wear proudly
[10:28] {rambler} SLW pop...?
[10:28] {Threei} noy sure
[10:28] {Threei} not
[10:29] {rambler} yup, got that one...
[10:30] {rambler} .52 to .60
[10:36] {dino} ua sm l ave .74
[10:37] {RonS} knd target dino?
[10:38] {dino} tdsc sm l .50
[10:38] {dino} knd 25
[10:39] {RonS} wow...25...
[10:41] {dino} anything can happen, lets give it time
[10:41] {nemo} SLW MHS
[10:43] {RonS} gonna tag out at 23.92...and re-enter on a 24 break and re-test
[10:46] {rambler} SLW L .23
[10:47] {dino} ok
[10:47] {rambler} out half
[10:48] {gregns} gj ram
[10:49] {Threei} nice
[10:51] {gregns} SLW inverted c & h ?
[10:51] {nemo} yeah bought .25 on the previous leg
[10:51] {Threei} tries to form it, yes greg
[10:52] {_rizvisy1} any suggestions for entry on SLW?
[10:53] {rambler} out slw in full....
[10:55] {Threei} don't see anything here riz
[10:55] {_rizvisy1} ok, will wait...
[10:56] {rambler} here she goes
[10:56] {rambler} crap
[10:57] {rambler} bit of a pop
[11:01] {rambler} got a scalp out of all that anyway....
[11:05] {dino} nxpi spike
[11:08] {dino} out tdsc .92, +.42
[11:09] {rambler} good job dino
[11:09] {dino} ty
[11:12] {jfjf64} imo cern lowerrrrrrrrr
[11:12] {jfjf64} break
[11:13] {RonS} bz rocket
[11:14] {dino} ua stopped
[11:18] {Threei} Short Setup: FCX .40 break
[11:23] {nemo} nope didn't get it
[11:23] {_rizvisy1} 3i missed FCX
[11:23] {jfjf64} yest low
[11:24] {Threei} second chance
[11:24] {_rizvisy1} at .36
[11:24] {nemo} ow
[11:24] {Threei} why?
[11:24] {Threei} it bounced into .39-.40
[11:25] {Threei} exactly trigger price
[11:25] {nemo} noob
[11:25] {_rizvisy1} ok, so once it get at .4 u mean
[11:25] {nemo} broke .40, as in a .39 on T&S
[11:26] {RonS} out knd .92 +.60 thanks dino
[11:26] {dino} gj ron
[11:27] {Threei} stopped
[11:27] {_rizvisy1} got it thnx 3i
[11:37] {Threei} rofl
[11:37] {Threei} 44% Say Fed Press Conferences Good for Economy
[11:37] {Threei} how stupid can people be?
[11:38] {RonS} the real Q is why answer such a stupid question?
[11:38] {Threei} or why even come up with it?
[11:38] {Threei} on the other hand,
[11:38] {Threei} 58% Say There's Too Much Media Coverage of Royal Wedding
[11:38] {davd} so when i pump gas i am less mad?
[11:39] {Threei} National GOP Primary Poll: Trump 19% Romney 17% Huckabee 15%
[11:39] {Threei} oh god
[11:39] {RonS} well 3i, the question is to cover what the prez wants...justification for more exposure
[11:39] {Threei} I guess
[11:40] {davd} i think thomas jefferson is puking
[11:40] {RonS} bulimic?
[11:40] {Threei} I can see his thinking "I am so glad I am dead"
[11:41] {Threei} him
[11:53] {dino} osk sm l .5
[11:55] {Threei} Short Setup: FCX .80 break
[11:55] {rambler} SLW S .39
[12:04] {Threei} jellyfish time
[12:04] {Threei} feel free to scratch FCX
[12:06] {Threei} out
[12:06] {rambler} out SLW -.11
[12:11] {nemo} this frickin' .50 seller on MCP won't lift
[12:11] {dino} out knd .15, +1.00
[12:12] {nemo} lifted but died
[12:13] {Threei} GCX worked after all
[12:13] {Threei} but tgrading it at this point is like poking amoeba
[12:13] {RonS} gj dino
[12:13] {RonS} target osk .78 here
[12:13] {Threei} although dino demonstrates that poking it could be profitable
[12:15] {dino} ty ron
[12:17] {_rizvisy1} any thoughts for SLV
[12:19] {Threei} nope
[12:19] {Threei} no setups, no energy
[12:19] {Threei} or if I may say so, no nothing
[12:20] {_rizvisy1} ok thnx, got it
[12:25] {dino} knd scared me out
[12:28] {RonS} osk is thick...no pulp
[12:32] {dino} nope, looking for .80s
[12:36] {RonS} out osk .78 +.35 thanks dino
[12:36] {dino} gj
[12:36] {dino} rah spike
[12:37] {RonS} holy smokes
[12:44] {dino} unsolicted bid
[12:45] {RonS} No Ongoing Discussions Between Conagra, Ralcorp -CNBC 04/29 10:42 AM
[12:45] {dino} what was bid?
[12:45] {RonS} Conagra Said Made Unsolicited Offer For Ralcorp About 2 Mos Ago -CNBC 04/29 10:41 AM
[12:48] {RonS} ...this company always cracked me up...the ole Ralston Purina co...sold their dog food biz and makes private lable breakfast cereal
[12:48] {RonS} not much diff i guess
[12:49] {dino} lol
[12:52] {Threei} hey, it's still better than sandpaper company making toilet paper
[12:53] {dino} indeed, but(t) i think a few do from my experience
[12:53] {RonS} funny
[12:54] {_rizvisy1} 3i any idea for SLW
[12:56] {Threei} .50 is a short trigger but the trade is 50/50 at this point in timr
[12:57] {Threei} .65 is long trigger but percentage of success is the same
[12:57] {_rizvisy1} yeah okk
[12:57] {Threei} just wrong time
[12:57] {RonS} dog food plants smell almost as bad as pulp mills...but not as bad as hog lots...
[12:58] {RonS} big lot outside of Greeley CO...drove past one time...thought my hair was going to fall out
[12:59] {Threei} just walk by the house where they fry herring for dinner, and your view of bad smells will change forever
[13:03] {dino} knd wants 25
[13:03] {dino} sm l .50
[13:10] {ese} c ya'll monday.......too busy for my own good have a good one
[13:11] {rambler} cya ese....
[13:12] {dino} cya es
[13:15] {Threei} XAU/USD Spot gold extends session gains to fresh record high above $1,550/oz
[13:15] {Threei} good job Ben
[13:18] {dino} out osk .76, +.26
[13:21] {RonS} small blow the the Bar: Companies can block customers' class-action lawsuits, Supreme Court rules
[13:21] {RonS} freakin lawyers were the only ones who made money on that stuff anyway
[13:25] {Threei} lol
[13:29] {nemo} REGN
[13:32] {dino} ron, here comes 25
[13:32] {dino} knd
[13:33] {rambler} just as predicted dino....tks
[13:34] {dino} you in rambler?
[13:35] {rambler} I was....
[13:35] {dino} gj
[13:38] {RonS} any read on gdot dino?
[13:40] {dino} usually a pulp type.
[13:40] {rambler} SLW S .99
[13:40] {nemo} LVS 47 level
[13:40] {dino} break of .50 down. otherwise gut says up with drop into .60s
[13:43] {rambler} no go -.03
[13:49] {dino} gdot sm l ave .73
[13:52] {dino} osk continued up
[13:53] {dino} was too tight
[13:58] {dino} wow regn again
[14:00] {_rizvisy1} FCX for short set up,any advice
[14:01] {Threei} still 50/50.. very narrow action
[14:01] {Threei} recipe for whipsaw
[14:02] {Threei} be back in 20
[14:08] {dino} ctct sm l .50
[14:19] {RonS} pcx
[14:20] {_rizvisy1} nice move for SLW
[14:23] {RonS} arba trying to break out
[14:26] {RonS} oil futes at 114
[14:27] {nemo} thank god for Bernanke
[14:29] {RonS} ctct to .595
[14:29] {jfjf64} i did hv few cocktail 4 lunch you lookin slw
[14:29] {rambler} anybody short REGN.....?
[14:29] {dino} no but wish i was
[14:30] {dino} gap around 52.25
[14:30] {rambler} why does it look so obvious now...?
[14:31] {nemo} I wanted to short that last night, then forgot all about it
[14:31] {nemo} 65 was resistance from yesterday, but it was too near the close
[14:32] {rambler} must be Vads fault....
[14:32] {dino} agree
[14:33] {RonS} eur 1.484...dxy looking to crack 73
[14:35] {Threei} what's my fault?
[14:35] {Threei} oh, never mind... must be everything
[14:36] {RonS} ctct...48k sh on the offer...who would show that?
[14:36] {dino} guess i should hide that
[14:36] {Threei} a buyer?
[14:36] {RonS} lol dino
[14:36] {Threei} wait, let me take that out and see dino squirm
[14:37] {jfjf64} slw
[14:37] {jfjf64} hod
[14:38] {dino} lol
[14:38] {Threei} so far, Monday was the only slightly losing day, the rest are solid in green
[14:38] {jfjf64} you lk here .26 break
[14:38] {Threei} good week
[14:38] {jfjf64} with mkt
[14:38] {Threei} SLW? no, I'd prefer long on pullback
[14:39] {jfjf64} .20 stop .10
[14:39] {jfjf64} or deeper
[14:39] {Threei} deeper...
[14:40] {Threei} desirable under or around .10
[14:40] {nemo} gold incredible
[14:41] {davd} dollar isnt coming back
[14:41] {jfjf64} you sound surpised david
[14:42] {jfjf64} lol
[14:42] {Threei} lol
[14:42] {RonS} arba break fail...look all those that got sucked in
[14:42] {Threei} {Dollar} I'd be happy toi but ben is holding me by the throat
[14:42] {RonS} one of those too obvious ones, eh 3i?
[14:42] {Threei} I guess
[14:43] {davd} i just figured the shorts would get tired/ isnt there technically a bottom to this?
[14:43] {Threei} what do you see indicating bottom?
[14:43] {RonS} may be tecnically...but think of the fundamentals...'mo money, 'mo money
[14:45] {davd} nothing indicates a bottom. more like the laws of physics..
[14:48] {Threei} sure, but
[14:48] {Threei} law of physics say there will be bottom, they do not help with timing
[14:50] {nemo} http://yfrog.com/hsw0ofrj
[14:51] {RonS} terrible...but funny
[14:52] {dino} regn close to gap
[14:52] {nemo} but start of upmove is down around 49
[14:56] {dino} filled and drop
[14:58] {_rizvisy1} SLW at 41
[15:03] {Threei} Short Setup: RIMM .50 break
[15:03] {Threei} if stays under .60
[15:03] {Threei} not a scalp
[15:04] {Threei} not exact target on this one but let's partial and trail
[15:04] {jfjf64} enjoy weekend boys
[15:04] {jfjf64} ty
[15:05] {Threei} take caere jf, but don't cry if we bank big on this one
[15:06] {Threei} and be sure I won't let you forget come Monday
[15:06] {jfjf64} lol
[15:06] {jfjf64} good week
[15:07] {_rizvisy1} what will be stop on RIMM ?
[15:08] {Threei} sbove .60
[15:08] {Threei} above
[15:11] {_rizvisy1} thnx 3i
[15:13] {Threei} 1:1
[15:14] {Threei} half out
[15:14] {Threei} stop to .51
[15:14] {Threei} 1/4 more out
06[15:14] * Threei slaps jfjf64 around a bit with a large roll of cash
[15:16] {dino} gj
[15:16] {Threei} ty
[15:16] {rambler} out in full ...
[15:17] {rambler} thanks Vad....good week
[15:17] {rambler} cya all...
[15:17] {Threei} wait!
06[15:17] * Threei slaps rambler around a bit with a large roll of cash
[15:17] {Threei} now go
[15:17] {Threei} 1:3
[15:17] {Threei} out in full or tgrail stop to .35, your decision
[15:21] {dino} wow regn -13+
[15:21] {nemo} yeah, killing myself on that one...saw it rise into resistance last night and forgot about it
[15:22] {nemo} hit 65 then dropped .50 by market close...your kind of overnight short
[15:24] {dino} risky tho, prior day up huge
[15:25] {nemo} yeah, I wouldn't take overnight...just wasn't on my radar, should have been
[15:26] {dino} gdot stop -.25
[15:27] {dino} knd to .80
[15:28] {dino} ctct to flat
[15:32] {dino} knd to .94
[15:32] {dino} to .99
[15:32] {RonS} man, is your machine slow?
[15:33] {nemo} dial up
[15:33] {RonS} not streaming?
[15:33] {RonS} wow...
[15:33] {nemo} sometimes Dino uses carrier pigeon
[15:33] {dino} out +.48
[15:33] {RonS} i guess...sheesh...
[15:33] {RonS} gj
[15:34] {dino} ty
[15:36] {dino} back in ten
[15:40] {nemo} o.k. my brain gone from mush to scrambled, now I'm going to try and pickle it...have a nice weekend
[15:40] {Threei} take care emo
[15:40] {RonS} cya nemo
[15:40] {Threei} nemo
[15:40] {Threei} actually... do we want any more trades today?
[15:40] {Threei} I know I don't
[15:41] {nemo} go pickle your brain
[15:41] {Threei} don't forget to look today's catch of the day
[15:41] {Threei} thank you all, have a great weekend
[15:41] {Threei} see you all on Monday
[15:41] {larisa} bye :)
[15:46] {_rizvisy1} bye
[15:47] {_rizvisy1} hey 3i where can i find todays catch?
[15:47] {Threei} http://tradinglog.realitytrader.com/
[15:47] {_rizvisy1} ok thnx n great weekend
[15:47] {Threei} always the same place, updated after market close
[15:50] {dino} gj riz you seem to be learning
[15:50] {dino} ctct to .70
[15:52] {dino} out +.20
[15:52] {dino} calling it a week. thx all, good times
