Session Time: Tue May 03 00:00:00 2011
[09:08] {_rizvisy1} gm all
[09:09] {Threei} riv :)
[09:09] {_rizvisy1} gm vad
[09:09] {Threei} Mastercard Exec: continue to work to delay new debit card rules to ensure they do not have unintended consequences; the earliest the new regs will impact Mastercard is 2012 - conf call
[09:09] {Threei} - Pleased with solid start to 2011. Volumes continue to grow in double digits outside of the US.
[09:17] {ese} gm
[09:17] {RonS} howdy pards
[09:18] {Threei} ese, ron :)
[09:19] {ese} vad, ron
[09:19] {davd} gm all
[09:19] {ese} D
[09:19] {Threei} davd :)
[09:20] {Threei} SLW has this manner to drop right out of the gate not letting us in
[09:20] {Threei} much aas I hate the risk of taking a trade without established setup, this is the patter of late
[09:20] {Threei} pattern
[09:20] {davd} :) miss usa suing re inappropriate pat down at airport
[09:21] {Threei} so... half lot short on .20 - .15 break - IF you are inclined to take such risk
[09:22] {RonS} if you were suing would you not call it feel up?
[09:22] {RonS} :)
[09:23] {davd} actually, it was the baggage handler, so she may have a point
[09:23] {Threei} poor guy at the gate just thought, jee, will I get another chance in life to touch miss usa?
[09:26] {larisa} gm :)
[09:26] {Threei} larisa :)
[09:26] {larisa} vad :)
[09:26] {nemo} better watch slv...slw and slv have been correlating of late
[09:28] {jfjf64} morninnnnn
[09:28] {Threei} jf :)
[09:29] {Threei} Short Setup: SLW .20 break half lot
[09:30] {Threei} stop above .35
[09:32] {Threei} die SLW
[09:32] {jfjf64} dont be shy slw
[09:33] {Threei} .15 is last line of defence
[09:34] {Threei} no go
[09:36] {Threei} Long Setup: RIMM .80 break
[09:36] {Threei} half lot
[09:36] {Threei} if stays above .70
[09:37] {Threei} 1:1, and right back down
[09:37] {Threei} valid again
[09:37] {Threei} same setup
[09:37] {Threei} 1:1 again
[09:38] {jfjf64} lk takin candy from da baby
[09:38] {jfjf64} ty
[09:38] {Threei} twice
[09:38] {Threei} poor baby
[09:39] {jfjf64} slw fault
[09:39] {jfjf64} lol
[09:40] {Natali} gm:)
[09:40] {Threei} natali :)
[09:41] {Threei} SLW fooled us eh
[09:42] {Threei} this is what it was supposed to do
[09:43] {Threei} Short Setup: USO .65 break
[09:43] {Threei} stop above .75
[09:44] {jfjf64} cant short
[09:44] {jfjf64} ya kiddin me
[09:44] {jfjf64} chuck
[09:49] {Threei} let's trail stop to .71
06[09:51] * Threei mails dino alarm clock
[09:52] {Threei} Short Setup: RIMM .85 break
[09:52] {Threei} if stays under .95
[09:53] {Threei} no go USO
[09:55] {Threei} lwt's tighten RIMM to .91 too
[09:55] {Threei} don't have a good feel so just controlling the risk
[09:55] {Threei} out
[09:55] {nemo} yeah that .84 level was the floor
[09:55] {dino} gm ll
[09:56] {Threei} dino :)
[09:56] {nemo} I got out when that big offer at .88 broke
[09:56] {Threei} yup
[09:57] {Threei} good tightening
[09:57] {ese} mornin dino
[09:57] {Threei} on both, RIMM and USO
[09:58] {dino} nbr sm l .50
[09:59] {Threei} Long Setup: FCX .30 break
[09:59] {Threei} if holding above .20
[10:00] {Threei} *(US) MAR FACTORY ORDERS: 3.0% V 2.0%E
[10:02] {Threei} target 1:2, possibly more
06[10:05] * Threei kicks FCX in the rear
[10:05] {Threei} 1:1, half out
[10:05] {Threei} violence helps, as usual
[10:05] {Threei} stop to .25
[10:07] {Threei} Fed's officials debating exit stategy fiercely - CNBC citing sources
[10:07] {Threei} I thought it was wise to debate exit before entering
[10:08] {nemo} ese...rim shot
[10:09] {Threei} 1:2, 1/4 more out
[10:10] {Threei} stop to .29
[10:11] {Threei} training more aggressively now, .35
[10:13] {Threei} to .39
[10:16] {dino} wlk sm l .78
[10:17] {Threei} 1:3 baby
[10:17] {dino} irf
[10:17] {Threei} out in full .62
[10:17] {Threei} evens things out a bit
[10:17] {dino} irf sm l .40
[10:18] {Threei} classic strategy.... keeping losers small, letting winners develop
[10:21] {dino} irf stop -.31
[10:21] {Threei} wow
[10:23] {Threei} Long Setup: FCX .20 break
[10:26] {Threei} stop is obvious
[10:26] {Threei} 1:1
[10:27] {Threei} out in full
[10:27] {Threei} back in green
[10:29] {dino} irf rinsed
[10:34] {jfjf64} rimm pull bk
[10:34] {jfjf64} ?
[10:35] {Threei} I'd leave it alone for now, not sure about it
[10:44] {dino} irf sm l .00
[10:51] {ese} 400 dino?
[10:53] {dino} y
[10:54] {ese} saw your post a little late but am in at .11
[10:55] {dino} .45 area resis
[10:56] {ese} i was thinkin .50ish but close enough
[10:56] {dino} cymi working on jan gap 45.20
[10:57] {ese} who'd have thunk that there would be a stock dedicated to rectums
[10:58] {Threei} and in a somewhat ornic twist, went there
[10:58] {Threei} ironic
[10:58] {nemo} it's life support systems for Congress
[11:01] {ese} now thats funny!!
[11:03] {RonS} Barney on the Board?
[11:04] {ese} what was the news on irf anyway dino
[11:04] {nemo} hey, you're talking about my Congresswo....man
[11:05] {RonS} earnings
[11:05] {ese} this has the appearance of going farther than .50
[11:05] {dino} irf=power mgt tech, not rectums
[11:05] {ese} lol
[11:05] {ese} I knew that..........
[11:05] {dino} european conference and upgraded
[11:06] {dino} lol, my bad
[11:06] {ese} dn 3 bills on an upgrade......sheesh
[11:06] {dino} thats what got my attn
[11:06] {Threei} I dunno, I am really temepted now to view them all as rectum-related
[11:07] {dino} pos huh vad
[11:07] {Threei} :)
[11:07] {ese} it would appear as though i've started a conversation thread
[11:07] {Threei} totally
[11:07] {Threei} doesn't take much to get us going eh?
[11:07] {nemo} not much else going on
[11:08] {ese} what screen turned this up for you dino.......
[11:08] {jfjf64} slw bounce here
[11:08] {dino} irf to .35
[11:08] {dino} schwab/cyber ese
[11:09] {Threei} Long Setup: FCX .40 break
[11:09] {dino} % movers
[11:09] {Threei} if stays above .30
[11:09] {dino} drq drop
[11:09] {Threei} just a scalp most likely
[11:10] {Threei} feel free to take profit
[11:10] {ese} ya but what was the criteria.....vol/dn 7%/anything in particular
[11:11] {tomg} ty vad
[11:11] {Threei} tom :)
[11:11] {ese} tks dino...sorry didn't see that prior post
[11:13] {ese} to .40 stop
[11:13] {ese} .45
[11:14] {dino} ok ese, top 10 % decliners and gainers for nyse and naz i have running all day. they get me started, then check news
[11:14] {gregns} jf, gj on SLW i hope you got some of that, i did ty
[11:14] {dino} very simple way of finding movers
[11:15] {jfjf64} yup yup
[11:15] {dino} irf to .49
[11:15] {RonS} got fcx .44 to .56 thanks 3i
[11:15] {Threei} :)
[11:16] {ese} out irf .55 +.44 tks dino much appreciated
[11:16] {jfjf64} moving with spy greg
[11:16] {Threei} good job guys
[11:16] {dino} out wlk .50, +.72
[11:16] {jfjf64} short into bounce here
[11:16] {jfjf64} imo
[11:16] {jfjf64} ?
[11:16] {gregns} also look at the drop in UUP
[11:17] {jfjf64} 37.60
[11:17] {dino} irf to .60
[11:17] {jfjf64} .45 short
[11:17] {dino} to .64
[11:18] {jfjf64} stop hod
[11:18] {jfjf64} covered half
[11:19] {dino} irf to .74
[11:21] {jfjf64} done
[11:21] {dino} to .83
[11:21] {ese} well done dino!
[11:22] {dino} ty
[11:22] {dino} wlk continued
[11:23] {dino} out +.83
[11:24] {dino} brb
[11:29] {davd} any have a read on intc?
[11:29] {dino} irf drop
[11:38] {Threei} Long Setup: SLW .55 break
[11:38] {Threei} stop under .50
[11:39] {Threei} very tight ttrade
[11:40] {Threei} no go
[11:42] {ese} frickin computors
[11:43] {Threei} they are the worst
[11:43] {ese} yup
[11:52] {Threei} Short Setup: FCX .80 break
[11:55] {Threei} aggressive entry is attractive idea
[12:00] {Threei} invalidated
[12:02] {dino} drq sm l .86
[12:19] {dino} out drq .11, +.25
[12:20] {dino} have to go for hour or so
[12:20] {Threei} Short Setup: SLW .50 break
[12:20] {Threei} just a scalp
[12:20] {Threei} .56 stop
[12:24] {Threei} feel free to take scalp
[12:24] {Threei} easy money
[12:24] {tomg} ty vad
[12:24] {Threei} :)
[12:54] {davd} watching amzn for short
[13:06] {davd} spy sitting at lod reg market
[13:16] {RonS} lol...rimm green
[13:16] {RonS} wow. x green mucho
[13:17] {RonS} or should i say gigante'
[13:17] {davd} x dead cat bounce.
[13:17] {davd} imo
[13:18] {davd} i'll take it though :D
[13:18] {Threei} but it's a mucho fat cat
[13:19] {RonS} wfmi reports wed a.h....was in there over weekend...featuring their fresh halibut at $24.99/lb
[13:20] {davd} uh oh is it time for the monthly x takeover talk?
[13:20] {RonS} the sotre is frekin unbelievable...charges 50% more than all else
[13:20] {RonS} store
[13:27] {davd} nemo s&p to 1350?
[13:28] {nemo} .40-.50 if it drops that .10
[13:29] {davd} i agree
[13:31] {nemo} btw, I'm looking at spy, not S&P futures
[13:32] {davd} got it
[13:44] {RonS} silver broke $42
[13:48] {nemo} oh davd .22 is daily pivot support on spy also
[13:52] {davd} right - yellow line in freestockcharts
[13:56] {ese} ya ...on the phone.....gotta go cya tomorrow
[13:57] {Threei} take care ese
[13:58] {RonS} lol...Barney wants to make the Fed "more democratic" by reducing the votinng members from twelve to five...w/ the five being in DC
[13:58] {Threei} that'll do it
[13:59] {RonS} why not go all the way and re-name it the Politburo...
[14:01] {RonS} oil futes 111.20...if it decisively breaks 111 all kinds of heck occurs
[14:01] {RonS} ...has bounced off 111 six time in past few days
[14:03] {RonS} 110.82 w/ no buyer is sight
[14:03] {RonS} in
[14:05] {RonS} si lod 41.47
[14:05] {RonS} si = silver futes
[14:06] {RonS} oil 110.48 w/ buyer showing up
[14:07] {Threei} (PO) Portugal PM to make a statement at 15:30ET (19:30GMT)
[14:08] {RonS} el socrates?
[14:11] {dino} .
[14:11] {RonS} silver bounce and slw can't get more than .04 and rolls over...
[14:12] {RonS} bounces
[14:13] {Threei} let's see if we can get nice clean SLW short
[14:13] {Threei} bounce, then break of the low
[14:22] {dino} sm l wlk ave .02
[14:28] {RonS} oil re- captures 111
[14:31] {dino} wlk out .62, +.60
[14:31] {RonS} gj
[14:31] {dino} ty
[14:37] {dino} regn sm l .75
[14:40] {Threei} Short Setup: SLW .35 break
[14:41] {Threei} changing to aggressive
[14:41] {Threei} .40 break if stays under .50
[14:41] {Threei} more changes possible, liquid situation
[14:42] {dino} irf sm l .11
[14:43] {Threei} .50 break
[14:47] {Threei} not a scalp if works
[14:47] {Threei} with any market help can easily turn into serios panic selloss
[14:47] {Threei} 1;1
[14:48] {Threei} stop .55
[14:53] {Threei} here it comes
[14:53] {Threei} 1:2
[14:54] {dino} gj
[14:55] {Threei} ty
[14:55] {Threei} nice when thr plan comes together, devised in advance and clearly signalling its arrival
[14:55] {Threei} 1:3
[14:56] {RonS} .48 to .19 thanks 3i
[14:56] {Threei} :)
[14:59] {Threei} a bit shaky start to the day, with well-controlled risk though, then everything came together
[15:15] {dino} out regn .14, +.39
[15:17] {dino} out irf .45, +.34
[15:20] {Threei} nice back to back hits
[15:21] {jfjf64} gj
[15:24] {jfjf64} lvs short here
[15:24] {jfjf64} ?
[15:24] {nemo} earnings after market close
[15:25] {jfjf64} hmm
[15:26] {RonS} macau reports april rev +44% this a.m. and lvs down...hmmmm
[15:27] {dino} thx
[15:34] {RonS} about a $3 move predicted in the may lvs options less the time value
[15:40] {Threei} jeelyfishy last hour
[15:45] {Threei} OK guys, no more trades for today
[15:45] {Threei} thank you all
[15:46] {Threei} have a good evening, see you tomorrow
[15:47] {dino} gn all
[15:47] {_rizvisy1} bye
[15:53] {larisa} bye :)
