Same... profitable, bored, yawning.
Session Time: Thu Jul 28 00:00:00 2011
[08:27]
claims in 3
01[08:28]
OK... opening my eyes
[08:29]
skx moving
[08:30]
wow, must be good report
01[08:30]
*(US) INITIAL JOBLESS CLAIMS: 398K V 415KE; CONTINUING CLAIMS: 3.703M V 3.70ME
01[08:31]
just how long did they work massaging those numbers
[08:31]
the jump in the indexes was ridiculous for that
01[08:31]
prior of course are revised higher
[08:31]
yeah
01[08:31]
- Prior Initial Claims revised higher from 418K to 422K - Prior Continuing Claims revised higher from 3.698M to 3.702M
[09:10]
hi everyone
[09:10]
gm :)
01[09:10]
ron, larisa :)
[09:11]
:)
01[09:24]
RIMM, watching for breakdown, .90
01[09:29]
(US) Chinese rating agency Dagong Global Credit Rating might cut the US sovereign rating from A+ as soon as Aug 1st - financial press
01[09:29]
- Dagong states that it will definitely cut the rating, regardless whether there will be a compromise.
01[09:29]
- Guan defended Dagong's higher AA plus rating for China, saying it's natural for Washington's biggest creditor to have a higher rating.
01[09:29]
**Reminder: On July 13th Chinese rating agency Dagong Global Credit Rating placed US A+ sovereign rating on negative watch. Back in November of 2011, Dagong downgraded the US sovereign credit rating to "A+" from "AA," citing QE2 program
01[09:30]
they donwgrade us... let's downgrade them first?
01[09:30]
Short Setup: RIMM .90 break
[09:30]
nope
01[09:31]
stop above 26
01[09:31]
crap, SLW got away
01[09:32]
here it is agan
01[09:32]
RIMM 1:1
01[09:33]
Short Setup: SLW .70 break
01[09:33]
stop above .80
01[09:34]
RIMM 1:2, out
01[09:36]
SLW 1:1
01[09:37]
Euro vs US Dollar Renewed rumors that ECB has been buying peripheral debt circulating around dealing desks
[09:42]
crox and skx holding this down draft
01[09:45]
Short Setup: X .60 break
01[09:45]
aggressive entry for .50 break
01[09:47]
Short Setup: SLW .80 break
01[09:47]
X second chance if missed first too rapid break
01[09:48]
SLW 1:1
01[09:49]
1:2, out
01[09:49]
X stop to .66
01[09:51]
too soon SLW... 1:3
01[09:53]
out X
01[09:53]
that's 3 for 4
01[09:56]
wtf
[09:56]
is that a stock ticker ? :)
01[09:59]
next year, I am taking whole august off
[09:59]
take the year off...it's all over in December anyway
[10:00]
what about the December ?
[10:00]
2012...we're all dead
01[10:00]
I didn't know they designated exact month
[10:00]
December 21
01[10:00]
up until now it was just the year
01[10:00]
ahha
01[10:01]
good... easier to oplan the spending
[10:01]
they don't want the christians getting another Xmas
[10:01]
what? are we going to miss the boxing day?
[10:01]
lol
01[10:01]
looks like
01[10:01]
tragedy for many
[10:03]
RIMM .60 ?
01[10:03]
which way?
[10:03]
-
01[10:04]
?
[10:04]
short
01[10:04]
no
[10:04]
ok
01[10:04]
drop from .70 in two bars, no consolidation
01[10:04]
why would you short that
[10:04]
previous support
[10:05]
yeah, good I did not do that
01[10:05]
this not about levels only, but also about HOW the stock gets there
01[10:05]
.60 is support, fine,
01[10:05]
now
01[10:05]
stocxk can get there in a slow gradual decline, consolidate a little, then break
01[10:05]
vs
01[10:06]
drop there in one vertical sharp move
01[10:06]
see the difference?
[10:06]
yup
01[10:06]
tape reading principle of exhaustion
01[10:06]
coming in parabolic movements
[10:06]
make sense
[10:16]
market spiked. news ?
01[10:17]
no
[10:17]
technical bounce off oversold conditions
[10:17]
we just hit pivot on spy, and 50ma is .08 above that
01[10:17]
plus hope that they will come to some kind of agreement
01[10:18]
(US) Senator Reid (D-NV) Willing to hear ideas from Republicans on compromise to avoid default; feels small radical group is blocking the deal
01[10:18]
- Comments that the Dems are open to reasonable suggestions, and have agreed to exclude increased revenues
[10:38]
.10 level akam
01[10:39]
Short Setup: RIMM .90 break
01[10:46]
(IT) Italy Treasury Chief Grilli: Must follow up on measures taken last week on debt crisis due to recent market 'nerves'
01[10:46]
- Italy Econ Min Tremonti: Crisis is that of credibility of the Euro, speculation is not solely to blame
01[10:46]
no kidding
01[10:56]
scratching half RIMM
01[11:12]
why haven't we covered it around .83
01[11:12]
aimless wandering time
[11:15]
morning.....show last ....just got up
[11:16]
I miss much
01[11:17]
ese :)
01[11:17]
actually, yes, nice day today
[11:17]
lol
01[11:17]
yesterday. not so much
01[11:17]
boring
01[11:17]
today is much better morning, 3 for 4
[11:18]
well done chief.......expect nothing less
01[11:19]
ty
01[11:19]
and guess what
01[11:20]
in return, no one speaks to me
[11:20]
lol
[11:21]
it's that time of the year
01[11:22]
yeah
[11:27]
2 weeks from this saturday Aug 13th i'll be on my way to Denmark.......8 shows in 10 days over there
01[11:27]
will be a great trip
[11:27]
yup......
01[11:27]
need a manager?
01[11:28]
one of those, you know, who do nothing but travel along
[11:28]
someday would like to get to Russia ........
01[11:28]
nah, let's go to covilized countries
01[11:28]
civilized
[11:28]
we'll can always use a road manager....tough job though
01[11:29]
that is true only if he actually does it
[11:29]
you must bend to my every will
01[11:29]
I am a manager who is only present
[11:29]
you know.........standard rock star stuff
01[11:29]
well, I'll drink with you
[11:30]
definitely
01[11:30]
but beyond that, no work is to be exopected
[11:30]
lol
01[11:34]
btw guys
01[11:34]
had a rare chance to have one of my photos viewed for critique by one of the best world photographers
01[11:34]
here is who he is:
01[11:34]
http://www.pricephotography.com/bio.html
[11:34]
we should rally for the rest of theda
01[11:35]
and here is what he said, look for Larry Price comment under the shot
[11:35]
day
01[11:35]
http://www.facebook.com/photo.php?fbid=110070475758570&set=o.63355899492&type=1&theater
[11:36]
cool :)
01[11:37]
:)
01[11:40]
ese, don't go near Hillside/Cedar Hill corner
01[11:40]
until futher notice :)
01[11:40]
Police have house on Roseberry Avenue near Hillside Ave. & Cedar Hill X-Rd surrounded. Man inside is possibly armed and dangerous.
01[11:40]
see how effective I am as a manager? making sure you are safe
06[11:41] * Threei tries to earn that trip
01[11:43]
great, now he is not speaking to me
[11:51]
ya know 3i...i have some very nice framed photos hanging from Rick Preston, an art fair guy
[11:51]
maybe you could find him on facebook and see his work...shoots the West, etc
01[11:52]
looking
01[11:53]
hmmm
01[11:53]
there are quite a few of them :)
[11:54]
well...mine are probably 15 years old...so if he is still doing it...should be thousands
01[11:54]
found
01[11:54]
http://www.artfairinsiders.com/profile/RickPreston
[11:55]
that's the only thing i found too...can't believe he does not have a working website
[11:55]
ergo...the facebook idea...
01[11:58]
I have one in similar style
01[11:58]
http://www.facebook.com/photo.php?fbid=108888855876732&set=o.63355899492&type=1&theater
01[11:58]
want to have it on your wall?? :)
[12:00]
nice but the other one is spectacular...moss is not my bag
01[12:00]
you haven't embraced northwest then
[12:01]
lived there for seven years and traveled OR as road salesman
01[12:01]
well... inner embrace, you know.. :)
[12:02]
imo if seen one moss seen them all
01[12:02]
true, lol
01[12:02]
I recently had a chance to view two more of my shots printed on canvas
01[12:02]
http://www.realitytrader.com/gallery/main.php?g2_itemId=3624
01[12:03]
and
01[12:03]
http://www.realitytrader.com/gallery/main.php?g2_itemId=3721
01[12:03]
bioth looks absolutely spectacular
[12:04]
that boat shot is great and very unique...
01[12:04]
ty
[12:05]
perfect illustration of the special geography in the area around the Sound
[12:25]
interesting action in cree today...
[12:26]
wow vad.....thats an awesome comment by that fellow
01[12:27]
no kiddding... I was flabbergasted
[12:27]
congratulations
01[12:27]
ty
01[12:28]
with such background in photography, it means a lot
[12:29]
i'd say
01[12:35]
oh boy
01[12:35]
I start understanding twitter jokes
01[12:36]
patient: doctor, I am afraid I have twitter addiction
01[12:36]
doctor: sorry, I don't follow you
01[12:36]
shoot me now
01[12:37]
what, no one?
[12:39]
funny :)
01[12:39]
sigh
01[12:40]
pity laugh?
[12:40]
can not win with you ? do not say anything - bad, say - bad :)
[12:40]
if i tweated i would get it...lol
01[12:41]
Ron... just ask to re-tweet it, lol
01[12:42]
sorry larisa, I am just naturally grumpy
[12:54]
I ain't doin much here so I'll catch you all tomorrow
[12:54]
have a great rest of the day
01[12:54]
take care ese
[12:55]
cya vad
[12:56]
cya ese
01[13:24]
OK... ese is saef to go to that intersection
01[13:24]
standoff ends in dramatic fashion, man in costody
01[13:39]
Boehner on TV
[13:42]
bwa...holy smokes...
[13:52]
bwa looks short here
01[14:15]
(US) Moody's updates public finance issuers ratings due to review of US Govt AAA rating- Placed under review for possible downgrade the Aaa ratings of 177 public finance credits, affecting a combined $69 billion of outstanding debt. The credits include 162 local governments in 31 states, 14 housing finance programs and one university.
[14:47]
bye for now, see you after Labor Day...got some trips, and a new grandaughter coming to visit. Good luck to all.
[14:48]
Safe trip and have fun
01[14:48]
take care ron, have fun
[14:50]
ty, what no trout action?
01[14:50]
nah
01[14:50]
but hey,
01[14:50]
fully expect it upon your return
[14:50]
good enough...lol
01[14:51]
:)
01[14:51]
be safe
01[15:39]
US Govt to implement a contingency plan if debt deal does not pass, and ultimately provide priority to bondholders
01[15:39]
hmmm
01[15:39]
weren't we told all the time there is no plan b
01[15:40]
in fact, just yesterday
01[15:45]
that didn't give market much reassurance eh?
01[15:49]
that market couldn't finish in green after yesterdya's drop is tellingh
01[15:58]
ok... tomorrow should be interesting
01[15:58]
thank you all
01[15:58]
have a good evening, see you tomorrow
