Perfect day with 7 calls, 7 wins. Catch of the Day is open break setup, annotations on chart should suffice
Session Time: Mon Aug 22 00:00:00 2011
[09:06] {Threei} (VZ) Venezuela plans to remove gold from the BOE; follows prior announcement Venezuela plans to remove its gold stored overseas back to domestic vaults - world press
[09:06] {Threei} - Reminder: On 8/16 reports circulated that Venezuela will move gold currently stored overseas to Central Bank vaults; Transferring "billions of dollars" of cash reserves to banks in Russia, China and Brazil.
[09:06] {Threei} - Note: Venezuela last week announced its intent to nationalize the gold industry.
[09:09] {nemo} wonder if the boats will sink in international waters?
[09:09] {Threei} lol
[09:11] {Threei} news from Europe get progressively worse, yet market focus moved on to jackson Hole
[09:11] {Threei} just imagine what happens in no QE3 announced
[09:11] {Threei} or hinted
[09:11] {Threei} ever saw 1000 points gap down?
[09:11] {nemo} this may be a Khadaffi bounce
[09:12] {nemo} my system won't handle it
[09:20] {dino} gm all
[09:20] {larisa} gm :)
[09:20] {Threei} dino :)
[09:20] {Threei} larisa :)
[09:20] {larisa} vad :)
[09:21] {dino} i really don't think markets expect qe3
[09:21] {Threei} I think market doesn't know what to expect./..
[09:22] {Threei} it's a lot of "one hand, on another hand"
[09:22] {Threei} on one hand, Ben has not much atrenative,
[09:22] {Threei} on anoter it didn't work in the past and dug deeper hole
[09:23] {Threei} on one hand Europe main economic powers want no euro bonds,
[09:23] {Threei} on another, there is no other way to stop the immediate collapse
[09:24] {Threei} indecisive and bipolar market jumps from desperation to hope to fear,
[09:24] {Threei} thus these wild swings
[09:27] {RonS} howdy all
[09:27] {Threei} Ron :)
[09:27] {Threei} no clear opening play,
[09:28] {Threei} and overall, want to stay on careful side - big gap up is not exactly our environment
[09:29] {Threei} SLW spread is wider than usual premarket
[09:31] {Threei} let's give it a min or two
[09:31] {Threei} SLW and RIMM on watch
[09:32] {Threei} Short Setup: RIMM .35 break
[09:32] {Threei} if stays under .45
[09:33] {Threei} Obama: Strongly Approve: 20%.. Strongly Disapprove 44%... Approval Index: -24
[09:33] {Threei} new all time low
[09:34] {dino} hate to see these big gap openings, they usuallt get filled at some point in time
[09:34] {Threei} 1:1 RIMM
[09:34] {Threei} half out, stop to .41
[09:35] {Threei} 1/4 more out
[09:35] {Threei} stop to .36
[09:36] {Threei} Long Setup: SLW .40 break
[09:37] {Threei} if holding .30
[09:37] {Threei} not a scalp
[09:37] {Threei} can do .80 easy
[09:37] {Threei} 1:1
[09:37] {Threei} 1/3 out
[09:38] {Threei} stop to .35
[09:39] {Threei} RIMM last piece is closed b/e
[09:39] {Threei} SLW 1/3 more out .65
[09:39] {Threei} stop to .39
[09:40] {Threei} offering last 1/3 .78
[09:40] {Threei} stop to .45
[09:41] {Threei} target hit
[09:41] {Threei} out in full, and want to go home
[09:43] {Threei} girls that wake up too late get no worm
06[09:43] * Threei slants at patience
[09:43] {Threei} Long Setup: FCX .40 break half lot
[09:44] {Threei} invalidated
[09:48] {Threei} not shorting FCX at 43 break is my only life regret this morning
[09:48] {Threei} had a good reason for skipping it though
[09:52] {dino} lulu sm l .26
[09:54] {dino} out lulu .67, +.41
[09:54] {Threei} wtg
[09:54] {dino} ty
[09:54] {Threei} http://t.co/uL787Id
[09:58] {Threei} The economy is so bad Exxon laid off 25 congressmen
[09:58] {Threei} lol
[10:00] {Threei} *(US) Q2 MORTGAGE DELINQUENCIES: 8.44% V 8.32% PRIOR; MBA MORTGAGE FORECLOSURES: % V 4.52% PRIOR
[10:00] {Threei} 4.43% V 4.52%
[10:04] {Threei} Long Setup: TZA .55 break half lot
[10:04] {Threei} valid from here if stays above .35
[10:05] {Threei} let's change to .50 break
[10:05] {Threei} in
[10:05] {Threei} stop is the same, under .35
[10:05] {Threei} half out
[10:05] {Threei} .71
[10:05] {Threei} out in full .95
[10:05] {Threei} diaper change time
[10:06] {nemo} missed the break
[10:06] {RonS} got .38 to .98 thanks 3i
[10:06] {Threei} :)
[10:06] {Threei} Short Setup: FCX 42 break
[10:07] {Threei} invalidated
[10:13] {Threei} wow TZA
[10:13] {Threei} exited a little bit too soon
[10:13] {Threei} just a tad, like 50 cents
[10:13] {nemo} went to pivot and pulled back
[10:15] {RonS} sgen sm l .35
[10:18] {Threei} couple moves by RIMM that in retrospect were tradeable...
[10:18] {Threei} missed them
[10:21] {dino} chk sm l .04
[10:23] {dino} gpor sm l .07
[10:25] {RonS} out sgen .65 +.30
[10:27] {dino} gj
[10:27] {RonS} ty
[10:37] {dino} sm l .98 idcc
[10:38] {Threei} Long Setup: RIMM 27 break
[10:40] {dino} stop idcc -.31
[10:40] {Threei} 1:1
[10:40] {Threei} out in full, just a scalp for me
[10:45] {Threei} 4:4
[10:45] {Threei} I must ask again
[10:45] {Threei} can I go home?
[10:46] {RonS} home is doghouse?
[10:47] {Threei} permanently, yes
[10:47] {Threei} sometimes I do get a pass for the evening
[10:48] {Threei} if I behave... which is rarity
[10:48] {RonS} hehe, know the feeling or is it condition...
[10:49] {dino} idcc sm l .65
[10:51] {dino} out idcc .31, +.66
[10:51] {RonS} scalped idcc .92 to 63.30 thanks dino
[10:51] {dino} gj
[10:53] {RonS} dino, in chk .05...watcha thinkin for a target? no read here
[10:54] {dino} .45
[10:54] {dino} but stop is .83
[10:54] {Threei} hmm
[10:54] {Threei} no news
[10:57] {dino} pretty good drop
[10:58] {nemo} we're going to test the bottom more than likely
[11:01] {Threei} you nean 110.20 bottom?
[11:01] {nemo} Friday's
[11:01] {Threei} oh that
[11:01] {nemo} hitting minor price support here
[11:06] {dino} gpor stop is .83, back in 20
[11:18] {Threei} FCX setup is bweck
[11:18] {Threei} back
[11:18] {Threei} Short Setup: FCX 42 break
[11:21] {dino} chk stopped -.21
[11:21] {Threei} not a scalp for me, FCX
[11:23] {dino} gpor stop -.24
[11:24] {Threei} 1:1
[11:24] {dino} here come the open gap fills
[11:25] {Threei} that's 5:5 today... thomd, this must be for you
[11:25] {Threei} proper way to welcome new member
[11:26] {thomd} Yes, great day, missed one though, thanks
[11:27] {dino} gj
[11:38] {Threei} it's quite remarkable that such large upward gaps get eliminated intraday
[11:38] {Threei} telling too
[11:45] {Threei} COMP went red
[11:48] {dino} lulu sm l.70
[11:49] {dino} chk sm l .53
[11:55] {dino} lulu stop -.25
[11:55] {dino} chk stop -.16
[11:59] {dino} lulu rinsed
[12:06] {dino} ppo sm l .94 ave
[12:09] {dino} gpor sm l .17
[12:13] {dino} chk rinsed
[12:19] {dino} chk sm l .50
[12:56] {dino} out ppo .04, +1.10
[12:57] {nemo} tza around here
[12:57] {patience} you're busy dino...only scalped slw and fcx today
[12:58] {dino} too busy earlier, a few stops
[13:01] {dino} gpor out ave .48, +.31
[13:03] {nemo} watching for lower high on spy and iwm
[13:05] {nemo} wm at pivot
[13:25] {dino} out chk .80 +.30
[14:06] {RonS} hearing O tv soon...
[14:06] {Threei} on libya
[14:13] {RonS} not on his invasion of martha's vineyard?
[14:13] {Threei} lol
[14:30] {RonS} hearing O off...to finish the back nine...
[15:15] {Threei} time for end of day bets?
[15:15] {Threei} IMO, red
[15:16] {nemo} think it ends near pivot and vwap, which are positive and very close together
[15:19] {Threei} so... beer?
[15:19] {Threei} my bet is SPY ends red
[15:19] {nemo} ok
[15:20] {Threei} larisa... carrot juice?
[15:20] {Threei} Chaeron... vodka?
[15:20] {Threei} can't betr maryini, Raven is not here
[15:20] {Chaeron1} won't take the bet, but will take the Pertsovka...
[15:20] {Threei} hmmm
[15:21] {dino} beer here, close dji +100
[15:25] {Threei} ok... larisa's carrot huice is last bet left unclaimed
[15:32] {Threei} .long tza around .60 on pullback
[15:32] {Threei} Long Setup: TZA around .60 on pullback
[15:35] {Threei} no pullback
[15:36] {Threei} Short Setup: RIMM .60 break
[15:41] {RonS} ...need jf...
[15:41] {Threei} that slacker
[15:41] {patience} you in tza vad?
[15:42] {Threei} no, never got pullback to my entry point
[15:42] {Threei} right idea, no clean entry
[15:44] {Threei} let's trail RIMM to .66
[15:44] {Threei} time is running out
[15:44] {Threei} want to keep risk tigther
[15:47] {Threei} beautiful TZA
[15:47] {Threei} right into .60 and sharply up
[15:48] {Threei} RIMM 1:12
[15:48] {Threei} 1:1
[15:48] {Threei} out TZA
[15:48] {Threei} out RIMM
[15:48] {Threei} all I need now is red close, to have that beer
[15:48] {nemo} didn't know tza was a setup again
[15:49] {Threei} didn't want to make it official call this close to close
[15:49] {Threei} not even speaking of having time to call it
[15:50] {Threei} die SPY
[15:50] {Threei} 20 cents
[15:50] {Threei} half way there
[15:51] {Threei} 10 cents
[15:52] {Threei} 5
[15:52] {Threei} white
[15:52] {Threei} rrrred
[15:52] {Threei} redder
[15:53] {Threei} The Goldman Sachs Group Inc Ticks lower following a press report that CEO Blankfein has hired a defense lawyer- Said to have hired Reid Weingarten who defended former Worldcom CEO Bernard Ebbers.
[15:54] {Threei} ok, now I need time to run faster, lest I get caught like that ime with larisa bet
[15:54] {Threei} when everything went my way, then recovered on last minute, lol
[15:55] {larisa} it is not the end until it ends, before that - it is all just "progress" :)
[15:55] {Threei} yeah... where is that fat lady
[15:55] {Threei} time to sing
[15:57] {Threei} oh come on
[15:58] {Threei} back in red
[15:58] {Threei} lady!!!
[15:58] {Threei} sing already
[15:59] {Threei} this time you guys won't be saved by the bell
[15:59] {dino} grrrr
[15:59] {Threei} hehe
[15:59] {Threei} isn't it fun
[15:59] {Threei} zero
[15:59] {Threei} sheesh
[16:00] {nemo} I win
[16:00] {Threei} where is the gun
[16:00] {Threei} second time this happens
[16:00] {nemo} what's more, this is looking long for tomorrow
[16:00] {Threei} no way
[16:01] {Threei} this looks worse by day
[16:01] {Threei} ok guys, thank you all
[16:01] {Threei} have a great evening
[16:01] {Threei} see you tomorrow
[16:01] {dino} gn all
[16:01] {larisa} bye :)