Monday, September 26, 2011

Sep 26 2011

(Participation in the room in real time requires membership)

I must have sinned way beyond the usual this weekend - otherwise I see no explanation for the tech hell today. Our server got cut off of the external world by ISP, and they just couldn't pinpoint the problem for the most part of the day. A working window we got lasted about 2 hours, and we got 4 winning trades out of 5 calls. I'd say, as good as it gets, considering. 


Session Time: Sat Sep 24 00:00:00 2011
Session Time: Sun Sep 25 00:00:00 2011
Session Time: Mon Sep 26 00:00:00 2011
Session Close: Mon Sep 26 07:15:19 2011

Session Start: Mon Sep 26 07:15:19 2011
Session Ident: #discussions
02[07:15] * Disconnected
02[07:17] * Attempting to rejoin channel #discussions
03[07:17] * Rejoined channel #discussions
Session Close: Mon Sep 26 08:52:36 2011

Session Start: Mon Sep 26 08:52:36 2011
Session Ident: #discussions
02[08:52] * Disconnected
02[11:05] * Attempting to rejoin channel #discussions
03[11:05] * Rejoined channel #discussions
[11:06] {nemo} TESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTESTTEST
[11:06] {z} lol
[11:07] {Threei}  nemo, shut up please, I have enough grief today without you :)
[11:09] {RonS} ok, who's on first?
[11:10] {nemo} Abbot
[11:10] {Threei}  let's hope we are stable
[11:10] {RonS} never have been...
[11:10] {nemo} system-wise or psychologically
[11:11] {RonS} personally
[11:11] {nemo} ecumenically
[11:11] {RonS} lol
[11:14] {dino} .
[11:14] {Threei}  morning dino
[11:14] {dino} :)
[11:20] {dino} took csh 54.24 earlier, getting out soon
[11:20] {dino} 51.24
[11:20] {dino} also in nvda .45
[11:21] {Threei}  OK... seems everything's fixed... starting to look at the frikin market
[11:27] {Threei} Short Setup: FCX  .15 break half lot
[11:28] {patience} good morning
[11:28] {Threei}  mornig patience
[11:29] {Threei}  stop above .25
[11:30] {Threei} Short Setup: SLW  .50 break
[11:30] {Threei}  if stasys under .60
[11:31] {Threei}  FCX target is 1:3, 2 partials
[11:31] {Threei}  SLW target 1:3, 3 partials
[11:32] {Threei}  FCX 1:1
[11:33] {Threei}  half out .03
[11:33] {Threei}  SLW 1:1
[11:33] {dino}  gj
[11:33] {Threei}  ty
[11:34] {dino} out csh .11, +.86
[11:34] {Threei}  wtg
[11:34] {dino} ty
[11:35] {dino} meli sm l ave .01
[11:40] {dino} cyou sm l .94
[11:42] {Threei} Long Setup:  SLW  .55 break
[11:42] {Threei}  if stays above .50
[11:43] {Threei}  extremely right stop, but not a scalping target
[11:43] {Threei}  if works, aiming for about .75
[11:43] {Threei}  with 3 partials
[11:43] {Threei}  right = tight
[11:45] {Threei}  first partial out around .63 - .65
[11:46] {dino} out meli .24 ave +1.23
[11:46] {Threei}  no go
[11:48] {Threei}  watching FCX for a bounce
[11:49] {Threei} Long Setup:  FCX  .50 break
[11:50] {Threei}  if stays above .40
[11:51] {Threei}  invalidated
[11:51] {dino} sina smr l .55
[11:51] {Threei}  remains on watch though
[11:51] {Threei}  from under .30 most likely
[11:52] {Threei} Long Setup:  FCX  .30 break
[11:53] {Threei}  half out
[11:53] {Threei}  scalpers get out
[11:54] {Threei}  stop to .29
[11:54] {dino} stop sina .21, -.34
[11:54] {Threei}  1:2
[11:54] {Threei}  out in full
[11:54] {Threei}  easy money
[11:54] {Threei}  3 out of 4 so far
[11:55] {dino} f'ng rinse
[11:55] {Threei}  with one 7 cents stop
[12:00] {Threei}  over 1:3... without me though
[12:00] {Threei}  didn't feel like I could push it farther
[12:00] {Threei}  this whole morning with server troubles is a bit unnerving... :)
[12:03] {Threei}  the degree of confusion in the statement below...
[12:03] {Threei}  (EU) ECB's Weidmann: Sees heightened risk that the markets are hurting the real economy, euro zone requires fundamental reforms
[12:03] {Threei}  - Seeing increased risk that the euro zone economy is facing a soft patch over the winter months.
[12:03] {Threei}  - The euro zone's no bailout clause is indispensible for sound finances
[12:03] {dino} out cyou .60, +.66
[12:03] {Threei}  killing it today dino
[12:03] {dino} lucky
[12:03] {Threei}  sure
[12:04] {Threei}  I wonder what % of earth population would be happy to exchange half of their brain for 10% of your luck,
[12:04] {Threei}  and most imprtantly, would significantly benefit from such exchange :)
[12:06] {dino} lol
[12:14] {Threei} Long Setup:  RIMM  .20 break
[12:14] {Threei}  either full lot with stop under .15, or half lot .10
[12:15] {nemo} looking for spy bounce around .40
[12:23] {Threei}  half out RIMM
[12:26] {Threei}  out second half
[12:26] {Threei}  not liking the mareket here
[12:28] {nemo} db on spy and iwm
[12:40] {Threei}  can't tell what's next at the moment
[12:40] {Threei}  waiting for something to become morfe clear
[12:43] {dino}  well, if my friday call holds, another 160 pts up
[12:45] {Threei}  (GE) Germany Fin Min Schaeble: There are no plans to increase the size of the rescue fund
[12:45] {Threei}  watch market addicted to bailouts dropping on this
[12:46] {dino} dropped 40
[12:49] {nemo} tna probably long here
[12:49] {nemo} iwm pivot .92, spy vwap .15, likely a turn in this area
[12:49] {Threei}  hmmm
[12:49] {Threei}  I'll stay away from that
[12:50] {Threei}  I see what you mean from tech point of view
[12:50] {nemo} yeah, this would be the place to look
[12:50] {Threei}  but my gut says, it won't matter much
[12:51] {nemo} this is also a price level I have marked (premarket high) for spy
[12:52] {nemo} spy ist trying to set up
[13:00] {dino} gpor sm l .52 ave
[13:09] {Threei} Short Setup: FCX  .90 break
[13:09] {Threei}  if stays under 33
[13:09] {Threei}  invalidated
[13:15] {Threei}  33 itself was a short
[13:21] {dino} csh l .76
[13:21] {dino} sm
[13:23] {dino} sina smr l .76
[13:27] {dino} sina stop -.36
[13:28] {dino} meli sm l .00
Session Close: Mon Sep 26 13:47:14 2011

Session Start: Mon Sep 26 13:47:14 2011
Session Ident: #discussions
02[13:47] * Disconnected
02[15:20] * Attempting to rejoin channel #discussions
03[15:20] * Rejoined channel #discussions
[15:21] {nemo} helloooooo
[15:21] {Threei}  sigh
[15:21] {Threei}  can't believe this
[15:21] {nemo} what a cluster f^^k
[15:21] {nemo} communist plot
[15:23] {Threei}  I don't remember this happening, ever
[15:23] {Threei}  10-15 min problem, once every two years probabky
[15:23] {nemo} not to this extent, but it has happened a couple of times
[15:23] {Threei}  but whole day off, jeez
[15:24] {z} no worries, a penny saved is a penny earned
[15:24] {Threei}  and guess what, this is not our server
[15:24] {nemo} not during inflation
[15:24] {Threei}  it's ISP, some problem between server and NA
[15:25] {z} anywho, doesn't matter to me we made some this morning, can't always control technology
[15:26] {Threei}  true
[15:26] {Threei}  thanks for understanding
[15:26] {Threei}  the thing is extremely rare, and absolutely out of my control
[15:27] {z} not your problem at all vad, u could not call another trade, and we would have finished the day in the green
[15:27] {Threei}  all I can do is to launch alternative temporary room
[15:27] {Threei}  which will be much more limited in functionality
[15:27] {nemo} yeah...no trouting
[15:27] {Threei}  but if nothing better happens, will surely do that
[15:28] {Threei}  lol
[15:28] {z} probably be fine for another 2 yrs. now :)
[15:28] {Threei}  I really hope
[15:28] {Threei}  server admin was flabbergasted
[15:28] {Threei}  I bombard him with requests to fix it,
[15:29] {Threei}  and he see absolutely nothing wrong with server
[15:29] {Threei}  no connection requests coming in
[15:29] {z} lol
[15:29] {Threei}  so he asks "are you guys sure you are even trying to connect??"
[15:29] {Threei}  you don't want to know what I answered :)
[15:29] {z} he was probably screwing with you because you bombarded him 8)
[15:29] {Threei}  no
[15:30] {Threei}  he sees server which runs fine,
[15:30] {Threei}  logs show no errors
[15:30] {Threei}  since it's not server,
[15:30] {Threei}  it's ISP that doesn't let signal from NA through
[15:30] {z} must be human error?
[15:30] {z} :)
[15:30] {Threei}  so on his side it loos like no connection requests
[15:30] {z} i c
[15:34] {z} interesting day, i'm not making anymore trades in this afternoon, so will just watch for entertainment purposes:)
[15:34] {Threei}  my best guess is, down a bit toward the end of day, but nothing dramatic
[15:34] {Threei}  oh, nd dino was correct about today
[15:35] {Threei}  good read on his part
[15:35] {nemo} trend line at .20 with price support at .00
[15:35] {nemo} .34 is R2 support on the daily
[15:47] {Threei}  slowly climbing
[15:47] {nemo} top of channel at 116.20 might close gap from Thursday
[15:57] {swill} interseting day.  Thank youl
[15:58] {z} cya later
[15:58] {Threei}  take care guys
[15:58] {Threei}  sorry about all the tech crap
[15:59] {nemo} oy vay
[15:59] {swill} happens to the best of us
[15:59] {Threei}  what now?
[15:59] {Threei}  oh
[15:59] {Threei}  lol