Thursday, September 29, 2011

Sep 29 2011

(Participation in the room in real time requires membership)

ATTENTION: Due to Whistler conference, next trading log is going to be posted on Tuesday Oct 4. Please do not sign up for a trial before Monday evening - no trials will be granted before Tuesday trading session.

Flat day for us, started with a few stops and ended with tedious repair work. 

Session Time: Thu Sep 29 00:00:00 2011

Session Start: Thu Sep 29 08:34:07 2011
Session Ident: #discussions
[08:34] * Now talking in #discussions
[08:43] {Threei}  good morning
[08:43] {Threei}  for once, jobkess claims came in decent
[08:43] {Threei}  *(US) INITIAL JOBLESS CLAIMS: 391K V 420KE; CONTINUING CLAIMS: 3.73M V 3.73ME
[08:49] {nemo} what was the GDP number
[08:49] {thomcbell} 1.3
[08:49] {nemo} http://article-complaining-about-cr*p-author-doesn't-understand
[08:49] {Threei}  *(US) Q2 FINAL GDP Q/Q ANNUALIZED: 1.3% V 1.2%E; PERSONAL CONSUMPTION: 0.7% V 0.4%E
[08:50] {Threei}  *(US) Q2 FINAL GDP PRICE INDEX: 2.5% V 2.4%E; CORE PCE Q/Q: 2.3% V 2.2%E
[08:52] {Threei}  author has zero idea what he is talking about
[08:52] {Threei}  point 1 is flat wrong
[08:53] {nemo} pissa
[08:54] {Threei}  point 2 is full of confusion, hard to tell even which part of it makes less sense than others
[08:55] {nemo} o.k. so it wasn't me
[08:55] {Threei}  and point 3 shws author doesn't understand the difference between exchange and plaers
[08:55] {Threei}  players
[08:56] {Threei}  amazes me really
[08:56] {Threei}  everyone is an educxator
[08:58] {Threei}  am I right, there was no any meaningful news from Europe?
[08:58] {Threei}  I see none
[09:05] {Threei}  oh, there is
[09:06] {Threei}  German parliament backs more powers for EFSF with large majority - source
[09:09] {Threei}  thoiford, look private message please
[09:12] {RonS} gm everyone
[09:12] {Threei}  Ron :)
[09:19] {murex11} gm all
[09:19] {Threei}  murex :)
[09:23] {ese} morning
[09:23] {Threei}  ese :)
[09:23] {ese} vad....i owe you some money......
[09:24] {ese} for the pictures of the band you took last summer
[09:24] {Threei}  you've no idea... the interest I charge is about 1200% a day
[09:24] {ese} lol
[09:24] {Threei}  :)
[09:25] {ese} I got a surprise yesterday.....before we left for Denmark I had sent one of those pictures to the Jazz Society for this benefit concert we are doing for them tomorrow.......
[09:25] {ese} and.....
[09:26] {Threei}  suspence is killing me
[09:26] {ese} I pick up the Victoria News yesterday and it's in the paper
[09:26] {Threei}  wow, really?
[09:26] {larisa} gm :)
[09:26] {Threei}  can you grab one for me?
[09:26] {Threei}  larisa :)
[09:26] {ese}
[09:27] {ese} that should be the link
[09:27] {Threei}
[09:27] {Threei}  this is it
[09:27] {ese} if that doesn't Victoria News....then "Youth program in focus for jazz society fundraiser concert"
[09:27] {Threei}  they cut off a sky a little, just where I instered clouds :)
[09:28] {Threei}  ty ese, glad to see it
[09:28] {Threei}  guys before market opened,
[09:28] {ese} scroll down
[09:28] {nemo} guess yesterday
[09:28] {nemo} flat open will remain an oddity
[09:28] {Threei}  everyone remember that I am off to Whistker conference
[09:29] {Threei}  so won't be here tomorrow and Monday
[09:29] {ese} Oh ya........have a great time
[09:30] {Threei}  speaking whole day on Sunday
[09:31] {Threei}  FCX
[09:31] {Threei}  looking for bounce
[09:31] {Threei}  half lot
[09:31] {Threei} Long Setup:  FCX  33 break
[09:31] {Threei}  if holding above .90
[09:32] {Threei}  ummm
[09:32] {Threei}  lol
[09:32] {Threei}  feel free to exit if you got it
[09:32] {Threei}  which I doubt ery much
[09:32] {Threei}  but feel free to prove me wriong
[09:33] {Threei} Short Setup: FCX  .90 break
[09:34] {Threei}  stop .05
[09:35] {Threei}  no go
[09:35] {dino} gm
[09:35] {Threei}  dino :)
[09:36] {dino} have fun at conference vad
[09:36] {Threei}  ty
[09:38] {Threei}  FCX rinse
[09:38] {Threei}  slimy bastard
[09:38] {nemo} janitor!
[09:39] {Threei} Long Setup:  SLW  .60 break
[09:39] {Threei}  if stays above .50
[09:39] {dino} ew?
[09:40] {Threei}  invalidated
[09:40] {dino} fosl?
[09:40] {Threei} Long Setup:  FCX  .60 break
[09:40] {Threei}  if stays above .50
[09:41] {Threei}  invalidated
[09:41] {ese} L Lnc .40
[09:42] {Threei} Long Setup:  FCX  .40 break
[09:42] {Threei}  if holding above .30
[09:44] {Threei}  held by fingertips
[09:44] {z} stopped me at .29
[09:44] {nemo} voulume not convincing
[09:45] {Threei}  do you use atumatic stops??
[09:45] {z} well yea
[09:45] {Threei}  out now
[09:45] {Threei}  wow, no cooperation whatsoever
[09:45] {Threei}  don't
[09:45] {Threei}  manual ones are way to go
[09:45] {ese} out 1/2 Lnc .53 +.13
[09:46] {z} well it often races past too quick and i lose another 5-7 cents off it
[09:46] {z} so figure mechanical stops are best
[09:46] {ese} ahhhhhh make the .52 and a bit
[09:46] {ese} stop balance .36
[09:47] {dino} meli sm l .74
[09:48] {ese} LNC to break even
[09:49] {ese} to .55
[09:49] {dino} fosl sm l .51
[09:49] {Threei}  wow, that's two rinses FCX
[09:49] {ese} to .60
[09:49] {Threei}  we are not friends today
[09:50] {ese} you and I are though
[09:50] {ese} to .65
[09:50] {Threei}  of course, you haven't rinsed me twice today
[09:50] {ese} opps out
[09:51] {ese} .64 LNC +.24
[09:51] {Threei}  pending home sales at 10
[09:53] {dino} out fosl .21, +.72
[09:53] {Threei} Long Setup:  X  .30 break
[09:53] {Threei}  if stays above .20
[09:55] {dino} meli stop -.36
[09:56] {Threei}  need this .27 offer taken
[09:57] {Threei}  moved to .23 and got swallowed
[09:57] {Threei}  target about .55 - .60, 3 partials
[09:58] {dino} 07 all red
[09:58] {thomcbell} fcx - disgusting
[09:59] {Threei}  what the deuce today
[10:00] {Threei}  *(US) AUG PENDING HOME SALES M/M: -1.2% V -2.0%E; Y/Y: 13.1% V 6.4%E
[10:01] {Threei}  X, another rinse??
[10:01] {Threei}  (AS) Austria Fin Min: Does not believe that euro bonds are a good idea
[10:02] {dino} but he will vote for it
[10:02] {Threei}  as long as he is not backing them
[10:02] {Threei}  great, X at 1:1
[10:03] {Threei}  I think these two days away will be good for me, running into loss cluster obviously
[10:05] {dino} meli rinsed
[10:05] {dino} i'm ou the 5th thru 10th
[10:05] {dino} out
[10:05] {Threei}  watch X proceeding to the target
[10:06] {Threei}  yup, here it is
[10:06] {Threei}  if I try very hard, can I chew through my own throat?
[10:08] {Threei} Short Setup: FSLR  66 break half lot
[10:08] {Threei}  oops
[10:08] {Threei}  late
[10:08] {nemo} you already leave for the conference?
[10:09] {Threei}  bids disappeared as I typed
[10:09] {nemo} wow LVS
[10:10] {Threei}  LVS needs one more sharp selloff before becoming bounce candidate
[10:11] {nemo} 41.55
[10:12] {dino} fosl sm l .44
[10:13] {dino} pulp
[10:15] {dino} 83, +.39
[10:17] {Threei}  here it goes, LVS
[10:18] {Threei}  this should be last shakeout before decisive bounce
[10:18] {Threei}  let's see if we can find entry point
[10:18] {Threei}  .80 break
[10:19] {Threei} Long Setup:  LVS  .80 break
[10:19] {Threei}  stop under .66
[10:19] {Threei}  target is 42.30 or so
[10:19] {nemo} fast
[10:19] {Threei}  half out
[10:20] {Threei}  even gave second chance if you missed first
[10:20] {Threei}  stop to .75
[10:24] {Threei}  market weakens again
[10:24] {Threei}  balance stopped
[10:25] {Threei} Long Setup:  LVS  .70 break
[10:25] {Threei}  if stays above .60
[10:26] {Threei}  invalidated
[10:27] {Threei}  don't you find this line highly ironic:
[10:27] {Threei}  GM S&P raises ratings two notches to BB+ from BB-; ouitlook Stable; now highest level of junk status
[10:28] {dino} nice ipo at 32, lol, at 20
[10:29] {dino} ndx gap fill
[10:30] {z} market sure feels weak
[10:31] {dino} yeah
[10:31] {dino} 07 all red again, not a good sign
[10:33] {Threei}  LVS is gettong seriously overstretched
[10:35] {Threei}  jumped with no chance for entry
[10:36] {RonS} in lvs 40.75
[10:36] {Threei}  wtg
[10:36] {RonS} 41.80 target...need to fix my day
[10:38] {dino} cmi sm l .08
[10:40] {RonS} out .30  +.55 ese size
[10:40] {dino} gj
[10:41] {dino} cyou sm l ave .75
[10:41] {dino} fosl lod
[10:43] {Threei}  LVS is getting interesting again
[10:44] {z} WYNN at the low of day
[10:44] {RonS} es futes look horrible right now
[10:44] {dino} stop cmi .01, -.07
[10:47] {Threei} Long Setup:  LVS  .70 break half lot
[10:48] {dino} cyou stop -.36
[10:48] {Threei}  half out .85
[10:48] {Threei}  stop to .65
[10:49] {Threei}  1:2
[10:53] {dino} cyou sm l .00
[10:53] {Threei} Long Setup:  TZA  .50 break half lot
[10:53] {Threei}  stop under .35
[10:54] {Threei}  1:1
[10:54] {Threei}  1:2
[10:55] {Threei}  fixing it step by step, trade by trade
[10:55] {Threei}  breathing a bit easier, ron?
[10:55] {RonS} ya
[10:56] {dino} cmi sm l .34
[10:59] {Threei}  folks, once again, I am off tomorrow and Monday,
[10:59] {Threei}  meaning three things
[10:59] {nemo} here it comes
[10:59] {Threei}  1. Trailers, your access is extended by two days
[11:00] {Threei}  2. as much as this is throat-cutting business, do help each other these two days, there are plenty other throats to cut (just ask nemo to point them out),
[11:00] {Threei}  3. Pivot point analysis for the week will be posted Mon afternoon instead of sat-Sun
[11:01] {thomcbell} where are they posted to Vad?/
[11:01] {nemo} on that note, if you send me your emails through DCC, when I get it done I will email it to you...I will be drunk from tomorrow night until Sunday morning, so don't expect it before then...
[11:02] {nemo} Vad posts them in the can also get links in the right hand margin
[11:05] {Threei}
[11:05] {dino} out cmi .25, +.91
[11:06] {Threei}  analysis for the week are posted over weekend, and if there are significant events, mid-week update
[11:07] {nemo} usually I'll try to post SPY midweek just to illustrate where price action follows the mapping
[11:16] {Threei} Long Setup:  TNA  .40 break half lot
[11:16] {nemo} spy just dt'd at the pivot
[11:16] {Threei}  stop under .30
[11:17] {Threei}  no go
[11:24] {dino} nxpi l .75
[11:24] {Threei}  LVS, decent bounce after all
[11:25] {nemo} vwap .90, might drop their
[11:31] {Threei} Short Setup: SLW  .70 break
[11:31] {Threei}  if stays under .80
[11:35] {Threei}  sigh
[11:36] {Threei}  hate this whole week
[11:36] {Threei}  I think it shapes up as my worst week of the year
[11:37] {Threei}  yesterday was barely saved by the last trade
[11:37] {Threei}  the rest is miserable
[11:37] {nemo} you usually have one to two 3-day bad stretches a year
[11:38] {Threei}  this is obviously one of dem clusters
[11:40] {dino} well, yesterdays totally sucked for me too
[11:41] {Threei}  I'd think it's rather normal - this market nervouseness doesn't make for a good following technical patterns
[11:41] {Threei}  jerky ractions on any headline mess things up
[11:42] {RonS} copper hod
[11:42] {nemo} nflx monster buyer @ 115
[11:45] {ese} hmmmmmmm.....been following it......i think theres still more dn side that one
[11:45] {ese} your talkin bounce nemo
[11:45] {ese} per chance
[11:46] {nemo} it did...that buyer was providing support, only problem is the spread it usually trades under
[11:46] {nemo} $1 in 3 minutes
[11:46] {dino} nvda l .33
[11:47] {ese} ya no kidding.....the spread is a killer on that one
[11:47] {Threei}  Hearing Piper Jaffray speculating that YOKU, DANG, and MOBI to be at most risk related to the reported DOJ investigation of Chinese firms' accounting (timing uncertain)
[11:47] {Threei}  - Larger names such as SINA, BIDU, and SOHU are less likely to be impacted.
[11:47] {Threei}  - REMINDER: earlier it was reported that the Dept of Justice launched investigation into accounting practices of Chinese firms listed in the US.
[11:53] {Threei} Long Setup:  TNA  .10 break
[11:54] {Threei}  stop under 36
[11:54] {Threei}  target .55, three partials
[11:57] {Threei}  what, 1:1 is all you could do??
[11:57] {Threei}  shrug
[11:57] {nemo} spy is at vwap, so wasn't IWM
[12:00] {Threei}  is uptrend broken on 1 min or not
[12:00] {nemo} no
[12:01] {Threei}  'cause if it is, TZA 49 break is the way to go
[12:01] {Threei}  obviously not
[12:01] {Threei}  but TNA 36 didn't look right at all
[12:01] {Threei}  yet worked
[12:03] {nemo} spy bounced at trend, tna followed
[12:04] {Threei}  I guess just shows you how out of tune I am this week
[12:05] {dino}  out cyou .44, +.44
[12:06] {z} dino, what is your stop and target on nvda long?
[12:12] {dino} stop is .19 target .60
[12:13] {dino} sorry for delay, had to make lunch and throw laundry in
[12:13] {z} ok thx
[12:13] {nemo} you home or at the office?
[12:13] {dino} been home for 13 months, after magoo left office, i moved home, now rent the office
[12:13] {RonS} sounds like the strip club...
[12:14] {nemo} ahhhh
[12:14] {RonS} :D
[12:14] {dino} next wek ron
[12:14] {dino} lol
[12:15] {Threei}  lol
[12:15] {Threei}  look nemo
[12:15] {Threei}  now it's opposite
[12:15] {nemo} what?
[12:15] {Threei}  TNA/TZA
[12:15] {Threei}  TZA double-bottomed
[12:16] {nemo} spy and IWM double topped at vwap
[12:16] {Threei}  and I didn'ttrust myself enough to go for it
[12:17] {ese} am outta here....cya tomorrow
[12:17] {Threei}  take care ese, see you tuesday
[12:19] {dino} cya ese
[12:21] {Threei}  ok... up or down?
[12:22] {Threei}  I am inclined to "down" and view TZA as long
[12:22] {patience} if i say the market is down, please go trading is not good this week
[12:22] {Threei}  around 49 - 49 .10
[12:23] {dino} rumors of fund liquidations, reaql$
[12:23] {patience} yup dino, tomorrow is cutoff for redemption requests for this quarter for some funds
[12:24] {dino} thx
[12:28] {Threei}  ok... trying
[12:28] {Threei}  .01
[12:28] {Threei}  1:1
[12:29] {Threei}  half out .17
[12:29] {Threei}  1:3
[12:29] {Threei}  1/3 out .30
[12:29] {Threei}  1/4
[12:29] {Threei}  sheesh... for once I am right today
[12:30] {nemo} shhhhhh
[12:30] {Threei}  don't shush me, it very well could be my only good trade today, lol
[12:30] {nemo} don't jinx it
[12:31] {Threei}  1:4
[12:31] {Threei}  1:5
[12:31] {nemo} you must sacrifice to the trading gods
[12:31] {Threei}  out +.47
[12:32] {dino} gj
[12:32] {Threei}  I did earlier, didn't I
[12:32] {Threei}  ty
[12:32] {dino} stop nvda -.14
[12:32] {Threei}  still negative for the day but much much easier to breathe
[12:33] {Threei}  trivial loss, nothing to pour ashes on my head over
[12:34] {Threei}  1:8
[12:34] {Threei}  without me
[12:34] {patience} still in it
[12:34] {Threei}  oh well, I had to book some decent profit
[12:34] {Threei}  glad to get right read
[12:34] {Threei}  Fitch downgraded New Zealand
[12:35] {patience} good grief
[12:35] {Threei}  lol
[12:36] {patience} of any country, they pick new zealand
[12:36] {Threei}  France President Sarkozy and Greece PM Papandreou have scheudled meeting for 17:00 Paris time
[12:36] {Threei}  someone at neweswire spells like me
[12:36] {Threei}  "scheudled"?
[12:36] {patience} ty vad
[12:36] {Threei}  fikslexia
[12:36] {Threei}  yw
[12:36] {patience} out +.91
[12:37] {Threei}  wtg
[12:37] {Threei}  that was a glimpse of former me, capable of calling things right, lol
[12:38] {Threei}  but, as arnold said...
[12:38] {Threei}  (EU) Euro zone finance ministers are said to be unlikely to make any final decisions on EFSF leverage at conference on Monday, Oct 3rd - financial press
[12:38] {Threei}  - Finance ministers are most likely planning to select a way of leveraging the EFSF that would not require any new ratification processes by national parliaments, would not trigger a ratings downgrade.
[12:39] {Threei}  (SZ) Swiss National Bank's (SNB) Hildebrand: Sentiment at last weekend's IMF meeting was gloomy
[12:41] {dino} lol, not require national parliments. see, 3i, ignore voters.
[12:41] {Threei}  sigh
[12:44] {patience} back in tza
[12:46] {dino} cmi sm l .56
[12:47] {Threei}  (SZ) Swiss National Bank's (SNB) Hildebrand: Sentiment at last weekend's IMF meeting was gloomy; weak growth puts the global economy in a dangerous phase
[12:47] {Threei}  - Global economy is in a very difficult spot, faces enormous problems that must be solved.
[12:47] {Threei}  - The uncertainty is high but risks are "clearly to the downside"
[12:47] {Threei}  - The capacity for fiscal reaction to the crisis is much lower than it was in 2008.
[12:48] {dino} confidence inspiring
[12:49] {dino} sheesh
[12:49] {Threei}  lol
[12:52] {dino} csh l .21
[12:57] {dino} out cmi .82 ave, +.35
[13:04] {nemo} fun stuff:
[13:08] {dino} nxpi l .58
[13:12] {dino} nvda l .15
[13:18] {Threei}  YNA
[13:18] {Threei}  TNA
[13:18] {Threei}  .60 break long
[13:18] {nemo} if holding?
[13:19] {Threei}  .45
[13:21] {nemo} methinks bear flag forming
[13:29] {Threei}  hmmm
[13:30] {Threei}  feels like another bout of panic selling coming to me
[13:31] {z} vad is coming up with an alert that will have us seeing a money flag forming :)
[13:31] {Threei}  I think SPY is going to make new lows
[13:31] {Threei}  and proceed into red
[13:32] {nemo} thus the bear flag
[13:32] {z} haha
[13:32] {z} you give him no slack do you nemo
[13:32] {nemo} define slack?
[13:32] {dino}  nxpi stop -.15
[13:33] {z} some leeway, wiggle room
[13:33] {patience} vad, any suggestions when to cut off tza trade?  entered at 50.26
[13:33] {nemo} well, if you read more closely, you'll see there was a qualitative comment in his post not present in mine
[13:34] {nemo} patience, you partialling?
[13:34] {patience} not yet
[13:34] {nemo} if spy breaks .65 stop
[13:35] {Threei}  I'd just partail, it has ptential to go to 52
[13:35] {patience} ty
[13:37] {nemo} .55-.60 is quarterly S3 and WPP
[13:37] {Threei}  not to be outdone by Fitch and NZ,
[13:37] {Threei}  S&P lowers Minnesota general obligation bonds one notch to AA+ from AAA; citing a structural imbalance
[13:38] {Threei}  (US) Fed's Lockhart: The high rate of unemployment in the US is perplexing, US may be going through a hiring slowdown
[13:38] {Threei}  you think??
[13:38] {Threei}  what is so perplexing about that... get the guy hostile to business out of the office, then we will talk about hiring
[13:39] {Threei}  how hard is that to understand
[13:39] {patience} out
[13:39] {dino} good rant 3i
[13:40] {Threei}  I find myself not even caring aanymore who is presented as alternative to him, for one simple reason:
[13:40] {Threei}  he is so toxic to the economy, anyone will be better
[13:40] {nemo} it don't matter
[13:41] {nemo} gotta' blow up Congress too
[13:41] {dino} carter all over again
[13:41] {nemo} worse
[13:41] {nemo} Carter was an engineer by training, this guy is a demagogue
[13:42] {dino} they need to "get out of the way"
[13:42] {nemo} careful here patience
[13:42] {Threei}  no
[13:42] {Threei}  one more leg down
[13:42] {nemo} lotsa' buying coming in
[13:43] {Threei}  not yet
[13:43] {Threei}  52!
[13:43] {nemo} I said careful, not get out
[13:43] {Threei}  target hit
[13:43] {patience} i have to pay my visa bill tomorrow
[13:43] {Threei}  I have no furthe read on TZA right now
[13:43] {Threei}  had 52 as clearly visible target
[13:44] {Threei}  you are up $1.75
[13:44] {nemo} this is spy low, likely bounce/consolidation area
[13:44] {Threei}  get out, IMO
[13:44] {patience} ty, i'm out
[13:45] {patience} already transferred profit from trading account to chequing   :)   ty
[13:45] {Threei}  transferred profit from trading account to chequing - fine... but did you send my share??
[13:46] {patience} i'll buy you something down in the caymans ok?
[13:46] {Threei}  like house?
[13:47] {dino} cmi sm l .00
[13:48] {patience} laughing, nope, i'll go into Kirk Freeport and buy Mrs. Vad something blingy
[13:48] {Threei}  I don't care about that at all
[13:48] {Threei}  she didn't call TZA for you, did she
[13:51] {dino} s/p gap fill
[13:53] {nemo} funny, I see it in TNA alot...there is this "feeler" offer for 150 lots that moves quite quickly with the bids, not sure what it does, but it seems to gauge the ceiling
[13:54] {dino} chk l .50
[14:02] {dino} cmi stop
[14:03] {patience} in tza 51.60
[14:05] {dino} three dats straight up 200+ to negative
[14:06] {dino} days
[14:07] {nemo} spy major retracement at .45
[14:08] {Threei}  (GR) German banks continue to resist political pressure to take a bigger haircut on Greek bond holdings, but can absorb a larger writedown - FT
[14:08] {Threei}  - Analysts said to be confident that even if German banks were forced to absorb a 50% writedown, they would not experience significant problems, provided Greek crisis can subside.
[14:08] {Threei}  - Report noting that about 10B of Germany's 18B exposure to Greek debt is held at two state-supported "bad banks" set up to rescue Hypo Real Estate and WestLB.
[14:08] {Threei}  - Commerzbank has the highest sovereign exposure to Greece at 2.2B; took a 21% writedown of about 760M in August as a result of bond-swap agreement.
[14:08] {Threei}  - DB said to have a portfolio of Greek debt totaling about 1.15B; Took 155M impairment in July.
[14:08] {Threei}  - Citing Hans-Peter Burghof, banking expert at the University of Hohenheim: "Those banks that can afford it have already written down their Greek bonds ... A haircut will hurt a bit but its not going to put banks in real difficulty."
[14:11] {patience} out tza
[14:13] {Threei}  house this time?
[14:14] {patience} depreciating asset, think of something else
[14:14] {Threei}  I don't care, I'll sell it faster than you can say "depreciation"
[14:24] {Threei}  some bounce time
[14:24] {Threei}  I doubt anything major but downtrend ashould be hatled for now
[14:30] {dino} .
[14:34] {dino} nothing like a 100 pt ndx range
[14:34] {dino} a day is like a week, a week a year.
[14:43] {Threei}  trying to discern next direction
[14:46] {dino} down
[14:47] {Threei}  my feel too
[14:48] {patience} in tza 52.47
[15:05] {Threei}  new low
[15:08] {Threei}  (US) Senate Republicans are calling for President Obama to immediately submit free trade pacts for voting - financial press ***Reminder: On Sept 22nd, Senate Minority leader McConnell (R-KY) said it was time for Pres Obama to submit free trade deals with South Korea, Panama, and Colombia
[15:08] {dino} election year, he will not submit them
[15:10] {dino} nxpi l .01
[15:16] {Threei}  TNA
[15:16] {Threei}  long for scalp 34 break
[15:17] {Threei}  stop .85
[15:17] {Threei}  1:1
[15:18] {Threei}  well, day became pratically flat
[15:18] {Threei}  not stellar but at least not a losing anymore
[15:18] {Threei}  good, would hate to be away for 4 days with last trading day being a loss
[15:20] {Threei}  now time to decide... do we proceed to new lows as eod nears?
[15:20] {Threei}  whose gut says what?
[15:21] {Threei}  mine screams yes
[15:21] {z} spy low 113s
[15:21] {patience} no new lows
[15:22] {Threei}  nemo, here?
[15:23] {z} this market is too nutty to figure out
[15:24] {z} flip a coin
[15:25] {dino} agree w/z. i'll flip the caesars coin
[15:25] {z} vad you make the big bucks to decipher this stuff :)
[15:25] {dino} it's heads, up we go
[15:25] {z} cool
[15:31] {z} the coin is correct thus far
[15:32] {Threei}  I knew dartboard was the way to go
[15:32] {Threei}  but nemo with his "charts, charts" threw me off
[15:33] {Threei}  good thing I didn't bet my new house in Caymans with patience
[15:42] {patience} good thing
[15:44] {dino} seems caesar was right
[15:45] {patience} the dog whisperer?
[15:45] {dino} woof
[15:46] {dino} caesar the gold colored token
[15:52] {dino} out csh ave .42, +.21
[15:53] {dino} out chk .74, +.24
[15:55] {patience} ty all
[15:55] {RonS} have a good time 3i...
[15:55] {dino} have fun 3i
[15:55] {dino} yw patience
[15:56] {Threei}  thank you all
[15:56] {Threei}  be good
[15:56] {Threei}  stay safe
[15:56] {Threei}  see you Tuesday!
[15:58] {dino} out nvda -.08
[15:59] {dino} out nxpi -.01
[16:02] {dino} gn all, thx for ideas