Wednesday, October 19, 2011

Oct 19 2011

(Participation in the room in real time requires membership)

Another great day with a lot of nice winning trades ranging from 1:1 to 1:4. As soon as market gets out of that "slow creep-up" mode, we are in our element.


Session Time: Wed Oct 19 00:00:00 2011
[08:30] {Threei}  US) SEPT CONSUMER PRICE INDEX M/M: 0.3% V 0.3%E
[08:30] {Threei}  *(US) SEPT HOUSING STARTS: 658K V 590KE; BUILDING PERMITS: 594K V 610KE
[08:48] {Threei}  ok... sit around, don't sit around, at some point gotta start (as huge drunkard at Russian wedding said before hitting sitting next to him in the ear)
[08:50] {swill} gentlemen, start your engines
[08:51] {Threei}  shhhhh... for nemo it's a signal to start pouring whiskey in his throat as a fuel
[08:51] {nemo} what do you have one of those biodiesel's running on cooking fat, swill?
[08:51] {nemo} vodka
[08:51] {swill} lol
[08:53] {swill} caffeen for me
[08:53] {Threei}  well, per ese caffein works too - when taken intravenously
[08:54] {swill} have you seen the movie, limitless.  Like that
[08:54] {Threei}  no... new one?
[08:54] {swill} four weeks ago I think
[08:56] {Threei}  unless we are talking new Bond movie, I am usually running with big delay on new releases... :)
[08:57] {swill} I'll loan it to you
[08:58] {Threei}  thanks... I'll whistle when ready :)
[08:58] {Threei}  or scream
[08:58] {swill} lol
[08:59] {Threei}  http://www.facebook.com/photo.php?fbid=276100932424589&set=a.237133656321317.63196.235739863127363&type=1&theater
[09:01] {swill} seems they will have slow growth there
[09:02] {Threei}  slow growth?
[09:02] {Threei}  rofl
[09:02] {Threei}  that's one way to name a crash
[09:02] {swill} lol
[09:03] {swill} btw, what set up were you using yesterday vad?
[09:03] {Threei}  ?
[09:04] {Threei}  for what?
[09:04] {swill} did you mention a pattern in the chat room
[09:04] {Threei}  not sure what you mean... there were 5 calls
[09:05] {Threei}  each was different setup
[09:05] {swill} ok, I missunderstood.  thanks
[09:07] {ese} morning
[09:07] {Threei}  ese, we were just talking about you
[09:08] {Threei}  [08:53] {swill} caffeen for me
[09:08] {Threei}  [08:53] {Threei} well, per ese caffein works too - when taken intravenously
[09:08] {ese} oh oh
[09:09] {ese} ya .....what can i say....i like keep a hypodermic around for cafine injection in the morning
[09:09] {swill} lol
[09:16] {dino} gm all
[09:16] {Threei}  dino :)
[09:22] {ese} d
[09:26] {RonS} hello everyone...
[09:27] {Threei}  ron :)
[09:28] {_tarkus62} gm all
[09:28] {Threei}  tarkus :)
[09:28] {Threei}  targeting FCX for short
[09:28] {Threei}  half lot
[09:28] {larisa} gm :)
[09:28] {_tarkus62} k cool
[09:28] {Threei}  larisa :)
[09:29] {ese} tarkus buddy.......i shop at your stores alot.......
[09:29] {ese} opps sorry thats target.........my mistake
[09:29] {_tarkus62} lol
[09:30] {ese} welcome to the board.........
[09:30] {Threei}  SLW too
[09:30] {Threei}  FCX bounces
[09:31] {Threei} Short Setup: FCX  .40 break
[09:31] {Threei}  invalidated of course
[09:31] {nemo} hehehehehe
[09:31] {Threei}  change to .80
[09:32] {Threei}  .90
[09:32] {Threei}  if stays under 36
[09:32] {Threei}  got .87
[09:33] {Threei}  half out
[09:33] {Threei}  .67
[09:33] {Threei}  out in full
[09:33] {Threei}  .45
[09:33] {Threei}  whew
[09:34] {dino} gj
[09:34] {Threei}  missed SLW meanwhile
[09:34] {cipher} wow
[09:34] {_tarkus62} nice
[09:34] {cipher} thx 3i
[09:34] {Threei}  welcome sir
[09:34] {Threei}  awww, too soon
[09:34] {Threei}  look at this
[09:34] {thomcbell} molto bene Three
[09:34] {Threei}  :)
[09:35] {cipher} rollecoaster
[09:35] {cipher} thank god for hot keys
[09:36] {Threei}  ugh SLW
[09:36] {Threei}  this one seriously got away
[09:36] {Threei}  ok, don't get scared but
[09:36] {Threei} Short Setup: FCX  35 break
[09:36] {Threei}  half lot
[09:37] {Threei}  invalidated for now but will stay on radar
[09:37] {dino} aem sm l .65
[09:37] {Threei}  actually... maybe aggressive entry
[09:37] {Threei}  .10 break
[09:37] {Threei}  stop above .20
[09:38] {Threei}  invaidated too
[09:38] {dino} stop -.22
[09:40] {dino} rinsed
[09:40] {Threei} Short Setup: WFC  .10 break
[09:40] {Threei}  if stays under .20
[09:41] {Threei}  target 1:2, two partials
[09:41] {Threei}  1:1
[09:42] {Threei}  stop to .11 of course
[09:43] {Threei} Long Setup:  RIMM  .95
[09:43] {Threei}  if stays above .85
[09:45] {Threei}  invalidated
[09:45] {Threei}  WFC target hit
[09:48] {Threei} Long Setup:  RIMM  .80 break
[09:49] {Threei}  if stays above .70
[09:50] {Threei}  let's trail to .74
[09:50] {Threei}  looks good but it's RIMM, want to keep it on a tight leash
[09:52] {Threei}  market sharp red bar
[09:52] {Threei}  out
[09:53] {Threei} Short Setup: GS  104 break
[09:53] {Threei}  small shares
[09:53] {Threei}  stop above .20
[09:53] {Threei}  no worky
[09:54] {Threei}  crap, we missed that FCX 35 short
[09:54] {dino} aem capit
[09:55] {RonS} flood and mine closing...
[09:55] {RonS} not going near it
[09:56] {cipher} aem good one thx dino!
[09:56] {dino} gj
[09:58] {Threei} Long Setup:  LVS  45 break
[09:58] {Threei}  if stays above .90
[09:58] {Threei}  target 1:3
[09:58] {Threei}  3 partials
[09:59] {Threei}  1:1
[09:59] {Threei}  stop to .98
[09:59] {dino} cma sm l .60
[10:00] {Threei}  1:2
[10:00] {Threei}  % of deaf, blind and stupid if determined:
[10:00] {Threei}  is
[10:00] {Threei}  6% Rate U.S. Economy As Good or Excellent
[10:01] {dino} cma stop -.12
[10:01] {cipher} wow AEM
[10:02] {Threei}  done with LVS
[10:02] {cipher} stepping out... need to change my diapers :-)
[10:02] {Threei}  lol
[10:04] {Threei} Short Setup: FCX  .60 break half lot
[10:04] {Threei}  stop above .70
[10:04] {Threei}  aggressive entry for .50 break
[10:04] {Threei}  no go
[10:05] {ese} dino you out of aem
[10:07] {dino} no
[10:07] {Threei}  wow LVS
[10:07] {Threei}  ca I have mulligan?
[10:08] {dino} got out long time ago 48.43
[10:08] {dino} did not re enter yet
[10:08] {dino} cma rinsed
[10:09] {RonS} in cma .52 ave
[10:10] {RonS} target .94
[10:12] {RonS} out .94 +.42 ese size...u da man dino
[10:13] {dino} wtg
[10:15] {nemo} apkt
[10:15] {Threei} Short Setup: FCX  35 break
[10:16] {Threei}  stop above .10
[10:16] {Threei}  target 1:2, 1:3
[10:18] {ese} nice one ron!!!!!!
[10:18] {Threei}  let's scratch it here
[10:18] {Threei}  yup
[10:18] {Threei}  something didn't look right
[10:21] {ese} L STX .19
[10:24] {Threei}  wow
[10:24] {ese} i'll say......6th sense there vad
[10:26] {dino} csh l break .00
[10:27] {ese} stx 1/2 out .31 +.12
[10:27] {dino} nxpi l .65
[10:30] {Threei}  *DOE CRUDE: -4.73M V +1.5ME; GASOLINE: -3.3M V -1.5ME; DISTILLATE: -4.27M V -1.5ME; UTILIZATION: 83.1% V 83.6%E
[10:31] {ese} out stx full .46 +.27....good enough  1k/1k ron
[10:31] {dino} gj
[10:31] {ese} tks
[10:32] {ese} am eyeing aem
[10:35] {dino} out nxpi +.03
[10:35] {cipher} long or short ese?
[10:40] {ese} am thinkin long
[10:40] {ese} depends on this bounce
[10:41] {ese} classic dino in at .00 maybe
[10:42] {ese} in .01 aem
[10:42] {cipher} nice
[10:43] {ese} out 1/2 avg .21
[10:43] {ese} break even balance
[10:44] {ese} stop to .15
[10:44] {dino} gj
[10:44] {ese} .20
[10:45] {ese} daaaaaaaaaa stopped .19 +.18
[10:45] {RonS} nice management...gj
[10:46] {Threei}  very
[10:46] {Threei}  refined way to trade
[10:46] {ese} must apologise that was not classic dino........his would have been +1.50
[10:46] {dino} not today,getting rinsed alot
[10:46] {Threei}  well, that's the difference between man and dinosaur... SIZE!
[10:46] {dino} thats what she said
[10:46] {RonS} ya but there is dino size, then there is ese size
[10:47] {RonS} lol
[10:47] {ese} that went 1k/1k ......no biggie
[10:48] {ese} STX still staying strong may go in there again sm
[10:48] {RonS} ...freakin 1%'er...
[10:49] {Threei}  lol
[10:49] {ese} ya but don't forget.......these thing can go against ya faster big time
[10:50] {dino} cma l .55
[10:50] {RonS} true 'dat...'specially a mining stock w/ a closed flooded mine
[10:50] {ese} definite;ly
[10:52] {RonS} btw for canuckian education:  true 'dat is a cajun expression
[10:52] {ese} like i said before....it's just cruise control these days....am not likely to be doing 10k/15k like iwas doing3 years ago......chuck a dart at a stock.....thats the one going up
[10:53] {dino} you're a piece of work ese
[10:53] {ese} spring 08/09? hmmmmm can't remember
[10:53] {RonS} ...and fwiw cajuns are French Arcadians captured and transported to Lousiana by the Bristish in the early 18th century
[10:54] {Threei}  Ron... this is slippery slope: a few days more and you are going to start speaking Swahili with us
[10:54] {RonS} ...that's the main reason Louisiana is so weird
[10:54] {ese} I shoulda stayed there.......would have had a better chance at playing music for a living in New Orleans
[10:55] {dino} we all have shoulda's
[10:55] {RonS} for me plus woulda's and shoulda's
[10:55] {ese} dats fur shuah
[10:55] {RonS} sorry coulda's
[10:57] {ese} ya like.....I shoulda made to Mertle to golf with dino
[10:57] {ese} thats still on the hit list
[10:58] {dino} ;)
[10:58] {dino} cma stop -.09
[10:59] {ese} gotta do that before my shoulders can't turn a full 90 degrees to hit a golf ball prpperly
[11:00] {RonS} seen many codgers that does not hurt their game much
[11:00] {dino} too much tequila on this last trip, was hurting couple days
[11:01] {dino} air pocket drop
[11:01] {dino} wtf cma rinsed again, that makes 3
[11:03] {RonS} dunno if i will play it but knl reported great qtr and look...
[11:05] {dino} think we have to
[11:08] {RonS} At least 14 police officers hospitalized with injuries in clashes with Greek demonstrators
[11:09] {nemo} funny, width of my window breaks up the words so it says "clashes with Greek demons"
[11:09] {dino} lol
[11:09] {dino} knl l .55
[11:17] {nemo} sina
[11:18] {RonS} sohu
[11:18] {RonS} chinese burrito stock...dang, etc
[11:21] {dino} knl stopped, sheesh
[11:24] {Threei}  EU's Van Rompuy: might have to consider changing unanimity rules for making euro zone decisions; all EMU countries should yield some sovereignty as part of greater integration
[11:24] {Threei}  heh
[11:24] {dino} lol
[11:24] {dino} lets see that pass a vote
[11:24] {RonS} these guys chewing peyote over there?
[11:24] {nemo} WHERE???
[11:25] {ese} just dropped the kids off at school and now I gotta go.....cya tomorrow
[11:26] {Threei}  take care ese
[11:26] {dino} cya ese gj
[11:28] {dino} last try cma sm l .39
[11:38] {RonS} sm l knl .93
[11:38] {cipher} me too in knl .95
[11:40] {cipher} stopped
[11:41] {dino} sm l .76 knl
[11:46] {dino} cma to flat
[11:56] {dino} knl stopped.
[11:56] {dino} taking a break, i suck today
[11:59] {cipher} l knl .12
[12:00] {cipher} out partial .39
[12:03] {Threei}  nice
[12:05] {cipher} out another partial at .49
[12:06] {RonS} knl l .40 ave
[12:06] {Threei}  getting back in the groove, cipher :)
[12:07] {cipher} seems like it
[12:10] {cipher} misjudged my last exit knl only got 100 filled at .60
[12:13] {cipher} here we go out rest +.48
[12:13] {Threei}  wtg
[12:13] {dino} apkt sm l .00
[12:14] {dino} wtg cipher
[12:14] {cipher} thx
[12:18] {cipher} first positive day for me
[12:18] {RonS} out knl .68 +.28 ese size
[12:18] {cipher} I will leave while ahead
[12:18] {cipher} take care cu tomorrow
[12:19] {RonS} cya cipher and thanks...best day in months for me...
[12:19] {dino} cya cipher
[12:20] {Threei}  take care cipher, gj
[12:20] {Threei}  not bad, a few days after starting out
[12:39] {Threei}  declaration draft by OWS says:
[12:39] {Threei}  4. A complete lifetime ban on accepting all gifts, services, money, directly or indirectly, to any elected or appointed federal officials or their immediate family members, from any person, corporation, union or other entity that the public official was charged to regulate while in office.
[12:40] {Threei}  I understand President will be forever banned from accepting a bottle of wine for his birthday from anyone
[12:40] {Threei}  since he regulates whole USA population, in a sense
[12:42] {Threei} Short Setup: LVS  .50 break
[12:48] {Threei}  come on .60, hold
[12:53] {Threei}  no go
[12:53] {dino} aqpkt stop -.21
[12:54] {dino} apkt
[12:57] {RonS} fl rumor...
[12:58] {dino} f'ing rinses, apkt makes 4
[13:03] {Threei}  https://sites.google.com/site/the99percentdeclaration/
[13:04] {Threei}  incredibly eclectic mix of correct, naive, unworkable and idiotic
[13:11] {dino} apkt rinses me and runs .70. wtf
[13:20] {Threei}  (EU) EFSF technical discussions now centering around purchases of collateral for guarantees, after legal experts say direct guarantees are not possible - financial press
[13:20] {RonS} who is riding and who is driving?  :  WSJ: EU Lawyers Have Rejected Direct EFSF Guarantees
[13:20] {Threei}  this all is so wrong...
[13:21] {Threei}  it's like if you find yourself on the wrong road, you continue driving further with oncreased spped instead of turning back
[13:21] {Threei}  and hope it will get you where you need to be
[13:22] {Threei}  this course of action got you there - reverse it, for pete's sake!
[13:22] {Threei}  why do more of what got you in troubles in the first place?
[13:28] {dino} rnow blood
[13:31] {RonS} pretty funny...from you bud 3i:  http://tinyurl.com/3mkc6vh
[13:34] {Threei}  heh
[13:34] {nemo} http://www.klfy.com/story/15717759/second-hand-dealer-law
[13:35] {RonS} hah...like anyone in LA pays any attention to the law...
[13:36] {dino} sina sm l .00
[13:38] {RonS} idiocy unleashed:  http://tinyurl.com/5wvr925
[13:40] {dino} stopped
[13:40] {RonS} starting to get a faz itch...copper -.11
[13:40] {dino} 5th rinse
[13:47] {Threei}  GR) Greece Parliament said to have begun voting process on supplemental austerity bill, ahead of final austerity vote expected on Thursday - financial press
[13:47] {Threei}  - REMINDER: Greece is in the midst of a 48-hour general strike in protest of the new austerity measures.
[13:55] {RonS} hearing beige book in 6 min
[14:00] {Threei}  yeah
[14:00] {Threei}  just started
[14:01] {Threei}  *(US) FED'S BEIGE BOOK: ECONOMY GREW AT A MODERATE AND SLIGHT PACE; COST PRESSURES EASING IN MOST REGIONS
[14:01] {Threei}  looong
[14:01] {Threei}  and useless
[14:04] {RonS} fidelity reported that sarkozy says bail fund expansion talks have stalled
[14:04] {RonS} look V
[14:04] {RonS} caw, caw
[14:07] {Threei}  what's woth it?
[14:07] {Threei}  I see no news
[14:08] {RonS} me either
[14:08] {dino} div raised
[14:08] {RonS} More Lawsuits Take Aim At Visa And MasterCard ATM Policies       10/19 11:36 AM
[14:08] {RonS} ??
[14:16] {RonS} v sm l .89
[14:16] {RonS} should say vsm l...one way or another...
[14:18] {RonS} out -.18
[14:27] {Threei}  hmmm
[14:27] {Threei}  why no news on wires
[14:27] {Threei}  re: fidelity
[14:27] {nemo} what happened
[14:27] {Threei}  as always... dino had to trip of the cord and unplug the market
[14:28] {dino} sorry
[14:28] {nemo} clumsy oaf!
[14:28] {dino} been that kind of day
[14:40] {Threei} Long Setup:  TZA  .50 break
[14:40] {Threei}  half lot
[14:43] {nemo} after that run I just couldn't...God bless ya
[14:43] {Threei}  half out
[14:43] {Threei}  stop to .48
[14:45] {Threei}  scalpers win
[15:04] {Threei} Long Setup:  FAZ  51 break
[15:04] {Threei}  half lot
[15:05] {Threei}  stop under .90 or .85
[15:05] {Threei}  both are valid
[15:05] {Threei}  target .45
[15:06] {Threei}  half out .18
[15:06] {Threei}  stop to .95
[15:13] {RonS} sorry, stepped away...can't handle the chop
[15:25] {RonS} see youze tomorrow...have an appt...
[15:26] {Threei}  take care ron
[15:33] {nemo} mmmhhh bids higher than offers on tna
[15:35] {Threei}  INET seems to be having problems
[15:37] {nemo} wonder if they got hacked
[15:41] {Threei}  nice smacking
[15:56] {Threei}  thank you all, have a great evening
[15:56] {Threei}  see you tomorrow