Somewhat boring but very nicely profitable day. Bore me with profits and I will yawn all the way to the bank. Nice Catch of the Day, 1:5 on RIMM:
Session Time: Wed Nov 02 00:00:01 2011
[09:02] {Threei} OK... slowly and unwillingly, but I AM waking up
[09:03] {Threei} Rasmusses greets me with this line:
[09:03] {Threei} 79% See Political Correctness As Serious Problem in America
[09:04] {Threei} hey, maybe this country isn't hopeless
[09:10] {jakob} gm all
[09:10] {dino} gm all
[09:10] {Threei} jakob, dino :)
[09:11] {swill} :)morning
[09:11] {Threei} swill :)
[09:11] {Threei} I tried to send patience to throw some rocks in your window yesterday... she refused... so you got away with it, this time
[09:12] {swill} I'm striving for consistancy now. Up at 5 today
[09:13] {patience} notice i am up early as well :)
[09:14] {Threei} yes... so, let's wake up ese?
[09:14] {swill} lol
[09:15] {Threei} between throwing roocks and phoning with innocently sounding "hey, I am not too ealry?/"... what to choose...
[09:15] {Threei} decisions decisions...
[09:18] {RonS} gm...snowed 6" last night...unusual
[09:19] {Threei} sheesh
[09:19] {Threei} and I went shrimping merrily
[09:20] {swill} did you get many
[09:20] {Threei} about 100
[09:20] {RonS} gr ref back on and market up?
[09:20] {Threei} and one confused crab managed to get in the trap
[09:21] {Threei} yes Ron, general consensus seems to be:
[09:21] {swill} excellent
[09:21] {Threei} whole develoment will push Fed to move on QE3
[09:21] {Threei} so traders jumped on this as a reason to buy... high state of confusion
[09:22] {RonS} hgg...27% short float...
[09:22] {RonS} dino, dmnd could be interesting...
[09:23] {RonS} ctsh beat and raised and is down...
[09:26] {dino} on screen, also ctsh beats and drops
[09:26] {dino} lol watching the same scanner i guess
[09:28] {Threei} LVS long on pullback is first idea
[09:28] {Threei} WYNN announced nice dividend
[09:30] {Threei} what pullback, LVS says
[09:32] {Threei} (GR) German Fin Min: Agreed not to comment on Greece referendum ahead of G20 discussions
[09:32] {Threei} yup, that makes it all go away
[09:34] {dino} ctsh sm l .25
[09:34] {Threei} Short Setup: SLW .10 break if stays under .25
[09:37] {Threei} let's cover half
[09:37] {Threei} 1:1
[09:37] {Threei} stop to .15
[09:38] {dino} out ctsh .55 +.30
[09:38] {Threei} wtg'
[09:39] {dino} ty
[09:39] {swill} ty
[09:39] {Threei} 1:2, out in full
[09:39] {Threei} maybe too early but I wanted to match dino's 30 cents :)
[09:40] {Threei} yeah, early
[09:40] {cipher} FCX L .48
[09:40] {Threei} good one cipher, I was looking at it
[09:40] {Threei} intuitively was cool entrey but no clear setup for the call
[09:41] {Threei} cangaroo tail
[09:43] {dino} mdr sm l .85
[09:44] {Threei} Short Setup: LVS .85 break half lot
[09:44] {Threei} if stays under 49
[09:45] {Threei} let's change to aggressive .90 break
[09:45] {Threei} late for that
[09:46] {Threei} anyway, works nicely as it is
[09:46] {Threei} 1:1
[09:46] {dino} 07 red
[09:47] {Threei} scalpers win
[09:47] {dino} whippy
[09:49] {Threei} Long Setup: FCX .55 break
[09:49] {Threei} stop under .45 scalpers, .40 day traders
[09:49] {Threei} scalpers 1:1
[09:50] {Threei} day traders stop to .44
[09:51] {Threei} scalpers win again
[09:58] {dino} ctsh sm l .01
[09:58] {Threei} Short Setup: FCX .40 break
[09:59] {Threei} stop above .55
[09:59] {Threei} target 1:2
[10:00] {Threei} no go
[10:01] {Threei} Short Setup: RIMM .10 break
[10:02] {Threei} if stays under .20
[10:02] {Threei} milk trade, not a scalp at all
[10:03] {Threei} 19 is a last resort for it... after it's lost, there is no telling how low it can go
[10:07] {dino} ten sm l .75
[10:08] {dino} out ctsh .53, +.52
[10:08] {Threei} nice!
[10:09] {dino} ty
[10:10] {dino} ctsh=pulp
[10:12] {Threei} when have time, good comment on Greece situation: http://goo.gl/xBxZy
[10:13] {dino} auxl sm l .23
[10:15] {dino} hitting vwap
[10:21] {dino} out ten .05, +.30
[10:21] {dino} mdr to .95 slow
[10:22] {Threei} OK RIMM,,, time to turn the lights off
[10:23] {Threei} and sink to the bottomless abyss of oblivion
[10:23] {pragmatic} so poetic
[10:23] {Threei} hmmm... where is nemo... I am sure he would have something to say about this
[10:26] {dino} auxl to .19
[10:27] {dino} out mdr .95, +.10
[10:28] {Threei} oh boy...
[10:28] {Threei} http://www.timescolonist.com/opinion/editorials/kids+drop+balloons/5644042/story.html
[10:29] {cipher} IBM L .16
[10:36] {cipher} out .43
[10:36] {dino} gj
[10:36] {Threei} wtg
[10:36] {Threei} nice performance cipher
[10:36] {cipher} thx
[10:37] {Threei} RIMM, baby
[10:37] {dino} iart sm l .00
[10:37] {Threei} 1:1 is coming
[10:37] {Threei} and much more to come
[10:37] {Threei} IMO
[10:38] {swill} excellent read on rimm. I will be back in an hour. Need to drive wife
[10:38] {Threei} I drive mine crazy
[10:38] {dino} auxl to flat
[10:39] {swill} me too
[10:39] {Threei} but swill
[10:39] {Threei} you need an hour to do that?? I make her white mad in a blink f eye
[10:40] {Threei} if you need any consult, just ask
[10:41] {swill} lol. k thanks
[10:41] {Threei} covered first part of RIMM here
[10:41] {Threei} stop trail to .15
[10:42] {dino} gj rimm
[10:43] {Threei} ty
[10:43] {cipher} wtg rimm thx
[10:43] {Threei} :)
[10:43] {Threei} 1:2
[10:43] {dino} auxl to .36
[10:44] {cipher} ibm s .15
[10:45] {dino} iart wall .00
[10:45] {dino} hits/drops/etc
[10:46] {cipher} ibm -.10
[10:47] {dino} auxl to .48
[10:48] {Threei} 1:3
[10:48] {cipher} wtg
[10:48] {Threei} ty
[10:49] {Threei} hard to believe it's that same formerly almightly RIMM
[10:50] {dino} auxl to .53
[10:51] {dino} to .61
[10:53] {dino} to .72
[10:54] {dino} iart to .90 stuck
[10:55] {dino} out auxl .74, +.51
[10:55] {RonS} wtg
[10:55] {dino} ty, slow and steady one
[10:57] {dino} iart stop .90, -.10
[10:57] {cipher} wynn spike
[10:58] {RonS} iart is dead to me...
[10:58] {dino} must be a story to that
[10:58] {Threei} lol
[10:59] {cipher} +.50 WYNN s too fast
[10:59] {dino} gj
[10:59] {cipher} has more juice
[10:59] {dino} taking a break, 5 of 6
[11:00] {dino} back in 30
[11:14] {cipher} WYNN L 136
[11:23] {cipher} out +.49
[11:23] {Threei} wtg
[11:24] {cipher} trying to fight scalper's menality
[11:30] {RonS} so cipher...get this...it took me months to realize that when dino posts "to .61" etc he is posting his sell stops when the price moves in his direction
[11:30] {RonS} i thought he had delayed quotes since he operates on dial up
[11:30] {RonS} the point is that studying what he does can help if you are trading smallish shares
[11:31] {RonS} 3i's partialling technique is appropriate for large shares...imo
[11:33] {dino} lol ron, dial up
[11:36] {Threei} poor RIMM
[11:36] {Threei} bottmoless
[11:41] {dino} last try iart sm l .34
[11:52] {cipher} WYNN l 84
[11:53] {swill} back for now. are you watching the paint dry?
[11:53] {RonS} it is fed day, no?
[11:54] {swill} ah
[11:55] {dino} y
[11:56] {cipher} out wynn .67 -.17
[11:56] {RonS} dino look mpel
[12:00] {dino} where?
[12:01] {RonS} ?
[12:02] {dino} oh, thought it said took
[12:02] {dino} my bad
[12:02] {RonS} guess you need more than gunnars...
[12:02] {RonS} :D
[12:03] {dino} i like it on gap fill .10
[12:03] {RonS} ya or at least yest hod
[12:04] {RonS} hmmm, tagged that...
[12:04] {dino} yes
[12:06] {dino} out iart .54, +.20, feels weak
[12:07] {dino} tricked me
[12:18] {dino} or not
[12:19] {Threei} or treated
[12:19] {dino} 07 red
[12:31] {dino} all green now
[12:45] {dino} mdr l .85
[12:45] {Threei} FOMC as expected, non-event
[12:45] {dino} thought it was at 2:15
[12:46] {patience} q and a
[12:46] {Threei} *FOMC HOLDS FED FUNDS RATE TARGET AT 0.25% (AS EXPECTED); Operation twist unchanged; Evans dissents, requesting additional accomodation- Vote: 9-1
[12:47] {Threei} lol
[12:47] {Threei} (IT) Bank of Italy's Visco: Italian banks will continue to borrow more from ECB if the interbank lending market does not improve
[12:48] {Threei} ECB: no one is even asking me??
[12:49] {swill} sorry was asleep
[12:56] {dino} heres some value added research, barclays raises aap to 65, it trades at 64.91
[12:57] {RonS} ese likes 9 cents...
[12:57] {dino} i suppose
[12:59] {dino} mdr stop .78 -.07
[13:02] {cipher} ibm l .91
[13:03] {cipher} out +.28
[13:07] {dino} gj
[13:20] {RonS} EU, IMF will not release 8 billion euro payment to Greece until bailout referendum has been held, IMF, EU sources say -
[13:23] {Threei} woulsd be beyond weird and desperate if they did
[13:40] {dino} ew
[13:44] {RonS} Edwards $EW Accepts Coverage Curbs on Heart Valves; Bloomberg Says Rules Could Cut US Device Sales by $100M
[13:44] {dino} ty
[13:48] {dino} you'd think that would hurt the stock
[13:53] {RonS} see y'all in the a.m. gotta trudge through the snow to a doc appt...
[13:53] {dino} cya
[13:53] {swill} bye for now
[14:01] {Threei} *(US) FOMC UPDATED ECONOMIC FORECAST FOR NOV 2011 MEETING; LOWERS GDP FORECAST; AS EXPECTED
[14:05] {swill} going driving, back of last hour
[14:11] {Threei} (GR) Greece Govt spokesperson notes the Greece referendum said to ask only about Euro aid deal rather than Euro zone membership
[14:11] {Threei} - Note: Concurrently reports circulating that referendum will ask about staying within the EMU
[14:11] {Threei} - Reminder: Earlier world press highlighted that the referendum would ask about both the Euro zone membership and the Euro aid deal
[14:13] {dino} take the $ and run
[14:45] {swill} back
[14:49] {dino} iart sm l .31
[14:50] {dino} 123.66 vwap
[15:13] {dino} iart stop -.12
[15:23] {dino} r2 124.33
[15:26] {Threei} hate this slow climb
[15:26] {Threei} can't find anything in it
[15:28] {dino} same
[15:34] {Threei} (GR) IMF"s Lagarde: Greece referendum is a 'hiccup'; Europe will deal with the crisis
[15:34] {Threei} hiccup eh
[15:35] {dino} seems to me whole deal is postponed
[15:36] {Threei} 17% Say U.S. Heading In Right Direction
[15:36] {Threei} I wonder if those 17% are those who would consider off a cliff to be the right direction
[15:54] {Threei} OK guys, nicely profitable albeit somewhat boring day
[15:54] {Threei} hope you don't mind proftable boredom
[15:55] {swill} thank you
[15:55] {dino} thx all
