(Participation in the room in real time requires membership)
Very low volume, very boring, very inactive and slightly negative day. Not much to add.
Session Time: Mon Nov 14 00:00:00 2011
[09:03] {swill} :)morning
[09:03] {Threei} morning swill
[09:09] {nemo} JETS JETS JETS....NOT!!!
[09:10] {dino} lol
[09:10] {dino} we'll just beat you in the playoffs again
[09:10] {nemo} sorry dino...if they couldn't beat that defense...Pats played 6 undrafted free agents
[09:11] {nemo} and we were without Haynesworth..wink wink
[09:13] {nemo} dino, you gotta' read this for the one-liners..http://bostonherald.com/sports/columnists/view.bg?articleid=1380774&position=0
[09:17] {ese} mornin
[09:18] {Threei} ese :)
[09:19] {ese} funny article nemo
[09:19] {nemo} yeah...and that guy hates the Pats coach
[09:24] {Threei} that Friday neadlines about congress insider trading made serious rounds over the weekend
[09:24] {Threei} headlines
[09:24] {nemo} yeah but nothing will happen
[09:24] {nemo} they get full pensions for one term
[09:24] {nemo} the best health plan in the world
[09:25] {nemo} and there is a law in Congress that they don't have to obey the laws they pass for the Plebes....Politburo
[09:25] {jakob} good morning
[09:26] {Threei} jakob :)
[09:28] {Threei} FCX
[09:28] {Threei} has a look of "short me"
[09:29] {Threei} if we get an entry, half lot, remember
[09:30] {Threei} RIMM too
[09:31] {Threei} Short Setup: RIMM .40 break
[09:31] {Threei} half lot
[09:31] {nemo} 74 pivot for iwm 125.98 s1 support for spy
[09:31] {Threei} if stays under .55
[09:31] {Threei} Short Setup: FCX .90 break
[09:31] {Threei} if stays under 40
[09:32] {Threei} 1:1
[09:33] {Threei} stop to .92
[09:33] {Threei} RIMM invalidated
[09:34] {Threei} FCX scalpers win
[09:35] {Threei} Short Setup: LVS .90 break half lot
[09:36] {Threei} if stays under 47
[09:36] {Threei} nope
[09:37] {RonS} gm...jks halt
[09:37] {Threei} yeah, news pending
[09:38] {thomcbell} lvs very strong
[09:39] {Threei} Long Setup: WFC .55 break
[09:40] {Threei} stop under .45, target .70
[09:43] {Threei} Long Setup: GS 100 break small shares
[09:43] {Threei} if stays above .85
[09:43] {Threei} invalidated
[09:43] {Threei} no go WFC
[09:46] {Threei} Short Setup: LVS 47 break
[09:46] {Threei} if stays under .10
[09:46] {Threei} still valid
[09:47] {Threei} target 1:4
[09:48] {Threei} invalidated
[09:48] {Threei} Long Setup: TZA .70 break
[09:49] {dino} chk sm l .00
[09:49] {Threei} stop under .60
[09:50] {Threei} 1:1
[09:52] {Threei} if partialing, play by the book
[09:52] {Threei} stop to under b/e
[09:54] {ese} L LNG .11
[09:54] {ese} whoa....out 1/2 .33 +.22
[09:54] {dino} gj
[09:54] {ese} stop to break even balance
[09:55] {ese} tks
[09:55] {ese} took off like hell on fire
[09:55] {Threei} it was waiting for you to board :)
[09:56] {ese} i'll say
[09:57] {ese} out balance .44
[09:57] {Threei} Short Setup: TIBX 30 break half lot
[09:57] {ese} +.33
[09:57] {ese} good enough
[09:59] {Threei} 1;1
[10:03] {dino} opnt sm l .50 thin
[10:04] {Threei} (US) US Supreme Court agrees to hear case concerning the heathcare reform law, ruling said to be likely by July - press
[10:04] {Threei} can you imagine more politically charged decision, especially considering timing
[10:05] {dino} right before election
[10:06] {thomcbell} no problems at all over at KLAC
[10:06] {Threei} Long Setup: QCOM .30 break
[10:07] {Threei} if stays above .20
[10:07] {Threei} aggressive entry for .40
[10:08] {Threei} want to partial 1/3
[10:08] {Threei} then trail
06[10:09] * Threei kicks QCOM in the rear
[10:09] {Threei} 1:1
[10:09] {Threei} 1/3 out, stop to .25
[10:10] {dino} gj
[10:10] {Threei} ty... not played out yet, but has potential
[10:10] {Threei} sector is strong
[10:11] {Threei} (EU) Germany Fin Min Schaeble: Reiterates that the ECB cannot finance euro zone member states, defense of the euro is a task for the EFSF
[10:12] {Threei} that same EFSF that had to buy its own bonds over the weekend?
[10:12] {Threei} good luck with that
[10:12] {Threei} stop to .29
[10:14] {RonS} qotd: ReformedBroker Buy Programs hitting the tape - not sure if they're coming from the House or the Senate, stay tuned
[10:14] {Threei} lol
[10:14] {Threei} Short Setup: MS .95 break
[10:16] {RonS} WLT - talks with Anglo American are intense: $120-share deal imminent - unconfirmed
[10:17] {Threei} lwet's kwep MS stop 16.01
[10:17] {Threei} let's keep
[10:17] {Threei} either it loses .90 and dies rapidly, or I don't want to hang around too long
[10:19] {dino} sm l wlt .40
[10:19] {dino} out .24, +.84\
[10:20] {dino} ty ron
[10:20] {Threei} nice
[10:20] {RonS} yw wtg
[10:22] {dino} wow still going
[10:24] {Threei} ok MS
[10:24] {Threei} it's time
[10:24] {Threei} good boy
[10:25] {Threei} stop to .97
[10:26] {dino} breaking above vwap
[10:26] {dino} s/p
[10:27] {RonS} atpg l .75
[10:30] {Threei} out QCOM balance
[10:30] {Threei} MS 1:1
[10:30] {Threei} half out
[10:32] {Threei} stop .96 balance
[10:38] {Threei} Short Setup: FCX .60 break
[10:38] {dino} opnt to .84
[10:38] {Threei} invalidated for now
[10:40] {dino} out opnt .85, +.35
[10:41] {Threei} FCX is valid again
[10:42] {dino} chk stop -.27
[10:43] {RonS} atpg stop -.10
[10:50] {dino} dds sm l .35
[10:52] {dino} chk l .75
[10:57] {Threei} directionless market
[11:01] {dino} dds to flat, no edge
[11:03] {patience} good morning
[11:03] {Threei} patience :)
[11:04] {dino} dds to .60
[11:06] {dino} out dds .65, +.30
[11:18] {ese} anyone on this board from Nashville?
[11:21] {dino} no
[11:29] {RonS} maybe, just maybe the public will start realizing how the Congress and the rest of the government for that matter screws them to enrich itself: http://tinyurl.com/c8mpsv2
[11:29] {nemo} nope
[11:34] {dino} opnt sm l .85
[11:35] {RonS} 3i, wlt setting up for another run?
[11:35] {Threei} feels this way
[11:35] {Threei} I just can't view this particular one as my play, risk control is beyond my tolerance
[11:35] {Threei} it's for you and dino
[11:37] {dino} not sure, got it once but....
[11:40] {ese} am outta here...cya tomorrow
[11:40] {Threei} take care ese
[11:40] {RonS} cya ese
[11:49] {Threei} Short Setup: LVS .45 break
[11:49] {Threei} if stays under .55
[11:51] {Threei} target 1:3
[11:51] {Threei} 1:1
[11:55] {dino} csh gap fill
[12:04] {Threei} scalping day so far...
[12:05] {Threei} scalpers won so many times today, I hate them twice as strong
[12:08] {dino} csh sm l .74
[12:18] {Threei} Long Setup: TZA .40 break
[12:19] {Threei} Election 2012: Obama 50%, Gingrich 38%
[12:19] {Threei} Short Setup: FCX .40
[12:21] {Threei} 1:1
[12:22] {Threei} TZA
[12:22] {Threei} FCX too but I mssed it
[12:25] {Threei} 1:1 FCX
[12:31] {nemo} http://www.freestockcharts.com?emailChartID=f85c5047-d781-464e-a104-c33ba1f4d6dc
[12:57] {Threei} (GR) Greece interim PM Papademos:Greece's future in the EMU is at risk; all 3 major parties must support EU aid deal
[12:58] {Threei} (IT) Italy Treasury Chief Grilli said to mull resigning from office
[12:59] {Threei} (GE) Germany Chancellor Merkel's CDU party said to have voted, at a party convention, to support allowing exits from the euro zone -financial press
[12:59] {Threei} - Votes, at party convention, to reject GDP-weighted voting at the ECB.
[13:04] {Threei} amazoing... nothing but scalps
[13:04] {dino} sm l ipgp ave .70
[13:05] {Threei} Generic Republican Leads Obama in Pennsylvania
[13:05] {Threei} guy is getting around
[13:05] {Threei} look how much better he is doing comparing to all actual candidates
[13:09] {Threei} (US) Fed research paper estimates US recession chances are increased to over 50% by early 2012 by the Europe debt crisis - financial press
[13:09] {Threei} - Notes the US economy cannot easily deal with the EU crisis
[13:36] {dino} spike
[13:41] {Threei} server hiccup?
[13:42] {cipher} .
[13:42] {dino} out opnt ave +.22
[13:42] {cipher} can't login through mirc
[13:44] {Threei} shouldn't matter
[13:48] {Threei} what the deuce
[13:55] {dino} idcc
[13:57] {cipher} took a quick scalp on it thx dino!
[13:57] {dino} gj
[13:57] {cipher} +60
[13:57] {Threei} wow... not too shhabby for a quick scalp
[13:58] {cipher} crazy moves
[13:58] {cipher} it was a short too
[13:58] {dino} thats what i'm thinking
[14:04] {dino} sm s .65
[14:07] {dino} cov .30, +.35
[14:07] {Threei} server is aslowly coming back
[14:07] {Threei} not sure what happened
[14:09] {RonS} ...it heard you were pursuing likes, and decided not to like you...
[14:10] {RonS} :)
[14:10] {Threei} could be
[14:11] {Threei} if I am that disliked by servers, you better don't sit next to me in restaurants
[14:11] {Threei} come on, that was witty
[14:11] {dino} actually it was
[14:12] {Threei} ty
[14:12] {Threei} cipher, did mirc work?
[14:13] {cipher} yes I'm back in through mirc
[14:13] {Threei} yeah, I guess what happened was: you sawitched from attemot on mirc to mibbit right when server came back online
[14:14] {Threei} so it looked like mirc didn't work while mibbit did
[14:14] {RonS} On track to be the slowest volume day of 2011. this includes good friday and the friday before memorial day
[14:14] {cipher} perfect timing :-)
[14:14] {Threei} hehe
[14:14] {Threei} yeah Ron, it feels like that too
[14:14] {Threei} market is like a jellyfish
[14:14] {RonS} from ryan baird...
[14:15] {dino} vrus spike
[14:30] {Threei} today really takes a cake as the most boring day of the year
[14:30] {swill} lol
[14:31] {Threei} and between stops and scalps, I am up, wait for it
[14:31] {Threei} wait for it
[14:31] {Threei} ready?
[14:31] {Threei} sitting down?
[14:31] {Threei} $1.32
[14:33] {swill} what are you going to do with it
[14:39] {Threei} still thinking
[14:59] {Threei} (EU) EFSF leverage plans said to be unlikely to reach expected 2011 milestones; now appears ESM will not be likely to be adopted before 2013 - financial press
[15:01] {RonS} ...guess w/ congress taking a hiatus from the market there is just no volume...
[15:01] {Threei} lol
[15:03] {Threei} looking for FAZ long
[15:04] {Threei} and TZA
[15:04] {Threei} FAZ between .50 and .60, TZA closer to .40
[15:04] {dino} lol
[15:11] {Threei} hmmm
[15:12] {Threei} they take so long to get there that I think they'll sink a bit lower vefore reversing
[15:26] {Threei} not rushing in
[15:27] {Threei} Long Setup: FAZ .50 break
[15:30] {Threei} no go
Session Close: Mon Nov 14 15:31:48 2011
Session Start: Mon Nov 14 15:32:01 2011
Session Ident: #discussions
03[15:32] * Now talking in #discussions
[15:32] {Threei} Long Setup: TZA .45 break
[15:32] {Threei} stop under .35
[15:32] {Threei} target 1:2
[15:33] {Threei} like pulling teeth
[15:35] {Threei} 1:1
[15:36] {Threei} out second half
[15:48] {Threei} probably not the lowest volume of the year day but farily close
[15:50] {Threei} I guess a lot of players are just plain confused
[15:51] {Threei} all the developmenst become way too chaotic
[15:51] {Threei} so many must be simply withdrawing to wait and see what transpires next
[15:52] {dino} ioc drop
[15:52] {Threei} such environment is usually characterized by slughtly negative, no harsh selloff, no real bounces
[15:53] {Threei} okay guys... Monday curse is back, lol
[15:53] {Threei} we will get them tomorrow
[15:53] {Threei} have a great evening, see you tomorrfow
[15:53] {swill} thank you
[15:55] {thomcbell} lvs strong all day - have to watch it in am for long entry
[15:55] {dino} sm l ioc .22
[15:56] {dino} out 45.50, +1.28
[15:56] {dino} whew
[15:57] {Threei} nice
[15:57] {Threei} wtg
