Tuesday, December 6, 2011

Dec 06 2011

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8 calls, 7 wins - let's get our profits in case world ends this Friday!


Session Time: Tue Dec 06 00:00:00 2011
[08:58] {nemo} any deer in here?
[08:58] {Threei}  ummm
[08:59] {Threei}  morning
[08:59] {nemo} is that a "yes" or a "no"?
[08:59] {Threei}  not saying until I know whether you are armed
[08:59] {nemo} always
[08:59] {Threei}  then no
[09:00] {nemo} are you prevaricating?
[09:02] {Threei}  not saying until I know whether you shoot those who do
[09:02] {nemo} depends on my mood
[09:02] {Threei}  then no
[09:08] {dino} gm
[09:08] {Threei}  dino :)
[09:09] {Threei}  if you have a deer with you, don't tell nemo... he is roaming cyberspace, hungry for a kill
[09:13] {Threei}  nemo
[09:13] {Threei}  will this do?
[09:13] {Threei}  Cougar sightings in #Sidney have RMCP & conservation officers on high alert.
[09:14] {Threei}  spotted near the park where I usually leave my car when go for a walk
[09:14] {dino} those older gals never give up
[09:14] {Threei}  hehe
[09:15] {Threei}  S&P warns it may downgrade AAA long-term credit rating of EFSF, European bailout fund
[09:15] {Threei}  amazing to me that EFSF even has a rating
[09:18] {ese} morning.......won't be staying too long...have to go see the doctor....some dufuss ran over me on mike bike last night at 6pm
[09:18] {Threei}  wow
[09:18] {ese} my bike
[09:18] {dino} ouch
[09:18] {Threei}  you OK?
[09:19] {ese} ya.......they went through a stop sign and I slide under them
[09:22] {Threei}  with this early darkness, bike becomes quite dangerous
[09:23] {nemo} yeah, I use nightvision to pick them off...quart size water bottle for a suppressor and subsonic ammo
[09:23] {ese} ya....and I was avoiding the busy streets too....thought it would be safer
[09:23] {ese} lol
[09:24] {Threei}  you may consider out cougars, nemo... they wear reflective clothes
[09:24] {Threei}  our
[09:24] {ese} definitely....makes the game more fair
[09:25] {nemo} yeah, still can't see the crosshairs when you're going for headshots
[09:25] {Threei}  laser beam?
[09:25] {ese} when we moved into this house vad 16 years ago......they caught one in Uplands Park just 2 blocks up from us
[09:25] {nemo} oh yeah, can follow that right back to ya
[09:26] {Threei}  they report one yesterday ese, Tulista park... right where I leave my car almost daily
[09:26] {ese} oh my goodness
[09:27] {dino} here kitty kitty
[09:27] {Threei}  so, S&P donwgrade failed to send market into panic
[09:27] {ese} rotflol
[09:27] {Threei}  barring new news, climb should be in cards
[09:27] {nemo} they just need to put out a carcass in a couple of spots and set up a couple of sniper blinds
[09:27] {Threei}  problem is, market is spooked easy
[09:28] {Threei}  and as we approach Friday, tensions will rise even more
[09:28] {dino} well ese was laying down
[09:28] {ese} nemo nemo nemo............always with the over kill.......
[09:28] {Threei}  lol dino
[09:28] {ese} lol
[09:28] {nemo} dead is dead...there is no overdead
[09:29] {Threei}  I'll watch for long setups for now
[09:31] {Threei} Long Setup:  SLW  .30 break
[09:31] {Threei}  if stays above .15
[09:32] {Threei}  1:1 but getting a fill was questionable
[09:33] {dino} missed
[09:33] {Threei} Long Setup:  FCX  40 break
[09:34] {Threei}  if stays above .85
[09:35] {Threei}  1:1
[09:35] {Threei}  this one was easy
[09:36] {Threei} Short Setup: SLW  .55 break
[09:36] {swill} seems to trade in bursts
[09:37] {Threei}  stop above .60
[09:37] {Threei}  let's keep it tight
[09:38] {Threei}  FCX out in full
[09:39] {Threei}  bid half SLW .46
[09:39] {Threei}  hit
[09:39] {Threei}  and try for second half around .35
[09:39] {Threei}  stop to .56
[09:41] {ese} and rightfully so!!!!!!!!!!!
[09:42] {Threei} Short Setup: HOG  .40 break half lot
[09:42] {Threei}  let's change to .45 brteak
[09:42] {Threei}  if stays under .55
[09:42] {Threei}  SLW second target hit
[09:42] {Threei}  out
[09:43] {dino} gj
[09:43] {Threei}  ty
[09:43] {Threei}  Belgium has a goverment as of this morning
[09:43] {Threei}  18 months they lived without one... what could possibly possess them to get one, I have no idea
[09:44] {Threei}  if they wanted it so badly, they could ask US
[09:45] {Threei}  HOG 1:1
[09:45] {Threei}  (FR) Fitch comments on France rating; AAA is appropriate even with Euro crisis- Notes, however, that its abilities to handle any additional shocks is now mostly exhausted
[09:47] {cipher} cat l .69
[09:47] {Threei}  1:2, out
[09:48] {RonS} got hog .43 to .21  thanks 3i
[09:48] {dino} sprd gap fill
[09:48] {cipher} ibm l .87
[09:49] {dino} sm l .20
[09:50] {Threei}  welcome ron
[09:50] {Threei}  covered SLW a bit too early
[09:51] {Threei}  recovery time it looks like
[09:51] {Threei} Long Setup:  SLW  .20 break
[09:51] {Threei}  if holding above .10
[09:51] {Threei}  actually...
[09:51] {Threei}  .15 break if holding .05
[09:52] {Threei}  let's make it a bit more aggressive
[09:52] {Threei}  and double-bottomish
[09:54] {Threei}  target 1:2
[09:55] {Threei}  1:1
[09:56] {dino} out slw .32, +.22 ty vad
[09:56] {RonS} got slw .12 to .28  thanks 3i
[09:56] {Threei}  :)
[09:56] {Threei}  1:2
[09:56] {cipher} .12 to .34 thx
[09:57] {Threei}  welcome guys
[09:57] {Threei}  you figured I was due, didn't you
[09:57] {Threei}  perfect record so far today... 5:5, with one all but impossible to execute
[09:58] {Threei}  let's continue in this rythm till first stop, then will take a pause and reevaluate
[10:00] {Threei}  (EU) EU"s Van Rompuy: Will call for EU members to move nearer to a real economic union and fiscal agreement- EU treaty adjustments will be moved towards the fast track to help avoid the need of parliamentary approval in all nations
[10:00] {Threei}  right, let's push it down their throat
[10:00] {cipher} out 1/2 ibm .47 +.58
[10:00] {Threei}  wtg
[10:00] {RonS} lol...gotta be a joke here...Polish finance minister says Poland wants to join Euro-zone when it is fixed.
[10:00] {Threei}  rofl
[10:01] {RonS} wtg cipher
[10:02] {cipher} out 1/2 cat .35 +.66
[10:02] {Threei}  very nice back to back hits
[10:03] {cipher} out rest slw .40
[10:03] {Threei}  watch LVS
[10:03] {Threei}  eithger C&H woth .25 break or pullback entry
[10:04] {Threei}  ideally, oullback to about 46 - 46.10
[10:04] {Threei}  but if holding above .15, then .25 break becomes long trigger
[10:04] {dino} gj cipher
[10:05] {Threei} Long Setup:  LVS  .25 break
[10:06] {Threei}  stop under .15
[10:06] {Threei}  target 1:2
[10:09] {Threei} Long Setup:  SLW  .25 break
[10:09] {Threei}  invalidated
[10:09] {Threei}  oh come on already LVS
[10:10] {Threei}  no go
[10:17] {Threei} Long Setup:  CAT  .30 break half lot
[10:19] {Threei}  invalidated
[10:21] {Threei}  Euro vs US Dollar Nomura analysts adjust forecast; see Euro at 1.20 by 1H12 vs 1.30 prior forecast
[10:21] {Threei}  well... depending on how this week goes, it can be zero just as well, lol
[10:22] {Threei}  kidding... tey of course will drag this out as long as possible, until this tired horse drops dead of old age
[10:22] {cipher} l cat .17
[10:24] {Threei}  beautiful
[10:24] {cipher} out 1/2 .+.22
[10:24] {Threei}  sudden market spike helped
[10:25] {Threei}  no news that I see
[10:25] {cipher} i'll take it :)
[10:25] {Threei}  no doubt, lol
[10:25] {cipher} I have a long bias today
[10:25] {cipher} helps to go with a trend
[10:28] {cipher} out another partial cat .54 +37
06[10:29] * Threei slaps cipher around a bit with a large roll of cash
[10:31] {Threei}  market goes into slow climb mode
[10:33] {cipher} out rest ibm .74 +.87
[10:34] {cipher} cat stopped rest +.27
[10:37] {dino} wtg
[10:37] {Threei} Long Setup:  PRU  .65 break
[10:38] {Threei}  if stays above .55
[10:38] {Threei}  invalidated
[10:39] {Threei}  let's reinstate it with .60 break trigger
[10:40] {Threei}  if SPY breaks 126.50 it shoudl work
[10:40] {Threei}  if not it will invalidate again
[10:41] {Threei}  SPY weakens
[10:41] {Threei}  sure enough PRU invalidates
[10:54] {dino} news sprd? -5 since yesterday open
[10:54] {Threei}  nothing fresh
[10:54] {dino} i can't find anything either
[10:56] {RonS} true greek hero:  http://tinyurl.com/87bfufq
[11:07] {Threei} Short Setup: CAT  .40 break half lot if stays under .50
[11:08] {Threei}  target 1:2
[11:08] {Threei}  1:1
[11:09] {dino} sprd sm l .35
[11:13] {Threei}  scalpers win this one
[11:15] {Threei}  Geithner speaks on EU
[11:15] {Threei}  he is ecnouraged in case you wondered
[11:26] {Threei}  volume slowed down greatly
[11:30] {swill} laser is showing emerg system maintence at merril.  does this mater?
[11:31] {Threei}  nah, just don't route through MLCO
[11:32] {swill} thnx
[11:34] {ese} Ok .....am outta here to visit the police to report my accident......cya tomorrow hopefully
[11:35] {Threei}  take care ese
[11:35] {ese} cya vad
[11:36] {Threei}  (RU) Russia Foreign Min: US comments related to past election are an 'unfriendly attack' and are unacceptable
[11:38] {Threei} Short Setup: X  .70 break
[11:38] {Threei}  if stays under .80
[11:40] {RonS} unreal...cannot short X...shows 25% float short
[11:45] {dino}  sprd stop
[12:22] {dino} sprd rinsed
[12:23] {Threei}  (GR) Greece Opposition leader Samaras: ECB should become lender of last resort; secondary bond purchases are not enough
[12:24] {Threei}  read this and tell me,
[12:24] {Threei}  do they sound like guys are the verge of resolving the situation:
[12:24] {Threei}  (EU) Euro zone officials said to be discussing increase size of bailout funds; may involve funds from EU Govts going to the IMF - financial press
[12:24] {Threei}  - Considering having EU governments provide as much as �200B in additional funds to the IMF.
[12:24] {Threei}  - Discussion for increasing size of the bailout fund capacity are part of negotiations ahead of the EU summit on Friday, Dec 9.
[12:25] {RonS} EIA: US To Be Net Oil Products Exporter In 2011, First Time Since 1949
[12:25] {Threei}  how did that happen?
[12:25] {RonS} ...in the face of O...
[12:25] {RonS} fracking
[12:26] {Threei}  SINA
[12:26] {Threei}  SINA Ticks lower on circulation of press reports discussing the efforts in some Asian countries to impose more control over 'offensive' content on the internet (related BIDU DANG FXI NTES RENN SOHU )
[12:35] {Threei}  DNDN halt
[12:36] {Threei}  (CA) Fitch comments on Canada sovereign rating and interest rate decision
[12:36] {Threei}  - Fitch: Canadian government's demonstrated ability to put forth a credible long-term fiscal consolidation plan provides critical support for the country's 'AAA' rating. The government's commitment to eliminate the federal budget deficit by the middle of this decade even in the context of weaker growth puts Canada ahead of other peers rated 'AAA.'
[12:36] {Threei}  - Today's decision by the Bank of Canada to leave interest rates unchanged preserves limited monetary policy headroom as the Canadian labor market shows increasing signs of weakness and the risk of external economic shocks emanating from the euro zone persists.
[13:14] {Threei}  DNDN opened
[13:14] {Threei}  toughie
[13:26] {Threei}  so nice and easy morning, and then totally dead
[13:35] {Threei}  wow... scanner doesn't move, news don't scroll
[13:35] {patience} my slw has slowly crept up today
[13:36] {patience} held tza overnight, sold this morning at 27.47
[13:36] {Threei}  but hey, crowd of protesters at US consulate in Toronto, speaking against something happening in Kongo
[13:36] {Threei}  does it make sense to you?
[13:38] {Threei}  General Motors Corp US Transportation Sec Lahood: Chevy volt is a safe car to drive- Note: Comments come after recent reports of fires taking place in the car following crash tests. - Reminder: On 12/1 the GM CEO: May need to redesign Volt battery to address fire issues. On 11/28, commented that the engineering team was to work with the NHTSA on any necessary changes needed to the Volt battery.
[13:39] {Threei}  if it's safe to drivem why the need to redesign the battery?
[13:39] {Threei}  crash dummies refuse to get in the car?
[13:40] {Threei} Long Setup:  TZA  27 break
[13:40] {Threei}  if stays above .90
[13:43] {Threei}  target 1:3
[13:43] {Threei}  normal partials at each level
[13:53] {Threei}  speech on economy is coming btw
[13:53] {Threei}  don't ask by whome
[13:53] {Threei}  -e
[13:53] {RonS} hmmmm:  http://tinyurl.com/c5b5dp9
[13:55] {Threei}  if they offered it with no purchase necessary, I'd get rich iver this holidat season
[13:55] {Threei}  the number of stores I'd leave empty-handed, oy
[13:56] {Threei}  in fact I'd take position at the door and step in and out with abut 1 step a second frequence
[13:56] {Threei}  60 steps a min $5 each, do the math
[14:01] {Threei}  1:1
[14:01] {Threei}  half out
[14:01] {Threei}  stop to .97
[14:04] {Threei}  incredible, 20 min for TZA to go 10 cents
[14:13] {Threei}  time for another leg down, SPY
[14:13] {Threei}  hmmm... I didn't sound too convicning, did I
[14:15] {Threei}  don't see news yet
[14:16] {Threei}  ok... scalpers win
[14:16] {Threei}  so, pres says the principle of rugged individualism has never worked
[14:17] {Threei}  as dar as I can tell, it only worked for a few hundred years until it was replaced with corporate socialism
[14:20] {RonS} NFLX getting hit on this now RT @bricktop13 $VZ planning streaming video service to rival $NFLX & cable
[14:34] {Threei}  (FR) France PM Fillon: France will do whatever is necessary to maintain its AAA rating
[14:34] {Threei}  well, curiously enough, if it does, it will hurt EU
[14:38] {dino} .
[14:38] {Threei}  again, no news for this spike
[14:38] {dino} sprd sm l .30 last try
[14:41] {RonS} omg...lol...read it to the end:  http://tinyurl.com/79al49k
[14:44] {Threei}  always hated that guy
[14:53] {Threei}  Ben denies secret loans
[14:53] {Threei}  http://www.federalreserve.gov/generalinfo/foia/emergency-lending-financial-crisis-20111206.pdf
[14:53] {RonS} FT is reporting that the EU is considering a second fund to combat the sovereign debt crisis. Essentially another fund in addition to EFSF.
[14:54] {Threei}  yes
[14:54] {dino} a fund of funds, lol
[14:54] {Threei}  ESM
[14:54] {Threei}  it's not new
[14:54] {Threei}  EFSF was supposed to wind down and be replaced by ESM
[14:54] {Threei}  now they say let's run both side by side
[14:54] {Threei}  as if amount of money available increases, lol
[14:59] {Threei}  OK
[14:59] {Threei}  ben says no 7.7T
[14:59] {Threei}  no 13B
[14:59] {Threei}  no nothing
[15:02] {patience} 4 members of fed get replaced in jan.... 3 hawks, 1 dove leaving, being replaced by 4 doves.  qe3 early in the year maybe?
[15:03] {Threei}  unless streets turn into battlefield
[15:03] {patience} fooey, should have held my quadra mining, it is up 40percent today
[15:14] {Threei}  market is obviously pricing in "resolution Friday"
[15:15] {dino} buy the rumor...
[15:26] {Threei}  Generic Republican 49%, Obama 41%
[15:26] {dino} gotta hop
[15:26] {dino} out sprd .70, +.40
[15:29] {Threei}  nice hop
[15:40] {Threei}  6 out of 7 today, nothing to complain about... why do I feel like I wasited the day, lol
[15:40] {Threei}  it's this long period of no trades that creates such feeling
[15:43] {patience} it feels like being in the exam hall with 1000 people, waiting for the exam to be passed out..everybody waiting
[15:46] {Threei} Long Setup:  TZA  .80 break
[15:46] {Threei}  last trade
[15:46] {Threei}  changing to .75
[15:47] {Threei}  stop under .70
[15:47] {Threei}  no need for much room
[15:47] {Threei}  works fast or we don't want it kind of things
[15:49] {Threei}  half out .82
[15:49] {Threei}  stop to .74
[15:50] {Threei}  Newt Gingrich, at 31%, holds lead in Iowa over Mitt Romney (17%) and Ron Paul (16%) in new CBS/NYT poll
[15:50] {Threei}  out second half .88
[15:51] {Threei}  nice end to the day
[15:51] {Threei}  wanted this last scalp to make second half worthwile
[15:51] {Threei}  thank you, have a good evening
[15:51] {Threei}  see you tomorrow
[15:54] {patience} ty vad