Thursday, December 15, 2011

Dec 15 2011

New course is available now:

So, after my harping about beauty of downtrending market you'd expect me to post a loss today, right? Wrong: 7 wins out of 7 calls!

Session Time: Thu Dec 15 00:00:01 2011
[09:04] {Threei}  do I have to wake up?
[09:04] {cc_8} usually a good idea
[09:05] {Threei}  hmmm... I always thought it was just a theory
[09:05] {Threei}  gap up day... hate those
[09:05] {swill} how about auto pilot
[09:06] {Threei}  I tried it... it demanded coffee, whiskey and ciogarette... had to turn it off
[09:07] {swill} perhaps just one of those
[09:08] {swill} have black tea this morning
[09:08] {swill} having
[09:09] {dino} gm
[09:09] {Threei}  dino :)
[09:13] {swill} i've picked up some good tips from the coarse
[09:14] {Threei}  cool beans
[09:14] {Threei}  on't tell me you have finished it already, lol
[09:15] {JK13} good morning everyone
[09:15] {swill} i'm not that fast.  i like to ponder as i go
[09:15] {Threei}  jk :)
[09:17] {RonS} howdy pardners...
[09:18] {swill} howdy
[09:18] {Threei}  Ron :)
[09:20] {RonS} lol...has anyone even heard of michael kors?
[09:20] {jakob} good morning
[09:21] {Threei}  jakob :)
[09:21] {Threei}  no ron... should we?
[09:21] {thomcbell} Vad watches Project Runway
[09:21] {RonS} lol
[09:21] {Threei}  hmmm... what's that? :)
[09:21] {Threei}  you guys are full of fresh information this morning
[09:21] {RonS} heard he was on it
[09:22] {RonS} 6 inch heels and all...
[09:22] {Threei}  ok... if you don't stop right away, I am telling nemo
[09:22] {Threei}  and if THAT doesn't scare you, I dunno
[09:22] {RonS} hehe
[09:22] {Threei}  so, who is that kors and what is that project?
[09:23] {dino} ipo
[09:23] {RonS} tv designer w/ ipo hitting today $1 bil cap
[09:23] {RonS} more proof i am old...
[09:23] {thomcbell} he is a designer that is very good at trading 9:33 range reversals
[09:23] {Threei}  hmmm... as if misery of social media ipos wasn't enough
[09:23] {Threei}  lol thomc
[09:24] {RonS} some say strength in markets is to get the social media ipo's out and once facebook hits it is all over...
[09:25] {Threei}  what strength
[09:25] {Threei}  what do those "some" see it
[09:25] {Threei}  what = where
[09:26] {RonS} saying w/o it we would be 1050...
[09:27] {RonS} lol...Putin Calls Mccain "Nuts"
[09:30] {Threei} Short Setup: FCX  ,20 break half lot
[09:31] {Threei}  well, 1:1 but I doubt you had a chance to execute it
[09:31] {cipher} yes
[09:31] {Threei}  in case miracle happened 1:2, feel free to get out
[09:31] {Threei}  yes as in no, or yes, miracle happened?
[09:31] {cipher} +.20 thx
[09:31] {JK13} too fast
[09:31] {Threei}  qwtg
[09:31] {Threei}  probably got it aggressively
[09:32] {Threei}  fess up
[09:32] {cipher} nope waited till .20
[09:32] {Threei}  cool
[09:32] {cipher} wasn't that bad
[09:32] {Threei} Short Setup: SLW  .45 break
[09:32] {Threei}  if stays under .55
[09:33] {nemo} .24 is pivot
[09:33] {Threei}  morning nemo
[09:34] {nemo} enough with the pleasantries
[09:34] {Threei}  yes
06[09:34] * Threei slaps nemo around a bit with a large bottle of whisky
[09:34] {nemo} yeah, was just thinking, this waking up sober is not what it's cracked up to be
[09:35] {Threei} Short Setup: FCX  38 break
[09:35] {Threei}  SLW over 1:1
[09:35] {Threei}  FCX, if stays under .10
[09:35] {Threei}  SLW 1:2, out
[09:37] {Threei}  did FCX trigger? I haven't seen bid dropping under 38
[09:37] {Threei}  chart shows prints under it, may have happened while I was covering SLW
[09:37] {dino} no
[09:37] {Threei}  ok, thought so, out of market print
[09:37] {Threei}  one of the reasons I hate automated orders
[09:38] {Threei}  they can be fooled by these things
[09:38] {Threei}  valid
[09:39] {Threei}  couple lousy prints at .11 don't invalidate it
[09:39] {Threei}  1;1
[09:39] {Threei}  1:2
[09:39] {Threei}  going to 1:3 with this one
[09:40] {Threei}  usual partials
[09:40] {Threei}  stop is 38.01 for now
[09:40] {dino} cov fcx .81, +.17 ty vad
[09:40] {Threei}  welcome
[09:40] {cipher} out fcx thx
[09:40] {Threei}  :)
[09:40] {thomcbell} MOLTO BENE
[09:40] {nemo} Here's what I'm looking at:
[09:40] {Threei}  good job guys
[09:40] {thomcbell} ups catuchup play
[09:40] {nemo} oh no, another guinea
[09:40] {thomcbell} nice bar there on 10 min
[09:41] {thomcbell} buy 71.85 pullback
[09:43] {JK13} .
[09:44] {Threei} Long Setup:  LVS  .70 break half lot
[09:44] {Threei}  if stays above .60
[09:45] {Threei}  fast...
[09:45] {Threei}  1;1
[09:45] {cipher} got it
[09:45] {cipher} +.22
[09:45] {nemo} pivot .90
[09:45] {Threei}  wtg
[09:45] {Threei}  hit 1:2
[09:46] {Threei}  don't stick around too long
[09:46] {cipher} .92 high
[09:50] {Threei}  closed FCX at 1:3
[09:50] {cipher} wtg
[09:50] {Threei}  ty
[09:50] {Threei}  4/4
[09:52] {Threei}  trying to discern next market move
[09:52] {Threei}  not clear yet
[09:52] {Threei}  can go either way easily
[09:52] {cipher} my guess is up
[09:52] {Threei}  if so, then LVS again
[09:53] {Threei}  but I am not very confident
[09:53] {thomcbell} phil fed at 10
[09:54] {thomcbell} if it confirms jobless claim and empire strength could have a decent up move
[09:54] {thomcbell} fed ex strong as 10 men
[09:58] {dino} sprd sm l .54
[10:00] {Threei}  (US) DEC PHILADELPHIA FED: 10.3 V 5.0E
[10:00] {Threei}  wow
[10:01] {Threei}  and smakcdown
[10:03] {dino} careful 07red
[10:03] {Threei} Short Setup: SLW  .90 break
[10:04] {Threei}  if stays under 29
[10:05] {Threei}  1:1
[10:05] {Threei}  5/5... on gap up day... did I break the curse?
[10:06] {thomcbell} good reports terible action
[10:07] {thomcbell} =lcs fcx slw aapl qcom straight down from 9:30
[10:07] {Threei}  this is very bearish action
[10:07] {nemo} ya think
[10:07] {Threei}  selling on good numbers I meaan
[10:07] {Threei}  I don't, not really
[10:08] {Threei}  and you nemo, you should know better
[10:08] {Threei}  thinking is mortal sin
[10:08] {JK13} Tks Vad SLW +.12
[10:08] {Threei}  welcome
[10:08] {nemo} yeah, and you keep veering to the sin side
[10:08] {Threei}  I do?
[10:08] {nemo} unfortunately
[10:08] {Threei}  that's bad... what am I going to tell santa...
[10:09] {nemo} lie
[10:09] {Threei}  oh... really
[10:09] {Threei}  thanks
[10:09] {nemo} np
[10:09] {nemo} he's a pedophile anyway
[10:09] {Threei}  janitor
[10:09] {nemo} likes the reindeer too
[10:10] {nemo} what, you think children are following a frickin' daytrading blog?
[10:10] {nemo} watch .25 level IWM
[10:10] {Threei}  SLW is ready for the next leg if loses .80
[10:11] {Threei}  here we go
[10:11] {thomcbell} qcom short bounce up near 53 VAD
[10:11] {thomcbell} ?
[10:11] {Threei}  depends on how it gets there
[10:11] {thomcbell} klac also on short radar here
[10:11] {Threei}  can't tell in advance
[10:12] {Threei}  if anyone partials SLW, stop .91
[10:13] {Threei}  QCOM, rather let it go over 53, then seek to short recross back down if stays under 53.10
[10:13] {Threei}  this kind of behavior is more consistent with its habits
[10:13] {thomcbell} ok like it - fcx holding pivot for now
[10:14] {Threei}  and yes, you read it right: I typed 4 lines with no single mistype
[10:14] {Threei}  won't happen too often so markt this occassion in your calendar
[10:14] {nemo} grammar sucks though
[10:14] {Threei}  what's grammar?
[10:14] {nemo} u know   grammar and grandpa
[10:15] {Threei}  ah
[10:15] {nemo} I'm not sure i like sober
[10:16] {dino} vmw drop
[10:17] {dino} sm l .84
[10:19] {nemo} don't like that daily on vmw
[10:20] {dino} 85.65 target s1
[10:21] {nemo} vwap at 86.70 and falling
[10:21] {dino} watching it
[10:21] {cipher} +.34 vmw thx
[10:21] {dino} gj
[10:21] {Threei}  nice
[10:21] {Threei}  you guys are scary... feed you a stock symbol, you turn it into money
[10:22] {Threei}  btw, I removed a coupon number for the course discount from the log... if anyone haven't copied it, ask to repost
[10:23] {nemo} How come my coupon increases the cost?
[10:23] {cipher} can you repost?
[10:23] {thomcbell} hd on radar for a short - needs to consolidate near lows
[10:23] {Threei}  (edited out)
[10:24] {Threei}  try not to enter it twice nemo... it programmed to double instead of trimming another 50%
[10:24] {dino} out vmw .32, +.48
[10:24] {cipher} thx
[10:24] {Threei}  sure thing
[10:24] {cipher} wtg dino
[10:24] {Threei}  nice one dino
[10:24] {dino} ty
[10:26] {Threei}  that one above was for room members
[10:26] {Threei}  BVO members have different number
[10:26] {Threei}   (edited out)
[10:28] {Threei}  QCOM, plan worked like charm
[10:28] {Threei}  went over 53, stayed under .10, hit 1;1
[10:28] {Threei}  anyone took it?
[10:31] {Threei}  what, you all took a silence oath?
[10:32] {swill} i miss it
[10:32] {swill} missed
[10:33] {JK13} I missed as well
[10:33] {cipher} same here
[10:33] {swill} am i in trouble?
[10:33] {cipher} didn't see nice colors on qcom
[10:33] {Threei}  oh well... I won't include it in today's stats then
[10:34] {Threei}  no, wasn't as much official call as answering the question :)
[10:34] {cipher} you owe us another winner then :)
[10:34] {Threei}  oops
[10:34] {Threei}  lol
[10:38] {Threei}  hmm
[10:38] {Threei}  sharp red bar, no news
[10:39] {Threei}  wow QCOM... big drop
[10:39] {Threei}  nice spot tbell
[10:42] {nemo} we're just above iwm and spy pivots
[10:42] {thomcbell} those seem to be working since mondayh
[10:42] {thomcbell} without firehose
[10:43] {nemo} ?
[10:43] {thomcbell} liquidity firehose -
[10:43] {thomcbell} i was referring to the qcom
[10:44] {nemo} at pivots
[10:44] {nemo} getting divergences
[10:45] {nemo} look for potential bounce to vwap
[10:45] {nemo} this is weekly s1 support on spy
[10:47] {cipher} tna l .92
[10:50] {cipher} out .18 +.26
[10:55] {dino} gj
[10:57] {nemo} see we got the bounce after my computer freeze..vwap might still be target for IWM, SPY a bit far awway
[11:00] {dino} zoll
[11:01] {dino} sm s .70
[11:02] {dino} cov -.30
[11:04] {dino} sm s .33
[11:05] {RonS} pulp plus...
[11:06] {dino} cov .00, +1.30
[11:06] {Threei}  wtg
[11:06] {RonS} gj...diaper change time?
[11:06] {dino} ty
[11:07] {dino} bit of pulp
[11:07] {RonS} w/ spreads hitting .30-.50 ya think
[11:08] {dino} sm s .75
[11:09] {dino} cov .20, +.55
[11:10] {thomcbell} slw about to have its moment of truth
[11:10] {Threei}  I am l,ooking at it for the last 10 min, trying to get an idea
[11:11] {Threei}  and each time I decide I do, it does opposite
[11:12] {dino} zoll sm s .10
[11:13] {dino} cov .33 -.23
[11:15] {dino} itmn drop
[11:16] {Threei}  ok
[11:16] {Threei} Short Setup: SLW  .60 break
[11:16] {RonS} $ITMN -- report that a German science board that contracts w/ gov't raises doubt about pirfenidone benefit
[11:16] {dino} ty
[11:17] {Threei}  invalidated
[11:18] {dino} .01 trig imo
[11:20] {dino} out itmn .43, +.42
[11:21] {cipher} nice
[11:21] {dino} too soon
[11:21] {cipher} I chickened out fo a few pennies
[11:21] {Threei}  SLW is valid again
[11:21] {RonS} itmn got in .11 want .80
[11:23] {dino} zoll sm s .00
[11:24] {dino} gj itmn ron
[11:25] {RonS} out .57 chickened out +.46
[11:26] {Threei}  1:1
[11:26] {Threei}  cipher... that counts as another win I owed, right?
[11:26] {cipher} deal
[11:27] {Threei}  cool
[11:27] {Threei}  6/6
[11:27] {cipher} to bad i missed it :(
[11:27] {Threei}  and if anyone paid any attention to me, it would be 7
[11:27] {cipher} was pre occupied with itmn
[11:27] {Threei}  well... this time nice colors were there
[11:27] {Threei}  and triggered slowly
[11:27] {RonS} nuts itmn
[11:29] {dino} yeah
[11:29] {Threei}  that's what putin said of mccain, ron
[11:29] {RonS} if i was not ctying i would be laughing...
[11:29] {Threei}  hehe
[11:30] {Threei}  finally I made a joke that made ron laugh
[11:30] {RonS} happens regularly actually
[11:31] {RonS} ...every time you insult nemo...
[11:31] {Threei}  ok... finally I made a joke that made ron admit he laughed
[11:31] {Threei}  oh btw!
[11:31] {Threei}  nemo
[11:31] {Threei}  guess what book I bought,
[11:31] {Threei}  and intend to present to you once I see you
[11:31] {dino} rememberthe 3 d's ron
[11:31] {RonS} ?
[11:32] {dino} deny deny deny laughing at vads jokes
[11:32] {RonS} rotflol
[11:32] {Threei}  too late, I know now he is closet fan
[11:32] {Threei}  come on nemo, wake up
[11:33] {Threei}  ok, he will read it when he sobers up... or drinks more
[11:33] {Threei}  Giant Book of Insults
[11:33] {Threei}  saw it and immediately thought it was the best present
[11:34] {Threei}  read a few pages, and it didn't disappoint
[11:36] {RonS} just looked zoll needs their product!!!
[11:37] {dino} surprised 60 holds
[11:38] {dino} cov -.30
[11:38] {dino} taking break
[11:39] {RonS} so, if you wear one of these things is it required you paste sign on forehead:  heart attack waiting to happen?
[11:40] {RonS} ...or:  warning...i have some shocking news in my pocket?
[11:40] {Threei}  lol
[11:48] {RonS} fcx l .40 break?
[11:48] {Threei}  chart is right
[11:48] {Threei}  SPY look is not very favorable
[11:51] {Threei}  yeah, ruined
[11:55] {RonS} qotd:  Has anyone ever performed knee surgery using only $WBMD and a scalpel? Asking for a friend.
[11:56] {Threei}  rofl
[12:01] {RonS} rimm options suggest a 20% move on earnings this pm
[12:01] {RonS} $2.60
[12:02] {RonS} sheesh...error...$1.77
[12:08] {JK13} wow LVS
[12:15] {Threei}  we have quadrule witching tomorrow?
[12:15] {Threei}  or someone mixed up dates?
[12:16] {RonS} heard triple but triple or quad what is difference besides 1?
[12:16] {Threei}  really
[12:16] {Threei}  just sounds scarier
[12:40] {RonS} classic:  I'm cheating on the Euro Crisis with the younger, hotter China Crisis.
[12:40] {Threei}  rofl
[12:40] {Threei}  this is really good one
[12:42] {Threei}  *(GR) Troika inspectors to return to Greece for more consultations the week of Jan 15-20
[12:44] {Threei}  (US) S&P issues outlook on US banking sector; outlook is dim
[12:49] {RonS} lol...But with the new China crash it's hot and heavy. Sometimes we don't even leave the house days...Europe be leaving messages and sh*t
[13:02] {Threei}  (EU) EMU members now said to be looking to scale back some prior ambitions regarding fiscal union - FT
[13:02] {Threei}  - Members now seeking to narrow scope of agreement to help passage through Parliaments; agreement would now only call for two provisions: A Debt Brake and making sanctions more automatic
[13:02] {Threei}  - Bilateral agreements could go further
[13:02] {Threei}  - Formal negotiations regarding the treaty will begin next week with final text by end of January; estimated signing in March
[13:02] {Threei}  lol
[13:02] {Threei}  those ambitions were said to be not enough to save things
[13:02] {Threei}  now they scale them back
[13:04] {nemo} well that was fun...
[13:05] {dino} had a dream last night that germany dropped out of euro and went back to the dm
[13:05] {Threei}  many call it a nightmare
[13:05] {RonS} kinky
[13:05] {nemo} did Merkel grow a little moustache and part her hair on the right side too
[13:05] {Threei}  lol
[13:20] {dino} athn
[13:22] {dino} sm l .85
[13:22] {RonS} $ATHN Sees Gross Margin Down Next Year vs This Year; Spiking Lower on Heavy Volume
[13:23] {dino} thx
[13:24] {dino} out .62 -.23
[13:27] {dino} sm l .83
[13:29] {dino} out .52, +.69
[13:29] {cipher} wtg
[13:30] {dino} ty
[13:31] {cipher} athn s .73
[13:31] {cipher} covered .40 +.33
[13:31] {RonS} ltm sm s .28
[13:33] {dino} gj
[13:33] {cipher} thx
[13:34] {RonS} cvx prosecutors want permanent ban in brazil
[13:37] {cipher} ATHN L .23
[13:39] {cipher} stopped .-35
[13:39] {dino} going for 50 strike?
[13:39] {dino} bam!
[13:39] {dino} too fast for entry
[13:39] {nemo} athn just bounced off 200 sma
[13:42] {dino} smr l .56
[13:43] {dino} out .06, +.50
[13:43] {dino} wow way soon
[13:44] {cipher} +.50
[13:44] {cipher} wow
[13:44] {dino} gj
[13:44] {Threei}  gj guys
[13:44] {cipher} scary
[13:44] {dino} went to 300
[13:44] {dino} shares
[13:45] {cipher} got 150
[13:45] {Threei}  if I understand right, market spike is caused by this BSD:
[13:45] {Threei}  (EU) Ireland Fin Min Noonan: Expects the EU to confirm �200B for IMF funds soon
[13:45] {dino} first two times were 400, but after that death drop
[13:45] {Threei}  I'd expect it to be sold
[13:51] {cipher} in 47.81
[13:52] {cipher} out +.19
[13:52] {cipher} no guts to hold
[13:52] {dino} want 46.76
[13:52] {dino} cojones
[13:52] {cipher} coming soon
[13:53] {dino} hmmm, sometimes i expect too much
[13:54] {dino} db?
[13:54] {dino} nope
[13:56] {dino} in smr
[13:56] {dino} .76
[13:58] {dino} out .31, +.55
[13:59] {cipher} gj
[13:59] {dino} ty
[13:59] {dino} wicked
[14:00] {RonS} strange vix spike down
[14:00] {dino} 43.25 next supp
[14:01] {RonS} hmmm...wil athn get a halt?
[14:03] {Threei}  my newsfeed is down
[14:05] {dino} athn w3hy even announce anything
[14:07] {dino} damn was waiting .26
[14:10] {dino} .25 l
[14:11] {dino} stop -.30
[14:12] {dino} smr l .00
[14:13] {dino} out .42
[14:15] {dino} smr l .50
[14:15] {dino} stop -.30
[14:15] {Threei}  news is back
[14:15] {Threei}  anyone need an ything?
[14:16] {swill} good news its back
[14:16] {Threei}  no, I never said GOOD news is back... just news :)
[14:17] {swill} lol
[14:17] {Threei}  at this rate ATHN will hit zero before this day is over
[14:17] {Threei}  nemo... you here?
[14:18] {dino} smr l .53
[14:18] {dino} out .70, +1.17
[14:19] {dino} and on that note, calling it a day.
[14:19] {dino} thx all, errands to run
[14:19] {nemo} no, why
[14:19] {Threei}  not a bad day I'd say
[14:19] {dino} ;)
[14:19] {Threei}  and not a bad note to call a day on
[14:20] {Threei}  nemo... have you seen my post about the book I bought for you?
[14:20] {nemo} no
[14:20] {Threei}  [11:31] {Threei} nemo
[14:20] {Threei}  [11:31] {Threei} guess what book I bought,
[14:20] {Threei}  [11:31] {Threei} and intend to present to you once I see you
[14:21] {Threei}  11:33] {Threei} Giant Book of Insults
[14:21] {Threei}  [11:33] {Threei} saw it and immediately thought it was the best present
[14:21] {Threei}  [11:34] {Threei} read a few pages, and it didn't disappoint
[14:21] {nemo} I was a contributing author
[14:21] {Threei}  ah,. OK... I'll keep it then
[14:22] {JK13} Vad, do you think lvs has created C& H in 1 min chart
[14:23] {Threei}  with cup starting at the open?
[14:23] {Threei}  handle is way too long for that...
[14:23] {JK13} yes
[14:23] {JK13} thx
[14:24] {Threei}  when you get to that course, you'll see what lenght handle should be about... :)
[14:24] {nemo} hard to say here it's just above pivot and testing swing high
[14:25] {JK13} thx nemo
[14:26] {Threei}  I'd rather look to fade it
[14:26] {Threei}  especially if SPY drops
[14:27] {Threei}  as in:
[14:27] {Threei} Short Setup: LVS  41 break
[14:27] {Threei}  if stays under .10
[14:28] {nemo} pivot at .90
[14:29] {Threei}  1:1
[14:29] {Threei}  7/7
[14:29] {Threei}  will you EVER let me go home??
[14:29] {nemo} o.k. we fade Harry Potter's calls
[14:30] {JK13} not yet, thx +14
[14:30] {Threei}  :)
[14:30] {Threei}  btw, course has a few examples of fading C&H
[14:30] {RonS} diapers pls...athn 42.60 ave to 44.80 +2.20
[14:30] {RonS} and pass the zoll
[14:30] {Threei}  didn't realize we did it quite a few times
[14:30] {JK13} gj Ron
[14:30] {Threei}  lol ron
[14:38] {RonS} lol...RIMM reports tonight. If it drops any lower it will no longer be in Canada
[14:38] {Threei}  lol
[14:38] {Threei}  and since AAPL will never let it land in US, it goes right throgh, to Mexico
[14:44] {RonS} out ltm .35 -.07
[14:48] {Threei}  LVS 1:2
[14:51] {RonS} arghhh...athn went another 2.00
[14:52] {Threei}  lol... come on, no diapers in the world could keep you in it for this long
[14:53] {RonS} so true
[15:16] {Threei}  ugh... dino left without getting this nugget of wisdom form high above with exceptional value added:
[15:16] {Threei}  (US) Fed's Lockhart: Unsustainable deficits for US will be painful
[15:16] {Threei}  duh!
[15:17] {Threei}  (FR) France PM Fillon: France is determined to reduce deficit and boost GDP; will never give up the euro
[15:17] {Threei}  ummm
[15:18] {Threei}  Euro vs US Dollar FX Concept's John Taylor: Parity in EUR/USD is a possibility, expects EUR to continue to fall
[15:19] {JK13} Would be easy to travel to europe if that is the case
[15:19] {Threei}  yeah...
[15:19] {Threei}  don't use color please
[15:21] {Threei}  it's associated with calls... you may make someone impulsively short something
[15:21] {JK13} ok
[15:22] {RonS} thanks 3i almost shorted travel to europe...
[15:22] {Threei}  hehe
[15:22] {JK13} :)
[15:22] {Threei}  btw that would be true for americans mostly
[15:23] {Threei}  canadioan dollar seems to be dropping merrily with euro
[15:26] {JK13} but it is not bad for people that work with us funds
[15:26] {Threei}  not bad? it's extatic
[15:26] {Threei}  or how you spell that
[15:27] {Threei}  if it were in my power, CDN would be back to its 1998 levels
[15:27] {Threei}  this parity stuff is killing me
[15:28] {JK13} that's right and good for manufacturing
[15:30] {swill} i believe cand dollar will come off further
[15:30] {Threei}  I pray you are right
[15:30] {JK13} 2012 prayer
[15:31] {swill} commodity storey weakening
[15:37] {Threei} Short Setup: FCX  .70 break
[15:37] {Threei}  if stays under .80
[15:38] {Threei}  correct to .75 break
[15:38] {Threei}  with stop .85
[15:41] {Threei}  invalidated
[15:41] {Threei}  not sure about another recalibration to .80
[15:44] {swill} shuks
[15:50] {Threei}  CME directors suing Corzine over missing MF Global funds
[15:51] {Threei}  somewhat strange entity to sue
[15:51] {Threei}  but whatever
[15:51] {Threei}  sue him to high heaven
[15:51] {Threei}  no love lost
[15:53] {Threei}  RIM earnings after close
[15:53] {Threei}  won't be pretty I guess
[15:53] {nemo} short
[15:54] {Threei}  I'll stick arounf for a few min afer close
[15:54] {Threei}  want to look at it
[15:58] {Threei}  volume is ridiculous today
[15:59] {Threei}  very unconvincing green day, finishing near the low
[15:59] {Threei}  if anything, litle tech bounce in downtrend
[16:00] {RonS} copper was just horrible today
[16:00] {Threei}  look at gold
[16:01] {Threei}  come on RIMM{ suspense is killing us
[16:06] {Threei}  ADBE decent report
[16:07] {Threei}  RIMM is probably trying to tarnsmit the earnings over blackberry netweork, so it's delayed