100% winning and very boring day. Light holiday trading is still here (duh) but somehow the percentage of wins today was way beyond expected.
Session Time: Tue Dec 27 00:00:00 2011
[09:21] {JK13} gm everyone
[09:21] {Threei} Good morning
[09:22] {Threei} how was the weekend?
[09:22] {JK13} Very busy and lots of food
[09:22] {JK13} how about yours?
[09:22] {Threei} holiday of expanding waistlines, eh?
[09:22] {Threei} same
[09:23] {Threei} in a week I'll have to go on pure protein for a month or so, lol
[09:24] {JK13} very easy - do not eat for a week
[09:24] {JK13} just water an oatmeal
[09:24] {Threei} haha
[09:32] {Threei} Short Setup: FCX .20 break half lot
[09:32] {Threei} if stays under .30 of course
[09:33] {Threei} convincingly invalidated
[09:34] {Threei} Short Setup: RIMM .90 break
[09:36] {Threei} let's see if we can find FCX entry into bounce
[09:36] {Threei} if goes above .30, short recross with stop above .40
[09:37] {Threei} .20 short remains an option if consolidates or a min or two under .30
[09:38] {Threei} also, let's make RIMM two-sided seup with long trigger .95 break
[09:40] {Threei} OK FCX
[09:40] {Threei} .30 break short
[09:41] {Threei} RIMM half out
[09:41] {Threei} scalpers be happy
[09:41] {Threei} FCX another invalidation
[09:41] {Threei} so far things shape up for long trades
[09:42] {Threei} SLW looks quite weird though
[09:44] {Threei} Long Setup: FCX .40 break half lot
[09:44] {Threei} if stays above .30
[09:45] {Threei} aggressive entry for .45 trigger
[09:45] {Threei} changing to double bottom play
[09:45] {Threei} .30 break if holding above .20
[09:47] {Threei} target 1:2
[09:49] {thomcbell} aapl is abeast
[09:49] {Threei} trail stop to .24
[09:50] {Threei} 1:1
[09:50] {Threei} sheesh AAPL
[09:50] {Threei} rumors about Apple TV in early 2012
[09:53] {Threei} scalpers win on FCX
[09:55] {Threei} Long Setup: LVS .65 break
[09:56] {Threei} if stays above .55
[09:56] {Threei} invalidated, and let's wait out numbers at 10 now
[09:57] {Threei} - 10:00 (US) Dec Consumer Confidence: 58.0e v 56.0 prior
[09:57] {thomcbell} ups / fdx complex strong after initial weakness
[09:58] {Threei} - 10:00 (US) Dec Richmond Fed Manufacturing Index: 5.0e v 0.0 (flat) prior
[09:58] {Threei} wow FCX
[09:58] {Threei} that's much deeper dive than I expected
[09:59] {Threei} *(US) DEC RICHMOND FED MANUFACTURING INDEX: 3 V 5.0E
[10:00] {Threei} *(US) DEC CONSUMER CONFIDENCE: 64.5 V 58.6E
[10:01] {Threei} conflicting numbers
[10:01] {Threei} market is confused
[10:01] {Threei} go up, go down or shrug and go eat
[10:02] {Threei} really indecisive
[10:05] {Threei} Short Setup: FCX .10 break
[10:05] {Threei} if doesn't go over .20 anymore
[10:07] {Threei} if SPY break .80 will probably invalidate this play
[10:11] {Threei} 1:1
[10:12] {Threei} anyone is breathing?
[10:15] {Threei} probably not
[10:17] {cc_8} breathing here
[10:17] {Threei} cool
[10:19] {Threei} (US) Treasury forecasts debt to be within $100B of limit by the end of the week; Congress must take action on debt limit- Notes that President is now due to submit ceritfication to Congress for decision within 15 days - Debt limit will be automatically increased by $1.2T if congress chooses not to vote down the certification
[10:20] {Threei} endless saga
[10:20] {Threei} good boy FCX
[10:20] {Threei} out in full
[10:20] {Threei} 1:2
[10:21] {Threei} 3 for 3, or my math is wrong?
[10:22] {thomcbell} slw short entry after consolidation possibly
[10:23] {Threei} 29 trigger?
[10:23] {thomcbell} yes
[10:23] {Threei} me likey
[10:24] {thomcbell} u had one stop on fcx - 38.40 buy got stopped at 38.24
[10:24] {thomcbell} ;
[10:24] {thomcbell} ;(
[10:24] {thomcbell} 3-4
[10:24] {Threei} hmm?
[10:25] {Threei} that one was reca,librated for lower entry after invalidation
[10:25] {Threei} 09:45] {Threei} changing to double bottom play
[10:25] {Threei} [09:45] {Threei} .30 break if holding above .20
[10:26] {Threei} is it right, or I confuses something?
[10:27] {Threei} RIMM had much more in it
[10:29] {JK13} hard to believe
[10:29] {Threei} no kidding... I wouldn't feel comfortable holding it
[10:30] {Threei} *(US) DEC DALLAS FED MANUFACTURING ACTIVITY: -3.0 V 4.5E
[10:32] {thomcbell} i missed it and was stopped - boo
[10:32] {thomcbell} 3-3 for Vad
[10:32] {thomcbell} 0-1 Thomc
[10:32] {Threei} :(
[10:33] {Threei} if you see inval;idation, we most often cancel the play or look for different entry
[10:35] {rambler} goodmorning all
[10:35] {Threei} rambler!
[10:36] {Threei} welcome back
[10:36] {rambler} how goes the battle?
[10:36] {Threei} good so far
[10:36] {Threei} very thin holiday trading, pickings are slim
[10:36] {Threei} but we squeeze all we can out of it
[10:36] {rambler} good to finally get back at it....
[10:37] {dino} welcome back rambler
[10:37] {rambler} thanks Dino
[10:37] {Threei} hey dino
[10:37] {Threei} sneaked in quietly, lol
[10:38] {dino} yeah, running late, r.e. things again
[10:40] {Threei} Short Setup: FCX .85 break
[10:41] {Threei} stop above .95 of course
[10:43] {Threei} trail stop to .91
[10:43] {Threei} if SPY loses .60, we will be fine
[10:45] {Threei} here we go
[10:45] {Threei} 1:1
[10:45] {Threei} if partialing, half out and stop to .86
[10:45] {Threei} if scalping never mind me
[10:45] {Threei} (which you all do anyway)
[10:52] {thomcbell} slw 1:1
[10:53] {Threei} nice one
[10:54] {Threei} good find
[10:54] {Threei} thin or not, running at 100% so far today
[10:57] {Threei} chart is right from 111 trades course
[10:58] {Threei} which reminds me, 50% coupon runs out Dec 31
[10:58] {Threei} 30% for BVO guys too
[11:00] {thomcbell} where do I find the coupon
[11:00] {Threei} just a sec, I'll post it
[11:00] {thomcbell} I i covered 1/3 slw in this stall at 1:1
[11:02] {Threei} room members 50% ...........
[11:02] {Threei} BVO members 30 % ...........
[11:06] {thomcbell} FDX looks like a Dino entry
[11:06] {thomcbell} rinse down near support
[11:07] {dino} break of .65 sm l
[11:11] {Threei} SHLD, what a broken chart
[11:12] {cipher} dino fdx target?
[11:13] {dino} .03
[11:13] {cipher} out 1/2 +.20 thx
[11:14] {Threei} nice
[11:14] {dino} gj
[11:15] {Threei} folks who are still on holidays won't believe what we squeezed out of today
[11:15] {cipher} out in full +.29
[11:15] {thomcbell} slw 29.01 trailed stop here
[11:15] {Threei} Ron, is airing his grievances on this festivus day... ese is lazying it up somewhere up island... etc
[11:16] {dino} out .03, +.37
[11:16] {thomcbell} now dino would be out fdx
[11:16] {Threei} exactly target... nice one dino
[11:16] {cipher} wtg dino
[11:16] {dino} ty for heads up tbell
[11:16] {rambler} FDX...a thing of beauty...wtg
[11:17] {thomcbell} your welcome
[11:17] {cipher} thx thomcbell
[11:18] {cipher} s fdx .13
[11:19] {cipher} out +.13
[11:19] {thomcbell} beautiful cipher
[11:19] {cipher} got lucky shorted right before size showed up on ask
[11:20] {cipher} no guts to overstay this one
[11:30] {thomcbell} cleaning up slw here
[11:30] {thomcbell} no edge
[11:34] {Threei} I didn't really look into it... anyone paid attention to SHLD? is it general economy weakness, or someone eats their lunch?
[11:35] {Threei} Sears Domestic's quarter-to-date sales decline was primarily driven by the consumer electronics and home appliance categories, with more than half of the decline in Sears Domestic occurring in consumer electronics.
[11:38] {dino} someone eats their lunch.
[11:38] {Threei} any idea who?
[11:40] {dino} best buy, walmart, etc
[11:40] {dino} home dept on appliances
[11:40] {Threei} wow, really
[11:43] {Threei} as miserable as Fri volume was, today's so far on track to be even less, lol
[11:43] {dino} scanners dead
[12:02] {Threei} watching TNA for pullback entry
[12:02] {Threei} half lot
[12:02] {Threei} under .60
[12:03] {Threei} lol:
[12:03] {Threei} HEY STUPID IDIOTS WHO GOT TWITTER FOR CHRISTMAS: IT'S FREE!!!
[12:05] {cc_8} lol
[12:10] {Threei} no pullback
[12:10] {Threei} (US) President Obama to name two candidates to fill Federal Reserve board vacancies later today - financial press- Said to have selected former Bush Administration Treasury official Jerome Powell and Harvard professor Jeremy Stein.
[12:13] {Threei} what would we do without harvard professors running monetary policy
[12:13] {JK13} have more money
[12:13] {Threei} what a horrible concept eh
[12:14] {JK13} quintessence of life I guess :)
[12:14] {Threei} at least, life as seen from high above
[12:15] {Threei} where we are ants whose task is to sit down, shut up and eat whateer crumbles drop from the mountain top
[12:16] {JK13} any courses for alpinisme ?
[12:16] {Threei} lol
[12:17] {Threei} no, but dino's theory of picking up the money rolls you trip of while walking down the street fist
[12:17] {Threei} fits
[12:18] {Threei} Obama 47%, Gingrich 37%
[12:18] {Threei} I guess that sums it up... Romhey it is
[12:18] {Threei} Romney
[12:18] {JK13} horizontal alpinizm then. I like that as well
[12:19] {Threei} just need to deal with friction... if not for that, crawling would be favorite way to move around
[12:20] {Threei} easy to fall asleep wherever you feel like it, just stop moving
[12:24] {Threei} Long Setup: TZA .50 break
[12:24] {Threei} if stays above .45
[12:27] {Threei} recalibrate to .40 break
[12:28] {Threei} .34 stop, just a scalp most likely
[12:33] {Threei} half out .47; if scalping get out here
[12:43] {thomcbell} nke chart on daily very impressive
[12:51] {Threei} feel free to exit TZA in full here
[12:51] {Threei} I am out +.12
[13:56] {Threei} Research in Motion Ltd CNBC guest making positive comments; cites potential as takeover target given its patent portfolio
[14:22] {JK13} .
[14:29] {rambler} hey Vad,gotta run.Good first day back. Thanks all....
[14:29] {rambler} see you tomorrow
[14:29] {Threei} take care rambler
[14:34] {Threei} thomc, look dcc pls
[15:28] {Threei} the only trade I'd try today:
[15:28] {Threei} Short Setup: SLW .80 break
[15:29] {Threei} the thing is unusually weak, and there is a good chance for eod selloff
[15:45] {Threei} doesn't look like it's going to trigger
[15:46] {dino} calling it a day, gn all
[15:47] {Threei} take care dino
[15:47] {Threei} OK guys, let's call it aa day... a very good one if you are willing to sit through traditional afternoon boredom
[15:48] {Threei} thank you all, have a good evening
[15:48] {Threei} see you tomorrow
[15:50] {JK13} gn and thanks Vad
