How's that for a definition of super-thin trading:
- NYSE volume 360M shares, about 45% below its three-month average;
- NASDAQ volume 840M shares, about 44% below its three-month average
With 5 out of 6 today, I feel like any money made this week should be framed and hung on the wall. Just sitting through the periods of boredom is nothing short of heroic
Session Time: Wed Dec 28 00:00:00 2011
[09:13] {JK13} gm
[09:13] {Threei} morning jk
[09:13] {dino} gm
[09:13] {Threei} dino :)
[09:13] {rambler} goodmorning
[09:14] {Threei} rambler :)
[09:19] {Threei} market losing ground
[09:19] {Threei} no news
[09:20] {Threei} I am sure it's nemo's fault
[09:21] {Threei} EUR/USD Sets fresh session lows
[09:22] {ese} mornin.......back from up island
[09:22] {Threei} hey ese, welcome back
[09:23] {Threei} islanders started flocking back... swill and patience are still MIA
[09:23] {ese} and it was wetter than....???????....have no word for it
[09:23] {Threei} wetter than rain?
[09:24] {ese} ya thats it
[09:25] {Threei} FCX is first short cadndiate
[09:25] {RonS} hello everyone
[09:26] {Threei} not sure about SLW, as weak as it was yesterday, for somereason it decided to go against the market today
[09:26] {Threei} Ron, welcome back :)
[09:27] {Threei} trading is still very thin and likely to stay this way till after NY
[09:27] {Threei} so, staying quick and nimble
[09:28] {Threei} Dealers note that Italy to sell bonds on Thursday, Dec 29th and the 10-year BTP yield is around the 6.85% despite the decent Bill auction earlier today
[09:29] {Threei} if spread tightens near .85, that'd be good trigger for FCX
[09:29] {ese} morning Ron...
[09:30] {Threei} Short Setup: SLW .90 break
[09:30] {Threei} Short Setup: FCX .85 break
[09:31] {Threei} SLW stop above 29 for scalpers, .05 day traders
[09:31] {Threei} FCX .95 and 38
[09:32] {Threei} SLW 1:1 scslpers
[09:33] {Threei} 1:1 day traders
[09:33] {Threei} FCX same
[09:33] {Threei} out FCX in full .60
[09:33] {dino} cov fcx .60 ave +.24 ty vad
[09:33] {Threei} and SLW .70
[09:33] {Threei} welcome sir
[09:35] {Threei} Long Setup: SLW .75 break half lot
[09:35] {Threei} stop is so obvious, it would be pure insult to name it
[09:36] {Threei} let's trail it to .69 now
[09:37] {thomcbell} fdx and ups diverging fdx near support
[09:38] {Threei} out SLW
[09:39] {dino} same
[09:39] {dino} -.06
[09:40] {dino} 07 all red but barely moving
[09:40] {Threei} yeah, I am ot convinced of either, bounce or continuatuion
[09:41] {dino} acat sm s .81
[09:41] {thomcbell} lvs strong bounce
[09:41] {thomcbell} i mean qcom
[09:41] {thomcbell} sorry
[09:41] {dino} slap! :D
[09:41] {Threei} hehe
[09:42] {Threei} Short Setup: AFL .94 break
[09:43] {Threei} if stays under .05
[09:43] {Threei} half lot
[09:43] {dino} acat stop -.23
[09:44] {Threei} Short Setup: GLD .80 break
[09:44] {Threei} smaller shares
[09:44] {dino} wow acat
[09:45] {Threei} GLD 1:1
[09:45] {Threei} AFL 1:1
[09:46] {Threei} GLD 1:2
[09:46] {Threei} out
[09:46] {Threei} out AFL in full
[09:46] {thomcbell} dax down 1%
[09:47] {dino} cov gld .54, +.24
[09:47] {dino} ty
[09:47] {Threei} :)
[09:49] {thomcbell} fcx 37.49 break
[09:50] {Threei} looks right
[09:50] {thomcbell} if stays below 37.60
[09:51] {Threei} and 1:1
[09:51] {Threei} nice and easy, classic setup
[09:51] {dino} cov afl .67, +.24 ty vad
[09:51] {Threei} very clean, right from the course pages
[09:51] {Threei} welcome dino
[09:52] {thomcbell} :)
[09:53] {dino} cov fcx .38, +.11 ty tbell
[09:53] {Threei} dino is just sweeping the trading floor today
[09:53] {Threei} no banknote is left
[09:53] {dino} just scalping, untrusting mode
[09:54] {thomcbell} covered half fcx for that reason
[09:55] {thomcbell} covered another 1/4 here 37.30
[09:55] {thomcbell} 37.40 stop on balance
[09:55] {dino} nice read
[09:55] {Threei} you must have read that course, I swear
[09:55] {thomcbell} qcom on radar for long if market gets footing
[09:56] {Threei} GLD
[09:56] {thomcbell} lvs getting smoked
[09:56] {Threei} if holding .40, double bottom candidate
[09:56] {thomcbell} fcx flat 37.20
[09:56] {Threei} no, never mind
[09:57] {Threei} beautiful trade management on FCX
[09:57] {Threei} wtg tbell
[09:57] {thomcbell} compliments on the course - read a bunch of the booklet last night
[09:57] {Threei} liked it?
[09:58] {thomcbell} very user friendly
[09:58] {Threei} cool beans, glad to hear
[09:58] {thomcbell} lvs 43.47 break Vad?
[09:58] {Threei} gotta show it to my wife, she says I am very unfriendly...
[09:58] {thomcbell} 1/2 lot
[09:59] {Threei} I'd make it .45
[09:59] {Threei} and if stays above .35
[09:59] {dino} nflx sm l .20
[10:00] {thomcbell} qcom has to be something here vad
[10:00] {thomcbell} two sided
[10:00] {Threei} .75 break long, yes
[10:00] {thomcbell} what about 54.66
[10:00] {Threei} breakdown sice is not that clear
[10:01] {Threei} no clearly pronounced trigger
[10:01] {thomcbell} gotcha
[10:02] {Threei} LVS invalidated, and to say honstly I am sighing with relief
[10:02] {Threei} didn't feel easy about this trade
[10:03] {thomcbell} y
[10:03] {dino} out nflx flat
[10:03] {ese} grrrrrrrrrrrrrrrrrrrrr......stalking END since opening....turn my hhead for 2 flippin seconds and....grrrrrrrrrrrrrrrrrrrrrrr
[10:04] {Threei} QCOM, I severly dislike the way this thing trades
[10:04] {thomcbell} its a short
[10:05] {thomcbell} but i agree
[10:05] {thomcbell} whomever has the big order
[10:05] {dino} ugh nflx
[10:05] {thomcbell} wow slw
[10:06] {dino} nflx l .50
[10:06] {dino} out .67
[10:07] {Threei} sheesh END
[10:07] {Threei} that's one nice spot ese
[10:07] {dino} zigo drop
[10:07] {ese} i know....i know
[10:08] {ese} only thing to brag about there is stupidity
[10:08] {Threei} (US) ComScore: Late Christmas shopping push put US online holiday spending total around $35.3B, +15% y/y- The most recent week (ending Dec. 25) witnessed $2.8 billion in spending, an increase of 16 percent versus the corresponding week last year. - Holiday e-commerce spending has remained strong throughout the season, and we have now reached a record $35 billion in U.S. online sales for the season-to-date
[10:08] {Threei} yes but... is it at the expense of brick-and-mortar stores?
[10:09] {dino} of course
[10:09] {ese} that setup was perfect...30 lousy seconds.....max 30 and i miss it
[10:09] {dino} and also at the expense of state govt, no sales taxes
[10:12] {dino} sm l zigo .25 risky
[10:13] {thomcbell} qcom is bananas
[10:13] {thomcbell} strong
[10:14] {Threei} it's full of traps
[10:14] {Threei} don't like it
[10:15] {dino} 07 red
[10:18] {dino} bokf drop
[10:24] {dino} dmnd spike
[10:26] {RonS} DMND rumor david einhorn taking 8% stake
[10:26] {dino} hmmm, he's usually a short
[10:27] {dino} ndx gap 2266
[10:28] {thomcbell} slw has real problems
[10:32] {cipher} ibm l .88
[10:32] {cipher} tna l .96
[10:36] {cipher} -.10 tna
[10:36] {cipher} -.05 ibm
[10:37] {dino} sina sm l .65
[10:39] {thomcbell} sm l FDX
[10:40] {cipher} ibm l .81
[10:41] {cipher} cat l .13
[10:42] {dino} out sina .32, +.57
[10:42] {Threei} wtg
[10:42] {dino} ty
[10:42] {cipher} out cat .33 +.20
[10:43] {Threei} nice one
[10:43] {cipher} thx
[10:44] {dino} gj
[10:45] {dino} out zigo .55, +.30
[10:46] {cc_8} nice exit
[10:46] {dino} thx
[10:49] {dino} chk l .00
[10:59] {cipher} cat l .00
[10:59] {cipher} stopped -.11
[11:02] {Threei} ese
[11:02] {Threei} END is back to your original entry idea
[11:03] {RonS} means the END is near?
[11:03] {Threei} I guess
[11:04] {Threei} byw ron, you missed twitter joke of the year yesterday
[11:04] {Threei} let me find it
[11:04] {RonS} which END is up?
[11:04] {Threei} 12:03] {Threei} HEY STUPID IDIOTS WHO GOT TWITTER FOR CHRISTMAS: IT'S FREE!!!
[11:04] {RonS} lol
[11:05] {cipher} ibm l.50
[11:06] {Threei} beautiful entry
[11:06] {Threei} half out here?
[11:07] {Threei} please?
[11:07] {cipher} no expecting at least .30
[11:08] {ese} L mgm c load .13
[11:11] {dino} c load?
[11:12] {ese} crap load
[11:12] {Threei} crapload?
[11:12] {Threei} lol
[11:12] {dino} roflol
[11:12] {dino} i won't forget that
[11:13] {ese} it'll remain there even stronger if i actually make some money on it
[11:17] {cipher} out ibm flat... shoulda listened to da master :-(
[11:19] {dino} don't mess w/the zohan
[11:19] {Threei} don't guess... just follow the standard procedure
[11:19] {ese} lol
[11:19] {Threei} it's there for a rewason - it takes creativity out of what should not be creative
[11:19] {Threei} look at it this way:
[11:20] {Threei} creativity is needed when you design your setups
[11:20] {Threei} when you execute them - you don't think
[11:20] {Threei} don't second-guess
[11:20] {Threei} you just execute
[11:20] {Threei} standard procedure says protect profits by prtials and trails
[11:21] {Threei} sure, there can be more money laying around the corner,
[11:21] {Threei} but is it the reaon not to pick up the money that lies on the floor right in front of yo?
[11:23] {Threei} look who decided to check on us
[11:23] {nemo} shhhhhh....
06[11:23] * Threei slaps nemo around a bit with a rough-edged bottle of champaign
[11:23] {nemo} I'm trying to drink alone
[11:23] {Threei} no chance
[11:24] {nemo} Grey Goose ;)
[11:24] {RonS} who 'dat?
[11:24] {nemo} Just got back from morning hunt
[11:24] {nemo} sucks this year
[11:24] {Threei} bambi is dead?
[11:24] {nemo} must be, I can't find them
[11:24] {Threei} lol
[11:24] {RonS} bars open early?
[11:24] {Threei} btw, read the phrase, gotta share, just for you:
[11:24] {Threei} There is no such thing as overkill - dead is dead.
[11:25] {nemo} yep
[11:25] {ese} it's a world wide problem.......Salmon stocks are depleted here on the west coast......humans...screwing up the planet
[11:26] {nemo} and you didn't believe me about 2012...animals are leaving before humans go nuts
[11:26] {Threei} not if you look at deer in CRD
[11:26] {Threei} leaving where?
[11:27] {Threei} they have space ships?
[11:27] {Threei} SPY starts looking breakdownish...
[11:27] {nemo} just getting out of dodge
[11:27] {Threei} Long Setup: TZA .60 break
[11:27] {Threei} half lot
[11:27] {nemo} http://www.freestockcharts.com?emailChartID=18f124fb-f34e-4310-aba1-62bdf9f99f21
[11:28] {ese} and the worst of it!!!!!!!! no caviar...sturgeon stocks depleted in Russia
[11:28] {Threei} ummm
[11:28] {Threei} let me share little secret
[11:28] {ese} fire.....
[11:28] {Threei} this is what they say to prop the prices
[11:28] {dino} chk stop -.15
[11:29] {ese} whoa...don't like that out mgm .10 -.03
[11:30] {Threei} told you we break down
[11:30] {ese} lol
[11:31] {Threei} TZA 1:1
[11:31] {dino} wants the 2266 ndx gap
[11:32] {Threei} The world's finest beluga caviar will be available once again following an agreement by five producer countries on export quotas for the luxe delicacy, the United Nations' watchdog on endangered species has announced. Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan agreed at a meeting in Tehran on new quotas which will be in effect through February 2011, the UN Convention on International Trade in Endangered Species said in a statement. A temporary ban on wild caviar was imposed in 2001 due to a depletion of stocks amid high levels of poaching and illegal trade in the Caspian Sea.
[11:32] {Threei} In 2002, countries sharing a stock of sturgeon automatically had zero quotas unless they reached a consensus on a sustainable level of exports. Trade in beluga was halted last year as the countries failed to agree on quotas. Azerbaijan and Turkmenistan still have zero quotas, but Iran can now produce 800 kg, Kazakhstan 1,500 kg, and Russia 700 kg. Expect it to cost a small fortune if you're lucky enough to get your hands on some.
[11:34] {ese} hmmmmmmmmmm
[11:34] {dino} sm l perf .70
[11:35] {ese} would like to go with ya dino but }40 cent spread
[11:36] {ese} opps .08 now better
[11:36] {ese} nooooooo.....now 40 cents
[11:36] {ese} sorry 30
[11:36] {RonS} hooker spread...
[11:36] {Threei} 1:2
[11:36] {ese} oh oh....01
[11:36] {Threei} out in full
[11:37] {dino} lol
[11:38] {nemo} interesting spot for tna long
[11:39] {nemo} HOwever, I think they could bring it down to the WPP for bot SPY and IWM
[11:39] {ese} man perf is dn what.....almost 50% in 2 days
[11:39] {ese} talk about over kill
[11:39] {RonS} ...perf bought another company...$170 mil trans...
[11:40] {RonS} means they will be stinkin up the joint...
[11:40] {ese} oh......so really negative news then?
[11:41] {dino} lol
[11:41] {dino} perfume
[11:42] {Threei} argh
[11:42] {Threei} was thinking of IBM short on 184 break
[11:42] {Threei} don't know why I decided to refrain
[11:43] {RonS} omg hope nemo not on mibbet
[11:43] {Threei} why?
[11:44] {ese} my question exactly
[11:45] {RonS} phillipine mail order bride ad...
[11:46] {nemo} wtf?
[11:46] {Threei} think he is done with russian brides?
[11:46] {nemo} I've never been married
[11:47] {nemo} why?
[11:47] {JK13} Vad how I can dcc you
[11:47] {Threei} doubleclick on my nick
[11:47] {Threei} type in a new window that pops up
[11:49] {ese} ohhhhh keeeeee dohhh keeeee........not much said but conversation was intense........
[11:50] {ese} ron survives nemo's wrath........ok were fine........phew
[11:50] {nemo} I have a long memory
[11:50] {ese} i know..... iknow
[11:51] {ese} back to work.........question here is.......do I go for another c load of mgm? vad?
[11:52] {ese} the mrkt crystal ball says .....what?
[11:52] {Threei} nah
[11:52] {RonS} wish patience was here: http://www.dilbert.com/strips/2011-10-01/
[11:52] {ese} ok
[11:53] {dino} still in here ese, 1k
[11:53] {ese} how bout a dino sm........please please dad!!!!!!!!! can I can i.....huh?????
[11:53] {ese} mgm? dino
[11:54] {RonS} omg...the beard to challenge the O: Fed Chairman Ben Bernanke may double press briefings to improve understanding of policy changes
[11:54] {dino} y
[11:54] {ese} done.......i'm in .11
[11:55] {dino} just what we need, more briefings/noise
[11:55] {ese} 1 K
[11:55] {ese} ya.....everytime he opens his mouth.....the mrkt tanks
[11:56] {dino} y
[11:56] {ese} has that innate ability to drown in a parking lot puddle
[11:58] {ese} if someone were to question him about manual labour.......he's think they were talking about the president of Mexico for crying out loud
[11:58] {ese} he's
[11:58] {ese} he'd
[11:58] {RonS} hehe'd
[11:58] {ese} egzacctilly
[12:00] {ese} reminds me of doof whos standing at railroad crossing gates..........the arms are down....the lights are flashing........but that train just ain't comin!!!!!1
[12:01] {ese} as a matter of fact..........he's the type who'd put iodine on his pay check if he got a cut in pay.......
[12:02] {dino} lol
[12:02] {ese} would search wallmart for wheels for a mis-carriage
[12:03] {ese} you know the type...........
[12:03] {RonS} ese...classic: http://www.youtube.com/watch?v=nKf6hK6oBcg
[12:08] {thomcbell} bollinger band tighten on the 1 minute fcx Vad
[12:08] {thomcbell} 10 min ago
[12:10] {ese} wow........love Jeff Becks' playing.....thats a great tune
[12:10] {Threei} can`t tell anything here
[12:10] {Threei} a bit too random
[12:11] {dino} hitk sm l .72 ave
[12:13] {RonS} hey ese...did not know...is a curtis mayfield tune...http://en.wikipedia.org/wiki/People_Get_Ready_(song)
[12:15] {ese} actually didn't know that either......I have a recording of the Staple Singers doin it
[12:23] {Threei} Long Setup: FCX .60 break if stays above .50
[12:24] {Threei} let's do half lot, mostly because the odds are not too great at htis time of the day
[12:24] {JK13} :)
[12:29] {cipher} dino still in perf?
[12:30] {dino} y
[12:30] {cipher} what's your target?
[12:30] {dino} .30 area
[12:31] {cipher} i was thinking the same...
[12:31] {cipher} ty
[12:31] {cipher} i'm in @ .71
[12:32] {dino} issue is drops/spreads are wide
[12:32] {cipher} no kidding
[12:32] {cipher} pulp
[12:32] {dino} y
[12:32] {dino} "pulp moves baby" geo. costazza
[12:35] {ese} L mgm .13 avg .12 and a bit
[12:35] {Threei} 1:2, out FCX
[12:36] {JK13} thx Vad
[12:37] {Threei} :)
[12:40] {dino} out fcx .74, +.13
[12:40] {dino} ty vad
[12:40] {Threei} :)
[12:40] {Threei} did I say 1:2 earlier? that was 1:1 of course
[12:55] {Threei} (IT) Italy govt said to be considering raising toll road fees as a revenue raising measure - financial press
[13:00] {Threei} (EU) Some bankers and regulators are said to be unsettled about the possibility that European lenders are running low on collateral - financial press
[13:00] {ese} hoooo....hummmmmm mgm still hangin in there
[13:15] {thomcbell} wow bbby
[13:15] {ese} ohhhhhhh dino!!!!!!
[13:15] {thomcbell} looks interesting intraday
[13:17] {ese} the mgm movie is finally getting un boring
[13:18] {Threei} Ron Paul is leading in Iowa...
[13:26] {Threei} kill me now:
[13:26] {Threei} http://www.telegraph.co.uk/culture/art/8884829/Why-is-Andreas-Gurskys-Rhine-II-the-most-expensive-photograph.html
[13:26] {Threei} seriously?
[13:29] {RonS} ese can explain it...he's the artiste...
[13:30] {Threei} I will give my right hand to ax to anyone who can explain it to me
[13:31] {Threei} hell, ax my head off while at it too
[13:32] {Threei} lol, I like this comment:
[13:32] {Threei} "Does it come with several Ferraris?" offers an arts editor here. Well, that would make more sense, but no, not that we know of. "One can only assume the collector really likes stripes of green and gray," jokes SeattlePI.com.
[13:33] {nemo} o.k. off to try and kill something again
[13:33] {Threei} you just don't give up
[13:34] {nemo} season is over in 3 days...I'll have to give up then, or poach
[13:35] {nemo} wow, one of my subjective levels going back a ways, was the spy bottom today
[13:49] {RonS} dang...wish i knew this before christmas...Women who read romance novels have sex twice as often as those who don't.
[13:49] {RonS} lol...pulp moves baby...
[13:50] {dino} gs sm l .65
[13:51] {RonS} qotd: DMND trading higher on the rumor that there is a rumor
[13:54] {thomcbell} lvs break 42.78 vad
[13:57] {Threei} probably...
[13:57] {Threei} chart is right, time of the day is not
[13:58] {thomcbell} ok thanks
[14:01] {RonS} putin tries comedy: Putin promises fair election as ‘New Year’s gift’
[14:02] {Threei} I'd still take twitter as a present
[14:15] {dino} gs stop -.20
[14:20] {ese} ok....i've been looking at that photo now for about 5 min and this is what i've come up with........
[14:21] {ese} F..ked if I know!!!!!
[14:22] {ese} a c load of nothin as far as I can see
[14:22] {Threei} thank you
[14:23] {RonS} ...and here i heard if you stare into the abyss long enough that it stares back...
[14:23] {RonS} but i gues it's not nemo's empty bottle...
[14:24] {ese} yup and it answers to
[14:24] {RonS} :)
[14:24] {ese} something like
[14:25] {ese} if your stupid enough to pay 4.3 mil for that photo........your dumber than we think you are
[14:25] {ese} and.......
[14:26] {ese} theres a couple of us that want to sell you some real estate out here in the middle of the Juan di Fuca straight
[14:26] {ese} not to mention a bridge that goes along with it
[14:28] {ese} isn't this planet in some kind of recession right now? Feel free to correct if I'm wrong
[14:30] {RonS} ...always a bull market somewhere...food stamps...meaningless photos, etc...
[14:31] {ese} true isn't it
[14:31] {RonS} but apparently not perfume retail...
[14:31] {ese} by the way.........anyone here into tulips
[14:31] {ese} lol
[14:31] {RonS} perf...def of time in a bottle?
[14:32] {ese} hmmmmmmmm laughing at my own jokes.........bad sign
[14:32] {Threei} welcome to my world ese
[14:32] {ese} indeed
[14:32] {cc_8} haha
[14:32] {ese} be back in 20
[14:35] {Threei} comeon ese
[14:36] {Threei} it's not THAT funny that you need 20 min to luagh it away
[14:40] {RonS} not confirmed but....with less than 2 hours to go NYSE and Nasdaq are each 48% under their 3-mo avg turnover. Only 6.8 million options, which is 60% under avg
[14:42] {Threei} here are exact numbers:
[14:42] {Threei} NYSE volume 270M shares, about 45% below its three-month average; decliners lead advancers by 3.1:1. - NASDAQ volume 620M shares, about 44% below its three-month average; decliners lead advancers by 2.9:1.
[14:42] {Threei} as of 14:00
[14:42] {RonS} wonder why i think this is funny but lol...In conclusion...if 2011 taught us anything, it's that freaking out over every single headline is a very profitable investing strategy.
[14:43] {Threei} hehe
[14:43] {Threei} I like it
[14:44] {Threei} is it me or does it sound sccry:
[14:44] {Threei} scary
[14:44] {Threei} (US) Fed taskforce is said to be examining ways to curb repo market risk, reduce market dependency on JPMorgan and Bank of New York - FT
[14:44] {Threei} - Officials with knowledge of the tastk force highlight that a public sector body would be inclined to behave differently when under stress, and that a bank, in its desire for security or collateral could be tempted to behave badly
[14:47] {RonS} makes sense to me...why have a market that might act like a market...a financial poitburo is sooo much better
[14:47] {RonS} politburo
[14:47] {Threei} OK, not just me then
[14:48] {Threei} here is your, North Americans problem: we in USSR had where to immigrate - in North America. What are you going to do?
[14:49] {RonS} ...thinkin hari kiri...
[14:54] {RonS} the heck of it is that after the stuff hits the fan the socialists will turn into fascists the likes of which they only imagined ever existed
[14:55] {Threei} ... and rule for 70+ years
[14:55] {RonS} the precedents are there
[14:55] {RonS} wilson and the sedition acts
[14:55] {RonS} roosevelt and the camps
[14:56] {RonS} obama and the ascription of us citizens to gitmo
[14:59] {RonS} wow, only an hour to go...is my paint dry yet?
[14:59] {Threei} not any more than my grass has grown
[15:00] {RonS} hmmm, china rising? Samoa will skip over Dec. 30 as part of plan to move to western side of International Date Line
[15:11] {Threei} Long Setup: GLDS .40 break
[15:11] {Threei} smaller shares
[15:12] {pragmatic} GLD ?
[15:12] {Threei} stop under .30
[15:12] {Threei} GLD
[15:12] {Threei} fat fingers
[15:13] {Threei} nah
[15:15] {Threei} food photographers explaining his subject choice: I like things that don't talk back
[15:16] {Threei} wow
[15:16] {Threei} what just happened
[15:16] {RonS} guessing doesn't do beans...
[15:16] {Threei} lol
[15:25] {Threei} oh boy
[15:25] {Threei} (CN) China Govt has announced details of a future gas price mechanism; Will first be implemented in Guangdong and Guangxi provinces before being rolled out nationally - Chinese pressThe Details: - There will be different city gate prices for different provinces. - The new price mechanism will be based on "reference prices," and affordability in the individual province. - Pricing formula is 90% of the weighted average of imported fuel oil (40%) and imported LPG (60%) prices with adjustment for their heating value and 13% of VAT. - Base prices will be adjusted on a yearly basis to begin with, but will gradually move to quarterly.
[15:27] {Threei} when this house of cards falls apart...
[15:27] {Threei} the world will shudder
[15:37] {Threei} look at GLD daily
[15:37] {Threei} name for this chart is a "goldbug's nigtmare"
[15:38] {Threei} course readers will spot the short setup in Sept
[15:38] {rambler} power back on...
[15:38] {Threei} wind?
[15:38] {rambler} not sure
[15:39] {rambler} how great has the trading been?
[15:39] {Threei} we had some earlier, not big but probably stroneger in your area
[15:39] {Threei} morning was good, after that looooong period of boredom
[15:40] {dino} second that
[15:40] {RonS} took perf .48 ave to .90 +.42 thanks dino
[15:40] {Threei} nice
[15:41] {dino} gj
[15:41] {dino} i held thru that, but getting out shortly
[15:44] {Threei} How's that for a definition of super-thin trading:
[15:44] {Threei} - NYSE volume 360M shares, about 45% below its three-month average;
[15:44] {Threei} - NASDAQ volume 840M shares, about 44% below its three-month average
[15:45] {Threei} any money made this week should be framed and hung on the wall. Just sitting through the periods of boredom is nothing short of heroic
[15:52] {RonS} so, what do you think? .1% of pop have any idea what we do?
[15:52] {Threei} nah
[15:52] {RonS} w/ relatives and they think it is magic or alchemy
[15:52] {RonS} probably 100-1000 tops....
[15:53] {Threei} as long as wife beilieves you are a sci-fi writer, things are fine
[15:53] {RonS} rotflol
[15:53] {Threei} :)
[15:54] {Threei} "honey, Chtorrans came in through the chronoclastic infundibulum today and stole $100 bucks from me"
[15:55] {RonS} mean, in my case, in addition to being a schmuck...
[15:55] {RonS} oh well in my former live was a salesman and doughter grew up believing i did nothing...
[15:56] {Threei} see... not much to lose :)
[15:56] {RonS} now she is married to a consultant and has proof of real nothing...
[15:56] {Threei} lol
[15:56] {Threei} ironic eh
[15:57] {Threei} but hey... any schmuck who can spell chronoclastic infundibulum...
[15:57] {RonS} w/ fins no less...
[15:57] {Threei} right
[15:57] {Threei} and keyboard with 2/3 markings goine...
[15:57] {Threei} gone
[15:58] {Threei} I don;t know how I manage to do that, you'df think I have a sandpaper on my fingerti[s
[15:59] {Threei} Taoist Trader, 11 Trades and all the blog articles and room discussions of last 5 years are done on a keyboard with blind keys
[16:00] {Threei} thank you all
[16:00] {Threei} have a good evening, see you tomorrow
[16:00] {rambler} thanks Vad
