Mar 31 2011

Even though the day started with stop (should know better than go long SLW at the open, right?), finished nicely positive with enough wins on both long and short side.

Session Time: Thu Mar 31 00:00:00 2011
[08:42] {Threei}  *(US) INITIAL JOBLESS CLAIMS: 388K V 380KE; CONTINUING CLAIMS: 3.714M V 3.705ME (lowest since Oct 2008)
[08:42] {Threei}  - Prior Initial Jobless Claims revised higher from 382K to 394K
[08:42] {Threei}  - Prior Continuing Claims revised higher from 3.721M to 3.765M
[08:42] {Threei}  - 4 week Avg claims: 393K v 385.3K
[09:04] {Threei}  yawn...
[09:04] {Threei}  is it Earth?
[09:06] {davd} for now
[09:07] {Threei}  hello Earth...
[09:09] {davd} feeling spiritual today?
[09:10] {Threei}  nah, just pretending
[09:10] {davd} like me in synagogue
[09:10] {Natali} gm earthmates :)
[09:10] {Threei}  crispy bacon and pretty females still take first lines in priority list
[09:11] {Threei}  Natali :)
[09:11] {Threei}  bacon in synagogue... now, that's an interesting concept
[09:12] {Natali} but bacon is ahead of females though...
[09:12] {Threei}  age takes its toll... {G}
[09:13] {Threei}  but to be fair, bacon is first in aphabet order
[09:13] {dino} gm all
[09:13] {Threei}  dino :)
[09:16] {Threei}  from all the headlines concerning Europe, it looks to me like it's moving toward to abyss at a brisk pace
[09:16] {Threei}  yet looking at the market you wouldn't ever say
[09:17] {Threei}  is it's half as bad as I suspect, the crash will be mighty good
[09:17] {Threei}  is = if
[09:19] {RonS} buenos dias los hombres y chicas
[09:19] {Threei}  hmmm... I'll take it as hello
[09:19] {Threei}  and exclude myself from chicas
[09:20] {Threei}  just in case, until I get the translation
[09:20] {Threei}  yup... Google says hombre it is
[09:21] {RonS} dndn Medicare approval, x weak, lvs hit on investigation
[09:22] {larisa} gm :)
[09:22] {Threei}  larisa :)
[09:22] {larisa} vad :)
[09:24] {RonS} tsla upgrade running the shorts off the road
[09:25] {Threei}  (PO) Portugal President Silva: Reiterates there is no need for Portugal to request aid, will fight against calls for the country to request aid
[09:26] {jfjf64} yello
[09:26] {Threei}  jf :)
[09:26] {davd} this portugal statement sounds familiar - didnt i hear that every morning all week?
[09:26] {ese} gm
[09:27] {Threei}  yup... and banks didn't need any additional money
[09:27] {Threei}  ese :)
[09:27] {dino} protest too much, portugal
[09:27] {Threei}  she doth, dothn't she
[09:27] {rambler} morning...
[09:28] {Threei}  rambler :)
[09:28] {strider} .
[09:29] {Threei}  good point
[09:29] {strider} thank you
[09:29] {davd} brent at 3 month highs (not broke thru but right up there)
[09:29] {strider} I try to stay on topic.
[09:29] {Threei}  SLW... somehow today it feels like long at the open...
[09:31] {Threei} Long Setup:  SLW  .70 break
[09:31] {Threei}  half lot
[09:31] {Threei}  stop under .55
[09:32] {Threei}  no go
[09:34] {jfjf64} fcx flyin
[09:34] {Threei}  but X dropping
[09:34] {Threei}  disaconnect
[09:34] {strider} hal
[09:35] {Threei} Short Setup: FCX  .70 break
[09:35] {Threei}  invalidated
[09:35] {dino} kub drop
[09:37] {Threei} Short Setup: FCX  .90 break
[09:37] {Threei}  invalidated
[09:38] {Threei}  56 break
[09:38] {nemo} too fast
[09:38] {Threei}  second chance, same setup
[09:38] {Threei}  stop above .10
[09:39] {jfjf64} strider   took  aggresive entry  long  hal   .97
[09:39] {jfjf64} ty
[09:39] {Threei}  wtg
[09:39] {nemo} 1/2 or full
[09:40] {jfjf64} half
[09:40] {jfjf64} ton shares 50.00
[09:40] {Threei}  target about .60 if works
[09:41] {Threei}  half out
[09:41] {Threei}  .87
[09:41] {Threei}  1/4 out .79
[09:42] {RonS} chi pmi now
[09:43] {jfjf64} slb  read
[09:43] {jfjf64} ?
[09:43] {Threei}  95 break
[09:44] {Threei}  keep shares reasonable, thin one
[09:45] {Threei}  *(US) MARCH CHICAGO PURCHASING MANAGERS INDEX: 70.6 V 69.7E
[09:46] {Threei}  Wal-Mart Stores Inc CEO: US consumers face "serious inflation" in the months ahead - USA Today (update)
[09:46] {Threei}  - Walmart is seeing cost increases starting to come through at a pretty rapid rate.
[09:46] {Threei}  - Labor costs in China and fuel costs for transportation are weighing heavily on retailers.
[09:46] {Threei}  - Every single retailer has and is paying more for the items they sell, and retailers will be passing some of these costs along.
[09:46] {Threei}  - Major retailers such as Wal-Mart are the best positioned to mitigate some cost increases.
[09:46] {Threei}  SLB is holding well
[09:47] {jfjf64} yes
[09:47] {Threei}  finally FCX
[09:47] {Threei}  out .65
[09:47] {jfjf64} aggressive entry
[09:47] {jfjf64} ?
[09:48] {Threei}  SLB? nah, very strong 95 offer
[09:48] {Threei}  try to grab last shares at it
[09:48] {Threei}  when it melts down
[09:48] {Threei}  with limit about 3 cents above
[09:49] {strider} ,95 long
[09:49] {strider} }?
[09:49] {jfjf64} dont lk bolinger band coming dn
[09:49] {Threei}  with these huge walls at the important resistance, if not taken stock tends to drop fast, trapping aggresive entries
[09:49] {Threei}  $95 strider
[09:49] {strider} k
[09:49] {Threei}  no point
[09:50] {Threei}  fine or otherwise
[09:51] {Threei} Long Setup:  SLW  .50 break if stays above .40
[09:51] {nemo} oh crist...forgot about mkc from yesterday out .66
[09:51] {Threei}  early onset of Alzheimer?
[09:52] {nemo} buck on half shares
[09:52] {nemo} rimm bottomless
[09:54] {Threei}  looks bouncy
[09:56] {Threei}  LUNA
[09:56] {Threei}  rambler.. your kind
[09:56] {Threei}  Luna Innovations, Inc. Luna Innovations and Intuitive Surgical extend relationship through 2011- has agreed with Intuitive Surgical, Inc. (NASDAQ:ISRG), to extend its development efforts under its development and supply agreement with Intuitive towards further integrating Lunas shape sensing technology into Intuitives products.
[09:56] {Threei}  momo
[09:58] {ese} la luna e bello  ehhhhh!!!!
[09:58] {Threei}  what's with foreign languages today
[09:58] {Threei}  I am about to switch to Russian
[09:59] {nemo} factory orders coming
[09:59] {Threei}  LVS is getting killed
[10:00] {Threei}  (US) FEB FACTORY ORDERS: -0.1% V 0.5%E
[10:00] {ese} my wife and i study Italian every wednesday night
[10:00] {RonS} snagged luna .60 to .90  thanks guys
[10:00] {dino}  gj
[10:00] {RonS} omg
[10:01] {ese} that would fun for a day vad....can see it now......."wha da ya mean sell.....crap i thought that meant buy!!"
[10:01] {RonS} ese, what's his name?...
[10:01] {jfjf64} slb
[10:02] {Threei}  nice ron
[10:02] {ese} good none ron....nervy.....well done
[10:02] {nemo} wow gold
[10:02] {Threei}  you caught it jf?
[10:03] {jfjf64} nope
[10:03] {Threei}  ok... see why "reasonable shares" comment?? :)
[10:04] {nemo} oy frickin vay
[10:04] {jfjf64} yes
[10:04] {RonS} ya know w/ the isrg freaks this luna could really go
[10:04] {Threei}  what the deuce?
[10:04] {Threei}  SPY, GLD
[10:05] {ese} see.....nemo and vad....those are other languages....cool!
[10:05] {nemo} [10:02] {nemo} wow gold
[10:05] {Threei}  babilon comes to mind
[10:06] {Threei}  babylon too
[10:06] {RonS} baboon too
[10:06] {nemo} leave vad's kids out of it
[10:06] {RonS} hehe
[10:06] {Threei}  hey
[10:08] {ese} L tsla .53 sm
[10:08] {Threei} Short Setup: RIMM  .10 break
[10:08] {rambler} LUNA does look good Vad...
[10:09] {Threei}  if stays under .20
[10:09] {Threei}  way late rambler... was available at .34 at the time of alert
[10:09] {Threei}  2.34
[10:09] {dino} kmx sm l .10
[10:10] {rambler} getting teens out of bed.....missed it
[10:10] {ese} 3 am this morning morgan stanley gives it the over wieght target of 70 bucks.....its a 27 dollars stock...but the market is stupid enough to buy into it
[10:14] {Threei}  Boeing Co WTO issues ruling that Boeing did receive illegal subsidies from the US Govt
[10:14] {Threei}  BA no reaction at all
[10:14] {ese} out tsla .88 +.35 on 300shs......man that felt like dino through and through
[10:14] {RonS} been going on for 50 years
[10:15] {gregns} thks dino, kmx
[10:15] {dino} out kmx .40, +.30
[10:15] {ese} see....what did I tell ya
[10:15] {dino} gj greg
[10:16] {gregns} .13 to .45,, w / partial
[10:17] {RonS} dang, just missed a classic sohu break...
[10:17] {dino} mtor
[10:20] {RonS} is there a twin, tvee?
[10:21] {nemo} MON
[10:22] {Threei} Long Setup:  CAT  .80 break
[10:22] {ese} L vale .28
[10:23] {Threei}  if stays above .70 scalpers, .65 day traders
[10:24] {nemo} careful, just got shaken out in MON
[10:25] {strider} you in,vad?
[10:25] {Threei}  yes, it triggered
[10:28] {ese} out vale .33 +.05
06[10:30] * Threei kicks CAT in the rear
[10:30] {Threei}  hah... did I mix rear and front?
[10:31] {dino} gdi spike
[10:32] {dino} mtor sm l .25
[10:33] {dino} gbx sm l .50
[10:33] {gregns} lvs break of .30 ?
[10:33] {nemo} breaks becoming iffy
[10:34] {Threei}  can't tell really, LVS
[10:34] {gregns} tks
[10:35] {Threei}  can I change my answer?
[10:35] {gregns} cmon , kitty cat
[10:35] {gregns} yup, but it doesn't help
[10:35] {Threei}  why
[10:35] {Threei}  pullback
[10:35] {Threei}  conservative entry
[10:36] {Threei}  btw, CAT stop to .70, scalpers or not
[10:37] {Threei}  see LVS?
[10:37] {Threei}  1:1 on conservative
[10:37] {dino} kmx sm l .05
[10:37] {gregns} yes
[10:37] {strider} 1st target .90 or .95 cat?
[10:37] {Threei}  good questiin
[10:38] {Threei}  let's make .92
[10:38] {Threei}  hit
[10:38] {Threei}  half out
[10:38] {strider} t
[10:39] {strider} yeah
[10:39] {Threei}  stop to .75
[10:41] {rambler} dino , check out daily on CDTI
[10:41] {dino} euphoric
[10:42] {dino} one more spike imo
[10:42] {dino} to .60s
[10:42] {Threei}  offer 1/4 more just above 112
[10:43] {dino} mtor .50 wall
[10:44] {dino} hammer to ice
[10:50] {nemo} took the break of .50 mtor stopped .39 -.14
[10:51] {dino} .50 is a b*th
[10:54] {Threei}  mystery of life that I hope someone one day will be able to explain to me
[10:55] {Threei}  how does someone registers for a trial with username, say abcd, tries to connect as qwer, send angry e-mail when can't connect, and having received explanation asks what the room is for?
[10:56] {RonS} sounds like strider, the early days...:D
[10:56] {nemo} gmcr
[10:57] {strider} new question now:
[10:57] {strider} what is Ron for?
[10:57] {Threei}  lol
[10:57] {RonS} lol
[10:57] {gregns} early days ?
[10:57] {Threei}  lol
[10:58] {dino} cdti, missed
[10:58] {Threei}  another one:
[10:58] {ese} L apo .46
[10:58] {Threei}  registers for a triel, connects for about 2 minutes, goes away, sends e-mail: cancel my service, I couldn't understand anything
[10:59] {Threei}  since there is nothing to cancel, no action follows
[10:59] {ese} ya got yer small investment dere
[10:59] {Threei}  but the next day anoter e-mail comes: I requested cancel the service, why no response?
[11:00] {Threei}  haveing been explained that there is nothing to cancel, guy goes in total rage: what kind of trap is it?
[11:00] {Threei}  makes for great dinnertime stories
[11:01] {dino} the joys of dealing w/the public
[11:01] {RonS} ...well, we were raised not to trust Russians and some never got over it...:)
[11:01] {Threei}  hey, me too
[11:01] {RonS} oh ya...forgot about that...
[11:02] {nemo} gmcr
[11:02] {Threei}  last russian I trusted ended up marrying me... never since then
[11:02] {ese} rotflol.....
[11:02] {RonS} that is funny
[11:03] {dino} 3 rings of marriage, engagement ring, wedding ring, suffering
[11:03] {Threei}  lol
[11:03] {dino} out gbx flat
[11:04] {dino} did not like break of .50
[11:05] {dino} tricked me
[11:07] {Threei}  US) Speaker of the House Boehner: not too interested in making a budget deal with moderates that would excludes conservative allies
[11:07] {Threei}  (EU) ECB's Wellink: It is not the ECB's responsibility to fix issues in banks' finances- Notes that some Ireland banks will need to shrink or merge
[11:09] {dino} out mtor .55, +.30
[11:10] {Threei}  nice
[11:10] {ese} nice dino
[11:10] {RonS} in kmx .96
[11:11] {dino} ty
[11:12] {dino} push it up for me ron
[11:12] {RonS} nedd ese size for that...
[11:12] {RonS} need
[11:12] {dino} lol
[11:16] {ese} for what?
[11:16] {ese} apol?
[11:16] {Threei}  KMX
[11:17] {Threei}  will be easier to decipher your messages if you capitalize symbols, guys
[11:17] {jfjf64} naaa
[11:17] {jfjf64} LOL
[11:17] {ese} ahhhhhh i got it
[11:18] {ese} ha ha ha ha
[11:18] {Threei}  whatever.. :) but I did kick KMX for ya
[11:20] {dino} vad always making rules, reminds me of a politician :O
[11:20] {ese} ouuuuuuuuu.......duck!
[11:20] {Threei}  just one dino... no broccoli
[11:20] {Threei}  the rest is free will
[11:21] {ese} hmmmmmmmm  and thats the good stuff health wise
[11:21] {strider} come down south, vad...there's a freewill broccoli church here.
[11:22] {Threei}  that's not an argument with me ese...
[11:22] {strider} and we always serve bacon with broccoli.
[11:23] {Threei}  that sounds fine - just keep broccoli and I am there
[11:23] {nemo} oops, was gonna say TSLA short
[11:23] {Threei}  bacon alone served by pretty females does it
[11:24] {strider} human females?
[11:24] {Threei}  sirens of Titan will do
[11:25] {strider} I'll have my "people" take care of that.
[11:25] {strider} they're used to hearing sirens.
[11:25] {RonS} lol
[11:27] {strider} FCX?
[11:28] {Threei}  looks long to me here
[11:28] {Threei}  with .30 support for stop
[11:30] {dino} semg drop
[11:33] {dino} sm l .75
[11:34] {RonS} semg sm l .80
[11:34] {nemo} quite the spread
[11:35] {dino} yeah
[11:35] {nemo} wonder if it makes sense to let the spread close
[11:35] {nemo} got support just above .50
[11:36] {dino} closed
[11:37] {nemo} really, look at that
[11:37] {strider} FCX now dbl bot
[11:38] {Threei}  seems market droped on this:
[11:38] {Threei}  *(IR) IRISH BANK STRESS TESTS RESULTS: BANKS NEED 24B; Irish Life needs 4B, Allied Irish needs 13.3B, EBS requires 1.5B, Bank of Ireland needs 5.2B- Calls for banks to raise the capital between 2011 and 2013
[11:38] {Threei}  which amazes me... did traders really think EY crisis was over?
[11:39] {nemo} nest support just below .25 on semg
[11:39] {dino} semg stopped -.27
[11:40] {dino} nothing matters 3i
[11:40] {dino} until tomorrow
[11:40] {Threei}  what's tomorrow?
[11:40] {dino} nemo nail .25 sup
[11:40] {dino} tomorrow... it never comes
[11:41] {nemo} see the two tests after the long wick on the daily
[11:41] {dino} y
[11:42] {nemo} I figured that was stronger than the long wick, not sure this will hold though
[11:42] {Threei}  how very Zen
[11:42] {nemo} there is only now
[11:43] {dino} when you have correct answer, let me know
[11:43] {nemo} who you talking to?
[11:43] {nemo} or to whom are you speaking?
[11:43] {dino} u
[11:44] {dino} mtor pullback
[11:47] {Threei}  FCX like charm
[11:48] {nemo} nes support under .10 on semg
[11:48] {nemo} short until 27.80
[11:49] {strider} you enter FCX  after dbl bot or before?
[11:51] {dino} computer crashes
[11:51] {Threei}  .42, right when answered your question
[11:51] {Threei}  [11:27] {strider} FCX?
[11:51] {Threei}  [11:28] {Threei} looks long to me here
[11:51] {Threei}  [11:28] {Threei} with .30 support for stop
[11:52] {strider} shoiuld have stopped out then, no?
[11:53] {Threei}  ?
[11:53] {Threei}  it never lost .30
[11:53] {Threei}  oh wait... that was first trade
[11:53] {Threei}  second one I missed
[11:56] {rambler} bot SYMX  2.84   stop 2.68
[11:57] {nemo} TCK VAD
[11:58] {Threei}  .15 break short
[11:58] {RonS} out kmx .24 +.34
[11:59] {dino} gj, still in
[11:59] {strider} stop tck?
[11:59] {Threei}  above .25
[12:00] {dino} semg drop
[12:04] {nemo} around 27.80 dino
[12:04] {dino} lol waiting at 27.10
[12:05] {nemo} that would be the next level for me
[12:06] {dino} .80 held so far
[12:06] {nemo} could be a weigh station to short into
[12:07] {nemo} or is that way station
[12:07] {dino} dk
[12:08] {nemo} corn went limit up today after the crop report
[12:10] {rambler} MCZ trying to break res at 2.09/.10....
[12:10] {RonS} opened limit up btw
[12:10] {ese} apo stopped .28 -.18
[12:14] {Threei}  TCK 1:1
[12:18] {nemo} guess we should split the difference on semg, Dino
[12:19] {dino} yeah, only thing i think is sm l break of .00, that was resis
[12:20] {dino} but takes cajones
[12:20] {dino} giddy up
[12:20] {ese} L optr .63
[12:21] {ese} opps .64
[12:21] {nemo} well, it's lunch time on a weird frickin' day, not sure breakouts are the play
[12:21] {nemo} volume coming in
[12:22] {dino} trades w/air pockets
[12:22] {ese} would agree with you nemo
[12:22] {dino} .15 wall
[12:23] {nemo} yeah, looking for dramamine as we speak
[12:25] {Threei}  (EU) ECB's Noyer: Monetary policy not influencing refinancing costs for Euro zone countries
[12:25] {Threei}  - Calls for Portugal to continue to fix its budget issues; the larger EFSF and IMF roles can handle any situation that could come up in the EMU
[12:25] {Threei}  any?
[12:25] {Threei}  that remains to be seen
[12:26] {Threei}  wow... MSFT accuses GOOG of antitrust violations
[12:27] {Threei}  never thought I'd live to see that MSFT accuses anyone of that
[12:30] {dino} mtor lod
[12:32] {davd} like BP accusing Union Carbide of pollution
[12:32] {ese} that is a wow
[12:33] {Threei}  or Ghadafi accusing Mubarak of human rights violation
[12:34] {Threei}  no? ok... Ukraine accusing Belarus of corruption?
[12:34] {Threei}  and Russia deciding their argument?
[12:35] {Threei}  whatever... going back to sleep... I don't like you lot
[12:35] {Threei}  girls excluded
[12:40] {dino}  wow mtor
[12:40] {nemo} everybody selling the ipo
[12:42] {dino} out semg .30 +.30
[12:42] {dino} ipo?
[12:43] {nemo} Why can't I get more than 2 day's of charts
[12:43] {dino} not motr
[12:43] {nemo} [12:41] {dino}  wow mtor
[12:43] {dino} not ipo
[12:43] {nemo} mhhhh, only have two days of data
[12:43] {dino} ok
[12:44] {dino} tough to trade that way
[12:44] {nemo} doesn't even come up on FreeStockCharts
[12:44] {dino} break .25 may go
[12:47] {dino} giddy up
[12:48] {dino} ugh semg
[12:50] {dino} out mtor .60, +.35
[12:51] {dino} taking break
[12:54] {rambler} bot MELA to swing...3.54   stop 3.40
[12:58] {rambler} JDSU pops on vol...
[12:59] {ese} out optr .83 +.20
[13:01] {nemo} like FCX short here?
[13:02] {Threei}  if market reverses, sure
[13:04] {nemo} market not going
[13:04] {dino} gj es
[13:05] {Threei}  (EU) Sources say the EU Commission is considering a ban on US-issued credit ratings - Handelsblatt
[13:05] {Threei}  - According to sources, the EU Commission's reform of ratings agencies would require all ratings to be of comparible quality and eliminate conflicts of interest.
[13:05] {Threei}  yup.. let's rearrange the chairs on the deck... maybe Titanic stops sinking then
[13:07] {dino} waiting for the evil speculatrs speech to make the rounds
[13:08] {Threei}  oh yeah, we forgot about those lately
[13:09] {dino} give it time
[13:09] {dino} mbnd
[13:10] {dino} semg drop
[13:11] {Threei}  you took that FCX short nemo?
[13:12] {nemo} no, it triggered before the market started to follow
[13:12] {Threei}  yeah, thought so... demanded too much conviction
[13:12] {Threei}  or too much recklessness
[13:13] {nemo} yeah...and I've been rinsed to death today
[13:13] {dino} hate that
[13:13] {nemo} Yeah, one step early
[13:14] {nemo} having said that if I had cajones, short mcop here
[13:14] {nemo} mcp
[13:15] {nemo} of course, since I'm not going to , it should work great
[13:16] {strider} fcx now?
[13:16] {strider} or not...dbl bot
[13:16] {dino} out kmx .35, +.30
[13:25] {nemo} yeah, would have been rinsed on mcp
[13:26] {rambler} out SYMX  +.16
[13:27] {rambler} out HYGS +.52
[13:27] {Threei}  kicking butt eh
[13:27] {rambler} so far so good...
[13:27] {dino} gj rambler
[13:28] {rambler} tks
[13:32] {RonS} brb...changing diapers...semg +.30 ave ese size
[13:32] {Threei}  lol
[13:35] {dino} gutsy size
[13:38] {Threei}  hence the diapers
[13:38] {dino} pool drop
[13:38] {dino} and bounce
[13:38] {RonS} no water?
[13:39] {Threei}  no, they promised to pour water in only after divers practice dry run for a day
[13:40] {RonS} heard the O went through that training...
[13:40] {Threei}  watching X
[13:40] {Threei}  pulling back to support
[13:41] {Threei}  closer to .50, if we get lucky
[13:44] {kschun} what shit was that...
[13:44] {kschun} ?
[13:44] {Threei}  hey... ladies here
[13:45] {nemo} Haltz Mowl
[13:45] {kschun} sorry, all o.k.
[13:45] {kschun} please excuse!
[13:45] {kschun} :-) Nemo
[13:45] {RonS} and i thought the swiss had no navy...
[13:45] {kschun} X long vad?
[13:45] {nemo} rubber duckies they float in Lake Geneva
[13:46] {kschun} lol
[13:46] {RonS} lol
[13:46] {nemo} boy, was that rinse in MON painful looking at it now
[13:46] {Threei}  I'd like to see SPY turning up to grab X
[13:46] {Threei}  but the idea is here,
[13:47] {kschun} o.k.
[13:47] {Threei}  it pulled back ionto support, bounce canddidate now
[13:47] {kschun} market and internals divergence
[13:47] {nemo} What, market up internals down?
[13:48] {RonS} headline of the day: radioactive milk tastes good
[13:48] {dino} lol
[13:48] {nemo} yeah, if you wake up in the middle of the night, you don't have to turn on the kitchen light to pour it
[13:49] {Threei}  lol
[13:49] {RonS} rotflol
[13:49] {nemo} can't trade for fecal matter today, at least the one-liners are o.k.
[13:49] {rambler} AVL pops on vol
[13:50] {strider} how much fecal matter you want....I'll trade with you.
[13:50] {Threei}  that of course on top of the idea that anyone who wakes up in the middle ofthe night to drink milk, deserves to drink one emanating soft blue light
[13:50] {RonS} where ya been k?: Letter Bomb Explodes in Office of a Nuclear Power Facility in Switzerland
[13:50] {nemo} well, that would be cobalt then
[13:50] {kschun} heavy stuff ron...
[13:51] {nemo} that's exciting for Switzerland
[13:52] {kschun} nope, happens every day :-)
[13:52] {nemo} oh, you must live in Bern
[13:52] {kschun} not far from it
[13:53] {nemo} mos interesting
[13:54] {kschun} stopped on X, tried to play the bounce too early.
[13:54] {Threei}  (IR) Finance Minister Noonan: stress tests are credible and Ireland only has a small amout of credibiity left
[13:54] {Threei}  - debt to deposit ratio is far too big
[13:55] {Threei}  told you wait for SPY
[13:55] {kschun} yep, there was no reason to play it. just could not leave it...
[13:55] {rambler} bot LUNA to swing...2.60  stop 2.49
[13:55] {nemo} MOS dropped Pot should follow
[13:55] {nemo} not much room to support though
[13:56] {kschun} but easy, if I must learn patience like that, I am o.k. with it. Just have to learn from it
[13:57] {kschun} oh and "not far from it"... sorry guys, nothing is from from anything in Switzerland :-)
[13:57] {RonS} gj rambler...big bids coming in...
[13:57] {nemo} ?
[13:57] {ese} had enough for the day all hard to find anything....cya tomorrow  
[13:57] {Threei}  take care ese
[13:58] {kschun} take care
[13:58] {ese} vad K
[13:59] {rambler} out LUNA +.20    took the scalp....
[14:01] {dino} mbnd sm l .65
[14:01] {kschun} nice one rambler
[14:02] {Threei}  X looks ready
[14:02] {rambler} tks...could be more in it...
[14:04] {dino} gj rambler, nice day
[14:05] {rambler} thanks dino, I needed a good one....
[14:06] {nemo} TCK
[14:08] {dino} :)
[14:13] {Threei}  (LB) More senior Libyan officials are seeking to defect - Sky News
[14:14] {Threei}  they phoned the newspaper office?
[14:14] {strider} X long .40 break?
[14:15] {Threei}  looks right to me
[14:15] {kschun} feels right
[14:15] {Threei}  and if pulls back closer to .30, I'd even take aggresive entry
[14:18] {strider} whaat the diddle with spy?
[14:19] {nemo} resistance
[14:20] {kschun} I hope up but it feels down...
[14:20] {kschun} hate to use hope...
06[14:21] * strider slaps kschun around a bit with a large cardboard cutout of Barbra Streisand
[14:21] {kschun} :-) lol - oh not her man  :-)
[14:21] {kschun} please ... :-)
[14:25] {rambler} gotta run....boat chores await.....thanks Vad, cya all...
[14:25] {Threei}  take care rambler
[14:25] {kschun} great eve rambler!
[14:25] {dino} wtg rambler
[14:29] {dino} kmx sm l .90
[14:31] {nemo} this line in sand for spy
[14:33] {kschun} funny again, was about 90% sure market would go down but traded long... nothing to add
[14:38] {kschun} is X forming some sort of inverted head and shoulders?
[14:39] {davd} nice call on x 3i
[14:39] {Threei}  took it off .30?
[14:40] {davd} yes
[14:40] {Threei}  :)
[14:40] {kschun} 2:1 almost, nice job davd!
[14:40] {dino} out kmx .20, +.30
[14:51] {kschun} nice trade on kmx dino, todays hit-ratio for my statistics? :-)
[14:51] {dino} semg
[14:51] {dino} ty
[14:52] {dino} 6/8 with 9th open
[14:54] {kschun} :-) - great man!
[14:54] {dino} lucky
[14:54] {kschun} consistently :-)
[14:54] {nemo} Dino, what did I tell you about that!!!
[14:55] {kschun} so no porblem with your luck my friend :-)
[14:55] {dino} noticed you had some luck nemo, mkc
[14:56] {nemo} lucky I forgot I had it and it was up this morning...yeah
[14:56] {dino} ;)
[14:56] {nemo} having said that dino, it all evened out
[14:57] {dino} indeed
[14:57] {nemo} yeah no sound during flatulation today
[14:58] {patience} never a dull moment here
[14:59] {nemo} arguably colorful
[14:59] {strider} yeah, that's what nemo does for excitement
[14:59] {Threei}  what's got into RIMM
[14:59] {nemo} iwm going to break jeez
[14:59] {nemo} comin' from the hillbilly wtf
[15:00] {Threei}  nemo better refrain from colored food:
[15:00] {Threei}  FDA panel: No causal relationship established between artificial food dyes and hyperactivity in children
[15:00] {Threei}  - Note: A study this week widely circulated claimed to have established a link between hyperactivity and food dyes
[15:00] {nemo} My picture is under the definition
[15:00] {kschun} :-)
[15:00] {nemo} think X short here?
[15:01] {Threei}  can't tell, it lost synch with market
[15:01] {nemo} spy looks short
[15:02] {kschun} agree nemo, just no volume on this little up-move
[15:02] {RonS} bailing now due to quarter's end and w/ a good day in pocket...cya dudes and dudettes...;)
[15:02] {Threei}  take care ron
[15:02] {dino} gj ron
[15:02] {nemo} you didn't say bye to sneeze
[15:05] {kschun} no clue about which direction and doesn't find anything interesting to trade
[15:05] {dino} qihu gives back
[15:05] {nemo} lVS
[15:06] {Threei} Short Setup: RIMM  .80 break
[15:07] {Threei}  just a scalp
[15:07] {nemo} LVS launched
[15:08] {Threei}  US Coast Guard now responding to reports of a oil and gas line rupture in Louisiana following dredging activities, No reports yet of oil leaking - Pipeline said to belog to El Paso Corp.
[15:10] {dino} great, obamination will halt all oil in gulf again
[15:13] {Threei}  RIMM stop .86
[15:13] {kschun} RIMM should work, dont think it can hold this level
[15:14] {kschun} market should help this play
[15:16] {nemo} Q's holding
[15:17] {kschun} my cumulative TICK also showing strength... weird day so far...
[15:17] {nemo} matches your personality
[15:17] {nemo} weird ticks
[15:18] {kschun} Du mich auch :-)
[15:18] {nemo} Na ja
[15:19] {kschun} but still confident, remember: vad hit-ratios are extremely lucky all the time  :-)
[15:20] {Threei}  hey, my first trade today was a loser
[15:20] {kschun} if in the past we went out with friends for hitting on girls I must say his hit-ratio still better then my pasts one :-)
[15:20] {kschun}  ones...
[15:20] {kschun} don't interupt :-) LOL
[15:20] {nemo} ah hem...Ich glaube Glueck is nicht ein gute Wort.
[15:20] {kschun} you are the best, belive it or not :-)
[15:20] {Threei}  my fault actually... why try and be cute by going long SLW when on every fence big letters say "first trade of the day is short SLW"
[15:20] {kschun} right nemo :-)
[15:21] {Threei}  RIMM baby
[15:21] {kschun} nice man!!!
[15:21] {Threei}  out
[15:21] {kschun} stop .71
[15:21] {kschun} remaining 1/4
[15:22] {kschun} got hit... sh*. great play vad!
[15:22] {Threei}  thatw as very weird stop trailing
[15:23] {Threei}  way too tight
[15:23] {kschun} agree on this, was confused :-) - happens sometimes
[15:24] {kschun} esepcially when nemo is there and I have to read what he writtes in german :-)
[15:24] {nemo} besser als Bayerisch
[15:24] {kschun} wanted to take .76 before and then target at .63 and trail to .66
[15:24] {kschun} better doing next time
[15:25] {kschun} there you are right my friend :-) nemo
[15:25] {kschun} but bayern is the only acceptable econmical region in germany, so they have my sympathies.
[15:26] {kschun} münchen should join switzerland
[15:26] {nemo} Yeah, 28 paid holidays and six weeks vacation aren't bad either
[15:27] {nemo} They get Catholic holidays off I had never heard of
[15:27] {nemo} MON looks week
[15:27] {strider} do they have national pederasty day there, nemo?
[15:28] {strider} official catholic holiday
[15:28] {nemo} your favorite holiday
[15:29] {kschun} vad's hit-ratio really is confusing me... everytime I take one of his trades I have problems to keep my stops because hit-ratio is so high...
[15:29] {kschun} don't have this problems with my trades... :-)
[15:29] {nemo} that makes no sense to me
[15:29] {Threei}  hmm?
[15:29] {Threei}  really
[15:30] {gregns} X?
[15:30] {Threei}  what does it mean?
[15:30] {strider} stuff it, ks
[15:30] {nemo} FSLR two way here
[15:30] {Threei}  54 break was it greg... didn't watch at the time
[15:30] {kschun} took 1:1 in OPEN
[15:31] {kschun} your hit-ratio makes me sick - that it means :-)
[15:31] {kschun} no, was kidding.
[15:31] {kschun} it means stops are "the" most important part in trading
[15:31] {Threei}  well, that's OK... I am not your doctor anyway
[15:32] {dino} got booted again
[15:32] {dino} bus stop calls, gonna call it a day, too many crashes. out mbnd .74, +.10
[15:32] {nemo} if you took fslr on short trigger 1:3
[15:32] {dino} thx all
[15:33] {kschun} great eve dino, thanks !
[15:33] {kschun} great job man!
[15:33] {nemo} Yeah, I'm off cya morgen
[15:33] {dino} thx, gn
[15:33] {Threei}  take care nemo
[15:33] {kschun} great eve nemo!
[15:36] {strider} there goes rimm
[15:45] {kschun} market??
[15:46] {Threei}  (US) Fed's Kocherlakota: Higher short-term rates possible later this year; Core inflation to rise to 1.3% by end of 2011- Fed funds rate may rise as much as 75bps in late 2011
[15:46] {Threei}  no idea what lkillled it
[15:46] {Threei}  this comment couldn't be it
[15:52] {kschun} 1:2 in WTW
[15:54] {kschun} oh boy, could have been much more, but trade was o.k.
[15:54] {kschun} market drop hold it back
[15:54] {Threei}  nervous market today
[15:55] {kschun} quite heavy down volume
[15:56] {kschun} up-vol minus down-vol = new low
[15:58] {kschun} o.k. gona call it a day. great eve guys, thanks all, thanks vad! looking forward seeing you all tomorrow!
[15:58] {Threei}  thank you all
[15:58] {Threei}  have a great evening, see you tomorrow

Mar 30 2011

With 4 wins and 1 stop, nothing to complain about - except very boring second half of the day. Activity was all concentrated in the morning.

Session Time: Wed Mar 30 00:00:00 2011
[08:50] {Threei}  (LB) Libya govt says it will take legal action against any energy company that signs an oil deal with eastern rebels- NOTE: the facilities within rebel controlled territory have the capacity to produce several hundred thousand barrels per day.
[09:10] {dino} gm all
[09:11] {Threei}  dino :)
[09:11] {nemo} gap up, what a surprise
[09:14] {ese} mornin
[09:15] {Threei}  ese :)
[09:15] {RonS} howdy all
[09:15] {Threei}  Ron :)
[09:17] {ese} ron
[09:19] {davd} good call nemo
[09:19] {larisa} gm :)
[09:21] {Threei}  larisa :)
[09:21] {larisa} vad :)
[09:26] {jfjf64} mornin
[09:26] {Threei}  jf :)
[09:27] {strider} whatccha watchin, vad........besides SLW?
[09:27] {Threei}  just wanted to say,
[09:27] {Threei}  don't see any clear play for the open
[09:27] {Threei}  even traditional SLW short is not that clear
[09:28] {Threei}  although I of course watch it
[09:28] {strider} fcx breaking up
[09:29] {rambler} morning
[09:30] {Threei}  rambler :)
[09:30] {Threei} Short Setup: SLW  .90 break half lot
[09:31] {rambler} out avl  .20
[09:31] {Threei}  44.05 stop
[09:32] {Threei} Short Setup: X  .30 break
[09:32] {Threei}  half lot
[09:32] {Threei}  if stays under .45
[09:33] {Threei}  X 1:1
[09:34] {Threei}  1:2, out
[09:34] {Threei}  SLW half out
[09:34] {Threei}  stop to .95
[09:36] {Threei} Short Setup: FCX  .90 break
[09:36] {nemo} yeah right
[09:36] {Threei}  SLW 1/4 more out
[09:37] {Threei}  see if FCX gives second chance
[09:37] {jfjf64} slw  ty
[09:37] {Threei}  :)
[09:37] {Threei}  in FCX
[09:38] {Threei}  .88
[09:38] {jfjf64} missed
[09:38] {strider} stop?
[09:38] {Threei}  above 55
[09:40] {Threei}  1:1
[09:40] {Threei}  half out
[09:41] {Threei}  1:2, 1/4
[09:41] {Threei}  b/e stop
[09:43] {Threei}  1 cent shy of 1:3
[09:43] {Threei}  missed cover
[09:43] {Threei}  stop to .76
[09:43] {Threei}  SLW baby
[09:43] {Threei}  out in full .60
[09:45] {Threei}  FCX starts looking like reversal
[09:45] {Threei}  with .76 long trigger
[09:45] {dino} sm l ahgp .01
[09:45] {Threei}  nope, lost .65 support
[09:45] {Threei}  1:3
[09:45] {Threei}  out
[09:46] {Threei} Long Setup:  SLW  .60 break
[09:46] {Threei}  if stays above .50
[09:48] {Threei}  scalp only
[09:48] {nemo} fcxsupport
[09:48] {Threei}  let's scratch SLW
[09:49] {Threei}  something's killed SPY
[09:49] {nemo} Qs breaking down
[09:49] {Threei}  Alternative fuel stocks trading higher this morning ahead of President Obama's speech laying out energy goals
[09:49] {Threei}  - Obama is expected to speak later this morning and set new energy goals including a goal to reduce oil imports by one third over the next ten years. Speech scheduled at 11:20ET.
[09:51] {RonS} utter bs
[09:51] {Threei}  sure
[09:51] {Threei}  uless they seriously go for nat gas
[09:51] {Threei}  which they won't
[09:55] {Threei}  SLW worked after all
[09:55] {dino} thats the only logical answer
[09:56] {Threei}  awww... 1:2
[09:56] {Threei}  should have stuck to my guns
[09:56] {ese} this could be huge Research in Motion Ltd Blogs speculate that Blackberry Messenger could be launch on the Apple iTunes app store soon- Reports cite comments by RIMM co-CEO Jim Balsillie at a social media conference today in Toronto"
[09:57] {dino} skx leftiver to .31
[09:57] {Threei}  I didn't see much reaction ese... so skipped it
[09:57] {ese} me either
[09:57] {Threei}  news is out for 7 min,
[09:57] {Threei}  and blog post - longer than that
[09:57] {jfjf64} rig  lower
[09:57] {jfjf64} ?
[09:58] {Threei}  too far from support jf
[09:58] {Threei}  maybe if consolidates closer to .50
[10:00] {dino} skx to .41
[10:00] {ese} MAGS????? ICE!!!!!!! where are ya when we need ya.........blackberry app on itunes......need your comments
[10:00] {strider} cat?
[10:00] {rambler} check out VHC,....
[10:01] {dino} he'
[10:01] {dino} is away
[10:01] {nemo} apkt dino
[10:01] {rambler} what a week for that stock...
[10:01] {dino} 10 pts
[10:02] {Threei}  wow SLW
[10:02] {Threei}  can I have that .60 entry back?
[10:02] {nemo} fcx too
[10:02] {dino} skx to .51
[10:03] {ese} just when ya need the guy.......wha does he go and do.......takes a holiday
[10:04] {Threei}  disgusting really
[10:04] {dino} or really disgusting
[10:04] {dino} out skx .59, +.59
[10:05] {Threei}  nice
[10:05] {dino} lucky overnighter
[10:05] {Threei}  let's see if SLW is topping here
[10:06] {dino} acxm blood
[10:06] {Threei} Short Setup: SLW  .15 break
[10:06] {Threei}  if stays under .25
[10:06] {rambler} bot REDF  8.10    stop 7.90
[10:08] {Threei}  (IR) Ireland Fin Min: cancel planned sale process for EBS Building Society as bids were not commercially attractive
[10:08] {Threei}  1:1
[10:08] {Threei}  1:2
[10:09] {Threei}  pure unbridled beauty
[10:09] {RonS} caught slw s .16 to .04 thxs 3i
[10:09] {Threei}  :)
[10:10] {strider} cat short?
[10:11] {dino} ahgp stopped -.30
[10:11] {dino} algn sm l .75
[10:11] {Threei}  I don't see it strider
[10:11] {strider} k thx
[10:11] {nemo} cat looking long, and near jesterday close
[10:12] {nemo} but trend is down, short at retrace
[10:12] {strider} and on the other hand...
[10:12] {nemo} just giving you my view of probabilities
[10:12] {strider} there's 4 fingers and a thumb
[10:12] {strider} :)
[10:12] {nemo} ahhhh...the old opposable thumb activity
[10:13] {strider} forgot you're not familiar with that concept.
[10:13] {nemo} I have willing volunteers
[10:14] {gregns} slw again?
[10:14] {strider} no comment
[10:14] {Threei}  dropped off .20 without giving a chance greg
[10:15] {Threei}  ida was there
[10:15] {gregns} you were looking though , eh?
[10:15] {Threei}  yes
[10:15] {Threei}  typical double top
[10:16] {Threei}  ida = idea
[10:16] {Threei}  if goes there third time, no short entry
[10:16] {strider} vowels are optional in threeish
[10:16] {Threei}  will rather look for breakout
[10:17] {Threei}  so are consonants
[10:17] {Threei}  remember yesterday's breaout
[10:18] {gregns} i think it was breaoutish, eh
[10:18] {Threei}  yup
[10:18] {nemo} see cat
[10:19] {nemo} see cat rise
[10:19] {Threei}  see cat shine
[10:19] {nemo} gmcr volume
[10:20] {nemo} if it drops .95 look for short, pivot is .73
[10:21] {nemo} makes for a half lot short with stop above .10
[10:21] {nemo} of course, I could be full of it, it's potentially at a long turn also if price moves above that high volume candle
[10:21] {rambler} ovti at support
[10:21] {RonS} algn acting like a beaut...in .82  tgt 20.18
[10:22] {nemo} oy, drops .50 looks like .10 rambler
[10:22] {Threei}  heh... some al Qaeda influence is spotted among Libya rebels
[10:22] {RonS} tatoos?
[10:22] {Threei}  coupled with yesterday's statement that administration is looking into arming them...
[10:23] {RonS} we already arm them via Saudi oil purchases...let's cut out the middleman
[10:23] {nemo} frankly, if we just obliterate Iran, it'll solve alot of problems
[10:24] {dino} giddy-up ron
[10:24] {nemo} think gmcr looking long above .02
[10:24] {Threei} Long Setup:  RIMM  .20 break
[10:24] {jfjf64} ton share
[10:25] {Threei}  invalidated
[10:25] {nemo} markets dropping
[10:25] {Threei}  34,000 Tylenol bottles recalled for musty smell
[10:26] {Threei}  never tried to smell them... maybe I should
[10:26] {RonS} lol
[10:27] {strider} hal?
[10:27] {nemo} above .40 strider?
[10:27] {strider} y
[10:28] {Threei}  I think so
[10:28] {dino} preview of pres energy speech, nat gas fracking push
[10:28] {nemo} chk dino?
[10:28] {dino} y
[10:28] {Threei}  CLNE?
[10:29] {dino} y
[10:29] {dino} dvn, apa
[10:29] {nemo} yeah, but he'll probably announce he'll tax the bejeezus out of them
[10:29] {nemo} indexes coming in
[10:29] {nemo} wtf gold dropping
[10:29] {dino} its a job creator if it happens
[10:29] {dino} big if
[10:30] {davd} sometimes a large sharp gold drop is a large seller and not an economic all, ie means little
[10:30] {jfjf64} rig lower
[10:30] {Threei}  DOE +2.9M v +1Me,
[10:31] {Threei}  swimming in oil
[10:31] {jfjf64} did consolidate  .50
[10:31] {jfjf64} got off of
[10:31] {dino} kv/a drop
[10:31] {Threei}  GASOLINE: -2.68M V -1.5ME; DISTILLATE: +710K V -500KE; UTILIZATION: 84.1% V 83.2%E
[10:32] {Threei}  EU) ECB's Stark: Investors would have demanded higher premiums if the ECB did not react to risks to price stability
[10:32] {Threei}  - Favoring debt sustainability at the expense of price stability would violate ECB's mandate.
[10:33] {Threei}  I re-read this last sentence 3 times, and still can't believe my eyes
[10:33] {Threei}  to the hell with debt sustainablity?
[10:35] {Threei}  CHK can't stop dropping
[10:36] {strider} clne now?
[10:36] {Threei}  short?
[10:36] {dino} gap fiull maybe 3i chk
[10:36] {strider} thinking
[10:36] {nemo} don't hurt yourself
[10:36] {Threei}  not sure
[10:36] {Threei}  50/50
[10:36] {strider} but it's broken support twice already
[10:37] {strider} and didn't go anywhere
[10:37] {nemo} 81 r2 pivot support chk
[10:37] {nemo} I have a long term support drawn in their too
[10:38] {jfjf64} v    read
[10:38] {jfjf64} short
[10:38] {Threei}  hmmm
[10:39] {Threei}  don't see it
[10:40] {davd} v reacting to cc fee news - i wouldnt short
[10:41] {jfjf64} ty
[10:41] {rambler} new session lows for AAPL....
[10:42] {davd} ive got an open short on amzn at 179.5 - jfjf64?
[10:44] {dino} chk sm l .00
[10:47] {nemo} gmcr at pivot with further support at .60
[10:52] {dino} gdot blood
[10:53] {ese} L cig .18
[10:54] {ese} 1/2
[10:55] {RonS} would not 1/2 a long cig be a short cig?
[10:56] {dino} sure
[11:00] {ese} ahhhhhhh.......now that you mention it...........maybe
[11:00] {ese} slow boat to china
[11:00] {ese} this
[11:03] {jfjf64} anf   s .85
[11:03] {nemo} if you believe V going to pullback, short here, if you believe continuation go long here
[11:03] {nemo} vwap is .75
[11:03] {nemo} 74.75
[11:06] {jfjf64} half out
[11:06] {jfjf64} anf
[11:07] {dino} gj
[11:07] {jfjf64} ty
[11:07] {Threei}  nice
[11:08] {jfjf64} been wkin on this type
[11:08] {Threei}  (JP) IAEA claims that radiation levels at a town approx 40KM from the Fukushima plant are at concerning levels
[11:09] {Threei}  this thing looks worse by day
[11:10] {ese} i'm outta there out cig .24 +.06......some trader is making a wack of money going back and forth across a .01 spread and it ain't me   ...take my 25 bucks and otta there
[11:10] {davd} it'll get better in 10k years (1/2 life of plutonium)
[11:10] {jfjf64} later ese
[11:11] {nemo} depends which plutonium davd
[11:11] {ese} yup
[11:11] {ese} you got jf
[11:11] {nemo} anf
[11:11] {nemo} sorry
[11:12] {jfjf64} 3i   this  chart   resembles    hon    monday
[11:13] {nemo} tck here at yesterday close
[11:13] {Threei}  I see it jf
[11:14] {Threei}  happy to see you are making a good use of those charts I post
[11:14] {nemo} LVS might be interesting above .30
[11:16] {nemo} FCX DB
[11:16] {davd} out amzn 178.64 + .86
[11:18] {nemo} X db
[11:18] {nemo} MCP DB
[11:20] {strider} WFC hod
[11:20] {jfjf64} crm   roll over   3i
[11:21] {Threei}  thin...
[11:21] {jfjf64} yup
[11:22] {jfjf64} lk to see move up low vol
[11:22] {jfjf64} but looks lk missed
[11:24] {Threei}  and I am being pounded for ignoring those vowels?
[11:24] {jfjf64} in .66
06[11:25] * Threei sends to strider a bag full of vowels with suggestion to sprinkle them wherever he sees fit
[11:27] {strider} they'll go good in a broccoli salad
[11:28] {dino} lol
[11:28] {dino} i see obamination is on time as usual (not)
[11:29] {Threei}  whatever, those are your vowels... want to wate them on broccoli - by all means
[11:30] {strider} hey, there's more where those came from....
[11:30] {strider} since you don't use them much
[11:30] {ese} L wprt..4767
[11:30] {nemo} LVS
[11:30] {Threei}  and if you add jf to the ewation, you have all the vowels you want
[11:30] {Threei}  equation even
[11:30] {ese} 1/2
[11:31] {nemo} offers .30 LVS
[11:31] {nemo} .31 break as they melt?
[11:31] {nemo} think market due for leg up
[11:32] {Threei}  only if you are fine with small scalp
[11:32] {dino} kub sm l .25
[11:32] {Threei}  doesn't look like has a lot of room to move
[11:33] {ese} out wprt .59 +.12
[11:33] {RonS} gj ese
[11:33] {dino} gj
[11:36] {Threei}  here comes the star
[11:42] {Threei}  (US) Pres Obama: Expects to reduce imports of foreign oil by one third over the next decade via higher fuel efficiency standards for heavy-duty trucks and cars
[11:42] {Threei}  - Also to expand domestic production of both crude and ethanol in a "safe and responsible" way.
[11:42] {Threei}  - Will consider incentives for promoting exploration in currently undeveloped oil leases in the US.
[11:42] {Threei}  ethanol?
[11:43] {Threei}  sigh
[11:43] {nemo} ethanol is such a joke
[11:43] {dino}  ethanol is a big waste of tax dollars, done for votes only
[11:43] {davd} apparently eveyones growing cotton - no corn
[11:43] {Threei}  - Nuclear power has enomous potential. NRC to work harder on making sure existing nuclear plants are safe.
[11:43] {nemo} yeah, fuel or food
[11:44] {nemo} spy should pop here
[11:46] {rambler} FTK nice bull coil here....
[11:47] {Threei}  wow... he is produ of historic progress they've made over last two years
[11:48] {RonS} ruining a great nation always makes a socialist proud
[11:48] {dino} pride comes before the fall
[11:49] {rambler} good one Ron.....
[11:49] {Threei}  CLNE...
[11:50] {rambler} hey Vad. got a line on smoked garlic flavored bacon.....
[11:50] {Threei}  sounds intriguing
[11:51] {rambler} Nodines smoke house.com
[11:51] {strider} the real intrigue is...what would vad do with broccoli flavored bacon?
[11:51] {Threei}  make sure you don't let strider anywhere near that, or he is going to sprinkle it with broccoli bits all over...
[11:51] {Threei}  see??
[11:51] {strider} what a dilemma.
[11:51] {strider} to eat or not to eat
[11:52] {Threei}  no dilemma at all... just diosmiss the broccoli nonsense and concentrate on real food
[11:52] {Threei}  I even have a slogan
[11:52] {Threei}  "Say NO to Broccoli"
[11:53] {RonS} lol
[11:53] {strider} Just say no
[11:53] {dino} vra spike
[11:53] {strider} can call the broccoli police
[11:54] {Threei}  well, the choices are to outlaw it outright
[11:54] {rambler} CLNE going...
[11:54] {Threei}  or roll out a propaganada campaign, convincing people that broccoli is unethical
[11:55] {Threei}  immoral
[11:55] {nemo} looks like spy to 133 today
[11:55] {Threei}  my personal preference is both
[11:56] {Threei}  of course there will be some broccoli insurgency we wil have to fight by means of catching them and force-feeding bacon to them
[11:57] {strider} you'll just create a vast black market in broccoli....stimulating demand.
[11:57] {strider} people will be coming to steal your bacon so they can sell it to buy broccoli.
[11:58] {Threei}  sounds like fun
[11:58] {RonS} lol
[12:02] {dino} chk to .30
[12:02] {dino} out +.30
[12:04] {Threei}  sharp pullback CLNE
[12:05] {Threei}  half lot .40 long
[12:05] {Threei}  if holdong above .30
[12:06] {Threei}  invalidated
[12:07] {nemo} vwap at .12
[12:08] {nemo} interesting doji here
[12:12] {ese} L sd.32
[12:12] {rambler} L CLNE 16.24   stop 16.10
[12:13] {nemo} Q's look like going to break
[12:15] {Threei}  weird spike
[12:15] {Threei}  no news
[12:15] {Threei}  what the deuce
[12:21] {rambler} scapped CLNE
[12:22] {Threei}  {CLNE} yeah... no dinner, no movie... just plain scapping... :(
[12:28] {nemo} probably a good place for db on clne
[12:31] {dino} man that algn doesn't move
[12:33] {RonS} braces take a while to work...
[12:34] {dino} guess so
[12:35] {nemo} if you took clne you're almost 1:4
[12:38] {dino} good one
[12:41] {Threei}  (LB) Front lines in Libya conflict have moved to Brega, rebels requesting heavy weapons and more air support from foreign powers
[12:42] {Threei}  amazing how these things once initiated take life on their own
[12:43] {Threei}  also, welcome the world of centralized planning:
[12:43] {Threei}  European Union discussing evaluation of various indicators that can be used to analyze economic imbalances - financial press citing sources
[12:43] {Threei}  - Indicators may include net investment positions, home prices, private and/or public debt, exports, labor costs, trade balance, real exchange rates and credit levels.
[12:43] {Threei}  good luck with all that
[12:46] {dino} my scanners barely moving
[12:48] {Threei}  same
[12:52] {RonS} out algn +.08...getting nervous, going to cash
[12:53] {dino} still in, stop b/e
[12:53] {nemo} another run coming
[12:56] {Threei}  strange line
[12:56] {Threei}  (US) Pentagon and the US DoT are concerned about LightSquared's wireless broadband service - US financial press
[12:56] {Threei}  - Harbinger Capital owns the LightSquared venture. It plans to build and operate a high-speed wireless network. The network will include 40K base stations and intends to cover 92% of the US population by 2015.
[13:11] {dino} 1342 gap above (feb)
[13:12] {nemo} new highs tomorrow or Friday
[13:12] {dino} think you are right
[13:13] {nemo} if the disasters only got a slight pullback, and the reverse pomo a couple of days ago didn't even phase the market...
[13:17] {rambler} Vad, watching VHC...?
[13:17] {Threei}  probably still has downside
[13:18] {ese} cya all still L sd.....catch ya tomorrow
[13:19] {rambler} cya ese....
[13:19] {Threei}  take care ese
[13:21] {nemo} mos pot pullbacks
[13:21] {dino} cya es
[13:22] {nemo} lulu looks short
[13:23] {strider} barely 5' tall
[13:25] {rambler} bot mela 3.50    stop 3.40
[13:30] {nemo} think we're close on mos
[13:31] {nemo} .61 pivot support and 50% retracement of today's move
[13:33] {nemo} think .66 good entry
[13:33] {nemo} spy at trend
[13:33] {rambler} bot ACHN 7.20   stop 7.10
[13:33] {nemo} although spy looking a bit weak
[13:35] {nemo} touched 1:1
[13:36] {nemo} 1/2 .73
[13:38] {nemo} 1/4 more .80
[13:39] {nemo} stop to b/e
[13:43] {nemo} MKC
[13:46] {rambler} out mela +.11
[13:46] {dino} gj
[13:48] {rambler} out achn flat
[13:49] {nemo} whadddya think mkc dino
[13:51] {dino} db
[13:51] {nemo} oy, forgot about lulu short
[13:52] {nemo} support below here MKC 46.80
[13:55] {nemo} mos held nice through that drop
[13:55] {dino} mkc sm l .90
[13:58] {Threei}  be back in 20
[13:59] {kschun} hy all
[14:01] {nemo} no wonder vad left
[14:05] {kschun} :-)
[14:05] {kschun} which stocks are you currently watching guys?
[14:05] {dino} mkc, algn, kub
[14:06] {kschun} o.k. thanks dino
[14:06] {dino} np
[14:09] {rambler} stopped on redf...
[14:14] {rambler} bot cigx 4.10   stop 4.05
[14:15] {kschun} nice job rambler, already 1:1
[14:16] {rambler} hoping for more...
[14:16] {kschun} looking good in my op
[14:21] {Threei}  basck
[14:22] {kschun} what?
[14:22] {kschun} stock symbol? :-)
[14:23] {dino} algn to .05
[14:24] {dino} to .12
[14:25] {dino} out .15 +.40 algn
[14:25] {RonS} gj
[14:25] {kschun} nice one dino!
[14:26] {dino} thx, took hours
[14:28] {dino} mkc stopped .66 -.23
[14:28] {dino} -.24
[14:30] {dino} kub to .67
[14:30] {rambler} out cigx .10
[14:31] {kschun} nice one, 1:2, good job
[14:31] {dino} gj
[14:31] {nemo} out last mos .10
[14:32] {rambler} that was good. bought triple lot....
[14:32] {dino} out kub .67, +.42
[14:32] {kschun} stopped MKC before. still thinking about a long in it...
[14:33] {Threei} Long Setup:  SLW  .05
[14:34] {Threei}  if stays above .95
[14:34] {dino} would like a whoosh down mkc t0.30s imo
[14:35] {dino} guess not
[14:35] {nemo} in mkc .66
[14:35] {nemo} 1/2 .76
[14:36] {nemo} well half of that .76 and half .75
[14:36] {Threei}  so it's .755
[14:37] {dino} cmre spike
[14:39] {dino} mkc sm l .65
[14:41] {nemo} be back  MKC hard stop .59
[14:46] {dino} gent drop
[14:46] {rambler} out SLW  -.12
[14:47] {Threei}  first stop
[14:48] {rambler} dang
[14:49] {dino} probabilities
[15:03] {dino} out mkc .95, +.30
[15:04] {kschun} nice dino!
[15:04] {dino} ty
[15:04] {kschun} thanks for offering your watchlist :-)
[15:04] {dino} np
[15:05] {dino} gent break of .10 maybe
[15:07] {rambler} bot EEE to swing  3.15   stop   2.95
[15:08] {kschun} NOC 1:1
[15:08] {dino} gj
[15:08] {kschun} probably ending breakeven, started with two losers...
[15:09] {rambler} Vad, check out QIHU...ready to pop...?
[15:09] {dino} flat or up are good days in this business
[15:09] {kschun} o.k. thanks dino :-)
[15:10] {Threei}  easy can go either way rambler
[15:10] {Threei}  can't tell
[15:11] {rambler} looks like it wants to go somewhere....
[15:15] {kschun} out MKC all
[15:15] {kschun} thanks dino man!
[15:16] {Threei}  QIHU chose down
[15:16] {kschun} may vad should hire dino as assistance, his hit-ratios are almost as good as vad's ones :-)
[15:17] {dino} gj
[15:17] {rambler} now up....
[15:17] {dino} lol 4 of 6 today = .666
[15:18] {Threei}  4 of 5 here
[15:18] {Threei}  and one scrap
[15:21] {kschun} oh boys, your hit-ratios making me quite jealous :-)
[15:24] {dino} just lucky
[15:25] {Threei}  it's just our luck that our luck is a very consistent one
[15:25] {dino} some create their own luck
[15:25] {kschun} good one vad :-)
[15:25] {Threei}  wow QIHU
[15:25] {Threei}  that's impressive move
[15:26] {rambler} ya, watching ....
[15:26] {kschun} rambler was right
[15:26] {Threei}  fresh IPO
[15:27] {rambler} I'd be right if I was in it......
[15:27] {kschun} and 7 dollars on the first day...
[15:27] {kschun} rambelr: agree on this one... :-)
[15:27] {rambler} so easy to just watch....
[15:28] {kschun} SPY ON .90
[15:28] {kschun} interesting now
[15:36] {rambler} QIHU vol  23 million  and climbing........
[15:37] {kschun} stopped on SPY. thought it would break down.
[15:47] {dino} gbx spike
[15:47] {kschun}  out CRM 1:1
[15:47] {kschun} probably out much too early. but easy. finishing day flat
[15:48] {dino} gj
[15:49] {kschun} SPY now doing what I thought it would...
[15:50] {kschun} see comment rambler before: "I'd be right if I was in it......"
[15:52] {Threei}  very boring second half of the day
[15:53] {strider} hmmm....glad I left at  2.
[15:54] {Threei}  yesterday was more evenly distributed
[15:54] {Threei}  today, after morning weas over, that was it for my setups
[15:56] {kschun} o.k. guys, great evening, thansk all, thanks vad!
[15:56] {Threei}  (LB) President Obama has signed a secret order authorizing covert US support for opposition forces in Libya, including CIA operations
[15:56] {Threei}  take care ks
[15:57] {RonS} does things right as always...secret...
[15:58] {Threei}  thank you all
[15:58] {Threei}  have a good evening, see you tomorrow
[15:58] {dino} thx all, gn

Mar 29 2011

Very strong day with 100% winning ratio and good activity, especially in the morning. 3 shorts, then 3 longs, then random shots here and there, each working smoothly.

Session Time: Tue Mar 29 00:00:01 2011
[08:49] {Threei}  (US) Intuit March Small Business Employment Index +0.2% v +0.3%
[08:49] {Threei}  - The monthly report found that small business employment grew by 0.2 percent in March, equating to an annual growth rate of nearly 3 percent. This translates to approximately 50,000 new jobs created nationwide this month. - Based on this latest data, the employment growth rate for February was revised slightly up to 0.3 percent, equating to 60,000 jobs added for the month and a 3.7 percent annual growth rate.
[08:49] {Threei}  ***Note that the Index is based on employment data from approximately 58K small business employers each with fewer than 20 employees that use Intuit Online Payroll.
[09:00] {Threei}  *(US) JAN S&P/CASESHILLER 20 CITY MOM: -0.22% V -0.44%E; ; Y/Y: -3.06% V -3.2%E
[09:02] {dino} gm all
[09:02] {Threei}  dino :)
[09:07] {ese} gm
[09:07] {Threei}  ese :)
[09:07] {ese} vad dino
[09:08] {dino} :D
[09:19] {davd} sentiment at 10am.  can i give mine now?
[09:20] {Threei}  lol
[09:21] {nemo} make sure you lock jf out until 10 Hawaiian time
[09:22] {rambler} morning..
[09:22] {Threei}  rambler :)
[09:22] {RonS} gm everybody
[09:22] {larisa} gm :)
[09:23] {Threei}  ron, larisa :)
[09:23] {larisa} :)
[09:28] {Threei}  first thought is to short something
[09:29] {Threei}  APOL, SLW, FCX
[09:30] {Threei} Short Setup: SLW  .35 break
[09:30] {Threei}  half lot
[09:31] {Threei}  if stays under .50
[09:32] {Threei}  invalidated
[09:32] {Threei}  not off radar though
[09:32] {jfjf64} mornin all
[09:32] {Threei}  jf :)
[09:32] {nemo} he lied to us
[09:32] {Threei} Short Setup: SLW  .35 break.50 break
[09:32] {Threei}  .50
[09:33] {Threei}  if stays under .60
[09:33] {davd} out h .42 (overnite)
[09:34] {Threei} Short Setup: FCX  .75 break
[09:34] {RonS} mcp rocket
[09:34] {davd} 42
[09:34] {Threei}  if stays under .85
[09:35] {Threei}  *(PO) S&P CUTS PORTUGAL TO BBB-
[09:35] {Threei}  SLW 1:1 who got it
[09:35] {Threei}  FCX 1:2
[09:35] {nemo} not me
[09:35] {Threei}  SLW 1:2
[09:35] {jfjf64} out .26
[09:35] {jfjf64} ty
[09:35] {Threei}  thank you S&P
[09:35] {Threei}  that was good cut
[09:35] {jfjf64} hang ya self nemo
[09:36] {jfjf64} nice read 3i
[09:37] {Threei}  closed last FCX
[09:39] {jfjf64} greatchart  yest  log      hon
[09:40] {Threei}  hope everyone looked at it
[09:40] {Threei}  must-know signs of the reversal setup
[09:40] {nemo} apol at resistance
[09:42] {Threei} Long Setup:  C  .20 break
[09:42] {Threei}  stop under .10
[09:43] {nemo} c
[09:43] {strider} SHOWING .40 HERE
[09:43] {gregns} huh
[09:43] {Threei}  awww
[09:43] {Threei}  X
[09:43] {nemo} yeah
[09:43] {Threei}  crap
[09:43] {Threei}  sorry
[09:43] {Threei}  neighbor key
[09:43] {Threei}  may give second chance
[09:43] {nemo} Iknow your spelling sucks, but now you can't keep the frickin alphabet straight...
[09:44] {Threei}  1;1... sigh
[09:44] {Threei}  krrrap
[09:44] {nemo} spy bounce time
[09:45] {jfjf64} wow   c
[09:45] {jfjf64} whats in coffee
[09:45] {Threei} Long Setup:  FCX  .60 break
[09:45] {nemo} apol
[09:46] {jfjf64} slb    reversal
[09:46] {jfjf64} ??
[09:46] {Threei}  if holding .50 for scalpers, .45 day traders
[09:46] {nemo} wow, lulu drop
[09:46] {Threei}  1: whatever
[09:47] {Threei}  scalpers are out
[09:47] {Threei}  day traders half too
[09:47] {Threei}  1/4 more day traders
[09:48] {rambler} out at .82  thks V
[09:49] {Threei}  :)
[09:50] {ese} vad if you get a chance can you interpret HTZ news for me
[09:50] {ese} thinkin L .60 here
[09:50] {dino} insiders selling, still own 30%+ of co
[09:51] {ese} tks dino.........wha da ya think of a long here
[09:51] {Threei}  Hertz Global Selling stockholders offering 50M shares of common stock (12% of shares outstanding)- All of the shares are being sold on a pro rata basis by these investment funds, which are existing stockholders of Hertz Holdings, in accordance with their current interests. Following the offering, the investment funds will continue to own an aggregate of approximately 160 million shares, or approximately 39% in the aggregate, of Hertz Holdings' outstanding common stock after giving effect to the offering. The total number of outstanding shares of Hertz Holdings' common stock will not change as a result of the offering.
[09:52] {Threei}  out last part FCX
[09:52] {ese} can't decide if this is a good thing or bad
[09:52] {dino} kub sm l .39
[09:52] {Threei}  +.40
[09:52] {Threei}  dunno ese, just not a compelling setup
[09:53] {ese} ya ...it's not now for sure
[09:55] {Threei}  if not for that C/X mistype, would be that 4 for 4 morning which jf usually tends to miss {G}
[09:56] {jfjf64} you like  to  bust  also  3i
[09:56] {jfjf64} ok
[09:57] {Threei}  of course I do
[09:57] {Threei}  how is it news
[09:57] {Threei}  action slowed down strangely early
[09:58] {Threei}  feels like just a pause, before next explosion
[09:58] {nemo} EOQ
[09:58] {jfjf64} amzn
[09:58] {jfjf64} news
[09:58] {jfjf64} ?
[09:59] {nemo} consumer confidence?
[09:59] {Threei}  nothing fresh
[09:59] {Threei}  in 1 min
[10:00] {Threei}  *(US) MAR CONSUMER CONFIDENCE: 63.4 V 65.0E
[10:01] {Threei} Long Setup:  SLW  .40 break
[10:01] {ese} hmmmmm spy up.....mrkt like it
[10:01] {Threei}  1:1, half out
[10:02] {Threei}  scalpers win
[10:02] {Threei}  rinsed second half
[10:02] {Threei}  oh well
[10:03] {Threei}  rambler, you like small ones... look at ARIA
[10:04] {dino} gbx sm l .51
[10:04] {Natali} gm:)
[10:04] {Threei}  who said Europe crisis was over
[10:04] {Threei}  (EU) European Peripheral spreads widen following sovereign downgrades enacted by Moody's for Greece and Portugal
[10:04] {Threei}  - Portugal 2-year gov't outright yield at 7.70% for fresh post EMU record follwoing Mood'y sovereign downgrade
[10:04] {Threei}  - The 10-year Greek/German Gov't bond spread at approx 925 bps, wider by almost 5bps
[10:04] {Threei}  - The 10-year Portuguese/German Gov't bond spread at approx 470 bps, wider by over 5bps
[10:04] {Threei}  morning natali
[10:07] {jfjf64} hpq
[10:07] {jfjf64} lower
[10:07] {jfjf64} ?
[10:08] {Threei}  .40 break is long
[10:11] {rambler} thanks Vad, on my list...
[10:11] {nemo} x long .41
[10:12] {Threei}  HPQ 1:1
[10:12] {rambler} watching APRI and SHZ as well
[10:13] {jfjf64} slb  reversal
[10:13] {jfjf64} .70
[10:14] {jfjf64} thoughts
[10:14] {Threei}  looks breaoutish to me
[10:18] {gregns} breaoutish it is
[10:18] {ese} L htz 1/2 .49
[10:18] {Threei}  lol
[10:18] {Threei}  everyone makes fun... instead of money {G}
[10:19] {jfjf64} ya makin my  calls  look  bad 3i
[10:19] {Threei}  why
[10:19] {Threei}  most of them are two ways
[10:19] {jfjf64} i know
[10:19] {Threei}  you get stock to an attention
[10:19] {Threei}  we determine odds and trigger
[10:19] {jfjf64} what does that  say  for  me
[10:20] {jfjf64} my learnin
[10:20] {nemo} jf=les
[10:20] {RonS} :D
[10:20] {Threei}  well, I'll leave it to your interpetation but fore me it says:
[10:20] {jfjf64} nemo = FU
[10:20] {RonS} lol
[10:20] {rambler} bot HILL 2.98 L
[10:20] {Threei}  threei, you have no single stop today, and yet they a) don't let you go home and b) make gun of your (mis)typong
[10:21] {Threei}  gun = fun of coirse, which only reinforces the point
[10:21] {gregns}  i thank you for hpq, x, fcx, and slw
[10:21] {Threei}  you are welcome, but can I go home?
[10:21] {gregns} i am relieved that you caught me making fun of your breaoutish,, so there is hope yet for you??
[10:22] {Threei}  hmmm
[10:22] {Threei}  I seriously doubt that :)
[10:22] {gregns} yeah
[10:24] {Threei}  but I firmly intend to improve my typing with fins, typing with elbows and advance to typing with my knees
[10:26] {Threei}  watching SLW for double top
[10:26] {Threei}  if bounces in .10 - .15 area
[10:28] {nemo} spy looks weak but I think it wants .28
[10:31] {rambler} out HILL  -.05
[10:33] {ese} auch nu aye.....et mai maca move new.......htz at es
[10:34] {Threei} Short Setup: SLB  .50 break half lot
[10:37] {Threei}  if stays under .65, with target 1:2, 1:3
[10:38] {ese} newwww.....et nay be doin et.....
[10:39] {ese} i need to add 10k to it...........that'll make the }01 cent move a little more exciting
[10:39] {Threei}  1;1
[10:40] {ese} this 1/2 lot thing will kill me
[10:41] {dino} nke sm l .00
[10:42] {ese} i'll take that bet L nke .00 sm
[10:45] {ese} HTZ "Hertz"......definitely new meaning to the company name....it certainly "hurts" to watch this stock
[10:45] {nemo} etp
[10:45] {dino} 2ndary
[10:45] {Threei}  scalpers win
[10:46] {Threei}  with 100% winning streak today, I deserved to show you some of fresh shots:
[10:46] {Threei}  http://photography.realitytrader.com/2011/03/blue-hour.html
[10:46] {ese} lol
[10:48] {ese} end of the Sydney warf dock vad?
[10:49] {rambler} good daily on CLNE
[10:49] {Threei}  yes ese
[10:50] {ese} and weekly rambler
[10:53] {ese} dino you got a target for nke........save me from thinkin
[10:53] {dino} .40
[10:54] {ese} tks
[10:57] {rambler} RBA looks good as well....2 yr highs....
[11:06] {nemo} spy hit .28 pivot
[11:06] {nemo} x
[11:07] {nemo} getting to yesterday's high
[11:10] {rambler} TXCC 4.77 L  stop 4.70
[11:14] {rambler} srz
[11:23] {rambler} great photos Vad...
[11:23] {Threei}  ty
[11:25] {ese} do not!!! encourage the man.......what if he gives up doing the board and becomes a photographer........ehhhhh????then what?   where will we be then huh?
[11:25] {Threei}  for that, photography would have to start making much more money than it does now, lol
[11:25] {rambler} only encourage hobby aspect...
[11:26] {ese} i dunno.......your approaching the point of no return......
[11:26] {rambler} stop txcc...
[11:27] {Threei}  wow... sudden barrage of 16 e-mails, 9 suggest vital organ enlargement and 7 - viagra... some one is trying to tell me something
[11:27] {ese} rotflol
[11:29] {ese} at least since i've know you......patience has enlisted me to chuck out a few hints with her
[11:29] {ese} we wern't sure if it was working
[11:30] {nemo} what great friends, huh Vad...
[11:30] {patience} best commercials on bnn are the cialias ones, make me laugh every time
[11:31] {patience} good heavens, i'm making money today
[11:31] {nemo} and what exactly is the problem with a four hour stiffy?
[11:31] {ese} selling cialas?
[11:31] {patience} slw
[11:31] {Threei}  for instance, too short list of girls to phone to, nemo?
[11:31] {ese} rotflol
[11:32] {Threei}  you know... ad says phine your doctor, Charlie just calls the next in his list
[11:33] {rambler} bot REDF 7.64....Stop 7.50
[11:34] {ese} this whole conversation puts new meaning to the daytrading term of "position size"
[11:34] {rambler} dino IVD
[11:35] {rambler} does that fit your criteria....?
[11:36] {nemo} looks like dt in iwm, spy looking weak, but we are headed into the lunch hour
[11:36] {rambler} price too low maybe....
[11:39] {dino}  ivd penney stock?
[11:39] {dino} no
[11:59] {nemo} we missed apol
[12:10] {rambler} ok Vad, shake the tree.....
[12:10] {Threei}  you sure?
[12:11] {Threei}  during election time, there might be a politician falling out of there...
[12:11] {rambler} we need some fruit...
[12:12] {rambler} Vad, do you ever trade currencies...?
[12:12] {Threei}  once in a blue moon
[12:12] {Threei}  remember my attepmt to short FXC yesterday?
[12:12] {Threei}  I also seem to remember trade on UUP a few months ago
[12:13] {Threei}  oyher than ETFs though, no
[12:13] {Threei}  I hate Forex
[12:14] {rambler} why hate...
[12:15] {Threei}  a lot of reasons... most important one, in most cases you do not deal with open market but rather with your broker's inventory, with no guarantee that your execution is done at market prices and not at his internal prices
[12:15] {Threei}  remember all the "no commissions" ads?
[12:16] {rambler} I've seen them....
[12:16] {Threei}  how do they make money with no commissions, if not by giving you executions at the spread exceeding market's, and filling other side of the trade in the makrtplace
[12:16] {Threei}  need an example with prices to illustrate the point?
[12:17] {rambler} sure..
[12:17] {Threei}  envision a stock trading 20 x 20.10
[12:17] {davd} re fidelity and ivv - im always getting screwed for a penny or two.
[12:18] {Threei}  envision a broker that doesn't let you trae directly in the market but fills you from his inventory at his prices
[12:18] {Threei}  you send a market order to buy,
[12:18] {Threei}  your brioker fills you are 20.20, effectively taking short poisition at that price
[12:19] {Threei}  then he goes to marketplace and buys shares back at 20.10
[12:19] {Threei}  he just made riskless 10 cents,
[12:19] {Threei}  you got a fill at the price 10 cents worse than the one available in the market
[12:19] {Threei}  he trades against you,
[12:20] {Threei}  and has advantage of seeing your order and available prices
[12:20] {rambler} I need a job like that....
[12:20] {Threei}  In stock market it was called bucketshop, and became illegal in 20s
[12:20] {Threei}  1920s
[12:20] {Threei}  in Forex, it's still legal for some reason I fail to grasp
[12:21] {rambler} how about e minis......?
[12:21] {Threei}  license to steal
[12:21] {Threei}  well, e-minis is open market
[12:21] {Threei}  no problem
[12:21] {Threei}  I view it as nice complementing vehicle
[12:22] {Threei}  wouldn't use it as only one though
[12:22] {Threei}  it's a good one in cases where you have a read on the market overall, but have hard time identifying the stock to follow
[12:23] {Threei}  not so good when market is choppy, as in equities you often can still find something tradeable
[12:23] {rambler} thanks Vad, good to know...
[12:24] {nemo} we're a bit light on volume today
[12:26] {Threei}  btw, anyone who haven't studied yesterday's catch of the day chart won't be allowed in the room tomorrow
[12:28] {nemo} is there gonna' be a test on the long tails, first tail outside of the bollinger band, second one in, high volume high, lower volume secondary high, and little low volume doji?
[12:28] {Threei}  yes... eqzaktly
[12:28] {nemo} well, I better look at it then
[12:28] {Threei}  lol
[12:32] {nemo} spy likely works it's way to .28 and bounces
[12:33] {nemo} having said that, important level here from yesterday
[12:44] {rambler} Vad, ever done scalping workshops in Vic...?
[12:44] {Threei}  once... in 2004 or so
[12:45] {Threei}  there was a two-day's seminar with Alan farley
[12:45] {rambler} worth doing...?
[12:46] {rambler} again...?
[12:47] {rambler} could do one on a friday , everybody brings vodka...
[12:48] {Threei}  I doubt it
[12:48] {Threei}  how many scalpers are in Victoria? :)
[12:48] {Threei}  let me post a draft of my seminar topics for Whistler conference
[12:49] {rambler} small group better...
[12:49] {Threei}  Market Information vs. Price Action: What Investors Should Learn from Traders. 1 hour
[12:49] {Threei}   How often have you done thorough research and figured the market out, only to see it doing exactly the opposite. Why it happens and how to turn this phenomenon to your advantage.
[12:49] {Threei}   We delve into the eternal conflict between Information and Price and show how to move from endless frustration to consistent profits.
[12:49] {Threei}  Basic Chart Reading. 1 hour
[12:49] {Threei}   This session will go deep into aspects of analyzing Price action that you will find practical. Any chart is a reflection of mass psychology as it moves the market. A chart can be broken down and analyzed in order to maximize the odds of success. Position yourself on the Smart Money side and avoid the Crowd side  by simply watching the Price and Volume.
[12:49] {Threei}  Risk Control - How to Use Stops 45 min
[12:49] {Threei}   One of the most crucial elements of your trading approach is strict and disciplined risk control: How to keep your losses small, how to place your stops; how to make sure your losses are under control and do not drag down your whole account. We will discuss this topic in depth. And if you think you can trade without losses at all  make sure you attend this session!
[12:49] {Threei}  IF-THEN Scenarios and Trading Setups. 1 hour 45 min
[12:49] {Threei}   The role of IF-THEN scenarios should play in your trading is hard to over-estimate. This session will highlight their role and the right way to design them. Logical outcome of such scenarios is a trading setup. You will learn the elements of such setups and how to structure them in order to maximize the odds of profitable trades and minimize the risk.
[12:50] {Threei}   Examples of setups described in this session will show you how to incorporate the visuals of market psychology in your trading. We will go over actual charts, showing how setups that we discussed earlier materialize in real time and how to trade them. Breakouts, breakdown and reversals, chart after chart, broken down by elements and analyzed just as you should do it during trading.
[12:50] {nemo} don't forget the part about proper bacon preparation
[12:50] {Threei}  Trading Psychology 1hour
[12:50] {Threei}   Have you ever violated your own trading rules even though you knew better? You knew what your trading system required you to do, yet just couldnt do it? You may have even allowed one loss to ruin your performance for the month? Then you know how your mindset can thoroughly undermine your trading results. We will show why it happens and what to do about it.
[12:50] {Threei}  that's bonus
[12:50] {Threei}  as is Tpis and tricks on safe vodka consumption
[12:52] {rambler} that sounds like the best part..
[12:52] {Threei}  just trying to satisfy all tastes
[12:52] {rambler} unfortunately I'll still be on my boat early Oct.....home 2nd week...
[12:54] {RonS} ran zombie kub from .25 to .75...thanks dino...i think...
[12:55] {Threei}  we however hold traditional summer backyard party for RT members living nearby... you may want to put a spare bottle in the pocket and attend
[12:55] {dino} gj ron
[12:56] {davd} treas auction at 1est
[12:56] {rambler} I'm gone june thru oct
[12:57] {nemo} mcp near highs, could be a break, or short
[12:57] {nemo} break
[12:58] {rambler} big vol on ree and running....
[12:58] {ese} dino...any thoughts nke?
[12:59] {dino} its a dog today
[12:59] {nemo} DIA on high
[12:59] {ese} am thinkin same
[13:00] {ese} out nke .02 +.02
[13:02] {dino} w/you
[13:03] {ese} ya win some.......ya break even some
[13:03] {davd} those financials are weak
[13:13] {ese} hmmmmmm   was cutoff
[13:15] {Threei} Short Setup: X  .60 break
[13:16] {Threei}  if stays under .70
[13:16] {nemo} wow, that's major resistance
[13:18] {davd} 30yr treas 10 day low re tlt
[13:19] {Threei}  US Envoy to UN Says US Has Not Ruled Out Arming Rebels
[13:19] {davd} triple top on spy nemo
[13:19] {Threei}  yeah... let's do that, otherwise what they are going to shoot us with in a few years
[13:19] {davd} it worked in afghanistan
[13:20] {Threei}  yup
[13:24] {Threei}  Clinton: We Believe Ghadafi Must Go
[13:24] {Threei}  Ghadafi: You do? I don't
[13:25] {nemo} like this triple peak on X
[13:28] {nemo} apol triple top?
[13:28] {Threei}  actually it's most likely two sided setup
[13:28] {nemo} yeah, long above .70
[13:29] {Threei}  ks quick
[13:29] {nemo} sneeze
[13:29] {Threei}  X short if breaks .60
[13:30] {Threei}  or long if breaks .70
[13:32] {Threei}  long it is
[13:33] {kschun} o.k. thanks :-)
[13:33] {kschun} hy all nearby, hope your weekend was o.k.!
[13:34] {Threei}  1;1 baby
[13:35] {Threei}  100% day still
[13:36] {rambler} went short a little early, then long for b/e....
[13:40] {ese} gotta go....choir time.....cya tomorrow
[13:41] {Threei}  sing well ese
[13:41] {ese} willl do
[13:44] {dino} cya es
[13:44] {davd} rimm hod
[13:54] {nemo} so, the core at one of the plants melted through the containment vessel
[13:55] {Threei}  (PO) Portugal Stats Agency to make "accounting changes" revealing a wider 2010 budget deficit - US Financial Press
[13:55] {Threei}  - Portugal said to make changes after "EU's Eurostat agency observed that Portugal hadn't included a 2B".
[13:55] {Threei}  heh
[13:56] {kschun} C nicve
[13:56] {kschun} X nice
[13:56] {Threei}  1;2
[14:15] {Threei}  the noise from Portugal becomes deafening
[14:15] {Threei}  (PO) Portugal PM: Reiterates that Portugal has no intention to ask for a bailout; calls on opposition parties to present alternative budget measures for consideration- Reducing budget deficit to 4.6% of GDP would help the government's finances.
[14:15] {Threei}  ***Recall that on March 23rd, opposition parties defeated the Socialist government's austerity plan.
[14:15] {Threei}  (EU) German Fin Min Schaeuble: Nothing has changed since March 11th when EU deemed Portugal's reform sufficient- Ireland has to take more steps if it wants to renegotiate its bailout like Greece.
[14:26] {Threei}  3.5 earthquake in Ontario
[14:26] {Threei}  not strong, but don't you get this impression that planet tries to shake us off
[14:27] {davd} any nukes in ontario?
[14:28] {Threei}  yes
[14:29] {davd} take some iodine
[14:29] {Threei}  4000 km from me
[14:29] {davd} actually im closer.
[14:30] {Threei}  Chernobyl was way closer to me than this, lol
[14:33] {Threei}  (US) Senator Durbin (D-IL): Budget talks between Republicans and Democrats are in bad shape
[14:33] {Threei}  - Senate Majority Leader McConnell: Budget talks are ongoing, calls "Democratic attacks" unhelpful.
[14:33] {Threei}  - Senate Minority Leader Reid (D-NV): Proposals from both parties are "in the same ballpark."
[14:33] {Threei}  ***Reminder: In mid-March Congress and the President agreed to a second stop gap funding bill that keeps the federal government open through April 8 as negotiations on a final budget plan proceed.
[14:48] {nemo} gotta' feeling right here big for spy
[14:50] {davd} gig green or big red?  to 1321
[14:54] {kschun} guys: us time is like 2:55 p.m. right?
[14:54] {nemo} 3
[14:54] {Threei}  NY time
[14:55] {Threei}  US is big :)
[14:55] {kschun} o.k. so market still open one hour
[14:55] {Threei}  lol... yes
[14:55] {kschun} :-) Vad
[14:55] {kschun} sorry, time changing stuff is confusing me...
[14:56] {Threei}  you are not alone... we inhabitants of Titan can't believe you earthlings put up with this nonsense
[14:59] {Threei} Long Setup:  RIMM  .30 break
[15:03] {Threei}  stop is so obvious, I won't insult your intelligence by naming it
[15:03] {nemo} better tell jf
[15:03] {kschun} :-) Vad
[15:08] {rambler} 2 sided setup Vad...?
[15:08] {dino} kndl
[15:08] {Threei}  not sure
[15:08] {Threei}  was thinking of X 57 break for short, but disdn't have enough conviction...
[15:11] {Threei}  lol... nice headline
[15:11] {Threei}  Wolrd Powers Agree to Coordinate Actions Against Libya
[15:12] {Threei}  menaing, up to this point they were just hitting at it randomly, not speaking to each other?
[15:12] {nemo} x just hit a trend line
[15:12] {davd} world powers agree to state that they agree
[15:12] {kschun} LOL
[15:12] {Threei}  world powers agree to state that they agree to state their agreement
[15:13] {kschun} even better :-)
[15:13] {Threei}  oh, and Clinton Says USA is "getting to know" Libya Rebels
[15:13] {Threei}  dinner and a movie?
[15:13] {kschun} ah, besides: I have a new no1 trading book, red only about 5% of it and I am already fascinated! thanks vad
[15:14] {nemo} and we know what else
[15:14] {davd} she sent Bill to get to know the lady rebels
[15:14] {Threei}  roofie slipped in US drink?
[15:14] {kschun} and to everyone who did not yet red TAO Trader: you really should!
[15:14] {kschun} :-)
[15:14] {Threei}  thanks ks, I will someday...
[15:15] {kschun} LOL
[15:15] {nemo} X support .69, break of .80 could be tempting if Qs go north
[15:18] {davd} gotta ask why Q's?
[15:19] {nemo} true...what a brainfart
[15:19] {davd} they would have to change their symbol to xxxx
[15:19] {nemo} Forgot I was looking at X and thinking rimm
[15:19] {Threei}  hmmm
[15:19] {nemo} nevermind
[15:20] {nemo} see what happens when I don't drink
[15:20] {Threei}  then I'd have to put a warning on tghe room door "adults only"?
[15:20] {nemo} counts me out
[15:20] {Threei}  jf has troubles finding the door as it is
[15:20] {Threei}  although who knows, maybe that sing would make it easier for him
[15:21] {kschun} why the guys goes singing?
[15:21] {Threei}  sign
[15:22] {nemo} Yeah  Vad will hang "YYY Only" on the room
[15:22] {nemo} they'll think it's a screwed up genetic lab
[15:22] {Threei}  rofl
[15:22] {nemo} x support here
[15:23] {Threei}  ilana, natali, larisa and patience will question the idea I am afraid
[15:23] {nemo} yeah we can stream flicks
[15:23] {patience} realitytrader.xxx     hmmmm...nope, my pc will block it
[15:24] {kschun} PPG?
[15:24] {Threei}  long on break
[15:24] {davd} syria cabinet resigns
[15:26] {nemo} apol
[15:26] {nemo} ehhh 1:2 R/R
[15:36] {dino} back in ten
[15:37] {nemo} guess I underestimated apol
[15:40] {Threei}  and I can't forgive myself for skipping X short
[15:43] {nemo} might be long here vwap support at .45
[15:44] {nemo} time of day though, long would be here
[15:45] {nemo} sonafabitch!!!!!
[15:45] {nemo} 1 FRICKIN 1
[15:46] {Threei}  lol
[15:47] {nemo} yeah, was looking at tna break of .75 too, just not a fan of this time of day, new high spy
[15:47] {Threei}  so, I guess no one objects against nemo running the room next week while I am out for 3 days?
[15:47] {nemo} yeah, they just won't show up
[15:47] {nemo} speaking of...dino...relatively quiet today
[15:49] {rambler} AVL  L 8.00
[15:49] {nemo} what's yer stop
[15:50] {rambler} 7.90
[15:50] {nemo} why?
[15:51] {rambler} why not
[15:51] {nemo} bad answer
[15:51] {nemo} Vaaaaaddddddd
06[15:51] * Threei hands nemo 2x4
[15:51] {rambler} lol
[15:52] {davd} why not?  didnt know that strategy worked?
[15:52] {rambler} pure speculation on my part
[15:52] {rambler} overnight hold...
[15:52] {nemo} ahhhhhhh
[15:52] {Threei}  no kidding davd - everyone knows my strategy of choice, namely dart biard, works with much better consistency
[15:52] {Threei}  second only to tea leaves
[15:53] {nemo} I like it better when you lay out index cards with stock names on each and see which one the rabbit pees on
[15:55] {nemo} looks like gap up tomorrow
[15:55] {rambler} hope so....
[15:56] {nemo} get through 132.40 tomorrow, could see 133
[15:57] {davd} provided financials gain and dollar doesnt take off
[15:58] {dino} .
[15:59] {Threei}  ok guys, thank you all
[15:59] {dino} not my type market nemo, did not do much
[15:59] {Threei}  have a great evening, see you tomorrow
[15:59] {rambler} thanks Vad, great day....
[15:59] {Threei}  :)
[15:59] {dino} vad, when are you away
[16:00] {Threei}  next week, first three days
[16:00] {dino} thx
[16:00] {davd} 30yr dives in last minute

Mar 28 2011

Nice strong opening to the week with good percentage of winning trades, and a lot of invalidations for some reason. One of the bigger wins made Catch of the Day.


HON gave us classic Double Top scenario with three signs of topping, all are my favorite:
1. First top formed on higher volume, second on lower
2. First top peaks outside of Bolliner Bands, second one - inside
3. Top(s) are made in a form of candles with upward tails, indicating resistance that rejects buyers.


Little Doji above 59 formed entry signal - 59 breakdown, with stop above the first top, 59.10. Chart tells the rest of the story.

Session Time: Mon Mar 28 00:00:01 2011
[08:30] {Threei}  *(US) FEB PERSONAL SPENDING: 0.7% V 0.5%E; PERSONAL INCOME: 0.3% V 0.4%E
[08:31] {Threei}  *(US) FEB PCE CORE M/M: 0.2% V 0.2%E; Y/Y: 0.9% V 0.9%E; PCE DEFLATOR Y/Y: 1.6% V 1.6%E- Prior PCE Core MoM revised higher from 0.1% to 0.2%
[08:58] {Threei}  S&P Fair Value and Technicals -- Monday, March 28, 2011
[08:58] {Threei}  S&P Fair Value -4.83
[08:58] {Threei}  Buy programs -3.57
[08:58] {Threei}  Sell programs -6.20
[08:58] {Threei}  1310.00 pivot
[08:58] {Threei}  1309.50 e-pivot
[08:59] {jfjf64} mornin
[09:00] {Threei}  jf :)
[09:00] {nemo} were'd that come from
[09:00] {Threei}  what, jf?
[09:00] {Threei}  I guess just set his alarm clock a bit earlier
[09:00] {jfjf64} yes
[09:01] {Threei}  tired of mssing those 4 for 4 mornings,
[09:01] {Threei}  so today I will bomb
[09:01] {jfjf64} lol
[09:02] {dino} gm all
[09:02] {Threei}  dino :)
[09:02] {jfjf64} market  doesnt no or  care  what  ya  did  last week
[09:02] {jfjf64} correct
[09:02] {jfjf64} or week before
[09:02] {jfjf64} lol
[09:03] {Threei}  just like my stomach - no matter what I eat yesterday, it demands his portion today again
[09:03] {jfjf64} yes
[09:04] {jfjf64} nice bottle  merlot last night
[09:05] {jfjf64} 2006  st francis
[09:05] {jfjf64} nice
[09:05] {Threei}  now you are just making us jealous
[09:06] {jfjf64} 4/4 today ill send ya  bottle
[09:06] {Threei}  n pressure, eh
[09:07] {jfjf64} cold  here  east coast
[09:07] {jfjf64} no  spring
[09:08] {Threei}  what can I say.. we are just fine here on west coast
[09:08] {Threei}  well, aside of radioactove rain from Japan
[09:09] {_mrspox} hello all
[09:09] {Threei}  good morning mrspox
[09:10] {_mrspox} hi Threei
[09:13] {Threei}  intresting gap up this morning... without materials and PMs
[09:13] {Threei}  SLW, GLD, USO
[09:13] {Threei}  X
[09:13] {Threei}  FCX is only one in green but drifts down
[09:14] {davd} fcx was upgraded
[09:15] {Threei}  looks like short candidate to me, will watch for setup
[09:15] {dino} jf, 15 degrees f here with two inches of snow in my yard
[09:16] {rambler} morning all...
[09:16] {Threei}  rambler :)
[09:16] {Threei}  that's not too bad dino - remember, it's only at -40 where Fahrenheit and Celsius meet
[09:16] {rambler} dino, over 700 cm at the local ski hill here.....Mt Washington...
[09:17] {RonS} gm...60 yesterday, snow now, 60 tomorrow
[09:17] {Threei}  ron :)
[09:17] {davd} the fcx upgraded said "its selloff have been overdone" - kind of a late observation...
[09:18] {Threei}  what selloff
[09:18] {davd} the one two weeks ago?
[09:18] {larisa} gm :)
[09:18] {dino} value added
[09:18] {Threei}  larisa :)
[09:19] {davd} coldest night of my life on mt washington
[09:19] {rambler} were you camping...?
[09:20] {nemo} windiest place in the world
[09:20] {Threei}  how cold was it davd?
[09:21] {davd} value added 3i - makes the stock pop so we can short it.
[09:21] {rambler} tried winter camping once....
[09:21] {Threei}  that's how it looks to me so far
[09:22] {davd} it was so cold that 3i went long slw in the am
[09:22] {nemo} picked a helluva' place to try winter camping
[09:22] {rambler} need to upgrade my equipment....long night...
[09:23] {davd} overnight during thanksgiving - wasnt prepared - slept outside near the top
[09:23] {nemo} oh jeez...they get locked in up there for months
[09:24] {ese} morning
[09:24] {Threei}  ese :)
[09:24] {Threei}  FCX is downticking...
[09:25] {rambler} EK up 17% this a.m.
[09:25] {Threei}  don't want to get caught in morning volatility... hopefully will give us clean setup
[09:25] {ese} david......you live in washington state
[09:25] {Threei}  prpare half lot
[09:25] {Threei}  SLW too
[09:26] {davd} oh ese - rookie mistake
[09:26] {davd} mt wash in nh
[09:26] {ese} nh?
[09:27] {nemo} New Hampshire
[09:27] {ese} ahhhhh
[09:28] {davd} its on the east coast next to vermont :D
[09:29] {Threei}  (EU) ECB Trichet: Reiterates view that pace of inflation in the eurozone is above target; monetary union is vital to avoid economic imbalances
[09:29] {ese} we have a mt washington here on vancouver island as well
[09:30] {Threei} Short Setup: SLW  43 break half lot
[09:30] {Threei}  late
[09:30] {nemo} yeah, right
[09:30] {Threei}  not even speakminbg of FCX
[09:30] {nemo} well, you're 2 for 2
[09:31] {Threei}  let's watch both for second chance entry into bounce
[09:31] {Threei}  lol
[09:31] {nemo} fcx at pivot
[09:31] {Threei}  actually yes, bounce candidate
[09:32] {Threei} Long Setup:  FCX  .70 break
[09:33] {Threei}  1:1
[09:33] {Threei}  SLW
[09:33] {Threei}  right back into resistance
[09:33] {Threei} Short Setup: SLW  .90 break
[09:33] {Threei}  if stays under 43
[09:34] {Threei}  invalidated
[09:34] {Threei} Short Setup: SLW  43 break
[09:35] {Threei}  invalidated
[09:35] {Threei}  valid again
[09:36] {Threei}  not a scalp if works
[09:36] {Threei}  1:1, half out
[09:37] {Threei}  scalpers win
[09:40] {Threei}  RIMM Hearing Detweiler makes cautious comments on roll out of new QNX based products
[09:40] {jfjf64} x runnin
[09:41] {ese} L mo .05
[09:41] {Threei} Long Setup:  RIMM  .30 break
[09:41] {Threei}  if stays above .20
[09:41] {ese} large
[09:42] {Threei}  invalidated
[09:42] {nemo} rimm support .00
[09:43] {Threei} Long Setup:  LVS  .65 break
[09:43] {Threei}  if stays above .55
[09:44] {Threei}  invalidated
[09:44] {Threei}  (US) Preview: Feb Pending Home Sales due out at 10:00 ET
[09:45] {Threei} Short Setup: SLW  .40 break
[09:45] {nemo} wll
[09:46] {Natali} gm all :)
[09:46] {Threei}  morning natali
[09:46] {nemo} another optimist
[09:46] {Threei}  stop above .50
[09:47] {Threei} Long Setup:  LVS  .50 break
[09:47] {ese} out mo .13 +.08 phew
[09:47] {nemo} .40 offer
[09:47] {nemo} bid
[09:47] {Threei}  stop under .40
[09:47] {ese} 7k of it
[09:47] {Threei}  nice one ese
[09:47] {ese} haven't done that in a while
[09:48] {ese} actually...... have seen anything that would allow me to do that
[09:48] {dino} sm l kub .25 stop .94
[09:49] {Threei}  LVS no go
[09:50] {Threei}  SLW 1:1
[09:50] {Threei}  half out
[09:50] {Threei}  .27
[09:50] {Threei}  1:2
[09:50] {Threei}  1/4 out .22
[09:50] {Threei}  last portion stop breakeven
[09:50] {Threei}  out
[09:51] {nemo} in slw .36
[09:52] {nemo} 1/2 out .47
[09:53] {Threei} Long Setup:  X  .05 break
[09:53] {Threei}  half lot
[09:54] {Threei}  invalidated
[09:54] {Threei}  pullback entry though
[09:54] {Threei} Long Setup:  X  .95 break
[09:54] {Threei}  if stays above .85
[09:54] {nemo} out 2nd half lvs
[09:55] {nemo} this is jf's fault
[09:55] {Threei}  1:1
[09:56] {jfjf64} tommorrow  sleep in  till  10 am
[09:56] {jfjf64} k nemo
[09:56] {nemo} 10 am Hawaii time please
[09:56] {Threei}  1:2
[09:56] {Threei}  what are you unhappy about, whiners?
[09:56] {nemo} not whining...jf bad luck
[09:57] {Threei}  jf, you have permission and even encuragement to slap him silly
[09:57] {nemo} do your own dirty work
[09:57] {Threei}  nah, I am too lazy
[09:57] {Threei}  let's wait out home sales number now
[09:58] {dino} swm sm l .11 thin, wide
[09:59] {nemo} I don't think it has any effect
[10:00] {Threei}  *(US) FEB PENDING HOME SALES M/M: 2.1% V 0.0%E; Y/Y: -9.3% V -4.4% PRIOR
[10:01] {rambler} bot ek  3.79  L
[10:01] {Threei}  wow, X was good for more
[10:01] {Threei} Long Setup:  FCX  .40 break
[10:01] {rambler} bot nvgn 2.11 L
[10:02] {Threei}  stop under .30 scalpers, .25 day traders
[10:02] {rambler} sold nvgn  +.25
[10:03] {nemo} fcx down with iwm and spy
[10:04] {Threei}  (LB) Libyan Foreign Ministry: Announces ceasefire in Misrata
[10:04] {Threei}  for, like, 5th time?
[10:05] {Threei}  no go FCX
[10:05] {ese} well thought out battle plan.......see if it will fool tem this time
[10:06] {ese} ebay tanking
[10:06] {Threei}  they are buying GSIC
[10:06] {Threei}  just anounced
[10:07] {ese} ahhhh
[10:07] {ese} l .91
[10:08] {ese} ebay
[10:08] {dino} 29/sh
[10:08] {nemo} rimm
[10:08] {ese} out .out .04 +.13
[10:08] {ese} ebay
[10:10] {nemo} rimm looking short
[10:11] {nemo} .08 offers
[10:11] {Threei} Long Setup:  RIMM  .10 break
[10:11] {Threei}  if stays above 57
[10:11] {nemo} those offers moved down to .07
[10:11] {nemo} bids .00
[10:12] {nemo} hehehehe short at .07
[10:12] {nemo} 1:1
[10:12] {Threei}  EBAY is back into bounce zone
[10:13] {rambler} Vad, HON could be a runner today...
[10:14] {Threei}  last setup on it was .70 break
[10:15] {nemo} took another 1/4 at .89
[10:15] {Threei}  hopefully pulls back for entry
[10:15] {strider} short?
[10:15] {ese} to where boss
[10:15] {ese} .80?
[10:15] {Threei}  under .80 I'd get interested
[10:15] {rambler} EK working....
[10:16] {Threei}  what's with these sharp spikes in SPY today
[10:16] {dino} ges sm l .75
[10:16] {Threei}  HIG
[10:16] {Threei}  takeover rumors
[10:16] {nemo} stop to .00 rimm
[10:17] {rambler} MCP going again....
[10:18] {Threei} Long Setup:  CAT  .30 break
[10:18] {nemo} 1:2 rimm
[10:19] {Threei}  HON...
[10:19] {Threei}  starts looking like double top
[10:19] {Threei}  CAT invalidated
[10:19] {Threei} Short Setup: HON  59 break
[10:20] {Threei}  if stays under .10
[10:21] {Threei}  target 1:3 with partials
[10:22] {nemo} rimm 1:3 still holding last quarter
[10:23] {nemo} stop is .91
[10:24] {jfjf64} who cares nemo
[10:24] {Threei}  lol
[10:24] {nemo} fine
[10:24] {Threei}  die already HON
[10:24] {nemo} I'll dcc everybody else except you
06[10:24] * Threei hits HON over the head with 2x4
[10:25] {Threei}  wait... will it count as domestic violence?
[10:25] {nemo} only if they find the body
[10:25] {Threei}  ah OK then
[10:25] {Threei}  1:1
06[10:26] * Threei buys big bottle of acid
[10:27] {nemo} I won't say jf
[10:28] {davd} hon featured positively in barrons
[10:29] {rambler} hit stop ek...
[10:30] {Threei}  *(US) MAR DALLAS FED MANUFACTURING ACTIVITY: 11.5 V 17.6E
[10:30] {Threei}  ouch
[10:31] {Threei}  (LB) France President Sarkozy and UK PM Cameron state in joint declaration that no military occupation is wanted in Libya
[10:31] {Threei}  wet noodle
[10:32] {Threei}  let's cover 1/4 more HON
[10:32] {Threei}  .80 is quite strong support
[10:32] {RonS} ebay acting short 3i...
[10:32] {Threei}  want to secure more profit
[10:32] {dino} erj sm l .75
[10:33] {Threei}  looks like Ron
[10:33] {Threei}  no clean setup though
[10:35] {Threei}  come on HONey
[10:35] {Threei}  lose that .80
[10:35] {nemo} not gonna' say it jf
[10:35] {Threei}  good girl
[10:36] {rambler} bot onsm 1.77 L
[10:37] {nemo} not gonna talk about the high volume doji in rimm
[10:40] {rambler} hit HON with something VAD.....
[10:40] {Threei}  she is all bruised as it is...
[10:41] {Natali} stragling with software, it's quite complicated
[10:41] {rambler} stopped on onsm...
[10:41] {Threei}  private message natali
[10:41] {rambler} crapper...
[10:42] {Threei}  doubleclick on my name
[10:42] {Threei}  1:3 target hit
[10:42] {Threei}  out HON in full
[10:42] {Threei}  that was a good one
[10:42] {Threei}  if I may say so myself
[10:47] {nemo} out rimm .37
[10:47] {rambler} out HON ,thanks Vad
[10:47] {RonS} gj
[10:47] {Threei}  :)
[10:48] {nemo} sorry jf
[10:48] {Threei}  hooked big one nemo
[10:48] {nemo} yeah, not too bad
[10:48] {Threei}  Moby Dick
[10:49] {Threei}  this is interesting:
[10:49] {Threei}  DEER Announces Litigation Against Seeking Alpha Blogger "Alfred Little", Affirms 2011 Financial Guidance and Dividend Policy
[10:49] {nemo} bad news last week, terrible friday, NAS is doing squat, and it was just about to breech Friday close
[10:50] {rambler} HON flagging....
[10:50] {nemo} when the huge offer dropped from .08 to .07 I thought for sure going south
[10:53] {jfjf64} ty hon
[10:54] {Threei}  welcome jf
[10:54] {rambler} NVGN low vol coil....
[10:57] {ese} L vale .41
[10:57] {rambler} nvgn L 2.45
[11:02] {dino} ges stopped -.27
[11:02] {rambler} out nvgn  + .14
[11:02] {jfjf64} slb .20 short
[11:02] {nemo} bummer, too early rimm
[11:02] {Threei}  oh come on
[11:02] {Threei}  be reasonable
[11:03] {nemo} I did fine, just how do I do better
[11:03] {Threei}  (JP) TEPCO said to have detected plutonium in the soil around the Fukushima reactor complex, amounts of plutonium found "not harmful to human health" - Japan press
[11:04] {nemo} that is a crock of shit
[11:04] {nemo} there is no such thing as a safe amount of plutonium
[11:04] {Threei}  (GE) EU's Almunia: Germany cannot go on delaying the restructuring of its banks forever
[11:04] {strider} didn't say that.  Said 'not harmful'
[11:05] {Threei}  nemo... as every Russian knows, alcohol in small doses is harmless in any amount
[11:06] {RonS} jeez dino meli took off again
[11:06] {nemo} less than a milligram is fatal
[11:07] {Threei}  guys, don't forget to view HON trade in Catch of the Day after hours, there are couple "must know" things in that setup
[11:09] {ese} out .52 +.11 ...3k of the little blighters
[11:09] {Threei}  since when buggers became blighters?
[11:09] {nemo} since he found out what "bugger" means
[11:09] {nemo} he is a teacher you know
[11:09] {ese} i'm done for the day all....3 good winners but it's first day back after spring break and i gotta get stuff done.....cya
[11:10] {Threei}  ese, I just learned my firt 25 words of English... don't make me learn next 25 this soon
[11:10] {Threei}  take care
[11:10] {rambler} cya ese....
[11:10] {ese} lol
[11:10] {ese} make a great day all
[11:11] {rambler} hon ready to pop....
[11:12] {Threei}  hmmm
[11:12] {rambler} in at .42
[11:14] {davd} in hon .4
[11:15] {rambler} make up mind stock...
[11:15] {Threei}  (UK) UK PM Cameron: Would consider a tax on financial transactions (Tobin tax) if it were implemented equally on a global basis
[11:15] {Threei}  idiot
[11:16] {rambler} out...
[11:16] {Threei}  I dunno what you guys saw in it
[11:17] {jfjf64} bhi s .90
[11:17] {Threei}  on the other hand, that's what all my girlfriends were told by various people throughout all my life
[11:17] {rambler} saw green....
[11:17] {rambler} must be color blind....
[11:17] {Threei}  no setup... green prints by thmeselves is not a reason for entry
[11:20] {Threei}  new danger: Facebook depression
[11:20] {Threei}  this world lost its mind... can I get another world?
[11:20] {nemo} some of those faces are depressing
[11:20] {nemo} so, you see cellphone exhaustion/depression?
[11:21] {nemo} kids, sleeping with them under their pillows, so they won't miss an important text at 2:00 am
[11:21] {nemo} wtf
[11:21] {Threei}  stop the earth please
[11:21] {nemo} nah...buy more bullets...shoot people
[11:21] {jfjf64} slb   can ya say  dieeeeeeeeeeeeeeeee
[11:21] {jfjf64} bhi
[11:22] {jfjf64} sorry
[11:22] {nemo} looks short jf
[11:22] {jfjf64} im in .90
[11:23] {nemo} long or short?
[11:23] {jfjf64} hope ya dont kill my trade now
[11:23] {jfjf64} short
[11:23] {nemo} I'll go long .01
[11:24] {nemo} 1:1
[11:25] {rambler} llnw L 6.89
[11:26] {nemo} thanks jf
[11:27] {jfjf64} i dont lk ya today nemo
[11:27] {jfjf64} lol
[11:27] {nemo} take a number
[11:27] {Threei}  today???
[11:27] {nemo} yeah, VAD tells me what you dcc about me
[11:28] {dino} h sm l .00
[11:29] {nemo} out, 1:1 looks
[11:31] {davd} in h .00 small
[11:36] {davd} hon not sweet
[11:37] {Threei}  SPY went red
[11:38] {Threei}  sorry, QQQ
[11:38] {Threei}  SPY is still green... but not for long probably
[11:39] {Threei}  in case you were curious:
[11:39] {Threei}  *(IS) ISRAEL CENTRAL BANK RAISES THE BASE RATE BY 50 BPS TO 3.00%
[11:41] {davd} good for my barmitzva money
[11:42] {Threei} Short Setup: FXC  .90 break
[11:42] {Threei}  just a scalp most likely
[11:43] {nemo} fxc or fcx
[11:43] {Threei}  FXC
[11:43] {nemo} wow, dino stock
[11:44] {Threei}  ?
[11:44] {Threei}  1 cent spread
[11:44] {nemo} low volume
[11:44] {nemo} fcx
[11:44] {nemo} sorry
[11:44] {strider} yeah, what's up  withg that?
[11:44] {strider} so what was the trade?
[11:45] {strider} fcx or fxc
[11:45] {Threei}  [11:43] {Threei} FXC
[11:45] {strider} Okee!
[11:45] {Threei}  you guys will make it answer same question three timea?
[11:45] {Threei}  [11:45] {Threei} [11:43] {Threei} FXC
[11:45] {nemo} IWM or tna looks long
[11:46] {Threei}  not to me...
[11:46] {strider} not in short list here
[11:47] {Threei}  nor here
[11:47] {Threei}  oh well
[11:47] {Threei}  (PO) Portugal President schedules council of state meeting for March 31st, group to examine calling immediate election
[11:52] {Threei}  Russia: Opposition Leaders Sat Corruption Is Up Under Putin
[11:52] {Threei}  I want them to tell me when it was down
[11:52] {dino} shocking
[11:54] {Threei}  if I remember correct, it was 19th century tale about russian writer visiting some russian royalty in Paris... asked how things were back in motherland, he answered laconically: "everyone steals..."
[11:55] {Threei}  I may have confused some details, so Larisa may smack me down
[11:57] {nemo} think fcx two way here
[11:57] {nemo} short would be to .60 or so
[11:57] {nemo} lunch time on a range day....yeeeech
[11:59] {nemo} long fcx .86
[12:01] {nemo} 1/2 .95  just call me lunchwuss
[12:02] {Threei}  nemo is in rare shape
[12:02] {nemo} I should have massive hangovers and no sleep more often
[12:03] {nemo} 1/4 more .06
[12:03] {nemo} oh, half that at .07, lucky me
[12:04] {nemo} yeah, and I missed this: [11:47] {nemo} IWM or tna looks long
[12:05] {nemo} stop to b/e but don't tell jf
[12:05] {dino} ecpg drop
[12:06] {dino} gap fill
[12:07] {dino} sm l .65
[12:08] {Threei}  canadians, Lenin on TV
[12:08] {rambler} god help us...
[12:09] {Threei} Long Setup:  X  .50 break
[12:09] {rambler} has he pledged to solve world hunger as well...?
[12:09] {Threei}  if stays above .35
[12:10] {nemo} out rest of fcx .05
[12:10] {Threei}  he is in the best position possible - can promise anything with zero chance to ever have to fulfill promises
[12:11] {dino} out ecpg .95 +.309\
[12:11] {dino} .30
[12:12] {rambler} how about iggy yesterday stating that he is a democrat from the "bottom of my feet to the tops of my toes"...
[12:12] {Threei}  rofl, real;ly? I missed that
[12:12] {rambler} ooops.....fruedian slip or what...
[12:13] {Threei}  politicians are inexhaustible sources of fun
[12:14] {Threei}  X invalidated
[12:14] {rambler} unfortunately some believe in an inexhaustible supply of taxation for their 'nation building' ideas...
[12:17] {dino} thats because its not their money
[12:18] {rambler} roger that....
[12:34] {nemo} ebix at support from yesterday breakout
[12:35] {nemo} Friday breakout
[12:36] {dino} watching that
[13:01] {rambler} nvgn 2.62 L
[13:13] {Threei}  FCX
[13:13] {Threei}  watch for long entry on pullback
[13:13] {Threei}  desribaly closer to .90
[13:15] {Threei}  A Winnipeg lawyer pleaded guilty to professional misconduct Monday, admitting he pressured a client to have sex with his wife.
[13:15] {Threei}  what a screwed-up city
[13:16] {nemo} why?
[13:16] {Threei}  what do you mean why... why would he feel guilty about that??
[13:17] {RonS} but was the client male or female?
[13:17] {nemo} why did he want the client to have sex with his wife...menage?  wants to have a reason to divorce her?
[13:17] {Threei}  male
[13:18] {RonS} was his name Henny Youngman?
[13:18] {RonS} "take my wife...please..."
[13:18] {Threei}  http://winnipeg.ctv.ca/servlet/an/local/CTVNews/20110328/wpg_king_hearing_110328/20110328/?hub=WinnipegHome
[13:19] {nemo} damn, that iwm call I made...and then missed, was the bottom
[13:26] {Threei}  FCX, cancel that idea
[13:26] {Threei}  never pulled back far enough, and now is not a buy if goes there
[13:30] {dino} swm to .51
[13:31] {dino} out swm +.40
[13:31] {Threei}  wtg
[13:33] {dino} all dayer
[13:40] {dino} erj stopped .85, +.10
[13:41] {dino} el spike
[13:41] {Threei} Short Setup: EBIX  .65 break half lot
[13:41] {Threei}  if stays under .75
[13:42] {Threei}  invalidated
[13:48] {dino} h stopped -.12
[13:56] {davd} h stopped down .15
[13:58] {Threei} Long Setup:  EBIX  .75 break
[13:58] {Threei}  half lot
[13:58] {Threei}  thin one
[14:02] {Threei} Short Setup: RIMM  .30 break
[14:02] {Threei}  invalidated
[14:02] {Threei}  EBIX invalidated
[14:02] {Threei}  RIMM's fine
[14:03] {Threei}  still lunch lack of activity, let's do half lot
[14:06] {rambler} ADES pops...
[14:13] {Threei}  RIMM invalidated
[14:15] {Threei}  9501.JP Japan is mulling nationalization of Tepco - Japan press
[14:15] {Threei}  Govt considering relief to TEPCO's liability costs to evacuated residents, farmers, and others affected by the earthquake; Says utility operators are required to have liability insurance for up to 120B and may be responsible for anything above that amount; Press report estimating compensation bill to amount to several trillion yen.
[14:16] {rambler} have a good day all....thanks Vad....
[14:16] {Threei}  take care rambler
[14:16] {Threei}  TSLA Strength attributed to blog speculating that it could be a future takeover target
[14:19] {dino} skx sm l .00
[14:23] {dino} h sm l .71
[14:24] {dino} ades nice spread
[14:25] {strider} x?
[14:25] {nemo} 56.10 vwap
[14:27] {davd} in h .67 small
[14:28] {Threei} Short Setup: HON  .60 break
[14:29] {Threei}  if stays under .65 for superduperextrascalpers
[14:29] {Threei}  .70 for normal people
[14:32] {nemo} X bounced off vwap
[14:33] {strider} hon invaliumidated?
[14:33] {Threei}  yeah
[14:46] {Threei}  who unplugged X?
[14:46] {nemo} jf
[14:47] {Threei}  and FCX?
[14:47] {nemo} Les
[14:49] {nemo} X at support
[14:50] {dino} h stopped
[14:50] {nemo} interesting how rimm has held, can
[14:51] {nemo} can't last long
[14:53] {Threei} Long Setup:  FCX  .65 break
[14:53] {Threei}  half lot
[14:53] {Threei}  stop under .55
[14:53] {nemo} it's following spy
[14:54] {nemo} but .57 is pivot
[14:54] {Threei}  Egypt military place Mubarak under house arrest
[14:55] {Threei}  right... let's show all the dictators that they have no way out and better fight till bitter end
[14:57] {Threei}  X was better bounce candidate off .75
[14:58] {Threei}  let's trail FCX under .60
[14:59] {nemo} ebix
[15:02] {Threei}  1:1
[15:02] {davd} v spike
[15:02] {Threei}  like teeh pulling, but worked
[15:07] {Threei}  anyone's alive?
[15:08] {dino} not really
[15:09] {Threei}  (LB) Libya rebel council plans to put Muamar Gaddafi on trial following the end of hostilities
[15:09] {Threei}  yup... that's the statement after which he says fine, let's negotiate peace
[15:16] {nemo} mmmhhhh...V short under 73.00?
[15:16] {Threei}  probably but I doubt it will trigger
[15:17] {nemo} doom and gloom
[15:17] {Threei}  did
[15:18] {nemo} triggers and dies
[15:20] {Threei}  CBEN
[15:20] {Threei}  China Integrated Energy Denies allegations leveled against the company on a finance blog
[15:20] {Threei}  - China Integrated Energy has denied the allegations published in the article written by an author calling himself "Alfred Little." The Company has previously denied and addressed similar and overlapping allegations raised by an individual using the pseudonym "Sinclair Upton".
[15:20] {Threei}  - In order to provide the highest level of transparency to its shareholders, the Audit Committee of the Board of Directors had previously authorized the conduct of an independent investigation into the issues raised by Sinclair Upton. The Committee will ask the investigators also to consider the Alfred Little allegations. The Company intends to pursue all of its rights against the authors of these reports.
[15:20] {Threei}  seriosly, what the hell?
[15:21] {Threei}  anonymous blogger can post whatever he wants, influencing stock price?
[15:21] {dino} thats what happened w/ebix
[15:22] {dino} people are taking blogs as realk news
[15:22] {nemo} not sure real news is much better
[15:22] {Threei}  that one at least had actual name
[15:23] {nemo} jeez V either die or put me out of my misery...wtf
[15:25] {davd} must be some reg news on v, but i dont see it
[15:26] {dino} cnbc had some talk about the debit fees early this morning
[15:26] {Threei}  the only significant thing I see on it is Google partnership, but that's yeaterday
[15:26] {nemo} yeah baby
[15:26] {nemo} took half at .91
[15:27] {nemo} gonna tighten the stop to .06 play the right side of the H&S
[15:27] {davd} poss but move started at 2:15
[15:27] {davd} v move
[15:27] {Threei}  US Dollar vs Canadian Dollar Investor Dennis Gartman: Initiated short position today around C$0.9750- Stops around C$0.9855; Will add more below C$0.9725
[15:28] {nemo} IWM dropping spy holding
[15:28] {Threei}  see? my attemots to short FXC are supported by Gartman
[15:30] {nemo} out v
[15:43] {Threei}  SPY went red
[15:44] {Threei}  look aV now
[15:45] {nemo} do I have to?
[15:46] {nemo} oy
[15:46] {nemo} thought it was quiet today...no sneeze
[15:46] {Threei}  no news for this selloff
[15:47] {nemo} damn, was looking at lulu in the .60 area
[15:55] {Threei}  I like this red close
[15:56] {Threei}  bodes well for easier trading ahead
[15:57] {Threei}  OK guiys, thank you all
[15:57] {Threei}  have a good evening, see you tomorrow