Tuesday, May 31, 2011

May 31 2011

Very nice day with one stop and a whole lot of winning trades, in various sizes and directions

Session Time: Tue May 31 00:00:00 2011
06[08:57] * Threei slaps nemo around a bit with a large trout
[08:57] {nemo} native, or hatchery raised?
[08:58] {Threei}  mountain river, fresh
[08:58] {nemo} nice
[08:58] {Threei}  I just wanted to start a week on happy note
[08:58] {nemo} give it to the eagles...omg...they are getting big
[08:58] {nemo} yeah, but now I have to clean my monitors
[08:58] {Threei}  and what possibly could say "happy" better than slapping a comrade with a fuish
[08:59] {nemo} I have a few ideas
[08:59] {Threei}  no doubt
[08:59] {Threei}  but this is a family room
[08:59] {nemo} ?
[08:59] {Threei}  well... some of those ideas may be not entirely kosher
[08:59] {nemo} you call this a family room?
[09:00] {nemo} you mean Charlie Manson's family?
[09:00] {Threei}  lol
[09:00] {Threei}  *(US) MAR S&P/CASESHILLER 20-CITY COMPOSITE M/M: -0.23% V -0.24%E;
[09:01] {Threei}  non-event
[09:01] {larisa} gm :)
[09:02] {Threei}  larisa :)
[09:02] {larisa} vad :)
[09:02] {Threei}  dino... we can go back to sleep
[09:02] {dino} gm all
[09:02] {Threei}  morning
[09:04] {nemo} spy jumped on that but IWM didn't move
[09:05] {patience} good morning
[09:05] {Threei}  morning patience
[09:06] {nemo} 7) Scaramucci asked him how the US deficit is going to be solved? Cohen said either 1) The Democrats and Republicans will get together and work on a solution or 2) The market will fix it on its own. I instantly thought of Comedian Lewis Black’s quote that “The only thing dumber than a Democrat or a Republican is when the two of them try and work together.” So, sorry everyone, looks
[09:06] {nemo} like the market will simply have to correct itself someday,
[09:07] {ese} gm
[09:07] {Threei}  ese :)
[09:10] {nemo} who is "LaserHelp"?
06[09:11] * Threei slaps LaserHelp around a bit with a large trout
[09:11] {Threei}  let's see
[09:13] {rizvisy1} gm everyone
[09:13] {Threei}  riz :)
[09:13] {ese} rizo
[09:15] {samire} gm
[09:15] {ese} sam
[09:15] {Threei}  samire :)
[09:16] {Threei}  while we have a few min, and jf is not here:
[09:16] {Threei}  http://photography.realitytrader.com/2011/05/peacocks-mating-season.html
[09:16] {Threei}  http://photography.realitytrader.com/2011/05/sleepy-family-come-here-little-fish.html
[09:19] {Threei}  remember, last wee I spoke of market gains as reaction of relief to the can getting kicked down the road?
[09:19] {Threei}  how else can you take today's big gap up in response to second Greece bailout?
[09:19] {Threei}  as if it fixes anything
[09:20] {Threei}  while digging deeeper hole
[09:23] {davd} was there a bad case schiller?
[09:24] {Threei}  no, not really
[09:24] {Threei}  *(US) MAR S&P/CASESHILLER 20-CITY COMPOSITE M/M: -0.23% V -0.24%E;
[09:25] {ese} vad were you in Beacon Hill park Sunday?.......So was I at the bandshell with my high school rhythm and blues band
[09:25] {ese} from noon to 2
[09:25] {Threei}  no... Saturday
[09:27] {jfjf64} mornin all
[09:27] {Threei}  jf :)
[09:27] {jfjf64} time  to  make  the donuts
[09:28] {Threei}  huge gap up... hate it
[09:29] {jfjf64} yep
[09:29] {Threei}  my first inclination is to buy pullback
[09:29] {ese} them peacocks vad can sing rhythm and blues........
[09:30] {Threei}  :)
[09:30] {ese} they were almost louder than the band
[09:30] {Threei}  wouldn't you in the heat of mating season?? :)
[09:30] {jfjf64} ohhhhhhhhhhh
[09:31] {Threei} Long Setup:  SLW  .10 break
[09:31] {Threei}  if stays above 37 of course
[09:32] {Threei} Long Setup:  SETUP  x .05 break half lot
[09:32] {Threei}  correctingom
[09:32] {Threei} Long Setup:  X  .46 break half lot
[09:32] {nemo} not used to slw having a spread
[09:33] {Threei}  X 1:1 but wasn't really obtainable on a break
[09:33] {Threei}  if anyone got it, trail stop to .94
[09:33] {Threei}  1:2
[09:34] {Threei}  no go SLW
[09:34] {jfjf64} rimm in  trouble
[09:34] {Threei}  RIMM is short
[09:34] {ese} opps....just saw vad made a funny there.......slow on the uptake...what can i say
[09:35] {Threei}  .20 break
[09:37] {Threei} Long Setup:  SLW  37 break
[09:37] {Threei}  three long red tails
[09:38] {nemo} yo birdwatching?
[09:38] {Threei}  if triggers, not a scalp
[09:38] {Threei}  RIMM 1:1
[09:38] {Natali} gm:)
[09:38] {nemo} should probably hold rimm, might be an all day dripper
[09:38] {Threei}  natali :)
[09:39] {Threei}  could be, partial
[09:39] {Threei}  1:2
[09:39] {jfjf64} imo  yes  nemo
[09:39] {jfjf64} piece
[09:40] {Threei}  SLW invalidated
[09:40] {Threei}  missed FCX bounce because of it
[09:40] {jfjf64} pot
[09:40] {jfjf64} .25
[09:40] {jfjf64} short
[09:41] {RonS} gm chi pmi 2 min
[09:41] {Threei}  anf consumer confidence at 10
[09:41] {Threei} Short Setup: FCX  .60 break
[09:41] {Threei}  if stays under .70
[09:42] {Threei}  hopefully sets up after the numbers
[09:42] {Threei}  would hate to enter and run into great PMI
[09:42] {Threei}  bad numbers
[09:42] {jfjf64} im  sittin  tight
[09:42] {Threei}  1;1
[09:43] {Threei}  1:2
[09:43] {Threei}  out in full
[09:44] {nemo} rimm trying to shake out
[09:44] {jfjf64} ??
[09:44] {Threei}  you have last 1/4?
[09:44] {jfjf64} pot   short  here
[09:44] {nemo} yep
[09:44] {Threei}  keep stop above b/e
[09:44] {samire} are we still in X   long ?
[09:44] {samire} stop .94
[09:44] {samire} ok
[09:45] {Threei}  you partialed earlier samire?
[09:45] {samire} yes
[09:45] {Threei}  cool, gj
[09:45] {samire} + .13
[09:45] {Threei}  *(US) MAY CHICAGO PURCHASING MANAGER: 56.6 V 62.0E
[09:45] {jfjf64} comon  pot  dieeeeee
[09:46] {Threei}  second wave of selling on PMI, this time when its published for everyone
[09:46] {jfjf64} you  short  nemo
[09:46] {Threei}  helps your POT
[09:46] {Threei}  no jf, he is average height
[09:46] {jfjf64} lol
[09:47] {jfjf64} damn
[09:47] {nemo} short what?
[09:47] {jfjf64} was  slow  on  takin  profits
[09:47] {Threei}  Areva France PM: France has no intention to end the use of nuclear power
[09:47] {Threei}  ***Note that over the weekend, German Chancellor Merkel and coalition members agreed to close all German nuclear power plants by 2022.
[09:49] {Threei} Long Setup:  FCX  .30 break
[09:49] {Threei}  if stasy above .20
[09:50] {Threei}  target 1:2, two partials
[09:51] {Threei}  tighten stop to .24
[09:52] {samire} thanks Vad
[09:52] {Threei}  you out yet?
[09:53] {samire} yes
[09:53] {Threei}  was 1 cent to 1:1
[09:53] {samire} scalped
[09:53] {samire} lucky
[09:53] {Threei}  good tightening, would hate to get caught in this downdraft
[09:55] {Threei} Long Setup:  SLW  .85
[09:55] {Threei}  if stays above .75
[09:56] {Threei}  invalidated
[09:56] {Threei}  4 min till numbers
[09:57] {dino} ash sm s .70, bstop .01
[09:58] {Threei}  in case of good numers and positive reaction, SLW is .80 break long with stop under .70
[09:59] {Threei}  also, LVS
[09:59] {Threei}  .50 break long
[09:59] {Threei}  if holding above .40
[09:59] {dino} cov ash .30, +.40
[10:00] {Threei}  wtg
[10:00] {dino} ty
[10:00] {Threei}  bad numbers
[10:00] {Threei}  *(US) MAY CONSUMER CONFIDENCE:60.8 V 66.5E
[10:04] {Threei} Long Setup:  SLW  .60 break
[10:04] {Threei}  if holding .50 of course
[10:05] {Threei}  Research in Motion Ltd Early weakness partly attributed to Toronto Globe and Mail blog speculating that it might be time for co-CEO Lazaridis to step down
[10:07] {Threei}  aggressive entry would have been the best on SLW
[10:08] {Threei}  regular is questionable proposition, after the of sharp spike
[10:10] {Threei}  1:1 finally
[10:11] {Threei}  1:2
[10:11] {Threei}  out in full
[10:11] {Threei}  soewhat laborous trade, don't want to ride it any longer
[10:12] {patience} in tck
[10:16] {Threei} Short Setup: SLW  .75 break
[10:16] {samire} i get confused when toy type 1:1 then 1:2 quickly ???????
[10:16] {samire} like above
[10:16] {samire} did u still all at once ??
[10:16] {dino} sm s gifi .10, stop .41
[10:17] {Threei}  1:1 and 1:2 is price action
[10:17] {Threei}  if it happens quickly, that's how I type it :)
[10:17] {Threei}  how you react on price action is another matter
[10:17] {samire} what is price action  ?
[10:17] {Threei}  if you are a scalper, you will be out
[10:18] {Threei}  samire,. what does 1:1 refer to?
[10:18] {dino} risk:reward
[10:18] {nemo} in other words....
[10:19] {nemo} if you're stop was .10 from your entry, 1:1 means, price action has reached a profit of .10 cents or a 1 to 1 ratio
[10:19] {dino} don't enter w/o expewcting at least 1:1
[10:19] {ese} L optr .82
[10:20] {nemo} and don't follow dino
[10:20] {dino} indeed
[10:20] {ese} out 1/2 .91
[10:21] {nemo} dino is the Indiana Jones of trading
[10:21] {ese} +.09
[10:21] {Threei}  SLW 1:1
[10:21] {dino} my r:r is higher but shares are smaller
[10:22] {Threei}  scalpers win
[10:22] {ese} stopped optr balance even .83 +.01
[10:22] {ese} damn
[10:23] {ese} 2k at .09 is not bad iquess
[10:24] {dino} gj
[10:24] {ese} tks
[10:26] {Threei}  (GR) Germany FDP party member Schaeffler: Calls on Greece to "leave the euro zone"
[10:26] {Threei}  ***Note that the Free Democratic Party (FDP) is a junior government coalition partner, together with the CDU and the CSU.
[10:26] {Threei} Short Setup: X  .90 break
[10:28] {dino} gifi stop -.21
[10:29] {dino} bap sm l .50, stop .19
[10:30] {ese} how would they do that........buy there way out.....?   I have never considered it....
[10:30] {Threei}  *(US) MAY DALLAS FED MANUFACTURING ACTIVITY: -7.4 V 8.0E
[10:31] {Threei}  Greece ese?
[10:31] {ese} ya
[10:31] {Threei}  just leave
[10:31] {Threei}  default on debts, dump the euro as currency, return to drahma
[10:31] {ese} but there has to be some kind of disconnect with currencyies doesn't there
[10:31] {dino} stopped bap
[10:33] {Threei}  X 1:1
[10:33] {Threei}  once again, agressive entry would have been the best
[10:33] {Threei}  observation that may shape up our adaptation to changing market
[10:34] {_pragmatic} X +0.11 out full and back to work
[10:34] {dino} imo ese, its more germany's problem than greece
[10:34] {Threei}  exactly
[10:34] {Threei}  that's a vey pragmatic approach, pragmatic
[10:35] {ese} how so?
[10:35] {Threei}  ese, think of it like this:
[10:35] {dino} in too deep
[10:35] {Threei}  I drop by for a coffee, and and inbetween sips ask for 100K loan
[10:35] {Threei}  you nod and give it to me
[10:35] {Threei}  in a month I drop by again and say liste,
[10:36] {dino} like a bank w/bad cutomer that is huge
[10:36] {Threei}  I have troubles returning it, but if you give me 500K more, I will get out of problems and become solvent again
[10:36] {Threei}  you nod and give it to me
[10:36] {Threei}  in a month I drop by and say, sorry, didn't work out, bye
[10:36] {Threei}  whose problem is it, yours or mine? :)
[10:37] {dino} frc sm l .51
[10:37] {ese} what about the collateral part.....did they have to deposit some gold bars at world bank or something
[10:37] {Threei}  not enough to cover debt
[10:37] {dino} not w/euro
[10:38] {ese} hmmmmmmm
[10:38] {Threei}  euro is artifical construct
[10:39] {ese} damn......they need to sell more Kalamari   !!!!
[10:41] {ese} and......Retsina wine.
[10:41] {ese} that stuff tastes like paint thinner
[10:45] {Threei}  SPY... reversal or new breakdown?
[10:45] {nemo} reversal probably to .50 level
[10:46] {davd} did you see that goldman article re libya - lost 95%+ of the money?
[10:47] {dino} bap sm l .00
[10:47] {Threei}  no davd, missed that
[10:47] {davd} it really makes you cast doubt on those bullsht stats where they say "we had one losing day this quarter in our trading acct"
[10:48] {samire} i am green big today  thanks Vad
[10:48] {Threei}  I don't think they Libya invetsments have to do with their trading accountsa
[10:48] {Threei}  great to hear samire
[10:48] {dino} gj sam
[10:48] {Threei}  good job
[10:58] {dino} frc to .85
[10:58] {dino} out ave .83, +.32
[11:00] {dino} out bap .30, +.30
[11:00] {jfjf64} gj  dino
[11:00] {jfjf64} dino  grinding  today
[11:01] {jfjf64} jf  got  to   get  on  track
[11:03] {jfjf64} rimm
[11:03] {jfjf64} sayy good  night
[11:11] {dino} :D
[11:20] {dino} mos
[11:21] {dino} .50 wall
[11:25] {Threei}  still can't determine, up or down
[11:27] {dino} starting to feel down
[11:27] {nemo} awwwwww.....
[11:28] {Threei}  (CH) China said to be considering a special tax on foreign nationals - financial press
[11:36] {Threei}  hard tyo tell whether we are reversing or just getting locked in the range with those idiotic spikes up and down
[11:36] {Threei}  don't want to give back nice morning profits
[11:36] {Threei}  so will stay less activer unless something really compelling comes along
[11:38] {Threei}  this one seems to be too tempting but lety's do half lot, to stays on conservative side:
[11:38] {Threei} Short Setup: FCX  .80 break
[11:39] {Threei}  if stays unxcer .90
[11:39] {Threei}  under too
[11:39] {Threei}  my typing suffers badly
[11:45] {samire} i was away...are we in short ? FCX
[11:47] {Threei}  yes
[11:47] {samire} thanx
[11:48] {rizvisy1} slw
[11:49] {rizvisy1} falling
[11:49] {Threei}  .70 was a valid short entry on it
[11:49] {Threei}  FCX 1:1
[11:50] {rizvisy1} still .7 valid
[11:50] {rizvisy1} missed it
[11:51] {Threei}  1:2
[11:53] {samire} can any body explains to me what VAD means when he has 1:1 the 1:2 .....i thought 1:1 exit all
[11:54] {Threei}  samire, go to http://www.realitytrader.com/tradingroom/,
[11:54] {Threei}  scroll down to
[11:54] {samire} i did last week
[11:54] {Threei}  HOW TRADING ROOM OPERATES
[11:55] {Threei}  oaragraph As the price moves in our favor
[11:55] {Threei}  1:3, out
[11:56] {samire} 1:4 out
[11:57] {Threei}  please read that paragraph and make sure you understand the insturctions
[11:57] {Threei}  ask if something remains unclear
[11:57] {samire} now ...the above link is not opening
[11:57] {larisa} Samire, FCS 51.80 short call with stop above 51.90/ it means when price is 51.70 you have 10 cents that equals your risk of 10 cents, 1:1. When price hits 51.60 - your reward is 20 cents, twice as much as your risk  2:1.
[11:57] {Threei}  also, paragraph starting with If we feel strongly about taking a scalp
[11:58] {Threei}  http://www.realitytrader.com/tradingroom/
[11:58] {Threei}  opens like charm
[11:58] {Threei}  you must be copying itr with comma
[12:03] {Threei}  wow FCX... can I have some back?
[12:09] {Threei}  huge celebration in Winnipeg
[12:09] {Threei}  NHL team returns
[12:11] {Threei} Short Setup: SLW  .50 break
[12:13] {dino} yndx drop
[12:15] {Threei}  1;1
[12:15] {Threei}  we ad what, 1 stop today?
[12:16] {Threei}  and a whole lot of working ones, exceeding my miodets math abilities
[12:16] {samire} yes
[12:16] {Threei}  modest
[12:16] {samire} thanks Vad
[12:16] {Threei}  sure thing
[12:16] {larisa} SLW in the morning, FCX later
[12:16] {samire} i will buy you a candy
[12:16] {samire} when i c u
[12:16] {Threei}  lobster will do
[12:16] {Threei}  keep the candy
[12:16] {samire} sorry
[12:17] {Threei}  alternatively, a bottle of Glenlivet 18 years old
[12:25] {Threei}  1:2
[12:30] {ese} sell in may and go away.......sheesh
[12:31] {ese} I think i have to readjust my scans because it's be a good month and they are barely bringing up anything
[12:31] {ese} and when they do.......it's not much
[12:31] {dino} afternoons are dead
[12:32] {ese} hats off to you dino your scans still seem to produce for you though
[12:33] {dino} so far
[12:34] {Threei}  out SLW in full
[12:34] {Threei}  beautiful day
[12:35] {ese} well done chief
[12:35] {ese} it ain't sunny in this end of town
[12:35] {Threei}  ty
[12:35] {rizvisy1} gj 3i
[12:35] {Threei}  although I prefer meduim rare
[12:35] {rizvisy1} it is working for you today...
[12:48] {dino} meli sm l .70
[12:48] {ese} how bout this news that tanks Nokia this morning....
[12:48] {ese} WHO discloses findings that radio frequency fields are potentially carcinogenic - financial press- No definitive evidence that cell phones cause cancer in humans.
[12:49] {ese} NOK down 1 buck and a bit now....2 at one point
[12:50] {RonS} i guess guiding lower and dropping full year guidance has nothing to do w/ it...
[12:50] {RonS} :)
[12:51] {Threei}  so... who discloses that?
[12:51] {dino} sqns spike
[12:51] {ese} kind of like saying that inadvertently driving by vads place will cause my grass to grow uncontrolably and won't be mowed in a month
[12:51] {Threei}  hmmm
[12:51] {Threei}  it will also cause your crops wil and die
[12:51] {RonS} what 3i...
[12:52] {Threei}  your weeds thrive
[12:52] {Threei}  Ron.. WHO discloses findings...
[12:52] {ese} no....lol........sorry chief.......
[12:52] {Threei}  I couldn't help but ask: so who does disclose that?
[12:53] {RonS} ok i'll bite...world health organization
[12:53] {Threei}  oh come on...
[12:53] {Threei}  who's on first?
[12:53] {ese} I get this strange feeling that my board fees are about to increase
[12:54] {Threei}  and your crops - wilt and die...
[12:54] {ese} lol
[12:55] {Threei}  but on a serious note, yes - I do contemplate dring over in the middle of the night and stealing your gorgeous palm tree
[12:56] {ese} DON"T!!!!!!!!!!!!!!!!! touch .........our .........palm .........tree
[12:56] {RonS} advanced notice of thievery a cultural thing 3i?
[12:57] {Threei}  just natural hinesty, very detrimental to planning and implementation...
[12:57] {Threei}  honesty
[12:58] {Threei}  or maybe coming from my chess past... slogan of my teacher: treat is stronger than its actual execution
[12:58] {Threei}  threat
[12:58] {Threei}  what's with typing today, sheesh...
[13:00] {RonS} guess the teacher never spent time in the gulag...
[13:00] {ese} nahhh the typing is good 3i........i truely believe your coming up with a new language here....and that soon anyone who wants to participate on the board will have to learn it......i think it's a good idea
[13:01] {ese} but........don't!!!!!!!!! touch my palm tree........
[13:02] {Threei}  Threeiissh, we call it
[13:02] {ese} yup........good name
[13:03] {ese} L vrml 21
[13:03] {ese} .21
[13:06] {ese} stop to .19
[13:09] {dino} llen drop
[13:09] {ese} out 1/2 .30 +.09
[13:09] {ese} 1k
[13:10] {ese} 1k still hangin in there
[13:10] {rizvisy1} gj ese
[13:10] {Threei}  nice
[13:11] {ese} where should i trail this stop to vad to maximize
[13:11] {ese} .25?
[13:11] {ese} am at .19 now
[13:11] {RonS} Accounting Irregularities at L&L Energy :  http://tinyurl.com/3poccek
[13:12] {ese} .22 buggar it to break even
[13:13] {nemo} fcx
[13:13] {ese} out.43 +.21
[13:16] {nemo} SLW
[13:17] {ese} I'm outta here ladies and gents.....gotta teach choir
[13:17] {RonS} when is school out?
[13:17] {rizvisy1} bye ese
[13:18] {ese} 2 and a half weeks then exams
[13:18] {RonS} wow, been out here for two weeks
[13:19] {dino} cya ese
[13:19] {Threei}  take care ese
[13:21] {RonS} bought a $50 flood light bulb over weekend...
[13:21] {Threei}  saved half of the planet?
[13:21] {RonS} cree designed 65w equiv that draws 10w power
[13:22] {RonS} reason was it throws no heat
[13:22] {RonS} led...
[13:23] {Threei}  I dunno... foer that peice, that bulb would have to cook my breakfast and fulfill other spousal obligations
[13:23] {Threei}  price
[13:24] {RonS} ya, well...figured better that than running AC unit for whole house
[13:25] {RonS} ...and i hate those damn cfl's...
[13:26] {RonS} unbelibable to me that the guvmint would promote anything w/ mercury
[13:26] {RonS} second or third most toxic substance on the planet
[13:38] {Threei}  there is a lot of turbulence about that here in Canada
[13:39] {Threei}  guidelines for dealing with broken bulb, especially in a carpeted room, are mind-boggling
[13:40] {Threei}  considering that we are quake-prone zone, one letter asked how rescue dogs will be supposed to search for survivors in the houses full of broken mercury-ontaining bulbs
[13:59] {Threei}  test please, anyone can short LNKD?
[14:00] {Threei}  if yes, 85 break, small shares
[14:00] {RonS} not here...but there are options...
[14:02] {Threei}  let's paper trade it at least
[14:03] {Threei}  85 break short, if stays under .25
[14:03] {Threei}  target 1:4
[14:10] {patience} .
[14:14] {RonS} took meli .68 to 87.18  +.50  thanks dino
[14:15] {dino} gj, my stop to .19
[14:17] {dino} out .18, +.48
[14:21] {Threei}  how about that, LNKD?
[14:21] {Threei}  1:4
[14:21] {Threei}  1:8
[14:21] {Threei}  in one big swoop
[14:24] {Threei}  sheesh... tough crowd
[14:24] {Threei}  I don't like you lot
[14:26] {dino} gnom
[14:26] {Threei}  who are you calling gnom?
[14:27] {dino} lol
[14:27] {Threei}  is it a word in english?
[14:27] {Threei}  in russian, it means dwarf
[14:28] {dino} symbol
[14:28] {Threei}  I know :)
[14:28] {dino} i know you know
[14:30] {RonS} http://tinyurl.com/3fyntpe
[14:30] {Threei}  lol
[15:04] {RonS} brcm acting like it wants a gap fill
[15:04] {Threei}  and tests support...
[15:13] {Threei}  anyone went for short on it?
[15:14] {rizvisy1} INTC .37 -.10
[15:21] {dino} vhi s l .69, gappy/wide
[15:30] {dino} frc lod
[15:40] {Threei}  do they vote today on debt cieling?
[15:42] {dino} dk
[15:45] {Threei}  why the closing spike
[15:46] {nemo} just getting back to the open, higher highs all day
[15:48] {Threei}  I guess your day starts at 12:26 then :)
[15:48] {Threei}  12:36
[15:48] {nemo} once the lows were made nimrod
[15:49] {nemo} IWM bottomed at 10:30
[15:49] {Threei}  hmmm... I seem to be in a pickle here:
[15:50] {nemo} herring?
[15:50] {Threei}  called a bouncer to throw nemo outta the door, and do you think the bouncer is?
[15:50] {nemo} ;)
[15:50] {Threei}  hehe
[15:50] {nemo} I'm a bit masochistic though...might work
[15:51] {Threei}  oh, ok... not that bleak then
[15:51] {Threei}  can I also ask you to be rough on you?
[15:51] {nemo} you can ask...
[15:52] {nemo} bunny is just so photogenic today
[15:54] {dino} took hours but out bap ..22, +.32
[15:59] {dino} out vhi ave .72 +.03
[16:01] {patience} thanks vad, small down day for me
[16:01] {Threei}  hmmm
[16:01] {Threei}  big up here
[16:01] {Threei}  one stop, the rest are all wins
[16:01] {patience} distracted with other responsibilities, shouldn't combine stuff   :)
[16:01] {Threei}  OK, thank you all
[16:01] {Threei}  have a good evening, see you tomorrow

May 31 2011

Session Time: Tue May 31 00:00:00 2011
06[08:57] * Threei slaps nemo around a bit with a large trout
[08:57] {nemo} native, or hatchery raised?
[08:58] {Threei}  mountain river, fresh
[08:58] {nemo} nice
[08:58] {Threei}  I just wanted to start a week on happy note
[08:58] {nemo} give it to the eagles...omg...they are getting big
[08:58] {nemo} yeah, but now I have to clean my monitors
[08:58] {Threei}  and what possibly could say "happy" better than slapping a comrade with a fuish
[08:59] {nemo} I have a few ideas
[08:59] {Threei}  no doubt
[08:59] {Threei}  but this is a family room
[08:59] {nemo} ?
[08:59] {Threei}  well... some of those ideas may be not entirely kosher
[08:59] {nemo} you call this a family room?
[09:00] {nemo} you mean Charlie Manson's family?
[09:00] {Threei}  lol
[09:00] {Threei}  *(US) MAR S&P/CASESHILLER 20-CITY COMPOSITE M/M: -0.23% V -0.24%E;
[09:01] {Threei}  non-event
[09:01] {larisa} gm :)
[09:02] {Threei}  larisa :)
[09:02] {larisa} vad :)
[09:02] {Threei}  dino... we can go back to sleep
[09:02] {dino} gm all
[09:02] {Threei}  morning
[09:04] {nemo} spy jumped on that but IWM didn't move
[09:05] {patience} good morning
[09:05] {Threei}  morning patience
[09:06] {nemo} 7) Scaramucci asked him how the US deficit is going to be solved? Cohen said either 1) The Democrats and Republicans will get together and work on a solution or 2) The market will fix it on its own. I instantly thought of Comedian Lewis Black’s quote that “The only thing dumber than a Democrat or a Republican is when the two of them try and work together.” So, sorry everyone, looks
[09:06] {nemo} like the market will simply have to correct itself someday,
[09:07] {ese} gm
[09:07] {Threei}  ese :)
[09:10] {nemo} who is "LaserHelp"?
06[09:11] * Threei slaps LaserHelp around a bit with a large trout
[09:11] {Threei}  let's see
[09:13] {rizvisy1} gm everyone
[09:13] {Threei}  riz :)
[09:13] {ese} rizo
[09:15] {samire} gm
[09:15] {ese} sam
[09:15] {Threei}  samire :)
[09:16] {Threei}  while we have a few min, and jf is not here:
[09:16] {Threei}  http://photography.realitytrader.com/2011/05/peacocks-mating-season.html
[09:16] {Threei}  http://photography.realitytrader.com/2011/05/sleepy-family-come-here-little-fish.html
[09:19] {Threei}  remember, last wee I spoke of market gains as reaction of relief to the can getting kicked down the road?
[09:19] {Threei}  how else can you take today's big gap up in response to second Greece bailout?
[09:19] {Threei}  as if it fixes anything
[09:20] {Threei}  while digging deeeper hole
[09:23] {davd} was there a bad case schiller?
[09:24] {Threei}  no, not really
[09:24] {Threei}  *(US) MAR S&P/CASESHILLER 20-CITY COMPOSITE M/M: -0.23% V -0.24%E;
[09:25] {ese} vad were you in Beacon Hill park Sunday?.......So was I at the bandshell with my high school rhythm and blues band
[09:25] {ese} from noon to 2
[09:25] {Threei}  no... Saturday
[09:27] {jfjf64} mornin all
[09:27] {Threei}  jf :)
[09:27] {jfjf64} time  to  make  the donuts
[09:28] {Threei}  huge gap up... hate it
[09:29] {jfjf64} yep
[09:29] {Threei}  my first inclination is to buy pullback
[09:29] {ese} them peacocks vad can sing rhythm and blues........
[09:30] {Threei}  :)
[09:30] {ese} they were almost louder than the band
[09:30] {Threei}  wouldn't you in the heat of mating season?? :)
[09:30] {jfjf64} ohhhhhhhhhhh
[09:31] {Threei} Long Setup:  SLW  .10 break
[09:31] {Threei}  if stays above 37 of course
[09:32] {Threei} Long Setup:  SETUP  x .05 break half lot
[09:32] {Threei}  correctingom
[09:32] {Threei} Long Setup:  X  .46 break half lot
[09:32] {nemo} not used to slw having a spread
[09:33] {Threei}  X 1:1 but wasn't really obtainable on a break
[09:33] {Threei}  if anyone got it, trail stop to .94
[09:33] {Threei}  1:2
[09:34] {Threei}  no go SLW
[09:34] {jfjf64} rimm in  trouble
[09:34] {Threei}  RIMM is short
[09:34] {ese} opps....just saw vad made a funny there.......slow on the uptake...what can i say
[09:35] {Threei}  .20 break
[09:37] {Threei} Long Setup:  SLW  37 break
[09:37] {Threei}  three long red tails
[09:38] {nemo} yo birdwatching?
[09:38] {Threei}  if triggers, not a scalp
[09:38] {Threei}  RIMM 1:1
[09:38] {Natali} gm:)
[09:38] {nemo} should probably hold rimm, might be an all day dripper
[09:38] {Threei}  natali :)
[09:39] {Threei}  could be, partial
[09:39] {Threei}  1:2
[09:39] {jfjf64} imo  yes  nemo
[09:39] {jfjf64} piece
[09:40] {Threei}  SLW invalidated
[09:40] {Threei}  missed FCX bounce because of it
[09:40] {jfjf64} pot
[09:40] {jfjf64} .25
[09:40] {jfjf64} short
[09:41] {RonS} gm chi pmi 2 min
[09:41] {Threei}  anf consumer confidence at 10
[09:41] {Threei} Short Setup: FCX  .60 break
[09:41] {Threei}  if stays under .70
[09:42] {Threei}  hopefully sets up after the numbers
[09:42] {Threei}  would hate to enter and run into great PMI
[09:42] {Threei}  bad numbers
[09:42] {jfjf64} im  sittin  tight
[09:42] {Threei}  1;1
[09:43] {Threei}  1:2
[09:43] {Threei}  out in full
[09:44] {nemo} rimm trying to shake out
[09:44] {jfjf64} ??
[09:44] {Threei}  you have last 1/4?
[09:44] {jfjf64} pot   short  here
[09:44] {nemo} yep
[09:44] {Threei}  keep stop above b/e
[09:44] {samire} are we still in X   long ?
[09:44] {samire} stop .94
[09:44] {samire} ok
[09:45] {Threei}  you partialed earlier samire?
[09:45] {samire} yes
[09:45] {Threei}  cool, gj
[09:45] {samire} + .13
[09:45] {Threei}  *(US) MAY CHICAGO PURCHASING MANAGER: 56.6 V 62.0E
[09:45] {jfjf64} comon  pot  dieeeeee
[09:46] {Threei}  second wave of selling on PMI, this time when its published for everyone
[09:46] {jfjf64} you  short  nemo
[09:46] {Threei}  helps your POT
[09:46] {Threei}  no jf, he is average height
[09:46] {jfjf64} lol
[09:47] {jfjf64} damn
[09:47] {nemo} short what?
[09:47] {jfjf64} was  slow  on  takin  profits
[09:47] {Threei}  Areva France PM: France has no intention to end the use of nuclear power
[09:47] {Threei}  ***Note that over the weekend, German Chancellor Merkel and coalition members agreed to close all German nuclear power plants by 2022.
[09:49] {Threei} Long Setup:  FCX  .30 break
[09:49] {Threei}  if stasy above .20
[09:50] {Threei}  target 1:2, two partials
[09:51] {Threei}  tighten stop to .24
[09:52] {samire} thanks Vad
[09:52] {Threei}  you out yet?
[09:53] {samire} yes
[09:53] {Threei}  was 1 cent to 1:1
[09:53] {samire} scalped
[09:53] {samire} lucky
[09:53] {Threei}  good tightening, would hate to get caught in this downdraft
[09:55] {Threei} Long Setup:  SLW  .85
[09:55] {Threei}  if stays above .75
[09:56] {Threei}  invalidated
[09:56] {Threei}  4 min till numbers
[09:57] {dino} ash sm s .70, bstop .01
[09:58] {Threei}  in case of good numers and positive reaction, SLW is .80 break long with stop under .70
[09:59] {Threei}  also, LVS
[09:59] {Threei}  .50 break long
[09:59] {Threei}  if holding above .40
[09:59] {dino} cov ash .30, +.40
[10:00] {Threei}  wtg
[10:00] {dino} ty
[10:00] {Threei}  bad numbers
[10:00] {Threei}  *(US) MAY CONSUMER CONFIDENCE:60.8 V 66.5E
[10:04] {Threei} Long Setup:  SLW  .60 break
[10:04] {Threei}  if holding .50 of course
[10:05] {Threei}  Research in Motion Ltd Early weakness partly attributed to Toronto Globe and Mail blog speculating that it might be time for co-CEO Lazaridis to step down
[10:07] {Threei}  aggressive entry would have been the best on SLW
[10:08] {Threei}  regular is questionable proposition, after the of sharp spike
[10:10] {Threei}  1:1 finally
[10:11] {Threei}  1:2
[10:11] {Threei}  out in full
[10:11] {Threei}  soewhat laborous trade, don't want to ride it any longer
[10:12] {patience} in tck
[10:16] {Threei} Short Setup: SLW  .75 break
[10:16] {samire} i get confused when toy type 1:1 then 1:2 quickly ???????
[10:16] {samire} like above
[10:16] {samire} did u still all at once ??
[10:16] {dino} sm s gifi .10, stop .41
[10:17] {Threei}  1:1 and 1:2 is price action
[10:17] {Threei}  if it happens quickly, that's how I type it :)
[10:17] {Threei}  how you react on price action is another matter
[10:17] {samire} what is price action  ?
[10:17] {Threei}  if you are a scalper, you will be out
[10:18] {Threei}  samire,. what does 1:1 refer to?
[10:18] {dino} risk:reward
[10:18] {nemo} in other words....
[10:19] {nemo} if you're stop was .10 from your entry, 1:1 means, price action has reached a profit of .10 cents or a 1 to 1 ratio
[10:19] {dino} don't enter w/o expewcting at least 1:1
[10:19] {ese} L optr .82
[10:20] {nemo} and don't follow dino
[10:20] {dino} indeed
[10:20] {ese} out 1/2 .91
[10:21] {nemo} dino is the Indiana Jones of trading
[10:21] {ese} +.09
[10:21] {Threei}  SLW 1:1
[10:21] {dino} my r:r is higher but shares are smaller
[10:22] {Threei}  scalpers win
[10:22] {ese} stopped optr balance even .83 +.01
[10:22] {ese} damn
[10:23] {ese} 2k at .09 is not bad iquess
[10:24] {dino} gj
[10:24] {ese} tks
[10:26] {Threei}  (GR) Germany FDP party member Schaeffler: Calls on Greece to "leave the euro zone"
[10:26] {Threei}  ***Note that the Free Democratic Party (FDP) is a junior government coalition partner, together with the CDU and the CSU.
[10:26] {Threei} Short Setup: X  .90 break
[10:28] {dino} gifi stop -.21
[10:29] {dino} bap sm l .50, stop .19
[10:30] {ese} how would they do that........buy there way out.....?   I have never considered it....
[10:30] {Threei}  *(US) MAY DALLAS FED MANUFACTURING ACTIVITY: -7.4 V 8.0E
[10:31] {Threei}  Greece ese?
[10:31] {ese} ya
[10:31] {Threei}  just leave
[10:31] {Threei}  default on debts, dump the euro as currency, return to drahma
[10:31] {ese} but there has to be some kind of disconnect with currencyies doesn't there
[10:31] {dino} stopped bap
[10:33] {Threei}  X 1:1
[10:33] {Threei}  once again, agressive entry would have been the best
[10:33] {Threei}  observation that may shape up our adaptation to changing market
[10:34] {_pragmatic} X +0.11 out full and back to work
[10:34] {dino} imo ese, its more germany's problem than greece
[10:34] {Threei}  exactly
[10:34] {Threei}  that's a vey pragmatic approach, pragmatic
[10:35] {ese} how so?
[10:35] {Threei}  ese, think of it like this:
[10:35] {dino} in too deep
[10:35] {Threei}  I drop by for a coffee, and and inbetween sips ask for 100K loan
[10:35] {Threei}  you nod and give it to me
[10:35] {Threei}  in a month I drop by again and say liste,
[10:36] {dino} like a bank w/bad cutomer that is huge
[10:36] {Threei}  I have troubles returning it, but if you give me 500K more, I will get out of problems and become solvent again
[10:36] {Threei}  you nod and give it to me
[10:36] {Threei}  in a month I drop by and say, sorry, didn't work out, bye
[10:36] {Threei}  whose problem is it, yours or mine? :)
[10:37] {dino} frc sm l .51
[10:37] {ese} what about the collateral part.....did they have to deposit some gold bars at world bank or something
[10:37] {Threei}  not enough to cover debt
[10:37] {dino} not w/euro
[10:38] {ese} hmmmmmmm
[10:38] {Threei}  euro is artifical construct
[10:39] {ese} damn......they need to sell more Kalamari   !!!!
[10:41] {ese} and......Retsina wine.
[10:41] {ese} that stuff tastes like paint thinner
[10:45] {Threei}  SPY... reversal or new breakdown?
[10:45] {nemo} reversal probably to .50 level
[10:46] {davd} did you see that goldman article re libya - lost 95%+ of the money?
[10:47] {dino} bap sm l .00
[10:47] {Threei}  no davd, missed that
[10:47] {davd} it really makes you cast doubt on those bullsht stats where they say "we had one losing day this quarter in our trading acct"
[10:48] {samire} i am green big today  thanks Vad
[10:48] {Threei}  I don't think they Libya invetsments have to do with their trading accountsa
[10:48] {Threei}  great to hear samire
[10:48] {dino} gj sam
[10:48] {Threei}  good job
[10:58] {dino} frc to .85
[10:58] {dino} out ave .83, +.32
[11:00] {dino} out bap .30, +.30
[11:00] {jfjf64} gj  dino
[11:00] {jfjf64} dino  grinding  today
[11:01] {jfjf64} jf  got  to   get  on  track
[11:03] {jfjf64} rimm
[11:03] {jfjf64} sayy good  night
[11:11] {dino} :D
[11:20] {dino} mos
[11:21] {dino} .50 wall
[11:25] {Threei}  still can't determine, up or down
[11:27] {dino} starting to feel down
[11:27] {nemo} awwwwww.....
[11:28] {Threei}  (CH) China said to be considering a special tax on foreign nationals - financial press
[11:36] {Threei}  hard tyo tell whether we are reversing or just getting locked in the range with those idiotic spikes up and down
[11:36] {Threei}  don't want to give back nice morning profits
[11:36] {Threei}  so will stay less activer unless something really compelling comes along
[11:38] {Threei}  this one seems to be too tempting but lety's do half lot, to stays on conservative side:
[11:38] {Threei} Short Setup: FCX  .80 break
[11:39] {Threei}  if stays unxcer .90
[11:39] {Threei}  under too
[11:39] {Threei}  my typing suffers badly
[11:45] {samire} i was away...are we in short ? FCX
[11:47] {Threei}  yes
[11:47] {samire} thanx
[11:48] {rizvisy1} slw
[11:49] {rizvisy1} falling
[11:49] {Threei}  .70 was a valid short entry on it
[11:49] {Threei}  FCX 1:1
[11:50] {rizvisy1} still .7 valid
[11:50] {rizvisy1} missed it
[11:51] {Threei}  1:2
[11:53] {samire} can any body explains to me what VAD means when he has 1:1 the 1:2 .....i thought 1:1 exit all
[11:54] {Threei}  samire, go to http://www.realitytrader.com/tradingroom/,
[11:54] {Threei}  scroll down to
[11:54] {samire} i did last week
[11:54] {Threei}  HOW TRADING ROOM OPERATES
[11:55] {Threei}  oaragraph As the price moves in our favor
[11:55] {Threei}  1:3, out
[11:56] {samire} 1:4 out
[11:57] {Threei}  please read that paragraph and make sure you understand the insturctions
[11:57] {Threei}  ask if something remains unclear
[11:57] {samire} now ...the above link is not opening
[11:57] {larisa} Samire, FCS 51.80 short call with stop above 51.90/ it means when price is 51.70 you have 10 cents that equals your risk of 10 cents, 1:1. When price hits 51.60 - your reward is 20 cents, twice as much as your risk  2:1.
[11:57] {Threei}  also, paragraph starting with If we feel strongly about taking a scalp
[11:58] {Threei}  http://www.realitytrader.com/tradingroom/
[11:58] {Threei}  opens like charm
[11:58] {Threei}  you must be copying itr with comma
[12:03] {Threei}  wow FCX... can I have some back?
[12:09] {Threei}  huge celebration in Winnipeg
[12:09] {Threei}  NHL team returns
[12:11] {Threei} Short Setup: SLW  .50 break
[12:13] {dino} yndx drop
[12:15] {Threei}  1;1
[12:15] {Threei}  we ad what, 1 stop today?
[12:16] {Threei}  and a whole lot of working ones, exceeding my miodets math abilities
[12:16] {samire} yes
[12:16] {Threei}  modest
[12:16] {samire} thanks Vad
[12:16] {Threei}  sure thing
[12:16] {larisa} SLW in the morning, FCX later
[12:16] {samire} i will buy you a candy
[12:16] {samire} when i c u
[12:16] {Threei}  lobster will do
[12:16] {Threei}  keep the candy
[12:16] {samire} sorry
[12:17] {Threei}  alternatively, a bottle of Glenlivet 18 years old
[12:25] {Threei}  1:2
[12:30] {ese} sell in may and go away.......sheesh
[12:31] {ese} I think i have to readjust my scans because it's be a good month and they are barely bringing up anything
[12:31] {ese} and when they do.......it's not much
[12:31] {dino} afternoons are dead
[12:32] {ese} hats off to you dino your scans still seem to produce for you though
[12:33] {dino} so far
[12:34] {Threei}  out SLW in full
[12:34] {Threei}  beautiful day
[12:35] {ese} well done chief
[12:35] {ese} it ain't sunny in this end of town
[12:35] {Threei}  ty
[12:35] {rizvisy1} gj 3i
[12:35] {Threei}  although I prefer meduim rare
[12:35] {rizvisy1} it is working for you today...
[12:48] {dino} meli sm l .70
[12:48] {ese} how bout this news that tanks Nokia this morning....
[12:48] {ese} WHO discloses findings that radio frequency fields are potentially carcinogenic - financial press- No definitive evidence that cell phones cause cancer in humans.
[12:49] {ese} NOK down 1 buck and a bit now....2 at one point
[12:50] {RonS} i guess guiding lower and dropping full year guidance has nothing to do w/ it...
[12:50] {RonS} :)
[12:51] {Threei}  so... who discloses that?
[12:51] {dino} sqns spike
[12:51] {ese} kind of like saying that inadvertently driving by vads place will cause my grass to grow uncontrolably and won't be mowed in a month
[12:51] {Threei}  hmmm
[12:51] {Threei}  it will also cause your crops wil and die
[12:51] {RonS} what 3i...
[12:52] {Threei}  your weeds thrive
[12:52] {Threei}  Ron.. WHO discloses findings...
[12:52] {ese} no....lol........sorry chief.......
[12:52] {Threei}  I couldn't help but ask: so who does disclose that?
[12:53] {RonS} ok i'll bite...world health organization
[12:53] {Threei}  oh come on...
[12:53] {Threei}  who's on first?
[12:53] {ese} I get this strange feeling that my board fees are about to increase
[12:54] {Threei}  and your crops - wilt and die...
[12:54] {ese} lol
[12:55] {Threei}  but on a serious note, yes - I do contemplate dring over in the middle of the night and stealing your gorgeous palm tree
[12:56] {ese} DON"T!!!!!!!!!!!!!!!!! touch .........our .........palm .........tree
[12:56] {RonS} advanced notice of thievery a cultural thing 3i?
[12:57] {Threei}  just natural hinesty, very detrimental to planning and implementation...
[12:57] {Threei}  honesty
[12:58] {Threei}  or maybe coming from my chess past... slogan of my teacher: treat is stronger than its actual execution
[12:58] {Threei}  threat
[12:58] {Threei}  what's with typing today, sheesh...
[13:00] {RonS} guess the teacher never spent time in the gulag...
[13:00] {ese} nahhh the typing is good 3i........i truely believe your coming up with a new language here....and that soon anyone who wants to participate on the board will have to learn it......i think it's a good idea
[13:01] {ese} but........don't!!!!!!!!! touch my palm tree........
[13:02] {Threei}  Threeiissh, we call it
[13:02] {ese} yup........good name
[13:03] {ese} L vrml 21
[13:03] {ese} .21
[13:06] {ese} stop to .19
[13:09] {dino} llen drop
[13:09] {ese} out 1/2 .30 +.09
[13:09] {ese} 1k
[13:10] {ese} 1k still hangin in there
[13:10] {rizvisy1} gj ese
[13:10] {Threei}  nice
[13:11] {ese} where should i trail this stop to vad to maximize
[13:11] {ese} .25?
[13:11] {ese} am at .19 now
[13:11] {RonS} Accounting Irregularities at L&L Energy :  http://tinyurl.com/3poccek
[13:12] {ese} .22 buggar it to break even
[13:13] {nemo} fcx
[13:13] {ese} out.43 +.21
[13:16] {nemo} SLW
[13:17] {ese} I'm outta here ladies and gents.....gotta teach choir
[13:17] {RonS} when is school out?
[13:17] {rizvisy1} bye ese
[13:18] {ese} 2 and a half weeks then exams
[13:18] {RonS} wow, been out here for two weeks
[13:19] {dino} cya ese
[13:19] {Threei}  take care ese
[13:21] {RonS} bought a $50 flood light bulb over weekend...
[13:21] {Threei}  saved half of the planet?
[13:21] {RonS} cree designed 65w equiv that draws 10w power
[13:22] {RonS} reason was it throws no heat
[13:22] {RonS} led...
[13:23] {Threei}  I dunno... foer that peice, that bulb would have to cook my breakfast and fulfill other spousal obligations
[13:23] {Threei}  price
[13:24] {RonS} ya, well...figured better that than running AC unit for whole house
[13:25] {RonS} ...and i hate those damn cfl's...
[13:26] {RonS} unbelibable to me that the guvmint would promote anything w/ mercury
[13:26] {RonS} second or third most toxic substance on the planet
[13:38] {Threei}  there is a lot of turbulence about that here in Canada
[13:39] {Threei}  guidelines for dealing with broken bulb, especially in a carpeted room, are mind-boggling
[13:40] {Threei}  considering that we are quake-prone zone, one letter asked how rescue dogs will be supposed to search for survivors in the houses full of broken mercury-ontaining bulbs
[13:59] {Threei}  test please, anyone can short LNKD?
[14:00] {Threei}  if yes, 85 break, small shares
[14:00] {RonS} not here...but there are options...
[14:02] {Threei}  let's paper trade it at least
[14:03] {Threei}  85 break short, if stays under .25
[14:03] {Threei}  target 1:4
[14:10] {patience} .
[14:14] {RonS} took meli .68 to 87.18  +.50  thanks dino
[14:15] {dino} gj, my stop to .19
[14:17] {dino} out .18, +.48
[14:21] {Threei}  how about that, LNKD?
[14:21] {Threei}  1:4
[14:21] {Threei}  1:8
[14:21] {Threei}  in one big swoop
[14:24] {Threei}  sheesh... tough crowd
[14:24] {Threei}  I don't like you lot
[14:26] {dino} gnom
[14:26] {Threei}  who are you calling gnom?
[14:27] {dino} lol
[14:27] {Threei}  is it a word in english?
[14:27] {Threei}  in russian, it means dwarf
[14:28] {dino} symbol
[14:28] {Threei}  I know :)
[14:28] {dino} i know you know
[14:30] {RonS} http://tinyurl.com/3fyntpe
[14:30] {Threei}  lol
[15:04] {RonS} brcm acting like it wants a gap fill
[15:04] {Threei}  and tests support...
[15:13] {Threei}  anyone went for short on it?
[15:14] {rizvisy1} INTC .37 -.10
[15:21] {dino} vhi s l .69, gappy/wide
[15:30] {dino} frc lod
[15:40] {Threei}  do they vote today on debt cieling?
[15:42] {dino} dk
[15:45] {Threei}  why the closing spike
[15:46] {nemo} just getting back to the open, higher highs all day
[15:48] {Threei}  I guess your day starts at 12:26 then :)
[15:48] {Threei}  12:36
[15:48] {nemo} once the lows were made nimrod
[15:49] {nemo} IWM bottomed at 10:30
[15:49] {Threei}  hmmm... I seem to be in a pickle here:
[15:50] {nemo} herring?
[15:50] {Threei}  called a bouncer to throw nemo outta the door, and do you think the bouncer is?
[15:50] {nemo} ;)
[15:50] {Threei}  hehe
[15:50] {nemo} I'm a bit masochistic though...might work
[15:51] {Threei}  oh, ok... not that bleak then
[15:51] {Threei}  can I also ask you to be rough on you?
[15:51] {nemo} you can ask...
[15:52] {nemo} bunny is just so photogenic today
[15:54] {dino} took hours but out bap ..22, +.32
[15:59] {dino} out vhi ave .72 +.03
[16:01] {patience} thanks vad, small down day for me
[16:01] {Threei}  hmmm
[16:01] {Threei}  big up here
[16:01] {Threei}  one stop, the rest are all wins
[16:01] {patience} distracted with other responsibilities, shouldn't combine stuff   :)
[16:01] {Threei}  OK, thank you all
[16:01] {Threei}  have a good evening, see you tomorrow

Friday, May 27, 2011

May 27 2011

Lackluster day finishing teeth-pulling week. Pre-long-weekend trading.

Session Time: Fri May 27 00:00:01 2011
[09:08] {rizvisy1} gm everyone
[09:09] {patience} gm, it's Friday!!!!
[09:10] {Threei}  good morning
[09:21] {Threei}  did we decide to take a day off today??
[09:22] {ese} morning
[09:23] {RonS} gm
[09:23] {Threei}  ese :)
[09:23] {larisa} gm :)
[09:23] {Threei}  Ron :)
[09:23] {Threei}  larisa :)
[09:23] {ese} day off from what?
[09:23] {ese} ron laris
[09:23] {Threei}  dunno... everyone seems to be asleep
[09:23] {patience} well i'm up $410 on overnight trades, so if i sell off in a few minutes, sure
[09:24] {ese} what trades patience
[09:24] {patience} holding abx mainloy, but also gg and slw
[09:24] {ese} that beats my $75.00 up o sify
[09:25] {patience} then i can trot down to oak bay municipal hall and hand it over for property taxes ese
[09:25] {ese} i'll say....we just got ours as well
[09:25] {ese} owning 2 houses houses here is a killer
[09:26] {Threei}  we are crying for you ese
[09:26] {patience} totally
[09:26] {ese} ha ha
[09:27] {Threei}  he owes two houses in the second-most expensive jurisdiction in Canada
[09:27] {Threei}  everyone: ohh... poor guy
[09:27] {Threei}  owes = owns
[09:28] {ese} no no........owes is the correct term
[09:28] {Threei}  lol
[09:28] {jfjf64} mornin 2 all
[09:28] {Threei}  ok then :)
[09:28] {Threei}  jf :)
[09:28] {patience} but he has to mow 2 lawns vad, year round
[09:28] {ese} jf
[09:28] {jfjf64} ese
[09:28] {Threei}  watching TTWO for possible short
[09:30] {Threei}  half lot .40 break
[09:31] {Threei}  if stays under .55
[09:31] {Threei}  invalidated
[09:32] {jfjf64} slw
[09:33] {nemo} TNA has moved all of .15 in 3 minutes, does the market have a pulse?
[09:33] {Threei} Short Setup: RIMM  43 break
[09:34] {jfjf64} .15
[09:34] {jfjf64} stop
[09:34] {Threei}  well, it's friday before the long weekend
[09:34] {nemo} yep
[09:34] {patience} in tck
[09:34] {jfjf64} in rimm
[09:36] {Threei}  (GR) Greece politicians fail to reach an agreement to deal with debt crisis - financial press
[09:36] {jfjf64} comon  baby
[09:36] {ese} out SIFY .92 +.16
[09:36] {RonS} wow brcm
[09:37] {Threei}  hmm
[09:37] {Threei}  no news that I see
[09:38] {Threei}  so far so good RIMM
[09:38] {Threei}  weak while market moves up
[09:38] {jfjf64} schhh
[09:38] {Threei}  should die when market pulls back
[09:39] {jfjf64} comon  mkt
[09:39] {jfjf64} dieeeeeeeeeee
[09:39] {nemo} spy closed gap in premarket, will likely test
[09:39] {Threei}  RIMM starts looking like milk trade
[09:40] {jfjf64} jf  likes  milk
[09:40] {Threei}  really??
[09:40] {jfjf64} ba ba
[09:41] {jfjf64} out
[09:41] {nemo} milk went sour
[09:41] {jfjf64} yes
[09:42] {jfjf64} or  maybe  not
[09:42] {jfjf64} i  jumped  off
[09:42] {Threei}  US) Preview: May Final University of Michigan Confidence Index due out at 09:55ET**Consensus expectation: 72.4e v 72.4 May Prelim
[09:43] {Threei}  (US) Preview: Apr Pending Home Sales due out at 10:00 ET
[09:43] {Threei}  out
[09:44] {Threei}  too bad, this one had great potential
[09:44] {jfjf64} no  damage
[09:46] {jfjf64} nem
[09:46] {jfjf64} .85  break
[09:46] {jfjf64} imo
[09:47] {Threei} Long Setup:  CAT  .85 break half lot
[09:47] {Threei}  stop under .70
[09:48] {rizvisy1} probably TTWO had great potential , lol
[09:48] {samire} did rimm triger ?
[09:48] {patience} out tck, abx
[09:48] {samire} sorry did cat trigger
[09:49] {Threei}  yes
[09:50] {Threei}  (GR) German CDU party official Meister: Germany ready to help Greece sell asets; Debt reprofiling remains an option
[09:50] {Threei}  - The issue of asset sales and reprofiling are linked
[09:50] {Threei}  - Does not share ECB opposition to debt reprofiling
[09:51] {Threei}  numbers are close...
[09:52] {Threei}  no go
[09:52] {Threei}  hate holding volatile position that close to numbers
[09:52] {samire} cat was stopped correct ?
[09:53] {Threei}  samire, do you have quotes??
[09:53] {samire} yes
[09:53] {samire} stopped
[09:53] {samire} just to confirm
[09:54] {larisa} {no go} means stopped
[09:54] {samire} ok
[09:54] {Threei}  variation: no worky
[09:54] {jfjf64} dont  get  larisa   mad
[09:54] {samire} thanks
[09:54] {Threei}  let's wait out numbers
[09:55] {Threei}  *(US) MAY FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 74.3 V 72.4E
[09:55] {Threei}  frikin CAT
[09:55] {Threei}  rinse
[09:56] {samire} 100 dollars stock should be given more room...ow opinion
[09:56] {samire} own
[09:56] {Threei}  so make your modifications
[09:56] {Threei}  and trade acccording to your risk profile
[09:56] {jfjf64} rimm
[09:56] {samire} ok
[09:56] {jfjf64} rince
[09:56] {jfjf64} f     k
[09:57] {jfjf64} stop  .15
[09:57] {rizvisy1} rimm rinse
[09:59] {Threei}  OK, this I really hate
[09:59] {Threei}  both trades work like charm - after rinsing us out
[10:00] {rizvisy1} exactly this happened...
[10:00] {nemo} summer pattern, this happened last year
[10:00] {nemo} we're one step early
[10:00] {rizvisy1} more painstaking
[10:00] {Threei}  *(US) APR PENDING HOME SALES M/M: -11.6% V -1.0%E; Y/Y: -26.8% V -11.5% PRIOR
[10:02] {Threei}  yikes
[10:03] {jfjf64} very  negative  great  ulysses
[10:03] {jfjf64} PMA
[10:04] {RonS} ?
[10:04] {jfjf64} positive   metal  attitude
[10:04] {jfjf64} this  summer   we  rock
[10:04] {RonS} sounds like u should work for the TSA
[10:05] {jfjf64} lol
[10:06] {jfjf64} gld
[10:06] {jfjf64} fightin
[10:07] {patience} vad, you feel any pullback time in tck?
[10:08] {Threei}  can't tell really
[10:08] {ese} home sales not a forward looking indicator though
[10:08] {RonS} ctxs breakout
[10:09] {Threei} Short Setup: LVS  .60 break
[10:10] {jfjf64} late
[10:10] {Threei}  who? for what?
[10:10] {jfjf64} in
[10:12] {davd} housing beat sentiment?
[10:13] {Threei}  well, housing numbers were seriously bad
[10:13] {Threei}  while sentiment - moderately good
[10:13] {Threei}  if LVS doesn't work, I'll cut my wrists with banana
[10:14] {nemo} and sentiment is fantasy
[10:15] {rizvisy1} Vad, don't do that we still need you ,lol
[10:15] {Threei}  ok, where is that banana
[10:15] {Threei}  one of those days, huh
[10:15] {_pragmatic} :) :)
[10:15] {Threei}  alternatively, I may eat larisa's keyboard
[10:22] {jfjf64} s   mcp .97
[10:23] {jfjf64} dieeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
[10:24] {nemo} DRC
[10:24] {nemo} huge seller .60-.61
[10:28] {Threei}  break of the dam
[10:29] {jfjf64} comon  mcp
[10:30] {jfjf64} 63.00  a  wall
[10:31] {ese} L QPSA .21 3/4
[10:33] {Threei} Short Setup: SLW  .55 break
[10:35] {nemo} think I'll wait for it to rinse you then enter
[10:37] {ese} lol
[10:42] {Threei}  stop to .61
[10:43] {patience} in tck nov calls
[10:43] {Threei}  your move, nemo
[10:45] {nemo} ESRX
[10:46] {RonS} esrx...selloff prob in sympathy w/ mhs losing $3 bil contract to cvs
[10:47] {Threei} Long Setup:  FCX  .40 break
[10:47] {Threei}  for nemo - under .30
[10:48] {nemo} VWAP is .43
[10:58] {Threei}  believe it or not - 1:1
[10:59] {Threei}  what, no takers?
[10:59] {Threei}  whimps
[11:00] {_pragmatic} out (+.10) and back to work. See you next Tue
[11:00] {Threei}  lol
[11:00] {Threei}  take care
[11:00] {ese} cya prag
[11:02] {ese} L hgg .60
[11:03] {ese} stop .50
[11:08] {Threei}  1:2
[11:08] {Threei}  out in full
[11:08] {Threei}  there... and you thought I couldn't trade 25 cents for a phone call
[11:25] {jfjf64} outta  heree    see all tuesday  
[11:25] {jfjf64} enjoy
[11:26] {Threei}  take care jf, have a great long weekend
[11:26] {RonS} cya jf
[11:26] {jfjf64} yes
[11:26] {Threei}  and don;'t cry if we hook a big one later today
[11:26] {jfjf64} u  too  my  friend
[11:26] {Threei}  :)
[11:28] {ese} stopped......hgg .49 -.11
[11:52] {Threei} Short Setup: RIMM  .50 break
[11:57] {RonS} in .57
[11:57] {Threei}  nice entry
[11:57] {RonS} just trying to make sure you know we are awake
[11:59] {Threei}  ty
[11:59] {Threei}  it makes a difference
[12:03] {Threei}  RIMM, are you blind?
[12:04] {Threei}  UUP up, market down, SLW sinks like a rock
[12:07] {Threei}  shrug
[12:12] {Threei}  (GR) European treasury officials are said to be discussing a rollover of Greece debt with various European banks - financial press
[12:13] {Threei}  I take it. masrket has accepted that Greece has no chance in hell to remain solvent
[12:13] {Threei}  it's about contagion and Spain now
[12:39] {Threei}  with a lot of protests in Europe and Egypt scheduled for the weekend, and it being a long one... don't we have ti have some selling to eod?
[12:40] {RonS} no
[12:40] {nemo} I think we get some whipsaw and then end about here on the spy
[12:41] {RonS} only retail left now...
[12:42] {davd} remember, the high flyers are up on window dressing and could fall back on tuesday imo
[12:43] {patience} .
[12:56] {Threei}  well... I must try RIMM short on .80 break
[12:57] {rizvisy1} it heard you..
[12:57] {Threei}  if it doesn't set up it's fine
[12:57] {Threei}  it's when they do set up, then rinse, then work - that I feel like eating someone's keyboard
[12:58] {Threei}  larisa's comes to mind the most often
[12:58] {rizvisy1} jnpr
[12:58] {rizvisy1} jnpr
[12:59] {rizvisy1} see any setup with JNPR?
[13:00] {Threei}  not really
[13:01] {rizvisy1} I guess it will be on recovery path, history says
[13:10] {Threei}  so, the secret to profits today is to take any, even if less than 1:1
[13:10] {nemo} seems we might have to think about buying support and not breakouts unless the stock is in play
[13:11] {rizvisy1} 1:1 for jnpr already
[13:15] {ese} .
[13:15] {Threei}  good point
[13:16] {ese} ya my scanner are working in slow motion........tough week/weeks to find stuff
[13:17] {ese} still long qpsa.......will hold it to the end of the day
[13:19] {Threei}  die already RIMM
[13:23] {Threei}  fially
[13:23] {Threei}  1;1
[13:30] {ese} nice one with rimm vad......just checking out that chart
[13:33] {ese} gotta......am gonna try to check in later
[13:56] {Threei}  JNPR put in nice double bottom
[13:56] {Threei}  a bit too narrow, but chart configured well
[13:56] {rizvisy1} good sp at 37
[13:57] {rizvisy1} extended trend line from yesterday
[13:58] {rizvisy1} I believe it was well oversold
[13:59] {RonS} Have a good weekend everyone...cutting out early.
[13:59] {rizvisy1} here it goes
[13:59] {Threei}  take care ron, have a good long one
[14:01] {rizvisy1} pretty much aligned with market
[14:07] {Threei}  ugh
[14:07] {Threei}  thought of another RIMM short near .80
[14:07] {Threei}  got away, this one
[14:07] {rizvisy1} would have been great idea
[14:23] {Threei}  witching this bounce for possibkle entry
[14:23] {Threei}  watching too
[14:24] {rizvisy1} for RIMM?
[14:24] {Threei}  yeah
[14:45] {patience} .
[14:49] {Threei}  here comes my selling into eod?
[14:49] {Threei}  and ron is not here to hear my "told ya so"?
[14:49] {Threei}  sigh,,, life is so unfair
[15:01] {Threei}  market losing ground
[15:02] {Threei}  RIMM .50 break for a scalp
[15:06] {Threei} Short Setup: SLW  .45 break if stays under .50
[15:12] {Threei} Short Setup: SLW  .50 break if stays under .55
[15:23] {Threei}  looks ready
[15:23] {Threei}  double top
[15:25] {Threei}  ok... triple
[15:30] {nemo} you're gonna love this, hit some key combination...next thing I know, bought 800 shares...didn't even know of what
[15:30] {nemo} look, TNA
[15:30] {nemo} goes up .12
[15:30] {Threei}  hmmm
[15:30] {patience} did that yesterday, but with abx
[15:30] {Threei}  you better disable ythat
[15:30] {nemo} as you would say my A$$ was out
[15:32] {nemo} yeah, trying to figure that out now, didn't think they worked when mouse mode was enabled
[15:32] {nemo} that was weird
[15:36] {Threei}  what the deuce
[15:38] {nemo} what?
[15:38] {Threei}  SPY spike
[15:39] {nemo} well, yeah, vwap is .53 monthly pivot point is .58
[15:40] {rizvisy1} SLW still valid?
[15:42] {Threei}  I don't know what to say... spikes up and down with no rhyme or reason
[15:43] {nemo} http://www.freestockcharts.com?emailChartID=d0880c6e-a9f0-465f-843b-9bd113316582
[15:43] {nemo} look where vwap is and the solid lighter yellow line is the monthly pivot point
[15:44] {nemo} the IWM is pinned at the VWAP at the moment
[15:45] {rizvisy1} Have a good weekend
[15:45] {rizvisy1} bye
[15:45] {nemo} mom and dad in the nest
[15:45] {Threei}  take care, you too
[15:50] {Threei}  ok guys, let's finish this annoying week
[15:50] {Threei}  have a greatg relaxing long weekend
[15:50] {nemo} peace and quiet
[15:50] {Threei}  see you all on Tuesday
[15:50] {patience} thanks very much vad

Thursday, May 26, 2011

May 26 2011

Negative day, even though started out great, with one of trades going for 1:6 r/r. Misjudged the market later on which led to a few too many stops.

Session Time: Thu May 26 00:00:00 2011

[08:43] {Threei}  (US) INITIAL JOBLESS CLAIMS: 424K V 404KE; CONTINUING CLAIMS: 3.69M V 3.70ME
[08:44] {Threei}  (US) Q1 PRELIMINARY GDP Q/Q ANNUALIZED: 1.8% V 2.2%E; PERSONAL CONSUMPTION: 2.2% V 2.8%E
[08:59] {ese} morning
[08:59] {Threei}  ese :)
[09:00] {ese} hmmmm so far so good......bad internet connection problems for me yesterday over here
[09:00] {Threei}  happens quite regularly for you...
[09:00] {ese} definitely in the last year it seems to be frequent
[09:01] {ese} are you on shaw or telus vad
[09:01] {Threei}  shaw
[09:01] {ese} were on telus
[09:01] {ese} am not impressed
[09:03] {ese} every morning sometime between 7:00 and 7:15 i get a 30 second cut off.....am trying to figure out if it's the way my clock is set matching the east or what
[09:03] {ese} or the broker
[09:04] {Threei}  run something contonuous at that time, to see whether it experiences similar pause
[09:04] {Threei}  like youtube movie
[09:05] {ese} theres an idea
[09:12] {dino} gm all
[09:12] {rizvisy1} gm everyone
[09:13] {Threei}  dino, riz :)
[09:14] {ese} dino
[09:15] {dino} :D
[09:23] {patience} gm guys
[09:23] {Threei}  patience :)
[09:23] {RonS} gm all
[09:24] {Threei}  ron :)
[09:26] {Threei}  larisa :)
[09:26] {larisa} gm :)
[09:27] {Threei}  no clear opening play yet
[09:29] {Threei}  (GR) EU's Juncker: Does not expect Greece to meet its 2011 budget goals, calls on Greece to pursue an aggressive privitization program
[09:29] {Threei}  - Greek savings and consolidation is not enough for the long term.
[09:29] {Threei}  {Greece} become a facebook member and go friend yourself
[09:30] {ese} it's only taken them 4000 years to break the bank
[09:30] {Threei} Short Setup: SLW  .50 break
[09:30] {Threei}  if stays under .60
[09:31] {Threei}  (GR) IMF's Blanchard: Greece situation holds contagion risks
[09:31] {Threei}  hood morning blanchard
[09:33] {Threei}  (US) FDIC's Bair: Worst is over on the economic cycle, very few firms will be labeled as systemically important
[09:33] {Threei}  - Greatest threat to the economic security is the Govt's inability to control debt levels; Congress must raise the debt ceiling
[09:34] {ese} EDE
[09:35] {ese} suspended dividend.....dn 4 bills
[09:35] {ese} L .52 ede
[09:36] {Threei} Short Setup: FCX  .70 break
[09:36] {ese} out .58
[09:36] {jfjf64} mornin
[09:36] {ese} 1/2
[09:36] {jfjf64} ty
[09:36] {jfjf64} slw
[09:36] {Threei}  stop above .80
[09:36] {Threei}  jf :)
[09:36] {Threei}  1:1
[09:37] {dino} watching that ede ese
[09:37] {ese} out full ede .65
[09:37] {dino} gj
[09:37] {Threei}  scalpers win
[09:37] {ese} +.06 , +.13
[09:37] {ese} quick
[09:37] {nemo} with the $ down so bad can't believe resource stocks can stay down
[09:37] {Threei}  true, this is unusual
[09:38] {nemo} probably moving with expectation of QEIII
[09:38] {Threei} Short Setup: SLW  .30 break
[09:39] {ese} am gonna keep monitoring it dino......
[09:39] {ese} ede that is
[09:39] {ese} it's still going
[09:40] {Threei}  not a scalp SLW
[09:40] {Threei}  1:1
[09:40] {dino} gappy trader'
[09:40] {Threei}  half out .19
[09:40] {Threei}  stop to .32
[09:41] {Threei}  1:2, 1/4 out
[09:41] {patience} ty slw vad
[09:41] {Threei}  welcome
[09:41] {jfjf64} ty ty
[09:41] {Threei}  stop is still there, .32
[09:42] {Threei}  stop to .22
[09:42] {Threei}  decide for yourself cover at 1:3 or trail
[09:42] {Threei}  can't tell one way or another, personal preference
[09:43] {Threei} Long Setup:  FCX  .80 break
[09:43] {Threei}  stop under .70
[09:44] {Threei}  no go
[09:45] {dino} hrl sm l .54
[09:45] {Threei}  1:3, if trailing - trail to .15
[09:47] {Threei} Long Setup:  LVS  .70 break
[09:47] {nemo} got away before I got there
[09:47] {Threei}  get there faster, will ya
[09:47] {Threei}  second chance
[09:48] {Threei}  same setup
[09:48] {Threei}  SLW to .10
[09:48] {Threei}  1:4
[09:49] {Threei}  LVS trigger again
[09:50] {Threei}  SLW to .06
[09:50] {Threei}  LVS stopped
[09:52] {Threei} Long Setup:  RIMM  .10 break
[09:52] {Threei}  if stays above 43 of course
[09:53] {Threei}  1:1
[09:54] {Threei}  SLW 1:5
[09:54] {Threei}  trailing to .02
[09:55] {Threei}  1:6
[09:55] {Threei}  enough is enough, out
[09:55] {jfjf64} lol
[09:56] {jfjf64} 1:6
[09:56] {jfjf64} same  yest
[09:56] {jfjf64} nice
[09:56] {_pragmatic} what a ride!
[09:56] {Threei}  even that was too soon, lol
[09:56] {Threei}  1:7
[09:56] {Threei}  speaking of rides... everyone reviewed yesterday's catch of the day?
[09:57] {gregns} .yup
[09:57] {jfjf64} yup
[09:57] {jfjf64} nice
[09:57] {nemo} you really want me to answer?
[09:57] {jfjf64} lol
[09:57] {Threei}  {--- getting ready to nemo reciting all the details off the trade to make sure we speak of the same one, then saying nope, haven't seen it
[09:58] {nemo} hate being so predictable
[09:58] {Threei}  Euro vs US Dollar Euro off its session highs following Juncker comments that IMF might not release the next tranch in June
[09:58] {Threei}  (IS) Israel Fin Min: Govt evaluating methods to prevent additional housing price increases
[09:59] {Threei}  hat to evaluatre... shott anyone who wants to buy a house, prices will fall
[09:59] {Threei}  shoot
[09:59] {patience} must have been tough asking for permission to stay out late at your house vad
[10:00] {nemo} think mum just brought back a rodent
[10:00] {Threei}  na, everything is negotiable
[10:00] {Threei}  uh oh
[10:00] {Threei}  uh oh uh oh
[10:00] {Threei}  (IT) EU's Juncker: Italy and Belgium are not at risk
[10:01] {Threei}  good bye Italy and Belgium
[10:01] {ese} ede dino ...thoughts
[10:02] {dino} wanted pullback to .50 but not happening, so i guess up
[10:02] {dino} cm sm l .00
[10:02] {RonS} this is the power co ese that is in the tornado geog...the fact they suspended divvy means they have really been slammed
[10:04] {samire} slw is bouncing
[10:04] {ese} tks Ron.....
[10:05] {Threei} Long Setup:  CAT  .45 break half lot
[10:05] {Threei}  invalidated
[10:05] {Threei}  but looking for another entry
[10:06] {Threei}  yeah, the moment I started lookking was it, lol
[10:06] {RonS} Joplin mo had 2000 buildings destroyed...
[10:06] {ese} L sify .76
[10:07] {ese} 1/2
[10:07] {dino} afl sm l .99
[10:08] {rizvisy1} sify
[10:13] {Threei} Short Setup: X  .50 break
[10:15] {Threei}  let's take half lot here aggressively
[10:15] {Threei}  and add half lot on actual break
[10:16] {jfjf64} hmm
[10:16] {Threei}  stop for first half is above .70
[10:16] {jfjf64} thats  new
[10:17] {Threei}  if triggers from here, stop for the whole thing will be .65
[10:18] {Threei}  (US) Supreme Court upholds Arizona law that empowers the state to shut down businesses that hire illegal immigrants
[10:19] {Threei}  heh
[10:19] {Threei}  Bank of Ireland (IR) Ireland Fin Min could force losses on sub debtors in a junior debt for equity swap scheduled for tommorow - financial press
[10:19] {Threei}  - Losses could be forced if some debtors refuse to take the offer
[10:20] {Threei}  after .45 loss trail stop to .61
[10:20] {ese} doesn't look like it but this mrkt wants up because it can't seem to sell dn.....imo
[10:20] {patience} i agree, down for part of the day ending green
[10:21] {Threei}  (EU) ECB's Gonzalez-Paramo: Feels Spain has some issues that must be resolved
[10:21] {RonS} ...watching cmg on this ruling...
[10:22] {dino} rst drop
[10:24] {Threei}  no go X
[10:26] {Threei}  not delighted with today
[10:26] {Threei}  a few too many small stops
[10:30] {nemo} vrtx
[10:31] {samire} looking for a short on vrtx ?
[10:31] {samire} or long ?
[10:31] {nemo} short, already broke
[10:31] {nemo} retracement to .80 I'd pick it up
[10:31] {samire} i agree
[10:32] {nemo} she probably won't stop until around .30
[10:36] {nemo} mum's eating not sharing with the kids
[10:40] {Threei}  (GR) IMF: Affirms cannot lend without financial assurances from EU partners on the Greece loan program
[10:40] {Threei}  - Discussions in Greece will center around fiscal adjustments and ensuring no financing issues
[10:41] {dino}  greece getting ready to say f u and drop the euro imo
[10:41] {Threei}  very much so
[10:41] {patience} absolutely dino
[10:41] {Threei}  and whole EU faints of the very thought of such development
[10:41] {Threei}  because that's the beginning of the end
[10:42] {Threei}  for whole lot of people who built their entire life around this construct
[10:42] {dino} if greece goes, then ireland, etc, dominos
[10:43] {patience} i don't think if, i think when
[10:43] {dino} agree w/ya
[10:43] {Threei}  funny... for years I was talking about EU and Euro as dead man walking, and was laughed at
[10:44] {Threei}  now it's common kniowldege
[10:44] {Threei}  when China Ponzi scheme collapses, I will have the chance to say told ya so one more time
[10:46] {dino} csc blood
[10:46] {ese} ya
[10:46] {ese} been wathing that one
[10:46] {dino} rst too
[10:47] {ese} haven't been watching that one
[10:47] {nemo} US is a ponzi scheme too
[10:48] {Threei}  yes
[10:48] {nemo} buy more bullets
[10:49] {Threei}  but US is ummm... let's call it less worst of bad choices
[10:53] {Threei}  some strange disconnects keep me at bay
[10:53] {Threei}  but overall, feels to me like short is the way to go
[10:53] {Threei}  and market is getting ready to plunge
[10:55] {dino} not so sure, everything feels a bit off
[10:56] {Threei}  what do we do when we are not sure?
[10:56] {dino} sit
[10:56] {Threei}  we make beer bets
[10:56] {Threei}  I bet of drop
[10:56] {dino} ahh yes, indeed
[10:56] {Threei}  on
[10:56] {Threei}  :)
[10:57] {dino} i bet up
[10:57] {Threei}  cool... larisa?
[10:58] {davd} drops to 1312 and bounces up from there
[10:58] {Threei}  hmmm... such precision
[10:58] {Threei}  OK... , drops and doesn't bounce
[10:59] {Threei}  ends day at the low
[10:59] {Threei}  and gaps down tomorrow
[10:59] {Threei}  how's that? :)
[10:59] {Threei}  more than that - whole selling today is not just sdelling, it's a mini-crash
[10:59] {davd} you see, with my prediction i will at least be 1/2 right
[11:00] {Threei}  I am just not sure what stock I can use to follow that
[11:00] {Threei}  maybe better to go with inverse etf
[11:00] {dino} ebs
[11:00] {Threei}  TZA id the first thing that comes to mind
[11:00] {rizvisy1} ERY too
[11:02] {Threei}  well, seems like early entries on both are right here
[11:02] {Threei}  with stops for TZA under .90 - .95
[11:02] {Threei}  ERY under .10
[11:03] {Threei}  neither is a scalp
[11:03] {Threei}  mini-crash is happens means a lot of potential for both
[11:04] {Threei}  although volatility will be there... so let's partial and protect outselves
[11:05] {Threei}  for TZA, first partial would be around .25 - .30
[11:05] {Threei}  for ERY, .35-.40
[11:05] {Threei}  and if they hit stops, then I am wrong about whole thing
[11:06] {Threei}  just praying that they don't pull the most disgusting trick of all - rinse us out, then proceed to do just what I call
[11:07] {Threei}  Microsoft Corp CEO: Google has had a failed approach to tablet PCs so far, MSFT is working on a "unique" tablet product, to announce new tablet plans soon - US financial press
[11:07] {Threei}  - Looking at putting internet-based communications on phones following Skype acquisition
[11:07] {Threei}  - Software piracy continues to limit revenue potential in China
[11:07] {Threei}  - FY11 rev in China expected at about 5% that of US revenue. China could be a big market if its antipiracy efforts get to the same level as those in India.
[11:09] {Threei}  ev in China expected at about 5% that of US revenue... heh
[11:09] {dino} bid sm l .99
[11:15] {Threei}  come on already SPY
[11:15] {Threei}  enough games
[11:17] {Threei}  no worky
[11:18] {Threei}  oh well
[11:21] {davd} ffiv break .4
[11:21] {davd} inval
[11:41] {samire} test
[11:48] {dino}   out bid .30, +.31
[11:50] {dino} back in 30 or so
[11:50] {RonS} kinda cool...http://tinyurl.com/3sn4ekq
[11:55] {Threei}  we are just bulbs in a giant lava lamp
[12:00] {Threei} Short Setup: RIMM  .40 break
[12:00] {Threei}  if stays under .45
[12:01] {Threei}  Google Inc Formally announces electronic wallet service, to partner with Citibank and Mastercard
[12:01] {Threei}  v
[12:02] {Threei}  may get hit on that...
[12:02] {Threei}  although could be old news, was in discussion for a while
[12:03] {nemo} that's probably why V dropped today
[12:10] {RonS} oh jf?...
[12:11] {RonS} war cry please...
[12:14] {Threei}  for what stock?
[12:14] {RonS} i know it invalidated but i shorted rimm at .40 break
06[12:15] * Threei slaps jfjf64 around a bit with a request for the war cry on RIMM
[12:17] {RonS} bummer
[12:17] {Threei}  I guess he is in coma
[12:21] {RonS} this market in coma
[12:22] {RonS} ah well...out +.03...no edge
[12:23] {samire} test
[12:23] {patience} abx moving, gg and uxg which im currently in, moving as in slowly
[12:29] {dino} .
[12:30] {Threei}  looks like I am sending beer to dino today
[12:31] {dino} cold please
[12:37] {Threei}  RIMM is calling you Ron... don't pick up the phone unless you want to hear evilish laughter
[12:37] {dino} it's so slow may scanner is barely moving
[12:37] {dino} my
[12:41] {samire} Vad...can you open private chat with me ...i have a question
[12:41] {dino} this action is so dead, i am taking tomorrow off
[12:41] {Threei}  done
[12:41] {Threei}  hmm
[12:41] {dino} more exciting mowing the lawn
[12:42] {Threei}  I dunno dino... mornings are active
[12:42] {dino} tomorrow? nah, not for my style. not before the holiday
[12:48] {dino} see even ese is sleeping
[12:49] {dino} afl to .30
[12:50] {Threei}  (GR) EU's Juncker Spokesperson: EU and IMF mission will be convinced by the new measures from Grece and the June aid tranche will have no issues
[12:51] {dino} out .34, +.35
[12:52] {dino} cm to .20
[12:52] {dino} out .21, +.21
[12:53] {ese} still hangin in there with sify......not doin much
[12:54] {dino} dumb mistake cm, stop should've been .19, not a zero
[12:54] {davd} l faz .8
[12:55] {dino} altho cm now drops more
[12:57] {dino} can you believe only 49 contestants for ms usa contest?
[12:58] {dino} no girl wanted to be ms idaho
[12:59] {Threei}  hmm
[12:59] {Threei}  why? it's lost on me
[12:59] {patience} ok, you made me laugh while i was doing shoulder presses with weights
[12:59] {dino} ;)
[13:00] {dino} 2:00 pm i do sdets of bowflex patience
[13:01] {patience} afternoon market plays are perfect for doing my weights
[13:06] {dino} same here
[13:18] {Threei}  wow
[13:18] {Threei}  no news
[13:25] {RonS} Joplin Mo devastation:  http://tinyurl.com/3b3jalj
[13:30] {dino}   hrl to 58
[13:31] {RonS} off by $30 dino
[13:33] {dino} to .58, lol
[13:33] {Threei}  lol
[13:40] {rizvisy1} rimm
[13:48] {dino}  to .64
[13:50] {RonS} now .72...hrl = spam trade
[13:50] {Threei}  OK... is it time for the market to reverse finally?
[13:50] {RonS} not according to the .vix...
[13:50] {RonS} although eur slipping...
[13:51] {Threei}  I am going to try TZA .85
[13:51] {dino} lol hrl=spam
[13:52] {Threei}  I have been considerably wrong today, will be just one more time
[13:53] {Threei}  (LB) Libya's EU ambassador has defected
[13:53] {ese} i'll see ya all tomorrow.....sify is not really doing anything it'll be up end of day or i'll hang onto til tomorrw...gotta teach choir
[13:53] {Threei}  take care ese
[13:53] {Threei}  teach them good
[13:53] {dino} cya es
[13:54] {Threei}  my stop is under .70, and target is about 36.20
[13:54] {Threei}  maybe more but will reevaluate when/if we get there
[14:03] {Threei}  IMF: Sees $160B in external financing needs for Middle Eastern, North African oil importing nations in the 2011-13 period
[14:03] {Threei}  - Sees Egypt's fiscal financing needs around $9-12B in FY11-12.
[14:03] {Threei}  - IMF can provide $35B available to Middle East, North African nations.
[14:03] {Threei}  who iwll provide 125B more?
[14:06] {RonS} hrl to .83...moves more than tza...lol
[14:08] {dino} to .84 hrl
[14:08] {Threei}  it's all jf's fault
[14:08] {Threei}  we get no chants, no war cries
[14:08] {Threei}  no one is doing victory dance
[14:08] {Threei}  or rain dance
[14:09] {dino} always jf's fault
[14:09] {rizvisy1} I believe it is pure scalpers day..
[14:09] {patience} today i seem to be working for my broker, well sometimes they need a turn
[14:10] {RonS} never met a pure scalper...
[14:10] {rizvisy1} I said for the day....
[14:10] {dino} ironically, for my earlier complaining, i am 4 for 4 today
[14:11] {Threei}  lol
[14:11] {dino} hrl to .88
[14:11] {Threei}  come on Ron... put a scalper under the shower, he will be pure for 10 min
[14:13] {Threei}  ok, it's officially non-salvageable day
[14:15] {dino} out hrl .90, +.36
[14:15] {dino} calling it a day and a week. thats all, good times
[14:16] {Threei}  have fun dino, see you tuesday
[14:16] {RonS} cya dino
[14:16] {dino} :D
[14:35] {RonS} riz, did you play rimm long?
[14:36] {rizvisy1} rimm
[14:37] {rizvisy1} I shorted it at .30
[14:37] {rizvisy1} rimm
[14:37] {rizvisy1} at Vad call
[14:38] {rizvisy1} I mean covered at .30, it took at while to hit there
[14:43] {jfjf64} i see my  name   jf
[14:43] {jfjf64} what  i miss
[14:44] {Threei}  nothing much, we just designated you a main person to balme for all today's faults
[14:44] {Threei}  blame
[14:44] {jfjf64} ahh
[14:45] {Threei}  in the room... in country... in the world...
[14:45] {RonS} and watching dino bank coin...
[14:49] {jfjf64} slw
[14:49] {jfjf64} milk  trade  coming
[14:49] {jfjf64} same  yest
[14:49] {jfjf64} lol
[14:49] {Threei}  well, the problem is, I can't get a reliable feel for market direction
[14:50] {jfjf64} tthat  cd  be  problem
[14:50] {Threei}  I can't go long SLW, it's just not right here
[14:50] {Threei}  but market stubbornly refuses to reverse
[14:52] {Threei}  if you ask my personal biased view,
[14:53] {Threei}  I see SLW dropping hard, possibly retesting day's low
[14:53] {jfjf64} hmm
[14:53] {Threei}  but one thing is to have a view and another - to subject you to a call based on it but not supported by previous day's development
[14:55] {jfjf64} short into  bounce
[14:56] {jfjf64} hmm
[14:56] {jfjf64} where  the  bounce
[14:58] {jfjf64} .11  short
[14:59] {jfjf64} .26  stop
[15:00] {jfjf64} caal  this  bored  play
[15:05] {RonS} bored yet?
[15:06] {jfjf64} .13
[15:06] {jfjf64} gettin  some  where
[15:07] {jfjf64} ohh yeah
[15:13] {Threei}  wow
[15:13] {Threei}  5 cets
[15:13] {Threei}  cents
[15:18] {jfjf64} lol
[15:22] {samire} it is difficult market to trade
[15:23] {rizvisy1} I agree there
[15:24] {RonS} rimm classic...load in shorts and squeeze 'em
[15:24] {nemo} It's likely to be summer trading, unless this sovereign risk shit blows everthing up
[15:26] {Threei}  that feels to be the case
[15:27] {Threei}  I don't think this summer will be calm and sleepy
[15:28] {nemo} I'm off...P&Q
[15:28] {Threei}  take care nemo
[15:28] {nemo} you said that last summer
[15:28] {nemo} Why don't you make a hurricaine prediction...
[15:29] {Threei}  we had great summer
[15:29] {nemo} it wasn't wild and crazy though
[15:29] {Threei}  whatyever... you wamnted to go I thought?? :)
[15:29] {nemo} byeeeeeee
[15:42] {Threei}  jf, a few min more and this narrowing triangle on SLW will come to trding in .00001 oof a cent
[15:42] {jfjf64} ty
[15:44] {RonS} lol...ty
[15:44] {RonS} giddy w/ boredom...
[15:45] {jfjf64} comon
[15:45] {jfjf64} 36.00
[15:45] {RonS} dyeeeeeeeee....
[15:45] {jfjf64} lol
[15:46] {jfjf64} mkt is
[15:46] {RonS} that be the stain of frustration...
[15:48] {jfjf64} comonnnnnnnnnnnnnnnnnnnnnnn
[15:48] {Threei}  hey
[15:48] {Threei}  it works
[15:50] {jfjf64} out
[15:50] {jfjf64} funny
[15:50] {Threei}  OK
[15:50] {Threei}  I take it as permission to leave
[15:50] {jfjf64} see all  tommorrow
[15:50] {Threei}  have a great evening, see you tomorrow
[15:50] {patience} ty vad

Wednesday, May 25, 2011

May 25 2011


Nice day with 1 stop and the rest of trades working like charm. Best thing - one of them was a  milk trade.
Milk trade - rare species but when it comes along, it's so sweet. It's our code name for a trade which we milk for all it has - not scalping, not even taking our traditional 1:3 r/r with 3 partials. This one gave us 1:6, with risk merely 10 cents. The hardest thing about milk trades? To identify them early. This one gave clues as it was consolidating after triggering. Normally SLW drops with each USD uptick - today it was holding much better than usual. Normally, over the course of last weeks it was very willing to drop - today it seemed to absorb a lot of selling with minimal give, and bounced vigorously. All in all, it looked like a trap for shorts that got too complacent. Another difficulty for the newer traders is to sit tight and let the trade develop. This one gets easier with time, as a trader grows wiser and stops intruding with natural course of things. Principle Wu Wei, familiar to A Taoist Trader course readers, is applicable here.
[10:51] {Threei} starts looking to me like milk trade candidate
[10:58] here is my personal plan for this trade
[10:58] stop is obvious, under .20
[10:59] first partial is around day high, 45
[10:59] second around .60
[10:59] third is to be determined yet, but the general idea is to let it run
Chart shows how the plan worked.
Session Time: Wed May 25 00:00:00 2011
[08:04] {davd} hi all
[08:30] {Threei} *(US) APR DURABLE GOODS ORDERS: -3.6% V -2.5%E; DURABLES EX TRANSPORTATION: -1.5% V 0.5%E
[08:31] {Threei} looks healthy
[08:39] {nemo} let me guess...slw short
[08:40] {Threei} hey... it was long yesterday
[08:40] {nemo} That was then, this is now...stop living in the past
[08:41] {Threei} ok... I'll try
[08:41] {nemo} no try, either do or don't do
[08:41] {Threei} ok... I'll try not to try
[08:41] {nemo} so, it's a definite maybe?
[08:42] {Threei} probably
[08:42] {nemo} o.k. Hamlet
[08:58] {dino} gm all
[08:58] {Threei} dino :)
[09:04] {patience} gm guys
[09:04] {Threei} morning patience
[09:06] {ese} mornin
[09:06] {nemo} hello
[09:07] {Threei} hi ese
[09:09] {ese} nemo...vad...
[09:15] {Threei} (GR) EU's Damanaki: Membership for Greece in the EMU is at risk - press interview
[09:15] {Threei} where is Ron??
[09:15] {Threei} ahha, here he is
[09:16] {RonS} gm...like i said...give 'em the boot
[09:17] {samire} gm
[09:17] {Threei} (GR) ECB's Stark: Greece should push to achieve a primary surplus, debt cut is not part of that solution; reaffirms opposition to a Greece restructuring, as it would cause a run on Greek banks
[09:17] {samire} ford
[09:17] {Threei} ron, samire :)
[09:18] {Threei} Greek tragedy seems to accelerate
[09:19] {Threei} - Greece needs to agree to tougher measures or return to the drachma
[09:22] {rizvisy1} gm everyone
[09:22] {Threei} riz :)
[09:23] {jfjf64} mornin
[09:23] {Threei} jf :)
[09:26] {nemo} AIG not shortable
[09:27] {dino} what is the point of this, jpm raises avgo to buy, target 31. its at 32
[09:28] {dino} in any case, report good. gap above 34.30s
[09:28] {Threei} hehe
[09:28] {Threei} value added
[09:28] {dino} yeah, thanks alot
[09:29] {jfjf64} slw thoughts
[09:29] {samire} ready
[09:30] {Threei} long I think, jf
[09:31] {Threei} just want clean setup
[09:31] {jfjf64} always clean
[09:33] {Threei} ok
[09:33] {Threei} Long Setup: SLW .10 break
[09:33] {Threei} if holding 36
[09:34] {Threei} 36 break now
[09:34] {Threei} if holding .90
[09:34] {jfjf64} in
[09:35] {Threei} no go
[09:36] {samire} it went to 36.01
[09:36] {samire} i took a loss
[09:36] {Threei} yes
[09:36] {Threei} rinse...
[09:36] {Threei} grrr
[09:37] {jfjf64} rrrg
[09:37] {dino} rgrr
[09:37] {nemo} rrgr
[09:38] {jfjf64} ool
[09:38] {nemo} cmon' patience
[09:38] {nemo} grow up jf
[09:38] {jfjf64} y
[09:38] {nemo} spit your coffee into your keyboard?
[09:39] {Threei} great. goes right into 1:3 which was my target
[09:39] {dino} aap sm l .73 thinny
[09:39] {Threei} oh well
[09:40] {jfjf64} all samire fault
[09:40] {Threei} not nemos??
[09:40] {nemo} can't blame it on him, he's here...blame it on LES
[09:41] {samire} that was a loss for me...what about every body ?
[09:41] {jfjf64} whos nemo
[09:41] {jfjf64} oh boyyyyyyy
[09:41] {Threei} samire, it triggered, then stopped
[09:41] {Threei} it was a stop for anyone who followed the rules
[09:41] {samire} thanx
[09:41] {nemo} you realize, jf, that comment makes more sense than is obvious
[09:41] {dino} lol
[09:41] {jfjf64} ohh boyyyyyyyyyy
[09:42] {jfjf64} whos nemo
[09:42] {jfjf64} ??
[09:42] {nemo} yep
[09:42] {jfjf64} lol
[09:42] {nemo} you know what "nemo" means in Greek?
[09:42] {jfjf64} lets get serious 3i
[09:42] {Threei} Short Setup: SLW .30 break
[09:43] {Threei} invalidated
[09:44] {jfjf64} fcx
[09:44] {jfjf64} .59
[09:44] {jfjf64} break
[09:44] {jfjf64} imo
[09:44] {jfjf64} nope
[09:45] {jfjf64} nemo greek
[09:45] {jfjf64} ?
[09:45] {nemo} yep
[09:46] {nemo} Tales of brave Ulysses
[09:46] {jfjf64} ohh boyyyyyyyyyy
[09:47] {Threei} same setup again
[09:47] {Threei} Short Setup: SLW .30 break
[09:48] {Threei} if stays under .40 for scalpers
[09:48] {Threei} .45 day traders
[09:48] {dino} vit pulp today
[09:52] {Threei} target is about 36.05, three partials
[09:52] {Threei} or two
[09:52] {jfjf64} comon great ulysses
[09:52] {jfjf64} help
[09:53] {Threei} UUP uptick
[09:53] {dino} vit sm l .24
[09:53] {samire} .40 stop for slw ?
[09:53] {jfjf64} using .45
[09:53] {jfjf64} me
[09:53] {Threei} 09:48] {Threei} if stays under .40 for scalpers
[09:53] {Threei} [09:48] {Threei} .45 day traders
[09:55] {dino} vit stop -.25
[10:00] {Threei} so far, nice double top is forming
[10:00] {Threei} covering half
[10:00] {Threei} .15
[10:00] {Threei} stop to .31
[10:01] {jfjf64} ulysses
[10:01] {jfjf64} y
[10:01] {jfjf64} e
[10:01] {jfjf64} s
[10:01] {nemo} figured it out, huh?
[10:02] {jfjf64} thats why i opened my stop
[10:02] {Threei} *(US) MARCH HOUSE PRICE INDEX M/M: -0.3% V -0.5%E- Q1 House Price Purchase index: -2.5% v -1.2%e
[10:03] {nemo} Month over Month...whooopeee
[10:03] {Threei} target hit
[10:04] {Threei} out in full
[10:04] {Threei} .05
[10:04] {samire} Thanks Vad.....with u exits
[10:04] {Threei} precision with which .30 held on that spike is quite special
[10:04] {Threei} welcome
[10:04] {gregns} ty Vad, your comments helped me be patient on SLW
[10:04] {samire} now green for the day
[10:04] {Threei} :)
[10:04] {Threei} here is the thing samire
[10:05] {samire} i went with IB brokers
[10:05] {Threei} rules, when followed strictly,
[10:05] {samire} 50 cents per 100 shares
[10:05] {Threei} will not make you profitable on each trade, but will over a statistically valid number of trades
[10:06] {dino} hrl sm l .85
[10:06] {samire} what do you think of interactive brokers IB ?
[10:06] {samire} buy 1000 shares for 5 dollars
[10:06] {Threei} start breaking them in attempt to make each trade profitable, and you will be negatve overall
[10:06] {Threei} noting, I am not in the business of reviewing brokers
[10:07] {Threei} their executions are not the best, and that's my main criteria
[10:07] {dino} out aap .03, +.30
[10:08] {Threei} also, is't it the same we get from laser? with difference in ECN fees, which is negligible if you add liquidity on some of tardes
[10:08] {nemo} Mark Haines died
[10:09] {ese} who is Mark Haines
[10:09] {Threei} wow, really?
[10:09] {Threei} what happened?
[10:09] {Threei} one of CNBC guys
[10:09] {nemo} yeah, don't know but I just saw a film clip of him saying good by to Erin Burnett last week
[10:09] {nemo} he doesn't look good
[10:09] {Threei} squawk box
[10:09] {nemo} Erin also made the comment, "Because you
[10:09] {nemo} ll be changing what you eat soon"
[10:10] {nemo} I'm betting heart disease
[10:10] {dino} seriously, haines died?
[10:10] {nemo} yes
[10:11] {dino} bummer
[10:11] {nemo} he was a great curmudgeon
[10:11] {Threei} (US) Former US President Clinton: A brief US default may not be a calamity
[10:11] {Threei} wtf??
[10:12] {nemo} slw
[10:12] {Threei} (GR) Estonia PM: Must support Greece; problems originated from lagging economic growth; calls for Greece to change the economic structure
[10:12] {Threei} no sir, problem originated from overwhelming debt
[10:13] {nemo} slw .01
[10:13] {patience} in abx
[10:13] {samire} testing
[10:14] {nemo} tna .41
[10:14] {nemo} 1/2 .53
[10:14] {nemo} 1/2 slw .12
[10:15] {nemo} 1/4 .20 slw
[10:15] {Threei} nice one nemo
[10:15] {dino} gj
[10:15] {jfjf64} nice ulysses
[10:15] {gregns} nemo, me, slw .006 to .15 , tks for the heads up nemo
[10:15] {nemo} there are my two broken clock moments
[10:16] {nemo} 1/4 more tna .71
[10:16] {ese} L QTWW.14
[10:16] {nemo} stop to be tna slw .18
[10:17] {ese} what can I say...it's on the QT
[10:17] {samire} Vad....should we have the stop loss (only on the first 15 minutes when the market opens) because stocks are whipy at that time ???
[10:17] {nemo} took rest tna at the whole
[10:17] {samire} 20 cents
[10:17] {Threei} I don't understand the question
[10:17] {nemo} out slw .28 here, big offer .30
[10:17] {samire} stop loss should be 20 cents
[10:18] {samire} only the fisrt 15 minutes
[10:18] {Threei} stop loss is determined by chart
[10:18] {samire} of trading
[10:18] {Threei} not by formal amount of cents
[10:18] {nemo} by support resistance of chart
[10:18] {samire} but when market opens ...stocks move quickly
[10:18] {Threei} yes, more volatility
[10:18] {nemo} you got a .20 stop .10 below support, you could drop a looooooong time
[10:18] {samire} yes
[10:18] {Threei} you want to widen stop - decrease shares
[10:18] {samire} exactly
[10:19] {samire} ok
[10:19] {nemo} o.k. I feel better, SLW dropped below original stop
[10:19] {samire} because it had a nice bounce (SLW)
[10:19] {Threei} so what
[10:19] {Threei} you are making too wide conclusions from a single case
[10:19] {Threei} rinses happen
[10:20] {Threei} you want to tweak your whole approach with each trade that didn't work?
[10:20] {nemo} good hygiene
[10:20] {Threei} that would an atempt to get rid of losing trades at all
[10:20] {Threei} good luck with that
[10:20] {dino} just ask me, rinses everyday
[10:22] {Threei} Short Setup: CAT 102 break half lot
[10:22] {ese} I bin watchin dis un here der dino.......PSS let meknow what ya tink ehhh?
[10:22] {Threei} if stays under .15
[10:22] {Threei} invalidated
[10:23] {dino} volc spike
[10:24] {dino} downgraded to 15 pss
[10:24] {nemo} ttwo short?
[10:25] {Threei} nah
[10:25] {ese} ya.....like ahhhh i saw dat ehhh.......ya figur no chance at da bounce ehhhh
[10:26] {nemo} Oh no, THE GREAT WHITE NORTH started playing in my head
[10:26] {dino} already did, imo
[10:26] {RonS} ...thinkin school's out so ese reverting to cave man
[10:26] {nemo} frickin' ese
[10:26] {nemo} no Canuck
[10:26] {dino} re-test i like it
[10:26] {dino} hosers
[10:26] {ese} ye ehhhhh
[10:27] {Threei} - Fitch does not currently envisage any rating action on German banks as a direct result of their exposure to Greece. However the agency sees high potential contagion risks if there were any restructuring of Greek sovereign debt. In addition, most German banks have limited direct exposure to any risk relating to Portugal and Ireland.
[10:27] {ese} dey spek lick dat up dare in Cobble Hill around ear ehhhhh up nortta vad and I ehhhh
[10:28] {Threei} lol
[10:28] {RonS} irritating in print...
[10:29] {RonS} for me at least...
[10:29] {dino} bid sm l .70
[10:30] {dino} me too
[10:30] {ese} well all righty then........i'll just go back to normal
[10:30] {Threei} "whatever your normal is", to quote a commericla
[10:30] {ese} eggzactilly
[10:31] {dino} ptnr?
[10:32] {Threei} *DOE CRUDE: +615K V -1.5ME; GASOLINE: +3.8M V 0.0E; DISTILLATE: -2.05M V +500KE; UTILIZATION: 86.3% V 83.5%E
[10:33] {Threei} Partner Communications Co. Ltd. Reports Q1 Net income $73M, -24.6% y/y, R$509M, +11.6% y/y
[10:33] {Threei} that was in the middle of the night
[10:33] {dino} thx
[10:33] {Threei} who reports at 3:57 am?
[10:33] {dino} companies that miss badly
[10:34] {Threei} hour of the dead?
[10:34] {ese} how do you read that march house price index......-0.3 vs -0.5 E , houses are cheaper......index has gone up ...prices are increasing.....i'm confused on that one
[10:35] {nemo} it's month over month, it's useless
[10:35] {dino} agree.
[10:35] {dino} housing still sucks
[10:35] {Threei} yeah... noy much different from weekly oil inventories
[10:35] {ese} what is the implication with this one....cheaper houses?
[10:35] {Threei} means nothing
[10:35] {dino} too much inventory held by banks
[10:36] {ese} hmmmmmm
[10:36] {dino} congress has halted lots of foreclosures, just stretchiong out the problem over more years imo
[10:38] {dino} when i say lots ese, we are talking millions
[10:39] {dino} govt must get out of the way. they are making it much longer and worse
[10:39] {ese} ya i figured.......whole towns for sale near as i can figure
[10:43] {Threei} 85% of Americans View Their Marriages Positively
[10:43] {Threei} especially divorced?
[10:45] {Threei} Long Setup: SLW .30 break
[10:48] {davd} in
[10:49] {Threei} frikin UPP upticks
[10:50] {Threei} SLW holds decently though
[10:50] {nemo} UUP too
[10:50] {Threei} yeah, that
[10:50] {nemo} yeah, I got tna at .41 for a hedge
[10:50] {nemo} can I start drinking?
[10:51] {Threei} no, it's too late
[10:51] {nemo} 1/2 out tna .50
[10:51] {Threei} now you'l have to wait till 8 am tomorrow
[10:51] {Threei} you know what...
[10:51] {Threei} starts looking to me like milk trade candidate
[10:52] {ese} patience ...are your quotes cutting in and out on you....anyone else having this problem
[10:52] {Threei} no
[10:52] {nemo} my brain is though
[10:53] {ese} hmmm back on again
[10:53] {patience} no, but i am not using your platforms
[10:54] {patience} i trade tsx mainly so i use td active trader plus and their global platform so i can trade overseas
[10:55] {nemo} might add more tna if breaks .50
[10:55] {nemo} yep
[10:55] {nemo} back to full lot
[10:56] {ese} patience does the tsx own that platform.....
[10:56] {ese} or another company
[10:56] {ese} laser dave
[10:56] {patience} yup, they bought out ameritrade i think it was few years ago
[10:56] {nemo} gonna' scalp that puppy
[10:58] {Threei} here is my personal plan for this trade
[10:58] {Threei} stop is obvious, under .20
[10:59] {Threei} first partial is around day high, 45
[10:59] {Threei} second around .60
[10:59] {Threei} third is to be determined yet, but the general idea is to let it run
[10:59] {nemo} out 2nd lot .56
[11:00] {davd} amzn close to support
[11:01] {nemo} Vad?
[11:01] {Threei} ?
[11:01] {nemo} could you explain why you see this as a "milk" trade?
[11:02] {davd} i know - because slv going to it 50dma
[11:02] {RonS} 'cause he expects it will "mooooo ve"
[11:02] {Threei} something unusual about how it trades right now...
[11:03] {Threei} holding well while UUP upticks... overall, each little downtck is getting bought fewrociously...
[11:03] {nemo} thinking about adding above .40
[11:03] {Threei} like it prepares a big surprise for those who got too comfortable shorting silver over last few weeks
[11:04] {Threei} 1:1
[11:04] {nemo} o.k. I'm a glutton I added
[11:04] {nemo} I'm also out of tna at .39
[11:04] {ese} stopped qtww .94-.20 daaaaaaaa
[11:04] {Threei} ok
[11:05] {Threei} first tagert is here
[11:05] {Threei} half out
[11:06] {Threei} new high
[11:06] {RonS} out 1/2 slw .48 from .28
[11:06] {nemo} taking 2nd lot off .49, still got 1st
[11:06] {Threei} :)
[11:06] {Threei} stop to .28
[11:06] {samire} thanks Vad
[11:07] {samire} money...money
[11:07] {samire} raining
[11:07] {nemo} got double top at .40 level
[11:07] {Threei} lol, welcome
[11:07] {Threei} get a bucket and umbrella
[11:07] {samire} raining money in California
[11:07] {samire} do u want some ?
[11:08] {Threei} always
[11:08] {samire} DHL
[11:08] {Threei} you sharing?
[11:09] {Threei} will trail stop again after .50 break
[11:09] {davd} out 1/2 slw
[11:09] {nemo} new support just became resistance
[11:09] {nemo} other way around
[11:10] {patience} Mark Haines of cnbc passed away
[11:10] {patience} used to watch him
[11:10] {nemo} where you been patience?
[11:11] {patience} old news?
[11:13] {Threei} stop to .35
[11:13] {Threei} and second partial is coming
[11:13] {davd} yes, hes been dead all morning
[11:13] {Threei} over 1:2
[11:13] {RonS} lol
[11:14] {Threei} lol
[11:14] {Threei} nasty but lol
[11:14] {ese} got cut off again
[11:14] {Threei} out next partial .57
[11:14] {davd} what do you guys listen too during the day (business news, that is...)
[11:15] {dino} pss lod
[11:15] {dino} davd, i listen to music, no tv
[11:15] {Threei} my newsfeed has voice datas
[11:15] {Threei} data
[11:15] {Threei} a few seconds faster than text
[11:16] {Threei} if I really want to listen to something business related, that would be it
[11:16] {patience} i listen to bnn, don't watch the screen much though
[11:17] {Threei} stop is still .35 for the last portion
[11:17] {davd} voice on newsfeed?
[11:17] {Threei} yes
[11:18] {Threei} for those who needs news absolutely the first and fastest
[11:18] {davd} so, what;s it called? :/
[11:19] {Threei} my news?
[11:19] {Threei} come on, it has been on the website for only about last three years or so
[11:19] {Threei} go to homepage, scroll down
[11:19] {dino} like pulling teeth
[11:19] {nemo} oh...we supposed to look at the website?
[11:19] {davd} i was too busy reading tao
[11:19] {Threei} oh
[11:19] {Threei} forgiven then
[11:20] {Threei} but still,,
[11:20] {Threei} go to homepage, scroll down to the banner saying
[11:20] {Threei} Trade the news
[11:20] {davd} ii
[11:20] {Threei} take free trial
[11:21] {Threei} if you like'em, before signing up give'em a call and say "there should be a discount for those who came from realitytrader"
[11:22] {Threei} don't name the number though...
[11:22] {Threei} I don't remember it, and there is a chance they give you more than what you ask if you leave it an open question :)
[11:22] {Threei} SLW baby
[11:22] {RonS} out last half slw .66 from .28 thanks 3i
[11:22] {Threei} welcomne sir
[11:23] {Threei} 1:5
[11:23] {Threei} 1:4, sorry
[11:23] {Threei} out half of the remainder
[11:24] {Threei} unusual partialing scheme for me but really want to squeeze every last drop out of it
[11:24] {davd} slv above 50dma
[11:24] {davd} at
[11:24] {Threei} and this sharp spike makes me take profit
[11:24] {Threei} stop to .49
[11:25] {dino} tsla spike
[11:26] {Threei} had news 13 min ago
[11:26] {Threei} insider buying
[11:26] {Threei} by CEO
[11:28] {Threei} stop to .55
[11:29] {dino} sm l fmcn .09
[11:30] {Threei} ok... target for the last piece starts taking shape
[11:30] {jfjf64} 3i nice nice
[11:30] {Threei} .85 - .95 zone
[11:34] {jfjf64} stop .65
[11:35] {Threei} this is a must to read guys:
[11:35] {Threei} http://www.businessinsider.com/greek-restructuing-debt-2011-5?op=1
[11:37] {RonS} dangit dino wlk
[11:39] {Threei} stop to .65
[11:39] {ese} might have one here expr.....
[11:39] {Threei} and decisive break for the last move
[11:40] {ese} dn 2 bills on a decent Q
[11:40] {Threei} target hit
[11:40] {Threei} out .91
[11:40] {Threei} +.60
[11:40] {RonS} wtg
[11:40] {Threei} milk trade in all its glory
[11:41] {Threei} the hardest thing about milk trades?
[11:41] {Threei} read all about it in Catch of the Day
[11:42] {dino} gj
[11:42] {davd} i think selling slv back to 50dma soon imo
[11:47] {davd} out slw in full .95
[11:47] {Threei} :)
[11:48] {Threei} is it fun or what
[11:48] {Threei} samire, how's that money rain doing
[11:48] {davd} yes, its the mov avg with the commodities....
[11:49] {davd} this is a dt for slv over the past 2 wks (since it plummeted). thoughts 3i?
[11:50] {dino} fmcn stop -.22
[11:52] {Threei} hmmm
[11:52] {Threei} sorry, no thoughts really
[11:53] {nemo} http://www.youtube.com/watch?v=GWciMISV9A8&feature=related
[11:53] {jfjf64} and to think slw rinsed us out !!!!
[11:53] {jfjf64} ty slw
[11:53] {Threei} it just borrowed 10 cents from us
[11:54] {Threei} to return with interest at the first chance
[11:54] {Threei} and what interest it was
[11:54] {Threei} 600%
[11:54] {jfjf64} yes yes
[11:54] {jfjf64} i tk back that rggg
[11:54] {Threei} nah, mine stays
[11:54] {Threei} I still don't like to be rinsed
[11:55] {jfjf64} what bout ya ulysses
[12:01] {nemo} what about me?
[12:02] {dino} expr lod
[12:02] {jfjf64} im goingg to lunch
[12:02] {RonS} bid volume pathetic
[12:02] {dino} yeah
[12:02] {Threei} mail me a lobster, jf
[12:03] {jfjf64} cod dtop
[12:03] {jfjf64} cog
[12:03] {jfjf64} ?
[12:03] {Threei} no, no cod... lobster
[12:03] {ese} L sify .79
[12:04] {dino} hrl to .15
[12:06] {RonS} out hrl .20 from .85 +.35 thanks dino
[12:06] {dino} gj, yw
[12:07] {dino} slow day for me
[12:07] {jfjf64} gj rs
[12:07] {dino} hrl stop .15, +.30
[12:08] {jfjf64} .65 short cog
[12:09] {dino} rinsed fmcn, sheesh
[12:12] {RonS} samire needs to fix that for ya dino
[12:12] {RonS} :)
[12:13] {dino} someone needs to fix it
[12:15] {dino} expr gap around 19.40
[12:19] {ese} ya
[12:20] {davd} big drop in gld
[12:25] {nemo} slw
[12:25] {nemo} .51
[12:26] {nemo} 1/2 .60
[12:26] {nemo} lunch scalps
[12:27] {Threei} nice
[12:27] {Threei} easy money
[12:27] {Threei} low risk
[12:27] {nemo} yeah, vwap bounce at .46
[12:27] {nemo} showed db
[12:28] {nemo} got support at early high
[12:34] {nemo} 1/4 more .74
[12:35] {dino} gj
[12:37] {nemo} o.k. greed, bird in hand?
[12:37] {dino} lps drop
[12:37] {nemo} out .87
[12:38] {nemo} Just call me "wuss"
[12:38] {gregns} great job nemo
[12:38] {nemo} ty
[12:38] {nemo} almost forgot I said I was taking a lunchtime scalp
[12:39] {Threei} hey, beling a wuss in the markets is not necessary a bad thing
[12:39] {Threei} a lot of dead lions out there
[12:39] {Threei} traders' cemetery has this tumbstone almost as a staple: He Was a Brave Trader
[12:39] {nemo} True...lunchtime is lunchtime, probabilities favor scalping
[12:40] {Threei} it's like with pilots, you know...
[12:40] {Threei} There are old pilots. There are bold pilots. There are no old bold pilots
[12:40] {nemo} can only crash once
[12:41] {dino} nemo, whatever works
[12:41] {nemo} mmmhhhh....think my nephew will be pissed if I sacrifice his rabbit to the trading gods
[12:41] {dino} ya think
[12:42] {nemo} funny...supposed to give them wood to kinda' keep there teeth in check
[12:42] {nemo} nah...likes to crawl up into my box spring and naw on the steel coils
[12:42] {nemo} fun at 3 in the morning
[12:42] {RonS} hasenpfeffer
[12:42] {nemo} genau
[12:43] {nemo} spy about to defecate the sleeping apparatus
[12:47] {dino} lps sm l .50
[12:52] {dino} stop -.25
[12:56] {nemo} trying some tna .85
[12:56] {nemo} .95
[12:57] {dino} wtf lps rinsed
[12:57] {nemo} 1/2 .06
[12:58] {nemo} stop .94
[12:58] {dino} reload sm l lps .50
[12:58] {nemo} 1/4 more .35
[12:59] {nemo} stop...eh...not sure
[12:59] {nemo} must be my birthday today or soemthin
[12:59] {nemo} eh, .28
[13:02] {nemo} held on by a...hair
[13:02] {dino} rabbit hair
[13:02] {nemo} whatever works for ya
[13:03] {nemo} cit
[13:04] {nemo} boy, caught the bottom of the bull falg on that
[13:04] {nemo} flag
[13:07] {dino} lps to .85
[13:07] {dino} out slpi .81, +.31
[13:07] {dino} slip
[13:12] {nemo} needless to say out of tna
[13:19] {dino} wbc spike
[13:21] {RonS} this on cnbc?...Bob Howard of kkr likes $WBC
[13:22] {Threei} did he use facebook "like" button?
[13:22] {dino} ty
[13:22] {dino} smiley face
[13:22] {RonS} lol
[13:23] {RonS} reminds me of the freakin y2k dotcom days...
[13:24] {dino} well if it hits .49 i am short
[13:25] {dino} sm s .30
[13:28] {dino} hsni spike
[13:29] {dino} cov wbc .00, +.30
[13:30] {RonS} RT @StockTwits: Our boy @ReformedBroker is Live Tweeting from the Ira Sohn Conference: http://stk.ly/mIqHsD$WEC $CIT $HSNI
[13:31] {Threei} oh, about tweeting nation
[13:31] {Threei} yesterday I almost caused untimely death of a salesman
[13:32] {nemo} Was his name Willie?
[13:32] {Threei} salesman in a electornic shop that is... poor guy, he was not ready for this
[13:32] {Threei} he saw my cell phone
[13:32] {Threei} his jaw dropped
[13:32] {Threei} he asked what that was
[13:32] {RonS} the brick
[13:32] {Threei} I said a phone
[13:32] {Threei} no.. small
[13:33] {Threei} but it's a phone... not a device with touchscreen and zillion features
[13:33] {Threei} just a phone
[13:33] {dino} thought the hampster wheel threw him off
[13:33] {Threei} he said no, they are not like this, this must be something else
[13:33] {Threei} I opened it (yes, it's a flip phone),
[13:33] {dino} bid ron
[13:34] {Threei} and showed him keypad
[13:34] {Threei} and mike and cpeaker
[13:34] {Threei} speaker
[13:34] {Threei} so he grasped the concept that yes, it was a phone,
[13:34] {RonS} latest tweet: Bob Howard thinks $HSNI could see anywhere between 40-95% upside depending upon m&a, leveraging, revaluation
[13:34] {Threei} but the idea that something could use device obviously made in ancient Egypt times
[13:34] {Threei} from when pyramids were half-built
[13:35] {dino} is this where these spikes are coming from, tweets?
[13:35] {Threei} sent him to deep blackout
[13:35] {RonS} yep
[13:35] {dino} wow ron, interesting times. i guess we just short buck bounces then
[13:36] {RonS} http://tinyurl.com/3bzmkwc
[13:36] {dino} bid to .99
[13:36] {dino} well if hsni gets to 32.50 i will be shorting it
[13:37] {RonS} hsni 3.6 mil sh short
[13:38] {dino} hmm geting there
[13:39] {RonS} RT @ReformedBroker: Liberty Media owns 30% stake in $HSNI - and ALL of QVC, a merger would be a no-brainer
[13:39] {dino} gap fill
[13:39] {dino} 33.30 another gap
[13:43] {nemo} MOS
[13:44] {Threei} photo of my phone, circa 2005
[13:44] {Threei} http://retrocell.ca/index.php?main_page=product_info&cPath=1&products_id=74&zenid=635c85ac315a99bcb07e01f28766d6bd
[13:45] {RonS} ya, my wife still has one of those on a prepaid...
[13:48] {dino} hsni sm s .60, bstop .80
[13:50] {RonS} guys...this is serious...hsni reminded me of the only product i ever purchase off tv...it is a terrific canadian made product (at least was): http://tinyurl.com/3v5v6hp
[13:51] {RonS} had back probs at the time...had it 15 years
[13:53] {dino} stopped -.25
[13:53] {Threei} god.. so werid-looking, it must be canadian
[13:53] {dino} wants the gap
[13:54] {RonS} people stop all the time to ask me about it...works like charm
[13:54] {Threei} so's my phone... but people stop nonetheless, jaw on the floor...
[13:57] {dino} bid to .04 slow motion stock
[14:00] {dino} out bid +.34
[14:03] {Threei} nice
[14:04] {Threei} lol, gotta share this... buddy photographer sent it to me
[14:04] {Threei} http://www.youtube.com/watch?v=awq90APEVgw&feature=player_embedded
[14:06] {dino} hsni sm s .80
[14:07] {nemo} oh jeez
[14:17] {dino} expr sm l .05
[14:26] {Threei} e-mails I get...
[14:26] {Threei} make sure you sit tight
[14:26] {Threei} Dear Vad,
[14:26] {Threei} I started trading two weeks ago. It's hard. I tried 5 systems and none of them worked. I am going to buy 10-15 systems each month and return them before refund date. Can you point out the best systems to try so I don't waste time? How do I buy your system?
[14:28] {dino} lol
[14:28] {RonS} shorter version: i am an idiot and acting as such
[14:29] {dino} he gets 2 weeks free right
[14:29] {nemo} OMFG!
[14:29] {Threei} Dear ...,
[14:29] {Threei} thanks for warning, I'll make sure not to sell you anything.
[14:34] {Threei} thank that'sd all? I had real jem a few weeks ago, let me find it
[14:35] {Threei} here it is
[14:36] {Threei} this one, make sure you both, sit tight and hold onto something with really really strong grasp
[14:36] {Threei} I read you trading log. I don't understand why you take trades you take. Pls explain as briefly as possible. Don't waste my time with long descriptions, make it three sentences or less. If you can't, you don't know what you are doing. Bye.
[14:37] {nemo} Wow, I have a two word answer for him
[14:37] {Threei} two?
[14:37] {nemo} Nah, make it three
[14:37] {Threei} shortest I could do was three
[14:37] {Threei} there :)
[14:37] {nemo} I think we came up with the same one
[14:37] {Threei} suspect so
[14:38] {RonS} two here
[14:38] {nemo} First word start with G, last word end with F
[14:38] {Threei} it uses facebook language
[14:38] {Threei} go friend yourself
[14:38] {nemo} yeah
[14:39] {Threei} I haven't answered though... entertaiment factor is there, so I am thankful
[14:39] {nemo} reminds me, fwb coming over tonight
[14:39] {dino} i guess i should stop writing you
[14:39] {Threei} dino, and please ask magoo to stop it
[14:39] {nemo} would you like me to answer your fan mail
[14:40] {dino} no, i can imagine
[14:40] {Threei} hehe
[14:40] {Threei} I need to start putting these gems to separate folder... scared to think how many of those I deleted over years
[14:47] {Threei} let's do the same thing we did yesterday when went into profit preservation mode
[14:47] {Threei} cut size to half lot
[14:47] {Threei} trading conservatively
[14:47] {Threei} Long Setup: RIMM .20 break
[14:51] {rizvisy1} in at .20
[14:51] {davd} in .2
[14:55] {nemo} Wow, Red Sox winning 14-0 against Indians...scored 7 runs in the 1st inning...wtf
[15:01] {Threei} (US) Senator Chambliss: Gang of Six is close to an agreement on a deficit reduction plan
[15:01] {Threei} ***Reminder: On May 17th Senator Coburn (R-OK) pulled out of negotiations with the 'gang of six' saying he is not optimistic the group could reach an agreement on budget
[15:03] {rizvisy1} Vad, stops on Rimm?
[15:03] {Threei} standard
[15:03] {Threei} under .10
[15:04] {rizvisy1} 1:1 at .30 right
[15:04] {Threei} yes... but considering this lunch time lame trading, may have to modify it a bit
[15:04] {Threei} will see
[15:05] {Threei} so far so good
[15:05] {samire} go money man
[15:05] {dino} hsni stop -.21
[15:06] {Threei} 1;1
[15:06] {Threei} 2/3 out
[15:06] {Threei} stop to .19
[15:10] {davd} out 1/2
[15:16] {dino} expr to .25
[15:18] {dino} out +.20
[15:19] {davd} keep stop on rimm at .19?
[15:20] {Threei} oh, just take the damn priofit
[15:20] {Threei} it's lunch
[15:21] {rizvisy1} better idea stuck at .37 around
[15:21] {Threei} well
[15:21] {Threei} nearing dinner
[15:21] {Threei} lol
[15:21] {rizvisy1} it is afternoon siesta time rather
[15:23] {Threei} which is not dissimilar to coma
[15:23] {Threei} self-induced, too
[15:23] {rizvisy1} lol, almost same both have extreme eyelids opening syndrome
[15:24] {Threei} huh... I don't have that syndrome
[15:25] {Threei} I just don't open them
[15:26] {rizvisy1} after having lobsters n Cod you mean...lol
[15:26] {rizvisy1} it is obvious
[15:26] {Threei} no, I don't open them even when all I have is modest steak
[15:27] {Threei} I just don't believe in trading with my eyes open
[15:27] {rizvisy1} so you trade with inner eyes..
[15:28] {rizvisy1} I have yet to find those
[15:31] {jfjf64} eyes open
[15:31] {jfjf64} any i he cd get
[15:31] {jfjf64} lol
[15:31] {jfjf64} tsla wants 30.00
[15:32] {Threei} but does 30 want TSLA?
[15:33] {jfjf64} 29.00
[15:33] {jfjf64} dont mind me
[15:33] {Threei} how very zen of you
[15:33] {jfjf64} no sam adams
[15:33] {jfjf64} lol
[15:34] {dino} calling it a day, thx all
[15:34] {jfjf64} enjoy dino
[15:34] {dino} thx
[15:34] {jfjf64} golf
[15:35] {jfjf64} weather great here
[15:50] {Threei} Ok guys, thank you all
[15:50] {Threei} have a great evening, see you tomorrow
[15:50] {rizvisy1} ty
[15:50] {Threei} don't forget to look at Catch of the Day
[15:50] {rizvisy1} bye
[15:51] {rizvisy1} will do thnx