Session Time: Thu Jun 30 00:00:00 2011
[08:30] {Threei} *(US) INITIAL JOBLESS CLAIMS: 428K V 420KE
[08:30] {Threei} CONTINUING CLAIMS: 3.702M V 3.69ME
[08:30] {patience} good morning
[08:31] {Threei} morning
[08:31] {Threei} not so sure abut the rest
[09:09] {nemo} http://www.ritholtz.com/blog/2011/06/greece-is-a-kleptocracy/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheBigPicture+%28The+Big+Picture%29
[09:11] {dino} gm all
[09:11] {Threei} nemo, dino
[09:12] {nemo} am I here?
[09:12] {Threei} ummm
[09:12] {Threei} no?
[09:12] {nemo} thanks for clearing that up...I was confused
[09:17] {gen} gm :)
[09:17] {davd} agriculture weak re crop report
[09:18] {Threei} gen, davd :)
[09:18] {RonS} gm...crop report link dave?
[09:18] {davd} no link, see cnbc website
[09:18] {RonS} wow, the Greeks are really falling on their sword: http://tinyurl.com/3oj5fhe
[09:19] {davd} extra corn ... prices down alot
[09:20] {ese} gm
[09:20] {larisa} gm :)
[09:20] {Threei} ron, ese, larisa :)
[09:21] {ese} vad laris,ron
[09:21] {larisa} vad :)
[09:21] {larisa} hi ese :)
[09:26] {ese} Prince William and easily one of the most gorgeous women on the planet Kate Middleton start there visit of Canada........i need to get ready
[09:27] {Threei} I am ready for the last couple months ese
[09:27] {RonS} that's why you got a tux?
[09:27] {Threei} no, lawnmower
[09:28] {ese} I say you invite them over to the shiskabob party
[09:28] {RonS} lol
[09:28] {davd} greek voting sounds questionable?
[09:28] {Threei} come on ese... your love to royals goes as far as willingness to share shishkabob with them??
[09:29] {patience} i'm not sharing any
[09:29] {Threei} I don't think so davd
[09:29] {Threei} they pretty much tied themselves up yesterday
[09:29] {Threei} execution, is another matter altogether
[09:30] {ese} ya your right.......no shiskabob for them
[09:30] {jfjf64} mornin
[09:30] {Threei} jf :)
[09:31] {Threei} IMO, buy pullback mode
[09:32] {Threei} Long Setup: SLW .45
[09:32] {Threei} if stays above .35
[09:33] {Threei} Long Setup: RIMM 29 break
[09:33] {Threei} if stays above .90
[09:34] {Threei} (GR) Greek Implementation Vote Update: 55 in favor with 54 against
[09:34] {davd} id hate to be that one guy
[09:34] {Threei} rofl
[09:34] {Threei} good point
[09:34] {Threei} RIMM 1:1
[09:35] {Threei} SLW stop to .39
[09:35] {Threei} SLW 1:1
[09:35] {Threei} (US) Senate cancels July Fourth recess to work on budget deficit issues
[09:36] {Threei} oh you hardworking ants you
[09:40] {ese} MERC.....raymond james cuts to outperform from strong buy.......what the heck
[09:40] {Threei} Long Setup: SLW .25 break
[09:40] {ese} dn a bill.....sheesh
[09:40] {Threei} if holding above .15
[09:40] {RonS} chi pmi 1 min
[09:41] {dino} qqq s .55 bstop .66
[09:41] {Threei} Long Setup: FCX .25 break
[09:42] {Threei} SLW 1:1
[09:42] {Threei} FCX 1:1
[09:42] {Threei} can I go home
[09:42] {Threei} 1:2
[09:43] {Threei} 1:2
[09:43] {Threei} 1:3, done
[09:43] {jfjf64} 4 more wins takee fri off
[09:43] {jfjf64} lol
[09:43] {dino} qqq stop, gj 3i
[09:43] {Threei} ty
[09:45] {Threei} *(US) JUN CHICAGO PURCHASING MANAGER: 61.1 V 54.0E
[09:45] {Threei} SLW 1:3, done
[09:45] {nemo} jeez...think the number got leaked
[09:45] {Threei} legally leaked
[09:45] {Threei} PMI gets released in two stages
[09:45] {Threei} 3 min earlier for registered users
[09:45] {RonS} reported at 9:42 to subscription service
[09:45] {Threei} 9:45 for the sheep
[09:46] {Threei} (GR) Greek Implementation Vote Update: 100 in favor with 89 against (need 151 to pass measure)
[09:46] {RonS} 07:41 RonS chi pmi 1 min
[09:47] {patience} pmi rises to 61.1 in june
[09:47] {Threei} sigh
[09:47] {RonS} this is the one case in the market where it is safe to follow the reaction
[09:47] {Threei} is there anyone in this room who doesn't have me on ignore?
[09:47] {Threei} also Ron,
[09:48] {samire} Great Job Vad
[09:48] {Threei} considering that move is likely to be in tw steps, it's a case where paryialing is preferable to taking scalp
[09:48] {Threei} ty samire
[09:49] {Threei} group hooray for Arapoglou and Robopoulos please
[09:49] {Threei} (GR) Greek ruling party rebels Arapoglou and Robopoulos again vote in favor of Austerity
[09:49] {RonS} would but can't spell it
[09:49] {Threei} lol
[09:50] {patience} if i do the hooray, will i get more shish kabob than ese?
[09:50] {Threei} more? Your own portion is in jeopardy
[09:50] {Threei} after this:
[09:50] {Threei} [09:47] {patience} pmi rises to 61.1 in june
[09:50] {Threei} [09:45] {Threei} *(US) JUN CHICAGO PURCHASING MANAGER: 61.1 V 54.0E
[09:51] {Threei} [09:47] {Threei} is there anyone in this room who doesn't have me on ignore?
[09:53] {ese} just busy concentrating chief.....thats all
[09:54] {Threei} Brown-Forman Corp. Acquires Maximus Vodka
[09:54] {Threei} sure there must be a joke in there somewhere...
[09:55] {RonS} is that a brand for gays?
[09:55] {ese} L REE .01
[09:56] {Threei} *(GR) GREECE PARLIAMENT APPROVES AUSTERITY IMPLEMENTATION LAW; AS EXPECTED
[09:57] {Threei} Short Setup: FCX .55
[09:57] {Threei} if stays under .65
[09:57] {samire} ese...stop on REE ?
[09:58] {Threei} 1:1
[09:58] {ese} ,90
[09:58] {samire} thanx
[09:58] {Threei} 3 more and jf permits me a day off
[09:59] {larisa} on monday
[09:59] {Threei} cruel
[09:59] {Threei} but hey, at least I know you don't have me on ignore
[10:00] {larisa} :)
[10:00] {Threei} in case anyone seeks where to put money:
[10:00] {Threei} *(RU) RUSSIA CENTRAL BANK (CBR) LEAVES REFINANCING RATE UNCHANGED AT 8.25%; AS EXPECTED
[10:00] {Threei} of course no one promises safety of the principal
[10:01] {ese} lol
[10:05] {RonS} ese, usna shows 1.2 mil sh short
[10:05] {RonS} 15% of float
[10:05] {Threei} I must be missing something
[10:05] {ese} hmmmmm look at that pop up
[10:05] {Threei} tell me please,
[10:06] {Threei} QE and QE2, is it what japan did at the time or is it opposite?
[10:06] {ese} missing what chif
[10:06] {Threei} the measures that sent japan into decade-long stall, liquidity trap etc
[10:07] {RonS} essentially what they did...and it did not work...also did fiscal stimulus
[10:07] {RonS} yes
[10:07] {Threei} right, that's what I thought
[10:07] {Threei} now, look at this:
[10:07] {Threei} (US) Fed's Bullard: QE2 was implemented to prevent a Japan-style crisis in the US economy
[10:07] {Threei} ?????????
[10:07] {ese} ree stopped-.11
[10:08] {Threei} I feel like I am in a parallel universe
[10:08] {Threei} where yes means no, no means yes, to avoid smilar result you take similar action
[10:09] {RonS} now you know how and why alice in wonderland was written
[10:09] {Threei} eqzaktly
[10:09] {Threei} that wa my first analogy
[10:10] {nemo} ebay
[10:10] {nemo} short coming here
[10:11] {nemo} but will likely bounce back above 32
[10:11] {nemo} probably short on the bounce
[10:11] {Threei} Beware the Jabberwock, my son!
[10:11] {Threei} The jaws that bite, the claws that catch!
[10:11] {Threei} Beware the Jubjub bird, and shun
[10:11] {Threei} The frumious Bandersnatch!
[10:11] {nemo} o fur crissakes
[10:12] {Threei} go away nemo, I am fuming
[10:14] {samire} FCX is due for a bounc
[10:14] {Threei} Short Setup: RIMM .90 break
[10:14] {dino} qqq s .77 stop .87
[10:15] {dino} usna sm s .05 gappy
[10:18] {samire} rimm is still valid
[10:18] {samire} ??
[10:18] {Threei} why wouldn't it?
[10:18] {samire} just confirming
[10:18] {ese} MERC nice bounce....right up your alley dino
[10:18] {Threei} where is the resistance for invalidation and stop, samire?
[10:19] {samire} .90 and .00
[10:19] {Threei} see, you know this stuff already
[10:19] {samire} did i pass ?
[10:19] {Threei} with flying colors
[10:19] {Threei} A+
[10:19] {samire} great
[10:20] {dino} qqq stop
[10:21] {Threei} probably a two-sided setup
[10:21] {Threei} although my personal inclination is more on a short side
[10:21] {Threei} but market strenghtens
[10:23] {Threei} (PO) Portugal PM Socrates: Aims to implement the bailout program quickly as the country faces deep problems in need of urgent solutions
[10:23] {Threei} - Will implement structural measures in Q3; will request more sacrifices from the population
[10:24] {RonS} ...burn politicians at the stake?
[10:24] {Threei} lol
[10:24] {Threei} sacrifices from the population as in donating stakes?
[10:26] {Threei} took .97 aggressive
[10:26] {Threei} 5 cents stop
[10:29] {dino} aciw sm s .50
[10:32] {Threei} no go
[10:33] {Threei} unless taking scalp near .90 but that was not my intention
[10:34] {samire} i took rimm long 29.01
[10:35] {samire} following your first advice
[10:35] {samire} short/long
[10:35] {samire} .90 and .00
[10:36] {samire} Thanks Vad
[10:36] {Threei} cool, got a winning trade
[10:36] {samire} 5 of 5 so far
[10:36] {Threei} not too shabby
[10:37] {dino} gj sami
[10:37] {samire} tanx dino
[10:39] {ese} L ree .91
[10:39] {samire} i missed FCX on 1 minute chart (Long after a water fall)
[10:40] {samire} beatiful stairs
[10:42] {samire} rimm 1:2
[10:45] {Threei} so, 3 more winning trades and I get tomorrow off?
[10:45] {samire} yes
[10:46] {samire} deal
[10:46] {Threei} Long Setup: SLW .10 break
[10:46] {Threei} if stays above 33
[10:48] {samire} broke 33
[10:48] {samire} .99
[10:48] {Threei} invalidated
[10:49] {samire} tanx
[10:49] {samire} thanx
[10:49] {Threei} watching if another setup forms
[10:50] {samire} all because of me
[10:50] {samire} it was border line
[10:50] {Threei} nah, just no setup
[10:50] {Threei} this kind of sudden jump has no trigger
[10:58] {samire} dino is not posting today
[10:59] {Threei} Long Setup: FCX .70 break
[10:59] {dino} usna stop .27-.22
[10:59] {Threei} if holding .60
[11:00] {dino} sprd spike
[11:01] {Threei} not a scalp, partial out at usual levels
[11:02] {Threei} should do 1:3
[11:03] {Threei} 1:1
[11:03] {Threei} usual routine, half out and trail stop to .69
[11:03] {RonS} Block comments - says isn't a "ninja assassin" who brings down stocks. Says SPRD letter achieved goal of more transparency
[11:04] {samire} thanx vad
[11:04] {samire} sto be
[11:04] {samire} stop be
[11:04] {Threei} yw
[11:04] {Threei} 2 wins left to earn extra day off
[11:04] {Threei} 1:2
[11:05] {samire} yes 2 wins
[11:05] {Threei} stop to .75 for the balance
[11:06] {samire} how do win ?
[11:06] {samire} do you'
[11:07] {Threei} hmm?
[11:07] {Threei} try again... that was not English :)
[11:07] {samire} is your brain for sale ?
[11:08] {larisa} did you subtract the stop earlier ?
[11:08] {Threei} who told you I have one?
[11:08] {Threei} http://www.realitytrader.com/vad/brrain.jpg
[11:09] {samire} President Obama
[11:11] {larisa} ?
[11:12] {Threei} ese, look dcc pls
[11:16] {dino} wbmd drop
[11:20] {Threei} stop to .79\
[11:20] {ese} vad....do that again.......make me look at dcc.....REE jumped up.....should go up more if we try it again
[11:20] {Threei} hmmm... let's try
[11:20] {Threei} ese, look dcc pls
[11:20] {ese} lol
[11:21] {ese} look at that ......it worked
[11:21] {Threei} what do you know... worked again
[11:21] {Threei} there, new way to make money
[11:22] {Threei} don't you love RT approach
[11:22] {ese} market that on your website
[11:22] {Threei} then of course good old violence should work just as well
06[11:22] * Threei kicks FCX in the rear
[11:23] {ese} welllll.......yes....that should work as well
[11:23] {Threei} so, the marketing slogan would go like: I will distract ytou while market makes you money?
[11:24] {ese} ya ya!!!!!!! thats it.......thats the ticket......ya ya
[11:32] {Threei} 1:3, target hit
[11:32] {Threei} over and out
[11:33] {Threei} that's 6 wins for you samire
[11:33] {Threei} and jf who elected to leave after 4th, I'll never forgive
[11:40] {samire} deal
[11:58] {samire} what is 4 lunch ?
[11:58] {RonS} dave, you're gonna love this...http://tinyurl.com/3hkzcfc
[11:58] {RonS} ...things that make you go hmmm...
[12:04] {davd} those sneaky chinese! buying too much of our debt!
[12:07] {jfjf64} im back
[12:07] {ese} i'm back
[12:07] {jfjf64} internet down
[12:07] {ese} no....i'm just back
[12:07] {jfjf64} take off fri
[12:07] {jfjf64} great job 3i
[12:08] {Threei} ty jf
[12:16] {dino} sni drop
[12:22] {Threei} total stall in the market
[12:23] {ese} i'll say
[12:23] {Threei} wanted to add "and in my brain" but then remembered that market sometimes does wake up
[12:27] {ese} yawnnnnnnnnnnnnnnnnnn...........
[12:30] {dino} kro spike
[12:31] {dino} sm s .45
[12:43] {dino} sgg drop
[12:55] {dino} kro bstop to .14
[12:55] {RonS} things that chap your rear:
[12:55] {Threei} uh oh
06[12:55] * Threei covers his rear
[12:56] {RonS} my beloved 11 yr old Brittany is in the doggie hospital dying of anti-freeze poisning
[12:56] {dino} bummer
[12:56] {Threei} ouch
[12:57] {RonS} on top of losing her, it's gonna cost me 2k
[12:57] {patience} very sorry to hear Ron
[12:58] {dino} seriously sorry, dogs are the best
[12:58] {Threei} sorry Ron
[12:59] {RonS} she has been great...so sensitive that i actually had to change my demeanor
[12:59] {RonS} even my wife could not do that
[12:59] {dino} stop kro slippage ave .16, +.29
[12:59] {RonS} gj
[13:00] {dino} ty
[13:00] {dino} i understand ron, my 13 yr old golden lies i=on floor by me all day while trading
[13:05] {RonS} ya, her snoring was the only thing that kept me awake during market lulls
[13:05] {RonS} guess i will be like 3i now and fall asleep
[13:05] {RonS} :D
[13:06] {dino} have to get another one
[13:06] {Threei} hmm
[13:06] {Threei} difference is still there Ron... you wake up, then fall asleep
[13:06] {Threei} I skip first stage
[13:13] {dino} ipcm sm l .05
[13:17] {dino} too soon, stopping it
[13:21] {ese} still L ree
[13:23] {RonS} ebix blood
[13:23] {dino} fraud accusations
[13:24] {RonS} 200k?...seems like a joke...
[13:24] {dino} aciw to .24
[13:30] {dino} cov aciw +.35
[13:31] {dino} +.25 typo
[13:47] {samire} dino....are you having a good day
[13:50] {dino} -125
[13:50] {dino} started 0/3
[13:51] {samire} i hope you finish green
[13:51] {samire} i am green today
[13:52] {dino} trying
[13:52] {dino} gj sami
[13:52] {dino} these staight up days always give me trouble
[13:53] {Threei} me too
[13:53] {Threei} but this morning was a godsend
[13:53] {dino} you are in the zone 3i
[13:53] {dino} i do better on chaos days
[13:54] {Threei} as long as I don't wake up...
[14:01] {nemo} that's enough for me c u 2morow
[14:01] {Threei} slacker
[14:01] {nemo} fwb
[14:01] {dino} cya nemo
[14:06] {samire} sndk hod
[14:09] {samire} any body likes sndk
[14:12] {dino} no
[14:12] {dino} dar sm l .50
[14:18] {samire} dino....stop on DAR ?
[14:19] {dino} .29
[14:20] {dino} got lucky on ipcm out .29, +.24
[14:26] {dino} dar stuck, to .39
[14:26] {dino} rate spike
[14:28] {dino} jw/a spike
[14:42] {dino} titn wants that ,65 gap
[14:48] {dino} stop dar .44 -.06
[14:59] {dino} htwr sm l ave .80
[15:20] {Threei} amazing... nothing moves
[15:25] {_edusantos} good to be here, great place to learn
[15:25] {_edusantos} see you tomorrow
[15:25] {Threei} take care santos
[15:25] {Threei} edu
[15:25] {Threei} umm
[15:25] {Threei} not sure what the right shrtened would be :)
[15:26] {_edusantos} edu
[15:26] {samire} took kog on 2s
[15:26] {_edusantos} :-)
[15:26] {Threei} ok, ty :)
[15:26] {samire} KOG took the bounce
[15:26] {samire} 2 minute chart
[15:26] {samire} water fall
[15:27] {samire} got in 5.69
[15:43] {samire} Vad.....are you watching tza ?
[15:44] {Threei} no
[15:44] {Threei} I don't view market sas dropping into close today
[15:45] {samire} should we call it a day ?
[15:45] {samire} nice super green day me
[15:46] {samire} but my bag is 1/2 full
[15:46] {Threei} I guess... last 15 min... what's the need to push really
[15:46] {samire} u told me to get a bag
[15:47] {dino} gj sami
[15:48] {samire} thanx dino......i hope that u have a better day tomorrow
[15:48] {Threei} ok guys, thank you, see you tomorrow
[15:49] {dino} ty, me 2
[15:52] {patience} ty Vad
[15:52] {larisa} bye :)
