Thursday, January 5, 2012

Jan 05 2012

New saving combos:

Fair day: profitable but without excesses. We like excesses on profit side though, so let's see if we can make it excessive tomorrow.

Session Time: Thu Jan 05 00:00:00 2012
[09:06] {Threei}  OK... I had to make a decision, and I made it: I am going to wake up now
[09:07] {swill} wtg
[09:07] {Threei}  ty
[09:07] {Threei}  may I consider daily tasks accomplisged at this point, and go back to sleep?
[09:08] {swill} your choice
[09:09] {Threei}  you are too kind
[09:09] {swill} i know
[09:10] {swill} i'll go back to bed then
[09:10] {Threei}  don't
[09:11] {swill} lol
[09:11] {Threei}  let's make some money, then by all means :)
[09:11] {Threei}  had a great day yesterday... may try to repeat it just as well
[09:11] {swill} i'm up for it
[09:12] {Threei}  that TNA 40 cents trade was like a gift from high above... it was like a stock just waited for us to enter
[09:12] {JK13} good morning
[09:12] {Threei}  jk :)
[09:13] {Threei}  (EU) EFSF chief Regling: Very confident in euro
[09:13] {Threei}  The very fact that this confidence has to be announced tells a lot about just how much confidence there is... I mean, anyone ever thought of expressing confidence that there will be a sunrise tomorrow?
[09:15] {rambler} morning....
[09:15] {stewy} good morning Vad
[09:15] {cc_8} Good morning
[09:15] {stewy} gd morning all.
[09:18] {Threei}  rambler, cc :)
[09:19] {Threei}  stewy, welcome back!
[09:20] {stewy} thx. after months of exile, good to be here
[09:20] {Threei}  I kno what you mean... I had this out of body experience through the whole fall, and fooled whole room - everyone thought I actually was here
[09:21] {swill} were you really in bed
[09:21] {Threei}  customary back and forth with nemo helped, looked very natural
[09:22] {Threei}  I suspect I was on Krypton, swill...
[09:22] {Threei}  maybe it was Titan, not sure
[09:22] {Threei}  sirens were there
[09:23] {Threei}  Euro has its behind chewed off this morning
[09:23] {Threei}  under 1.28
[09:24] {Threei}  first time in over 2 years
[09:25] {Threei}  unusually strong ADP numbers propped SPY, but gains are almost erased by now
[09:26] {Threei}  I think let's skip first min or two
[09:26] {Threei}  there likely to be some confusion about initial direction
[09:26] {rambler} DNDN up huge this am
[09:26] {Threei}  let's sit it out
[09:26] {Threei}  DNDN had news
[09:26] {dino} gm
[09:26] {Threei}  dino :)
[09:27] {rambler} good news from the look of it..
[09:28] {Threei}  open for interpretation...
[09:28] {Threei}  mix of things
[09:28] {Threei}  and annoyingly long :)
[09:28] {Threei}  in trsditions of tweeting generation, I'd say: TLDR
[09:29] {Threei}  my first impulse is to short
[09:30] {Threei}  but let's try and find good bounce for entry
[09:30] {Threei}  watching FCX and SLW
[09:31] {Threei}  no bounce to speak of, FCX
[09:31] {Threei} Short Setup: SLW  .10 break
[09:31] {Threei}  grrr, too fast
[09:31] {Threei}  no chasing
[09:32] {Threei}  FCX, should bounce now, ideally our short entry would be above .30
[09:33] {Threei} Long Setup:  LVS  .65 break
[09:33] {Threei}  half lot
[09:33] {Threei}  if stays above .55
[09:34] {Threei}  invalidated
[09:35] {Threei} Short Setup: FCX  .10 break
[09:35] {Threei}  stop .23
[09:36] {Threei}  no go
[09:36] {dino} stopped
[09:37] {dino} ndx green
[09:38] {Threei} Long Setup:  LVS  .60 break
[09:39] {Threei}  let's recalibrate it: .55 break trigger if holding .45
[09:40] {Threei}  target 1:3
[09:40] {Threei}  invalidated
[09:42] {dino} fcx s .16
[09:43] {Threei}  LVS setup is back
[09:43] {Threei}  strangely strong, for all the market weakness
[09:45] {dino} cov fcx .04, +,12
[09:45] {Threei}  gj
[09:45] {Threei}  candidate for the most confused and senseless comment of the day:
[09:45] {Threei}  (CN) IMF comments on Asia; sees need for China to boosts increases domestic consumption; calls on Japan to trim its debt adn increase growth
[09:45] {Threei}  - Notes that Asia countries have the capacity to help in Europe crisis
[09:45] {dino} ty
[09:46] {dino} notice its never europes fault
[09:47] {Threei}  no need to say, LVS is off the table
[09:50] {dino} nflx spike
[09:52] {Threei} Long Setup:  FCX  .30 break
[09:52] {Threei}  if stays above .20
[09:53] {Threei} Long Setup:  SLW  30 break
[09:53] {Threei}  stop is exceedingly obvious
[09:53] {Threei}  target 1:2
[09:54] {Threei}  1:1, half out
[09:54] {Threei}  scalpers know what to do
[09:55] {dino} fcx stop
[09:55] {Threei}  FCX no go
[09:56] {Threei}  not getting rhytm on this one today
[09:58] {Threei} Short Setup: SHLD  30 break half lot
[09:58] {Threei}  if stays under .15
[09:59] {Threei}  ISM 52.6 v 53E
[09:59] {dino} fcx s .20
[10:01] {Threei}  FCX is yours today, I have no feel for it
[10:01] {Threei}  used to be my best friend... now it's not writing, not calling...
[10:02] {Threei}  die SHLD
[10:02] {Threei}  target 1:2
[10:02] {Threei}  DNDN halt
[10:02] {Threei}  circuit breaker
[10:05] {Threei}  1:1 SHLD
[10:05] {Threei}  half out
[10:06] {Threei}  stop to 30.01
[10:06] {thomcbell} fdx new low
[10:06] {thomcbell} ups terible today too
[10:07] {Threei}  market overall feels like teetering on a brink of collapse
[10:07] {dino} cov fcx .08 +.12
[10:07] {RonS} hgsi pop
[10:07] {swill} good rythm on shld
[10:08] {Threei}  missed dive to .72 to cover
[10:12] {dino} out hgsi +.10 ty ron
[10:12] {Threei} Long Setup:  GLD  156 break smaller shares
[10:12] {Threei}  if stays above .85
[10:14] {Threei}  (GR) Reports now that the schedule for the next troika tranche for Greece will be moved back by 3 months - fianncial press
[10:14] {Threei}  lol
[10:14] {Threei}  1:1 GLD
[10:15] {Threei}  I guess they decided that in three months Greece will finally default, so no need to spend anymore for now
[10:16] {dino} out gld +.07
[10:16] {dino} they said, bend over greece
[10:18] {dino} fcx l trig .25
[10:18] {Threei}  1:2, out
[10:19] {Threei}  out second half SHLD
[10:23] {dino} fcx l .15
[10:23] {Threei}  a bit too soon out on GLD
[10:23] {dino} gj
[10:23] {Threei}  thought it was capable of 40 cents
[10:23] {Threei}  but wanted to secure the win
[10:28] {Threei} Short Setup: LVS  .20 break
[10:28] {Threei}  if stays under .30
[10:34] {thomcbell} ups fdx new lows
[10:34] {Threei}  let's trail stop to .26
[10:34] {Threei}  1:1
[10:34] {Threei}  half out
[10:35] {Threei}  scalpers are out and happy
[10:35] {swill} yes happy. can't understand it
[10:35] {Threei}  understand LVS?
[10:36] {dino} fcx stop -.16
[10:36] {swill} myself
[10:36] {Threei}  ah OK... I though, what to understand... it's three letter symbol, no actual meaning beyond providing us with profits :)
[10:37] {Threei}  scalpers win
[10:38] {swill} i could get use to winning
[10:39] {Threei}  oh, that would be horrible...
[10:39] {Threei}  lol
[10:39] {swill} what can i say buy lol
[10:40] {RonS} plce sm s .80
[10:44] {RonS} out -.10
[10:46] {cipher} +.11 plce thx ron
[10:46] {dino} fcx l .00
[10:49] {dino} semg spike
[10:49] {dino} news?
[10:49] {cipher} wow plce too soon
[10:49] {Threei}  CNBC
[10:49] {Threei}  discusses history of takeover offers rejected by SEMG
[10:50] {dino} sm s .58
[10:51] {Threei} Long Setup:  KBR  .80 break
[10:51] {dino} cov semg .18, +.40
[10:51] {Threei}  if stays above .75
[10:51] {Threei}  wtg
[10:52] {dino} ty
[10:52] {dino} that .07 lit it up like a fire
[10:58] {Threei}  let's go already KBR
[10:58] {Threei}  looks nicely double-bottomish
[11:00] {thomcbell} lvs what a nuisance
[11:00] {thomcbell} Vad was not there with 2x4
[11:00] {Threei}  lol
[11:00] {Threei}  guess who is on TV
[11:00] {cipher} mr O?
[11:01] {RonS} mr 0...
[11:01] {Threei}  yessir
[11:01] {thomcbell} The Truman O
[11:02] {dino} buying teenage votes today
[11:03] {rambler} with your money....
[11:03] {Threei}  LVS losing support
[11:04] {Threei}  you still in tbell?
[11:04] {thomcbell} sadly - patience was not there
[11:04] {thomcbell} big level here in gap at 43
[11:10] {rambler} will SPY break 127.....?
[11:12] {RonS} honest q...why do people focus on spy when the index is the .spx?
[11:12] {rambler} that is a good question.....
[11:13] {JK13} Vad still in KBR?
[11:13] {Threei}  no, it hit over 1:1
[11:14] {dino} zumz spike
[11:14] {rambler} you lost me on KBR Vad....
[11:15] {Threei}  ?
[11:15] {Threei}  .80 trigger
[11:15] {rambler} where did it hit 1:1...
[11:15] {Threei}  .75 stop
[11:15] {beau} Vad, see KBR high was .86
[11:15] {Threei}  yes
[11:15] {Threei}  how is it not 1:1?
[11:15] {thomcbell} Boeing (BA) says 12 deliveries of combined 747/787 YTD...vs. 15-20 goal - Bloomberg
[11:16] {rambler} missed the .75 stop...
[11:16] {Threei}  10:51] {Threei} if stays above .75
[11:16] {beau} missed the .75 stop.  went to .70
[11:16] {Threei}  no harm done
[11:16] {Threei}  it's still close to the b/e
[11:17] {beau} I'll learn!
[11:17] {thomcbell} vad - slw has gotten wicked recently
[11:18] {Threei}  in what way?
[11:18] {thomcbell} that pop this am from under 30 - vicious
[11:18] {Threei}  it often does it on first minutes
[11:19] {Threei}  spread can be quite jumpy too
[11:19] {Threei}  usually takes couple min for this one to stabilize
[11:20] {dino} zumz s .66
[11:21] {Threei}  GM to call back 8,000 electric Chevy Volts
[11:21] {Threei}  oh boy
[11:21] {Threei}  just how annoying these experiments with public money are
[11:21] {cipher} ibm l.38
[11:22] {Threei}  no news for this market spike
[11:23] {dino} zumz stop
[11:23] {cipher} out ibm +.07 not working
[11:25] {dino} 07 green
[11:25] {rambler} there goes KBR..
[11:27] {dino} ;)
[11:31] {cipher} ibm delayed reaction :-(
[11:32] {dino} out kbr .92, +.12
[11:33] {rambler} scalper....
[11:33] {Threei}  you do remember GM denying there was anything wrong with battery, right?
[11:33] {Threei}  followed by promise of a fix
[11:34] {Threei}  now it's:
[11:34] {Threei}  Update: GM announces enhancements to Chevrolet Volt following investigation into post-severe crash battery performance
[11:34] {Threei}  so, the chain is: there is nothing wrong with it - but we will fix it easily - and now we will "enhance" it
[11:35] {Threei}  what are the chances of me buying any GM vehicle, ever...
[11:35] {rambler} slim to none for me.....
[11:35] {Threei}  even crash dummies should stay away from it
[11:41] {dino} out fcx .12, +.12
[11:48] {Threei} Long Setup:  WFC  .80 break
[11:48] {Threei}  if stays above .75
[11:49] {Threei}  try to grab last shares at .80
[11:49] {dino} csh sm l .56
[11:49] {Threei}  rather than taking .81
[11:49] {Threei}  and pay attention, stop is .75!
[11:49] {Threei}  not .70
[11:50] {Threei}  well, .74 to be pedantic
[11:50] {beau} yes sir.  put glasses on. much better
[11:51] {Threei}  hehe
[11:52] {dino} zumz sm s .10 break
[12:00] {Threei}  ok... it's time for things to resolve
06[12:00] * Threei kicks WFC in the rear
06[12:02] * Threei kicks WFC in the rear with heavy duty steel toe army boots
06[12:02] * Threei kicks WFC in the rear with heavy duty steel toe army boots and pokes it in the ribs with electorcharged stick
[12:03] {cc_8} more
[12:03] {Threei}  need to recharge the stick
[12:04] {cc_8} LOL
[12:05] {Threei}  see... violence works
[12:09] {Threei}  stop should be at .77 at this point
[12:10] {Threei}  practicing patience during chinese water torture trade
[12:10] {Threei}  ever tried to chew your way through the brick wall?
[12:13] {dino} csh to .72
[12:14] {Threei}  OK, out first half
[12:14] {Threei}  scalpers be happy
[12:15] {Threei}  big shares trade
[12:15] {dino} die zumz dddddiiiiieeeeee
[12:15] {Threei}  ese style
[12:15] {Threei}  scalp type #1
[12:15] {Threei}  need help dino?
06[12:15] * Threei hits ZUMZ over the head with 2x4
06[12:16] * Threei hits ZUMZ over the head with 2x4 endowed with rusty nails
[12:16] {dino} csh to .83
[12:16] {Threei}  1:2 baby
[12:16] {Threei}  out WFC in full
[12:17] {Threei}  too bad ese is not here, this is a trade he would be all over
[12:17] {dino} out wfc +.08 ty vad
[12:17] {Threei}  welcome sir
[12:17] {dino} csh to .87
[12:18] {dino} out csh slippage ave .83, +.29
[12:19] {Threei}  ZUMZ, violence works
[12:20] {dino} zumz to .03
[12:20] {stewy} ty vad shook off cobwebs with that
[12:20] {stewy} wfc call
[12:20] {dino} sometimes you have to yell at them
[12:20] {Threei}  cool :)
[12:20] {Threei}  yell?
[12:20] {stewy} of course molasses type speed helps
[12:20] {Threei}  nemo would be ashamed of you
[12:21] {Threei}  hit them
[12:21] {Threei}  kick them
[12:21] {Threei}  it's good spped to get back in the saddle, stewie, I agree
[12:23] {dino} stop/cover zumz +.06
[12:28] {dino} ugh stop too tight zumz
[12:36] {Threei}  wow
[12:36] {Threei}  WFC was capable of more
[12:36] {Threei}  didn't think it would
[12:40] {rambler} ok, back in the saddle...
[12:41] {Threei}  notice, thanks to extreme violence
[12:42] {Threei}  National GOP Poll: Romney 29%, Santorum 21%, Gingrich 16%
[12:42] {Threei}  and I suppose, Generic Republican somewhere in 70 :)
[12:43] {rambler} I'm kinda pulling for Santorum myself.....
[12:44] {rambler} the underdog...
[12:45] {Threei}  "unelectable" on his forehead, I think...
[12:46] {rambler} lol
[12:46] {Threei}  his social policies are as far from mainstream as Ron Paul's foreign policy
[12:46] {rambler} mainstream is the problem.....
[12:47] {Threei}  that's why public is rooting for Generic Republican so much... each of actual candidates has a skeleton of dinosaur size in the closet
[12:48] {Threei}  ok, WFC needs to stop this, or I will get a strong case of scalper's regret
[12:49] {Threei}  and since nemo is not here and I need an outlet for frustration, can I slap cc_8?
[12:49] {rambler} need long arms...
[12:50] {Threei}  I really miss magoo... hitting him with heavy and rough-edged things was the best thing ever
[13:01] {dino} gs sm l .75
[13:03] {dino} stop is .49
[13:04] {thomcbell}\
[13:06] {Threei}  my bet is, not going to happen
[13:07] {dino} buying votes
[13:09] {rambler} Vad, what site do you use for news...
[13:10] {Threei}
[13:10] {rambler} thanks
[13:11] {Threei}  sure thing
[13:13] {dino} wtw wow
[13:14] {RonS} the power of sir charles, eh?
[13:15] {rambler} what is the term for the distance between price levels on a live chart...?
[13:15] {Threei} Short Setup: GS  .50 break half lot
[13:15] {rambler} cause WTWs looks big...
[13:16] {Threei}  on level 2 you mean?
[13:16] {rambler} no, the price levels on the rt side of the chart
[13:16] {Threei}  stop above .65
[13:17] {Threei}  I donb't think there is special term for that
[13:18] {Threei}  it's a function and indicator of volatility
[13:19] {Threei}  1:1
[13:19] {cipher} plce l .35
[13:20] {swill} ty gs
[13:21] {Threei}  :)
[13:22] {rambler} what about the number up in the left corner (-0.25)
[13:23] {Threei}  it's a change from yesterday's close
[13:23] {rambler} ah
[13:23] {rambler} so
06[13:24] * Threei is checkinh his pockets in hope to find a thousand shares of WFC, accidentaly lost in the clutter
[13:25] {RonS} CBOE down
[13:29] {cipher} out plce .60 +.25
[13:29] {rambler} gj
[13:30] {dino} wtf gs
06[13:40] * Threei crawls under the office desk and throws stuff out of the file cabinets, looking for that WFC leftover... NOTHING!
[13:42] {dino} thinny, sm l osh .75
[13:47] {Threei}  dino, look dcc pls
[13:49] {RonS} got csh .56 to .86 +.30  thanks dino
[13:53] {dino} gj ron
[13:53] {dino} avav drop
[13:55] {dino} sm l .74
[13:56] {cipher} sm l .76
[13:57] {rambler} news on AVAV...?
[13:58] {Threei}  nothing fresh that I see
[13:58] {dino} idcc
[13:59] {RonS} IDCC chatter
[14:00] {RonS} from 12 min ago...RIMM reportedly agrees to license BlackBerry software to Samsung, HTC and others
[14:05] {dino} avav to .08
[14:06] {cipher} enjoying the ride :)
[14:06] {dino} out avav .08, +.34
[14:07] {rambler} Dino, when AVAV hit 29.00 on declining volume (practically 0 on that candle), what is telling you to stay in?
[14:07] {dino} my stop
[14:08] {cipher} +.29 avav thx dino!
[14:08] {dino} i will not take a sm trade w/o the idea of .30 i.e 1/1
[14:08] {dino} gj cipher
[14:08] {rambler} thanks Dino..
[14:08] {dino} so if you see sm mentioned i want .30+
[14:09] {dino} most ikely avav hits vwap at .24
[14:10] {rambler} good to know...I got .17 anyway  on small shares so thanks for that!
[14:10] {dino} np & gj
[14:10] {cipher} dino is da man
[14:11] {cipher} and vad too of course :-)
[14:11] {dino} vad yes, me no
[14:11] {dino} just trying to earn a living
[14:14] {Threei}  so am I
[14:15] {Threei} Long Setup:  TZA  .15
[14:15] {Threei}  if stasy above 25
[14:16] {dino} el dropping
[14:17] {RonS} wow...The most guns ever sold in 1 month in the US was Dec, 2011, the total was over 1.5 million
[14:17] {Threei}  target 1:2
[14:18] {RonS} guess holder is still shipping arms to the mex cartels
[14:19] {Threei}  what an incredible disgrace
[14:19] {RonS} thinking it caused the EL drop...evryone gave their honey a pistol instad of perfume...
[14:19] {dino} lol
[14:21] {cipher} funny, got my 1st gun in dec :)
[14:21] {RonS} lol
[14:21] {cipher} honey will be next :)
[14:22] {dino} lol
[14:26] {Threei}  ok, I giess it's time for another round of violence
[14:26] {Threei}  TZA looks like it could use some
[14:26] {rambler} boot in  the butt
06[14:27] * Threei kicks TZA in the rear with cement block
[14:27] {RonS} copper is getting smacked
[14:27] {Threei}  look at that
[14:27] {rambler} working...
[14:28] {RonS} crude too
[14:28] {Threei}  1:1
[14:28] {Threei}  how about that
[14:29] {dino} kbr s .99
[14:31] {rambler} s for small..?
[14:31] {dino} s=short
[14:31] {dino} sm=small=400
[14:31] {Threei}  unless you are ese
[14:32] {Threei}  in which case sm=4000
[14:32] {rambler} o.k. tks
[14:32] {dino} kbr was 1k short at .99
[14:33] {dino} stopped flat
[14:38] {Threei}  ok TZA
[14:38] {Threei}  let's do next leg
[14:45] {RonS} sad but true:
[14:46] {Threei}  lol
[14:47] {dino} hes l .59
[14:52] {dino} wbmd spike
[14:53] {RonS} Weather Channel, WebMD $WBMD said to be on Yahoo! $YHOO wish list of assets -Bloomberg
[14:54] {dino} ty
[15:00] {dino} fcx s .35
[15:03] {dino} stop -.06
[15:10] {dino} tsla drop
[15:11] {RonS} TSLA tax credit in doubt - this is the issue
[15:12] {RonS} lol...TSLA looking to make a $GRPN type drop
[15:12] {stewy} .
[15:12] {stewy} one ping only
[15:13] {stewy} thanks Vad for a goo frst day
[15:13] {dino} crazy ivan
[15:13] {stewy} c u 2moro
[15:13] {Threei}  take care stewy
[15:32] {dino}  out hes flat
[15:34] {Threei}  quiet eod
[15:35] {Threei}  but slide starts
[15:35] {Threei}  so TZA is still in play
[15:42] {JK13} gn everyone
[15:42] {JK13} thks Vad
[15:45] {rambler} Vad, you still in TZA..?
[15:45] {Threei}  not anymore - it just stopped secnd half on trailing stop
[15:45] {Threei}  tried to keep it for 1:2
[15:45] {Threei}  take care JK
[15:47] {dino} wpi
[15:48] {dino} sm s .46
[15:49] {swill} swill signing off
[15:49] {Threei}  OK guys
[15:49] {Threei}  no more trades
[15:49] {Threei}  thank you all
[15:49] {Threei}  have a great evening
[15:49] {Threei}  see you tomorrow for a good finish to a good week
[15:56] {dino} out osh .90, +.15