Slightly positive and incredibly boring day. Market is scared of itself.
Session Time: Wed Jan 18 00:00:00 2012
[08:52] {thomcbell} good morning
[08:52] {Threei} morning thom
[08:52] {Threei} have you seen our 15:07 trade yesterday?
[08:53] {Threei} contained reference to you
[09:07] {thomcbell} no i didnt see it Vad
[09:07] {JK13} morning everyone
[09:08] {Threei} JK :)
[09:08] {swill} morning
[09:08] {Threei} swill :)
[09:08] {Threei} [15:07] {Threei} Long Setup: TZA .75 break
[09:08] {Threei} [15:07] {Threei} if stays above .65
[09:08] {Threei} [15:09] {Threei} 1:1
[09:08] {Threei} [15:09] {Threei} nice and easy
[09:08] {Threei} [15:09] {Threei} just as we like it
[09:08] {Threei} [15:10] {Threei} 1:2, out
[09:08] {Threei} [15:10] {Threei} 11:52] {thomcbell} disgusting really
[09:08] {Threei} [15:10] {Threei} [11:52] {thomcbell} shameful
[09:08] {Threei} [15:10] {Threei} color me ashamed
[09:08] {Threei} [15:10] {Threei} again
[09:08] {thomcbell} hehe
[09:09] {Threei} :)
[09:10] {Threei} city is officially paralized
[09:10] {Threei} paralyzed too
[09:10] {dino} gm
[09:10] {Threei} swill, tell me you are not driving today
[09:10] {Threei} dino :)
[09:11] {swill} i'm a pretty good snow driver
[09:11] {Threei} won't help - there are others on the roads...
[09:11] {Threei} anfd they see snow once every 5 years
[09:11] {swill} ok i'll hit them
[09:12] {Threei} lol
[09:12] {Threei} http://www.timescolonist.com/Wintry+blast+turns+Greater+Victoria+roads+into+rivers/6007630/story.html
[09:13] {swill} your right
[09:14] {Threei} "voluntarily" redefined:
[09:14] {Threei} PM Papademos said he will consider legislation that would force creditors to take losses on their holdings if no agreement can be reached.
[09:17] {rambler} morning...
[09:17] {Threei} rambler :)
[09:17] {stewy} gd morning everyone
[09:17] {Threei} stewy :)
[09:18] {Threei} so far my inclinations are on a short side
[09:22] {Beau} good morning you all
[09:23] {Threei} beau :)
[09:23] {swill} I wonder if ese will be closed to day
[09:23] {Threei} I beklieve so, all schools are closed
[09:25] {RonS} gm...qotd: That Goldman report was so bad I think Nick Cage was in it
[09:25] {Threei} ron :)
[09:25] {Threei} lol
[09:27] {thomcbell} think Con Air
[09:28] {dino} real$, reports french regulator will inform banks that a 70-75% write down on greek debt
[09:30] {Threei} and they call it haircut
[09:30] {Threei} I am still favoring "beheading" more
[09:30] {dino} give it until march is my guess
[09:31] {Threei} Short Setup: FCX .80 breaj
[09:31] {Threei} invalidated
[09:31] {Threei} on watch still
[09:32] {Threei} Long Setup: LVS .30 break
[09:32] {Threei} half lot
[09:32] {Threei} if stays above .15
[09:33] {Threei} Short Setup: FCX .90 break
[09:33] {Threei} if stays under 43 of course
[09:34] {Threei} LVS unobtainable unless you took it aggressively
[09:34] {Threei} in which case you have 1:1
[09:35] {Threei} FCX invalidated twice over
[09:37] {Threei} Short Setup: LVS .55 break
[09:37] {Threei} if stays under .65
[09:38] {Threei} 1:1
[09:38] {Threei} Short Setup: FCX .20 break
[09:38] {Threei} IF STAYS UNDER .30
[09:38] {Threei} sorry caps
[09:40] {Threei} FCX entry is close
[09:40] {Threei} need last bounce
[09:41] {dino} chk l .76
[09:41] {Threei} Short Setup: FCX .20 break
[09:42] {Threei} same setup, if stays under .30
[09:42] {Threei} target 1:2
[09:44] {Threei} Short Setup: LVS .80 break
[09:44] {Threei} if stays under .90
[09:44] {Threei} invalidated
[09:46] {Threei} valid again
[09:47] {Threei} target 1:2
[09:48] {ese} ahhhhhh got through
[09:48] {Threei} morning ese
[09:48] {ese} morning
[09:48] {Threei} day off for you eh
[09:49] {ese} lots of snow out your end vad?
[09:49] {ese} yup
[09:49] {dino} got booted
[09:49] {dino} out chk .88, +.12
[09:49] {Threei} not much but but enough to keep inside
[09:49] {Threei} FCX 1:1
[09:50] {Threei} LVS 1:1
[09:50] {Threei} LVS scalpers win
[09:50] {Threei} SPY strenght resumes...
[09:51] {Threei} FCX scalpers win too
[09:53] {Threei} what the deuce
[09:54] {Threei} (GR) Institute of International Finance (IIF) schedules a news conference for Jan 24- IIF sees potential developments in the Euro Zone in the next few days
[09:55] {Threei} thid is the great news market spikes on?
[09:56] {Threei} Short Setup: PM .45 break
[09:56] {Threei} if stays under .55
[09:56] {Threei} LVS just had to rinse the balance, didn't it
[09:58] {Threei} Long Setup: RIMM .70 break
[09:59] {Threei} if stays above .65 for scalpers, .60 day traders
[10:00] {Threei} *(US) JAN NAHB HOUSING MARKET INDEX: 25 V 22E
[10:01] {Threei} PM invalidated
[10:01] {swill} going to go for a drive.
[10:01] {Threei} RIMM stop to .64 for day traders too
[10:01] {Threei} don't swill
[10:01] {swill} lol
[10:02] {swill} the show must go on
[10:02] {Threei} the show or the snow?
[10:02] {swill} lol
[10:02] {dino} bas sm l .25
[10:04] {dino} something doesn't feel right
[10:05] {Threei} don't get me started
[10:05] {Threei} oh you mean just a stock... :)
[10:06] {cipher} +.13 bas thx dino
[10:07] {RonS} +.14 bas thanks dino
[10:07] {Threei} wtg
[10:07] {stewy} PM still considered?
[10:08] {Threei} not sure
[10:11] {dino} bas to .55
[10:12] {dino} gj ron, cipher
[10:12] {dino} out bas .58, +.33
[10:12] {dino} stt, pnc
[10:12] {cipher} want to short it around .70
[10:12] {Threei} Long Setup: LVS .80 break
[10:13] {Threei} stop under .75
[10:13] {Threei} very tight
[10:13] {Threei} target .95, two partials
[10:13] {Threei} RIMM finally 1:1 for day traders
[10:14] {Threei} took its sweet time
[10:14] {cipher} bas s .68
[10:15] {cipher} cov .59 +.09
[10:16] {cipher} too soon
[10:16] {dino} gj
[10:18] {RonS} ese...gap above...PHH - Kyle Bass files 13G 7.9%
[10:19] {ese} tks ron
[10:20] {dino} phh sm s .45
[10:21] {Threei} RIMM 1:2, over and out
[10:21] {Threei} LVS first partial out
[10:21] {dino} stt db?
[10:21] {Threei} stop to .70
[10:21] {cipher} +.17 phh thx dino
[10:21] {Threei} doesn't look right to me, STT
[10:22] {Threei} feels like one more whoosh
[10:22] {dino} ty
[10:22] {cipher} out lvs .90 thx vad
[10:23] {Threei} :)
[10:25] {Threei} LVS target hit, out
[10:26] {dino} phh stop
[10:26] {ese} phh......
[10:26] {Threei} a bit like pulling teeth today but eventually things work
[10:26] {ese} nice spot there ron
[10:27] {dino} pnc sm l .90
[10:27] {Threei} here comes STT
[10:27] {cipher} phh s .05
[10:29] {Threei} LVS had more in it
[10:29] {thomcbell} qcom 57.57 break
[10:29] {thomcbell} short
[10:29] {cipher} cov phh .90 +.15
[10:30] {cipher} nail biter
[10:31] {dino} gj
[10:31] {ese} nice one cipher
[10:31] {cipher} opps had leftover shares... cov @ 82 +.23
[10:32] {cipher} thx ese
[10:38] {dino} cphd drop
[10:40] {Threei} Long Setup: SLW .50 break
[10:40] {Threei} if stays above .40
[10:48] {dino} tdg drop
[10:52] {dino} fcx s .60
[10:53] {dino} pnc to flat
[10:55] {Threei} DMND
[10:55] {ese} ron may have given me my one chance at makin some dough and i blew it.......the 1min pattern of PHH at around 10:20 is a classic money maker and i haven't found another one like it this morning.........sheesh
[10:55] {Threei} rumors about investor taking large stake
[10:56] {Threei} The EU has recommended that similar systems to 'black boxes' from airplanes be installed in new vehicles
[10:56] {Threei} sheesh
[10:57] {dino} wtf
[10:57] {Threei} bycicles shouldn't be forgotten either
[10:57] {ese} what the H for......man.....like theres enough manpower to check them out.......
[10:58] {ese} Heard this morning on cbc that there were 24,000 car acidents here in bc last year of various sorts
[10:58] {rambler} they'll be black boxing our brains soon enough....
[10:58] {stewy} for some, it already is a black box
[10:58] {Threei} Brains?? Never!! Wait... what's this ticking sound behind my right ear...
[10:59] {dino} adtn spike
[10:59] {rambler} run for the hills, boys.....
[10:59] {ese} lol
[10:59] {Threei} must... invest... in... govt... bonds...
[10:59] {ese} good one vad
[11:01] {Threei} Long Setup: RRR .95 break
[11:02] {Threei} if stays above .90
[11:02] {dino} fcx stop
[11:03] {thomcbell} tough big number vad?
[11:03] {Threei} 20?
[11:03] {Threei} should blow right through it
[11:03] {thomcbell} y
[11:04] {Threei} Long Setup: JPM .10 break
[11:04] {Threei} if stays above 36 of course
[11:05] {Threei} wait... RRR is buyout
[11:05] {Threei} scratch it
[11:06] {dino} adtn sm s .75
[11:12] {dino} qcor drop
[11:13] {Threei} JPM 1:1
[11:13] {dino} gj
[11:13] {Threei} ty
[11:13] {Threei} they take patience today but work
[11:13] {rambler} nice one V...
[11:14] {Beau} thx Vad
[11:14] {Threei} welcome guys
[11:14] {stewy} yes, thx
[11:15] {dino} adtn bstop to .40
[11:16] {dino} cov +.34
[11:16] {RonS} gj...wanted short .95 missed by 2 cents...adtn
[11:18] {dino} ty
[11:19] {Threei} Long Setup: FAZ .65 break
[11:19] {Threei} if stays above .55
[11:19] {ese} ron ....you catch my earlier post.......you may have been my only chance to make money today withPHH.....and I blew it......I'll never doubt you again
[11:20] {ese} gime a second chance......
[11:20] {Threei} {Ron} too late... doubt me once, I kill you
[11:20] {ese} lol
[11:20] {Threei} doubt me twice - hmm, I guess you are a zombie...
[11:21] {Threei} FAZ target 1:2
[11:22] {Threei} SPY loss of 130 should make it work
[11:22] {dino} cphd sm l .96
[11:24] {Threei} no worky
[11:25] {dino} qcor pulp today, all over
[11:27] {Threei} ConocoPhillips CEO: US oil imports could fall by 50% by 2025 due to increasing production from North American shale oil
[11:27] {Threei} - Keystone Pipeline will be essential to US economy.
[11:27] {dino} qcor gap fill
[11:30] {Threei} FAZ rinse... grrr
[11:33] {dino} adtn spike
[11:35] {Threei} *(DE) EGAN JONES DOWNGRADES GERMANY RATING
[11:37] {Threei} couldn't you do that while we had FAZ open, egan??
[11:37] {Threei} cr*p
[11:38] {dino} whr sm s .19
[11:46] {Threei} Short Setup: JPM 36 break
[11:46] {Threei} if stays under .10
[11:47] {dino} whr stop -.19
[11:48] {dino} trp drop
[11:50] {RonS} O announcing pipe ban
[11:50] {dino} sm l .01
[11:51] {Threei} where?
[11:52] {Threei} (US) President Obama considering naming former advisor Larry Summers, State Dept's Hillary Clinton to head the World Bank following a Zoellick nomination
[11:52] {Threei} - Note: Summers earlier in Obama's tenure left the economic advisor position to the administration to go back to Harvard
[11:53] {dino} yeah, he did so well at previous job
[11:53] {Threei} no kidding
[11:53] {Threei} Obama administration expected to announce rejection of Keystone pipeline this afternoon
[11:53] {Threei} wow, really
[11:53] {RonS} However the administration will allow TransCanada to reapply after it develops an alternate route through the sensitive habitat of Nebraska’s Sandhills
[11:54] {dino} and then he will reject it again
[11:55] {RonS} from a washington post article on the matter...
[11:55] {Threei} http://www.washingtonpost.com/national/health-science/2012/01/18/gIQAwoVE8P_story.html
[11:55] {RonS} ...after the election it gets built either way...
[11:58] {Threei} let's trail JPM to .06
[12:04] {Threei} out
[12:08] {ese} l JASO .06
[12:09] {dino} out trp .39, +.38
[12:10] {ese} vad is one of your screens a 3 day high or 2 day high.....
[12:10] {Threei} 2
[12:10] {ese} i recall something like that
[12:11] {Threei} rta://NewAlertWindow/?O=10_19_0&MaxRPD=120&MaxSpread=10&MinRPD=90&MinVol=200000&WN=2-DaysBreak
[12:11] {Threei} same on short side
[12:11] {Threei} rta://NewAlertWindow/?O=20_19_0&MaxRPD=10&MaxSpread=10&MinRPD=-20&MinVol=200000&WN=2-DaysBreak+Dn
[12:12] {ese} tks
[12:12] {ese} is that max spread 10 cents
[12:12] {Threei} yes
[12:13] {Threei} fresh alert from that window WFR
[12:13] {ese} stop to break even jaso
[12:14] {Threei} see how it approaches 2 day's high break?
[12:14] {ese} just checking now
[12:14] {Threei} AU now
[12:14] {ese} yes.......
[12:15] {ese} you can get it before it makes the break
[12:16] {ese} so when it reaches 90% of the previous days high it triggers?
[12:17] {Threei} right
[12:18] {ese} gotcha
[12:18] {RonS} got trp .10 to .60 +.50 thanks dino
[12:18] {ese} nice one ron
[12:23] {ese} go jaso...stop to .08 with the number of shs i got
[12:25] {ese} ahhhhhhh hmmmmmm out 1/2 .11 +.05 2 1/2 K to go
[12:27] {ese} stop to .10 jaso
[12:28] {dino} gj ron
[12:28] {RonS} thanks guys
[12:29] {stewy} take care ron
[12:30] {ese} stoped jaso .10 +.04 2 1/2 K
[12:30] {stewy} thanks vad done while I'm ahead
[12:30] {dino} cya stew
[12:30] {Threei} take care stewy
[12:30] {ese} later stew
[12:46] {dino} out cphd .14, +.18
[12:56] {dino} adtn sm s .99
[13:00] {thomcbell} slw 31.53 break VAD?
[13:01] {thomcbell} or too fast getting here?
[13:01] {Threei} I am afraid it will take forever for it to move to any meaningful profits
[13:01] {Threei} narrow and slow market
[13:04] {dino} strange, europe is falling apart but this market just goes up
[13:08] {Threei} one of the biggest disconnects with reality I've seen
[13:09] {dino} adtn stop -.08
[13:09] {Threei} but really, the collapse of EU became so obvious that the trade became overcrowded
[13:19] {ese} hmmmmm didn't realise i didn't post being L jaso at .11
[13:22] {dino} whr s .99
[13:27] {dino} grpn spike
[13:30] {dino} gpi spike
[13:32] {dino} stop whr -.03
[13:49] {ese} have to ery handy on days like thesetake my son over to a friends....cya later......lLand Rover Discovery comes in v
[13:49] {ese} goofy message
[13:49] {Threei} hmmm
[13:49] {Threei} went through some kind of security scrambler, looks like {G}
[13:50] {rambler} no drinking and driving ese...
[13:50] {Threei} no drinking and typing in this case
[13:50] {rambler} lol
[13:55] {cipher} l ibm .33
[14:00] {cipher} stopped .24 -.09
[14:07] {cipher} freakin rinsed
[14:25] {dino} phh s .80
[14:51] {dino} ew spike
[14:51] {dino} vsm s .63
[14:53] {Threei} wow
[14:53] {Threei} White House said to be rejecting Keystone pipeline as recourse for prior gamesmanship by Republicans - financial press
[14:53] {Threei} seriosuly?
[14:53] {Threei} to the heck with jobs and oil supply security, gotta get back at those repubicans?
[14:54] {dino} bunch of kids
[14:56] {RonS} the chicago way...freakin thugs...if the unions had any cajones they would come out fro the reublicans
[15:00] {dino} cov ew .93, +.70
[15:00] {rambler} beauty Dino...
[15:00] {dino} ty
[15:00] {Threei} nice
[15:01] {RonS} wow...and i was looking for vsm...gj
[15:01] {rambler} that's my usual trick Ron...
[15:01] {dino} lol
[15:01] {dino} vsm=300
[15:06] {dino} ew spike again
[15:11] {dino} phh stop -.20
[15:23] {dino} c&h ew?
[15:23] {Threei} as much as possible with this volatility
[15:23] {Threei} .50 is trigger
[15:23] {Threei} but the stop is, mama
[15:24] {Threei} I don't know how much you can rely on formations made by stocks that move 30 cents in one gasp :)
[15:25] {dino} odd thought break of high would launch it
[15:26] {Threei} it still may - it's just that any natural pullback is so gut-wrenching when it's THAT volatile
[15:29] {dino} lower highs
[15:30] {dino} vsm s .05
[15:31] {dino} bstop is .35
[15:33] {Threei} market ceased activity for almost whole day... look at intraday chart, dead as a doornail in stale cake in the middle of desert
[15:33] {dino} stop
[15:36] {Threei} Long Setup: FAZ 31 break
[15:36] {Threei} if stays above .90
[15:39] {Threei} BAC reports after close, and it's not likely to be pretty
[15:39] {Threei} one would think FAZ should start pricing it in now
[15:45] {Threei} well?
06[15:46] * Threei looks at FAZ with reproachful question in the eyes
06[15:48] * Threei changes eyes expression to patient expectation
[15:52] {dino} ew sm s .44
[15:53] {Threei} ok FAZ, you have 3 minutes
[15:54] {Threei} 2
[15:54] {dino} stop -.06
[15:55] {dino} calling it a day
[15:55] {Threei} 1
[15:55] {JK13} see you tomorrow everyone
[15:55] {rambler} cya Dino, JK...
[15:55] {Threei} ok, I am out
[15:55] {Threei} not worth it
[15:56] {Threei} incredibly boring day
[15:56] {Threei} have a good evening guys, see you tomorrow
[15:56] {rambler} is this a January thing...?
[15:56] {Threei} not really
[15:56] {Threei} it's rather EU uncertainty
[15:57] {Threei} lack of willingness to commit
[15:57] {rambler} c u in the a.m....
[15:57] {rambler} go shovel the driveway....
[15:57] {Threei} I'll wait for it to melt
[15:58] {_quotesmart} can you answer question about MIRC - I can connect - but no chat shows up
[15:58] {_quotesmart} any suggestions?
[15:58] {Threei} you used instructions on the website?
[15:59] {_quotesmart} yeah
[15:59] {Threei} there should be a step with joining the channels
[15:59] {Threei} #discussions anf #floor
[15:59] {Threei} as soon as you join them, you are good
[16:00] {_quotesmart} when i connect - it says at bottom (*now talking in #floor)
[16:00] {_quotesmart} but I never see any of your posts show up
[16:01] {Threei} what about #discussions?
[16:01] {_quotesmart} i think i only added #floor
[16:01] {_quotesmart} do you need both?
[16:01] {Threei} can you talk on #floor?
[16:02] {Threei} try to type in there
[16:02] {_quotesmart} i just typed in testing
[16:02] {Threei} and it let you?
[16:02] {_quotesmart} yeah
[16:02] {Threei} then you are not on our server...
[16:03] {Threei} you can't talk in our #floor, only read
[16:03] {Threei} that's why there are no messages
[16:03] {_quotesmart} I might have to go thru config again
[16:03] {Threei} think so
