Wednesday, February 15, 2012

Feb 15 2012

Back with vengeance. A bit of back and forth in the morning, then a streak of 7 winning trades put everything in due order. 3 of them for 30 cents, the rest ranged from 10 to 20. Worthy day. 

Session Time: Tue Feb 14 00:00:00 2012
[08:32] {Threei}  - *(US) JAN ADVANCE RETAIL SALES: 0.4% V 0.8%E; RETAIL SALES LESS AUTOS: 0.7% V 0.5%E; RETAIL SALES EX AUTO & GAS: 0.6% v 0.5%e
[08:42] {nemo} got the same email from vivian about busy with her mother
[08:53] {nemo} the wombat-poker signed in 
[08:54] {Les} you're in a peachy mood Nemo
[08:54] {Les} At this point I'd say something lewd about your rabitt but I don't think Vad wants the editing work
[08:54] {Les} rabbit too
[08:55] {Threei}  notat all
[08:56] {Les} Nemo, send me a spy chart that I can print off please
[09:11] {MigC}  good morning
[09:11] {Threei}  Migc :)
[09:11] {stewy} good morning vad 
[09:12] {Threei}  stewy :)
[09:13] {nemo} iwm bounced off WPP...risk still on
[09:18] {Threei}  my first reaction when I saw smallish gap down in the morning despite multiple EU downgrades was, go long, the rally is here to stay
[09:18] {Threei}  then retail sales came in and deepened the gap
[09:20] {dino} gm
[09:20] {Threei}  dino :)
[09:20] {dino} sales beat ex autos
[09:21] {beau} good morning
[09:21] {RonS} gm
[09:21] {Threei}  beau, ron :)
[09:21] {Threei}  ex auto+gas too
[09:21] {rambler} gm...
[09:22] {Threei}  rambler :)
[09:23] {Threei}  yeah, I guess at this point it's still let's look for long entries
[09:25] {dino} wynn wants that 108.30 gap
[09:26] {rahulprakash1} morning
[09:26] {Threei}  rahul :)
[09:27] {Threei}  SLW gap down is almost non-existent
[09:28] {Threei}  keeping it in mind as one of the first candidates
[09:30] {Les} my hourly MACD warning of rollover and drop to 134.50. JMO
[09:30] {Threei} Long Setup:  SLW  .70 break
[09:31] {Threei} Long Setup:  FCX  .40 break
[09:32] {Threei}  FCX stop under .30
[09:33] {Threei}  1 cent to 1:1?
[09:34] {Threei}  SLW valid again
[09:35] {Threei}  no go FCX, mismanaged it
[09:35] {Threei}  SLW invalidated
[09:38] {Threei} Long Setup:  LVS  .05 break
[09:38] {Threei}  if stays above .95
[09:39] {nemo} gulp
[09:39] {Threei}  invalidated
[09:39] {Les} lol
[09:39] {nemo} looks like the market walking on broken glass
[09:40] {Les} was setting up for a fade. No frikin chance
[09:40] {Threei}  still feels to me like preparing for a march up
[09:40] {Les} .88 SPY support too
[09:40] {Threei} Long Setup:  LVS  .51 break
[09:40] {dino} rio sm l .90
[09:40] {Threei}  stop under .90
[09:40] {Threei}  yeah
[09:41] {dino} ntgr sm l ave .50 thin
[09:43] {Threei} Short Setup: X  .50 break
[09:43] {Threei}  if stays under .60
[09:45] {Threei}  great, now LVS does it
[09:45] {Threei}  headfake
[09:45] {Threei}  X stop to .56
[09:46] {Threei}  target 1:2
[09:47] {Threei}  stop to .51
[09:48] {Threei}  half out
[09:49] {Threei}  come on LVS
[09:49] {Threei}  that's just indecent
[09:49] {dino} wow fosl
[09:51] {Threei}  1:2 X
[09:51] {Threei}  out in full
[09:52] {Les} nice
[09:55] {Threei} Long Setup:  CAT  .20 break
[09:55] {Threei}  half lot
[09:55] {Threei}  stop under .05
[09:56] {Threei}  1:1
[09:57] {dino} rio stop -.23
[09:59] {Les} had sell order .50 never touched it. out +.02
[09:59] {Threei}  on CAT?
[09:59] {Les} figured test of high .64
[09:59] {Les} yeh
[09:59] {Threei}  but partialed around 1:1?
[09:59] {nemo} inventories!!!
[09:59] {Les} only 300 shares
[09:59] {Threei}  .04 vs .05
[10:00] {Threei}  so what
[10:00] {Threei}  play it right
[10:01] {Les} yeh I had confidence in it. should have taken 500 and partialled.
[10:01] {Threei}  remember MPP principle of how you play small shares
[10:01] {Threei}  or paper trade
[10:02] {Threei}  exact;y as you would full size... otherwise it makes little sense
[10:02] {nemo} perfect practice makes perfect
[10:02] {Threei}  what's the point in practicing if you don't practice the same way as actual thing
[10:03] {nemo} you know better from aiki
[10:04] {Threei} Long Setup:  LVS  .35 break
[10:04] {Threei}  if stays above .25
[10:05] {nemo} indexes heavy
[10:06] {Threei} Long Setup:  X  .25 break
[10:06] {Threei}  stop under .15
[10:07] {Threei}  LVS stop to .29
[10:07] {Threei}  acts heroically but...
[10:09] {Threei}  target on both 1:2
[10:10] {Threei}  stop on CAT to .19
[10:10] {Threei}  LVS 1:1
[10:13] {thomcbell} fcx 43.38 is the 200sma 
[10:13] {Threei}  X 1:1
[10:14] {rahulprakash1} what was the setup on X?
[10:14] {rambler} scalped X, tks V
[10:14] {Threei}  LVS 1:2, out
[10:14] {Threei}  yw
[10:15] {stewy} way to go three in a row
[10:15] {Threei}  reversal setup, rahul
[10:15] {thomcbell} fcx 43.80 long break 
[10:16] {Threei}  X stop to .29, no lose territory
[10:16] {thomcbell} invalidated 
[10:17] {thomcbell} fcx
[10:18] {Les} much gracias
[10:18] {Les} mucho
[10:18] {Threei}  welcome
[10:19] {Threei}  in addition to what nemo said, I need to add:
[10:19] {thomcbell} could get interesting near the 200 on fcx for double bottom setup 
[10:19] {Threei}  malpractice makes malperfect
[10:19] {Les} Nemo said something?
[10:19] {Threei}  yes, but you can't hear it if you are sober
[10:20] {Les} yeh, been bitten these last two session, so chose setups more carefully this morning. But not applying strategy doesn't help as I can see
[10:25] {Les} DB X?
[10:25] {Threei}  not sure
[10:25] {Threei}  somethong's off
[10:26] {Threei}  dt on LVS looks right though
[10:26] {Threei} Short Setup: LVS  .50 break
[10:26] {Threei}  if stays under .57
[10:27] {Threei}  target closer to .30
[10:28] {Threei}  no go
[10:28] {Threei}  missed cover near 1:1
[10:28] {Threei}  too fast
[10:31] {dino} l fcx .75 break
[10:31] {nemo} vwap 44
[10:33] {Threei}  ok guys, time for me to leave for my little surgery
[10:33] {Threei}  if I am in shape to trade, be back today
[10:33] {rambler} nice one Dino....
[10:34] {Threei}  if not, help each other
[10:34] {rambler} good luck Vad...
[10:34] {dino} ty
06[10:34] * Les snips vad's sagging eyebrows with a scalpel
[10:34] {Threei}  ty
[10:35] {stewy} all the best 
[10:40] {Les} watching FDX .25 b/d
[10:42] {Les} in
[10:42] {Les} stop above .40 smallish shares
[10:47] {dino} fcx l .50 break, stop lod
[10:52] {Les} 1:1 all out. taxi time. back later
[11:05] {dino} cjes spike
[11:08] {RonS} wow, showing 54% float short cjes
[11:09] {dino} val spike
[11:10] {rahulprakash1} tnx dino for fcx, scalped it
[11:26] {dino} gj rahul
[11:26] {dino} still in here
[11:28] {thomcbell} oily stocks very strong 
[11:28] {thomcbell} cxo xec sm
[11:40] {dino} sm l gnrc .40
[11:43] {dino} ioc drop
[11:48] {dino} vsm l ioc .09
[11:50] {dino} out .82, +.73
[11:50] {RonS} gj
[11:50] {dino} ty, pulp
[13:02] {dino} gaps 2547 ndx, 1342 s/p
[13:31] {dino} fcx l .00
[13:32] {nemo} mmmhhh...fcx didn't move with that pop...not good
[13:36] {dino} stop is .89
[13:39] {RonS} fosl reedonkulous...
[13:40] {nemo} how old are you?
[13:40] {RonS} says the man who plays w/ bunnies...
[13:40] {nemo} you had a dog right?
[13:41] {nemo} sorry about that btw
[13:41] {nemo} I like animals much more than I like people...
[13:41] {nemo} ...including my family
[13:41] {Les} bullish divergence in FCX MACD. If .90 holds...
[13:42] {Les} 15 min chart
[13:42] {nemo} yeah but...on that last market burst, no reaction
[13:43] {dino} stop
[13:44] {nemo} yeah, when i saw Dino go long, I got interested, but saw it didn't move at all when the spy and iwm popped, decided against it
[13:48] {Les} FCX is in firm downtrend in hourly MACD
[13:48] {Les} the ducks aren't all lined up
[13:49] {Les} Dino, you like looking at gaps
[13:49] {Les} what do you think FCX is searching for? any gaps?
[13:50] {Les} looking at 42 for a possible gap closure.
[13:50] {dino} if so, way below
[13:50] {Les} lots of em
[13:50] {dino} yeah, 39, 36, 34
[13:51] {dino} -5 in 3 dats
[13:52] {Les} I watched it top out. CAT too. Speaking of which, it could be ready to drop
[13:52] {dino} days
[14:02] {Les} s cat .97 stop above .10 smallish shares
[14:07] {Les} cover half stop to .01
[14:10] {RonS} pot pop...ceo comments not opposed to being taken out
[14:10] {Les} like as in a hit?
[14:11] {Les} cover another quarter. stop to .91
[14:14] {Threei}  how goes the battle?
[14:14] {nemo} how u?
[14:14] {nemo} Ron insulted bunny
[14:14] {Les} looking 20 & sexy again Vad?
[14:15] {Threei}  I wish
[14:15] {Threei}  I am afraid that ship has sailed forever :)
[14:16] {Threei}  seeing through the fog a bit but seeing nonetheless
[14:16] {Les} bye bye CAT
[14:16] {Threei}  nice trade les
[14:16] {Threei}  wtg
[14:17] {Les} cover 1:3 dinner time. gotta go club a rabbit
[14:18] {dino} gj
[14:18] {nemo} think his kids would miss him?
[14:19] {Threei}  LVS
[14:20] {Threei}  if SPY loses .50, this one should be a good short
[14:25] {dino} 1342 filled
[14:29] {Threei}  this is good day for panic
[14:30] {nemo} nah...op ex week...gonna' be playin' around
[14:30] {Threei}  Greece overtakes anything at this point
[14:30] {Threei}  and it became muddy again
[14:31] {Threei} Short Setup: X  .50 break
[14:32] {Threei}  LVS, anyone got an entry?
[14:40] {Threei}  invalidated
[14:48] {Threei} Short Setup: CAT  .50 break
[14:48] {Threei}  ugh... late
[14:48] {Threei}  back
[14:48] {Threei}  same setup
[14:48] {Threei}  if stays under .60
[14:49] {Threei}  change to double top, .60 break short
[14:49] {Threei}  stop above .65
[14:51] {Threei}  nope
[14:51] {Threei}  anyone is breathuing out there?
[14:51] {nemo} yeah
[14:52] {cipher} y
[14:52] {Threei}  X is still on radar
[14:53] {Threei}  that .50 break is lucrative
[14:57] {Les} FCX has built a base
[14:59] {Les} lvs .50 b/d?
[15:00] {Threei}  I think so
[15:00] {Les} blah
[15:03] {nemo} spy bottomed out at monthlysupport, iwm bottomed, a little ragged at weekly
[15:04] {Threei}  (GR) Greece New Democracy leader Samaras has not yet signed commitment to lenders to implement austerity - financial press
[15:04] {Threei}  - PASOK leader Papandreou has signed the commitment letter.
[15:05] {nemo} commitments are made to be broken
[15:05] {stewy} arent' there at least three parties to sign?
[15:06] {Les} outta here. c u tomorrow.
[15:06] {Threei}  take care les
[15:06] {Threei}  I think so stewy
[15:07] {Threei}  but one is small and matters less
[15:14] {Threei} Short Setup: WLP  .40 break
[15:14] {Threei}  iff stays under .45
[15:14] {dino} lhcg spike
[15:14] {dino} sm s .32
[15:16] {dino} stop -.34
[15:17] {dino} sm s .50
[15:19] {RonS} LHCG : retains JPM to explore LBO - Dealreporter
[15:19] {Threei}  LVS
[15:20] {dino} thx
[15:20] {Threei}  feel free to cover WLP
[15:21] {Threei}  out .31
[15:21] {stewy} got it covered .29 thanks
[15:22] {Threei}  :)
[15:24] {rahulprakash1} Vadym, is it possible to configure some audible alert when you give a setup?
[15:24] {dino} stopped again
[15:24] {dino} calling it a (bad) day. later all
[15:25] {Threei}  take care dino... will get then mack tomorrow
[15:25] {stewy} c ya
[15:25] {Threei}  rahul, not in mibbit
[15:25] {Threei}  mirc should have this capability although I don't know how to do it
[15:26] {cc_8} i concur, in mirc its possible
[15:26] {cc_8} even more possiblities with ircn
[15:26] {rahulprakash1} ircn?
[15:28] {Threei}  http://www.ircn.org/index.html
03[15:30] * Retrieving #discussions modes...
[15:31] {Threei}  there should be one more good short somewhere
[15:40] {Threei}  (GR) Reports that the Conservative New Democracy leader Antonis Samaras will be providing a letter on Wedesday to the European commission assuring of compliance with bailout agreements
[15:41] {Threei}  thanks fior runing short setups, samaras
[15:45] {Threei}  OK guys, gotta let the eyes rest... should be back in shape tomorrow
[15:45] {Threei}  have a good evening, see you in the morning
[15:45] {stewy} ok good night all
[16:03] {cipher} are you still here rahul?
[16:05] {cipher} trying to figure out the sound script...
[16:06] {cipher} setup
[16:06] {cipher} setup
[16:06] {cipher} test
[16:10] {cipher} setup
[16:11] {cipher} test
[16:11] {cipher} setup
[16:26] {Beau} cipher you setting up IRC for sound?
[16:26] {cipher} trying to
[16:26] {cipher} did you hear any sounds?
[16:26] {Beau} here too
[16:27] {cipher} i just played a sound did u hear it}
[16:27] {cipher} ?
[16:27] {Beau} what is the "connect to:"
[16:27] {Beau} no
[16:28] {cipher} is that a script command?
[16:28] {Beau} on the ircN setup wizard, first screen, bottom of connection info
[16:29] {cipher} i'm using mirc
[16:32] {Beau} I tried that and was not able to get sound from Vad, then today it was said that ircN would so sount
[16:32] {Beau} Did you see that?
[16:33] {Beau} it overlays mirc and seems to just add some things to mirc.
[16:35] {Beau} what is the mirc address, the connection host?
[16:35] {cipher} I know there are mirc add ons that can do it
[16:35] {cipher} but there is a way to do the same through remote script
[16:36] {cipher} I have te script there but it's not playing...
[16:36] {cipher} I think I have a syntax typo of some sort
[16:37] {cipher} there's not much info regarding this on the forums
[16:37] {cipher} the command is "/splay"
[16:38] {cipher} and you need the .wav file you want to play in the sounds directory
[16:39] {Beau} I've never used irc, so lost.  Guess I'll stay with staring at the screen
[16:42] {Beau} good luck and maybe you can teach all of us.
[16:43] {cipher} I'm confident that I'll come up with something
[16:43] {cipher} test
[16:48] {cipher} test
[16:48] {cipher} test
[16:49] {cipher} test
[16:51] {cipher} test
[16:58] {cipher} test
[16:58] {cipher} t
Session Time: Wed Feb 15 00:00:00 2012
[08:51] {Threei}  *(US) FEB EMPIRE MANUFACTURING: 19.53 V 15.00E (highest since June 2010)
[08:51] {Threei}  (GR) EU finance officials are said to be looking at proposals to delay all or part of the Greek bailout but still avoid default - financial press
[08:51] {Threei}  lol
[08:52] {Threei}  (IR) Iran Oil Ministry: Denies reports that it halted oil exports to six EU States- Iran atomic energy chief confirms that Iran will roll out new advanced uranium centrifuges.
[08:52] {Threei}  **Earlier reports that Iran exports to six European countries were said to cut to Netherlands, Greece, Portugal, Italy, France and Spain
[09:12] {stewy} hi and gd morning
[09:13] {Threei}  morning stewy
[09:13] {cipher} gm
[09:13] {Threei}  cipher :)
[09:13] {nemo} grrrrrrrrrr......
[09:13] {Threei}  lol
[09:14] {cipher} i hear sounds!!! 
[09:14] {cipher} wow
[09:14] {cipher} my script is working
[09:14] {Threei}  what does it react on?
[09:14] {nemo} that sucks
[09:14] {Threei}  specific words or anything typed?
[09:14] {nemo} we may have a flat day
[09:14] {cipher} right now everything that's being typed
[09:15] {cipher} I have to tweak it for certain words only
[09:15] {MigC}  good morning
[09:15] {cipher} like "setup" etc...
[09:15] {Threei}  migc :)
[09:15] {Threei}  so it beeps on a new line?
[09:15] {cipher} yes
[09:15] {Threei}  got it
[09:16] {cipher} because I used a wildcard instead of specific text
[09:16] {nemo} I think I'll go back to bed...took a sleeping pill last night...keep smacking my head on the desk
[09:16] {Threei}  cool, if you tune it to siognal certain words, many will be interested
[09:16] {cipher} yes
[09:17] {nemo} you can do that in the "info" query on right click for individuals in the room
[09:17] {cipher} apparently I can't triger it myself so I thought it didn't work last night
[09:17] {rambler} gm...
[09:17] {Threei}  rambler :)
[09:18] {nemo} right click on member name click on "info" in the drop down, go to the "highlight" tab and you can set up different users to get notifications based on different text
03[09:18] * Looking up Threei user info...
[09:19] {Threei}  wow, really
[09:19] {Threei}  they hid it well
[09:19] {nemo} yeah
[09:19] {Threei}  was much more apparent in previous versions
[09:19] {Threei}  beau and rahul will be glad to find out
[09:20] {dino} gm
[09:20] {Threei}  dino :)
[09:20] {RonS} gm
[09:20] {cipher} but can you also get audible alerts?
[09:20] {Threei}  ron :)
[09:20] {nemo} yes cipher
[09:20] {Threei}  yes
[09:21] {Threei}  beeping on the word setup for instance
[09:21] {nemo} I've got it set up so it filters out Threei so Idon't have to see his posts
[09:21] {Threei}  right
[09:21] {Threei}  why do you think I insult him sdo freely
[09:21] {dino} same here nemo
[09:21] {nemo} well, being 4000 miles away helps too
[09:22] {Threei}  that too
[09:22] {Les} CAT has broken above 114.60 premarket. back to support now
[09:23] {Threei}  amazingly weak
[09:23] {Threei}  beau, rahul
[09:23] {rahulprakash1} good morning
[09:23] {Threei}  we figured out how to get a sound signal on certain words
[09:23] {Les} but this rally circus continues...
[09:23] {Threei}  you will need mirc for that
[09:24] {rahulprakash1} yes i'll start using mIRC
[09:24] {Threei}  instructions are on our trading room webpage
[09:24] {rahulprakash1} I installed it yesterday but couldn't make it connect to our chat room despite using the instructions
[09:24] {Les} huh? I get no response from right clicking names in Mirc?
[09:24] {Threei}  afdter you got mirc working, it's 15 seconds job to activate sound signal
[09:24] {rahulprakash1} will try troubleshooting after market slows down today
[09:25] {Threei}  make sure you follow that pdf to the letter
[09:25] {rahulprakash1} okies
[09:25] {Threei}  it sure works
[09:25] {Threei}  CAT is on radar for short setups
[09:25] {beau} good morning and how is eye vad?
[09:26] {Threei}  thank you, working
[09:26] {Threei}  looks bad, but it will p[ass
[09:26] {Threei}  just need to wear sunglases for a week or so :)
[09:26] {Les} laser surgery for short-sightedness?
[09:26] {Threei}  Les... right click on the name in the list on the right
[09:26] {Threei}  no
[09:26] {Les} no response.
[09:27] {Threei}  highlight my nick
[09:27] {Threei}  by left click
[09:27] {Threei}  then do right
[09:27] {Les} nada, nothing
[09:27] {Threei}  dropdown menu appears
[09:28] {Threei}  then you have a multimonitor setup, and your menu appears somewhere else
[09:28] {Les} c'est bon, I don't need filtering
[09:28] {nemo} as long as we have it, it's o.k.
[09:28] {Les} I'm the clown filling up the space...
[09:28] {Les} right
[09:28] {Threei}  X is quite weak too
[09:29] {Threei}  ideally, we get some tight consolidation with breakdown in couple min
[09:29] {Threei}  28 for X
[09:30] {Threei} Short Setup: X  28 break half lot
[09:30] {Threei}  if stays under .10
[09:31] {Threei}  no secondary entry if bounces
[09:31] {stewy} ok, missed it first time
[09:31] {Threei}  thisd was one time deal, if you missed - let it go
[09:32] {Threei}  if got it, feel free to book it
[09:33] {Threei}  watching FCX for double bottom
[09:34] {Threei} Long Setup:  FCX  .15 break if stays above 43
[09:34] {Threei}  change to .10 break
[09:35] {Threei}  turns into two-sided
[09:36] {Threei}  a bit late alert on a short side?
[09:36] {Threei}  or managed to get it?
[09:36] {nemo} yeah, i'm letting the market go for awhile
[09:36] {Les} was thinking short, but happy to watch how it behaved
[09:36] {dino} wsh sm l .20
[09:38] {Threei} Long Setup:  LVS  .20 breal
[09:38] {Threei}  if stays under .10
[09:39] {Threei}  invalidated
[09:40] {Threei} Long Setup:  SLW  .65 break
[09:40] {Threei}  if stays above .55
[09:41] {Threei} Long Setup:  LVS  .10 break
[09:42] {dino} clf sm l .20
[09:42] {Threei}  LVS stop is obvious, under 52
[09:43] {Threei}  target 1:2
[09:45] {Threei}  no go LVS
[09:45] {Threei}  SLW 1:1
[09:47] {Threei} Long Setup:  CAT  .40 break half lot
[09:48] {Threei}  change to .30 break
[09:48] {Threei}  if stays above .20
[09:48] {nemo} spy at vwap
[09:49] {Threei}  half out
[09:49] {Threei}  out in full
[09:50] {Threei} Long Setup:  XLE  .80 break
[09:50] {Threei}  stop under .70
[09:52] {Threei}  trail to .74
[09:53] {thomcbell} crk 13.60 break
[09:56] {thomcbell} cxo 113.62 break 1/2 lot
[09:56] {thomcbell} target 5:1
[09:56] {Threei}  LVS was a rinse
[09:57] {thomcbell} crk 2:1 
[09:57] {thomcbell} target 
[09:57] {thomcbell} jnpr looking for a pullback entry
[09:59] {thomcbell} crk good off of XEC number - 2:1 could be conservative
[09:59] {thomcbell} crk1:1
[09:59] {thomcbell} cxo 3:1
[10:00] {Threei}  *(US) FEB NAHB HOUSING MARKET INDEX: 29 V 26E
[10:00] {dino} simo l .90
[10:01] {thomcbell} cxo 5:1 out
[10:01] {dino} anf sm s .25
[10:01] {Threei} Short Setup: X  .70 break
[10:01] {nemo} breakout short, oy
[10:03] {Threei}  stop to .76
[10:06] {dino} stop anf flat
[10:07] {dino} clf stop -.35
[10:07] {Threei}  X target 1:3
[10:07] {dino} wtf anf
[10:07] {thomcbell} crk briefly touched 2:1
[10:08] {Threei}  nice
[10:08] {Threei}  let's take first partial
[10:08] {Threei}  stop to .71
[10:09] {Threei}  now be a good boy X, do not rinse the balance
[10:09] {Les} s lvs .35
[10:10] {Les} stop .45
[10:13] {Les} no go. pause time
[10:14] {Threei}  1:2, second partial
[10:14] {thomcbell} made small sale crk
[10:14] {Threei}  stop to .61
[10:14] {thomcbell} got 2 to 1 again\
[10:15] {Threei}  out .43
[10:15] {Threei}  1:3 target almost hit, and sharp drop with volume spike makes me wary
[10:16] {Threei} Long Setup:  SLW  .55 break
[10:16] {Threei}  stop under .45
[10:17] {Threei}  what, no one took X?
[10:17] {Threei}  best trade of the day
[10:18] {Threei}  I guess the idea to put me on ignore catches on {G}
[10:19] {beau} missed x cause I was slow.
[10:19] {stewy} another trade of the day ahead of us vad
[10:19] {stewy} x a great call
[10:20] {Threei}  it wasn't that fast... even returned to pick up those who missed...
[10:20] {Les} considered it too far gone to 1:1, but the trend was spot on. should have monitored its failure to take out the stop
[10:20] {Les} and then taken the 2nd break...
[10:20] {dino} miners/metals getting killed last few days
[10:21] {Threei}  SLW let's trail to .49
[10:21] {Threei}  SPY is uncertain here
[10:22] {nemo} IWM bounced right at confluence, look for double bottom, if it does, BUY THE FRICKIN' DIP!!!!
[10:22] {thomcbell} crk sold some more here @ 2:1
[10:22] {Les} TNA 60
[10:23] {thomcbell} stop now 13.70 on balance 
[10:23] {thomcbell} will be greedy on next sales 
[10:26] {Threei}  SLW 1:1
[10:27] {Threei}  taking it in full
[10:27] {Threei}  OK, this one was not fast, not overly risky, easy and clean. If no one took it, I remove myself to a monastery
[10:28] {Threei}  in Tibet
[10:28] {beau} thanks vad.  no monastery, maybe bar
[10:28] {Threei}  for 7 years
[10:28] {Threei}  hmmm
[10:29] {Threei}  hey, bar sounds good too
[10:29] {dino} fcx sm l .50
[10:30] {Threei}  *(US) DOE API PETROLEUM INVENTORIES CRUDE: -170K V +1.5ME; GASOLINE: +400K V +500KE; DISTILLATE: -2.87M V -1ME;
[10:30] {Threei}  uh oh... severe lack of oil
[10:30] {Threei}  for the next two days
[10:30] {Threei}  let the panic begin
[10:30] {Les} oil traders gotta make money somehow :)
[10:31] {dino} just wait until isreal drops a bomb or two on iran
[10:32] {Threei}  shuddering
[10:32] {stewy} nemo, nice call on iwm,
[10:32] {dino} out ntgr .26, +.36
[10:33] {nemo} they're right there in the postings stewy
[10:33] {dino} out simo .19, +.29
[10:33] {Threei}  yeah, that tail marked the bottom
[10:33] {nemo} iwm at weekly pivot...in risk on IWM tends to be the tell, spy overall...you get bounces in spy also, really strong
[10:34] {Les} TNA hourly MACD is finding 0 line resistance. Looking for a db for entry
[10:35] {nemo} you're at weekly Pivot daily pivot with vwap not that foar overhead, careful
[10:36] {Les} yeh that was second play. TNA fails and we're selling off today. But that hasn't worked recently.
[10:42] {Threei} Long Setup:  TNA  .40 break
[10:42] {Threei}  hakf lot
[10:43] {Threei}  stop .25
[10:43] {dino} out wsh .56, +.36
[10:43] {Threei}  aggressive entry fir .50 break
[10:43] {Threei}  target .70 - .80
[10:44] {nemo} if it goes you've got to .60 before partial
[10:44] {Threei}  half out
[10:44] {Threei}  .58
[10:44] {Threei}  out in full
[10:44] {Threei}  .70
[10:45] {Threei}  anyone???
[10:45] {nemo} not my setup
[10:45] {Threei}  monastery
[10:45] {thomcbell} crk 3:1
[10:45] {Threei}  tibet
[10:45] {Threei}  7 years
[10:45] {Threei}  wtf
[10:45] {stewy} oh yeah thx vad
[10:45] {beau} thanks vad
[10:45] {Threei}  welcome
[10:45] {Threei}  I started wondering if anyone left not having my calls on ignore
[10:46] {Threei}  3 wins in a row: 30 cents, 10 cents, 30 cents
[10:46] {stewy} today's perkin up 
[10:47] {Threei}  why not your setup nemo... looks very neat to me
[10:47] {Threei}  look:
[10:47] {Threei}  sharp spike into .50 resistance, determined at 10:32 - 10:37,
[10:48] {Threei}  pullback to under .40,
[10:48] {Threei}  pausde, consolidation,
[10:48] {thomcbell} crk stop to 13.83
[10:48] {Threei}  perfect cart for aggressive entry
[10:48] {Threei}  chart
[10:49] {Les} Vad FDX test of support here. Long entry setup?
[10:50] {Les} I fear SPY topping out
[10:50] {Threei}  or just pulling back...
[10:50] {thomcbell} those holding crk should exit here
[10:51] {Threei}  looks like forming .95 - .05 setup, Les
[10:51] {Threei}  very nice one tbell
[10:52] {thomcbell} tu sensai
06[10:52] * Les slaps tbell with a japanese dictionary
[10:57] {dino} gj tbell and thx, out +.19
[10:57] {thomcbell} yw
[11:13] {Threei}  (GR) Germany free democrats party official reiterates that the second bailout package for Greece could be paid out in various tranches
[11:13] {Threei}  yeah, let's drag this out for a few years more
[11:14] {Threei}  (GR) Italy PM Monti: Euro area demands on Greece are likely 'excessive'; current conditions based upon Greece's past
[11:14] {Threei}  - Reiterates Greece needs the rescue package right away
[11:15] {Threei}  (US) Treasury Sec Geithner: Republicans walked away from tax reform discussions, notes they 'were not ready'
[11:15] {Threei}  really can't wait for this guy to go away
[11:15] {thomcbell} wow jnpr 
[11:26] {thomcbell} vad i needed u on this jnpr today 
[11:26] {thomcbell} what a screamer
[11:27] {RonS} dino, late but look DVN...
[11:28] {Threei}  too far to chase, tbell...
[11:29] {thomcbell} sm nice little break up 
[11:32] {dino} wow dvn, profit beat
[11:33] {dino} out fcx. .86, +.36
[11:33] {Threei}  wtg
[11:33] {dino} ty
[11:33] {Threei} Long Setup:  MET  .10 break
[11:33] {RonS} dvn big volume gap overhead...could go to $77...soon
[11:36] {dino} looks like it's rolling over on my chart
[11:37] {RonS} dino vhc...
[11:39] {dino} sm s .50
[11:42] {dino} cov  -.08
[11:42] {RonS} ...because of ghosts?...President of Honduras promises' transparent' investigation into cause of fire which killed at least 300 prison inmates 
[11:43] {thomcbell} sm 80.01 break
[11:44] {thomcbell} very interesting daily chart 
[11:45] {stewy} vad, hig break at .70?
[11:45] {thomcbell} target 5:1
[11:45] {nemo} spy to 136.20 area
[11:45] {Threei}  for a small scalp only, stewy
[11:45] {Threei}  too narrow
[11:45] {stewy} k
[11:46] {Threei}  MET stop to .04
[11:48] {dino} sm l dvn .00out dvn .37, +.37, thx ron for heads up
[11:48] {Threei}  1:1
[11:48] {nemo} market gonna' rip
[11:48] {dino} lol missed enter key
[11:49] {nemo} no shorts folks
[11:49] {Threei}  that's 4th in a row
[11:49] {beau} thks again vad
[11:49] {Threei}  welcome sir
[11:49] {dino} gj
[11:50] {Threei} Long Setup:  CSC  .75 break half lot
[11:50] {Threei}  if stays above .65
[11:53] {thomcbell} is that a chalice with small handle on csc 
[11:53] {thomcbell} on daily 
[11:53] {nemo} chalice's have handles?
[11:54] {RonS} with jewels on it?
[11:54] {nemo} must be the whaddya' callit
[11:54] {nemo} any old knights in the area
[11:54] {nemo} frickin' bird is back
[11:54] {Raven} yes
[11:55] {nemo} flyin' north a little early aren't ya'?
[11:55] {Raven} warm winter
[11:55] {nemo} raven underarmor?
[11:55] {Raven} underwinger
[11:55] {RonS} lol
[11:56] {nemo} yeah, standard polypropylene would mess up the aerodynamics
[11:56] {thomcbell} sm placing stop below 79.78 fyi
[11:56] {Raven} can't have that
[11:56] {nemo} get the antimicrobial stuff?
[11:57] {Raven} absolutely ... hate those bugs
[11:57] {nemo} yeah, but you won't stink
[11:57] {RonS} thought the micobe bugs ate the real bugs...
[11:57] {RonS} microbe
[11:58] {Raven} it's a cruel world out there
[11:59] {RonS} 'cept for nemo's bunny...
[11:59] {stewy} csc waitn for spy 
[11:59] {RonS} ...or godot...
[12:00] {nemo} haven't checked on her this moring
[12:00] {Raven} Rabbit stew ... niuce
[12:00] {Raven} nice
[12:01] {nemo} Raven.....
[12:01] {nemo} you're crossing a line
[12:01] {Raven} I try
[12:01] {Threei}  lol
[12:02] {nemo} I have a benelli 3 1/2"  #2's just waiting for yah
[12:02] {Raven} I'll wear my underarmor then
[12:02] {nemo} touche...that was good
[12:03] {Raven} thx
[12:03] {nemo} witty bird
[12:03] {Raven} mostly bored
[12:03] {Threei}  you might have to dig out those earth-sky missiles you buried in your backyard, nemo
[12:03] {nemo} surface to air
[12:04] {nemo} earth-sky sounds so new-agey-crunchy-granola-hairy-armpit-tye-dyeee
[12:04] {stewy} met's a beauty
[12:04] {Threei}  eeck
[12:05] {Threei}  you still in?
[12:05] {stewy} no, scalped. will u still respect me?
[12:05] {Threei}  yes... I did the same
[12:05] {stewy} whew
[12:05] {Threei}  lol
[12:06] {stewy} but did not enter hig
[12:06] {Threei}  HIG is underperforming
[12:06] {Threei}  as we sus[ected
[12:07] {Threei}  last time I heard "will u still respect me", it ended with "in the morning" and occured under very different circumstances...
[12:08] {stewy} lol
[12:14] {thomcbell} crk looks ready to make another leg higher
[12:14] {stewy} csc, still valid setup, yes?
[12:15] {Threei}  formally, yes...
[12:15] {stewy} informally.... jelly?
[12:15] {Threei}  I'd like couple min more here above .70
[12:16] {Threei}  for consdolidation to be firmer
[12:16] {stewy} k
[12:16] {thomcbell} sm 1:2
[12:16] {Threei}  it moved a bit too fast frpm the bottom of the rane to the top
[12:17] {thomcbell} sm:1:3
[12:18] {Threei}  nice
[12:20] {thomcbell} sm 1:4
[12:21] {dino} gj
[12:22] {thomcbell} sold 1/2 in here
[12:23] {Threei}  let's scratch the CSC idea
[12:23] {stewy} k
[12:24] {Threei}  intraday chart still looks like "maybe" but the longer it takes to trigger, the more O look at daily,
[12:24] {Threei}  and daily is double top
[12:25] {thomcbell} sm 1:5
[12:27] {thomcbell} keeping a 1/4 sm with 80.18 stop
[12:27] {thomcbell} out
[12:29] {dino} gj
[12:42] {RonS} isaac newton hitting aapl?
[12:43] {Threei}  that'd be my assumtion
[12:43] {Threei}  no news
[12:44] {Threei}  wow
[12:44] {Threei}  ugh
[12:44] {Threei}  prepared alert for TZA 19 break
[12:45] {Threei}  decided to wait for more consolidation
[12:45] {Threei}  bad decision
[12:45] {Threei}  (GR) Greece PASOK Party confirms that party chief Papandreou has sent letter to Troika - financial press
[12:45] {nemo} careful shorting right here iwm pivot daily and weekly
[12:45] {Threei}  what did he write in it, :kiss my ass"?
[12:50] {Threei}  looks like he might have added some qualifiers to that
[12:50] {Threei}  argh TZA... why oh why did I change my mind
[12:50] {Threei}  would be a fine 5th win in row
[12:58] {Threei}  seriously... such selling pressure, no news?
[12:59] {dino} .
[13:00] {Threei}  has war broken out somewhere without telling us?
[13:02] {Threei}  no word in news, CNBC or Bloomberg
[13:02] {Threei}  shrug
[13:03] {stewy} somebody knows #s on tomorrow's econ data?
[13:03] {thomcbell} there's always a reason
[13:08] {Threei}  it's just unusual that sudden selling of such intensity wouldn't get justifying news for so long
[13:14] {stewy} fomc minutes released at 2pm today too
[13:21] {dino} wow xec
[13:32] {Threei} Long Setup:  TZA  .15 break
[13:34] {Threei}  stop under .05
[13:41] {Threei}  1:1
[13:41] {Threei}  gpt my 5th
[13:41] {thomcbell} crk beast 
[13:42] {Threei}  anyone took TZA?
[13:43] {stewy} yes, partialed out half
[13:43] {stewy} thansk
[13:43] {beau} yes sir and thanks--you are on fire today
[13:43] {Threei}  gladf to have all eyes back in shape, lol
[13:44] {RonS} lol...CHINA TO BAIL OUT APPLE LONGS FROM THIS MORNING
[13:44] {Threei}  lol
[13:45] {stewy} does it matter to you trading into the fomc minutes release?
[13:46] {Threei}  I doubt they carry any significant information
[13:46] {stewy} l
[13:46] {stewy} ok
[13:52] {stewy} vad, trailing stop to .15?
[13:52] {dino} fcx sm l .40
[13:53] {Threei}  of coyrse, that's the course of action after 1:1
[13:53] {Threei}  and we almost hit 1:2
[13:54] {stewy} k 
[13:54] {Threei}  considering double tom on 1 min, I'd probably even trail to .19
[13:54] {Threei}  top
[13:55] {stewy} ok
[13:56] {Threei}  folks, I may have overestimated my physical shape, eyes are closing. If you don't mind, I'll get an hour-long rest and will be back for the last hour
[13:56] {Threei}  deal?
[13:56] {stewy} rest well thanks for the day
[13:56] {Threei}  see you in an hour
[14:02] {thomcbell} DEAL
[14:19] {dino} fcx stop -.31
[14:25] {dino} clf sm l .27
[14:31] {beau} dino thanks for +15
[14:44] {dino} gj
[14:57] {Threei} Long Setup:  TZA  .40 break
[14:58] {Threei}  stop under .30
[14:58] {Threei}  target 1:2
[14:59] {stewy} dang
[14:59] {Threei}  1:1
[15:00] {beau} caution never go to bathroom when vad is hot.
[15:00] {Threei}  lol
[15:04] {dino} out clf flat
[15:09] {Threei}  (GR) Greece Fin Min Venizelos: Greece has met the demands of the Eurogroup, letters committing to reforms have been sent
[15:09] {Threei}  - All issues regarding the FY12 budget gap have been solved.
[15:09] {Threei}  - Hopeful decisions will be taken on private sector involvement (PSI) and bailout on Monday
[15:17] {nemo} 134.55 is WPP might get pinned in this area.  134.25 was the rocket ride up from yesterday with rising trendline just under it
[15:39] {Threei}  can't make up my mind on the direction fir the last move of the day
[15:39] {nemo} either get shome short covering or right here at WPP for spy
[15:41] {Threei}  probably up
[15:43] {Threei}  grr
[15:43] {Threei}  was late for TNA 59 alert
[15:43] {Threei}  ok
[15:44] {Threei} Long Setup:  TNA  .10 break
[15:44] {Threei}  half lot
[15:44] {nemo} on volume spike would have been it
[15:44] {nemo} 3:36
[15:44] {Threei}  if stays above 59
[15:45] {Threei}  not much chance eh?
[15:45] {nemo} didn't say that
[15:45] {Threei}  if you took it, get out here
[15:45] {Threei}  +.30
[15:45] {stewy} got tna quick scalp thanks
[15:45] {Threei}  :)
[15:45] {Threei}  this is 7th in a row
[15:45] {stewy} wow man....
[15:45] {Threei}  I am ready to retire till tomorrow
[15:49] {Threei}  thank you all, habe a great evening
[15:50] {Threei}  see you tomorrow
[15:50] {stewy} gd night everyone
[15:52] {beau} good night you all