Slightly positive and incredibly boring day.
Session Time: Thu Feb 23 00:00:00 2012
[08:28] {nemo} If jobs good spy 137 tes
[08:28] {nemo} test
[08:34] {Threei} (US) INITIAL JOBLESS CLAIMS: 351K V 355KE; CONTINUING CLAIMS: 3.392M V 3.42ME- Prior Initial Claims revised higher from 348K to 351K - Prior Continuing Claims higher from 3.426M to 3.444M
[08:34] {Threei} jobs good but SPY hesitant
[08:34] {Threei} grammar bad
[08:35] {Threei} coffee good
[08:35] {nemo} 450 initial claims
[08:35] {Threei} hmm?
[08:35] {Threei} 351
[08:36] {nemo} oy
[08:47] {Les} think its a good idea Nemo has, to build my own PC
[08:47] {Les} kigs got 1 week off for skiing next week
[08:47] {Les} kids
[08:48] {Les} will put it together with them
[08:48] {Les} that way can hunt around for full-SLI compatible system
[08:48] {Threei} providing you do yor homewprk before ordering parts, there is nothing to it
[08:49] {nemo} or crossfire
[08:49] {nemo} Yeah, the homework is the big deal
[08:49] {Threei} make sure everything is comptible
[08:49] {nemo} over buy the power supply
[08:49] {Threei} korreqt
[08:49] {Les} yeh, shop I built my first PC has experts we can talk and buy at same time
[08:49] {nemo} define expert?
[08:49] {Threei} like, by 200-300 wt over what your simple adding says
[08:49] {Les} they build and repair
[08:50] {Threei} wow... actual mortar and brick shop? :)
[08:50] {Les} http://www.pctop.ch/pMachine.aspx
[08:50] {Threei} you guys need to move to 21 century
[08:50] {Threei} newegg, prices are lower by 15-25%
[08:50] {Les} Old European service I all it
[08:51] {Les} http://www.steg-electronics.ch/fr/article/steg-herakles-set-334281B.aspx
[08:51] {Les} if its cheaper to buy and modify this I will
[08:53] {Les} RIG up +3. Watching for short entry at open
[09:05] {MigC} good morning
[09:06] {Threei} Migc :)
[09:07] {Threei} (GR) Netherlands Fin Min De Jager: Cannot rule out that Greece will need additional public sector aid, uncertain when Greece will regain access to public capital markets
[09:07] {Threei} oh boy
[09:17] {rambler} gm..
[09:17] {Threei} rambler :)
[09:19] {dino} gm
[09:20] {Threei} dino :)
[09:30] {Threei} Short Setup: FCX .20 break
[09:31] {Threei} stop above .30
[09:31] {Threei} 1:1
[09:32] {Threei} 1:2
[09:32] {Threei} out
[09:32] {Les} ty
[09:32] {Threei} yw
[09:33] {Les} RIG death
[09:34] {Les} cover +.26
[09:35] {Les} damn too early
[09:36] {thomcbell} avgo trading up off a nice earnings report
[09:36] {thomcbell} watching closely for something remotely resembling a setup
[09:38] {cipher} l ibm .59
[09:38] {cipher} out .96 +.37
[09:40] {dino} gj
[09:41] {Threei} Long Setup: RIG .90 break half lot
[09:41] {cipher} l cat .16
[09:41] {Threei} if stays above .80
[09:42] {Threei} Long Setup: RIG .80 break half lot
[09:42] {Threei} if stays above .70
[09:42] {Threei} target 1:3
[09:42] {nemo} market letting go
[09:42] {Threei} no go
[09:43] {Les} judgement ruling 27th as to liability for Gulf disaster
[09:43] {cipher} out cat .34 +.18
[09:45] {Threei} rinse
[09:45] {Threei} Long Setup: FCX .50 break
[09:45] {Threei} stop under .40
[09:45] {Threei} target .75
[09:46] {Threei} 1:1
[09:47] {thomcbell} avgo finally got the setup through opening high - dont like risk profile here
[09:48] {cipher} out fcx +.14 thx
[09:50] {Les} rig 51 b/d?
[09:50] {Les} nope
[09:53] {cipher} here it goes les
[09:53] {Threei} 1:2
[09:53] {dino} gild sm l .50
[09:54] {thomcbell} auy is a beast
[09:54] {thomcbell} daily chart really shaping up
[09:54] {cipher} rig l .95
[09:55] {cipher} out .05 +.10 don't like it
[09:59] {dino} nihd sm l .40
[09:59] {dino} icon odd, beats, raises
[10:00] {dino} icon sm l .40 ave
[10:07] {Threei} Short Setup: FCX .80 break
[10:07] {Threei} stop .86
[10:07] {Threei} target .65
[10:08] {Les} s1 .69
[10:09] {Threei} no go
[10:09] {dino} out nihd .07, +.67
[10:13] {dino} icon stop -.35
[10:13] {dino} re-load sm l .10
[10:14] {cipher} ibm is relentless today
[10:15] {dino} pzza sm l.40
[10:19] {Les} +.14 icon ty dino
[10:21] {dino} gj
[10:28] {Threei} RIG is relentless
[10:34] {cipher} can't look at ibm anymore...when is it gonna stop?
[10:34] {dino} clr rocking
[10:40] {Les} silver 35 bucks
[10:42] {Les} Aikido time. back for close
[10:43] {dino} out icon .42, +.32
[10:43] {cipher} gj
[10:46] {nemo} coma vad?
[10:46] {Threei} no
[10:47] {Threei} but SPY stalled
[10:47] {nemo} iwm oscillating around pivot at the moment
[10:50] {nemo} mon interesting
[10:55] {Threei} something is off otday
[10:55] {Threei} can't quite put a finger on it
[10:55] {nemo} typical day, bottomed, head north, no sellers
[10:58] {nemo} mon not giong with the market
[11:02] {nemo} iwm should slow down at 82.38
[11:04] {dino} nor is pot
[11:04] {Threei} VVUS, on tne other hands...
[11:06] {Threei} Long Setup: RIG .50 break
[11:06] {Threei} if stays above .40
[11:06] {Threei} target .90
[11:08] {Threei} wow MON
[11:09] {nemo} tza I think for a scalp
[11:09] {nemo} I'd like to see IWM hit .38 first though
[11:10] {RonS} nihd sm l .15
[11:12] {dino} would like it closer to db area
[11:13] {dino} out pzza .75 ave, +.35
[11:13] {dino} out gild .90, +.40
[11:14] {dino} nihd sm l .10
[11:14] {Threei} wtg
[11:14] {Threei} killing it
[11:14] {Threei} MON
[11:14] {Threei} bounce time
[11:14] {dino} ty
[11:15] {Threei} Long Setup: MON .55 break
[11:15] {Threei} half ,lot
[11:15] {Threei} that was fast
[11:15] {nemo} right
[11:15] {Threei} lol
[11:15] {nemo} what a day, market rips I can't get in
[11:15] {Threei} no go RIG
[11:16] {Threei} anyone got lucky with MON, feel frewe to exit
[11:20] {Threei} Long Setup: POT .70 break
[11:20] {Threei} if stays above .60
[11:20] {Threei} target 1:2
[11:29] {Threei} no go POT
[11:29] {Threei} trading jabs
[11:29] {Threei} Short Setup: CAT .10 break
[11:30] {Threei} if stays under .20
[11:30] {Threei} Short Setup: X .05 break
[11:30] {Threei} stop .15
[11:33] {Threei} CAT target 1:3, X - don't know
[11:35] {Threei} 1:1 CAT
[11:35] {Threei} 1:1 X
[11:35] {Threei} two jabs go to us
[11:39] {Threei} CAT scalpers win
[11:41] {RonS} out nihd flat...too thick
[11:49] {dino} thx ron, you moved it up
[11:49] {dino} icon app lod
[11:49] {dino} pzza too
[11:50] {Threei} X 1:2, out
[11:51] {nemo} flyer on upro long scalp here shaping up
[11:51] {Threei} OK, day is not stellar but decent
[11:51] {nemo} spy at trend
[11:52] {nemo} looking to partial at .70 the stop the rest at .54
[12:00] {nemo} well, I can either play "scalper" wins or save the rest for the stop
[12:01] {Threei} scalp, IMO
[12:01] {Threei} majority of plays today do not leave much room
[12:02] {nemo} key is if iwm drops .38
[12:03] {nemo} imo..iwm a bull flag
[12:03] {nemo} got major rising trendline on it at about .28
[12:03] {cipher} pzza l .04
[12:09] {nemo} o.k. stop to .68
[12:20] {Threei} just got a Groupon e-mail
[12:20] {Threei} $29 for Five Online Stock-Trading Courses ($630 Value)
[12:20] {Threei} hmmm...
[12:20] {Threei} must be real value
[12:26] {dino} pzza sm l .11
[12:29] {cipher} looks like someone's flashing sell orders on pzza
[12:29] {cipher} it should spike up imo
[12:29] {cipher} hre we go :-)
[12:29] {dino} as long as thats all they're flashing
[12:30] {cipher} was watching it for a long time
[12:30] {cipher} looks like short sellers
[12:33] {cipher} out pzza .22 +.18 good enough for me
[12:34] {cipher} lol dino I just got youre joke :-)
[12:35] {dino} :D
[12:35] {Threei} lol
[12:36] {nemo} pretty good for a German
[12:37] {cipher} Ich verstehe Deutsch sehr gut aber ich spreche nicht so gut
[12:37] {nemo} gmcr short?
[12:38] {nemo} Woher kommen Sie aus?
[12:40] {cipher} Ich sagte Ihnen bereits aus Europa
[12:40] {cipher} :-)
[12:40] {Threei} GMCR, volatility isa a bit higher than I'd like
[12:41] {Threei} but the chart is right
[12:41] {nemo} na ja, sehr spezifisch
[12:41] {nemo} Ich bin Alt, hab schon vergessen
[12:43] {cipher} es macht keinen Unterschied, halte ich für, Amerikaner zu sein
[12:45] {nemo} Wilkommen in der Volksrepublik Amerika, na ja Komrade
[12:46] {cipher} Dies ist ein großes Problem...
[12:46] {Threei} I am about to start speaking russian
[12:47] {nemo} Sie haben keine Ahnung
[12:47] {nemo} Parle Ruski, nyet
[12:48] {cipher} Vertrauen Sie mir, ich weiß was du meinst, mein Freund
[12:48] {nemo} Ich wohne in der Naehe von Harvard...nicht gut
[12:48] {Threei} guys please
[12:48] {cipher} ja govorju toze po russki
[12:48] {Threei} lol
[12:49] {nemo} he gave it away
[12:49] {Threei} shorted GMCR?
[12:49] {Threei} works like charm
[12:49] {nemo} nope should have
[12:49] {Threei} .50 break, clear trigger
[12:50] {nemo} actually, was looking at that second drop under .60 on the doji
[12:50] {Threei} old Odessa joke about you,. nemo
[12:50] {nemo} do I slip on sunflower oil?
[12:50] {Threei} english-speaking guy drowning, screams HELP (in English of course),
[12:50] {Threei} no one moves,
[12:50] {Threei} he drowns,
[12:51] {Threei} someone comments:
[12:51] {nemo} had the dying part right
[12:51] {Threei} he'd better learn swimmikng that English
[12:51] {nemo} sound about right
[12:51] {Threei} so, you'd better short GMCR than speak German {GG}
[12:51] {Threei} that = than in that punch line
[12:52] {nemo} akam
[12:52] {Threei} 40 cents
[12:53] {dino} out nihd .40, +.30
[12:54] {cipher} gj
[12:56] {Threei} dollar
[12:56] {Threei} almost
06[12:56] * Threei slaps nemo around a bit with a large roll of cash
[13:00] {nemo} aapl daily might be ripe, but out of my neighborhood
[13:00] {Threei} not my cap of tea
[13:01] {nemo} talk about a diaper stock
[13:01] {Threei} '/short pot .50 break
[13:01] {Threei} Short Setup: POT .50 break
[13:02] {nemo} I've got it strengthening a bit here, short at resistance might be better
[13:02] {nemo} then again, I didn't take gmcer so
[13:09] {Threei} half out
[13:09] {Threei} stop to .51
[13:09] {Threei} scalpers be free
[13:09] {nemo} why would you stop below that spike?
[13:09] {Threei} ?
[13:10] {nemo} the spike to .52 3 minutes ago
[13:10] {Threei} after it got rejected, I view .50 as real resistance
[13:10] {nemo} ahhh
[13:10] {Threei} if it gets broken, it's not a short play anymore
[13:17] {dino} gild l .01
[13:27] {vijay} GILD
[13:28] {vijay} nice call Dino.
[13:30] {dino} ty
[13:30] {dino} break of hod
[13:31] {vijay} thx.
[13:34] {dino} out gild .12, +.11
[13:36] {Threei} nice
[13:36] {Threei} clean setup and easy move
[13:38] {dino} ty
[13:38] {dino} GMXRp drop
[13:38] {dino} too thin
[13:59] {dino} markets are dead
[14:15] {dino} lbtyk -13 drop
[14:16] {dino} bad prints?
[14:21] {dino} pzza stop -.15
[14:35] {Threei} which way this standoff is going to resolve...
[14:37] {Threei} Long Setup: TNA .90 break
[14:37] {Threei} half lot
[14:37] {nemo} new highs in the indexes today probably
[14:37] {Threei} yeah
[14:37] {Threei} my feel too
[14:38] {Threei} want to add half lot on 62 break
[14:39] {Threei} combined stop .84
[14:39] {Threei} target .30
[14:40] {Threei} no go
[14:50] {Threei} been a good while since we had such a dead day
[14:53] {nemo} vvus short?
[14:54] {Threei} can't tell
[14:54] {nemo} see that bid at the whole?
[14:55] {Threei} resistance is a bit too far for a stop placement
[14:56] {Threei} and chart is just not there for a clear setup
[15:08] {Threei} TNA rinse
[15:08] {Threei} I knew it
[15:10] {Les} .
[15:10] {Threei} what's your point?
[15:10] {Les} I am present
[15:10] {Threei} OK, let's see in TNA lets us in oln pullback
[15:11] {Threei} almost at my ptiginal target... grrr
[15:11] {Les} rig .40 b/d?
[15:12] {nemo} careful about shorting into this rally
[15:12] {Threei} yeah, I'd rather look for a .50 breakout
[15:12] {Les} ok I see the potential
[15:12] {nemo} go with the energy dude, when it turns then go short
[15:13] {nemo} Hey, that IWM chart I sent you? look at the trend line
[15:13] {Les} 1 min.
[15:14] {nemo} 15
[15:14] {nemo} that line goes waaaaaay back
[15:14] {nemo} lost it yesterday, regained it today and has been walking up it
[15:14] {Les} this uptrend line. right
[15:15] {Threei} 10 more cents drop TNA, and I'll get interested
[15:15] {Threei} 5
[15:15] {nemo} green line that goes through the mush between the 21st and 22nd and this afternoon has been walking along
[15:15] {Threei} almost there
[15:15] {Threei} grrr
[15:16] {Threei} missed
[15:16] {dino} gotta hop, thx all
[15:16] {Threei} take care dino
[15:16] {Threei} can't believe I missed TNA
[15:18] {Les} ah ok Uncle Buck playing dead is he...
[15:18] {Les} frikin yankee poodle
[15:18] {Les} rolls over and dies
[15:19] {nemo} wombat poker
[15:20] {Les} so someone in the US has some balls
[15:20] {nemo} huh? what u talkin' 'bout Willis?
[15:20] {Les} some balls to speak up
[15:21] {nemo} in regards too.......
[15:21] {Les} me poking a finger at the poodle act of your yank dollar. I'm sure I said its bait a yank day.
[15:21] {Threei} (US) Pres Obama: Cannot just drill our way to lower gasoline prices; High prices serve as reminder to develop new energy sources
[15:21] {Threei} - Biggest cause of oil prices is the instability in the Middle East, particularly Iran.
[15:21] {Threei} - Oil prices also rising due to higher demand from emerging economies (China, Brazil, India).
[15:21] {Threei} - Considering launching a program that would study natural gas use as substitute for gasoline; calls on end to taxpayer subsidies to oil companies (in line with budget proposals)
[15:21] {Threei} sigh
[15:22] {Les} I think a judge just put a fork in Obama's "new energy sources"
[15:22] {nemo} it's funny "taxpayer subsidies" are standard accounting depreciation principles
[15:29] {Threei} Long Setup: TZA .40 break
[15:29] {nemo} .44 resistance
[15:30] {Threei} disregard
[15:34] {Les} LVS
[15:34] {Les} sorry SLW
[15:35] {Les} 2 way break?
[15:35] {Threei} hmm
[15:36] {Threei} don't see a setup either way
[15:36] {Les} not even 39 b/d?
[15:37] {nemo} sit on your hands les
[15:37] {nemo} palms up
[15:37] {Threei} if consolidates here for couple min, maybe
[15:37] {Les} I think index reversal here
[15:37] {Les} possible
[15:37] {nemo} nowhere for it to really go
[15:42] {Threei} lol, what a useless day
[15:42] {Threei} I am up a bit but feel like I have fought both inquisitors and witches for each cent
[15:50] {Les} market really stuck here. Destination 83.25 Nemo?
[15:50] {Les} for IWM
[15:51] {nemo} grind
[15:51] {nemo} could go back to the trned, but who knows...if it doesn won't be tradeable
[15:51] {Threei} I give up
[15:51] {Threei} it's dead
[15:52] {Threei} no more trades
[15:52] {nemo} wuss
[15:52] {nemo} just throw one out theree
[15:52] {Threei} yeah
[15:52] {Les} I will sleep it off. c u's tomorrow
[15:52] {Threei} well
[15:52] {nemo} 3 4 k shares what the hell
[15:52] {nemo} apple long
[15:52] {Threei} Long Setup: AAPL
[15:52] {nemo} ow
[15:52] {Threei} how did you know I just typed that?
[15:52] {nemo} jjROTFL
[15:52] {Threei} :)
[15:53] {Les} loonies running the asylum. outta here
[15:53] {Threei} thank you all, have a good evening
[15:53] {Threei} hopefully more movement tomorrow
[15:53] {cipher} gn all
[15:53] {nemo} that's it, run you frickin' wombat pokin' kangaroo humpin' sheila!!!
[15:53] {cipher} thx for ideas
[15:53] {nemo} sorry
[15:54] {nemo} gute Nacht
[15:54] {cipher} nemo :-)
[15:54] {thomcbell} avgo - look to buy retracement in a weakish tape tomorrow morning
[15:54] {nemo} bis morgen
[15:54] {thomcbell} real standout
