Profitable albeit boring day ending profitable albeit incredibly boring week. The biggest challenge throughout the whole week was to keep our eyes open.
Session Time: Fri Mar 23 00:00:00 2012
[08:57] {dptl} good morning all
[08:59] {Threei} dp :)
[09:00] {Les} That's too much enthusiasm for my taste
[09:00] {Les} Where's Nemo when you need some gloomy company
[09:00] {Threei} sorry
[09:00] {Threei} I�ll try to keep it down
[09:13] {dino} gm
[09:13] {Threei} dino :)
[09:14] {Threei} Pope Benedict calls on Cuba to move on from communism as it no longer works
[09:14] {Threei} �np longer?�
[09:14] {Threei} as in, it used to work?
[09:17] {MigC} good morning
[09:18] {Threei} migc :)
[09:20] {Beau} good morning you all
[09:20] {Threei} beau :)
[09:21] {rambler} gm
[09:21] {Threei} rambler :)
[09:28] {Threei} market feels very quiet
[09:28] {Threei} weak gap up
[09:30] {Threei} Short Setup: FCX .30 break
[09:30] {Threei} not much chance eh
[09:30] {Threei} 1:1
[09:30] {Les} took half shares at .25
[09:31] {Les} half out .16
[09:32] {Les} all out .05 ty sire
[09:32] {nemo} sire? oy vay
[09:32] {Threei} welcome
[09:33] {cipher} cat l .13
[09:33] {Threei} Short Setup: SLW .65 break
[09:33] {Threei} if stays under .75
[09:34] {Threei} change to .75 break
[09:34] {cipher} out .33 +.20
[09:35] {Threei} SLW valid
[09:35] {Threei} stop .86
[09:36] {Beau} gj cipher
[09:36] {cipher} ty
[09:36] {nemo} why is Beau pink?
[09:36] {Beau} again? geez
[09:36] {nemo} what, Reservoir Dogs fan?
[09:36] {Threei} stop to .81
[09:37] {Threei} Short Setup: FCX .05 break
[09:37] {Threei} ugh, late alert
[09:37] {Threei} ok
[09:37] {Threei} valid
[09:38] {Threei} stop above .15
[09:39] {Threei} lose that 38 and die
[09:40] {Threei} 1:1
[09:40] {Threei} was very nice of it to return to pick us up
[09:41] {Beau} what is a reservoir dog, nemo?
[09:42] {rambler} stop SLW -.12
[09:42] {Threei} cult movie by Tarantino...
[09:43] {cipher} tna l .01
[09:43] {Beau} if it's not John Wayne, forget it
[09:44] {Les} l FCX .01 stop under .90
[09:44] {Les} John who?
[09:44] {Threei} Short Setup: X .25 break
[09:44] {Threei} if stays under .35
[09:44] {dino} ipgp sm l .40
[09:44] {cipher} ibm l.18
[09:45] {rambler} Beau...been reading Louis Lamour books lately....
[09:47] {cipher} out tna .22 +.21
[09:47] {Beau} if you aren't nice, i'll hit you with my purse.
[09:47] {Les} out fcx .09 & .03
[09:48] {Threei} no go X
[09:48] {Les} fcx without me
[09:48] {Les} dt slw?
[09:49] {cipher} out ibm .33 +.15
[09:50] {thomcbell} not yet on slw
[09:51] {thomcbell} short setup slw 33.12 break - aggressive
[09:51] {thomcbell} if holding 33.22
[09:51] {thomcbell} invalidated already
[09:52] {Les} fdx
[09:53] {dino} bobe drop
[09:56] {dino} air pocket
[09:56] {Threei} Short Setup: X .55 break
[09:57] {Threei} stop above .65
[09:59] {Threei} stop to .61
[09:59] {Threei} 1:1
[10:00] {Les} scalped it ty
[10:00] {dino} bobe sm l .60
[10:00] {Threei} *(US) FEB NEW HOME SALES: 313K V 325KE
[10:03] {Threei} Short Setup: CAT .60 break
[10:03] {Threei} stop above .70
[10:03] {Threei} target 1:2
[10:04] {cipher} tna l.75
[10:05] {Threei} 1:1
[10:05] {cipher} out -.10
[10:05] {Threei} good risk control
[10:08] {dino} bobe stop -.25
[10:10] {cipher} gmcr l .22
[10:10] {cipher} tna l.38
[10:11] {thomcbell} waiting for a DB to develop on NKe down here
[10:12] {cipher} tna stopped -.19
[10:12] {Threei} Long Setup: TNA .30 break
[10:12] {Threei} hl
[10:13] {Threei} .15 stop
[10:13] {nemo} spy driving the bus today
[10:14] {cipher} out 1/3 gmcr .39 +.17
[10:14] {Threei} trail to .19
[10:14] {thomcbell} long setup nke 106.64 break half lot
[10:14] {Les} out .40 ty
[10:14] {Threei} 1:1
[10:14] {cipher} out 1/3 gmcr .46 +.24
[10:15] {dino} tho sm l .92
[10:15] {Threei} 1:2, out
[10:15] {Threei} whew
[10:15] {dino} gj cipher, i didn't like the gap below
[10:15] {rambler} same tks V....green now...lol
[10:16] {Threei} :)
[10:16] {Beau} thks vad
[10:16] {Les} nice. I was already in at .25 so .40 was my limit
[10:16] {thomcbell} target is 108 on nke
[10:17] {thomcbell} level where sharp break started
[10:17] {cipher} our remainder gmcr .50 +.28
[10:17] {Threei} so far so good
[10:18] {Threei} wtg cipher
[10:18] {cipher} ty
[10:23] {nemo} lvs
[10:24] {Threei} Long Setup: TZA .80 break
[10:24] {Threei} .70, sorry
[10:26] {Threei} in .66 aggressively
[10:26] {nemo} btw, spy bottomed at IWM's monthly pivot and daily S2
[10:26] {Threei} stop under .60
[10:27] {dino} rock on then huh nemo
[10:28] {nemo} watch vwap here, probably iwm and spy ging there
[10:29] {nemo} anf bear flag?
[10:30] {nemo} vwap around .80
[10:30] {Threei} can�t tell really
[10:31] {nemo} The force not with you on that one Lord Vadster
[10:31] {Threei} nope
[10:32] {nemo} as an aside: I HATE DEALING WITH HEALTH INSURANCE COMPANIES!!!
[10:33] {Les} don't deal with them then
[10:33] {nemo} wow, nke was quite the short this morning
[10:33] {nemo} What's your favorite saying Les?
[10:33] {nemo} Oh yeah...
[10:33] {nemo} Piss Off
[10:34] {Les} There are aspects of American capitalism I admire. Profiteering in health is not one of them
[10:34] {nemo} actually, this is dealing with the state
[10:35] {Threei} no go TZA
[10:35] {Threei} should�ve just taken 1:1
[10:35] {thomcbell} nke getting a bit better here
[10:35] {nemo} yeah, iwm and spy had to get to vwap, might be short soon here but developing a channel
[10:36] {cipher} I bailed on TZA earlier... had a hunch
[10:36] {cipher} thx
[10:36] {Les} yeh out flat tza
[10:36] {Les} might be entry here though
[10:36] {Les} nope
[10:37] {cipher} darn missed gmcr off 53
[10:38] {thomcbell} fcx bananas
[10:38] {nemo} gold and copper I think
[10:39] {Les} nice base FCX has put in the daily
[10:40] {thomcbell} stop to 106.75 on nke
[10:40] {nemo} http://www.freestockcharts.com?emailChartID=51f7735b-4a4f-42e8-8e50-34e24a9ec257
[10:40] {cipher} gld l .32
[10:40] {nemo} Here folks...take a look where the Pivots are and the WPP=Weekly Pivot, we are likely to be constrained by those levels today
[10:41] {cipher} anyone having problems with fills today?
[10:41] {cipher} bats seems to be messed up, nasdaq slow...
[10:42] {Les} no probs here
[10:42] {dino} tbell, ty nke out +.35
[10:42] {nemo} what are you getting for speedtest.net cipher?
[10:43] {thomcbell} i got that play from you - and Vad - thanks guyhs
[10:43] {cipher} let me check...
[10:44] {thomcbell} sold 1/4 nke here + 0.60
[10:44] {dino} nice
[10:44] {cipher} speedtest is fine, also ran ping test for lost packets, everything is ok
[10:45] {nemo} should get to 107.75 area thom
[10:45] {thomcbell} sold another 1/4 here 107.43
[10:45] {thomcbell} stop on 1/4 to 107.19
[10:45] {cipher} out gld .38
[10:45] {thomcbell} other stop to 106.98
[10:45] {nemo} NKE touched it's 50 day ma
[10:46] {dino} has to be your broker cipher
[10:46] {thomcbell} 1/4 left on nke with 106.98 stop now
[10:46] {Les} Nemo, can you pass me your IWM multi tab chart please. Time to update
[10:47] {nemo} what? the one with all the different levels on different tabs?
[10:47] {Les} ja
[10:47] {nemo} my paypal account is....
[10:47] {Les} 1800 bite me
[10:48] {nemo} frickin' dojo ballerina diva
[10:48] {nemo} iwm: http://www.freestockcharts.com?emailChartID=47cc1878-5570-4753-bcc6-73334ca35c51
[10:48] {Les} wasn't dancing last night. Still muscling my way through Jiyu aza
[10:49] {nemo} when you get that stance down, and can carry it with you, the muscling stops
[10:49] {nemo} spy: http://www.freestockcharts.com?emailChartID=cec28f93-09e7-4ed8-88c2-85fd66122cbe
[10:50] {Les} nah, just iwm ty
[10:50] {Les} keep an eye on risk on gauge in hourly time frame
[10:50] {nemo} yesterday, the upper part of the range was controlled by spy...they are symbiotic
[10:51] {nemo} you been hit in the head alot there, Les?
[10:51] {Les} monitor that in 15 min.
[10:51] {Les} where?
[10:51] {thomcbell} im cleaning up nke here
[10:51] {dino} gut says up
[10:51] {nemo} in general...parents, friends, girlfriends, boyfriends.etc
[10:52] {Threei} nice one on NKE
[10:52] {Les} only when you open your mouth
[10:52] {nemo} ?
[10:52] {Les} bashing me over the head with your hot air
[10:52] {nemo} spy at pivot, but iwm still has .30 to go
[10:52] {Les} missed fdx setting up new charts
[10:53] {nemo} WPP on spy is .39
[10:53] {dino} giddy-up
[10:54] {Les} TLT vwap support here
[10:55] {dino} tho to .19
[10:56] {nemo} hey cipher, my bats quotes are kaput
[10:56] {dino} panl sm l .50
[10:57] {thomcbell} nke - impatience
[10:57] {thomcbell} for 0.17 cents
[10:57] {thomcbell} bad boy
[10:57] {nemo} just hit vwap
[10:58] {nemo} weird, appl printed 542.80
[10:58] {dino} out tho .17, +.25
[10:59] {nemo} anf
[10:59] {dino} bad print
[10:59] {nemo} yeah
[10:59] {nemo} or somebody got really lucky
[11:00] {Les} those damn machines again
[11:00] {nemo} frickin' HFT
[11:02] {Les} Vad TZA break of 45?
[11:02] {Les} .45
[11:03] {dino} ipgp to .60
[11:03] {Les} sm l tza .45 stop below .40
[11:04] {nemo} l anf .01
[11:04] {dino} lh drop
[11:07] {dino} ipgp to .71
[11:09] {dino} out ipgp .72 ave , +.32
[11:12] {Les} out tza -.01 fell short of a scalp
[11:13] {dino} cxo spike
[11:14] {nemo} dino?
[11:14] {nemo} you kick out the plug?
[11:16] {nemo} funny how anf bounced at vwap
[11:16] {dino} lh sm l .50
[11:17] {Les} back at 2pm cheers
[11:17] {nemo} why don't you take the rest of the week off?
[11:19] {dino} out lh .80, +.30
[11:21] {dino} too sooooon
[11:21] {nemo} yeah...thought it might be
[11:21] {dino} that drop to .36 area had me worried, stop was .29
[11:21] {nemo} i'm scratching anf
[11:21] {dino} doesn't move
[11:22] {nemo} got bored
[11:22] {dino} "better worlds"
[11:22] {nemo} going into lunch on a Friday
[11:22] {nemo} Tale of Two Cities Dino?
[11:23] {nemo} watch it go to .30
[11:24] {dino} dark tower/king
[11:27] {nemo} spy at wpp and iwm probably headed to 82.07
[11:30] {nemo} and, of course, ANF headed to target after I got out
Session Close: Fri Mar 23 11:30:14 2012
Session Start: Fri Mar 23 11:30:14 2012
Session Ident: #discussions
02[11:30] * Disconnected
02[11:35] * Attempting to rejoin channel #discussions
03[11:35] * Rejoined channel #discussions
[11:36] {Threei} LOST INTERNET
[11:36] {dino} calling it a day, buddy called needs a 4th for golf at noon. thx all, decent week
[11:36] {Threei} have a good one dino
[11:36] {cipher} cya dino
[11:36] {dino} ;)
[11:36] {nemo} wow, look at that anf bar, wtf
[11:37] {cipher} which one the vertical one :-)
[11:39] {nemo} verdammter Europaischer
[11:39] {cipher} they did in on purpose to piss you off
[11:41] {nemo} I'm not paranoid and anybody who thinks I am is out to get me
[11:41] {nemo} so, IWM kisses the daily pivot, and SPY is riding the weekly...mmmmmhhhhh
[11:48] {nemo} was just gonna say, might want to look at tza here
Session Close: Fri Mar 23 11:58:49 2012
Session Start: Fri Mar 23 11:58:49 2012
Session Ident: #discussions
02[11:58] * Disconnected
02[12:05] * Attempting to rejoin channel #discussions
03[12:05] * Rejoined channel #discussions
[12:09] {Threei} Short Setup: LVS .55 break
[12:09] {Threei} if stays under .60
[12:15] {thomcbell} fcx bulls have had just about enough of this selling stuff today
[12:17] {nemo} 1/4 more .32
[12:19] {nemo} stop to .24
[12:35] {Threei} LVS drops nicely
[12:35] {Threei} did it have to invalidate by 2 cents?
[12:35] {nemo} yeah, it never breached the 20 sma
[12:36] {nemo} what are your Bollinger Band settings?
[12:37] {Threei} 13/1.7
[12:37] {nemo} ahhhh
[12:39] {thomcbell} short setup - invn 21.19 break
[12:42] {thomcbell} if holds 21.31
[12:42] {nemo} o.k. didn't raise my stop, let's suee if it works out this time
[12:43] {Les} what's the setup?
[12:44] {thomcbell} invalid
[12:48] {thomcbell} if your asking about invn - was not a valid setup the more i look at it
[12:49] {Les} nah mate, was asking the clownfish
[12:51] {Les} tza l .27 stop below .23
[12:51] {thomcbell} nke setting up long again here
[12:51] {thomcbell} not playing
[12:53] {Les} no go
[13:05] {thomcbell} long setup nke 108.01 break if holding 107.75
[13:05] {thomcbell} will be half lot
[13:05] {thomcbell} like the way its consolidating up here near 108
[13:11] {Les} VXX is a hopeless market tracker, but it seems like its bottomed out here at half pivot support
[13:11] {Les} tlt holds above vwap
[13:11] {Les} just need someone to plug the market back in
[13:31] {Threei} watch TZA for dive to 18 for double bottom play
[13:50] {Threei} in, .94 stop
[13:50] {rambler} same
[13:51] {Les} yeh
[13:57] {Threei} will try to partial near .10
[13:57] {Threei} scalpers know what to do
[13:58] {Threei} half out
[14:00] {Les} 3/4 out at .07 lightening up
[14:11] {Les} tlt struggling to recover vwap support
[14:13] {Les} last quarter flat .02 ty sir
[14:13] {Les} boss is home. c u's monday
[14:13] {rambler} cya Les..
[14:14] {rambler} out TZA.....zzzzz
[14:29] {nemo} if slw gonna' bounce, it'll be here
[14:35] {rambler} trying to buy TZA at .90 but no luck
[14:36] {Threei} Long Setup: FAZ 21 break
[14:37] {Threei} .94 stop
[14:37] {nemo} l slw .85
[14:37] {nemo} stp under .80
[14:38] {rambler} in
[14:42] {Threei} the patience this week requires, oy
[14:43] {nemo} and the alcohol!!!
[14:43] {nemo} partial at .90
[14:44] {nemo} setting stop at b/e in case indexes come off
[14:46] {rambler} break out 4x4 Vad....
[14:47] {Threei} I can barely move my eyelids at the end of Fri, let alone heavy lumber
[14:47] {Threei} 2x4 comes out Monday morning
[14:48] {nemo} i got breakout coming in spyand iwm
[14:49] {Threei} come on FAZ
[14:49] {Threei} bounce
[14:50] {nemo} iyf at the top of the range, and it looks like spy and iwm got a ways to go
[14:50] {nemo} GS holding steady too
[14:51] {Threei} nah, out
[14:52] {nemo} slw getting ready to go
[14:59] {Threei} ok, lwt�s see if last hour brings anything more exciting than paint drying on the grass growing
[15:02] {rambler} SPY up, down or flat last hour..?
[15:02] {rambler} I say down...
[15:02] {Threei} I concur
[15:02] {nemo} up
[15:03] {Threei} want to make nemo jump from the bridge? hang a sign �jumping forbidden�
[15:03] {rambler} aha...and there is the market...
[15:03] {rambler} lol..
[15:04] {nemo} been there, done that
[15:05] {nemo} just to screw with us spy will probably got to 140 maybe 140.14
[15:06] {Threei} you forgot to mention that you booby-trapped the bridge before jumping
[15:07] {rambler} I say 139.40 but I have lousy track record at predicting future...
[15:08] {nemo} well that would be the WPP
[15:09] {rambler} called 'a hope and a prayer' prediction model...
[15:09] {nemo} it might get there, but look at the trend line on IWM, that's the lead dog today
[15:10] {nemo} it tza is gonna work it will be now
[15:10] {nemo} but I wouldn't expect much
[15:10] {rambler} I got to get your IWM stuff figured out...so many colored lines on the chart I go cross eyed...
[15:10] {nemo} only look at 15 minute or less
[15:11] {rambler} I'll give it another go this weekend..
[15:11] {Threei} ugh FAZ
[15:12] {nemo} after I plot the levels this is what I watch during the day: http://www.freestockcharts.com?emailChartID=355689c0-8c6f-456b-a3d9-453cccf47fdc
[15:12] {nemo} yeah, iwm just broke the trend line
[15:12] {nemo} spy at trend
[15:14] {Threei} (EU) EMU finance ministers proposals to increase size of firewall said to be gaining more support - financial press
[15:14] {Threei} - Ceiling may be raised to �700B vs other propoals to raise ceiling to �940B which appear to have been ruled out
[15:14] {Threei} - Pace at which capital to be paid in may be increased
[15:16] {rambler} every time I click on your link my computer freezes up on FSC....
[15:17] {Threei} do you have silverlight installed?
[15:17] {nemo} weird...what do you have for a computer?
[15:18] {rambler} don't think I have silver light...
[15:18] {Threei} Short Setup: FCX .60 break
[15:18] {Threei} if stays under .65
[15:18] {nemo} have to install silverlight
[15:18] {Threei} that�s why then, FSC is based on it
[15:18] {rambler} ok
[15:19] {nemo} pivot is .48 and vwap is .45
[15:19] {nemo} what kind of computer configuration do you have rambler?
[15:20] {rambler} good question....
[15:20] {rambler} just a regular pc..
[15:20] {rambler} gateway...two monitors...
[15:21] {nemo} quad core, or dual core?
[15:21] {rambler} I think dual....
[15:21] {rambler} have to dig out the manual
[15:22] {nemo} go to control panel
[15:22] {rambler} k
[15:22] {nemo} what operating system you running?
[15:23] {Threei} Atari
[15:23] {nemo} nice
[15:23] {Threei} good enough?
[15:23] {nemo} I'm running Pong
[15:23] {Threei} my Commodere 64 seems to handle it well
[15:23] {rambler} I've got too many computers...lol
[15:24] {Threei} and with 14.4 modem, blazing the Internet trails...
[15:24] {nemo} shorts looking interesting here
[15:25] {Threei} join us in FCX then
[15:25] {rambler} windows 7
[15:25] {nemo} vwap and pivot too tight, I'll stay in tza
[15:26] {rambler} Gateway DX4300 AMD Phenom 2x4 810 processor 2.6 GHz
[15:26] {Threei} hey, here is 2x4!
[15:26] {rambler} 64 bit
[15:26] {Threei} Phenom 2x4
[15:27] {nemo} o.k. power ain't the problem
[15:27] {Threei} I didn�t know they used lumber to make computers
[15:27] {rambler} use it...!!
[15:27] {Threei} all that talk about silicon, just another trick
[15:28] {nemo} anyway, can you open FSC on your own?
[15:28] {nemo} don't hurt yourself
[15:28] {rambler} yes..
[15:28] {nemo} I'm out of tza above the recent high
[15:33] {Threei} half out
[15:34] {Threei} squeezing juice out of stone continues
[15:34] {nemo} blood
[15:35] {rambler} got my order in at .51...
[15:35] {rambler} die...gravy sucking pig..
[15:36] {rambler} see, workrd..
[15:36] {Threei} lol
[15:36] {nemo} things get iffy here on fcx
[15:45] {rambler} die harder...
[15:45] {rambler} die like you mean it..
[15:58] {rambler} out FCX....
[15:58] {rambler} +.12...tks V
[15:58] {Threei} yw
[15:58] {Threei} OK guys
[15:58] {Threei} thank you all
[15:59] {Threei} profitable but very patience-trying week
[15:59] {Threei} have a great weekend
[15:59] {Threei} see you Monday
[15:59] {dptl} good night all
[15:59] {rambler} enjoy the weekend...going boarding sunday so hopefully intact monday morning...lol
