Thursday, March 15, 2012

March 15 2012

(Course on chart pattern recognition is available now:  

Decent day, even though afternoon was beyond boring. We honestly tried ti entertain ourselves with some jokes and educational discussions; morning profit took care of financial aspect.

Session Time: Thu Mar 15 00:00:00 2012
[08:42] {Threei}  *(US) INITIAL JOBLESS CLAIMS: 351K V 357KE; CONTINUING CLAIMS: 3.343M V 3.408ME- Prior Initial Claims revised higher from 362K to 365K - Prior Continuing Claims higher from 3.416M to 3.424M
[08:43] {Threei}  *(US) FEB PRODUCER PRICE INDEX M/M: 0.4% V 0.5%E; PPI EX FOOD & ENERGY M/M: 0.2% V 0.2%E
[09:11] {dino} gm
[09:11] {Threei}  dino :)
[09:12] {MigC}  good morning
[09:12] {Threei}  migc :)
[09:16] {Beau} morning you all
[09:17] {Threei}  beau :)
[09:18] {Threei}  good review of the GS/Snith situation
[09:18] {Threei}
[09:22] {dptl} good morning all
[09:22] {Threei}  dp :)
[09:24] {rambler} morning...
[09:24] {Threei}  may surprise you... but FCX short is the first play I am looking for
[09:25] {Threei}  rambler :)
[09:25] {Threei}  one of two scenarios:
[09:26] {Threei}  1. consolidation above .55 for a min, then breakdown for a short trigger
[09:26] {Threei}  2. jump to .70, stall, reversal
[09:26] {Threei}  if drops right out of the gate we won't get entry
[09:27] {Threei}  if jumps over .70, will look for another range
[09:27] {Threei}  SLW is short candidate too but will have to wait a few min
[09:30] {Threei} Short Setup: FCX  .50 break
[09:30] {Threei}  half lot
[09:30] {Threei}  disregard
[09:30] {Threei} Short Setup: FCX  .7- break
[09:30] {Threei}  if stays under .80
[09:31] {Threei}  target .40
[09:31] {Threei}  1:1
[09:32] {Threei}  trail stop by the book
[09:32] {Les} there's a book?
[09:32] {Threei}  stop to .66 now
06[09:33] * Threei slaps Les around a bit with a scalping course
[09:33] {Threei}  1:2
[09:33] {Threei}  stop to .61
[09:33] {Threei}  target hit, out
[09:33] {Les} all out .43 ty
[09:33] {Threei}  nice and easy
[09:34] {Threei}  dunno about Les but FCX obviously read that book {G}
[09:34] {Les} hehe
[09:34] {Threei} Short Setup: SLW  .50 break
[09:34] {Threei}  if stays under .60
[09:34] {Threei}  target 1:2
[09:36] {Threei}  no rinsing SLW, OK?
[09:37] {Threei}  ugh
[09:37] {Threei}  out
[09:37] {cipher} cat l .03
[09:37] {dino}  apu drop
[09:38] {Threei} Long Setup:  X  29 break
[09:38] {Threei}  if stays above .90
[09:39] {Threei}  invalidated
[09:39] {Threei}  looking for .80 - .90 range to esdtablish
[09:39] {Les} .83 pivot support x
[09:40] {Threei} Long Setup:  X  .90 break
[09:40] {Threei}  if holding .80
[09:40] {Les} tza
[09:42] {dino} 07 red
[09:42] {Threei}  rather TNA time
[09:42] {Threei}  band is overstretched
[09:42] {Threei}  snapback is coming
[09:42] {Threei}  X 1:1
[09:44] {Threei}  out in full
[09:44] {Threei} Long Setup:  TNA  .45 break half lot
[09:44] {Threei}  if stays above .35
[09:45] {Threei}  target .75
[09:46] {Threei}  1:1
[09:48] {Threei}  1:2
[09:48] {Threei}  stop .49 for the last [iece
[09:48] {Threei}  out
[09:48] {Les} me2
[09:48] {Threei} Short Setup: X  .80 break
[09:49] {Threei}  if stays under .90
[09:49] {dino} paa sm l .81
[09:49] {Threei}  invalidated
[09:49] {nemo} .83 is pivot
[09:52] {dino} mos sm l .20 ave
[09:54] {Les} JPM DT
[09:55] {Les} maybe up
[09:56] {Threei} Long Setup:  TZA  .35 break
[09:56] {Threei}  if stays above .30
[09:56] {Threei}  invalidated
[09:56] {nemo} numbers....
[09:57] {Threei}  yeah, let's wait them out
[09:59] {Threei}  dive under .30 again, recross is long for double bottom
[10:00] {Threei}  *(US) MAR PHILADELPHIA FED: 12.5 V 12.0E
[10:00] {Threei} Long Setup:  TZA  .30 break
[10:00] {Threei}  if stays above .25
[10:00] {dino} out mos .50, +.30
[10:00] {Threei}  wtg
[10:01] {dino} ty
[10:01] {dino} fast drop?
[10:02] {Threei}  TZA, can't tell scalp or more
[10:02] {Threei}  out
[10:03] {Threei}  .42
[10:03] {nemo} Quad witching hour cloudiness setting in 
[10:03] {cipher} thx out .41
[10:03] {Threei}  what do we have 4 for 5? or 5 for 6?
[10:04] {Threei}  my math is like my botany... I tend to confuse either with ornitology
[10:04] {Les} not enough... want more
[10:04] {nemo} I thought you were an icycanthyologist
[10:04] {dino} mako drop
[10:05] {dino} mako sm l .01
[10:07] {Les} is that a real word nemo?
[10:07] {Les} SLW
[10:07] {Les} wants up, top of range here
[10:08] {Les} pivot resistance .67
[10:08] {nemo} Ichthyology
[10:08] {nemo} sorry
[10:09] {Les} Cleese: "He's making it up as he goes along..."
[10:11] {cipher} +.29 mako thx dino
[10:11] {Threei}  as far as attention span competing species go, I am rather an lepidopterologist
[10:12] {dino} paa stop .56, -.25
[10:14] {cipher} paa l .70
[10:16] {dino} paa air pocket trades
[10:17] {_scottie} Still there. I'm learning and it's going fine. txs
[10:17] {dino} out mako .49, 
[10:17] {dino} +.48
[10:17] {cipher} wtg
[10:17] {Threei}  hi scottie, welcome to the jungle
[10:18] {dino} ty
[10:18] {_scottie} Thanks. It's workinbg as fine as I thought it would.
[10:19] {Threei}  spike out of nowhere, I don't see any news for it
[10:19] {dino} welcome aboard scottie
[10:19] {cipher} hi scottie
[10:19] {_scottie} ty dino
[10:20] {_scottie} hi cipher
[10:20] {cipher} out paa -.05
[10:20] {dino} we need to hit that arond .40
[10:21] {cipher} too late
[10:21] {cipher} rinsed
[10:23] {dino} wtf it spikes to .99
[10:24] {cipher} gmcr s .09
[10:26] {cipher} out .98 ave
[10:26] {dino} gj
[10:28] {cipher} up almost a buck paa
[10:28] {dino} ges sm l .35
[10:30] {rambler} KITD L .00
[10:30] {Threei}  wow.... can it be that UNG traders get a break for once
[10:32] {dino} joining you rambler
[10:32] {Threei}  MGM S&P revises outlook to Positive from Stable
[10:33] {rambler} misery loves
[10:33] {dino} :O
[10:34] {dino} out ges .72, +.37
[10:34] {Threei}  (EU) EU has agreed to lessen the capital requirements insurers must have under the solvency structure - financial
[10:34] {Threei}  hmmm
[10:34] {cipher} +.28 ges thx dino
[10:34] {Threei}  sounds like a slippery slope
[10:35] {rambler} out   +.20
[10:35] {rambler} early
[10:35] {Les} out + .30 ty rambler
[10:35] {Threei}  gk guys
[10:35] {dino} yw cipher
[10:35] {rambler} yw...
[10:35] {dino} out kitd .30, ty rambler, +.30
[10:36] {rambler} :D
[10:36] {cipher} wtg rambler
[10:36] {dino} wasn't there an old dodge car called rambler?
[10:37] {nemo} Nash Rambler
[10:37] {rambler} rambler 550 classic station wagon.....
[10:37] {rambler} first
[10:37] {nemo}
[10:37] {dino} showing my age (which advances on Saturday)
[10:37] {rambler} me too...
[10:37] {nemo} it advances every day
[10:38] {dino} good point
[10:38] {Threei}  let's not take our usernames from our first cars, I'd hate for you to call me Zhiguli 06
[10:38] {rambler} plus I love to ramble....(wander...?)
[10:39] {dptl} lol
[10:39] {rambler} what colour was it...?
[10:39] {Threei}  blusihh green... or greenish blue...
[10:39] {rambler} I thought you might say..3, black
[10:39] {Threei}  something like a color of a rotten sea wave
[10:40] {rambler} lol
[10:40] {nemo} wow rambler you must be really old
[10:40] {Les} older than you Nemo?
[10:41] {Beau} anyone remember Crosley?
[10:42] {dino} no
[10:43] {nemo} yeah, he's quoting Henry Ford
[10:43] {Beau} almost tin can with rubber band motor
[10:43] {rambler} no, not so older than me..
[10:44] {Beau} but my first car in 52
[10:44] {rambler} my dad bought it new...
[10:44] {Threei} Long Setup:  LVS  57 break
[10:44] {dino} you're what 68 beau?
[10:44] {Threei}  pullback entry for .10 break
[10:45] {Threei}  .94 stop
[10:45] {Threei}  keeping it ery tight
[10:48] {Threei}  aim to take first partial near .10
[10:48] {Threei}  and ride the rest into the break and spike
[10:48] {Threei}  unless you are a hardcore scalper, in which case you need my consult like fish needs umbrella
[10:51] {Threei}  no go
[10:51] {rambler} rats....
[10:52] {Threei}  aggressive entries... less chance of working, tighter stops
[10:55] {dino} sm l .50 kitd
[10:56] {rambler} same....
[10:58] {Les} aikido time. c u's tomorrow
[10:58] {Threei}  take care les
[10:58] {Threei}  btw guys, reminder
[10:58] {Threei}  I'll kleave you tomorrow about 3 hours before close
[10:59] {Threei}  booked weekend up-island
[11:00] {rambler} another...?  didn't get your photo last weekend..?
[11:01] {Threei}  no, this is the only one
[11:01] {Threei}  wasn't goping anywhere last weekend
[11:02] {rambler} you mean you jammed...?   can't blame you with the weather...nuts
[11:02] {cipher} gld l .99
[11:02] {Threei}  it was planned for this weekend all along
[11:02] {Threei}  not last onr
[11:02] {cipher} out kitd +.10 thx dino
[11:03] {cipher} out gld +.11
[11:03] {Threei}  nice scalping footwork
[11:03] {cipher} ty
[11:05] {cipher} tna l .52
[11:06] {cipher} out .65
[11:07] {dino} gj
[11:07] {cipher} thx
[11:07] {cipher} missed lvs pullback long
[11:08] {Threei}  watching TZA
[11:08] {Threei}  for entry between .30 .35
[11:08] {dino} out kitd .83, +.33
[11:08] {cipher} wtg
[11:09] {dino} ty
[11:09] {rambler} good job dino, I was out for another .20...tks
[11:10] {rambler} still figuring this scanner...
[11:11] {dino} ;)
[11:17] {rambler} L .43
[11:20] {cipher} kitd l .79
[11:21] {Threei} Long Setup:  TZA  .3o break
[11:21] {Threei}  if stays above .25
[11:25] {Threei}  invalidated
[11:27] {Threei}  .25 was it
[11:27] {Threei}  but no clear setup
[11:29] {Threei}  wow... who sawed the leggs from under GLD?
[11:30] {dino} ?
[11:31] {Threei}  50 cents drop in three bars
[11:31] {dptl} Vad ,HIG?
[11:32] {Threei}  wort a try long but watch GS as a guide
[11:32] {dptl} OK TY
[11:32] {dptl} oops caps
[11:37] {rambler} oput SNDK....62...+.19
[11:38] {Threei}  ok, while no girls are around... thought dp's caps typing reminded me something... here it is:
[11:38] {Threei}
[11:41] {Beau} lol big time
[11:41] {Threei} Short Setup: GS  123 break
[11:41] {Threei}  smallish shares
[11:41] {Threei}  if stays under .15
[11:50] {Threei}  market trades by appointment
[11:50] {nemo} Quad witching
[11:51] {Threei}  AAPL Court in France has dismissed Samsung's claims against Apple on patents
[11:54] {rambler} CZR drop
[11:54] {Threei}  S&P downgraded Ukraine outlook to negative
[11:54] {Threei}  hey S&P, I did that in 1995
[11:56] {Threei}  market right now is as exciting as watching a nail sinking in yesterday's cake under its own weight
[11:57] {Threei}  (GR) IMF formally approves Greece second bailout package (as expected)
[11:57] {Threei}  **Reminder: On March 14th EU formally approved second Greece bailout package, as expected
[11:58] {Threei}  guys, I'll be back in about an hour
[11:59] {Threei}  if nothing changes news wise, slow creep-up is about to start, IMO
[11:59] {rambler} be it ever so
[12:02] {cipher} out czr +.31 ave thx rambler
[12:02] {rambler} KITD dropping again..
[12:02] {rambler} yw..
[12:03] {cipher} kitd going for db?
[12:05] {rambler} fishing for a piece of tail under 8.00
[12:06] {cipher} l kitd .09
[12:06] {dino}  kitd sm l .10
[12:06] {rambler} 8.20 was it...
[12:06] {rambler} 8.02
[12:08] {rambler} in at .10
[12:19] {rambler} spy pops....KITD  flat....
[12:20] {cipher} seller probably has a lot more shares to go
[12:20] {nemo} spy should go to .90 today
[12:21] {rambler} my T&s not moving ....barely
[12:21] {cipher} out kitd .25 +.16 stepping out for lunch
[12:22] {rambler} out same....but for
[12:23] {dino} lol just ate lunch
[12:51] {_scottie} _scottie is back
[12:52] {nemo} Vad...maybe you should make a PR release
[13:02] {dino} things are dead
[13:02] {nemo} so you must be getting an eyeful
[13:02] {cipher} lol dead people again
[13:02] {rambler} zzzzzzz....
[13:04] {dino} lol
[13:07] {rambler} missed LSTR...thinking too much...
[13:19] {Threei}  back
[13:21] {rambler} praise the Lord...
[13:21] {rambler} and pass the ammunition....
[13:21] {rambler} lol...going goofy
[13:22] {Threei}  hmmm... I see I could have stayed away for an hour more just as well
[13:23] {rambler} all quiet on the western front...
[13:24] {Threei}  at some poi nt all this quietness will resolve in another flash crash, lol
[13:24] {vijay} LVS short set up Vad? break .50
[13:25] {vijay} thoughts?
[13:25] {Threei}  hmmm
[13:25] {Threei}  it'd take serious SPY reversal and drop for that to work
[13:25] {vijay} oh ok
[13:25] {Threei}  and I just have no indications either way here
[13:25] {vijay} thx Sir
[13:26] {Threei}  if you want to roll a dice... sometimes it's a valid trade, with tight risk control
[13:26] {Threei}  ideally thouihg, it would work like this:
[13:26] {dino} out kitd .40, +.30 took awhile
[13:26] {nemo} tna might be worth a long here
[13:26] {Threei}  SPY sharply reverses and drops, LVS paues bfore breakding down just enough for entrym
[13:26] {Threei}  you grab it during this lag, then it follows
[13:27] {vijay} ah ok
[13:28] {nemo} not if spy drops .56
[13:28] {rambler} dino, looks like you don't put as much emphasis on SPY divergence for these capitulation plays...?
[13:30] {dino} they are usually trading in their own world
[13:30] {Threei}  they tend to trade independtly, rambler
[13:30] {dino} thats why they are capitting(?)
[13:30] {Threei}  three kinds
[13:30] {Threei}  sheep (follower)
[13:30] {Threei}  salmon (moving against the current)
[13:30] {Threei}  black cat
[13:30] {nemo} sheep?
[13:30] {Threei}  capitulations and news-caused moves are cats
[13:31] {rambler} which makes for a less complicated trade.....seems to me 
[13:32] {cipher} Vad I thought it was dead cat
[13:32] {vijay} the sheep usually have a lag to the leading indicator like SPY vad?
[13:32] {Threei}  lol cipher
[13:32] {Threei}  that's its definition vijay
[13:32] {cipher} like in dead cat bounce
[13:32] {Threei}  yeah, I got it
[13:32] {vijay} so track SPY for sheep
[13:32] {vijay} track news for cat.
[13:33] {vijay} what about salmons?
[13:33] {Threei}  mostly, but some of them may follow NDX ot their sector/group leader
[13:33] {vijay} mmm ok
[13:33] {Threei}  imagine a strong move in the financial sector led by JPM news,
[13:33] {Threei}  other stocks in that sector are likely to follow JPM
[13:33] {vijay} now it makes sense the comments that you ,nemo and dino make
[13:33] {vijay} gotcha
[13:34] {Threei}  which may in turn lead SPY instead of following it
[13:34] {Threei}  so, if you remember yesterda's call on WFC
[13:34] {vijay} yes
[13:34] {vijay} I did
[13:34] {Threei}  I used JPM as a leading indicator for it
[13:34] {vijay} ah got it- man you great!!
06[13:35] * Threei takes a bow
06[13:35] * Threei blushes
06[13:35] * Threei drinks heavily
06[13:35] * Threei blacks out
[13:36] {vijay} no seriously it has the best $600 bucks I spent on my trading education yet Vad
[13:36] {vijay} so AAPL and Intel can also act as indicators in the class of tech
[13:36] {Threei}  don't get ,e started... I can't help but cringe seeing multi-thousand courses that carry nothing but systematized information available everywhere fro free
[13:37] {vijay} true Sir
[13:37] {Threei}  and superagressive sales tactics
[13:37] {Threei}  get this:
[13:37] {Threei}  some imbecil phones me,
[13:38] {vijay} ok
[13:38] {Threei}  starts telling me about their 6K course
[13:38] {vijay} ha ha that does take the cake
[13:38] {dino} twc drop
[13:38] {Threei}  on many DVDs, listing all the technival indidcators know to humanity
[13:39] {Threei}  all available for free from elsewhere, and well systematized at that
[13:39] {Threei}  not sure why I fdidn't hang up,
[13:39] {Threei}  told him:
[13:39] {Threei}  man, I write my own courses, and they are authentic info, not just relying generic
[13:39] {Threei}  his next phrase does take the cake:
[13:40] {vijay} waht was it?
[13:40] {Threei}  Bur sir, it never hurts to review the basics, refresh your knowledge of it, andf maybe your next course will be even better
[13:41] {Threei}  at that point I switched to Russian, which is way richer in swearing than any other kanguage on earth...
[13:41] {dptl} lol
[13:41] {Threei}  lookie here:
[13:41] {Threei}
[13:42] {Threei}  all indicators under the sun, illustrated very well, sytematized throroughly
[13:42] {Threei}  all for free
[13:42] {vijay} :-)
[13:42] {Threei}  can you imagine paying 6K for this?
[13:43] {vijay} twc thx Dino
[13:43] {Threei}  f^%#*&ng ripoff artists
[13:43] {vijay} well some here have done the rounds Vad before fortunately stumbling into you.....
[13:44] {Threei}  I know... ask ese about 100+ trading books he read before running into TTR
[13:44] {Threei}  which he then gave to a local library
[13:45] {Threei}  leaving TTR and MPP
[13:45] {Threei}  not that there is no any singkle good book of course, lol
[13:45] {vijay} ha ha
[13:46] {Threei}  but the short list at is about all one really needs
[13:49] {vijay} by the way Vad how do you track salmons
[13:49] {dino} gold spiking
[13:49] {Threei}  3 ways
[13:50] {Threei}  divergence window in the scanner
[13:50] {vijay} ok
[13:50] {Threei}  showing stocks that trade above or below expectations
[13:50] {dino} gj vijay
[13:50] {Threei}  DBI during uptrending market
[13:50] {Threei}  and JBE during downtrending market
[13:50] {vijay} ok ... 
[13:51] {Threei}  have a look at OAS
[13:51] {Threei}  SPY is near the high, OAS is near the low
[13:51] {vijay} ah ok
[13:52] {Threei}  SNDK
[13:52] {Threei}  DECK
[13:52] {vijay} got it thanks for the explanation
[13:52] {Threei}  there is a good chance that they are going to break down when SPY reverses
[13:52] {vijay} ok
[13:53] {rambler} sndk l sm .20
[13:58] {rambler}'t see your sndk post...
[13:59] {rambler} think positive....
[13:59] {Threei}  .14 stop?
[13:59] {rambler} yes,  tight stop
[14:00] {rambler} good support from yesterday around there..
[14:00] {rambler} 49.17 bouce yesterday..
[14:02] {Threei}  yeah... I just hate to go long when they restest the low so persistenly, and during strong market, no less
[14:06] {rambler} out sndk   +.20
[14:07] {Threei}  wtg
[14:07] {rambler} tks V
[14:11] {nemo}
[14:16] {Threei}  is there any way to confirm the authencity of this, I wonder
[14:16] {nemo} well, it's on the CFTC website, we'll see if it stays there
[14:16] {Threei}  I mean, I could write it if I spoke English
[14:16] {nemo} true
[14:18] {Threei}  hmmm
[14:19] {Threei}  this part makes me think it's likely to be a bs:
[14:19] {Threei}  However, with that said, we are manipulating the silver futures market and playing a smaller (but still massively manipulative) role in manipulating the gold futures market. We have a little over a 25% (give or take a percentage) position in the short market for silver futures and by your definition this denotes a larger position than for speculative purposes or for hedging and is beyond the line of manipulation.
[14:20] {nemo} could be but arguably, silver and gold are enemies of the keynesian central bank model, so I can see every central bank blessing such actions
[14:21] {Threei}  this is way more complicated than that
[14:21] {Threei}  majority of gold is held by CBs
[14:21] {dino} most likely some fraud writing
[14:22] {nemo} could be, we'll find out
[14:23] {rambler} interesting read Vad...
[14:23] {Threei}  conspiracy about JPM and silver is so widespread, I find it hard to believe mid-level employees would be aware of it
[14:26] {dino} prlb spike
[14:29] {Threei}  White House: Remains committed to Afghan reconciliation process, despite Taliban's announcement of suspension of talks with US
[14:29] {Threei}  so, now we want to talk to Taliban and they reject... how did THAT happen
[14:33] {nemo} JPM might be in bounce territory
[14:33] {Threei}  unless loses .50
[14:33] {rambler} what's your read on GES Vad...?
[14:33] {nemo} .48 is a pivot level
[14:35] {rambler} GES s sm .95
[14:35] {Threei}  can't tell much
[14:35] {Threei}  narrow and slow
[14:37] {rambler} I had an order in at .99 but chickened out...
[14:38] {rambler} took the scalp...+.10
[14:39] {dino} damn, mailman rings doorbell and i miss prlb short
[14:42] {rambler} dang durn darn....GES..
[14:45] {dino} prlb spikes again
[14:46] {dino} midd spike
[14:51] {_scottie} .
[14:51] {dino} ,
[14:54] {Threei} Long Setup:  SLW  .50 break
[15:02] {Threei}  invalidated
[15:13] {Threei} Long Setup:  WFC  34 break
[15:25] {rambler} what
[15:25] {Threei}  no kidding
[15:26] {Threei}  I can't handle all the excitment
[15:26] {Beau} to trigger or not to trigger-that is the question
[15:27] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
[15:27] {rambler} I give up..I'm in
[15:27] {Threei}  me too
[15:27] {Threei}  last shares'
[15:27] {Threei}  at 34
[15:28] {Threei}  SPY breaks, GS breaks
[15:28] {Threei}  come on WFC
[15:29] {rambler} hopefully WFC not a red sheep....
[15:30] {rambler} a commie sheep...
[15:30] {Threei}  lol
[15:32] {Threei}  time for violence?
06[15:33] * Threei kicks WFC in the reear
06[15:33] * Threei kicks WFC in the rear with heavy duty steel toe army boots
[15:34] {rambler} nothing but blue sky above...
[15:34] {Threei}  nothing can replace the good violence effectiveness wise... NOTHING, I am telling you
[15:35] {Threei}  my stop is .94
[15:35] {Threei}  even if it doesn't work eventually, no way I lose more than 6 cents on it
06[15:36] * Threei pokes WFC in the ribcage with sharp stick
[15:36] {rambler} Vad, order up a breakout....
[15:37] {rambler} call
[15:38] {Threei}  Ivan the Enfrorcer?
[15:38] {Threei}  or Yuri the Kneecapshooter?
[15:38] {rambler} sounds reasonable....
[15:39] {Les} what are we in?
[15:39] {Threei}  WFC, with .94 stop
06[15:40] * Threei pokes WFC in the ribcage with electrocharged sharp stick
[15:40] {dino} thought you were vlad the impaler
[15:41] {Threei}  I gave that title up dino, extremely inconveniet to comb one's hair
[15:41] {Threei}  may re-acquire it when there is none left
[15:41] {dino} lol
[15:42] {Threei}  I don't know guys, GS and JPM retreat... maybe lest trail to .98
[15:43] {Threei}  minimize risk to non-existent
[15:43] {Threei}  but still leave it a chance as ,long as it holds above the breakout level
[15:44] {dino} gotta hop. thx all good day overall.
[15:44] {Les} cheers
[15:45] {Threei}  take care dino
[15:45] {Threei}  wer grabbef two more winners yesterday after you left
[15:45] {rambler} thx dino, cya in the a.m...
[15:45] {Threei}  may WFC follow thwe suit
[15:46] {Les} who, me?
[15:46] {Threei}  no, dino
[15:48] {Threei}  GS sharp drop
[15:48] {Threei}  likely to drag WFC with it
[15:49] {Threei}  ok
[15:49] {Threei}  out
[15:49] {Threei}  -.02
[15:49] {Threei}  will cry till tomorrow morning about this sizeable loss
[15:49] {rambler} we fought the good fight Vad....
[15:50] {_scottie} bye everyone and thanks
[15:50] {Threei}  in retrospect, seeing how thick it is, should have just grabbed a scalp
[15:50] {rambler} going x eyed there waiting for that bloody thing to
[15:50] {Threei}  take care scottie, see you tomorrow
[15:51] {rambler} I'm done...thx Vad and all...
[15:51] {rambler} learned more again today...
[15:51] {dptl} see ya tomorrow all.....
[15:53] {Threei}  thank you all
[15:53] {Threei}  have a good evening, see you tomorrow
[15:55] {nemo} should be big gap up tomorrow
[15:59] {Threei}  look at WFC
[16:00] {Threei}  SPY S&P 500 index closes above 1,400; Highest since June 2008