Wednesday, March 21, 2012

March 21 2012

Decent day, albeit a bit boring but what else is new. Enough trades worked to make it worth waking up. Now, if one had also suit up and negotiate traffic to the office, that would be different story.

Session Time: Wed Mar 21 00:00:00 2012
[09:04] {Threei}  yawn
[09:07] {Threei}  amazes me how every time I say something about transaction tax, someone pops up praising it as a weapon against HFT
[09:08] {Les} Heaven forbid an environment that makes it unprofitable for HFT to operate
[09:09] {Threei}  I am yet to understand why they all want HFT gone... except fprquote stuffing side of it, which needs to go
[09:09] {Threei}  as for the rest, what do they care?
[09:10] {Les} I think that's the problem.
[09:10] {Threei}  little ingornace goes long way
[09:10] {Threei}  they are told HFT makes market go this or that way
[09:10] {Les} no differentiating between HFT and quote stuffing, which is what appeared to crash the market May 6 if I understand correctly.
[09:10] {Threei}  no one gives a secvond thought to the concept of HFT operating in milliseconds and fraction of a cent, thus by definition being direction neutral
[09:11] {Threei}  not really
[09:11] {Les} nope?
[09:11] {Threei}  quote stuffing is a bad practice, no doubt about it
[09:11] {Threei}  but it has nothing to do with
[09:11] {Threei}  flash crash
[09:11] {Les} I thought quote stuffing was delaying quotes or something like that. Serious arbitrage was building...
[09:12] {Threei}  oh and the idea that during market turbulence HFT will waithdraw, so it need to be culled now...
[09:12] {Threei}  no...
[09:13] {Threei}  quote stuffing puts in and pulls off thousand of bids and offers away from market,
[09:13] {Threei}  poptentially slowing quotes down from .00000001 to ,0000001
[09:13] {Threei}  to take advantage of slower competitor
[09:14] {Les} ok
[09:14] {Threei}  so what? how does it make market drop 1000 points?
[09:15] {Beau} good morning all
[09:15] {Threei}  beau :)
[09:15] {_sciborg} gm
[09:15] {Threei}  morning sciborg
[09:15] {_sciborg} :)
[09:18] {Threei}  is everything OK with mibbit?
[09:19] {Threei}  a lot of olks are unusually late
[09:20] {rambler} gm
[09:20] {Threei}  rambler :)
[09:21] {Threei}  have you found out about your issue with order?
[09:21] {nemo} gmcr, see that
[09:22] {rambler} did a bunch of poking around last night...
[09:22] {rambler} have Sterling PDF's to work thru today...
[09:23] {Threei}  GMCR Starbucks and Green Mountain Coffee expand strategic relationship
[09:23] {rambler} probably more to do with me than anything else
[09:23] {rambler} some button unchecked...
[09:23] {Threei}  I think nemo may have nailed the possible reason: if you made your orders hidden they may remain overridden by other venues
[09:24] {rambler} you can't hide orders on Sterling apparently..
[09:25] {Threei}  FCX strong
[09:27] {Threei}  hmmm... what the deuce
[09:29] {Threei}  about 10 folks are not connecting
[09:29] {Les} more loot for the rest of us
[09:29] {Threei}  lol
[09:30] {Threei}  FCX
[09:30] {Threei}  watching for long into drop
[09:31] {Threei} Long Setup:  FCX  .60 break
[09:31] {Threei}  if stays above .50
[09:32] {Threei}  let�s put a stop at .53
[09:33] {Threei}  out
[09:33] {Threei}  was too hesistant, let�s let it drop more
[09:34] {Les} out +.08 short
[09:34] {Les} .18 half pivot support
[09:34] {Threei} Long Setup:  FCX  .30 break
[09:35] {Threei}  .24 stop
[09:35] {Threei}  half out
[09:35] {Threei}  stop to .29
[09:36] {dptl} good morning all
[09:36] {Threei}  dp :)
[09:36] {Threei}  bring note from your parents explaining why you are late
[09:37] {Threei}  offer 1/4 more above .45
[09:37] {Threei}  here
[09:37] {Threei}  out
[09:37] {Threei}  stop to .34
[09:37] {Threei}  and offer around .55
[09:38] {Threei}  out
[09:39] {Threei}  .53
[09:39] {Threei}  a bit early
[09:40] {thomcbell} excellent Vad 
[09:40] {Threei} Short Setup: X  31 break
[09:41] {Threei}  if stays under .05 scalpers, .10 day traders
[09:42] {thomcbell} fcx - any news for this enthusiasm?
[09:42] {thomcbell} bhp still red
[09:42] {Threei}  no go X
[09:42] {Threei}  no news on FCX
[09:43] {Threei}  SEED lost its mind
[09:43] {thomcbell} ah even more bullish 
[09:44] {Threei} Short Setup: LVS  .60 break
[09:44] {Threei}  if stays under .70
[09:45] {nemo} two way?
[09:45] {Threei}  two-sided actually
[09:45] {Threei}  yes
[09:46] {nemo} nobody wants to smack that offer yet
[09:47] {Threei}  market feels like half of players didn�t come out to play today
[09:47] {nemo} bearded clam speaking and numbers at 10
[09:47] {Les} X rinse
[09:47] {Threei}  yeah
[09:47] {Threei}  let�s scratch the long
[09:48] {Threei}  doesn�t feel right
[09:48] {nemo} feels like if it breaks it'll drop
[09:48] {Les} l tza .70 stop under .60
[09:48] {nemo} well, so much for that
[09:48] {Threei}  jumps instead, into dropping SPY
[09:48] {Threei}  shrug
[09:49] {Threei}  that�s not a kind of action I can read
[09:49] {Threei}  1:2, lol
[09:49] {Threei} Long Setup:  SLW  .90 break
[09:49] {Threei}  stop under .80
[09:50] {Threei}  what the deuce ws that on LVS
[09:50] {Threei}  can I have my long back?
[09:51] {Threei}  no go SLW
[09:51] {Threei}  I officially don�t like this morning
[09:52] {Les} I've avoided X and SLW. conflicting macd
[09:53] {Les} half out tza .79
[09:54] {rambler} wow...X
[09:54] {Threei}  LVS again
[09:54] {Threei} Long Setup:  LVS  .70 break
[09:54] {Threei}  if stays above .60
[09:55] {Les} all out tza .88 +.17
[09:55] {Threei} Long Setup:  Z  .60 break
[09:55] {Threei}  if stays above .50
[09:55] {nemo} "Z"?
[09:55] {Threei}  X
[09:55] {Threei}  grrr
[09:56] {Threei}  LVS 1:1
[09:57] {Threei}  X 1:1
[09:57] {Les} out here ty
[09:58] {Threei}  yw
[09:58] {Threei}  a bit better... far from great though
[10:00] {Threei}  *(US) FEB FEB EXISTING HOME SALES: 4..59M V 4.61ME
[10:00] {dino} rbn
[10:02] {Threei} Long Setup:  CAT  .50 break
[10:02] {Threei}  half lot
[10:02] {Threei}  if stays above .40
[10:03] {Threei}  invalidated
[10:03] {Les} l rbn .81
[10:03] {thomcbell} rig gap fill at 56.15 wil look for a pattern to emerge down there for a quick scalp 
[10:04] {dino} sm l .70
[10:05] {Les} out .45
[10:07] {thomcbell} also watching qcom for a double bottom down here 
[10:08] {Threei} Long Setup:  TNA  .90 break half lot
[10:08] {Threei}  stop under .75
[10:09] {Threei}  no go
[10:13] {Threei}  rinse
[10:14] {Threei}  seriously weird day today
[10:14] {dino} twin sm l .45
[10:14] {Les} potential sell off building up
[10:21] {Threei} Long Setup:  X  .80 break
[10:21] {Threei}  if holding .70
[10:24] {rambler} out RBN   .35   tks dino
[10:25] {Threei}  stop to .75
[10:25] {Les} I took half at .79 so all out flat ty
[10:25] {Threei}  .89 you mean
[10:26] {Les} yeh that too
[10:26] {Threei}  lol
[10:28] {Threei}  1:1
[10:28] {dino} gj rambler
[10:30] {Threei}  *(US) DOE CRUDE: -1.2M V +2.5ME; GASOLINE: -1.2M V -2.5ME
[10:31] {rambler} WPRT dropping
[10:32] {Threei}  out in full .98
[10:32] {Les} will reduce shares to just 10 and work to improve entry on stocks like RBN. 3rd try netted +.04 before chickening out.
[10:32] {rambler} missed...lol
[10:33] {rambler} got X tks V
[10:34] {Threei}  :)
[10:35] {rambler} X good short here...
[10:35] {Threei}  the day is profitable so far but for sdome reason I feel quite unsatisfied
[10:35] {Threei}  don�t feel like I have a firm grasp on what�s ahppening
[10:36] {rambler} top...lol
[10:36] {rambler} sorry....missed there...
[10:37] {rambler} trying to say I ended up staying in first X short..
[10:37] {dino} rbn to .38
[10:37] {dino} to .40
[10:37] {rambler} too slow getting out at .10 stop...lol
[10:37] {dino} to .48
[10:38] {dino} to .50
[10:38] {rambler} who says the BUNNY always wins...
[10:38] {dino} out rbn .50, +.80
[10:38] {rambler} beauty dino...
[10:38] {Les} I enjoyed watching you do that. Nice
[10:39] {Threei}  wtg
[10:39] {rambler} now TWIN...
[10:39] {thomcbell} qcom i suppose that 66.20 break was a long entry - i decided against it 
[10:40] {dino} ty
[10:42] {thomcbell} fcx big battle being waged 
[10:47] {dino} rbn drop
[10:50] {Threei}  feels like selloff in the cards
[10:50] {Threei}  can we get lucky to catch TZA on pullback to .85?
[10:50] {nemo} spy and iwm at pivots
[10:51] {dino} panl sm l .84
[10:52] {Threei}  stop would be under .75
[10:52] {Threei}  missed entry so far
[10:52] {Les} vwap .86
[10:52] {Threei}  one nmore dive
[10:52] {Threei}  please?
[10:52] {Les} X short setup here?
[10:52] {Threei}  if not, I�ll take .90 break
[10:53] {Threei}  if SPY sharp drop materializes, then yes, break of 31 will be a trigger
[10:54] {Threei}  both trades are on
[10:54] {Threei}  TZA stop is a choice between under .80 and .75
[10:55] {Threei}  both are valid
[10:55] {Les} half out
[10:55] {Threei}  Z is very obvious
[10:55] {Threei}  X
[10:55] {Threei}  TZA 1:1
[10:55] {Threei}  not a scalp though
[10:55] {Threei}  partialing
[10:56] {Threei}  The Goldman Sachs Group Inc Said to have lost request to dismiss lawsuit related to CDOs - financial press**Note: Various US regulators have launched probes into mortgage bond transactions. In Nov, it was reported that the SEC planned to file further CDO-related charges against certain Wall St firms. Also in late Jan, the DoJ announced the creation of a working group which will deal with mortgage-backed bond fraud.
[10:57] {Threei}  getting better read on market, this intuition about drop coming was right on money
[10:58] {Threei}  TZA target 18.20
[10:58] {Les} well drink more vodka, eat more bacon or whatever you're doing right...
[10:58] {Threei}  good idea...
[10:58] {Threei}  crumble some bacon in vodka...
[10:58] {dptl} did i hear vodka?
[10:58] {Les} could be support here
[10:59] {Threei}  if SPY loses 140, we are golden
[10:59] {Les} aah that looks better
[10:59] {Threei}  here we go
[11:00] {Threei}  dp... ese still remembers fondly that AK-47 filled with stuff :)
[11:00] {Les} X dumped
[11:00] {Threei}  he should be back from Italy next week
[11:01] {Les} all out tza +.09
[11:01] {dptl} :)
[11:02] {Threei}  X 1:1
[11:02] {Threei}  day becomes much brighter
[11:03] {Les} frikit. there was one print of .06. I walked
[11:03] {nemo} iwould get out of tza,think spy gonna come back here
[11:04] {nemo} this is feeling more like a scalp both sides day
[11:04] {Les} l tna .01
[11:04] {dino} crr blood
[11:04] {nemo} ahhh...les...
[11:04] {Threei}  with stop at b/e I�ll let it resolve itself
[11:04] {nemo} be careful about playing obvious breakout levels
[11:04] {nemo} nice though
[11:05] {Les} half .10
[11:05] {Les} all out .20
[11:06] {Threei}  nice
[11:06] {Les} ty
[11:08] {nemo} Les...notice where the pivot and VWAP were?
[11:08] {Les} yeh. nice target point
[11:08] {nemo} I find on these index related etfs that those levels make good targets
[11:10] {Les} now, can we use that resistance as new break out trigger....
[11:11] {nemo} it's hard to say, nothing has a trend feel, but the odds are with spy trying to get to pivot and vwap...I'm just not a fan of obvious break outs today
[11:17] {rambler} DECK drop..
[11:20] {dino} 07 green
[11:26] {Les} TLT seeking new hod. hmmmm
[11:26] {rambler} MTOR L 8.24 ....day trade
[11:30] {thomcbell} interesting tight range on eqix 
[11:31] {thomcbell} long setup 145.01 1/2 lot if holds 144.64
[11:34] {_sciborg} Stocks
[11:34] {_sciborg} opps srry..wrong window :(
06[11:35] * Les slaps _sciborg around a bit with a large trout
[11:35] {Threei}  unforgiving crowd
[11:35] {Threei}  lord save you from tripping and falling down while having them around, sciborg
[11:35] {dino} lol
[11:35] {_sciborg} lol
[11:35] {Threei}  there is no way they let you get up ever again
[11:36] {nemo} think cat bottomed
[11:36] {dino} fracking stocks hit today, crr, twin, rbn
[11:37] {dino} twin to .86
[11:39] {dino} out twin .86, +.41
[11:43] {thomcbell} rig?
[11:43] {dino} sm l wprt .75
[11:43] {thomcbell} must be some type of chatter about spx 500 add
[11:43] {thomcbell} just exploded
[11:43] {Threei}  I don�t see any news
[11:44] {nemo} cat
[11:44] {Les} dg
[11:44] {Les} db
[11:44] {Threei}  needs to hold .30
[11:45] {nemo} 108 next level
[11:45] {nemo} 109, sorry
[11:45] {Les} 3 min is positive
[11:45] {nemo} so wasn't your clap test
[11:46] {Les} nice try
[11:46] {nemo} wow...don't know where that came from
[11:46] {Les} l .35 stop under .20
[11:47] {Les} cat
[11:48] {nemo} les, where's the gap?
[11:49] {Les} between my front teeth?
[11:49] {nemo} good one, wasn't thinking that
[11:50] {nemo} .96
[11:50] {rambler} WPI surge...
[11:50] {Les} out .19
[11:50] {nemo} and rig rambler
[11:50] {Les} macd lining up. just waiting for the entry
[11:51] {nemo} might want it to break the downtrend 1st since it's lunchtime
[11:53] {rambler} you still in PANL dino..?
[11:54] {dino} unfortunately, yes. stop is .48
[11:54] {nemo} you have 3 levels betweeen 109.31 and 108.66 of possible support in cat
[11:54] {rambler} lol..
[11:54] {dino} wprt stop is .74
[11:55] {dino} pqanl stop
[11:56] {rambler} it is these times when buying 100 shares is a good thing...
[11:58] {dino} wes spike
[11:58] {dino} peet spike
[11:58] {dino} wprt to .79, not liking it
[11:58] {dino} out +.04
[12:00] {dino} wtf wprt
[12:00] {rambler} crap...
[12:00] {rambler} that is just not right...
[12:01] {rambler} big green candles..
[12:01] {Les} cat .22 to .32 half out
[12:01] {dino} back in ten
[12:03] {Les} out 2nd half +.01. now looking for new low new high from here
[12:03] {Les} CAT starting to reverse course
[12:11] {Les} l CAT .50 stop below .40
[12:13] {Les} half out .55
[12:15] {Les} all out .59
[12:18] {dino} gj
[12:18] {nemo} where's vwap les?
[12:18] {nemo} what's the trend doing?
[12:23] {Les} sorry, drinkies time
[12:23] {Les} was looking for failure here and return to support. Didn't happen
[12:23] {nemo} that's a good reason to exit the stock
[12:23] {Les} no, I bought with that thrust into trigger
[12:23] {Les} made me nervous
[12:23] {Les} got out quick
[12:24] {Les} but no stopping yet
[12:24] {Les} lets try .60 support
[12:25] {Les} vwap 110.15
[12:28] {dino} panl last try sm l .75 trig
[12:31] {Les} back at 2pm. cheers
[13:02] {Beau} .
[13:03] {Threei} Long Setup:  TZA  .65 break
[13:03] {Threei}  if stays above .60
[13:03] {Threei}  and if this one is stopped, it�s Beau�s fault for waking me up
[13:04] {Beau} uh oh
[13:04] {Threei}  if it works however, credit is all mine, for being alert and ready
[13:04] {Threei}  sounds fair?
[13:05] {Threei}  1:1
[13:05] {Threei}  half out
[13:05] {Beau} no fair
[13:05] {Threei}  good... just as nemo likes it
[13:05] {Threei}  �deservin� ain�t got nothin� to do with it�
[13:06] {Threei}  stop to .64
[13:06] {Threei}  let�s see if we can get .75 break
[13:06] {nemo} ;)
[13:07] {Threei}  see? nemo is all smiles when hears �not fair�
[13:07] {nemo} orgasmic
[13:10] {Beau} do I get a percentage?
[13:11] {Threei}  for what?
[13:11] {rambler} not liking PANL today...
[13:12] {Threei}  credit is all mine, remember?
[13:12] {Threei}  out .79
[13:12] {Threei}  nice and easy
[13:12] {Beau} ok back to sleep
[13:12] {Threei}  but you can kee all the profits from it... is it not good?
[13:12] {rambler} missed TZA....had to let dogs out....
[13:12] {Threei}  ugh
[13:12] {Threei}  fine the dogs
[13:13] {rambler} durn animals...
[13:13] {Threei}  strangerly easy play for this time of the day
[13:13] {Threei}  with a very low risk
[13:13] {Beau} ok will kee them
[13:13] {Threei}  allowed for double lot
[13:14] {dptl} amrn .10 short?
[13:17] {dino} orcl sm l .75
[13:18] {dino} ypf drop
[13:20] {dino} sm l .98
[13:20] {dino} out ypf .28, +.30
[13:21] {rambler} fast money dino...gj
[13:22] {dino} ty
[13:22] {dino} why ctas down
[13:24] {dino} shld blood
[13:27] {dino} seems to me orcl, air, ctas all decent reports that got sold
[13:29] {dino} air sm l .24
[13:38] {dino} ctas sm l .00, stop .94
[13:42] {dino} ipgp sm l .79
[13:43] {nemo} ctas got a way to the gap
[13:52] {Les} what r we in?
[13:53] {Threei}  as if you don�t know
[13:53] {Les} it's all happening hey?
[13:53] {Threei}  but you did miss a good one
[13:53] {Les} ?
[13:54] {Threei}  TZA 1:3
[13:54] {Les} cool
[13:55] {Les} .65 break?
[14:00] {Threei}  yup
[14:00] {Threei}  the best part was, we agreed with Beau - it was to be his fault if stopped and my credit if worked
[14:00] {Threei}  so I felt very safe
[14:01] {Beau} who agreed?
[14:01] {Threei}  well... one-sided agreement is still agreement, right?
[14:01] {Beau} sounds like marriage
[14:01] {Threei}  I agreed to it, you agreed to disagree... in the end, everyone agreed to something
[14:02] {Threei}  which is more than can be said about UN, EU and US Senate
[14:02] {Beau} agree with that
[14:03] {Threei}  and remember... e squeezed a smile out of nemo
[14:03] {Threei}  which is not a small feat in and of itself
[14:03] {dino} ctas stop -.06
[14:08] {dino} air stop -.14
[14:09] {Les} FDX break of .65?
[14:09] {Les} if holding .75?
[14:10] {Threei}  tough call
[14:10] {Threei}  seems to be destined to shake you out whichever way you chose
[14:10] {Les} ok
[14:12] {dino} ipgp to .10
[14:15] {Les} fcx looking short here
[14:15] {Les} .95?...  .90?
[14:16] {dino} out ipgp .13, +.34
[14:16] {dino} orcl to flat, thing doesn't move
[14:16] {Threei}  pushing it Les
[14:16] {Threei}  wait for a real play
[14:16] {Les} sigh
[14:16] {nemo} market is dead
[14:16] {Threei}  meanwhile, nemo can translate it:
[14:16] {Threei}  http://www.youtube.com/watch?v=TtXWWRyJLPw
[14:17] {Les} back to my bottle then
[14:17] {Les} pretty funny
[14:18] {dino} panl to flat
[14:19] {dino} cndo spike
[14:19] {Les} CAT bounce of support. maybe a return to .15. Or it just can't drum up buyers today?
[14:23] {Threei}  this can be a play, just a bit later
[14:23] {Les} looking at tza .71. Not sure market wants to give ground here.
[14:25] {Les} l tza .71 stop under .65
[14:27] {Les} half out .76
[14:30] {dino} pxd sm l .48
[14:33] {Les} 2nd half -.04 :P
[14:34] {Threei}  torturing it, eh?
[14:34] {Les} getting greedy
[14:34] {Les} scalp only
[14:41] {nemo} August trading in March...
[14:41] {Threei}  just let this market reverse
[14:42] {Threei}  the firework we ae going to see, oy
[14:42] {nemo} not gonna happen until we have a crisis...if interest rates don't go up, why would money leave stocks
[14:42] {Threei}  ummm
[14:42] {nemo} why sell?
[14:42] {Threei}  run out of buyers
[14:42] {Threei}  and boat tips over
[14:42] {Les} well I'm still here standing
[14:43] {nemo} have to be an alternative in which to put your money
[14:43] {Threei}  with no other reasons
[14:43] {nemo} there isn't
[14:43] {Threei}  if panic starts, people will simply go to cash
[14:43] {nemo} that's why I said we need some crisis
[14:43] {nemo} no reason to go to cash otherwise
[14:43] {Threei}  no
[14:43] {Threei}  that�s mistaken
[14:43] {Les} gentle IWM lifting possible going into close. Looking at TNA here.
[14:44] {Threei}  there no need for a specific reason in fundamental realm
[14:44] {dino} have to agree w/nemo, plus most are still in cash
[14:44] {Les} there's still cash out there?
[14:44] {nemo} stocks not in a vacuum
[14:44] {Threei}  in fact, I am confident in opposite:
[14:44] {nemo} real estate not a real good idea
[14:44] {nemo} bond market not a real good idea
[14:44] {dino} lots, little guys are still sidelined
[14:44] {nemo} cash in money market, not a real good idea
[14:45] {Threei}  top and reversal will be made with no visible and explicable reason whatsoever
[14:45] {nemo} Spain collapsing, cash might be a good idea
[14:47] {Les} well I see TLT lifting here in daily. got maybe 4 points to run to resistnace
[14:48] {Les} Hope this is not the next 5 sessions we've just previewed today
[14:49] {Les} or I'm gonna have to order another carton of wine
[14:49] {rambler} get the one with the wheels Les...
[14:50] {rambler} and a string to tow it around...
[14:50] {Les} and a metre long straw
[14:51] {rambler} sounding better by the second...lol
[14:51] {Threei}  ok, who is very very bored,
[14:51] {Threei}  googlwe �alberta widlrose campaign bus�
[14:52] {rambler} booby bus...
[14:54] {Les} god you guys are so titty starved, repressive blah blah blahs
[14:54] {Les} she'd have to be naked to get that sort of attention in Europe
[14:56] {Les} IWM MACD hourly risks rolling over here with MACD zero line resistance.
[14:56] {rambler} havn't seen it..just heard on radio...
[14:57] {Les} even naked, the french'd probably vote for her over Sarkozy
[14:57] {Threei}  you heard on radio about MACD zero line resistance??
[14:57] {dino} pxd stop -.19
[14:57] {Threei}  boy... you need to change channels
[14:57] {Threei}  or whole new radio
[14:58] {Les} someone's bored...
[14:59] {dino} frigging rinse, thats 3 today
[15:18] {dino} semg spike
[15:19] {dino} sm s .70
[15:19] {Les} l tna .11 stop below .00
[15:20] {nemo} why?
[15:25] {Les} out
[15:25] {Les} looking for one last squeeze
[15:29] {Threei}  you had the right idea on CAT
[15:29] {Threei}  and it did trigger in a while
[15:29] {Threei} Short Setup: X  .40 break
[15:29] {Threei}  if stays under .45
[15:31] {Les} beautiful run on CAT. One rinse and then up and away
[15:31] {Les} But I have memory of a goldfish
[15:32] {dino} bstop to semg .76, back in ten or so
[15:34] {Les} wow FDX to resistance on daily. Nice cup. might reverse here
[15:35] {Les} fcx two way here?
[15:35] {nemo} NOTHING IS MOVING
[15:36] {Les} where's that ignore button...
[15:36] {nemo} up your ass
[15:36] {Les} rofl
[15:36] {nemo} sorry janitor
[15:36] {dptl} lol
[15:36] {Threei}  sigh
[15:36] {Threei}  this so goes into log
[15:37] {nemo} imo...you're jonesing for a trade Les
[15:37] {rambler} check SCHL ...
[15:38] {rambler} it's moving...
[15:38] {nemo} would have needed a big stop
[15:38] {rambler} but not with me...
[15:39] {nemo} to structure it correctly you would
[15:40] {nemo} now you could make an argument for gmcr long here, but...not sure it doesn't want to get to .30 area that is closer to vwap
[15:42] {Les} http://vimeo.com/14177368
[15:42] {Les} if trading don't kill me, this will
[15:43] {Les} gonna get some cash togethor for doing that
[15:43] {nemo} saw one recently guy bounced off the rocks
[15:43] {Les} I can see the parrallels with trading
[15:44] {Les} risk management paramoutn
[15:45] {Les} but shit, those peaks are my back yard
[15:46] {nemo} guy does it with no helmet=organ donor
[15:46] {rambler} great vid Les..
[15:46] {nemo} Brian Shannon links to those constantly
[15:46] {rambler} GMCR working..
[15:46] {nemo} see GMCR
[15:46] {Les} yeh picked it up off him
[15:47] {nemo} yeah Rambler...double bottom, a little late for me in  a range bound day
[15:49] {dino} semg to .60
[15:49] {dino} dmnd spike
[15:50] {rambler} MTOR to .46..
[15:50] {rambler} another .04 pls..
[15:51] {dino} to .50
[15:51] {dino} cov .51 slip, +.19
[15:55] {dino} hayn drop
[15:56] {rambler} out MTOR .43    + .13
[15:56] {rambler} hoping for .20
[15:58] {Threei}  didn�t get a whiff of this last minutes selling
[15:58] {Threei}  so haven�t utilized it
[15:59] {Les} http://vimeo.com/22439234
[15:59] {Les} one last vid to wind down for the day
[15:59] {Les} c u's tomorrow
[16:00] {dino} thx all, good time
[16:00] {dptl} have a good night all
[16:00] {Threei}  thank you all, have a good evening
[16:00] {Threei}  see you tomorrow
[16:00] {nemo} Go figure spy and iwm closed on their daily pivots
[16:02] {rambler} cu all tomorrow...tks Vad