Wednesday, April 4, 2012

Apr 04 2012

(Course on chart pattern recognition is available now: ) 

Strong nice day with profitable trades in both directions and throughout the whole day. No interesting charts, just "another day in the office" kind of trades.

Session Time: Wed Apr 04 00:00:00 2012
[07:57] {_pepiolas} gm
[08:38] {Threei}  morning
[08:39] {nemo} .
[08:39] {Threei}  your point is?...
[08:40] {nemo} _
[08:40] {Threei}  ok... your three points are?...
[08:40] {nemo} an ellipsis
[08:41] {cipher} gm
[08:41] {nemo} gruess gott
[08:41] {cipher} :-)
[08:41] {Threei}  cipher :)
[08:52] {_sniper} gm
[08:52] {Threei}  sniper :)
[08:56] {nemo} kinda' funny huh, Vad.  What were we talking about after my brother's investment recommendation..hehehehehe
[08:56] {Threei}  ugh... remind me...
[08:56] {Threei}  memory span of a moth
[08:57] {nemo} my construction worker brother saying it was time to take more risk in the market
[08:57] {Threei}  ah yes
[09:09] {Threei}
[09:09] {dptl} morning all
[09:09] {Threei}  dp :)
[09:10] {dino} gm
[09:10] {Threei}  dino :)
[09:11] {dino} lol nemo, when my attorney goes long we know the top is in
[09:11] {Threei}  I still stick with shoe shining boy indicator
[09:12] {Les} morn
[09:12] {Threei}  les :)
[09:18] {Beau} good morning
[09:18] {MigC}  good morning
[09:19] {Threei}  beau, migc :)
[09:19] {Threei}  got e-mail calling for Nov occupy movement action... motto:
[09:19] {Threei}  STOP WAR.
[09:19] {Threei}  CANCEL ALL DEBT.
[09:19] {Threei}  REDISTRIBUTE WEALTH.
[09:19] {Les} sounds good
[09:19] {Threei}  and very familiar
[09:20] {Threei}  that�s how 1917 sounded in Russia
[09:20] {Threei}  want to know what happened next?
[09:20] {Les} they all sat down and drank tea together?
[09:20] {Threei}  we can only wish
[09:22] {rambler} gm..
[09:23] {Threei}  rambler :)
[09:23] {andj} gm
[09:24] {Threei}  andj :)
[09:24] {Threei}  so far no clear idea for the first trade
[09:24] {Threei}  will wait a few minutes
[09:24] {dino} .
[09:29] {Les} dollar up big and silver down even more. gotta be cries of conspiracy this morning
[09:29] {Threei}  aren�t there always
[09:29] {Threei}  market goes up - manipulation... market drops - manipulatiion
[09:30] {nemo} don't know why, Bearded clam said no more liquidity, $ should go up
[09:30] {Les} sure, fairly straight forward
[09:31] {Les} how solid a support this uptrend line in IWM below 82 Nemo?
[09:31] {Threei} Long Setup:  FCX  .60 break hl
[09:31] {nemo} iwm MPP here
[09:32] {Threei}  if stays above .50
[09:32] {nemo} spready for fcx
[09:33] {Threei}  1:1
[09:33] {Les} ty keeping it to scalps today
[09:33] {Threei}  1:2, out
[09:34] {Threei} Short Setup: SLW  .65 break
[09:34] {Threei}  if stays under .75
[09:36] {Threei}  no go
[09:36] {Threei} Long Setup:  LVS  58 break
[09:37] {Threei}  if holding .90
[09:38] {nemo} whoa, hit wrong keys again doubled down on slw off the bat, I'm already stopped out...
[09:38] {ese} gm
[09:38] {nemo} lvs
[09:38] {Threei}  ese :)
[09:38] {ese} hey vad
[09:39] {ese} market trying to shake off another stupid Bernakers comment i see
[09:40] {dino} panl sm l .25
[09:41] {Threei}  make up your mind LVS
[09:42] {Threei}  stubborn seller�s gone
[09:43] {Threei}  target 1:3
[09:43] {Threei}  1:1
[09:43] {Threei}  first partial, stop to .97
[09:43] {Threei}  scalpers know what to do
[09:44] {Les} wait a minute, I take my scalping hat off here
[09:44] {Threei}  1:2
[09:44] {Les} out ty
[09:44] {Threei}  stop to .05 for the balance
[09:44] {Threei}  yw
[09:44] {dino} mos sm l .64
[09:45] {Threei}  target�s hit, out in full
[09:46] {rambler} beauty..
[09:46] {_pepiolas} awesome
[09:46] {Threei} Long Setup:  CAT  105 break hl
[09:46] {Threei}  if stays above .85
[09:47] {Threei}  1:1 in a hurry
[09:47] {Threei}  no reentry if pulls back to trigger
[09:47] {Threei}  not sure it has gas for repetition
[09:48] {rambler} RIG
[09:48] {rambler} looks lower
[09:48] {Threei}  RIMM
[09:48] {Threei}  let�s see if double-tops
[09:49] {dino} out panl .55, +.30
[09:49] {Threei}  wtg
[09:49] {rambler} gj dino
[09:49] {dino} ty
[09:49] {cipher} +.36 panl thx dino
[09:50] {cipher} double lot
[09:50] {Threei}  gutsy
[09:50] {cipher} day starting out well
[09:50] {Threei}  RIG starts looking like bounce
[09:51] {Les} .30 break?
[09:51] {Threei}  had .25 break in mind but happened too fast
[09:53] {Threei} Short Setup: RIMM  .05 break
[09:53] {Threei}  if no new high
[09:53] {Threei}  which puts stop/invalidation at about .14 - .15
[09:54] {Threei}  invalidated
[09:54] {Les} tna break here
[09:54] {rambler} PATK dropping
[09:54] {dino} finl sm l .99
[09:54] {dino} 07 green
[09:55] {Threei} Short Setup: X  .75 break
[09:55] {Threei}  if holding under .85
[09:55] {dino} sohu sm l .74
[09:56] {Threei}  two-sided
[09:56] {Threei}  .85 break long
[09:57] {Threei}  stop to .79
[09:58] {Threei}  not trusting it very much, want to keep risk as small as possible
[09:58] {Threei}  out
[09:58] {Les} vwap and half pivot resistance at .90
[09:59] {Les} missed rig
[09:59] {Threei}  X is strangely weak
[09:59] {Threei}  much weaker than the market
[10:01] {rambler} any news on PATK..?
[10:01] {Threei}  not that I see
[10:01] {Threei}  Feb 23 is the last
[10:03] {Threei} Long Setup:  SNDK  .60 break
[10:03] {Threei}  half lot
[10:03] {Threei}  if stays above .50
[10:03] {nemo} sndk is chop city, every day trader is in it
[10:04] {Threei}  this is tradeable doji
[10:04] {Threei}  half lot with 10 cents stop..
[10:05] {Threei}  invalidated
[10:06] {dino} finl stop -.20
[10:07] {Threei}  RIG is back on radar
[10:07] {cipher} patk l.75
[10:08] {Threei} Long Setup:  RIG  .20 break
[10:09] {Threei}  if holding above .10
[10:10] {Threei}  yikes SPY
[10:10] {Threei}  stopped
[10:10] {Threei}  ah, I see
[10:10] {Threei}  Fed�s Lacker opened his mou8th just in time
[10:11] {Threei}  (US) Fed's Lacker: Growth expected to pick up next year, which would warrant a rate increase; not seeing any need for further stimulus - interview
[10:12] {dino} these guys should just shut up, all they do is cause volitity
[10:12] {Les} yeh was thinking it should be against the law
[10:13] {Les} 3 years for opening your mouth. Do you have anything to say in your defense`
[10:14] {Threei}  lol
[10:14] {cipher} patk stop .65 -.10
[10:14] {Les} that is awesome volatility on PATK
[10:15] {Threei}  SLW getting bounce-ready
[10:17] {Threei} Long Setup:  SLW  .70 break if holding .65
[10:17] {cipher} aapl l.68
[10:17] {nemo} tna would be long here
[10:17] {nemo} .61 if you can get it
[10:17] {cipher} out .30 +.62
[10:18] {Threei}  feel free to take scalp or partial closer to .80
[10:18] {dino} patk sm l ave .80
[10:18] {Threei}  a lot of fear in the market, bounces are weak
[10:18] {cipher} patk l.83
[10:19] {Threei}  out in full SLW
[10:19] {Threei}  .84
[10:19] {Threei}  easy money
[10:20] {rambler} tried but missed on SLW...
[10:20] {Les} yeh I set .71
[10:21] {rambler} same
[10:21] {Threei}  with 5 cents stop, not even .72??
[10:21] {Threei}  come on guys...
[10:21] {_pepiolas} cati am gettig a little slippage in every
[10:21] {Les} yeh it was stupid, but figured slw would give me easy entry
[10:21] {rambler} slap...
[10:22] {cipher} meli l .14
[10:22] {Threei}  RIG rinsed our long
[10:23] {Threei}  APOL, what a disastrous daily
[10:25] {Les} fdx
[10:25] {Les} bounce here?
[10:25] {Les} .50
[10:25] {Threei}  SPY drops again
[10:25] {cipher} meli stop .90 -.24
[10:26] {Threei}  if FDX holding .40 while SPY makes new lows, then yes
[10:29] {dino} meli around 96.20 imo
[10:30] {Threei}  (US) DOE CRUDE: +9M V +1.5ME; GASOLINE: +1.5M V -1.5ME; DISTILLATE: +19K V -500KE;
[10:32] {Les} water flows easier downhill today
[10:35] {Threei}  TNA is getting bounce-ready
[10:36] {Threei} Long Setup:  TNA  .10 break hl
[10:36] {Threei}  if holding 60
[10:36] {Threei}  target .30
[10:36] {Threei}  maybe more but playing it safe
[10:37] {Threei}  1:1
[10:37] {Threei}  no excuses this time, gave second chance after the break
[10:37] {Threei}  out .34
[10:38] {Threei}  anyone??
[10:38] {Les} sure
[10:38] {Threei}  whew
[10:38] {rambler} got it tks V..
[10:38] {Les} .12 to .29
[10:38] {Les} :( but not .40
[10:38] {Threei}  had a bit more in it
[10:38] {Threei}  no regret
[10:38] {Threei}  bounces are weak today so far
[10:39] {Threei}  go with pattern
[10:39] {_pepiolas} good trade, but stop was 60?
[10:39] {Threei}  just under
[10:39] {dino} clne sm l .70
[10:39] {Threei}  60 was a support tested on last pullback befofre it broke .10
[10:40] {_pepiolas} k, nice trade 
[10:40] {Threei}  thus, loss of 60 would have signalled a stop
[10:41] {Threei} Long Setup:  FCX  .70 break
[10:41] {Threei}  if holding .65
[10:42] {Threei}  Les, see TNA drop?
[10:42] {Les} yeh
[10:42] {Les} glad someone pulled me out quick :)
[10:42] {Threei}  want to get caught in this by overstaying your welcome? :)
[10:43] {nemo} what is the fcx play
[10:43] {dino} patk definition of pulp
[10:44] {Threei}  just look to take profit or partial closer to .80
[10:44] {Threei}  if partialing, second portion should be exited around .85
[10:47] {_sniper} .
[10:48] {Threei}  good point
[10:49] {Threei}  FCX shapes up beautifully... little help by SPY and break of .75 and we are there
[10:50] {Threei}  of course SPY help is in short supply today for longs
[10:50] {dino} new lod
[10:50] {Threei}  but with this size of risk, it�s worth it IMO
[10:50] {Threei}  it didn�t make new lows with market since 10:15
[10:52] {dino} 2728 ndx gap
[10:53] {cipher} meli l .63
[10:53] {cipher} sorry .65
06[10:54] * Les slaps cipher around a bit with a large trout
[10:57] {Threei}  oh well
[10:58] {Threei}  showed nice relative strength but eventually couldn�t stand this much weakness in SPY
[10:58] {cipher} out meli .50
[10:59] {cipher} tna l.46
[11:00] {thomcbell} looking for a pattern to emerge down here on invn 
[11:00] {thomcbell} bears having way too much fun
[11:01] {nemo} mcp
[11:01] {cipher} out tna .65 +.19
[11:02] {rambler} gj cipher
[11:04] {cipher} meli l.49 last rty
[11:04] {nemo} mcp did not bounce
[11:05] {Les} u catch it?
[11:05] {nemo} I'm stopped out for theday
[11:06] {Les} put .78 in but flew straight over
[11:06] {nemo} had to hit the .80 bid
[11:06] {nemo} when you see it didn't bounce with the market and it didn't move, usually mean's it will teleport down
[11:07] {nemo} having said that, it bounced right back
[11:07] {Les} so much the better for missing it
[11:08] {Les} tna
[11:08] {nemo} look for it to go to vwap, watch spy
[11:09] {Les} sorry wrong screen, but yeh I saw that. cipher had the right entry
[11:10] {nemo} why are you coming through as pink les
[11:10] {Les} coming out
[11:11] {nemo} too easy
[11:11] {Les} hehehe get off yer sleeping pills
[11:14] {Threei}  FCX turned out to be a rinse
[11:16] {vijay} Just want to mention a word of thanks to everyone especially to you Vad.I have had serious turnarounds since I took this course.
[11:16] {Les} RIG vad a setup here?
[11:16] {Threei}  great to hear vijay
[11:16] {nemo} long or short?
[11:16] {Les} that's what I'm asking
[11:16] {Les} can't tell
[11:16] {Threei}  no recognizable setup yet
[11:18] {dino} gj vijay
[11:19] {nemo} would short rig here stop above .10
[11:19] {vijay} thx Dino...and thx for your inputs on the capitulation and euphoria setups.
[11:19] {Threei}  if RIG pulls back here, try to grab it as close to .90 as possible
[11:20] {dino} np
[11:25] {nemo} nem long?
[11:26] {Threei}  .40 break
[11:26] {Threei}  looks right
[11:26] {nemo} only concern is the market and trendline off the top
[11:26] {dino} meli sm l .26 wide
[11:26] {Threei}  RIG
[11:26] {Threei}  coming in
[11:26] {Threei} Long Setup:  RIG  .95 break
[11:26] {Threei}  if holds .90
[11:27] {rambler} got to run....good luck all..
[11:27] {Les} cheers
[11:28] {Threei}  take care rumbler
[11:28] {dino} cya
[11:28] {nemo} rig held the stop onthe short
[11:29] {_sniper} .
[11:30] {Threei}  there you go
[11:30] {Threei}  feel free to take profit
[11:31] {Les} half out .15
[11:31] {_pepiolas} took it a lil early but +12
[11:31] {Les} so i saw a db from the open
[11:31] {Beau} no fill
[11:32] {Les} but that didn't constitute a db per se?
[11:32] {Les} needed a small db to strengthen the signal I take it?
[11:32] {Threei}  well, not really, just determined a level iof support to watch
[11:32] {Threei}  right
[11:33] {_pepiolas} is this an abnormal return day?
[11:33] {_pepiolas} i am having  a great time
[11:33] {_pepiolas} and +600 bucks
[11:33] {nemo} it's an abnormal place
[11:34] {dino} big drop days are usually good to us
[11:34] {nemo} Vad feasts on the suffering of others
[11:34] {dino} vlad the impaler
[11:34] {Threei}  hmmm... I would say it�s a subpar day
[11:34] {nemo} Lord Vad(er)
[11:34] {Threei}  a few too many rinses and stops
[11:36] {Threei}  days whern we have stats like 10 wins out of 12 calls is more to my liking
[11:36] {dino} lo, mo, pm rockin'
[11:36] {nemo} GS
[11:38] {cipher} aapl l .57
[11:39] {nemo} spy just touched vwap and backed off
[11:39] {cipher} out .19 +.62
[11:40] {dino} cipher, you still in patk?
[11:40] {cipher} no
[11:40] {thomcbell} long setup tel 35.57 break if holding 35.50 
[11:43] {Threei}  wow RIG
[11:43] {Les} still in
[11:43] {Threei}  had a lot more in it
[11:44] {Threei}  huh
[11:44] {Threei}  is it that same Les that decided to scalp only today?
[11:44] {Les} charts were telling me potential major reversal
[11:44] {Les} charts speaking to me
[11:44] {Threei}  [09:33] {Les} ty keeping it to scalps today
[11:45] {Threei}  just say �I lied� and we are OK
[11:45] {nemo} good training for marriage
[11:45] {Les} must have been someone else on my keyboard
[11:45] {Threei}  if you let a cat anywhere near your keyboard, make sure you don�t use keystrokes for order entering...
[11:46] {Les} cats verbotten
[11:46] {Les} dead meat if I catch em in my yard
[11:47] {Les} out +.39
[11:48] {Les} NEM db?
[11:51] {thomcbell} tel invalidated
[11:51] {thomcbell} will continue to watch for entry 
[11:59] {vijay} Done for the day thx all.
[11:59] {Les} cheers
[12:00] {Les} l slw .36 stop under .30
[12:07] {Threei}  take care vijay
[12:09] {nemo} that slw not looking good, I ouwld get out if it drops that big bid that flashes at .31
[12:10] {Les} yeh ok
[12:11] {nemo} that bid moved up, that's good
[12:12] {Les} never seen that before. interesting
[12:12] {nemo} tape reading Les
[12:12] {Les} huh?
[12:13] {Threei}  one of two things Les
[12:13] {Threei}  1. he sincerely wants shares,
[12:13] {Threei}  he bids up, trying to get executed at the bid
[12:13] {Threei}  up to a certain point of copurse
[12:14] {nemo} but he's never allowing them to get hit
[12:14] {Threei}  2. he is a seller, his bid is merely a motivation for buyers to step up and hit the offer
[12:14] {Threei}  in this case, as soon as his bid is taken by sellers, he cancels it
[12:15] {Les} how is that possible?
[12:15] {dino} anythings possible
[12:15] {nemo} if you know the game
[12:15] {Les} canceling a bid that has been taken?
[12:15] {nemo} now he's getting a nice chart formation
[12:15] {Threei}  bid is big
[12:16] {nemo} if he's a seller, once he's done that bid will disappear
[12:16] {Threei}  it�s not like it�s going to be taken all at once
[12:16] {nemo} like that
[12:16] {Threei}  first sales to him, and he cancels the rest
[12:16] {nemo} see if he comes back
[12:16] {nemo} there he is
[12:16] {dino} looks like he's jesse livermoore
[12:17] {nemo} and he got the formation to break
[12:17] {nemo} THAT'S a trader
[12:17] {Les} so what am I'
[12:17] {Les} ?
[12:18] {dptl} lol
[12:18] {nemo} breakfast lunch and dinner
[12:18] {Les} reminds me of remark a barman made to me 20 odd years ago
[12:18] {nemo} let me guess
[12:18] {nemo} "Bend Over"
[12:19] {Les} I was the glass cleaner. Told him I'd done a course on drinks. He said "You're not a barman's a"+hole"...
[12:19] {Les} half out .41
[12:19] {Les} stop to below .35
[12:20] {Threei}  fun real time study on Level 2 reading
[12:20] {Threei}  good job
[12:20] {Les} yeh, should do more of it...
[12:21] {cipher} dino still in meli?
[12:22] {Les} stop to .39
[12:22] {dino} y
[12:22] {Les} out. thanks for the fishing lesson
[12:23] {thomcbell} long setup 35.51 break if holding 35.40
[12:24] {thomcbell} target 1:2
[12:25] {nemo} coh taking a beating
[12:26] {thomcbell} would like to see some sort of volume spike to reveal someone is finished 
[12:29] {cipher} aapl l .28
[12:31] {cipher} out -.26
[12:49] {nemo} that bid in slw gone, might be a short here
[12:53] {nemo} see, buyer/seller gone in slw 
[12:59] {nemo} not bad for a few cents stop
[13:05] {Les} yeh not bad
[13:05] {nemo} that seller, disguised as a bidder was the only thing holding it up
[13:06] {Les} yeh, it became a little more apparent to me when slw promptly stalled again at .45
[13:06] {Les} nice tactics. devious. I like that trader
[13:07] {nemo} watch for pullback here in LVS
[13:08] {nemo} probably short into it
[13:11] {thomcbell} now stop to 35.44 on tel
[13:14] {thomcbell} out tel
[13:14] {Threei} Long Setup:  TZA  .45 break
[13:14] {nemo} I'm thinking bounce time
[13:15] {Threei}  if stays above .40
[13:16] {dino} thor drop
[13:18] {dino} thor sm s .02
[13:20] {dino} cov thor .60, +1.40
[13:20] {dino} 1.42
[13:21] {dino} wow buck too soon
[13:22] {dptl} lol..2 min it took you...gj
[13:23] {dino} halted
[13:23] {dino} thx
[13:23] {dino} htwr spike
[13:23] {Threei}  circuit breaker
[13:23] {dptl} got out just in time eh...Dino
[13:23] {Threei}  Thoratec Corp. FDA discloses that Thoratec has launched Class 1 recall (most serious recall) of Hartmate II systems- Defect in the device may allow the graft to kink or deform, reducing blood flow, may cause serious adverse health consequences, including death.
[13:24] {dino} must be making hywr go up
[13:25] {dino} htwr i mean
[13:28] {Threei}  they are related, yes
[13:29] {dino} wow that halt f'd shorts, opens up 3
[13:30] {Threei}  these circut breaker halts are total screw-up
[13:31] {dino} agreed, they just end up hurting you
[13:31] {dino} patk l ave .91
[13:44] {dino} bvsn up to its games
[13:51] {dino} clne to .99
[13:54] {dino} out clne .00, +.30
[13:54] {Threei}  gj
[14:03] {Threei} Short Setup: LVS  57 break if stays under .05
[14:06] {Threei}  invalidated for now
[14:06] {Threei}  still interested though
[14:06] {Threei}  it emained near day�s low while SPY bounced signifcantly
[14:10] {nemo} LVS volume spike
[14:11] {Threei}  off watch
[14:12] {Threei}  hmmm... how did I end up on a list of occupy nuts?
[14:12] {Les} I had on screen as potential .05 entry 3/15 min look good. but stuck in the kitchen
[14:12] {Threei}  The purpose of this message is to inform you about the Revolution:
[14:13] {Threei}  thanks, I have alreasdy lived with the outcome of one revolution
[14:13] {Les} do they say "bring guns?"
[14:13] {Threei}  no but they suggest spreading the movie with interesting title
[14:14] {Les} if the answer is yes, I'm in. Gonna lynch me a congressman or two...
[14:14] {Threei}  Please, watch the "Nazi Banksters Crimes Ripple Effect" movie to find out why, how, and to have sound arguments to persuade others.
[14:14] {Les} sounds like gay porn
[14:14] {Threei}  you are also supposed to print the flyers and sistribute them
[14:14] {nemo} you would know Les
[14:15] {Threei}  btw, why do they wait till November?
[14:17] {Beau} Nov. 11 is Veterans Day.  connection??
[14:17] {Threei}  strange
[14:18] {Threei}  I thought it might have to do with presidential election, but it makes little sense too
[14:23] {Threei}  frikin LVS
[14:23] {Threei}  got away
[14:23] {Threei}  right idea but no clear setup
[14:26] {nemo} slw vad
[14:26] {Threei}  what do you see in there?
[14:26] {Threei}  .25 break long?
[14:27] {nemo} two way, that, or loss of .15
[14:27] {nemo} that volume spike, if it can't keep it above
[14:27] {nemo} I think there's less support on the short than resistance on the long though
[14:30] {Les} wow lvs
[14:31] {Les} RIG 52. worth taking the break vad?
[14:32] {Threei}  half lot
[14:32] {nemo} .20 is vwap
[14:32] {Threei}  chart is right
[14:32] {nemo} that's your target, what's your R/R
[14:32] {Threei}  but it�s not a full lot trade at this time
[14:33] {nemo} you take slw vad?
[14:33] {Threei}  no...
[14:33] {Les} not interested here, but if it consolidates a little
[14:33] {Threei}  thought of it a few moments too long
[14:33] {nemo} you thought?
[14:33] {Threei}  and then didn�t want to chase
[14:33] {nemo} wtf
[14:33] {Les} NEM finally found buying support
[14:33] {Threei}  well... the error my ways...
[14:33] {Threei}  of
[14:34] {Threei}  now and then I get tempted by dark side... and start thinking
[14:34] {Threei}  rarely ends well
[14:35] {Threei}  also, negatively influences my typing - if you can believe that
[14:35] {Les} I dunno. u begin to write english correctly...
[14:36] {Threei}  I read... and to read makes us speak english good
[14:36] {Threei}  see?
[14:37] {Les} fair enough
[14:37] {nemo} slw should get to .50
[14:38] {nemo} tna probabl to .90 from here
[14:48] {nemo} don't think the ppt will give it up quite yet, probably finish above 140 today
[14:51] {nemo} bidu, oops late
[15:02] {dino} clnt crazy
[15:11] {Threei} Long Setup:  TNA  60 break
[15:11] {Threei}  if stays above .85
[15:12] {Threei}  hmmm
[15:12] {Threei}  lol
[15:12] {Les} lnot invted
[15:12] {Threei}  that�s why you never use market orders on breakouts
[15:12] {Les} invited
[15:12] {Beau} heck of a break
[15:12] {dino} 07 green
[15:13] {Threei}  pullback to trigger is valid entry
[15:13] {Threei}  in
[15:13] {Threei}  same stop
[15:14] {Threei}  half out
[15:14] {Threei}  stop to .98
[15:15] {Threei}  this was obtainable, and very nice of TNA to come back to us
[15:15] {Threei}  anyone??
[15:15] {Les} about time something was nice to me today
[15:16] {Threei}  well.. you never counted on nemo to be it, have you
[15:16] {dino} md drop
[15:16] {Beau} thanks vad
[15:16] {Threei}  :)
[15:16] {Threei}  not often they are so considerate
[15:16] {Beau} .14
[15:16] {Les} yeh ty all out .19
[15:20] {Threei}  amazes me that RIG remains within 10 cents during all this hoopla
[15:20] {Threei}  I am used to seeing more volatility from this one
[15:22] {Threei} Short Setup: JBHT  .75 break half lot
[15:22] {Threei}  if stays under .85
[15:23] {Threei}  alternative way to play it is a full lot with .81 stop/invalidation
[15:23] {Threei}  your choice
[15:24] {Threei}  or 3rd way... .80 break if stays under .85
[15:24] {Threei}  sorry nemo, I�ve been thinking again
[15:35] {dino} mtsi drop
[15:39] {Threei}  fair warning:
[15:39] {Threei}  following headline may cause strong puking reflex, those with weak stomach refra�in from reading
[15:39] {Threei}  (US) House Minority Leader Pelosi (D-CA): House Democrats call for releases from the SPR, high gasoline prices are being caused by speculation
[15:39] {nemo} right
[15:39] {Les} good on her
[15:40] {dino} bunch f idiots
[15:40] {dino} you can tell its an election year
[15:40] {nemo} pandering to the morons
[15:40] {Les} I think she's right. that congressional plane costs twice as much to run across to her home electorate while the speculators are destroying the market.
[15:41] {Les} traders aught to learn a little charity
[15:42] {Threei}  As of February 29, 2012, the inventory was 695.9 million barrels (110,640,000 m3). This equates to 36 days of oil at current daily US consumption levels
[15:42] {Les} have at it
[15:42] {Threei}  so, what do you achieve by releasing it?
[15:42] {Les} a propaganda coup
[15:43] {dino} election talk
[15:47] {Threei}  gosh... winter storm warning ro Calgary tomorrow, 10-25 cm snow
[15:51] {Les} sleep time. c u's tomorrow
[15:52] {Threei}  OK guys, thank you all
[15:52] {Threei}  nice day today
[15:52] {Threei}  have a great evening, see you tomorrow
[15:52] {dptl} see ya tomorrow