Session Time: Tue Apr 17 00:00:00 2012
[07:59] {_bobwi} good morning
[08:42] {Threei} morning bob
[08:50] {Threei} *(US) MAR HOUSING STARTS: 654K V 705KE (lowest since Oct 2011); BUILDING PERMITS: 747K V 710KE (highest since Oct 2008)- Prior housing starts revised lower from 698K to 694K - Prior building permits revised lower from 717K to 715K
[09:05] {Threei} (DE) German Fin Min Schaeuble: Spain is delivering on its promises; Spain is not a a candidate for an aid package, and its fundamental data is not similar to the countries getting bailouts
[09:06] {dptl} good morning
[09:06] {Threei} dp :)
[09:07] {Threei} US) Obama to request Congress provide CFTC authority to incrtease margin requirements in oil futures
[09:07] {Threei} - Requests 6 fold increase in funding for CFTC surveillance of oil futures
[09:07] {nemo} that'll make a big difference
[09:08] {Threei} USO certainly doesn't think it will
[09:14] {Beau} good morning you all
[09:14] {Threei} beau :)
[09:14] {Les} morning
[09:14] {Threei} les :)
[09:14] {Threei} *(US) MAR INDUSTRIAL PRODUCTION: 0.0% V 0.3%E; CAPACITY UTILIZATION: 78.6% V 78.5%E
[09:18] {dino} gm
[09:18] {Threei} dino :)
[09:20] {Threei} bad housing starts, good permits - what a poor confused market to do
[09:21] {Threei} right, ignore it all and focus on Spain... where latest auction went decently, so we gap up
[09:25] {ese} gm
[09:25] {Threei} ese :)
[09:27] {Threei} waiting out first few minutes
[09:27] {Threei} no clear play at the moment
[09:28] {Threei} the day is long, and we find plays throughout it
[09:29] {Threei} one thought for the future:
[09:29] {Threei} notice significant run in GS pre-market, and look how meekly JPM acts
[09:29] {Threei} I'd think JPM is a good short candidate down the road when market gets tired
[09:32] {Threei} .60 is support to break if stays under .70
[09:32] {Les} fcx getting ahead of itself here R1 is .51
[09:32] {Threei} doesn't so far, but on radar
[09:33] {Les} ooh yeh
[09:33] {Threei} Short Setup: JPM .65 break if stays under .75
[09:35] {Threei} Long Setup: FCX .30 break hl
[09:35] {Threei} if holding .20
[09:36] {Threei} JPM valid
[09:36] {Threei} 1:1
[09:38] {dino} sprd sm l .52
[09:40] {Threei} FCX no worky
[09:40] {Threei} JPM 1:2, out
[09:41] {ese} L sprd .50
[09:42] {Threei} a bit too soon on JPM
[09:42] {ese} hmmmm just noticed you dino....in as well
[09:44] {_gabbayo} thanks on JPM
[09:44] {Threei} welcome
[09:45] {Threei} watching RIG for short into bounce
[09:45] {ese} target dino?
[09:46] {Threei} Short Setup: RIG .10 break hl
[09:46] {Threei} if styas under .20
[09:46] {dino} sprd to b/e, stuck
[09:46] {Threei} target 1:2
[09:47] {ese} if the spyders head up dino it's goin up....got a target?
[09:48] {Threei} no go RIG
[09:49] {dino} 15
[09:50] {ese} ok...was lookin at .90
[09:51] {Threei} Short Setup: RIG .50 break hl
[09:51] {Threei} if stays under .60
[09:51] {ese} sprd stop .43
[09:53] {Threei} 1:1, half out
[09:53] {Threei} stop .51
[09:54] {ese} there we go........by George Benson " Ease on Down Ease on Down the Rooooooaaad now"
[09:55] {ese} sprd to b/e .50
[09:56] {dino} lol
[09:56] {dino} to .70
[09:57] {ese} with ya...to .70
[09:58] {Threei} Short Setup: X .90 break
[09:58] {Threei} hl
[09:58] {dino} out +.20
[09:58] {Threei} if stays under 29 of course
[09:58] {Threei} invalidated
[09:58] {ese} daaaaaaa...hmmmmm that was ok filled me at .72
[09:58] {ese} +.22
[09:58] {_gabbayo} what is hl ?
[09:59] {Threei} half lot
[09:59] {thomcbell} lvs looking for double bottom entry
[09:59] {_gabbayo} thanks
[09:59] {ese} tks dino for the reminder...forgot about that one from yesterday
[09:59] {Threei} Short Setup: FCX .35 break
[09:59] {Threei} if stays under .45
[10:00] {Threei} (EU) Germany requesting IMF firewall be similar to that of the EMU firewall in efforts to signal the EMU is not alone in efforts to increase firewall
[10:00] {Threei} right
[10:00] {Threei} two firewalls is better than one firewall
[10:01] {dino} np buddy
[10:02] {Threei} FCX target 1:2
[10:02] {Threei} why didn't we just change X trigger to 29
[10:02] {_soccer34k} So by your alert you shorted FCX when it broke 37.35?
[10:02] {Threei} right
[10:02] {dino} met s .69
[10:02] {Threei} with stop above .45
[10:03] {Threei} although at this point I'd trail it to .41
[10:03] {Threei} held too well while SPY dropped
[10:04] {Threei} out
[10:04] {_soccer34k} ok thanks-so even though you say "short set-up" you might not enter the trade unless it breaks .35 for example, right?
[10:04] {ese} daa....look at that thing dino
[10:04] {Threei} alerts indicates both trigger and stop for a trade
[10:04] {dino} met stop -.12
[10:05] {dptl} stopped fcx
[10:05] {Threei} http://www.realitytrader.com/tradingroom/, scroll down to How Trading Room Operates
[10:05] {_soccer34k} thank you
[10:05] {Threei} sure
[10:06] {Threei} listless up and down so far
[10:07] {dino} clne l .31
[10:07] {Threei} Long Setup: JPM .50 break if holding .40
[10:07] {ese} soccer......follow vad into the depths of hell.....you'll be fine
[10:08] {Threei} lol
[10:08] {ese} failing that.....drinking with Nemo and Les is the alternative
[10:08] {ese} and dp........he's got the glass AK47 filled with vodka
[10:09] {Threei} if this one doesn't work, switching to reversal setups only
[10:09] {dptl} in jpm
[10:09] {ese} in .50
[10:10] {sciborg} in .52
[10:10] {Threei} looks good for 1:3 to me... needs a little help by SPY
[10:11] {Threei} 1:1, first partial
[10:11] {ese} out 1/2 jpm .56
[10:11] {dptl} half out
[10:11] {Threei} .56?
[10:11] {Threei} man
[10:11] {ese} +.06
[10:12] {Threei} you are superduperextrascalper, aren't you :)
[10:12] {ese} am in a hurry
[10:12] {dino} rgld sm l .39
[10:12] {Threei} ah, I see :)
[10:12] {ese} have to leave soon
[10:12] {Les} RIG 49
[10:12] {dptl} stop to under .45?
[10:12] {sciborg} out half .59
[10:12] {Threei} stop .49
[10:13] {Threei} play by the book
[10:13] {ese} out in full .59 +.09 cya all......choir concert this morning....catch ya tomorrow
[10:13] {Threei} this is not a creative trade, it's a cookie-cutter
[10:13] {Threei} take care ese
[10:13] {ese} cya vad
[10:13] {dino} cya ese
[10:15] {Threei} nice doji
[10:15] {Threei} next .60 break should launch next leg
[10:16] {dino} rgld stop to .69
[10:16] {Threei} here we go
[10:17] {dino} out rgld .79, +.40
[10:17] {Threei} wtg
[10:17] {cipher} +.36 rgld thx dino
[10:17] {dino} nice
[10:18] {Threei} 1:2
[10:18] {sciborg} very nice
[10:18] {Threei} 1/4 more out, stop to .55
[10:18] {dptl} all out jpm ty
[10:18] {Threei} welcome
[10:18] {dino} clne to b/e
[10:19] {Beau} good one vad thx
[10:19] {Threei} :)
[10:19] {_soccer34k} aall out JMP +.18
[10:19] {Threei} cool beans
[10:19] {Threei} am I alone still in it, lol
[10:19] {Les} LVS reversal here?
[10:20] {Threei} hmmm
[10:20] {Threei} I don;t like it
[10:20] {Threei} staying at the low while SPY ramps up as if EU united with China?
[10:20] {Threei} it's a short
[10:20] {thomcbell} no lvs very much for sale
[10:21] {thomcbell} fcx
[10:21] {Threei} stop to .59 for the last piece of JPM
[10:21] {Threei} Short Setup: LVS .15 break hl
[10:22] {Threei} stop above .25
[10:22] {Threei} Fiat S.p.A Auto industry group: Ferrari and Maserati sales being hurt by Italy's crackdown on tax evaders - press- Ferrari sales -51.5% and Maserati -70% in Q1.
[10:22] {Threei} lol
[10:22] {dino} out clne
[10:23] {_mars245} gm threei
[10:23] {Threei} so sales of Ferrari and Maserati were driven almost entirely by tax evasion
[10:23] {Threei} hi mars
[10:23] {Threei} ok JPM, move
[10:23] {Threei} last leg
[10:24] {dptl} in lvs short .14
[10:25] {Threei} half lot dp
[10:25] {dptl} ye
[10:25] {Threei} setup is valid but it's a bit extended
[10:25] {Threei} so stay on a safe side
[10:25] {dptl} out
[10:26] {Threei} wasn't it out of bounds print?
[10:26] {Threei} Level 2 held .25
[10:26] {Les} out of bounds print?
[10:27] {cipher} I added at .24
[10:27] {Threei} .27 100 shares print
[10:27] {Les} yeh saw it
[10:27] {dptl} could be ....oh well
[10:27] {Threei} it's abit shaky trade, no doubt
[10:28] {_mars245} aapl seems to have overhead R @ 595, testing it now ...
[10:28] {Threei} that's why half lot
[10:28] {Threei} stopped
[10:29] {Threei} JPM stop to .65
[10:29] {Threei} choking it
[10:31] {Threei} Short Setup: X .30 break
[10:32] {Threei} if stays under .35
[10:32] {Threei} very tight stop
[10:32] {Threei} target .15
[10:33] {Threei} one partial between .20 and .25
[10:33] {Threei} another near target
[10:33] {dino} rgld sm l .00
[10:34] {Threei} SPY is dropping X, are you blind?
[10:34] {Threei} done with JPM
[10:34] {Threei} almost started feel like inverstment
[10:38] {Threei} Short Setup: FCX .90 break
[10:38] {Threei} if stays under 38
[10:42] {Threei} I didn't know X was in water torture business
[10:42] {sciborg} lol
[10:43] {Threei} FCX invalidated
[10:43] {sciborg} FCX gone
[10:44] {_mars245} $gs for now 117 holding tight channel
[10:44] {Threei} X stopped
[10:45] {dptl} out x
[10:45] {nemo} trend day up shorts very dangerous
[10:47] {_mars245} deck held that restest low again at 61 pivot
[10:48] {dino} out rgld .30, +.30
[10:49] {Les} pyjama time. outta here
[10:52] {dino} gs sm l .05
[10:52] {Threei} frikin LVS
[10:52] {Threei} look at it
[10:52] {Threei} right direction, no clear setup
[11:02] {dino} 13060 filled
[11:02] {nemo} monthly pivot on spy is 139ish
[11:06] {Threei} slow climb
[11:06] {Threei} hate it
[11:07] {nemo} yeah no entries
[11:07] {Threei} was thinking of that FCX under 38, would it be a two-sided setup
[11:08] {Threei} this kind of breaks has trap written all over it
[11:08] {Threei} yet worked
[11:09] {Threei} anyway, all I can do in this environment is to mark short candidates and wait for the market to reverse
[11:11] {dino} feeling the same way, these gap and goes are tough on me
[11:13] {Threei} Short Setup: LVS 58 break
[11:13] {Threei} hl, while market is not clear
[11:14] {Threei} if stays under .10
[11:15] {Threei} target 1:2
[11:15] {Threei} 1:1
[11:16] {Threei} LVS carries flag in front of parade of short candidates
[11:16] {nemo} why .10 as stop?
[11:16] {Threei} -1 while SPY is +1.70
[11:17] {Threei} .15 is more defined on the chart... but the way it trades today, if it broke ,10 it would go over .15 too
[11:17] {Threei} a bit arbitrary adjustment, to control risk better
[11:17] {Threei} consider it "art" part
[11:18] {nemo} o.k.
[11:21] {thomcbell} long setup - invn 15.11 break if holdings 15
[11:21] {thomcbell} big offer at 15.10 will run if taken
[11:23] {Threei} nice chart
[11:32] {Threei} Short Setup: TSU .30 break hl
[11:32] {Threei} if stays under .40
[11:33] {Threei} stubborn buyer with reserve order at .30
[11:33] {nemo} bastid
[11:33] {Threei} it gives up, should drop like a rock
[11:34] {sciborg} in .28
[11:34] {thomcbell} lng - to pivot
[11:34] {Threei} no support anywhere close on intraday or daily
[11:35] {dptl} not shortable? xmm...you got it Vad?
[11:35] {Threei} yes
[11:35] {Threei} limited shares probably
[11:35] {dptl} ye
[11:35] {sciborg} stop at .40 ?
[11:35] {Threei} just above
[11:37] {thomcbell} asml - looking for a pattern to develop for a long
[11:38] {thomcbell} would like to see a mini range develop between 49.87 and 49.75
[11:45] {nemo} lng looks long here but close to lunch
[11:49] {Threei} take one-legged snail... give it a muscle relaxant and sleeping aid pill... throw it in molasses... and it will move faster than this market
[11:51] {Threei} did someone trip over a plug and froze the whole market?
[11:55] {_mars245} amzn just testing doubletop 189.60, short scalped once there ...has held 185 well ..goog deserved to be shorted , wlt been bouncer lately just hit R near 66, deck once again held that $61 low reset pivot , fslr giving new shorts fits off $20's
[11:56] {Threei} careful shorting AMZN, this thing looks explosive here
[11:56] {sciborg} out TSDU even got bored
[11:56] {sciborg} TSU
[11:57] {Threei} bored eh... who said trading has to be exciting :)
[11:57] {thomcbell} i am long asml from 49.86
[11:57] {sciborg} lol
[11:57] {thomcbell} setup was not perfect but ....
[11:58] {sciborg} Obama speaking so I need the buying power for FSLR
[11:58] {Threei} bore me with profits and I will yawn all the way to the bank
[11:59] {_mars245} lvs double bottom here 2nd day correction /protaking @ 57.66 like to see it shake more ...
[12:02] {_mars245} fslr reaming newbie shorts here , lol
[12:04] {dino} whr sm l .89
[12:08] {Threei} FSLR looks ready
[12:08] {Threei} for reversal on .50 break
[12:09] {Threei} quite risky one
[12:09] {dino} stop whr
[12:13] {dino} re-load sm l .50
[12:14] {_mars245} lvs did hold that 57.60 tag but not going far ...almost caught fslr short last pop 23.80 watching , was holding $20's well , amzn made a bid for 190 , goog lite bounce off 610, aapl carrying things niow they need some good news from IBM /INTC toninght
[12:15] {dino} out .85 +.35
[12:15] {dino} broke even on the two trades
[12:18] {_mars245} Zzzzzzzzzzz...lol
[12:19] {Threei} zzzzz is right
[12:19] {Threei} someone did unplug the market
[12:19] {dino} whr sm l .00
[12:21] {_mars245} sina just held 61 , shorts have covered there
[12:22] {Threei} Short Setup: FSLR .50 bream small shares
[12:22] {Threei} if stays under .65
[12:24] {dptl} IN .47
[12:24] {Threei} this is a trade sure to get your adrenalin going
[12:24] {dino} out gs .70, +.65
[12:24] {Threei} risk averse ones better stay away
[12:26] {Threei} (EU) ECB's Costa: Eurozone fundamentals are strong; are stronger than the US and Japan- Slow response to crisis placed a burden on the ECB
[12:27] {Threei} I want what this guy is smoking
[12:27] {Threei} obviously good stuff
[12:27] {dptl} out .30
[12:27] {Threei} over 1:1 FSLR
[12:27] {dptl} small sh
[12:27] {dptl} ty
[12:27] {Threei} sure thing
[12:28] {Threei} cover as you see fit, but leave 100 shares
[12:28] {Threei} it has a potential to 22.70 or so
[12:28] {_mars245} gs just popped
[12:28] {sciborg} very nice
[12:28] {Threei} put .55 stop on it
[12:28] {Threei} and let it trade
[12:31] {thomcbell} asml 1:1
[12:31] {thomcbell} very small sale
[12:34] {thomcbell} sold 20%asml
[12:37] {dino} whr to .44
[12:38] {dino} out +.44
[12:38] {Threei} nice
[12:38] {dino} ty
[12:38] {dino} pulp stock
[12:41] {Threei} guess what is coming in
[12:41] {Threei} TSU, lol
[12:41] {sciborg} lol
[12:41] {Threei} I really feel like an investor today
[12:41] {Threei} or should I say, inwestor
[12:44] {nemo} I need a tranquilizer, I hate days like this
[12:44] {_mars245} good call on fslr short ...deck just tagging 65+ , lvs did rise again .
[12:44] {_mars245} still pushing cat today
[12:44] {dino} whr pullback
[12:45] {Threei} wow... you'd think LVS is somw kind of deity
[12:45] {Threei} or Phoenix
[12:45] {Threei} ok... drum roll
[12:46] {_mars245} well it had the intraday bottom .60 ...hate the stock ,lol
[12:46] {Threei} 1h 12 minutes to get 1:1 on TSU
[12:46] {Threei} lol
[12:46] {Threei} but I am out and happy to get it off my screen
[12:46] {dino} mako lod
[12:47] {_mars245} give a lvs long a vodka gimlet & glimpse of a $100 hooker & they buy the stock
[12:47] {Threei} now, if I can get last cover on FSLR around 22.70 - .80, I'll be a happy camper
[12:47] {dino} roflol
[12:47] {Threei} lol
[12:48] {dino} whr hooker, drop coming imo
[12:50] {_mars245} lvs looking for R 58.40 , next .60
[12:51] {thomcbell} invn still valid
[12:55] {dino} meli hod
[12:55] {dino} mako sm l .30
[12:55] {dino} meli sm l .00 trig
[12:56] {thomcbell} invn 1:1
[12:56] {dino} gj
[12:58] {_mars245} lvs short .60..a,zn nice fade from 190
[12:58] {Threei} die FSLR
[12:59] {dino} mako to flat
[13:00] {dino} to .45
[13:02] {dino} to .50
[13:04] {_mars245} lvs took cover .38 ...quick $120...isrg should be fun tonight , if it pops to 555 or 560 might short it ;)
[13:05] {dino} out mako +.20
[13:06] {dino} meli to flat, pulp
[13:08] {dino} to .34
[13:08] {dino} to .49
[13:08] {Threei} nice
[13:08] {dino} to .58
[13:09] {dino} out .60, +.60
[13:10] {dino} wow, busy 45 minutes
[13:10] {_mars245} goog just cant get no ...satisfaction ...back to lows
[13:20] {thomcbell} invn stop to 15.08
[13:20] {dino} whr drop
[13:21] {Threei} here comes my FSLR
[13:22] {dino} good one vad, i couldn't borrow
[13:22] {Threei} :(
[13:23] {thomcbell} asml 1:2
[13:23] {thomcbell} selling another 30%
[13:23] {Threei} very nice
[13:23] {Threei} took time but...
[13:24] {Threei} out
[13:24] {Threei} +.80
[13:25] {dino} gj both of you
[13:25] {Threei} ummm
[13:25] {Threei} .70
[13:25] {Threei} my math skills are exceeded only by my typing ones
[13:25] {_mars245} lvs hut the same R at 58.60 ...'
[13:34] {Threei} Short Setup: SLW .30 break
[13:34] {Threei} just a scalp most likely
[13:35] {Threei} aim to cover somewhere between .20 and .25
[13:35] {Threei} stop .36
[13:36] {dptl} in
[13:41] {thomcbell} asml 1:3 selling another 255
[13:41] {Threei} SPY new high
[13:51] {dptl} stopped slw
[13:53] {nemo} frickin' algo grindup day
[13:53] {nemo} mck
[13:53] {nemo} sorry
[13:57] {nemo} looks like IWM gonna get daily R3 at 81.60
[13:57] {andj} .
[13:58] {nemo} look at volume today
[13:58] {thomcbell} out asml
[13:58] {dino} gaps still way above, 13196 dji; 2762, 2782 ndx; 1398 s/p
[13:59] {nemo} spy has pretty heavy resistance in the .30 area, but nothing until .80 after that
[13:59] {nemo} IWM has the MPP in the 82 area
[14:00] {nemo} ya know, I'm a raging optimist compared to that guy at Zero Hedge
[14:01] {dino} lol
[14:02] {Threei} good thing no one (hopefully) trades on his message
[14:03] {Threei} one would have about 10 accountes destroyed by attempt to short throughout whole 4 years long rally
[14:03] {Threei} or was it 3
[14:04] {nemo} 3
[14:04] {nemo} cmon vad, you don't even have to take your shoes off for that math
[14:04] {nemo} arithmetic
[14:04] {Threei} it's not math... it'smemory span
[14:05] {Threei} do you think moth can tell what happened 3 and what - 4 years ago?
[14:05] {nemo} there's an expected lifespan issue there, dude
[14:06] {nemo} http://finance.yahoo.com/photos/michigan-lotto-winner-charged-welfare-photo-164254303.html;_ylt=Ai_XPWtCPxwlQYHwmlrUc5IFuodG;_ylu=X3oDMTRsdjZhdG0zBG1pdANGaW5hbmNlIE5ldyBSZWxhdGVkIENvbnRlbnQgTmV3BHBrZwMwZGJjNDhlYy0wZTU5LTM1MjUtOTE1OS1mZTJkMjBmYjg2ZmMEcG9zAzEEc2VjA01lZGlhUFJBcnRpY2xlUmVsYXRlZAR2ZXIDOGNmNDUyMDAtODhhYy0xMWUxLWJiYmQtMDc3MmIyMTU2ZDA2;_ylg=X3oDMTJ0cW5nNW5nBGludGwDdXMEbGFuZwNlbi
[14:06] {nemo} 11cwRwc3RhaWQDNGVmYmIwZTctODE4OS0zODBkLTgxNTctNGVhMGM5YzE4NDVlBHBzdGNhdANuZXdzBHB0A3N0b3J5cGFnZQR0ZXN0Aw--;_ylv=3
[14:06] {nemo} whoa...wtf
[14:06] {Threei} sheesh
[14:06] {Threei} lol
[14:07] {nemo} she's not even blonde
[14:07] {Threei} url shorteners, dude
[14:07] {nemo} http://goo.gl/DgrXg
[14:09] {Threei} culture of entitlement...
[14:11] {dino} crr drop
[14:11] {_supamario910} Maybe she traded with the million dollars and lost it...
[14:17] {Threei} last hour will bring some movement, just gotta determine which way we are going to trade it
[14:19] {nemo} GS weak
[14:21] {dino} crr, sina, tlt, gld too
[14:21] {dino} whr, mako
[14:25] {nemo} spy at resistance, iwm still has .12 to go
[14:29] {dino} here it comes
[14:30] {nemo} I'm really not seeing momentum weaken either
[14:30] {nemo} this could be another rip coming
[14:32] {Threei} closer to end of day some profit taking must come, no?
[14:33] {dino} don't know, anything can happen
[14:33] {nemo} yeah, frickin' op ex week
[14:35] {nemo} I'm more in the camp further ursine sodomy today
[14:35] {dino} lol
[14:35] {nemo} speaking of bears...
[14:36] {dino} just to mess w/everybody, watch iopen gap down tomorrow
[14:36] {nemo} http://www.youtube.com/watch?v=0aJJ6tzNrpY
[14:37] {Threei} question
[14:38] {Threei} if/when it starts looking like time to short... FAZ or TZA?
[14:40] {dino} whr drop
[14:41] {Beau} would TNA long work about the same?
[14:42] {dino} not for a dropping market
[14:42] {Threei} well, TNA is for long
[14:42] {Threei} TZA for short
[14:43] {Threei} and I can't for the world of me imagine myself going long here at the end of day
[14:43] {dino} or beau, you could short tna. tza is a multi-short
[14:43] {thomcbell} lvs psychotic
[14:43] {Beau} Thanks
[14:43] {thomcbell} what a move back up
[14:43] {Threei} usually TNA is not available
[14:44] {Threei} want to short it - buy TZA
[14:44] {Threei} it's bipolar tbell
[14:45] {Beau} lol
[14:45] {_mars245} lvs , geez all the way back up ,
[14:46] {dino} whr going all the way back down
[14:46] {Threei} LVS diagnosis: twilight state of mind darkened by maniac-depressive psychosis
[14:49] {dino} jcp s .59
[14:50] {Threei} TZA looks better candidate to me
[14:50] {Threei} let's try and catch pullback
[14:51] {Threei} entry under .30, with stop under .20
[14:56] {Les} what are we in?
[14:56] {nemo} tink we might bounce here
[14:56] {Threei} nothing, waiting for TZA pullback
[14:57] {Les} not tna .50 break?
[14:58] {nemo} spy and iwm separating abit
[14:59] {Threei} don't like TNA
[14:59] {Les} k
[14:59] {Threei} too much air under it
[14:59] {Les} got some big fat lines of support drawn in by you nemo here with IWM
[15:00] {nemo} iwm is a few cents off gap support
[15:00] {nemo} running into a trendline too at 81.20
[15:02] {Les} while SPY hourly hits a trendline as resistance and tops out. Yeh, pullback for TZA entry...
[15:05] {thomcbell} long entry asml 49.88 break if holding 49.78 - half lot
[15:08] {Threei} come on down TZA
[15:09] {Threei} also, keep an eye on SLW,
[15:09] {Threei} established strong support at .20
[15:09] {Threei} break of it can serve as a short trigger
[15:11] {Threei} it's our plan B
[15:11] {Threei} if martket drops and TZA never gives us a pullback, SLW is the way to play this drop
[15:15] {dino} jcp to flat, stuck
[15:16] {dino} out
[15:18] {thomcbell} asml invalidated
[15:18] {Threei} we may have to go to plan B
[15:18] {Threei} TZA starts shaping up as a breakout instead of pullback
[15:19] {Threei} Short Setup: SLW .20 break
[15:19] {dino} damn, would've worked
[15:19] {dptl} in
[15:20] {nemo} iwm about to run into trend line
[15:21] {dptl} stop is above .30 right?
[15:21] {Threei} yeah
[15:25] {Threei} violence time?
[15:25] {dptl} sure
06[15:25] * Threei hits SLW over the head with 2x4
[15:27] {Threei} hmmm... strange reaction
[15:28] {Threei} we may get that elusive TZA entry
[15:29] {Threei} ideally it would let us in under .30, the reverse, while SLW stays under .30 and reverses back down as well
[15:30] {Threei} (US) Treasury's Brainard: Outlook remains fragile; US does not intend to seek to provide additional resources to the IMF as it has sufficient resources
[15:31] {dino} htwr spike
[15:35] {Les} new stop on slw .25?
[15:35] {Threei} fromally speaking, SLW stop can be trailed to .26
[15:35] {Les} :)
[15:35] {Threei} mindreading much?
[15:35] {Les} great minds etc etc
[15:35] {Threei} or you have a camera in my office somewhere?
[15:36] {Les} smile you're on facebook cam
[15:36] {Threei} well, this saying always made me feel uneasy...
[15:36] {Threei} I mean, why is it GREAT minds that think alike?
[15:36] {Threei} why can't equally fibble ones think alike?
[15:37] {Threei} grrr... should have just grabbed TZA near .30
[15:37] {Threei} tried to be cute
[15:38] {Threei} ok SLW, time to lose .15
[15:38] {Threei} and die
[15:38] {Threei} I'll refrain from 2x4 though
[15:38] {Threei} it has some non-conventional reaction on beating
[15:38] {Threei} its morale improves immediately
[15:40] {dptl} look at bids
[15:41] {Threei} nice bids... look how they disappear if SPY drops more
[15:43] {Threei} see that?
[15:44] {dptl} ye almost all of them
[15:44] {Threei} not much left, we get there aging and support is not there anymore
[15:44] {Threei} it's a market following play, not on its own merits
[15:48] {Threei} argh, TZA
[15:52] {Threei} SLW... will be saved by the bell?
[15:53] {Threei} amazingly enough SPY gathered enough energy to stay near the high
[15:54] {Threei} and TZA does all in its power to make me cringe
[15:54] {Threei} 30 cents march
[15:55] {Threei} choice of TZA over FAZ was right, FAZ performed much worse...
[15:55] {dino} thx all, good day, appreciate the ideas
[15:55] {Threei} take care dino
[15:55] {_soccer34k} have a good night all
[15:55] {Threei} ok SLW, 4 min to die
[15:55] {dino} ;)
[15:55] {Threei} take care soccer, see you in the morning
[15:57] {Threei} 3
[15:57] {Threei} good boy
[15:57] {dptl} bidding .10
[15:58] {Threei} be ready to hit the offer though
[15:58] {Les} half pivot support here
[15:58] {Threei} 2 min
[15:58] {dptl} for sure
[15:58] {Threei} lol, such drama at the close
[15:59] {Threei} 1 min
[15:59] {Threei} out
[15:59] {Threei} saved by the bell
[15:59] {dptl} shoot....still in
[15:59] {Threei} hmmm... pushing it
[16:00] {dptl} no..was lite sec late or something
[16:01] {Threei} bid .17
[16:01] {dptl} bidding
[16:01] {dptl} thas me 400
[16:01] {Threei} I see you
[16:01] {dptl} :)
[16:02] {Threei} cancel
[16:02] {Threei} see big NYSE offer?
[16:02] {dptl} y
[16:02] {Threei} watch for someone to join it
[16:02] {Threei} or undercut it
[16:02] {Threei} on ECN
[16:02] {Threei} and hit if they do
[16:02] {dptl} k
[16:03] {Threei} lol, how do you manage to inject adrenak,in in such slow and trivial play
[16:03] {Threei} bid .15
[16:04] {Threei} under NYSE bid
[16:04] {Threei} give a chance to someone to hit you if they are looking for bids
[16:04] {dptl} oh out
[16:04] {dptl} .15
[16:04] {Threei} there you go
[16:04] {Threei} that's how you game level 2 :)
[16:06] {Threei} ok guys, thank you all
[16:06] {dptl} don't know how i missed the exit
[16:06] {Threei} 'cause you like making me nervous
06[16:06] * Threei slaps dptl around a bit with a large trout
[16:06] {Threei} have a good evening, see you tomnorrow
[16:06] {dptl} ...lol Vad...tyhanx
