Session Time: Wed Jun 06 00:00:00 2012
[08:58] {Threei} http://goo.gl/X4FLR
[09:05] {dptl} gm
[09:06] {Threei} morning dp
[09:13] {cipher} gm
[09:14] {Threei} cipher :)
[09:15] {ese} morning
[09:15] {Threei} ese :)
[09:17] {Threei} Cameron and Obama increase pressure on Merkel over eurozone crisis
[09:17] {Threei} amazing... pressure to pay for others
[09:21] {Beau} good morning you all
[09:22] {Threei} beau :)
[09:23] {ese} wheres dino.....I think i've got a live one this morning....scss
[09:24] {ese} dn 23% because of another company in the industry.......bit of an over reaction
[09:24] {nemo} tpx...what happened?
[09:25] {ese} tpx quided lower
[09:25] {Threei} bad guidance
[09:25] {ese} Guide Q2 EPS -50% y/y implies $0.38 v $0.85e, Rev -5% to -3% y/y implies $325-332M v $394Me; cuts FY12 guidance to $2.70 v $3.93e, R$1.43B v $1.6Be (prior $3.80-3.95, R$1.60-1.65B)
[09:25] {ese} TPX
[09:26] {ese} has nothing to do with scss
[09:26] {ese} other than being same industry of course
[09:27] {Threei} FB is gapping ip... how adorable
[09:28] {ese} i like that term vad.....awesome "ip"
[09:29] {ese} as apposed to a full gap up it's a mini "ip"
[09:29] {Threei} lol
[09:29] {ese} lol
[09:29] {ese} am laughing at my own jokes........
[09:30] {ese} L scss .29
[09:31] {ese} out .80 +.51
[09:33] {ese} that was a "dino lot" 400 shs
[09:33] {Threei} Short Setup: TPX .90 break sma shares
[09:33] {Threei} awww... late
[09:33] {ese} great minds.......thats exactly what i was thinkin
[09:34] {Threei} leave it alone for now
[09:34] {ese} ya
[09:34] {Threei} needs to work out first volatility
[09:35] {Threei} Long Setup: FB .80 break hl
[09:35] {Threei} If holds .70
[09:35] {ese} daaaaaaaaaaa...........missed the next up move scss
[09:35] {Threei} 1:1
[09:36] {cipher} +.15 fb thx
[09:36] {Threei} :)
[09:36] {Threei} 1:2, out
[09:36] {ese} crap....look at it go
[09:36] {nemo} remember when I said they'd go for the Weekly pivots yesterday
[09:36] {thomcbell} wow scss
[09:37] {thomcbell} i bought some at 19.7 for laughs
[09:37] {ese} wow is an understatement
[09:37] {Threei} nice laughs, lol
[09:37] {ese} laughing all the way to the bank
[09:37] {ese} nice
[09:37] {thomcbell} unbelievable
[09:37] {thomcbell} thanks for the comment
[09:39] {ese} one of the no brainers of no brainers that i've ever seen
[09:42] {Threei} Long Setup: LVS .20 break
[09:42] {Threei} hl
[09:42] {Threei} If holds .10
[09:43] {Threei} half out .28
[09:43] {Threei} 1:1
[09:44] {Threei} stop .18
[09:45] {cipher} mon l .20
[09:45] {cipher} out 1/2 .30
[09:46] {ese} fcx......nice move
[09:47] {Threei} visual http://goo.gl/tnzMY
[09:47] {scottie} gm
[09:47] {ese} AYE LaDDIE!!!!!!!1
[09:48] {cipher} out in full .40 +.20
[09:48] {Threei} scottie... missed couple nice ones
[09:48] {Threei} and couple phenomenal
[09:49] {Beau} gj cipher
[09:49] {Threei} Long Setup: LVS 46 break hl
[09:50] {Threei} stop under .90
[09:50] {ese} gj C
[09:51] {Threei} trail to .94
[09:51] {Threei} out
[09:51] {Threei} not liking SPY
[09:52] {thomcbell} im short small qcom - with stop at 58.55
[09:52] {thomcbell} entry was 58.45 break
[09:52] {thomcbell} target is 58.10 to 58
[09:53] {scottie} Of course I start with the first losing trade of tjhe day
[09:53] {scottie} I'll read the log tonight and cry
[09:54] {cipher} freakin lvs
[09:54] {Threei} yeah, strangely jumpy today
[09:55] {Threei} first trade on it even though profitable behaved weirdly too
[09:55] {Threei} Long Setup: SLW 28 break
[09:56] {dptl} in
[09:58] {Threei} 1:1, half out
[09:58] {Threei} stop to .99
[09:59] {scottie} out +.11 ty
[09:59] {Threei} :)
[10:00] {ese} L DHI .51
[10:05] {thomcbell} qcom flat
[10:06] {ese} out dhi......drifftin on me .45 -}06
[10:07] {cipher} out slw .19 thx
[10:07] {Threei} yw
[10:07] {Threei} 1/4 out
[10:08] {Threei} stop to .05
[10:08] {Threei} Long Setup: IWM .70 break hl
[10:08] {Threei} If holds .60
[10:13] {Threei} SLW stop to .09
[10:14] {cipher} cat l .50
[10:14] {cipher} out .67
[10:15] {ese} L stx .21
[10:17] {Threei} stop to .64, IWM
[10:19] {Threei} SLW 1:3, out
[10:19] {dptl} all out slw ty
[10:19] {thomcbell} nice job
[10:19] {Threei} ty
[10:19] {Threei} trying to adjust to this "slow creep-up"
[10:19] {Threei} good patience dp
[10:19] {dptl} thanx
[10:20] {Threei} out IWM
[10:21] {Threei} Ray Bradbury dies at 91
[10:22] {scottie} Great author
[10:22] {Threei} classic... Martians Chronicles, my childhood favorite
[10:25] {Threei} Long Setup: FAZ .80 break
[10:25] {ese} L stx avg .18
[10:26] {Threei} SLW 1:4... monitoring it to see how I'd adjust next trade of this kind
[10:29] {dptl} in faz
[10:29] {Threei} stop .72
[10:31] {Threei} .74
[10:31] {Threei} missed spike to partial
[10:32] {Threei} - NYSE volume 155M shares, about 9% below its three-month average; - NASDAQ volume 350M shares, about 10% below its three-month average
[10:32] {dptl} out faz
[10:33] {dptl} -.08
[10:34] {dptl} hal .60 long?
[10:34] {ese} out 1/2 a c load ..27+.08
[10:35] {Threei} if holding .55
[10:35] {ese} balance to break even .19
[10:35] {ese} make that .21 for comissions
[10:37] {cipher} aapl l .16
[10:37] {cipher} out .53
[10:38] {dptl} in hal
[10:39] {ese} out in full stx .34 +.15 on balance.......
[10:39] {ese} haven't done that for a while 2k/2k
[10:39] {ese} good for the day cya tomorow
[10:40] {Threei} take care ese
[10:42] {Threei} frikin IWM
[10:42] {nemo} now we're in grindup mode
[10:42] {nemo} we'll likely close the gaps today
[10:43] {dino} gj
[10:44] {dino} open gaps?
[10:44] {nemo} 31st to 1st
[10:44] {nemo} iwm spy
[10:46] {dptl} out hal
[10:46] {Threei} good one
[10:46] {dptl} ty
[10:52] {dptl} fcx .80short?
[10:52] {Threei} nah
[10:52] {Threei} rather .80 cross long after it dives under it
[10:53] {nemo} should retrace here a bit
[11:02] {dptl} sdrl .25 short ? sm sh
[11:02] {Threei} I doubt it
[11:02] {dptl} k
[11:30] {Threei} just across the water, from my usual crabbing spot: http://www.timescolonist.com/sports/Private+island+yours+million/6737747/story.html
[11:31] {nemo} tza long .70 stop under .60
[11:31] {nemo} scalp
[11:32] {nemo} we had gap fill on IWM
[11:33] {nemo} spy might still go for gap fill
[11:33] {dino} 1310, 1332, 1353
[11:34] {nemo} probably should get out, it would make sense they try to run the stops at the gap fills
[11:35] {nemo} breaks .75 should get 1:1
[12:20] {nemo} Weekly S1 and daily R# on IWM at .57
[12:20] {nemo} Weekly R1 on spy at 132, think we go there
[12:21] {nemo} daily R3 on IWM that is
[12:43] {nemo} SHW short
[12:50] {nemo} frikin trades like an antarctic mudslide
[13:00] {Threei} lol
[13:01] {nemo} didn't mean to wake you
[13:02] {nemo} wow slv
[13:04] {Threei} watching it for bounce
[13:04] {Threei} SLW too
[13:05] {nemo} gldalso
[13:08] {Threei} Long Setup: SLV .70 break
[13:08] {Threei} If holds .65
[13:13] {nemo} hal halted
[13:16] {dino} lawsuit maybe?
[13:17] {Threei} no info yet
[13:19] {nemo} think long's setting up
[13:19] {nemo} although I like .25 area spy and .10 area iwm
[13:20] {Threei} Halliburton Co Provides operation update; experienced increased costs for guar gumThe price of guar gum has inflated more rapidly than previously expected due to concerns over the potential for shortages for the commodity later in 2012. As such, the costs have impacted the company's second quarter North America margins more than anticipated. As a result, the company now believes that its North America margins will be impacted 300 basis points more than its previous guidance of 200 to 250 basis points, for a total impact of 500-550 basis points lower than first quarter levels.
[13:25] {nemo} liking tna long here
[13:29] {scottie} tna scalp +.10 thx nemo
[13:30] {nemo} big volume came in iwm 2 minutes ago and price continued higher, stop would be under .15
[13:30] {nemo} on IWM
[13:32] {nemo} hal open
[13:37] {nemo} target is .27 or so on IWM which is a little above .40 on tna
[13:45] {scottie} That's it for me guys, see you tomorrow
[13:45] {Threei} take care scottie
[13:47] {Threei} Long Setup: SLW .20 break
[13:47] {Threei} If holds .15
[13:48] {Threei} Long Setup: HAL .80 break hl
[13:48] {Threei} change to .75
[13:49] {Threei} stop under .70
[13:49] {Threei} nah
[13:49] {Threei} SLW invalidated
[13:52] {Threei} valid again
[13:53] {nemo} IWM SPY potential DB
[13:53] {nemo} careful though, Beige Book
[13:54] {nemo} damn, like tna long here too above .15
[13:55] {Threei} SLW is off
[13:55] {nemo} upro also looking good
[13:57] {nemo} as spy and iwm volume come to a halt
[13:57] {nemo} tna still set up for .15
[13:59] {Threei} *(US) FED'S BEIGE BOOK: ACTIVITY EXPANDING AT MODERATE PACE; CONSTRUCTION HAS PICKED UP IN MANY REGIONS; LENDING IS IMPROVING
[14:00] {nemo} long tna .15
[14:01] {nemo} 1/2 .25 and .26
[14:01] {nemo} stop under .10
[14:02] {nemo} .25 break might be worth it
[14:02] {nemo} wow
[14:02] {nemo} sheesh
[14:03] {nemo} cya
[14:03] {Threei} Long Setup: HAL .50 break hl
[14:03] {nemo} probably should have stayed in
[14:03] {nemo} now I'm feeling better
[14:04] {Threei} Invalidated
[14:04] {dptl} pay .70 short?
[14:05] {Threei} .80 long looks more probable to me
[14:06] {Threei} Long Setup: HAL .50 break hl
[14:06] {Threei} If holds .40
[14:10] {dptl} chk .80 short?
[14:12] {nemo} possible tna bounce here
[14:12] {Threei} sems to brea breaking downtrend, CHK
[14:18] {Threei} Long Setup: HAL .30 break hl
[14:18] {Threei} If holds .20
[14:19] {dptl} in
[14:19] {Threei} target 1:3
[14:21] {Threei} no go
[14:21] {Threei} can't find the footing
[14:23] {nemo} 27.21
[14:23] {dptl} abx .60 long?
[14:24] {nemo} might try bounce at the figure
[14:24] {Threei} looks right
[14:24] {dptl} in abx
[14:24] {Threei} stop is obvious
[14:28] {Threei} 1:1
[14:30] {Threei} 1:2, out
[14:30] {Beau} nice find dp
[14:30] {Threei} dp, you didn't fall asleep with position open, did you
[14:31] {dptl} out .81
[14:31] {dptl} ty
[14:38] {dptl} may be now hal at .30?
[14:38] {Threei} nah
[14:39] {Threei} rather pullback and DB
[14:44] {Threei} like this
[14:44] {Threei} now long on .10 break if holds 28
[14:44] {dptl} ok
[14:57] {dino} hal l .00
[15:01] {dino} out hal .14, +.14
[15:01] {Threei} good one
[15:01] {dino} ty
[15:04] {dino} abx has me watching 39.27 gap area
[15:05] {nemo} touched the 50 day sma
[15:06] {dino} dumb question, when you say 50 day, on a 3 month chart?
[15:07] {dino} on what time chart please
[15:10] {dino} hal l .90
[15:13] {Threei} it doesn't really matter dino
[15:13] {Threei} however far back you are looking, 50 day ma will be in the same place anyway
[15:15] {dino} out hal .01, +.11
[15:15] {dino} just figured that out, except on monthly, weekly, daily
[15:17] {Threei} right... if it's daily, MA is in days, if weekly - in weeksetc. In other words, MA cvounts in periods
[15:17] {dino} ok, thx
[15:18] {Threei} and by setting chart's time frame (not to be confused with lenght) you se period
[15:19] {thomcbell} textbook channel failure on lvs
[15:20] {thomcbell} spy still in same type of failure prone area
[15:26] {dino} hal l .85
[15:28] {dino} stop -.06
[15:34] {dptl} abx .40? long?
[15:34] {Threei} .35
[15:35] {dptl} with .30 stop?
[15:35] {Threei} yes
[15:40] {dino} closing strong
[15:41] {nemo} yeah, and the Bernank tomorrow
[15:41] {dino} which shou;d kill it
[15:41] {nemo} yeah, if QE still off the table, down elevator
[15:42] {nemo} iwm just about touched 20 day
[15:42] {nemo} spy a little further
[15:46] {nemo} spy and iwm going for weekly R1
[15:46] {thomcbell} lvs really flaccid in afternoon session
[15:48] {dptl} gn
[15:48] {Threei} is it allowed here to use words that make others go look them up?
[15:49] {Threei} keep it on a caveman level (not a troglodite)
[15:49] {nemo} or luddite
[15:49] {Threei} tree... water... fire
[15:49] {nemo} beer woman
[15:49] {Threei} there
[15:50] {dptl} see ya tomorrow
[15:51] {Threei} talke care dp
[15:51] {thomcbell} is it not flaccid?
[15:51] {thomcbell} sheldon needs some True blood
[15:54] {dino} lol
[15:54] {Threei} lol
[15:57] {Threei} much better day today... getting used to this clow climb mode
[15:57] {Threei} thank you all, have a good evening
[15:57] {Threei} see you tomorrow
[15:58] {thomcbell} see u tomorrow guys
[15:59] {nemo} weekly r1 on spy tagged
[16:00] {nemo} market closed right on it
