Wednesday, June 27, 2012

June 27 2012

(Course on chart pattern recognition is available now:  )

Nice strong day with a lot of trades working like charm. A few stops here and there couldn't spoil the picture. One of trades made a Catch of the Day, annotations on the chart say it all:

Session Time: Wed Jun 27 00:00:00 2012
[09:04] {Threei}  Soros is at it again
[09:04] {Threei}"
[09:08] {_jackharry} good morning
[09:09] {Threei}  morning jack
[09:09] {Threei}  got your _ back for some reason? :)
[09:09] {nemo} gm john harold
[09:10] {Threei}  force of habit I guess
[09:10] {jackharry} just signed in with wrong name
[09:13] {jimmy} gm
[09:13] {Threei}  jimmy :)
[09:14] {dptl} gm
[09:14] {Threei}  dp :)
[09:16] {Beau} good morning ll
[09:16] {Beau} all
[09:16] {Threei}  beau
[09:17] {Beau} no graphs showing on charts, anyone else??
[09:17] {nemo} so, we're right in the 3 o'clock range on spy
[09:17] {Threei}  OK here... switch chart server
[09:18] {Threei}  in menu, Quote - Switch ChartServer
[09:18] {Beau} ok now  thanks
[09:20] {ese} gm
[09:20] {Threei}  ese :)
[09:21] {scottie} gm
[09:21] {Threei}  scottie :)
[09:30] {Threei}  looks like buying pullbacks is the first thing to do
[09:31] {Threei}  a bit overextended run, pullback time
[09:32] {Threei} Long Setup:  SPXU  .50 break
[09:32] {Threei}  .c .40
[09:32] {Threei}  If holds  .40
[09:33] {Threei} Short Setup: FCX  .85 break
[09:33] {Threei}  hl
[09:33] {Threei}  If holds  .95
[09:34] {Threei}  SPY double top if can't break .60
[09:35] {dino} gm
[09:35] {Threei}  dino :)
[09:35] {nemo} orly dino
[09:35] {Threei}  broke, FCX invalidated
[09:36] {ese} dino
[09:37] {Threei} Long Setup:  TZA  .45 break
[09:37] {Threei}  If holds  .35
[09:37] {Threei}  target 1:2
[09:39] {Threei} Short Setup: FCX  32 break
[09:39] {Threei}  If holds  .05
[09:39] {nemo} flashing big offfer here .03
[09:40] {Threei}  loss of .60 should send SPY to about .40
[09:41] {Threei}  which should give us our 1:2 on TZA
[09:41] {Threei}  FCX, cover half near .90
[09:41] {Threei}  TZA 1:1
[09:42] {Threei}  half out FCX
[09:42] {Threei}  both stop to b/e
[09:45] {dino} 07 red
[09:46] {Threei}  out 1/4 more FCX here
[09:46] {Threei}  .85
[09:47] {Threei}  and TZA hits target, 1:2
[09:47] {Threei}  out in full
[09:47] {Threei}  FCX last piece stop to .96
[09:49] {Threei}  let's try for the last part FCX under .80
[09:49] {Threei}  there you go
[09:49] {Threei}  feel free to copver
[09:49] {Threei}  out .77
[09:49] {Threei}  not too shabby for 6 cents initial risk
[09:51] {nemo} tna .91
[09:51] {nemo} stop under .80
[09:52] {nemo} 1/2 .03
[09:53] {ese} Lsre .09
[09:53] {nemo} 1/4 .16
[09:53] {nemo} stop under the whole
[09:54] {_dolores} GM
[09:54] {ese} out sre .26
[09:54] {ese} +.17
[09:54] {ese} good enough
[09:54] {Beau} gj ese
[09:54] {Threei}  morning dolores
[09:54] {nemo} trading blocks on the dark pools again, ese
[09:54] {Threei}  missed two goood ones :(
[09:55] {ese} tks B
[09:55] {nemo} putting stop at .95
[09:56] {jackharry} nice call on FCX, unfortunately my break even stop triggered on the little move back to 32 at 9.44!! Typical!!
[09:56] {Threei}  wait
[09:56] {Threei}  b/e stops are located 1 cent beyond level
[09:56] {Threei}  break of 32 would be a stop
[09:56] {ese} have gone legit nemo.............
[09:56] {Threei}  which it never did
[09:57] {Threei}  if trigger was "32 break", then 32 became new resistance
[09:57] {dino} orly sm l .81
[09:57] {Threei}  fornmer support
[09:57] {Threei}  thus break of it signifies stop
[09:58] {nemo} stop .09
[09:58] {Threei}  makes sense, jack?
[09:58] {nemo} out
[09:59] {nemo} there I go, tighten my stop again...sheesh
[10:00] {scottie} nemo, when you took tna, did you consider it a double bottom?
[10:00] {ese} either i'm getting older and slower nemo or i'm picking the wrong stocks these days........have had a couple in the last week where i go to type the buy on the board and look up only to see it's seriously jumped's almost disorientating
[10:00] {nemo} housing huge beat
[10:00] {ese} disorientaing
[10:00] {ese} no disorienting.....hmmm
[10:01] {Threei}  (US) MAY PENDING HOME SALES M/M: 5.9% V 1.5%E; Y/Y: 15.3% V 9.9%E
[10:01] {nemo} scottie...db on both iwm and spy, and spy was at support from the last hour of yesterday
[10:01] {Threei}  visual:
[10:01] {scottie} thanks
[10:01] {jackharry} yep, thanks threei
[10:02] {dino} out orly .05, +1.24 ty nemo for idea
[10:02] {nemo} your kinda' stock
[10:02] {Threei}  wtg dino
[10:03] {dino} appreciate it, i was running late today
[10:03] {ese} nice dino
[10:03] {nemo} saw it on the drop list this morning...remember you trading it before
[10:06] {nemo} gap close coming
[10:07] {Threei}  (EU) Cyprus Fin Min indicates the applications to join the EFSF from Spain and Cyprus have been accepted
[10:07] {nemo} kick myself...had the frickin' bottom
[10:07] {Threei}  initial idea to buy pullback played out well... didn't get a setup in time, but nemo did
[10:08] {Threei}  FCX is relatively weak
[10:09] {Threei}  barely reached its old high while SPY made new one big time
[10:09] {Threei}  let's see if we get SPY reversal on which we'd short FCX
[10:15] {Threei}  better yet, LVS
[10:15] {Threei} Short Setup: LVS  .90 break hl
[10:16] {thomcbell} qcom right at broken support near 55
[10:16] {Threei}  don't chase if missed, let it bounce back
[10:16] {Threei}  alerted a bit too close to break time
[10:18] {Threei}  who got it, 1:1
[10:18] {cc_8} lvs working out
[10:19] {ese} L rio .25
[10:20] {Threei} Short Setup: FCX  32 break
[10:20] {Threei}  change to .05 break
[10:21] {Threei}  If holds  .10
[10:21] {ese} lets just let this run shall stop to .26......
[10:23] {Threei}  LVS 1:2
[10:23] {Threei}  1/4 more out
[10:25] {Threei}  FCX hesitates here a bit but stop is tight enough, let's let it trade
[10:25] {Threei}  LVS stop for the last part is .82
[10:27] {Threei}  if/whe SPY loses 133, FCX should start working
[10:27] {thomcbell} short setup qcom 54.80 break if holding 54.88
[10:28] {thomcbell} invalidated - will keep watching for setup
[10:28] {Threei}  LVS is about to lose .70 and proceed to 1:3
[10:29] {nemo} spy iwm bull flag coming into trends
[10:29] {dino} took some orly july 80 calls
[10:30] {Threei}  here we go LVS
[10:30] {Threei}  *(US) DOE CRUDE: -133K V -500KE; GASOLINE: +2.1M V +1.5ME; DISTILLATE: -2.28M V +1.5ME; UTILIZATION: 92.6% V 91.9%E
[10:30] {Threei}  cover it in full here
[10:31] {Threei}  (EU) EU's Barroso: Mistake to think EU can easily solve crisis
[10:31] {Threei}  no kidding
[10:32] {Threei}  FCX stopped
[10:33] {Threei}  maybe just a rinse but
[10:33] {Threei}  (EU) EU's Barroso: - AAA countries must commit to solidarity for Euro project to work
[10:34] {Threei}  they are AAA not for long... especially if they "commit" as he wants
[10:34] {thomcbell} short setup qcom 54.85 break if holding 54.97
[10:35] {Threei}  rating agencies should get downgrades on EU counties out of the way before they start cutting US, right?
[10:35] {Threei}  what do you know, LVS had 1:4 in it
[10:36] {Threei}  and more
[10:36] {Threei}  the power of relative strenght setups... (or realtive weakness as this case would have it)
[10:37] {thomcbell} qcom pierced the level - still strong - trade never triggered but currently invalid
[10:38] {thomcbell} looks like a long here but not playing that
[10:40] {Threei}  yeah, FCX rinsed
[10:42] {ese} ah well....stopped rio .27 +.02
[10:43] {Threei}  watching TZA for pullback entry
[10:45] {ese} L rio .26
[10:46] {nemo} bounce time
[10:48] {ese} hopefully....
[10:49] {Threei}  a bit more TZA please... want it around .20
[10:52] {ese} a dash of Dow.....some spyder legs .......andddd  voila!!!!!! the mrkt does eggzacitlly what vad wants........seen this time and time's scary....IT"S!!!!!!!! VOODOO!!!!!!!!!!!
[10:52] {nemo} if it doesn't pop here IWM should drop to ..80ish and spy...mmmhhhh .80ish...weird....weird-fitting for vad's room
[10:56] {Threei}  'l faz .75 break
[10:56] {Threei} Long Setup:  FAZ  .75 break
[10:56] {nemo} great I took tna .65
[10:56] {nemo} 1/2 .76
[10:57] {nemo} 1/4 more .97
[10:57] {nemo} I mean .87 sorry
[10:58] {nemo} stop is .64
[10:58] {nemo} ain't frickin doin that again
[10:58] {ese} in faz .75
[10:59] {nemo} inertia wants a gap close I think
[10:59] {Threei}  not sure abiout that after losing .70 ese
[11:00] {ese} ya am thinkin same
[11:00] {ese} stop is .66
[11:00] {ese} stopped -.09 1/2 lot
[11:01] {Threei} Long Setup:  TZA  .20 break
[11:01] {nemo} folks, it bounced at vwap, which was the proverbial hair under the first swing high, that is support
[11:01] {Threei}  If holds  .15  for scalpers, .10 day traders
[11:01] {nemo} also, spy DB'd at the 38.2 retracement of the low to high at the same time
[11:02] {nemo}
[11:02] {nemo} stop to .69
[11:02] {nemo} should be under .90, but wtf
[11:03] {nemo} under .90 IWM that is
[11:04] {Threei}  58% Think Federal Government Encourages Illegal Immigration
[11:05] {nemo} proves the moronic level of the other 42%
[11:05] {Threei}  hey, 77% think US should send money to EU... whta to say about 23%?
[11:05] {nemo} people fly here to have their kids..born in the USA they're US citizens...they and the mother then qualify for Social Security
[11:06] {nemo} Knew this woman who was a lawyer in Portugal....She did just that...we send her monthly social security checks for her and her child back in portugal
[11:09] {nemo} o.k. tna you're putting me to sleep
[11:09] {Threei}  hmmm... is ranked 5th most romantic city in Canada...
[11:09] {Threei}  do I look all that romantic to any of you?
[11:09] {Threei}  Victoria that is
[11:09] {nemo} probably to a pitbull
[11:10] {Threei}  ese, yes, he is romantic
[11:10] {Threei}  drums and all that
[11:10] {nemo} yeah, ese's got style
[11:10] {Threei}  stop to .14 for day traders too
[11:11] {ese} I usually walk around with a scowl on my face to discourage people from coming back so that I can live in peace and quiet
[11:11] {Threei}  but that's romantic scowl
[11:11] {ese} ahhhhhhh  yes......yes........the romantic scowl.......thats it that what it is
[11:12] {Threei}  and drum has this label on it saying: if I beat you up with my stick, that's is a very romantic deed on my part
[11:12] {Threei}  gosh, drop already, SPY
[11:12] {ese} lol
[11:13] {Threei}  what's with this gravity denial
[11:13] {nemo} out
[11:13] {Threei}  half out TZA .28
[11:13] {Threei}  scalpers be free
[11:13] {Threei}  stop to .18 for the second half
[11:14] {Threei}  further plan: 1/4 near .35 and 1/4 above .40
[11:18] {Threei}  (GR) National Bank of Greece Chairman Rapanos resigns citing health issues - press
[11:18] {Threei}  health issues - I am sick and tired of you'll?
[11:20] {dptl} sbac .60long?
[11:21] {Threei}  ummm
[11:21] {Threei}  yes
[11:21] {Threei}  lol
[11:22] {dptl} pulls back may be
[11:23] {Threei}  hard to tell... it's a bit on a narrow side
[11:23] {Threei}  and is at 1:1 already
[11:23] {dptl} fdo?
[11:24] {Threei}  69 break looks right but keep size on a smaller side
[11:24] {Threei}  pulpy a bit
[11:25] {dptl} was thinkimg .90 break long
[11:25] {Threei}  to clear the slang for newer members... "pulp" refers to stocks with bigger swings, reference to Seinfield... "pulp can move, baby!"
[11:28] {nemo} mmmmhhh, arguably long setups here iwm spy
[11:29] {nemo} long upro .90
[11:29] {nemo} stop under .80
[11:30] {nemo} 1/2 .04
[11:31] {nemo} I like spxu better than upro...not liquid enough
[11:32] {nemo} sucks too...have offers out and those sub penny transactions come in
[11:33] {Threei}  closed second half TZA
[11:33] {nemo} cmon give me .15
[11:34] {nemo} it's a conspiracy
[11:34] {Threei}  don't cry, we had very decent day so far
[11:35] {Threei}  this last SPY move is a bit out of whack
[11:35] {nemo} whewww
[11:35] {Threei}  if you managed to profit from it, take it and be thankful
[11:35] {nemo} who's crying...THAT'S paranoia
[11:36] {nemo} stop under spy .90
[11:36] {dino} good to see "pulp"
[11:36] {nemo} Using dead turkey's instead of the chickens today Vad
[11:37] {Threei}  I need to put together our room slang vocabulary, dino :)
[11:37] {nemo} with proper spellings of course
[11:37] {Threei}  pulp, windshield day etc
[11:37] {Threei}  Fitch: EU crisis continues to weigh on Global credit outlook- Downward pressure on sovereign ratings unlikely to decrease until Eurozone has a credible road-map to fiscal, financial and political integration
[11:38] {thomcbell} nws setting up long nicely here
[11:38] {Threei}  I am truly amazed... do they really think such integration can take place?
[11:38] {thomcbell} a bit sudden of a pop
[11:38] {Threei}  will sovereign states give up sovereignity and allow Brussels write their budgets?
[11:39] {nemo} not really Thom, market hit support levels, something had to happen
[11:39] {nemo} that's why I thought I saw long setups in IWM and SPY
[11:39] {nemo} o.k out last .33
[11:40] {Threei}  - Spain has deteriorated dramatically and its size and contagion to Italy make it more systematically important than Greece
[11:40] {jackharry} those same sovereign states already allow the majority of their laws to come from Brussels rather than their own parliaments, and they freely gave up control of their own currency and interest rates
[11:41] {thomcbell} long setup nws 22.30 break if holding 22.20
[11:42] {jackharry} they haven't been able to convince the people of the merits of going the next logical step, full fiscal and political integration, so now they are trying to scare them into accepting it
[11:42] {Threei}  sigh
[11:42] {Threei}  lesser stuff eneded in wars
[11:42] {jackharry} the whole thing stinks
[11:43] {dino} exactly 3i
[11:43] {Threei} Long Setup:  MCD  .50 break
[11:43] {Threei}  If holds  .40
[11:44] {dino} and jackharry, as for scaring the people, it is way beyond that imo.
[11:44] {Threei}  target 1:2
[11:45] {dino} stc orly july 80 calls 3.40, +1.15
[11:47] {nemo} beatin' that one like a redheaded step child dino
[11:48] {thomcbell} qcom stopped its crazy strength
[11:48] {thomcbell} bo real entry ever given on the short but still think one may develop at some point
[11:51] {Threei}  MCD is on a slowish side... used to move faster earlier in the day
[11:52] {Threei}  if falling asleep, scratch it b/e
[11:53] {dino} lol nemo, having a good day w/it. thx again for heads' up
[11:55] {Threei} Short Setup: GDX  .20 break
[11:55] {Threei}  If holds  .30
[11:57] {Threei}  stop to .28
[11:58] {Threei}  no go MCD
[12:00] {Threei}  ditti GDX... I think I am pushing it
[12:00] {Threei}  random time
[12:00] {thomcbell} nws 1:1
[12:03] {thomcbell} target on nws is 22.55
[12:05] {dptl} fb .80?
[12:05] {Threei}  nah
[12:05] {nemo} gap closes coming
[12:08] {dino} 12,640, 2585, 1335
[12:10] {_abakas} threei, how many shares do u normally trade on a trade?
[12:11] {Threei}  dpends on a stock liquidity an d size of a stop, normal lot being 1000 shares
[12:11] {Threei}  when comment hl is made, it's a half lot
[12:11] {thomcbell} nws 1:2
[12:11] {Threei}  but it also should depend on one's trading account size
[12:12] {Threei}  which dictates max loss allowed for any single trade
[12:12] {thomcbell} made sale 22.55 nws
[12:13] {_abakas} how do u play the stops?  mental or hard stops
[12:13] {Threei}  mental
[12:14] {Threei}  hate hard ones, and use them only if I have to leave my computer with position open
[12:15] {dino} i like hard stops _abakas because i can be an idiot at times
[12:15] {dino} enforces discipline
[12:17] {_abakas} thobcbell, where do u put the stop on nws?
[12:19] {thomcbell} now 22.64
[12:20] {thomcbell} 1:4
[12:21] {thomcbell} stop too 22.70 nws
[12:22] {thomcbell} 1:5
[12:22] {thomcbell} stop to 22.78
[12:23] {thomcbell} out
[12:23] {thomcbell} thanks for the assist nemo - would not have done it without you
[12:23] {Threei}  wtg
[12:23] {Threei}  very nice one
[12:24] {_abakas} thomcbell, do u use the 5 min chart for such trades?
[12:25] {thomcbell} i like to use 10 minute on top of a 1 minute chart
[12:25] {thomcbell} look at about 6 names all the time
[12:25] {_abakas} ty
[12:25] {thomcbell} that one was the best 1 minute cup i have seen in some time
[12:26] {thomcbell} on the 1 min i use vad bollinger inputs
[12:26] {thomcbell} vad's
[12:29] {_abakas} i use 5minute...what do u think?
[12:29] {Threei}  abakas, look at one of our typical trades, will help to visuakize:
[12:29] {Threei}
[12:37] {_abakas} threei, what stocks do u normally trade?
[12:37] {Threei}  pretty much anything that sets up and allows reasonable risk control
[12:38] {_abakas} do u trade aapl, cf, nflx, etc..
[12:39] {Threei}  not as a norm
[12:39] {nemo} quite the support in orly
[12:39] {thomcbell} Come on vad - slw fcx lvs tza
[12:39] {thomcbell} those never come off the screen
[12:39] {Threei}  AAPL is not really one where you can maintain tight stop
[12:39] {Threei}  well, they are staple stocks
[12:39] {Threei}  but it changes
[12:40] {thomcbell} wow these nat gas stocks
[12:42] {dino} could be because epa ruling, hurts coal fired power plants
[12:42] {thomcbell} yes most definitely
[12:43] {thomcbell} gap and go's
[12:44] {dino} lncr spike
[12:47] {dino} lncr rumors takeover bid coming
[12:50] {ese} anybody on this board from the UK ...Cambridge area
[12:50] {Threei}  ARNA halt
[12:51] {jackharry} from the UK, no where near Cambridge though
[12:51] {ese} just got off the phone with someone at the Cambridge rock festival whos interested in having The Midnights perform there
[12:51] {ese} hey could be somebody i'd like to talk to
[12:52] {dino} bto july lncr 31 calls 1.70
[12:52] {ese} where in the UK?
[12:53] {jackharry} Northern Ireland
[12:54] {dino} opps, that was puts not calls, sorry
[12:55] {Threei}  VVUS lost itas mind
[12:55] {dino} vvus voodoo
[12:55] {_abakas} do u use L-2?
[12:55] {Threei}  ARNA FDA has granted approval for the weight loss drug Belviq (lorcaserin) - financial press (8.73, -0.12, -1.36%) (related OREX VVUS WTW )
[12:55] {Threei}  yes
[12:56] {thomcbell} qcom still valid in my opinion
[12:56] {thomcbell} if holds 55.03
[12:56] {dino} thx 3i
[12:59] {Threei}  OREX too
[12:59] {thomcbell} tightening the stop to 55.01 on qcom
[13:01] {_abakas} threei, I use IB software for trading...what do u think?
[13:02] {Threei}  not the fastest... not the worst
[13:03] {_abakas} what do u use?
[13:03] {Threei}  if you prefer fast stocks, I'd pick faster software
[13:03] {Threei}  Laser
[13:03] {Threei}  talk to cc_8 to get demo
[13:04] {_abakas} IB allows only 3 L2 which is a problem...
[13:04] {cc_8} i can get you more via laser or sterling
[13:04] {_abakas} how many L2 u can open?
[13:05] {Threei}  I don't think there is a limit
[13:05] {Threei}  your screen real etstae and procesor power will limit it before Laser does :)
[13:06] {_abakas} which one do u recommend?
[13:06] {Threei}  [13:03] {Threei} Laser
[13:06] {_abakas} how much they charge per transaction?
[13:07] {Threei}  talk to cc_8 please
[13:07] {Threei}  double-click on his name to open private chat
[13:08] {thomcbell} out -0.06 on qcom half lot
[13:09] {Threei}  Arizona: Romney 54%, Obama 41%
[13:09] {dino} yeah baby
[13:09] {Threei}  can we limit election to arizona?
[13:11] {Threei}  ARNA's is a first new weight loss drug approved in 13 years
[13:20] {dptl} apc .74 short?
[13:20] {dptl} or .70
[13:21] {Threei}  can't tell really
[13:24] {Threei} Long Setup:  TZA  20 break
[13:24] {Threei}  If holds  .90
[13:26] {dino} gas dropping hard, boil, ugaz
[13:29] {Threei}  ORLY O'Reilly Automotive Inc Hearing Deutsche Bank cuts price target to $85 from $102
[13:29] {dptl} in tza
[13:30] {Threei}  this statement below doesn't breath confidencem does it:
[13:30] {Threei}  (EU) Germany Chancellor Merkel: euro zone is in a serious situation; hope to see growth pact approved at the EU summit tomorrow- Merkel: reiterates we need "more Europe." Markets are awaiting a Europe that functions. - France President Hollande: Germany Chancellor Merkel and I agree progress has been made on growth measures; must 'deepen' the EMU
[13:30] {Threei}  target 1:2, two partials
[13:30] {Threei}  scalpers don't need my advice
[13:31] {Threei}  {scalpers} who are you?
[13:31] {scottie} there's none here
[13:32] {Threei}  1:1
[13:32] {Threei}  play by the book
[13:32] {Threei}  not a creative trade
[13:32] {scottie} half .09 +.10
[13:33] {dptl} did not got filled
[13:34] {Threei}  if it retreats from exact level, just hit .09
[13:34] {Threei}  don't be a penny smart
[13:37] {Threei}  there you go
[13:37] {Threei}  forthose who needs repetition
06[13:37] * Threei slants at dp
[13:37] {dptl} ya half out
[13:38] {Threei}  cool
[13:38] {dptl} ty
[13:38] {Threei}  let's see if we get 1:2
[13:38] {Threei}  yw
[13:38] {dptl} can we trail stop to under .05
[13:38] {dptl} ?
[13:39] {Threei}  if you are very stingy...
[13:39] {Threei}  I'd still keep at .99
[13:39] {dptl} ok will keep it at be
[13:39] {Threei}  if it cpnsolidates above .10 and makes new high, then yes
[13:40] {Threei}  @Reuters: Gunmen drive van packed with gas canisters into Athens headquarters of Microsoft
[13:40] {Threei}  hmmm... it all must be a MSFT fault
[13:43] {Threei}  ARNA opens in 5 min
[13:43] {Threei}  in 2
[13:44] {Threei}  if you feel sleepy, that should wake you right up
[13:44] {Threei}  and if you need adrenaline spike and have fresh diapers handy, go ahead and trade it
[13:46] {Threei}  I am afraid I just provoked cipher...
[13:46] {dptl} len .40 short?
[13:47] {Threei}  if SPY loses 133, yes, should work
[13:54] {Threei}  LEN 1:1
[13:54] {dptl} did not take it , it broke before spy did. hesitated
[14:03] {dino} out aap 65 calls 2.00 +.65
[14:14] {Threei}  crying about LEN second chance yet, dp?
[14:16] {dptl} well....those moves back and forth i just can read them
[14:17] {dptl} can't
[14:19] {Threei}  I know but how else can I spoil your mood?
[14:19] {dptl} :)
[14:23] {Threei}  be back in 20
[14:23] {Threei}  and that's the case I set auto stop for the balance of TZA
[14:29] {dino} .
[14:34] {nemo} XOM
[14:34] {dino} no gap fills yet
[14:35] {nemo} may be close enough for government work
[14:41] {dino} lol, not!
[14:41] {dino} tomorrow pop to fill then death drop
[14:41] {Threei}  back
[14:42] {Threei}  didn't miss much I see
[14:42] {dptl} short pot .98
[14:43] {dptl} .05 stop
[14:43] {Threei}  there has to be a joke in there somewhere...
[14:43] {dptl} lol
[14:43] {Threei}  :)
[14:44] {dptl} well the whole market is like a buch of pot heads lol
[14:46] {Threei}  yes but not all of them are short on pot... {G}
[14:46] {dptl} :) true
[14:57] {Threei}  Federal judge refuses to stop Florida from removing potentially non-US citizens from its rolls
[14:57] {Threei}  The U.S. Department of Justice sued the state to halt the purge, arguing it was going on too close to a federal election.
[14:57] {Threei}  are they complete imbeciles?
[14:58] {Threei}  U.S. District Judge Robert Hinkle uled that federal laws are designed to block states from removing eligible voters close to an election. He said they are not designed to stop states from blocking voters who should have never been allowed to cast ballots in the first place.
[14:58] {dino} unbelievable, they want to allow non-citizens to vote
[14:59] {Threei}  every time I think there must be a limit to idiocy, they prove me wrong
[15:01] {nemo} orly looking short, reasonable stop
[15:03] {nemo} 1:1 if you got it
[15:05] {dptl} apol short .74?
[15:06] {Threei}  not sure
[15:08] {dino} gotta hop, thx for ideas (especially nemo on orly, aap)
[15:08] {Threei}  take care dino
[15:08] {Threei}  (EU) European leaders work to establish framework of solutions before summit begins tomorrow - FT- Officials indicate the most likely plan is to use the �440B rescue funds to purchase Italy and Spain bonds, and to do so new reform conditions would need to be put in place assuming the purchased bonds were at auction rather than in the open market
[15:09] {_abakas} are we done for the day?
[15:09] {dino} i am
[15:10] {dptl} out tza
[15:10] {Threei}  50 min still
[15:10] {Threei}  things may or may not come alive
[15:11] {Threei}  TZA, scalpers win
[15:11] {nemo} it's like hunting abakas
[15:12] {nemo} this is good for orly market up orly not
[15:12] {dptl} stopped pot
[15:13] {Threei} Short Setup: ARNA  11 break smallish shares
[15:13] {nemo} they're trying to keep orly up, but...bids getting hit
[15:13] {Threei}  If holds  .15
[15:20] {Threei}  needless to say, invalidated
[15:32] {scottie} gotta go, see you all tomorrow
[15:32] {Threei}  take care scottie
[15:34] {Threei}  27% Say U.S. Heading in Right Direction
[15:34] {Threei}  ummm
[15:35] {Threei}  those who think "off a cliff" is right direction I guess
[15:38] {Threei} Long Setup:  AMT  .60 break hl
[15:38] {Threei}  stop .54
[15:40] {Threei}  half out
[15:40] {Threei}  scalpers be free
[15:41] {Beau} .12 thx vad
[15:41] {Threei}  :)
[15:45] {Threei}  OK guys, I guess that'd be all for the day,
[15:45] {Threei}  nice one at that
[15:45] {Threei}  Thank you all, have a great evening
[15:45] {Threei}  let's get them again tomorrow
[15:47] {Beau} gn all
[15:47] {dptl} gn