(EU) German Chancellor Merkel cancels EU summit press conference scheduled for tonight; Talks on growth measures in progress
- Follow up: Market reactions appear focused on the prospect of this cancellation meaning that there is some progress being made at the EU summit and the potential for an announcement that may ultimately benefit Spain and Italy in the short term.
Shrug.
Session Time: Thu Jun 28 00:00:00 2012
[09:02] {Threei} (EU) Reminder: EU Leader Summit to begin at this time- There will be a press conference with EU President Van Rompuy and Commissioner Barroso but no set time; likely well after the European close
[09:06] {jackharry} good morning everyone
[09:06] {_abakas} gm all
[09:06] {Threei} jack :)
[09:06] {Threei} abakas :)
[09:07] {_abakas} do we have any news today?
[09:07] {Threei} not really, mostly expectations of EU summit
[09:07] {Threei} and they are not very rosy
[09:08] {Threei} also JPM loss estimate widened
[09:08] {Threei} from 2 to 9B
[09:10] {thomcbell} is that a typo Vad?
[09:10] {nemo} from vad, nah, never, gag
[09:10] {nemo} Well let's see if it's Obama-boy day?
[09:10] {nemo} From what movie am I paraphrasing?
[09:12] {Threei} where tbell?
[09:14] {Threei} come on, suspense is killing me... I already re-read what I tyoed twice and found none :)
[09:17] {dptl} gm
[09:17] {scottie} gm
[09:17] {Threei} dp :)
[09:17] {Threei} scottie :)
[09:17] {nemo} personal opinions
[09:17] {Threei} lol
[09:17] {Beau} morning you all
[09:17] {Threei} beau :)
[09:19] {ese} morning
[09:20] {Threei} ese :)
[09:20] {thomcbell} from 2 to 9b
[09:21] {thomcbell} sorry was going thru some charts
[09:21] {Threei} no
[09:21] {Threei} JPMorgan Chase and Co There is speculation that the trading loss related to CIO unit could hit $9B - NYT- Cites people who have been briefed on the situation.
[09:21] {thomcbell} thats banans
[09:21] {thomcbell} bananas
[09:22] {Threei} I'd strongly suggest all the banks whose traders cause such losses to send them to us for some education and rehabilitation
[09:22] {Threei} it's always the same story with them
[09:23] {Threei} ambitious trader takes on too big position, sees loss, doesn't accept it, adds to losing position
[09:23] {Threei} and continues averaging down until it grows beyond his ability to manage it and hide it
[09:25] {Threei} http://blog.realitytrader.com/2009/06/averaging-down-yea-or-nay.html
[09:29] {Threei} short direction is almost a given
[09:30] {Threei} Long Setup: TZA .35 break
[09:30] {Threei} If holds .25
[09:31] {Threei} Invalidated
[09:31] {Threei} Short Setup: FCX .70 break
[09:31] {Threei} If holds .75
[09:32] {jimmy} gm
[09:32] {Threei} jimmy :)
[09:33] {Threei} no go
[09:33] {Threei} TZA, keeping an eye for an entry on pullback again
[09:34] {nemo} tna .46
[09:34] {nemo} sto udner .40
[09:35] {Threei} Long Setup: TZA .30 break
[09:35] {nemo} half .63
[09:35] {Threei} If holds .20
[09:35] {Threei} Long Setup: FAZ .15 break
[09:36] {Threei} If holds ..5
[09:36] {Threei} .05
[09:36] {Threei} target 1:2
[09:36] {nemo} stop under .55
[09:37] {nemo} 1/4 .80
[09:37] {Threei} TZA invalidated
[09:39] {nemo} stop under .75
[09:39] {dptl} in faz
[09:39] {cc_8} in faz
[09:40] {Threei} stopped
[09:40] {dptl} ye
[09:40] {cc_8} yep
[09:40] {nemo} stop under .00
[09:43] {Threei} Short Setup: JPM .55 break
[09:43] {dino} dumb question. i've lost my favorites icon, where did it go, how do i get it back
[09:44] {nemo} what is it to?
[09:44] {Threei} change to .60 break
[09:44] {dino} on top of screen "favorites"
[09:44] {Threei} If holds .65
[09:44] {dino} it is no longer there
[09:44] {nemo} desktop, on a specific application?
[09:45] {cc_8} usually you right click and "add favoriates bar"
[09:45] {dino} click what?
[09:45] {Threei} Invalidated
[09:45] {Threei} not finding right plays yet
[09:45] {nemo} stop under .20
[09:47] {Threei} Short Setup: SLW .70 break
[09:47] {Threei} not a scalp
[09:47] {Threei} stop above .80
[09:48] {Threei} target 1:3
[09:48] {nemo} stop under .35
[09:48] {nemo} out .33
[09:49] {Threei} 1:1, first partial out
[09:49] {Threei} stop to .72
[09:49] {nemo} damn, should have held my original previous stop again
[09:51] {Threei} good play anyway nemo
[09:51] {Threei} wentry is near perfect
[09:51] {Threei} =w
[09:51] {nemo} ty, I saw big bid and thought it was stretched, so...eh
[09:52] {Threei} (EU) EU officials: Luxembourg PM Junker to stay on as head of Eurogroup- Klaus Regling to become head of permanent bailout fund (ESM)
[09:52] {Threei} "permanent bailout fund"
[09:52] {Threei} heh
[09:53] {Threei} come on SLW, 1 cent to 1:2, and you reverse?
[09:53] {Threei} drop back down, will ya
[09:53] {Threei} OK
[09:54] {Threei} scalpers win
[09:54] {Beau} scalped SLW for .10 thanks Vad
[09:54] {Threei} :)
[09:54] {Threei} VRTX, diaper stock
[09:55] {nemo} spy forming nice range
[09:55] {nemo} upro break on spy above .40
[09:55] {Threei} Short Setup: ANF .50 break
[09:55] {Threei} hl
[09:55] {Threei} If holds .60
[09:56] {nemo} coal stocks are so beaten up think they go farther than anybody can fathom
[09:56] {Threei} well, not without pullback
[09:56] {nemo} yeah, but your rocket catching
[09:56] {nemo} you are
[09:57] {Threei} not really, just waiting for a reversal setup
[09:57] {nemo} at R#
[09:58] {Threei} let's see if gives us double top now
[09:58] {nemo} r3
[09:58] {Threei} no... reversed with no clear setup
[09:59] {nemo} broke above R3 on the daily and then dropped
[09:59] {Threei} too bad
[09:59] {nemo} whacked those stops
[09:59] {cc_8} anf worked
[09:59] {cc_8} still short SLW and ANF
[10:00] {Threei} where did you get ANF?
[10:00] {cc_8} 31.59
[10:00] {Threei} hmmm... not my kind of entry :)
[10:00] {cc_8} thats my fault actually, got in early
[10:01] {nemo} mmmhhh tna break of .20 might be worth it if spy plays
[10:02] {Threei} Long Setup: ARNA .10 break
[10:02] {Threei} If holds 11
[10:03] {dptl} in
[10:03] {thomcbell} long setup nws 22.40 break if holding 22.32
[10:04] {Threei} scratch ARNA into this bounce
[10:05] {Threei} this health care decision may screw up these stocks
[10:05] {dptl} out -.06
[10:05] {thomcbell} nwa invalidated
[10:06] {thomcbell} nws
[10:06] {Threei} decision is rendered
[10:07] {Threei} uncostitutional
[10:08] {Threei} or not
[10:09] {Threei} they can't decode the decision, lolk
[10:09] {ese} news report says constitutional
[10:09] {Threei} there is a distinction:
[10:09] {ese} mandate upheld by supreme court according to the release
[10:09] {Threei} constitutional as a tax
[10:10] {nemo} yahoo...now we get taxed out the ass
[10:10] {Threei} not as a punishing levy
[10:10] {ese} ya I don't get that part
[10:10] {Threei} parts are upheld, parts are invalidated
[10:11] {Threei} can do it as a tax, can't do it as a penalty
[10:12] {ese} hmmmmmmmm
[10:12] {Threei} administration however insisted that it was not a tax
[10:12] {Threei} which not turns it is
[10:12] {Threei} not = now
[10:14] {Threei} *(US) SUPREME COURT RENDERS DECISION ON HEALTHCARE REFORM LEGISLATION (OBAMACARE); MANDATE UPHELD BY THE SUPREME COURT- Insurance mandate is constitutional as a 'tax' but not as a penalty
[10:17] {ese} L cell .11
[10:18] {ese} full lot
[10:18] {ese} out 1/2 .25 +.144
[10:18] {ese} .14
[10:19] {ese} stop to .15
[10:19] {dptl} cell?
[10:20] {ese} y
[10:20] {dptl} ? out .25?
[10:21] {ese} stop is tight but we'll see
[10:21] {thomcbell} dgx thin but looks good as a long
[10:21] {ese} dtoppet
[10:21] {ese} .15 +.04 balance
[10:22] {thomcbell} no setup yet
[10:24] {ese} hmmmmmmm......new word for getting out........"dtoppet" pronounced ..deeeeetop.....id
[10:26] {thomcbell} i have a tiny long on dgx
[10:26] {thomcbell} 0.29 stop
[10:26] {Threei} Long Setup: GDX .40 break
[10:26] {Threei} If holds .30
[10:26] {Threei} Invalidated
[10:27] {ese} ok....enough for today......i know i'm tired but this is ridiculous......that last stock that i was in and out of was not CELL it was OFG......ok thats a new one
[10:27] {Threei} lol
[10:28] {dptl} lol and i thought i am going nuts
[10:28] {Threei} Long Setup: GDX .25 break
[10:28] {thomcbell} target is 59
[10:28] {Threei} If holds .20
[10:29] {Threei} half out .33
[10:29] {ese} holy "C" thats bizzarre....was looking at the settlement and and went WTF.......
[10:29] {nemo} states can opt out, this is a riot
[10:29] {nemo} Yeah, you can do it Congress, the states don't have to follow
[10:30] {Threei} wow
[10:31] {Threei} "What Congress is not free to do is to penalize States that choose not to participate in that new program by taking away their existing Medicaid funding."
[10:31] {ese} my apologies to the board........bought and sold the right stock but reported the wrong symbol.........sheesh....been a long tiring year but man......weird mind trick
[10:31] {Threei} this starts looking like they upheld it formally while making it dead in practice, and making Obama look very bad by calling it a tax
[10:31] {nemo} frickin' musician
[10:32] {Threei} lol
[10:32] {ese} this one goes down in the annals for sure
[10:32] {thomcbell} makding sales dgx
[10:33] {Threei} ese, look dcc pls
[10:34] {nemo} ese, been using your head as a drum stick?
[10:38] {thomcbell} dgx out
[10:38] {nemo} we're at support for spy and IWM
[10:39] {ese} no........as the drum head and beating on it
[10:40] {nemo} I'll do that for ya...
[10:40] {ese} perfect......could use that right now
[10:42] {nemo} bounce time
[10:43] {nemo} iwm bounced at 200 SMA and SPY at S3 on the daily
[10:43] {nemo} short into it I think
[10:44] {nemo} no volume
[10:49] {dptl} vrtx .50 long?
[10:49] {dptl} 55
[10:49] {dptl} sorry
[10:49] {Threei} can't tell
[10:56] {thomcbell} i sent you a weekly of fcx Vad to your email
[10:56] {thomcbell} feel free to share
[11:00] {nemo} faz might be worth it here, small stop
[11:04] {ese} nemo.....do you trade any vwap signals.........like a reversion to the mean type of thing......stock gets to far below or above and moves back to it type of thing
[11:06] {nemo} I watch vwap and if there are other confluences at vwap, that increases the probability
[11:06] {ese} of going long or short?
[11:06] {ese} or both
[11:06] {nemo} yep
[11:07] {ese} just wondering....RIO is right at it right now.....above at this point
[11:08] {nemo} yeah, but it's not showing much range
[11:08] {ese} no
[11:09] {ese} was just wondering because mrkt makers and in house traders made a wac of dough if they beat the vwap.......just kinda wondering how much influence it has
[11:09] {nemo} and it's oscillating around 44.60 or so. I think you could get shaken in that area. I'd want to wait until it got to a more extreme part of the range and see what sets up there. The middle is no place to be
[11:09] {ese} make
[11:09] {nemo} well unless it's a menage and you're the only guy
[11:09] {ese} y definitely
[11:10] {ese} lol
[11:10] {ese} ahhhhhhh hemmmmmmm!!!!1
[11:10] {Threei} Long Setup: IWM .50 break
[11:10] {Threei} If holds .40
[11:10] {dptl} in
[11:17] {thomcbell} now dgx just flat out firm
[11:22] {Beau} going to partial, Vad?
[11:22] {Threei} nah
[11:22] {Threei} scalp
[11:23] {Threei} market is in coma waiting for EU summit
[11:23] {Threei} 1:1
[11:23] {dptl} out ty
[11:23] {Threei} yw
[11:23] {scottie} out +.09 ty
[11:24] {Beau} .10 thanks
[11:31] {Threei} Short Setup: AET 39 break hl
[11:33] {Threei} According to an official with US House Majority Leader Eric Cantor's office, House health care repeal vote is July 11
[11:33] {dptl} in
[11:33] {Threei} political posturing
[11:33] {Threei} this one is not a scalp
[11:34] {Threei} 1:1
[11:34] {dptl} out ty
[11:35] {jackharry} cc_8 - query re Laser, on this IWM trade i sold half at 76.61, and moved stop on balance to 76.51, however the stop triggered about 30 seconds later 11.26, filled me at 76.59. Why would the stop have triggered?
[11:35] {Threei} with two wins back to back, looking better
[11:36] {dino} taho sm l .50
[11:37] {dino} stop is .19
[11:37] {nemo} depends on your stop order parameters...execute on bid offer or actual T&S transaction
[11:38] {Threei} (EU) EU leader draft summit document to call for specific 'road map' and time frame for economic and monetary union; plan to be formed by the end of the year, with an interim update in Oct
[11:38] {Threei} - Asks the 4 top European officials to formulate the plan (including EU Pres Van Rompuy).
[11:38] {Threei} - Document indicates a banking union should encompass all EU countries with allowance for slight difference between nations in the EU and those in the EMU.
[11:39] {Threei} US) President Obama to speak on the healthcare ruling at 12:15ET
[11:39] {Threei} victory lap
[11:39] {jackharry} Uk won't accept banking union, even with "slight differences"
[11:40] {Threei} thank goodness
[11:40] {Threei} island of common sense in the sea of insanity
[11:40] {jackharry} nemo, pretty sure its on actual transaction, not just bid offer
[11:41] {Threei} here is the most amazing thing to me
[11:42] {jackharry} well, current govt wont accept it, that might change if the Labour party got back in in 2015
[11:42] {Threei} anyone who lived through swampy years and collapse of Soviet Union can easily recognize EU situation for what it is
[11:42] {Threei} and see its inevitab;e death
[11:43] {Threei} it's not like it's an ancient history, this happened quite recently
[11:43] {Threei} by historical standards
[11:43] {Threei} How come they don't see that it's almost exact repetition of what already proven to be non-viable?
[11:44] {Threei} to be pedantic, there are two differences
[11:45] {Threei} 1. USSR didn't borrow to live better (it couldn't because richer countries were ideological enemies), so it lived in poverty
[11:46] {Threei} 2. USS held its parts (countries) by armed force
[11:46] {Threei} both differences made that experiement lasting longer than EU
[11:46] {Threei} borrowing into unsustainability and hesitance (I hope) to use force will finish it off faster
[11:50] {jackharry} they won't give up easily, every time the "European project" has gotten into trouble , from the ERM debacle of the early 90s to the current farce, their answer has been more "Europe", more integration, and stuff democracy and the will of the people
[11:51] {jackharry} survival of their european dream is all that matters
[11:55] {dino} out taho .05, +.55
[11:55] {Threei} wtg
[11:55] {dino} ty
[12:00] {thomcbell} long setup cog 39.51 break if holding 39.40
[12:01] {nemo} we might be forming handle of C&H on SPY and IWM this recent bottom on spy 38.2 retrace from recent high
[12:01] {thomcbell} target 1:3
[12:03] {nemo} 40.30 probably
[12:03] {thomcbell} im shooting for 39.95 on a 1500 share lot
[12:03] {nemo} partial and see if you can Vwap
[12:10] {nemo} mos might be setting up to be a short here, break of .15
[12:10] {nemo} stop above .20
[12:11] {Will49} Just checking connections to room
[12:11] {nemo} age year born or...
[12:11] {Threei} hi Will
[12:11] {Threei} it works
[12:11] {Will49} Hi Vad
[12:12] {nemo} 1:1
[12:12] {Threei} good one nemo
[12:12] {Threei} you are nailing them today
[12:12] {Will49} Yes...and "wish" 49 was birth date
[12:13] {Threei} Short Setup: ETP .40 break hl
[12:14] {Threei} If holds .50
[12:14] {dptl} in
[12:14] {Threei} victory lap on TV
[12:15] {nemo} 1:2
[12:15] {nemo} oh goody, size on the offer
[12:16] {nemo} nobody hit the offer
[12:16] {nemo} good for me
[12:16] {nemo} stop to .00
[12:17] {Threei} .34 is last line of defense for ETP
[12:17] {dino} wow sold taho about a dollar too soon
[12:17] {nemo} we'll have to start calling you ese
[12:17] {Threei} if that support is broken, should plunge to about .25 quickly
[12:19] {thomcbell} tightening stop to 39.47 on cog
[12:21] {nemo} stop to .90
[12:24] {nemo} out
[12:24] {nemo} I may regret that
[12:28] {Threei} things stalled
[12:28] {nemo} dino kick the plug out again?
[12:29] {thomcbell} cog 1:1
[12:30] {Threei} someone tripped over market cord and unplugged it
[12:31] {nemo} friend of mine just shorted COG
[12:32] {dino} opps, sorry about that
[12:32] {Threei} let's trail ETP to .46
[12:32] {thomcbell} starting to feel that way - no sorry necessary
[12:33] {Threei} took long enough to start limiting risk
[12:33] {thomcbell} looks like a good entry short on my stop 39.47
[12:34] {dino} 07 al red
[12:34] {Threei} finally... took its sweet time... 1:1
[12:34] {nemo} yep, I regret my MOS stop
[12:34] {Threei} dp, wake up
[12:34] {dptl} out .28
[12:34] {dptl} ty
[12:34] {Threei} start covering
[12:34] {Threei} :)
[12:35] {Threei} danger of such slow trades is that you fall asleep and miss exit
[12:35] {Threei} also, you break the keyboard with your chin
[12:35] {nemo} bounce time
[12:36] {nemo} niblle .81 tna stop .74
[12:36] {nemo} nibble
[12:36] {Beau} bought late .13 thaks Vad
[12:36] {Beau} or thanks
[12:37] {Threei} yw
[12:37] {Threei} either will do
[12:37] {Threei} being a bit of diksleksiq myself, I am very accepting of (mis)typing
[12:40] {Beau} sad thing is i can read diksleksiq.
[12:40] {Beau} nemo taught me
[12:40] {Threei} even sadder thing is, we all understand nemo
[12:42] {nemo} Vad, kick tna
[12:42] {Threei} hmmm
[12:42] {Threei} you think it's upward bound?
[12:43] {nemo} for a little bit
[12:43] {Threei} toughie, honestly
[12:43] {nemo} I'm in .81 stop .74
[12:44] {nemo} I'm getting bored with it though
[12:44] {nemo} shoulda' taken .89
[12:46] {nemo} I'm out
[12:47] {nemo} U r classic Josh "@ReformedBroker: Murdoch tells @CNBC he may change Wall Street Journal name to "WSJ", NY Post will become "WTF""
[12:49] {nemo} oh damn, it
[12:49] {nemo} tna shaping up again and so is spy
[12:50] {nemo} shit
[12:52] {dino} bto vrtx july 55 calls at 2
[12:54] {nemo} that's a higher low, we might ru for awhile now
[12:56] {nemo} Vampire Squid trading relatively strongly
[13:05] {ese} gotta go c ya ta ma ra
[13:07] {nemo} thanks for the warning
[13:08] {dino} pvh sm l .46
[13:12] {Threei} Long Setup: GSK 45 break
[13:13] {Threei} If holds .95
[13:13] {Threei} just a quick scalp, nothing big
[13:13] {dptl} in
[13:14] {nemo} I love dp...leads with his head
[13:14] {dptl} :)
[13:18] {dino} pvh stop -.21
[13:18] {nemo} esrx might be a short
[13:19] {dptl} cog .70 long?
[13:19] {nemo} then again
[13:20] {nemo} that may have been the shake on esrx if it drops .60 here
[13:21] {Threei} not sure about COG
[13:25] {nemo} esrx might be ready
[13:28] {dino} last try pvh sm l .25
[13:30] {thomcbell} cog is in no man's land
[13:31] {dptl} out gsk
[13:31] {nemo} shorting esrx .75 small
[13:32] {nemo} 1/2 .64
[13:32] {nemo} ok..stop to .85
[13:34] {Threei} Obama on high court health care ruling: 'Whatever the politics, today's decision was a victory for people all over this country'
[13:34] {nemo} taking stop down to .72ish
[13:34] {Threei} I guess that's why 57% say it should be overturned
[13:36] {nemo} argualby should add if this doji drops
[13:40] {Threei} SPY starts looking like brwakdown coming
[13:40] {Threei} breakdown too
[13:41] {Threei} probably with little bounce first
[13:41] {Threei} so, this FAZ .40 break... while valid setup, but let's try to catch it on pullback to .30
[13:46] {nemo} stop to .40
[13:49] {Threei} pullback was not very clear for an entrey point
[13:49] {Threei} not sure if I wsant a break
[13:50] {Threei} I sure want a better typing but that ship has sailed
[13:51] {Threei} let's try it a bit differently
[13:51] {Threei} Long Setup: SPXU .63
[13:51] {Threei} If holds .50
[13:58] {dptl} sigh......
[13:59] {Threei} yeah
[13:59] {Beau} sh---
[13:59] {nemo} stop w/close above .30
[14:00] {nemo} out
[14:00] {nemo} GS going to highs
[14:01] {Threei} that was actually news headline that killed short
[14:01] {Threei} (EU) EMU official - Confirms speculation that EU leaders to discuss the possibility of purchasing of Spanish and Italian bonds.
[14:07] {thomcbell} hmsy seems to be the one most spirited after the supreme court decision
[14:07] {thomcbell} Jefferies said HMS Holdings (HMSY) is a big winner of the Supreme Court ruling as more than twenty states have not yet selected a Medicaid RAC vendor
[14:11] {Threei} Short Setup: WBMD .17
[14:11] {Threei} If holds .25
[14:14] {dino} vrtx sm l .71
[14:15] {_abakas} vrtx long?
[14:15] {_abakas} what is sm?
[14:16] {Threei} small shares
[14:16] {_abakas} ty
[14:16] {Threei} frikin FAZ did what I wanted to catch - pullback to .30 and rally from there, and I missed it
[14:17] {Threei} and SPXU rinsed
[14:17] {Threei} don't like this afternoon at all
[14:18] {Threei} my fault actually, had the right idea and right plan, and was too impatient
[14:23] {dino} vrttx stop -.30
[14:23] {dino} no bounces today
[14:23] {Threei} (US) PIMCO's Bill Gross July Investment outlook: Whats in a name
[14:23] {Threei} - Not only banks and insurance companies but sovereign nations as well cannot all be counted on to guarantee a return of principal, let alone a return on investment.
[14:23] {Threei} - An authentic debt crisis which the world is now experiencing can only be ultimately cured in two ways: 1) default on it, or 2) print more money in order to inflate it away.
[14:23] {Threei} - There are very few clean dirty shirts in this world. Timing in investment markets is critical and at the moment the U.S. is considered to be the cleanest.
[14:26] {Threei} so, more and more pundits say this court decision make Romney next president
[14:46] {dino} vrtx sm l .10
[14:57] {Threei} Long Setup: IWM .40 break
[14:58] {Threei} If holds .30
[15:02] {Threei} target 1:2
[15:04] {Threei} if this one doesn't work I eat my keyboard AND cut my wrist with a banana
[15:08] {Threei} 1:1
[15:08] {Threei} my keyboard is safe
[15:10] {Threei} playing by the book, half out and stop to .39
[15:13] {Threei} scalpers win
[15:24] {Threei} rinsed second hald... at 1:2 now
[15:24] {_abakas} vrtx??
[15:26] {Threei} ?
[15:26] {Threei} what about it?
[15:29] {dino} vrtx is broken
[15:30] {dino} out pvh +.40 @ .65
[15:30] {Threei} wtg
[15:31] {Beau} nice dino
[15:32] {dptl} vrx .30?
[15:33] {Threei} friking IWM
[15:33] {Threei} today is like a cemetery of missed opportinities
[15:33] {dino} why the spike?
[15:34] {Threei} (EU) German Chancellor Merkel cancels EU summit press conference scheduled for tonight; Talks on growth measures in progress
[15:39] {nemo} wow...look at this...extremely bullish...couldn't sell it down....they've agreed on Euro bonds
[15:39] {dino} crazy azz market
[15:40] {nemo} GS was always at the top of relative strength today even when it was selling down...the vampire squid knows
[15:40] {Threei} I don't believe they agreed to that
[15:40] {dino} are you calling gs the vampire squid?
[15:40] {Threei} this is hope and denial
[15:40] {nemo} they'll call it something else
[15:40] {nemo} vad the Ffffn politicians
[15:41] {nemo} just like the healthcare taxes aren't taxes
[15:41] {nemo} yeah GS=vampire squid
[15:41] {dino} ok
[15:41] {nemo} watch their relative strength every day
[15:41] {nemo} they were in the top 4 all day
[15:41] {nemo} too funny
[15:41] {dino} euro-bonds = print it away, right?
[15:41] {nemo} had tlt, xlp and xlu near the top
[15:42] {dptl} gn
[15:42] {nemo} also IYR was near the top in the morning and in the afternoon
[15:42] {nemo} Real Estate is is almost always only strong when the market is strong
[15:43] {_dolores} thxs vad
[15:43] {_dolores} take care guys
[15:43] {dino} cya
[15:45] {dino} hmmm just missed filling open gaps
[15:50] {Threei} still no elaboration on that line
[15:53] {Threei} see-saw day, somewhat frustrating
[15:53] {Beau} gn all tomorrow will be better
[15:53] {Threei} cluster of wins, cluster of stops
[15:54] {Threei} thank you all, have a goo evening
[15:54] {Threei} see you tomorrow
[15:59] {dino} gn all
