Monday, July 16, 2012

July 16 2012

(Course on chart pattern recognition is available now: http://www.realitytrader.com/111trades.html  )


With very nice start to the week and trades working like charm, today's Catch of the Day deserved its own title: Summer JBE. Typical JBE, just slow and narrow, on account of summer trading. Still, not too shabby for 6 cents risk 






Session Time: Mon Jul 16 00:00:00 2012
[09:06] {jackharry} good morning
[09:06] {Threei}  morning jack
[09:08] {dolores} hello GM
[09:08] {Threei}  dolores :)
[09:08] {dolores} hope you had areat weekend
[09:08] {dolores} great
[09:09] {Threei}  look at last three photos at http://www.facebook.com/vadym.graifer, this is from Sat
[09:12] {scottie} gm
[09:12] {Threei}  scottie :)
[09:13] {dolores} link not available
[09:13] {dolores} I am at your page in facebook
[09:13] {dolores}  is the fireworks?
[09:13] {Threei}  yes
[09:13] {_beaty} gm :)
[09:13] {Threei}  so it is available? :)
[09:13] {_beaty} cool fireworks photos Vad
[09:13] {Threei}  beaty :)
[09:14] {Threei}  ty
[09:14] {_beaty} I had to search for you on Facebook, link doesn't work
[09:14] {dolores} flamingos amazingly beautiful!!
[09:14] {Threei}  http://www.facebook.com/vadym.graifer
[09:14] {Threei}  you may be copying it with , frpm previous line
[09:15] {dolores} yes now ok
[09:16] {scottie} Beautiful colors Vad
[09:16] {Threei}  thank you
[09:16] {dolores} I've been in the gardens VAD
[09:16] {dolores} many years ago
[09:16] {dolores} very nice
[09:16] {Threei}  I am there about 10-15 times a year... :)
[09:17] {Threei}  changing every couple weeks, never the same
[09:18] {scottie} Visited Butchart Gardens too, in 1971
[09:18] {scottie} G
[09:18] {scottie} gives you an idea of my age, lol
[09:19] {Threei}  certainly changed since then, lol
[09:19] {Threei}  gardens I mean
[09:19] {scottie} me too of course
[09:19] {dolores} 1985
[09:19] {dolores} more or less
[09:20] {_beaty} I've never been, and wasn't born in 71 or 85 lol
[09:20] {_beaty} but I am going to the beach this week!
[09:21] {dolores} well beaty I wasn't exactly born in 1985!
[09:22] {Will49} GM
[09:22] {_beaty} I was born a year later :)
[09:22] {Threei}  will :)
[09:24] {ese} gm
[09:24] {Threei}  ese :)
[09:24] {ese} morning vad
[09:25] {Threei}  except IMF global outlook update, nothing major today
[09:25] {dptl} gm
[09:25] {Threei}  dp :)
[09:25] {ese} ddddddddppppppppp
[09:26] {dptl} :)
[09:26] {ese} shiskabob party countdown dp
[09:26] {dptl} yep
[09:26] {Threei}  am I invited?
[09:26] {ese} let us talk that over
[09:27] {ese} we'll get back to you
[09:27] {dptl} lol
[09:27] {Threei}  ese, fireworks after your show: http://www.facebook.com/vadym.graifer
[09:28] {ese} will have to try another format....am not signed up for facebllk
[09:28] {ese} bool
[09:29] {Threei}  it's accessible to anyone
[09:29] {ese} book
[09:29] {ese} what do i click on
[09:29] {ese} opps markst open
[09:29] {Threei}  *IMF UPDATES WORLD ECONOMIC OUTLOOK: Downside risk to global economy continues to loom large- Global 2013 GDP growth forecast to 3.9% from +4.1% Apr view
[09:30] {ese} awesome...positive statement to start the day
[09:30] {dolores} retail sales deecreased
[09:30] {Threei}  2013 GDP outlook - Cuts China 2013 GDP view to 8.5% from +8.8% Apr view - Cuts India 2013 GDP view to 6.5% from 7.3% prior - Cuts Euro Zone 2013 GDP view to 0.7% from +0.9% Apr view - Cuts Germany 2013 GDP at 1.4% from 1.5% prior - Cuts UK 2013 GDP to 1.4% from +2.0% Apr view - Cuts US 2013 GDP to 2.3% from +2.4% Apr view - Cuts Japan 2013 GDP view to +1.5% v +1.7% Apr view
[09:31] {Threei} Long Setup:  FCX  .05 break hl
[09:32] {Threei} Long Setup:  SLW  .05 break
[09:32] {nemo} looking for iwm support between here and .45
[09:32] {dolores} SLW you mean 26.05'
[09:33] {dolores} ?
[09:33] {Threei}  both if stay above .95
[09:33] {Threei}  yes
[09:33] {dolores} OK
[09:33] {Threei}  SLW, change trigger to 26 break
[09:34] {Threei}  Invalidated  
[09:34] {Threei}  FCX is valid
[09:35] {dolores} Citi downgrades 2012 and 2013 metals forecasts--LONDON--Citi Monday cut its outlook on metals prices for this year and next amid expectations that physical demand will drop off in the months ahead amid macroeconomic uncertainty. The bank cut its 2012 outlook on copper by 7% to $359 a pound and its 2013 forecast by 2... Full Story Mkt Watch 
[09:35] {Threei}  no go
[09:36] {Will49} fcx
[09:36] {dolores} this article does not help FCX recovery
[09:37] {Threei}  WFC
[09:38] {Threei}  watching for pullback entry
[09:39] {dolores} C testing loows
[09:39] {Threei} Long Setup:  WFC  .10 break
[09:39] {nemo} l tna .52
[09:40] {nemo} stop under .42
[09:40] {nemo} small
[09:40] {Threei}  If holds  .05  for scalpers, 34 day traders
[09:41] {nemo} my bad
[09:41] {Threei}  stop .04 for everyone
[09:41] {Threei}  sudden SPY drop, let's better keep it tight
[09:42] {Threei}  half out WFC
[09:42] {Threei}  1:1
[09:42] {scottie} +.10 ty
[09:42] {Threei}  scalpers be free
[09:42] {Threei}  stop to .09 if you partial
[09:46] {Threei}  was that out of bounds print at .06?
[09:46] {Threei}  I didn't see level 2 going that low
[09:47] {dolores} did not see it either
[09:47] {Threei} Long Setup:  ABT  .50 break
[09:47] {Threei}  If holds  .40 
[09:48] {nemo} feels like whack-a-mole stock
[09:48] {nemo} spy at daily pivot, which is also monthly
[09:48] {Threei}  .50 is important level, look at daily
[09:49] {Threei}  WFC, scalpers win
[09:49] {nemo} I agree...just voicing my feelings...you need to validate my feelings Vad
06[09:49] * Threei faints
[09:49] {nemo} I'm exploring my feminine side
06[09:50] * Threei slaps nemo around a bit with a Mona Lisa painting framed in lead
[09:50] {Threei}  validate this
[09:50] {nemo} upro long over .40
[09:50] {nemo} Saw that at the Louvre, behind 3 inches of glass
[09:51] {Threei} Short Setup: LVS  .30 break
[09:51] {dolores} WFC hold .08
[09:51] {Threei}  too fast?
[09:51] {nemo} in
[09:51] {Threei}  is got it, stop above .35 for scalpers
[09:51] {Threei}  .40 day traders
[09:53] {Threei}  half out .22
[09:53] {nemo} ok out for the number
[09:54] {nemo} things too hesitant
[09:54] {nemo} whoa, lucky me
[09:54] {Threei}  market is dropping
[09:54] {nemo} wait out the numbers
[09:54] {Threei}  6 min still
[09:59] {nemo} bidu 108 area inflextion
[09:59] {nemo} inflection
[09:59] {Threei}  stop to .31 now
[09:59] {Threei}  business inventories flat with expectations
[09:59] {Threei}  sorry, no
[10:00] {Threei}  .3% vs .2%E
[10:00] {nemo} let's see how the market takes that
[10:00] {nemo} inventory build,  mmmhhhhh
[10:00] {nemo} not selling
[10:00] {nemo} goes with bad retail number
[10:00] {scottie} on nasdaq.com, I see .3% vs .3%
[10:01] {nemo} l tna .02
[10:01] {nemo} small under .90 stop
[10:01] {nemo} 1 frickin 1 finally
[10:01] {Threei}  out second half
[10:04] {nemo} I'm out
[10:04] {nemo} shorting bidu below .80
[10:05] {nemo} stop is .95
[10:05] {nemo} so I'm small
[10:06] {dolores} LVS today trying against the maret
[10:09] {Threei} Long Setup:  IWM  .20 break
[10:09] {Threei}  If holds  .10 
[10:11] {Threei}  target .45
[10:14] {nemo} was watching IWM missed my stop on BIDU, went right back in range
[10:16] {Threei}  SPY breaks .10, trend changed
[10:16] {Threei}  1:1
[10:16] {nemo} o.k. scratching bidu
[10:16] {Threei}  half out
[10:16] {Threei}  scalpers know what to do
[10:16] {Threei}  stop to .18
[10:17] {scottie} out .31 +.10 ty
[10:17] {Threei}  :)
[10:18] {Threei}  (IT) Italy Govt has no plans to access european bailout funds with intent to purchase its Govt bonds
[10:18] {Threei}  nope... right up to the moment when they do
[10:19] {Threei}  1/4 more out IWM
[10:19] {Threei}  stop is .19 for the last piece, offering .45
[10:22] {Threei}  FSLR, positive comments by Jefferies
[10:22] {nemo} mmmhhh....lvs short under .55?
[10:23] {Threei}  nah
[10:23] {nemo} look offer .60 ....flashed huge
[10:23] {nemo} there it is
[10:23] {Threei}  better buy .60 break
[10:23] {nemo} yeah, two way
[10:23] {scottie} xlnx short .90? look at daily
[10:24] {Threei}  tough call... not sure
[10:24] {scottie} ok thanks
[10:24] {Threei}  this daily can easily turn a doiuble bottom
[10:24] {nemo} small again, stop above .60
[10:26] {Threei}  OK, let's trail IWM to .24
[10:26] {Threei}  time to start choking it
[10:26] {nemo} sheesh...feels like a whole day already
[10:28] {Threei}  IWM target hit
[10:28] {Threei}  out
[10:29] {Threei}  nailed market reversal perfectly
[10:29] {scottie} great call Vad
[10:29] {Threei}  ty
[10:31] {_beaty} blotter looking very green this morning :)
[10:32] {Threei}  cool beans
[10:32] {Threei}  1 stop, the rest worked like charm
[10:32] {nemo} flipped lvs
[10:32] {Threei}  ese music and fureworks help I guess
[10:34] {nemo} I think I hate LVS
[10:37] {nemo} o.k 1:1 lvs
[10:38] {Threei}  those huge offers when broken are nothing if not the best indication of strength
[10:38] {nemo} well, yeah, if the usual shakeout after doesn't get your stop
[10:40] {ese} definitely
[10:41] {nemo} whack-a-mole
[10:41] {ese} whack a mole?
[10:42] {nemo} I'm out
[10:43] {ese} L anf .04
[10:43] {ese} 3/4
03[10:44] * Retrieving #discussions modes...
[10:46] {Threei} Short Setup: EXPD  .65 break hl
[10:47] {Threei}  If holds  .75 
[10:48] {ese} suuuuuuuupppppppoooooorrrttttttttt!    sheesh you'd think this stock couldn't think.....35 is.......suuuuuuuupppppoooorrrrrrttttt!!!!!!!!!!
[10:48] {Threei}  lol
[10:48] {ese} go the other way already
[10:49] {ese} was just thinkin about those not permitted notices....they should start with an enlarged    YOU!!!!!!!! are not permitted......would be more effective don't you think
[10:50] {Threei}  I think you conversed with nemo too much...
[10:50] {ese} i'd be lying if I said he's never had an effect on me
[10:51] {Threei}  when you feel like hitting people qwith 2x4 randomly, you know this effect really takes root
[10:51] {ese} indeed
[10:52] {ese} I will admitt that i do get my agressive tendencies on the board from nemo
[10:52] {ese} it's a fact i can't deny
[10:52] {Threei}  let's keep EXPD stop at .71
[10:52] {Threei}  don't want to give it roo much room
[10:53] {Threei}  break of two day's support should work faster than this
[10:53] {_beaty} agreed, but tough when it has already made a large move
[10:54] {_beaty} consolidation near lows would help
[10:55] {Threei}  41% See Romney�s Business Record As a Positive, 41% Disagree
[10:55] {Threei}  yup... succesful business record is a bad thing to have... jeez
[10:56] {ese} that makes a 100%
[10:56] {ese} perfect
[10:56] {_beaty} it's not even that, in this economy it is a sin to have money
[10:56] {nemo} Yeah, they'd rather be led by someone who has no clue how to run a business
[10:56] {Threei}  I may have to rethink my view on the % of imbeciles among general population
[10:57] {Threei}  out EXPD
[10:57] {ese} ok.....i used the % sign there.......it won't happen again
[10:58] {ese} am thinkin about goin L a whole crap load more of anf if it shows signs of taking off
[10:59] {ese} am likin how it's stayin above 35 here
[11:00] {Threei}  sction slowed down a lot
[11:00] {Threei}  action too
[11:00] {ese} indeed
[11:00] {ese} or were you takin about nemos night life?
[11:01] {Threei}  I'll let bunny worry about that
[11:02] {ese} bunny?
[11:02] {Threei} Short Setup: JCP  .50 break
[11:02] {Threei}  If holds  .55 
[11:03] {Threei}  Invalidated  
[11:05] {ese} on a side topic.......didn't dino mention that magoo was coming back to the board at some time.....any eta on that vad
[11:06] {Threei}  moving target
[11:07] {nemo} I think he's got the lead in the remake of "Swampthing
[11:07] {ese} lol
[11:07] {nemo} Yeah, they figure the could save a bundle on makeup and prosthetics...he was a natural
[11:08] {nemo} now BIDU is gonna go after a $ run higher
[11:08] {ese} lol
[11:09] {ese} who's our Calgary contingent on the board........Stampede seemed to be a success......only a few animals killed this time
[11:10] {nemo} l tna .71 small stop under .60
[11:10] {ese} L more anf avg .04
[11:10] {ese} a whole lot more
[11:10] {nemo} 1:1
[11:11] {ese} 1:46 for me and i can retire
[11:11] {nemo} perfect market action today, pull back to shake out the weak longs after strong friday and been north ever since
[11:12] {ese} agreed nemo......this day should end up imo
[11:13] {nemo} 1:3
[11:15] {nemo} stop under .00
[11:15] {nemo} guess I shoulda traded bigger
[11:15] {ese} stop to break even anf .05
[11:15] {ese} indeed
[11:17] {ese} out 1/2 anf .19 +.15
[11:17] {Threei} Long Setup:  WLT  .40 break
[11:17] {Threei}  hl
[11:18] {Threei}  If holds  .30 
[11:18] {ese} stop on balance to .15
[11:19] {Threei}  target 1:2
[11:19] {nemo} stop to .10
[11:19] {Threei}  a bit on a pulp side, so half lot
[11:21] {nemo} well, looks like it back to the BTFD! strategy
[11:21] {Threei}  yeah
[11:21] {ese} BTFD?
[11:22] {Threei}  buy the blippin' dip
[11:22] {Threei}  1:1
[11:22] {ese} lol
[11:22] {scottie} .51 +10 ty
[11:22] {Threei}  yw
[11:23] {ese} scottie BABBBBBBBBYYYYYYY!!!!!! nice one
[11:23] {dptl} lol
[11:24] {scottie} lol
[11:24] {dptl} ese started practicing for shishkebab lol
[11:25] {Threei}  in his defense I have to say, the heat he had to perform in this Sat could have metled his drums
[11:26] {ese} if this trade works out i'm gonna fly the flippin stuff in from where ever it orginated.....india...russia?
[11:27] {ese} i'll say.......it was smokin hot on that stage.....fun but smokin hot must have sweated off at least 5 lbs
[11:28] {Threei}  and girls vocals were in black dresses...
[11:29] {ese} yup
[11:31] {Threei}  did I oversit second half WLT by just 1 cent?
[11:31] {dptl} nice and cool here in Vancouver
[11:31] {Threei}  ese, mind if I show your band's poster with moon?
[11:32] {Threei}  out second half
[11:32] {Threei}  oversat it
[11:32] {ese} not at all.....get an opinion would be great
[11:33] {ese} anf stopped balance .05 even
[11:33] {ese} vad will have to barbecue me thats shiskabob after all
[11:35] {Threei}  http://goo.gl/En2AC
[11:36] {nemo} great picture
[11:36] {scottie} which one are you ese, the one with the long legs?
[11:36] {Will49} What's the music genre?
[11:36] {ese} eggzaactilly
[11:37] {Threei}  too wide definition, scottie... there are no short legs there :)
[11:37] {scottie} now I'm gonna dream about you
[11:37] {ese} Rhythm and blues band
[11:37] {Will49} Sweet
[11:37] {ese} but we do a wide range of stuff
[11:37] {nemo} l vlo .96
[11:38] {nemo} stop 
[11:38] {ese} if it can be arranged for this type of format and be effective
[11:38] {nemo} mmmhhh, under .90
[11:38] {nemo} suppose it should be .85 but too close to lunch
[11:39] {nemo} sheesh tlt
[11:39] {nemo} oohhh looks like mrket gonna' pull back
[11:40] {ese} L anf .04
[11:40] {dolores} AZO keeps climbing up
[11:40] {dolores} low volume
[11:41] {Threei} Short Setup: FCX  .60 break
[11:41] {Threei}  If holds  .70 
[11:44] {Threei}  after .55 break let's trail stop to .66
[11:45] {nemo} wow, vlo hald nicely
[11:45] {nemo} 1:1
[11:49] {Threei}  let's trail stop to .66
[11:52] {dolores} consolidating that .60
[11:53] {Threei}  moves become too random
[11:53] {Threei}  so want to keep stops as tight as possible
[11:55] {nemo} mmmhhh, this action not good vlo
[11:56] {Threei}  Peugeot SA France Industry Min: To meet with Peugeot unions to discuss developments on July 17th
[11:56] {Threei}  **REMINER: on 7/12, press report stated that Peugeot is expected to close production facility at Aulnay site in 2014 and cut 8,000 jobs or approx of 4% of total workforce. In response, France Industry Min said the current Peugeot cost cutting plan is not acceptable and that he would present Auto Industry aid plan on July 25.
[11:56] {Threei}  not acceptable, eh
[11:57] {Threei}  confiscate it then and give it to unions
[11:57] {Threei}  take a page from Lenin's book
[11:57] {Threei}  why not, Obama did
[11:58] {nemo} Yeah, GM all over again
[11:59] {Threei}  .55 held again
[12:00] {Threei}  or better yet, go right to Stalin's book, and put them in Bastile
[12:03] {nemo} Lubyanka...or cutting trees for the Proletariat in Syberia
[12:04] {Threei}  cutting trees... mining gold... building railroads... proletariat needs are many
[12:06] {Threei}  die already FCX
[12:06] {ese} you 2 are so funny
[12:13] {Threei}  half out
[12:15] {Threei}  stop to .61
[12:27] {nemo} could argue tna long here
[12:28] {nemo} stop under .38
[12:29] {nemo} probably set hard stops and partials, could fall asleep
[12:29] {Threei}  wait... you mean you are awake right now?
[12:29] {Threei}  next thing we know, one has to be awake to trade
[12:30] {nemo} yeah, took a coupla' bennies
[12:30] {nemo} looking for iwm to hit .50 ish
[12:30] {nemo} 1/2 out .56 and .57
[12:31] {nemo} ok...going back to sleep
[12:31] {nemo} stop under .50 keep it tight
[12:31] {nemo} nice offer
[12:31] {nemo} oooh
[12:33] {nemo} http://fwd4.me/15a6
[12:37] {nemo} needless to say I'm out
[12:39] {ese} whats an hov lane nemo?
[12:39] {ese} is that a subway train compartment
[12:40] {nemo} no...they have a High Occupancy commuter lane that shifts from the north bound side in the morning to the southbound side in the afternoon.  That vehicle shifts the barriers that form the lane
[12:41] {ese} ahhhh
[12:42] {Threei}  anyone holding half of FCX still?
[12:42] {ese} not I
[12:42] {jackharry} No, all out
[12:42] {Threei}  ok
[12:43] {ese} Jack......any ideas for my rhythm and blues band in terms of clubs to play at in Ireland?
[12:43] {ese} you have any connections with anyone
[12:45] {jackharry} I do know a guy who is an entertainments agent, don't know too much about the type of acts he manages or the venues he could get, but I could certainly get an email address for you
[12:45] {nemo} mmm
[12:45] {nemo} not big on the stop, but longs shaping up again
[12:46] {ese} that would awesome.....thanks Jack
[12:46] {jackharry} I do know he also has connections in Glasgow, Scotland  
[12:47] {jackharry} He is more a friend of my brothers, I will try and get a number and get some contact details for you
[12:48] {ese} that would be terrific......
[12:48] {nemo} ok bought .31
[12:49] {Threei}  but you'll have to tale me on tour, as band's photographer
[12:49] {Threei}  take
[12:49] {nemo} stop .20
[12:49] {ese} definitely.........and........we won't loose any time trading either........we'll just use jacks setup in his office
[12:49] {nemo} 1:1
[12:52] {nemo} o.k stop to b/e
[12:53] {nemo} took some more off .51
[12:56] {ese} sorry nemo...lost track of your trade is it fcx your in?
[12:56] {nemo} tna
[12:56] {ese} tks
[12:56] {nemo} jpm looks short just not a lot of room
[12:57] {nemo} mon moving
[12:58] {ese} thinkin L tna here
[12:59] {nemo} watch spy if it breaks this range it's 
[12:59] {nemo} yep
[12:59] {nemo} sorry
[12:59] {nemo} didn't have time to type
[12:59] {ese} crap......just as i'm about to pull the trigger
[12:59] {nemo} what?
[12:59] {nemo} bladder issues?
[12:59] {ese} lol
[13:00] {ese} l tna .52
[13:00] {ese} out 1/2 .58 in a heart beat
[13:01] {nemo} moving my stop up to .45 or so
[13:03] {nemo} http://fwd4.me/15aE
[13:06] {ese} out .61 +.09
[13:06] {ese} tna 
[13:06] {ese} tks nemo
[13:06] {nemo} sure
[13:07] {nemo} tell ya though summer, as you well know, is more treacherous for these index etf's too
[13:08] {Threei}  listening to Obama's speech to business owners... "you didn't build your success on your own, government did it for you"
[13:08] {Threei}  I can't believe America elected this man, even less can I believe it's going to re-elect him
[13:09] {Threei}  never in history a man so hostile to business ran this country
[13:10] {Threei}  if you guys were as familiar with Soviet rhetorics as I am, you would faint... so close his are
[13:10] {nemo} We're a socialist country now Vad
[13:10] {Threei}  apparently
[13:10] {nemo} I'm very familiar with soviet rhetoric
[13:10] {Threei}  he could be a member of Poilitburo, changing very little in his speeches
[13:10] {jackharry} ese......spoke to the guy my brother knows, didnt seem to think he was the best person for you, but does know another agent he thought would be a better fit. He is currently in Spain, and the other agent is coming out in a few days, he is going to get me some contact details for you
[13:10] {nemo} And that fiscal cliff...what a joke...governments don't cut spending
[13:11] {nemo} the public sector is slowly absorbing the private sector, the only difference here is the oligarchs won't be fromt the KGB
[13:13] {nemo} mmhhhhh V long here?
[13:16] {nemo} V holding through this pull back
[13:16] {Threei}  per chart yes,
[13:16] {Threei}  SPY wesakens though
[13:16] {Threei}  if holding, .10 break then
[13:16] {dolores} wow was out FCX held well this downturn
[13:17] {nemo} yeah my thinking too that's R2 on the daily also
[13:17] {dolores} AZO down 5 points
[13:17] {dolores} difficult with the spread but every day makes the same move
[13:17] {dolores} breaks up and down
[13:17] {nemo} sell resistance, buy support
[13:18] {nemo} 1:1
[13:18] {nemo} God Bless ya, why don't you try Aapl or Goog
[13:19] {ese} tks Jack.....appreciate that
[13:19] {Threei}  well, GOOG... short .20 break :)
[13:19] {nemo} smart ass
[13:19] {nemo} oh...that's me ;-)
[13:20] {nemo} 79.44 is weekly pivot on iwm
[13:25] {Threei} Long Setup:  FCX  .80 break
[13:26] {nemo} yep, tightened my stop a little too much on tna
[13:30] {Threei}  stop ,74
[13:30] {Threei}  target .95, teo partials
[13:35] {nemo} nflx might be a good short here
[13:35] {Threei}  changing my mind... target 33.05, three partials
[13:35] {Threei}  dino should be back tomorrow, right?
[13:35] {nemo} not my day to watch him
[13:36] {Threei}  lol
06[13:41] * Threei kicks FCX in the rear
[13:42] {nemo} in danger of making a lower high
[13:43] {Threei}  SPY is holding trendline, so trade is valid still
[13:46] {Threei}  .85 break should bring us to first partial now
[13:46] {Threei}  .88 - .89
[13:46] {Threei}  with second around .95 - .97
[13:48] {Threei}  FYI: Dom Perignon was the name of the Benedictine monk who invented Champagne
[13:48] {Threei}  hmmm
[13:49] {Threei}  so, must have been strange name to grow up with: Vodka ForAll
06[13:50] * Threei kicks FCX in the rear with heavy duty army boots
[13:50] {Threei}  half out
[13:50] {Threei}  stop to .79
06[13:52] * Threei pokes FCX in the ribcage with electrocharged sharp stick
[13:59] {scottie} .91 +10 ty Vad
[14:00] {Threei}  :)
06[14:00] * Threei recharges stick, sharpens it and pokes FCX again
[14:00] {Threei}  so much work...
[14:01] {Threei}  I want to be ese... beat up drums for a living, girls singing and dancing...
[14:01] {Threei}  only I'd use 2x4, thise sticks he uses look awfully fragile to me
[14:02] {Threei}  no wonder he has to hit those same drums over and over again with no visible damage to them
[14:03] {Threei}  second partial out .96
[14:04] {Will49} that was fun...by the book
[14:04] {Threei}  stop to .84
[14:04] {Threei}  yeah, not a creative trade... textbook setup, same way to play it
[14:04] {Threei}  a bit on a slow side but that's summer
[14:04] {dptl} got to go , see ya tomorrow
[14:05] {Threei}  take care dp
[14:05] {Threei}  wait!!
06[14:05] * Threei slaps dptl around a bit with a large roll of cash
[14:05] {Threei}  now go
[14:05] {dptl} :)
[14:07] {ese} definitely should be slapped around
[14:09] {Threei}  so ese... going to consider my 2x4 idea? 'cause with those feeble sticks you are never going to win this battle
[14:09] {ese} hmmmmmmmmm
[14:13] {Threei}  http://goo.gl/IwZo5
[14:13] {dolores} GMCR breaking lows
[14:13] {Threei}  can you see this, ese?
[14:13] {dolores} thats a lotto stock
[14:26] {nemo} cvx
[14:26] {nemo} .20 break
[14:26] {Threei}  visual: http://goo.gl/RTNFp
[14:31] {nemo} V
[14:31] {ese} wow vad....thats a great shot of me on drums
[14:33] {nemo} v probably headed to 128 area
[14:33] {nemo} market pb
[14:38] {nemo} wow V strong in this pull back
[14:51] {nemo} tna break of .95 might be worth it if spy keeps going
[14:52] {dolores} GMCR close to 18!!!
[14:55] {scottie} that.s it for me, see you tomorrow guys
[14:55] {Threei}  take care scottie
[14:59] {dolores} GS reports tomorrow
[14:59] {dolores}  will it rally into the close?
[15:00] {dolores} GS had problems as JPM?
[15:00] {nemo} thinking .81 long tna
[15:00] {dolores} ANF at lows
[15:03] {Threei}  I don't hear anything about any fresh troubles at GS, dolores
[15:03] {dolores} thxs
[15:29] {nemo} spy at trend, iwm will come into trend at vwap
[15:33] {dolores} GS holding .30
[15:40] {Threei}  LVS revisist ,lows on daily day after day
[15:40] {Threei}  sooner or later this is going to blow up
[15:45] {dolores} now they take GS up
[15:45] {nemo} V strong
[15:46] {Beau} good belated morning all
[15:47] {Threei}  oh boy
[15:47] {Threei}  lol
[15:47] {ese} lol
[15:47] {Threei}  you give a new meaning to the term "sleep in" :)
[15:48] {Beau} wish that was the reason
[15:48] {Threei}  missed a lot Beau... great trading day, photos of ese, of his band and fireworks
[15:48] {Threei}  plus plenty of decisively not funny jokes
[15:49] {Threei}  most of them nemo's of course, mine were funny
[15:49] {Beau} wow.I'm starting to wonder if I'm bad luck for you all.  miss a day and you do great.
[15:49] {Threei}  nah
[15:49] {Threei}  anyway, check out trading log for all that
[15:50] {Beau} I am sure nemo will send me my share?.
[15:50] {Beau} will do with a jealous eye.
[15:50] {Will49} Fun to "shadow" up today VD
[15:50] {Will49} you
[15:50] {Will49} Vad
[15:51] {Will49} Egad...better have some lunch
[15:51] {Threei}  I'll make it harder tiomorrow, by using dark sunglasses and putting collar up
[15:51] {ese} thought that was the wrong kinda disease there for a second
[15:51] {Will49} :)
[15:52] {dolores} wanted .75 on Gs and stopped me out before
[15:52] {dolores} now it prints it
[15:52] {dolores} well .... tomorrow will be
[15:52] {dolores}  see you guys thxs VAD
[15:52] {dolores} take car e you all
[15:53] {Threei}  thank you all
[15:53] {Threei}  have a great evening, see you tomorrow
[15:53] {Will49} Cheers
[15:58] {ese} cya morrow