Thursday, July 26, 2012

July 26 2012

Second half of the day was mostly empty but first one brought enough nice winners to make it a worthwhile day.

Session Time: Thu Jul 26 00:00:00 2012
[09:00] {scottie} gm
[09:00] {nemo} So, Draghi's going all Hypocratic on us...The Euro will be saved...It might be a brain dead quadraplegic, but it'll live
01[09:00] {Threei}  scottie :)
01[09:01] {Threei}  I read his speech
01[09:01] {Threei}  I don't get it
[09:01] {nemo} market just looking for an excuse...notice GS was trading at the top of it's range all day yesterday?
01[09:02] {Threei}  he said absolutely nothing beyond repeating thousand times said before "we will do whatever it takes"
[09:03] {nemo} how were numbers this morning?
01[09:03] {Threei}  not bad
01[09:03] {Threei}  if true
[09:04] {nemo} wow WFM up over 10%...downtick rule?
[09:04] {nemo} ;-)
01[09:06] {Threei}  judge for yourself:
01[09:06] {Threei}  (EU) ECB chief Draghi: If premium on Govt borrowing hurts monetary policy transmission then it falls within its mandate - comments from UK global investment forum
01[09:06] {Threei}  - ECB is ready to do what is necessary to preserve the Euro within its mandate }
01[09:06] {Threei}  - Reiterates that ECB priority is price stability; does NOT want to supplement govt actions
01[09:06] {Threei}  - Euro Area much stronger than what has been acknowledged
01[09:06] {Threei}  - EU has lower deficit and debt and higher social union compared to US
01[09:06] {Threei}  - Progress on fiscal and reforms have been remarkable over the last six months
01[09:06] {Threei}  - Believe euro is irreversible
01[09:06] {Threei}  - The interbank market is not functioning across countries
01[09:07] {Threei}  that's what market gaps up on?
01[09:07] {Threei}  Germany meanwhile said it's not aware of any movement to allow EFSF buy sovereign bonds
01[09:08] {Threei}  and we have these two gems from yesterday evening:
01[09:08] {Threei}  20:38(ES) Spain region's president Cascos: EU monetary system need to have a fundamental reform otherwise Spain needs to radically change its strategy and exit the euro before we are thrown out - financial press
01[09:08] {Threei}  20:34(GR) Citi sees a 90% chance of Greece droping the euro within 12-18 months vs prior 50-75% chance - financial press
01[09:08] {Threei}  - Said to assume the exit could take place on Jan 1st.
[09:09] {jackharry} good morning
01[09:09] {Threei}  jack :)
01[09:09] {Threei}  the only thing I see is, who turns the lights off?
01[09:11] {Threei}  here is exact quote from his speech:
01[09:11] {Threei}  within our mandate, the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough
01[09:11] {Threei}  okay...
[09:17] {Will49} Hello guys
01[09:17] {Threei}  will :)
[09:18] {RonS} gm dd's
[09:18] {RonS} dudes & Dolores
01[09:19] {Threei}  ron :)
[09:20] {Will49} Pretty cute for this early Ron
01[09:20] {Threei}  no kidding
01[09:20] {Threei}  I am still pondering it
[09:21] {Will49} Things set for an up day it appears
01[09:21] {Threei}  unless selling hits
[09:22] {Will49} :)
[09:24] {dolores} GM
01[09:24] {Threei}  dolores :)
01[09:27] {Threei}  I don't know guys... my inclination is to short the living hell out of this gap
01[09:27] {Threei}  2 SPY points worth, "within our mandate, the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough"
01[09:28] {Threei}  that redefines "ridiculous"
01[09:31] {Threei} Short Setup: FCX  .20 break hl
01[09:31] {Threei}  If holds  .30
01[09:31] {Threei}  1:1.5
[09:32] {dptl} gm
01[09:32] {Threei}  dp :)
[09:32] {scottie} +.15 in 16 seconds, Vad you're my hero
06[09:32] * Threei takes bow
[09:33] {nemo} he just likes bending over
[09:33] {nemo} sorry
01[09:33] {Threei}  grrr, LVS got away
[09:33] {nemo} not really
01[09:34] {Threei}  wanted .20 but it was way too fast to trigger
[09:34] {nemo} wow
01[09:36] {Threei} Short Setup: LVS  .20 break hl
01[09:36] {Threei}  If holds  .30
01[09:36] {Threei} Short Setup: GDX  .30 break
01[09:37] {Threei}  If holds  .40
[09:37] {nemo} cat short under .20
[09:38] {nemo} stop is .35
01[09:38] {Threei}  no go LVS
[09:38] {nemo} half .00
[09:38] {nemo} stop above....
[09:38] {nemo} er.....
[09:39] {nemo} not sure
[09:39] {nemo} watch this candle
[09:39] {ese} platform all "f" t up
01[09:39] {Threei}  frikin rinse
01[09:39] {Threei}  ese :)
[09:40] {nemo} partialed .40
[09:40] {nemo} think stop above .70
[09:40] {nemo} above .60
01[09:41] {Threei}  nice
[09:41] {nemo} cmon cat, die another death
[09:41] {nemo} stop above .40
[09:41] {dolores} stopped GDX
01[09:42] {Threei}  ?
01[09:42] {Threei}  didn't it trade to 1:1?
[09:42] {nemo} outif it goes back above .50
[09:42] {dolores} maybe made  amistake
01[09:43] {Threei}  dolores... please, follow the standard procedure
01[09:43] {Threei}  we have it for a reason...
[09:43] {dolores} thought was doing so
01[09:43] {Threei}  it takes away guessing and emotions
[09:44] {nemo} cat looks lower
01[09:44] {Threei}  stock goes to 1:1, we either take scalp or partial and trail to b/e
[09:45] {nemo} stop is .20
[09:45] {nemo} well .18 so I get a buck
[09:46] {nemo} took .83 out
[09:46] {nemo} pivot .78 should bounce unless market tanks
[09:46] {cipher} wtg nemo
[09:46] {nemo} ty
[09:46] {Will49} my hero
[09:47] {scottie} lots of heroes today
[09:47] {nemo} oh oh...better tell him about the old russian saying
[09:48] {nemo} cat tested yesterday's high and crapped out
[09:48] {nemo} spy sitting on R3 daily
01[09:48] {Threei} Long Setup:  POT  .60 break hl
01[09:49] {Threei}  If holds  .50
[09:49] {nemo} spxu break .15
[09:50] {nemo} long
01[09:50] {Threei}  target 1:2
[09:50] {nemo} although it's a tad iffy
[09:50] {nemo} think market needs to whack another time
01[09:52] {Threei}  let's trail to .54
01[09:52] {Threei}  1:1
01[09:52] {Threei}  half out
01[09:52] {Threei}  to .59
01[09:52] {Threei}  scalpers be free
01[09:53] {Threei}  1:2
01[09:53] {Threei}  out
[09:53] {scottie} scalp +.10 ty
01[09:53] {Threei}  1:3
01[09:53] {Threei}  dolores, played this one?
[09:53] {nemo} ah damn, forgot nflx...that's fire and forget, I mean short and forget
[09:53] {jackharry} out at .89, thanks!
01[09:53] {Threei}  yw
01[09:54] {Threei}  nice patience jack
[09:54] {dolores} yes thxs
01[09:54] {Threei}  can I have some of that?
01[09:54] {Threei}  cool
01[09:54] {Threei}  1:4... gimmie a gun
[09:54] {nemo} only if u r gonna' shoot yourself
01[09:55] {Threei}  that's what I am asking it for
01[09:55] {Threei}  unless you are in immediate proximity
[09:55] {nemo} oh...thought you might shoot ese
[09:56] {jackharry} not quite enough patience with hindsight, but im not complaining at 1:3
01[09:56] {Threei}  why... he likes my cooking and laughs at my jokes
[09:57] {nemo} then you'll have pleasant company in the afterlife
[09:58] {nemo} omfg...nflx
01[10:00] {Threei}  *(US) JUN PENDING HOME SALES M/M: -1.4% V 0.3%E; Y/Y: 8.4% V 12.1%E
[10:08] {thomcbell} what a circus
[10:08] {nemo} reflection of life isn't it?
[10:08] {Will49} send in the clowns
[10:08] {nemo} we have vad
[10:09] {Will49} ring leader
[10:09] {Will49} Vad
[10:09] {nemo} Reservoir Dogs
[10:09] {nemo} He's Mr. Pink
[10:10] {nemo} mmmhhhhh, wdc short?
[10:11] {nemo} we're getting close
[10:11] {thomcbell} i bought nem small on the 45.62 break
[10:11] {thomcbell} abx bouncing
01[10:11] {Threei} Short Setup: POT  .40 break
01[10:12] {Threei}  Invalidated
01[10:12] {Threei} Short Setup: MOS  .80 break
01[10:12] {Threei}  hl
01[10:12] {Threei}  If holds  .90
01[10:13] {Threei}  target 1:2
01[10:13] {Threei}  1:1
01[10:14] {Threei}  1:2, out
01[10:14] {Threei}  reversal nailed to perfection
[10:15] {ese} huh....shoot me....for what?    what have I done this time other than provide you all with outstanding market!
[10:15] {ese} well ...i guess there ok
[10:15] {nemo} you're there
[10:15] {nemo} Deservin' ain't got nothing to do with it
[10:16] {ese} lol
01[10:16] {Threei}  lol
01[10:16] {Threei}  favorite quote
[10:16] {nemo} yeah, love that movie
01[10:17] {Threei}  one more of faves:
01[10:17] {Threei}  Have you ever watched a crab on the shore crawling backward in search of the Atlantic Ocean, and missing? That�s the way the mind of man operates
01[10:17] {Threei}  H L Mencken
[10:18] {nemo} he's always been my hero
[10:18] {ese} now thats!!!! funny.......and true
[10:18] {nemo} imagine what aliens think of us
[10:19] {nemo} shit...bunny won't even be seen in public with me
01[10:19] {Threei}  aliens think of us?
01[10:20] {Threei}  all I've seen makes me think they eat us
[10:20] {Will49} they alien-ate me
[10:20] {nemo} cute
01[10:20] {Threei}  so I guess all they think is "which sauce?"
[10:20] {nemo} to serve man
[10:20] {Will49} :)
[10:20] {_robbers} The Japanese say the human mind is like a monkey jumping from tree to tree.
01[10:20] {Threei}  or "bbq or oven?"
01[10:21] {Threei}  that too is very true robbers
01[10:21] {Threei}  people capable of focusing are rare
[10:21] {Will49} buddists say concious mind is like a wild horse with you as the rider
01[10:21] {Threei}  that's why we day trade - our attention span is one of a moth {G}
[10:22] {nemo} short stx .29
[10:22] {nemo} stop above .40
01[10:22] {Threei}  except nemo... he has one of a fish
01[10:22] {Threei}  which is an upgrade
[10:23] {_robbers} And Mr. Draghi says:  "I never met a short I didn't want to squeeze."
[10:23] {nemo} yeah, I have to set up the monitors at each side of my head
01[10:24] {Threei}  draghi, borosso... what a bunch of clowns
[10:24] {nemo} guinea wops
[10:26] {Will49} borosso always spoke highly of you nemo
[10:27] {nemo} my name ends in a vowel, I can insult my own kind if I want
[10:27] {nemo} give me the frickin' 1:1 stx!!!
[10:27] {nemo} finally
[10:28] {nemo} stop is .35
[10:28] {nemo} now it's .25
[10:29] {nemo} partialed more .05
[10:30] {nemo} stop for last .20
01[10:31] {Threei}  my life has purpose now:
01[10:31] {Threei}  Apple Inc Release date of new iPhone 5 estimated at Sept 21 - tech blogs
01[10:32] {Threei}  you know there is never one imbecile?
01[10:32] {Threei}  (US) IMF's Rice: Draghi's earlier comments are a welcome reiteration of ECB's commitment to do what is necessary - regular press briefing- Notes additional funding for Greece must come from the EU
[10:32] {nemo} needless to say, out
01[10:33] {Threei}  POT short got away
01[10:33] {Threei}  had right idea but no precise setup
01[10:34] {Threei}  O
01[10:34] {Threei}  my
01[10:34] {Threei}  god
01[10:34] {Threei}  lookie here:
01[10:34] {Threei}  (EU) Sky News Reporter: ECB insiders are playing down earlier comments by ECB President Draghi, noting that "he's said the same before"
01[10:34] {Threei}  really?? someone else noticed??
[10:34] {Will49} clowns are running in circle now
[10:34] {RonS} lol
[10:35] {ese} it's shortin time......
[10:36] {nemo} NOV
[10:37] {nemo} short .68
[10:37] {nemo} stop is above .85
[10:40] {nemo} I'm adding if it drops .50
[10:40] {nemo} shot some more .47
[10:41] {nemo} partialing .34
[10:42] {cipher} +.46 nov short
[10:42] {nemo} stop is .55ish
[10:42] {cipher} thx nemo
[10:42] {nemo} yw
[10:43] {nemo} more .10
[10:43] {nemo} half left
[10:43] {nemo} stop is .40ish
[10:44] {nemo} stop .26
[10:45] {nemo} oh well
[10:45] {nemo} where was my stop before, where did it top out...dumb bastard
[10:46] {nemo} nov
[10:46] {nemo} sorry
01[10:48] {Threei}  I just found out I belong to 8%
01[10:48] {Threei}  49% Trust #Romney More On #Economy; 43% Trust #Obama More.
01[10:48] {Threei}  I don't trust eaither, so...
[10:49] {Will49} senior clowns
01[10:49] {Threei}  lol
[10:49] {Will49} ok ok enough of my metaphor
[10:50] {nemo} o.k. don't feel so bad about NOV exit
[10:51] {thomcbell} 100% of us population trust sugary drinks , treats and TV over anything in print
[10:52] {thomcbell} :('''''''''''''''
[10:52] {nemo} humanity is remarkably susceptible to make believe
[10:52] {nemo} think about how often in your day your thoughts have nothing to do with what you are doing
01[10:53] {Threei}  I categorically disagree tbell. I value printed word very much. I get a lot of valuable information from reading the cereal boxes and Coke labels
[10:53] {thomcbell} hehehe
[10:54] {ese} I think I want at NOV nemo........thats gonna make a run at the days high before this day is ove
[10:54] {nemo} spy bounce here, how much...don't know
[10:56] {nemo} not much I guess
[10:56] {ese} out
[10:57] {nemo} ese, it's so far stretched above R3 on the daily, it's a low probability play until it gets back towards the whole
[10:57] {nemo} imo
[10:57] {cipher} L TNA .22
[11:00] {nemo} wow odd action on qcor
[11:01] {cipher} L NOV .50
[11:02] {cipher} out 1/2 tna .34
[11:05] {nemo} think akam is a short, don't like the stop though
[11:06] {cipher} out rest tna +.02
[11:06] {nemo} and it's holding in this downdraft
[11:06] {nemo} wow
[11:07] {ese} tks nemo
[11:07] {nemo} what I do?
[11:07] {Will49} it;s enough just to be you nemo
[11:07] {nemo} now the stuff is squishin' between my toes
[11:08] {cipher} nov stopped .29 -.21
[11:08] {nemo} wow akam
[11:09] {ese} ya just lookin at that
[11:10] {thomcbell} german parlimentairy members criticize the drahgi comments says    
[11:10] {thomcbell} this was right before the downdraft
01[11:12] {Threei}  PIMCO ?@PIMCO
01[11:12] {Threei}  Gross: Spanish yields drop 50 basis on #Draghi. No matter. They need 400 basis more to remain solvent longer term.
01[11:13] {Threei}  come on Cross, what's the matter with you
01[11:13] {Threei}  Draghi will say it 8 times more
01[11:13] {Threei}  and voila - 400 points
01[11:13] {Threei}  8x50 = 400
01[11:13] {Threei}  learn the math man
[11:18] {nemo} dino is quiet today
[11:20] {cipher} I think he's invisible
[11:20] {nemo} he sees dead people
[11:25] {nemo} clr
[11:25] {nemo} wow
[11:31] {nemo} think LVS might be redy to drop a bit
[11:31] {nemo} tested .60
[11:31] {nemo} retest maybe?
[11:32] {nemo} retest
[11:33] {nemo} nothing like stretching the stop range a bit
[11:34] {nemo} o.k. liquid lunchtime
[11:40] {nemo} akam short below .60 anybody?  having said that, akam is a widowmaker
01[11:44] {Threei} Short Setup: POT  .75 break
01[11:44] {Threei}  If holds  .85
[11:44] {ese} sync....beyond stupid imo....dn 30%  with good guidance yesterday....I think we have a dino special here
[11:45] {RonS} hearing firms quitting trading French adr's due to 8/1 20bps transaction tax
[11:45] {nemo} spxu .76
[11:45] {nemo} stop under .70
[11:49] {nemo} nov could be interesting entry here, I missed the earlier one...short that is
[11:49] {nemo} akam worked
[11:51] {dolores} POT did not trigger ?
[11:51] {dolores} did nit see .74
01[11:51] {Threei}  it did
[11:51] {dolores} ok
01[11:51] {Threei} Long Setup:  TZA  .62
01[11:51] {Threei}  If holds  .55
[11:52] {nemo} I'm scratching spxu into lunch
[11:53] {nemo} aapl leaking like a bad tire
01[11:53] {Threei}  POT 1:1
[11:54] {ese} L sync .40
[11:54] {ese} 3/4
06[11:54] * Threei sings "fiiiish in a baaaarrrell" to the tune "smoke on the water"
[11:54] {nemo} cam short .10
[11:55] {nemo} stop above .20 small
[11:55] {nemo} lunchtime, and I have to keep one hand on the bottle
[11:56] {nemo} don't like that candle tightening to .16
[11:56] {nemo} probably one early
01[11:57] {Threei}  European equity markets surged and US futures rose this morning after comments by ECB President Draghi, who stated that dealing with surging yields on the debt of some euro zone governments is "part of the mandate" of the ECB. The comments were taken as evidence that the ECB is moving closer to either reactivating its SMP bond buying program or otherwise working to cap yields. Some analysts point out that Draghi has said very similar things in the past and that today's comments are nothing new, however yields on 10-year Spanish debt have fallen to 6.8% from well above 7.2% earlier in the morning and Italian 10-year yields are close to dipping below 6%.
[11:57] {nemo} ow
01[11:57] {Threei}  amazing...
01[11:57] {Threei}  even if ECB starts buying them, then what?
01[11:57] {Threei}  ECB gets deep into debt, what's next?
01[11:58] {Threei}  it's merely a matter of distribution of the burden
01[11:58] {Threei}  burden itself is still the same and impossiblem to handle
01[11:58] {Threei}  imbeciles
01[12:04] {Threei}  haf out
01[12:04] {Threei}  TZA
[12:06] {nemo} qcor setting up long just don't like the setup in this environment
01[12:08] {Threei}  OK... now I know what's wrong with this world
01[12:08] {Threei}  I will post an e-mail I just in its entirety except the name
01[12:08] {Threei}  and you figure it out, just as I did
01[12:08] {Threei}  Vad,
01[12:08] {Threei}  I want to express my gratitude for a free trial. It was highly educational, and the atmosphere in the room is very pleasant. I profited to the tune of $450/day average in 4 days I spent in tne room, so again, thank you.
01[12:08] {Threei}  Unfortunately I view the room cost a bit too high at $300/month. Too bad, as I really liked the room.
[12:09] {nemo} interesting
[12:09] {nemo} so, he more than paid for the room in one day
[12:10] {nemo} he actually paid for 6 months on the trial alone
01[12:10] {Threei}  150% in a day
01[12:10] {Threei}  avergae
[12:10] {nemo} frickin' democrats
01[12:10] {Threei}  see... I knew it wasn't me
01[12:11] {Threei}  your service brining me 450/day is not worth 300/month
01[12:11] {Threei}  okay then
01[12:11] {Threei}  is it me or twitter is down?
[12:11] {nemo} twitter down
[12:12] {ese} or me this time.........usually when nemo starts a sentence with's refering to me
[12:12] {nemo} frickin' sensitive musicians
[12:12] {nemo} feel better?
[12:12] {ese} ya.......tks
[12:13] {nemo} o.k. spy and iwm long
[12:13] {nemo} tna .75
[12:13] {nemo} stop .68
[12:13] {nemo} offering .90
[12:14] {nemo} yep
[12:14] {nemo} 1/4 more offering .99
[12:15] {nemo} stop is .78
[12:15] {nemo} one could make an argument for an add over .95
[12:16] {nemo} cmon
[12:17] {nemo} frickin' ppt is holding it down
[12:19] {nemo} rcl might be short under .00
[12:20] {nemo} cmon...03 more cents
[12:20] {nemo} yep
[12:21] {nemo} stop .88
[12:21] {nemo} kinda slow day
[12:22] {nemo} rcl pivot .24, close is about .30, looking for that area to short
[12:24] {nemo} ow
[12:25] {nemo} caught me a bit out .84
[12:25] {nemo} frickin' gap days with musicians in the room
01[12:25] {Threei}  lol
[12:26] {nemo} mail today, day trading academy wants to invite me to a free seminar
[12:27] {nemo} o.k. what is rcl gonna do here
[12:28] {nemo} great, is tna gonna' get me lifting my stop?
[12:29] {nemo} shoulda' known better sorht .99 rcl
[12:29] {nemo} shoulda known better on tna
[12:29] {nemo} left side of the IH&S should have held the stop
[12:30] {nemo} partialed .89
[12:30] {nemo} stop for remainder above .06
[12:35] {nemo} hard stop on rcl see ya in a bit
[12:41] {ese} L nov .78
[12:50] {thomcbell} charles i sent u a message please check
06[12:55] * Threei slaps cc_8 around a bit with a bottle of warmed up vodka
[13:07] {ese} I'm's the harmony that I bring to the room........nemo....ehhhhhh
[13:07] {Will49} hit him again
01[13:07] {Threei}  who?
[13:08] {Will49} CC
[13:08] {ese} sync........finally
06[13:09] * Threei slaps cc_8 around a bit with a frozen fish
[13:09] {Will49} that ought to do it
[13:09] {Will49} vodka is for drinking
[13:17] {ese} out sync
[13:17] {RonS} gj ese
[13:18] {ese} .57 +.17
[13:18] {ese} tks
[13:18] {Will49} that is truly your stock ese sync-opation
[13:19] {ese} ha ha............I actually hate the way the one trades............that goes on my list of don't do agains
01[13:30] {Threei}  lol... Biden: I don't think Romney really understands what firefighters are all about
01[13:30] {Threei}  silly season is in full force
[13:30] {Will49} what a goof
[13:31] {Will49} oops, I revealed my politcal bias
01[13:31] {Threei}  you are biased against goofs?
01[13:32] {Threei}  and I gather, clowns?
[13:32] {Will49} generally, yes
[13:32] {Will49} goofs
01[13:33] {Threei}  can't say I am a fan of Romney, but it doesn't matter... my bias is simply that current inhabitant of WH must go
[13:33] {Will49} agree....nothing will change if Romney gets in
[13:33] {Will49} need a new POTUS for sure
[13:56] {ese} nov....maybe this is the time.......make a run at those highs
[14:00] {dolores} TSCO any Short?
[14:00] {nemo} funny how the pivot point confluences control the spy price action
[14:00] {dolores} seems cannot break that 92.80?
01[14:01] {Threei}  flatlined...
01[14:01] {Threei}  hard to tell
01[14:01] {Threei}  it will break sooner or later but which way is pretty much 50/50
[14:02] {dolores} ok
[14:02] {dolores} seems  UP!!
01[14:02] {Threei}  yeah
[14:08] {nemo} wynn....mmmmhhhhh
[14:09] {ese} out nov .40 +.57
[14:09] {ese} good for me today gentlemen..............cya tomorrow
[14:10] {nemo} ah...ese
[14:10] {nemo} ?
01[14:10] {Threei}  take care ese, gj
[14:10] {ese} yyyyeeeeeeesssssssssah?
[14:10] {ese} tks vad
[14:10] {nemo} what about dolores, ese?
[14:11] {nemo} frickin' musician
[14:11] {ese} what are we doing about delores?
[14:11] {nemo} "[14:10] {ese} good for me today gentlemen..............cya tomorrow"
[14:11] {ese} alright.....what did I miss this time
[14:11] {nemo} frickin' blonde musicians
[14:11] {nemo} or is that a dye job?
[14:12] {dolores} whats up Nemo'
[14:12] {nemo} ese insulted you
[14:12] {nemo} he's like that
[14:12] {ese} opps!!!!!! sorry D.........I'll make it up to you somehow
[14:12] {ese} called you a gentleman.............then nemo got picky
[14:12] {dolores} ok ese
[14:13] {ese} cya
[14:13] {dolores} take care
[14:13] {dolores} ok I see
[14:13] {dolores} seems only woman here
01[14:14] {Threei}  if not counting days when nemo gets in touch with his feminine side
[14:14] {RonS} lol
[14:14] {nemo} nice one Vad
[14:18] {nemo}
01[14:23] {Threei}  TSCO just bobbing up and down
01[14:23] {Threei}  can't read it really
[14:26] {nemo} cipher thinking aapl setting up for a long here
[14:26] {nemo} there she goes
[14:27] {dolores} wll I guess TSCO breaks out or it will go down further this time?
[14:27] {dolores} how do charts look to you?
[14:28] {nemo} stx long  here
[14:28] {dolores} huge spread 10 cents
[14:28] {nemo} holds .500 and then pops this .56
01[14:28] {Threei}  50/50 dolores
01[14:28] {Threei}  pure guessing
01[14:28] {Threei}  not my kind really
[14:28] {dolores} ok
[14:29] {nemo} Hey Dolores, nothing is clear when things aren't moving setups aren't necessarily setups
[14:29] {nemo} just my opinion
[14:29] {dolores} yes thxs
[14:30] {nemo} oh, and when things aren't moving, hughe spreads are asking for trouble
[14:31] {dolores} yes just watching and learning
[14:34] {Will49} me too
[14:35] {nemo} oh interesting stx held .50 this might work
[14:35] {nemo} target .80 area
[14:35] {nemo} now that's bored, I'm going for .25 cents
[14:37] {nemo} wow, tsco seen some action, that's gonna be some plays over the next week or so
[14:42] {nemo} somebody unloading a hefty amount here
[14:42] {nemo} tsco
[14:44] {nemo} this is bothering me now stx
[14:45] {nemo} stop is .54 in stx
01[14:47] {Threei}  oh god
01[14:47] {Threei}  ES) Spain Econ Min Guindos: Treasury can meet its debt payments; rules out possibility of a bailout for Spain- There was never even the remotest chance that Spain would require a bailout.
[14:47] {nemo} 1:1
[14:49] {Will49} thanks for commentary's helpful
[14:49] {nemo} scares the shit out of me
[14:49] {Will49} on stx
[14:49] {nemo} and Gawd knows I'm full of it ;-)
[14:50] {nemo} that's why Vad counts me as a friend
[14:50] {nemo} hehehehhehe
[14:50] {nemo} anyway...imo
01[14:50] {Threei}  that, and you make me look kind
01[14:50] {Threei}  and caring
[14:50] {nemo} I talked about the tracking stocks I keep up
[14:50] {nemo} Well I also keep a list of the gainers and losers for the day
[14:51] {nemo} If numbers aren't changing rapidly and colors aren't flashing...nothing is really moving, so that's when setups don't become setups...imo
[14:51] {Will49} tks
[14:52] {nemo} now I took stx because of relative strength and it was the time of day for things to start moving a little
[14:52] {Will49} hmmmm
[14:52] {nemo} hmmmmm....what?
[14:52] {Will49} you were sure right about stx
[14:53] {nemo} stop under .65
[14:53] {Will49} that was hmmmm with an up-inflection
01[14:53] {Threei}  see, nemo is unique... unlike other broken clocks he is right 4 times a day
[14:54] {Will49} :)
[14:54] {nemo} Well, I have quantum capabilities
[14:55] {nemo} now if tsco can't break in this run, that tells you somebody is dumping a doodooton of stock
01[14:55] {Threei}  and he lives in chronosynclastic infundibulum
[14:55] {nemo} yeah, rough neighborhood
[14:55] {Will49} comon Vad....this is tough enough without latin
[14:56] {Will49} come=-on
[14:56] {nemo} te morituri salutamos
[14:56] {Will49} you too?
[14:56] {nemo} de gustibus nom disputandem est
[14:56] {Will49} or is that e tu
01[14:56] {Threei}  et tu
[14:56] {Will49} right
[14:56] {nemo} cogito ergo sum
[14:59] {nemo} dolores, that's what you call a seller on TSCO...somebody has a big order to fill
[15:01] {nemo} yeah that 50 SMA violation was the bottom on Tuesday (SPY)
[15:02] {nemo} thinking we stay above 135 tomorrow
[15:02] {nemo} got a little break above on tsco, but seller right bat at 93
[15:03] {nemo} whoa, baby
[15:03] {nemo} let's see if this was just to clear out the long's stops
[15:04] {nemo} out stx .75
[15:04] {Will49} nice call nemo
[15:04] {nemo} things look like they might weaken, but they're as clear as mud
[15:04] {nemo} ty
[15:05] {nemo} great
[15:06] {nemo} now let's see if tsco breaks
[15:07] {nemo} tsco would have made me pull the hair out of my head
[15:11] {nemo} brilliant frickin' move nemo
[15:12] {nemo} this is starting to hurt
[15:13] {nemo} seller gone
[15:13] {nemo} but that's hard to predict
[15:14] {nemo} tsco that is
[15:16] {RonS} classic flush to buy cheaper...GLUU murdered off znga, even though znga drop due to move to mobile gaming
[15:16] {RonS} gluu halted w/ reports hitting of stellar earnings and raised guidance...unreal
[15:17] {RonS} gluu does mobile gaming...
01[15:17] {Threei}  FB itself reports too today, right?
[15:19] {RonS} yes...will be ugly i suspect
01[15:19] {Threei}  has to be
[15:21] {nemo} i'm ill
[15:22] {RonS} gluu 22% float short...they are going to get murdered...
[15:22] {Will49} good heavens
[15:22] {nemo} wow look at tsco, frickin nightmare
[15:22] {nemo} hey dolores.....
[15:22] {nemo} take that off your screens
[15:22] {Will49} a noob's nightmare
[15:23] {RonS} why nemo...
[15:23] {nemo} nightmare period
[15:23] {nemo} wild action
[15:23] {nemo} it has a musician's personality
[15:24] {nemo} that's fine for dino or cipher
[15:24] {nemo} which means u 2 Ron
[15:24] {nemo} don't look at stx
[15:25] {RonS} no name authors at seeking alpha mudered vhc and wwww today...strange day...must signal something
[15:25] {Will49} can't help myself
[15:25] {nemo} yeah, it's like a bad accident
[15:25] {nemo} Robert Sinn
[15:25] {nemo}
[15:26] {nemo} was on a suspended license
[15:26] {Will49} looks like mean character
[15:27] {Will49} go ahead vad...say something about nemo
01[15:27] {Threei}  as far as I am concerned, seeking alpha lost credibility a good while ago, with people of no proven record or background posting articles left and right
01[15:27] {Threei}  lol
01[15:28] {Threei}  anyone who likes of dislikes siome stovk and has position in it goes in and offers article hyping his pov, and gets published
01[15:28] {Threei}  noise top signal ratio is ridiculous
01[15:28] {Threei}  top = to
01[15:33] {Threei}  Just 23% Have a Favorable Opinion of #Geithner
01[15:34] {Threei}  uh oh... I find myself in a majority
01[15:34] {Threei}  very uncomfortable feeling
[15:34] {RonS} lol
[15:34] {Will49} :)
01[15:34] {Threei}  but I am not about to start liking him just to return to personal comfort zone
[15:34] {RonS} geitner should be in jail since he knew of the libor fix in 2005...
01[15:35] {Threei}  not even speaking of suchn insignificant detail as cheating on his personal taxes
[15:38] {nemo} maybe little pull back in the morning...but probably rip higher with possibility of sell off later in the afternoon
01[15:40] {Threei}  GLUU opened
01[15:44] {Threei}  climb into close... not my traduing environment
[15:44] {nemo} could open around 137.25 tomorrow
[15:44] {nemo} climbing on bad economic news, BULL MARKET
01[15:45] {Threei}  I fisagree
01[15:45] {Threei}  f-d
[15:45] {Will49} gotta elect O'Bummer
01[15:46] {Threei}  EU, the only thing that matters
[15:46] {nemo} it can stay irrational longer than we can stay solvent...
01[15:46] {Threei}  overnight hint of possibility it doesn't break - we gap and climb
01[15:46] {Threei}  no one cares about earnings, economy etc until; this thing resolved
[15:46] {Will49} it may never be
[15:47] {Will49} just slow death
[15:47] {nemo} iwm needs to test the gap at 79 and spy needs to test the top at 138
01[15:47] {Threei}  any great earnings and economic numbers won't keep market up if EU breaks down (again)
01[15:47] {Threei}  sdo it's not "up despite bad news"
01[15:47] {Threei}  it's "up on aleviating the worst fear"
01[15:48] {Threei}  that's not bull market, it's knee-jerk market
[15:48] {dptl} gn all
01[15:48] {Threei}  take care dp
[15:48] {Will49} CY dp
01[15:50] {Threei}  thank you all
01[15:50] {Threei}  have a good evening, see you tomorrow
[15:50] {Will49} tks vad