Friday, July 27, 2012

July 27 2012

Very boring day with a few nice trades and a few stops. These slow climb days are not meant for traders, they are investor paradise.  Very nice week for us so no complaints.


Session Time: Fri Jul 27 00:00:00 2012
01[08:52] {Threei}  Germany's Bundesbank reiterated its opposition to bond purchases by the ECB.
[08:54] {nemo} BFD
[08:55] {dino} gm
01[08:55] {Threei}  dino :)
[08:55] {dino} gdot blood, cstr too
01[08:56] {Threei}  and don't forget FB
[08:56] {nemo} FB anybody?
01[08:57] {Threei}  Spain's Saenz says government won't seek rescue
[08:59] {nemo} won't seek it, but if offered?
[08:59] {dino} ahh yes, fadebook
[09:02] {scottie} gm
01[09:02] {Threei}  scottie :)
[09:04] {jackharry} good morning
01[09:05] {Threei}  jack :)
01[09:19] {Threei}  lol:
01[09:19] {Threei}  Deep value investors take a look at Facebook. Then look away.
[09:19] {nemo} what I say about opening above 137 today
[09:19] {thomcbell} nem ruining gdx party again 
01[09:19] {Threei}  I feel like I should know this one...
[09:20] {thomcbell} shackled index by gg nem abx lumbering around
01[09:20] {Threei}  lol
01[09:20] {Threei}  no nemo, sorry... alzheimer galore
[09:21] {nemo} if we get above 137.30 138-138.50
[09:22] {nemo} get through 78.10 on IWM 79
01[09:22] {Threei}  Vadym Graifer ?@RealityTrader
01[09:22] {Threei}  #FB symbol change alert. New symbol's UD (Unmitigated Disaster)
01[09:23] {Threei}  LVS is very non-convincing gap
[09:23] {Will49} gm
01[09:23] {Threei}  keeping it on radar as short candidate
01[09:23] {Threei}  will :)
[09:23] {nemo} looking for support at 36
[09:24] {thomcbell} lvs was big battle that ended hod with largest volume in memory though
[09:24] {ese} morning
01[09:24] {Threei}  tends to be very volatile at the open... othe than that, .40 looks tempting to short
01[09:24] {Threei}  ese :)
[09:24] {thomcbell} ocz wow
[09:25] {ese} now that is funny .........fb.........what a flippin dope he is
01[09:26] {Threei}  Ocz Technology Group Inc. Hearing strength attributed to various rumors of acquisition and cancellations of their roadshows with Stifel and Credit Suisse next week- Hearing the reason OCZ cancelled roadshows was due to CEO having scheduled back surgery ***Note that earlier this morning, The Register reported that there was vague speculation that Seagate would be willing to pay $1B to acquire Ocz Technology.
[09:26] {RonS} gm...dino here?
[09:27] {nemo} and the bromance continues
01[09:27] {Threei}  lol
[09:27] {nemo} fb running
[09:27] {nemo} hah
[09:27] {ese} he's dumber than the AONE ceo............
[09:27] {nemo} stop buster
01[09:28] {Threei}  actually, I'd have to disagree with that...
01[09:28] {Threei}  AONE idiot just run things into the ground
01[09:28] {Threei}  this guy got his
[09:28] {ese} on the day of that ipo he announces diluting the shares.......that was a classic.......this goof did it a couple odays before
01[09:28] {Threei}  and leaft others to run inti the griund
01[09:29] {Threei}  but yeah, I dislike him severely :)
01[09:29] {Threei}  (EU) Merkel and Hollande conference call: will do anything to protect the euro zone - German govt statement- EU Institutions and states must meet their commitments. - Need to quickly implement objectives from the last EU summit.
01[09:29] {Threei}  really? anything?
[09:30] {nemo} veco puke
[09:30] {dptl} gm
01[09:30] {Threei} Short Setup: LVS  .75 break hl
[09:30] {thomcbell} lvs near 37 i will look for double top 
01[09:30] {Threei}  dp :)
01[09:30] {Threei}  If holds  .85 
01[09:31] {Threei}  Invalidated  
01[09:31] {Threei} Long Setup:  GDX  .90 break
01[09:31] {Threei}  If holds  ,80 
[09:32] {dino} leaving behind gaps agaimn
01[09:32] {Threei}  LVS got away
01[09:33] {Threei}  change GDX trigger to .70
01[09:33] {Threei}  If holds  .65 
[09:33] {RonS} may want to watch gdot dino
01[09:34] {Threei}  target .95, three partials
01[09:35] {Threei}  firat part out GDX
01[09:35] {Threei}  .81
01[09:35] {Threei}  second out .86
01[09:35] {Threei}  stop .74
[09:36] {jackharry} out at .89, thanks
01[09:36] {Threei}  crap was late by fraction of a sec to dump .94
01[09:36] {Threei}  yw
01[09:37] {Threei}  hit the target precisely
[09:37] {dino} amzn? 50% miss
01[09:37] {Threei}  hehe
01[09:37] {Threei}  market is logical and efficient, didn't you hear
[09:37] {RonS} unreal how that guy gets a pass every freakin qtr
[09:38] {dino} yeah, thats what they taught me in college
[09:38] {thomcbell} one day they will reward holders with profits 
[09:39] {thomcbell} ??
[09:39] {thomcbell} lvs 36.95 break if holding 37.05
[09:39] {thomcbell} half lot 
[09:39] {thomcbell} for me 
[09:40] {dino} cstr gap fill
01[09:42] {Threei} Short Setup: FCX  .55 break
01[09:43] {Threei}  If holds  .60 
[09:43] {thomcbell} lvs 1:1
[09:44] {thomcbell} lvs 1:2
01[09:44] {Threei}  nice
[09:44] {thomcbell} partialled there at 36.72
[09:45] {dino} gdot sm l .25
[09:46] {nemo} short brcm .90
[09:46] {nemo} stop .00ish
[09:48] {nemo} numbers at 10
01[09:48] {Threei}  no go FCX
01[09:51] {Threei}  SLW is interestingly weak
01[09:51] {Threei}  4 min till numbers
01[09:51] {Threei}  9:55, nemo, not 10
[09:52] {ese} L gild .52
[09:52] {nemo} out
01[09:52] {Threei}  US) Preview: July Final University of Michigan Confidence Index due out at 09:55ET (14:55GMT)- Consensus expectations: 72.0e v 72.0 prelim
[09:53] {ese} sorry .42 gild
[09:53] {dino} bto amzn aug puts
01[09:54] {Threei}  beautiful GILD
01[09:54] {Threei}  *(US) JULY FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 72.3 V 72.0E
[09:56] {RonS} gdot on track to trade 2x of 25 mil sh float
[09:58] {thomcbell} range needs to tighten up on nem but looking for a long entry 
[09:59] {nemo} dolores sleeping in again
[09:59] {Will49} waht are you, a cop?
[10:00] {Will49} :)
01[10:00] {Threei} Long Setup:  POT  .61 break
01[10:01] {Threei}  stop under .50, target .90
[10:02] {ese} out gild .70 +.28
01[10:03] {Threei}  wtg
01[10:04] {Threei}  let's tighten to .54
01[10:08] {Threei}  out
[10:11] {thomcbell} nem invalidated 
[10:16] {thomcbell} lvs
[10:16] {thomcbell} darn 
[10:17] {ese} ron....what was the news on gdot?
[10:17] {nemo} they're waiting
01[10:17] {Threei}  earnings, guidance
01[10:18] {Threei}  lol
01[10:18] {Threei}  unexpectedly good one nemo
[10:18] {nemo} lvs long soon
[10:18] {nemo} I'm like that
[10:18] {nemo} that's what happens when I start drinking with breakfast
[10:18] {thomcbell} lvs near 36 and pivot gets interesting agreed
[10:18] {nemo} or is that, didn't stop drinking from last night?
01[10:18] {Threei}  you mean that's not milk and not cereal?
[10:19] {nemo} peyote in a White Russian mix
01[10:19] {Threei}  can't discern the direction here
[10:21] {nemo} volume spike lvs pay attention
[10:22] {nemo} looking like .30 long here
[10:23] {nemo} makret pulling in
[10:25] {nemo} long lvs .31
[10:25] {thomcbell} nem stabilizing 
[10:26] {dolores} hello there GM
[10:26] {nemo} stop under .20
01[10:26] {Threei}  dolores :)
[10:27] {nemo} hit her with an alarm clock
[10:28] {nemo} not liking this action
[10:28] {nemo} drops that .27 bid I'm out under .25
[10:29] {nemo} fake bid
[10:29] {ese} L gild .25
[10:30] {nemo} another fake bid?  same ecn and moved up
[10:30] {nemo} out
[10:32] {Will49} tks nemo
[10:32] {nemo} for what
[10:32] {Will49} commentary
[10:32] {nemo} oh
[10:32] {nemo} sure
[10:33] {Will49} what was the big volume at 10:23 all about?
[10:33] {nemo} don't know specifically, but oftentimes big volume spikes indicate potential movement
01[10:34] {Threei} Long Setup:  TZA  .95 break
01[10:34] {Threei}  If holds  .90 
[10:34] {nemo} having said that I saw action move above that candles and said LVS had pulled in quite a bit and it's showing possible long
[10:34] {nemo} I went long, action slowed up, then that big NSEX bid showed up
[10:35] {nemo} It got pulled when the offer went down to get it
[10:35] {Will49} tks
[10:35] {nemo} shows weakness
[10:35] {nemo} imo
[10:36] {nemo} see
[10:36] {thomcbell} Its behaving as if it has not gotten cheap enough for new owners to be aggressive so i will be looking for long entries cheaper 
[10:36] {thomcbell} 35.90 is ideal spot for a double bottom to develop.
01[10:36] {Threei}  i agree
[10:36] {nemo} yeah, that's pivot
[10:36] {nemo} so that's why I tightened the stop
[10:37] {nemo} having said that though thom, gotta' respect the power of the whole   ;-)
01[10:39] {Threei}  no worky
[10:41] {ese} nahhhhhh!!!!!     you know perfectly well that when you buy and sell nemo.....it moves the market.....
[10:41] {nemo} iwm creep sheesh
[10:42] {Will49} he certainly moves me 
[10:42] {Will49} gastronomically
[10:42] {ese} ouch
[10:43] {Will49} Vad said I had to practice insulting nemo....so there!
[10:43] {ese} hmmmmmmm   ya......that was good........good practise......keep it up
[10:44] {Will49} nemo is sulking silently
[10:44] {nemo} don't quit your day job ese
01[10:45] {Threei}  will, normally with nemo silence is merely a sign of reloading
[10:45] {nemo} 78.20is for iwm then 78.90 area is Monthly pivot
[10:45] {ese} out gild .48 +.22
[10:45] {nemo} ursine sodomy day
[10:45] {ese} rotflol
[10:47] {nemo} it's funny, usually the market takes the stairs up and the elevator down, we've been getting alot of elevators ups, and escalators down
[10:48] {cipher} gdot l.30
[10:49] {thomcbell} its called an accomodative firehose
[10:49] {nemo} I've got this DT on spy as a resistance area
[10:49] {nemo} yep, lvs
01[10:50] {Threei}  tbell, what?? never heard this oen before, lol
[10:50] {jackharry} out gild at .53 on a tight trail from .25, thanks ese
01[10:51] {Threei}  nice find GILD... good job guys
[10:53] {nemo} mmhhhh, cam nice place for a shor
[10:54] {dolores} TZA wants to hold
[10:54] {nemo} spy broke resistance no shorts
[10:54] {cipher} gdot stopped -.08
[10:54] {nemo} we're gong to 138 probably
[10:54] {dolores} no more
01[10:55] {Threei}  GDOT is seriously damaged goods
[10:55] {ese} damn internet
01[10:56] {Threei}  lol
01[10:56] {Threei}  really
01[10:56] {Threei}  people don't write letters anymore
[10:56] {ese} alright alright................you've warned me more than a few times
01[10:56] {Threei}  oh wait you mwean disconnection
[10:57] {nemo} pissed I took my eyes of LVS perfect fib retrace
[10:57] {ese} the only reason i stay with telus is because of my email.......too many contacts around the planet to change it
01[10:57] {Threei}  but seriously... I have absolutely no issues with shaw
[10:57] {nemo} just above the whole 
01[10:58] {Threei}  I thought so too at the time... turned out, it's a three day's deal
01[10:58] {Threei}  after that all your correspondents changed your address, all your logins are renewed etc
[10:59] {ese} hmmmmmmmmm
01[10:59] {Threei}  and you can prepare in advance by making gmail address and running both in parallel for a few weeks until you make sure everyone got new one
[11:04] {nemo} iwm closes gap at .90
01[11:07] {Threei}  LVS is really intriguing me
01[11:07] {Threei}  seems it totally disconnected the market
[11:08] {Will49} it's a "gamble" isn't it?
[11:08] {Will49} :)
01[11:09] {Threei} Short Setup: LVS  .10 break
01[11:09] {Threei}  If holds  .20 
[11:10] {nemo} I faded it at .16
[11:11] {nemo} don't trust this though
[11:12] {nemo} don't like that
[11:12] {dolores} was that invalidated?
[11:12] {dolores} or still on?
01[11:13] {Threei}  invalidated... then triggered...
01[11:13] {Threei}  let's wait for bounce and new entry
01[11:14] {Threei}  I still feel it's a short but precise entry is a struggle
[11:15] {nemo} tza looking better
01[11:17] {Threei}  crap
01[11:17] {Threei}  LVS got away again
01[11:17] {Threei}  nothing like getting the trade idea right and not finding the implementation
01[11:29] {Threei}  OK, this is going to spoil my weekend
[11:32] {ese} L amrn .00
[11:32] {ese} dino you might like dis here one
[11:37] {thomcbell} fb
[11:37] {thomcbell} just sprinted nicely
01[11:38] {Threei}  mess redefined:
01[11:38] {Threei}  (GR) Greece said to be expected to exceed its 2020 debt targets by �30B; programs may be unreachable - financial press- Greece may seek debt forgiveness from the ECB before receiving new funds
01[11:39] {Threei}  firgive me old debts and give me new loans
[11:39] {dolores} crazy more forgiveness than what they got?
[11:39] {dolores} everyone will ask the same
[11:40] {dolores} LVS will be a buy soon!
[11:40] {dino} this time they want it from govts
[11:41] {nemo} bwld
[11:41] {nemo} sorry
[11:42] {nemo} ntgr was nice
[11:42] {Will49} bwld = bewildered
01[11:42] {Threei} Long Setup:  DGX  .45 break
01[11:43] {Threei}  If holds  .40 
[11:43] {nemo} too low volume for me
01[11:43] {Threei}  a bit, yeah
01[11:43] {Threei}  but seems to trade farily steady
01[11:45] {Threei} Long Setup:  LVS  .85
01[11:46] {Threei}  If holds  .75 
01[11:47] {Threei}  no go
[11:47] {nemo} spy at trend
[11:54] {dolores} got some of that LVS
01[11:54] {Threei}  cool
[11:54] {dolores} very conservative 
[11:54] {dolores} but...
[11:55] {dolores} left quite a bit
[11:58] {ese} out amrn .175 +.175
[11:58] {ese} phew
[11:59] {Will49} nice call ese
[11:59] {ese} tks....scary
[12:00] {ese} with the # of shs going
[12:00] {Will49} naaa drummers have steel culliones
[12:00] {Will49} balls
[12:00] {ese} huh c whats
[12:00] {Will49} apologies D
[12:01] {ese} anyway....that'll do it for me today.......have to go and pick up my son at camp......have a great weekend cya monday....phew
[12:01] {Will49} be good
01[12:02] {Threei}  take care ese
[12:08] {nemo} nflx bounce time coming
[12:10] {nemo} oh and there goes spy
[12:13] {dino} gdot sm l .50
[12:16] {thomcbell} long setup lvs 35.87 break if holding 35.78
[12:17] {thomcbell} invalidated immediately after scripting
[12:17] {thomcbell} lol
[12:19] {cipher} nflx l.29
[12:20] {cipher} out .45
[12:20] {dino} gj
[12:20] {cipher} ty
[12:24] {nemo} mon probably long here
[12:24] {nemo} but hate lunchtime
01[12:36] {Threei}  my most hated kind of day
01[12:36] {Threei}  slow climb
[12:40] {dino} same here
[12:41] {dino} out gdot .80, +.30
01[12:42] {Threei}  wtg
01[12:44] {Threei}  we had a great week... will be watching for a decent plays, but not going to push too hard, don't want to jeopardize it
[12:46] {nemo} almost worth spxu here
01[12:47] {Threei} Long Setup:  TZA  .40 break
01[12:47] {Threei}  If holds  .35 
01[12:48] {Threei}  target .55
[12:48] {nemo} l spxu .23
[12:48] {nemo} stop .15ish
01[12:48] {Threei}  same idea eh
[12:48] {nemo} having said that, IWM still has 79  in it's sights
[12:48] {nemo} yeah
[12:53] {nemo} I'll have to put in hardstops, I'm falling asleep
01[12:53] {Threei}  and pillow on the trajectory where your chin meets the desk
[12:53] {nemo} never hits my barrel chest and washboard abs always get in the way
[12:54] {RonS} and his fourth chin is already there anyway...
[12:54] {nemo} a little weak
[12:54] {nemo} now, if you'd said "and his oversized ego, is already there?"
[12:55] {nemo} thinking akam bounce here
[12:55] {nemo} l .31
[12:55] {RonS} but we all know that has no substance...
[12:55] {RonS} :)
[12:55] {nemo} everybody's ego has substance
[12:59] {nemo} think I'm scratching spxu, think one more bear howl coming
[13:01] {nemo} yep
[13:05] {nemo} whoa cat
[13:05] {nemo} stop hunt?
[13:06] {nemo} jeepers .01 short of 1:1 what a day
[13:08] {nemo} mmmhh that 3mil plus 2 minutes in spy make spxu tempting
[13:08] {nemo} second one at this level
[13:14] {nemo} I scratched akam
01[13:15] {Threei}  I am sure it was very pleased
[13:15] {nemo} wow
[13:18] {dolores} sorry was out are we in tza?
01[13:18] {Threei}  yes
[13:19] {dolores} stop .34?
01[13:20] {Threei}  yes
[13:21] {dolores} 1.3?
01[13:21] {Threei}  ?
[13:21] {dolores} target?
01[13:21] {Threei}  oh...
01[13:22] {Threei}  .55 should be doable
01[13:22] {Threei}  two partials
[13:22] {dolores} ok thxs
01[13:22] {Threei}  one .47 - .48
[13:25] {nemo} wow
01[13:25] {Threei}  sigh
[13:25] {dolores} wow check that spike on the dow
[13:25] {nemo} spy going to 138.50 now that's WR1
01[13:25] {Threei}  must be news
01[13:25] {Threei}  (EU) ECB's Draghi reportedly suggests measures for the EMU including bond purchases, a possible rate cut and a new LTRO
01[13:26] {Threei}  ok... idiot opened his mouth again
[13:26] {nemo} so they need another organization to buy the bonds
[13:26] {Will49} egads....hair trigger market on news
01[13:26] {Threei}  yeah
01[13:27] {Threei}  trade was starting to work nicely
01[13:27] {Threei}  Draghi said to suggest favoring a banking license for the ESM over the longer term and has reached out to other ECB members to help generate consensus ahead of the council meeting scheduled for Aug 2
[13:28] {nemo} WPP IWM is 79.40
[13:28] {Will49} talk about clowns flailing around in the dark
[13:28] {Will49} re-arranging deck chairs on the Titanic
[13:29] {nemo} no trading this shit
[13:29] {Will49} no kidding
[13:29] {nemo} this likely runs into the close after those comments
[13:29] {Will49} I don't even know how to trade yet - and I can't trade it
[13:30] {nemo} So European markets will gap up big on Monday and so will we...definitely over 140 if we don't get there today
[13:33] {dino} they are just working towards starting the printing presses
[13:35] {nemo} l tna above .38
[13:36] {nemo} 1/2 .53
[13:36] {nemo} stop is be
[13:37] {nemo} 1/4 more .66
[13:37] {nemo} stop is under .50
01[13:38] {Threei}  ok... reversal should be close
01[13:38] {Threei} Long Setup:  TZA  .80 break
01[13:38] {Threei}  If holds  .75 
[13:39] {nemo} right
[13:39] {nemo} out last 1/4
[13:39] {nemo} .48
01[13:40] {Threei}  half out
01[13:40] {Threei}  .88
01[13:40] {Threei}  stop to .79
[13:42] {nemo} s expe .99
[13:43] {nemo} stop is above .10
[13:44] {nemo} didn't move during that uptick now it's gonna' mess with me
[13:45] {nemo} I'm out above the hammper
01[13:45] {Threei}  1/4 more out
[13:45] {nemo} hammer
01[13:45] {Threei}  finally nailed decent one
[13:45] {nemo} tough day to read
01[13:45] {Threei}  who is in??
01[13:46] {Threei}  or was
[13:46] {dolores} out all
[13:46] {Will49} was
01[13:46] {Threei}  about here dolores?
[13:46] {dolores} .82 in
[13:46] {Will49} out at .91 on demo
[13:46] {dolores} 87 88 97
[13:46] {dolores} out
01[13:46] {Threei}  :)
[13:47] {dolores} .84 small out
[13:47] {nemo} [artoa;ed /80
[13:47] {nemo} partialed .80
[13:47] {dolores} had 600 so unloaded a bit before
[13:47] {nemo} frickin' diaper stock
[13:47] {nemo} CIPHER!
01[13:47] {Threei}  nemo, that's not even Yoda speak
[13:47] {nemo} out above .05
01[13:47] {Threei}  type better you should
[13:47] {nemo} stop above .05
[13:48] {nemo} Pot hitting Vad with a kettle
01[13:48] {Threei}  hehe
01[13:48] {Threei}  out 18.01 in full
01[13:49] {Threei}  +.20
[13:49] {dolores} wow shorted PCLN
[13:49] {dolores} nice
[13:49] {dolores} avg .80 
01[13:50] {Threei}  even that wad too soon TZA
01[13:50] {Threei}  but what a precision on reversal timing
[13:50] {dolores} yes TZA pity
[13:50] {dolores} well nice trade
[13:50] {nemo} sbux short .95
[13:50] {nemo} stop above the whole
[13:51] {nemo} frickin' as pleasurable as flossing with barbed wire today
[13:52] {nemo} where's my frickin' shotgun I'm in monitor shooting mood
[13:52] {Will49} Vad tells me we're supposed to leave emotions out of this
01[13:52] {Threei}  going to hunting to Komodo island?
[13:53] {nemo} ?
01[13:53] {Threei}  sigh
01[13:53] {Threei}  monitor...
01[13:53] {Threei}  giant lizard...
01[13:53] {Threei}  Komodo...
01[13:53] {Threei}  come on
[13:53] {nemo} Why would I want to hurt an innocent animal
[13:53] {nemo} People, that's another story
[13:55] {nemo} sheesh, sbux, DT looks better now
[13:56] {nemo} Saw a great cartoon caption read:  "You call them swear words, Icall them sentence enhancers."
[13:56] {dolores} CRR did not follow this  market move and this morning was much higher
[13:56] {dolores} strange it did not bounce again
[13:57] {nemo} looks short
[13:57] {nemo} if the market doesn't go higher
01[13:57] {Threei}  in russian they call them "word connectors"
[13:58] {nemo} I just looked at the clock, it's only 2:00 oy frickin' vay
[14:00] {nemo} could argu spxu/tza here, but Draghi might not be asleep yet
01[14:01] {Threei}  lol
[14:02] {nemo} haven't exited starbucks yet 
[14:02] {nemo} partialed expe .60
[14:03] {nemo} out
[14:03] {nemo} sbux
[14:03] {nemo} expe above .75
[14:04] {nemo} out expe 
01[14:08] {Threei}  Obama administration projects $1.2 trillion deficit this year
01[14:09] {Threei}  Nanaimo RCMP looking for 40-yr-old Mark Westwood 5'4" 150lbs & say has cognitive ability of a child, left home Jul 25
01[14:09] {Threei}  nemo, call home!
[14:10] {nemo} I'm 51 5'6" 165 lbs.  and I have the cognitive abilities of an amoeba
[14:10] {Will49} barrel chested for sure
01[14:11] {Threei}  hah... so being at the moth level, I may have a bragging rights of out-ontellectualizing you?
[14:11] {nemo} frickin' sbux
[14:11] {nemo} you mean out un-intellectualizing?
01[14:11] {Threei}  you are one smart amoeba, you figure it out {G}
[14:11] {nemo} frig, was thinking SPXU .30 long, but my butt still sore from last short
[14:12] {nemo} look at ntgr today
[14:17] {dptl} wlt .20 long?
01[14:18] {Threei}  not my kind
01[14:18] {Threei}  volume drops sharply on return to the high
[14:25] {nemo} lcat .71
[14:26] {nemo} stop is .69 not screwing with this
[14:28] {nemo} nyse on bid and offer
[14:29] {nemo} I hate that
[14:29] {nemo} hit my .81 offer for 1/2
[14:30] {nemo} hawk screeching outside the window
[14:30] {nemo} bunny must be shaking
[14:33] {nemo} iffering .95
[14:33] {nemo} "o"
[14:33] {nemo} "o." k
[14:37] {nemo} nyse not letting them hit the .00s
[14:38] {nemo} stop .99
[14:38] {nemo} always nyse near the BBBO
[14:40] {nemo} out
[14:53] {nemo} l sbux .86
[14:53] {nemo} stop under .75
[14:53] {nemo} offering .96
[14:54] {nemo} got .97
[14:54] {nemo} target 48.60 if it gets through the whole, stop is the same
[14:55] {nemo} gonna' raise stop to .79
[14:55] {nemo} Oh shit....can hear Neil Diamond singing in my head
[14:55] {nemo} Ride.....c'mon baby ride...
[14:56] {nemo} stop to .00
[14:57] {nemo} whoa tick dropping fast
[14:57] {nemo} wtf
01[14:58] {Threei}  well... someone somewhere duct-tapes Dreaghi mouth maybe
[14:58] {nemo} I was a tad early on my expe short
[15:00] {nemo} cmon my SBUXOM beauty
[15:00] {nemo} eh...don't like that tail
[15:01] {nemo} sniff sniff
[15:02] {nemo} glad today is Friday
[15:02] {Will49} a dual to the finish
[15:02] {nemo} dual what?
[15:02] {Will49} duel
[15:02] {nemo} ahhhhh
[15:02] {nemo} was gonna' say, only in one stock at the moment
[15:03] {nemo} and that looks like it's about to end
[15:03] {dptl} tpx .45 long?
[15:03] {nemo} sold .00's
[15:03] {Will49} was watching spy
01[15:04] {Threei}  I can't tell dp
01[15:05] {Threei}  chart is right but I just hate buying breaks this late in the rally and in the day
[15:05] {nemo} might be worth it if it can get above that spike though
[15:09] {dolores} PCLN breaking 680!
[15:09] {nemo} Have at it...good luck
[15:10] {dolores} no I covered
[15:10] {dolores} wont touch it here
[15:10] {nemo} you should get together with cipher
[15:10] {dolores} 40 minutes left and tyhis thing moves in at least 50 cents each time
[15:14] {nemo} wow, we open above 140 on mondday
[15:14] {nemo} Europe will be up on Draghi huge
01[15:14] {Threei}  or not
01[15:15] {Threei}  you never know who else says what
[15:15] {nemo} everybody knows greece is porked so
01[15:15] {Threei}  yes but no one knows the mechanics and impact of Greece exit
01[15:16] {Threei}  they pretty much gave up on it and want to keep Spain from falling,
01[15:16] {Threei}  and Draghi says they can
01[15:16] {Threei}  well, I say they can't
[15:17] {dolores} well he needs to convince the central bank gyu in germany isnt it? 
01[15:17] {Threei}  the longer market believes this clown, the more height it will have to fall from when they find out
[15:17] {nemo} German supreme court actually
01[15:17] {Threei}  yes, but even if they do... they still can';t
[15:18] {dolores} who has already respond yesterday against buying bonds
01[15:18] {Threei}  whatever they do, they have no money
01[15:18] {Threei}  they can only borrow more or print
01[15:18] {Threei}  borrowing is pretty much comes to a halt
01[15:18] {Threei}  so it's print your way out or fall apart
01[15:19] {Threei}  printing means hyperinflation
01[15:19] {Threei}  and guess what - doesn't solve anything,
01[15:20] {Threei}  because after current debat is inflated away, accumulation of new one begins
[15:20] {Will49} but can go on for a long, long time
01[15:20] {Threei}  no problems cayusing this deep indebtness were solved
01[15:21] {Threei}  so, if there is any kind of common sense left, thing will be allowed to fall apart
01[15:21] {Threei}  anfd if not - like will says...
01[15:21] {Threei}  it will be a very long agony
[15:21] {Will49} not with politicians needing to get re-elected
01[15:22] {Threei} Long Setup:  FAZ  .60 break
[15:26] {dolores} glad did not short PCLN
[15:26] {cc_8} yea why is pcln going p
[15:26] {cc_8} up
[15:27] {nemo} shrt clf .60 small
[15:27] {dolores} I think on expedia earnigs
[15:27] {nemo} stop .67
01[15:27] {Threei}  no news... decent resluts by EXPE yesterday, so maybe sympathy
[15:27] {Will49} is the thinking on FAZ that traders will get flat for weekend?
01[15:28] {Threei}  not so much "will" as "should"
[15:28] {Will49} ahhh
01[15:30] {Threei}  if SOY can't break 139, pullback is going to make FAZ work
01[15:30] {Threei}  SPY
01[15:30] {Threei}  if SPY breaks, FAZ shouldn't even trigger
[15:30] {nemo} nice C&H forming on spy
[15:30] {nemo} out clf
[15:32] {nemo} Economic news has been pretty bad...and we're only down 2% on they year...new highs maybe next week...or not
01[15:33] {Threei}  you continue putting price action against wrong background
01[15:33] {Threei}  economic news doesn't matter
01[15:33] {Threei}  EU does
01[15:33] {Threei}  FAZ invalidated
01[15:33] {Threei}  "obviously"
[15:36] {dolores} bloomberg saying that draghi must have some negotiation going on to come out so strongly
[15:36] {dolores} good argument
[15:36] {dolores} he wouldnt be so trong if he has  no support
[15:38] {dino} they print or die. either way they die in the end
01[15:38] {Threei}  right
[15:38] {dino} as politicians go, imothey will print first
01[15:38] {Threei}  so it comes to whether they die after causing a ton of damage, or they die after causing 10 tons of a damage
01[15:39] {Threei}  they try for 10
[15:39] {dino} 10 tons it will be is my bet
01[15:39] {Threei}  I wish I had arguments against that...
[15:39] {Will49} they'll do anything to stay in power
[15:40] {Will49} anything but the right thing
[15:40] {dino} exactly will
[15:40] {Will49} no moral or ethical leadership anywhere
[15:40] {dino} politicians only care about themselves/re-elections. not what is rught
[15:40] {dino} right
[15:40] {Will49} right on
[15:41] {Will49} the "me" generation is in control
[15:41] {Will49} the "me" generation CEOs are as bad as the politicians
[15:42] {Will49} do I sound jaded?
[15:42] {dino} lol
[15:42] {dolores} ok guys  see you next week
01[15:43] {Threei}  take care dolores
[15:43] {dolores}  have agreat weekend 
[15:43] {dino} cya
[15:43] {dolores} thxs VAD
[15:43] {Will49} have a great WE dolores
[15:51] {nemo} spxu long .05
[15:51] {nemo} small
[15:52] {nemo} 1/2 .16
[15:52] {nemo} stop to b/e
[15:53] {nemo} 1/4 .25
[15:53] {Will49} we didn't wait long enough for TZA
01[15:54] {Threei}  yeah
01[15:54] {Threei}  oh well
[15:54] {nemo} out .35
[15:54] {Will49} next
01[15:54] {Threei}  finishing slighly negative
01[15:54] {Threei}  no time for next
[15:54] {Will49} next week
[15:54] {nemo} I'm positive, but it was a struggle...wanna' cup of coffee?
[15:55] {Will49} used to have a saying in sales "some will, some won't...next!"
01[15:55] {Threei}  good week overall
01[15:55] {Threei}  thank you all, have a great weekend
[15:56] {Will49} bye
01[15:56] {Threei}  see you Monday
[15:56] {scottie} see you monday all
[15:56] {cipher} cya
[15:56] {nemo} thanks for the warning
[15:56] {dptl} gn
[15:57] {dino} gn all