Tuesday, July 31, 2012

July 31 2012

About flat day, with good morning and decent finish but a few stops in the middle as market bobbed up and down with no rhyme or rhythm. 

Session Time: Tue Jul 31 00:00:00 2012
[09:02] {dino} gm
01[09:02] {Threei}  morning dino
[09:07] {cipher} morning
01[09:08] {Threei}  cioher :)
01[09:17] {Threei}  this is absolutely amazing market we are witnessing
01[09:17] {Threei}  see this sharp red bar a few min ago?
01[09:17] {Threei}  here is what caused it:
01[09:17] {Threei}  (DE) German Fin Min: No secret discussions being held on ESM banking license
[09:17] {Will49} gm
01[09:18] {Threei}  will :)
[09:18] {Will49} some bar!
[09:19] {RonS} gm...don't make nemo thirsty...
01[09:19] {Threei}  lol
[09:21] {RonS} Deutsche Bank to cut 1,900 jobs in bid to save $3.68 billion
01[09:21] {Threei}  we can figure their salaries now
[09:23] {dptl} gm
01[09:23] {Threei}  dp :)
01[09:27] {Threei}  Chicago PMI at 9:45
01[09:27] {Threei}  ese forgot where the door is
[09:28] {ese} morning
01[09:28] {Threei}  ese :)
[09:28] {jackharry} good morning
01[09:28] {Threei}  jack :)
[09:28] {ese} jack vad dp ron will......top ah the marnin ta ya
01[09:28] {Threei}  feels like shorting is first order of the day
01[09:29] {Threei}  desirably into initial bounce
01[09:29] {Threei}  KORS is being hit
01[09:31] {Threei} Short Setup: FCX  34 break hl
01[09:31] {Threei}  change to .08 break
01[09:31] {Threei}  If holds  .15 
01[09:33] {Threei}  change to .15 break
[09:33] {thomcbell} lvs caught a downgrade today under a bit of pressure
[09:33] {dino} coh sm l .00
01[09:35] {Threei}  Invalidated  
01[09:35] {Threei} Short Setup: LVS  .10 break
01[09:35] {Threei}  If holds  .20 
[09:36] {dino} out coh .40, +.40
[09:37] {dino} re-load .15
[09:37] {dino} out .45, +.30
[09:38] {dino} sm l .55
01[09:38] {Threei} Short Setup: LVS  .30 break
01[09:38] {Threei}  If holds  .40 
01[09:38] {Threei}  hl
01[09:39] {Threei}  1:1
01[09:39] {Threei}  1:2
01[09:39] {Threei}  me out
01[09:40] {Threei}  took some hunting for an entry but worked like charm
[09:40] {cipher} lvs nice one
[09:40] {pragmatic} man, that is awesome. 5sec trade :)
01[09:40] {Threei}  that's how we like them
[09:40] {dino} out coh .85, +.30
01[09:40] {Threei}  FCX got away
[09:43] {dolores} hello GM
[09:43] {thomcbell} aapl strong as 10 men today 
01[09:43] {Threei}  dolores :)
01[09:44] {Threei} Long Setup:  SLW  .10 break
01[09:44] {Threei}  If holds  .05 
01[09:45] {Threei}  *(US) JULY CHICAGO PURCHASING MANAGER: 53.7 V 52.5E
[09:45] {dino} stc amzn aug 230 puts, +.85 from fri
01[09:45] {Threei}  no go SLW
01[09:47] {Threei} Long Setup:  FCX  34 break
01[09:48] {Threei}  If holds  .95 
01[09:48] {Threei}  Invalidated  
[09:50] {dino} stx sm l .90
01[09:50] {Threei} Short Setup: FCX  .90 break
01[09:50] {Threei}  If holds  34 
01[09:51] {Threei}  asctually, wrong stop placement
01[09:51] {Threei}  .96
01[09:51] {Threei}  half out
01[09:52] {Threei}  stop to .91
[09:52] {dino} stx stop is .74
[09:52] {dino} stop
01[09:52] {Threei}  bid 1/4 more .77
01[09:55] {Threei}  hit
01[09:55] {Threei}  stop for the last piece to .86
01[09:56] {Threei}  out
01[09:56] {Threei} Long Setup:  GDX  .55 break
[09:58] {thomcbell} long setup ebay 44.91 break if holding 44.77 half lot
[09:59] {dolores} filled GDX
[09:59] {dolores} stoop?
01[09:59] {Threei}  under .45
[09:59] {cipher} tna l .48
01[09:59] {Threei}  target 1:2
[10:00] {nemo} numbers
[10:00] {cipher} out tna .83
01[10:00] {Threei}  *(US) JULY CONSUMER CONFIDENCE: 65.9 V 61.5E
[10:00] {thomcbell} ebay 1:1
01[10:00] {Threei}  1:1
01[10:00] {Threei}  half out
01[10:01] {Threei}  stop to .54
[10:02] {dino} stx rinsed
[10:02] {thomcbell} ebay half out at 1:1
[10:02] {dino} couple pulp type today, stx, hum, coh
01[10:02] {Threei}  scalpers win this one
01[10:03] {Threei} Long Setup:  FAZ  .15 break
01[10:03] {Threei}  If holds  .05 
[10:03] {dolores} in FAZ
01[10:05] {Threei}  selling into such confidence numbers, this is very beairsh
01[10:06] {Threei}  come on SPY, lose the low and die
[10:06] {dptl} in faz .11
[10:06] {nemo} look at it on the 15 min chart sheesh
[10:07] {dino} coh sm l .50
[10:09] {dino} stop -.20
01[10:09] {Threei}  expected much more strength in FAZ
01[10:09] {Threei}  let's trail to .09
01[10:09] {Threei}  trade is still valid but risk should be trimmed
[10:10] {ese} L vlo .55
01[10:11] {Threei}  feels to me like another leg down is coming in SPY
01[10:12] {Threei}  no
01[10:12] {Threei}  out
[10:17] {nemo} l tna .31
[10:17] {nemo} stop .24ish
[10:18] {nemo} swks looks long above .75
01[10:18] {Threei} Short Setup: FCX  .90 break
[10:18] {nemo} partial .48
01[10:18] {Threei}  If holds  .95 
[10:20] {nemo} stop under .30 tna
[10:21] {ese} out vlo .78 +.23
[10:21] {nemo} l swks .77
01[10:21] {Threei}  no go
[10:21] {dolores} out
[10:21] {nemo} stop is....60ish
[10:21] {dino} added coh calls 1.40
[10:22] {nemo} partialed tna .74
[10:22] {nemo} stop under .50
[10:24] {nemo} partial swks .87
[10:24] {nemo} stop under .75
[10:25] {nemo} out tna .88
[10:25] {nemo} break of .90 swks looks like another entry
01[10:25] {Threei} Long Setup:  FB  .30 break
01[10:25] {Threei}  hate to do it but
01[10:25] {Threei}  If holds  .20 
01[10:27] {Threei}  sigh
01[10:27] {Threei} Long Setup:  LVS  .90 break
[10:28] {nemo} shaw might be a short if it drops .95
01[10:28] {Threei}  If holds  .80 
[10:28] {nemo} and a long above the whole
[10:28] {nemo} adding to swks above .91
[10:30] {thomcbell} i feel FB will need some time near the lows for at least a few people to be on a winning long before it makes a nice 0.70 cent move 
[10:30] {thomcbell} going to watch it 
[10:31] {nemo} added .92 
[10:33] {nemo} stop is under the doji for swks
[10:34] {nemo} sbux looks like a long to vwap if it holds this low
01[10:35] {Threei}  in rertospect was two sided
[10:36] {nemo} well, only the broker liked the swks trade
[10:41] {nemo} short mos .68
[10:41] {nemo} stop above .80
[10:42] {nemo} actually could make the stop tighter but...
[10:43] {scottie} good morning, what did I miss?
[10:44] {nemo}  sheesh
01[10:44] {Threei}  some good ones, couple smallish stops
01[10:44] {Threei}  a bit ona positive side, mostly thanks to opening play on LVS
[10:48] {nemo} coh break of .90
[10:49] {nemo} long
[10:49] {nemo} didn't get it
01[10:49] {Threei} Long Setup:  LVS  .70 break
01[10:49] {Threei}  ugh, late
[10:50] {nemo} boy, bumming I didn't get filled
[10:50] {dino} tfm spike
01[10:51] {Threei}  ok, in
[10:51] {dino} sm s .75
[10:51] {dolores} in
[10:51] {dolores} stop?
[10:51] {nemo} under .60
01[10:51] {Threei}  .60
[10:52] {dino} tfm stop -.35
[10:53] {nemo} swks long .86
[10:53] {dino} rinsed again
[10:53] {nemo} oh shit, just bought more by accident
[10:54] {nemo} stop under .75
[10:54] {Will49} and I though it was only me who does that (by accident)
01[10:55] {Threei}  no go
[10:59] {dino} tfm sm s .30
[10:59] {dino} cov .92, +.38
01[11:02] {Threei}  FB, what an incredible screwup
[11:02] {nemo} not if you were part of the private placements over the last few years
[11:02] {RonS} hum acting like it wants 60 break...
[11:03] {nemo} dumped my extra swks at .94
[11:04] {nemo} deck seems to have stopped trading
[11:05] {nemo} Les is messaging me again
[11:06] {nemo} weird...you kick a dog enough, it usually doesn't come back
[11:07] {ese} L ocz .81
[11:08] {ese} lol
[11:09] {RonS} nemo, that's what england though of all those they sent to australia
[11:09] {nemo} ahhhh....Les is from Oz, makes sense
[11:09] {Will49} :)
[11:09] {nemo} what you a pom Will?
[11:09] {ese} but Les is living a life of luxury in the SWiss Alps and is probably laughing at your menial situation adn so it don't matter how many times you kick him.............
[11:10] {Will49} pmo?
[11:10] {ese} he's just laughing at us
[11:10] {Will49} pom?
[11:10] {nemo} pom=brit?
[11:10] {Will49} not
[11:10] {nemo} that's what the Ozzies call them
[11:10] {Will49} just think you are funny is all
[11:10] {nemo} ahhh
[11:11] {nemo} hear that Vad?
[11:11] {nemo} or read that, as the case may be
[11:11] {Will49} don't worry, I'll get over it
[11:11] {nemo} wow, .00 level offers swks, no surprise there
[11:12] {nemo} half swks at .00
[11:13] {nemo} well, half of the original I bought before I doubled up
[11:13] {nemo} stop is now...not sure, either under .80 or the whole
[11:14] {nemo} nver mind looking at tna stop under .95
01[11:14] {Threei}  can't help but notice big divergence LVS vs market
01[11:14] {Threei}  short candidate
01[11:15] {Threei}  46% Will Be Voting For Lesser of Two Evils This Presidential Election
[11:16] {RonS} 50% vote that way every election imo...
[11:16] {nemo} and how many that vote are intellectual morons anyway 
[11:17] {Will49} 80%
[11:17] {nemo} makes armageddon sound better, doesn't it?
[11:18] {ese} what eggzactilly are those evils?  
[11:18] {Will49} just see what's being watched on network TV
[11:18] {Will49} boggles the mind
[11:19] {Will49} literally
[11:19] {dolores} saved some FB
[11:19] {dolores}  down on commissions only
[11:19] {dolores} now pullback and LVS up
[11:19] {dolores}  yesterday did the same
[11:20] {Will49} why is LVS acting like this?
[11:20] {nemo} wrong question will
[11:20] {Will49} for you maybe
[11:20] {dino} lol
01[11:20] {Threei}  there was a very good article on presidential elections today by Stratfor
01[11:21] {Threei}  http://goo.gl/MqpsW
[11:21] {nemo} I tweeted that out
01[11:21] {Threei}  Raven...
01[11:22] {Threei}  nemo's tweeting again
[11:22] {dolores} is LVS a buy at .70?
[11:22] {dolores} if market moves up?
[11:22] {nemo} I've got gas, what can I say
01[11:22] {Threei}  I'd prefer to stay away from long side on it
[11:22] {dolores} ok
01[11:23] {Threei}  it worked like charm as a short for us, and failed or invalidated as ,long
01[11:23] {Threei}  stays near low while market tests highs
[11:23] {nemo} think lvs goes to .90 area
01[11:23] {Threei}  not a behavior I want from long candidate
[11:23] {nemo} l tna small .06
[11:24] {nemo} stop under .95
01[11:25] {Threei} Long Setup:  IWM  .40 break
[11:25] {nemo} sheesh
01[11:25] {Threei}  If holds  .30 
01[11:28] {Threei}  (GR) Some Greece coalition members seeking to extend bailout program requirements over 4 years rather than 2 year extension earlier speculated- financial press
[11:28] {Will49} gotta admire those greeks
[11:30] {dino} they have to sell entire country to get out of this
01[11:30] {Threei}  what the deuce
[11:31] {Will49} nahh, they'll keep the ball in th air for decades
[11:31] {nemo} Draghi must have farted
01[11:31] {Threei}  no setup works after 10
01[11:33] {Threei}  all of a sudden every word of his matters
[11:35] {nemo} sheesh x
[11:39] {dolores} http://www.bloomberg.com/news/2012-07-31/german-finance-ministry-sees-no-need-to-give-esm-bank-license.html
[11:40] {dolores} FB seems bottom around here
[11:40] {dolores} bounced 2 or 3 times from lows
01[11:40] {Threei}  he repeats it ever sinve that ceisure by draghi
01[11:40] {Threei}  but no one listens
[11:42] {dolores} yes germans are quite strong against france, spain and italy
[11:42] {dolores} thought that would trigger some downturn in the market but did not
01[11:43] {Threei}  why would it, it's not fresh
[11:43] {ese} agreed
01[11:43] {Threei}  he said it 3 times since friday
[11:44] {nemo} s cat .01
[11:44] {nemo} stop .10 ish
[11:45] {dolores} yes but now all german parties are saying no
[11:45] {dolores} last week there were hints some germans would accept it
[11:46] {nemo} sheesh
[11:46] {nemo} shoulda' known, no shorting in the hole especially in a dull market
01[11:49] {Threei}  (ES) Bank of Spain: Bank sector test results will not be disclosed
01[11:49] {Threei}  must be THAT good!
01[11:50] {Threei}  dolores... if that's indded what's happening (Germany coalesces in decision to stop supporting bailoluts), then EU is over
01[11:51] {Threei}  if they persist, then it will be walk as undead for a while yet
01[11:51] {Threei}  walking
[11:52] {dolores} yes
[11:54] {dolores} well they will bailout somehow but they are very opposed to the ECB to intervene in the debts of the countries
[11:54] {dolores} they do not want the ECB to be like the federal reserve
01[11:54] {Threei}  I guess because they'd have to finance it
[11:55] {dolores} no way polititians give up their power in fasvor of ECB
[11:55] {dolores} specially with an italian chief
[11:56] {nemo} l cat .16
[11:56] {dolores} Germans are one track minded
[11:56] {nemo} stop under .10
[11:56] {dolores} dont waste money and horror of inflation
01[11:56] {Threei}  they had Weimar experience
[11:56] {dolores} after the deficits they dont trust one bit  countries will get in line
[11:57] {dolores} they paid a high cost for reuniting germany and making the economy work
[11:57] {dolores} was hard work
[11:58] {dino} stc stx calls .80, +.27/50%
[11:58] {dolores} and the southeuropeans sunbathing in the mediterranean while they worked!!!!
[11:58] {dolores} JA JA 
[11:58] {dolores} no wy
[11:58] {dolores} no way
[11:59] {nemo} getting algo'd to death
[12:00] {nemo} sheesh...bar time....er...I mean lunch time
[12:02] {dolores} LOGM taking   a beat
[12:06] {dolores} ok will walk doggies 
[12:06] {dolores} see you later
[12:06] {RonS} get this, Missy Franklin lives one neighborhood over from mine.  17 yr old won the gold medal in 100m backstroke.
[12:07] {RonS} She holds Canadian/American citizenship. Her Dad is an ex-CFL football player.
[12:08] {RonS} Entered in a US record 7 events.
01[12:08] {Threei}  Just 17% think #Obama, #Romney are best possible candidates
[12:08] {dino} cool
[12:08] {dino} on the franklin thing
01[12:08] {Threei}  hmmm... while I am far from being enamored with either, I'd be hard-pressed to suggest a better one, at least out of piblic figures
[12:09] {ese} thats cool ron
[12:09] {ese} ditto
01[12:09] {Threei}  don't see any on either side who I'd consider a great candidate for a great president
01[12:10] {Threei}  - US indices are mostly flat again this morning after a tepid day yesterday as traders continue to sit tight ahead of the Fed and ECB meetings later this week. There was a raft of US data out before and after the open of trading, although it is not having much of an impact.
01[12:13] {Threei}  sad times when president is chosen by the "who will cause less harm" criterion
01[12:14] {Threei} Short Setup: LVS  .40 break
01[12:14] {Threei}  If holds  .50 
[12:17] {RonS} actg dino
[12:19] {dino} settlement w/c
[12:19] {dino} sm l .75 ave
[12:19] {dino} ouch
[12:23] {dino} actg sm l .32
[12:24] {nemo} l tna .90
[12:24] {nemo} small
[12:24] {nemo} stop under .80
[12:24] {dino} out actg .07, +.75
[12:25] {dino} ty ron
[12:26] {RonS} yw
[12:31] {nemo} I'm scratching this is looking like bear flag to me
[12:36] {dino} actg sm l .60
[12:38] {dino} out actg .04, +.44
[12:44] {Will49} still .40 break LVS?
01[12:45] {Threei}  I think so
[12:45] {Will49} tks
01[12:48] {Threei}  die
[12:53] {RonS} hum knocking on 60
[12:53] {dino} watching it
01[12:58] {Threei}  half out
01[13:00] {Threei}  new lows coming in SPY
01[13:01] {Threei}  low volume
01[13:02] {Threei}  I guess some hedging happens in case Draghi doesn't deliver tomorrow
01[13:02] {Threei}  or which day that is
01[13:02] {Threei}  (ES) Spain Econ Min de Guindos said to have received support from German fin min for aid in bond market - press
01[13:03] {Threei}  who knows what this means
[13:04] {Will49} only the shadow knows
[13:05] {ese} is Bernackers going to be making any sort of negative announcement today like he normally does vad?
[13:05] {RonS} tomorrow
[13:06] {ese} ahhhhh tks
[13:06] {RonS} today only meeting
[13:06] {RonS} omg
[13:06] {RonS} nemo racing to garage to sharpen knives
[13:07] {ese} to funny
01[13:07] {Threei}  yeah, tomorrow 14:15
[13:08] {ese} did you notice that the S&P is moving because Les has returned....or attempted to return
[13:09] {ese} wow thats power
[13:10] {Will49} is the the same Les that chats on Cara's site?
[13:10] {dolores} I am back 
[13:11] {ese} hmmmmmm......i;m not sure.....someone might know.....nemo?
[13:11] {nemo} yeah same les, wo dolores make my day 
[13:11] {ese} tough crowd D
[13:12] {nemo} yeah, that's les on bill's site
[13:12] {Will49} tks
[13:13] {RonS} dino look 5 day 10 or 15 min DECK...quite the mover recently
[13:14] {ese} ocz......show me the money
[13:14] {dolores} HI NEMO
[13:14] {nemo} ;-) don't yell
[13:14] {RonS} vvus looking like it wants a gap fill down but cannot short here
[13:14] {dolores} FB below 22
[13:14] {Will49} that's all he wanted D was recognition...very needy
[13:15] {RonS} and vvus options way too much $$
[13:17] {dolores} ha ha
[13:17] {Will49} can't trade worth a sh** so may as well insult nemo
[13:17] {Will49} I get way more than my money's worth doing that
[13:18] {ese} now now will.....confidence buddy confidence
[13:18] {Will49} should have put a smiley on that comment
[13:18] {ese} sorry tech challenged.....don't know how to do that
[13:19] {Will49} I meant I should have :)
[13:20] {dino} coh sm l .00
[13:22] {dino} ron, deck? sitting on vwap
[13:23] {nemo} almost
[13:24] {nemo} so, should be quite the baby boomlet in india in about 9 months
[13:24] {Will49} lol
[13:25] {Will49} would a power failure in Aus create a baby boomerang?
[13:26] {dino} deck collapse coming imo
[13:26] {nemo} no, but it would probably lower the net IQ of the world a couple of points
[13:26] {Will49} Les would love you for that comment
01[13:26] {Threei}  lol
[13:27] {Will49} woooeee Dino....COH
[13:28] {dino} out coh .67, +.67
[13:29] {dino} wii49, you take coh?
[13:29] {dino} will
[13:29] {Will49} no, but I got a thrill out of watvhinh you
[13:29] {Will49} watching
[13:30] {Will49} I'm only allowed to follow Vad's trades:)
01[13:30] {Threei}  no nes for this market spike
[13:30] {dino} ok
01[13:30] {Threei}  more details on that Spain-Germany negotiations
01[13:30] {Threei}  (ES) Spain Econ Min de Guindos said to have won support from German fin min for aid in bond market by offering more budget cuts in Spain - financial press- Econ Min de Guindos said to promise a push for additional budget cuts in Spain in govt health and education spending. **REMINDER: On 7/27 a Euro Zone official said that Germany did not discuss support for full bailout idea for Spain, but Spain discussed the idea of �300B bailout with Germany. - ECB's Draghi is reportedly pushing a plan to give the ESM a banking license that will allow purchases of sovereign bonds by the ESM and ECB. Earlier today the German Fin Min commented that there are no secret discussions being held about an ESM bank license.
[13:31] {Will49} yada yada yada
[13:31] {nemo} SPY IWM hit S1 on the daily...spy went down to 138.09, which is arguably a test of 138, now going back the other way
01[13:31] {Threei}  so much for that "we will not treat Spain as Greece"
[13:31] {dino} actg sm l .00
[13:31] {nemo} likely headed to vwap
[13:31] {RonS} hum l .42
01[13:32] {Threei} Long Setup:  TNA  .85 break hl
01[13:32] {Threei}  If holds  .75 
[13:34] {dino} i think so ron
01[13:34] {Threei}  change to .75 break
01[13:35] {Threei}  If holds  .65 
[13:37] {dino} meli odd last two days. announces tomorrow i think. somebody knows something
[13:37] {dino} out hum .72, +.30 ty ron
[13:37] {nemo} insider trading?   naaaahhhhh....can't be
[13:37] {dino} never happen
01[13:38] {Threei}  nope
[13:38] {nemo} perish the thought
01[13:38] {Threei}  that would be... gulp... ethically wrong
[13:38] {nemo} look tna offer .80
[13:41] {RonS} out hum .85 +.43
[13:41] {dino} you take hum ron?
[13:41] {nemo} if he did, I hate him
[13:42] {dino} out stop actg .77, -.23
01[13:42] {Threei}  no go TNA
[13:42] {dino} wtf actg, drops and pops 
[13:43] {dino} getting wider, drop coming imo
[13:43] {RonS} posted it first...11:32  RonS  hum l .42
[13:43] {nemo} hate him
[13:43] {dino} i see it
[13:44] {dino} 11:32? my mirc does not show times
01[13:44] {Threei}  very listless trading today
[13:44] {nemo} welcome to August trading, Vad
01[13:44] {Threei}  SPY chart is a mess
01[13:44] {Threei}  dino, you casn turn timestamp on and off
[13:44] {dino} 3i, you and i are opposites. yesterday was light/slow, today very nice
01[13:44] {Threei}  right click on the button with channel name
[13:45] {dino} ok ty
[13:45] {dino} got it
01[13:45] {Threei}  in dropdown menu there is a line saying Timestamp
01[13:46] {Threei}  this is where nemo went when he wanted a tatoo on the small of his back
[13:46] {dino} idiot i am, called drop in actg but did not trade it
[13:46] {nemo} no ink
[13:46] {dino} exit only i hope
[13:47] {cipher} I did thx dino
[13:47] {dino} wtg
[13:47] {cipher} +.38 short
[13:47] {dino} you dog
[13:47] {cipher} good call
[13:48] {nemo} should be a rumor out of Europe any time now
01[13:49] {Threei}  wow
01[13:49] {Threei}  http://www.forbes.com/sites/ericjackson/2012/07/31/why-do-some-advertisers-believe-that-90-of-facebook-ad-clicks-are-from-bots/
01[13:50] {Threei}  if any of this will prove true, FB is so dead
[13:50] {nemo} ahhh, little pop in spy any news
01[13:52] {Threei}  no
[13:52] {cipher} actg l .05
[13:54] {Will49} FB crapping out now
[13:56] {dino} wow hum
[13:59] {ese} i'm loving watching FB tank...........that CEO is such an idiot.  Welcome to the real world......the mrkt will pretty much decide how brilliant he is....a good stock S}}} kicking should about do it.
[14:00] {dino} lol
01[14:01] {Threei}  why is he idiot?
[14:01] {ese} am loving vad's Taoist Trader right now.......happened to read the stuff about patience on the weekend....ocz is paying off huge here
01[14:01] {Threei}  slimy weasel, sure
01[14:01] {Threei}  glad you like it
[14:01] {nemo} Hytra Zhoppa
[14:02] {RonS} lol...UBS: $FB IPO Cost Us $350 Million
01[14:02] {Threei}  who?
[14:02] {nemo} love that word
[14:02] {nemo} slimy weasel
[14:02] {dolores} well I dont think he is so stupid for an IPO at 38
[14:03] {nemo} I agree with Vad
[14:03] {nemo} laughing all the way to the bank
[14:03] {dolores} he can buy himself out now with a nice discount
[14:03] {ese} hmmmmmmm......his name must be mud around the financial community right now
[14:03] {dolores} is the banks that are stupid an dgreedy
[14:03] {dolores} to overprice the stock
[14:03] {ese} definitely stupid this time
[14:04] {nemo} no, the stupid greedy ones were the morons who bought it
[14:04] {nemo} caveat emptor
[14:04] {nemo} imo
[14:04] {nemo} imho
[14:04] {dolores} he made an amazing deal
[14:04] {nemo} is it possible for me to have an "imho"?
[14:05] {RonS} no, imho...
[14:05] {RonS} :)
[14:05] {nemo} Well, we'll have to ask Les, the expert
[14:05] {RonS} lol
[14:05] {Will49} lol
[14:05] {nemo} poor bastards ears must be ringing
[14:05] {nemo} which is doubly bad because his skull is an echo chamber
01[14:05] {Threei}  I hate the guy ever since I learned about that story from his student years, when he bragged how thousands of students gave him their e-mails "because they trusted me, clueless bastards" or something very close
[14:05] {Will49} ouch
[14:06] {Will49} ahah...I'm starting to get the Les picture
[14:06] {nemo} tell ya what, 3 minute charts on IWM looks long
[14:07] {RonS} interesting...tried to post that article link on stocktwits usinf tiny url and it did not go through...
[14:07] {RonS} Les is OK...kind of...
[14:07] {nemo} oh yeah, I like les
[14:07] {nemo} can't you tell?
[14:08] {ese} out ocz .12 +.31
[14:08] {Will49} my man
[14:08] {ese} 5K of the little blighters
[14:08] {Will49} i wanna be like you when i grow up
[14:08] {Will49} or Vad
[14:08] {RonS} lol...#Facebook COO Sandberg admits that the advertising experience on Facebook for clients is “complicated”
[14:09] {nemo} they're making this up as they go along
[14:09] {RonS} guy taking tips from my wife?
[14:09] {ese} and it's still going up
[14:10] {nemo} mmmhhhh....think cam might be long here, although it drops the low it's short to the whole
[14:10] {dolores} I never look at any adds in FB
[14:11] {dolores} but well organized is millions of viewers
01[14:11] {Threei}  it's like a big party...
01[14:11] {Threei}  who wants a businessman running around with his cards and promos during party?
01[14:12] {Threei}  everyone shows his vacation photos
[14:12] {dolores} yes you are right
01[14:12] {Threei}  shares his movies experiwence
01[14:12] {Threei}  talks about games'
01[14:12] {Threei}  place
01[14:12] {Threei}  etc
[14:12] {Will49} bet that90% FB users are under 16
01[14:13] {Threei}  business feels foreign if not outright hostile in there
[14:13] {RonS} don't think so...
[14:13] {Will49} Ok 80%
[14:13] {RonS} wife tracks all the relatives there...
[14:13] {dolores} dont think so
[14:13] {Will49} ok 70%
01[14:13] {Threei}  lol
[14:13] {dolores} there are a lot of groups with adults
[14:13] {cipher} out actg .70 +.65
[14:13] {RonS} wtg
[14:14] {dolores} I use it a lot for promotion
01[14:14] {Threei}  nice
[14:14] {dolores} and it helps
[14:14] {dolores} for free
01[14:15] {Threei}  I am looking at the right column right now
01[14:15] {Threei}  recommended pages:
01[14:16] {Threei}  I "heart" Hockey
01[14:16] {Threei}  how did FB arrive to conclusion I may like it, beyond me
01[14:16] {Threei}  next is "Bliss Boutique"
01[14:16] {Threei}  scared to even think what that is
[14:16] {RonS} 3i dcc por favor
01[14:16] {Threei}  the Sponsored:
01[14:16] {Threei}  something in Chinese
01[14:17] {Threei}  then Get out of debt today
01[14:18] {Threei}  Lifelike Animal Tees
[14:18] {dolores} ha ha we could have gon in at .70 while we discussed it and make 30 cents !!
01[14:18] {Threei}  so far, total miss
[14:18] {dolores} 20
[14:20] {ese} well gentlemen.......i'm about done for the day....pleasure doing business with you all....take care cya tomorrow
01[14:20] {Threei}  take care ese
[14:20] {dolores} bye ese
[14:20] {ese} vad D
[14:20] {Will49} ESE:)
[14:20] {RonS} hasta la vista ese
[14:21] {nemo} iwm worth a try over .90
01[14:21] {Threei} Short Setup: FCX  .85 break
01[14:21] {Threei}  If holds  .90 
01[14:22] {Threei}  if goes over .90, let's short recross of it if holds .95
[14:24] {nemo} l .91
[14:24] {nemo} tna
[14:24] {cipher} actg reload .35
[14:24] {nemo} stop under partialed .08
[14:25] {nemo} stop under .90
01[14:25] {Threei}  (ES) Madrid region finance office said to be considering tapping regions rescue fund **REMINDER: In recent weeks, reports have indicated that Catalonia, Castilla La Mancha, the Balerics, the Canary Islands, Andalucia are all considering asking for funds. - Follow up: Spain Budget Minister Montoro notes that Spain will implement debt ceilings for certain regions
[14:27] {cipher} out actg .54 +.19
[14:27] {dolores} FCX triggered'
[14:27] {dolores} ¿?
01[14:27] {Threei}  .85, no
01[14:28] {Threei}  recross of .90, kind of
[14:28] {dolores}  you short?
01[14:28] {Threei}  but it all happened in so hectic way, highly discretiaonary trade
[14:28] {dolores} ok
01[14:29] {Threei}  jumps up and down with no clear pattern
01[14:29] {Threei}  US President Obama tells Congress he has ordered additional sanctions on Iran's oil and financial sectors
01[14:29] {Threei}  Iran: more sanctions?? noooo
[14:29] {dolores} yes there is  alarge offer 33.95
[14:29] {dolores} wonder if its real
01[14:30] {Threei}  if it holds, I think .90 is better short trigger now
[14:30] {nemo} stop under the whole
[14:30] {dolores} with market almost green it will follow the market
[14:31] {dolores} yes
[14:31] {RonS} 3i dcc please...
[14:32] {dino} cipher gj actg
01[14:32] {Threei}  I answered ron
01[14:32] {Threei}  you don't see my answer?
[14:33] {RonS} lol...thanks
01[14:33] {Threei}  :)
[14:36] {dptl} got to go....see ya tomorrow
[14:36] {Will49} take care dp
[14:42] {nemo} s cie .85
[14:42] {nemo} stop above .90
[14:48] {nemo} whoa
[14:48] {nemo} bids dropped out
[14:48] {dolores} wow nice trade nemo
[14:48] {dolores} saved by 2 cents the stop
[14:49] {RonS} dnb nuts
01[14:49] {Threei}  good one
[14:50] {RonS} guess its halted...
[14:50] {nemo} partial .66
[14:50] {nemo} stop to .80
01[14:52] {Threei}  yes ron
01[14:52] {Threei}  hired bank to explore company sale
[14:54] {dolores} halted on news or circuit breaker?
[14:54] {dino} resumed
01[14:54] {Threei}  breaker
[14:54] {RonS} ropb circuit...went +10% in a second
01[14:54] {Threei}  news is out
[14:55] {dino} buyout?
01[14:55] {Threei}  [14:52] {Threei} hired bank to explore company sale
[14:55] {thomcbell} talk tomorrow guys
01[14:55] {Threei}  take care tbell
[14:55] {dino} ty
[14:56] {dino} cya tbell
[14:56] {dolores} they can take it to 84 
[14:56] {Will49} sorry...what stock you guys talking about?
[14:56] {dino} 86 in march
[14:56] {nemo} stop is above .70
[14:56] {dolores} DNB
[14:56] {Will49} tks
[14:57] {dino} vsm s .00
[14:57] {RonS} which dollar? lol
[14:57] {nemo} s clf .49
[14:57] {nemo} stop above .60
01[14:57] {Threei}  covering half FCX
[14:58] {dino} cov dnb 35, +.65
[14:59] {nemo} bidding .40 for got it
[14:59] {nemo} partial
[14:59] {dino} vsm s .11
01[14:59] {Threei}  out in full
01[14:59] {Threei}  whew... finally
01[15:00] {Threei}  took its sweet time but worked nicely
[15:00] {dino} cov dnb .77, +1.44
01[15:00] {Threei}  wtg
[15:00] {nemo} partialed cie .46
[15:00] {nemo} stop above .60
[15:01] {nemo} partialed .28 clf
[15:01] {dino} ty
01[15:01] {Threei}  killing it
[15:01] {nemo} not sure where the stop is there, .40ish
[15:01] {dino} just lucky day
[15:01] {nemo} hate it when he says that
01[15:02] {Threei}  well, you know how our room operates
01[15:02] {Threei}  the more you hate something the more we do it
[15:02] {dino} thats why i say it
[15:03] {dino} does it go to vwap at 76.86?
[15:03] {nemo} stp[ tp /5- coe
[15:03] {nemo} stop to .50 cie
[15:04] {nemo} stop to .30 clf
[15:06] {dino} dnb vsm s .78
[15:07] {dino} mgln drop
[15:07] {nemo} out cie .11
[15:07] {RonS} great job
[15:08] {nemo} ty, could go lower but this market hasn't been rewarding long term holds
[15:08] {nemo} and I figure the whole could get interesting
[15:08] {dino} cov dnb .68, +.10
[15:08] {RonS} you suck
[15:08] {RonS} oops
[15:08] {nemo} well I've been sheep dipped
[15:09] {RonS} :)
[15:09] {nemo} nope looks like that might have been it
[15:09] {dino} mgln news?
[15:10] {RonS} had been takeover rumors...now, maybe not, eh?
[15:10] {dino} vsm l .25
01[15:11] {Threei}  MGLN Ticks lower following cautious mention on M&A blog
[15:12] {dino} stopped -.44
[15:13] {RonS} ...say you are unlucky so nemo can love you...
[15:13] {RonS} :D
[15:13] {nemo} not falling for it
[15:13] {Will49} eeeewww
[15:14] {RonS} lol
[15:14] {dino} unlucky
[15:15] {nemo} .25 stop clf
[15:15] {RonS} ;)
[15:16] {dolores} palyed 
[15:16] {dolores} reversed CIE
[15:16] {dolores} stopped mw too soon+
[15:17] {dino} 47.43 area whee jump started few wks ago
[15:18] {nemo} short small cstr .69
[15:18] {nemo} stop .80ish
[15:22] {nemo} cstr could get to .30ish
[15:22] {nemo} dino put the plug back in
[15:23] {dino} ?
[15:23] {dino} ohh i get it
[15:23] {dino} you froze that one
[15:25] {nemo} I'm out
[15:28] {dino} dnb sm s .50
[15:29] {dino} cov .20, +.30
[15:43] {dino} wow dnb gave back 6 pts
[15:44] {RonS} the wow was the spike up...who would pay up for that co...
01[15:46] {Threei}  83.20 buyer takes long road home
[15:47] {dino} good point ron
[15:53] {dolores} ok guys take care see you tomorrow thxs
[15:53] {dolores} thxs VAD
[15:53] {Will49} bye D
01[15:54] {Threei}  thank you all
01[15:54] {Threei}  have a good evening
01[15:54] {Threei}  see you tomorrow
[15:54] {scottie} gn
[15:58] {dino} thx all for ideas. gn
01[16:00] {Threei}  wow