Session Time: Mon Aug 13 00:00:00 2012
[09:05] {dino} gm
[09:05] {Threei} morning dino
[09:08] {ese} morning
[09:09] {Threei} ese
[09:09] {Threei} :)
[09:09] {ese} out sina .53.27 +1.25
[09:09] {jackharry} good morning
[09:09] {Threei} jack :)
[09:09] {ese} vad jack dino
[09:10] {ese} 600 shs of it
[09:10] {ese} nice way to start the day
[09:11] {dino} gj
[09:11] {ese} tks.....
[09:12] {scottie} gm
[09:12] {ese} dino...you ever golfed Kiawah Island
[09:12] {ese} scottie
[09:12] {dino} no
[09:12] {Threei} scottie :)
[09:14] {ese} awesome PGA tournament last week.....McIlroy unbelievable
[09:15] {cipher} morning
[09:15] {ese} C
[09:15] {Threei} cipher :)
[09:18] {jackharry} McIlroy lives about a mile away from me
[09:18] {jackharry} Well, when he's here, obviously in the US playing golf quite a bit of the time
[09:19] {Will49} GM
[09:20] {ese} wow
[09:20] {ese} ever meet him...fabulous kid
[09:20] {ese} down to earth
[09:21] {dolores} hello GM
[09:21] {ese} D
[09:21] {ese} wll
[09:21] {ese} will
[09:22] {Threei} will, dolores :)
[09:22] {ese} will you a golfer?..........
[09:22] {Threei} guys, quick bragging about some unique shots I got this weekend
[09:22] {Threei} http://photography.realitytrader.com/2012/08/perseid-meteor-shower.html
[09:22] {ese} ha ha
[09:23] {Threei} well, maybe not so unique... but not your everyday snapshot either
[09:23] {jackharry} ese... no never met him
[09:23] {ese} Esquimalt Lagoon vad?
[09:23] {Threei} Sidney
[09:24] {ese} he needs to buy you a beer Jack
[09:24] {Threei} market looks encouragingly negative
[09:24] {jackharry} I think so
[09:24] {Beau} good morning all
[09:25] {Threei} beau :)
[09:25] {jackharry} With him playing full time in the US Tour now, he has a place in Florida, not sure how much time he spends here now
[09:25] {Threei} if we get opening range .10 - .20 on FCX, looking for short trigger
[09:28] {ese} Is he actually full time US tour?......didn't know that
[09:29] {jackharry} yes, think so, moved from European Tour a year or two back I think
[09:31] {dolores} IS DOW - 327'
[09:31] {dolores} OR MY CHART IS CRAZY
[09:31] {nemo} no
[09:31] {jackharry} no, down 27
[09:31] {nemo} or you are
[09:31] {dolores} will reload
[09:33] {Threei} Long Setup: LVS .80 break hl
[09:33] {Threei} If holds .70
[09:33] {Threei} Short Setup: FCX .15 break hl
[09:33] {Threei} If holds .25
[09:34] {Threei} ugh, late
[09:34] {Threei} second chance maybe coming
[09:35] {Threei} Invalidated LVS
[09:35] {Threei} FCX valid again, same setup
[09:35] {Threei} same stop
[09:36] {Threei} target 1:2
[09:36] {scottie} missed it
[09:37] {Threei} it went to .17...
[09:37] {Threei} 1:1
[09:37] {scottie} waited for recross at .14
[09:37] {scottie} went too fast
[09:37] {nemo} l tna .75 break
[09:37] {Threei} LVS was two-sided, in retrospect
[09:38] {nemo} stop under .68
[09:38] {dptl} gm
[09:38] {Threei} dp :)
[09:39] {nemo} offer .85
[09:39] {Threei} Long Setup: GET .20 break hl
[09:40] {Threei} If holds .10
[09:41] {dolores} FCX missed it still a short?
[09:41] {Threei} not as a new trade
[09:42] {dolores} ok
[09:43] {Threei} change GET to .10 break
[09:43] {Threei} If holds .05
[09:44] {Threei} target .45 - .50
[09:45] {Threei} if takes this .15 - .20 zone, should proceed right up there
[09:46] {thomcbell} crm looks like a long on a break here
[09:46] {thomcbell} maybe for 1/2 or 1/3 lot
[09:47] {thomcbell} stop is a mile wide
[09:48] {Threei} Long Setup: EL .66 hl
[09:48] {Threei} If holds .50
[09:49] {Threei} target .90 - 56
[09:49] {nemo} wow, when does tna tade this slowly
[09:49] {Threei} that was one decisive break
[09:50] {nemo} sheesh, give me frickin' 1:1
[09:51] {Threei} come on GET, take this .15 finally
[09:51] {Threei} nice 40 cents potential
[09:52] {_napolm01} i know fiesty
[09:53] {nemo} finally
[09:53] {cipher} tna l.72
06[09:56] * Threei kicks EL and GET in the rear
[09:57] {nemo} fdo l .31, stop under .20
[09:58] {Threei} things stalled as if it were noon already
[09:58] {nemo} Monday computers not back from the Hamptons til tomorrow
[09:59] {Threei} ah
[09:59] {cipher} tna stopped .60 -.12
[09:59] {nemo} thinking nflx bounce here
[10:00] {_napolm01} i got my iron boot out
[10:00] {Threei} we may need it
[10:00] {dolores} that was fast out get?
[10:01] {Threei} electrocharged sharp stick may help too
[10:01] {nemo} depends on where you place it
[10:01] {dolores} .05
[10:01] {cipher} nflx l.66
[10:01] {Threei} wasn't it out of bounds print?
[10:02] {Threei} I didn't see it going under .05 on level 2
[10:02] {dolores} no
[10:02] {dolores} too fast
[10:02] {dolores} I was out when saw .05
[10:02] {dolores} at .11
[10:02] {Threei} ok, out
[10:03] {dolores} mental stop
[10:03] {nemo} looking for mlnx bounce to short
[10:03] {nemo} Cipher Dino Ron your kinda' stock
[10:04] {nemo} crisakes 63.399 for high in FDO
[10:05] {nemo} waiting at .40, probably should offer .39
[10:05] {nemo} This is a David Bowie market
[10:06] {nemo} short .58 mlnx
[10:06] {nemo} whoa
[10:06] {Threei} eye of the storm
[10:06] {nemo} partial .20
[10:06] {nemo} wow
[10:06] {nemo} that was quick
[10:06] {Threei} just wait till Europe comes to resolution... you will think of this calm as of heaven :)
[10:06] {nemo} stop to b/e
[10:07] {nemo} lotsa red
[10:07] {nemo} scratching fdo
[10:07] {nemo} .35
[10:07] {Will49} David Bowie is bleeding
[10:07] {dolores} still in El stop .49'
[10:07] {dolores} ?
[10:07] {Threei} yes
[10:07] {Threei} not likely to work
[10:08] {Threei} something tripped the market
[10:08] {nemo} out mlnx
[10:08] {nemo} sheesh
[10:08] {Threei} no news
[10:09] {nemo} damn shouldn't have scratched fdo
[10:10] {nemo} short cvs .65
[10:10] {dino} schn going for gap
[10:10] {nemo} stop above .70
[10:11] {nemo} wow mlnx, should have held a bigger stop
[10:12] {Threei} Long Setup: FCX .20 break
[10:14] {Threei} change to .15
[10:14] {Threei} If holds ,.10
[10:15] {Threei} change to .10 break
[10:15] {Threei} If holds 36
[10:16] {Threei} last modifcation
[10:16] {Threei} if loses 36, no setup
[10:17] {nemo} l tna .12
[10:17] {Threei} band is really overstretched
[10:17] {nemo} stop under .04ish
[10:17] {Threei} in aggressively
[10:17] {Threei} stop under 36
[10:18] {nemo} offerin g.22
[10:18] {dolores} in now or .10?
[10:18] {Threei} degree of aggressiveness is personal decision
[10:18] {Threei} trigger is .10
[10:18] {dolores} ok
[10:18] {Threei} target .35
[10:18] {thomcbell} what a circus
[10:19] {thomcbell} lol
[10:19] {nemo} bidding .55 cvs
[10:19] {thomcbell} market not you Vad -
[10:19] {thomcbell} :)
[10:19] {Threei} lol
[10:19] {nemo} thom.....
[10:19] {nemo} this...
[10:19] {nemo} is...
[10:19] {nemo} an...
[10:19] {nemo} ASYLUM!!!
[10:20] {thomcbell} seriously - ive got my size down to 20% normal
[10:20] {nemo} hate that word
[10:20] {thomcbell} normal?
[10:20] {Threei} Invalidated
[10:20] {Threei} suddenly complacency evaporated from the market
[10:22] {ese} L aig .65
[10:23] {nemo} phewww cvs
[10:23] {nemo} stop to .65
[10:23] {nemo} scratching tna
[10:24] {ese} aig
[10:24] {Threei} - Central bank emergency funding to Greece banks at �106.3B v �62B m/m
[10:24] {Threei} black hole deepens
[10:25] {Threei} what the deuce
[10:25] {Will49} David Bowie disapproves
[10:25] {Threei} who knows what
[10:26] {ese} aig monday aug13: hilarious story.RPT-FEATURE-Africa's pirates have demands - and letterhead, too
[10:27] {dino} cov cvs .53, +.12 ty nemo
[10:27] {ese} from reuters.com
[10:28] {nemo} ;-)
[10:28] {Threei} Short Setup: KVS .55 break
[10:28] {Threei} LVS
[10:29] {Threei} If holds .60
[10:30] {Threei} NYSE volume 105M shares, about 35% below its three-month average
[10:30] {Threei} NASDAQ volume 325M shares, about 11% below its three-month average
[10:31] {Threei} 105 mil... it's like we are back under that cottonwood tree
[10:31] {nemo} moving stop down to .60ish cvs
[10:32] {nemo} bidding .46 cvs
[10:34] {nemo} mmmhhhhh...no bird today
[10:34] {nemo} oh shit...I'm out of wine
[10:35] {nemo} o.k. go .46
[10:35] {nemo} stop to .56
[10:35] {Threei} 1:1
[10:35] {Threei} half out
[10:35] {Threei} stop to .56
[10:36] {nemo} best guess, spy gets to .13ish and iwm to .06ish for bounce
[10:36] {nemo} give or take a couple of basis points ;-)
[10:36] {nemo} sometimes I'm just so full of shit
[10:37] {Threei} ummmmm
[10:37] {scottie} sometimes?
[10:37] {nemo} apol might be bounce area
[10:37] {nemo} some more than others
[10:37] {Threei} lord give me strength not to ask "sometimes?"
[10:37] {nemo} to paraphrase Orwell
[10:38] {nemo} btw...it's poor sportsmanship and a vulgar display of lack of expertise to attempt insult when I serve it up to you
[10:38] {nemo} You must attack when the opponent does not realize they are open
[10:38] {dino} 1394 gap
[10:39] {Threei} do I hear that from the same guy who pronounced 3 times per day that wyhen someone's chin is... ah, never mind
[10:39] {nemo} iwm looks long, spy iffy I would prefer they reach closer to those levels before buying
[10:40] {cipher} AAPL L .75
[10:40] {ese} wow nemo......never seen you leave yourself open like that...........
[10:41] {nemo} it's a feint
[10:42] {nemo} ahh well, too conservative on spy iwm
[10:43] {dino} schn sm l .35
[10:43] {cipher} out 1/2 aapl .39
[10:44] {dino} gj
[10:45] {cipher} out rest aapl .70 +.95
[10:48] {cipher} aapl reload .21
[10:48] {cipher} out .47
[10:49] {nemo} out last cvs
[10:49] {dino} nice
[10:49] {ese} vad....weekly aig......cup and handle? thats what i was looking at when i bought at .65......last weeks high .69
[10:49] {nemo} watch this have been too tight
[10:50] {Threei} yes... but it requires bull to continue
[10:50] {ese} theoretically should wait for 35.01 but am going with the aggressive entry
[10:50] {Threei} and today it at least takes a breather
[10:51] {ese} tks
[10:51] {nemo} ok iwm in the area
[10:51] {Threei} these sudden bouts of selling do not look technical to me
[10:52] {Threei} (DE) New Lawsuit has been filed in Germany related to the ESM which could delay constitutional court ruling - Germany press
[10:52] {Threei} there
[10:52] {Threei} finally we know what triggered this fear return
[10:57] {Threei} LVS 1:2, 1/4 more out
[10:59] {Threei} give me 1:3 LVS, at least I'll have justification for waking up
[11:02] {Threei} markwet breakdown is coming
[11:04] {Threei} 1:3
[11:04] {Threei} my a$$ is out
[11:05] {Threei} don't tell me no one took this one
[11:06] {Threei} easiest trade of the day
[11:06] {scottie} did't fill my order at .54
[11:06] {scottie} :s
[11:06] {Will49} got .18 but bailed too soon
[11:06] {Threei} it came back for second chance
[11:07] {nemo} l tna .90 small
[11:07] {cipher} DITTO
[11:07] {cipher} tna
[11:07] {nemo} stop .85ish
[11:09] {scottie} your stop was at .60, so I figured that, when it went down to .46, I shoudn't re-enter
[11:09] {nemo} playing spy holding 140, if not 139.96 is WS1
[11:09] {cipher} l aapl .30
[11:10] {nemo} partialled .00
[11:11] {dolores} TSo trying to break out
[11:12] {cipher} 1/2 tna .04 +.14
[11:12] {Threei} visual http://goo.gl/fND5W
[11:18] {nemo} partialed .10
[11:19] {nemo} stop b/e
[11:19] {RonS} trip fall
[11:19] {nemo} rim shot ese
[11:20] {nemo} mmmhhhhh...cvs looks long
[11:23] {cipher} meli l .30
[11:23] {cipher} out .55
[11:26] {cipher} out rest tna .20 +.30
[11:28] {cipher} out aapl .00 +.70
[11:29] {Threei} The S&P500 is pushing out to session lows as of writing, following German press reports that a new lawsuit has been filed in Germany that could further delay the German Constitutional Court ruling on the legality of the ESM and the fiscal union.
[11:32] {nemo} stop under .10 for tna
[11:33] {dino} cipher you're on fire
[11:36] {dolores} TSO stopped me out and now flying
[11:43] {nemo} Think tna could get to iwm vwap and spy vwap, but we should be getting a slam down soon
[11:44] {Threei} Short Setup: FCX .60 brezk
[11:44] {Threei} If holds .70
[11:44] {nemo} stop is .20ish now
[11:52] {Threei} my target is 1:3 for FCX
[11:52] {Threei} got this feeling in my stomach that today's selling is far from over
[11:53] {Threei} could be just gas of course
[11:55] {Threei} in case I fall asleep, play it by the book
[11:56] {Threei} stop above .70; if moves down, 3 partials with stop trail
[12:04] {ese} aig.........DOOOOOOOO ITTTTTTTTT!!!!!!!!!
[12:06] {ese} damn.....i'm such an idiot.......if i'd had done this correctly.....i'd have gotten in .03 cents cheaper.........what a goof I am
[12:06] {nemo} glad you finally realized it
[12:06] {ese} lol
[12:16] {Threei} FCX new low while SPY tries to bounce... so far so good
[12:16] {Threei} just need the bounce to fail
[12:19] {nemo} I've got this low as a retracement and that bottom on the 15 min.
[12:22] {nemo} 3 and 15 minute charts indexes looking long
[12:24] {ese} will..........what were you long in.....lvs?
[12:24] {Will49} Yes
[12:25] {ese} nice one
[12:25] {ese} 5000 shs?
[12:25] {ese} 10K maybe?
[12:26] {ese} no answer.....wow more than that huh
[12:26] {dino} mktx sm l .51
[12:26] {Will49} Just simulating. Based on 200 shares. Real money next week
[12:27] {Will49} Being very careful to follow vad's instructions for babes in the woods
[12:27] {ese} good job........
[12:27] {Will49} tks
[12:28] {Will49} all you guys are an inspiration
[12:28] {Will49} except nemo
[12:30] {dino} lol
[12:30] {ese} lol
[12:33] {cc_8} LOL
[12:35] {Threei} ahha
[12:35] {Threei} line of attack on Ryan cleared up
[12:35] {Threei} he is Ayn Rand fan
[12:36] {Threei} For years, his newly minted running mate has championed Rand... Rand celebrated greed and selfishness, rejected Judeo-Christian morality, and set forth an alien vision of a nearly government-free America that would be ruled by its industrialists and bankers -- an untaxed super-rich elite.
[12:37] {dino} cool
[12:37] {ese} where do I sign up?
[12:38] {ese} hmmmmmmm wait a minute........thats what you told me before I signed up for reality trader
[12:38] {Threei} amazing that that's all they see in Rand's writing
[12:39] {Threei} whatever... this country goes to peices anyway
[12:39] {ese} not so amazing.....i'm following you and nemo blindly
[12:39] {Threei} lol
[12:41] {Will49} lemmings all
[12:43] {ese} yup
[12:45] {dino} zzzzzzzzzzzzzzzzzzzzzzzzz
[12:48] {dino} out mktx .86 ave +.35
[12:48] {Threei} wtg
[12:49] {dino} ty
[13:04] {Threei} Short Setup: FMCN .30 break hl
[13:05] {Threei} If holds .35
[13:09] {Threei} no go
[13:09] {nemo} here's the indexes:http://www.freestockcharts.com?emailChartID=f92e1d44-6433-48a0-ae85-5139e703c6a3
[13:12] {Threei} 1:1 FCX
[13:12] {Threei} finally
[13:12] {nemo} argument can be made for tso short under .70
[13:12] {dptl} coh .80 long if holds .70
[13:12] {scottie} half out .49
[13:14] {Threei} ultimate exercise in patience
[13:14] {Threei} hour and a half for 1:1
[13:15] {nemo} stop above .75
[13:15] {Threei} and this is FCX, anything but immobile stock
[13:16] {Threei} tells you all you need to know about August market
[13:16] {nemo} no...
[13:16] {nemo} ultimate exercise in patience is allowing Les in the room
[13:19] {ese} I see les's name mentioned.......has he been around
[13:20] {nemo} he haunts me on skype
[13:20] {Threei} good... you deserve this
[13:20] {nemo} meso dactyl Vad
[13:21] {Threei} new low FCX
[13:21] {ese} thats cool nemo......hows he doin......how are things in switzerland
[13:21] {Threei} eyeing 1:2
[13:22] {nemo} Idyllic ignorant bliss
[13:23] {ese} tell him he needs to send us a picture of his house......wanna see this pad
[13:23] {nemo} bidding .61 tso
[13:23] {dptl} stop to .74 coh
[13:23] {nemo} cool risk covered
[13:24] {nemo} stop above .75 still, but....free trade
[13:29] {dptl} half out coh
[13:29] {nemo} this is looking better
[13:29] {Threei} nice move COH, dp
[13:30] {dptl} stop to .79 ty
[13:31] {Threei} 1:2 FCX
[13:31] {Threei} 1/4 more out
[13:31] {scottie} out in full .39 +20 ty Vad
[13:31] {nemo} my stop is .55ish
[13:33] {dptl} stopped second half coh
[13:38] {nemo} bidding .31 for 1/4 more
[13:39] {jackharry} out FCX at .37 on a tight trail, thank you
[13:40] {Threei} :)
[13:44] {nemo} market up tso dropping...market stalls uot tso could be a broken elevator down
[13:44] {nemo} .01 more frickin penny
[13:47] {nemo} o.k. I feel better
[13:47] {nemo} watching .45ish area for stop
[13:49] {nemo} out last .49
[14:09] {ese} zzzzzzzzzzzzzzzzzzzzz.....aaaaaaaaaaaaa.........zzzzzzzzzzzzz.....iiiiiiiiiiiiiiiiiiiiii.........zzzzzzzzzzzzzzzzzz.......ggggggggggggggg................zzzzzzzzzzzzzzzzzzzzzzz
[14:10] {dino} zzzzzzzzzzzzzzzzzzz
[14:10] {nemo} so..your normal states of consciousness
[14:10] {ese} gak.......................ah hem....................i just had a dream that I was in aig......and it was going up
[14:10] {nemo} spy at vwap, looks like it might flatten out here
[14:11] {ese} ohblivious to the world nemo
[14:11] {nemo} wpp is 140.44
[14:12] {dino} ebay spike
[14:12] {dino} sm s .98
[14:17] {dino} ebay to flat
[14:18] {dino} out
[14:22] {Threei} oh boy
[14:22] {Threei} GROSS: Do bond markets take heart from Ryan selection? Not me. He talks lower deficits but really believes in lower taxes � exact opposite.
[14:23] {Threei} seriously? raising taxes is the only way to lower deficits?
[14:23] {Threei} am I still on this frikin planet?
[14:25] {nemo} I don't know Lord Vader
[14:25] {nemo} this market cracks me up, they took it down to create some range...tested the 140 area (barely) on spy, and then turned around
[14:27] {ese} ok ...thats a good one.......lord VADer...............lol
[14:27] {nemo} OK we won't shoot the piano player, but the drummer...that's another story
[14:27] {Threei} lol
[14:28] {ese} lol
[14:29] {dino} took all day but out schn .80,
[14:29] {dino} +.45
[14:33] {ese} nice dino......you now catch that helicopter ride over to Kiawah to get a round of golf in
[14:35] {dptl} got to go...see ya tomorrow all
[14:35] {Threei} take care dp
[14:36] {dino} lol ese, perhaps some day...
[14:36] {dino} cya dp
[14:38] {ese} cya dp
[14:44] {ese} out aig .11 +.46
[14:45] {Will49} AWright ese
[14:47] {ese} tk you
[14:47] {dino} gj
[14:49] {ese} godd for me for the ladies and gents................i'm with dp...cya tomorrow
[14:49] {ese} good
[14:49] {Threei} take care ese
[14:49] {ese} cya vad
[15:05] {dolores} are we going green vad?
[15:05] {Threei} 50/50
[15:05] {Threei} anyone's guess
[15:06] {Threei} I am fairly happy with today's trades but want to find one more
[15:15] {Threei} Short Setup: COH .90 break
[15:15] {Threei} .80, sorry
[15:15] {Threei} If holds .90
[15:26] {Threei} no go
[15:29] {Threei} Short Setup: CAT .30 break
[15:30] {Threei} If holds .40
[15:31] {Threei} Invalidated
[15:36] {Threei} Long Setup: FCX .50 break
[15:39] {nemo} spy higher lows on 15 minute chart, probably not today, but break coming
[15:49] {Threei} time's running out
[15:51] {dino} calling it a day, thx all
[15:51] {Threei} me too
[15:51] {dolores} me too thxs VAD
[15:51] {Threei} another august day
[15:51] {dolores} see you tomorrow guys
[15:51] {Threei} thank you all, have a good evening
[15:51] {Will49} oh well
[15:51] {scottie} good night everyone, see you tomorrow
[15:51] {dolores} take care
[15:51] {Threei} see you tomorrow