Session Start: Mon Aug 20 08:24:21 2012
Session Ident: #discussions
[08:24] * Now talking in #discussions
[09:02] {jackharry} good morning
01[09:03] {Threei} motning jack
[09:05] {cipher} gm
01[09:09] {Threei} cipher :)
01[09:09] {Threei} (DE) German Bundesbank Monthly Report: Remain critical of ECB bond buying as it comes with considerable risks to stability- Govt and NOT the ECB should decide on sharing solvency risks - Govt solvency must not be shared via the ESM bank aid - Unified banking regulator could be key to stability - Inflation environment to darken over Euro and raw material costs - German growth may be hit harder by Eurozone crisis from Q3 period but does not see downturn for German economic growth cycle.
01[09:09] {Threei} e
01[09:10] {Threei} (EU) ECB responds to German press report on possible intervention: Bond yield targets have not been discussed by council; absolutely misleading to report on decisions not yet taken - Governing Council will act strictly within its mandate and wrong to speculate on the shape of future ECB interventions
[09:11] {scottie} gm
01[09:11] {Threei} scottie :)
01[09:11] {Threei} Euro vs US Dollar Euro at session lows of 1.2305 after ECB response to bond cap speculation
[09:17] {thomcbell} lvs
[09:18] {thomcbell} has become quite the "up" stock
[09:19] {RonS} heard sterne agee came with report that said macau gaming rev may break records for aug...
[09:19] {Will49} Good morning guys :)
[09:19] {RonS} gm btw
01[09:20] {Threei} ron, will :)
[09:20] {Beau} good morning all
01[09:20] {Threei} ron, thank for the recomendation, quite enjoyable couple hours
01[09:20] {Threei} beau :)
[09:21] {RonS} yw, glad you enjoyed it...amazing they made it for $40mil
01[09:21] {Threei} 1/10 of what Hollywood'd spent on it
[09:21] {RonS} yep
[09:23] {thomcbell} what was it guys?
01[09:24] {Threei} the good, the bad and the weird
01[09:24] {Threei} oriental western :)
[09:24] {thomcbell} cool
01[09:26] {Threei} only if you don't mind subtitles, there is no voiceover
[09:26] {thomcbell} yes - some of my favorite films are subtitled
01[09:29] {Threei} Germany's Vauder: Greeks �must answer the question: �Should we maybe try a little harder, or should we leave the euro?�
[09:30] {nemo} cya lvs
01[09:30] {Threei} Long Setup: FCX .05 break hl
01[09:31] {Threei} late
01[09:31] {Threei} second chance, if holds 35
[09:31] * Retrieving #discussions modes...
01[09:32] {Threei} half out
01[09:32] {Threei} 1/4 more out
[09:32] {scottie} +.10 great call ty Vad
01[09:32] {Threei} :)
01[09:32] {Threei} was very nice of it to pick us up
[09:32] {Will49} nice start
[09:32] {scottie} Great way to start the day
01[09:34] {Threei} Short Setup: LVS .20 break hl
01[09:34] {Threei} If holds .30
01[09:34] {Threei} 1:1
[09:35] {dolores} hello GM
01[09:35] {Threei} dolores :)
01[09:36] {Threei} Long Setup: CVH .60 break
01[09:36] {Threei} hl
01[09:36] {Threei} If holds .50
[09:36] {dptl} gm
01[09:36] {Threei} dp :)
01[09:37] {Threei} target 1:3
01[09:38] {Threei} LVS desrved second shot, but was too fast
01[09:38] {Threei} come on CVH, 1 cent shy of 1:1?
01[09:40] {Threei} Short Setup: FCX .90 break
01[09:41] {Threei} If holds 35
01[09:43] {Threei} no go
01[09:45] {Threei} 1:1 CVH
01[09:45] {Threei} (DE) German Foreign Min Westerwelle: Reiterates Germany wants the Euro zone to stay together; Sees no substantial softening of Greece bailout terms - Greek aid decision must be Troika based
01[09:46] {Threei} Long Setup: LVS .35 break
01[09:46] {Threei} If holds .25
01[09:47] {Threei} target 1:2
01[09:48] {Threei} SPY tripped over something
01[09:48] {Threei} not good
01[09:48] {Threei} just when LVS started breaking
01[09:52] {Threei} Long Setup: NYX 26 break
[09:53] {nemo} jpm moving up
[09:53] {nemo} OMG the market is down
01[09:53] {Threei} not for long I suspect
01[09:57] {Threei} what's with sudden turns
01[09:58] {Threei} wow
01[09:59] {Threei} let's scratch NYX
[09:59] {RonS} dino ese have a big party and not invite us?
01[09:59] {Threei} I guess
01[09:59] {Threei} no news yet
[10:00] {thomcbell} lvs impressive
[10:00] {nemo} http://nooooooooooooooo.com/
01[10:00] {Threei} lol
01[10:01] {Threei} btw, interesting twist over this weekend:
01[10:01] {Threei} a few sources reported that Germany sees salvation in Finland,
01[10:02] {Threei} wanting out of EU but not being able to be the first to exit, it see Finland as best candidate to exit first, which opens the door for Germany
01[10:03] {Threei} up to some alluding that there may be behind the closed doors negotiations encouraging Finland to do just that
[10:05] {dolores} sory was out for a moment
[10:05] {dolores} are we all clear?
01[10:05] {Threei} yes, no positions at the moment
[10:05] {dolores} thxs
01[10:05] {Threei} NYX perfect breakout chart but with market dropping like this...
01[10:07] {Threei} Long Setup: HD .10 break hl
01[10:08] {Threei} actually full lot
01[10:08] {Threei} with stop under .05
01[10:08] {Threei} target .25 - .30
[10:08] {cipher} in hd
01[10:08] {Threei} stop is temptingly tight not to try it
01[10:10] {Threei} .15 break should send it right up now
01[10:10] {Threei} half out .19
01[10:10] {Threei} stop to .09
[10:10] {cipher} ditto
[10:11] {nemo} spy breaks over .85 should be good
01[10:11] {Threei} offer 1/4 .26
[10:15] {nemo} http://twitpic.com/alqy08
[10:17] {scottie} lol
01[10:18] {Threei} lol
[10:19] {ese} ah ha................I actually got in
01[10:19] {Threei} hmmm
01[10:19] {Threei} why wouldn't you
[10:21] {nemo} I think bunny is in heat
[10:22] {ese} am not sure................accidentally pressed the return key when i was logging in...password wasn't quite correct....kicked me out.....ok......but then no matter how many times i tried it the right way......it just wouldn't let me in....so i waited
01[10:24] {Threei} darn scalpers, why do they win so often
[10:24] {nemo} look for bounce by iwm 80.82
[10:25] {nemo} spy .51
[10:25] {dino} hibb sm l .70
[10:25] {nemo} l tna .11
01[10:25] {Threei} Long Setup: CAT .30 break hl
01[10:25] {Threei} If holds .20
[10:26] {nemo} partialling .22
[10:26] {nemo} spy at resistance iwm resistance at .12
[10:27] {nemo} stop to .18
[10:27] {dino} elli?
[10:28] {ese} in .305
01[10:28] {Threei} no news
[10:29] {dino} thx can't find any either
01[10:29] {Threei} aug 2 the latest
[10:29] {dino} elli sm l .70
[10:29] {ese} ouuuuu out .37 +.07
[10:30] {nemo} sheesh
01[10:30] {Threei} 1:1
[10:30] {nemo} oh, look at this
[10:30] {nemo} was probably the bottom
[10:30] {thomcbell} lvs still constructive
[10:31] {nemo} at downward trend line
[10:32] {scottie} +.12 ty Vad
01[10:32] {Threei} :)
[10:33] {ese} nice one vad....and tks
01[10:33] {Threei} yw
[10:33] {cipher} ELLI +.45 thx dino
01[10:33] {Threei} nice ELLI entry dino
[10:34] {cipher} cat +.18 thx vad
[10:34] {nemo} Ellie Mae...too funny
01[10:34] {Threei} yw
[10:34] {dino} gj cipher
[10:35] {ese} L fslar .23
[10:35] {ese} fslr
[10:35] {nemo} DE
[10:36] {nemo} l .81
01[10:36] {Threei} 1:2, out
[10:36] {nemo} stop under .70
[10:36] {cipher} elli reload .00
[10:37] {nemo} partial .92
[10:38] {cipher} out 1/2 elli .20 +.20
[10:39] {nemo} looks good to .80
[10:39] {dino} vwap
[10:40] {dino} 20 aroung .50
[10:40] {cipher} 1/4 more elli +.32
[10:40] {ese} fslr out .36 +.13
[10:41] {dino} gj
[10:41] {ese} tks
[10:41] {cipher} out rest elli .40 +.40
01[10:42] {Threei} wtg
[10:42] {dino} gj
[10:42] {cipher} ty sir
[10:42] {scottie} pay s .60 ?
01[10:42] {Threei} I doubt it scottie
[10:42] {scottie} thanks
[10:42] {cipher} my day is fixed
[10:42] {cipher} started on the left foot this am
01[10:42] {Threei} that long tail a few min ago makes me uneasy about shorting it
01[10:44] {Threei} OK, I take it back
[10:44] {thomcbell} yes 3 tails on 10 min
01[10:44] {Threei} don't ever listen to me again
[10:44] {scottie} lol
[10:44] {cipher} dino still in elli?
01[10:44] {Threei} :)
01[10:44] {Threei} rarely have I been proven wrong so fast and so convincingly
01[10:44] {Threei} except when I argue with my wife of course
[10:44] {dino} out elli .61, +.91
[10:45] {thomcbell} elli i tried there at 26
[10:45] {thomcbell} dar n
[10:45] {thomcbell} wynn has given it up pretty good
[10:45] {cipher} I feel like a schmuck for selling at .40
[10:45] {dino} just got out cipher see above
[10:46] {cipher} WTG!
[10:46] {dino} ty
01[10:46] {Threei} Short Setup: KVS 43 break
01[10:46] {Threei} If holds .10
[10:46] {dino} nemo was right tho, .80s
[10:46] {cipher} yep gotta start listening to him
[10:46] {scottie} kvs?
[10:46] {nemo} [10:40] {nemo} looks good to .80
01[10:46] {Threei} LVS
[10:46] {dolores} LVS
[10:47] {nemo} hey dino, why did I say .80ish?
01[10:47] {Threei} cipher... while it may be profitable, do take care of your mental health if you do
[10:47] {thomcbell} looks like 1/2 lot if holdign 43.20?
[10:47] {cipher} lol
01[10:47] {Threei} Invalidated LVS
01[10:48] {Threei} let's keep an eye on it though, that 43 support is too good to break
[10:48] {thomcbell} dropped pretty fsat - i am looking at shorting a thrust up near 43.30 when it comes back thru 43.25
[10:48] {dino} vwap nemo
01[10:48] {Threei} or what btell says
[10:49] {thomcbell} btell kind of good might switch
01[10:49] {Threei} rofl
[10:49] {cipher} elli s .70
[10:51] {cipher} cov .34 +.36
[10:51] {dino} nice cipher
[10:51] {cipher} thx
[10:51] {cipher} shoulda flipped it at .34
[10:51] {cipher} darn
01[10:52] {Threei} look hoqw weak LVS is while SPY climbs
[10:53] {cipher} elli l.23
01[10:54] {Threei} Short Setup: LVS .05 break
01[10:54] {Threei} If holds .15
01[10:54] {Threei} aggressive entry for 43 break
[10:55] {thomcbell} like it
01[10:56] {Threei} needs to lose 43 to work of course, but 43 break may turn out to be hard to enter
[11:00] {scottie} +.10 ty Vad
01[11:00] {Threei} uh, don't scalp it
01[11:00] {Threei} it has more
01[11:00] {Threei} half out
[11:00] {cipher} elli stopped -.17
[11:00] {thomcbell} yes that pattern really became good there
01[11:01] {Threei} 1:2
[11:02] {Will49} Brilliant call Vad
[11:02] {thomcbell} GREAT Vad -
[11:02] {dino} cnc sm l .31
[11:03] {jackharry} LVS - had bid at .76!! out on trail at .87, so still nice trade, thanks
01[11:03] {Threei} :)
[11:03] {thomcbell} perfect - observation - execution and instructions
01[11:03] {Threei} one thing I regret though
01[11:04] {Threei} had this idea a few seconds too late
[11:04] {cipher} elli l .98
01[11:04] {Threei} taking second lot on 43 break with stop for both above .10
[11:04] {dino} elli sm l .98
[11:06] {dino} veco
01[11:07] {Threei} Long Setup: CAT .80 break
01[11:07] {Threei} If holds .70
[11:08] {dino} markets slowing down
01[11:09] {Threei} let's scratch CAT into this bounce
[11:09] {dino} hibb stop flat
[11:12] {cipher} +.26 cnc thx dino
[11:12] {dino} out cnc .72, +.41
[11:12] {thomcbell} gdx just had a nice up move
[11:13] {dino} yw cipher
[11:13] {dino} hibb db?
01[11:14] {Threei} if breaks .30 IMO
01[11:14] {Threei} while holdong .20
[11:14] {dino} thx
[11:17] {dolores} still some in LVS'
[11:17] {dolores} stop .10?
01[11:17] {Threei} no, trail to 43.01
[11:17] {dolores} ok
[11:19] {cipher} HIBB L .15
[11:20] {dino} acom drop
[11:21] {dino} hibb sm l .18
[11:25] {nemo} now, are we getting a bull flag on iwm?
01[11:25] {Threei} can't tell
01[11:26] {Threei} missed quite a few good ones this morning, catfish...
[11:26] {nemo} wtf...gdx
01[11:27] {Threei} Short Setup: GDX .40 break
01[11:27] {Threei} If holds .45
[11:28] {dino} cnc sm l .26
01[11:29] {Threei} half out
01[11:30] {Threei} stop to .41
[11:30] {_catfish} just my luck three;)
01[11:31] {Threei} ugh
01[11:31] {Threei} that was quite spectacular for a monday
01[11:31] {Threei} 1/4 more out
01[11:31] {Threei} .25
01[11:31] {Threei} bit last [iece at .19
01[11:31] {Threei} stop to .36
01[11:32] {Threei} bit? bid of course
[11:33] {dino} cnc stop -.24
[11:37] {nemo} love this...giving the bears hope
01[11:39] {Threei} {Bears} love this whole rally... giving bulls hope before the trap closes...
01[11:39] {Threei} {G}
[11:39] {nemo} UA two way
[11:41] {nemo} http://www.michigancapitolconfidential.com/17404
[11:43] {ese} L nem .52
[11:44] {ese} out nem .64 +.12
[11:45] {nemo} s ua small .88 stop above .95
[11:46] {ese} L nxpi .34
[11:51] {nemo} market looks up and ua ain't doing nothing
[11:54] {RonS} hibb sm l .65
[11:55] {dino} cnc sm l .15
01[11:56] {Threei} Long Setup: CAT 90 break hl
01[11:56] {Threei} If holds .90
[11:58] {dino} ssys spike
[12:00] {dino} ssys sm s .57
[12:03] {dino} partial cover ssys .21 +.36
[12:04] {dino} out cnc .48, +.33
01[12:04] {Threei} nice back to back winners
[12:05] {dino} thx had couple losers just befor
[12:05] {scottie} cat still valid ?
01[12:05] {Threei} yes
[12:06] {nemo} defined the stop even better
[12:07] {dino} elli sm l .40
[12:09] {nemo} scratching UA
[12:10] {scottie} too fast for me
01[12:10] {Threei} 1:1 who got it
[12:10] {Will49} me too scottie
[12:11] {scottie} :)
[12:12] {ese} not i...still nursing nxpi
[12:12] {thomcbell} lvs vulnerable again
[12:13] {nemo} this is a very strong level for LVS with the strength in the market think you'll be flat
[12:14] {thomcbell} looks like short setup 42.90 break if holding 43
[12:14] {nemo} iwm at pivot spy at pivot, should see a pause
[12:14] {thomcbell} but.......mr market strong
[12:14] {dino} elli stop -.25
[12:14] {thomcbell} spy at pivot here
[12:15] {nemo} thom...u r thinking like me...seek professional help immediately
[12:15] {thomcbell} lol
[12:15] {nemo} futures are vertical
01[12:16] {Threei} and don't accept any shrink with ears long than 5 inches, munching on carrot
[12:16] {RonS} out hibb -.10 woof
[12:18] {thomcbell} target on lvs is 1:2 or 42.70
[12:18] {dino} elli sm l .26
[12:28] {Will49} cc_8 see PM please
[12:39] {dolores} wow AAPL
[12:39] {dolores} down hard
[12:43] {thomcbell} scratching rest of lvs here at 42.87
[12:43] {dino} out elli .73 ave, +.47
[12:43] {dino} gotta hop for hour
[12:45] {thomcbell} FB - short setup 19.85 break if hldoing 19.95
01[12:45] {Threei} one problem with that
01[12:45] {Threei} darn thing is still unavailable for shorting
[12:46] {thomcbell} short restricted
[12:46] {thomcbell} just found out
01[12:46] {Threei} I wanted to short it on it's first day, lokl
[12:47] {thomcbell} yup - you called it well that it was going to be a teenager very early in its life
[12:52] {nemo} spxu might have a play here but indexes very near vwap
[12:57] {thomcbell} DUH FB
[12:57] {thomcbell} Nice and clean
[12:58] {nemo} http://www.tshirthell.com/
[12:58] {nemo} I can borrow FB no problem
[13:01] {RonS} omg...canadians are eh' holes...lol
01[13:02] {Threei} I take severe umbrage
[13:02] {Will49} :D:)
[13:02] {RonS} rotflol
[13:04] {nemo} qcor looks drippy weak
[13:05] {nemo} and the indexes look bi, but I'll go with up
[13:06] {nemo} you know things are slow when my tna chart is indexed in .05 increments
[13:06] {Will49} qcor
[13:07] {thomcbell} wfc and jpm dailies look good
[13:07] {nemo} long or short thom
[13:08] {Will49} my charts not working at all
[13:08] {Will49} ok they're back
[13:15] {nemo} spy and iwm basically holding trend
[13:30] {ese} out nxpi .10 -.25 fffffffffffffff.............
01[13:49] {Threei} Short Setup: CAT 90 break hl
01[13:49] {Threei} If holds .10
[13:51] {dino} cnc sm l .23
01[13:54] {Threei} Invalidated
[13:56] {nemo} could make an argument for lvs long here
[13:57] {dino} out cnc .54, +.31
[14:03] {dolores} CAT back in ?if holds .10
[14:03] {dolores} bye bue CAT
[14:10] {ese} L ltd .68
01[14:14] {Threei} and there you have it:
01[14:14] {Threei} Among Entrepreneurs, Romney Leads By 20; mong Government Employees, Obama leads by 17
01[14:15] {Threei} demarkation line is as clead as it gts
[14:17] {nemo} what is that from?
01[14:17] {Threei} rasmussen polls
[14:19] {nemo} thought nflx looked weak
[14:29] {dino} hibb sm l .00
[14:30] {dolores} almost green
01[14:30] {Threei} SPY is
[14:30] {dolores} yes and dow now
[14:35] {nemo} bidu looks short, just too much of a stop
[14:36] {RonS} Income Distribution by Religion http://goo.gl/fb/3R4li
[14:38] {dino} out hibb .34, +.34
[14:38] {scottie} I am jewish from this moment on
[14:38] {Will49} uncanny call nemo
01[14:40] {Threei} so, no one wants to be Jehova's wintness I guess
[14:45] {ese} out ltd. 97 +.29
01[14:45] {Threei} wtg
[14:46] {dino} ty
[14:46] {ese} tks......done for the day........gotta go put in new taps in the rental property........cya tomorrow
01[14:46] {Threei} take care ese
[14:46] {Will49} be good
[14:47] {ese} vad will.....tomorrow eh!
01[14:51] {Threei} (GR) Greece Fin Min Stournaras: Reiterates budget measures are being prepared for review by Troika inspectors - financial press- NOTE Aug 19th: (GR) Greece Fin Min Stournaras: Reiterates view that Greece must remain in the euro; "If we don't take the measures ... then our stay in the euro is threatened." - Aug 18th: (GR) Greece budget shortfall could be bigger than previously believed, reaching as high as �14B (vs �11B prior estimate); Auditors also said to have received inadequate plan from Greece govt on reaching �11.5B in savings for 2013-14. - Der Spiegel
01[14:52] {Threei} Short Setup: CAT .40 break
01[14:52] {Threei} If holds .46
01[14:52] {Threei} legit double top
[14:53] {nemo} I've got .50-.56 as a top
01[14:55] {Threei} Invalidated
01[14:56] {Threei} valid again
01[14:56] {Threei} .48 stop
01[14:57] {Threei} target closer to .20
[15:05] {nemo} qcor finally decided to drop
[15:06] {dolores} where is merkel??
[15:07] {nemo} it's August, Germany is on vacation on the Mediterranean somewhere
[15:08] {dino} preparing for the occupation
01[15:08] {Threei} lol
[15:09] {nemo} nahh...they go there every August
01[15:09] {Threei} no go CAT
[15:09] {nemo} I used to vacation in Spain, nothing but German spoken on the beach
[15:09] {nemo} looking to short cat at .55ish
01[15:10] {Threei} crap... rinse
[15:15] {dino} elli drop
01[15:15] {Threei} guys, everyone recieves Sunday Links e-mail over the weekend?
[15:15] {RonS} yes
[15:15] {jackharry} Not this wseek
[15:15] {Will49} yes
01[15:16] {Threei} that's what is strange... some get it on some weeks but not on others
[15:16] {scottie} no
[15:16] {dino} yes
[15:16] {scottie} right
[15:16] {dolores} only once
[15:16] {dolores} sunday before this one
01[15:17] {Threei} I am not sure what haoppens, other than some ISP filter it out by some sift criteria that triggers one week by doesn't another
[15:17] {nemo} what are you using to mail it out?
[15:17] {jackharry} I have only ever received it once, two weeks ago I think it was
[15:17] {scottie} I look at the log every weekend anyway, your comments are there
01[15:17] {Threei} make sure you unblock realitytrader e-mails, and just in case, do check http://tradinglog.realitytrader.com/ over the weeken
01[15:17] {Threei} make sure you unblock realitytrader e-mails, and just in case, do check http://tradinglog.realitytrader.com/ over the weekend
01[15:17] {Threei} sorry
01[15:18] {Threei} usually Week Wrap-Up is posted on Friday,
01[15:18] {Threei} and Last Week, Next Week - whenever nemo sobers up, most often on Sunday
[15:18] {scottie} + nemo's findings
[15:19] {jackharry} nemo sobers up???
01[15:19] {Threei} that's Last week, next week
01[15:19] {Threei} on sunday for a few hours jack - to get recharged foer the next week
[15:19] {nemo} yeah, I sober up just in time for church
01[15:19] {Threei} kind of coming up for air, you know
01[15:20] {Threei} if you are active on social networks or have contcts you think could benefit from our weekend posts and trading logs, feel free to share them
01[15:21] {Threei} they have all those fancy buttons for one click sharing
[15:28] {nemo} o.k. bear ankle grabbing time
[15:29] {nemo} I am ursus hear me roar, from a pain that is too great too ignore...
01[15:33] {Threei} Short Setup: GDX .60 break
[15:33] {nemo} I need help...Now I hear Helen Reddy...oh jeez
[15:33] {thomcbell} what are u doing on that one Vad?
01[15:34] {Threei} relative strength play
01[15:34] {Threei} couldn't retest high as SPY did
[15:34] {nemo} looks long to me
[15:34] {thomcbell} me too
01[15:34] {Threei} not if SPY reverses and starts dropping
[15:34] {thomcbell} right
01[15:35] {Threei} and .60 is pretty decent support
[15:35] {thomcbell} what are the chances of that
[15:35] {thomcbell} lol
01[15:35] {Threei} well, why not play it two ways
[15:38] {thomcbell} i have to run guys - see ya tomorrow
01[15:38] {Threei} take care tbell
[15:48] {dino} calling it a day. thx all
[15:49] {nemo} aw cmon...they can't end red...
[15:50] {nemo} mmhhhh twitter talk on whether they can close aapl at 666
01[15:50] {Threei} take care dino
[15:50] {dino} u2
[15:50] {dptl} see ya tomorrow all
01[15:50] {Threei} dp :)
01[15:51] {Threei} give me a few cents more GDX
[15:51] {dolores} ok guys see you tomorrow
[15:51] {dolores} take care
[15:51] {dolores} thxs VAD
01[15:51] {Threei} bye dolores
01[15:56] {Threei} thank you al
01[15:56] {Threei} have a great evening, see you tomorrow
[15:56] {scottie} gn, see you all tomorrow
[15:57] {Will49} TTF
