Aug 30 2012

2 stops, 10 and 5 cents, 2 wins, 30 and 20 cents. And a whole lot of boredom. And here is how heroic Victoria residents take the earthquake in stride.

Session Time: Thu Aug 30 00:00:00 2012

[08:18] {nemo} interesting, spy and iwm bottom at iwm's Weekly Pivot

[09:06] {jackharry} good morning

[09:06] {Threei}  jack :)

[09:06] {nemo} john harold

[09:06] {jackharry} good to have you back Vad

[09:07] {Threei}  thanks

[09:07] {Threei}  day from hell

[09:07] {Threei}  power outage all day long

[09:07] {Threei}  with earthquake at the finish

[09:09] {scottie} gm

[09:09] {Threei}  scottie :)

[09:09] {scottie} finally found a way to take a day off...

[09:10] {Threei}  heh

[09:10] {Threei}  some bird did it for me flying into wire

[09:10] {scottie} forgot to pay for your BC Hydro bill and then blame it on some poor bird

[09:10] {Threei}  lol

[09:11] {Threei}  but the problem was, instead of utilizing it by going for a walk or crabbing, I sat here for hours waiting, because BC Hydro kept telling me "30 min more"

[09:16] {dolores} hello GM

[09:16] {Threei}  dolores :)

[09:18] {Beau} good morning all

[09:18] {Threei}  beau :)

[09:19] {Threei}  oh, and of course when I thought of calling will or ese to ask them to tewll the room what happens, I find my cellphone battery empty

[09:21] {scottie} ust have been a loooong day...

[09:21] {scottie} must

[09:22] {Threei}  about an hour before market close I gave up and went out, and it was all good for 3 hours... then earthquake happened, lol

[09:22] {Will49} GM everybody!

[09:22] {Threei}  will :)

[09:26] {thomcbell} bhp down decent 

[09:26] {dolores} VAD an earthquake?

[09:26] {dolores} where?

[09:26] {Threei}  Victoria

[09:27] {Threei}  luckily minor one, but right under the city

[09:27] {thomcbell} gold up - fcx more of a gold stock today i suppose 

[09:27] {Threei}  FCX?

[09:27] {Threei}  why gold?

[09:27] {dptl} gm

[09:27] {Threei}  dp :)

[09:28] {Threei}  are we so out of gold that copper will do?? :)

[09:28] {thomcbell} well bhp and rio down over 2% and fcx down 0.4

[09:28] {ese} mornin

[09:28] {Threei}  ese :)

[09:28] {ese} nemo.....how'd MCP turn yesterday

[09:29] {dolores} BPT getting interest here?

[09:29] {Threei}  60 cents spread

[09:29] {dino} gm

[09:29] {thomcbell} bhp big gap down to near 50sma - im going to look for a n early long setup 

[09:29] {Threei}  dino :)

[09:31] {Threei}  Nearly 1,500 customers are without power in Central and North Saanich this morning.

[09:31] {Threei}  BC Hydro says the cause is under investigation. Power has been out since about 7 o'clock this morning; Hydro anticipates having it restored by 10 o'clock today.

[09:31] {Threei}  The outage includes a considerable portion of the peninsula between Keating Cross Road and McTavish.

[09:31] {Threei}  good to know there was 1499 more

[09:32] {Threei}  but I beg to differ about 10 o'clock. More like 4 pm

[09:32] {Threei} Short Setup: FCX  .20 break hl

[09:32] {Threei}  If holds  .30 

[09:32] {nemo} spy bounce

[09:33] {Threei}  RBA, Off Wall Street negative comments

[09:34] {Threei} Long Setup:  SLW  .45 break

[09:34] {Threei}  If holds  .35 

[09:35] {dolores} FCX still on?

[09:35] {Threei}  yes

[09:36] {Threei}  half lot only, jerky action

[09:36] {Threei}  SLW target 1:2

[09:41] {dino} shld

[09:41] {RonS} heard they were dropped from sp 500

[09:41] {dino} yeah, thats all i can find

[09:42] {dino} s3 53.04

[09:42] {Threei}  yes, LYB replaces it

[09:42] {dino} vra, cien seem odd. slight miss but rev increases

[09:43] {RonS} vra 44% float short

[09:43] {dino} 15.49 cin gap area

[09:43] {dino} opps thru that

[09:44] {dino} shld sm l .75

[09:45] {Threei}  FCX must die

[09:45] {Threei}  stays near low while SPY moves up

[09:45] {dino} lol

[09:45] {Threei}  any SPY blip, ot's done

[09:46] {Threei}  FCX target 1:3

[09:46] {Threei}  if it loses .15, there will be a whole lot of disappointed byers

[09:47] {dino} adding cien sept call

[09:47] {Threei}  bailing out like late bar patrons after last call

[09:48] {nemo} mmmhhhh iwm in the vicinity of WPP

[09:48] {dino} shld stop -.32

[09:50] {dino} brli

[09:50] {Threei}  20 min in, nothing happens

[09:50] {Threei}  normally volatile at the open stocks don't move 10 cents

[09:50] {dino} brli sm l .41

[09:51] {Threei}  ahh, finally FCX

[09:51] {nemo} fdo dino

[09:51] {Threei}  testing that .15

[09:51] {Threei}  and losing it

06[09:51] * Threei hits FCX over the head with 2x4

[09:52] {Threei}  bail drinks, bail

[09:52] {Threei}  1:1

[09:52] {Threei}  drinks = drunks

[09:52] {Threei}  I guess

[09:52] {dino} brli pulp type, all over the tape

[09:52] {dino} wide

[09:53] {Threei}  stop to .22

[09:54] {dino} shld sm l .32

[09:56] {dino} out shld .64, +

[09:56] {dino} .33

[09:56] {Threei}  wtg

[09:56] {dino} ty

[09:58] {Threei}  FCX is on a verge of moving 1 cent closer to 1:2

[09:58] {dino} shld pattern 53-53.70s

[09:59] {Threei}  there

[09:59] {Threei}  SLW no go

[09:59] {nemo} watch 52.50 area shld dino

[10:00] {Threei}  1:2

[10:00] {Threei}  covered another piece .01

[10:00] {Threei}  stop to .12

[10:00] {nemo} this is trend line spy

[10:00] {nemo} MR1 at .52

[10:00] {dino} cutting brli .45, +.04.

[10:01] {dino} gotta hop for two hours, closing

[10:01] {Threei}  FCX baby

[10:01] {Threei}  hit that 1:3

[10:01] {nemo} try for .45

[10:01] {nemo} fcx

[10:02] {thomcbell} that is a good one vad 

[10:02] {Threei}  ty

[10:03] {cipher} shld +.42 thx dino

[10:04] {nemo} well, shld didn't get to .50ish

[10:05] {cipher} shld s .50

[10:05] {nemo} vwap likely here

[10:06] {cipher} bailed at .44 +.06

[10:07] {nemo} Eddie should start buying

[10:12] {thomcbell} this coh chart looks poised for a big up move to me on the daily chart 

[10:15] {cipher} coh +.18 thx thom

[10:15] {nemo} think lvs is a short coming

[10:16] {ese} hmmm.......the expendables got me

[10:19] {cipher} coh s ..76

[10:20] {nemo} your stop above .90?

[10:20] {cipher} y

[10:20] {nemo} cool

[10:20] {cipher} out 1/2 .55

[10:20] {Threei}  nice one

[10:20] {nemo} trying for .25ish?

[10:20] {cipher} COV .51

[10:22] {cipher} coh l.46

[10:23] {cipher} lvs s +.09 thx nemo

[10:24] {cipher} out coh -.02

[10:25] {nemo} here comes .25ish coh

[10:25] {nemo} you got the yips today cipher?

[10:25] {thomcbell} just when everyone thought market couldnt go down before bernanke

[10:26] {cipher} coh l.22

[10:27] {cipher} aapl l.77

[10:27] {ese} when does he speak bad......am looking on the calendar and don't see it

[10:27] {Threei}  (SK) Slovakia PM Fico: There is a 50/50 chance of a breakup in the EMU: Slovakia must seek to be part of the 'core' assuming a breakup does occur

[10:28] {Threei}  finally

[10:28] {Threei}  FCX 1:3

[10:28] {Threei}  over and out

[10:28] {Threei}  1 hour trade!

[10:28] {thomcbell} bought small ssys 66.52 

[10:29] {nemo} vwap and the whole on coh

[10:29] {nemo} are the same

[10:29] {nemo} lotsa' lows popping up though

[10:29] {nemo} energy and resources mostly with a smattering of tech

[10:30] {RonS} ese the clam's speech is tomorrow

[10:30] {cipher} out aapl .98

[10:30] {Threei}  NYSE volume 105M shares, about 32% below its three-month average; decliners lead advancers by 3.8:1. - NASDAQ volume 265M shares, about 26% below its three-month average; decliners lead advancers by 3.5:1.

[10:31] {ese} tks ron

[10:31] {cipher} tna l .60

[10:31] {nemo} coh long around here interesting

[10:31] {cipher} out 1/2 tna .70

[10:32] {cipher} out rest .80 +.20

[10:32] {nemo} maybe I'll call you lobster

[10:32] {nemo} you bottom feed with the best of them

[10:34] {cipher} aapl l.51

[10:35] {Will49} machine-gun cipher

[10:35] {nemo} love it S3 on aapl is "666"ish

[10:35] {nemo} now we know cipher's secret

[10:35] {nemo} big volume coh

[10:35] {nemo} l .02 stop under the whole

[10:35] {nemo} only giving this a couple cents

[10:36] {nemo} needs to break .07

[10:36] {nemo} market weak though

[10:37] {Threei}  good call on LVS short

[10:37] {nemo} NYSE on the offer hate that

[10:37] {nemo} offering .24

[10:38] {nemo} FSLR was even better but hard to borrow

[10:38] {nemo} I saw that at 22.90

[10:38] {cipher} out aapl  .79 +1.28

[10:38] {nemo} man's posessed

[10:39] {nemo} tna break .65

[10:39] {nemo} stio ybder ,56'

[10:39] {nemo} nope, .76ish next support for iwm

[10:40] {nemo} thinking .60 break now

[10:40] {nemo} oh damn coh

[10:41] {nemo} scratched coh

[10:41] {nemo} indexes look too weak

[10:42] {nemo} wow look tfm

[10:46] {cipher} tfm l.00

[10:47] {cipher} cat l.96

[10:50] {nemo} that's one of the larger spreads I've seen on cat

[10:50] {cipher} cat stopped .85 -.11

[10:50] {nemo} duh...looking at tfm..wtf

[10:50] {Will49} ciper's credo: win some lose some...next!

[10:50] {nemo} tfm

[10:50] {Will49} good credo

[10:51] {nemo} Some will, some won't, so what

[10:51] {Will49} eggsactly

06[10:51] * nemo slaps will49 around with a large dictionary Vad edition

[10:51] {Threei}  sometimes you win, sometimes you lose, and sometimes it rains

[10:51] {Will49} ouch

[10:52] {Threei}  yeah, what's with spelling

[10:52] {nemo} Life's a bitch then you die

[10:52] {Threei}  "eqzaktly"

[10:52] {nemo}  Life's a bitch

[10:52] {nemo} then you marry one

[10:52] {nemo} then you want to die

[10:52] {Will49} lol

[10:52] {Will49} OMG... what have I started

[10:52] {nemo} don't get arrogant

[10:52] {thomcbell} might get some interesting afternoon setups 

[10:52] {nemo} this started years ago

[10:52] {Will49} pay attention you guys...you're taders, not comedins

[10:53] {Will49} comedians

[10:53] {Will49} I think

[10:53] {nemo} mmmhhh, tfm volume, drops .00 I'm short

[10:53] {nemo} Well I am short

[10:53] {thomcbell} might get some interesting setups long - later on today 

[10:54] {nemo} might get some interesting setups short - later on today

[10:54] {RonS} tfm looks short to me...cannot borrow

[10:54] {nemo} easy to borrow for me, a tad expensive though

[10:55] {cipher} cat l .70

[10:55] {nemo} ok iwm long setup

[10:56] {cipher} out 1/2 .80

[10:56] {nemo} tfm should be good to vwap breaks this resistance

[10:56] {cipher} tna l .40

[10:58] {cipher} out cat in full .85 +.15

[10:58] {thomcbell} watching for long setup on slw 

[10:58] {thomcbell} nem actually green 

[10:58] {Threei} Long Setup:  LVS  .80 break

[10:58] {Threei}  If holds  .70 

[10:59] {thomcbell} coh still acts well 

[10:59] {thomcbell} got the 15 min spy hammer 

[10:59] {thomcbell} Vad

[11:00] {Threei}  yes

[11:00] {cipher} out 1/2 tfm .30 +.30

[11:00] {thomcbell} not on dia iwm and qqq

[11:03] {cipher} out tna .58 +.18

[11:03] {nemo} look for .80 on tna cipher

[11:03] {nemo} arrggg

[11:03] {cipher} sorry

[11:03] {cipher} :)

[11:03] {nemo} profit is profit

[11:05] {cipher} out rest tfm .47 .47

[11:06] {cipher} gotta run.. dentist app

[11:06] {cipher} cya tom

[11:06] {nemo} cya ciph

[11:06] {nemo} ciphalis?

[11:06] {Will49} have a gold tooth put in cipher

[11:06] {nemo} platinum

[11:07] {Threei}  take care cipher

[11:09] {thomcbell} cipher what is s-3 on qcom please?

[11:10] {nemo} 61.08

[11:11] {nemo} hey thom, you ever use free stock charts.com

[11:11] {RonS} thom:  http://www.nationalfutures.com/pivotcalculator.htm

[11:12] {nemo} http://www.livecharts.co.uk/pivot_points/pivot_points.php

[11:12] {nemo} that's better one

[11:14] {nemo} on freestock charts it's an idicator automatically charted for each stock if you use it

[11:14] {thomcbell} is that real time?

[11:15] {nemo} relatively, only gets data from bats exchange, the pivot levels are correct...I use it in conjunction with the trading platform.  quite helpful

[11:16] {thomcbell} ok cool 

[11:16] {Threei}  1:1

[11:18] {thomcbell} what do u have on Vad?

[11:18] {Threei}  10:58] {Threei} Long Setup: LVS .80 break

[11:18] {Threei}  [10:58] {Threei} If holds .70

[11:18] {thomcbell} long setup bhp 65.19 break if holding 65.11

[11:18] {Threei}  merely 20 min for 1:1, that's my speed champion today

[11:19] {thomcbell} ok thanks

[11:19] {thomcbell} bhp invalidated

[11:20] {Threei}  1:2 close enough, out

[11:21] {nemo} low volume, look cab daily

[11:23] {nemo} Even in civilized mankind faint traces of monogamous instincts can be perceived. ~Bertrand Russell

[11:23] {thomcbell} howling

[11:24] {nemo} hehehehehe

[11:24] {Will49} lol

[11:30] {thomcbell} im gone guys - talk later 

[11:30] {Will49} be good...and if you can't be good, be......

[11:31] {Will49} fill in blank

[11:31] {Threei}  take care tbell

[11:34] {Threei}  timely exit LVS

[11:46] {dolores} LVS bouncing from .80

[11:46] {dolores} two or three times

[11:46] {Threei}  yes but I don't see much potential here

[11:47] {Threei}  struggle for 5 cents

[11:47] {dolores} ok

[11:48] {nemo} it's lunchtime on the 2nd slowest day of the year and spy basically at vwap

[11:48] {nemo} back to the belly-button lint

[11:48] {Threei}  argh

[11:49] {nemo} what?

[11:49] {Threei}  JCO news, and I was thinking of .95 break long

[11:49] {Threei}  JCP

[11:49] {Threei}  blinked, and darn thing has gone

[11:49] {Threei}  -JC Penney Company Inc (Holding Co) Judge denies Macy's prelim injunction against the company related to Martha Stewart dispute - financial press

[11:50] {Threei}  grrrrrrrrrrrrrr

[11:50] {Threei}  crap, that was the best trade of the day

[11:50] {ese} my hats off to those of you who can find stuff the way this markets drifts.........just when i think i've found something.....the mo mo stops....very few and far between......and then when i find something...i'm late

[11:51] {nemo} http://www.newsday.com/news/police-100-year-old-driver-hits-11-near-la-school-1.3937043

[11:52] {dolores} 100 year old people should not have a drving license

[11:53] {Threei}  nor 90

[11:53] {Threei}  yet a lot of them do

[11:53] {ese} indeed........but how are they going hit people if there not driving 

[11:54] {Threei}  true

[11:54] {Threei}  - may I pet your lovely dog?

[11:54] {Threei}  - of course, otherwise how would it bite you

[11:55] {ese} lol

[11:55] {ese} thats a good one

[11:56] {Threei}  wow... some russian jokes do work

[11:56] {Threei}  hear that Ron??

[11:56] {ese} ouuuuu ouch

[11:56] {Threei}  I can't watch JCP

[11:56] {Threei}  this is a miss of the day

[11:56] {dolores} I cant watch BPT

[11:56] {ese} ya thats been ticking me off today to.......

[11:57] {dolores} almost triggered 75.50

[11:57] {dolores} and chickened

[11:57] {ese} jcp that is

[11:57] {Threei}  I wouldn't have given a second thought to BPT, honestly

[11:57] {Threei}  risk can not be managed on it properly, end of story

[11:57] {Threei}  this stock doesn't exist for me

[11:58] {dolores} ok

[11:58] {Threei}  JCP had frikin 5 cents risk, for about 30 cents easy reward

[11:59] {nemo} fosl dino kinda' short

[12:07] {jackharry} fslr a complete bloodbath today

[12:09] {Threei}  and looks far from over

[12:11] {Threei}  lol, in case you thought GRPN had enough problems:

[12:11] {Threei}  GRPN Patent lawsuit reportedly filed against LivingSocial and Groupon related to online discounts - financial press

[12:12] {Threei}  ummmm

[12:12] {Threei}  do you want to know exact % of people living in lala land?

[12:12] {Threei}  there, I've got it for you:

[12:12] {Threei}  41% Say U.S. Should Resume Manned Missions to Moon

06[12:13] * Threei slaps nemo around a bit with a large Mars rover

[12:14] {Threei} Long Setup:  JCP  .95 break

[12:14] {nemo} watch joy here good for another buck south if it executes, maybe 2

[12:14] {Threei}  If holds  .90 

[12:14] {Threei}  not going to repeat a run but should be scalpable

[12:16] {dolores} HEAVY ELECTRI

[12:16] {dolores} electric storm

[12:16] {nemo} ?

[12:16] {nemo} oh

[12:16] {dolores} will wait a while

[12:17] {dolores} as internet might go down

[12:20] {nemo} coh, which way you going

[12:21] {nemo} think it testss the upper end

[12:21] {nemo} short joy

[12:21] {dolores} pouring summr storm

[12:22] {dolores} so maybe ends fast

[12:22] {nemo} bidding .74

[12:23] {nemo} stop is .90.ish

[12:23] {nemo} oh shit nyse on bid and offer

[12:23] {nemo} hate that

[12:23] {nemo} cmon throw a brick through .74

[12:24] {nemo} so now it stops trading

[12:25] {nemo} there we go

[12:25] {nemo} stop still to .90

[12:28] {nemo} I think I'll be stopped, but if this stops at 52 could be a re short

[12:34] {dolores} I think is safe now

[12:34] {nemo} watch COH

[12:34] {dolores} JCP entry still on?

[12:39] {nemo} shoulda shorted joy again

[12:40] {Threei}  yes

[12:44] {nemo} coh being sneaky here

[12:46] {nemo} this down up makes me think it's gonna make a move

[12:56] {nemo} joy  looking possible long here

[12:57] {dolores} stopped

[12:59] {dolores} VAD thes stop was .89?

[12:59] {nemo} y

[12:59] {nemo} nevermind

[13:01] {Threei}  yes

[13:02] {nemo} coh

[13:02] {Threei} Long Setup:  TNA  .80 break

[13:03] {Threei}  If holds  .80 

[13:07] {Threei}  TNA looks ready to me

[13:07] {Threei}  if SPY breaks .60, this one should work nicely

[13:08] {Beau} trigger and stp both .80.  that will be fun

[13:08] {Threei}  lopl

[13:08] {Threei}  .70 of course

[13:08] {dolores} no go

[13:08] {Threei}  invalidated

[13:08] {Threei}  no go = stop

[13:09] {Threei}  it never triggered, thus invalidated

[13:09] {Beau} too bad  wanted to see how you played the 80/80

[13:09] {robbers} Three, question for you:  When you call for a "break," does it have to clear both the bid and ask to be considered a break?

[13:09] {Threei}  it should take out ask and start printing above it

[13:10] {Threei}  i.e, .80 ask disappearing and .81 prnting is a break

[13:10] {robbers} Perfect, clears it up for me.  Thanks.

[13:10] {Threei}  sure, and make sure to read this link:

[13:10] {Threei}  http://www.realitytrader.com/tradingroom/#instructions

[13:11] {robbers} Going there right now...

[13:14] {robbers} Funny, never saw that because I stopped on that page to log into the trading room, never looked below that, LOL.  My mistake.

[13:16] {robbers} Also didn't realize "no go" = "stop".  That's helpful, too. 

[13:17] {robbers} Hey, I'm a slow learner, but at least a learner.

[13:17] {Threei}  :)

[13:18] {robbers} And I've learned never to pet a Russian dog.    So very good day overall.

[13:18] {Threei}  variation: "no worky"

[13:18] {Threei}  lol

[13:18] {Threei}  just wait till ese educates you about drinking russian vodka from glass model of AK-47...

[13:18] {Threei}  you can't put value on that

[13:18] {Will49} lol

[13:19] {dino} back. did i miss much?

[13:19] {Threei}  not really

[13:19] {Will49} it is quite a sight...the AK47 bottle

[13:19] {dino} good. thinking of taking tomorrow off

[13:19] {Threei}  with grenade filled with pepper vodka

[13:19] {Will49} :)

[13:20] {Threei}  I need to make photos of those...

[13:20] {Will49} Vad puts a secret russian potion in the vodka that makes you want to remain in his room for years and years

[13:23] {Threei}  no, that is in the seasoning for shishkebab

[13:23] {Will49} :D

[13:23] {robbers} Sounds like drinking from that bottle is same result from petting the dog.

[13:25] {Threei}  I dunno... people have been coming for more, each summer :)

[13:25] {Will49} proof is in he pudding 

[13:25] {Will49} the

[13:26] {Threei}  dptl's companion said he started experiencing tremors similar to a drug withdrawal symptoms in the middle of ferry ride to the gathering

[13:26] {Will49} an old Russian saying

[13:26] {Will49} pudding

[13:27] {Threei}  (EU) EU's Barnier: ECB Should oversee EMU banks

[13:27] {Threei}  you reminded me old soviet joke will... (hear Ron groaning)

[13:28] {Threei}  guy in dirty duct-taped on various places overalls, in the store, asking a girl behind the counter:

[13:29] {Threei}  his voice drifting in drwamy tones as he speaks,

[13:29] {Threei}  what is it on the shelf, looking so elegant, airy, almost ephemeral, white, soft...?

[13:30] {Threei}  she: Yougurt

[13:30] {Threei}  He, in a dreamy voice... Yooooguuurt... returning to usual gruff voice: OK, two bottles of vodka please

[13:31] {Threei}  no?

[13:31] {Will49} lol

[13:31] {Threei}  or, should I say... no worky?

[13:31] {Will49} i guess

[13:32] {Threei}  Bankia Spain govt may recapitalize Bankia without using any EU funds - financial press***Reminder: Bankia has requested �19B in state aid.

[13:32] {Threei}  yes, but thnen it remain woth no dime in the pocket and have to ask EU money for itself

[13:33] {robbers} BTW, Three, nice trades this morning, thanks for those.

[13:33] {Threei}  very welcome

[13:33] {Will49} and that's no joke

[13:34] {Threei}  thankfully August is almost over, and it will become gradually easier to find them

[13:35] {dolores} nothing about banki on spanish news

[13:35] {dolores} banki

[13:36] {dolores} a

[13:42] {dolores} CAT no trade   today?

[13:43] {Threei}  if any, it's a short

[13:44] {Threei}  .55 trigger

[13:44] {Threei}  if holds .65

[13:54] {dino} shld sm l .01

[13:56] {Threei}  (US) White House: Tapping the Strategic Petroleum Reserve (SPR) is still an option, but no announcement to be made today***Reminder: Yesterday the White House said that all options were on the table regarding release of crude from the SPR

[14:00] {dino} nothing like trying to buy votes

[14:02] {Threei}  yeah

[14:07] {Threei}  (EU) ECB's Asmussen: Markets are pricing in a breakup of the euro zone; Inflation expectations are firmly anchored- Fragmentation in euro financial markets is a concern; Impacts ECB policy. - Monetary policy is not reaching the real economy. - Risk premia reflect FX risk

[14:08] {Threei}  I really don't know where he sees markets pricing in breakup

[14:08] {Threei}  if they price anything in, it's a salvation through inflation

[14:09] {Threei}  and if that is not coming, the drop we are going to see, oy

[14:09] {Threei}  I presonally am salivating at the mere thought

[14:10] {Threei}  frikin JCP

[14:36] {dptl} anf .85 short? but so slow 

[14:36] {Threei}  50/50...

[14:37] {dolores} anyone knows why IRWD drug approval and moving down?

[14:39] {Threei}  one of those mysteries

[14:39] {dino} because its not going up

[14:39] {dptl} how about expe .60 short?

[14:40] {dino} lstr

[14:40] {Threei}  better

[14:40] {dino} drop

[14:40] {Threei}  I'd try it

[14:40] {dptl} with .70 stop

[14:43] {dino} irwd sm l .65

[14:45] {dino} sm l lstr .40

[14:45] {nemo} there is so little traffic, my computer, w/six monitors running is running at 29c.  It only does that in the winter, with one monitor...unbelievable

[14:46] {dino} lol

[14:57] {RonS} irwd in at .65  whatcha thinkin target dino?

[14:59] {dino} around 12.14

[15:05] {dino} lstr stop -.30

[15:06] {RonS} getting late...out irwd .95 thandks dino +.30

[15:06] {Will49} good one

[15:07] {nemo} down to 28c

[15:07] {ese} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

[15:07] {dino} gj ron

[15:11] {nemo} so...it's down to sitting here watching bunny eat timothy hay

[15:11] {dino} out irwd .20, +.55

[15:12] {Threei}  wtg

[15:12] {RonS} wtg

[15:12] {dino} ty

[15:12] {nemo} bloody amazing

[15:12] {dino} thx for idea dolores

[15:12] {nemo} mmmhhh finanicals been leading the way

[15:15] {dolores} welcome dino

[15:15] {dolores} I did not know what was going on as it was down so did not buy

[15:15] {dino} thats exactly what i look for

[15:16] {Threei}  dolores, you gravitate to these higher volastility stocks,

[15:16] {Threei}  watch how dino, ron and cipher play them

[15:16] {Threei}  you will get the rythm they are looking for

[15:17] {dolores} ok thxs

[15:17] {RonS} check the backstory here so i miss some

[15:18] {RonS} irwd got a drug apporval and sold off on "sell the news" but good bounce candidate fundamentally

[15:18] {nemo} since when does something trade fundamentally?

[15:18] {nemo} Vad...smack Ron

[15:20] {dino} probability of a bounce on a sell off on good news are strong, imo. happens a lot

[15:20] {dolores} dino why did you buy LSTR?

[15:21] {dino} no news pretty quick drop

[15:22] {dolores} Q3 not as expected

[15:22] {dolores} revenue not good

[15:23] {dino} thx, i missed that

[15:23] {dino} adding shld sept calls

[15:24] {Threei}  Clint Eastwood is a surprize guest of RNC convention

[15:24] {nemo} now down to 27c

[15:25] {nemo} I must be really bored

[15:25] {dolores} http://seekingalpha.com/article/838801-landstar-system-inc-q3-2012-guidance-update-call-aug-30-2012

[15:25] {dolores} on LSTR update call today

[15:25] {ese} thats Dino's M O delores.........when were selling he's buying......and when he's sellin were buying..........

[15:26] {ese} money is going straight from our bank accts into his

[15:26] {RonS} lol

[15:26] {RonS} true dat...

[15:26] {nemo} bidu bears watching dion, probably not today though, ahving said that

[15:26] {Threei}  http://goo.gl/RQKN5

[15:26] {Threei}  rofl

[15:27] {ese} i can't access facebook

[15:28] {RonS} me either...not going there...

[15:28] {nemo} doesn't open for me either

[15:28] {ese} me either

[15:28] {Threei}  hold on, I'll repost on mine, you shoul;d be able to see that

[15:28] {ese} nope tried it......didn't work

[15:29] {ese} oh ya for sure on your site

[15:29] {Threei}  hmmm

[15:31] {Threei}  http://tradinglog.realitytrader.com/2012/08/aug-30-2012.html

[15:32] {nemo} looks like FAS wants the pivot, and I figure we get to the weekly on IWM

[15:32] {Beau} were you in the chair at the time?

[15:33] {Will49} My 50" TV rocked back and forth a couple of inches when the quake hit

[15:34] {Will49} Going to put a leash on it this afternoon

[15:34] {Will49} My earthquake insurance isn't going to cover anything in a 3.0 event

[15:35] {ese} ok that is funny

[15:35] {Will49} just think...I wouldn't be able to watch Clint Eastwood tonight

[15:36] {Threei}  ouch

[15:36] {Threei}  you might have to settle on korean version... the good, the bad and the weird {G}

[15:36] {Will49} get off my lawn

[15:36] {ese} Hold on there????  Did we have a quake here?

[15:37] {Threei}  lol

[15:37] {Will49} you were probably bangin on your drums and missed it

[15:37] {RonS} hard to tell when drunk eh?

[15:37] {ese} when what time?

[15:37] {ese} ya

[15:37] {Will49} 3:20

[15:37] {Threei}  yesterday, around 3:30, right under Langford

[15:37] {ese} no shi?

[15:38] {dino} out shld ave .30, +.29

[15:38] {Will49} just across the bay from me

[15:38] {dino} back in ten

[15:38] {nemo} why?

[15:38] {ese} how bout that.........i was practising at that time...........didn't feel a damn thing

[15:39] {dino} bus stop

[15:39] {Will49} was just one shake, only a second long

[15:39] {nemo} why come back?

[15:39] {Will49} more like a bump than a shake

[15:41] {ese} If there is one thing i hate about living here.............it's that..............give me a tornado anyday...........at least i have the chance to make a flippin decision..........right or wrong........non of this instantaneous crap 

[15:41] {nemo} fas at day highs will form a hammer spy regaining trend will likely form a hammer also, only iwm looks like it will close lower

[15:41] {Will49} and we're in the back half of the window for "the big one"

[15:41] {ese} spyders are indicating they want up tomorrow

[15:42] {ese} ya

[15:42] {Will49} northern part of San Andreas fault lets go big time on average every 500 years

[15:43] {Will49} I think the last one was about 300 yrs ago

[15:43] {nemo} weren't u there?

[15:43] {RonS} an old indaian tell you that?

[15:43] {RonS} indian

[15:44] {ese} phewwwwwwwww

[15:44] {Will49} Islanders should be OK as everything is built into bedrock

[15:44] {ese} we got then

[15:44] {ese} time

[15:44] {RonS} ese time...198.764231 years

[15:44] {nemo} nah, Tsunami

[15:45] {Will49} Yeah, Indians on the coast have lots of verbal history handed down plus geologist confirmtell

[15:45] {nemo} you'll get the Atlantis treatment

[15:45] {dolores} sell off again

[15:45] {RonS} Tsu nami...my Philipino girlfriend

[15:46] {Will49} computer projections say it will be like a windy day at high tide around Victoria

[15:46] {RonS} lol

[15:46] {Will49} So no problem (famous last words)

[15:46] {nemo} "Here, hold my beer while I try something..."

[15:47] {Will49} I live 65 feet above high tidemark so my beer is safe

[15:47] {Will49} Now vad on the other hand......

[15:48] {Threei}  ese... winnipeg has no earthquake danger... and very little chance of tornado

[15:48] {nemo} from a 100 foot tsunami it isn't

[15:49] {Will49} West side of our island is going to get nailed big time

[15:50] {dolores} ok guys see you tomorrow

[15:50] {dolores} thxs

[15:50] {dolores} take care

[15:51] {ese} other than frezzing to death.........perfect

[15:51] {Will49} ese..have they done eathquake upgrades on your school?

[15:51] {dino} good point nemo, why do i come back

[15:51] {ese} not yet

[15:52] {ese} cya D

[15:53] {ese} me too..........cya tomorrow

[15:53] {Threei}  I dopn't know wabout that "up" tomorrow, nemo

[15:53] {Threei}  selling pretty good

[15:53] {Threei}  ok guysm thank you all

[15:53] {Will49} cheers

[15:53] {Threei}  have a good evening, see you tomorrow

[15:56] {dino} thx all gn