Nemo's Findings week of 9/30/2012

(Course on chart pattern recognition is available now: http://www.realitytrader.com/111trades.html 

Won't be expounding this week.  New quarterly monthly and weekly levels kept me busy


The Week that Was:



9/24/2012: Well, pre-market things are looking rather negative.  This story about Greece broke over the weekend.  No real surprise, but...   http://goo.gl/VGxoZ  

Markets opened down and stayed within ranges bound by multi-timeframe confluences.  Notice IWM bottomed at WS1 which corresponded to that red line which is one of those swing high levels I thought might corral the price action if we consolidated for awhile.  Finnies just barely negative.  Not much to really say.  Nothing specific happened during the day. After hours CAT lowered guidance on earnings...let's see how the market treats that information tomorrow.  So far at 4:15 EDT 89.00 is the low.

9/25/2012:   Well, got my gap up...and then it dropped.  CAT did sell off today, and we've now pretty much retraced the Bernanke bounce.  Notice how the Action in the SPY IWM and FAS topped out at or near the Weekly pivots

9/26/2012:  Well, that was interesting.  Many of the high-fliers continued to get their wings clipped.  We passed below the Weekly S3's on IWM and SPY, regaining IWM's before the close.  Tight bands this week, so although that is rare to exceed that range, not so much when the bands are so tight.  At the close, it looks like a consolidation that should open higher tomorrow.  We'll see.  Having said that Europe, more specifically, Greece, and Spain, are facing social unrest.  Trend is still intact..no worries yet, although doesn't look like we'll get to 153 spy this month...sniff...sniff.

a summation of where we stand:  http://www.businessinsider.com/market-developments-september-26-2012-9

on another note, this is actually from last month, but as I said see it pretty much every morning.  Beware the wilds of premarket ;-)

 

9/27/2012:  Whaddya' know opened higher....sunk a bit but bottomed at IWM WS3, just above the daily pivot on SPY and touching the daily pivot on the QQQ-they call it confluence... and then the market ripped north.  Mark-up end of quarter?  Let's see if we get back to the Weekly pivots tomorrow.  That seems to be where we've been ending up at the end of the week.  Compare yesterday's chart with today's and you can more clearly see the double bottom formations (the reason why I thought we'd go higher today) now that the action has resolved higher.

Interesting, headlines touting the lower than expected initial claims, guess they missed the continuing and the other  economic news that came out today

So, bad news was bought...off of support. http://www.businessinsider.com/closing-bell-27-2012-9



9/28/2012:

NKE sold off after earnings last night, and what did it do recovered the $4 today to go green and then gave up a buck into the close-pretty strong.


Here are the economic reports today:

And the market did sell off today but we're above yesterday's lows.  Wild action in the spy at the end of the day took out shorts bouncing right at the Monthly S3, then touching the Monthly R1 before closing near VWAP.

 Well, we didn't get to 153 on the SPY this month, looking at the final week and this last day:

 

 Both SPY and IWM topped out at the Weekly Pivots.  Arguably these last three days created a head and shoulders bear flag formation on IWM SPY and FAS, although not on this graphic, the same goes for the Qs.  Doesn't bode well for higher prices, but they have to drop these weekly lows.

• If SPY drops the lows 142 becomes a probable bounce spot.

• If IWM drops the lows there is actually the gap between 82.10ish and 82.50ish.  with the rising 50SMA and fib retracements likely to come in between 81.60 and 82 if the price action heads that way.

• The Qs have the rising 50SMA at 67.60ish and a gap at 67.20, below that the gap and Yearly R2 at 65.10

  
  

 

The Week That Is:  ALL NEW WEEKLY MONTHLY AND QUARTERLY  PIVOTS

IWM:  Interesting how the new Monthly Pivot is so close to the closing price on Friday.

Between here and the rising 200SMA at 79.70ish there is  a confluence zone between 82.20 and 82.50.  then the rising 50 SMA at 81.50ish.  Should action goes higher.

SPY:The structure is similar to IWM.  Significant areas of downside support at the 141.50 area area then volume support between 140.25-.50.  Then of course the rising 200 SMA down at 136.

QQQ: some confluence resistance at 70.30ish and then again in the 72 area.  Support at the rising 50sma, and then of course at the Quarterly Pivot.

Anyway, that's it for the week.

 

Sep 26 2012

ATTENTION: There won't be logs posted till Tuesday Oct 2. If you want to register for a trial, hold your horses till then. Do not forget to check the log over the weekend for Nemo's Last Week, Next Week post. There won't be market week wrap-up either.

Decent day, no interesting trades to show though. Time to pack for the Toronto conference, back on Tuesday.

Session Time: Wed Sep 26 00:00:00 2012

[08:52] {goryl} gm

01[08:55] {Threei}  morning

[08:57] {cipher} gm

01[08:59] {Threei}  cipher :)

[09:02] {jackharry} good morning

01[09:02] {Threei}  jack :)

[09:12] {scottie} gm

01[09:13] {Threei}  scottie :)

[09:21] {ese} gm

01[09:21] {Threei}  ese :)

[09:22] {Will49} Good morning!

01[09:22] {Threei}  will :)

[09:22] {Beau} gm

01[09:22] {Threei}  beau :)

[09:22] {ese} vad Will Beau

[09:26] {nemo} Beau, sorry I missed your question, what was it again?

[09:29] {nemo} numbers at 10

01[09:30] {Threei} Short Setup: FCX  39 break hl

01[09:30] {Threei}  yeah right

01[09:30] {Threei}  lol

[09:30] {jackharry} A little too fast!!

[09:30] {Will49} yikes

[09:31] {robbers} too late to get in? lol

01[09:31] {Threei}  hehe

01[09:31] {Threei}  40 cents drop in one gasp

[09:31] {nemo} no, go ahead, just adjust your stop

[09:31] {nemo} teensie weensie bit

01[09:31] {Threei}  I mean 45

01[09:32] {Threei} Short Setup: SLW  39 break hl

01[09:32] {Threei}  37

01[09:33] {Threei}  If holds  .10 

[09:34] {jackharry} Oh come on!!

01[09:34] {Threei}  how about that

01[09:36] {Threei}  another 40 center with no chance to enter

[09:36] {robbers} rude of it not to wait for us

01[09:37] {Threei}  yes but gives me a chance to practice my rhyming

[09:37] {Beau} nemo, interested in your spike play.   how you define spike-points up,or numb bars or time or?. how volumn fits in. and drops will happen after first down bar?  take your time will be here.

01[09:38] {Threei} Long Setup:  LVS  .85 break hl

[09:38] {Beau} your years of experience in one minute

01[09:38] {Threei}  1:1

01[09:38] {Threei}  any better than first two?

[09:38] {jackharry} nope

[09:38] {scottie} no

01[09:38] {Threei}  thought so

[09:39] {Will49} no

01[09:40] {Threei}  same setup once again, LVS

01[09:41] {Threei} Long Setup:  FCX  .05 break hl

01[09:41] {Threei}  If holds  38 

01[09:41] {Threei}  both are invalidated

01[09:41] {Threei}  FCS 38 break

01[09:41] {Threei}  FCX

01[09:42] {Threei} Long Setup:  SLW  .40 break

01[09:43] {Threei} Long Setup:  FCX  .90 break

01[09:43] {Threei}  10 cents stops on both

01[09:44] {Threei}  SLW 1:1

01[09:44] {Threei}  ditto FCX

01[09:45] {Threei}  both were obtainable this time around

[09:45] {scottie} + .15 on both, ty Vad

01[09:45] {Threei}  :)

[09:46] {jackharry} caught both, thank you

01[09:46] {Threei}  yw

[09:47] {dptl} gm

[09:49] {jackharry} had offer on fcx of 38.08, which was its high, but didnt hit, got taken at .98 on trail which was annoying, however had offer on slw of .58 which was also its high and it did hit so cant complain 

01[09:49] {Threei}  FCX reached it now

01[09:49] {Threei}  dp :)

[09:50] {nemo} arguably long setup spy iwm

[09:51] {nemo} methinks this is shakeout action before the housing numbers

[09:51] {robbers} Oil under $90 FWIW.

01[09:52] {Threei}  good but give me a shout when it's under 30

01[09:52] {Threei}  where it should be with this economy

01[09:52] {Threei}  and would be if not OPEC monopoly

01[09:53] {Threei} Long Setup:  LVS  .55 break

01[09:54] {Threei}  change to .50

01[09:56] {Threei}  stop .44

[09:58] {dptl} anf .20 long?

[09:58] {nemo} and the number is....\

01[09:58] {Threei}  chart is right but let's wait out numbers

[09:59] {nemo} yep

[09:59] {dptl}  right, numbers..ty

[09:59] {nemo} numbers good

01[10:00] {Threei}  nope

01[10:00] {Threei}  373 v 380

[10:00] {nemo} frickin' pessimists

01[10:01] {Threei}  lol

01[10:02] {Threei}  no go LVS

[10:02] {nemo} Jews skipping work today

01[10:04] {Threei}  ANF worked nicely

[10:05] {dptl} vlo 31 short?

01[10:05] {Threei}  yup

[10:06] {scottie} amx s .60 ?

01[10:07] {Threei}  probably not

[10:08] {scottie} ok

[10:09] {dolores} hello GM

01[10:09] {Threei}  morning dolores

[10:10] {nemo} kors

[10:10] {nemo} too late

01[10:10] {Threei}  look at FCX

01[10:11] {Threei}  did we nail that reversal point wth cent-precision or what

[10:11] {dptl} damn vlo too fast 

[10:12] {Will49} understatment

[10:12] {scottie} missed it too dp

[10:13] {dptl} there was not a chance ...well .97 had just like half a sec chance and thats it

[10:14] {nemo} 143.72 spy is weekly S3

01[10:16] {Threei}  National Daily Tracking: #Obama: 46%, #Romney: 46%

[10:17] {dolores} I think they mamaged to hold JCP yesterday to short it! hammered again

[10:18] {scottie} amx l .80 ?

01[10:19] {Threei}  hard to tell

[10:20] {scottie} in .81 small stop .74

[10:20] {nemo} rht below 54

[10:21] {nemo} Hlf

[10:21] {nemo} sorry

[10:22] {goryl} Vad, doesn't SMX look like a JBE setup? why would you discard it?

01[10:24] {Threei}  AMX?

[10:25] {goryl} y

01[10:25] {Threei}  it does but its range is a bit too narrow

[10:25] {nemo} you're looking for a long in a down tape goryl..setup can be good, market not

01[10:25] {Threei}  combine mine and nemo comment and you have this:

[10:25] {dolores} new sell off or is there support?

01[10:26] {Threei}  with narrow range, stock is likely to take long time to move singficantly enough for a worthy profit,

01[10:26] {Threei}  and in the market that is generallyy trending down, it simply may not have enough time, bounces are short-lived

[10:26] {dptl} hes .45 short?

[10:27] {nemo} goryl...only news or heavily shorted stocks have a chance to go up in a down tape

[10:27] {nemo} as a rule

01[10:27] {Threei}  I think so HES

01[10:27] {Threei}  dolores, breakdown is more likely

[10:28] {dptl} in hes

[10:28] {dptl} .55 stop

[10:28] {nemo} rht battle at .00

[10:28] {goryl} nemo, what do you mean by down tape?

[10:29] {nemo} market red and dropping

[10:29] {goryl} indices

[10:29] {goryl} ok

[10:29] {nemo} sorry

[10:30] {nemo} spy volume

[10:30] {dptl} half out

[10:34] {dptl} aaaand out

[10:34] {dptl} ty

01[10:34] {Threei}  nice

[10:35] {scottie} gj dp

[10:35] {dptl} ty

[10:36] {Will49} wtg dp

[10:36] {dolores} any news or more of the same?

[10:37] {nemo} RHT a short

01[10:38] {Threei}  worsening situation with Spanish bond, bad German auction, riots

[10:38] {dptl} hes may be .20 s ?

[10:39] {scottie} rht +.12 tks nemo

[10:39] {nemo} ;-)

[10:40] {nemo} likely goes to .50ish

01[10:40] {Threei}  I doubt it, HES

[10:44] {scottie} amx out +.10

[10:46] {nemo} long argument here for iwm and spy

[10:48] {nemo} cat

[10:48] {dptl} ah vlo vlo...:) it's even came back but i wasnt looking

[10:49] {ese} kinda a watchin morning for me.........have to go but may catch you later

01[10:49] {Threei}  take care ese

[10:51] {scottie} aig l .40 ?

01[10:51] {Threei}  yes

01[10:52] {Threei}  if holds .30 of course

[10:53] {scottie} in aggressive .38

[10:53] {scottie} stop .29

[10:59] {dptl} met .70 s?

[10:59] {scottie} out aig

[11:00] {dptl} in met .69

[11:01] {dptl} stopped met

[11:09] {nemo} thinking vwap run here 

[11:11] {nemo} shakeout first before run?

[11:16] {scottie} aig rinse

[11:18] {nemo} spy to vwap

[11:19] {nemo} iwm .11 cents to go

[11:39] {dptl} jcp .95 l?

01[11:40] {Threei}  50/50

[11:42] {dptl} 100sh took just to play around

01[11:42] {Threei}  QCOR, what a persistent disaster

[11:43] {nemo} support at 0

[11:43] {Will49} good way to stay awake dp

[11:43] {dptl} lol

[11:44] {dptl} out

[11:44] {dptl} :)

[11:45] {scottie} good call dp

[11:45] {Will49} excellent call

[11:45] {nemo} iwm at vwap

[11:45] {scottie} ok excellent :)

[11:45] {dptl} ty...ty very much

01[11:45] {Threei}  That does it. Dp replaces me for the next 3 days

[11:46] {dptl} oops.....i have to deal with nemo too?

01[11:46] {Threei}  yup

01[11:46] {Threei}  trde insults

01[11:46] {Threei}  trade

[11:46] {dptl} oh boy

[11:47] {Will49} we're behind you till your nose bleeds dp

01[11:47] {Threei}  rofl

[11:47] {dptl} lol...thanx 

[11:48] {Will49} lookit that JCP sucker go!

01[11:48] {Threei}  - Risk assets are getting pummeled as anti-austerity protests in both Athens and Madrid turn violent and the fiscal crisis in Spain's regions goes from bad to worse. In Madrid, police are using rubber bullets and teargas against protesters and analysts fear that the conflict between the government and Catalonia could become a major problem.

[11:49] {Will49} "may" become a major problem????

01[11:49] {Threei}  Behind the scenes it is assumed that PM Rajoy is preparing to request ESM help, although in public he continues to insist that Spain will not request more aid beyond the standing bank bailout "unless yields rise too high." At the same time, the Northern European eurozone states Germany, Finland and the Netherlands seemed to suggest that any aid Spain receives for its banks might remain on its public debt.

[11:50] {dolores} spain has financed already 83 % for 2012 or so they say

[11:50] {dolores} Rajoy is trying to avoid more conditions

[11:51] {dolores} and waiting for Italy to support on both asking a bailout with less conditions

[11:51] {dolores} germany already said no

[11:51] {nemo} swk

01[11:51] {Threei}  which of course immediately puts Greece and Ireland right back on the defensive

[11:52] {dolores} yes

01[11:52] {Threei}  "if we git thokse suffocating austerity conditions, how come they don't"

[11:52] {dolores} Rajoy is starting to annoy evryone

[11:52] {dolores} in europe!

01[11:52] {Threei}  and Monti already threatening to quit

[11:52] {dptl} anr .72 l?

01[11:52] {Threei}  whole thing is ridiculous

01[11:53] {Threei}  if want a fight for 5 cents

[11:53] {dolores} cat SHORT 86.59?

01[11:53] {Threei}  yes

[11:53] {nemo} vwap .46

[11:53] {nemo} suport at .42

01[11:53] {Threei}  if stays under .70

01[11:55] {Threei}  here are 5cents

[11:56] {dptl} ye but i skiped it 

[11:56] {dptl} will go to .85 most likly

01[11:56] {Threei}  Justin Trudeau throws his hat in

01[11:58] {Threei}  I can see Harper jumping up and down

01[11:58] {Threei}  CAT is valid IMO

[12:00] {dolores} Seems to be following the markets 

[12:00] {dptl} mcp .50 l ?

[12:01] {nemo} cat looks bull flaggish

01[12:01] {Threei}  yes MCP

[12:06] {dolores} CAT breaking up

01[12:09] {Threei}  MCP nears 1:1

[12:09] {dptl} out

[12:09] {dptl} just scalp for me 

[12:11] {dolores} wow dow green

01[12:11] {Threei}  thia must be the most hilarious thing I've heard this election cycle

01[12:11] {Threei}  http://www.inquisitr.com/342761/howard-stern-interviews-obama-supporters-video/

01[12:12] {Threei}  7 and half minutes that will destroy your faith in democracy

[12:29] {dolores} CAT short about here'

[12:29] {dolores} ?

[12:29] {dolores} keeps bouncing

01[12:33] {Threei}  feels done to me

01[12:33] {Threei} Short Setup: CAT  .30 break

01[12:33] {Threei}  If holds  .40 

01[12:45] {Threei}  (ES) Spain Govt said to be planning to place a hold on civil servant wages for 2013 and restriction in hiring as part of budget program to be announced tomorrow - financial press

01[12:47] {Threei}  check if Q COR shortable for you

01[12:47] {Threei} Short Setup: QCOR  .25 break

[12:51] {dolores} CAT rinsed

[12:57] {dolores} back up again

[12:57] {dolores} today CAT really following the market

[12:59] {dptl} mcp .70l?....although it's lunch time

01[13:00] {Threei}  can't tell

[13:01] {dptl} ye kinda ify

01[13:04] {Threei}  (ES) Spain PM Rajoy: Spain is determined to address its budget deficit- European project is irreversable.

01[13:05] {Threei}  I'll take that bet

[13:18] {dolores} CAT in full force today

[13:19] {nemo} it was so extended on the daily that's why I figured it was a bullflag

[13:19] {dolores} what you mean by extended oversold?

[13:19] {nemo} yeah

[13:21] {dptl} len .20 l ?

[13:24] {nemo} resistance at .30

[13:24] {nemo} nope

[13:24] {dptl} half out

[13:24] {scottie} gnc l 37 ?

[13:25] {robbers} nice dp!

[13:25] {Will49} tks dp

01[13:26] {Threei}  now dp... practice answering questions

01[13:26] {Threei}  GNC?

[13:26] {Will49} dp 3 vad 0

[13:26] {Will49} :)

[13:26] {dptl} ty yw....lol

[13:27] {dptl} great mentor i have...could not do it with out you Vad

[13:28] {nemo} looks like we run green rest of day

[13:28] {Will49} we love you vad

01[13:28] {Threei}  yeah yeah

01[13:31] {Threei}  GNC works

[13:31] {nemo} isn't it funny how a couple of percentage points down on the indexes everything get's so gloomy

[13:31] {scottie} didn't take it

[13:33] {scottie} ir l .90 ?

01[13:36] {Threei}  nah

[13:40] {dptl} was waching pelicans catching fish yesterday...i wish i could have one as a pet in Vancouver to bring me salmon......nice city that SanDiego...flying back home tomorrow

[13:41] {Will49} did you get to the zoo?

[13:41] {Will49} world renown

01[13:41] {Threei}  really fantastic zoo

[13:42] {dptl} unfortunatly not this time , will vizit next time...school and stuff, didt have time....but ye i heard it's the place to visit

[13:44] {jackharry} visited the zoo about 16 years ago, certainly put the so-called zoo here at home to shame

[13:45] {Beau} does it still have train carry you around the grounds??

[13:45] {Will49} where's home jack?

[13:45] {jackharry} Northern Ireland

[13:46] {Will49} cool!

[13:46] {jackharry} dont know about cool, but certainly cold!

[13:46] {jackharry} and wet

[13:47] {Will49} but charming, no doubt

[13:47] {dptl} and good beer

[13:47] {jackharry} yep

[13:47] {Will49} well, any place with good beer is a good place

[13:48] {dptl} :) true

01[13:48] {Threei}  bus, beau

[13:54] {dolores} CAT nice movement today

[13:55] {nemo} gild looks weak

[14:01] {goryl} Vad, will the room be open tomorrow?

01[14:01] {Threei}  room will be open of cpurse

01[14:01] {Threei}  I won';t be here but fear not

01[14:01] {Threei}  dp will

[14:02] {nemo} raven will be babysitting

[14:02] {dptl} lol

01[14:02] {Threei}  no, you will be babysitting and raven will be overseeing you

[14:02] {nemo} what a visual...a bird sitting overhead...not comfortable with that

01[14:02] {Threei}  good

01[14:02] {Threei}  we don't want you comfortable

[14:05] {dptl} you coming back monday?

01[14:05] {Threei}  Tuesday

01[14:05] {Threei}  monday is on the road

[14:05] {dptl} i see

[14:10] {dolores} i will be off thursday and friday

[14:11] {cc_8} i will be here though

[14:11] {nemo} goog ripping

[14:11] {nemo} well that gives me the warm and fuzzies

[14:11] {nemo} not

[14:12] {dptl} coh .80 s ?

01[14:12] {Threei}  I think so

[14:13] {nemo} no momentum anywhere

01[14:13] {Threei}  #Massachusetts: #Obama 55%, #Romney 40%

01[14:13] {Threei}  jeez nemo... this is how you do when not overseen

[14:13] {nemo} Mass never votes Republican...ever

01[14:14] {Threei}  good boy COH

[14:15] {nemo} think market in for a pop

01[14:15] {Threei}  1:1

[14:15] {dptl} out half

01[14:15] {Threei}  btw guys, don't forget to check nemo's over weekend writeup

01[14:16] {Threei}  there won't be e-mail with reminder

[14:16] {nemo} gonna' be relatively boring...have to update quarterly, monthly, and weekly levels...lotta' work

[14:17] {nemo} yeap, very stealthy break up

01[14:18] {Threei}  just record yourself doing rain dance, and it will be very entertaining

01[14:18] {Threei}  pinkish tutu...

[14:18] {nemo} just had this tweet come across:  I find the bacon shortage stories to be boring. First of all, I don't believe them. Second of all, I don't like "weird" econ stories.

[14:19] {nemo} Vad must be buying up all the inventory

01[14:19] {Threei}  yeah, I decided to corner pork belly market

[14:19] {Will49} yeah Vad, don't be piggish

[14:20] {Will49} or pinkish

[14:21] {nemo} anybody for a pru bounce play at .30ish?

[14:23] {dolores} .30?

[14:23] {nemo} .30ish

[14:23] {nemo} in that area

[14:24] {dolores} if it gets there+

[14:24] {nemo} yep

[14:24] {dolores} ok

[14:28] {dptl} stop to .75 coh

[14:29] {goryl} have a good trip Vad and don't forget to come back:)

01[14:29] {Threei}  thank you

01[14:29] {Threei}  I won't, I am not an east coast guy

[14:29] {dptl} out .54 

[14:29] {dptl} coh

[14:29] {Will49} ho hum...another boring win for dp

[14:31] {dptl} :)

[14:32] {scottie} nice dp

[14:32] {dptl} ty

[14:51] {dolores} CAT any trade?

[14:51] {dptl} clf .40 s?

[14:51] {dolores} back to the open

[14:51] {dptl} ah late

[14:52] {nemo} short

[14:52] {nemo} cat

[14:53] {nemo} could bounce .91 and then again .82

[14:54] {dptl} gmcr .60 s?

01[14:55] {Threei}  yup

[14:55] {nemo} two way imo

01[14:56] {Threei}  see .59 bid?

[14:57] {dptl} ye

01[14:57] {Threei}  don't be in hurry to nit it, makme sure there are enough sellers to melt it down

[14:58] {dptl} ye that what i was thinking too prepered .58

01[14:58] {Threei}  will, dp

01[14:58] {Threei}  local leaders debate pot decrim resolution. Many saying gov't needs to accept reality of pot use

01[14:58] {Threei}  get ready

[14:58] {Will49} ready:D

[14:58] {dptl} ye..about time lol

[14:59] {Will49} flags will be flying

01[14:59] {Threei}  and burning

[14:59] {Will49} lol

[14:59] {dptl} finaly dude

[15:00] {dptl} and then we gonna have vancuversdam

[15:01] {nemo} http://www.nydailynews.com/news/national/bottoms-university-tennessee-student-hospitalized-alcohol-enema-kills-article-1.1168506

[15:01] {Will49} :)

[15:01] {Will49} watch tourism exxplode

[15:01] {dptl} americans will be all over

01[15:01] {Threei}  delegates vote in favour of resolution calling for decriminalization/taxation of marijuana

[15:02] {dptl} make some room in your backyard Vad :)

[15:03] {Will49} BC Bud will be a big export number

01[15:03] {Threei}  no, I keep it for the time they allow red light districts

[15:03] {Will49} :O

[15:03] {dptl} roflol

01[15:04] {Threei}  ok GMCR

01[15:04] {Threei}  die

[15:04] {dptl} got .58

[15:06] {dptl} out half

[15:08] {dptl} out

01[15:11] {Threei} Long Setup:  CAT  .70 break hl

[15:13] {dolores} stop?

[15:13] {nemo} .60

[15:14] {nemo} oh

01[15:14] {Threei}  yeah, standard

[15:14] {nemo} the vxx is at 9.5  unbelievable

01[15:14] {Threei}  out

01[15:15] {Threei}  nice and easy

[15:15] {dolores} out

[15:15] {dolores} thxs

01[15:15] {Threei}  yw :)

01[15:15] {Threei}  gotta keep my job, ya know... lest I find upon return, it's all dp and nemo

[15:16] {nemo} I'm drinking for the next two days

[15:17] {dptl} nice cat....and i went outside .....

[15:17] {scottie} out +.19 tks Vad

01[15:18] {Threei}  yw

[15:18] {nemo} I think longs in order here

[15:19] {nemo} maybe not

[15:20] {nemo} mlnx

[15:20] {nemo} sorry

[15:27] {nemo} GS relatively strong...think tomorrow up

01[15:28] {Threei} Long Setup:  CLF  .10 break hl

01[15:29] {Threei}  don't ask where the stop or invalidation is

01[15:32] {Threei}  in on pullback

01[15:47] {Threei}  nah

[15:49] {dptl} see ya tomorrow all....and Vad have a good trip.....good evening

[15:49] {dolores} ok guys thxs. vad have a great conference !

01[15:49] {Threei}  OK guys, thank you all

[15:49] {dolores} see you monday guys

01[15:49] {Threei}  have a great eveningm, the rest of the week and weekend

[15:49] {Will49} have a safe trip Vad

[15:49] {scottie} have a nice trip vad

01[15:49] {Threei}  I will see you all next Text tuesday

[15:49] {scottie} gn all

[15:49] {dptl} see ya tue Vad

Sep 25 2012

As usual, we did well in dropping market, hitting a few nice short plays. My yesterday's sense of fear accumulating under the market surface materialized nicely today. 

Session Time: Tue Sep 25 00:00:00 2012

[08:38] {nemo} got my gap up so far

01[08:39] {Threei}  Spaon moves closer to apex of problems, bonds underperform in both Soain and Italy auctions... the worse the better

01[08:39] {Threei}  Spain

[08:46] {nemo} and the news is bought...strong market

[08:47] {nemo} case shiller at 9 should be interesting

[08:48] {nemo} if it's good, market rockets

[08:51] {nemo} there's the daily pre market spy stop hunt

[09:03] {jackharry} good morning

01[09:03] {Threei}  morning jack

01[09:03] {Threei}  *(US) JULY S&P/ CASESHILLER 20 CITY M/M: 0.44% V 0.75%E; Y/Y: 1.20% V 1.05%E; HOME PRICE INDEX: 144.61 V 143.70E

[09:03] {scottie} good morning

01[09:04] {Threei}  scottie :)

01[09:04] {Threei}  no reaction at all

[09:04] {nemo} stophunt again

[09:04] {nemo} to downside, must be going north

[09:05] {nemo} frickin' rabbit is nuts this morning

[09:08] {goryl} gm

01[09:08] {Threei}  goryl :)

01[09:13] {Threei}  -Spain Deputy PM Saenz commented that Catalonia is adding a new crisis for Spain. Spain rules out giving Catalonia control of tax revenue. Spain will activate regional liquidity fund this weekend. PM needs to know how much ECB would spend on debt.

01[09:14] {Threei}  (GR) IMF's Lagarde: Delays in implementing Greek bailout are expanding the financing shortfall; May downgrade global growth again

[09:15] {nemo} lvs strong pre market

[09:18] {Beau} gm

01[09:18] {Threei}  beau :)

[09:20] {dino} gm

[09:20] {ese} gm

01[09:21] {Threei}  dino, ese :)

[09:21] {robbers} gm

01[09:21] {Threei}  robbers :)

01[09:21] {Threei}  are charts OK for laser users?

[09:21] {scottie} charts blank here

[09:21] {scottie} trying to contact charles

[09:21] {ese} Ryder Cup week dino..........

01[09:21] {Threei}  not just me then

[09:21] {goryl} i switched chart server

[09:22] {goryl} #4

[09:22] {Will49} gm

01[09:22] {Threei}  and quotes?

01[09:22] {Threei}  will :)

[09:22] {ese} will

[09:22] {scottie} It works, thanks goryl

01[09:22] {Threei}  with which quote server?

[09:23] {goryl} still looking:)

[09:23] {scottie} #4

[09:25] {Beau} #4 seems ok

[09:29] {Beau} quote #6

[09:30] {dptl} gm

01[09:30] {Threei}  dp :)

01[09:30] {Threei} Long Setup:  LVS  .70 break hl

01[09:30] {Threei}  If holds  .60 

01[09:31] {Threei}  yikes

[09:31] {nemo} was gonna' say, two way loooked like

01[09:31] {Threei}  neither, jnust spread jumps

01[09:32] {Threei} Long Setup:  FCX  .60 break hl

01[09:32] {Threei}  If holds  .50 

01[09:33] {Threei}  target 1:2

01[09:34] {Threei}  stop to .54

01[09:35] {Threei} Long Setup:  CAT  89 break hl

01[09:35] {Threei}  1:1 FCX

01[09:36] {Threei}  CAT 1:1 if got it

03[09:36] * Retrieving #discussions modes...

01[09:37] {Threei}  slw

01[09:37] {Threei} Short Setup: SLW  .75 break

01[09:38] {Threei}  If holds  .85 

[09:40] {ese} L rosg .31

[09:41] {dolores} could not login

01[09:41] {Threei}  no go slw

[09:41] {dolores} GM

01[09:41] {Threei}  morning dolores

[09:41] {dolores} please any trade ongoing now?

01[09:41] {Threei}  no

01[09:41] {Threei}  FCX scalpers win

[09:42] {nemo} rht on break above highs

01[09:42] {Threei} Short Setup: AIG  34 break

01[09:42] {Threei}  If holds  .05 

[09:42] {nemo} missed it

01[09:44] {Threei}  AIG short valid

[09:45] {dolores} STOP AT .06?

01[09:45] {Threei}  yes

[09:45] {jackharry} cant short

[09:46] {scottie} can't short it

[09:46] {dolores} me neither

[09:46] {ese} L rosg avg .29

01[09:46] {Threei}  ok... anyone has it available and got it try for about .85

01[09:48] {Threei} Long Setup:  SLW  .85 break

[09:48] {robbers} got aig.

01[09:50] {Threei}  covered any partial yet?

[09:50] {scottie} wag l .20 ?

01[09:50] {Threei}  Invalidated  SLW 

01[09:51] {Threei}  WAG if holds .10

[09:51] {ese} hmmmmm rosg lookin a little too weak......maybe outta here

01[09:51] {Threei}  half out AIG, robbers

[09:51] {robbers} yep.

01[09:52] {Threei}  feel free to cover in full

[09:52] {robbers} out

[09:52] {ese} Lqcor .77

[09:53] {robbers} ty

01[09:53] {Threei}  sure thing

[09:53] {ese} out ..85

[09:53] {ese} +.08

01[09:54] {Threei} Short Setup: GDX  .55 break

01[09:54] {Threei}  If holds  .60 

[09:54] {nemo} COH

[09:55] {nemo} nevermind

[09:55] {nemo} number in 5 take a powder

01[09:56] {Threei}  half out GDX

[09:57] {nemo} looking for iwm/tna long when IWM get's in .00 area

[09:57] {nemo} depending on numbers

01[09:58] {Threei}  +4 v -5

01[09:59] {Threei}  scalpers win GDX

01[09:59] {Threei}  now house prices

01[09:59] {Threei}  .2 v .6

[10:01] {ese} out 1/2 rosg .44 +.15 stop to break even balance

[10:02] {dino} mack sm l .01

[10:03] {dolores} SWKS at break 24?

[10:03] {dolores} if holds .90?

01[10:03] {Threei}  worth a try but keep size small

01[10:04] {Threei}  no more than half lot

[10:04] {dolores} ok

01[10:04] {Threei}  it's a bit jumpy

01[10:04] {Threei}  with any luck, can go for 1:3

[10:05] {dolores} not sure it stayed here

[10:06] {dolores} better wait for your calls 

[10:09] {dolores} MOS lagging behind still red

01[10:09] {Threei} Long Setup:  GKLD  .05 break

01[10:09] {Threei}  GLD

01[10:09] {Threei}  If holds  172 

01[10:09] {Threei}  target .25 - .30

01[10:10] {Threei}  WAG finally

01[10:10] {Threei}  1:1

[10:10] {scottie} took too long, didn't take it :(

[10:11] {dolores} did not see it

[10:11] {ese} out in full rosh .49 +.20

[10:11] {ese} am done for the day

[10:11] {dolores} read the invalidated above and missed the next line!!

[10:12] {dino} gj ese

[10:12] {ese} tks

01[10:13] {Threei}  no go GLD

01[10:14] {Threei} Long Setup:  MOS  .35

01[10:14] {Threei}  ugh, late

[10:16] {nemo} UNP

[10:19] {dptl} vrx .05 long?

01[10:19] {Threei}  don't like the spread

01[10:19] {Threei} Long Setup:  CAT  89 break

01[10:20] {Threei}  If holds  .90 

[10:21] {dolores} too fast for me

[10:21] {scottie} same here

[10:21] {Will49} as me

[10:21] {dolores} went straight to .05

[10:21] {dolores} nice call

[10:21] {dino} fds sm l .22

[10:21] {dino} wide, gappy

01[10:26] {Threei} Long Setup:  CAT  89 break

01[10:26] {Threei}  If holds  .90 

01[10:26] {Threei}  deja vu

01[10:26] {Threei}  Invalidated  

01[10:27] {Threei} Long Setup:  CAT  .80 break

01[10:28] {Threei}  If holds  .70 

01[10:28] {Threei}  dino, watching Z?

[10:29] {dino} stop mack .86 -.15

[10:29] {robbers} cat having a nervous breakdown.

[10:29] {dino} trla drop

01[10:32] {Threei} Long Setup:  CAT  .70 break

01[10:33] {Threei}  double bottom

01[10:34] {Threei}  not holding

[10:36] {dptl} jcp .05 long?

[10:37] {dolores} CAT invalidated?

01[10:38] {Threei}  JCP no, too narrow

[10:38] {dptl} ok

01[10:38] {Threei}  CAT has no recognizable setup here

[10:38] {dolores} ok

[10:38] {dolores} not in

[10:40] {Beau} didn't last CAT trigger then stp?

01[10:40] {Threei} Long Setup:  CAT  .60 break

01[10:40] {Threei}  it did

01[10:40] {Threei}  target 1:3 CAT

01[10:41] {Threei}  1:1

[10:41] {dptl} len 37 long?

01[10:41] {Threei}  yes

[10:42] {dptl} ah...didt get it

[10:43] {scottie} tried to get it too dp, too fast

[10:43] {Will49} good call nevertheless dp

01[10:43] {Threei}  1:2 CAT

[10:43] {dptl} :)

[10:43] {dolores} today not my day

[10:43] {dolores} had a phone call and missed CAT

[10:43] {dolores} well..

[10:44] {Will49} only time I caught CAT was when it went against me

[10:44] {scottie} lol, me too

[10:45] {dolores} pity good entry

01[10:45] {Threei}  1:3

[10:45] {dolores} following it down

[10:45] {dolores} because teh bounce is better

[10:46] {Will49} CAT teaching me all kinds of lessons today

[10:47] {dolores} dino you still in fds?

[10:49] {dino} no stoppped at lod break

[10:50] {scottie} tsla s .50 ?

01[10:50] {Threei}  yes

01[10:50] {Threei}  is it shortable?

[10:51] {scottie} yes

[10:51] {dolores} yes

[10:51] {robbers} not here

[10:52] {robbers} (no shares available)

[10:52] {scottie} order was filled only for 161 shares

01[10:52] {Threei}  revenge for AIG

01[10:52] {Threei}  which you had and we didn't :)

[10:54] {dptl} vz

[10:54] {dptl} oops sorry

[10:55] {dptl} using my laptop...everything on one screen

[10:56] {dptl} oh boy it's going to be  +30 again in here

01[10:56] {Threei}  48% Think Obama Better Understands MiddleClass, 42% Say Romney

[10:56] {nemo} BIDU strong and pulling back, think it sees 116 today

01[10:57] {Threei}  they forgot to insert "how to destroy" I guess

[10:57] {nemo} 116.44 and then the 50sma is at 118.25

[10:58] {scottie} out tsla +.10

[10:58] {robbers} Or "how to screw".

[10:58] {scottie} too soon of course

[10:59] {Will49} the noobie curse of 'too soon"

01[10:59] {Threei}  it had no support down to .25

[11:04] {Will49} scottie..no offence, i was referring to myself (too soon)

[11:04] {dino} fds sm l ave .54

[11:05] {scottie} of "curse"

[11:05] {Will49} lol

[11:05] {nemo} feels like they're gonna' run this

[11:05] {nemo} l tna .21

[11:06] {nemo} BIDU taking off 

[11:08] {scottie} avt l .80 (bmr) ?

[11:08] {dptl} clf .40 long?

01[11:09] {Threei}  AVT yes, hl

01[11:10] {Threei}  CLF, not sure

[11:10] {dptl} missed avt again

[11:10] {scottie} avt went off without me

[11:11] {dptl} :) so fast today...breaks

[11:11] {dolores} nice short tesla

[11:12] {scottie} ty

[11:12] {robbers} yeah, wtg scottie

[11:13] {Will49} you da man scottie:)

[11:13] {scottie} :)

01[11:15] {Threei}  lol:

01[11:15] {Threei}  Plato says that the unexamined life is not worth living. But what if the examined life turns out to be a clunker as well?

[11:15] {nemo} drink?

01[11:16] {Threei} Short Setup: WFC  .50 break

01[11:16] {Threei}  If holds  .55 

01[11:17] {Threei} Short Setup: MCP  .39

01[11:17] {Threei}  If holds  .45 

[11:19] {scottie} wfc still valid ?

01[11:20] {Threei}  if reconsolidates for a fdew min

[11:22] {dolores} MCP not shortable

[11:22] {dptl} mcp no shorts

[11:23] {dolores} WFC ok?

[11:23] {jackharry} dolores, mcp should be shortable in laser, just cant hit bid

[11:23] {scottie} mcp in .39

[11:23] {dptl} you got it?

[11:23] {dolores} jack it does not take it

[11:23] {scottie} yes

[11:23] {dolores} stays blank

01[11:24] {Threei}  WFC, yes

[11:24] {dolores} thxs

01[11:24] {Threei}  try switching route to ARCA

[11:25] {dolores} in ARCA seems fine

[11:25] {dolores} is it on MCP?

01[11:25] {Threei}  for MCP, yes

[11:25] {dolores} mean triggered?

[11:25] {dolores} yes

[11:26] {dolores} in WFC

[11:26] {scottie} in .49

[11:28] {dolores} stop .56?

[11:28] {dolores} or .60?

01[11:28] {Threei}  .56

[11:29] {Will49} I need to go away and reexamine my life

[11:29] {Will49} or drink

[11:31] {dptl} what about avt .10 long?

01[11:31] {Threei}  nah

01[11:31] {Threei}  this move ran its course

[11:32] {dptl} k

01[11:33] {Threei}  MCP, with any luck should be good for .20 - .25

[11:36] {dino} out fds .85 ave, +1.33

[11:36] {scottie} wow

[11:36] {Will49} oooowwwweeee

[11:36] {dolores} nice

[11:36] {dino} thx

[11:40] {scottie} aria s .60 if holds .65 ?

01[11:42] {Threei}  yes

[11:43] {scottie} in .59

[11:43] {scottie} small

01[11:44] {Threei}  see AVT smackdown?

[11:44] {dptl} ye

[11:48] {dolores} WFC again with a stop at .60?

[11:48] {dolores} market slowing down

01[11:48] {Threei}  .55 trigger? look right

[11:50] {dptl} come one aria...die...

[11:51] {Will49} sing the song of death

[11:51] {dptl} got to use that stick

[11:54] {scottie} mcp half out

01[11:54] {Threei}  good boy MCP

01[11:55] {Threei}  takes its sweet time but works

[11:55] {dptl} nice..i could t short it niether with arca

01[12:00] {Threei}  covered in full

01[12:00] {Threei}  .22

[12:01] {scottie} mcp +.17 tks Vad

01[12:01] {Threei}  :)

[12:01] {jackharry} out at .22, +.18, thanks

01[12:02] {Threei}  yw

01[12:02] {Threei}  smooth and easy

[12:02] {scottie} good trade to train patience

[12:06] {scottie} Vad, could I borrow your 2X4 for aria?

[12:07] {dptl} ye

06[12:07] * Threei mails 2x4 to scottie

[12:07] {scottie} scottie hits aria on the head with Vad's 2X4

01[12:08] {Threei}  this is my prized one, incrusted with gothic letters "death be with you"... please send it back when done

[12:11] {scottie} sent it back to you, guess I don't know how to use it

[12:12] {cc_8} swing

[12:16] {scottie} cvs .10 if holds .15 ?

01[12:18] {Threei}  not sure

[12:18] {scottie} ok

01[12:18] {Threei}  WFC finally starts showing signs of death

01[12:18] {Threei}  cover half

[12:20] {dptl} coh 55 short?

01[12:21] {Threei}  think so

01[12:22] {Threei}  Potash Corp. About 20 miners said to be trapped underground at Rocanville potash mine in askatchewan after a fire in the mine - Canada press- The fire broke out at 02:00ET. 29 miners underground were told to move to a refuge stations after the fire broke out. Nine so far have been brought up from the refuge station. - Rescue teams are still fighting the fire which was started in a cable reel inside the mine.

01[12:23] {Threei}  I see no news for these sharp drops in SPY

[12:31] {scottie} coh s 55 if holds .10 ?

[12:31] {dptl} :)

01[12:32] {Threei}  12:20] {dptl} coh 55 short?

01[12:32] {Threei}  [12:21] {Threei} think so

[12:32] {scottie} oh !!

[12:35] {dptl} ok it's time aria...

01[12:36] {Threei}  (GR) ECB's Asmussen rejects concept of erasing parts of Greece debt- germany press

01[12:37] {Threei}  US) Fed's Plosser: Concerned the Fed at some point would be foced to sell asset- Does not believe the Fed can do much if growth remains weak.

01[12:39] {Threei}  remember my yesterday's incoherent musings about some fear brewing under the market surface?

01[12:39] {Threei}  this feeling increases by day

01[12:39] {Threei}  ARIA... start covering

[12:40] {dptl} out half

[12:41] {scottie} 100 shares only, waiting for +.10

01[12:41] {Threei}  here it is

[12:42] {scottie} there

[12:42] {dino} vxx l .70

[12:42] {dptl} scotty it's almost half a bottle of Stolychnaya :)

[12:43] {scottie} lol

[12:43] {dptl} bidding .41 for second part

[12:43] {dino} i do enjoy a stoly

[12:43] {dptl} me too :)

[12:45] {scottie} cvs .96 l ?

01[12:45] {Threei}  perverts

[12:45] {dptl} roflol

01[12:45] {Threei}  hmmm

01[12:45] {Threei}  nah, not liking this setup

[12:46] {scottie} ok

01[12:46] {Threei}  liking Stly in thw rold that offers Russian Standard, Iceberg, Grey Goose or Finlandia is just wrong

01[12:46] {Threei}  in thr world

[12:47] {dptl} i like finlyandiya too, but it's like everyday vodka for me

01[12:48] {Threei}  and Stoly is premium one??

[12:48] {dptl} yep....well for me :)

01[12:48] {Threei}  anfd there is such thing as "everyday vodka"?

01[12:48] {Threei}  I stand corrected - you are incorrigible pervert :)

[12:48] {dptl} lol

01[12:49] {Threei} Short Setup: MOS  .70 break

01[12:49] {Threei}  hl

01[12:50] {Threei}  If holds  .80 

[12:57] {dino} out vxx flat

01[12:59] {Threei}  1:1

[12:59] {robbers} out at .61

[13:00] {scottie} out .59 + 10 ty Vad

01[13:00] {Threei}  yw

01[13:01] {Threei}  just gathering lunch crumbles here and there

[13:03] {dptl} swk .10 long?

01[13:03] {Threei}  small shares

01[13:04] {Threei}  jumpy one

[13:04] {dptl} k

[13:09] {dptl} spn .90long?

[13:10] {dolores} vad how did you know that MOS brea?

01[13:10] {Threei}  MOS 1:2 for more patient ones

[13:11] {dolores} is weak even with market trying to bounce

01[13:11] {Threei}  sorry dolores, not sure I understand question

[13:11] {dolores} would have thought was more a wait and buy play

01[13:11] {Threei}  SPN 50/50

01[13:12] {Threei}  this is not really the way my thinking goes...

01[13:12] {Threei}  I watch fir setup to shape up

01[13:12] {Threei}  in this case it was a short setup that formed and triggered

01[13:13] {Threei}  there are a few setups I play,

[13:13] {robbers} Dolores, Vad's course on 111 trades is really helping me with pattern recognition.

01[13:13] {Threei}  my whole process of hunting for a trade comes to waiting for one of those to appear

[13:13] {dolores} ok

01[13:13] {Threei}  glad you like it robbers

01[13:14] {Threei}  out of everything I've written, this one is the most pragmatic one, as "shortcutty" as it gets

01[13:14] {Threei}  while A Taoist Trader is as "in-depth" as it gets

01[13:15] {Threei}  so I have all bases covered :)

[13:15] {scottie} avt l .14 if holds .05 ?

01[13:17] {Threei}  I think upside is limited on this

01[13:17] {Threei}  not worth the risk

[13:17] {scottie} ok

[13:21] {goryl} Vad, was the MOS play an inverse c&h?

01[13:21] {Threei}  you can view it as aggressive entry on inverted C&H, yes,

01[13:21] {Threei}  or as short into bounce

[13:22] {goryl} k, thanks

01[13:32] {Threei}  (GR) Grece Fin Min: Loan extensions may cost approx �13-15B- Note: Reports last week indicated that some creditors may be evaluating another debt haircut in order for the country to achieve sustainability

01[13:33] {Threei}  another debt haircut will take it to around waistline

[13:37] {dino} didn't they already cut private debt by 90%?

01[13:39] {Threei}  and called it haircut while I suggested "beheading"

[13:40] {scottie} wm .25 if holds .30 ?

01[13:41] {Threei}  setup is there but it's a struggle for 5 cents

[13:41] {scottie} ok

01[13:42] {Threei}  Spanish police clash with 'Occupy Congress' protesters near parliament in Madrid

01[13:42] {Threei}  did we export those idiots to Spain? or they have their own?

01[13:43] {Threei}  I mean if those are ours, we could chose less pleasant country to export them to

[13:43] {dptl} big .25 long?

[13:43] {dptl} or .20 short?

01[13:44] {Threei}  short setup looks better but it traveled quite enough already...

01[13:44] {Threei}  maybe for a quick scalp

[13:44] {dptl} ye....i'll skip it

[13:46] {dptl} met

[13:46] {dptl} .20 ?

[13:47] {dptl} short

01[13:47] {Threei}  yup

[13:48] {dptl} with stop .30? 

01[13:49] {Threei}  if it drops and triggers from here, can use .26

[13:49] {dptl} ok

[13:51] {nemo} cat

01[13:55] {Threei}  BIG delivered if anyone went for it

[13:55] {nemo} cat worth a shot to break below .00 if it does, I think it drops fast

[13:55] {nemo} stop above .10

[13:56] {nemo} having said that spy iwm look like ready to pop

[13:59] {dptl} invalidated met

[14:01] {scottie} coh l .90 if holds .80 ?

01[14:01] {Threei}  feels like a trap

[14:02] {nemo} I concur

01[14:02] {Threei}  not liking it

01[14:02] {Threei}  I'd rather short it

[14:02] {scottie} Please explain

[14:02] {nemo} but go ahead Scottie, we liek to watch

01[14:02] {Threei}  lol

01[14:02] {Threei}  look at 13:56 sharp red bar

01[14:02] {Threei}  volume spike

01[14:03] {Threei}  then slow recovery, volume drops

01[14:03] {Threei}  14:01, another red bar eliminating recovery, volume spikes again

[14:03] {nemo} no capitualtion volume

01[14:03] {Threei}  its high is lower

[14:03] {nemo} market is weak

[14:03] {dptl} bbby .28 short?

01[14:04] {Threei}  another series of slow upticks, volume dries up

01[14:04] {Threei}  this is all a materrial of downtrend continuation, not a bounce

[14:04] {scottie} I see it clearly, thanks

[14:04] {nemo} yeah dp

[14:05] {nemo} stop .38?

01[14:05] {Threei}  it's a bit cumbersome in words, but with little experience you just see that formation is not right

01[14:05] {Threei}  BBBY, chart is right but not much room for profit

[14:06] {dino} alex spike

[14:07] {nemo} well, all the Jews left for Yom Kippur

[14:09] {dino} alex sm s .06 stop hod

[14:10] {Beau} how will you play the spike nemo-sht 30?

[14:12] {nemo} would have

[14:12] {nemo} market getting very sloppy

[14:14] {dino} nus drop

[14:15] {Beau} should have asked dino, sorry 

[14:16] {dino} cov alex .76, +.30

[14:17] {Will49} nice to watch

[14:19] {nemo} short .99 cat

[14:20] {nemo} looking for .50ish

[14:20] {dptl} nav .65 short?

[14:20] {nemo} bidding .86 for some

[14:21] {nemo} ok

[14:21] {nemo} stop is .06ish

01[14:21] {Threei}  (CY) Cyprus said to be unlikely to receive bailout loan from Russia - financial press

[14:27] {dptl} bhi .40 short?

01[14:28] {Threei}  I'd do .45 aggressive

[14:28] {dptl} and what about nav .65 s?

01[14:30] {Threei}  yup

[14:30] {goryl} see you all tomorrow

01[14:30] {Threei}  take care goryl

[14:33] {dptl} nav invalidated

01[14:36] {Threei}  ditto BHI

[14:36] {dptl} ye

[14:37] {scottie} kors .80 l ?

01[14:38] {Threei}  I'd prefer pullback and entry around .60, for a clear double bottom

[14:38] {scottie} ok

[14:38] {dptl} what do you think about big now?

[14:39] {Will49} are you asking if size counts?

[14:39] {dptl} lol will

[14:39] {Will49} ooops, sorry

[14:40] {dptl} is it time to long on it?

[14:41] {dptl} not yet 

[14:41] {Will49} your'e talking to yourself dp

[14:42] {Will49} always a bad sign:)

[14:42] {dptl} well...dp people ...you know

01[14:42] {Threei}  I am very careful answering dp this kind of questions, ever since he asked me about the size of my monitor couple years ago

[14:42] {Will49} he he

[14:43] {dptl} :)

[14:48] {dptl} gmcr .50 long?

01[14:49] {Threei}  too fast

[14:49] {dptl} ye

[14:56] {dolores} is it me or feels like  market down 100 or more

01[14:56] {Threei}  -50, but it started positive

01[14:56] {Threei}  so...

01[14:56] {Threei}  (EU) ECB's Weidmann: Sees OMT bond buying program could do more negative than positive over the long-term - financial press

01[14:56] {Threei}  duh

[14:59] {scottie} nav s .60 ?

01[14:59] {Threei}  I think so

01[15:00] {Threei}  anf if it bounces here, I'd start looking for agressive entry

01[15:00] {Threei}  'cause me thinks we are to see more selling

[15:01] {dptl} clf 39 s?

01[15:02] {Threei}  yes

01[15:02] {Threei}  hl

01[15:02] {Threei}  pulp

[15:02] {dptl} missed sigh

[15:02] {dptl} oh got it now

01[15:02] {Threei}  offer .98

01[15:03] {Threei}  or hit .99 now

[15:03] {dptl} .10 stop?

01[15:03] {Threei}  .15

01[15:03] {Threei}  pukp

01[15:03] {Threei}  pulp

01[15:03] {Threei}  target about 45 - .50 cents if we get what I think we are about to get

[15:04] {dptl} that would be good

01[15:04] {Threei}  which is, to irritate the heck out of nemo, cascade

01[15:05] {Threei}  1:1

[15:05] {dptl} half out

01[15:05] {Threei}  stop to .03

[15:05] {nemo} pisdah

[15:06] {dptl} lol

01[15:06] {Threei}  yes colleague

[15:06] {nemo} hehehehe

01[15:06] {Threei}  :)

01[15:07] {Threei}  cascade, I an telling you... cascade...

06[15:09] * Threei hits CLF over the head with 2x4

01[15:09] {Threei}  effective swing

01[15:09] {Threei}  1:2

[15:09] {dino} guess i should've held vxx

[15:09] {dptl} out .66

[15:10] {dptl} ty

01[15:10] {Threei}  whimp

01[15:10] {Threei}  yw though

[15:10] {Will49} wtg dpti

01[15:10] {Threei}  look at my cascade

[15:10] {dolores} well now 100 real

[15:10] {dino} gj

01[15:10] {Threei}  told ya...

[15:10] {scottie} half out nav

01[15:10] {Threei}  a lot of fear was brewing

01[15:10] {Threei}  and still is

[15:12] {scottie} missed clf by a few seconds, good job dp

[15:12] {dptl} ty

01[15:12] {Threei}  wow... it bounced for secondry entey

[15:12] {dptl} ye i got on that pull back

[15:13] {scottie} was working on nav at the time

[15:13] {dino} alex sm s .32, stop .55

[15:13] {dolores} any entry CAT on bounce?

01[15:14] {Threei}  it forms db here

[15:14] {dolores} too late

[15:14] {nemo} bounced off 50 sma

[15:16] {dolores} now new sell off

[15:18] {scottie} gotta go, will be back tomorrow, good night all

[15:18] {Will49} be good scottie

[15:18] {scottie} no way

[15:19] {Will49} :D

01[15:21] {Threei}  take care scottie

01[15:22] {Threei}  Spanish police fire rubber bullets at anti-austerity protesters in Madrid

01[15:22] {Threei}  Greece, round 2

01[15:22] {Threei}  coming soon to country near you

[15:22] {Will49} can't even afford real bullets

01[15:23] {Threei}  reminded me a saying from Stalin times... "warning shot to the head"

[15:23] {robbers} lol

[15:23] {nemo} short covering into Yom Kippur could be strong

[15:26] {nemo} oh oh

01[15:27] {Threei}  I know how I can make nemo physically ill with one line

[15:27] {dptl} .65 l anf?

01[15:27] {Threei}  "cascade of dangling prepositions"

[15:27] {nemo} Hytraya Jopa

01[15:27] {Threei}  hard to tell ANF

[15:28] {dptl} lol nemo...getting better and better

[15:28] {nemo} I hear it all the time

[15:30] {dolores} on my watchlist the only green is JCP

[15:30] {dolores} has been hammered so much that now is green!

[15:31] {dino} cov alex .22 +.10

01[15:35] {Threei} Short Setup: CAT  .40 break

01[15:35] {Threei}  hl

01[15:35] {Threei}  If holds  .50 

[15:36] {dptl} in

[15:39] {dptl} out

[15:40] {dptl} ?..oops put wrong bid.....oh well...ty 

01[15:40] {Threei}  1:1

01[15:44] {Threei}  I just love this action

01[15:44] {Threei}  if this is sign of how October is going to be, I am salivating

01[15:45] {Threei}  1:2

01[15:45] {Threei}  me out

01[15:45] {Threei}  me happy

[15:45] {robbers} me too

01[15:45] {Threei}  day started a bit on a rocky side, what with fast moves hard to catch

01[15:45] {Threei}  and ended on a very jazzy note

01[15:45] {Threei}  interesting thing to me is,

[15:46] {Beau} no fills all afternoon with ARCA.  Hope that changes

01[15:46] {Threei}  you can shoot me, i can't tell where the sense of "fear brewing underneath" came from

01[15:46] {Threei}  but it was very distinctive

01[15:47] {Threei}  not even when they came back for secondary entry, beau??

01[15:47] {Threei}  both CLF and CAT did

[15:47] {Beau} nope.  and using laser

01[15:47] {Threei}  went over trigger, so it just had to be executed

01[15:47] {Threei}  I don't understand

[15:47] {Will49} ARCA worked all day for me

01[15:47] {Threei}  if you offer .38 and it goes to to .42

01[15:48] {Threei}  how can it not hit your offer?

[15:48] {Beau} was looking at it and just go by without even a hello

[15:48] {dptl} that is strange

[15:48] {dolores} many times i have two or three cents worse than market and it does not fill

01[15:48] {Threei}  something isn't right woth the way you route

01[15:48] {Threei}  wait

[15:48] {Beau} really confused.  sometimes offer not shown in ending box

01[15:49] {Threei}  do you have "route out" boxes checked?

[15:49] {Beau} pending

[15:49] {dolores} beau {i was told to change switch quote server on the menu above

[15:49] {dolores} laser as well

[15:49] {Beau} i'll check.  no problem earlier.

[15:49] {dolores} and change that whole column

01[15:49] {Threei}  rght click on level 2

[15:49] {dolores} charts, stast etc

01[15:50] {Threei}  look at the route out boxes in the right lower part

01[15:50] {Threei}  are they checked?

01[15:51] {Threei}  right column, middle section

[15:51] {Beau} nothing checked

01[15:51] {Threei}  OK

01[15:51] {Threei}  that's the reason

01[15:52] {Threei}  check them all

01[15:52] {Threei}  if they are not, ARCA will hit another ARCA only

01[15:52] {Threei}  if they are, it swipes everything

01[15:52] {Threei}  that's why they passed by you without saying hello - no one used ARCA at the moment

[15:53] {Beau} will do. son of a b  don't know it has been that way. 

[15:53] {Beau} must have just been lucky in past.

[15:53] {Beau} thanks vad.  appreciate it.

01[15:54] {Threei}  sure thing

[15:54] {dptl} see ya tomorrow all....good evening

[15:54] {Beau} you are as nice as nemo

[15:55] {Beau} wait, is that a compliment?

[15:55] {Will49} bye everyone...tomorrows another day (duh)

[15:55] {dolores} bye guys thxs

[15:55] {dolores}  see you tomorrow

[15:55] {dolores} I am off thursday and friday

[15:55] {dolores} going to Bibao

[15:56] {dolores} Bilbao

01[15:56] {Threei}  thank you all, have a good evening

01[15:56] {Threei}  see you tomorrow

01[15:56] {Threei}  I am not going to Bolbao but will be off too :)

[15:56] {dino} gn all, see you next week. 

[15:57] {Beau} nemo, have a minute?

Sep 24 2012

 Started the day shaky, caught up and turned into nicely positive later on, and finished with couple stops - all in all, slightly positive, nothing interesting happened.


Session Time: Mon Sep 24 00:00:00 2012
[07:38] {nemo} sheesh...what happened to QCOR?
[08:59] {goryl} gm
01[08:59] {Threei}  morning goryl
01[09:01] {Threei}  nemo... to answer you question earlier,
01[09:01] {Threei}  QCOR down 30% in the pre-markets on news of a U.S. Govt probe.
[09:02] {nemo} ahhh...been a rollercoaster
[09:02] {nemo} Google Chrome has become quite the resource hog
01[09:03] {Threei}  it may be one of extensions
01[09:04] {Threei}  a few weeks ago I went over them and killed non-essential ones, performance improved dramatically
[09:04] {nemo} I killed them all and the plug-ins...nope
[09:05] {jackharry} good morning
01[09:05] {Threei}  jack :)
01[09:05] {Threei}  mine takes about 2% memory, 11 tabs running
[09:08] {scottie} gm
01[09:09] {Threei}  acottie :)
[09:09] {dolores} hello GM
01[09:09] {Threei}  dolores :)
[09:19] {dino} gm
01[09:19] {Threei}  dino :)
[09:20] {Will49} gm
[09:20] {Beau} good morning all
01[09:21] {Threei}  will, beau :)
[09:25] {ese} gm
01[09:25] {Threei}  ese :)
[09:27] {nemo} qcor what a rollercoaster
[09:28] {ese} i'll say.........
01[09:29] {Threei}  damaged goods
[09:29] {ese} not sure i get the drift of it.........mostly becasue they can't get insurance on a product/experimental drug?
01[09:30] {Threei}  U.S. Govt probe today
01[09:31] {Threei} Short Setup: SLW  39 break
01[09:31] {Threei}  If holds  .10
01[09:32] {Threei} Short Setup: FCX  .10 break
01[09:32] {Threei}  If holds  .20
[09:33] {nemo} kbh offer
[09:33] {nemo} .26 had big offer
[09:33] {nemo} there it is
[09:33] {dolores} dont know why my computer restarted on its own
[09:33] {dolores} any calls?
[09:33] {nemo} gremlins
01[09:33] {Threei}  FCX just triggered
01[09:34] {Threei}  short
01[09:34] {Threei}  still valid if stays under .20
[09:34] {ese} pfe
01[09:34] {Threei}  SKW not ready yet but keep on radar
[09:37] {dolores} SKW?
[09:37] {dolores} or SLW?
[09:37] {nemo} slw
01[09:38] {Threei} Short Setup: SLW  .40 break
01[09:38] {Threei}  If holds  .45
01[09:39] {Threei}  FCX not a scalp, should be 1:3er
01[09:39] {Threei}  cover half SLW here
[09:39] {nemo} nsc .85 level
01[09:39] {Threei}  stop to .41
[09:39] {nemo} GS trading at bottom of range
01[09:40] {Threei}  no go FCX
[09:42] {ese} Lrmbs
[09:42] {ese} .51
[09:42] {ese} RMBS
[09:42] {nemo} LVS going...they took advantage of this weakness and are buying
[09:44] {dptl} gm
01[09:44] {Threei}  dp :)
01[09:46] {Threei} Long Setup:  X  .45 break
01[09:46] {Threei}  If holds  .40
01[09:47] {Threei}  Invalidated
[09:48] {ese} L RMBS avg .52
[09:49] {dolores} QCOR government investigation on promotional practices when it rains it pours
01[09:49] {Threei}  yup
[09:50] {scottie} tivo s 10 ?
01[09:50] {Threei} Long Setup:  MON  .10 breaj hl
01[09:50] {Threei}  If holds  91
01[09:50] {Threei}  target 1:3
01[09:51] {Threei}  TIVO rather looks bounce-ready
[09:52] {scottie} I see
[09:53] {ese} out rmbs .67 +.15 on 3k
01[09:54] {Threei}  wtg
[09:54] {ese} have to go in early all ...cya tomorrow
[09:54] {ese} tks vad
01[09:54] {Threei}  take care ese
[09:54] {nemo} why'd he bother to come in?
[09:54] {dino} he missed you
[09:54] {nemo} nice...wise ass answer
01[09:55] {Threei}  dolores got the tune perfectly :)
[09:56] {dolores} yes
[09:57] {dino} asml sm l .15
[09:58] {dolores} mon stopped
01[09:58] {Threei}  no go
[10:00] {nemo} lvs
[10:01] {nemo} had to enter before the break
[10:02] {dptl} cog .10long?
01[10:03] {Threei}  too narrow
[10:03] {dptl} ye, i see that now ty
[10:03] {scottie} intc l. .70 ?
01[10:04] {Threei}  nah
01[10:04] {Threei}  I'd rather look to short it
[10:04] {scottie} ok
01[10:05] {Threei}  .65 break
01[10:05] {Threei}  aggressive for .60
01[10:05] {Threei}  look at both intraday and daily
[10:07] {scottie} in .65
[10:07] {scottie} small
01[10:09] {Threei} Long Setup:  CAT  .25 break hl
01[10:09] {Threei}  Invalidated
[10:12] {dino} fds spike
01[10:12] {Threei} Short Setup: GLD  .95 break hl
01[10:13] {Threei}  If holds  .05
01[10:14] {Threei}  .60 is getting hit
01[10:14] {Threei}  on INTC
[10:17] {dptl} db .10short?
[10:17] {dino} asml stop -.29
01[10:17] {Threei}  GLD 1:1
[10:22] {dino} deck sm l .00
[10:22] {dptl} expe short?
01[10:22] {Threei}  .10 break,... worth a try but keep size small
01[10:23] {Threei}  INTC, cover first bit
[10:24] {scottie} 100 shares only, out +.10
01[10:26] {Threei}  why such size, INTC is not a dangerously thin stock
[10:27] {jackharry} out half INTC at .52, any target for balance?
01[10:29] {Threei}  it hasn't been this low since Nov 2011
01[10:29] {Threei}  nothing on reasonable time frame charts to indicate a valid support
01[10:30] {Threei}  doesn't react on market spikes
01[10:30] {Threei}  I'd say, let's cover another peice at 1:2 if it gets there, and then just trail
[10:30] {nemo} looks like we'll grind to close the gap
[10:30] {jackharry} ok, thanks
01[10:30] {Threei}  let it decide where it wants to halt the decline
01[10:31] {Threei}  *(US) SEPT DALLAS FED MANUFACTURING ACTIVITY: -0.9 V -1.6 PRIOR
[10:31] {dptl} stopped expe
[10:33] {dptl} fnsr .45 short?
01[10:34] {Threei}  no read, too low volume
[10:35] {jackharry} covered balance at .59, booked the profit after the 2 stops, thanks
01[10:35] {Threei}  yw
[10:36] {dptl} expe rinsed me
[10:36] {dino} i'm getting rinsed alot ths month dp
[10:37] {dino} 07 green
[10:37] {nemo} finnies green
01[10:38] {Threei} Long Setup:  GLD  .15 break
01[10:39] {Threei}  .05 stop
01[10:39] {Threei}  target 1:2
[10:41] {dino} can't take 'em down, gut says up they go
[10:41] {nemo} trend is ur friend
[10:41] {nemo} cnx
[10:41] {nemo} sorry
[10:42] {dptl} met .60 long?
01[10:42] {Threei}  stop to .09
01[10:43] {Threei}  I think so
01[10:44] {Threei} Long Setup:  AIG  .80 break
[10:44] {dino} ssys sm l .25 trig
01[10:46] {Threei}  GLD 1:1, half out
01[10:46] {Threei}  stop to .14
01[10:47] {Threei}  AIG 1:1
01[10:48] {Threei}  life looks brighter
[10:48] {scottie} target aig ?
01[10:48] {Threei}  1:2
[10:49] {dptl} nice aig...missed it steped out for a min
[10:54] {nemo} grind up, probably to weekly pivots 146.25 spy and 85.45 iwm
01[10:55] {Threei}  1:2
[10:56] {scottie} +.18 ty Vad
01[10:56] {Threei}  :)
[10:56] {thomcbell} nice AIG - Vad - funny i turned on my computer and it jumped out at me at the same time
[10:56] {robbers} ty
01[10:56] {Threei}  :)
01[10:57] {Threei}  GLD 1:2
01[10:57] {Threei}  out
01[10:57] {Threei}  life's good again
[11:01] {scottie} pfe l .70 ?
01[11:01] {Threei}  yes but don't count on much
01[11:04] {Threei} Short Setup: GLD  .20 break hl
01[11:04] {Threei}  If holds  .30
[11:08] {Beau}  1:2 ?
01[11:09] {Threei}  can't tell
[11:12] {dino} swks sm l .50
01[11:13] {Threei}  1:1
[11:13] {scottie} +.12 ty Vad
01[11:13] {Threei}  yw
[11:14] {jackharry} out at .02, thanks
01[11:14] {Threei}  Monday fog dissipated quickly... tunrs into a nice day
01[11:14] {Threei}  welcome guys
[11:14] {robbers} ty again
[11:23] {scottie} btu l .35 ?
01[11:24] {Threei}  I doubt it
01[11:25] {Threei}  looks like striggle for 5 cents
01[11:25] {Threei}  struggle
01[11:32] {Threei}  (EU) Finland Fin Min Urpilainen: Nations not trusting each other and markets not trusting political actions are creating a lack of confidence and the continuing crisis
[11:32] {nemo} bbby
[11:37] {dptl} swks .50short?
[11:39] {nemo} kors .35
[11:40] {dptl} in .48 swks
[11:41] {dolores} nemo you short?
[11:42] {nemo} looks short here was looking for .70 area to short into
[11:43] {nemo} chop and slop day
[11:49] {nemo} pivot and vwap converging .80ish area kors
[12:02] {nemo} ddd
[12:02] {nemo} damn
[12:04] {nemo} ntap
[12:04] {nemo} looks short
01[12:10] {Threei}  something is brewing underneath this market
[12:10] {nemo} looked for cannot be, listened for it cannot be heard, it's turmoil submerged
[12:10] {nemo} its
[12:11] {dptl} half out swks
01[12:12] {Threei}  these periods of activity disappearance are uncharacteristic for this time
[12:12] {dptl} takes foreever
[12:13] {nemo} probably like this until earnings season shows what's going on
01[12:13] {Threei}  feels like a whole lot of fear is being slowly amassed
[12:13] {nemo} or December 21st, whichever comes first
[12:13] {nemo} Hey dino,  Revis tore his ACL
[12:17] {dino} bummer
[12:17] {nemo} tna might be worth a try here
[12:30] {dino} i think sept is slower moving than aug was
[12:37] {nemo} yep
01[12:42] {Threei} Long Setup:  KORS  .50 break hl
01[12:42] {Threei}  If holds  .40
01[12:44] {Threei} Long Setup:  POT  .75 break
01[12:46] {Threei}  1:1 KORS
[12:53] {dptl} stop for pot will be is under .70?
01[12:53] {Threei}  .68
[12:53] {dptl} ok
[12:55] {dino} bth sm l .30
[12:57] {scottie} doc appointment, will try to get back before close
[12:57] {Will49} BOHICA
[12:58] {dptl} lol
[12:58] {scottie} yeah, right
[13:09] {dolores} pot still on?
01[13:09] {Threei}  weirdness takes over:
01[13:09] {Threei}  44% Think #Ryan Better Suited to Be President, 44% Say Same of #Biden
[13:10] {dolores} POT on?
01[13:12] {Threei}  no, but will be if stays between .70 and .75 for 3-5 min
01[13:18] {Threei}  Iranian President Ahmadinejad, in NY, says existence of Israel is a passing phase in Mideast history
[13:19] {dptl} met .30 short?
01[13:20] {Threei}  I think so but go for a quick scalp
01[13:20] {Threei}  maybe not even 1:1
[13:20] {dptl} ok
[13:20] {dptl} with stop  above .05
[13:21] {dptl} .35
01[13:25] {Threei}  Pot decriminalization debated by B.C.'s municipal leaders
01[13:25] {Threei}  that flag may become legal
[13:25] {Will49} yaaaaaa
[13:26] {dptl} ah...stopped met
[13:26] {Will49} the way POT has been trading this morning is criminal also
[13:28] {dino} deck sm l .75
[13:34] {dptl} gmcr .95 short?
01[13:35] {Threei}  can't tell
[13:37] {dolores} any other news on QCOR besides this morning breaking down again
[13:38] {dolores} lots of downgrades
[13:41] {nemo} dltr
[13:41] {nemo} ffiv
[13:41] {nemo} sorry
[13:42] {dino} deck stop
[13:43] {nemo} break the keyboard yet Vad?
01[13:43] {Threei}  why would I
[13:43] {nemo} your chin hitting it as you fall asleep
[13:45] {Will49} no response....must really be asleep
01[13:49] {Threei}  no, I just couldn't understand it, then I realized than nemo assumes I ever take my chin off the table
01[13:49] {Threei}  which I don't
[13:49] {dptl} nemo, you thinking .25 long dltr?
[13:58] {nemo} sorry,  was
[13:58] {nemo} this is algo chop day
[14:03] {goryl} see you tomorrow everyone
[14:03] {nemo} tpx
01[14:04] {Threei}  take care goryl
[14:09] {dptl} tpx .05?
01[14:10] {Threei}  ?
[14:11] {nemo} that would be reasonable
[14:11] {dptl} was looking at nemo's tpx ....was thinking break of .05 long
01[14:12] {Threei}  was .08 x .10 when I looked
01[14:18] {Threei}  Report: Some Facebook users see private messages published on timeline profiles from 2007-09
01[14:18] {Threei}  good thing I haven't discovered it up to 2011
01[14:20] {Threei}  NYSE volume 295M shares, about 15% below its three-month average
[14:21] {dolores} are we goig green today
[14:21] {nemo} probably
01[14:22] {Threei}  I think we are li8kely to get smacked as approach the gap
[14:22] {nemo} weekly pivot in IMW is .05 below flat, spy is 146.25
[14:23] {dptl} clf .30 long if stays above .20?
01[14:26] {Threei}  I'd prefer conservative entry
01[14:26] {Threei}  around .20 if pulls back
[14:26] {dptl} half out
[14:32] {dptl} out some more .43
[14:32] {dptl} want last above .50 may be
[14:36] {nemo} spy challenging the highs for the day
[14:36] {robbers} wtg dp.
[14:36] {Will49} way to go DP
01[14:37] {Threei}  nice
[14:37] {dptl} ty
[14:39] {dino} bth to .76
[14:40] {dino} out bth .73 ave +.41
[14:41] {dptl} out last .70 +.39
[14:42] {Will49} nice trading, you two
[14:46] {dolores} qcor nice bounce
[14:47] {nemo} yep, we're gonna go positive on spy financials are testing tehir highs, and likely to go to the WPPP
[14:50] {nemo} We gap up tomorrow
[14:52] {dino} end of quarter markups?
01[14:57] {Threei} Short Setup: CLF  .70 break hl
01[14:57] {Threei}  If holds  .80
01[15:00] {Threei}  no go
[15:14] {nemo} cree
[15:15] {nemo} at 200 SMA
[15:15] {nemo} and whole number
[15:16] {nemo} two way, with trend as friend
[15:17] {nemo} ahhh pulled a dino and stopped it in it's tracks
01[15:21] {Threei}  ok, some eod selling just has to come in
[15:24] {dino} lol
01[15:24] {Threei} Short Setup: HLF  .30 break
01[15:24] {Threei}  hl
01[15:24] {Threei}  If holds  .40
01[15:28] {Threei}  change to .40 break
01[15:32] {Threei}  stop level is exceedingly obvious
01[15:34] {Threei}  sigh
01[15:40] {Threei}  Amtrak to test trains at 165 mph in stretches between Maryland, Massachusetts
01[15:40] {Threei}  I hope it's different trainst and tracks, not just old ones with couple more horses...?
[15:43] {nemo} yeah, that's scary
[15:45] {Beau} pats playing the ravens this yr nemo?
[15:47] {nemo} You mean again?
[15:47] {nemo} Not unless they meet in the playoffs
[15:47] {Beau} sorry,don't follow the yankee teams
[15:48] {dptl} see ya tomorrow all....good evening
[15:48] {nemo} Baltimore is south of the Mason Dixon line
01[15:48] {Threei}  take care dp
[15:49] {Beau} didn't mean to smart ass.  just didn't remember they had played.
[15:50] {nemo} Last night Beau...don't worry, I would never think of using "smart" in conjunction with....
01[15:50] {Threei}  here comes my selling
01[15:54] {Threei}  thanl you all, have a good evening
01[15:54] {Threei}  see you tomorrow
[15:54] {dolores} thxs vad see you tomorrow
[15:57] {dolores} bye guys take care
[15:57] {dino} gn all