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
