Tuesday, September 25, 2012

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?