Session Time: Fri Oct 19 00:00:00 2012
[08:45] {dino} gm
01[08:49] {Threei} morning dino
[08:57] {nemo} so...two little does come in around last light at 5:30, so I have to sit there until they leave. Unfortunately after dark, I heard 3 more come in. They had a frickin' dinner party. I wasn't able to get down out of the tree until 8:15...wtf
[08:58] {dino} lol
[08:58] {nemo} I wish I had night vision, that stuff is kinda' interesting to watch
[09:00] {dino} you should see my border collie mis try to round them up in my yard, funny
[09:00] {dino} mis=mix
[09:00] {nemo} yeah, like useless
[09:00] {nemo} but I'm sure it's entertaining
[09:01] {nemo} I've gone soft in my old age...I can't shoot does when it looks like they have fawns with them
[09:02] {nemo} What cracks me up about fawns is they don't know to be afraid, they start coming over to you to check you out if they see you
[09:02] {nemo} just had our morning stop hunt in spy
[09:03] {goryl} gm
01[09:03] {Threei} goryl :)
[09:03] {nemo} that's your opinion
[09:14] {jackharry} good morning
01[09:14] {Threei} jack :)
01[09:14] {Threei} interesting how little market reacted on EU summit agreements
[09:15] {scottie} good morning
01[09:15] {Threei} scottie :)
[09:18] {Beau} good morning
01[09:18] {Threei} beau :)
[09:21] {Will49} gm
01[09:21] {Threei} will :)
[09:22] {ese} gm
01[09:23] {Threei} ese :)
01[09:23] {Threei} best line of yesterday: so little time, so much to redistribute
[09:24] {nemo} or expropriate
[09:24] {_1zach4} gm
01[09:24] {Threei} zach :)
[09:24] {ese} what was the context
[09:24] {ese} welcome to the board zach
01[09:24] {Threei} they had that dinner yesterday, ese, what its name
01[09:25] {Threei} where candidates make self-deprecating jokes and take zingers at each other
[09:25] {ese} ahhhhhhh
[09:25] {nemo} bunny makes alot of noise when she's chewing grass
01[09:26] {Threei} http://www.allvoices.com/contributed-news/13219263-al-smith-dinner-obama-and-romney-take-some-time-out-for-humour
01[09:29] {Threei} great... chinese conpany is bidding for AONE
01[09:30] {Threei} which received quarter of billion of taxpayer injection
[09:31] {nemo} spy bounce area .34
01[09:32] {Threei} Long Setup: FCX .25 break hl
[09:32] {nemo} iwm .64
01[09:32] {Threei} If holds .15
01[09:32] {Threei} Invalidated
01[09:33] {Threei} valid again, same setup
01[09:34] {Threei} Short Setup: SLW 39 break
01[09:34] {Threei} If holds .05
[09:35] {nemo} next spy level .17
01[09:35] {Threei} no go SLW
01[09:35] {Threei} FCX target 1:3
01[09:35] {Threei} 1:1
[09:36] {scottie} fortunately, was not in short-list
[09:36] {scottie} fcx too fast for me
[09:36] {Will49} as with me
01[09:36] {Threei} it returned for pickup
[09:36] {scottie} hi will
[09:36] {Will49} hi scottie
01[09:37] {Threei} perfectly tagged .26 - .27 on pullback
[09:37] {nemo} looking for spy bottom at .17
[09:37] {nemo} ltna .71
[09:38] {nemo} partialling along the way 10 o'clock numbers
01[09:38] {Threei} Long Setup: AIG .85 break
01[09:38] {Threei} If holds .80
01[09:39] {Threei} half out .94
01[09:39] {Threei} scalpers win
[09:40] {dino} lulu blood
01[09:40] {Threei} Long Setup: MET .50 break hl
01[09:40] {Threei} If holds .40
01[09:41] {Threei} Invalidated
01[09:44] {Threei} Short Setup: CAT .85 break hl
[09:44] {thomcbell} looking for a long setup in aig down here
[09:44] {ese} spyders downward spiral.........haven't seen any news....anybody
[09:44] {nemo} yeah, lotsa news
[09:44] {thomcbell} treasury to sell remaining stake this year
[09:44] {dino} lots of bad earnings ese
[09:44] {ese} what'd i miss
[09:44] {nemo} frickin' musicians
[09:44] {ese} ahhhhhhhh
[09:45] {dino} spy gap around 144.09
[09:45] {ese} lol
01[09:45] {Threei} economy greatly improved I guess :)
[09:45] {ese} ouch
[09:45] {nemo} l tna .42
01[09:45] {Threei} stop .91 CAT
[09:45] {nemo} stop under .32
[09:46] {nemo} partialling alll the way
[09:46] {ese} L fcx .80
[09:46] {nemo} pheww
[09:47] {ese} 1/2 .89
[09:47] {ese} .09
[09:47] {ese} +
[09:48] {ese} stop to even balance
[09:48] {nemo} l qld .62
[09:49] {nemo} stop qld .55
[09:50] {ese} stopped balance
[09:50] {ese} .80
[09:50] {ese} +.00
01[09:50] {Threei} Short Setup: LTD .70 break
01[09:50] {Threei} hl
01[09:50] {Threei} If holds .80
[09:51] {nemo} offering some .69 qld
[09:51] {nemo} o.k. cool
[09:51] {ese} bstop fcx .91
[09:52] {nemo} mmmhhhhh.....got "Little WIllie" in my head
01[09:52] {Threei} Long Setup: LEN .70 break
01[09:52] {Threei} If holds .60
[09:53] {dino} lulu hl l .50
[09:53] {ese} L .89
[09:53] {dino} fio l .00
[09:54] {nemo} stop to .50 tna
[09:54] {nemo} qld .60
[09:54] {dino} out fio .17, +.17
[09:56] {ese} good one dino
[09:56] {dino} out lulu .94, +.44
[09:57] {ese} extreme use of a 2 X 4 for fcx here in a second
[09:57] {dino} thx ese
[09:57] {nemo} ricin coated nails
[09:58] {nemo} I'm flattening for the numbers
[09:58] {nemo} out .59 tna
[09:58] {nemo} .99
[09:58] {nemo} .84 qld
[09:59] {dino} met l .35
01[09:59] {Threei} Invalidated LEN
[09:59] {dino} phm l .50
[09:59] {ese} and I thought that LEN was a nice fellow
[10:00] {nemo} ebay
[10:00] {ese} fcx stopped .89 even
01[10:00] {Threei} US) SEPT EXISTING HOME SALES: 4.75M V 4.74ME
[10:00] {ese} shoulda taken my .08 cents
[10:01] {nemo} qld
[10:01] {ese} massive increase don't you think
[10:01] {nemo} sorry
[10:01] {ese} .01 for home sales
[10:01] {ese} should send the market sky rocketing
01[10:02] {Threei} LTD 1:1
[10:02] {nemo} no...it's what the market does on the news and it's coming in
[10:02] {dino} perception is reality eses
[10:02] {nemo} 82.64 is WPP in IWM they might declaire victory and create a range day today. the Qs are just below the QPP
[10:03] {nemo} SPY very close to WR1
01[10:05] {Threei} Short Setup: CAT .80 break hl
01[10:05] {Threei} If holds .90
[10:06] {dino} out phm .64, +.14
[10:07] {ese} shorter stay bigger shs dino?
[10:08] {dino} yes. been tougher to get the .30-.40 moves latey
[10:08] {dino} lately
01[10:08] {Threei} CAT 1:1
[10:08] {dino} adjusting w/the times, you know ese
01[10:09] {Threei} LEN 1:2 close enough, out
[10:09] {ese} definitely
[10:09] {scottie} cat +.19 tks Vad
01[10:09] {Threei} :)
[10:10] {_1zach4} passed on LEN, thought it was invalidated
[10:11] {dino} met stuck, to b/e
01[10:11] {Threei} sorry, meant LTD
01[10:11] {Threei} lol
01[10:12] {Threei} LEN was invalidated
[10:12] {nemo} RVBD
[10:12] {_1zach4} ah that makes more sense lol
01[10:12] {Threei} looking at too many names
[10:12] {scottie} +.13 ltd tks Vad
01[10:13] {Threei} yw
01[10:14] {Threei} Short Setup: FCX .80 break
01[10:14] {Threei} If holds .90
[10:15] {dino} out met flat
[10:15] {ese} L vrtx .48
[10:19] {nemo} ASML looks short
[10:19] {ese} out .53
[10:19] {ese} +.05
[10:19] {nemo} dg
[10:19] {nemo} sorry
[10:19] {nemo} DG dino
[10:19] {ese} don't like the mrkt going against me here
[10:20] {nemo} that 48 level soaked up alot of volume
[10:20] {ese} oh sure.........bastard..............the second i get out
[10:20] {ese} vad wheres that vodka
01[10:20] {Threei} same shelf as always
[10:20] {ese} auch du miya!!!!!!!
[10:21] {ese} lol
[10:23] {nemo} OP EX friday?
01[10:23] {Threei} let's trail FCX to .86
[10:23] {ese} next isn't it
[10:23] {ese} hmmmmmm maybe not
[10:23] {nemo} this is 3rd trading week of month
[10:23] {nemo} musicians...what day is it
[10:24] {ese} ya...forgot about that
[10:24] {ese} ahhhhhhhh
[10:24] {ese} tuesday 1978
[10:24] {nemo} and you are blonde
[10:24] {ese} i might be............why?
[10:24] {nemo} you are...you forget...you're plastered all over youtube
[10:25] {ese} roflol
[10:25] {Will49} let's all get plastered
[10:25] {nemo} no dummie you though considering the women you have fronting your band
[10:26] {ese} which picture.........the one with the vodka bottle in the left hand and am leaning over to the right?
[10:26] {nemo} youtube...not pictures
01[10:26] {Threei} don't mention those nemo... you are giving dp heart attack
[10:26] {nemo} dp is not here
[10:26] {Will49} the bully-in-chief is at it again
01[10:26] {Threei} he will have his heart attack when reads the log
[10:27] {nemo} hey, if it's time to punch his ticket..so be it
[10:27] {ese} L phm .98
[10:27] {nemo} just doing my job
[10:27] {nemo} helping souls transition
[10:27] {nemo} whether they want to go or not
[10:27] {nemo} btw...won't be here on Monday
01[10:27] {Threei} every time he sees those girls he whispers "I want to be ese"
[10:28] {ese} good..........i'm mean...........ahg too bad
[10:28] {nemo} I'm going to spend some time with coeds at a local university
[10:28] {nemo} rvbd
[10:29] {ese} phm.............18 break........come on
01[10:30] {Threei} FCX 1:1
[10:31] {ese} will.......hows the weather in your end of town.........it's sunny and 25 degrees C in my end.........
01[10:32] {Threei} lol
01[10:32] {Threei} I want what you smoke ese... obviously good stuff
[10:32] {ese} lol
[10:32] {Will49} yeah, just balmy trade winds blowing in from Maui
01[10:33] {Threei} btw ese... have you seen my Pioneer square series?
[10:33] {ese} good comeback
[10:33] {ese} no
01[10:33] {Threei} http://photography.realitytrader.com/2012/10/pioneer-square.html
[10:34] {ese} very nice
[10:35] {ese} thats the square accros from the ymca?
01[10:35] {Threei} Quadra, near the church
[10:36] {Will49} 5 min walk from my place
[10:36] {ese} in all the years i've been here i've never walked through it
01[10:36] {Threei} oh boy
[10:37] {Will49} and there's no more room to bury you there
[10:37] {ese} lol
[10:37] {Will49} closed end fund
[10:38] {Will49} that doesn't make any sense
01[10:39] {Threei} if SPY loses 144.80, we might get really good selloff
[10:39] {ese} you put money in but nothing comes out the other end
01[10:39] {Threei} financial constipation?
[10:40] {ese} ? lol
[10:40] {ese} nice description
[10:41] {ese} where cipher.........he normally shows up for 10 minutes makes a K or two and then leaves
01[10:41] {Threei} he is slacking today
01[10:41] {Threei} die FCX
[10:42] {ese} phm.........it's looking like one of your textbook examples vad........techniques of tape reading
01[10:42] {Threei} nice JBE but needs market help
[10:42] {nemo} asml just bolted
[10:43] {ese} fcx is a big time mrkt follower.....won't die if spders take off up
[10:43] {ese} ya
01[10:43] {Threei} trailing stop for the balance to .76
01[10:44] {Threei} that's third win a row... want to make it third 1:2 in a row, but don't want to keep it at b/e still, after such long consolidation
[10:45] {ese} which stock vad?
[10:46] {ese} lost track
01[10:47] {Threei} FCX
01[10:47] {Threei} 10:14] {Threei} Short Setup: FCX .80 break
01[10:47] {Threei} [10:14] {Threei} If holds .90
[10:47] {ese} tks
[10:48] {thomcbell} lonmg setup qcom 59.30 break if holding 59.20
[10:49] {thomcbell} could be 2 sided
01[10:49] {Threei} ES) Spain region of Asturias requests �261.7M in aid from Autonomous Liquidity Fund (FLA) - financial press- Reminder: Earlier today the Spain region of Balearic asks for a �355M bailout from the Autonomous Liquidity Fund
01[10:50] {Threei} (IE) Ireland Central Bank Official: Ireland's banks still face significant challenges, but are close to the point where state guarantees can be withdrawn
[10:50] {ese} ok ...theres a new one on me......whats the Autonomous Fund......something based in Spain
[10:51] {thomcbell} qcom long invalidated obviously
[10:51] {ese} ya.......was watching that Thom
01[10:52] {Threei} if I am not mistaken, Ireland is about the only country that implemented tax cuts as one of measures of fighting off the crisis
01[10:53] {Threei} jack, is it so or I am confusing something?
[10:53] {thomcbell} aapl moment of truth here - vulnerable on the daily
[10:54] {nemo} nah, they should go down to test support, moment of truth is 620 area
[10:56] {jackharry} They made some initial reductions around 2010, but have since put them back up
[10:56] {jackharry} massive cuts in public spending, big reductions in public sector pay
[10:56] {jackharry} and big reductions in numbers employed by the state
01[10:56] {Threei} right
[10:57] {Will49} any leprecons (sp) get laid off?
[10:57] {jackharry} although the one of the taxes they didnt increase was corporation tax on companies, it is very competitive
[10:58] {ese} wel..........at least they cut back staff at the golf courses........that would be disasterous Jack
[10:58] {ese} they didn't
[10:58] {nemo} http://www.bloomberg.com/news/2012-10-18/power-hogs-targeted-by-france-in-big-brother-legislation.html
01[10:58] {Threei} so, does is it really look like Ireland climbs out of the crisis?
[10:59] {jackharry} still in really bad shape, but ceretainly better than some others
01[10:59] {Threei} got it, ty
01[10:59] {Threei} France is so done...
01[10:59] {Threei} FCX, finally
01[10:59] {Threei} third 1:2er in a row
01[10:59] {Threei} makes day brighter
[11:00] {scottie} didn't take my bid yet
[11:00] {dino} re france, sooner or later they will run out of other peoples' money
[11:01] {ese} thats is a very bizzare article vad
[11:01] {nemo} social engineering run amok
01[11:01] {Threei} that's what socialism does ese
[11:01] {nemo} the utility is now owned by the government
[11:01] {dino} atlas shrugged happening in real time
01[11:02] {Threei} you may not believe it but socialistic world is beyond bizzare
[11:02] {ese} true but at least democratic...........try it for a while.......get ticked ..vote em out
01[11:02] {Threei} I just wish you lived ikn it for a few month
01[11:02] {Threei} you would change your world view in a hurry
[11:03] {scottie} out fcx +.18 tks Vad
[11:03] {ese} I like Denmark.........they seem to be doing it right
[11:03] {dino} gj
01[11:03] {Threei} in particular, you'd shudder at the thought of Obama second term or NDP ever taking power in Canada
01[11:03] {Threei} scottie :)
[11:04] {Will49} we pay a penalty(higher rate) in BC if elect usage exceeds base
[11:05] {Will49} nothing wrong with that..just focuses attention on waste
[11:05] {dino} wouldn't it be easier and better to build now power plants
[11:05] {ese} socialism can be abused for sure.........but health care here in Canada was created by a socialist gov't ...Tommy douglas in Saskatchewan........
[11:06] {nemo} here comes the aapl test
[11:07] {Will49} dino...good question; beyond my pay scale
[11:07] {ese} mine as well
[11:07] {dino} :)
[11:07] {dino} sm l tnc ave .95, thin
01[11:08] {Threei} SPY as foretold... selling off nicely
01[11:08] {Threei} FCX 1:3... awww
[11:09] {ese} and besides vad..........it ain't gonna matter which gov't where for you...........you'll be able to make money in all situations
01[11:09] {Threei} you think?
01[11:10] {Threei} let me give you this mental exercise
[11:10] {_1zach4} nice CAT trade
[11:10] {dino} wow! ese, obamination wants us "speculators" to go to 50%
[11:10] {_1zach4} 1:8 at this point
01[11:10] {Threei} your favorite president remains in the office,
[11:10] {ese} whoa
01[11:10] {Threei} and unretsrrained by the next election, goes ahead and implements transaction tax
01[11:11] {Threei} what do you think I am going to do for a living?
[11:11] {ese} ok........thqt just changed my mind
[11:11] {ese} he's out
[11:11] {Beau} you mention Canada's health care. We hear so many negatives, what is the truth? Is it a good system or not?
[11:11] {dino} capital gains to ordinary income rate, will kill inovation, traders, investors, etc
01[11:11] {Threei} beau... it's a mixed bag
[11:11] {thomcbell} aapl getting smacked pretty good
[11:11] {jackharry} Great quote from Margaret Thatcher - ”The problem with socialism is that eventually you run out of other people’s money.”
01[11:12] {Threei} while most of medical services are free and guaranteed, the lineups for many of them are unimaginable for US
[11:12] {Will49} Canada has much healthier people and health care way lower than US, so depends on how you measure
01[11:12] {Threei} there are scores of people waiting for surgeries for years
[11:12] {Will49} only elective surgery Vad
01[11:12] {Threei} those same surgeries that are doen in US in a matter of days or weeks
[11:13] {_1zach4} Is it true that people go to vets for things like x-rays?
01[11:13] {Threei} well, hip or knee replacement, will
[11:13] {Will49} and you can go to private clinics if you don't want to wait
01[11:13] {Threei} yes but then you pay
01[11:13] {Threei} and you already paid for it through your taxes
[11:14] {Beau} pay private full cost?
01[11:14] {Threei} sure
01[11:14] {Threei} knee replacement is not really an elective surgery
[11:14] {Will49} depend how you look at it. If everything was covered, tax much higher
[11:14] {Will49} most seniors I know in Victoria only wait a month or tow for knees, hips
[11:15] {Will49} two
[11:15] {Will49} so...on what criteria would you judge health care systems?
[11:16] {dino} availibility of when i want it
[11:16] {dino} tnc stop
[11:17] {ese} rock bottom.........it's not perfect but it's certainly better than if we didn't have it.......
01[11:17] {Threei} will... that's way out of times quoted everywhere I look
[11:17] {Will49} and better than most mixed systems in the world
[11:17] {nemo} l tna .91
01[11:17] {Threei} 3-5 years waiting times
[11:17] {nemo} stop under .85
[11:18] {ese} definitely
[11:18] {Will49} Vad...don't believe everyhting you read in media
[11:18] {nemo} partialling all the way
[11:18] {dino} lulu hl l .80
[11:20] {nemo} funny how spy bounced right at a fib level, look for db formations here
[11:20] {nemo} out tna
[11:20] {nemo} got 1:1 on half
[11:21] {nemo} o.k. serious bottoming volume coming in spy
01[11:21] {Threei} official stats:
01[11:21] {Threei} Since 2005, Ontario has achieved significant wait time reductions in the following areas: cancer surgery (23.5 per cent or 19 days); cataract surgery (61.4 per cent or 191 days); hip replacement (45.6 per cent or 160 days); knee replacement (55.2 per cent or 243 days); CT scans (54.3 per cent or 44 days).
01[11:21] {Threei} that's REDUCTIONS!
[11:21] {nemo} and Vad will never have to worry about having brain surgery
[11:22] {nemo} they may want to try and test 144 on spy
[11:23] {Will49} I don't know th official times in BC but know a dozen old curlers in my club who got knee replacement very quickly
[11:24] {ese} me either.......don't know the stats but when my wife's dad need open heart surgery to repare a valve........it got done within days
[11:25] {Will49} any condition that requires immediate attention -gets it
[11:25] {ese} seems like
[11:26] {dino} out lulu .20, +.40
[11:27] {scottie} gj dino
[11:27] {Will49} anyway...this system is recognized world over as one of the best based on level of health in population, infant mortality AND cost to deliver
01[11:27] {Threei} greater victoria hispitals are one of the shorter time waits for that particular surgery, will - 37 weeks average
[11:27] {ese} the other part to this is our population base....considering we only have a population of approx 40million ...to have it funded at all is pretty good i think.............USA ...what.......almost 400 million.........somebody hoarding some dollars somewhere
[11:28] {Will49} lived in US...best health care in the world (if you can afford it)
[11:28] {ese} hows it done.......through insurance
01[11:28] {Threei} 3 weeks in US
[11:29] {ese} if so we know how that gets bilked..........
01[11:29] {Threei} hat's 12 times difference
[11:29] {Will49} yes, private insurance
01[11:29] {Threei} that btw on top of waiting for initial consultation - two-three times longer in Canada
[11:30] {ese} ya.........and everyone trys to overcharge that system
[11:30] {Will49} obviously , wait times for non-critical issues are not detrimental to good overall health care
[11:31] {Will49} US wait times are excellent...no argumant there
[11:31] {Beau} stent in LAD 2 hrs after need determined, medicare not private
[11:32] {ese} wheres that beau?
[11:32] {Will49} just sayin.....wait times are not optimum way of measuring benefits of health care system
[11:32] {Beau} Texas and we really are part of US.
01[11:32] {Threei} lol
[11:33] {ese} lol
[11:33] {dino} lol, glad it is
01[11:33] {Threei} 7c% just run again my photographer's profile
01[11:33] {Threei} 7x5
01[11:33] {Threei} http://www.sevenbyfive.net/photos/photo-profile-vadym-graifer/
[11:34] {ese} i'm gonna be close to there at the end of April.....Lafayette for a music festival with my high school R&B band
[11:34] {Beau} where ese?
01[11:34] {Threei} Long Setup: FCX .45 break
01[11:34] {Threei} If holds .40
[11:35] {ese} LSU.....Louisiana State University
[11:36] {ese} and possibly New Orleans as well
01[11:36] {Threei} Invalidated
01[11:36] {Threei} ese... do you have 5min 38 sec of free time?
[11:36] {ese} i think so why
01[11:37] {Threei} watch where slow creep of socialism took USA:
01[11:37] {Threei} http://goo.gl/iiFvb
[11:37] {ese} have to go to the washroom but other than that
[11:37] {Beau} Baton Rouge, first time there ese?
01[11:37] {Threei} those are cold hard humbers
[11:38] {thomcbell} aig long setup - 35.96 break if holding 35.85
[11:38] {ese} Yes......wheres Baton Rouge.......Lafayette is different isn't it
01[11:38] {Threei} FCX is valid again
[11:38] {ese} or are they side by side
01[11:41] {Threei} scalpers stop .39, day traders .34
[11:42] {nemo} now it's defecate or get off the commode for aapl
[11:44] {Beau} ese, Lafayette 2hrs west. New Orleans is only 1 1/2 hours east.
[11:45] {Beau} Great food . If you have time think about going to NO. If you haven't been there before.
[11:46] {ese} Ok......pretty straight forward explanation explanation vad.........
[11:46] {ese} interesting video
[11:46] {ese} You live in Baton Rouge right beaU?
[11:47] {Beau} No, that is LA. I am in TX about 4 hours west of Baton Rouge.
[11:48] {Will49} thought you might live in Beau-Mont
[11:48] {Will49} :)
[11:48] {Beau} ever been to New Orleans ese?
[11:48] {ese} no never
[11:48] {Beau} lol will.
[11:49] {ese} hope we can get there..........
[11:49] {Beau} you really need to go. Jazz in the
[11:49] {nemo} ltna .81
[11:49] {nemo} break of .80
[11:49] {Beau} French Quarter will put you in heaven
[11:49] {ese} definitely want to see preservation hall
[11:50] {nemo} got to hold low here iwm
[11:50] {thomcbell} nemo - aapl
[11:51] {nemo} nope
[11:52] {nemo} yeah aapl in trouble now looking to 614ish
01[11:53] {Threei} no go
[11:53] {nemo} below that 600
01[11:53] {Threei} wow, selling just won't stop
[11:53] {ese} What does this mean: 18 October, 2012 9:03:12 AM PDTFreeport McMoran Copper & Gold Inc Exec: Copper concentrate markets to remain tight for the next two years- Spain smelter produced record volumes in July 2011-12 period. - 2013 copper treatment and refining charge (TC/RC) pricing to be in line with 2012 pricing, around $63.50/tonne - Source TradeTheNews.com
[11:53] {ese} in particular ...the remeains tight comment
[11:54] {ese} limited supply?
[11:54] {ese} that would drive prices up
[11:54] {ese} ?
01[11:55] {Threei} that's what he says ese
[11:55] {ese} ok
01[11:55] {Threei} how true it is remains for anyone to gauge
[11:55] {ese} that would explain the $60 target from some analysist
01[11:55] {Threei} further economy slowdown can easily turn it into opposite
[11:56] {ese} ya definitely
01[11:56] {Threei} (IT) Italy Econ Min: Italy financial transaction tax (Tobin) scheduled to go into effect on Jan 1, 2013 assuming parliamentary approval; will not apply to govt bonds -
[11:56] {nemo} o.ki. here's the 144 test. .86 next level below
01[11:56] {Threei} so ese... the day we see such headline about USA, I move in your house
[11:57] {ese} lol
[11:57] {ese} I'll take ya any day vad
01[11:57] {Threei} and I am not paying rent
[11:58] {ese} definitely not
[11:58] {nemo} we're very close
[11:58] {dino} funny, doesn't apply to govt bonds, that says it all
01[11:58] {Threei} sure
01[11:58] {Threei} they want them to buy those
[11:59] {thomcbell} wow that is too much
[11:59] {nemo} ltna .54
[11:59] {ese} i'm not sure i get the full meaning of that.......
01[11:59] {Threei} which part?
[11:59] {thomcbell} comedy
[11:59] {ese} not to apply to govt bonds.......rather the implication
[11:59] {dino} if it was such a good idea, then why not tax govt bonds
[12:00] {ese} hmmmmmmm
[12:00] {dino} it will hurt markets thats why
[12:00] {nemo} stop below low iwm
01[12:00] {Threei} they want to tax any transaction in financial sphere: stocks, futures, commodities, whatever,
01[12:00] {Threei} but they want bond buyers to continue buyikng their debt, so they make exception for that
[12:00] {ese} ah ok
01[12:03] {Threei} Weakness in key earnings reports are weighing on indices this morning. McDonalds, General Electric and Microsoft are in the red this morning after disclosing troubling earnings reports
01[12:12] {Threei} Short Setup: CAT 84 break
01[12:12] {Threei} If holds .10
01[12:15] {Threei} 1:1
[12:15] {nemo} below this .62 on spy
[12:15] {nemo} .65 on iwm
01[12:16] {Threei} 1:2 close enough
01[12:16] {Threei} out .83
[12:17] {nemo} yeah, capitulation volume in spy here
01[12:17] {Threei} got back that FCX stop and then some
01[12:20] {Threei} Short Setup: GLD .50 break hl
01[12:20] {Threei} If holds .60
[12:20] {nemo} l .81
[12:20] {nemo} tna
01[12:20] {Threei} two-sided probably
[12:20] {nemo} partialling all the way
[12:21] {nemo} that could be the bottom based on that spy volume
01[12:21] {Threei} and GLD made higher low
[12:21] {nemo} yeah yeah yeah
[12:21] {dino} fio l .65
[12:22] {nemo} if we get pullback .85 area for tna, consider it a gift
[12:23] {nemo} RVBD
[12:24] {nemo} volume dropped on this pullback spy iwm fas
[12:24] {nemo} vwap run possible
[12:26] {dino} atk spike
[12:28] {nemo} frickin make a liar out of me
[12:28] {dino} out fio .74, +.09
[12:28] {nemo} iwm in fib confluenece spy still above low
01[12:31] {Threei} SPY, double bottom or bust
01[12:32] {Threei} needs to take 144 to break the downtrend
[12:35] {nemo} done
01[12:37] {Threei} 1:2 on a long side
01[12:37] {Threei} out
01[12:38] {Threei} pretty happy with how today goes
[12:43] {ese} ok......i'm toast here......gotta go catch you all monday....have a great weekend everyone
[12:44] {Will49} be good ese
01[12:46] {Threei} take care ese
01[12:47] {Threei} #Florida: #Romney 51%, #Obama 46%
[12:48] {Will49} hope that keeps up for another few weeks
[13:01] {dino} me too
[13:06] {Will49} evn tho Mitt may not be able to make any really big changes, at least I'll be happier
[13:07] {Will49} not having to look at that toothy, fast talking face
[13:13] {nemo} all these polls...
[13:14] {Will49} as I keep sayin"...only one that counts is election day
[13:14] {nemo} here come the VWAP runs
[13:30] {nemo} He can't make any changes...bureaucracy and Congress and regulation
[13:30] {nemo} that's it
[13:30] {nemo} if he has a split congress he can veto stuff
[13:30] {nemo} if one or the other party owns hit, he be overridden
[13:31] {nemo} we will eventually go the way of Europe
[13:31] {Will49} sad
[13:31] {nemo} nature of things
[13:32] {Will49} hope he (or Barry) can keep this ship from tipping over in the meantime
01[13:32] {Threei} look how perfectly SPY dropped on daily off that upper descending line O spoke of two days ago
01[13:33] {Threei} the political will required to fix things for real is incredbile... hard to see it happening
01[13:33] {Threei} not in democracy
01[13:34] {Threei} we need benevolent dictator to make it happen
[13:35] {Will49} we'll need to wait for this generation of "me first" leaders to die off
[13:36] {nemo} you think this generation is different from any other?
[13:36] {Will49} absolutely
[13:36] {nemo} plu ca Change plu cest le meme Chose
[13:36] {Will49} the "me" generation in spades
01[13:37] {Threei} how next generation will help? problem is, pressure from beneath won't allow any of perks and entitlements to be cut
[13:37] {nemo} nope...Tocqueville
01[13:38] {Threei} as far as each particular indidual is concerned, a) it's not his fault and b)his entitlement is the right one
[13:39] {nemo} everybody is "after me you come first"
[13:39] {Beau} those who must legislate and regulate think only of being re-elected and re-appointed. So how will anything change?
[13:39] {nemo} [13:36] {nemo} plu ca Change plu cest le meme Chose
[13:40] {Will49} amen Beau
[13:40] {nemo} collapse, massive dislocations cause change but not as much change as one would think. "Gains" are relatively temporary
01[13:40] {Threei} right, which also indidcates again that it's our doing and our fault - because it's us who won't bote for those who cut our entitlements
[13:41] {Will49} amen Vad
[13:41] {nemo} Stalin was right
01[13:41] {Threei} if we did, they'd work to change things
01[13:41] {Threei} we don't - they work to keep status quo rolling
[13:41] {Will49} somebody said that a democracy gets the government it deserves....well?
[13:42] {nemo} there are two other huge themes that people aren't accounting for (dangling preposition aside)
[13:42] {nemo} Energy is likely bottomed as far as cost, which Energy=Life. Makes it harder to expand prosperity, and....robotics
01[13:43] {Threei} been a good while since we saw such determined selling
[13:57] {nemo} coming into confluence on spy iwm and financials
[13:58] {nemo} .37 IWM ,20 SPY 16 financials
[13:58] {nemo} xlf
[13:59] {nemo} Qs at .34 multiple levels
[14:05] {nemo} there we go
[14:16] {dino} back in 30
01[14:17] {Threei} watvhing SLW for bounce
01[14:17] {Threei} Long Setup: SLW 39 break
01[14:17] {Threei} If holds .95
01[14:17] {Threei} half out
01[14:17] {Threei} scalpers be happy\
01[14:18] {Threei} what's that button say... "that was easy!"
01[14:19] {Threei} scalpers win
[14:32] {scottie} system froze, had to reboot
[14:33] {scottie} Are we into something ?
01[14:33] {Threei} no, not after SLW scalp
[14:33] {scottie} tks
01[14:33] {Threei} well, right answer would be "in coma"...
01[14:34] {Threei} but if you insist on "into" instead of in, then right answer would be: no, except nemo who is heavy into glue sniffing
[14:35] {nemo} ?
01[14:35] {Threei} never mind :)
[14:36] {scottie} bad nemo ...
[14:37] {nemo} that means I'm good ;-)
[14:38] {scottie} pleonasm
[14:38] {nemo} not sure that qualifies
[14:39] {nemo} If I were to say "The fact that you call me bad, and the persona I effect is usually of a socially maladjusted individual, would in turn, actually mean I'm 'good"" would be a pleonasm
[14:40] {nemo} or, are you speaking of your comment
[14:40] {nemo} ?
[14:40] {scottie} bad nemo is a pleonasm
[14:42] {nemo} yep
01[14:44] {Threei} I wanted to ask you to eschew the big words for redundancy but then realized redundancy was actually bigger word than pleonasm
01[14:44] {Threei} so I shut up
01[14:44] {Threei} so I shut up
[14:45] {Will49} lol
01[14:45] {Threei} :)
[14:45] {scottie} lol
[14:46] {nemo} funny
[14:46] {nemo} funny
01[14:46] {Threei} that was redundant pleonasm
01[14:46] {Threei} robbers is slacking today... together with cipher... missing nice day
01[14:55] {Threei} Short Setup: FCX .15 break
[14:55] {dino} what do you think, -300
01[14:55] {Threei} yup
01[14:55] {Threei} feels like another bout of selling in cards
[14:56] {nemo} Watch for short covering into the close OP EX today
01[14:56] {Threei} or speaking in pleonasms, which quickly become word of the day, another negative move down is coming
[14:56] {nemo} if your short it's positive
01[14:57] {Threei} change FCX to .20 break, aggressive
01[14:57] {Threei} If holds .25
01[14:57] {Threei} I am really torn between pleonasm and defenstration as a favorite word of the week
[14:58] {nemo} how about omphalosskepsis
01[14:58] {Threei} very nice
01[14:59] {Threei} Invalidated FCX
[14:59] {Beau} depends if you are an inner or outer
[15:01] {nemo} thank god for Google, huh?
[15:01] {Beau} absolutely
01[15:01] {Threei} totally
01[15:01] {Threei} to read makes us speak english good
01[15:04] {Threei} wow
01[15:04] {Threei} 23 Banana Boat sunscreen products pulled from market due to risk products will ignite on person's skin
01[15:04] {Threei} rofl
[15:05] {Will49} talk about getting burned
[15:05] {scottie} au l .25 ?
01[15:08] {Threei} I doubt it
01[15:09] {Threei} FCX is on again
01[15:09] {Threei} .20 break short
[15:09] {scottie} ok
01[15:18] {Threei} nah
[15:20] {nemo} short covering has commenced
01[15:21] {Threei} looks like
01[15:24] {Threei} Long Setup: CAT 84 break hl
01[15:24] {Threei} If holds .90
[15:26] {dino} fio l .96
01[15:27] {Threei} target 1:3
[15:27] {nemo} vwap runs
[15:28] {nemo} spy gonna reclaim 144
[15:28] {nemo} that's S3 and vwap
[15:28] {dino} out fio .10, +.14
01[15:30] {Threei} no worky
01[15:30] {Threei} wow, SPY can't even get a decent bounce into close
[15:32] {Will49} does short covering usually happen so soon?
[15:32] {dino} calling it a week, tx all very good day for me
01[15:33] {Threei} same here dino
01[15:33] {Threei} stilll want to catch closing scalp
[15:39] {cipher} good afternoon
[15:39] {cipher} how was today?
01[15:40] {Threei} hey
01[15:40] {Threei} very good day
[15:40] {cipher} I knew that!
01[15:40] {Threei} yeah...
[15:40] {cipher} had an issue this morning...
01[15:48] {Threei} stall into close
01[15:50] {Threei} nothing worth the risk
01[15:50] {Threei} OK guys, thank you all, have a great weekend
01[15:50] {Threei} see you Monday
01[15:50] {Threei} get well cipher!
[15:50] {scottie} gn all
[15:50] {cipher} ty
[15:50] {cipher} good night
[15:52] {Will49} bye everyone
