Tuesday, November 6, 2012

Nov 06 2012

Fairly decent day, even though slow. Catch of the day SLW short is total textbook:



Session Time: Tue Nov 06 00:00:01 2012
[08:50] {dino} gm
01[08:51] {Threei}  morning dino
[09:05] {ese} morning.........
01[09:05] {Threei}  ese :)
[09:05] {ese} hey vad
[09:08] {scottie} good morning
[09:08] {ese} scottie
[09:08] {scottie} ese
01[09:11] {Threei}  scottie :)
[09:11] {cipher} gm
01[09:11] {Threei}  cipher :)
[09:11] {ese} c
[09:13] {Les} afternoon
[09:13] {ese} hey les
01[09:15] {Threei}  les :)
01[09:17] {Threei}  FINAL National Tracking Poll: #Romney 49%, #Obama 48%
01[09:17] {Threei}  ummm... not exactly final, but I'll take it :)
[09:18] {ese} my polls say obama by a landslide
[09:18] {Les} u still using NASDAQ for routing vad?
01[09:18] {Threei}  you mean in your household?
01[09:18] {Threei}  mostly, yes
[09:19] {ese} no national poll
01[09:19] {Threei}  switching to ARCAZ when shorting stock that is down a lot
[09:19] {Les} ARCAZ?
01[09:19] {Threei}  -Z
[09:19] {Les} k
01[09:19] {Threei}  national in Canada ese? yup, 78%
01[09:20] {Threei}  15:15] {Threei} practically all countries in the world vote for obama
01[09:20] {Threei}  [15:16] {Threei} if he loses, you guys can easily auction him, export him to a winner and plug some budget holes
01[09:20] {Threei}  [15:16] {Threei} Canada, 78/12
[09:20] {Beau} good Democrat morning
01[09:20] {Threei}  beau :)
[09:20] {ese} the es pacific..the es central ..the es prarries...and es atlantic.....one friend in each 2 in central and prarries and they all vote obama..  6 out of 6
[09:26] {ese} hmmmmmmm 5min..............thought sure i was going to get raked over the coals for that last joke........
[09:27] {ese} tough crowd
01[09:27] {Threei}  meh... come tomorrow morning, you lose
01[09:27] {Threei}  btw, notice: you lose whoever wins election
01[09:27] {Threei}  Romney wins, you lost your election bet,
01[09:27] {Threei}  Obama wins, you lost your chance to economy to ever recover
[09:28] {ese} lol
01[09:28] {Threei}  so, considering such state if affairs, as merciful comrades we don't beat up on you today :)
[09:28] {ese} lol
01[09:29] {Threei}  (watch nemo puking at the word "merciful")
[09:30] {nemo} not in my vocabulary
[09:30] {Beau} wonder how long before we know for sure-days, weeks?
[09:31] {nemo} sure chad will be hanging around
[09:31] {robbers} Chad is well hung.
01[09:31] {Threei}  I guess depends on how close deciding ridings are
01[09:31] {Threei}  rofkl
[09:31] {nemo} well Dixeville Notch ended in a tie
[09:32] {Les} day begins well
01[09:32] {Threei}  may be over before central zone votes, ot may drag till Nov 17
[09:32] {ese} out btu .74 +.74 held it over night
01[09:32] {Threei}  wtg
[09:32] {ese} tks
01[09:33] {Threei} Short Setup: FCX  .55 break hl
01[09:33] {Threei}  If holds  .65
[09:35] {nemo} wow wtw just dropped 2 bucks in a nano second
01[09:35] {Threei} Short Setup: CAT  .35 break hl
[09:35] {nemo} I was thinking short too
01[09:35] {Threei}  If holds  .45
[09:36] {nemo} wow, anybody holding that long must have just defecated
01[09:36] {Threei}  Invalidated  FCX
01[09:36] {Threei}  no go cat
[09:38] {cipher} WTW L.40
01[09:40] {Threei} Short Setup: SLW  39 break
01[09:40] {Threei}  If holds  .10
01[09:40] {Threei}  not a scalp
[09:42] {cipher} out WTW .42 +1.02 thx nemo
01[09:42] {Threei}  wtg
[09:44] {ese} nice one c
[09:44] {cipher} ty
[09:45] {cipher} s wtw .48
[09:46] {cipher} cov .45 +.03 bummer
[09:47] {cipher} no hit on my bid @ .25
01[09:47] {Threei}  1:1
01[09:48] {Threei}  will try for 1:3
[09:50] {Les} scalping today ty
01[09:50] {Threei}  yw
01[09:50] {Threei}  guys, I have good news and bad news
[09:50] {nemo} ffiv
01[09:50] {Threei}  good: election noise will be over soon
[09:50] {Beau} romney conceded?
01[09:50] {Threei}  bad... this won't be over for a good while:
[09:50] {Les} hehehe
01[09:50] {Threei}  (IT) Italy 5-star movement leader Grillo: Italy cannot afford to stay in the Euro; Should have referendum
01[09:51] {Threei}  you wish beau :)
[09:51] {Les} oooh yeh I want italy back on the lira
01[09:51] {Threei}  Greece, Spain, Italy... this will obviously be dragged out as long as humanly possible
01[09:52] {Threei}  then power of extraterrestrials will be invoked
[09:52] {Les} Bernanke
[09:52] {dino} bsft hl l .91
01[09:52] {Threei}  you don't think he is human?
[09:53] {dino} out bsft .26,
[09:53] {dino} +.35
01[09:53] {Threei}  wtg
[09:53] {cc_8} Hearing Windows 8 Phones to Go on Sale in China in DecemberPosted on: Tuesday, November 6, 2012 - 8:48amNokia, HTC, and Huawei will launch five Microsoft (NASDAQ: MSFT) Windows Phone 8 smartphones in December
[09:53] {nemo} fslr the last couple of days, sheesh
01[09:53] {Threei} Short Setup: MON  .90 break hl
01[09:53] {Threei}  If holds  88
01[09:54] {Threei}  Invalidated
[09:54] {nemo} coal stocks are happy Romney must be winning
[09:54] {nemo} 4 more years of a Muslim COmmunist?
01[09:55] {Threei}  or it's their wishful thinking :)
01[09:55] {Threei}  MON, should have called 2-sided, eh
01[09:56] {Threei}  good boy SLW
01[09:56] {Threei}  1:2
[09:56] {dino} bsft hl l .85
01[09:57] {Threei}  this is actually a good election call:
01[09:57] {Threei}  PIMCO ?@PIMCO
01[09:57] {Threei}  Gross: Whew! It�s over. To the victor belongs the spoils of political power but to the US voter only continuing frustration will accrue.
[09:58] {Les} speaks his book bluntly
[09:58] {cipher} bsft l .87
[09:59] {dino} out bsft .09, +.24
01[09:59] {Threei}  wow MON
01[09:59] {Threei}  notice how SLW short works against SPY
[09:59] {nemo} 88.85 today
01[10:00] {Threei}  there was a good reason to label it "not a scalp"
[10:00] {cipher} out bsft .21 +.34
01[10:00] {Threei}  Oct ISM New York: 45.9 v 52.9 prior; 12-month low**Responces was collected before Hurricane Sandy and has no impact on its reading
[10:00] {nemo} slw could get to 38.10 or lower
01[10:01] {Threei}  nice recovery going there
06[10:01] * Threei slants at ese
[10:01] {cc_8} UPDATE: AOL Posts Upbeat Q3 Revenue Posted on: Tuesday, November 6, 2012 - 7:34amAOL (NYSE: AOL) reported better-than-expected third-quarter revenue. . . AOL's quarterly revenue came in at $531.7 million, beating analysts' estimates of $521.6 million.
[10:01] {dino} bsft pulp huh cipher?
01[10:01] {Threei}  SLW baby
[10:02] {dino} z hl l .80, stop .68
[10:02] {scottie} +.28 tks Vad
01[10:02] {Threei}  :)
[10:02] {ese} 3 slants noted
[10:03] {cipher} +.34 z thx dino
[10:03] {dino} out z .21, +.41
[10:03] {dino} np
[10:03] {cipher} pulp baby
[10:04] {ese} L tna .69
[10:05] {nemo} grind up day
[10:06] {ese} out tna .65
[10:06] {ese} -.04
[10:07] {ese} man ...that thing moves like grease lightning
[10:07] {ese} thought it wa gonna dive on me
01[10:08] {Threei}  visual: http://goo.gl/lbJSq
[10:10] {ese}  i remember that chart from your chart reading tutorial
01[10:10] {Threei}  :)
[10:11] {ese} which i will review again this weekend when i get some time
01[10:11] {Threei}  I think I have enough material to make an additional collection of charts
[10:12] {ese} i say go for it
[10:12] {Les} fcx break?
01[10:13] {Threei}  I think so
[10:13] {nemo} Len
[10:13] {Les} 3 mins says wait a little. I will watch
[10:14] {nemo} Les likes to watch
[10:14] {Les} not quite sure how to respond to that...
[10:15] {nemo} ;-)
[10:18] {scottie} SO l 45 if holds .35 ?
01[10:19] {Threei}  I'd really prefer short side on it
[10:19] {scottie} ok
01[10:19] {Threei}  long looks labored
01[10:19] {Threei}  contrived
[10:19] {scottie} Don't start talking like nemo
[10:20] {cc_8} Stocks Hitting 52-Week HighsPosted on: Tuesday, November 6, 2012 - 10:03amYahoo! (NASDAQ: YHOO) shares jumped 0.76% to create a new 52-week high of $17.50. Yahoo's trailing-twelve-month profit margin is 79.94%. .
[10:20] {nemo} frickin Phillistine
[10:21] {dino} cbm hl l .00
[10:23] {dino} out cbm .24, +.24
[10:23] {cipher} +.18 cbm thx dino
[10:23] {dino} gj
[10:23] {cipher} full lot though :)
[10:23] {cipher} I think I have enough
[10:23] {dino} sweet
[10:24] {cipher} cya tomorrow
[10:24] {cipher} thx for ideas
[10:24] {dino} take care buddy
01[10:24] {Threei}  take care cipher, gj
[10:24] {Les} ciao C
01[10:24] {Threei}  SO so dead
[10:24] {scottie} didn't take it
[10:25] {Les} .25 potential bounce time
01[10:25] {Threei}  why not
01[10:26] {Threei}  1:1
[10:26] {scottie} No particular reason, just didn't feel comfortable with it :(
[10:27] {nemo} cde
01[10:27] {Threei}  interesting
01[10:28] {Threei}  was very easy decision to me, and felt very natural
[10:30] {dino} z hl l .71
[10:30] {nemo} qcom interesting territory
01[10:31] {Threei}  1:2, over and out
[10:32] {dino} out z .97, +.26
[10:35] {nemo} esrx might be a short here
01[10:36] {Threei}  1:3, without me, but look at this move
[10:41] {Les} db in TNA looks good. Hindsight is 20/20
01[10:43] {Threei}  Harry Reid: �Mitt Romney�s fantasy that Senate Democrats will work with him to pass his �severely conservative� agenda is laughable�
01[10:43] {Threei}  good start
[10:45] {nemo} Black Panthers back at it in Philly
[10:45] {nemo} This just came across twitter feed
[10:45] {nemo} BREAKING! SEALS have arrived at polling places in Phillie where Black Panthers are intimidating voters! God bless our Navy SEALs!
[10:46] {nemo} boy would I love to be there to see that
[10:46] {nemo} probably BS though
[10:48] {nemo} stx sheesh
[10:51] {scottie} TEL l .40 ?
01[10:52] {Threei}  if holds above .35
[10:53] {nemo} http://blogs.denverpost.com/thespot/2012/11/05/hold-sweatshirt/85784/
[10:55] {scottie} in .42
[11:01] {nemo} .50 level getting interesting for ESRX
[11:02] {scottie} half out
01[11:05] {Threei}  :)
01[11:05] {Threei} Short Setup: FCX  40 break
01[11:06] {Threei}  If holds  .10
01[11:15] {Threei}  SPY foesn't cooperate
01[11:15] {Threei}  f=d
01[11:16] {Threei}  stopped
[11:25] {scottie} out TEL +.18
01[11:25] {Threei}  wtg
[11:25] {scottie} ty
[11:32] {scottie} QIHU l .30 if holds .20 ?
01[11:34] {Threei}  not sure
01[11:34] {Threei}  something's off with this one
[11:34] {scottie} ok, will leave it alone
01[11:34] {Threei}  can't quite put a finger on it
[11:35] {nemo} lunchtime
[11:36] {nemo} spy gonna' test 143
[11:37] {nemo} wow
01[11:37] {Threei}  what the deuce
[11:37] {nemo} testing 143
[11:37] {Les} OBAMA -WINS!!
[11:37] {nemo} MPP is here
[11:41] {Les} Fed hedge fund playing it's hand here :)
[11:42] {scottie} VIV s .55 ?
[11:43] {nemo} 143.70ish possible, that's where 50sma hanging out
01[11:43] {Threei}  can't tell
[11:43] {scottie} ok
[11:44] {nemo} 143.25 area major resistance
[11:52] {nemo} stx
[11:54] {dino} bcor hl l .60 stop .49
[11:55] {nemo} methinks the correction is over
01[12:05] {Threei}  no idea where these spikes are coming from
[12:05] {Les} "them"
01[12:05] {Threei}  oh
[12:06] {nemo} spy should go for a test of the 50 now
[12:06] {Les} Vad can you provide me with Laser screenshot u use please. need a comparitive look at this new thingy before me.
01[12:07] {Threei}  http://www.realitytrader.com/vad/Scr2.png
01[12:07] {Threei}  http://www.realitytrader.com/vad/Scr3.png
01[12:07] {Threei}  http://www.realitytrader.com/vad/Scr4.png
[12:07] {Les} ty
01[12:13] {Threei} Short Setup: FCX  .60 break
01[12:13] {Threei}  If holds  .70
01[12:44] {Threei}  1:1
[12:44] {nemo} esrx looks longer
01[12:47] {Threei}  got my revenge on FCX
01[12:53] {Threei}  anyone's breathing?
01[12:54] {Threei}  or you all left to vote
[12:54] {nemo} hi
01[12:54] {Threei}  you may not bother
[12:54] {Les} I voted for a few glasses of red to pass the time
01[12:55] {Threei}  meanwhile I've got a winning call
01[12:56] {Threei} Short Setup: LVS  .65 break
01[12:56] {Threei}  If holds  .70
[12:56] {nemo} i'd say two way on that one
01[12:58] {Threei}  could be...
01[12:59] {Threei}  not really jazzed about longs here
01[13:00] {Threei}  closest presidenatial race in almost 80 years
[13:01] {Les} .50 b/d fcx?
01[13:01] {Threei}  not sure
01[13:02] {Threei}  *(US) TREASURY'S $32B 3-YEAR NOTE AUCTION DRAWS 0.392%; BID-TO-COVER RATIO: 3.41 V 3.96 PRIOR AND 3.59 AVG OVER THE LAST 10 AUCTIONS- Indirect bidders take 25.1% of competitive bids; Direct bidders take 22.3% of competitive bids, Dealers take 48.7%. - 82.8% allotted at high - Median 0.377%, Low 0.303%
01[13:05] {Threei}  Victoria is ranked the 5th most romantic city in Canada
01[13:05] {Threei}  hmmm
[13:06] {nemo} there goes LVS, should test the fig
[13:06] {nemo} I think 45.40 possible if market moves again
[13:16] {Les} http://www.youtube.com/watch?v=cpP7b2lUxVE
[13:16] {Les} admiring Romney's foreign policy approach
[13:16] {Les} tongue in cheek of course
01[13:19] {Threei}  you guys are so weird in Europe
[13:19] {Les} :P
01[13:24] {Threei}  in your eyes Romney is a war monger but Obama is worthy of Nobel price for peace
[13:24] {Les} LOL you are so WRONG!!
01[13:25] {Threei}  me?
01[13:25] {Threei}  heh
[13:25] {Les} Obama's drone kill cowardice is well known here
01[13:25] {Threei}  look at all your Europena polls
[13:25] {Les} but politely ignoed
[13:25] {Les} ignored
[13:25] {scottie} CSC l .50 ?
01[13:25] {Threei}  if you could, you would have flew over in US to vote for him
[13:26] {Les} better the devil u know? Yeh probably
[13:26] {Beau} drone kill cowardice?
01[13:26] {Threei}  tough one scottie
[13:26] {scottie} ok
01[13:26] {Threei}  jumpy
[13:26] {Les} he's a marvel at signing kill orders by remote control beau
[13:27] {Les} leaves George Bush for dead
01[13:27] {Threei}  never mind beau, europenas have ther heads screwed up worse than anyone in US, lol
[13:27] {Les} pun intended
[13:27] {Les} :P
01[13:28] {Threei}  as far as I am concerned, if he does anything right, it's those drones
[13:28] {Beau} wish we had drones in Europe twice or Iraq etc
[13:28] {Les} whaaaaaaaaaaaaaat???
01[13:28] {Threei}  scottie... see what I mean?
01[13:28] {Threei}  exactly beau
01[13:29] {Threei}  give it some thoughts Les, will ya... instead of swallowing that propaganda
[13:29] {scottie} SO l .20 ?
01[13:29] {Threei}  yes
[13:33] {scottie} if holds .14 ?
01[13:33] {Threei}  yup
01[13:35] {Threei}  oh lord
01[13:35] {Threei}  (EU) Germany and Finland reportedly express concerns that the single bank supervisor may not ensure separation of the ECB roles as monetary authority- Recommends the increase in power of the supervisory board and limit the ECB's Governing council roles; Supervisory board must be allowed to make decisions without approval of the Governing council
01[13:36] {Threei}  - Major decisions taken by the supervisory council will require Governing council approval - National supervisories should be given the main roles to handle smaller financial institutions - Chief of the Supervisory Board should be given a 5 year term that is not renewable
01[13:37] {Threei}  IMO, all EU head figures should be given 5 years term... and some much longer
01[13:43] {Threei}  another Victoria honorable achievement: http://goo.gl/3BQJp
01[13:48] {Threei} Short Setup: MON  .55 break
01[13:48] {Threei}  never mind
01[13:51] {Threei}  Country running must be delegated to proctologists. They'll still do everything the same way but at least they'll do it professionally.
01[13:52] {Threei} Short Setup: MON  .55 break
01[13:52] {Threei}  hl
01[13:52] {Threei}  If holds  .65
[13:54] {Les} VMW
[13:54] {Les} never mind no second entry
01[13:55] {Threei}  MON is valid
[13:57] {dino} bsft lod, gap around 28
01[13:59] {Threei}  1:1
[14:04] {nemo} mon should be good to 89
01[14:04] {Threei}  I'll be happy with 1:3
01[14:05] {Threei}  1:2
01[14:10] {Threei}  1:3, out
[14:10] {nemo} why don't you hold a piece?
01[14:11] {Threei}  not enough shares to partial much
01[14:11] {Threei}  was a half lot play in a first place
01[14:11] {Threei}  anyone's trading those, or I am wasting my breath?
[14:11] {nemo} ahhhh
[14:12] {scottie} was away for a few minutes and missed it, great trade Vad
01[14:13] {Threei}  :(
[14:22] {dino} i effectively froze bcor
01[14:22] {Threei}  hehe
01[14:22] {Threei}  what power
[14:24] {nemo} tna looks long here
[14:25] {nemo} higher timeframes look higher
[14:33] {scottie} MRO l .80 ?
01[14:33] {Threei}  hmmm
01[14:33] {Threei}  50/50 between breakout and double top
[14:34] {scottie} ok
[14:37] {Les} shold short VMW .99 at 2pm, covered at 2:17 flat....kill me nemo
01[14:38] {Threei}  nemo??
[14:38] {Les} someone call 911
[14:39] {nemo} nah, cripple you for life
01[14:39] {Threei}  uh oh
[14:39] {Les} saddist
01[14:39] {Threei}  oh, whew
01[14:39] {Threei}  he is OK
[14:39] {nemo} sadist as in Marqis de Sade
[14:39] {nemo} Marquis
[14:39] {Les} don't get all frenchy on me ya kraut lover
[14:40] {nemo} wombatpoker
01[14:49] {Threei}  MRO starts looking like valid breakout at .80
[14:52] {scottie} Gotta go see you all tomorrow
[14:52] {Les} ciao scottie
[14:52] {scottie} les
[14:52] {Les} may all your dreams for president come true tomorrow...
01[14:53] {Threei}  take care scottie
[14:53] {scottie} tks Vad
[14:55] {nemo} wtf
01[15:00] {Threei} Short Setup: C  .40 break
01[15:00] {Threei}  If holds  .50
01[15:08] {Threei}  MRO was worth a fade eh
[15:08] {Les} was watching it hold support as indexes plunged. stopped looking after that
01[15:09] {Threei}  that holding support made me think long on a break
01[15:09] {Threei}  never triggered, then gravity took over
[15:18] {dino} bcor to .80
[15:20] {dino} out +.20 bcor
01[15:20] {Threei}  wtg
[15:21] {dino} took all afternoon
01[15:21] {Threei}  such are these last election cycle days
[15:42] {Les} c'mon vad belt this sucker
01[15:42] {Threei}  sorry, fell asleep
06[15:42] * Threei hits C over the head with 2x4
[15:42] {Les} I discovered 'Family Guy' today....
[15:43] {nemo} I'm speechless
[15:43] {Les} and here I thought the Simpsons lewd
01[15:44] {Threei}  lol
01[15:44] {Threei}  first 4 seasons were great
01[15:44] {Threei}  then it went downhill in a hurry
01[15:44] {Threei}  jokes became tasteless and not funny
01[15:45] {Threei}  outrageous for outragenousness sake
[15:45] {Les} OK will order some 2nd hand dvd's
01[15:46] {Threei}  "what the deuce" we use often here is Stewie's catchphrase :)
[15:47] {Les} I like to think of him as Nemo's brother
[15:51] {Les} tasteless and not funny... I get it
[15:55] {dino} brian the dog cracks me up
01[15:55] {Threei}  :)
[15:56] {dino} calling it a day, thx all
[15:56] {Les} cheers
01[15:56] {Threei}  time's running out
01[15:56] {Threei}  covering C breakeven
01[15:57] {Threei}  OK guys... good evening, let's see how the drama resolves
01[15:57] {Threei}  see you tomorrow!
[15:57] {Les} cheers