Wednesday, November 7, 2012

Nov 07 2012

Not really our day - there were fine trades working for 1:2 and 1:3, but a few too many stops kept the day overall negative.

Session Time: Wed Nov 07 00:00:00 2012
[09:07] {scottie} good morning
01[09:07] {Threei}  morning scottie
[09:09] {Les} afternoon
01[09:10] {Threei}  les :)
[09:13] {cipher} gm
[09:14] {nemo} Good Morning Komrades from the USSA(R)
01[09:15] {Threei}  cipher, nemo :)
[09:15] {ese} morning
01[09:15] {Threei}  ese :)
[09:16] {ese} just to show you haw busy i've been.........i thought the election was today........was surprised when i heard results last night after coming out of Italian lessons
[09:16] {ese} sheesh
01[09:16] {Threei}  lol
01[09:22] {Threei}  wow, look at RGR reaction
[09:22] {nemo} what about smith&wesson
[09:22] {ese} just looking at that
01[09:23] {Threei}  that too
[09:23] {nemo} we're expecting an onslaught of new gun laws
[09:24] {ese} hmmmmmmmmm
01[09:25] {Threei}  not sure why stocks are down... I mean, all that left to launch next rally is to duct-tape Greece to sinking ship of EU
[09:26] {ese} I don't see any news on BTU and it's tanking -.2.00 and change so far....anyone see anything
01[09:26] {Threei}  coal
[09:27] {robbers} Coal companies wanted Romney, that's part of it.
01[09:27] {Threei}  right
[09:27] {ese} hmm
01[09:27] {Threei}  your boy obama is not very coal-friendly
[09:27] {Les} symbol for swith and wesson is?
01[09:27] {Threei}  SWHC
[09:28] {nemo} ese...instead of taking italian lessons, may I suggest a couple of courses in economics may be in order
[09:28] {Les} ty. RGR R3 reversal candidate
[09:28] {ese} go ahead.....get your licks........
01[09:31] {Threei} Long Setup:  C  .70 break
01[09:31] {Threei}  If holds  .60 
01[09:31] {Threei}  change to .60 break
[09:31] {nemo} oh oh, market in ifffy territory
01[09:32] {Threei}  stop .53
01[09:32] {Threei}  target .85 - .90
[09:33] {ese} L btu .52
01[09:34] {Threei}  no go
[09:34] {robbers} Market is really pissed off.
[09:34] {ese} sm
01[09:35] {Threei} Long Setup:  FCX  .70 break hl
01[09:35] {Threei}  If holds  .60 
[09:36] {nemo} capital gains and dividend taxes going up so assets need to reprice significantly lower
01[09:36] {Threei}  wow, SPY can't hold any of supports
[09:37] {nemo} no it's gonna test the volum supporat down to 140.50ish this is s3 on the daily
[09:37] {nemo} All the 401k's will shit the bed on Obama's watch hehehehehehe
[09:37] {nemo} 4 more years!!!!
01[09:37] {Threei}  well, FCX seems to be done dropping
01[09:38] {Threei}  or not
01[09:38] {Threei}  let's trail stop to .64
01[09:39] {Threei}  want to keep things as tight as possible
[09:39] {ese} L btu avg .56
01[09:40] {Threei}  out
01[09:41] {Threei}  good tightening, no supports hold
[09:42] {Les} 1 min bb's tightening indexes are south. possible bounce coming
01[09:42] {Threei}  let's see if SPY makes double bottom here
01[09:44] {Threei} Long Setup:  SLW  .95 break
01[09:44] {Threei}  If holds  .85 
[09:44] {thomcbell} gdx 50.55 long break ttoo
[09:45] {dino} cnc spike
01[09:45] {Threei}  Invalidated  
[09:45] {ese} hmmmmmm  what would dino do?
[09:45] {thomcbell} same with GDX 
[09:46] {dino} lol ese, sidetracted day for me, might get a trade off
01[09:47] {Threei} Long Setup:  SLW  .90 break
[09:47] {ese} am in btu .56
[09:47] {ese} am trying to think like you
01[09:47] {Threei}  If holds  .80 
[09:47] {dino} watching bsft, bcor, crus, catm, esrx, fio, z, cnc
01[09:49] {Threei}  it's actually an aggressive entry for 40 break
01[09:49] {Threei}  not a scalp, target 1:3
[09:50] {thomcbell} which one Vad
01[09:50] {Threei}  SLW
[09:51] {thomcbell} slw daily chart much better than gdx too 
[09:54] {ese} out btu .12 +.56
01[09:54] {Threei}  a lot of uncertainty in the market
[09:54] {ese} am lovin you right now dino
01[09:54] {Threei}  wtg ese
[09:54] {dino} crus hl l .55
[09:54] {ese} tks
01[09:56] {Threei}  don't feel that SLW shapes up right anymore, lost ascneding channel's low
01[09:56] {Threei}  ascending too
01[09:56] {Threei}  yeah
01[09:56] {Threei}  not liking this morning at all
01[09:56] {Threei}  in many regards, lol
[09:56] {nemo} no very foggy...feels like a hangover
01[09:57] {Threei}  �Never underestimate the power of stupid people in large groups.� ? George Carlin
[09:57] {cc_8} Stocks Slammed as Draghi Says Germany SlowingPosted on: Wednesday, November 7, 2012 - 9:48am
[09:57] {cc_8} U.S. stock futures initially traded higher after it was officially revealed that President Obama had won his bid to be reelected, but quickly reversed direction and headed lower after European Bank
[09:57] {Les} so it's those pesky Europeans again is it...
[09:58] {ese} ya!
01[09:58] {Threei}  yup, initial raction was as foretold: USD down, equities and gold up
01[09:58] {Threei}  then whole EU charade came back in play
[09:59] {ese} l btu ..03
01[09:59] {Threei} Short Setup: FCX  .40 break
01[09:59] {Threei}  If holds  .50 
[10:00] {dino} cnc hl s .24 stop hod
[10:01] {dino} cov cnc .92, +.32
01[10:02] {Threei}  1:1
[10:02] {dino} covered too soon
01[10:03] {Threei}  good one anyway
[10:04] {dino} ty
[10:04] {ese} out btu .31 +.28 1/2 lot
01[10:04] {Threei}  will forgot where the door is
[10:04] {ese} good enough......i'm done for the day.......cya tomorrow
01[10:05] {Threei}  take care ese
[10:05] {ese} cya vad
[10:05] {nemo} so dow gave up yesterday's gains and then some
[10:05] {thomcbell} lvs they love it 
[10:07] {will49} hey guys
01[10:07] {Threei}  will :)
[10:08] {will49} hello from Bellingham WA
[10:08] {will49} home of the Canadian shopping paradise
[10:08] {nemo} sbux breaking resistance
01[10:09] {Threei}  cool... you are there to buy some just legalized stuff I guess
[10:10] {will49} lol
01[10:12] {Threei} Long Setup:  LVS  45 break
01[10:13] {Threei}  If holds  .95 
[10:13] {nemo} .06 offer
01[10:14] {Threei}  stop is tight
01[10:14] {Threei}  not taking much chance today, emotions rin hot
[10:14] {nemo} spy in nowheresville
01[10:14] {Threei}  run too
01[10:15] {Threei}  no go
01[10:15] {Threei}  FCX however tries for 1:2
[10:15] {thomcbell} jpm dead for sale along with WFC
[10:15] {nemo} all financials will go in the tank
[10:15] {nemo} it is the wil of Allah
01[10:15] {Threei}  yeah... they are looking forward to see Warren in control
[10:15] {nemo} will
01[10:15] {Threei}  FCX 1:2
[10:18] {nemo} should hit freefall here
[10:18] {nemo} or as you say....cascade
[10:18] {robbers} out FCX, thanks Vad.
01[10:18] {Threei}  I see you made your peace with that word
01[10:18] {Threei}  welcome sir
01[10:19] {Threei}  1:3, over and out
[10:19] {nemo} gld going lower...deflation
[10:19] {nemo} wheels coming off hehehehehe
01[10:19] {Threei}  deflation on 1 min time frame?? :)
01[10:19] {Threei}  that's new, lol
[10:19] {nemo} but gold wasn't up that means recession look
[10:20] {nemo} bonds ripping
[10:20] {nemo} iwm coming into 200
[10:20] {nemo} WS1 on finnies spy and Qs
[10:20] {cipher} tna l .24
01[10:20] {Threei}  well, bonds simply react on monetary policy staying the course for the foreseeable future
[10:20] {scottie} AIG s .30 ?
[10:20] {nemo} yeah, reasonable bet cipher...have diaper ready
01[10:21] {Threei}  AIG, I doubt it
[10:21] {scottie} ok
01[10:21] {Threei}  doesn't look for short herem, unless consolidates for a few more minright
[10:23] {cipher} out tna -.11
[10:23] {dino} fio hl l .15 stop .98
[10:24] {cipher} tna l.20
01[10:25] {Threei}  EXC
01[10:25] {Threei}  daily starts looking like bounce time
01[10:25] {Threei}  intraday, so-so
01[10:25] {Threei}  but with tight stop, probably time to start looking
[10:26] {nemo} they may want to test 140 level in spy although I have confluence between .15-.24
01[10:27] {Threei} Long Setup:  TNA  .20 break hl
[10:27] {dino} 200ma at 1380
01[10:27] {Threei}  Invalidated  
[10:28] {Les} 3 min bullish divergence on TNA almost there
01[10:29] {Threei}  yeah, it's on a verge of reversal
01[10:29] {Threei} Long Setup:  TNA  .10 break hl
01[10:29] {Threei}  If holds  55 
01[10:30] {Threei}  Invalidated  
01[10:30] {Threei}  where is beau... drinking happily or what
01[10:31] {Threei}  uh oh
01[10:31] {Threei}  'The best is yet to come,' Obama tells Americans after re-election as U.S. president
01[10:31] {Threei}  it has been a great country...
[10:32] {robbers} Yeah, but he didn't say that will be in China.
[10:32] {Les} yep he's got nothing to lose now
[10:32] {Les} gonna sweep house and fix everything
01[10:32] {Threei}  what do you mean nothing to lose?? next match of golf??
[10:32] {nemo} l tna .01
01[10:32] {Threei} Long Setup:  EXC  .50 break
[10:33] {nemo} see finnies and spy seemed to have bottomed
[10:33] {nemo} partialed .16
01[10:33] {Threei}  crap, TNA got away
[10:33] {nemo} not from me......
[10:34] {nemo} look for a db formation though
01[10:35] {Threei}  (GR) Germany Chancellor Merkel: Notes that more fiscal policy integration in the EMU is needed; can see a time when EU organizations may be provided the power to intervene in nations that have failed to achieve national budget requirements put forth by the EU treaty
01[10:35] {Threei}  socialism is victorious everywhere
06[10:35] * Threei starts eyeing Antarctica
[10:36] {dino} atlas shrugged begins
[10:36] {Les} I hear global warming will be good for Antarctica
01[10:36] {Threei}  not if you are a penguin, les
[10:36] {Les} r u a penguin?
01[10:37] {Threei}  probably not, I hate cold
01[10:37] {Threei}  but I am sympathetikc to their cause
[10:40] {thomcbell} angry bounce slw
01[10:41] {Threei}  any bets on where US debt stands by the time 2nd term is over? I say 20T or more
[10:41] {Les} where is it now?
[10:41] {thomcbell} well thats part of the plan no?
[10:41] {nemo} looking for vwap run on spy and iwm
01[10:41] {Threei}  16.2
01[10:42] {Threei}  EXC stop is obvious, let it trade
[10:42] {dino} at least 20t 3i
01[10:43] {Threei}  that's my bet dino... you won't win a beer from me on that number :)
[10:45] {dino} ok, i'll go 21t
01[10:46] {Threei} Short Setup: CAT  86 break
01[10:46] {Threei}  hl
01[10:46] {Threei}  If holds  .10 
[10:47] {nemo} lower high on spy in that volume zone
[10:48] {nemo} AGU
[10:49] {nemo} mos
[10:49] {dino} new lows
01[10:49] {Threei}  1:1
[10:51] {cc_8} UPDATE: Merkel Says Europe Must Better Define Rules For Financial markets, Harmonize regulation; Says Can Envision Giving European Institutions Real Rights to Intervene in Cases Where National Budgets Are in Violation of EU Rules
[10:51] {robbers} out CAT, thanks.
01[10:51] {Threei}  yw
01[10:52] {Threei}  1:2
[10:52] {scottie} cat +.18 tks
[10:54] {nemo} o.k. worth a bounce play around spy 140
01[10:54] {Threei}  scottie :)
01[10:55] {Threei}  day is not great still but becomes better
[10:55] {Les} you got your conspiracy defence ready Vad?
01[10:56] {Threei}  about what?
[10:56] {nemo} oh oh, don't hold 140, nothing until 139 area
[10:57] {Les} about market action today
01[10:57] {Threei}  why would any be needed?
[10:57] {Les} on other web site...
[10:58] {Les} "they" are doing it again
01[10:58] {Threei}  "they" always are, aren't they :)
[10:59] {Les} I took up Fusion cause lower monthly fee until you make yer first $500
[11:00] {Les} what they didn't tell me is that account stop limit for day is $150
[11:00] {Les} sheesh
[11:00] {nemo} trade smaller
[11:00] {Les} no, already happened
[11:00] {nemo} o.k. this is capitulation volume
[11:01] {Les} but daily loss limit can be raised if accepting full price plan, which I've asked our broker to change
01[11:04] {Threei}  no go EXC
01[11:04] {Threei}  still not delighted by today
[11:11] {scottie} VZ s .50 ?
01[11:12] {Threei}  no
01[11:12] {Threei} Long Setup:  AIG  .40 break
01[11:12] {Threei}  If holds  .30 
[11:15] {nemo} oh oh, thumbs in the dyke might not work
[11:15] {nemo} try fisting
[11:15] {nemo} sorry
[11:15] {nemo} not really
[11:16] {nemo} women and children overboard
[11:17] {dino} gotta hop
01[11:18] {Threei}  said he and hopped faster than we could blink
01[11:20] {Threei}  come on... no long setups are gping to work today??
[11:22] {Les} 15 min histograms are nearly positive. Could be waiting for afternoon longs
01[11:29] {Threei}  so far, slide continues
01[11:30] {Threei}  look at CAT
01[11:30] {Threei}  down a buck since our short
[11:30] {nemo} no support until 139 area on spy, IWM coming into volume support under 80 financials got another .30 cents
[11:34] {Les} first green histogram bar 15 mins. some capitulation volume here
01[11:34] {Threei} Long Setup:  LVS  .10 break
01[11:34] {Threei}  If holds  44 
01[11:35] {Threei}  aiming for 1:3
01[11:39] {Threei}  1 cent to 1:1?
01[11:39] {Threei}  some days one better stay in bed, lol
[11:40] {nemo} this could be it but they'll probably test finnies iwm spy and Qs all bottomed at levels
[11:40] {nemo} levels I have mapped that is
[11:40] {nemo} Europe closed too, so they're out of the mix now
01[11:50] {Threei}  1:1
01[11:50] {Threei}  finally
[11:55] {nemo} I would look for spy to head back to 140.80 area
[12:00] {cc_8} VirnetX Soars on Legal Victory Over ApplePosted on: Wednesday, November 7, 2012 - 11:51am
[12:00] {cc_8} Shares of VirnetX (NYSE: VHC) rallied strongly on Wednesday after a jury ruled that tech giant Apple (NASDAQ: AAPL) must pay the company damages totalling $368.2 million. .
[12:02] {cc_8} Research In Motion (NASDAQ: RIMM) shares are down more than 7% following comments from Pacific Crest's James Faucette.
[12:06] {scottie} VZ l .40 ?
01[12:06] {Threei}  looks right
[12:09] {scottie} in .41
[12:14] {Beau} good morning
01[12:15] {Threei}  beau :)
01[12:15] {Threei}  we thought your were drunk
[12:15] {Beau} why?  something special last night?
01[12:16] {Threei}  not really, more of the same
[12:16] {Beau} OK. Just didn't waqnt to miss something
01[12:16] {Threei}  hehe
01[12:16] {Threei}  LVS 1:2
01[12:16] {Threei}  VZ works too
01[12:16] {Threei}  life becomes a bit easier
[12:17] {scottie} half out
[12:22] {Les} scalped last entry lvs
[12:23] {Les} was gonna ask if new entry here, but don't wanna buy breaks
[12:25] {nemo} not at lunch
[12:26] {nemo} although if iwm and spy continue north, probably good to vwap
01[12:26] {Threei}  so yesterday Reid was saying "Romney is delusional if he thinks he will get bipartisan support from Senate"
01[12:27] {Threei}  today:
01[12:27] {Threei}  (US) Senate Majority Leader Reid (D-NV) Americans are tired of partisan gridlock; Democrats need Republicans to help in compromising -
01[12:27] {Threei}  what a difference day makes
01[12:27] {Threei}  - Talks on the fiscal issues need to begin now; deficit problem needs a balanced approach - Would like to adjust the 'filibuster' rules that have blocked legislation progress. - Will likely consider a debt limit increase after Jan 1, 2013
01[12:34] {Threei}  7.4 magnitude #earthquake reported off the Pacific Coast of Mexico
[12:34] {nemo} where you been, saw that 2 hours ago
01[12:35] {Threei}  hmmm
01[12:35] {Threei}  I guess I am much further to the north
01[12:35] {Threei}  took a while to reach me
[12:35] {nemo} o.k. market looks like ready to make another move
[12:47] {nemo} o.k.  maybe not...
[12:47] {nemo} Boy does the weather SUCK here today
[12:48] {nemo} spy being sneaky gonna' go to vwap
[12:48] {Beau} snow, rain or both?
01[12:51] {Threei}  beau, where nemo lives all you listed comes for a a normal weather
[12:52] {nemo} rain 
[12:52] {nemo} but windy biting weather
01[12:57] {Threei}  market has stalled but it feels like pause, not an end of activity for the day
[12:58] {scottie} out LVS but went to 1:2 with it, tks Vad
01[12:58] {Threei}  :)
[13:01] {nemo} that was serous spy volume a few minutes ago, and price moved higher, we're going
[13:04] {nemo} here's the run to VWAP and S3
[13:05] {scottie} 1/4 more out VZ
01[13:05] {Threei}  still in VZ, scottie?
[13:05] {nemo} looking for 140.80 on spy
01[13:05] {Threei}  1:2 there
[13:05] {scottie} see above
01[13:06] {Threei}  now, that's a visual you don't often see in corporate speak:
01[13:06] {Threei}  AGU CEO: Have not been approached by buyers for the retail unit, though there has been some 'sniffing' around
01[13:06] {Threei}  yes, I saw it right after I hit enter :)
[13:06] {nemo} spy eclipsed vwap iwm almost there as are the finnies, probably get quiet for a while and then we go to S3
01[13:13] {Threei}  LVS 1:3
[13:14] {thomcbell} u dog u 
[13:15] {scottie} rinsed me for the last piece
01[13:22] {Threei}  Romney lost his chance to earn my disrespect... too bad, I am equal opportunity disrespecter
[13:22] {Les} ?
01[13:23] {Threei}  ?
[13:23] {Les} vad quote is it?
01[13:23] {Threei}  no
01[13:23] {Threei}  that's me
01[13:23] {Threei}  Obama earned it fair and square
[13:23] {Les} oh right
01[13:23] {Threei}  I was looking forward for Romnry to do the same
[13:23] {Les} did u see the new bond film?
01[13:24] {Threei}  Fri
01[13:24] {Threei}  will be much more enetrtaining than election, I am sure
[13:25] {Les} watched Casino Royale again last weekend. Definitely the finest Bond I know
01[13:25] {Threei}  totally
01[13:25] {Threei}  well, maybe 1 notch under Connery
[13:26] {Les} not my generation
[13:27] {nemo} Gonna be fun to watch the EU break up
[13:27] {Les} even more fun to be living it
[13:28] {nemo} your in Switzerland
[13:29] {nemo} you're
[13:29] {Les} that changes nothing
[13:29] {nemo} they were smart enough to stay out of it
[13:31] {Les} smash credit markets & hi-tech exports, watch tidal wave of liquidity blow 1.20 Euro peg out of water... ugh
[13:32] {Les} whether swiss franc remains safe haven at that time, not clear. Smart money moving to Singapore already
[13:34] {Les} SNB holding enough foreign FX reserves on its book to maintain the 1.20 peg to potentially blow us all to kingdom come. Inflation bomb
[13:36] {Les} Canada will look nice when that time comes...
[13:36] {nemo} So won't Australia...hint hint
[13:37] {Les} no thanks
[13:37] {nemo} o.k. setting up the run to S3
[13:40] {Les} need to come over and learn some game hunting skills
[13:40] {nemo} yeah, we'll give you a brown coat and an antler hat and have you run around the woods
[13:40] {Les} dumbass
01[13:41] {Threei}  lol
01[13:42] {Threei}  you might want to work on your comebacks Les... :)
[13:42] {Les} yeh
[13:43] {Les} IWM long on pullback?
[13:43] {Les} near .50?
[13:44] {nemo} no setup yet
[13:44] {nemo} remember, it's ready, aim, fire...not ready, fire, aim
01[13:44] {Threei}  betetr one would be diving under .50, holdng the low of the dive, consolidating - then recross as a trigger
[13:45] {nemo} you want to see FAS hold .65ish too
[13:48] {scottie} out VZ in full
[13:49] {nemo} fas bouncing at .60ish
01[13:50] {Threei}  you took IWM Les?
01[13:50] {Threei}  .44 stop
[13:51] {nemo} bunny out for a visit
[13:51] {Les} no
[13:51] {Les} watching the banksters
[13:51] {Les} don't appear ready to follow
01[13:52] {Threei}  TNA is more of a guide for IWM, I'd think
[13:54] {Les} JPM, GS weak not tempted by index breakout
01[13:59] {Threei} Short Setup: CAT  .35 breeak hl
01[13:59] {Threei}  If holds  .45 
01[14:02] {Threei}  change to .40 break
01[14:02] {Threei}  If holds  .50 
01[14:02] {Threei}  Invalidated  
[14:02] {robbers} You scared it, Vad.
01[14:03] {Threei}  I guess
01[14:03] {Threei}  I tend to do that to stocks
01[14:03] {Threei}  people
01[14:03] {Threei}  children
[14:03] {robbers} They know you were for Romney, revenge.
01[14:03] {Threei}  I guess
01[14:04] {Threei}  although I'd argue, I was not so much for romney as I was againsta obama :)
[14:04] {robbers} Yeah, distinctly different.  You can vote for one candidate....or against the other.
[14:05] {Les} or not vote at all
[14:05] {robbers} Or just cash in your chips and vote for Ron Paul.
01[14:05] {Threei}  the only way republicans wouldn';t get my endorsement would be if they ran Karl Marx as their candidate
[14:05] {Les} lol
[14:05] {Les} the guy was brilliant
[14:06] {Les} his analysis turned political remedy sucked though
01[14:06] {Threei}  sure... so was Stalin
[14:06] {Les} no way
[14:06] {Les} well
[14:06] {Les} maybe
[14:06] {Les} a cunning rodent
[14:06] {robbers} Yeah, Karl Marx or Putin.  Or is it the same person?
[14:06] {nemo} yeah, older I get more I appreciate Uncle Joe
[14:06] {scottie} THC l .55 ?
01[14:06] {Threei}  yes
01[14:06] {Threei}  looks right
[14:07] {scottie} C&H ?
01[14:07] {Threei}  you know more effective mass murderer? it takes a lot of brilliance to terrorize country of such size
01[14:07] {Threei}  just JBE
01[14:07] {Threei}  not really robbers
[14:08] {thomcbell} wow one of the best charts in the market in daily timefreame
01[14:08] {Threei}  Putin is a Stalin's reincarnation, not Marx's
[14:08] {Les} might be lower high forming here on THC
01[14:09] {Threei}  THC is one of those benefitting from Obama reelection
[14:09] {Les} how?
01[14:10] {Threei}  unlike say, ANR
[14:10] {Les} oh healthcare
01[14:10] {Threei}  right
01[14:11] {Threei}  neverending drama:
01[14:11] {Threei}  (or, to wit, drachma)
01[14:11] {Threei}  (GR) Greece PM Samaras: Working to restore credibility; measures are appropriate and structural in nature - address before parliament vote on austerity legislation- Notes that noone should be exempt from the measures - Vote today will 'decide the future of Greece within the EMU'; only alternative is a return to the Drachma - Have been fighting for the next aid tranche to be more than the scheduled �31B
[14:11] {nemo} oh...thought you were talking about pot legalizaation
01[14:11] {Threei}  (US) President Obama reportedly calls leaders of both parties to request they work together -
[14:12] {nemo} riiiiiiiiiiiiigggggghhhhhhttttttt
[14:12] {Les} I c u can marry now Nemo... legally
[14:12] {nemo} yeah, interspecies
01[14:12] {Threei}  bunny??
[14:12] {Les} hehehe
[14:12] {nemo} turned me down
01[14:12] {Threei}  huh... didn't take your offer to make her an honest, umm
01[14:13] {Threei}  female bunny
[14:13] {nemo} bared her teeth
01[14:13] {Threei}  OK{ tat's scary
[14:13] {nemo} yeah, she's bit me before...nasty
[14:15] {Les} u certainly don't need a wife do ya
[14:15] {will49} oooh
[14:16] {Les} the maintenance is certainly cheaper...
[14:17] {will49} been looking around...no MJ retail stores open yet in WA
01[14:19] {Threei}  MJ?
[14:19] {will49} you know...BC flag
[14:20] {will49} they used to call in maryjane in my day
[14:20] {robbers} Interesting article:  http://www.marketwatch.com/story/gephardt-warns-of-bad-days-for-markets-2012-11-07?link=MW_latest_news
01[14:20] {Threei}  got it
01[14:21] {Threei}  sorry, sonme of these references get lost on this foreigner
[14:21] {will49} generational thjing too Vad
01[14:22] {Threei}  they spilled 3000 litres of fuel yesterday in Port Angeles by overfilling a barge, will - my guess is, they were stoned
[14:22] {will49} lol
[14:22] {will49} hope nobody lights a match in Victoria
01[14:23] {Threei}  lol
[14:23] {will49} or is it "lites" a match?
[14:24] {thomcbell} slw shaping up as is gdx here
01[14:24] {Threei}  a bit too narrow tbell, I doubt there is room for profit
[14:25] {scottie} PFE l .40 ?
01[14:25] {Threei}  I think so
01[14:27] {Threei} Short Setup: ANR  .40 break
01[14:27] {Threei}  If holds  .50 
01[14:29] {Threei}  I almost feel liker I can speak Greek:
01[14:29] {Threei}  (GR) Greece Syriza Party (opposition) leader Tsipras: Current Govt has no kept its election promises
[14:30] {thomcbell} i bought small gdx 50.56 
01[14:30] {Threei}  will, next time we drink with ese, let's switch to Greek
[14:31] {will49} it's all greek to me
01[14:31] {Threei}  one of us will say "ese, you have drink your vodka to bottom", antoher add: "oppa!"
[14:31] {will49} :)
01[14:31] {Threei}  or rather" you have no drink"
[14:34] {dino} what i miss
01[14:35] {Threei}  not much
01[14:35] {Threei}  some bounce
01[14:35] {Threei}  but mostly stall
01[14:36] {Threei}  so we study Greek, spill fuel in the ocean and smoke just-legalized stuff, while discussing nemo's interspecies marital intentions
[14:36] {will49} what alife
[14:37] {nemo} productive day
01[14:37] {Threei}  isn't it
01[14:37] {Threei}  too bad ese had to leave
[14:37] {will49} he\s celebrating
[14:38] {dino} lol
01[14:38] {Threei}  yeah, I can hear fireworks from his 'hood
[14:38] {will49} with all his socialist schoolteachers
[14:38] {thomcbell} 1:1 gdx
01[14:38] {Threei}  wtg
01[14:38] {Threei}  ANR nice consolidation
[14:38] {thomcbell} gs day low 
01[14:38] {Threei}  shouyld be effective breakdown
[14:39] {will49} hooray..somebody making coin
[14:39] {will49} tbell
[14:41] {scottie} USB s .50 ?
01[14:41] {Threei}  yes
[14:42] {scottie} in .49
[14:44] {thomcbell} capitulative volume for a contra move on FIO ?
[14:44] {thomcbell} hate this daily chart though
01[14:46] {Threei}  not sure about FIO, I don't see any setup
[14:47] {thomcbell} gdx 1:2
[14:49] {thomcbell} there was your volume spike on FIO
01[14:50] {Threei}  yes
01[14:50] {Threei}  watching
01[14:51] {Threei}  for double bottom
01[14:51] {Threei} Long Setup:  FIO  .90 break hl
01[14:52] {Threei}  If holds  .80 
[14:54] {dino} fio hl l .95 stop .79
01[14:54] {Threei}  with any help, should be capable of 30 - 40 cents move
[14:56] {scottie} +.12 on fio tks Vad
[14:56] {thomcbell} 23.60 breakdown area is my target 
01[14:57] {Threei}  :)
01[15:00] {Threei}  (GR) Greece Syriza Party (opposition) leader Tsipras: Says the austerity bill will destroy the lives of the Greek people.
01[15:00] {Threei}  of course but where have you been while your country was borrowing and borrowing and borrowing...
[15:01] {Les} partying partying partying
01[15:01] {Threei}  there you go
[15:01] {will49} that's what my wife calls me "austerity bill"
01[15:01] {Threei}  everyone smartens up only when collecting agency comes knocking
[15:01] {Les} the wife notices more greek, spanish, french cars on swiss roads during working hours
[15:02] {Les} austerity drive to better working pastures I guess
01[15:04] {Threei}  we need FIO to take 23 and hold it firmly... then it's only up from there
[15:05] {scottie} jumped in fio at .88, sold half at 23, and the rest at .88, thought the trade was over !
01[15:06] {Threei}  14:54] {Threei} with any help, should be capable of 30 - 40 cents move
01[15:07] {Threei}  staying with this view so far
[15:08] {thomcbell} could have a nasty flush of bottom fishers first 
01[15:08] {Threei}  flushed will we be then
01[15:09] {Threei}  correction: are
01[15:09] {Threei}  ANR trigered
01[15:09] {Threei}  if this one doesn't work I will be on strike from 4 pm till 9:30 am
01[15:10] {Threei}  scottie's scalping ways saved his bacon
01[15:10] {Threei}  or his montreal smoked meat
[15:11] {scottie} did the trade by the book, Vad, sold half at 1:1, raised my stop to .89, and went out at .88
[15:11] {nemo} spy looks like aapl kinda
01[15:11] {Threei}  will, whatever route you chose on your way back, do not drive past Cowichan lake
[15:12] {will49} why?
01[15:12] {Threei}  A driver was killed near #LakeCowichan after a rock from a passing logging truck flew through the windshield
01[15:12] {Threei}  this morning
[15:12] {nemo} golden bb
[15:12] {dino} gj scott
[15:13] {scottie} tks dino
01[15:13] {Threei}  that's why they write those books...
01[15:13] {Threei}  for us to trade by them
01[15:13] {Threei}  maybe I need to read some
[15:13] {scottie} can't short ANR, error 3599, anybody knows what that means?
01[15:14] {Threei}  try enter .40 offer
[15:14] {nemo} they don't have it in inventory
[15:14] {scottie} CC8 ?
01[15:14] {Threei}  if accepts it, it's an uptick rule
[15:14] {nemo} yeah
[15:14] {nemo} it's on uptick rule
01[15:14] {Threei}  stock is down more than 10%, uptick rule goes in effect
[15:15] {scottie} tks
01[15:15] {Threei}  does it take your .40 offer?
[15:16] {scottie} got it
01[15:17] {Threei}  when you try to short stock that is down 10% and more, use ARCA
01[15:17] {Threei}  it has better algorythm for such cases
[15:18] {scottie} good to know tks
[15:20] {dino} thg spike
[15:23] {will49} hotel check-out time! Good luck guys
01[15:23] {Threei}  drive safe will
[15:23] {scottie} have a nice safe trip will
[15:24] {will49} :D thanks
[15:24] {dino} cya will
01[15:24] {Threei}  frikin FOI rinsed us
01[15:24] {Threei}  FIO
[15:25] {cc_8} Emerging Markets Bond ETFs Showing Post-Election MettlePosted on: Wednesday, November 7, 2012 - 2:32pm
[15:25] {cc_8} As U.S. equities falter following the results of Tuesday's presidential election, one of this year's most popular asset classes is proving quite study: Emerging markets bonds.
[15:25] {dino} 07 green, rally
[15:26] {scottie} out USB -.08
[15:26] {cc_8} Obamacare Stocks Go Crazy in Wake of President's Re-ElectionPosted on: Wednesday, November 7, 2012 - 3:21pm
[15:26] {cc_8} Not surprisingly, insurance stocks are going crazy on Wednesday after President Barack Obama was re-elected in a decisive victory over Republican challenger Mitt Romney.
[15:27] {dino} lnc hl l .90
[15:29] {scottie} anr stpo .46 ?
[15:29] {scottie} stop
01[15:30] {Threei}  yeah
[15:33] {thomcbell} wow gdx 
01[15:37] {Threei}  meh
01[15:37] {Threei}  not our day
01[15:37] {Threei}  not a disaster but negative
[15:37] {scottie} enough of this, see you all tomorrow
01[15:38] {Threei}  you too scottie, we will get them tomorrow
01[15:38] {Threei}  we always do
[15:38] {Les} yeh off to bed here. c u's tomorrow
01[15:38] {Threei}  take care les
[15:55] {thomcbell} GS garbage 
[15:58] {Beau} vad, please note--did not gloat. Just quietly smiled .
[15:58] {Beau} modest like most texans
01[15:59] {Threei}  I appreciate it beau
01[15:59] {Threei}  gracious winners, not so sore losers :)
[15:59] {Beau} take care all
01[15:59] {Threei}  also... what to gloat about... 20T in debt in 4 years? :)
[15:59] {robbers} Take care.
01[15:59] {Threei}  we are all losers in that scenario
[16:00] {Beau} I'll keep that to see how accurate in Nov 2016.
[16:01] {Beau} good night.
01[16:01] {Threei}  thank you all
01[16:01] {Threei}  have a good evening, see you tomorrow