Friday, November 16, 2012

Nov 16 2012

Not a big but profitable day, ending week on a decent note. 

In other news, 111 TRADES course has been designated as a finalist in the Star Awards by TraderPlanet. We will be thankful for your support by voting for it. Details are at http://www.realitytrader.com/traderplanet.html

 Session Time: Fri Nov 16 00:00:00 2012
[08:55] {nemo} lvs news?
01[08:58] {Threei}  LVS (ES) Madrid to cut casino tax to 10% from 45% for EuroVegas project - financial press (related EWP )
[08:58] {scottie} good morning
01[08:59] {Threei}  scottie :)
01[09:01] {Threei}  required reading for you, komrade nemo: http://goo.gl/jqHAv
[09:02] {nemo} thank you Komrade Vadymovich
01[09:05] {Threei}  submit your written esse on the topic above by 17:00
[09:07] {ese} morning
[09:09] {ese} ok i'm confused.......what the heck is the difference between the EU and the Eurozone.....
[09:09] {ese} The wider 27-nation EU, which includes non-euro countries, avoided the same recession fate as the eurozone.  Eurostat said the EU's output rose 0.1 per cent during the third quarter, largely on the back of an Olympics-related boost in Britain.
[09:10] {ese} if one contains the other and one expanded by 0.1 and the other contracted by 0.1....it's a wash
[09:10] {ese} Official figures Thursday showed that the eurozone contracted by 0.1 per cent in the July to September period from the quarter before as economies including Germany and the Netherlands suffer from falling demand.
01[09:11] {Threei}  hold on ese
01[09:11] {Threei}  before we get into that, I have more for you
[09:11] {ese} but the Eu expanded.........
01[09:12] {Threei}  11:51] {Threei} ok, we need ese to come back for a min, to talk about those mortgages:
01[09:12] {Threei}  [11:51] {Threei} (US) House Financial Service Commitee Chair Rep Bachus (R-AL): FHA will need Treasury bailout within one month- Reminder: yesterday reports circulated that the FHA was nearing a point at which it could run out of reserves due to rising mortgage deliquencies; may ask for taxpayer money for the first time
01[09:12] {Threei}  and
01[09:12] {Threei}  (US) North America OCT SEMI book to bill ratio: 0.75 v 0.81 prior (5th reading below parity, 7th consecutive m/m decline)- OCT (3-month avg) worldwide bookings (orders) m/m: $743M v $913M prior - OCT (3-month avg) worldwide billings m/m: $986.5B v $1.16B prior
[09:12] {cipher} gm
01[09:12] {Threei}  cipher :)
01[09:13] {Threei}  now, eurozone is 17 countries that use euro as single currency
01[09:13] {Threei}  EU is 27 countries, 10 of which contunue using their oen currency
01[09:13] {Threei}  own
[09:14] {Beau} Good Morning
01[09:15] {Threei}  beau :)
[09:15] {ese} so if they are all conected.....one expands by 0.1 and the other contracts by 0.1 it's a flippin wash
[09:15] {Les} morning
01[09:15] {Threei}  beau :)not really
01[09:15] {Threei}  les :)
01[09:15] {Threei}  most of EU expansion is one country, Britain, and one event - Olympics
01[09:16] {Threei}  that makes no change to the economy of the continent,
[09:16] {thomcbell} lvs - hehe
01[09:16] {Threei}  while contraction of the core means recession, rising unemployment etc'
[09:17] {ese} i detect fear mongering here...............
01[09:17] {Threei}  you misread the comments
01[09:17] {Threei}  there is no fear mongering or panic or anything like that
[09:17] {ese} maybe........
01[09:17] {Threei}  there is realism vs pink-colored glasses
[09:17] {ese} but so far the sky is not falling
01[09:18] {Threei}  if you thinkl everything's fine, you are wearing those
01[09:18] {Threei}  so far, no - we are simply on a downward slope
01[09:18] {Threei}  which leads into abyss if we do not change course
[09:18] {ese} agreed
01[09:18] {Threei}  let me put it this way
01[09:19] {Threei}  if you spend 1000 a month, make 700 a month and borrow 300, each and every month, and already owe 5000,
[09:20] {ese} there it is again..........free offer of a green card to work for nemo just appeared at the top of this web page
01[09:20] {Threei}  can you continue that for long and how is it going to end if you don't stop spending and borrowing?
[09:20] {Les} you've married my wife
[09:20] {ese} lol
[09:21] {Will49} gm
01[09:21] {Threei}  does realization that this path is unsustainable mean you are a fear mongerer?
[09:21] {ese} will
01[09:21] {Threei}  will :)
01[09:21] {Threei}  now, if I may make next step:
01[09:22] {Threei}  if on another month you managed to borrow not 300, but 500, and got a bit more room for spending,
01[09:22] {Threei}  does it measn that your situation improved?
[09:23] {ese} in a way yes ............the constant posting of negatvie news anywhere without without offer up anypositve solutions is fear mongering
[09:23] {ese} offering
[09:23] {nemo} mmmhhh db spy
01[09:23] {Threei}  please answer the question above
[09:23] {dino} gm
01[09:24] {Threei}  dino :)
[09:24] {nemo} NO
[09:24] {ese} no sure i get you there
[09:24] {ese} not
01[09:24] {Threei}  if on another month you managed to borrow not 300, but 500, and got a bit more room for spending, does it mean that your situation improved?
[09:24] {ese} not necessarily
[09:24] {ese} depends on the circumstances
01[09:25] {Threei}  but that's exactly what you asre telling us when pointing out to improved numbers
01[09:25] {Threei}  you borrowwed more and spent it
01[09:25] {Threei}  how did it improve your situation, other than gave you one month relief and dug deeper hole?
01[09:26] {Threei}  money is gone and you owe even more, and pay even more interest
01[09:26] {Threei}  interest grows, and soon will become your major share of spending
01[09:27] {Threei}  and lenders start worrying
[09:27] {ese} am now confused even more...........my original comments were about the EU and Eurozone.......
01[09:27] {Threei}  and are about to refuse another loan, or raise interest
[09:27] {ese} ones up ones down by the same amount.......
01[09:27] {Threei}  I am answering your general comment about fear mongering and sky not falling
01[09:28] {Threei}  that one I addressed earlier:
01[09:28] {Threei}  09:15] {Threei} most of EU expansion is one country, Britain, and one event - Olympics
01[09:28] {Threei}  [09:16] {Threei} that makes no change to the economy of the continent,
01[09:28] {Threei}  [09:16] {Threei} while contraction of the core means recession, rising unemployment etc
[09:28] {ese} well if ones is up and one is dn by the same amount.....is a wash and not negative
01[09:28] {Threei}  lift your eyes by 3 lines :)
[09:28] {ese} anyway.......this could go on forever
[09:29] {dino} lol
01[09:30] {Threei} Short Setup: FCX  37 break hl
01[09:31] {Threei}  If holds  .10
01[09:31] {Threei}  1:1
[09:33] {thomcbell} fb
[09:33] {thomcbell} beast
01[09:35] {Threei}  it's not done destroyng bears
01[09:35] {Threei} Short Setup: FB  .60 break hl
01[09:35] {Threei}  If holds  .70
01[09:36] {Threei}  nope
01[09:38] {Threei} Long Setup:  LVS  .90 break
01[09:38] {Threei}  If holds  .80
01[09:39] {Threei}  Invalidated
01[09:41] {Threei}  US October industrial production falls 0.4%, Fed says
[09:43] {thomcbell} wynn sold off pretty good think lvs a short here \
[09:43] {thomcbell} but it is wicked
[09:44] {thomcbell} short setup lvs 42.68 break if holding 42.80
01[09:44] {Threei} Short Setup: FCX  .80 break
01[09:44] {Threei}  If holds  .90
01[09:45] {Threei}  Invalidated
01[09:45] {Threei}  wow, I just saw Hostess news
01[09:46] {Threei}  this is nasty
01[09:47] {Threei} Short Setup: CAT  .20 break hl
01[09:47] {Threei}  If holds  .30
01[09:47] {Threei}  change to .30 break, if holds .40
01[09:48] {Threei}  1:1 but entry was tough
[09:48] {scottie} didn't get it
[09:48] {thomcbell} lvs 1:1
01[09:48] {Threei}  yeah, not many shares were available
[09:49] {scottie} great call though
[09:50] {thomcbell} lvs 1:2
01[09:50] {Threei}  nice one on LVS tbell
01[09:50] {Threei}  nailed it perfectly
[09:50] {thomcbell} tu
[09:50] {thomcbell} covering rest there 42.39
[09:51] {Will49} super tbell
01[09:52] {Threei} Short Setup: BP  40 break
01[09:53] {Threei}  If holds  .10
01[09:53] {Threei}  this one is not a scalp
01[09:54] {Threei}  target 1:4 - 1:5
[09:55] {nemo} nice volume, trying to hold it up
01[09:58] {Threei}  Armed wing of Hamas says it has fired a Qassam rocket at Jerusalem; air raid sirens wailing in Jerusalem
[10:03] {dino} whoosh down coming imo
01[10:03] {Threei}  I concur
01[10:03] {Threei}  or is it konkur?
[10:04] {thomcbell} oof - LVS
01[10:04] {Threei}  let's trail BP to .06
[10:04] {Les} what is a whoosh?
01[10:04] {Threei}  protection against double bottom
01[10:04] {Threei}  sound water makes when goes down the drain, les :)
[10:05] {nemo} Les....
[10:05] {dino} spy going for that 134 gap
[10:05] {Les} that's more girgling isn't it?
[10:05] {nemo} the whooshing sound will stop if you put ear plugs in at least one ear
[10:05] {Les} hahahah
01[10:05] {Threei}  hmmm... your european drains must have different construction
[10:06] {nemo} too funny this little bottom is the Semesterly pivot
01[10:06] {Threei}  ours whoosh, your gurgle
[10:06] {dino} sina gap 44.53 aug
01[10:06] {Threei}  1:1 BP
[10:09] {nemo} arguably spy/iwm long here
[10:11] {thomcbell} wow wynn up only 1% - still looking for another lvs entry
[10:11] {cipher} sina s .82
[10:14] {cipher} cov .52 +.30
[10:14] {cipher} thx dino
[10:14] {nemo} those tails look like SINA got farther to go
[10:15] {thomcbell} nasty gld
[10:15] {dino} gj cipher
[10:15] {cipher} l sina .40
[10:16] {cipher} out .61
[10:16] {cipher} nice moves
[10:16] {Will49} nice shooting
[10:16] {nemo} finger lightning
[10:17] {Will49} steel balls
[10:17] {dino} clf hl l .76
[10:17] {nemo} whoa, cardiac trader
[10:17] {cipher} SINA L .29
[10:17] {cipher} out .65
[10:18] {Will49} magnificance
[10:18] {cipher} no fill @.25 had to chase a bit
[10:19] {dino} hov l .51
[10:25] {thomcbell} lvs still vulnerable but cant get a pattern
[10:25] {nemo} play it short, it was news on a tax rate and a project that hasn't even started
[10:26] {cipher} sina l .62
[10:26] {cipher} out .02 +.40
[10:27] {Will49} on a tear
[10:27] {cipher} damn bastards no fill @.20
[10:27] {cipher} trying to pick my pocket
[10:27] {Will49} sue 'em
[10:28] {nemo} said the pocket picker
[10:28] {cipher} lol
[10:29] {thomcbell} FB unreal
[10:30] {thomcbell} turned into a serious up stock
[10:35] {dino} clf stop -.26
01[10:35] {Threei}  never underestimate power of short squeeze... and sheer number of idiots going for such obvious plays as "shot on lockup expiration whole world talks about for months"
01[10:35] {Threei}  shot = short
[10:35] {Les} you sound like darth vader
[10:36] {Les} never underestimate the power of the dark side
[10:36] {cipher} vad thinking about vodka shots already
01[10:36] {Threei}  well, I don't breathe that heavily
01[10:36] {Threei}  let's cover second partial on BP here
[10:36] {nemo} dark side light side, different views on the same thing
[10:37] {Les} oh go away you
[10:37] {nemo} use the dark when you need the dark use the light when you need the light
01[10:37] {Threei}  and drink when bored
[10:37] {Les} no either/or in your book is there?
[10:37] {nemo} drink when bored, drink when engaged, hook up IV while sleeping
[10:38] {Les} due to order error all covered BP .81 ty
[10:38] {Les} will short more if .80 is broken
01[10:38] {Threei}  you may have heard that British scientists discovered that chocolate improves the mood. My understanding is, they haven't tried vodka
[10:39] {cipher} nice patience on BP
01[10:39] {Threei}  wanted more actually
[10:39] {cipher} I got tired of it long time ago
[10:39] {Will49} nice tip on the partial Vad
[10:39] {dino} clf hl l .50\
01[10:39] {Threei}  but the last part is stopped on a trail, .92
01[10:39] {Threei}  it touched 1"2 second time and bounced rather quickly
01[10:39] {Threei}  1;2
[10:40] {Les} boredom good cipher
01[10:40] {Threei}  this kind of things makes me wary
[10:40] {Les} your trading terrifies me
[10:40] {Les} vwap .96 BP
[10:40] {cipher} sina l .80
[10:41] {cipher} out .70
[10:42] {nemo} did cipher lose money?  wtf
[10:42] {nemo} he must be a vulcan
[10:42] {Will49} come on cipher...bare down
[10:43] {nemo} yeah grow a set
[10:43] {nemo} sheesh
01[10:48] {Threei} Short Setup: FCX  .60 break
01[10:48] {Threei}  If holds  .70
[10:50] {nemo} http://www.youtube.com/watch?v=Dd7FixvoKBw&sns=em
01[10:54] {Threei} Short Setup: FB  .50 break
01[10:54] {Threei}  If holds  .60
[10:58] {thomcbell} looks like a long here FB
[10:58] {nemo} yep
[10:58] {thomcbell} go test the reaction high
[10:59] {nemo} 24.25 next level
[10:59] {Les} another .10 on BP ty
[11:00] {nemo} lvs
01[11:03] {Threei}  :)
[11:07] {Les} what is this Key & Peele? Too funny
[11:07] {nemo} sent to me
[11:08] {nemo} lvs
[11:08] {nemo} sorry
[11:09] {dino} gps hl l .45
01[11:11] {Threei}  (US) Coast Guard: A shallow water oil platform in the Gulf of Mexico is on fire due to an explosion- Occurring in the WD block 32 - 2 deaths reported
[11:12] {Will49} BP Karma
01[11:12] {Threei}  not indicated whose platform
[11:12] {Les} thought Obama shut down oil production in GOM
01[11:12] {Threei}  uh oh
01[11:12] {Threei}  (EU) Russia PM Putin: Believes in the fundamental basis of the EU economy; Euro has proven itself as a stable currency
01[11:12] {Threei}  run for your life
01[11:13] {Threei}  sell all euro you have
[11:13] {Les} yeh patching up relations with GErmany
[11:14] {Les} or he's selling
01[11:14] {Threei}  ok, this seals the question whether Obama's decisions are based on anything but politics of the moment:
01[11:14] {Threei}  US President Obama said to have voiced opposition to relaxing the corn ethanol laws; will maintain the mandate - fianncial press- Reminder: Some states in recent weeks had requested that the Govt ease its requirements for ethanol blend in gasoline
[11:14] {nemo} V might be a short below .50
01[11:17] {Threei}  57% Favor Tax Hike On Those Who Make Over $250,000
[11:17] {Will49} surprise surprise
[11:17] {nemo} that keeps corn prices up
[11:17] {nemo} another way to hide farming subsidy
[11:18] {thomcbell} aapl unreal
[11:24] {thomcbell} wow what a gift on lvs and wynn
[11:30] {thomcbell} aapl almost a long
[11:30] {thomcbell} this is reaching near hysteria
[11:30] {thomcbell} short term
[11:30] {scottie} half out fcx
[11:31] {thomcbell} long small lvs
[11:34] {dino} sina gap fill
[11:36] {scottie} out
[11:38] {thomcbell} out lvs + 0.20
01[11:40] {Threei}  finally FCX
01[11:40] {Threei}  half out
[11:41] {Will49} that was an exercise in patience
01[11:42] {Threei}  no kidding
[11:42] {dino} hl l sina .80
[11:42] {scottie} was already half out at .50 and stopped at .61, how come you're still in ?
[11:42] {dino} spike
01[11:42] {Threei}  it never took my bid
[11:42] {nemo} HOLY SHIT WTF!!!
01[11:42] {Threei}  last time I mean
[11:43] {scottie} Ahhh
[11:43] {nemo} this was the bottom
01[11:43] {Threei}  (US) House Speaker Boehner: Talks were constructive; will continue to have revenue on the table - joint press conference following White House meeting- Confident can advert the fiscal cliff - Sen Reed: Can not kick the can down the road.
[11:45] {scottie} CTL l .70 ?
[11:46] {nemo} I wonder how they'll get the VAT tax through, but that's not until next year
[11:46] {scottie} if holds .60
[11:46] {scottie} ok
01[11:46] {Threei}  :)
01[11:46] {Threei}  OK, I can't see this spike as sustainable if that report is all it was based on
[11:47] {nemo} no, but it came at major levels on the Qs finnies and IWM and was slightly above the earlier low on SPY
01[11:47] {Threei}  selling of the last week and half was not based on fiscal cliff
01[11:47] {Threei}  yup
01[11:48] {Threei}  that's a temporary relief caused by buying by misguided at the moment when selling overextended itself a bit
01[11:48] {Threei}  I don't think selloff ios anywhere near over
[11:49] {nemo} nah, this is it for a while
[11:51] {dino} out sina .30, +.50
[11:51] {dino} out clf .87, +.37
[11:52] {cipher} wtg
[11:59] {thomcbell} aapl i couldnt do it but nice 10 bucks in 30 minutes
[12:00] {scottie} BMC l .50 if holds .40 ?
[12:00] {scottie} too late
[12:03] {dino} out hov .63, +.12
[12:04] {scottie} C 35 if holds .90 ?
01[12:07] {Threei}  probably
01[12:07] {Threei}  I'd prefer aggressive entry on pullback
[12:07] {scottie} below .90 ?
01[12:08] {Threei}  on recross, yes
[12:09] {scottie} in .92
01[12:10] {Threei}  wityh stop under low of the pullback
[12:10] {scottie} stop .82
01[12:12] {Threei}  mastering new technique, eh? :)
[12:12] {scottie} half out
[12:12] {Will49} tks scottie
01[12:12] {Threei}  isn't it a beauty
01[12:12] {Threei}  aggressive entries are my favorite
[12:14] {scottie} out
[12:15] {scottie} yw will
[12:15] {Will49} still in
[12:16] {Will49} didn't trail stop...too tight IMHO
[12:19] {Will49} broke the rules I guess
[12:20] {Will49} now we'll see if I'm lucky
[12:21] {Will49} out
[12:21] {Will49} unlucky
[12:21] {scottie} could've worked
[12:22] {Will49} Yeah..thanks Scottie
[12:28] {scottie} yw
[12:30] {dino} out gps .70, +.25
01[12:38] {Threei} Long Setup:  FCX  37 break
[12:41] {thomcbell} aapl - lol
[12:43] {thomcbell} aapl just went up 4% from low and right to pivot at 529.32
[12:44] {nemo} did you short at the double top?
[12:44] {thomcbell} no i am sitting this out
[12:44] {nemo} you and that wuss cipher
[12:47] {thomcbell} short setup splk 28.63 break if holding 28.78
[12:55] {scottie} STX l .25 if holds .15 ?
01[12:55] {Threei}  hmmm
01[12:56] {Threei}  hard to tell
[12:56] {scottie} ok
01[12:56] {Threei}  will, let's check that fix... see if you got an e-mail pls?
[12:57] {thomcbell} splk invalidated
01[12:57] {Threei}  .20 break feels like short to me on STX
[12:58] {scottie} thought it was a JBE !
[12:58] {Will49} No..didn't get it
01[12:58] {Threei}  can't be
[12:59] {Will49} got it yesterday
01[12:59] {Threei}  new one went out 5 min ago
01[12:59] {Threei}  maybe not in box yet
01[13:00] {Threei}  it is a JBE, but fade looks more likely here
[13:00] {scottie} ok, in .19
[13:00] {Will49} well, maybe due to the vast distance between us it will take a while
[13:01] {Will49} I'm in too scottie
[13:01] {scottie} stop .25 ?
01[13:01] {Threei}  .26
[13:01] {scottie} tks
01[13:02] {Threei}  cover half
[13:03] {thomcbell} lvs again
01[13:03] {Threei}  easy money
[13:03] {scottie} half out
[13:06] {thomcbell} duh splk
[13:12] {thomcbell} short settup lvs 41.85 break if holding 41.95 Vad?
[13:12] {scottie} How did you see it was a short Vad ?
[13:13] {scottie} not short Vad but short, Vad
01[13:13] {Threei}  I think so tbell
01[13:13] {Threei}  lol
01[13:14] {Threei}  not sure i can put it in words, scottie... trying
01[13:14] {Threei}  there was a feeling of lack of energy
01[13:14] {Threei}  no drive
[13:15] {scottie} Mostly gut feeling, experience... ?
01[13:16] {Threei}  i guess
[13:17] {scottie} tks
[13:19] {thomcbell} lvs 1:1 if anyone did it
01[13:19] {Threei}  :)
[13:19] {Will49} got it tbell tks
[13:24] {scottie} Vad, do you think STX can give more than 1:2 ?
01[13:25] {Threei}  I doubt it
01[13:25] {Threei}  book it
[13:25] {scottie} tks
[13:26] {scottie} book it ?
01[13:26] {Threei}  book the profit
[13:26] {scottie} you mean sell now ?
01[13:26] {Threei}  cover rather
01[13:26] {Threei}  close position
[13:26] {scottie} of course, I mean cover
01[13:27] {Threei}  :)
[13:27] {scottie} out .04 +.15
[13:29] {Will49} still no email Vad
01[13:34] {Threei}  check junk box?
01[13:34] {Threei}  I saw it going out with my own eyes
[13:35] {Will49} nothing in junk either
[13:35] {Will49} I'm starting to feel jinxed...first mIRC now this
[13:36] {Will49} just kidding
01[13:36] {Threei}  guys, anyone has e-mail about star award for the 11 trades course?
[13:36] {scottie} yes
[13:37] {Les} y
01[13:37] {Threei}  ok, so it did go out
[13:37] {scottie} got it at 12:53
[13:37] {scottie} Will, do you have a category worst than junk, where you keep Vad ?
01[13:38] {Threei}  lol
[13:38] {Will49} should have
[13:39] {robbers} I got the email.
01[13:39] {Threei}  cool
01[13:40] {Threei}  do vote please when you got a min
[13:41] {Will49} sent you a test email Vad
[13:43] {scottie} voted
01[13:43] {Threei}  sent it back
01[13:43] {Threei}  thank you scottie
01[13:44] {Threei}  don't forget to click Submit after assigning a place :)
[13:44] {thomcbell} wow lvs certianly shaped up
[13:44] {Will49} got it Va
[13:44] {Will49} Vad
[13:46] {scottie} CVS l 45 ?
01[13:47] {Threei}  yes, with SPY help
[13:53] {scottie} in .01
[13:54] {Will49} moi aussi
[13:56] {thomcbell} lvs looks 2 sided here
[14:03] {Beau} back and yes on Star
01[14:03] {Threei}  :)
[14:15] {scottie} CVS still on trendline, but moving very slowly, moving stop to .94
01[14:15] {Threei}  good idea
[14:16] {scottie} SPY not helping very much here !
[14:16] {Will49} was stop move just because lot of time gone by?
[14:17] {nemo} I'm thinking spy kinda' hangs out between pivot and vwap into the post OP EX close
[14:17] {nemo} but if apple soils the bed linen it could get worse
[14:17] {scottie} .94 just below break of trendline
[14:18] {scottie} and SPY breaking down
[14:18] {nemo} yeah but spy only had .12 to pivot .18 to vwap
[14:19] {nemo} imo watch aapl on this pullback, look for it to weaken and then enter a short
[14:21] {nemo} as for me, I've cracked a bottle of anti-freeze before I go sit in a tree for a coupla' hours...communing with nature and all that
[14:21] {Will49} :)
[14:21] {nemo} btw this spy low is the 38.2 retrace off the top
[14:22] {Les} http://www.spiegel.de/international/business/playing-poker-with-trillions-a-prison-of-debt-on-both-sides-of-the-atlantic-a-867404.html
[14:23] {scottie} out
[14:23] {Will49} grrr as Vad says
[14:24] {Will49} apl did it nemo
[14:24] {Will49} appl
[14:24] {nemo} appl let go, this bottom is spy vwap and iwm pivot
[14:29] {nemo} very interesting, this aapl low is the the 38.2 off it's high.  I find the coincidences of relational moves entertaining
[14:29] {nemo} I'm tellin' ya' it's the PPT
[14:37] {dino} if it is, they aren't doing much
01[14:37] {Threei}  lol, no kidding
01[14:37] {Threei}  we are down 7+% in as many days
01[14:37] {Threei}  if that's not a plunge to protect from, what is
[14:41] {scottie} fwlt l 21 ?
01[14:42] {Threei}  no
[14:42] {scottie} ok
01[14:43] {Threei}  ot's either short into bounce or long after solid consolidation
[14:49] {scottie} NXY l .90 ?
01[14:50] {Threei}  no... pullback entrey, maybe
[14:50] {scottie} tks
01[14:51] {Threei} Short Setup: SLW  .65 break
[14:54] {Les} still valid?
01[14:55] {Threei}  yup
01[14:55] {Threei}  .75 is cutoff
01[14:58] {Threei}  not anymore
[15:00] {dino} .
01[15:02] {Threei}  NXY becomes inetersting here
[15:03] {scottie} .75 long ?
01[15:03] {Threei}  yup
01[15:03] {Threei}  with stop under .70
[15:05] {scottie} in .76
[15:06] {Will49} behind you till your nose bleeds
01[15:07] {Threei}  lol
[15:20] {dino} dfrg hl s .71
[15:33] {Les} SLW 36 break?
[15:34] {thomcbell} i thin so and gdx 46.34 break too
[15:34] {Les} thinking fade now. Not sure
01[15:34] {Threei}  can't tell
01[15:35] {Threei}  for SPY to break .50 and move, well... not impossible, but I don't want to bet on it
[15:36] {scottie} out -.07
[15:37] {Will49} -.08
[15:37] {thomcbell} very surprised by the difference in wynn and lvs this afternoon - wynn much closer to day low -
[15:40] {thomcbell} gdx 1:1
[15:40] {dino} cover dfrg .78 ave -.07
[15:42] {dino} calling it a week, thx all
[15:43] {Will49} Good weekend dino
[15:43] {Les} cheers dino
[15:43] {scottie} dino
01[15:43] {Threei}  take care dino
[15:43] {Les} me too. ciao
01[15:44] {Threei}  OK guys, let's call it a day/week
[15:44] {Will49} 10-4
01[15:44] {Threei}  thank you all, have a great weekend
01[15:44] {Threei}  don't forget to vote for that course
[15:44] {scottie} ok, good weekend all, see you monday
[15:45] {dino} ty