Friday, November 2, 2012

Nov 2 2012

Another slow but nicely profitable day. Overall, quite solid week.



Session Time: Fri Nov 02 00:00:00 2012
01[08:55] {Threei}  cipher, welcome back
01[08:55] {Threei}  you OK?
[09:12] {scottie} good morning
01[09:12] {Threei}  scottie :)
[09:13] {dino} gm
[09:13] {cipher} gm
01[09:14] {Threei}  dino, cipher :)
01[09:15] {Threei}  cioher, have you beren hit by hurricane?
[09:15] {cipher} sure
01[09:15] {Threei}  thought so
[09:15] {cipher} still no power where I live
01[09:15] {Threei}  tbell hasn't been in the room since then either
01[09:16] {Threei}  your house is OK?
[09:16] {Will49} gm everyone
[09:16] {cipher} thank god yes
01[09:16] {Threei}  will :)
[09:16] {cipher} and my family
[09:16] {cipher} all ok
01[09:16] {Threei}  good to hear
[09:16] {Beau} good morning
01[09:17] {Threei}  beau :)
01[09:18] {Threei}  will, you will love the irony of this:
01[09:18] {Threei}  08:58] * cc_8 (info@jtc-071bc3f8.asianet.co.th) Quit (Ping timeout: 121 seconds)
[09:18] {Will49} haha
01[09:19] {Threei}  as russian saying goes, "shoemaker with no shoes"
06[09:20] * Threei slaps cc_8 around a bit with a banner "Doctor, heal thyself"
[09:20] {Will49} :)
01[09:24] {Threei}  HSBC: "A Romney victory would favour USD-MXN gains, an Obama win the opposite."
[09:29] {nemo} we're at the spy 50SMA
01[09:29] {Threei}  I expect another slow day
[09:29] {ese} gm
01[09:29] {Threei}  let's handle it as we did last two
01[09:30] {Threei}  no rush, looking for decent trades and keeping the risk tight
01[09:30] {Threei}  where is Les btw
[09:30] {ese} goooooooooooood,,,,,,,,,oooooooood......moooooooooorrrrrrrrrrrninnnnnnnng ...like that
01[09:30] {Threei}  ese :)
01[09:31] {Threei}  and robbers
[09:31] {ese} na forget them.....we want the money men...........Cypher....Where are ya?
01[09:31] {Threei} Long Setup:  LVS  .30 break
01[09:31] {Threei}  If holds  .20
01[09:33] {Threei}  in aggressively .27
01[09:33] {Threei}  stop under .20
[09:33] {ese} in .28
01[09:33] {Threei}  no need to say, hl
[09:34] {ese} nice
01[09:34] {Threei}  that spread widening shows why you never use market orders on plays like this
01[09:34] {Threei}  guy who got his long filled at .39 still can't believe this
01[09:34] {Threei}  half out
[09:35] {nemo} yeah, especially this early when there's barely any liquidity
01[09:35] {Threei}  out in full
[09:35] {ese} out .56
[09:35] {ese} tks vad
01[09:35] {Threei}  welcome sir
01[09:35] {Threei}  nice and easy
[09:35] {nemo} tna above .70 looks good
[09:35] {Will49} good start Vad tks
01[09:35] {Threei}  :)
[09:35] {nemo} if spy going north
01[09:36] {Threei}  worst joke of the week:
01[09:36] {Threei}  Somebody invented a new cocktail called Hurricane Sandy. It's a watered down Manhattan.
[09:36] {dino} ari hl l .25
[09:36] {ese} ouch
01[09:36] {Threei} Long Setup:  FCX  .60 break
01[09:36] {Threei}  hl
01[09:36] {Threei}  If holds  .50
[09:37] {nemo} partialed .86
01[09:38] {Threei}  target 1:2
[09:38] {nemo} out tna
01[09:39] {Threei} Long Setup:  LVS  .30 break
01[09:39] {Threei}  deja vu
[09:39] {nemo} setting up for double bottom if thna holds .50 and spy holds .30ish
01[09:39] {Threei}  should be double bottom with higher low, SPY
[09:40] {nemo} yeah, watching financials too
01[09:40] {Threei}  what the deuce, where are people
[09:40] {Will49} are job numbers out yet?
01[09:41] {Threei}  1 hour and 10 min ago
[09:41] {nemo} yeah, 8:30 finviz.com
[09:41] {ese} wha da ya mean.....i'm here
[09:41] {ese} sheesh
01[09:41] {Threei}  sorry ese :)
[09:41] {ese} lol
01[09:41] {Threei}  SPY new low
01[09:41] {Threei}  umm... not new
01[09:41] {Threei}  lower
01[09:42] {Threei}  FCX is holding decently, but SPY beter reverse quickly
[09:42] {nemo} watching to see whaqt financials do to
[09:43] {nemo} buing small .53
[09:43] {nemo} tna
01[09:43] {Threei}  let's trail FCX to .54
01[09:43] {Threei} Short Setup: LVS  .20 break
01[09:43] {Threei}  If holds  .30
[09:44] {nemo} out
01[09:45] {Threei}  FCX acts salmonish
[09:45] {cipher} tna l .40
[09:47] {dino} bcor
[09:48] {nemo} spy at fib retrace here, but no volume looks like it wants to test the whole
01[09:48] {Threei}  things are slow, as expected
[09:48] {cipher} out tna -.11
01[09:49] {Threei}  LVS 1:1 close enough, half out
[09:49] {nemo} financials don't have support for another .20
01[09:49] {Threei}  stop to .21
01[09:50] {Threei}  out FCX
01[09:50] {Threei}  too bad, this one really wanted to up
[09:50] {nemo} bounce territory
01[09:50] {Threei}  good stop tightening
[09:51] {ese} spyders...slow death
[09:51] {nemo} they hold the whole we bounce
[09:51] {nemo} in tna .98
[09:52] {dino} bcor hl l .35
[09:53] {dino} out ari .52, +.26
[09:54] {nemo} here we go
01[09:54] {Threei} Short Setup: JPM  .65 break
01[09:54] {Threei}  If holds  .75
[09:55] {nemo} sm l fas above .50
[09:55] {nemo} out tna
[09:55] {nemo} sheesh
[09:56] {Les} morning
01[09:56] {Threei}  hey Les
01[09:56] {Threei}  Invalidated  JPM
[09:57] {nemo} well, at least fas worked
01[09:57] {Threei}  ese, dp sent an e-mail... said he is on strike - he refuses to trade until you introduce him to to the girls from your band
[09:58] {ese} nope!
[09:58] {dino} out bcor .35, +1.00
01[09:58] {Threei}  wtg dino
[09:58] {Will49} all right dino
[09:58] {dino} ty
[09:58] {ese} dino where did you find that one? bcor
[09:59] {dino} top ten decliners scanner w/my perimeters
[09:59] {ese} nemo........i got my finger on the trigger for tna if spy does higher low here
[10:00] {nemo} ok small tna .89 stop under .79 sheesh
01[10:00] {Threei}  *(US) SEPT FACTORY ORDERS M/M: 4.8% V 4.6%E
01[10:00] {Threei}  can you believe FCX?
01[10:00] {Threei}  dirty rotten scoundrel
[10:01] {Will49} these things are sent to try us
01[10:01] {Threei}  lol
[10:01] {nemo} raising stop to .80
[10:01] {dino} ssys
[10:02] {nemo} this is looking better
[10:02] {Will49} sitting here trying to be the pecker not the peckee
[10:02] {nemo} o.k. I'll cut you slack on that one
[10:02] {Will49} ah come on nemo
[10:03] {nemo} I'm in too much pain today
[10:03] {Will49} trying to brighten your day
[10:03] {Will49} bunny in a snit?
[10:03] {Les} TNA
[10:03] {nemo} shouldn't have tightened my stop
[10:04] {Les} ah already in
01[10:04] {Threei}  funniest line in financial headlines I've seen today:
01[10:04] {Threei}  Lean Hogs is in full bull mode according to our Trend Level indicator
[10:04] {Will49} i love agriculture metaphors
[10:05] {Les} nice risk control nemo
01[10:05] {Threei}  another aftershock, 4.3
01[10:05] {Threei}  they don't stop after that quake
[10:05] {dino} rvbd l .01 trig
[10:05] {Les} will Victoria fall back into the sea in the big one?
[10:06] {Will49} Vancouver Island all bedrock
01[10:06] {Threei}  it's a possibility
[10:06] {ese} Richmond will....just south of Vancouver
[10:07] {Will49} yeah...anything built on fill
[10:07] {Will49} legislature and hotel on harbour are done like dinner
[10:07] {Will49} in Vic
[10:07] {Les} hmmm same index setup as last time?
[10:07] {nemo} capitulation volume spy
[10:08] {Les} shake out the early buyers...
01[10:08] {Threei} Long Setup:  CAT  .15 break hl
01[10:08] {Threei}  If holds  .05
01[10:10] {Threei}  no go
[10:11] {nemo} l fas .02
[10:11] {nemo} stop under .90
[10:13] {nemo} I'm going back to bed
[10:13] {Will49} nemo=peckee
[10:14] {Les} nighty night
[10:15] {Will49} cc, i feel your pain
[10:15] {dino} ecpg hl l .40 gappy
01[10:16] {Threei} Short Setup: FCX  .40 break
01[10:16] {Threei}  If holds  .50
01[10:18] {Threei}  Invalidated
01[10:18] {Threei}  for now
01[10:21] {Threei}  valid again
[10:24] {ese} relentless dn here
01[10:25] {Threei}  yes... look at UUP
01[10:25] {Threei}  IMO, market starts accounting for Romney win
[10:25] {ese} somebody didn't like dem dar facatory erders
01[10:25] {Threei}  no
01[10:25] {Threei}  it's about USD
01[10:25] {Threei}  strengthening ahead of elections
[10:25] {ese} hmmmmm good point
[10:26] {Les} UUP far outside bb's in hourly time frame. Could be bear bait for weekend
01[10:26] {Threei}  look at GLD
[10:26] {dino} nah, i think its just random dancing
01[10:26] {Threei}  not in USD, dino
01[10:27] {Threei}  that's quite pronounced chart
[10:27] {dino} stocks i mean
[10:27] {ese} L tna sm.99
01[10:28] {Threei}  if Obama wins, on Wed you'll see dollar dropping like a stone
[10:28] {nemo} wow flr
01[10:28] {Threei}  and equities sparking higher
[10:28] {Les} and investor champagne flowing...
01[10:28] {Threei}  mixed with blood of middle class
[10:28] {Les} ugh not a nice picture
01[10:29] {Threei}  10:28] * cc_8 Quit (Ping timeout: 121 seconds)
[10:29] {Will49} good gawd CC, can't you fix that ping?
01[10:29] {Threei}  lol
[10:29] {dino} bcor hl l .15 stop .89
01[10:29] {Threei}  that's nothing Les... give it time and see what happens when US turns in USSR II
01[10:30] {Threei}  then we will ask ese again how he likes those ideas {G}
[10:31] {dino} lol
01[10:31] {Threei}  saw those lines at gas stations in NY?
[10:31] {dino} you see the ceo of interactive brokers commercial about the election. awesome
01[10:31] {Threei}  oh yes, forgot to tell ese
01[10:32] {Threei}  ese, look at that ad,
01[10:32] {Threei}  guy literally took words out of my mouth
[10:32] {dino} thought it was vad speaking at first
01[10:32] {Threei}  and you heard the same from me for many months now
[10:32] {Les} http://www.youtube.com/watch?v=B4ysvJq2N4E
[10:32] {ese} which ad....sorry L tna am watchin it
[10:32] {Les} this one?
[10:32] {Will49} too bad he's a voice in wilderness
01[10:33] {Threei}  yes, this is it
[10:34] {nemo} that's funny Liz Warren defended one of the asbestos companies
[10:35] {ese} out tna .27 +.28 would stay longer but gotta go.........have a great weekend all
[10:35] {Les} ciao ese
01[10:35] {Threei}  go?? wathc the ad first!
[10:35] {Will49} peace be on you E
01[10:36] {Threei}  have a good weekend ese :)
[10:36] {ese} have book marked it will check it out later cya
[10:37] {ese} will....gonna give you acall today or on the weekend
[10:37] {Will49} OK
01[10:37] {Threei}  don't pick up the phone will, he will turn you into raving socialist
[10:37] {scottie} xl s .80 ?
[10:37] {Will49} never in a million years
01[10:38] {Threei}  I think so scottie
[10:38] {Will49} I'm going to recruit HIM into BC Conservative party
01[10:38] {Threei}  lol
[10:38] {dino} scanners have slowed to almost a stop
[10:38] {scottie} in .78
[10:38] {Will49} They need a new leader anyway
01[10:39] {Threei}  safe bet that'll never happen :)
[10:39] {Will49} me sad
01[10:39] {Threei}  let's trail FCX to .46
[10:40] {dino} rvbd to .99
01[10:40] {Threei}  ational Daily Tracking: #Romney 48%, #Obama 48%
01[10:40] {Threei}  can't believe how tight it is
[10:40] {Les} this is bullshit
01[10:40] {Threei}  1:1 FCX
01[10:40] {Threei}  finally
[10:40] {Les} who creates this consensus
[10:40] {Les} every frikin election
01[10:41] {Threei}  not at all... at this point last one was like 54/44
01[10:41] {Threei}  out FCX in full
[10:42] {Les} after 2 rounds of W I am not surprised
01[10:42] {Threei}  nice 1:2 finally
[10:42] {scottie} fcx +.18 tks Vad
01[10:42] {Threei}  yw
01[10:43] {Threei}  nah Les... despite Bush, McCaon was ahead up to that Sept economy crash
01[10:43] {Threei}  XL baby
01[10:43] {Threei}  good find scottie
[10:43] {scottie} out xl +.25 :)
01[10:43] {Threei}  wtg
[10:44] {scottie} ty
[10:44] {Will49} FCX +.19 tks Vad
01[10:44] {Threei}  welcome
01[10:44] {Threei}  total repeat of last two days: slow, boring but solidly profitable
[10:46] {Les} wish I could join yas. seems Sandy knocked account creator for our broker
01[10:46] {Threei}  quite possibly
[10:48] {nemo} confluence across iwm spy Qs and finnies, if we bounce this is it
[10:52] {dino} out rvbd flat
[10:53] {Les} thought SLW solo breakout effort yesterday was strange. Nice smackdown. Let's see if former resistance holds as support
[10:58] {scottie} glmp s .35 ?
[10:58] {scottie} too spready, forget it
01[10:58] {Threei}  wrong symbol?
[10:58] {scottie} gmlp
01[10:59] {Threei}  gmlp
[10:59] {dino} bcor to .49
01[10:59] {Threei}  yeah, leave it be
[11:01] {dino} ecpg to .50
[11:02] {dino} out bcor .50, +.35
[11:03] {dino} ecpg to .64
[11:03] {dino} back min 30
[11:12] {scottie} exc s .40 ?
01[11:13] {Threei}  rather .50 long, IMO
[11:13] {scottie} isn't it an inverse C&H ?
01[11:16] {Threei}  starts curving the wrong way for that, fade is more likely
[11:17] {scottie} in l .51
[11:27] {dino} out ecpg +.24 while away
[11:29] {scottie} half out
01[11:31] {Threei}  :)
[11:31] {Will49} :)
[11:31] {Will49} Guess we had better leave him alone
[11:31] {Will49} or he may not rush to help me next time
[11:32] {Will49} doing my best Bill Clinton impression: CC, ah feel your pain
01[11:32] {Threei}  maybe it's contagious
01[11:32] {Threei}  - The effect of the decent US October employment on risk assets has worn off rapidly and equities are in the red in mid-morning trading. The S&P500 had risen to its 50-day moving average just before the open, however it has turned around and given up gains in the first hour of trading. The greenback has strengthened notably as risk assets trade lower; EUR/USD had fallen from 1.2940 earlier in the European session to trade below 1.2850
[11:34] {Les} nice catch on EXC scottie
[11:34] {Les} vwap is .68 likely target
[11:36] {scottie} tks Les
[11:37] {scottie} stop .53
01[11:39] {Threei}  LOL... Citing Climate Change Mayor Bloomberg Endorses Obama
[11:40] {dino} idiots
[11:41] {Beau} vad, http://news.yahoo.com/timeline-americas-long-stumble-toward-fiscal-cliff-111106760.html
[11:41] {Les} huh?!
[11:41] {Beau} Comment?
01[11:43] {Threei}  very unclear, Beau... I think they'll come up with some kind of compromise last minute
01[11:44] {Threei}  as they always do
01[11:45] {Threei}  and if not, it will all come down to that same end of the world which I intend to meet on Hawaii :)
[11:45] {Beau} but isn't "they" congress, not president, dem or rep
01[11:45] {Threei}  congress, yes
01[11:46] {Threei}  we don't even know its new composition after this election... how do you guess what they'll do about fiscal cliff
01[11:47] {Threei}  if one side gets majority in all branches and houses, it's one level of cooperation... if we see the same gridlock as last two years, another
[11:47] {scottie} out
01[11:47] {Threei}  why didn't we short FCS at 40 break?
01[11:47] {Threei}  FCX
[11:48] {Beau} we hope for working together but afraid continuing refusal to cross aisle
[11:48] {dino} you will not see compromise if obamination wins
[11:48] {dino} guy is sppiteful
01[11:49] {Threei}  totally
01[11:49] {Threei}  his disdain for the other side is palpable
[11:49] {dino} he's a big baby playig high school games
[11:50] {Beau} i respectfully disagree dino.  Reps have bragged about Obama bills being dead on arrival--no discussion.
[11:51] {Les} what does it matter? All white folk are going to hell anyway...
[11:51] {Beau} oh well, back to making money here.
01[11:51] {Threei}  actually, that happened later beau... after he torpedoed a few attempts at working together in first months of his term
[11:51] {dino} well he doesn't ask republicans for input (budgets, obamacare, etc)
01[11:51] {Threei}  remember his remark to Cantor?
01[11:51] {Threei}  "Elections have consequences, Eric... and I won"
[11:52] {dino} he thinks he's god
01[11:52] {Threei}  that's when they said "no cooperation anymore, we will work to make him one term president"
[11:52] {Beau} any different than Bush?  Or afraid Romney?
01[11:52] {Threei}  very different
[11:52] {Beau} Politics- winners get the spoils, losers whine
01[11:53] {Threei}  no pragmatism at all, pure ideology driven
[11:53] {Beau} where is ese, i need help
01[11:53] {Threei}  hehe
01[11:53] {Threei}  let's postpone till Monday :)
[11:53] {Beau} good
01[11:54] {Threei}  don't get me wrong, I am not enchanted with Romney
01[11:54] {Threei}  he is yet to prove he can do any good
01[11:54] {Threei}  but this guy already proven he does harm
[11:55] {dino} obama is a socialist, plain and simple. his ideas will ruin usa
[11:56] {nemo} US has been progressing in that direction for a long time.  Because we are the reserve currrency, we tax as if we're capitalist, and we spend as if we're socialists
01[11:57] {Threei}  nemo gets "right on the money" award of the day
[11:57] {dino} spending is the problem
[11:57] {nemo} well...manifestation of the problem
[11:57] {dino} cut everything 10% across the board
[11:57] {Beau} say this then suhut up.  look at Perry's Texas gov.  Must teach creationism along with evolution in schools.  Textbooks remove most positive referennces to minorities.  No federal $ for women's health but now say state can't afford to do so cut clinics.  On and on
[11:59] {dino} my comment beau, even though i'm republican, imo religion is ruining the world
01[11:59] {Threei}  well, you realize none of us suggests anything this radical, right?
[12:00] {dino} what they should do is tax religions, no more non-profit status
01[12:00] {Threei}  keep religion away from state policies, politics etc
[12:00] {dino} keep it away from everything
01[12:00] {Threei}  and religious fanatics from offices
[12:00] {Beau} dino YES.  but vad, get a rep pres and congress with major tea part help and these things will certainly be at least considered.
01[12:01] {Threei}  so, the problem is democracy :)
01[12:01] {Threei}  and spending is just a manifestation of it, as nemo indicated
[12:01] {dino} the world (here & over there) is falling apart because of bs "my god is better than yours", unbelievable in this day and age
01[12:01] {Threei}  ads soon as electorate realizes it can vote itself perks and free stuff...
01[12:02] {Threei}  it all goes downhill
[12:02] {Beau} bck to benevolent dictator with vad as dictator.
01[12:02] {Threei}  I am all for that
01[12:03] {Threei}  problem with benevolnet dictatorship is, next dictator is guaranteed to be a malevokent one :()
[12:03] {dino} the problem is if you make the rich poorer, the poor will also get poorer
01[12:04] {Threei}  but speaking of current choice... one is fervent ideolog on a marxist-meninist side. Another is moderate pragmatic with technocratic tendencies
01[12:04] {Threei}  to me, choice is clear
[12:05] {dino} indeed. when you praise chavez you know theres a problem
[12:06] {nemo} wow TNA down 75% of normal day's volume
01[12:07] {Threei}  yup, very low volume today
01[12:07] {Threei}  btw...
01[12:07] {Threei}  EXC
[12:07] {nemo} no...it's already done 75%
[12:07] {nemo} it's only noon
01[12:07] {Threei}  back to .40, and idea of breakdown this time looks plauisble
01[12:08] {Threei}  hmmm... I see half of volume
[12:08] {nemo} I've got 6.7 mil does approx 8 of late
01[12:08] {Threei}  I've got 4.5
[12:09] {nemo} mmmhhhh weird
01[12:09] {Threei}  yest 8.8
[12:14] {dino} catm hl l .15
[12:18] {Les} slw .70 b/d?
[12:18] {Les} ah its gone
01[12:19] {Threei}  I like it
[12:19] {Les} might be triple bottom
01[12:19] {Threei}  just keep it on a backburner
[12:19] {Les} right
01[12:19] {Threei}  if SPY bounce fizzles out, it can reestablish
01[12:39] {Threei}  EXC 1:1
01[12:40] {Threei}  anyone took?
[12:40] {Will49} no
[12:40] {Les} zzzzzzzzzzzzzzz
01[12:42] {Threei}  LOL... "long time no tweet"
[12:43] {Les} it's a brave new world
01[12:45] {Threei}  electoral college count:
01[12:46] {Threei}  the president can reasonably count on 237 Electoral College votes, while Romney can count on 206
01[12:46] {Threei}  Eight states, with a total of 95 Electoral College votes, remain toss-ups and will determine the winner: Colorado, Florida, Iowa, Nevada, New Hampshire, Ohio, Virginia and Wisconsin.
01[12:46] {Threei}  Florida and Virginia are absolute must-win states for the Romney campaign. If the president wins either, the election will be his.
01[12:47] {Threei}  If he can win those two states, Romney will then have to win either Ohio or Wisconsin to stay in the game.
01[12:48] {Threei}  Ohio is the bigger prize with 18 Electoral College votes but may be a bit more difficult for Romney to carry.
01[12:48] {Threei}  Wisconsin, with its 10 Electoral Votes, is close enough that both parties' presidential and vice presidential candidates have visited the state in recent days. If Romney can win the Badger State after losing Ohio, he would still need to win Colorado and either Iowa or Nevada to win the election.
01[12:49] {Threei}  It appears that the Democrats are likely to retain control of the Senate and Republicans to keep control of the House.
[12:51] {Les} IWM looks like its coiling up
01[12:55] {Threei}  SLW bck on watch
01[12:56] {Threei}  too bad I missed consolidation above .80, that was a good shorting point
01[12:56] {Threei}  but I am drifting in and out of pleasant coma
01[12:57] {Threei}  strongly suspect will sent me some of pieces of bc flag
[12:57] {Will49} aha
01[12:57] {Threei} Short Setup: SLW  .70 break
01[12:57] {Threei}  If holds  .80
01[12:58] {Threei}  SPY loss of .50 would start serious panic
01[12:59] {Threei}  or, to irritate nemo properly, cascade
[12:59] {Les} waterfall u mean?
[13:00] {nemo} finies holding trend
01[13:00] {Threei}  yes but for some reason nemo is twitching hearing "cascade"
[13:01] {Les} bunny boy?
[13:01] {robbers} GM
[13:01] {Les} what's the problem
01[13:01] {Threei}  wow
01[13:01] {Threei}  hi robbers
[13:01] {Les} hi robbers
01[13:01] {Threei}  late night or what
01[13:02] {Threei}  (US) NJ Gov Christie signs order to ban homeowner deductibles from being imposed by insurance companies following Hurricane Sandy - financial press- Order signed by Governors in NY, NJ, and Connecticut, claimed that the Hurricane did not make landfall as a Hurricane, which would exempt homeowners from the use of deductibles by insurance companies (which could range from 1-5% of the home value)
[13:10] {Les} LVS
01[13:10] {Threei}  1:1 SLW
[13:15] {scottie} got +.09 on first half tks Vad
01[13:18] {Threei}  :)
[13:19] {Les} .70 is S3. Need blood to get it lower
[13:20] {scottie} sbux s .55 ?
[13:20] {Les} CAT bounce here? or .30 b/d?
01[13:21] {Threei}  SBUX yes
01[13:21] {Threei}  CAT, my sympathies are on a short side
[13:22] {robbers} Did I miss anything this morning?  (expecting a snide comment from nemo)
01[13:22] {Threei}  yes... nice day
[13:22] {nemo} I'm not in my usual swing of things
01[13:22] {Threei}  slowish but solidly positive
[13:23] {robbers} Time for nemo to say that the slow trading matches my humor.
[13:23] {nemo} hell I even let Will slide on a pitch down the middle
01[13:23] {Threei}  we got cipher back from the black hole of NY blackout
01[13:23] {Threei}  tbell is stilllost in cyberspace
[13:23] {scottie} in .53
[13:23] {robbers} Great, assume; you personally rescued him.
01[13:24] {Threei}  no, I commissioned Cristie
01[13:24] {Threei}  he carried him on his back to safety
[13:25] {Les} Thinking cypher can carry Cristie on taxes paid on AAPL and TNA...
[13:25] {nemo} fib retrace and vwap on finnies
01[13:25] {Threei}  but I made a mistake sending Brown to find tbell... he as usual does "helluva job"
[13:26] {nemo} bonds showing a bit of weakness
[13:26] {Will49} Vad lol
[13:51] {scottie} half out, finally
[13:51] {Will49} took a while eh?
[13:53] {scottie} yeah
01[13:57] {Threei}  everything takes its sweet time today
01[13:57] {Threei}  but works nicely
[13:58] {Will49} based on last 3 days, this type market may be my edge :)
[13:58] {scottie} Out +.18
[13:59] {Will49} Tks Scottie
01[13:59] {Threei}  see how we are cascading after losing .50?
[13:59] {scottie} yw
[14:00] {Les} LVS
[14:00] {Les} .40 b/d?
01[14:00] {Threei}  hmmm
01[14:01] {Threei}  chart is right but the range is really narow on it today
01[14:01] {Threei}  worth a try I guess
[14:05] {scottie} wmb s 33 ?
[14:05] {Les} some capitulation vol. in indexes, yet lvs holds
01[14:08] {Threei}  not sure about WMB, needs a few min colnsolidation
[14:08] {scottie} ok
[14:13] {scottie} long .11
01[14:29] {Threei}  LVS slowly worms its way to 1:1
[14:32] {scottie} out -.12
[14:35] {Les} wow lvs
[14:35] {Les} SLW. wanna try again?
01[14:36] {Threei}  (US) Fed's Williams: Fiscal Cliff likely to be resolved with some austerity measures; current policies are helping to promote growth and hiring- No signs that stimulus is pushing up prices - Forecasts 2012 GDP at 1.75%, 2013 GDP at 2.5%, 2014 GDP at 3.5% - Notes the FOMC could purchase additional bonds beyond mortgages
01[14:36] {Threei}  idiot
01[14:38] {Threei}  you are loooking at .60 break on SLW, Les?
[14:39] {Les} .70
[14:40] {Les} s3 is .73 woulda coulda shoulda
01[14:41] {Threei} Short Setup: LVS  .60 break
01[14:41] {Threei}  oops
01[14:41] {Threei} Short Setup: SKW  .60 break
01[14:41] {Threei}  sigh
01[14:41] {Threei} Short Setup: SLW  .60 break
01[14:42] {Threei}  there... got it
01[14:42] {Threei}  luckily on a slow day you can get away with three attempts to type the symbol right
01[14:43] {Threei}  btw, next week has another guilty pleasure event, aside of election porn
01[14:43] {Threei}  new Bond movie
[14:43] {Les} ooh yeh
[14:45] {dino} that crus looks like its gap filling from august, on a big beat and raise
[14:46] {Les} SBUX is a 15 min bubble breaker, but scottie got it at the right moment
[14:48] {Les} speaking of which
[14:49] {Les} http://trading-archives.blogspot.ch/2012/11/abc-r3-reversal-011112.html
[14:50] {Les} here's yesterday's ABC reversal
[14:50] {Les} logging all of em. wanna extract some trigger information from them all, if it's statistically there
[14:51] {Les} bubble breakers, R3 reversals
01[14:52] {Threei}  Euro vs US Dollar Extending decline to $1.2820; 1-month low
01[14:54] {Threei}  #Ohio: #Obama 49%, #Romney 49%
[14:59] {scottie} out
[15:03] {Les} SBUX 200MA resistance here
[15:04] {Les} .20 b/d?
[15:04] {Les} late
[15:12] {scottie} abx s .70 ?
01[15:13] {Threei}  I think so
[15:13] {scottie} in .69
[15:22] {dino} bth
01[15:25] {Threei}  1:1
[15:26] {scottie} half out
01[15:26] {Threei}  good percentage in your finds, scottie
01[15:27] {Threei}  it's so amazing to observe this progress in jjust a few short months
[15:27] {scottie} 4 on 5 today :)
[15:27] {nemo} should be opening his own room anytime now
[15:27] {dino} gj scottie
[15:27] {scottie} tks
01[15:28] {Threei}  mid-summer, you were looking at these same stocks, charts and signals as today
[15:28] {Will49} Scottie...I admire you taking your own trades so early on
01[15:28] {Threei}  but the difference in what you see is nothing short of awesome
[15:28] {scottie} it's been 6 months now
[15:29] {scottie} And I'm confident I'll end up making money, lol
[15:29] {scottie} I still havent had yet a profitable monts, but losses are smaller every month
[15:30] {Will49} Have you been trading "live" for 6 months
[15:30] {scottie} I hope november will be my first profitable one
[15:30] {scottie} yes will¸
01[15:30] {Threei}  look also in internal stats
[15:30] {Will49} Excellent!
01[15:30] {Threei}  as in:
01[15:30] {Threei}  how many winning trades vs losing ones, month to month; how big winners are vs losers
[15:31] {scottie} October was profitable trading wise, but commissions killed me
01[15:31] {Threei}  this will show you which particular tendencies need to be corrected
[15:32] {scottie} I keep breathing during pullbacks now :)
01[15:32] {Threei}  thats' excessive luxury
01[15:33] {Threei}  the notion that humans need oxygen is deeply mistaken
[15:33] {scottie} I'm still trading small quantities, 400 sh on Vad's trades and 200 on mine
01[15:33] {Threei}  and breathing is overrated
[15:33] {nemo} alcohol though...
01[15:33] {Threei}  right
01[15:33] {Threei}  ABX 1:2
[15:34] {scottie} out +.19 :)
[15:34] {Will49} Txs scottie 1:2
[15:34] {scottie} great
[15:35] {dino} bth hl l .93 wide
01[15:35] {Threei}  told you guys... boredom is positive factor in trading
[15:36] {Will49} then bore me to death
01[15:36] {Threei}  look how smooth and profitable these boring days are
[15:36] {nemo} except when you have to get stitches from splitting your chin
01[15:36] {Threei}  true
01[15:36] {Threei}  but I make a good use of a pillow tied up to my chin
[15:36] {scottie} I love those slow trades, a lot less stressful
[15:37] {Will49} amen
[15:37] {dino} glad to see it working scottie
[15:37] {scottie} tks dino
[15:38] {scottie} My ultimate goal is to become you
[15:38] {dino} careful for what you wish
[15:38] {scottie} It might happen, I know, lol
[15:39] {dino} spent a havards education figuring this out
[15:39] {Les}  what's harvard worth?
[15:40] {Les} It's been an Aussie uni degree paid in cash for me so far
[15:40] {Les} lol taxpayers footing the bill for my uni degree. My wife is footing the bill for trading degree...
[15:41] {dino} i can relate les, in my foolish years i made quite a bit then lost more
[15:43] {nemo} Harvard is about a quarter million
01[15:45] {Threei}  http://goo.gl/mn5AQ
01[15:45] {Threei}  amazing
[15:45] {nemo} oh yeah, that was a trip
[15:45] {nemo} came out during the dem convention
[15:48] {Will49} Have great weekend all...I'm off (and happy)
[15:48] {dino} cya
01[15:48] {Threei}  yes... thank you all
[15:48] {Will49} Tks Vad and Scottie
01[15:48] {Threei}  have a great relaxing weekend
01[15:48] {Threei}  we will have more fun next week
[15:48] {Les} cheers
[15:49] {dino} u2
01[15:49] {Threei}  with elections and new Bond movie
[15:49] {scottie} see you all monday, gn
01[15:49] {Threei}  see you Monday!
[15:51] {robbers} Cya.
[15:54] {Les} SBUXS reversed nicely... ciao
[15:56] {dino} out catm .37, +.22