Tuesday, November 20, 2012

Nov 20 2012

Nice day, and this reversal has been nailed with notable precision:

Session Time: Tue Nov 20 00:00:00 2012
[08:54] {nemo} so why is gmcr so happy?
01[08:55] {Threei}  new CEO
[08:57] {scottie} good morning
01[08:57] {Threei}  scottie :)
[08:58] {scottie} My wife was admitted to the hospital last night, so I'll be in and out for a while
[08:58] {thomcbell} hope all is ok Scottie
01[08:59] {Threei}  sorry scottie... hope nothing serious
[08:59] {scottie} Liver problems, she'll run some tests this morning, we should know more from ther
[09:00] {scottie} Leaving now, have a good start
[09:00] {nemo} I know it's against my nature ;-) but, best wishes good luck
[09:00] {dino} gm
01[09:00] {Threei}  dino :)
[09:00] {scottie} thanks nemo, my arms just fell to the floor
01[09:00] {Threei}  best wuishes scottie, let us know
[09:01] {scottie} yep
[09:01] {nemo} don't bump your head when you fall over then
[09:05] {cipher} gm
01[09:05] {Threei}  cipher :)
[09:06] {nemo} o.k.  I think I've recovered
[09:12] {dino} dumb question. my toolbar was changed from microsoft. how do i get it back?
01[09:12] {Threei}  toolbar?
01[09:13] {Threei}  on what program?
[09:13] {dino} somehow aol took over the top line. lost my favorites etc
01[09:13] {Threei}  in browser?
[09:13] {dino} yes
01[09:14] {Threei}  wow... is it IE?
[09:14] {dino} it was
01[09:14] {Threei}  ?
01[09:14] {Threei}  what is it now?? :)
06[09:15] * nemo smacks dino with an anti-microsoft engraved 2x4
[09:15] {nemo} should still be IE, did you download something?
01[09:15] {Threei}  it's the same browser. Internet, Explorer, but the toolbar disappeared?
[09:16] {dino} yes
01[09:16] {Threei}  try right click on the blue bar
01[09:16] {Threei}  in dropdown menu there should be a few toolbars listed
01[09:16] {Threei}  Menu bar
01[09:16] {Threei}  Favorites var
01[09:16] {Threei}  Command bar
[09:16] {Beau} good morning
01[09:17] {Threei}  pick what you need and check it
01[09:17] {Threei}  Beau :)
01[09:17] {Threei}  it should come back
01[09:17] {Threei}  and if there is AOL bar in the list, uncheck it
[09:19] {dino} thanks. can find favs but now must right click for them
01[09:20] {Threei}  heck, if they are not lost it's 3/4 of the battle won
01[09:20] {Threei}  use that menu to configure things, get rid of crap you don't want
[09:20] {ese} morning
01[09:20] {Threei}  also, look for the start on your bars
[09:20] {Will49} gm
01[09:21] {Threei}  ese, will :)
01[09:21] {Threei}  not start, sorry - star
[09:21] {ese} will vad
01[09:21] {Threei}  that's symbol for favorites, icon shortcut
01[09:21] {Threei}  could be they hid behind it
[09:22] {ese} am playing a concert up your way today vad in Sidney......at the Mary Winspear Theatre.........2:30
01[09:22] {Threei}  some event?
[09:22] {ese} Victoria Palm Court Orchestra
01[09:22] {Threei}  so guys, remember I said recently if I were to look for a swing trade, HPQ short would be it?
01[09:22] {Threei}  have a look at it
[09:23] {ese} It's a smaller version of the Victoria Symphony.......it plays British Light Classical stuff....ya comin?
01[09:23] {Threei}  ummm... vodka? cigars? girls?
[09:24] {ese} ahhhhh ya sure........all three
01[09:24] {Threei}  I am not much of a music man, you know... mostly for surrounding enetratainemnt :)
[09:24] {ese} not
[09:24] {robbers} Vodka.  Cigars.  Girls.   Hat trick.
[09:24] {ese} oh well........was worth a try.........how bout Will
[09:25] {dino} ok, got it back
[09:25] {thomcbell} Vad likes Asian philosophy, photography, trading, and of course vodka and bacon
[09:25] {Will49} would love to but have commitment after market closes
[09:25] {ese} Will.....Will...........WWWWWWIIIIIILLLLLLLLL!!!!!!!
01[09:25] {Threei}  cograts dino :)
[09:25] {ese} hmmmmmmmm
01[09:26] {Threei}  tbell... do not leave girls out
[09:26] {thomcbell} ok fair enuf
[09:26] {ese} lol
01[09:26] {Threei}  think I go to photograph ese concerts for the music?
01[09:26] {Threei}  HAH!
[09:26] {ese} hmmmmmmmmmmm
01[09:27] {Threei}  so, on top of all HPQ has accounting irregularities now
[09:28] {Les} afternoon
01[09:28] {Threei}  les :)
[09:28] {ese} for a company that makes 120 billion a year it sure is getting hammered
[09:28] {ese} even for all it's short comings
01[09:29] {Threei}  so are Best Buy and JCPenny
01[09:29] {Threei}  and twitter is as brutal as ever:
01[09:29] {Threei}  "I'm going to Best Buy today to get a Hewlett-Packard copier, so I can print some JCPenney coupons," said no one.
01[09:29] {Threei}  lol
[09:30] {robbers} lol
[09:30] {ese} that is funny
01[09:31] {Threei} Long Setup:  HPQ  .60 break
01[09:31] {Threei}  If holds  .50
[09:32] {Les} jeez talk about going to zero
[09:32] {ese} what are you looking at les
01[09:32] {Threei} Long Setup:  FCX  .90 break hl
01[09:32] {Threei}  If holds  .80
01[09:34] {Threei}  anyone faded HPQ?
01[09:34] {Threei} Long Setup:  HPQ  .50 break
01[09:34] {Threei}  If holds  .40
[09:34] {ese} not yet
01[09:35] {Threei}  target 1:3
01[09:36] {Threei}  FCX looks ready
01[09:36] {Threei}  holding well
01[09:37] {Threei}  1:1 HPQ
01[09:37] {Threei}  on these huge dumpers real bounce tends to occur early... then gravity often takes over
01[09:37] {Threei}  so let's squeeze what we can out of it
01[09:37] {Threei}  1:2
01[09:37] {Threei}  FCX 1:1 if you got it
[09:37] {ese} Les...you there........what were you refering to with the talk about going to zero comment
[09:37] {Les} HPQ
[09:38] {Les} what news?
[09:38] {ese} L btu .33
01[09:38] {Threei}  I missed FCX but not sure whether it was obtainable, was busy with HPQ
[09:38] {Will49} tks Vad 1:2
01[09:38] {Threei}  accounting improprieties Les
[09:39] {Les} LOL
01[09:39] {Threei}  on which one will?
[09:39] {ese} out 1/2 .50 awesome +.17
[09:39] {Will49} HPQ
01[09:39] {Threei}  FCX is 1:2 as well :)
01[09:39] {Threei}  ok
[09:39] {Will49} missed
[09:39] {Les} like your stock ese it's a mover
[09:39] {ese} stop to break even
[09:39] {Will49} simple mind can onlty watch one at a time
[09:39] {ese} i'll say...........today it is
[09:40] {ese} out in full .53
01[09:40] {Threei}  speak no of simple mind to me - I have just enough of grey matter to tell the difference between rake and shovel
[09:40] {ese} +.20
[09:40] {ese} damn....it really moved from .00
[09:40] {Will49} I can follow two trades after market settles
[09:40] {ese} almost missed it asking you a question les
[09:41] {cipher} bidu s .99
[09:41] {Will49} wtg ese
[09:41] {ese} tks
01[09:41] {Threei}  last 1/4 HPW stopped on a trail, .58
[09:42] {ese} will be able to have lunch out in Sidney before my concert today
[09:42] {ese} ummmmmmm...........second thought i'll just pop into vads place
01[09:42] {Threei}  lunch? OK, I may have to come (if you made enough for my lunch as well, that is)
[09:42] {Will49} vodka lunch will really get you swingi'
[09:43] {Will49} swingin'
01[09:43] {Threei} Short Setup: SLW  .70 break
01[09:43] {Threei}  If holds  .80
[09:43] {ese} ohhhhhh no...........no vodka lunch before playing with the symphony people
[09:45] {Les} l hpq .55
[09:45] {Les} half out .65
[09:46] {cipher} out bidu .95 +.04
[09:47] {nemo} mmmhhhh....cipher might have to hang around a while today
[09:47] {ese} L btu .26
[09:47] {nemo} watch gmcr bear flag, vwap at .90
[09:48] {cipher} tna l .20
[09:48] {ese} out 1/2  .36 +.10
[09:49] {ese} balance to break even
01[09:49] {Threei}  no go SLW
[09:51] {cipher} ibm l .20
[09:52] {cipher} out 1/2 tna .42 +.22
[09:54] {cipher} out rest tna .50 +.30
01[09:55] {Threei} Short Setup: GDX  .55 break
01[09:55] {Threei}  If holds  .65
[09:55] {ese} btu stopped balance .25 -.01
01[09:55] {Threei}  probably two-sided
[09:56] {ese} oh sure ya baaaaaaaassssstaaaaaaaaaaad...........shoot up there now
[09:57] {ese} thats better....people are loosing money...........perfect
[09:57] {Les} BTU giveth and BTU taketh away
[09:57] {ese} man btu is moving like grease lightning this morning
[10:00] {ese} L btu .30
01[10:00] {Threei}  SPY feels like drop is coming any minutes
[10:01] {ese} hmmmmmmm don't wanna hear that when i'm long
01[10:01] {Threei}  very laborous bounce, volume drops... any downtick occures on increasing volume
[10:01] {cipher} out ibm .53 +.33
01[10:01] {Threei}  and here we go
01[10:02] {Threei}  if loses .80, should go to .60 in a hurry
01[10:03] {Threei}  let's trail GDX to .61
01[10:04] {Threei}  SPY started convulsive moves; while my conviction is the same, it's easy to get caught in sharp backlash
01[10:05] {Threei}  target 1:3
01[10:05] {Threei}  1:1
01[10:06] {Threei}  play by the book
[10:06] {robbers} Nice calls on HP and GDX.
01[10:06] {Threei}  this is not a creative trade, rather cookie-cutter
01[10:06] {Threei}  ty
01[10:07] {Threei}  SPY... how was that for intuition?
01[10:07] {Threei}  1:2 GDX
01[10:07] {Threei}  sorry ese... I know it's not what you wanted to hear but reality is reality...
[10:08] {ese} true.................this is ok.......in 3rd time.....am long small
[10:08] {ese} diminishing returns and all that
01[10:08] {Threei}  http://goo.gl/cOfon
01[10:11] {Threei}  last 1"4 stopped on a trail
01[10:11] {Threei} Short Setup: HPQ  .45 break
01[10:12] {Threei}  If holds  .55
01[10:14] {Threei}  (IS) Ceasefire between Israel and Hamas could be signed in Cairo tomorrow - Israeli press
01[10:15] {Threei}  (EU) Italy's European Min: Ready to veto any EU budget that goes against Italy's interests
01[10:15] {Threei}  you tell them
[10:16] {nemo} next short area either here or .80ish
01[10:17] {Threei}  nice bounce HPQ
[10:19] {Will49} +.20 GDx tks Vad
01[10:20] {Threei}  :)
01[10:22] {Threei}  bastid SLW rinsed
[10:22] {cipher} bidu s .54
[10:24] {cipher} out .49 +.05
[10:26] {cipher} bidu s .44
01[10:31] {Threei} Short Setup: CAT  .05 break hl
01[10:32] {Threei}  If holds  .15
01[10:32] {Threei}  SLW, I can't believe it did this to us
[10:34] {cipher} out bidu flat
01[10:34] {Threei}  no worky
01[10:37] {Threei}  BBY... jeez
[10:37] {nemo} waning volume will likely push this market to 140
[10:40] {nemo} finnies up 1.5% and the $ is up...games today
[10:41] {Les} accounting irregularities there too vad?
01[10:41] {Threei}  no
01[10:41] {Threei}  just business going down the drain
[10:42] {Les} oh a gurgle
[10:43] {ese} gotta go all.......stop is in at the low of the day for btu .00 400shs......catch ya tomorrow
01[10:43] {Threei}  take care ese
[10:43] {Les} ciao
[10:43] {Will49} peace
[10:43] {ese} cya vad les will
[10:44] {Les} tripple top hpq?
[10:44] {nemo} iwm and spy set to drop, but the finnies aren't showing drop yet
[10:45] {Les} not sure if right chart pattern. perhaps just consolidation?
01[10:45] {Threei}  I don't view it as pronounced triple tope
01[10:45] {Threei}  range is not enough for that
[10:46] {Les} ok
01[10:47] {Threei} Long Setup:  IBM  .75 break hl
01[10:47] {Threei}  lol... disregard
[10:47] {dino} mstr hl l .80, gappy
01[10:47] {Threei}  blee through it as I wa typing
[10:54] {robbers} Vad, any new photos since you last posted a link?
01[10:55] {Threei}  I post singles on FB... when got swries, I post them on the blog
01[10:55] {Threei}  series that is
[10:55] {dino} mstr stop
01[10:58] {Threei}  if you can see http://www.facebook.com/vadym.graifer, scroll through it to view photos I posted
[11:01] {robbers} Cool, will take a look.
[11:09] {dino} clf hl l .50
[11:13] {nemo} tna argualby long here
[11:15] {nemo} not giving it much room
[11:15] {Les} in .27 half out
[11:15] {nemo} partialing here
01[11:16] {Threei}  - Trading has been choppy on both sides of the Atlantic as traders contend with multiple impactful stories this morning. In Europe, eurozone finance ministers are meeting this morning to discuss unfreezing �40B in aid payments for Greece. There are obviously hopes for a positive outcome, although dissenting voices have been heard, most notably from Finland. Moodys downgrade of France's sovereign rating, to AA1 from AAA, has had a limited impact. The French government shrugged off the move, although it has possibly delayed issuance of a three-year EFSF bond. In Israel, there is talk that the Netanyahu government is ready to sign a temporary ceasefire with Hamas as soon as tonight. In the US, there is an emerging consensus that the Democrats will likely force their approach to the Bush tax cuts on the House GOP.
01[11:17] {Threei}  too bad ese is not here, he would be happy to see this:
01[11:17] {Threei}  Another month, another excellent housing data point: the October housing starts reading hit its highest level since July 2008. Single-family home construction actually fell very slightly m/m, while apartment construction rose 10% m/m.
[11:18] {Les} quarter .47
[11:19] {nemo} watchint to see if finnies pop here, that'll bring the spy and IWM with it
01[11:19] {Threei}  good one Les
[11:19] {Les} nemo's call
01[11:19] {Threei}  and to think, you owe it to nemo...
[11:19] {nemo} Yeah, I'm just chopped nephrotic tissue
01[11:20] {Threei}  almost takes all the pleasure out of it {G}
[11:20] {Les} :)
[11:20] {robbers} Vad, on you FB page, is there a specific place for "new" photos?
[11:21] {nemo} or hepatic tissue, to be more accurate
[11:21] {nemo} 2n'd partial here
01[11:21] {Threei}  not really, just scroll down
[11:21] {Les} out .58 +.31
[11:21] {dino} gj
01[11:21] {Threei}  last few posts were not photos
[11:21] {Les} ty
[11:21] {robbers} wtg Les.
[11:22] {nemo} stop to .45ish
01[11:22] {Threei}  I need to finish some slideshows for friend's vacations, then hopefully work on some of photos from the summer (and post them) before hawaii will supply new batch :)
[11:22] {dino} out clf .74, +.24
[11:23] {nemo} or if finnies drop .75ish
[11:23] {nemo} fas, to be specific
01[11:23] {Threei}  actuallym this link will obviously be easier to navigate: http://www.facebook.com/vadym.graifer/photos_stream
[11:24] {robbers} Vad, what's the rough translation on the kitty cat poster?
01[11:24] {Threei}  click on any of the shots, and then use arrows
01[11:25] {Threei}  Only extremely busy one can truly enjoy lazy time
01[11:25] {Threei}  http://goo.gl/ujQOe
[11:25] {nemo} stop .60ish
[11:25] {robbers} Oh, so a message for us traders?
01[11:25] {Threei}  hehe
01[11:26] {Threei}  wow TNA
[11:26] {dino} ravn hl l .00
[11:26] {nemo} I don't leave until it gives me a reason
[11:26] {nemo} stop .65ish
[11:27] {Les} :(
[11:27] {nemo} young bull runs down, old bull walks down
[11:27] {Les} 1:5 in my book
01[11:27] {Threei}  Les, to capture this kind just trail last part
01[11:28] {Threei}  dopn't take it off the table until it either hits trailing stop or spikes vertically
[11:28] {Les} so trailing stop is with each partial I lift stop to prior partial?
01[11:28] {Threei}  just under
[11:28] {Les} k
01[11:29] {Threei}  and then last part you just trail
[11:29] {nemo} stop to .70ish
01[11:29] {Threei}  much like nemo does right now
[11:29] {Les} yeh
[11:29] {nemo} o.k. getting iffy here
01[11:29] {Threei}  when it spikes vertically, eother dump it or choke it
01[11:29] {Threei}  by tightening the trail
01[11:29] {Threei}  i.e., 5 cents instead of 10
01[11:30] {Threei}  you can see sometimes dino doing this
[11:30] {nemo} might see it consolidate around here for an afternoon break
[11:30] {Les} y
01[11:30] {Threei}  as stock nears his ultimate target his trails stop much closer
01[11:30] {Threei}  he trails
[11:30] {Les} getting there sensei
[11:30] {Les} slowly but surely
[11:31] {nemo} what am I frickin' animal on a Nature show?
01[11:31] {Threei}  slowly is good
[11:31] {Les} sorry Nemo
[11:31] {Les} only one boss in the house
01[11:31] {Threei}  lessons learned slowly sit with you forever
[11:31] {nemo} yeah, the ones that leave scars
01[11:31] {Threei}  rapidly adopted knowledge tends to dissipate easily
01[11:32] {Threei}  no time for true internalizing
[11:32] {nemo} yeah need to imbed it in more tissue, especially as I drink braincells away
[11:32] {nemo} which reminds me...
[11:35] {nemo} Hey Sheila, see how I looked at IWM SPY and the finnies for that one?
[11:36] {Les} god no I'm sitting fat dumb and happy rotating on my finger
[11:36] {Les} why would I be looking at charts for?
[11:36] {Les} :P
[11:36] {nemo} I'm sure you use the whole fist
01[11:37] {Threei}  TNA breaks .85, I'd trail to .74
[11:38] {Les} didn't see all charts. Just saw bullish divergence on 1 min chart as thrust to new low was made.
[11:38] {Les} was already aware of 3 min. potential
[11:38] {nemo} yeah, I'm at .70 anyway, finnies have been way stronger today, if they cave, everything is going
[11:42] {nemo} well, we're getting the consolidation, finnies are at a confluence level for me, so it's possible, outside the time of day, tna break above .85 is a long
[11:42] {nemo} with stop under .75
[11:44] {nemo} Natucket Sleigh Ride...
[11:45] {Les} damn we flyin
01[11:45] {Threei}  this is vertical I want to see
01[11:45] {Threei}  either exit or start choking it
[11:46] {nemo} I'm watching the finnies too
01[11:46] {Threei}  .89
[11:46] {nemo} yeah
01[11:46] {Threei}  breaks 52 - trail to .94
[11:46] {nemo} I'm thinking they try to drive the index higher
01[11:46] {Threei}  yeah, SPY is aout to take .20
[11:46] {nemo} and IWM is leading spy, which indicates bullishness
[11:46] {nemo} imo
[11:47] {nemo} and I'm still sober to boot
[11:47] {nemo} I would expect an attempted flush after this move
[11:48] {nemo} whoa...just had an image of Les swirling around in water
[11:52] {Les} I'll settle for wine
[11:52] {nemo} alright, that's gonna' be my stop
01[11:52] {Threei}  some crappy course overtook us on traderplanet as 1 place
[11:52] {nemo} wow...this is going better than expected
01[11:53] {Threei}  who is up for some additional clicking, feel free to do it anytime :)
[11:53] {nemo} link please
[11:53] {Les} did it this mornign I think
01[11:53] {Threei}  http://www.traderplanet.com/star-awards/vote
[11:54] {nemo} I'm tellin' ya' spy to 140
01[11:54] {Threei}  permanent instructions at http://www.realitytrader.com/traderplanet.html
01[11:55] {Threei}  (IS) Israel Govt Spokesperson: Truce with Hamas has not been finalized, negotiations are continuing- If stronger military action proves necessary to stop the constant barrage of rockets, Israel will not hesitate to do what is necessary to defend itself. - Hamas spokesperson: no truce deal yet but we are getting close.
01[11:56] {Threei}  (US) Reminder: Fed Chairman Bernanke scheduled to speak at Economic Club of NY at 12:15ET
[11:57] {nemo} stop to 52
[11:57] {nemo} this is the flush
01[11:58] {Threei} Long Setup:  TZA  .95 break
[11:59] {nemo} whoa, betting against me
01[11:59] {Threei}  no
[11:59] {nemo} we ain't there yet though
01[11:59] {Threei}  look at TNA from the point of view of 52 break
01[11:59] {Threei}  wouldn't you short that?
[11:59] {nemo} I understand, but I'll take it personally if I want to
01[11:59] {Threei}  that's TZA .95 break
01[11:59] {Threei}  oh, by all means
[12:00] {nemo} btw...you'll get more bang out of spxu
01[12:00] {Threei}  for a price though
[12:00] {nemo} see that on spy, don't think they're ready to drop
[12:00] {nemo} finnies aren't quite ready to turn over
[12:03] {nemo} finnies breaking highs
01[12:04] {Threei}  Dear Vadym,
01[12:04] {Threei}  Recently, you received an email indicating chosen as a potential candidate to represent your professional community in the 2012 Edition of Worldwide Who's Who.
01[12:04] {Threei}  We have yet to hear from you! This email simply serves as a FINAL REMINDER of your nomination for this selection period.
01[12:04] {Threei}  uh oh... I better hurry
01[12:05] {Threei}  after all, it's a FINAL REMINDER
01[12:05] {Threei}  not just some final reminder
[12:05] {nemo} well, I'm out
01[12:06] {Threei}  and it's worldwide... not just the neighborhood limited by ese on the south and will on the east
[12:06] {dino} out ravn .23, +.23
01[12:11] {Threei}  so, any of the following will do:
01[12:11] {Threei}  1. Israel/Hamas no truce
01[12:11] {Threei}  2, Ben saying "no balance sheet expansion"
01[12:11] {Threei}  3. EU saying no deal for Greece
01[12:12] {Threei}  any of those will take TZA to 1:2 in a blink of eye
01[12:15] {Threei}  so far so good
01[12:15] {Threei}  holding the line of trend reversal
01[12:16] {Threei}  (US) Fed Chairman Bernanke: There is some way to go until labor market is fully recovered; housing market has seen clear signs of improvement - Economic Club of NY- Inflation is generally subdued, to stay near 2% goal for several years
01[12:17] {Threei}  1:1
01[12:18] {Threei}  come on nemo, you can't remain oblivious to the precision of the reversal call
[12:19] {robbers} If TZA goes 1:2, you get my vote on traderplanet.
06[12:19] * Threei slaps nemo around a bit with a banner demanding recognition
[12:19] {nemo} congratulations
[12:19] {nemo} Now put your arm back in the sling
01[12:19] {Threei}  hmmm... that's a tough treshold to reach on relatively narrow thing TZA is... :)
01[12:19] {Threei}  but let's see
01[12:20] {Threei}  Ben's helping
01[12:20] {Threei}  - Financial Crisis has lowered potential of US GDP growth below 2.5% level. - US fiscal policy is a headwind for the economy, tighter federal spending is hitting GDP growth - European concerns have weighed on US asset prices.
01[12:20] {Threei}  ese would have been livid
[12:27] {nemo} Mos
[12:29] {Les} IWM back to support
[12:29] {nemo} and dual fib confluence
[12:31] {Les} sus of downside flush here
[12:32] {Les} from SPY
01[12:32] {Threei}  for Taoist Trader readers who remember meditation pdf, some very nice practical help, courtesy of Les: http://goo.gl/TMTUh
[12:32] {nemo} spy looking long above .10 but watching finnies
[12:33] {nemo} time makes me cautious though
01[12:33] {Threei}  I don't know... still is descending channel
[12:34] {nemo} not for iwm
[12:36] {nemo} spy coming into vwap
01[12:37] {Threei}  here is a piece of common wisdom which I am not so sure is true:
01[12:37] {Threei}  (US) Fed Chairman Bernanke: The fiscal cliff is a substantial threat to recovery, failure to solve the issue could cause a recession while resolution would have a positive impact
01[12:37] {Threei}  short term, sure
[12:37] {dino} giii spike
01[12:37] {Threei}  long term, maybe fiscal cliff is not the worst thing to happen
[12:39] {dino} mstr drop
[12:40] {robbers} Maybe, Vad, but there'd be some psychological damage, I think.  Makes our political system look even less effective.  If that's possible.
01[12:40] {Threei}  true
[12:41] {dino} mos hl s .91
[12:41] {Les} SLW
[12:41] {Les} .25
[12:41] {Les} short?
[12:42] {Les} not yet maybe
01[12:42] {Threei}  I like it
[12:44] {Les} cool. just wary of an additional bounce. keeping it on screen
01[12:47] {Threei}  ok SPY
01[12:47] {Threei}  it's time
01[12:47] {Threei}  lose 139 and cascade
01[12:47] {Threei}  I need robber's vote
[12:48] {robbers} Took the MOS scalp, thanks guys.
01[12:48] {Threei}  gj
[12:48] {robbers} (waiting on TZA, lol)
[12:49] {dino} gj
[12:50] {dino} mos bstop to .81
[12:50] {dino} damn, stopped +.10
[12:51] {nemo} mmhhh, I'd set my stop to .00
[12:51] {robbers} Waiting on TZA, my version of irrational exuberance.
[12:51] {dino} should've just covered at .72
[12:56] {nemo} yep VWAP did it again
[12:57] {nemo} mos flagging
[12:58] {dino} mstr sm l .50
01[12:58] {Threei}  stop .99 TZA
01[12:58] {Threei}  started loaing shape
01[12:58] {Threei}  losing
[12:59] {nemo} oil taking a beating today
[13:01] {Les} q's losing it
01[13:03] {Threei}  robbers' click, here it comes
[13:07] {Les} SLW again
[13:09] {robbers} 1:2 RT gets the vote.
[13:09] {Les} hehehe gj
01[13:09] {Threei}  1:2 baby
01[13:09] {Threei}  whew
[13:09] {robbers} 1:3 and you get two votes.
[13:09] {Les} LOL
01[13:10] {Threei}  two?
01[13:10] {Threei}  me want
01[13:10] {Threei}  let's go for two
01[13:10] {Threei}  who else took the trade?
06[13:11] * Threei is trolling for more votes
[13:11] {robbers} out 1/2.
[13:11] {Les} banksters crash
01[13:11] {Threei}  heavens have never seen a reversal nailed with such precision
01[13:12] {Threei}  one to three
01[13:12] {Threei}  !
[13:12] {Les} was out shopping bummer
[13:15] {nemo} well, that's spy capitulation level volume
01[13:19] {Threei}  visual: http://goo.gl/K8vmc
[13:22] {robbers} Out in full, thanks Vad.
01[13:22] {Threei}  :)
01[13:31] {Threei}  (GR) Bond buyback program for Greece estimated to reach 25% of face value of the debt; program would aim to reach 50% acceptance rate and ultimately bring down debt by 10%/GDP - financial press- Estimates are that the bond buyback could be funded by ECB profits or bailout funds; and Greece would require �8B for the program
01[13:32] {Threei}  ECB bailout fund to be used to buy back bonds?
01[13:32] {Threei}  and how does it change anything in Greek debt burden?
[13:34] {Les} gets transferred to german taxpayer
01[13:34] {Threei}  great
[13:35] {Les} how wars begin
01[13:40] {Threei}  covering SLW
01[13:40] {Threei}  1:2 as well
[13:40] {dino} gj
01[13:41] {Threei}  will, are you breating over there?
01[13:41] {Threei}  breathing too
[13:41] {dino} ravn hl l .90
01[13:46] {Threei}  so... Simpson WAS innocent??
[13:48] {dino} thor drop
[13:53] {Will49} sorry, stepped away for a few minutes...yes am breathing
[13:53] {Will49} breathing easier
01[13:54] {Threei}  having good day?
[13:54] {Will49} yes..very good
01[13:54] {Threei}  :)
[13:55] {Will49} for the stage I'm at
01[13:56] {Threei}  hmmm... we are still trailing... where are those votes people
[14:00] {dino} thor hl l .60 stop .38
01[14:01] {Threei}  wow
01[14:02] {Threei}  SLW had more in it
[14:02] {dino} amwd spike
[14:17] {Les} nice catch on slw
[14:20] {dino} out thor .84, +.24
01[14:21] {Threei}  dine swings thor's hammer
01[14:21] {Threei}  dino
[14:21] {dino} lol
01[14:21] {Threei}  meh... lame
01[14:21] {Threei}  I need new jokes
[14:25] {Les} hmmm grind up into close from support here?
01[14:25] {Threei}  I hope not
[14:25] {dino} could be just contra hour
[14:26] {Les} fish boy what say you?
[14:27] {cc_8} If HP Looks Bad, Autozone Looks a Lot WorsePosted on: Tuesday, November 20, 2012 - 12:58pm
[14:27] {cc_8} The big news story of the day was Hewlett-Packard (NYSE: HPQ) reporting that it had to write down a majority of intangible assets resulting from the purchase of Autonomy, a software provider.
[14:28] {dino} they pretty much write off all their acquistions
[14:28] {dino} obummer should hire them, about as much success as his solar bets
[14:36] {robbers} OK, Vad, finally got to vote on traderplanet.com.  You did want me to vote Romney, right?
[14:37] {Will49} lol
[14:37] {Les} RIG LoD b/d?
[14:37] {Les} .83?
01[14:38] {Threei}  probably
01[14:38] {Threei}  lol robbers
01[14:38] {Threei}  a bit late for that
[14:39] {robbers} BTW, I told traderplanet you paid for my vote.
01[14:39] {Threei}  right
01[14:39] {Threei}  they respect it
01[14:40] {Threei}  they are in throat-cutting business
[14:44] {Les} s .81
[14:50] {dino} partial fill s giii .99
[14:54] {dino} out ravn .14, +.24
[14:55] {dino} giii bstop is hd
[14:55] {dino} hod
[14:55] {dino} stopped
[15:00] {Les} stopped .87
01[15:03] {Threei} Long Setup:  FB  .10 break
01[15:03] {Threei}  If holds  .05
[15:10] {nemo} 40+ million shares traded...easy tape reading stock
01[15:21] {Threei}  meh
[15:26] {dino} freak trade of day, out mstr .90, +.30, got lucky
[15:37] {dino} that was actually +.40, but should have held, still going up
01[15:37] {Threei}  ah well
01[15:38] {Threei}  if we always knew where we were going to fsll, we would have spread some hay over there
[15:38] {dino} indeed
[15:40] {dino} full day tomorrow, half day friday, right?
01[15:41] {Threei}  let me look
01[15:41] {Threei}  earlier both Israeli and Hamas spokespeople said that there were still some outstanding issues to be addressed before they could agree to a truce
01[15:41] {Threei}  outstanding issues? as in, who will shoot at the orher and who won't?
[15:41] {dino} yuo know the terrorist hamas will toss some over after the truce
[15:42] {robbers} They are debating over the meaning of the word:  "ceasefire."
01[15:42] {Threei}  Nov 22 Closed, Nov 23 half day
[15:43] {dino} could yuo imagine somebody firing missles at usa? think we'd be as "kind" as israel?
[15:43] {Les} Friday is half day?
01[15:43] {Threei}  yes
[15:43] {dino} 1 pm
[15:43] {Les} k thought it was tomorrow
[15:43] {Les} falling asleep here. c u's tomorrow
[15:43] {dino} cya
01[15:43] {Threei}  day after day, for many years, rockets hitting towns
[15:43] {nemo} I'm travelling today, might stop in tomorrow but I'll be guilty of IMUI
[15:43] {robbers} cya.
[15:43] {Will49} be good Les
01[15:43] {Threei}  take care Les
[15:44] {dino} imui?
[15:44] {nemo} Internet Messaging Under the Influence
[15:44] {Les} safe trip nemo
[15:44] {nemo} won't be a first of course
[15:44] {nemo} ty
[15:44] {dino} ahhh, message carefully
01[15:44] {Threei}  friends don't let friends drink and message
[15:44] {nemo} not alone anyway
01[15:49] {Threei}  OK guys, thank you all
01[15:49] {Threei}  have a good evening, see you tomorrowq
[15:49] {robbers} TY.
[15:49] {Will49} Have good day guys
[15:52] {dino} gn all, thx
[15:52] {nemo} cya