Thursday, November 29, 2012

Nov 29 2012

On top of decent day, Catch of the Day - classic JBE, with nice juicy target:




Session Time: Thu Nov 29 00:00:00 2012
[08:59] {dino} gm
01[09:02] {Threei}  morning dino
[09:06] {thomcbell} rimm - hehe
01[09:08] {Threei}  on upgrade? lol
01[09:11] {Threei}  who understands why Romney comes to WH today, enlighten me please
01[09:11] {Threei}  it's not like O will suddenly change his entire life position and embrace romney's advice
01[09:13] {Threei}  nothing but humiliation and becoming potential target for blame if some bits will be taken and won't work in general framework of different ideology
[09:13] {scottie} good morning
01[09:14] {Threei}  scottie :)
[09:18] {nemo} this is just a kumbaya meeting like the cop that black racism industry professor and Obama
01[09:18] {Threei}  for obama, yes... but why does romney need that?
[09:19] {dino} he doesn't and shouldn't
01[09:19] {Threei}  that's what I think too... but here we go
[09:19] {Will49} Good Morning
[09:19] {Will49} :)
01[09:19] {Threei}  will :)
[09:21] {nemo} na, has to go, they'll paint him as the vindictive, sore loser republican
[09:21] {robbers} So RIMM gets an update, who gets the next one, Congress???
01[09:21] {Threei}  rofl
[09:21] {robbers} upgrade.
[09:21] {Beau} good morning
01[09:21] {Threei}  I disagree nemo... this is not a tradition of past that he would break
01[09:22] {Threei}  beau :)
01[09:22] {Threei}  and he' d have clear argument: too different ideology
01[09:22] {Threei}  his side made suggestions for 4 years before, thney were never accepted - why would they today?
01[09:23] {Threei}  we still habe Bre-X to upgrade before Congress, robbers
[09:24] {nemo} so, the indexes went up and got their 50 SMAs
[09:24] {dino} bre-x, i remember guy bgetting thrown out of copter
[09:25] {nemo} seller .00 KSS
[09:26] {dino} aap drop
01[09:31] {Threei} Long Setup:  FB  .50 break
01[09:31] {Threei}  If holds  .40
01[09:31] {Threei}  target 1:2
[09:31] {dino} pir hl l .00 break
01[09:32] {Threei}  1:1
01[09:33] {Threei}  scalpers win
01[09:35] {Threei} Short Setup: FCX  .35 break
01[09:37] {Threei}  Invalidated
[09:37] {nemo} 142.55 spy 50 SMA
01[09:37] {Threei} Long Setup:  CAT  86 break
01[09:37] {Threei}  hl
01[09:38] {Threei}  If holds  .90
01[09:39] {Threei}  no go
01[09:40] {Threei} Long Setup:  FB  .30 break
01[09:41] {Threei}  If holds  .20
[09:41] {thomcbell} 26.20 is pivot
[09:41] {cipher} pir l.60
[09:42] {thomcbell} 25.90 is 3 day trailing pivot and uptrend line from $19
01[09:42] {Threei} Long Setup:  RIG  .70 break hl
01[09:42] {Threei}  trail FB to .24
[09:43] {dino} pir hl l .60
[09:43] {cipher} 1/2 out .75
[09:44] {cipher} out in full .80 +.20
[09:44] {dino} gj
[09:44] {cipher} thx for heads up on it
[09:47] {dino} pir to .84
[09:49] {dino} np cipher
01[09:49] {Threei} Short Setup: LVS  .80 break
01[09:49] {Threei}  If holds  .90
[09:49] {dino} to .89
[09:51] {dino} out pir .97, +.37
01[09:52] {Threei}  1:1
[09:52] {cipher} wtg dino
01[09:52] {Threei}  1:2, out
[09:52] {cipher} lvs +.10 thx
[09:52] {thomcbell} fio looks like a short setup - but it is such a ctazy wopn
01[09:52] {Threei}  frikin FB rinsed
[09:53] {scottie} +.18, right direction
01[09:53] {Threei}  right direction but how stragely did it behave
01[09:53] {Threei}  strangely
01[09:54] {Threei}  let me repeat: frikin FB
[09:55] {Will49} LVS 1:2 tks Vad
[09:55] {thomcbell} FIO nice little one there
01[09:55] {Threei}  yw
[10:00] {dino} rue partial fill .70
[10:00] {dino} l
01[10:00] {Threei}  (US) OCT PENDING HOME SALES M/M: 5.2% V 1.0%E; Y/Y: 18.0% V 8.9%E
[10:04] {scottie} TJX .20 if holds .10 ?
01[10:04] {Threei}  I'd prefer aggressive
[10:05] {scottie} right here if holds 44 ?
01[10:05] {Threei}  vl.oser to .05 I think
01[10:05] {Threei}  no
01[10:05] {Threei}  SPY is too unstable here
[10:05] {scottie} ok
01[10:05] {Threei}  closer to 44, for have better stop
[10:07] {thomcbell} fcx nasty
01[10:08] {Threei} Long Setup:  LVS  .70 break hl
[10:09] {nemo} wow...dramamine please
01[10:09] {Threei}  TJX never even formed setup, but watch it closer now
[10:09] {dino} air pockets eberywhere
01[10:09] {Threei}  change LVS to .65 break
[10:10] {scottie} thought it was going up, bought .07 sold .00
[10:13] {dino} rue to .19
[10:14] {dino} out rue .24, +.54
01[10:14] {Threei}  nice one
[10:14] {dino} ty
[10:14] {dino} cbrl hl l .60, wide, thing gaos all over
[10:15] {dino} goes
01[10:15] {Threei}  look at this a few min ago:
01[10:15] {Threei}  (US) US Rep Van Holllen (D-MD) Ranking Democratic member of Budget committee: Not close to a fiscal cliff deal**Note: Van Hollen was also a member of the Congressional "Supercommittee" during 2011's debt ceiling negotiations
01[10:16] {Threei}  get it? this game of competing and contradicting headlines is on
[10:16] {dino} trade the noise
01[10:16] {Threei}  and will continue till Christmas
01[10:16] {Threei}  good luck swing traders
[10:19] {dino} cbrl stopped wtf
01[10:20] {Threei}  out LVS .75
01[10:20] {Threei}  probably has more in it
01[10:21] {Threei}  but I don't feel like sticking around for too long
[10:23] {nemo} better put on your chin protector
[10:25] {scottie} HAL l 33 ?
01[10:26] {Threei}  I think so
[10:27] {scottie} in .01
01[10:30] {Threei}  2 US-based Internet-monitoring companies say Syria has shut off Internet nationwide
[10:31] {scottie} out .89
[10:32] {thomcbell} fFB
[10:32] {thomcbell} FB
[10:32] {thomcbell} failed at gap again
01[10:34] {Threei} Short Setup: CAT  .80 break hl
01[10:34] {Threei}  If holds  .90
01[10:34] {Threei}  target .60
[10:35] {dino} pir hl l .10
01[10:37] {Threei}  1:1
[10:43] {dino} rue hl l .60
01[10:52] {Threei}  (US) Senator Conrad (D-ND) Budget Committee Chair: Meetings with CEO on the fiscal cliff issue were 'constructive'- There are a number of big sticking points in the discussions - Sticking points include top tax rate and spending on health care
[10:52] {Will49} no kidding
01[10:53] {Threei}  http://goo.gl/Hbocw
[10:57] {scottie} NCR l .25 if holds .15 ?
[10:57] {nemo} buy support sell resistance day
01[10:57] {Threei}  not delighted scottie
[10:57] {scottie} tks
01[10:57] {Threei}  nemo looks to be right
[10:59] {scottie} looks like it's difficult for you to admit that, lol
[11:00] {cipher} sfly l.30
01[11:00] {Threei}  difficult? downright painful!
01[11:01] {Threei}  lol: http://goo.gl/MElv7
[11:01] {dino} out rue .84, +.24
[11:03] {cipher} meli l .00
[11:04] {nemo} kss
01[11:13] {Threei}  watching RIMM for long from under .90
[11:13] {dino} cbrl hl l .30
01[11:14] {Threei} Long Setup:  RIMM  .90 break
01[11:14] {Threei}  If holds  .85
[11:15] {dino} pir to .47
01[11:17] {Threei}  meh
[11:18] {dino} out pir .49, +.38
01[11:18] {Threei}  took a lot of patience
[11:19] {dino} yeah, seems to be that way lately
[11:19] {cipher} meli stop -.25
[11:21] {cipher} lqdt l .86
[11:23] {cipher} out .70 -.16
01[11:29] {Threei} Long Setup:  RIG  .15 break
01[11:29] {Threei}  hl
01[11:29] {Threei}  If holds  .05
01[11:31] {Threei}  time to switch to DKTD setup, judging from this sharp red bar
[11:31] {Will49} ?
[11:31] {dino} out cbrl .99, +.69
06[11:32] * nemo whacks Will with yesterday's log
01[11:32] {Threei}  http://goo.gl/eKofA
[11:32] {Beau} beautiful dino
[11:32] {Will49} no short term memory
[11:32] {dino} ty, lucky
[11:33] {nemo} what methodical buying in kss
[11:33] {thomcbell} FB 26.48 break if hlding 26.43 Vad?
01[11:33] {Threei}  formally yes, but 5 cents is too tight for such volatile stock
[11:39] {thomcbell} FB 1:1- kind of
01[11:39] {Threei}  good one
01[11:40] {Threei}  wow
[11:41] {nemo} boehner's talking
[11:41] {dino} mkt drop
01[11:41] {Threei}  (US) House Speaker Boehner (R-OH): Republicans are comfortable going over the fiscal cliff
[11:41] {nemo} the frickin' headline risk in this market is unbelievable
[11:41] {Will49} guess i was kidding myself :(
[11:42] {robbers} It's the talking point du jour syndrome.
[11:44] {dino} its b.s. all of them put us in this spot aug 2011
01[11:44] {Threei}  (US) House Speaker Boehner (R-OH): Democrats are comfortable going over the fiscal cliff, President Obama's actions have not matched his words, Democrats are not serious about spending cuts
01[11:44] {Threei}  - No substantive progress has been made in talks
[11:45] {nemo} well, spy filled gap, wonder how much of yesterday we retrace
[11:47] {dino} rue hl l .42
[11:55] {Will49} I just regained consiousness...what happened?
[11:55] {Will49} kidding
[11:55] {nemo} politician opened his mouth
[11:55] {Will49} this is no country for old men
01[11:59] {Threei} Long Setup:  FCX  .05 break
01[12:00] {Threei}  If holds  .95
[12:12] {thomcbell} FB trying yete again
01[12:12] {Threei}  1:1
[12:21] {nemo} kss in bounce territory
[12:23] {nemo} boom!
[12:25] {nemo} I'm outta' dramamine
01[12:31] {Threei}  lol
01[12:31] {Threei}  FB, (*#$&(
01[12:36] {Threei}  FCX 1:2, out
01[12:36] {Threei}  took a while but heck
[12:36] {Will49} good one Vad
[12:36] {Will49} just took a scalp..I'm spooked now :)
01[12:37] {Threei}  the day is not too bad overall, just not smooth
01[12:37] {Threei}  we need out spy in Congress, to give us signals what the next talking head is going to say
[12:38] {Will49} one of those effin blabber-mouths might decide to move the markets again
[12:38] {Will49} eggsactlee
01[12:38] {Threei}  "we re close to a deal" - buy all you can and dump in 1 min after he opens his mouth
01[12:38] {Threei}  "we are not close to a deal" - short the flipping hell out of the marker
01[12:40] {Threei}  42% Give Obama Positive Marks on the Economy
01[12:40] {Threei}  yes, he sure did a lot of good
[12:40] {Will49} I'd like to give him a mark somewhere
[12:40] {nemo} well, that killed any momentum in KSS
01[12:42] {Threei}  on the other hand, 57% Have A Favorable Opinion of Hostess Twinkies
01[12:42] {Threei}  sigh
01[12:42] {Threei}  I feel like total misfit
01[12:43] {Threei}  can I have my own planet? Even asteroid will do.
01[12:43] {Threei}  little rock in space
[12:43] {nemo} for you risk takers, KSS coming in to morning lows
[12:47] {dino}  out rue .66, +.24
[12:52] {dino} taking a break
01[12:53] {Threei}  US Senator Majority Leader Reid (D-NV): Waiting for serious proposals from Republicans (update)- Reiterates want to finalize deal this year and not kick the can down the road US Senator Schumer: There has been progress in the fiscal cliff talks
01[12:54] {Threei}  NASA says Dec 21 won't be Doomsday
01[12:54] {Threei}  wtf
01[12:54] {Threei}  nemo, you promised
[12:57] {Will49} and here I've been depleting my trading account based on not needing it anymore
01[12:57] {Threei}  trading? I spent saving, checking and maxed out credit cards
[12:57] {Will49} :)
01[12:58] {Threei}  and mortgaged out home twice
[12:58] {Will49} you're one creative Russian
01[12:59] {Threei}  gullible too - nemo promised to cover my expenses if world doesn't end, but now I can't get him answer my pnic dcc
[13:00] {thomcbell} FB 27.01 break if holding 23.90
[13:01] {thomcbell} will definitely play it by the book
[13:02] {thomcbell} amazing - up 40% since the stock became available (the big one)
01[13:09] {Threei}  the power of short squeeze
01[13:09] {Threei}  remember the day I said this was going to happen?
01[13:10] {Threei}  when all the forums screamed bloody murder
01[13:10] {Threei}  "short into huge lockup expiration"
[13:13] {thomcbell} invalidated
[13:14] {thomcbell} can make the case for a 26.85 short break on it here too
01[13:23] {Threei}  (US) White House Press Sec Carney: Progress has been made on fiscal cliff talks; Republicans recognize the need for more revenue, optimistic about reaching a budget deal- Not there yet over the dispute regarding top tax rates
01[13:24] {Threei}  so, who believes there will be any meaningful cut in spending?
01[13:25] {Threei}  deafening silnece
01[13:25] {Threei} Long Setup:  FB  27 break
01[13:31] {Threei}  Bacon-scented shaving cream hits the market
01[13:33] {Threei}  nemo's genetic experiments gotta stop: http://goo.gl/TIgdb
[13:34] {nemo} wow
01[13:37] {Threei}  target 1:4
01[13:39] {Threei}  1:1
[13:48] {nemo} this day feels like it's gonna' breakout
[13:48] {scottie} gotta go, see you all tomorrow
[13:48] {Will49} cya scottie
[13:48] {scottie} will
01[13:49] {Threei}  take care scottie
01[13:52] {Threei}  1:2
[13:53] {dino} what'd i miss?
01[13:53] {Threei}  FB call
01[13:53] {Threei}  genius one
[13:53] {dino} gj
01[13:53] {Threei}  if I may say so myself
01[13:54] {Threei}  and if I may not, I will anyway
[13:55] {robbers} Yeah, nice call, Vad.
[13:56] {Will49} i second that emotion
01[13:56] {Threei}  ty
01[13:59] {Threei}  1:3
01[14:03] {Threei}  1:4 target hit, over and out
[14:03] {dino} sweet
[14:03] {Will49} tks Vad...
06[14:03] * Threei takes a bow
01[14:18] {Threei}  http://goo.gl/N0qYv
[14:34] {dino} pir hl l .59
[14:35] {dino} wll spike
[14:36] {dino} and drop
[14:49] {nemo} water torture market
[14:50] {dino} afternoons are dead
01[14:50] {Threei}  they become very stock specific
[14:50] {nemo} tna set up at 2:12 but it snuck by...sheesh
01[14:50] {Threei}  no point in trying to trade market move
[15:14] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
[15:15] {dino} pir to flat thing won't move
[15:15] {dino} cbrl rolling over again
[15:23] {dino} stop pir flat
01[15:33] {Threei} Short Setup: FCX  .20 break
01[15:33] {Threei}  If holds  .25
[15:33] {nemo} wow, shorting a dull market
[15:35] {thomcbell} just got bck - FB had a jeck of a move
01[15:40] {Threei}  meh
01[15:52] {Threei}  Ok guys, very decent day
01[15:52] {Threei}  thank you all
[15:52] {Will49} See you guys tomorrow
01[15:52] {Threei}  have a great evening
01[15:52] {Threei}  see you tomorrow
[15:54] {dino} calling it a day too, thx all, decent morning