Session Time: Thu Dec 06 00:00:00 2012
[08:58] {scottie} good morning
01[08:59] {Threei} scottie :})
[09:05] {dino} gm
01[09:05] {Threei} dino :)
[09:05] {cipher} gm
01[09:05] {Threei} cipher :)
[09:06] {patel} Good Morning Everyone... :)
01[09:06] {Threei} patel :)
[09:07] {nemo} maybe we should call him kneecap
[09:11] {nemo} so...what's this aapl drop about, moving Macs to the US?
01[09:14] {Threei} maybe just time?
[09:15] {nemo} lulu
[09:15] {Beau} good morning all
01[09:15] {Threei} beau :)
[09:15] {nemo} So what is all this silliness about me being sensitive?
01[09:15] {Threei} aren't you???
01[09:16] {Threei} FCX another smackdown
[09:19] {Will49} Good morning
01[09:20] {Threei} will :)
01[09:20] {Threei} everyone got yesterday's e-mail with Dec-Jan outlook?
[09:20] {thomcbell} si
[09:20] {Will49} yes
[09:20] {scottie} yes
01[09:20] {Threei} :)
[09:21] {patel} yes.
[09:21] {robbers} yep.
01[09:21] {Threei} cool, I think we rooted out the problem that prevented some e-mail addreeses to be included
01[09:25] {Threei} oh good... Energy dept to spend 120M on electric car battery research
[09:27] {Will49} worked at Northwest National Lab which will do this work
[09:27] {patel} think we can get FCX on a bounce play.
[09:27] {patel} lots of support at 31
[09:27] {Will49} 120M is petty cash
[09:27] {nemo} spy looks like bounce
01[09:28] {Threei} it's nothing to resolve it, but enough to make another painful loss on top of all the solyndras and a123s
[09:28] {nemo} great call by me
01[09:28] {Threei} and crowd out private investments
01[09:28] {Threei} hehe nemo
01[09:28] {Threei} let's keep FCX on a radar
[09:29] {nemo} well, it could only go two ways, I wouldn't have said anything if it dropped
01[09:29] {Threei} not sure yet for bounce or short
[09:29] {dino} lol nemo
01[09:33] {Threei} Long Setup: FCX .70 break hl
01[09:33] {Threei} If holds .55
01[09:33] {Threei} 1:1
[09:34] {patel} way 2 fast for me couldnt grab any.
[09:34] {scottie} didn't get it either
01[09:34] {Threei} it pulled back for second chance...
01[09:34] {Threei} .72 fill
[09:35] {Will49} out at 1:1 txs Vad
01[09:35] {Threei} :)
01[09:35] {Threei} Short Setup: GLD .80 break
01[09:35] {Threei} If holds .90
01[09:37] {Threei} target 1:2
01[09:38] {Threei} notice how FCX didn't even pause to think at 31, just went through like it was nothing
01[09:38] {Threei} GLD 1:1
01[09:39] {Threei} Short Setup: FCX .65 break hl
01[09:39] {Threei} If holds .75
01[09:40] {Threei} Invalidated
01[09:40] {Threei} may get reestablished yet
01[09:41] {Threei} GLD 1:2, out
[09:41] {scottie} +.18 tks Vad
01[09:41] {Threei} yw
[09:41] {patel} thanks Vad
[09:41] {robbers} out gld, thanks.
01[09:41] {Threei} :)
[09:42] {Will49} 1:2 tks Vad
01[09:46] {Threei} Short Setup: SWL .80 break
01[09:46] {Threei} If holds .90
[09:46] {cipher} fran l .54
01[09:46] {Threei} SLW
01[09:47] {Threei} Invalidated
[09:48] {robbers} gmcr
[09:49] {cipher} fran stop .-18
[09:54] {thomcbell} long setup tibx 19.85 break if holding 19.75
01[09:54] {Threei} Long Setup: LVS .15 break
01[09:55] {Threei} If holds .05
[09:55] {thomcbell} im there with a half lot -
[09:55] {thomcbell} short setup FB 27.64 break if holding 27.72
[09:57] {thomcbell} fb 1:1
[09:57] {thomcbell} tibx 1:1
01[09:57] {Threei} nice side by side plays
[09:58] {thomcbell} scalp rules on both
[09:58] {thomcbell} target is 27.46 on fb
01[09:58] {Threei} watch FB for long from under .50, on recross
[09:58] {thomcbell} agreed
01[09:59] {Threei} can be cute double bottom
[09:59] {thomcbell} flat FB
01[09:59] {Threei} LVS target 1:2
[09:59] {thomcbell} 27.51
01[10:00] {Threei} 1:1
[10:00] {thomcbell} oh there is the target on FB
01[10:00] {Threei} Long Setup: FB .50 break
[10:00] {thomcbell} could get a bit nasty if low is breached
01[10:00] {Threei} If holds .45
[10:01] {dino} jwn hl l .40
01[10:01] {Threei} LVS scalpers win
[10:01] {thomcbell} tibx 1:2
[10:01] {thomcbell} did second partial
01[10:01] {Threei} (GR) Luxembourg Fin Min Frieden: Cannot rule out completely another Greek debt writedown
01[10:02] {Threei} I can completely rule out that there won't be one
01[10:02] {Threei} Invalidated FB
[10:02] {thomcbell} tibx out 19.99
[10:03] {thomcbell} wrong tibx never got to 1:1
01[10:04] {Threei} Long Setup: FB .40 hl break
01[10:04] {Threei} If holds .30
01[10:05] {Threei} trail to .34
[10:06] {thomcbell} fio short setup 22.77 break if holding 22.90 half lot
01[10:06] {Threei} 1:1
[10:06] {thomcbell} good one Vad
01[10:06] {Threei} :)
[10:06] {Will49} tks Vad
01[10:08] {Threei} yw
01[10:08] {Threei} LVS rinsed second half
[10:11] {thomcbell} fio 1:1 almost 1:2
[10:13] {thomcbell} partialled again fio 22.57
[10:13] {thomcbell} stop to 22.65
[10:13] {cipher} fran l .81
[10:13] {scottie} GGP l .10 if holds .00
[10:14] {scottie} ?
01[10:15] {Threei} chart is right but I have this nagging suspicion that SPY is about the break down
[10:15] {scottie} tks
[10:16] {thomcbell} flat fio
01[10:16] {Threei} nice insipration this morning, tbell
[10:16] {nemo} spy chart compressing
[10:16] {scottie} short 20 then ?
01[10:18] {Threei} could be... if SPY loses .20, waterfall should follow
[10:18] {dino} tol hl l .31
01[10:18] {Threei} aka cascade
[10:20] {cipher} out fran .06 +.25
[10:20] {thomcbell} tibx looking like it could break now
[10:20] {dino} out fran +.24 ty cipher
[10:20] {cipher} yw
01[10:21] {Threei} Short Setup: CAT .50 break hl
01[10:21] {Threei} If holds .60
01[10:21] {Threei} aggressive for .40 break
01[10:21] {Threei} 1:1
01[10:22] {Threei} my nagging suspicion was nagging me for a reason
[10:22] {Will49} you're obviously sensitive to nagging :)
01[10:23] {Threei} nemo's bad influence... I wasn't this sensitive until I met him
[10:23] {thomcbell} FB feeling lower to me again
01[10:24] {Threei} on every turn, he is like "dude, be sensitive..."
[10:24] {thomcbell} feel like this FB is going to have a big down move down to 26.60 or so
[10:24] {nemo} ?
[10:24] {thomcbell} waiting for setup
[10:25] {thomcbell} 27.32 break if holding 27.42
[10:27] {thomcbell} FB invalidated
[10:27] {thomcbell} going to continue to watch it
[10:28] {thomcbell} VAD lvs 43.50 break if holding 43.60 ?
01[10:28] {Threei} I like it
01[10:28] {Threei} a lot of air under
01[10:29] {Threei} A Reuters poll earlier this year found that nearly one in four Americans and one in seven worldwide believe the world will end during their lifetime.
[10:29] {dino} "their" world
[10:31] {thomcbell} target is 43.30 on LVS
01[10:32] {Threei} vwap 43.09
01[10:32] {Threei} damn you nemo
01[10:33] {Threei} Short Setup: JCP .50 break
[10:33] {thomcbell} im still gong to play FB 27.32 break with a half lot
01[10:34] {Threei} If holds .60
[10:36] {dino} gut says up
01[10:36] {Threei} SPY?
01[10:36] {Threei} yeah
[10:36] {thomcbell} fb invalidated
[10:37] {patel} thoguhts on LVS
[10:38] {thomcbell} 43.60 is my stop so out here
[10:39] {dino} out tol .74, +.44
01[10:39] {Threei} JCP 1:1
[10:42] {dino} out jwn .69, +.29
[10:42] {dino} cbrl thinny looks like wants higher
01[10:43] {Threei} 1:2
01[10:43] {Threei} near perfect morning
01[10:43] {Threei} rinse for partial and one stop
01[10:44] {Threei} the rest work like charm
[10:44] {patel} gj
[10:44] {patel} I didnt get in JCP
[10:44] {patel} bad executions on my part this morning.
[10:44] {Will49} hitting on all cylinders today Vad
01[10:44] {Threei} JCP was easy...
01[10:44] {Threei} even bounced right above trigger twice for an entry
[10:45] {patel} yeah saw that as well.
[10:45] {Will49} that the uptick rule in play?
01[10:45] {Threei} no
01[10:45] {Threei} uptick rule kicks in for stocks that are down over xx%
01[10:45] {Threei} 10 I think
[10:46] {Will49} I hit the bid and laser said "not on short list"
01[10:46] {Threei} not in inventory then
[10:46] {patel} Will was that JCP
[10:46] {Will49} yes
[10:46] {patel} I have laser as well so I probably couldnt have shorted it.
01[10:46] {Threei} must be limited inventory
01[10:47] {Threei} so those who entered earlier exchausted supply
[10:47] {Will49} yeah, i was a tad late
[10:47] {dino} cbrl hl l ave .88
[10:47] {Will49} YOU exhausted their inventory all by yourself vad :)
01[10:48] {Threei} lol
[10:48] {Will49} leave some for the litle guys next time :)
01[10:49] {Threei} yeah, little nemo on my shoulders too says "dude, be sensitive"
[10:49] {dino} hardly
[10:49] {nemo} now you're just being mean
01[10:50] {Threei} sorry
[10:50] {nemo} frickin' hytraya jopa
[10:50] {nemo} zhopa
[10:50] {nemo} whatever
01[10:50] {Threei} lol
[10:55] {thomcbell} wow lvs bananas
[10:55] {scottie} AKAM l .30 ?
[10:57] {scottie} too fast
01[10:57] {Threei} ummm
01[10:57] {Threei} yes :)
[10:57] {patel} FCX 31.26 how does that sound
01[10:58] {Threei} yes but hl
[10:58] {patel} stop
[10:58] {patel} anything better than 31.09
01[10:58] {Threei} under .10, yes
01[10:58] {Threei} look at it this way:
01[10:59] {Threei} we had near-perfect morning, every trade worked as charm,
01[10:59] {Threei} esasy money has been made,
01[10:59] {Threei} lunch time approaching
01[10:59] {Threei} so keep risk down now, move to hl
01[10:59] {Threei} or to trades where speed is lower, stops are tighter
[11:00] {patel} i think break of 31.33 and this thing could fly
01[11:00] {Threei} {FCX} are you calling me a pig?
[11:00] {thomcbell} short setup lvs 44.20 break if holding 44.30
[11:00] {dino} vra hl l .49
[11:01] {thomcbell} target is 44
[11:02] {thomcbell} lvs 1:1
01[11:02] {Threei} good one again
01[11:02] {Threei} what did you have for breakfast today tbell?
01[11:02] {Threei} my bet is eggs and bacon
[11:02] {Will49} tks tbell
[11:03] {thomcbell} got my 0.10 cents back from lvs - stop before
01[11:03] {Threei} trail FCX to .14 now
01[11:04] {Threei} LVS target hit
[11:04] {thomcbell} out lvs
01[11:04] {Threei} wtg
01[11:05] {Threei} smooth sailing
[11:05] {Will49} love it
[11:05] {dino} gj
01[11:05] {Threei} I knowe why my win rate is above clouds this month - I am overcompensating for the vacation coming
01[11:06] {Threei} what's your deal, tbell?
[11:07] {thomcbell} u need to take credit for it Sensai
01[11:07] {Threei} gladly... I take credits even when no one gives them to me {G}
[11:07] {thomcbell} fb 27.45 break if holding 27.55 - or should we just leave this one alone
01[11:08] {Threei} if not for little nemo on my shoulder, I would be running around with baseball bat, beating up people for credits
01[11:09] {Threei} but his incessant nagging "be sensitive dude..."
[11:09] {scottie} TV l .80 ?
[11:09] {thomcbell} looks like aggressive entry for 27.32 break on fb
01[11:09] {Threei} yup
01[11:10] {Threei} hl of course
[11:10] {scottie} missed it
[11:10] {scottie} damn I'm slow this morning
[11:10] {scottie} :)
01[11:11] {Threei} watch GLD for long on quick move to about .55-.60
[11:13] {dino} hes hl l .50
01[11:13] {Threei} (US) House Minority Leader Pelosi: GOP Fiscal cliff offer is an 'assault' on the middle class; plan does not move the country any closer to a dea
[11:16] {thomcbell} stop to 27.49 too limit risk on FB
[11:17] {patel} is your target still 26.60?
[11:18] {thomcbell} i dont know what that move was about on lvs
[11:18] {thomcbell} gimme a break
[11:20] {thomcbell} and now the longs get scared
[11:20] {thomcbell} lol
01[11:20] {Threei} Long Setup: GLD .60 break hl
[11:21] {patel} I will be cheering you on from the sidelines on FB.
01[11:21] {Threei} If holds .50
[11:21] {thomcbell} FB stop to break even
[11:22] {thomcbell} flat fb -
01[11:25] {Threei} 1:1
[11:27] {thomcbell} if u like gld then gdx long setup 45.85 break if holding 45.80
[11:27] {thomcbell} Vad
[11:28] {scottie} +.18 tks Vad
01[11:28] {Threei} :)
[11:28] {thomcbell} im not playing the gdx
01[11:29] {Threei} not sure about it too
01[11:29] {Threei} chart rather feels to me like .80 break short
[11:30] {thomcbell} y could be two sided
01[11:31] {Threei} 19% Favor New Government Spending to Stimulate Economy
01[11:31] {Threei} strangely low number
[11:33] {thomcbell} FB back near pivot
[11:34] {thomcbell} feel like we need to find setups near support and resistance levels - pretty clear on support at 26.50 but not on resistance - nemo/Dino?
[11:35] {thomcbell} slw 35.42 break if holding 35.50 - half lot
[11:38] {thomcbell} ok slw invalitated
01[11:39] {Threei} Short Setup: GLD .55 break hl
01[11:39] {Threei} If holds .65
[11:41] {thomcbell} slw still valid
[11:41] {dino} out vra .73, +.24
01[11:41] {Threei} wtg'
01[11:42] {Threei} 1:1
[11:42] {dino} ty, slow one
[11:42] {dino} out cbrl flat
[11:44] {Will49} tks tbell out gdx 1:1
01[11:44] {Threei} good one again
01[11:45] {Threei} GLD 1:2, out
[11:45] {scottie} +.19 tks Vad :)
01[11:45] {Threei} we are unstoppable today
[11:45] {Will49} jinx......
01[11:45] {Threei} must be patel's fault
[11:46] {robbers} Literally unSTOPpable.
[11:46] {patel} u guys are always unstoppable....
[11:46] {patel} on GLD
[11:46] {patel} i have to be a scalper on that one
[11:46] {patel} cant do much with 200 shares
[11:46] {patel} lol
[11:49] {thomcbell} covered 1/2 slw 35.33
[11:49] {patel} nice job
[11:50] {patel} missed out on that one.
[11:51] {thomcbell} lvs short setup 44 break if holding 44.11
[11:53] {dino} back in ten
01[11:58] {Threei} GDX 1:2
[12:00] {thomcbell} covering slw 35.27
[12:02] {thomcbell} lvs 1:1
[12:05] {dino} gj
[12:06] {dino} ioc drop
[12:07] {thomcbell} lvs stop to 43.99 to ensure fill
[12:09] {Beau} dino, what stops do you use with full?
[12:13] {dino} .12 fl, hl .30, sm .38
[12:13] {dino} i play more volitile stocks than most
[12:13] {Beau} thank you
[12:13] {dino} np
[12:13] {dino} just missed ioc. was at .94
[12:15] {dino} vra new low
[12:19] {thomcbell} lvs stop to 43.91
[12:19] {patel} dang thomcbell you are FIRE!!!! :D
[12:20] {nemo} Great...now I'm hearing Springsteen tunes in my head
[12:30] {_syncc} Opinions on ABX?
[12:31] {nemo} well, it's currently moving with the spy
01[12:31] {Threei} short on .40 break
01[12:31] {Threei} if stays under .50
[12:32] {_syncc} nice, thanks
01[12:32] {Threei} for a day trade that is
[12:32] {_syncc} how about long?
[12:32] {_syncc} it scares me.. ahah
01[12:32] {Threei} daily is two-sided, short on .25 - .40 zone break, or long on 34 break
01[12:33] {Threei} for intraday trade, I wouldn't play it long
01[12:33] {Threei} not that it can't go up,
01[12:33] {Threei} but there isno credible setup
[12:33] {thomcbell} fcx looks like death again
[12:33] {_syncc} thanks vad!!
01[12:34] {Threei} sure
01[12:34] {Threei} missed most of fantastic day of trading, syncc...
01[12:34] {Threei} one of those "can do no wrong"
[12:35] {_syncc} im Sync from caracommunity btw, just thought Id check out this chat
01[12:35] {Threei} caused by some change in tbell diet I suspect
01[12:35] {Threei} cool, welcome to the room
[12:35] {_syncc} Oh I know, I have been studying for my exams all day, worst timing.
[12:35] {Will49} syncc..are you north of 49th parallel?
01[12:36] {Threei} btw, I just learned that according to native american zodiac I am an owl... there is one thing terribly wrong with this:
01[12:36] {Threei} description, while mostly correct, starts with very misleading "cordial and inviting"
[12:36] {_syncc} Hate to be ignorant Will, but what is the 49th parallel?
01[12:36] {Threei} http://nativeamericanencyclopedia.com/native-american-zodiac-animal-owl/
[12:36] {nemo} oh jeez...it latitude syncc
[12:36] {Will49} southern border of canada..mostly
01[12:36] {Threei} divide between US and Canada, sync :)
[12:37] {_syncc} Im in Toronto, hows that? Quite close to Bill actually.
[12:37] {Will49} saw your Rogers Cable is signature
[12:37] {_syncc} I go to Schulich, and live 15 mins away
[12:37] {Will49} excellent school
01[12:37] {Threei} have you attended Sept conference?
[12:37] {_syncc} horrible school
[12:38] {_syncc} my friends and I and getting our butts kicked at the moment :)
[12:38] {dino} trading?
[12:38] {_syncc} exams truly take a toll
[12:38] {thomcbell} totally bizzare FB action
01[12:39] {Threei} no, that's business school, dino
[12:39] {dino} ahh
[12:39] {thomcbell} a big move should come out of this pattern
01[12:40] {Threei} Short Setup: QCOR 25 break hl
01[12:40] {Threei} If holds .10
[12:41] {thomcbell} lvs could correct decently if 43.78 gives
[12:41] {thomcbell} staying away for now
[12:41] {Will49} not on short list vad
01[12:41] {Threei} (US) Senate Majority Leader Reid (D-NV): Congress should give President Obama the authority to raise the debt ceiling- Until the Republican side are willing to move on tax hikes, there will be no consideration of spending cuts. - Want to see a stimulus component to any budget deal (as the President's plan calls for). ***Earlier in the session, Senator McConnell (R-KY) said a permanent debt ceiling increase is not going to happen
01[12:41] {Threei} (US) White House: 14th amendment does not proivide the President the power to ignore the debt ceiling issue
01[12:42] {Threei} good thing will
[12:42] {dino} mw hl s .51
[12:42] {Will49} amen
[12:42] {Will49} wtf Vad..thatis dino's kind of trade
[12:43] {Will49} big spread
01[12:43] {Threei} yeah
[12:43] {Will49} I though I was hallucinating
[12:43] {dino} you say that like its a bad thing
[12:44] {Will49} nightmare
[12:44] {Will49} see?
[12:48] {patel} Vad do you still host training on a cruise.
[12:48] {_syncc} booze cruise? :)
[12:49] {Will49} yeah Vad's last cruise was Costa Concordia
[12:49] {patel} is it every year?
01[12:50] {Threei} cruise?
[12:50] {patel} y
01[12:50] {Threei} never did that
[12:50] {patel} hmm
01[12:51] {Threei} Bahamas twice but it was land
[12:51] {_syncc} just shorted ABX at .41
[12:51] {patel} back in 2009
01[12:51] {Threei} Nassau, Freeport
01[12:51] {Threei} 2009 and 2010
[12:51] {patel} oh okay.
[12:51] {Will49} scottie...see PM
01[12:52] {Threei} then Whistler in 2011 and Toronto 2012
[12:56] {dino} mw stop -.25
[12:57] {_syncc} small gain on ABX short, just covered it at .33
[12:57] {_syncc} not sure to do all these abbriviations, sorry if typing it out is too much to read
01[12:58] {Threei} I think it has more potential
01[12:58] {Threei} but things are slow
[12:59] {_syncc} impatience is my kryptonite
01[12:59] {Threei} nothing years wouldn;t cure :)
[12:59] {_syncc} anyway im off, ill check in tomorrow as well for a bit. will read the log tonight. thanks everyone
01[12:59] {Threei} make suere you read http://www.realitytrader.com/tradingroom/#instructions
[12:59] {_syncc} will do!
01[12:59] {Threei} take care syncc
01[13:01] {Threei} see ABX dropping more
01[13:01] {Threei} 1:1
[13:02] {patel} i didnt see the abx call
01[13:02] {Threei} 12:30] {_syncc} Opinions on ABX?
01[13:02] {Threei} [12:31] {nemo} well, it's currently moving with the spy
01[13:02] {Threei} [12:31] {Threei} short on .40 break
01[13:02] {Threei} [12:31] {Threei} if stays under .50
[13:03] {patel} gotcha. I wasnt not at my computer.
[13:06] {dino} ioc hl l .55 wide
[13:08] {thomcbell} lvs vulnerable but im leving it alone
[13:16] {dino} vra l .84
[13:17] {nemo} PAY
[13:17] {nemo} PAY
[13:17] {nemo} PAY
01[13:17] {Threei} keep calm nemo
[13:17] {nemo} YAP
[13:17] {nemo} YAP
[13:17] {nemo} YAP
[13:17] {Will49} lol
01[13:18] {Threei} (US) US Senate Republicans have filibustered the vote regarding potential power for the President on debt ceiling
01[13:18] {Threei} those bastards
[13:18] {dino} good
[13:20] {nemo} budgets and the power to tax are in Congress
[13:20] {nemo} that would be a significant variance from the Constitution
[13:21] {Will49} POTUS is watching the Egyptian guy
01[13:22] {Threei} clumsy and inelegant... take pages from Stalin's book if you want real dictatorship
[13:22] {nemo} Mao did a good job too
[13:22] {dino} lol will, but seems so. he wats all powers
01[13:22] {Threei} a few waves of cleansing among party faothful, and you are good for decades
[13:23] {nemo} I like the match factory story
01[13:23] {Threei} yeah... famous one
01[13:24] {Threei} do I need tp retell it or everyone knows?
[13:24] {dino} vra to .02
[13:25] {dino} out .03 slip, +.19
[13:25] {Will49} tell it
[13:25] {nemo} Tell us a story...
[13:25] {dino} story time
01[13:25] {Threei} there were a lot of complaints about quality of matches produced by about the only soviet factory that made them
01[13:26] {Threei} when story reached Stalin, he invited factory director for a visit,
01[13:27] {Threei} which was known as "call to a rug"
01[13:27] {Threei} and usually promised nothing but troubles
01[13:27] {Threei} and troubles by Stalin's measures meant jail for decades
01[13:27] {Threei} if not sownright execution
01[13:28] {Threei} So, director walks in his office, white and trembling,
01[13:28] {Threei} Staling sits at his desk, reads sone papers, pays him no attention for a few minutes
[13:28] {dino} ioc stop -.22
01[13:28] {Threei} then picks up his famous pipe, stocks it with tobacco,
01[13:29] {Threei} takes out matches produced by this same factory
01[13:29] {Threei} strikes one, no flame
01[13:29] {Threei} second, third, forth
01[13:29] {Threei} throws the bof on the floor, takes out self-made lighter and lights the pipe up,
01[13:30] {Threei} all that with no single glance at poor guy
01[13:30] {Threei} then dismisses him with slight jesture of hand
01[13:30] {Threei} guy walks out almost unconscious
01[13:31] {Threei} Literally next day, quality control on the factory exceeds wortkers in numbers
01[13:31] {Threei} director personally checks matches
01[13:31] {Threei} no complaints about quality since then for many many years
[13:32] {scottie} true story ?
01[13:32] {Threei} yup
[13:32] {nemo} yep
[13:32] {nemo} lumpens are lumpens
[13:32] {nemo} lumpins
[13:32] {nemo} then there are the stories right before he died
[13:32] {nemo} spent last few days alone, supposedly
[13:32] {nemo} they could here voices through the door
[13:33] {nemo} when he was supposed to be in there alone
[13:33] {nemo} Zhukie story
01[13:33] {Threei} the best book ever about him, http://goo.gl/xOCEl
[13:37] {thomcbell} stop is close enuf - FB short setup 27.44 break if holding 27.50
[13:38] {nemo} o.k. I'm outta here...you folks have hurt my feelings
[13:39] {dino} lol
[13:39] {Will49} hahahaha
[13:39] {Will49} Mr sensitive himself
[13:44] {thomcbell} long setup wlt 33.67 break if holding 33.57
[13:51] {thomcbell} flat fb
[13:51] {thomcbell} looks like a waste of time
01[13:52] {Threei} (IR) US Govt reportedly to extend waivers by 6 months for India, South Korea, and Turkey regarding trade sanctions with Iran
01[13:52] {Threei} is it a joke?
[13:54] {dino} indeed it is. classic obummer
[13:57] {dino} qcor spike, news?
01[13:58] {Threei} not since 12:38
01[13:58] {Threei} Citron dissing them
01[13:58] {Threei} (again)
01[13:59] {Threei} Facebook Said to have hired former Expedia exec to head up its travel business - travel industry blog
[14:00] {scottie} MGM l here if holds .80 ?
01[14:00] {Threei} I'll pass...
[14:00] {scottie} ok
01[14:00] {Threei} RIMM another round of takeover chatter
[14:11] {dino} last try ioc hl l .47
[14:14] {thomcbell} FB near moment of short term truth
[14:14] {patel} is 27.31 an entry for short
[14:14] {dino} hes to .59
01[14:15] {Threei} I think so
[14:17] {thomcbell} oh damn FB that 0.44 entry should have not been stopped
[14:19] {thomcbell} its breaking a 2 day pattern to the downside here
[14:19] {Will49} tks tbell out at +.13
[14:19] {Will49} just scalpin'
01[14:19] {Threei} get out FB
01[14:19] {Threei} too vertical
[14:20] {dino} out hes .59, ave +.15
[14:20] {patel} out of FB
[14:20] {thomcbell} u mean this down move?
01[14:20] {Threei} yes, close short
01[14:21] {Threei} good one patel
[14:21] {patel} tks
01[14:21] {Threei} scottie, you here?
[14:21] {patel} went in at 27.31 and partial out at 27.19 and 27.12
[14:21] {scottie} yes
[14:21] {Will49} gj patel
01[14:22] {Threei} good... you missed some good days or hours lately, wanted to make sure :)
[14:22] {robbers} wtg
[14:22] {patel} tbell entry at .44 would have been awesome
[14:22] {scottie} I'M having a good day, tks Vad
01[14:22] {Threei} :)
[14:23] {thomcbell} i did it and stopped it really for no reason because i got skittish
[14:23] {patel} i knew if that thing broke LOD it could go
[14:24] {dino} out ioc .72, +.23
[14:29] {dino} meli drop
[14:33] {dino} meli hl l .90
[14:43] {patel} any potential short setup 27 break
[14:43] {patel} FB
01[14:43] {Threei} yes but take risk down a notch
01[14:43] {Threei} hl
01[14:44] {Threei} move becomes excessive
[14:44] {patel} I am leaving it alone.
[14:44] {patel} Chicken to do it...
01[14:44] {Threei} doesn't mean it can't go lower but snapbacks become more vicious
[14:45] {thomcbell} yy
01[14:49] {Threei} Actor Stephen Baldwin arrested for allegedly failing to file income tax returns in New York
01[14:56] {Threei} now I know what insanity is... if you want to spend 6 minutes to find out: http://www.youtube.com/watch?v=4HJ54RRB7OU
01[14:57] {Threei} FB works
[14:57] {patel} yeah
[14:57] {patel} but oh well
[14:57] {patel} better safe than sorry
01[14:59] {Threei} from the same guy:
01[14:59] {Threei} I am amazed at how many people still believe the deficit is a problem. Where is the problem, show me?... For what it�s worth, here�s my plan: Forget the deficit. No, wait, even better�run it up. Run it up big time, like we did in WWII, to 30% of GDP. But instead of building armaments, let�s rebuild our roads, bridges and infrastructure, provide gov�t paid healthcare to people (fire the insurance companies!), invest in education by building schools and hiring teachers (and paying them well), expand basic science and research, explore alternative energy, create new transportation systems. Let�s do all these things.
[15:00] {dino} he totally forgets about interest payments
01[15:01] {Threei} etc, there is more but I can't stand this anymore
01[15:01] {Threei} including famous "we owe it to ourselves so it's not a debt"
[15:02] {Will49} what a jerk!
01[15:06] {Threei} speaking of vicious snapbacks, see FB almost 20 cents jump
[15:06] {patel} yeah
[15:07] {thomcbell} FB 27 break if holding 26.94
[15:07] {thomcbell} target 1:2
[15:10] {thomcbell} invalidated FB - could be a rinse
[15:11] {scottie} gotta go, see you all tomorrow
01[15:11] {Threei} take care scottie
[15:11] {dino} cya
[15:11] {Will49} cheers scottie
[15:24] {dino} rkus spike
[15:24] {patel} I think FB has potential to go up.
[15:30] {thomcbell} looks like coin flip on FB
[15:30] {patel} i know right
[15:31] {thomcbell} rather be long however
[15:33] {patel} GMCR keeps making new lows.
01[15:33] {Threei} who's happy with today's trading, vote for the 111 Trades course, will ya
01[15:33] {Threei} some weirdos overtook us
[15:33] {patel} overtook us
[15:34] {patel} ???
[15:34] {patel} vote where?
01[15:34] {Threei} http://www.traderplanet.com/star-awards/vote/
01[15:35] {Threei} scroll down to Trading coyurses, select 1st place for 111 Trades and click Submit
01[15:36] {Threei} http://www.realitytrader.com/traderplanet.html
[15:36] {dino} out meli .14, +.24
[15:38] {Will49} finally, eh dino?
[15:38] {Will49} Vad...I'm happy and I voted
01[15:38] {Threei} ty
[15:39] {Will49} second best day I've had since starting
[15:39] {robbers} Congrats!
[15:39] {dino} wtg will
[15:39] {Will49} tks guys
01[15:39] {Threei} btw patel, in case you didn't know... as a room member you are entitled to 30 % discount for the course with coupon (edited out)
[15:39] {dino} will, yeah that meli froze in 5 cent range for 40 min
01[15:39] {Threei} great to hear will
[15:40] {robbers} Great course, will want to make you vote for it, LOL.
[15:40] {robbers} Truly is a great course.
01[15:40] {Threei} :)
01[15:40] {Threei} wait till you go over Taoist Trader...
[15:41] {robbers} Just read the samples the other night, sounds interesting.
[15:41] {robbers} there's what, five or six pages to look at?
01[15:41] {Threei} in the sample?
[15:42] {robbers} Free pages to preview before buying.
01[15:42] {Threei} right
01[15:42] {Threei} my absolutely best, IMO
01[15:42] {Threei} and the least popular
01[15:42] {Threei} because it's WORK
[15:42] {patel} I ordered a value package from you back in 2009.
[15:42] {thomcbell} it is a goodie
[15:43] {patel} is that the same thing
[15:43] {patel} it had a few books
01[15:43] {Threei} no
01[15:43] {Threei} http://www.realitytrader.com/111trades.html
01[15:50] {Threei} OK guys, no more trades
01[15:50] {Threei} thank you all
01[15:50] {Threei} have a great evening, see you tomorrow
[15:50] {Will49} cheers
[15:50] {patel} take care
[15:51] {dino} thx all, decent day, some great ideas
[16:02] {thomcbell} good night
[16:02] {patel} good night
