Session Time: Fri Jan 18 00:00:00 2013
[09:03] {scottie} just dropping by to say hello
01[09:03] {Threei} hey scottie
[09:03] {scottie} wife in hospital again, spent most of the week there
[09:03] {scottie} she's better now, I should be back monday
01[09:03] {Threei} sorry to hear... hope she gets better
01[09:03] {Threei} best wishes
[09:03] {scottie} have a great weekend all.
[09:03] {scottie} tks
01[09:03] {Threei} you too
[09:08] {dino} gm
01[09:08] {Threei} dino :)
[09:17] {jdetente} gm
01[09:17] {Threei} jd :)
[09:18] {nemo} scottie...you should be back Tuesday I believe
01[09:18] {Threei} ?
[09:18] {nemo} MLK day Monday
01[09:19] {Threei} oh
01[09:19] {Threei} we canucks never remember this one
[09:19] {nemo} as a rule only american people of color do to
[09:20] {nemo} interesting... you have to use those words in that order with a preposition to be PC.
[09:20] {dino} lol
[09:20] {nemo} Da Komrade?
01[09:22] {Threei} I just saw somehting that made me think that's how nemo meditates:
01[09:22] {Threei} When you get angry, count to ten... when you get to eight, throw a punch, nobody expects that
[09:23] {ese} morning
01[09:23] {Threei} ese :)
[09:24] {nemo} cof
[09:24] {nemo} sorry
[09:24] {ese} anyone want to take my calculus 11 exam this morning
01[09:24] {Threei} let's check my thoery... ese, do you know we have day off this Monday?
[09:24] {nemo} looking for cof to bottom 56.50 area
[09:25] {cc_8} Among companies with shares expected to trade actively in Friday’s session are Morgan Stanley MS +1.01% (MS) Sony Corp. 6758.TO +12.21% (SNE, 6758.TO) and Intel Corp.'s INTC +2.51% (INTC).
[09:25] {cipher} gm
[09:25] {ese} no.......am too busy organizing 3 tours....2 to europe and one to Memphis to think about other schedules
[09:25] {nemo} damn had alert in at .60 and it bounce there
01[09:25] {Threei} see? no canuck has the slightest idea
[09:25] {ese} what are we talking about.......
01[09:26] {Threei} Monday is day off
01[09:26] {Threei} so you don't wake up early, only to find you are alone in the room :)
[09:26] {ese} maybe for you all
[09:27] {nemo} in .48
[09:27] {nemo} COF
01[09:28] {Threei} this exchange cracked me up
01[09:28] {Threei} [15:51] {nemo} dp...it's from a cartoon when I was a kid
01[09:28] {Threei} [15:54] {dptl} you were a kid?
01[09:28] {Threei} [16:03] {nemo} hatched
[09:28] {nemo} 1/2 out .81
[09:29] {ese} lol
[09:29] {ese} thats funny
[09:29] {ese} thats a nemo crack dejour
[09:29] {nemo} bailed on the second half
[09:29] {nemo} baled
01[09:32] {Threei} Long Setup: MS .10 break hl
01[09:33] {Threei} If holds .95
01[09:35] {Threei} no
01[09:35] {Threei} who unplugged the market?
01[09:35] {Threei} no news
[09:36] {nemo} profit taking
[09:36] {dptl} gm
01[09:36] {Threei} dp
01[09:36] {Threei} ah, I see
01[09:36] {Threei} (US) Sees 2013 US new home sales +22% y/y, existing home sales +7% y/y- 'Most housing macros continue to grow, helped by favorable affordability and buyer psychology
01[09:37] {Threei} good news, market down
01[09:37] {Threei} less odds of the next injection
[09:37] {nemo} Op Ex week profit taking
[09:37] {dptl} fast .50 short?
[09:38] {cipher} soda l .45
01[09:38] {Threei} Short Setup: FB .30 break
01[09:38] {Threei} If holds .35
[09:38] {nemo} watch for COF retest
01[09:39] {Threei} Long Setup: CAT .70 break hl
01[09:39] {Threei} If holds .60
[09:39] {nemo} short MS .90 stop above .00
[09:39] {cipher} WDC L .90
01[09:40] {Threei} half out FB
01[09:40] {Threei} stop to .31
[09:41] {cipher} amgn l .74
[09:41] {nemo} this ain't going fast enough for me
[09:41] {nemo} stop to .96
[09:42] {nemo} c'mon you frickin' pisdah!
[09:42] {dino} cof hl l .80
01[09:43] {Threei} no go CAT
[09:43] {nemo} verdammmte Aktien!!!
[09:43] {cipher} out soda .80 +.35
[09:43] {cipher} cof +.18 thx dino
[09:45] {dino} cof to b/e
[09:46] {cipher} penn l .00
[09:46] {thomcbell} long small aig here with 34.99 stop
[09:47] {cipher} MNST L .22
[09:48] {thomcbell} lvs 0.75 break long vad?
01[09:48] {Threei} Short Setup: FCX .30 break
01[09:48] {Threei} If holds .35
[09:48] {nemo} spy at pivot
01[09:49] {Threei} I wouldn't tbell
[09:49] {cipher} out MNST .88 +.66
[09:51] {dino} out cof .14 +.34
[09:54] {dino} 07 red
[09:54] {cipher} out wdc .00 +.10
01[09:54] {Threei} *(US) JAN PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 71.3 V 75.0E
[09:54] {cipher} vrtx l.61
01[09:55] {Threei} FCX half out
[09:57] {cipher} urbn l .55
[09:58] {cipher} out vrtx .74 +.13
[09:58] {ese} L mas .74
[09:59] {ese} I'm confessing..........i'm taking blood enhancing drugs to be able to breath easier to better asses stock performance for profit..........there...........I'm out...........got a call from Oprah the other day to
[10:00] {thomcbell} evening the playing field with Vad
[10:00] {jdetente} ese, are you also missing part of your anatomy??
01[10:01] {Threei} since when vodka doesn't work...
[10:01] {ese} the blood doping consisted of a heavy dose of Belgian "GRIMBERGEN" beer every friday
[10:01] {cipher} out urbn .67 +.12
[10:01] {ese} lol
[10:02] {ese} I might be.........which part are you referring to jd
01[10:02] {Threei} this reminds me... "-Have you heard? British scientists discovered chocolate increases happiness fctor by 24%! --Hmmm... Did they try vodka?"
[10:02] {jdetente} lol...ask Lance
[10:02] {ese} lol
01[10:03] {Threei} die already, FCX
[10:03] {ese} no .....but i've done chocolate ALONG SIDE vodka
[10:03] {cipher} ipgp l.75
[10:03] {ese} it's awesome.........although ...i still preferr wine and chocolate
[10:04] {cipher} expe l..15
[10:04] {ese} daaaaaaaaaaa mas
[10:04] {ese} get up there
[10:05] {thomcbell} nice miss there on lvs vad
01[10:05] {Threei} miss?
01[10:05] {Threei} you wanted .75 long, right?
[10:06] {thomcbell} yup - i am still interested in a long at some point in the name
[10:07] {cipher} out ipgp .12 +.37
[10:07] {thomcbell} nice pattern in nov
[10:07] {thomcbell} but market very wishy washy
01[10:07] {Threei} still looks not ready for reversal to me
[10:08] {thomcbell} long setup lvs 52.47 break if holding 52.39
[10:08] {dino} ggc hl l .00
[10:09] {thomcbell} lv s invalidated immediately
[10:11] {thomcbell} still valid with 52.38 holding
[10:11] {cipher} IPGP L.50
[10:11] {cipher} OUT .60
01[10:12] {Threei} finally lost .20, FCX
[10:12] {cipher} out expe .20 +.05
[10:14] {cipher} rue l .16
[10:17] {thomcbell} lvs looks like a short setup now
[10:17] {dino} ggc stop -.25
[10:18] {cipher} GGC L.66
01[10:19] {Threei} ok, closing FCX here
01[10:19] {Threei} almost 1:2
[10:20] {thomcbell} wow that was a quick 1:2 on the lvs short break
[10:20] {cipher} out ggc.80 +.14
[10:23] {cipher} GGC L .52
[10:24] {nemo} does that stock trade...sheesh
01[10:25] {Threei} Short Setup: SLW .30 break
[10:25] {nemo} if it doesn't trigger look to short .45 area
[10:26] {cipher} out GGC .69 +.17
[10:28] {thomcbell} wow fb
[10:29] {dptl} slw stop .37?
[10:29] {dino} mnst hl l .45
01[10:30] {Threei} yeah
01[10:35] {Threei} slow market this morning
01[10:35] {Threei} canadian dollar hit hard
01[10:35] {Threei} (thank goodness)
01[10:35] {Threei} not sure I see why
[10:38] {dino} mnst stop -.30
[10:40] {dino} clc hl l .34
[10:46] {cipher} MNST L .66
[10:47] {dino} ntct hl l .94
[10:50] {thomcbell} long setup lvs 52.12 break if holding 52
[10:50] {thomcbell} target is 1:2
01[10:57] {Threei} IF SPY LOSES LOW, I'D HAVE NO PROBLEM SHORTING LVS 52 BREAK
01[10:57] {Threei} oops, sorry caps
[10:58] {thomcbell} i thought you were getting adamant with me
[10:59] {thomcbell} admonishing
[11:00] {nemo} actually thom, he just sent me your address
[11:03] {dptl} slw stuck
[11:04] {cipher} klac l .53
[11:08] {thomcbell} oof
[11:10] {thomcbell} im cutting this lvs in half at 52.09
[11:10] {dino} cof hl l .70
[11:10] {thomcbell} -.03
[11:13] {dptl} out flat slw
[11:14] {thomcbell} flat lvs
[11:14] {thomcbell} too random
01[11:14] {Threei} ok SLW, he is out. Let's drop now
[11:15] {thomcbell} big cup forming on fb on the other hand
[11:19] {dino} jcp spike
[11:20] {cipher} jcp s. 62
[11:21] {cipher} cov .37 thx dino
[11:21] {nemo} whr
[11:21] {nemo} sorry
[11:30] {dino} np gj
[11:45] {dino} clc to .04
[11:45] {dino} out clc +.70
[11:52] {dino} cof stop -.22
01[11:54] {Threei} SLW half out
06[11:55] * Threei is slanting at dp
[11:55] {dptl} :)
[12:02] {dino} tgi spike
[12:02] {dino} hl s .20 ave
[12:05] {nemo} 69.40 is 50% on tgi
[12:08] {dino} ty
[12:09] {dptl} vlo .40 short?
01[12:09] {Threei} yes
[12:10] {goryl} u taking it vad
01[12:10] {Threei} yes
[12:13] {nemo} if that triggers might as well try riding it to the whole
[12:23] {dino} cof hl l .45
[12:25] {Will49} Aloha
01[12:25] {Threei} hey will!
[12:25] {nemo} Ahole
01[12:25] {Threei} how does it go?
[12:26] {Will49} awesome
[12:26] {dino} cool
01[12:26] {Threei} careful with sharks, will ya
[12:26] {dino} out ntct flat
[12:27] {Will49} Yah, will do....Just checking in to keep my IRC settings current
01[12:27] {Threei} :)
[12:29] {dino} tgi trades odd, bstop is .96
[12:30] {dino} cov +.24
[12:41] {dino} out cof .85, +.40
[12:44] {dptl} jcp .70 long?
[12:45] {dptl} or .60 sh?
01[12:46] {Threei} not sure
[12:49] {dino} tess drop
[13:02] {thomcbell} im long small nov at 72.21 looking for high of day
[13:02] {dino} ntct hl l .55
[13:04] {dptl} half out jcp.82 went for .70 break
[13:06] {dptl} out all
[13:08] {dptl} got to leave early....have a good weekend all see ya monday
01[13:08] {Threei} tuesday
[13:08] {dptl} is it?
[13:09] {dptl} long weekend?
[13:09] {dino} ntct stop -.12
[13:09] {dino} opps -.17
01[13:09] {Threei} yes
[13:10] {dptl} oh Martin Luther... i see ...tuesday then, have a good one
[13:12] {thomcbell} ge looks like a long break
01[13:12] {Threei} tempting
[13:15] {thomcbell} long it playing by the book - scalping rules
[13:15] {thomcbell} lot of wood to chop here at 22
[13:16] {thomcbell} and thru
[13:23] {thomcbell} fb getting a bit emotional now
[13:51] {thomcbell} selling half nov 72.46
[13:52] {thomcbell} did a bit better because i typed that
[13:52] {thomcbell} lol
01[14:05] {Threei} lol
[14:05] {thomcbell} looks like a long setup there on fb 29.58 break if holding 29.50 Vad?
[14:05] {thomcbell} daily chart scares me a bit
[14:06] {thomcbell} scaling out of rest of nov
01[14:25] {Threei} not really delighted by long idea on FB
[14:36] {thomcbell} si
[14:36] {thomcbell} and you be right
[14:39] {nemo} no selling pressure at all
[14:40] {thomcbell} no
01[14:40] {Threei} jusr drifting everywhere, no pressure either way
01[14:40] {Threei} no one wants to commit before the long weekend
[14:40] {nemo} finnies haven't got to their pivot yet, we should probably dirft higher into the end of the day
[14:40] {nemo} already committed, look at the vix
[14:41] {nemo} nobody is worried, everybody is long
[14:41] {jdetente} that's scary
[14:41] {nemo} we'll likely gap up on Tuesday
01[14:41] {Threei} debt ceiling circus will shake them back into reality
[14:42] {nemo} if they don't today they'll have to see if they can test above yesterday's highs
[14:42] {nemo} no, that's kabuki theatre
[14:46] {nemo} Republicans have to cave on that
[14:46] {nemo} they're like puppy dogs running around with their tails between their legs
01[14:47] {Threei} because they have no guts to say enough
[14:47] {nemo} their a minority that can't do anything
01[14:47] {Threei} not true
[14:48] {dino} w/o the house, nothing passes
01[14:48] {Threei} they still have an option not to sign off yet anohter spending bout
01[14:48] {Threei} they don't have guts to do it
[14:48] {nemo} they can't win the politics on that one
01[14:48] {Threei} "ah, we will be lamed for this and that"
01[14:48] {Threei} guess what - they'll be blamed in any case
01[14:49] {Threei} so might just take a stand and do something good for the country while taking blame anyway
[14:49] {nemo} nah....always lose the shutdown battle, politically they should let the democrats do what they want
01[14:49] {Threei} they will lose politics if they put a stop to spending, and they will lose politics if they don't
[14:49] {nemo} and just put it in their laps
01[14:50] {Threei} they did it already over last 4 years, many times
01[14:50] {Threei} look where it got thenm
[14:50] {nemo} yeah, and when they make a stand, they get killed
01[14:50] {Threei} not only they lost presidential elections and decreased their numbers in both senate and house,
01[14:51] {Threei} but for the first time in last 3 years poll shows more trust dems on economy
01[14:51] {Threei} it goes like this, next midterm they'll lose house
01[14:52] {Threei} isn't it obvious that they lose PR battle?
[14:53] {jdetente} The Repubs cannot win the PR game...ever
01[14:53] {Threei} nope... almost by definition
[14:53] {jdetente} they never have...even when Reagan and the Bushes were in power...the next generation was ready to take them out and put in a Democrat
[14:54] {nemo} it's simple, we're becoming Europe
01[14:54] {Threei} but still, if you look at state level, governor and houses, you see pragmatism taking root in many states
[14:54] {dino} unfortunately nemo
[14:54] {jdetente} when I was in university all of my professors and classmates talked about how much better Europe was/is
[14:55] {jdetente} from a very young age that was the "PR" game
01[14:55] {Threei} no doubt... capises are wasp nest of lefties
01[14:55] {Threei} campuses
[14:55] {nemo} detente where are you?
[14:55] {jdetente} and if you don't tow the line, you're a hater
[14:55] {jdetente} I'm in California. Los Angeles area
[14:56] {nemo} ahhh...California universities...hehehe. Watch Indoctrinate U on Youtube
[14:56] {jdetente} I'll check it out
[14:58] {jdetente} are you aware of the Chicano student group called Mecha?
[14:58] {nemo} I know about La Raza
[14:59] {jdetente} They are big here. This one of their aims: ‘As Chicanas and Chicanos of Aztlán, we are a nationalist movement of Indigenous Gente that lay claim to the land that is ours by birthright. As a nationalist movement we seek to free our people from the exploitation of an oppressive society that occupies our land. Thus, the principle of nationalism serves to preserv
[14:59] {jdetente} preserve the cultural traditions of La Familia de La Raza and promotes our identity as a Chicana/Chicano Gente.’
[15:06] {nemo} Hey, doesn't Egypt still owe the Jews for enslaving them during Pharoahs time?
[15:06] {jdetente} lol
[15:07] {nemo} To paraphrase the little corporal, the more I learn about people the more I like bunny
[15:08] {nemo} Hey Dino, who wins Pats or Ravens? Falcons or 9ers?
[15:09] {thomcbell} Pats and 49ers win
[15:09] {thomcbell} good superbowl
[15:09] {dino} pats and 49ers
[15:09] {nemo} Then the 49ers kill them in the Superbowl
[15:09] {nemo} unless Belichick has one of his Darth Vader Game plans
[15:10] {dino} pats d cannot stop him
[15:10] {nemo} nope, and no Gronk this time either
[15:10] {nemo} although, Pats CB Talib was injured last 9ers game
[15:11] {nemo} he's best cover guy they have
[15:13] {nemo} not sure I've ever seen anybody run an offense quite like Brady
[15:16] {dino} brady one of the best for sure
[15:16] {jdetente} Seattle Niners would've been such a better game than the Falcons
[15:16] {nemo} yeah definitely in the conversation
[15:17] {jdetente} The Niners will kill the Falcons
01[15:18] {Threei} what was that on PPG
[15:18] {nemo} Points Per Game
[15:18] {nemo} fat finger
01[15:18] {Threei} (US) White House Spokesman Carney: Administration is encouraged by Republican debt limit proposals, emphasizes that the House must pass a clean debt ceiling increase that is free of conditions***Note that the statement makes no mention of length of debt limit increase, but it does not express opposition to short-term one. Also note that the proposed Republican House bill would obligate the Senate to pass a budget, which may not make it 'clean'
[15:19] {dino} lol free of conditions. why, because obummer says so
01[15:19] {Threei} (US) Senate Majority Leader Reid (D-NV): If the House can pass a clean debt ceiling increase bill, the Senate would be happy to consider it***Note that clean likely means "without conditions," while the House bill will obligate the Senate to lower spending levels
01[15:20] {Threei} (US) House Speaker Boehner (R-OH): Govt needs to pass a budget before the debt limit is increased, House will obligate the Senate to lower spending levels- Notes that there should be no long term debt limit increase before the Senate passes a budget - Separate reports suggest the House will pass a three-month increase in the debt limit to April 15th. Will require a budget to be passed or Congressional pay will be withheld - House Majority Leader Cantor (R-VA): The House will vote next week on a three-month extension of the debt ceiling **Reminder: On Jan 17th, Rep Ryan said the House GOP was discussing the possibility of a short-term debt limit extension. During the debt ceiling negotiations last August, the Obama Administration repeatedly rejected any short-term extensions of the debt limit.
[15:27] {thomcbell} GE 1:1
01[15:28] {Threei} yep, took a good while but made it
[15:28] {thomcbell} bored to tears
[15:31] {jdetente} alright everyone. That's a day for me. Have a good weekend.
[15:31] {jdetente} Canadians please login Monday morning
01[15:31] {Threei} have a good one, jd
[15:33] {nemo} yeah, big gap up on Tuesday,
[15:33] {nemo} vixx at lows for the day, people going long over the weekend
[15:35] {nemo} finnies hit pivot
[15:35] {nemo} that might be it
[15:37] {nemo} iwm hit r1, now we'll see if spy goes for the highs
[15:37] {nemo} they're at R1 also
01[15:45] {Threei} ok guys, this day really bored me to death
01[15:45] {Threei} let's have long weekend
01[15:45] {Threei} and come back rested on Teusday
01[15:45] {Threei} have a good one, OK?
[15:45] {dino} take care 3i
