Friday, February 1, 2013

Feb 1 2013

Perfect reversal setup, nice and easy 1:3 trade (that proceeded to above 1:4):



Other than that, perfect end to a great week. 5 winning days out of 5, all are nicely padded.


Session Time: Fri Feb 01 00:00:00 2013
[08:50] {patel} GM
[08:51] {nemo} I hate pleasantries....so superficial
[08:52] {nemo} aw c'mon...bite
01[08:52] {Threei}  patel :)
[08:55] {thomcbell} yo guys
01[08:55] {Threei}  tbell :)
[08:55] {thomcbell} weird bounce in tlt
[09:00] {dino} gm
01[09:00] {Threei}  dino :)
[09:12] {scottie} good morning
01[09:14] {Threei}  scottie :)
[09:18] {ese} morning
01[09:18] {Threei}  ese :)
[09:18] {nemo} I wish the Kardashians would die in a plane crash
01[09:20] {Threei}  traditional act of Fri morning kindness, eh?
[09:20] {nemo} nah...I figure it would be a gift to the world
01[09:21] {Threei}  I wouldn't know about their existence if not for such reminders as yours... so I don't care
[09:21] {ese} who are the Kardashians...........is she the movie star
01[09:21] {Threei}  still not quite sure who they are
01[09:21] {Threei}  vague word "socialite" doesn't tell me much
[09:21] {nemo} no reality celebrities...daughters of the late lawyer who defended OJ and the stepdaughters of Bruce Jenner
[09:23] {jdetente} gm!
01[09:23] {Threei}  jd :)
[09:24] {_bbobr} gm
01[09:24] {Threei}  bbobr :)
[09:26] {dptl} gm
01[09:26] {Threei}  dp :)
01[09:26] {Threei}  well... big gap up
01[09:27] {Threei}  let's be double careful, not our environment
[09:28] {ese} anyone got a feel for rimm today.........was a good trade yesterday
[09:28] {ese} i'm thinkin up
[09:29] {ese} speaking of OJ.........he's out isn't he
01[09:31] {Threei} Short Setup: FB  .90 break
01[09:31] {Threei}  If holds  31
[09:31] {nemo} mrk
01[09:32] {Threei}  target 1:2
[09:33] {ese} L vlo .30
[09:33] {ese} don't try this at home
[09:33] {ese} sm
01[09:33] {Threei}  1:1
01[09:34] {Threei}  1:2, out
01[09:34] {Threei}  nice and easy
[09:34] {nemo} NOV tanking
01[09:35] {Threei} Long Setup:  RIMM  .30 break
01[09:35] {Threei}  ugh, late
01[09:35] {Threei}  in
01[09:35] {Threei}  stop under .25
01[09:36] {Threei}  no go
[09:37] {nemo} nov
[09:37] {nemo} sorry
01[09:38] {Threei}  wow FB
[09:38] {nemo} pivot .39
01[09:38] {Threei} Short Setup: CAT  99 break hl
[09:38] {dino} mdvn sm s .95
01[09:38] {Threei}  If holds  .10
[09:38] {ese} L vlo .10 avg .20
01[09:39] {Threei}  bounced from .41 nemo... 2 cents precision
01[09:39] {Threei}  Invalidated  CAT
[09:40] {nemo} look for fb db at .40ish, with tight stop
[09:42] {dino} cov mdvn .55, +.40
[09:45] {dino} emn spike
01[09:48] {Threei} Long Setup:  MPK  .60 break hl
01[09:48] {Threei}  If holds  .50
[09:49] {patel} mpk
[09:49] {patel} was it MRK
01[09:49] {Threei}  crap
01[09:49] {Threei}  MRK
01[09:49] {Threei}  sorry
01[09:50] {Threei}  back to trigger, same setup now
01[09:50] {Threei}  still valid
[09:51] {dino} partial s emn .60
01[09:53] {Threei} Long Setup:  FB  .20 break
01[09:53] {Threei}  If holds  .10
[09:53] {nemo} fb
01[09:54] {Threei}  MRK target 1:3
[09:54] {dino} emn stop -.17
[09:54] {ese} vlo....wants higher......but.....the.....market (feel me wince here)........won't .....let.......it......do...........iiiiiiiiiiiiiitttttttttt!
01[09:54] {Threei}  *(US) JAN FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 73.8 V 71.5E
[09:54] {ese} nice.......thats should do it
01[09:54] {Threei}  no go FB
01[09:55] {Threei}  wow, a lot of weakness in it
[09:55] {nemo} looks like it will test 29.50ish
01[09:55] {Threei}  1:1 MRK
[09:55] {scottie} +.10 tks Vad
01[09:55] {Threei}  half out .74
01[09:56] {Threei}  yw
01[09:57] {Threei}  1:2
[09:59] {dino} emn rinsed
[09:59] {nemo} numbers
01[09:59] {Threei}  1:3, out
[09:59] {patel} nice. :) :) :)
[09:59] {jdetente} great trade
01[09:59] {Threei}  *(US) JAN ISM MANUFACTURING: 53.1 V 50.6E; PRICES PAID: V 56.0E
01[10:00] {Threei}  *(US) DEC CONSTRUCTION SPENDING M/M: 0.9% V 0.6%E
[10:00] {nemo} now let's see what happens
[10:00] {nemo} market not that excited so far
01[10:00] {Threei}  I'll tell you... Obama will come out and point out economuc recovery
[10:01] {ese} now now vad.....you know how this gets your blood pressure up.......breath deep and concentrate on the couple of thou you make each day..........
01[10:01] {Threei}  MRK even 1:4 but heck
01[10:01] {Threei}  me ese? I am cool like cucumber
[10:01] {ese} realease and let go
01[10:02] {Threei}  it's optimists whio think bought recovery can work get all hot under the collar
[10:02] {ese} foooooossssssshhhhhhh!!!!!! let that air go.........
01[10:03] {Threei}  nailing the reversal on MRK, state of art
01[10:03] {Threei}  look at daily
01[10:03] {Threei}  .51 low
[10:03] {nemo} yeah, buy .50ish
01[10:04] {Threei}  btw, you know what's nemo answer when he is hesitant?
01[10:04] {Threei}  "let me drink about it"
[10:04] {nemo} nice one
01[10:04] {Threei}  thought you'd like :)
[10:04] {nemo} thanks for the reminder
[10:05] {ese} L vlo avg .25
[10:05] {ese} ok going dn .05 is not an option now
[10:07] {thomcbell} gld gdx under pressure
[10:07] {ese} stop at .21
[10:07] {thomcbell} slw looks vulnerable
01[10:08] {Threei}  last time DOW was at this level was Oct 2007
[10:09] {ese} pretty close to when I met you
[10:09] {ese} at the university of Victoria
01[10:09] {Threei}  wow, really
[10:10] {ese} indeed
[10:10] {ese} at the bus stop.......and you autographed your bookd for me
[10:10] {nemo} Yeah...Vad calls that his Waterloo
01[10:10] {Threei}  lol
[10:11] {ese} but knowing what I know now...........
[10:11] {ese} the glass AK47 filled with vodka would have been a nice signing bonus
[10:12] {ese} as a welcome to the board
[10:12] {ese} I think you should implement that strategy vad
01[10:12] {Threei}  that came about later, when I met dp
[10:12] {patel} are most of the ppl in here from canada?
[10:13] {ese} no
[10:13] {nemo} Think we could slip a real AK in the next time you try to get Ese to drink from it?
01[10:13] {Threei}  US, patel
[10:13] {ese} are from a canuk patel
[10:13] {patel} canuk???
[10:13] {ese} the crazy ones are from Canada
[10:14] {ese} oops......not true
[10:14] {ese} forgot about nemo
[10:14] {ese} he's worse
[10:14] {nemo} I prefer eccentric
[10:14] {ese} ahhhhhhhhhh
[10:14] {ese} nice
[10:15] {nemo} swn
01[10:16] {Threei}  visual: http://goo.gl/EhirW
[10:16] {dino} mn hl s .27 stop hod
[10:18] {ese} gotta love them 1 to 3's
[10:18] {nemo} ehhh
[10:18] {nemo} crissakes, no JD, I'll have to drink wine
[10:18] {nemo} btw long swn .80
[10:18] {_bbobr} Vad, can u please tell your strategy and set-up for that amazing MRK trade
[10:18] {ese} da plane boss da plane ....i mean chart boss da chart
01[10:19] {Threei}  hmmm...
01[10:19] {Threei}  I can but that'd take quite a lot of time...
[10:19] {ese} uncharted territory with vlo here............
[10:20] {nemo} don't tell him about the chicken entrails Vad
[10:20] {ese} lol
01[10:20] {Threei}  see, this is not a creative thinking where I'd analyze every new chart separately
01[10:20] {Threei}  it's badsed on a trading system which includes, aside of all the underlyings, a set of standardized setups
01[10:20] {Threei}  based
01[10:21] {Threei}  which are kind of cooking recipes, listing elemenst and how to put them together
01[10:22] {Threei}  I would have to describe whole system, setup, it's elements etc, to answer your seemingly simple question
01[10:22] {Threei}  it's = its
01[10:22] {Threei}  will it help much if I say:
[10:23] {dino} just say "gut"
01[10:23] {Threei}  reversal setup where capitulation is marked by doji?
[10:23] {nemo} GS moving up the charts
01[10:23] {Threei}  I guess not, this is compressed description of a few concepts
01[10:24] {Threei}  even this course where I pyut it all together is a shortcut, greatly simplifying the system: http://www.realitytrader.com/111trades.html
[10:25] {_bbobr} I did not see any support level there. So u based just on doji candle ?
01[10:26] {Threei}  see what I mean? :)
01[10:26] {Threei}  of course not
[10:26] {nemo} oh oh
01[10:26] {Threei}  doji is one of the elements helping with timing
[10:26] {cipher} cnqr l.64
[10:27] {_bbobr} Thank you, spasibo !
[10:27] {dino} 07 red
01[10:28] {Threei}  np... sorry if it's not a satisfactory answer but it woul;d be bastardization of the process to try and answer it in a framework of the trading room exchange
[10:28] {_bbobr} Of course .
[10:28] {cipher} out cnqr .70 +.06
[10:29] {ese} capitulation is exhaustion sellin bb...........no more sellers=buyers or short covers.........
01[10:29] {Threei}  it's much easier when one is familiar with the basics of our system
01[10:29] {Threei}  then I can answer refering to it
[10:29] {cipher} cnqr l.36
[10:29] {cipher} out .54
01[10:30] {Threei}  for instance nemo, after second bottle of vodka, asks me A"what setup did you see there?"
01[10:30] {Threei}  and I answer "BMR"
01[10:30] {Threei}  and he pretends he understood and nods
[10:30] {_bbobr} Are u watching level 2 ?
[10:30] {ese} yes
01[10:31] {Threei}  yes, and T&S,
[10:31] {ese} you have to see sales and volume
01[10:31] {Threei}  but they are not directional tools, they are timing tools
01[10:31] {Threei}  chart determines setup,
01[10:31] {Threei}  Lebel 2 and T&S help evaluate risk and time the entry
[10:32] {cipher} brli l .16
[10:34] {cipher} CHTR L .75
[10:35] {cipher} out .98
[10:36] {ese} if vlo breaks through .40.....skys the limit
[10:36] {dptl} fast .30 long?
[10:37] {scottie} DELL l .80 if holds .70 ?
01[10:37] {Threei}  FAST, not liking it
01[10:38] {Threei}  DELL, chart is right but it's a heavy slow trader
01[10:38] {Threei}  don't count on much or fast
[10:38] {scottie} tks
[10:39] {dptl} cnx .80 sh?
[10:39] {scottie} should've
01[10:39] {Threei}  wow, DELL proves me wrong
[10:40] {cipher} dell +.09 thx scottie
01[10:40] {Threei}  that was quite fast move
[10:40] {ese} hmmmmmmmm....ok......maybe i should have played vlo for the 2X .40cent moves instead of the buy in avg way i've done it..........taking too long to pay off for my liking
[10:40] {cipher} not too shabby for a slow mover
01[10:40] {Threei}  not at all
[10:40] {scottie} yw cipher
[10:41] {dptl} btu .90 sh?
[10:42] {nemo} fcx interesting here if not for this gap up
[10:42] {dptl} in stop .96
[10:42] {nemo} v
[10:43] {nemo} sorry
[10:43] {nemo} is it too early to STOP drinking
[10:43] {ese} hey bb........ya still there.........?
[10:43] {_bbobr} yes
[10:45] {ese} feel free to ask any of us questions at any time....thats how I learned......follow dino for the stragegy that vad had just outlined...........the man borders on genius with that one.......not to mention he's got more guts than Patton
01[10:45] {Threei}  just remember that dino's plays are much more risky than our standard ones
01[10:45] {Threei}  they are to be done on less shares and wider stops
[10:46] {ese} aside from the fact he lives in the Philly area i think.......but nobodys perfect
[10:46] {nemo} valium, and beta blockers help
[10:46] {dino} bb, do not follow me
[10:46] {ese} rotflol
[10:46] {dino} lol ese, n/e of scranton
[10:47] {nemo} dino is kinda' like that powder hound that goes where the ski patrol doesn't
[10:47] {ese} thats Ohio right...........hmmmmmmm ok well thats worse
[10:47] {cipher} ot brli .20 +.04
[10:47] {dino} pennsylvania ese, northeast corner, near delaware
[10:47] {dino} river
[10:48] {nemo} 3mile island territory
[10:48] {_bbobr} more risky is fine, if it's making more at the end of the day ....
[10:48] {dino} north of that
[10:48] {ese} bb......rotflol (rolling on the floor laughing out loud)
[10:48] {ese} ok ...well then slightly better..........near pittsburg
[10:49] {nemo} wtf got into you this morning ese
[10:49] {ese} well and as we speak..............VLO!!!!!!!!!!!!!!!! DO IT!!!!!!!!!!!!!!
[10:49] {ese} lol
[10:49] {_bbobr}  I'm around the corner fro there
[10:50] {dino} where yo from bbobr?
[10:50] {jdetente} my brother lives in Pittsburgh...aside from the Steelers fans he loves it lol
[10:50] {ese} uncharted territory............with alot of shares............the feeling of freedom
[10:50] {nemo} mmmfcx arguably short here
[10:50] {nemo} just not sign of much movement
[10:50] {_bbobr} big  apple
[10:51] {ese} i love you already
[10:51] {nemo} oh sheesh
[10:51] {_bbobr} ha
[10:51] {ese} one of my most favorite cities on the planet
[10:52] {nemo} vvus
[10:52] {ese} Copenhagen/Rome/New York
[10:52] {nemo} sorry
[10:52] {nemo} I prefer Florence to Rome
[10:52] {_bbobr} same here
[10:52] {ese} and of course Sanichton...........
[10:52] {ese} were vad lives
01[10:53] {Threei}  no one loves Zhmerinka or Khazapetovka...
[10:53] {ese} hmmmmmmm............ok.........i gonna have to agree with you there nemo
[10:53] {nemo} how about Chelabynsk
[10:53] {ese} huh
[10:54] {cipher} idxx l .70
[10:55] {_bbobr} Sounds like back to USSR  !    LOL
[10:55] {nemo} ua .62
01[10:55] {Threei}  :)
[10:56] {nemo} partial .79
[10:56] {nemo} looking for the whole
[10:56] {nemo} or the w(hole)
[10:56] {nemo} oh, I'm so bored
[10:56] {nemo} think I'll see if I can get bunny to come out and play
[10:56] {ese} then folow vlo and cheer from the sidelines
[10:57] {ese} i smell money here
[10:57] {dptl} stopped btu
01[10:58] {Threei}  Pew Research Poll: 53 % percent have sense of threat and nearly 75% of Americans said they only sometimes or never trust the federal government to do the right thing.... the FIRST TIME MAJORITY of respondents have described " the US government as a threat against their freedoms since Pew began polling on the question in 1995."
01[10:59] {Threei}  but these same people voted in the biggest threat to their freedoms
01[10:59] {Threei}  go figure
[10:59] {cipher} brli l.51
[11:00] {ese} fooooooooooooossssssshhhhhhhhh!!!!!!!.............let that air out slowly vad..............blood pressure now.....keeep it low
[11:00] {cipher} out idxx .00 +.30
01[11:01] {Threei}  you misreasd my irony and sarcasm for something else, ese
[11:01] {ese} next hurdle........vlo gets by .50........traders should pust it to 45.00
[11:01] {ese} push
[11:02] {ese} i sound like a maternity doctor
[11:02] {ese} I love your sarcasm vad.........
[11:02] {ese} it's cutting and to the point ........as it should be
01[11:03] {Threei}  nah, you sound like a unionized guy surrounded by left-wing folks clouding your thinking with their touchy-feely stuff, dcenying gravity and basic math :)
01[11:04] {Threei}  you know... folks who think you can tax and borrow your way to prosperity
[11:04] {ese} lol
01[11:05] {Threei}  have you seen their explanation for the negative GDP numbers earliwr this week?
[11:05] {nemo} I get a kick out of it...left wants to raise taxes in US.  Well, Europe is significantly more taxed, and they're going broke too...how's that working
[11:05] {ese} take a look at the vlo 1 min chart for me........what do you make of it
[11:05] {dptl} aig .80 sh?
01[11:05] {Threei}  same as you... .40 break was good, 50 will be even better
[11:05] {nemo} not sure finnies ready to come in yet
01[11:06] {Threei}  AIG, no read
[11:06] {ese} tks
01[11:06] {Threei}  they find explanations to everything, nemo
[11:06] {dino} i'm w/ya nemo.
01[11:06] {Threei}  it's GOP that led to contraction
01[11:07] {Threei}  it's bad banks and US that caused troubles in EU
[11:07] {ese} agreed
01[11:07] {Threei}  it's anything and anyone but their idiotic policies
[11:07] {_bbobr} ese, you trade on 1 min chart ?
[11:07] {ese} yes
[11:07] {dino} 4 years of obummer, unemployment 7.9%, ouch!
01[11:08] {Threei}  7.9 - even that is only thanks to trick math
[11:08] {dino} agreed, more like 15%
[11:08] {scottie} DRI l 47 if holds .95 ?
[11:08] {nemo} Well, contraction was aided by reduced spending, but the problem is the spending is deficit funded
[11:08] {ese} vads systems are all based on 1 min/ daily for bigger picture
[11:08] {nemo} and you can only do that for so long
[11:08] {nemo} and how long is the rub
01[11:08] {Threei}  DRI, yes
01[11:08] {Threei}  if you can get it when breaks
[11:09] {nemo} because as the debt builds, the debt service cost rises
[11:09] {nemo} and if interest rates ever go up
01[11:09] {Threei}  nemo... but here is the kicker:
[11:09] {nemo} Then again at some level of debt, your creditors say...WTF!
[11:09] {nemo} Then the US goes in and blows them up
[11:09] {ese} bb..........this vlo pattern i'm looking at last 15min......is a classic in vads book
01[11:09] {Threei}  even with that deficit spending and QE to the tune of 85B a month, they got GDP conctraction
[11:10] {nemo} yep
[11:10] {ese} mainling at .50 the way it is
[11:10] {scottie} missed it
[11:10] {dino} yeah, pushing on a string
[11:10] {dptl} same
[11:10] {nemo} unfortunately, it violates the reversion principle, you can only expand artificially for so long, and then the system pushes back
01[11:10] {Threei}  this tells me that the scenario that eventually unfolds is likely to be different from what most doomsayrs describe
[11:11] {nemo} yeah, nobody knows for sure
[11:11] {ese} if the S&P spyders break up....or futures for that matter......like now....skys the limit
01[11:11] {Threei}  thought you would guys, this is typical stock that is almost impossible to get on a break
[11:11] {ese} target for me is 45.00
[11:11] {dino} of course, 3 years of unemployment benefits doesn't encourage people to get back to work
01[11:11] {Threei}  the only way to play it is to put in your .02 entry and hope it picks you up on pullback
01[11:12] {Threei}  so, scenario... most of doom-and-gloomers talk about hyperinflation
01[11:12] {Threei}  I start suspecting this is not what is going to happen
01[11:13] {Threei}  more likely scenario, to me, looks like Fed losing control, rates spiking, dollar rising in a rocket-like manner, and huge deflation hitting
[11:13] {nemo} better start, oiling magazines
01[11:14] {Threei}  gold bugs will be crushed under this scenario
[11:14] {dino} they will try to avoid deflation no matter what. deflation means they've lost control
[11:14] {nemo} see where those guys used a 3D printer to create a functional 30 round M4 mag.?
[11:14] {nemo} Deflation means banks go bust
01[11:14] {Threei}  exactly dino, and I believe this become more likely scenario
[11:15] {dino} hope not, but time will tell
[11:15] {nemo} 148 is R4 on FAS
01[11:15] {Threei}  yeah, too many moving parts to be confident in any of possible scenarios
[11:19] {dptl} slw .45 sh?
01[11:20] {Threei}  only as aggressive for .40
[11:21] {dptl} with .50 stop?
[11:21] {patel} nice call on DRI scottie
01[11:21] {Threei}  yup
[11:21] {patel} gave u 1:3
[11:22] {ese} superbowl this weekend?  not sure but i think i saw something that said the opposing coaches were brothers....first time in history.......cool scenario
[11:22] {nemo} spxu a good risk here
[11:22] {nemo} or spy short
[11:23] {dino} yes ese
[11:24] {ese} sunday dinner at mom and dads must be a hoot
01[11:25] {Threei}  nothing compared to if they both brought their gay lovers
[11:25] {nemo} one of them was a QB for the Colts
[11:25] {nemo} we're really bored today aren't we
[11:26] {dino} chtr drop
[11:26] {cipher} brli stopped .35 -.16
[11:26] {dptl} cnx .70 sh?
[11:27] {ese} lol
01[11:27] {Threei}  CNX yes
[11:38] {cipher} chtr l .07
[11:39] {dptl} out half .61
[11:41] {jdetente} in this VLO trade with you ese.
[11:41] {jdetente} looking good
[11:42] {ese} welcome
[11:42] {ese} yup
[11:42] {jdetente} nice call indeed
01[11:42] {Threei}  CNX works
[11:42] {jdetente} also good out half
[11:43] {ese} there ain't nothing stopping this one........upgrade by major institution price target 60
01[11:43] {Threei}  bbobr... notice, all calls and questions about various stocks in the room are not random - they aim for those same setups we usually play
[11:43] {ese} probably a whole lot of shorts just freaking right now
[11:44] {_bbobr} I see
01[11:45] {Threei}  if you scroll through our FB page, you'll see many of examples posted
[11:45] {ese} just checked the nas website jd.........days to cover is 2 for shorting......but that was on the 15th........wonder how many are left
[11:46] {jdetente} CNX stopped on trail
[11:46] {dptl} ouy cnx
[11:46] {_bbobr} FB page ?
01[11:46] {Threei}  http://www.facebook.com/RealityTrader
[11:48] {jdetente} ese what kind of target are you going to take on VLO?
[11:48] {dptl} stx .75 long?
[11:49] {ese} 45
01[11:49] {Threei}  hl, STX
[11:49] {ese} probably 1/2 out at .75
[11:50] {ese} am up .36 cents now
[11:50] {ese} have moved my stop up to .52
01[11:51] {Threei}  in case you didn't know, ese is a younger cousin of Gordon Gekko, and older cousin taught him "greed is good" when they were kids
01[11:51] {Threei}  will!
[11:51] {Will49} Aloha...checking in
[11:51] {ese} lol
01[11:51] {Threei}  aree you back?
[11:52] {_bbobr} Ha !
01[11:52] {Threei}  enough of that Maui nonsense
01[11:52] {Threei}  cherries are blooming here
[11:52] {ese} ok......i have to admit i am doing that today.......but not much anymore
[11:52] {Will49} be back Sunday and in the saddle on Monday
01[11:52] {Threei}  and snowdrops
01[11:52] {Threei}  OK... safe trip :)
[11:53] {ese} and really i only have 2400shs in this one
01[11:53] {Threei}  and stay away from sharks
[11:53] {Will49} truth be told, i've had enough Maui nonsense too
01[11:53] {Threei}  hehe
[11:53] {Will49} Thanks Vad, see you soon
01[11:53] {Threei}  missing good trading days too
[11:54] {ese} wasn't that the devil we were just speaking about
01[11:54] {Threei}  ugh, I love Maui
01[11:54] {Threei}  love Big Island more but...
[11:56] {dptl} expe 67 long?
01[11:56] {Threei}  hl
01[11:56] {Threei}  yes
[11:58] {dptl} amt .10long?
[11:59] {dptl} half out expe
01[12:00] {Threei}  AMT, no
[12:00] {dptl} ot expe .20
01[12:00] {Threei}  good one
[12:01] {dptl} stx?
01[12:02] {Threei}  yes, but probably smaller scalp only
[12:02] {dptl}  .80 break?
01[12:03] {Threei}  lol... do you really have to ask?
01[12:03] {Threei}  as cookie-cutter as they get
[12:03] {dptl} :)
[12:04] {nemo} finnies are at R4 on the daily, spy is above R3 and IWM has .32 to go
[12:06] {dptl} rht .60 long?
01[12:07] {Threei}  can't tell
01[12:08] {Threei}  US Energy Secretary Steven Chu is resigning from Obama's cabinet, according to a senior administration official
[12:08] {nemo} All the inflows for Mutual funds will be priced at the end of the day...I think everything is held up.  Monday we go down
01[12:08] {Threei}  I'd say one idiot less, but what does it matter, his successor is not likely to be any diferent
01[12:08] {Threei}  for reference, it's that same idiot who proclaimed we need to tax the gas to the level of EU
[12:09] {jdetente} out VLO. thanks ese!
[12:13] {cipher} out chtr .31 +.24
[12:15] {dptl} fast .40 sh?
01[12:16] {Threei}  yup
[12:17] {dptl} stop .45 or .50?
01[12:17] {Threei}  both are valid
[12:24] {dptl} out half .31
[12:25] {dptl} you think stx can be two sided?
[12:25] {dptl} .70 .80?
[12:26] {ese} went to have a shower got stopped out of vlo.......+.21 have a great weekend all.........1st day of semester 2 for classes
[12:26] {ese} cya monday
[12:26] {patel} cya
01[12:27] {Threei}  take care ese
01[12:27] {Threei}  I wouldn't short it, dp
[12:27] {dptl} ok
[12:31] {dptl} sigh missed
[12:31] {cipher} VMW s .10
[12:31] {patel} u get it when it came back dfown to entry
[12:33] {dptl} tou know it jump so fast to break .80 i dont think i like it anymore
[12:33] {patel} yeah
01[12:34] {Threei}  here is an idea dp
01[12:34] {Threei}  bid it at .78
01[12:34] {Threei}  if there is a shakeout and it dives under .80, you'lee get in vheaper and closer to a stop
01[12:35] {Threei}  if not, let it go, no chasing
[12:35] {dptl} yes.......how about gd sh .15?
01[12:35] {Threei}  late
[12:35] {dptl} ah....late
[12:36] {dptl} was waching it all day for set up
01[12:36] {Threei}  really?
01[12:36] {Threei}  man... you have nothing better to do all day?? :)
[12:37] {dptl} lol
[12:37] {dptl} it'll be good one
[12:37] {dptl} ahhh
[12:38] {dino} au hl s .16
[12:42] {dptl} fast stop to .36
[12:45] {cipher} cov vmw .20 -.10
[12:45] {dptl} eqr sh? .12?
01[12:46] {Threei}  .15
[12:46] {dptl} .25 stop?
01[12:47] {Threei}  .20
[12:48] {dino} au no go
[12:49] {nemo} chkp might be getting a lunch time cleanup order here
[12:50] {dptl} in .14
[12:50] {dino} au s .58
[13:11] {dptl} eqr stop to b/e
[13:11] {dino} cov au .26, +.32
[13:15] {dptl} eqr 1:1 out some
01[13:16] {Threei}  s,ow but confident
[13:17] {patel} that thing is a snail.
[13:18] {patel} looks like STX did give a pull back to .78
01[13:18] {Threei}  yes
01[13:18] {Threei}  and shot back up
[13:18] {patel} yup
01[13:18] {Threei}  just as told
01[13:18] {Threei}  anyone took it?
[13:18] {dino} tif drop
[13:21] {dptl} gd .....oh boy oh boy
[13:22] {patel} did u take that?
01[13:22] {Threei}  perfect scenario, playing on the smat money side, catching pullback shaking out weak hands - and no one takes it... I remove myself to a monastery
[13:24] {dptl} i was busy with two other pos
[13:30] {dino} tif sm l .40
[13:31] {dptl} out fast
[13:31] {dptl} eqr stop to .06
[13:38] {dino} tif stop -.25
[13:39] {scottie} was away for a couple of hours, now back
[13:39] {nemo} mmmmhhhh...didn't miss ya'
[13:40] {scottie} I know
01[13:40] {Threei}  those were profitable couple hours, although not too busy
01[13:40] {Threei}  and don't listen to nemo, he cried his eyes out...
[13:40] {scottie} yes I see that
[13:40] {nemo} fish don't cry
01[13:41] {Threei}  he was all like "dude, why, why..."
[13:41] {nemo} gag me with a frickin' spoon
01[13:41] {Threei}  and we were like "dude, chill, he'll be back"
01[13:41] {Threei}  and he was "no, no, he left forever, why, oh why"
[13:42] {dptl} fish dont cry...lol... should not drink either
[13:43] {dino} wtf tif big rinse
[13:43] {scottie} Urban dictionary
[13:43] {scottie} 1. gag me with a spoon
[13:43] {scottie} Exclamation that describes displeasure on the part of the speaker due to something being distasteful or otherwise sickening or displeasurable. From valspeak, so somewhat archaic. Usage these days is considered silly.
01[13:44] {Threei}  silly... that's nemo
[13:44] {scottie} Go to last part
[13:44] {nemo} goes back to Welcome back Kotter
01[13:44] {Threei}  thisd is just training nemo... I am warming up for will's return, just you wait
[13:45] {thomcbell} scottie was that you with the FAST earlier
[13:45] {thomcbell} annoying
[13:45] {scottie} no
01[13:45] {Threei}  I am sure he missed our soldier's humor while on Maui
01[13:45] {Threei}  that was dp, tbell
[13:46] {dptl} yep 1:1 and 1:1.5
01[13:46] {Threei}  and yes, he is annoying {GGG}
01[13:46] {Threei}  gosh... on Fridays my sense of humor hits new lows
[13:47] {dptl} eqr is even more annoying :)
[13:47] {nemo} subterranean even
01[13:47] {Threei}  every Thursday you think I hit the hard bottom, and come Fri- - I prove you wrong
[13:48] {nemo} should fit under that worm's belly any day now
[13:48] {dino} tif bohica'd me, stop then runs a buck up
[13:49] {nemo} ahh, did you look at the pivot levels?
[13:49] {dino} yes played s2
[13:49] {nemo} mmmhhhh...didn't get back in huh?
[13:50] {dino} no, was waiting 63.50
[13:50] {nemo} yeah can see that
[13:55] {_bbobr} Thank you  Vadim and all . Have a good weekend. Going for skiing for few days.Will contact you next week !
[13:55] {scottie} bb
[13:56] {dino} bb
01[13:56] {Threei}  take care bb, have fun
[13:57] {_bbobr} tks
[13:58] {nemo} Hope you join so I can start insulting you
[13:58] {jdetente} yeah it's good times
[13:58] {jdetente} I found out the hard way
[13:58] {nemo} Have I insulted you yet?
01[13:58] {Threei}  hmmm... nemo, you mean you can't insult pweople before joining??
[13:58] {dptl} my god...eqr 1:2 out
[13:58] {dino} don't underestimate him
[13:59] {nemo} I'm taking your feelings into consideration Vad
[13:59] {patel} nice job dptl. Patient pays
01[13:59] {Threei}  thank you, I knew there was some sensitivity left in you
[13:59] {patel} *patience
[13:59] {scottie} gj dp
01[13:59] {Threei}  EQR, nice
[13:59] {jdetente} good job dp
[13:59] {_bbobr} love your room
[13:59] {nemo} Just setting you up
01[13:59] {Threei}  thank you
[13:59] {nemo} Yeah, Vad's great with the decor
01[13:59] {Threei}  what's not to love... profit, jokes
[13:59] {nemo} got a speech impediment though...little lisp
01[13:59] {Threei}  insults
01[14:00] {Threei}  no one feels left out :)
01[14:01] {Threei}  we just need dp to get married, so he doesn't spend all day watching GD
[14:01] {dptl} lol...yeah
[14:01] {nemo} tell him to get a dog
01[14:01] {Threei}  and ese needs to stop advertising my shishkebab
01[14:01] {Threei}  I have a big backyard but still, there are just so many people it can accomodate
[14:06] {patel} I just got some custom made skewers for kabobs.
01[14:06] {Threei}  yup, mine are too
01[14:07] {Threei}  the way they make them here is ridiculous
[14:07] {jdetente} are they diamond encrusted??
[14:07] {jdetente} bringing out the bling, Vad?
01[14:07] {Threei}  lol
01[14:09] {Threei}  standard north american skewer is round
[14:09] {dptl} ye you have to glue meat to it
01[14:09] {Threei}  which means meat will spin when you try to turn it on the fire
01[14:10] {Threei}  skewer should be flat, about 1/3 to half inch wide
[14:10] {patel} I put two eggs in the meat and get a 5 gallon of bucket and fill it up with ice and stick the skewers in there
[14:10] {patel} that way the meat wont fall off
[14:14] {dptl} amt short?
[14:14] {dptl} .80?
01[14:14] {Threei}  yes
01[14:15] {Threei}  hl
[14:17] {dptl} eqr lol
01[14:17] {Threei}  wow EQR
[14:17] {dptl} yep
[14:18] {dino} lll drop
[14:20] {nemo} fb
[14:31] {dptl} where would you put stop Vad amt? if triggers?
01[14:33] {Threei}  .86
[14:33] {dptl} k
[14:36] {jdetente} Calling it a week guys. Everyone have a great weekend!
[14:36] {jdetente} Good trades this week!
[14:36] {scottie} jd
[14:36] {dino} \jd
01[14:37] {Threei}  take care jd, have a great weekend
[14:37] {dino} wonder if he drinks dj
[14:37] {dino} jd
[14:37] {jdetente} for bourbon I will take maker's mark or bulleit!
[14:38] {dino} makers i'm familiar with
[14:38] {jdetente} Just found Bulleit a few month's back. Very tasty
[14:39] {dino} hmm
[14:39] {jdetente} it's kind of in between the super sweet and super harsh bourobns
[14:40] {jdetente} *bourbons
[14:40] {dino} i will try iy sometime
[14:40] {jdetente} on that note. hehe
[14:43] {dino} emn hl s .82
[14:45] {dptl} out some amt 1:1
[14:48] {dino} builders not participating, tol, kbh, hov negative
[14:49] {nemo} they've been on the longest run
[14:49] {dino} doubt its over
[14:51] {dino} mho blood
[14:53] {dptl} 1:2 out amt
[14:53] {patel} nice job dptl
[14:53] {dino} gj
[14:53] {scottie} gj dp
[14:53] {dptl} ty
[14:55] {dino} emn to .62
[14:59] {dino} cov emn .63, +.19
[15:00] {scottie} VVUS l .50 if holds .40 ?
01[15:00] {Threei}  yup
[15:05] {dptl} eqr .50long may be now?
01[15:07] {Threei}  I think so
[15:08] {dptl} i like when you say yes, or yup...lol
[15:09] {scottie} "I think so" sounds like "it's ok for you but I won't take it, lol
[15:10] {dptl} ye its like 50 50 :)
[15:10] {scottie} maybe it will go up or down... or not
01[15:11] {Threei}  rather: plausible kind of marginal setup, not very compelling
01[15:11] {Threei}  add koma after plausible
01[15:11] {Threei}  or komma
01[15:11] {Threei}  or coma
[15:13] {dino} lol
[15:14] {scottie} did you take EQR dp ?
[15:14] {dptl} no :)
[15:15] {scottie} :(
[15:16] {dino} :-
[15:17] {dptl} gd? long somewhere?
[15:19] {dptl} .05 may be with .95 stop?
01[15:19] {Threei}  not sure
[15:21] {dino} hptx sm l .01
[15:24] {scottie} ALKS l 22 if holds .95 ?
[15:26] {dino} out hptx .41, +.40
[15:26] {scottie} good one dino
01[15:26] {Threei}  ALKS, yes
[15:26] {dino} ty
[15:27] {thomcbell} wild day for that one
[15:28] {scottie} in .01
[15:28] {dptl} hmm i didt get it
[15:28] {dino} hptx, tbell? yeah, kinda nuts
[15:34] {scottie} out -.10
[15:35] {dino} pjc spike
[15:38] {dptl} cam .20 sh?
01[15:39] {Threei}  hl
[15:41] {dptl} invalidated
[15:45] {dptl} ok lets not pushing :) have a good weekend all, see ya monday
[15:45] {dino} cya dp
[15:45] {scottie} dp
01[15:45] {Threei}  yeah
01[15:46] {Threei}  let's have a great weekend, we deserved it
[15:46] {patel} have a great weekend
01[15:46] {Threei}  thank you all, get rested
[15:46] {patel} I will see yall week after next
[15:46] {scottie} see you all monday
01[15:46] {Threei}  see you Monday!
[15:47] {dino} bunch of slackers
[15:47] {thomcbell} good weekend all
01[15:48] {Threei}  lol dino
[15:48] {dino} was waiting for that
06[15:48] * dino slaps Threei around a bit with a large trout
[15:48] {dptl} he he :)