Tuesday, February 12, 2013

Feb 12 2013

Interesting day for us - first one in almost 3 weeks where we haven't finished in black. Not unhappy with it though - we started with solidly red morning, and then methodically and carefully clawed our way back in to flat or just very slightly in red. Can't win them all so gotta make sure you handle losing days right - in cold blood, minimizing damage and making sure there is no lasting scars. Tomorrow is a new day. 

Session Time: Tue Feb 12 00:00:00 2013
[08:58] {dino} gm
01[08:58] {Threei}  dino :)
[09:06] {cipher} gm
01[09:07] {Threei}  cipher :)
[09:11] {Will49} gm
01[09:11] {Threei}  will :)
[09:14] {scottie} good morning
01[09:14] {Threei}  scottie :)
[09:14] {jdetente} gm
01[09:15] {Threei}  jd :)
[09:18] {patel} Good Morning!
01[09:18] {Threei}  patel :)
01[09:20] {Threei}  FB tries to recover from overnight hit
[09:29] {dptl} gm
[09:29] {ese} gm
[09:29] {ese} forgot to sign in almost
01[09:30] {Threei}  dp, ese :)
[09:30] {cipher} AMGN L.44
[09:31] {dino} rgr drop
[09:32] {cipher} out amgn .00 +.56
[09:32] {Will49} that's the way to start cipher
[09:33] {cipher} ty
[09:33] {dino} nice
01[09:33] {Threei} Long Setup:  CAT  .90 break hl
01[09:33] {Threei}  If holds  .80 
01[09:34] {Threei}  yeah... good luck ebtering that, lol
[09:34] {dptl} lol..ye no ebter
[09:35] {patel} definitely missed that one. 
01[09:35] {Threei} Short Setup: SLW  36 break
[09:35] {thomcbell} xone wow 
01[09:35] {Threei}  If holds  .10 
01[09:35] {Threei}  not a scalp
01[09:35] {Threei}  at least 1:2
[09:36] {cipher} gmcr l .60
[09:38] {cipher} out  .45 -.15
01[09:38] {Threei}  1:1
01[09:39] {Threei}  play by the book
[09:39] {nemo} 42.25 area for GMCR, doesn't bounce their 41.80-42 area
01[09:39] {Threei}  hopefully morning volatility doesn't shake out second half
[09:39] {nemo} there
01[09:39] {Threei}  there is good potential for it
[09:40] {nemo} finnies weak
01[09:40] {Threei}  OK
01[09:40] {Threei}  keep an eye on LVS for double bottom
[09:42] {dino} rgr hl s .20
01[09:43] {Threei} Short Setup: FB  .85 break
[09:43] {dino} cov rgr .91, +.29
01[09:43] {Threei}  If holds  .95 
01[09:47] {Threei}  LVS, ideally we get a flush to about .65 - .70, and get an entry point on .70 recross
01[09:49] {Threei}  FB, tighten stop to .91
01[09:49] {Threei}  not liking these SPY convulsions
[09:49] {dino} vmw sm l .00
[09:50] {scottie} damn fat finger, exited too soon
[09:51] {dino} cyno sm s .60
[09:52] {dino} cyno stop -.20
[09:53] {dino} rinsed, sob
[09:53] {cipher} wmv +.25 thxx dino
01[09:53] {Threei}  out
01[09:54] {Threei}  LVS bottomed at .71, not giving an entry
[09:54] {dino} out vmw .30, +.30
[09:54] {dino} np cipher, gj
01[09:54] {Threei}  *&(^%$#
[09:55] {jdetente} freakin FB
01[09:55] {Threei}  no kidding
[09:55] {patel} damn
01[09:55] {Threei} Short Setup: LVS  .80 break
01[09:55] {Threei}  If holds  .90 
[10:01] {cipher} WMV s .60
01[10:01] {Threei}  1:1let me reiterate: frikin FB
01[10:01] {Threei}  1:2
01[10:05] {Threei}  no go
[10:05] {dino} qlys sm l .25 gappy
[10:05] {patel} NOG s 14.75 
01[10:06] {Threei} Long Setup:  CAT  .40 break
01[10:06] {Threei}  If holds  .30 
[10:06] {dino} out qlys .55, +.30
[10:07] {cipher} cov wmv .50 +.10
01[10:10] {Threei} Long Setup:  BBRY  .85
01[10:10] {Threei}  If holds  .75 
[10:10] {dino} rgr hl hl s .54 ave
01[10:12] {Threei}  Invalidated  CAT 
01[10:12] {Threei}  for now at least
01[10:12] {Threei}  still liking chart for long
[10:12] {dino} cov rgr .29, +.25
01[10:14] {Threei} Long Setup:  CAT  .30 break
01[10:14] {Threei}  If holds  .20 
01[10:15] {Threei}  BBRY target 1:3
01[10:15] {Threei}  CAT too if triggers
01[10:18] {Threei}  CAT invalidated again
01[10:20] {Threei} Long Setup:  AIG  .90 break
01[10:20] {Threei}  If holds  .80 
01[10:21] {Threei}  somewhat lifeless market today
[10:21] {dino} rnf sm l .94
[10:22] {dino} cone sm l .00
01[10:23] {Threei}  one more invalidation
[10:24] {patel} LVS no go. 
[10:24] {dino} out cone .25, 
[10:24] {patel} rough start to the day. 
[10:24] {dino} +.25
[10:26] {dino} getting out rnf, no likey
[10:27] {dino} out ave .95, +.01
01[10:27] {Threei} Short Setup: CAT  .10 break
01[10:27] {Threei}  If holds  .20 
01[10:28] {Threei}  not liking this morning
[10:28] {jdetente} hell of a morning so far
01[10:28] {Threei}  then again, I liked every morning for the last 2 1/2 weeks... maybe it's just time
[10:31] {cipher} wmw s.88
[10:32] {cipher} cov .78
[10:34] {cipher} vmw s.81
[10:34] {ese} nothing like calmly making money still L akam .41 from yesterday
[10:37] {cipher} cov wmv.71
01[10:38] {Threei} Short Setup: TEX  35 break hl
[10:42] {ese} Dino?......am calling on your experience here....take a look the akam daily for me..huge uncalled for gap dn covering a gap dn and some......what kind of retracement will this do do ya figure.....not looking for anything specific ball park is good based on your experience
[10:43] {ese} back to say 39.......or maybe the whole shootin match 42
01[10:44] {Threei}  half out TEX
[10:44] {cipher} VRSK L.89
[10:47] {dino} ese, akam was a pretty good miss on earnings, theres the gap. but yes eventually it should fill.shoot for r2 36.02 to r3 36.40
[10:48] {ese} tks
[10:48] {Will49} tex scalp .11 txs 
[10:48] {scottie} LTD s .80 ?
01[10:49] {Threei}  can't tell LTD
01[10:49] {Threei}  yw will
[10:49] {cipher} tex +.15 thx
[10:49] {scottie} tks
[10:49] {Will49} bit of a grind todat :)
[10:49] {Will49} today
[10:51] {cipher} PANL  L.99
01[10:54] {Threei}  market should start some slide now
01[10:54] {Threei}  nothing dramatic but
[10:55] {dino} rnf sm l .30 stop .14
[10:55] {nemo} 31.60 support for panl
[10:56] {dino} cyno spikey
[10:57] {ese} vad did you get out to take some photos yesterday.........we were walking along Beach Drive here and there were some cool mist sceens happening
01[10:57] {Threei}  out TEX in full
01[10:57] {Threei}  .83
[10:57] {dino} rnf stopped
[10:58] {dptl} stopped cat
[10:59] {dino} rnf rinsed, happening a lot lately
01[10:59] {Threei}  aww, too soon, TEX
[11:00] {dptl} long spwr .92
[11:01] {dptl} stop under .80
01[11:01] {Threei} Short Setup: GDX  .80 break
[11:05] {thomcbell} fb looking for a short entry 
[11:07] {dino} last try rnf sm l .35
[11:07] {nemo} mpc looks short
[11:07] {dptl} gdx stop .85?
[11:08] {jdetente} why such a tight stop dp?
[11:08] {ese} vad you must be paying me back or have me on ignore......
[11:08] {nemo} looking like 30.80 it was on panl
01[11:09] {Threei}  sorry ese, scrolling up
01[11:09] {Threei}  no, haven't had a chance
[11:09] {ese} no need to appologise........can't count the number of times i've missed your posts
[11:09] {cipher} jbht l .66
01[11:09] {Threei}  why can't? 865 in last year alone, 132 this year
01[11:10] {Threei}  just ask
[11:10] {ese} on purpose of course..............ahhhhh.....I mean by accident
[11:10] {ese} lol
01[11:10] {Threei}  this I don't know, I don't have means to find that out... so I put them all in "on puprose, must be avenged" category
[11:11] {ese} lol
[11:11] {ese} indeed
01[11:11] {Threei}  GDX, give us a few cents more
[11:11] {cipher} out vrsk +.01
[11:12] {ese} awesome C
[11:12] {ese} those are sometimes the best cents you can earn
01[11:12] {Threei}  1:1
[11:12] {ese} 1/100 to 1 profit ratio
01[11:12] {Threei}  lol
01[11:13] {Threei}  out in full GDX
01[11:13] {Threei}  a bit too vertical
[11:13] {patel} nice job
[11:13] {patel} need a few more just like that. 
01[11:13] {Threei}  and want to secure some profit, to smooth out this rough morning
[11:14] {dptl} ye i am out too ty
01[11:14] {Threei}  yw
[11:14] {jdetente} thanks Vad
01[11:14] {Threei}  see ese... and you ignored this one again {G}
[11:15] {dino} out rnf .71, +.36
01[11:15] {Threei}  wtg
01[11:16] {Threei} Long Setup:  JPM  .10 break
01[11:16] {Threei}  If holds  49 
01[11:16] {Threei}  whoa FB
01[11:17] {Threei}  who pulled the rug?
01[11:19] {Threei}  ahha
[11:19] {ese} nah nah nah.......i was watching........
01[11:19] {Threei}  downgrade by soemone
01[11:19] {Threei}  with price target 22
[11:19] {ese} am more concerned with the akam slow climb
[11:20] {ese} making money the old fashion way.......earrrrnnnning it
[11:22] {cipher} out jbht .75 +.09
[11:23] {Will49} ese suggests Vad's way of making money is leading edge :)
01[11:23] {Threei}  lol
01[11:23] {Threei} Short Setup: FB  .80 break
01[11:23] {Threei}  hl
01[11:24] {Threei}  If holds  .90 
01[11:26] {Threei}  Invalidated  
01[11:27] {Threei}  btw ese, speaking of photography, look at this one I just finished: http://goo.gl/iH88d
[11:28] {dptl} spwr stopped....
01[11:28] {Threei}  that was weird trade to begin with dp
01[11:28] {Threei}  didn't like it one bit
01[11:32] {Threei}  ok JPM, time to do something
[11:35] {dino} tytgh drop
[11:35] {dino} tgh
[11:41] {dino} tgh sm l .80
01[11:41] {Threei}  JPM is in uncharted territory, dificult to assign a target
01[11:41] {Threei}  let's try for 1:2 for now
[11:42] {dino} out tgh .20, +.40
[11:44] {dino} wow, sold that too soon
01[11:50] {Threei}  GS moving up
01[11:50] {Threei}  let's see if it pulls our JPM
[11:56] {Will49} trailer hitch broke
01[11:58] {Threei}  got a rope?
[11:58] {ese} good line will
01[11:59] {Threei}  anyway. let's put stop at .04 now
[11:59] {Will49} :)
[11:59] {dino} tgh sm l .90
[12:02] {dino} idcc drop
01[12:05] {Threei}  taking .15 should launch us to 1:1
01[12:05] {Threei}  one of "patience required" trades
[12:06] {dino} idcc sm l .07
[12:06] {dino} tgh stop -.23
[12:09] {dptl} wlt long?
01[12:09] {Threei}  hear that chewing sound?
01[12:09] {Threei}  that's JPM, gnawing at .15
01[12:09] {Threei}  nah WLT
[12:10] {dptl} dont have money anyway just looking
[12:11] {dptl} you dont like that set up?
01[12:11] {Threei}  nope
[12:11] {dptl} that was .90 vbreak..why not?
01[12:12] {Threei}  look at the stock overall
01[12:12] {Threei}  what is it you like? 3 cents spread with tiny sizes?
[12:13] {dino} stop idcc -.17, taking a break
[12:13] {dptl} i see
01[12:13] {Threei}  it moves against you on someone's 1000 shares sale, you are down 15 cents before you can say mama
01[12:15] {Threei}  JPM, if you move with this blazing speed you might get blisters all over your skin
[12:16] {Will49} I've got a blister on my butt
[12:16] {Will49} from sitting watching jpm
01[12:17] {Threei}  try not to shuffle around so much?
[12:18] {dptl} vlo .65 short
[12:18] {dptl} ?
01[12:18] {Threei}  with .60 support this close, nah
01[12:18] {Threei}  if yuo want aggressive entry, take .70
01[12:19] {Threei}  at least you will have much tighter stop
01[12:19] {Threei}  with .65, you will have 10 cents stop and big IF in just 5 cents down
[12:20] {dptl} ok..i just watching for now.... till jpm clear some more funds for me
[12:20] {nemo} finnies walking a channel, expect spy and iwm to pop look for leveraged etf setup
06[12:20] * Threei sends Will a seat pillow
[12:21] {Will49} thank you sir!
01[12:21] {Threei}  very welcome
01[12:21] {Threei}  we are full service institution, you know
01[12:21] {Threei}  market calls, not funny jokes, summer parties...
[12:21] {nemo} u should be in an institution
01[12:21] {Threei}  I run it
[12:22] {Will49} we is the inmates
[12:22] {nemo} The 9th configuration
[12:22] {Will49} is that like district 9?
01[12:23] {Threei}  more like catch 22 in area 51
[12:23] {nemo} No, good movie from the 80's based on a Stephen King novel
[12:23] {Will49} i'll download it illegally
[12:24] {dptl} lol
[12:29] {dptl} tdc .30 short?
01[12:30] {Threei}  hl, lukewarm yeah
06[12:30] * Threei kicks JPM in the rear
[12:34] {Will49} will pulls pillow out from under butt and swats jpm
[12:34] {Will49} worked
[12:35] {Will49} just a little swat
01[12:35] {Threei}  again?
06[12:35] * Threei kicks JPM in the rear with heavy duty still toe army boots
[12:36] {Will49} I'm a nonviolent student trader
[12:36] {Will49} just use pillows
[12:37] {nemo} Oh Sorry, based on a William Peter Blatty novel...it's on youtube
[12:37] {nemo} http://www.youtube.com/watch?v=sZCcjzOeXlM&feature=youtu.be
01[12:38] {Threei}  not good will... lack of violence will significantly undermine your trading
01[12:38] {Threei}  1:1!
[12:38] {dptl} out half jpm
[12:38] {scottie} half out tks Vad
01[12:38] {Threei}  believe it or not
[12:38] {dptl} ty
01[12:38] {Threei}  but it did happen
01[12:38] {Threei}  and I was there
01[12:38] {Threei}  I saw it with my own eyes
01[12:39] {Threei}  ok... by the book... stop to .09, offering 1/4 at 1:2
[12:39] {scottie} This day starts to look better
[12:39] {Will49} steel toed boots and pillow trade
[12:39] {scottie} sounds like a porn movie
01[12:39] {Threei}  not dug out of the hole completely yet scottie, but moving in the right direction
01[12:40] {Threei}  lol
[12:40] {dptl} fslr .50 long?
[12:40] {nemo} excellent movie
[12:40] {Will49} tks nemo, will watch tonight
01[12:40] {Threei}  no, not likeling that setup at all
[12:40] {Will49} i love anything about redemption:)
[12:40] {dino} tyg sm l .34 ave
[12:42] {dptl} db .90 long?
01[12:43] {Threei}  dp
01[12:43] {Threei}  you have some kind of itch or what?
01[12:43] {Threei}  what's with trade after trade after trade?
01[12:43] {Threei}  all with very marginal setups?
01[12:44] {Threei}  there are about 10K stocks
01[12:44] {Threei}  it doesn't mean they all are suitable for trade or that you must trade all of the a day
[12:44] {dptl} hmm..just looking for the set ups 
01[12:44] {Threei}  you know very well how it ends when you start jumping from one to another, just to do something
01[12:45] {Threei}  most of those you look at have none
01[12:45] {Threei}  or have very low volume
01[12:45] {Threei}  or very narrow range
01[12:45] {Threei}  or too wide spreads and tiny sizes
01[12:45] {Threei}  be more picky
01[12:45] {Threei}  set your scanner p[arameters tighter
01[12:46] {Threei}  so it doesn't spit 10 alerts a minute at you
[12:46] {dino} wow, for a second there i thought you were talking to me (low vol, wide spreads)
01[12:46] {Threei}  :)
01[12:47] {Threei}  why didn't you ak about KBH a few min ago while it was consolidating under .50?
01[12:47] {Threei}  much better volume, much nicer setupm good risk
[12:48] {dptl} i see
01[12:48] {Threei}  look for this kind, drop all those weirdos
[12:48] {dptl} ok
[12:48] {Will49} or off to Siberia you go
01[12:48] {Threei}  no, I am not that cruel
01[12:49] {Threei}  he didn't even live in Winnipeg
[12:49] {Will49} close!
01[12:49] {Threei}  no survival skills for Siberia
[12:49] {dino} dp, for most part noon until 1 pm est sucks for trades
[12:52] {nemo} hah, love this:  "One of the tests is they make you dive to the bottom of a pool and tie five knots," the Shooter says. "One guy got to the fifth knot and blacked out underwater. We pulled him up and he was, like, dead. They made the class face the fence while they tried to resuscitate him. The first words as he spit out water were 'Did I pass? Did I tie the fifth knot?' The instructor 
[12:52] {nemo} told him, 'We didn't want to find out if you could tie the knots, you asshole, we wanted to know how hard you'd push yourself. You killed yourself. You passed.'"
[12:52] {dino} lol
01[12:52] {Threei}  sheesh
01[12:52] {Threei}  lol
[12:55] {nemo} love this part too: It is important to him to stress that no women or children were killed in that raid. He also insists that when it came to interrogation, repetitive questioning and leveraging fear was as aggressive as he'd go. "When we first started the war in Iraq, we were using Metallica music to soften people up before we interrogated them," the Shooter says. "Metallica got wind of 
[12:55] {nemo} this and they said, 'Hey, please don't use our music because we don't want to promote violence.' I thought, Dude, you have an album called Kill 'Em All.
01[12:55] {Threei}  heh
01[12:56] {Threei}  decide if you want to sell second half at 1:2 or 1/4
01[12:56] {Threei}  very hard to tell how big of a chance it has to proceed to 1:3
01[12:56] {Threei}  so, how about this:
01[12:57] {Threei}  if selling half makes you flat for the day, do it,
[12:57] {nemo} frickin' VXX just dying
01[12:57] {Threei}  if not yet, sell 1/4 and push for more,
01[12:57] {Threei}  after all we are playing with house money on this trade now
01[12:58] {Threei}  by the way guys, a suggestion and a question
01[12:58] {Threei}  that last week discussion about money management and blog post on it that I linked later on,
01[12:59] {Threei}  do make sure that you read the whole set of articles in the blog, they highlight various aspects of trading approach that we use regularly but rarely discuss,
01[12:59] {Threei}  simply because I take it for granted
01[12:59] {Threei}  and assume that you read the whole thing
01[12:59] {Threei}  so make sure you did.
01[13:00] {Threei}  Now, question
01[13:00] {Threei}  if there are some aspects that require detailed discussion and I failed to write anything about it, point them out
[13:02] {ese} dino.......you were right about it pausing AKAM that is at 36.42
01[13:02] {Threei}  KBH... sheesh
01[13:02] {Threei}  why did we miss this one
[13:02] {ese} still looks like it has room to go though
[13:03] {ese} nice move kbh
[13:03] {ese} 52 week high of some sort vad?
01[13:04] {Threei}  yeah
[13:06] {nemo} like this one:  Even in action, with all their high state of expertise and readiness, "we're normal people. We fall off ladders, land on the wrong roof, get bitten by dogs." In Iraq, a breacher was putting a charge on a door to blow it off its hinges when he mistakenly leaned against the doorbell. He quickly took off the charge and the target opened the door. We were like, "You rang the 
[13:06] {nemo} fucking doorbell?!" Maybe we should try that more often, the Shooter thought to himself.
[13:10] {dino} nemo, what are you reading from?
[13:11] {nemo} http://www.esquire.com/features/man-who-shot-osama-bin-laden-0313-1
[13:11] {dino} thx
[13:11] {nemo} looking at the daily this market climb is so consistent and moderate
[13:13] {dino} idcc drops again
[13:13] {dino} tyg dog out .29 -.05
[13:14] {dino} idcc sm l .34
[13:15] {dino} stop is lod break
[13:16] {nemo} On the third floor, there were two chicks yelling at us and the point man was yelling at them and he said to me, "Hey, we need to get moving. These bitches is getting truculent." I remember saying to myself, Truculent? Really? Love that word.
[13:16] {nemo} Read more: Man Who Killed Osama Bin Laden - Treatment of Veteran Who Shot bin Laden - Esquire http://www.esquire.com/features/man-who-shot-osama-bin-laden-0313-5#ixzz2Ki65zMyi
01[13:16] {Threei} Short Setup: CLH  .70 break hl
[13:16] {dino} stop idcc
[13:16] {dino} taking break
[13:20] {dptl} i have a ?
[13:22] {dptl} how that CLH is different from DB regarding low volume and thin?
01[13:22] {Threei}  volume is low
01[13:22] {Threei}  look at sizes, it's not that thin
01[13:22] {Threei}  with half lot it's tradeable
[13:23] {dptl} DB sizes are looks almost the same to mee
01[13:23] {Threei}  spread is generally better, gap between levels is tighter
01[13:23] {Threei}  you don't see how much more dense level 2 is on CLH vs DB?
[13:24] {dptl} no not really
01[13:24] {Threei}  come on
01[13:24] {Threei}  place them side by side
01[13:24] {Threei}  you can drive a truck through DB level 2
[13:26] {dptl} hmm..is there somethingi don't see?
[13:27] {ese} well i never..........just cause i don't say anything it cuts me off
[13:28] {ese} igotta go anyway.........one heck of a good day with AKAM.....cya tomorrow
01[13:28] {Threei}  take care ese, gj
[13:28] {ese} tks vad
01[13:32] {Threei}  1:1
[13:33] {scottie} How did you get in ? On my T&S it jumped from .70 to .67 and then to .65 ?
[13:33] {jdetente} yeah no fill for me on that one either
01[13:33] {Threei}  there were .69 prints
01[13:33] {Threei}  got 200 there, and 100 at .70
[13:33] {patel} I didnt get filled either. 
[13:34] {Will49} nor i
[13:34] {Will49} too thin?
01[13:35] {Threei}  yup
01[13:36] {Threei} Short Setup: DG  .15 break
01[13:39] {Threei}  (FR) France Foreign Min: We are in need of a FX policy, strong Euro is hurting the economic recovery
01[13:39] {Threei}  yes komrad
01[13:40] {Threei}  White House: Obama spoke to South Korean President Lee Myung-bak; both condemned 'highly provocative' North Korea test
01[13:40] {Threei}  North Korea - oh you spoke to each other? How nice
[13:41] {nemo} Oh this is good I guess opinions on marriage are universal:  We listened to the Al Qaeda phone calls where one guy is saying, "We gotta find out who ratted on bin Laden." The other guy says, "I heard he did it to himself. He was locked up in that house with three wives." Funny terrorists.
01[13:41] {Threei}  Kate Upton on CNBC after commercials... and they say CNBC is useless
[13:41] {scottie} DG stop .22 ?
01[13:42] {Threei}  torn between that and .26
01[13:44] {Threei}  KPM baby
01[13:45] {Threei}  J
01[13:45] {Threei}  hmmm... did Ijust call one of the most hated banks "a baby?"
[13:45] {scottie} lol
01[13:45] {Threei}  I am so doomed
01[13:47] {Threei}  ok, let's keep .22 on DG
01[13:47] {Threei}  just to play it tight
01[13:47] {Threei}  good boy JPM
01[13:47] {Threei}  I mean bad boy but good move
01[13:48] {Threei}  good move by bad boy
01[13:48] {Threei}  sigh... I'll just shut up
[13:48] {Will49} haha
[13:48] {dptl} i am out .29
01[13:48] {Threei}  1/4 out here
[13:49] {scottie} out JPM +.19 tks Vad
01[13:49] {Threei}  welcome
[13:49] {dptl} unfortunatly i have to leave early...see ya tomorrow all
01[13:49] {Threei}  take care dp
01[13:49] {Threei}  question:
[13:49] {Will49} be good dp
01[13:49] {Threei}  how do you dig out of a hole?
01[13:49] {Threei}  answer: SLOWLY
[13:50] {scottie} dp
[13:50] {dptl} i did  not
01[13:50] {Threei}  never push, never try to get it all back up fast
01[13:50] {Threei}  trade carefully and take best setups with rigor risk vontrol
01[13:50] {Threei}  or control
01[13:51] {Threei}  JPM stop is .19 of course
[13:52] {patel} DG target
01[13:53] {Threei}  probably just 1:1
[13:53] {dino} cya dp
01[14:02] {Threei}  will, how's that pillow?
[14:03] {Will49} wait, let me pull it out
[14:04] {Will49} uuuhhhh
[14:04] {Will49} there...swat/swat/swat
06[14:04] * Threei hits DG over the head with 2x4
[14:04] {Will49} aaahhhh...back on th pillow again
01[14:05] {Threei}  stop .21
[14:08] {Will49} swat/swat/swat
[14:09] {nemo} looking at the 1 minute candles on spy and iwm...can you say "HFT"?
[14:20] {nemo}  Frickin' rabbit.  I keep a couple of treats under my pillow, so if she hops up in the middle of the night, I give her one.  Well, she figured out they're under the pillow.  Middle of the night I feel this "whack" coming from behind me.  She's smacking her head against the pillow trying to get to the treats
01[14:20] {Threei}  closed last piece of JPM
[14:20] {patel} come on DG
[14:26] {scottie} DHI s 24 ?
01[14:26] {Threei}  hl
[14:26] {dino} idcc sm l .29
01[14:34] {Threei}  DG 1:1 puts me at breakeven for the day
[14:34] {dino} gj
[14:34] {scottie} same here tks vad
[14:34] {jdetente} slightly under for the day...
[14:34] {jdetente} but not painful
[14:35] {patel} same here
[14:35] {Will49} yea
[14:35] {patel} 1 more trade should get me green
[14:35] {dino} up decent, but had good morning
[14:36] {patel} Think I can squeeze 1:2 out of DG
[14:37] {patel} out of DG now
01[14:38] {Threei}  and that's what separates men from boys... show not how youhandle winning but how you handle losing
[14:39] {patel} patience pays off. I dug a hole pretty deep but slowly covering the hole.
01[14:40] {Threei}  DHI works too
[14:41] {scottie} out DHI +.09
[14:41] {scottie} Now I can see some green :)
01[14:41] {Threei}  good
[14:46] {dino} gj
[14:46] {scottie} ty
01[14:52] {Threei}  trying to get a feel for direction of the last hour
01[14:55] {Threei}  jeez
01[14:55] {Threei}  some e-mails are beyond belief
01[14:56] {Threei}  pasting as it is, grammar, warts and all
01[14:56] {Threei}  I spent a week in Your room and I read all trading logs so I know you place them online without editing, everything as it was. So, your not cheatin. But I don't understand why your not adding the performance track. What are you hiding?
01[14:57] {Threei}  sigh
[14:57] {dino} dw sm s .27
[14:57] {scottie} yes, what are you hiding ?
01[14:57] {Threei}  my best guess would be:
01[14:58] {Threei}  my lack of desire to indulge his laziness - he can calculate the total just as well, right?
[14:58] {scottie} lol
01[14:58] {Threei}  I am at loss of words
01[14:59] {Threei}  guy sees all the calls, compares them to the log,
01[14:59] {Threei}  he knows logs are 100% as it happened in the room, no editing
01[14:59] {Threei}  but he still searching for what I am hiding?
01[14:59] {Threei}  good luck finding that buddy
01[14:59] {Threei}  you have a lifelong quest
[15:00] {jdetente} he must have trouble adding in .10 intervals 
[15:00] {jdetente} lol
01[15:00] {Threei}  and btw, since you are likely to read this long, I am not editing this out eothert
[15:01] {patel} lol
01[15:01] {Threei}  I don't think there is any single room that does this, posting logs for years
01[15:02] {Threei}  yet someone always suspects you cheat somehow
01[15:02] {Threei}  *()&^%#$*
[15:03] {Will49} Illegitimi non carborundum
[15:03] {scottie} Are you the new pope ?
[15:03] {Will49} ha
01[15:04] {Threei}  lol
[15:04] {Will49} I'm also too old for the job
[15:04] {Will49} and not a Catholic
[15:04] {Will49} guess I better not apply
01[15:05] {Threei}  then tell them not to count on you?
01[15:05] {Threei}  sorry, old russian joke :)
[15:05] {dino} idcc stop -.30
[15:05] {scottie} lol
01[15:06] {Threei}  guy comes in the office that placed hiring ad "needed: 30-40 years old, bachelor degree, must speak English, German, French"
01[15:07] {Threei}  manager, looking at this 60 years olg, disheveled man: you want to tell me you under 40??
01[15:07] {Threei}  - no
01[15:07] {Threei}  educated?
01[15:07] {Threei}  - what are you talking about barely high school
01[15:07] {Threei}  speaking any languages?
01[15:08] {Threei}  - no, not at all
01[15:08] {Threei}  why are you here??
01[15:08] {Threei}  - just came in to tell you, you can't count on me...
[15:08] {Will49} lol
[15:08] {scottie} haha
[15:08] {jdetente} haha
[15:08] {patel} ha
[15:12] {dino} cov dw .cov dw .99 ave, +.28
01[15:13] {Threei}  not too shabby
[15:13] {scottie} gj dino
01[15:14] {Threei}  back to Will's sound advice... I usually do not let Illegitimi to carborundum me... but idiocy still irritates me :)
[15:15] {dino} ty
01[15:16] {Threei} Long Setup:  FAZ  .65 break
01[15:16] {Threei}  If holds  .60 
[15:16] {nemo} or short FAS for the adrenaline rush
01[15:17] {Threei}  can't
[15:17] {nemo} have them do a locate
01[15:18] {Threei}  not worth the hassle
01[15:18] {Threei}  there are many other ways to play the downside in finnies
[15:18] {patel} What does this mean "Reg SHO Threshold Security"?
[15:19] {patel} this is what I get when I try to short FAS
01[15:19] {Threei}  unavailable for shorting
[15:19] {thomcbell} short restricted
[15:19] {nemo} not right, just labeled that way in the software...it's shortable
01[15:20] {Threei}  it's shortable if your broker has inventory to lend
01[15:20] {Threei}  most don't
[15:20] {nemo} right
01[15:20] {Threei}  these pairs were designed to work in, umm, pairs
01[15:20] {Threei}  you want long, buy one of them,
01[15:20] {Threei}  you want short, buy another
01[15:21] {Threei}  FAS/FAZ, TNA/TZA
[15:21] {nemo} yeah, but why bother buying FAZ, you need 10k shares to make anything
01[15:21] {Threei}  so shoert GS
01[15:21] {Threei}  or JPM
[15:21] {nemo} your broker will be thrilled and you need .02 to break even
01[15:21] {Threei}  or WFC
01[15:27] {Threei}  disregard FAZ
01[15:27] {Threei} Short Setup: CAT  .20 break
01[15:27] {Threei}  If holds  .25 
01[15:35] {Threei}  meh
[15:40] {dino} htsi spike
[15:42] {dino} sm s .85
[15:44] {dino} cov .50, +.35
[15:45] {dino} probably too soon
01[15:45] {Threei}  CAT rinse... bastard
[15:45] {patel} SOB
[15:47] {dino} htsi sm s .99
[15:50] {dino} stopped .15 -.16
01[15:51] {Threei}  Ok guys, not really a profitable day, first in two a half weeks, but I am not unhappy with it
01[15:51] {Threei}  righted what looked really bad in the morning
[15:51] {Will49} Can't win 'em all Vad
01[15:51] {Threei}  in cold blood and with good discipline
01[15:51] {Threei}  nope, gotta make losing ones small
[15:51] {Will49} amen
01[15:51] {Threei}  and hanfle them with no emotion and lasting damage
01[15:52] {Threei}  thank you all, have a good evening
[15:52] {thomcbell} yes - i had my first down day in about 3 weeks 
01[15:52] {Threei}  see you tomorrow
[15:52] {thomcbell} knock on wood - 
[15:52] {Will49} Asta La Vista people
[15:52] {thomcbell} good night all
[15:52] {scottie} gn
[15:52] {dino} calling it a day, thx all
[15:56] {jdetente} gn everyone
[15:57] {patel} gn