Friday, February 22, 2013

Feb 22 2013

All winning streaks come to an end sooner or later - our's, month-long, ended today. Nothing drastic as a few winning trades repaired most of damage but still, ended negative. Can't win them all.

Session Time: Fri Feb 22 00:00:00 2013
[09:05] {dino} gm
01[09:07] {Threei}  morning dino
01[09:07] {Threei}  I guess it's time to stop pretending it's weekend... and wake up
[09:08] {patel} Good Morning Trader!!!
[09:08] {patel} Traders
01[09:08] {Threei}  oatel :)
01[09:08] {Threei}  o=p...
01[09:08] {Threei}  morning typing..
[09:08] {jdetente} gm!
01[09:09] {Threei}  (which is no better or worse than afternoon one)
01[09:09] {Threei}  jd :)
[09:10] {scottie} good morning
01[09:10] {Threei}  GLD is getting dumped... again
01[09:10] {Threei}  scottie :)
01[09:15] {Threei}  where is nemo.... I feel uneasy when we can't keep an eye on him. Who knows what he is doing with his army of fighting rabbits
[09:15] {_sable1wolf} morning
01[09:16] {Threei}  morning wolf, welcome to the room
[09:16] {_sable1wolf} thank you, looking forward to learning today
[09:17] {cipher} gm
01[09:17] {Threei}  cipher :)
[09:21] {Will49} Morning :)
01[09:21] {Threei}  will :)
[09:23] {ese} morning
[09:23] {dptl} gm
01[09:23] {Threei}  ese :)
01[09:24] {Threei}  dp :)
[09:24] {ese} dddddddddddppppppppppp!!!!!!!!!!!!!!!
01[09:24] {Threei}  OK, ese is here and nemo is not - does it mean nemo is plotting something, or ese has won against fighting rabbits?
[09:24] {dptl} :)
[09:24] {ese} am gonna have to do that for patel now
[09:24] {ese} pppppppppppppppppppttttttttttttttttttttttttttttt!!!!!!!!!!!!!!!!
[09:25] {ese} lol
01[09:25] {Threei}  filming is over, ese?
[09:25] {ese} yes
01[09:25] {Threei}  cool
01[09:26] {Threei}  (US) PIMCO's Bill Gross: Believes Central banks are in charge of markets at the moment- tv interview- Not seeing great rotation into stocks
01[09:26] {Threei}  heh
[09:26] {ese} very interesting process............we've done it a couple of times before but I keep forgetting how difficult it is
01[09:26] {Threei}  what he is saying is, Fed run the market up singlehandedly by its money injection
01[09:26] {Threei}  what a novel thought... why didn't we think of that before
[09:26] {ese} it's a melding pot of 3 different types of sound and visual media
01[09:27] {Threei}  3?
[09:27] {thomcbell} aig a beast
01[09:27] {Threei}  sound, visual...
01[09:28] {Threei}  there are 3 types of people... those who can count and those who can't
[09:28] {ese} yes...sound reinforcement(live sound) recording sound and the audio visual..........the way all 3 have to be synced up to make it work is a very interesting process
01[09:28] {Threei}  watching SLW for short
01[09:28] {Threei}  notice how it formed long upward tail yesterday
01[09:29] {Threei}  rejection
01[09:30] {Threei}  AIG for long on pullback
01[09:30] {Threei}  and FB for short
01[09:30] {Threei} Short Setup: FB  .55 break
01[09:30] {Threei}  If holds  .65
01[09:31] {Threei}  missed AIG, way too fast
01[09:31] {Threei}  SLW hasn't settled spread yet
01[09:32] {Threei}  1:1 FB
[09:33] {dino} out elli yesterday leftovers, .54, +.30
01[09:33] {Threei}  AIG, watching for double bottom
01[09:34] {Threei} Long Setup:  AIG  .30 break hl
01[09:34] {Threei}  If holds  .20
01[09:34] {Threei}  Invalidated
01[09:36] {Threei}  SLW got away
[09:38] {thomcbell} short setup qcom 65.16 break if holding 65.26
01[09:38] {Threei} Long Setup:  AIG  .85 break hl
01[09:38] {Threei}  If holds  .75
01[09:39] {Threei}  Invalidated
01[09:40] {Threei} Short Setup: SLW  .10 break
01[09:40] {Threei}  If holds  .20
01[09:41] {Threei}  quite hectic opening
[09:42] {cipher} esrx l .87
[09:43] {cipher} out .95 +.08
01[09:44] {Threei}  no go SLW
[09:44] {patel} dang it
01[09:45] {Threei} Long Setup:  AIG  .80 break hl
01[09:45] {Threei}  If holds  .70
[09:46] {dino} 07 red
[09:46] {thomcbell} qcom 1:1
01[09:46] {Threei}  target 1:3
[09:47] {cipher} fslr l .20
[09:48] {jdetente} stopped
[09:48] {dino} ahs?
[09:48] {thomcbell} qcom 1:2
[09:48] {cipher} out fslr .05 -.15
[09:48] {jdetente} ugh
[09:49] {thomcbell} out there
01[09:49] {Threei}  1:1
[09:49] {scottie} +.09 tks
[09:50] {cipher} ahs l .81
01[09:50] {Threei} Long Setup:  FB  .50 break
[09:50] {dino} ahs sm l .93
01[09:50] {Threei}  If holds  .40
[09:51] {cipher} out ahs .08 +.27
[09:52] {cipher} thx dino
[09:53] {cipher} ctr l.56
[09:53] {cipher} ctrp
01[09:54] {Threei}  can't say that I am delighted with this morning so far... flurry of activity, very little of it is readable
[09:54] {cipher} out .48 -.08
01[09:55] {Threei}  FB 1:2 would make up for nemo absence though
[09:55] {jdetente} I found nemo
[09:55] {jdetente}
01[09:55] {Threei}  lol
01[09:56] {Threei}  so have I:
[09:56] {jdetente} hehe
01[09:57] {Threei} Short Setup: CAT  .95 break hl
01[09:57] {Threei}  If holds  .05
01[09:58] {Threei}  FB triangle
01[09:58] {Threei}  break is coming
01[09:58] {Threei}  which way is a mystery
[09:58] {Will49} :)
01[10:00] {Threei}  no go CAT
01[10:04] {Threei}  come on FB
01[10:04] {Threei}  .55 is last line of bear defense
01[10:05] {Threei}  finally
01[10:06] {Threei}  now pretend your name is Forest
01[10:06] {Threei}  Forest Gump. People call you Forest Gump
[10:08] {jdetente} FB needs to stop loitering
[10:08] {jdetente} get a move on here
06[10:08] * Threei kicks FB in the rear
[10:09] {patel} pokes FB
01[10:09] {Threei}  let's see if violence helps
[10:10] {cipher} ahs l .91
01[10:10] {Threei}  everything is right on this chart... bottoming out, ascending channel, volume is configured well, resistance levels are clearly defined and being taken out... what's your frikin problem FB
01[10:11] {Threei}  let's trail stop to .44
[10:11] {cipher} eqix l .11
[10:12] {cipher} out ahs .17 +.26
[10:14] {dino} gj
06[10:15] * Threei slaps nemo around a bit with a wild rabbit
06[10:15] * dino slaps nemo around a bit with a large trout
[10:15] {cipher} out eqix .67 +.56
[10:15] {nemo} sorry...I was otherwise occupied
01[10:16] {Threei}  that's OK, it gave us a chance to prepare for your grand entrance
01[10:16] {Threei}  and make it really grand
[10:16] {jdetente} we have evidence of where you were nemo
[10:16] {jdetente}
[10:16] {jdetente} or more importantly what you were doing
[10:16] {nemo} oh, to be that young again
01[10:18] {Threei}  crap
01[10:18] {Threei}  prepared LVS alert 50 break
01[10:18] {Threei}  thing exploded while I typed
01[10:18] {Threei}  out FB
01[10:19] {Threei}  ok, this morning officially sucks
[10:19] {patel} yes. I think I am done for the day.
[10:19] {dino} out ahs .63, +.70
[10:19] {cipher} eqix wow... left 2 bucks on the table
[10:20] {dino} wtf ahs left .50 on table
[10:21] {dino} thought 20dma would pause, cut thru it like hot knife thru butter
[10:21] {jdetente} man lot of red so far this morning boo
01[10:22] {Threei} Long Setup:  LVS  50 break hl
[10:22] {dino} red green, whats the difference?
01[10:23] {Threei}  If holds  .90
01[10:23] {Threei}  frikin first losing day in a month, and it's not even 1 hour in the day... what's with widespread whining?
01[10:24] {Threei}  has to be nemo's fault
[10:24] {dino} always is
[10:24] {jdetente} not whining...just not delighted :)
01[10:24] {Threei}  ok... not being delighted is allowed
01[10:26] {Threei}  this is one freakishly long winning streak we've been on, it's bound to pause at some point, usn't it
[10:27] {cipher} hain l .26
01[10:30] {Threei}  LVS touched 1:1 without filling
[10:30] {scottie} out
01[10:30] {Threei}  yup
01[10:31] {Threei} Short Setup: SLW  .97
01[10:31] {Threei}  aggressive for .90 break
[10:32] {cipher} cmcsa l .73
[10:33] {dptl} stop .06?
[10:33] {scottie} where do yuou put 1:1 ?
01[10:33] {Threei}  yup
[10:33] {cipher} out hain .30 +.04
01[10:34] {Threei}  want to cover 1/3 near .90, then if we get a break ride it to about 31.60
01[10:37] {Threei}  ok SLW
01[10:37] {Threei}  let's do it
01[10:37] {Threei}  you are officially designated to be our day-fixer
01[10:37] {Threei}  1/3 out
[10:38] {dino} elli sm l .60
01[10:38] {Threei}  stop .01
[10:38] {dptl} out
01[10:39] {Threei} Short Setup: GDX  .80 break
[10:39] {cipher} out cmcsa .68 -.05
01[10:39] {Threei}  If holds  .90
[10:41] {cipher} hain l .92
[10:41] {ese} this always happens to me...............3 days of doing something else puts me out of sync with the mrkt.......i look at something i should have taken a position on and don't pull the have to stay in practise....anyone who thinks other wise is nuts
[10:42] {dino} cste drop, ultra thin
[10:42] {ese} easily 4 that i should have done something with
[10:42] {dino} same happens to me ese
[10:42] {dino} out of the "zone"
[10:42] {ese} yup
[10:43] {ese} whats ultra thin though
[10:43] {dino} cste
[10:44] {ese} in terms of shs..........i see  only 10000traded
[10:44] {dino} yeah, ultra thin
[10:45] {cipher} cstr l.57
[10:45] {ese} it ain't much thats for sure
[10:45] {cipher} out .49 -.08
[10:46] {cipher} out hain .13 +.21
[10:48] {dptl} in gdx
[10:48] {scottie} can't short GDX
[10:48] {dino} yy sm s .50
[10:50] {cipher} tcbi drop
[10:51] {cipher} tcbi l .34
01[10:51] {Threei}  have you noticed lately, PMs and PM-related stocks move in inverse relation to the market
01[10:51] {Threei}  not perfect but
[10:52] {cipher} sina l .16
[10:54] {cipher} out .30 +.14
[10:54] {nemo} sheesh the spy is barely trading
[10:56] {cipher} out tcbi .26 -.08
[10:56] {dino} pm?
01[10:56] {Threei}  SLW balance stopped on a tril
01[10:57] {Threei}  precios metals dino... not stock PM :)
[10:57] {dino} lol, ok, i get it
01[10:57] {Threei}  SLW did not live up to expectations
[10:58] {dptl} come on gdx
[10:59] {dptl} 2cents
01[11:00] {Threei}  see SPY dropping, GDX bouncing?
[11:00] {dptl} ye
01[11:00] {Threei}  we might have to start deplying this:
01[11:00] {Threei}
[11:02] {thomcbell} aig caught an intraday downgrdae
[11:02] {thomcbell} reason for the weakness
[11:03] {scottie} INTC l .35 if holds .30 ?
[11:05] {dptl} BTU .75  short?
01[11:05] {Threei}  oops, sorry caps
[11:05] {scottie} ok, I heard you
01[11:05] {Threei}  BTU, ues
01[11:05] {Threei}  lol
[11:05] {dino} cov yy .60 -.10
[11:07] {scottie} BTU stop .83 ?
01[11:08] {Threei}  yup
[11:09] {dptl} what about gdx stop now?
01[11:09] {Threei}  .86
[11:09] {dptl} k
[11:09] {thomcbell} wow fb
[11:09] {thomcbell} disgusting action
[11:16] {Will49} :out
[11:16] {dptl} stopped gdx
01[11:17] {Threei}  patternless day
01[11:20] {Threei}  BTU works
[11:21] {dptl} ye and only had half lot...out
[11:22] {scottie} half out, tks dp
[11:22] {nemo} hey cipher sina might be a short here
[11:22] {thomcbell} stuff failed where it was supposed though Vad
01[11:22] {Threei}  yes tbell
01[11:22] {Threei}  well, maybe it's me
01[11:23] {Threei}  misreading market today
01[11:23] {Threei}  wouldn't be a first time it happens, so...
[11:24] {Will49} looks like some of the "big shooters" here are also having a tough time
01[11:24] {Threei}  oh I get it
01[11:25] {Threei}  I think it was Oscar Wilde, in one of his short stories a boy tried to start fireworks for guests,
01[11:26] {Threei}  they didn't work, everyone left disappointed, then he tried again, alome, and everything worked,
01[11:26] {Threei}  and story ended with beautiful phrase
01[11:26] {Threei}  Your firework will not go off in front of witnesses (loose translation, I read it in Russian)
[11:27] {dptl} long LEN .51
01[11:27] {Threei}  so, we had a month of winning days, today wolf's first day of trial, and my fireworks don't go off :)
[11:27] {Will49} ya, i used to have that trouble too:)
[11:28] {Will49} that's code")
[11:29] {Will49} :)
01[11:29] {Threei}  ummm... why do I have a feeling you out some ditry meaning in it
01[11:29] {Threei}  put
[11:29] {Will49} you got it!
[11:29] {dino} lol
01[11:29] {Threei}  I did, I just hoped I was mistaken :)
[11:30] {Will49} trading sucks, so might as well expose myself
[11:30] {Will49} psychologically, that is
[11:31] {thomcbell} joy 62.34 break if holding 62.20
01[11:31] {Threei}  every next iteration dig deper hole, lol
01[11:31] {Threei}  digs deeper
01[11:31] {Threei}  what's with my typing
[11:31] {Will49} you are discombobulated by the market
[11:31] {Will49} :)
01[11:31] {Threei}  that's me
[11:35] {dptl} out LEN 1:1
01[11:35] {Threei}  once a month I get discombobulated
[11:35] {thomcbell} joy 1:1
[11:35] {scottie} gj dp :)
[11:35] {Will49} can you give me some warning?
01[11:35] {Threei}  then nemo comes with bottle of Grey Goose, and I combobulate again
[11:35] {scottie} didn't have the guts to follow you on that one
[11:39] {scottie} trailing stop to .71 on BTU
[11:45] {scottie} to .68
01[11:45] {Threei}  scottie is combobulating
[11:46] {Will49} good on ya scottie:)
[11:46] {scottie} :)
[11:47] {scottie} that's dp's find
01[11:47] {Threei}  ain't english grand... why is there word "discombobulated", but not combobulated
[11:47] {thomcbell} joy 1:2
[11:48] {Will49} good question Vad
[11:48] {Will49} good on YOU tbell
01[11:48] {Threei}  well, I guess it's not a single example... there is disgust and but not gust
[11:48] {scottie} Urban dictionary
[11:48] {scottie} 1. combobulated
[11:49] {dptl} STX short?
[11:49] {scottie}  
[11:49] {scottie} adj. removed from a state of confusion
[11:49] {scottie} v. combobulate
[11:49] {scottie} antonym: discombobulated
[11:49] {Will49} leave it to a Scot to set us straight
01[11:49] {Threei}  STX?? no
[11:50] {scottie} Internet knows everything
[11:50] {dptl} .38
01[11:50] {Threei}  oh wait
[11:50] {Will49} scottie, have you read the book "How the Scots invented Canada"?
01[11:50] {Threei}  wrong chart
01[11:51] {Threei}  well, STX is more or less configured, but sklow and narrow
01[11:51] {Threei}  I wouldn't trade it today
01[11:51] {Threei}  BTY baby
01[11:51] {Threei}  out
[11:51] {Will49} good call dp
[11:51] {scottie} partial fill only
01[11:52] {Threei}  hmmm... OK, now I am discombobulated about this word completely, since different dictionaries show different results, with some stating that there is no such word, and "dis" form is the only one
01[11:52] {Threei}  sure makes for a great word of the day though
[11:52] {thomcbell} joy stop to 62.43
[11:52] {scottie} made me learn a new word in English ?
[11:52] {scottie} or is it two ?
01[11:53] {Threei}  one thing is fr sure: some dictionaries should be a sujbect of defenestration
[11:53] {Will49} oh my goodness
01[11:54] {Threei}  {G}
[11:54] {scottie} this one is the same in french
[11:54] {thomcbell} joy 1:3
[11:54] {dptl} stopped stx
01[11:54] {Threei}  wtg tbell
[11:54] {thomcbell} tu
[11:54] {scottie} out BTU ave .17 tks dp
[11:54] {Will49} nice one
[11:54] {dptl} :)
[11:56] {scottie} the day starts looking brighter :)
[11:56] {dptl} i need 3 wins to make it bright
01[11:57] {Threei}  first, stop taking these marginal plays like STX
[11:57] {thomcbell} jcp 22.50 break short if holding 22.60
01[11:57] {Threei}  stock spent 2 hours within 20 cents range for crisssakes
[11:58] {dptl} ye that was wrong pick
[11:58] {thomcbell} joy stop 62.54
[12:00] {thomcbell} jcp invalidated
01[12:01] {Threei} Long Setup:  CAT  .40 break
01[12:01] {Threei}  If holds  .30
[12:04] {dino} elli sm l .00
[12:05] {_sable1wolf} Thanks three, just booked a profit on the LVS call
01[12:05] {Threei}  yw...
[12:06] {_sable1wolf} in at 49.96. out at 50.24    .28 in the bag
[12:06] {_sable1wolf} okay i might become a believer lol
[12:06] {dino} have at it
01[12:07] {Threei}  hmmm... with trading logs available for the last 5 or 7 years, what is there not to believe in, lol
[12:07] {_sable1wolf} your right
[12:08] {thomcbell} joy stopped
[12:08] {dino} 07 green
01[12:19] {Threei}  CAT is valid
[12:22] {dino} these friday afternoons aread d e a d
[12:27] {dptl} still valid cat?
[12:27] {Will49} After a tiring day, a commuter settled down in her seat and closed her eyes.
[12:27] {Will49} As the train rolled out of the station, the guy sitting next to her pulled out his cell phone and started talking in a loud voice: "Hi sweetheart. It's Eric. I'm on the train".
01[12:27] {Threei}  yes
[12:28] {Will49} "Yes, I know it's the six thirty and not the four thirty, but I had a long meeting".
[12:28] {Will49} "No, honey, not with that blond from the accounts office. It was with the boss".
[12:28] {Will49} "No sweetheart, you're the only one in my life".
[12:28] {Will49} "Yes, I'm sure, cross my heart"
[12:28] {Will49} Fifteen minutes later, he was still talking loudly.
[12:28] {Will49} When the young woman sitting next to him had had enough, she leaned over and said into the phone, "Eric, hang up the phone and come back to bed."
[12:28] {thomcbell} darn jcp
01[12:28] {Threei}  yikes
01[12:28] {Threei}  lol
[12:31] {dptl} i am gonna take a break now
[12:33] {_sable1wolf} lvs running higher should have kept some in
[12:33] {_sable1wolf} rookie nerves
01[12:34] {Threei}  don't focus on it
01[12:34] {Threei}  every trade exists while it lasts
01[12:34] {Threei}  you are out, it's a new world
01[12:34] {Threei}  klook for the next bus, it's always just around the corner
01[12:35] {Threei}  CAT is about to trigger
01[12:35] {Threei}  and dp left, so it should work
[12:35] {dptl} its not letting me
01[12:35] {Threei}  oops
01[12:35] {Threei}  this is wehy it doesn't trigger
[12:35] {dptl} lol
01[12:35] {Threei}  it waits for you to leave
01[12:35] {Threei}  cats are like that
[12:36] {thomcbell} duh jcp that was perfect
[12:36] {thomcbell} almost said it was still valid
[12:37] {Will49} Vad, didn't CAT invalidate at 12:22?
01[12:38] {Threei}  yes
01[12:38] {Threei}  and reconsolidated agauin after that
[12:39] {Will49} so, a break under .32 invalidates again?
01[12:39] {Threei}  under .30
[12:39] {Will49} tks
01[12:40] {Threei}  ok, dp obviously left
[12:40] {dptl} no in .42
01[12:40] {Threei}  hmmm
[12:41] {Will49} invalidated due to dp's presence
01[12:44] {Threei}  target 1:3
[12:44] {_sable1wolf} lvs was a GREAT CALL
[12:44] {_sable1wolf} 50.70
[12:44] {_sable1wolf} WOW
01[12:47] {Threei}  1:1
01[12:48] {Threei}  1:2
[12:49] {dptl} out .60 ty
[12:49] {dptl} need 2 more wins please :)
[12:49] {dino} thx cat vad, out +.15
01[12:50] {Threei}  1:3, over and out
01[12:50] {Threei}  yw
[12:50] {dptl} taking a break noe :)
01[12:50] {Threei}  nice and easy, no single pullback
[12:50] {dptl} now
01[12:50] {Threei}  fully believer yet, wolf?? :)
[12:50] {jdetente} got 1:4 thanks Vad. Great trade
01[12:51] {Threei}  1:4
01[12:51] {Threei}  welcome jd
[12:53] {Will49} so, i leave the room for a few minutes, and look what happens
[12:53] {_sable1wolf} unbelievable.... I also am reading your book tape reading. You are realy good
01[12:53] {Threei}  thank you
[12:53] {Will49} :(
01[12:53] {Threei}  come on will, you know better
[12:53] {_sable1wolf} thank you for sharing your experience, helps us new guys learn without all the pain of high tuition
[12:53] {Will49} now...yes!
01[12:54] {Threei}  if you like the book wolf... favorable review on amazon will be greatly appreciated
01[12:54] {Threei}  gotta counterbalance a few idiots running smear campaign against it
[12:56] {jdetente} I'm relatively new as sable...this is a great room and Vad's calls and risk management are both excellent
[12:56] {jdetente} *as well
01[12:57] {Threei}  and you haven't even taken any of the courses yet jd?
01[12:57] {Threei}  wait till you go over those...
[12:57] {_sable1wolf} I will, more importantly I have read many, many books  that were not worth the money... but Tape Reading is direct and to the point. I have only been trading for about 1 year so I know th difference after a mountain of losses. I will give good rec on amazon
[12:58] {jdetente} I will be :)
01[12:58] {Threei}  ah, that's exactly ese's path :)
01[12:58] {Threei}  read 140 trading books, then finally stumbled on TTR,
[12:58] {_sable1wolf} sounds like me
01[12:58] {Threei}  and gave all the rest to librarries or something
01[12:59] {Threei}  btw jd, don't pay full price, room members have 30% discount for online courses
01[12:59] {Threei}  both 111 Trades and A Taoist Trader
[13:00] {jdetente} ok, do I need a code for the discount?
[13:01] {ese} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz...........huh.............ah ya.........thats the way to do it
[13:01] {ese} and!!!!!!!!!!!!!!!!!! by the was almost books
01[13:02] {Threei}  yes, let me look it up
[13:02] {ese} of which i still have about 50 around for reference............not likely..........haven't looked at them in 5 years
01[13:02] {Threei}  270?
01[13:02] {Threei}  man...
[13:02] {ese} about that
[13:03] {ese} just about the enitre trading section in the downtown library.
[13:03] {ese} not to mention that i bought about 120 to 40
[13:04] {ese} actually waht was really funny
01[13:04] {Threei}  use coupon (gently edited out) jd
01[13:04] {Threei}  and don't share it with anyone pls, it's for room members only :)
[13:04] {ese} I took them down to russell's books to trade them in....easily about 90 to 100
[13:05] {ese} and they gave me a $75 dollar credit..................i almost fell over laughing
01[13:05] {Threei}  not a very good trade eh
[13:05] {ese} i'll say
[13:06] {ese} was down there at Christmas.........and about 20 of them are still on the shelf..............3 years late
[13:06] {ese} later
[13:10] {jdetente} thanks Vad. I'll keep it to myself
01[13:21] {Threei}  hmmm... CAT may be coming in for another shot
[13:23] {Will49} hurray....possible redemption
01[13:24] {Threei}  heck, right under the trigger
01[13:24] {Threei} Long Setup:  CAT  .40 break
01[13:24] {Threei}  surely there must be enough those who missed the move and will jump on second chance
01[13:25] {Threei}  no expectations for 1:4 again though
[13:25] {Will49} oh yeah
01[13:25] {Threei}  1:2 at best
01[13:27] {Threei}  Invalidated
01[13:27] {Threei}  but on watch
[13:27] {dptl} COH .80 short?
01[13:28] {Threei}  hl
[13:31] {scottie} VZ l .30 ?
01[13:35] {Threei}  yes, if market reverses upward again
01[13:36] {Threei}  normally I would say nah, bad time... but looking at daily, this is special case
[13:38] {jdetente} CAT back on radar?
01[13:38] {Threei}  yes, just no setup yet
01[13:39] {Threei} Long Setup:  CAT  .30 break
01[13:41] {Threei}  most likely about 1:2
01[13:41] {Threei}  doubt it has more in it this time
[13:47] {dino} bp
[13:50] {dino} sm s .00
[13:51] {dino} cov .80, +.20
[13:51] {dptl} stopped cat
01[13:52] {Threei}  meh
[13:52] {dptl} -.15
[13:52] {scottie} same
[13:52] {Will49} me too
[13:52] {dptl} fast
[13:53] {dptl} vz getting closer
01[13:56] {Threei}  be back in 20
[13:59] {scottie} stop to .24
[14:01] {dptl} ye same
[14:06] {scottie} out
[14:06] {dptl} stopped....just cant win today
[14:07] {Will49} tough day!
[14:31] {scottie} Vad, are you there ?
01[14:32] {Threei}  yes
[14:32] {scottie} EXPD s .60 ?
01[14:32] {Threei}  yes, mist likely no more than a scalp though
[14:33] {scottie} tks
[14:42] {nemo} only 58 million shares of spy so far
[14:43] {nemo} 65 day average is 133ish million
[14:43] {dino} wow
[14:44] {dino} you know i usually only take off friday afternoons june thru august, but this is getting boring
[14:44] {nemo} dcc dino
[14:44] {dino} problem is taking froday afternoons now, no lawn to mow or golf to play (15 degrees f here)
01[14:44] {Threei}  lol
[14:44] {nemo} ice fishing?
[14:46] {dino} thats slower than this trading
01[14:49] {Threei}!
01[14:49] {Threei}  have 4 min of fun
01[14:50] {Threei}  oh motherland... nothing changes, lol
[14:53] {scottie} lol
[14:55] {Will49} funny as hell
01[14:56] {Threei}  and all true
[14:56] {jdetente} wow lol
01[14:56] {Threei}  incredibl;y familiar scenes of these fights on the road
[14:56] {jdetente} I like how nonplussed the cattle all were
01[14:56] {Threei}  the only difference is, there were no cameras in each car back then
01[14:57] {Threei}  and instead of basebal bat it was a gun in the glove compartment
[14:58] {Will49} years ago, I started to negotiate a business purchase with the Russian owner.
[14:58] {Will49} First day I met him he said, "I want to show you something:
[14:59] {Will49} took me in back room opened a drawer and pointed to a huge pistol
[14:59] {Will49} I said what's that for and he said..oh nothing, just wanted to show it to you
[14:59] {Will49} didn't buy his business
01[14:59] {Threei}  lol
[15:00] {scottie} lol
[15:00] {jdetente} standard business practice
01[15:02] {Threei}  by the standards of people I dealt with, complete idiot
01[15:02] {Threei}  principle is: never take out a gun to threaten
[15:03] {jdetente} only to use, correct?
01[15:03] {Threei}  if you have it in your hand, it's to shoot
[15:03] {dptl} same with condoms
01[15:03] {Threei}  not going to shoot, never take it
[15:03] {Will49} hahah
[15:03] {Will49} good one dp
[15:03] {scottie} lol
[15:06] {scottie} ok gotta go, have a good weekend all
01[15:06] {Threei}  take care scottie
01[15:07] {Threei}  see you Monday
01[15:08] {Threei} Long Setup:  LVS  .88
01[15:09] {Threei}  Invalidated
[15:18] {thomcbell} short setup AIG 38.22 break if holding 38.30
[15:22] {thomcbell} invalidated
01[15:23] {Threei} Short Setup: GDX  .85 break
01[15:23] {Threei}  If holds  .95
01[15:29] {Threei}  big bid by BPB
01[15:29] {Threei}  waiting for it to get hit
01[15:29] {Threei}  NSDX too
[15:33] {dptl} at .84?
01[15:33] {Threei}  let's break GDX
01[15:33] {Threei}  and drop
01[15:33] {Threei}  like a stone
01[15:33] {Threei}  or prom dress
[15:33] {dptl} you in?
01[15:33] {Threei}  or whatever analogy you like
01[15:33] {Threei}  just drop
01[15:33] {Threei}  not yet
[15:34] {Will49} a prom dress always went up in my day
[15:34] {jdetente} lol
[15:34] {jdetente} or just off
[15:34] {dino} off like a prom dress
[15:34] {Will49} 57 chevy and all time for off
[15:36] {dptl} NEM short?
01[15:37] {Threei}  yes
[15:37] {dptl} .72?
01[15:37] {Threei}  yup
01[15:37] {Threei}  if stays under .80
01[15:40] {Threei}  well GDX?
01[15:40] {Threei}  will you or will you not
[15:41] {Will49} a prom night question
01[15:41] {Threei}  lol
01[15:41] {Threei}  really
[15:42] {Will49} if you had to ask...answer was usually no
[15:42] {jdetente} haha
[15:42] {Will49} right jd?
[15:42] {jdetente} I don't believe I;ve ever asked lol
[15:43] {Will49} lol
[15:43] {jdetente} but who knows what the sensitive modern day people do
[15:43] {Will49} bet your win/loss ratio was better than today :)
[15:43] {jdetente} ha
[15:44] {dino} took all afternoon, but out elli .35, +.35
[15:44] {Will49} nice
[15:44] {dino} ty
[15:45] {dino} i guess better than ice fishing
[15:45] {Will49} that would be a big win today. no?
[15:45] {dino} no
[15:45] {dino} ahs +.70 in the a.m.
[15:45] {Will49} ooohhh
[15:48] {dptl} have a good weekend all see ya monday
01[15:48] {Threei}  Ok guys
[15:48] {Will49} be good dp
01[15:48] {Threei}  thank you all
01[15:48] {Threei}  have a great weekend
01[15:48] {Threei}  see you Monday!
[15:48] {dino} cya
[15:48] {Will49} cheers
[15:51] {thomcbell} take care everyone
[15:51] {jdetente} have a good weekend everyone
[15:52] {dino} cya
[15:55] {dino} thats all for me, gn all. thx for ideas