Session Start: Mon Feb 25 08:47:59 2013
[09:09] {dino} gm
01[09:09] {Threei} morning dino
[09:09] {_sable1wolf} Morning everyong
01[09:09] {Threei} wolf :)
[09:10] {nemo} oh sheesh another genus joins the asylum
[09:11] {cipher} gm
01[09:11] {Threei} copher :)
[09:11] {jdetente} good morning
01[09:11] {Threei} jd :)
[09:12] {nemo} heheheh affy seen better days
01[09:12] {Threei} who?
[09:13] {nemo} AFFY
01[09:13] {Threei} oh
01[09:13] {Threei} eecl
01[09:15] {Threei} Takeda Pharmaceutical Co Ltd Announces voluntary recall of Omontys following reports of serious hypersensitivity reactions that may become fatal- Takeda spokesperson: "Our company is working with the FDA and Affymax and decided to voluntarily recall Omontys to put patients safety first... We will swiftly provide information to patients and health care professionals."
01[09:16] {Threei} and a bunch of downgrades
[09:17] {scottie} good morning
01[09:18] {Threei} scottie :)
01[09:20] {Threei} is it one product company or what
[09:22] {dptl} gm
01[09:22] {Threei} dp :)
[09:23] {dptl} do you have charts Vad?
01[09:24] {Threei} yes
[09:24] {dptl} what server?
01[09:24] {Threei} 3
[09:25] {ese} morning
01[09:25] {Threei} ese :)
[09:26] {dptl} not here
01[09:27] {Threei} quote 2
01[09:27] {Threei} chart 3
[09:28] {ese} Read 5/6 paragraph down http://www.kelownacapnews.com/news/189112511.html
01[09:28] {Threei} DB swan dive
01[09:28] {Threei} FB
01[09:29] {Threei} cool ese
[09:29] {ese} tks
[09:30] {patel} gm
[09:30] {ese} P
01[09:30] {Threei} patel :)
01[09:30] {Threei} Short Setup: BBRY .60 break hl
01[09:30] {Threei} If holds .70
01[09:31] {Threei} stop to .66
01[09:32] {Threei} Long Setup: FB .40 break
01[09:32] {Threei} If holds .30
01[09:33] {Threei} out BBRY
[09:33] {cipher} arun l .15
[09:34] {thomcbell} aig 38.81 break if holding 38.90 short
[09:35] {cipher} away l .94
[09:35] {thomcbell} aig 1:1
01[09:35] {Threei} good one AIG
[09:36] {thomcbell} qcom looking for a short pattern
01[09:36] {Threei} stop to .34 FB
[09:36] {thomcbell} bbry maybe again with 13.60 break
[09:36] {cipher} ffiv l .12
[09:38] {cipher} out ffiv .-27
[09:39] {cipher} out away .27 +.33
01[09:39] {Threei} FB 1:1
[09:39] {ese} L htz .00
[09:40] {thomcbell} aig 1:2
[09:40] {thomcbell} stop to 38.70
[09:40] {cipher} ffiv l .21
[09:41] {thomcbell} flat aig
[09:41] {cipher} out ffiv +.06
[09:41] {dino} dds drop
[09:42] {cipher} panl drop
[09:43] {thomcbell} jcp on watch for short after this drop
01[09:43] {Threei} Long Setup: LVS .50 break hl
01[09:44] {Threei} If holds .40
[09:44] {thomcbell} didnt get a setup on jcp
01[09:44] {Threei} two-sided
01[09:45] {Threei} .40 break short
[09:46] {cipher} out arun .02 -.13
[09:46] {dptl} you have 1min chart lvs Vad? i dont
[09:46] {ese} L nuan .01
[09:47] {cipher} me neither dp 5 min charts ok
01[09:48] {Threei} 1:1
[09:48] {scottie} +.09 tks Vad
01[09:48] {Threei} same heree, using fsc as backup
01[09:48] {Threei} 1:2
01[09:49] {Threei} ih come on BBRY
01[09:50] {Threei} what disgusting manners
[09:50] {cipher} cree l .97
[09:52] {cipher} swks l .14
01[09:53] {Threei} charts restarted
[09:54] {cipher} out cree -.06
[09:54] {cipher} ssys l .39
[09:57] {cipher} out .67 +.28
[09:57] {thomcbell} qcom a beast ]
01[09:57] {Threei} AFFY lost will to live completely
01[09:57] {Threei} doesn't even try to bounce after such gap
[09:58] {dino} one trick pony
[09:58] {dino} causing deaths
01[09:58] {Threei} looks like
[09:59] {cipher} out swks .24 +.10
[10:00] {nemo} we may just hang here until the Bernanke minutes tomorrow
[10:00] {cipher} grmn l .86
01[10:01] {Threei} speaking of, you can find whole calendar of the week events either here at our FB page http://goo.gl/6rmX9 or trading log http://tradinglog.realitytrader.com/2013/02/coming-this-week.html
[10:02] {cipher} out grmn -.03
01[10:03] {Threei} Short Setup: FB .60 break
01[10:03] {Threei} .50
01[10:03] {Threei} If holds .60
[10:03] {thomcbell} short setup qcom 66.38 break if holding 66.50
01[10:05] {Threei} Long Setup: CAT .55 break hl
01[10:05] {Threei} If holds .45
[10:06] {thomcbell} qcom totally by the book
[10:06] {thomcbell} as market is very strong
[10:06] {ese} out htz .26 +.26
01[10:07] {Threei} no go CAT
[10:08] {nemo} spy fas look short here
[10:08] {dino} ddd sm l .90 pulp
[10:09] {nemo} watch 200 SMA on that one dino
[10:10] {thomcbell} oh aig
[10:11] {dino} out ddd .20, +.30
[10:12] {cipher} gj
[10:12] {dino} \wheres 200 nemo, my charts messed up on its split
[10:13] {dino} 07 red fwiw
[10:14] {nemo} $28.23
01[10:15] {Threei} FB stop to .56
[10:15] {dino} ty
[10:15] {nemo} trading a stock that just split...that's Dino
01[10:16] {Threei} Long Setup: CAT .45 break hl
01[10:16] {Threei} If holds .35
[10:16] {thomcbell} jcp still taking bodies out i see
[10:19] {thomcbell} partialled qcom at 66.31 stop to breakeven
[10:19] {thomcbell} doesnt come in
[10:21] {thomcbell} qcom 1:1
01[10:21] {Threei} market weakens
01[10:21] {Threei} CAT of course too
[10:21] {nemo} [10:08] {nemo} spy fas look short here
[10:21] {thomcbell} qcom 1:2
[10:22] {thomcbell} qcom stop to 66.30 on rest
[10:23] {ese} I like the look of AKAM.......mrkt heading dn and it stays put
[10:24] {thomcbell} flat qcom 66.18
[10:25] {ese} L akam .95
[10:25] {jdetente} stopped FB .56
01[10:25] {Threei} quite listless moves, no drive either way
[10:25] {thomcbell} aig looking for double bottom to emerge
[10:26] {dino} nothing for me either
01[10:28] {Threei} Short Setup: LVS 52 break
01[10:28] {Threei} If holds .10
[10:29] {thomcbell} duh qcom
[10:29] {ese} mrkt.............whats up
01[10:29] {Threei} *(US) FEB DALLAS FED MANUFACTURING ACTIVITY: 17.8 V 3.0E
01[10:30] {Threei} correction: *(US) FEB DALLAS FED MANUFACTURING ACTIVITY: 2.2 V 3.0E
[10:30] {thomcbell} wow
01[10:31] {Threei} heh, wrong number
01[10:31] {Threei} someone seriously mistyped it up there
[10:31] {thomcbell} akam looks like a 36.95 break long
[10:33] {scottie} BTU s .20 ?
[10:33] {ese} L htz .19
[10:33] {cipher} mdvn l .59
01[10:33] {Threei} BTU, yes
[10:34] {ese} nuan acting like a non performing loan
[10:34] {cipher} becn l .15
[10:35] {cipher} out mdvn .71 +.13
[10:36] {thomcbell} jcp two sided 22.55 22.65
[10:37] {cipher} bjri l .62
01[10:38] {Threei} Long Setup: BBRY .45
01[10:38] {Threei} If holds .35
[10:39] {ese} am up .0034 akam..........think I should sell?
[10:42] {dino} immediately
[10:42] {cipher} wdc l .55
[10:43] {thomcbell} long setup aig 38.22 break if holding 38.15
[10:43] {ese} good bbry call vad
01[10:44] {Threei} not yet
[10:44] {dino} esv sm l .34
[10:44] {ese} L akam avg .97
[10:45] {cipher} line l .07
[10:45] {thomcbell} aig briefly 1:1
[10:45] {thomcbell} cleaning up jcp flat at 22.54
[10:45] {cipher} out becn .42 +.27
[10:46] {dino} gj
[10:46] {scottie} stop on bbry ?
01[10:46] {Threei} but getting theretouched 1:1...
01[10:46] {Threei} umm
01[10:46] {Threei} touched 1:1
[10:46] {cipher} out bjri .78 +.16
[10:46] {thomcbell} stop aig to 38.22 break even - even though i did not get taken at 38.32
01[10:46] {Threei} either .39 of .44
[10:47] {scottie} partial fill only
[10:47] {cipher} out wdc .50 -.05
[10:50] {ese} alright!!!!!!!.......who on this board is responsible for the market ehhhhh? submit your order.....tell it to got up
01[10:51] {Threei} hmmm
[10:51] {nemo} nflx looks short here
01[10:51] {Threei} who said we want it to go up?
[10:51] {cipher} out line .00 -.07
[10:51] {nemo} I'm short ese
[10:51] {ese} ummmmmm
[10:54] {thomcbell} spy weekly pivot 151.78
[10:54] {thomcbell} pivot from last week rather
[10:55] {dino} chuy drop
[10:55] {thomcbell} akam still impressive
[10:57] {nemo} we got some good volume a couple of minutes ago on spy at support, but it wasn't definitive volume
[10:57] {nemo} o.k. now they're trying to put in a bottom
[10:58] {dptl} scottie, you in btu?
[10:59] {scottie} yes .19
[10:59] {dptl} ok same here
01[10:59] {Threei} Long Setup: C .85 break
01[10:59] {Threei} If holds .75
01[11:02] {Threei} grrr
[11:03] {scottie} half out BTU
01[11:03] {Threei} finally
01[11:04] {Threei} this one took its sweet time
[11:04] {dptl} i am all out ty
[11:05] {scottie} yw
[11:06] {cipher} line l .76
[11:06] {cipher} gap fill line
[11:07] {scottie} half out BBRY as well
[11:08] {cipher} asml
01[11:08] {Threei} BBRY might reach 1:2 this millenia
01[11:09] {Threei} Long Setup: WFC .65 break
[11:09] {cipher} ebay l .78
01[11:09] {Threei} If holds .55
[11:09] {ese} still a good call....strong against the mrkt
[11:09] {scottie} out BTU
[11:11] {thomcbell} jcp looks like more of a long now 22.49 break long in our time frame of 1 minute chart - 10 minute still looks like could be a short chart
[11:12] {cipher} cstr l .21
[11:14] {dptl} LCC .25 short?
[11:14] {cipher} exxi going fot the gap
01[11:15] {Threei} not sure LCC
01[11:15] {Threei} very slow
[11:15] {dptl} k
[11:15] {scottie} in .65
[11:15] {dino} ssys sm l .28
01[11:16] {Threei} just got e-mail from nemo... starts with: "I don't like morning people... Or mornings... Or people..."
[11:17] {cipher} exxi l .53
01[11:18] {Threei} ese... you noticed, Will is not here this morning, and there is a report about gunshots near Strathcona Hotel
[11:19] {nemo} yeah, and I'm still home
[11:20] {cipher} out exxi .48 -.05
[11:20] {ese} ya........saw that in the paper
[11:20] {ese} rather online paper
[11:20] {ese} where the frig does somebody get guns here
01[11:21] {Threei} when it was a problem for criminals
[11:21] {cipher} out ebay .73 -.05
[11:21] {nemo} you still long DDD dino?
[11:22] {dino} out ssys .68, +.40
[11:22] {dino} no nemo, got out +.30 hour ago
[11:22] {nemo} sorry
01[11:23] {Threei} btw guys, remember we spoke of russian road rage videos on Fri, and I said it was a gun instead of a basebal bat in my times
[11:23] {cipher} out cstr .20 -.01
01[11:23] {Threei} here is how I know, remember and it don't miss it:
01[11:23] {Threei} http://www.youtube.com/watch?v=IMjnQ1dvlJM
[11:25] {nemo} .75 area ddd might be shortable
[11:26] {nemo} big train to get in front of though
[11:26] {dino} feel like going green ssys ddd
[11:26] {dptl} SBUX .05 short?
01[11:27] {Threei} hl
[11:27] {ese} out akam .11 +.14 good enough
01[11:29] {Threei} let's scratch WFC
01[11:29] {Threei} stop to .59
01[11:29] {Threei} and try to dump it as close to entry as possible
[11:29] {ese} well................i think the best we can do here is the glass bottle imitation of an AK47
[11:31] {cipher} lnco l .91
[11:31] {cipher} out line -.01
[11:32] {cipher} out lnco .01 +.10
[11:33] {scottie} out bbry
[11:35] {scottie} out wfc
[11:39] {dptl} out sbux
01[11:40] {Threei} wtg
[11:40] {dptl} ty
01[11:45] {Threei} Short Setup: JPM .53
01[11:45] {Threei} If holds .60
[11:45] {scottie} stop ?
[11:47] {scottie} where is 1:1 ?
01[11:47] {Threei} good queastion
01[11:47] {Threei} let's try for under .45 for first partial
[11:49] {scottie} half out .44
01[11:50] {Threei} (IT) Official in the Center Left party (Bersani) comments that another vote may be necessary given current projections of election results- Vote is a blow against Europe and the euro, if projections are confirmed. - Electoral law needs to be scrapped
01[11:50] {Threei} really?
01[11:50] {Threei} you don't like the result, you scrap the law?
01[11:50] {Threei} nice
01[11:51] {Threei} so, Berlusconi might be back at the helm
01[11:51] {Threei} I like it... he is a lot of fun
01[11:52] {Threei} unlike killjoy Holland
[11:53] {dptl} BBRY .35 snort?
01[11:53] {Threei} no, I'd prefer straight-up short of .30 break
[11:54] {dptl} k
[11:54] {dino} spw
01[11:54] {Threei} last island of sanity in the sea of crazy:
01[11:54] {Threei} CA) Canada environmental minister Kent: Have no plans at the moment for a carbon tax; implementing a greenhouse emission policy
01[11:56] {Threei} meanwhile, in the land of crazy, accidental survivors beg for mercy:
[11:56] {scottie} out + .16 tks Vad
01[11:56] {Threei} US business roundtable strategy report indicates strong calls for Federal Govt to increase access to federal land for coal, oil, and natural gas- Requests approval of the Keystone XL pipeline - Notes the need for a streamlined process to approve energy projects - Calls on Federal Govt to respect state's rights in regulation of energy projects taking place on non federally owned lands - Requests Govt reevaluate ethanol mandate
01[11:56] {Threei} :)
01[11:56] {Threei} out 1/4 more
01[11:57] {Threei} want to try for another push with last piece
[11:57] {dino} spw sm s .70
01[11:57] {Threei} market finally found traction
03[11:57] * Retrieving #discussions modes...
[11:58] {dino} cov spw .30, +.40
01[11:59] {Threei} now, look what happens to sovereign state rights when it gets itself in idiotic unions:
01[11:59] {Threei} (PT) Portugal said to be planning to discuss lowering the corporate tax rate with the Troika during the official visi
[11:59] {dptl} BTU 22 short?
01[11:59] {Threei} I doubt it
01[11:59] {Threei} daily's overstretched
[11:59] {dptl} i see
01[11:59] {Threei} not worth the risk, snapback can be vicious
01[12:00] {Threei} actually I'd start looking for reversal setup on it
01[12:00] {Threei} so, get this about Portugal?
01[12:00] {Threei} they have to ask permissions from "troika" to change their corporate tax rate
01[12:00] {Threei} within their own friggin country
01[12:04] {Threei} Long Setup: BTU .05 break
01[12:04] {Threei} .98 stop
[12:05] {dino} spw sm s .90
01[12:06] {Threei} that's what would happen to 22 short, dp
01[12:06] {Threei} meanwhile, half out on bounce play
[12:08] {dino} cov spw .40, +.50
01[12:09] {Threei} nice and easy
[12:09] {dptl} out btu ty
01[12:09] {Threei} yw
01[12:10] {Threei} very clean example of how one side gets overconfident, and overstays its welcome
01[12:10] {Threei} 4 red days in a row, runs into major support
01[12:10] {Threei} no consalidation whatsoever, just tries to break support on the run,
01[12:10] {Threei} perfect moment for a trap
01[12:11] {Threei} be on the right side of the trap, you get such easy play
01[12:11] {Threei} and folks who shorted 22 help your long by covering in a hurry
[12:23] {dptl} MAS .55 long?
01[12:24] {Threei} can't tell
06[12:30] * Threei kicks BTU in the rear
[12:39] {dino} cg drop
[12:40] {dino} too fast
01[12:51] {Threei} out BTU in full .25
01[12:51] {Threei} as I said... nice and easy
[12:55] {dptl} JCP .05 short?
[12:55] {dptl} or .15 long?
01[12:55] {Threei} latter is more plausible
01[12:59] {Threei} hmmm... nemo, we need to find third one: http://goo.gl/PvuV3
[12:59] {nemo} why?
01[13:00] {Threei} not sure
[13:00] {nemo} that's an issue
[13:13] {dino} ssys sm l .82
[13:17] {dino} out ssys .12, +.30
[13:19] {scottie} CCL s .95 ?
01[13:19] {Threei} nah, too narrow
[13:20] {scottie} tks
[13:24] {scottie} out for an hour or two
01[13:24] {Threei} sure, let us suffer alone
[13:25] {thomcbell} akam day high
[13:27] {thomcbell} aig 1:11 Vad - hehe
01[13:31] {Threei} lol
01[13:42] {Threei} Short Setup: JPM .50 breal
01[13:42] {Threei} Short Setup: FCX 32 break
01[13:43] {Threei} JPM standard, 10 cents... FCX if stays under .06
[13:48] {ese} cya tomorrow......am just watchin anyway
01[13:48] {Threei} take care ese
[13:49] {ese} cya vD
[13:49] {ese} VAD
[13:53] {thomcbell} long setup aig 37.58 break if holding 37.50
[13:53] {thomcbell} 1:2 target
[13:53] {nemo} How long does it take a grasshopper with a wooden leg to kick all the seeds out of a dill pickel?
[13:54] {nemo} Sorry, this is what happens when I dry out
[13:56] {dino} dds sm l .65
[13:58] {jdetente} have another drink nemo
[13:58] {dino} out dds .02, +.37
[13:58] {nemo} thanks for the permission
01[13:59] {Threei} JPM 1:1
[13:59] {nemo} remember my spy short call at 10:08...look at this
[14:00] {thomcbell} it was perfect
[14:00] {thomcbell} it was when there were still many believers
01[14:00] {Threei} Euro vs US Dollar Hits fresh session lows as it approaches 1.3100; lowest levels since Jan 10
[14:00] {dptl} out ty
[14:00] {nemo} I'm a broken clocl...right twice a day
01[14:00] {Threei} I think he knew Italy election exit polls, tbell
[14:02] {thomcbell} aig stopped obviously
01[14:03] {Threei} JPM 1:2, 1/4 more out
01[14:04] {Threei} I want my 1:3 finally
01[14:04] {Threei} annoyed with all the scalping
[14:05] {dino} take what you can get
[14:05] {dino} vmc drop
01[14:05] {Threei} I do... but ashes of prematurely closed positions knock on my heart
[14:05] {thomcbell} nice kiss of underside of the broken spy trendline on the daily this am
01[14:06] {Threei} Euro continues drop
01[14:06] {Threei} but might be forming double bottom here
[14:07] {dptl} NE .10 long?
01[14:08] {Threei} I don't see an ything at .10
01[14:08] {Threei} .15 is a downtrend break
01[14:08] {Threei} .10 is random level
[14:09] {dptl} ok
[14:11] {dptl} what about JCP?
01[14:11] {Threei} ?
[14:12] {dino} vac sm l .33
[14:12] {dptl} was thinking 22 short
01[14:13] {Threei} well, it will help if you ask about particular setup instead of making me guess :)
01[14:13] {Threei} no
01[14:13] {Threei} euro double-botomed as I suggested it could
01[14:14] {Threei} took SPY weith it, and many dumping stocvks started trying to reberse
01[14:14] {Threei} reversal might fail but why would you try and short while it's unclear?
01[14:14] {Threei} flow with the market, don't guess
01[14:15] {Threei} look at euro, look at SPY
01[14:15] {Threei} see what works as an engine today?
[14:16] {dptl} ok so NE .15 long is valid set up?
01[14:17] {Threei} as long as you are OK with stop under 36, and see market continue strenghtening
[14:17] {dptl} i see
01[14:17] {Threei} what would you want FXE to do to support your idea of a long?
[14:18] {dptl} break 130?
01[14:18] {Threei} korreqt
01[14:19] {Threei} SPY, desirably to follow with .90 break
01[14:19] {Threei} if that all aligns and NE is still strong and follows with its own break, tAke it
01[14:19] {Threei} see? so far Euro gainst strength,
01[14:20] {Threei} SPY works hard to follow
01[14:20] {Threei} I am not sure NE is the best candidate to play this bounce, but the general idea is this
01[14:21] {Threei} determine martket action, define your road signs
01[14:21] {Threei} today it's abviously all about Euro,
01[14:21] {Threei} Italy election being main focus of attention
01[14:21] {Threei} tomorrow it will be something else
01[14:21] {Threei} be tuned in to these things, then you have a leading indicator so to speak
[14:22] {dptl} i see
01[14:22] {Threei} alternatively, be dino - play stocks that live in their own world disregarding general market conditions
01[14:23] {Threei} since their own news overpower everything else
[14:23] {dino} "better worlds" theory
01[14:24] {Threei} but you need to pass tough examps to be dino... fight T-Rex on the ground, pterodactyl in the sky and plesiosaur under wanter
01[14:24] {Threei} kill them all, and you are there
[14:25] {dino} as they say, when going thru hell...
01[14:25] {Threei} drink a lot
[14:25] {dino} lol, keep going
01[14:25] {Threei} :)
01[14:26] {Threei} see, I converse with nemo too much
01[14:26] {Threei} my versions of sentence ends start looking alcohol-soaked
[14:27] {dino} i can understand and relate to that, but there are times that we must trade sober
[14:27] {dino} as the saying goes....traders trade and risk is our business
[14:28] {nemo} hah, more risk in marriage
[14:29] {nemo} peanut galler suddenly quiet....
[14:29] {nemo} reality hurts...
[14:37] {dino} stz spike
01[14:39] {Threei} Australia election, looks like change of govt too
01[14:39] {Threei} moving to the right
[14:46] {dino} vac to .39, don't like mkt drop
[14:48] {nemo} finnies very weak, market trap door could open
[14:48] {nemo} finnies hit below s3 on daily, iwm there now, spy low is S2
[14:56] {dptl} VZ .95 long?
01[14:58] {Threei} toughie... don't know
[15:10] {dino} esv working on the dec. gap
[15:19] {dino} filleds
01[15:20] {Threei} Short Setup: WFC .15
01[15:20] {Threei} If holds .25
01[15:27] {Threei} feels like good whoosh is too come
01[15:27] {Threei} -o
01[15:29] {Threei} 1:12
01[15:29] {Threei} 1:1
[15:41] {dino} vac stop +.06
[15:43] {jdetente} wow VIX taking off like a rocket
[15:45] {dptl} have a good night all
[15:45] {dino} cya dp
01[15:49] {Threei} come on WFC
01[15:49] {Threei} give us 1:2 to close the day
01[15:49] {Threei} yesss
01[15:49] {Threei} good boy
01[15:49] {Threei} 1:2, over and out
01[15:50] {Threei} not outstanding but profitable day, despite somewhat shaky start
01[15:50] {Threei} getting my whoosh
01[15:51] {Threei} very nice action, liking it
01[15:51] {Threei} hopefully it's not one day selloff but serious trend
01[15:54] {Threei} 1:3... ugh
01[15:54] {Threei} ok guys, thank you all
01[15:54] {Threei} have a good evening, see you tomorrow
[15:54] {jdetente} have a good one Vad
[15:55] {dino} gn all
[16:00] {dino} 300 pt dji range day
