Thursday, March 7, 2013

March 07 2013

Not as spectacular as yesterday but still nicely profitable day. 



Session Time: Thu Mar 07 00:00:00 2013
[08:59] {patel} Good Morning!!!
01[09:02] {Threei}  morning patel
[09:02] {dino} gm
01[09:02] {Threei}  dino :)
[09:03] {jdetente} Good morning
01[09:05] {Threei}  jd :)
[09:10] {scottie} good morning
01[09:11] {Threei}  scottie :)
[09:18] {dptl}  gm
01[09:18] {Threei}  dp :)
[09:20] {Will49} gm
01[09:20] {Threei}  will :)
[09:24] {ese} gm
01[09:24] {Threei}  ese :)
01[09:25] {Threei}  likewarm gap up
[09:25] {Will49} ese..are you all clmed down this morning?
[09:25] {Will49} calmed
[09:26] {ese} kinda
[09:26] {ese} was not in a good mood yesterday
[09:26] {Will49} really
[09:26] {Will49} we love you anyway
01[09:27] {Threei}  who needs calming down before ferst trades, and some distraction for the first chaotic minutes, here:
[09:27] {cipher} gm
01[09:27] {Threei}  http://photography.realitytrader.com/2013/03/twilight-sunsets-and-other-dark-matters.html
01[09:27] {Threei}  cipher :)
[09:27] {ese} parent wants to take her kids on a cruise right in the middle of the Memphis trip the R&B band has planned....effectively destroying one of the greatest opportunities a school band will ever have
[09:28] {Will49} wow
[09:28] {ese} the trip was sponsored by one of the founding directors fo the Canadian JUNO awards
[09:28] {ese} kid not kids
[09:28] {Will49} is she seeing the error of her ways?
[09:28] {ese} nope
[09:29] {nemo} kill the bitch
01[09:29] {Threei}  no replacement?
[09:29] {ese} lol
[09:29] {Will49} can see why you were bugged
[09:29] {nemo} send me a ticket
[09:29] {ese} not yet
[09:29] {ese} do you play alto sax nemo
[09:29] {nemo} no...I'll kill the bitch
01[09:29] {Threei}  ok... thinking short but will wait couple min
[09:30] {nemo} I need you to get aboutt 20 liters of Lye though
[09:30] {ese} lol
01[09:30] {Threei}  GG
[09:32] {nemo} this market is going up forever
[09:32] {cipher} rost l .90
[09:32] {nemo} whoa commie phone company
[09:32] {thomcbell} jcp
[09:33] {cipher} ibb l.33
01[09:33] {Threei} Short Setup: GG  .50 break hl
01[09:33] {Threei}  If holds  .60
01[09:33] {Threei} Short Setup: SLW  .50 break
01[09:33] {Threei}  hl
01[09:34] {Threei}  If holds  .60
01[09:34] {Threei}  change SLW to .60 break
01[09:35] {Threei}  Invalidated
[09:35] {Les} I'd say good morning but Fusion is pissing me off and it's all Nemo's fault
01[09:36] {Threei}  no go GG
[09:36] {nemo} I am a mere cat
[09:36] {Les} :)
[09:37] {cipher} out ibb -.06
[09:38] {ese} gdx
[09:40] {dino} nsm sm l .19
01[09:40] {Threei} Short Setup: LVS  .75 break hl
01[09:40] {Threei}  If holds  .85
01[09:41] {Threei}  lol
[09:41] {cipher} +. 28 nsm thx dino
01[09:41] {Threei}  good luck getting that fill
[09:41] {jdetente} yeah that was a miss err
[09:41] {dino} out nsm .59, +.40
[09:41] {cipher} out rost .36 +.46
01[09:42] {Threei}  too bad, drops nicely
[09:42] {dino} gj, np cipher
[09:42] {Les} outside 15 min bb's likely to bounce back
[09:42] {nemo} think lvs two way here
[09:43] {cipher} sgen l .27
[09:44] {Les} long .73 on paper
[09:45] {Les} partial .85
[09:45] {cipher} scty l .03
[09:46] {Les} all out .95
01[09:47] {Threei} Short Setup: SLW  .90 break
01[09:47] {Threei}  If holds  32
[09:47] {nemo} that's two way too
01[09:49] {Threei}  1:1
[09:49] {cipher} out scty .68 +.65
[09:50] {dino} nice
01[09:50] {Threei}  1:2
[09:51] {cipher} BBRY L .00
[09:51] {cipher} out .15 +.15
[09:52] {ese} good one C
[09:52] {cipher} ty
[09:52] {dino} nsm sm l .00 trigger, gappy
01[09:52] {Threei}  last 1/4 stopped on a trail .81
[09:53] {cipher} out sgen .43 +.24
[09:54] {ese} am eyeing nsm as well dino
[09:55] {ese} L nsm .94
[09:56] {ese} ugly .08 spread though
[09:56] {Will49} not ugly enough for our gunslingers
[09:56] {ese} tis true tis true
[09:56] {Les} oh btw vad, where's my 'yw' welcome this morning?
[09:57] {thomcbell} long setup mtg - 5.14 braek if holding 5.05
[09:57] {ese} will what are you doing tomorrow night?
01[09:57] {Threei}  I decided to save some innocent pixels
[09:57] {Les} what a guy
01[09:57] {Threei}  lord knows we murder enough of them here
[09:57] {dino} nsm, f the spread ese, thru size
[09:57] {Will49} no plans ese
[09:58] {ese} come and meet my wife and I over at the Oak Bay Beach hotel for a Grimbergen beer
[09:58] {Will49} let me check with wife
[09:58] {Les} vad SLW sitting smack on VWAP support here
[09:58] {cipher} scty l .09
[09:58] {ese} after the week i've had it'll be 2 of them for sure
01[09:59] {Threei}  hmmm... I am not invited...
[09:59] {Les} short slw again .82
[09:59] {Les} cover .70 easy money
[09:59] {Will49} she says yes
[09:59] {dino} w/ya cipher scty
[09:59] {Will49} what time?
[10:00] {ese} somewhere between 7 and 8 depending on when we get get done helping our son deliver his papers
[10:01] {Les} oh look you guys are scaring the other traders off
[10:01] {Les} bunch of pissheads
[10:01] {ese} will know a little closer tomorrow.......ah....lets say 8
[10:01] {Will49} 8 it is!
01[10:01] {Threei} Short Setup: GDX  .50 break
01[10:01] {Threei}  If holds  .60
01[10:02] {Threei}  Invalidated
[10:02] {ese} ok ...now onto something not as important ...let me see......hmmm trading...ya thats it
[10:03] {Will49} Vad's dating site
01[10:03] {Threei} Long Setup:  HIG  .20 break
01[10:03] {Threei}  If holds  .10
[10:03] {cipher} prgo l .69
[10:04] {dino} out scty .34, +.30 ty cipher
[10:06] {cipher} gtls l.77
[10:06] {cipher} np
[10:07] {dino} nsm tightening
[10:09] {cipher} rost l .76
[10:11] {cipher} scty bid
[10:14] {cipher} out scty .60 +.51
[10:14] {dino} nsm sm l .57
[10:14] {Will49} nice C
01[10:15] {Threei} Long Setup:  CAT  .85 break hl
01[10:15] {Threei}  If holds  .75
[10:16] {dino} mdp sm l .50
[10:17] {ese} in .86
[10:19] {thomcbell} mtg didnt quite make it and stopped
[10:20] {ese} L some more cat avg .93
[10:20] {ese} .83
01[10:20] {Threei}  .25 break should launch HIG
01[10:21] {Threei}  here we go
01[10:21] {Threei}  or as nemo'd say, thar she blows
[10:21] {Les} him and that rabbit of his...
01[10:22] {Threei}  half out
[10:22] {ese} mrkt tentative.....not helping things
[10:22] {scottie} half out
[10:22] {nemo} look at how tight the range
01[10:22] {Threei}  yeah, SPY looks hesitant
[10:22] {nemo} plus you have initial stress test reports after close today
01[10:23] {Threei}  no go CAT
[10:23] {ese} rats stopped cat .71 -.12
[10:24] {Les} bearish divergence on the 15 min range here in SPY nemo
[10:26] {ese} L cat .72
[10:31] {ese} come on there little kitty kitty......lets more than make up for the little divey divey
[10:31] {ese} yes yes
01[10:31] {Threei}  (KR) US Envoy: Will not accept North Korea as a nuclear state; assures Japan and South Korea of extended missile defense and nuclear deterence- Notes that the US will not reward North Korea for returning to nuclear talks - Separately UN Security Council unanimously approves new sanctions on North Korea after latest nuclear test. US Sec to the UN Rice: New sanctions will 'bite hard'; North Korea will achieve nothing by making threats and provocations
01[10:32] {Threei}  don't they know, they just need to play basketball with NK leader
[10:32] {Les} ?
01[10:32] {Threei}  look up dennis rodman and north korea
[10:32] {ese} nice cat...........here kitty kitty
[10:32] {patel} I say Dennis Rodman should be US ambassador to North korea.
[10:32] {patel} lol
[10:33] {cipher} mdco drop
[10:33] {cipher} mdco l .00
[10:33] {dino} rodman should move there
[10:33] {patel} yeah he fits in really well
[10:33] {ese} nice kitty ,,,,nice kitty
[10:34] {nemo} mmmhhh....lost power in the storm
[10:34] {ese} all you need is one trade per day........as demonstrated by cat and ese
[10:35] {Will49} wtg ese...3 beers for you
[10:35] {ese} out cat .01 +.29
[10:35] {ese} and for you
[10:35] {jdetente} gj ese
[10:35] {patel} nice
[10:35] {ese} tks
[10:37] {dino} gj
[10:37] {cipher} rost blood
[10:38] {scottie} CSCO l .90 ?
[10:38] {dino} mdp stop -.22
[10:39] {cipher} rost cap coming
[10:39] {ese} mrc
01[10:39] {Threei}  too narrow for my taste scottie
[10:39] {cipher} rost vl.78
[10:39] {scottie} tks
01[10:40] {Threei}  20 cents range so far
[10:40] {cipher} was off by 2 pennies on rost
[10:41] {ese} What does this mean?:06 Mar 15:24[MRC] Majority shareholder PVF Holdings LLC upsizes common stock offering from 17M to 23M shares, will sell at $28.00/shr in registered underwritten public offering .............somebodies dumping stock right?
01[10:41] {Threei}  increased secondaries
[10:42] {cipher} out rost .88 +.11
[10:42] {ese} dilution then
[10:43] {cipher} out mdco .13 +.13
[10:44] {cipher} rost reload .82
[10:44] {dino} dgaz sm l .00
[10:45] {cipher} out rost .98 +.16
[10:45] {cipher} dgaz l .05
01[10:46] {Threei} Short Setup: GDX  .50 break
01[10:46] {Threei}  If holds  .60
01[10:51] {Threei}  GDX not a scalp
[10:52] {thomcbell} cit takeover rumor and great chart
01[10:54] {Threei}  1:1
[10:54] {ese} lookin good vad......nice one
01[10:55] {Threei}  1:2
[10:56] {Les} nice of the silver bugs to give the heads up
[10:56] {ese} silver bugs?
[10:56] {patel} yes
[10:56] {patel} .31
[10:56] {Les} the believers holding SLW
[10:56] {ese} ah
[10:56] {Les} dropped first
01[10:57] {Threei}  SLW .60 was perfect short setup, I missed it... so was looking for a sympathy play
[10:57] {Les} I totally sympathise
[10:58] {ese} ya me too
[10:58] {Les} seems 10 dma was enough to stop buyers in their tracks
[10:58] {ese} it's too bad you had to make money on gdx
[10:58] {ese} feel bad about that for you
01[10:58] {Threei}  and since I am very emphatic about goldbugs' suffering...
[10:58] {ese} indeed
[10:58] {Les} empathic you mean?
01[10:59] {Threei}  you mean I an eqspekted to spell things right?
[11:00] {Les} dunno. empathic and emphatic have two very different meanings
[11:00] {cipher} amcx drop
[11:00] {nemo} lymphatic?
[11:00] {Will49} autocratic?
[11:01] {cipher} amcx l .04
[11:01] {ese} L some more nsm avg .65
[11:01] {cipher} enoc l .65
[11:01] {ese} enoc already?
[11:02] {ese} or is that enough already?
[11:02] {Les} given your attitude to gold bugs I'm inclined to think you have very emphatic attitude towards their suffering ;)
[11:03] {cipher} out amcx .15 +.11
[11:04] {ese} here kitty kitty...........l cat .99
[11:07] {nemo} vrtx might be worth a try here
[11:07] {Les} ty for GDX stopped out last part .41
[11:08] {ese} nice kitty....nice kitty.......
[11:08] {ese} thats a good kitty........good pee in nemos yard....there you go
01[11:09] {Threei}  yw
[11:10] {jdetente} yes thank you Vad...holding for 37.20 on my last quarter
[11:11] {jdetente} and got it
01[11:11] {Threei}  here it is
01[11:11] {Threei}  wtg
[11:11] {Les} shoulda woulda coulda
[11:12] {jdetente} I'm becoming more patienter...
[11:12] {jdetente} ha
[11:12] {nemo} where did you go long cat, vad?
01[11:12] {Threei}  ?
[11:12] {nemo} simple question?
01[11:12] {Threei}  betterer spellerer too jd
[11:12] {ese} it's me .99
[11:12] {nemo} TAKE YOUR HANDS OFF THE BOTTLE!
[11:13] {cipher} lamr drop
[11:13] {cipher} lamr l .41
[11:13] {nemo} my power went out, remember?
01[11:13] {Threei}  this is what we have #floor for, nemo... uncluttered way to see the calls
01[11:13] {Threei}  ahhh
[11:13] {ese} nice kitty....nice kitty....... 08:08 ese thats a good kitty........good pee in nemos yard....there you go
01[11:13] {Threei}  OK, you are forgiven
[11:13] {nemo} thanks Pahan, now where?
01[11:14] {Threei}  10:15] {Alert} Threei Long Setup: CAT .85 break hl
01[11:15] {Threei}  OK, time to look at photos
01[11:15] {Threei}  http://photography.realitytrader.com/2013/03/twilight-sunsets-and-other-dark-matters.html
[11:16] {dino} esv sm l .50
[11:16] {jdetente} got that email last night Vad. Great photos.
[11:16] {cipher} out lamr .59 +.18
01[11:16] {Threei}  :)
[11:17] {cipher} out dgaz .35 +.30 thx dino
[11:17] {cipher} shpg drop
[11:17] {Les} .90 vwap plus today's opening on CAT ese
[11:20] {ese} y
[11:20] {dino} out dgaz .23,
[11:20] {dino} +.23
[11:21] {dino} nsm sm l .50
[11:29] {Les} bands tight in GDX and slw
[11:29] {nemo} nsc
01[11:30] {Threei}  watching LVS for bounce to short
01[11:33] {Threei} Short Setup: LVS  .30 break hl
01[11:33] {Threei}  If holds  .40
[11:33] {dino} out nsm .84, +.34
[11:42] {cipher} out gtls .07 +.30
01[11:43] {Threei}  no go
[11:45] {nemo} look at spy and iwm on 3 minute strong trends
[11:46] {cipher} cone drop
[11:47] {cipher} cone l .17
[11:53] {cipher} gtls l .01
[11:55] {cipher} gtls stop .02 +.01
[11:59] {cipher} out cone .60 +.43
[12:01] {Will49} crank'em out cipher
[12:01] {cipher} hibb drop
[12:02] {Will49} machine-gun cipher
[12:02] {dino} gj
[12:03] {cipher} incy l .63
[12:07] {cipher} hibb l.99
[12:11] {ese} L some more nsm avg .30
[12:13] {cipher} breaking rules ese?
[12:13] {ese} y
[12:13] {dino} becoming an iwestor?
[12:13] {dino} inwestor?
[12:14] {ese} no
[12:14] {dino} it does look like its going up
[12:14] {ese} smelling some money
[12:14] {dino} 39.40 target
[12:14] {ese} don't try this at home
[12:14] {cipher} out incy .75 +.12
[12:18] {dino} nsm sm l .75
[12:19] {cipher} out hibb .06 +.07
[12:21] {cipher} cost drop
[12:21] {cipher} cost l .11
[12:22] {thomcbell} one more time mtg - 5.14 long break if holding 5.08
[12:23] {thomcbell} may need a day to digest this big secondary
[12:23] {thomcbell} but demand for the shares is definitely there
[12:25] {Les} ty cipher COST for .10
[12:25] {cipher} np
[12:26] {cipher} shold go to .40 aat least
[12:26] {cipher} should
[12:26] {Les} need to get a better feel for these things. picked up a couple of dead ones like HIBB cost me a couple of cents
[12:28] {cipher} out cost .43 +.32
[12:28] {cipher} perfect
[12:28] {cipher} doesn't get any better than that
[12:29] {Les} LVS trying for .50 here
[12:29] {cipher} les, yeah hibb was a bummer
[12:29] {cipher} got stopped for a small profit
[12:29] {Les} had expectations to high. didn't make my offer of .10
[12:36] {nemo} see how tight the range is today Les?
[12:40] {Les} huh?
[12:40] {nemo} about your expectations
[12:41] {Les} :)
[12:44] {Les} charts suggesting GS ready to roll over
[12:45] {nemo} not unless xlf rolls over or iwm or spy GS index unto itself
[12:45] {nemo} +stress test results after close, don't you find it interesting GS so strong before stress test results
[12:46] {dino} i would expect it to be non-issue for gs
[12:46] {nemo} that's my point, they tend to be a canary in the coal mine regarding the market too, so they are very strong...mmmmmmmmmmhhhhhhh??????
[12:47] {dino} yeah, i don't think it matters to most of the banks
[12:48] {cipher} vrsn l .01
[13:04] {ese} gotta go all........my little tour nightmare is back on my front page
[13:04] {ese} cya tomorrow
[13:04] {Les} cioa'
[13:05] {Will49} be good ese
[13:08] {dino} unxl
[13:08] {dino} none avail here
[13:09] {dino} tup drop
01[13:10] {Threei}  for crying out loud
01[13:10] {Threei}  White House: US fully capable of defending against North Korean ballistic missile attack
01[13:10] {Threei}  I hope so!!
01[13:11] {Threei}  with biggest military in the world and history, vs. the poorest schmacks on the planet
[13:11] {cipher} out vrsn .14 +.13
[13:11] {nemo} we oughta' make N Korea a nuclear test area
[13:11] {dino} indeed
[13:11] {dino} tup sm l .41
[13:11] {cipher} tup l .35
[13:11] {Les} :) cold war dead and buried vad no one remembers the nuclear umbrella
[13:12] {nemo} wish we could say the same about you
[13:12] {nemo} over the top?
[13:12] {dino} yeah
01[13:13] {Threei}  Facebook Announces redesigned news feed: want to give users a "personalized newspaper"- Feeds should include top stories in your personal areas of interest and ability to add items from any source you want including pictures and pins from Pinterest. - Allows sorting news feeds by topic. - Zuckerberg shows images of the revamped news feeds including a mobile version
[13:13] {Les} lol
01[13:14] {Threei}  stock says "eh"
[13:14] {thomcbell} monetization?
[13:15] {Les} vwap is .05
[13:15] {Les} .07
01[13:15] {Threei}  all their tweaking of late feels like they are out of ideas
[13:15] {dino} out nsm .14, +.39
[13:15] {Les} yep
[13:16] {Les} ty dino TUP +.14
[13:16] {cipher} tup should go to .70
[13:17] {cipher} cprt drop
[13:17] {jdetente} dino thanks +.40 NSM
[13:19] {dino} np
[13:19] {dino} just doing my job
[13:19] {cipher} vrsk drop
[13:19] {nemo} just the facts mam
[13:19] {jdetente} https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEihZcroGvKPzdipa5zvmq8N9Oz2GBv0vEb9XaZ4fWljFDrw4HiChbKryXDZ79Vmx6yfEzUNP1iF0prv29EC7Pg6FXUlGVKHohxPJz0GLrPXQQIy3cmgr1eeXJAL7R8e8nnc7wx3-RMJ6sc6/s1600/friday.jpg
[13:20] {nemo} nice
[13:20] {Les} vad SLW back to lows
[13:21] {Les} heading to 31?
01[13:21] {Threei}  you want me to predict what happens next?
[13:21] {Les} :P
01[13:21] {Threei}  I am simply watching for setups
[13:21] {cipher} out tup.48 +.13
[13:21] {thomcbell} mtg invalidated
[13:22] {Les} .10/.15?
01[13:22] {Threei}  leave that crap to those who never learned to trade but for some reaon think they know how to do that, as if trading skills are birthright
[13:22] {Les} suggesting it was magnet from here
01[13:22] {Threei}  I don't see any setups so far
01[13:23] {Threei}  .20 break was more or less
[13:23] {Les} k
[13:24] {cipher} vrsk l .03
[13:27] {dino} out tup -.08, stupid
[13:28] {cipher} rost l.50
[13:29] {cipher} out .69 +.19
[13:30] {thomcbell} what do u think vad fb
[13:30] {thomcbell} looks like a short break there
[13:30] {dino} sell the news, imo
01[13:31] {Threei}  hard to tell
[13:31] {thomcbell} come on bounce it back up to 28.10
01[13:31] {Threei}  looks short but
01[13:31] {Threei}  something in me whispers "trap"
[13:31] {Will49} the natives are getting restless to trade
[13:33] {dino} nav?
01[13:34] {Threei} Short Setup: GDX  .10 break
[13:34] {cipher} out vrsk .17 +.14
[13:34] {nemo} this market makes me so itchy to do something
01[13:34] {Threei}  If holds  .20
01[13:35] {Threei}  it's like honduras from ancient russian joke nemo
[13:35] {thomcbell} feel like it is short with lod target
[13:35] {cipher} amzn s .51
[13:35] {thomcbell} fb
01[13:36] {Threei}  in far east, the least likely place to discuss anything but the daily necessities, two locals with bottle of vodka, in contemplative sielnce
01[13:36] {Threei}  one suddenly says: You know, this Honduras worries me...
01[13:37] {Threei}  another: don't scratch it, it won't bother you
[13:37] {nemo} hehehehehe
[13:38] {Will49} lol
[13:39] {dino} nav sm s .25
[13:41] {cipher} cov amzn .42 +.09
[13:42] {dino} cov nav .89, +.36
[13:42] {cipher} gj
[13:42] {dino} ty
[13:47] {Les} had right idea on GS but mostly terrible setups except one. Thought I'd duck in and out but this stock bounces around harder than a chinese laundry girl
[13:47] {Les} the triple top becomes apparent in hindsight 20/20
[13:49] {Les} FB stuck at VWAP resistance.
[13:56] {jdetente} what do you think Vad keep normal stop or move to .16?
01[13:56] {Threei}  let's move to .16
[13:57] {nemo} ohoh, power getting iffy again
[14:00] {jdetente} meh
[14:00] {Les} check for fried rabbit...
[14:01] {cipher} ntap drop
[14:01] {dino} elli drop
[14:02] {cipher} ntap l .01 stop.96
[14:03] {dino} esv stop -.22
[14:10] {patel} GDX held the original stop.
01[14:10] {Threei}  ugh
[14:10] {patel} sucks
01[14:11] {Threei}  shouldn't have trailed
01[14:11] {Threei}  oh well
01[14:11] {Threei}  but I'll suggest... if 6 cents stop deserves definition "sicks"... you need to rethink priorities {G}
01[14:11] {Threei}  sucks
[14:12] {cipher} cprt drop
[14:12] {cipher} cprt l.92
[14:15] {dino} nav break .75 trig short
[14:16] {cipher} elli l .25
[14:17] {cipher} out cprt .10 +.18
01[14:20] {Threei} Short Setup: SLW  31 break
01[14:20] {Threei}  If holds  .10
[14:21] {cipher} ntap 1:1 lol
01[14:22] {Threei}  friking GDX
01[14:23] {Threei}  right idea, flawed execution
[14:23] {Les} GDX .83 daily pivot
01[14:23] {Threei}  1:1 SLW
[14:24] {Les} I shorted both
[14:24] {cipher} out elli.42 +.17 thx dino
[14:24] {cipher} ntap 2:1
[14:25] {dino} np
[14:25] {jdetente} jeez GDX...sorry I mentioned tighter stop
01[14:25] {Threei}  that'll teach you
[14:25] {Will49} all your fault jd:)
[14:25] {jdetente} for shame
[14:25] {Les} so just as GDX dropped sympathetically with SLW leading previously, SLW bounce at pivot 31 was enough to get bottom fishers on board
[14:26] {cipher} ntap 3:1
[14:26] {cipher} out ntap .16 +.15
[14:26] {cipher} stop was .05
[14:29] {Les} nice one gave itup as a sleeper
[14:29] {cipher} 5:1 now
[14:30] {cipher} les one thing I learned...
[14:31] {cipher} you can never tell in advance which one will work and which won't
[14:31] {cipher} I'm not into guessing
[14:31] {cipher} I take ALL valid setups
[14:31] {cipher} my hit rate is up there
01[14:31] {Threei}  that's the spirit
[14:31] {cipher} so if a dus comes along so be it
[14:31] {cipher} dud
01[14:31] {Threei}  see them - take them - let market sort it out
[14:32] {Will49} some do, some don't...next!
[14:32] {cipher} that's correct, I learned from vad
[14:33] {Les} fair enough, but can't watch .05 stop on these fast droppers and live trades at same time. So I dump the paper trade
[14:33] {cipher} oh I see
[14:33] {cipher} didn't know it was paper
[14:34] {cipher} :)
[14:34] {Les} gotta get my account in shape before playing these extras
[14:38] {cipher} aegr drop
[14:39] {cipher} aegr l.32
[14:40] {dino} cov nav .40, +.35
[14:43] {cipher} aegr target .50+
[14:43] {nemo} nav looks good to .20ish then maybe to below 30
[14:44] {dino} thinking the same, to vwap perhaps, but it jumps .16 each time it drops, wanted to book it
[14:44] {Les} +.12 AEGR ty
[14:45] {cipher} aegr at target
[14:45] {cipher} out .49
[14:45] {cipher} was it real or paper les?
[14:46] {Les} I'll tell you the day I go real cipher
[14:46] {dino} memorex
[14:46] {cipher} k
[14:47] {Les} but in consideration of limitations of paper account I hit bids and offers instead of laying out bids and offers most of the time
[14:47] {cipher} gotcha
[14:47] {cipher} that way it's more realistic
[14:47] {nemo} so between bank stress test part 1 and the NFP numbers we should hit 156 tomorrow
[14:48] {dino} i nthink we are up every friday this year and down every monday
[14:49] {cipher} cost l .08
[14:49] {cipher} expe on radar
[14:50] {nemo} this market could drive me to drink
[14:51] {Les} trade cipher setups its the next best thing
[14:51] {dino} lots of things do that to me nemo
[14:51] {nemo} yeah, well, you're married
[14:51] {dino} nsm any chance of breaking out here? thinking .00 trig
[14:51] {nemo} ebay
[14:51] {cipher} drinking while trading takes the boredom from it
[14:52] {nemo} 39.25 roof dino
[14:52] {cipher} alny l .56
[14:52] {dino} vwap
[14:52] {nemo} vxx is doing nothing...no fear
[14:52] {nemo} yeah dino
[14:54] {nemo} at this rate, gonna' have really tight pivot ranges tomorrow
[14:56] {cipher} l expe .30 break stop .19
[14:56] {cipher} in expe
[14:57] {nemo} sheesh trip
[14:57] {cipher} cost 1:1
[14:58] {Les} 3 min 15 min macd saying up will hold cipher
[14:58] {cipher} yeah feels like it
[14:58] {cipher} going on gut feel
[15:00] {nemo} market lulls you to sleep drops a little, and now will go for new highs
[15:00] {dino} nav 31.20s w/o me
[15:06] {cipher} expe 1:1
[15:10] {cipher} out alny .72 +.16
[15:11] {cipher} out cost .20 +.12
[15:12] {cipher} out expe .48 +.18
[15:12] {dino} nice trading cipher
[15:12] {cipher} ty
[15:13] {patel} gj cipher
[15:16] {thomcbell} cipher crazy pace
[15:17] {thomcbell} can u count a box of matches when they fall on the floor?
[15:17] {dptl} lol
[15:17] {cipher} lol what do you think I am Rain Man???
[15:17] {Les} nice exit on cost out +.05
[15:17] {thomcbell} hehe
[15:18] {thomcbell} in a good way
[15:23] {nemo} more volume was done in dark pools last month than on open exchanges
[15:29] {dino} nav spike
[15:30] {cipher} brli l.26
[15:31] {Les} COST again at 102 for a scalp
[15:31] {cipher} nice catch
[15:31] {cipher} missed it
[15:32] {dino} nav sm s .75
[15:32] {dino} too soon
[15:32] {cipher} nav is scary
[15:32] {cipher} moves like a drunk in the dark
[15:33] {dino} lol
[15:35] {dino} one hell of a new hire ceo to add 27% in a day to company value
[15:38] {cipher} out brli .33 +.07
[15:39] {thomcbell} cit big move on increasing vol
01[15:41] {Threei} Short Setup: FCX  .20 break
01[15:41] {Threei}  If holds  .26
[15:42] {Les} ty dino caught a .80/.90 setup on NAV cover .54
[15:43] {dino} gj
01[15:43] {Threei}  who hit FCX with 2x4 over the head?
[15:43] {Les} will have to log dino and cipher trades. a few weeks of solid setups like this and I'll have to put 100 shares down
[15:43] {Les} perfect timing vad
[15:43] {Les} pivot and vwap at 33
[15:44] {jdetente} FCX deserved it Vad
01[15:44] {Threei}  just a standard setup
[15:44] {dptl} have a good night all see ya tomorrow
01[15:44] {Threei}  lol jd
[15:44] {dino} cya dp
[15:44] {Will49} peace dp
01[15:44] {Threei}  take care dp
[15:44] {Les} cheers dp
01[15:44] {Threei}  let's cover half FCX here
01[15:45] {Threei}  wanted a scalp only, but it fell so fast, maybe has more
01[15:45] {Threei}  stop .21
[15:50] {nemo} yeah, they're expecting the banks to raise dividends off the reports
[15:53] {dino} stop nav -.27
01[15:55] {Threei}  out FCX in full
01[15:55] {Threei}  nice way to finish the day
[15:55] {jdetente} see 2x4 worked
[15:55] {jdetente} and it deserved it
01[15:55] {Threei}  usually does
[15:55] {Will49} Cheers guys
01[15:55] {Threei}  thank you all
[15:55] {patel} gj on FCX
[15:56] {jdetente} Have a good day all. Thanks Vad.
01[15:56] {Threei}  have a good evening, see you tomorrow
[15:56] {patel} take care all
[15:56] {Les} bye jd
[15:56] {Les} good riddance to him
[15:56] {Les} ciao patel
[15:56] {Les} NAV
[15:57] {Les} .96
[15:57] {jdetente} may you lose on all of your paper trades Les :D
[15:57] {Les} take em as seriously as a real trade jd