Monday, March 18, 2013

March 18 2013

Almost flat, just a tad negative day, as we misjudged the direction in the morning and dug a hole which took the rest of the day to fill. Fill it we did though, with careful inch by inch, step by step trading. Some hated Liza Minnelli reference though.


Session Time: Mon Mar 18 00:00:00 2013

[08:54] {jdetente} good morning all
01[08:55] {Threei}  jd :)
[09:01] {patel} Good Morning
01[09:03] {Threei}  patel :)
[09:13] {dino} gm
01[09:13] {Threei}  dino :)
[09:13] {ese} gm
[09:13] {ese} dino vad
01[09:14] {Threei}  ese :)
[09:15] {dino} the bank runs may begin across the pond
[09:15] {ese} this should be interesting........gold silver precious metals up...everthing else dn?
01[09:15] {Threei}  yes
[09:16] {dptl} gm
01[09:16] {Threei}  dp :)
[09:19] {ese} ddddddddddddddppppppppppppppppp!!!!!!!!!
[09:19] {backman} gm
[09:19] {ese} you'll notice that wasn't very long dp.......indicating i'm tired this morning
[09:19] {ese} usually that greeting is twic as long
01[09:19] {Threei}  backman :)
[09:20] {ese} backman............your Back..............Man!
[09:20] {backman} u got my back, Robin? time for ur spring time song
[09:20] {Will49} gm
[09:22] {ese} will
[09:22] {dino} spring? not here, 16 degrees f at kids bus stop thos morning, 4-6 inches of snow this afternoon
01[09:22] {Threei}  will :)
01[09:22] {Threei}  sheesh
[09:22] {Les} I'm baaaack
01[09:23] {Threei}  nemo issues sigh of relief :)
[09:23] {ese} let the bells ring let the banners fly
[09:23] {ese} les
[09:23] {nemo} think I'll go get a vasectomy
[09:24] {ese} lol
[09:24] {Les} after your sunday report, I'd like to witness that...
[09:25] {nemo} no sense of humor
[09:25] {Les} :)
01[09:26] {Threei}  it was what, about a week or two ehen we had an exchange about too much complacency and sudden even oddsa rising
01[09:26] {Threei}  well, there we go
[09:27] {ese} ok ...heres one for the record books.......due to Will presense last friday at our(whats turning out to be a regular Grimbergen beer night)........it was his turn to buy..........and they give us a free round........talk about luck of the Irish or what
01[09:27] {Threei}  who knew tiny Cyprus can become a trigger to ppotentially EU-breaking down chain of events
[09:27] {Will49} ;)
[09:27] {nemo} The Russian Mob?
01[09:27] {Threei}  nah
01[09:27] {Threei}  they'll swallow it
[09:28] {cipher} gm
01[09:28] {Threei}  cipher :)
[09:28] {ese} C  !
[09:28] {Les} yeh events in Cyprus are certainly one for concern. Very disturbing precedent
01[09:28] {Threei}  (CY) Eurogroup will maintain contact with Cyprus Parliament; could hold a conference call after bank deposit levy vote - financial press**Reminder: Cyprus Parliament vote delayed once again and now expected to take place on Tuesday, March 19th in the late afternoon local time. The original vote was scheduled for Sunday and delayed once again on Monday
[09:29] {ese} ok.......whos shortin what to start?
01[09:29] {Threei}  I an waiting a few minutes
01[09:29] {Threei}  too much emotions and confusion
01[09:30] {Threei}  FB rug pull
[09:31] {ese} FB
[09:31] {ese} opps beat me to it
01[09:31] {Threei} Short Setup: FCX.15  break hl
[09:31] {Will49} let's shoty reshi
[09:32] {ese} is it any wonder......i'm firmly convinced everyone hates that company
01[09:33] {Threei}  you'll have to explain the run from under 17.50 to 32.50 then
[09:34] {dino} qcom feb gap fill, one more from jan 62 area
[09:34] {cipher} AVGO L.12
[09:34] {cipher} SWKS L .02
01[09:36] {Threei} Short Setup: SLW  .70 break
01[09:36] {Threei}  If holds  .80 
[09:36] {cipher} out swks .24 +.22
01[09:36] {Threei}  no go FCX
[09:36] {cipher} out avgo .36 +.35
[09:37] {cipher} sorry +.25
[09:37] {dino} gj
[09:37] {nemo} they couldn'
[09:38] {nemo} push it back to 154, so we goo to 155 likely
[09:38] {cipher} CME L .53
[09:39] {cipher} xone l .95
01[09:40] {Threei}  let's tral to .76
[09:41] {cipher} dtv l .08
01[09:41] {Threei} Short Setup: GDX  .95 break
01[09:42] {Threei}  If holds  .05 
01[09:43] {Threei}  GDX stop .01
[09:44] {cipher} yndx l .65
01[09:44] {Threei}  out SLW
[09:45] {cipher} out yndx .90 +.25
01[09:46] {Threei}  hmmm
01[09:46] {Threei}  not delighted
[09:47] {ese} L akam .51
[09:47] {cipher} bwld l.06
[09:48] {cipher} out cme .60 +.07
[09:49] {dino} ebay sm l .98
01[09:51] {Threei} Short Setup: FB  .35 break
01[09:51] {Threei}  If holds  .40 
[09:53] {Les} nabbed slw .79 shrot
[09:53] {Les} partial
[09:53] {Les} .70
01[09:55] {Threei}  FB should give .15 - .20
[09:55] {cipher} out xone .00 +.05
[09:56] {backman} fb stop .40 o r45
01[09:56] {Threei}  .41
[09:56] {thomcbell} lvs impressive
01[09:57] {Threei}  yeah, but time to seek short entry on it
[09:57] {cipher} out bwld .37 +.35
01[09:57] {Threei} Short Setup: LVS  .50 break hl
01[09:57] {Threei}  If holds  .60 
[09:58] {dino} cvi sm l .25
01[09:58] {Threei}  no go FB
[09:59] {cipher} HAIN L .41
01[10:00] {Threei}  ok LVS, time to trigger and die
[10:00] {Les} q cover .60 slw
[10:01] {cipher} ONXX L .61
[10:01] {thomcbell} ryl drop 
[10:02] {nemo} here comes 155, then we'll see what happens
01[10:02] {Threei}  frikin GDX rinse
[10:04] {cipher} out onxx .47 +.86
01[10:04] {Threei}  wtg
[10:05] {cipher} ty
[10:05] {dino} ebay stop .75, -.23
[10:05] {cipher} out hain .65 +.26
01[10:06] {Threei}  grr
01[10:06] {Threei} Short Setup: GLD  .80 break hl
01[10:06] {Threei}  If holds  .90 
[10:07] {ese} L some more akam avg .54
[10:08] {ese} give it a rest buddy
01[10:09] {Threei}  reshi?
[10:09] {dino} cvi stop .99, -.26
01[10:09] {Threei}  shrug
01[10:10] {Threei}  some think changing name and e-mail entitles them to second trial {G}
[10:10] {Les} well I got in :)
[10:10] {nemo} still at it
[10:10] {nemo} yeah, you're a charity case
[10:10] {Les} :P
01[10:11] {Threei}  GLD stop to .81
[10:11] {nemo} you're kinda' like a Helsinki Syndrome
01[10:11] {Threei}  tagged 1:1
[10:13] {Les} oh it's the same as stockholm
[10:13] {cipher} RYL L .99
[10:13] {nemo} yeah, maybe that's it
[10:13] {Les} SLW bouncing off VWAP resistance. See if it gets sold off again here
[10:13] {Les} still holdinga piece
[10:14] {nemo} might be closer to Thai Gonnarrhea actually
01[10:14] {Threei}  1:1
[10:14] {cipher} BRLI L .68
01[10:14] {Threei}  half out
[10:15] {nemo} o.k ging above 155, we should close the gap if it holds above 155
01[10:15] {Threei}  1:2
[10:15] {Les} scalped GLD south of .70 missed yer original entry +.10 ty
01[10:15] {Threei}  yw
01[10:16] {Threei}  it bounced almost to the entry before dropping though
01[10:16] {Threei}  why not take conervative entry}
01[10:16] {Threei}  ?
[10:16] {Les} looking at the miners
[10:18] {cipher} out brli .91 +.23
01[10:19] {Threei}  1:3 GDL, out
01[10:20] {Threei}  +.29
[10:20] {cipher} pcrx l .55
01[10:20] {Threei} Long Setup:  BBRY  .50 break
01[10:20] {Threei}  If holds  .40 
[10:21] {ese} am getting one of those.."i'll be hitting the golf course in a hour type of plays" with akam
01[10:22] {Threei}  no go BBRY
[10:23] {cipher} ebix l .14
[10:24] {Les} covered final piece of slw
[10:24] {Les} .62
[10:24] {Les} DB'd
01[10:25] {Threei}  wow, too soon GLD
01[10:27] {Threei}  FB haters seem to migrate to some other planet at exactly 9:34
[10:27] {nemo} ok, now we're going for the other half of the gap
[10:27] {dino} hp sm l .49
[10:28] {cipher} LBTYK L .53
01[10:28] {Threei} Long Setup:  FB  .60 break
01[10:28] {Threei}  If holds  .50 
[10:29] {Les} LVS
[10:29] {Les} maybe dt here
[10:32] {ese} out akam .85 +.31.....and i ain't even gonna tell ya the shs..........AND!!!!! i'm even fartur ahead because Will bought the beer last friday and we got a free round...........
[10:32] {ese} farthur
[10:33] {Les} LVS was a dt covered all but a piece .71
[10:33] {Will49} hey....i'm tryin" to trade here
[10:34] {ese} lol
[10:34] {Will49} you're distracting me :)
[10:34] {Will49} as Will tries to find the ignore button
[10:35] {cipher} out LBTYK .69 +.16
[10:35] {Will49} kidding ese
[10:35] {Les} aapl bearish divergence here 
[10:36] {ese} ese.......hangs head from another beating on the board.........slowly walking away mumbling....nobody likes me
[10:36] {cipher} out ryl .21 +.22
[10:37] {Les} market trying to get up but GS stuck at VWAP
[10:37] {Will49} i'm the only one
[10:37] {Les} FB two way vad?
01[10:37] {Threei} Short Setup: C  .20 break
[10:37] {Will49} Will sings 'you've got a friend"
01[10:37] {Threei}  If holds  .30 
01[10:37] {Threei}  looks like Les
[10:40] {ese} lol
[10:40] {Les} lvs fully covered .60 +.18
01[10:41] {Threei}  C stop to .26
[10:42] {cipher} ryl leroad .20
[10:43] {backman} Qcom?
[10:43] {nemo} buy at trend
[10:45] {Les} half covered c ty sir
01[10:45] {Threei}  1:1
[10:46] {cipher} hibb l .04
[10:47] {nemo} banks closed until THursday in Cypress
[10:51] {cipher} out hibb -.09
01[10:55] {Threei}  FB 1:1
[10:55] {Les} ty sir small piece left
01[10:55] {Threei}  day becomes brighter
01[10:56] {Threei}  step by step... trade by trade... (Liza Minelli)
[11:00] {ese} lol
[11:02] {backman} Fb,,,new stop?
[11:02] {nemo} step by step, inch by inch, slowly I turned....
[11:03] {cipher} ALGN L .33
[11:03] {cipher} SGEN L .27
[11:03] {nemo} mmmhhhh lvs long here?
01[11:03] {Threei}  just under b/e, backman
[11:04] {cipher} SHPG L .74
[11:07] {cipher} out algn .47 +.14 
[11:08] {cipher} out sgen .31 +.04
[11:10] {nemo} pay
[11:12] {nemo} Hey Ese! u there?
[11:12] {nemo} http://www.youtube.com/embed/XlyCLbt3Thk?rel=0
[11:14] {Les} took a discrete short on FB at .69 as bearish reversal setup
[11:15] {nemo} http://bit.ly/1155Y1M
[11:16] {Les} oh yes very akward coincidence there Nemo
[11:17] {ese} how does one take a "discrete" short les
[11:17] {ese} am here nemo
[11:17] {cipher} out ebix .19 +.05
[11:18] {ese} reshi.........you bleepin nerd...........give it a break.........for a small fee per month you can join us you dope de do
[11:18] {Les} still in the original long setup ese. That's a Nemo 3 min. bearish reversal job
[11:18] {thomcbell} lvs chart pretty solid in multiple time frames
[11:18] {nemo} see link ese
[11:18] {nemo} above
01[11:18] {Threei}  dome think they are more equal than others
[11:18] {nemo} give me reshi's email
[11:19] {nemo} if he's close to me, give me his address
[11:19] {dino} lol
[11:19] {ese} thats a bit of an eclectic painting/photo
[11:19] {Les} stopped out last piece FB -.01
[11:19] {nemo} cleaned my AR this weekend, it needs a workout
[11:19] {nemo} it's a video ese
[11:19] {nemo} http://www.youtube.com/embed/XlyCLbt3Thk?rel=0
[11:20] {ese} did you say nemo wack job les...........or did i read that wrong
[11:20] {nemo} lucky he's in Switzerland
[11:21] {Les} ese I came back despite financial hardships for two reasons
[11:21] {Les} feel close to profitability
[11:21] {Les} 2. feel close to getting Nemo sent to the madhouse
[11:21] {ese} L akam .85
[11:21] {Les} yes he is a wacko
[11:22] {Les} :)
[11:22] {ese} bit of a bizzare fantasy instrument there nemo
[11:22] {nemo} they threw me out
[11:22] {nemo} I was having a negative effect on the staff
[11:23] {nemo} I was turning them to Taoists, it was too conservative for the liberal theocracy
[11:23] {Les} grind up again
[11:23] {ese} lol
[11:24] {nemo} btu folks
[11:25] {nemo} we close green today
01[11:25] {Threei} Short Setup: CAT  .40 break
01[11:25] {Threei}  hl
01[11:25] {Threei}  If holds  .45 
[11:26] {cipher} rgld l .78
01[11:27] {Threei}  meh
[11:27] {dino} cvi sm l .81
[11:28] {thomcbell} long small lvs here off 53.92 break
[11:28] {Les} GS just hit VWAP again
[11:29] {cipher} out rgld .89 +.11
[11:29] {nemo} shit, bought ryl and didn't know it
[11:29] {ese} think Daniel Craig James Bond Casino scene....they've just fed him poison and he's got sweat rolling down his face ....has too loosen his tie........that me and akam right now...........long some more akam avg .87
[11:30] {ese} sliiping out to my vehicle for adrenalin injection....cya in a sec............
[11:31] {ese} am back........am blind in one eye.....accidentally gave myself the needle in my left eye
[11:31] {ese} ........squinting looking at screen.....
[11:31] {dino} you're a piece of work ese, :)
[11:31] {ese} need to talk les about possible home mortagage to cover expenses
[11:31] {cipher} out shpg -.16
[11:33] {Les} small cat short here .48
[11:34] {ese} small cats usually are short?
[11:34] {backman} ouch
[11:34] {ese} tks
[11:35] {ese} somebody who recognizes good humor when they see it
[11:35] {backman} ice cream?
[11:35] {ese} huh?
[11:35] {Les} error covered nearly all flat in laying out exit. 
[11:36] {backman} good humor ice cream...perhaps ur too young for that
[11:36] {Les} looking like a good thing
[11:36] {jdetente} the good humor man
[11:36] {jdetente} http://newyork.grubstreet.com/13_goodhumor_lg.jpg
[11:36] {Les} stop last piece 1-09
[11:36] {Les} -.09
[11:37] {backman} paper BBRY .22
[11:37] {ese} my goodness.....had no idea
[11:38] {ese} I like that entry there B
[11:38] {ese} kinda my style........
[11:40] {ese} is good humor icecream a franchise
[11:40] {jdetente} it's just a brand
[11:40] {ese} ah
[11:40] {jdetente} I don't think there are brick and mortar locations
[11:41] {ese} had never hears of it before
[11:41] {ese} heard
[11:41] {jdetente} are you in Canada?
[11:41] {jdetente} because I think they only sell in the US
[11:41] {ese} yes ...vads next door neighbor.......i like to throw my empties across the fence in his yard
[11:42] {ese} of course i've noticed an abonormal increase in board fees lately
[11:43] {Les} vad CAT DT setup here?
[11:43] {Les} short under .50?
[11:43] {Les} if holding .60
[11:44] {ese} i think he's out for a smoke in his gazebo
[11:45] {ese} theres no roof on it yet so he could be getting soaked
[11:47] {Les} grind up
01[11:48] {Threei}  maybe now Les
01[11:48] {Threei}  .60 break
[11:48] {ese} am just watching the most important news cast of the day...."Golf Central"
[11:49] {dino} indeed
[11:50] {cipher} SHPG L .41
[11:50] {jdetente} nope...grind up preventing lot of shorts
01[11:51] {Threei}  yeah
01[11:51] {Threei}  hate this type of market
[11:55] {Les} small gs short on paper .95
[11:57] {Les} CAT just reversed at pivot resistance which is also ten dma. looking for a dt
[11:58] {backman} stop BBRY -.04
01[11:58] {Threei} Long Setup:  JPM  .50 break
01[12:01] {Threei}  1:1
[12:01] {Les} GS stopped -.27 and missed JPM bummer
[12:04] {jdetente} JPM good for .09 thanks Vad
01[12:05] {Threei}  yw
[12:06] {jdetente} covered premarket UVXY short + .76
[12:06] {dino} wow, going green
[12:07] {nemo} yep
[12:12] {cipher} rose l .40
[12:13] {cipher} stop .29
[12:14] {Les} CAT shorts working now
[12:14] {Les} starting to come down
[12:14] {cipher} rose l .20
[12:14] {Les} try and grab some index topping action here
01[12:14] {Threei} Short Setup: LVS  .80 break
01[12:15] {Threei}  If holds  .90 
[12:16] {cipher} rose stop -.15
01[12:17] {Threei} Short Setup: CAT  .70 break
[12:17] {nemo} wow Putin sending warships to Cypress
01[12:17] {Threei}  If holds  .80 
[12:18] {Les} lol
01[12:18] {Threei}  what are they going to do, shoot at ATMs?
[12:19] {nemo} Mob doesn't like them screwing with their money...this is a test case for the same thing to happen across the EU
[12:19] {Les} wondering if LVS will try for triple top at .95
01[12:19] {Threei}  what is mob going to do?
01[12:20] {Threei}  who are they going to kneecap?
01[12:20] {Threei}  teller in the bank?
01[12:20] {Threei}  their alternative is bank closing the doors and leaving them with zero
[12:20] {ese} Out 1/2 akam .00 +.13 2k to go ..stop loss in at .84  gonna let it ride
[12:21] {nemo} cat not going down with the market
[12:22] {ese} persistant twerp ole Reshi
01[12:22] {Threei}  quite amazing
01[12:22] {Threei}  are we looking at different cats?
01[12:22] {Threei}  mine drops
[12:22] {ese} been what 3 or 4 days now
[12:22] {Les} short CAT .83 dude
[12:26] {Les} waited for yer trendline break and all... finally
[12:31] {thomcbell} short setup ryl 40.46 break 
[12:31] {thomcbell} if holding 40.56
[12:32] {Les} cover quarter .62 CAT
01[12:32] {Threei}  CAT 1:1
[12:33] {cipher} ryl s .48
[12:34] {Les} GS range bound here watching for a break either way
[12:36] {dino} out advs .83, +.41
[12:36] {dino} chtr
[12:37] {nemo} cree
[12:39] {cipher} rose s .81
[12:40] {Les} bit gappy Nemo. but like the setup
[12:42] {cipher} ryl stop -.12
[12:42] {thomcbell} y me too
01[12:43] {Threei}  LVS 1:1
[12:43] {Les} ty sir
01[12:43] {Threei}  But I do what I can, inch by inch, step by step, mile by mile
01[12:43] {Threei}  http://www.youtube.com/watch?v=chdpiSX2ino
[12:43] {Les} no liza minellie songs please
01[12:43] {Threei}  don't click then
[12:43] {Les} didn't
[12:44] {Les} :)
01[12:44] {Threei}  you know what a gid answered to a visitor who said he didn't like Mona Lisa?
01[12:44] {Threei}  gyude
01[12:44] {Threei}  guide
[12:44] {Les} piss off?
01[12:44] {Threei}  no, it was a very polite guide
01[12:44] {Threei}  she said:
[12:45] {Les} yer comparing liza to the lisa?
01[12:45] {Threei}  young man, she was liked by so many for so long, she can chose now who to be liked by
[12:45] {Les} hmmm. I can dig that
[12:46] {jdetente} how about this one instead of Liza... https://www.youtube.com/watch?v=Jk0dBZ1meio
[12:46] {jdetente} :)
[12:46] {Les} now yer showing yer age JD
[12:47] {jdetente} lol I'm 32
[12:47] {Les} ooops
[12:47] {Les} damn I ain't the youngest inthe crowd anymore
[12:47] {nemo} no, just the _________est!
[12:48] {nemo} You owe me big time Les
[12:48] {Les} vad .50 slwo breakdown?
[12:48] {Les} skw$
[12:48] {Les} slw
01[12:48] {Threei}  with .56 stop, why not
01[12:48] {Threei}  aggressive for ,40
01[12:50] {Threei}  LVS 1:2
01[12:50] {Threei}  out
[12:53] {Les} GDX
[12:57] {Les} CAT full covered +.19
[13:06] {Les} vad GDX 2 way?
[13:06] {Les} include a fade if short proves to be trap?
01[13:06] {Threei}  nah, marginal setup either way
[13:07] {Les} k
01[13:07] {Threei}  more likely to rinse you than to work
01[13:07] {Threei}  this one is for nemo:
01[13:07] {Threei}  You know it's going to be a bad day when your imaginary friend files a restraining order against you
[13:07] {Les} hehehe
[13:07] {Will49} :)
[13:07] {nemo} mjn looks long
[13:08] {backman} and the judge grants it
[13:08] {dino} chtr sm s .80\
[13:13] {jdetente} feels like a good time for a break...
01[13:14] {Threei}  SLW is aboyut to hit 1:1
[13:14] {Les} scalp or you wanna try and run with it?
01[13:15] {Threei}  want to cover half and see if it breaks .40
[13:16] {dino} stop .17, -.37
01[13:21] {Threei}  half out
01[13:22] {Threei}  .41
[13:22] {Les} me 2 ty
[13:22] {nemo} Qs green
01[13:22] {Threei}  inch by inch...
[13:26] {Les} cuttint
[13:26] {Les} cutting the rest +.02
[13:26] {Les} gotta get aikido back into my routine. back for last hour
[13:27] {cipher} CHTR S .68
[13:28] {cipher} RYL S .88
[13:32] {cipher} cov chtr .75 -.07
[13:32] {cipher} cov ryl .73 +.15
[13:35] {cipher} RYL L .56
[13:37] {cipher} CHTR L .01
[13:37] {cipher} out chtr .10 +.09
[13:41] {cipher} chtr l .18
[13:45] {cipher} chtr stopped -.12
[13:47] {cipher} mon l .60
[13:49] {cipher} out .69 
[13:51] {cipher} out ryl .67 +.11
[13:53] {cipher} chtr l .68
[13:55] {cipher} out .92
01[14:05] {Threei}  ok SLW
01[14:05] {Threei}  lose .40 and die
[14:08] {nemo} now we should go up to test the highs
01[14:11] {Threei}  new low SLW
[14:11] {ese} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz head snaps back drool goes flying.....ese gets up and wipes drool of the wall......back in chair...zzzzzzzzzzzzzzzzzzzzzzzzzz
[14:12] {Will49} yikes
[14:14] {Les} waaaiiiit for me slw
[14:15] {Les} forgot the US and Europe are still out of sync with hours. something else to frik me around
[14:16] {nemo} take your meds
[14:16] {Les} you frik me around to
[14:16] {Les} too
[14:16] {Les} damn homophones
[14:16] {nemo} typical liberal, somebody elses fault
[14:16] {Les} typical conservating throwing around typecasts and cliches
[14:16] {Les} conservative
[14:17] {nemo} I'm not a conservative, I'm a Taoist
[14:17] {Les} labels dude labels
[14:17] {Will49} hey! i'm trying to sleep here
[14:17] {Les} IWM trying to grind past a DT here
01[14:20] {Threei}  http://tbi69.wordpress.com/2011/01/23/video-the-italian-carpool-lane/
01[14:22] {Threei}  18:30GMT (14:30ET)- Press reports have indicated that the Cypriot govt may be ready to discuss a revamped proposal for its bank deposit levy on today's call.
01[14:22] {Threei}  - The original plan sought to raise �5.8B by subjecting bank accounts in Cyprus larger than �100K to a 9.9% levy, and smaller accounts at a 6.75% rate. Multiple senior European officials today have indicated that Cyprus can tweak those numbers to quell the ire of Cypriots who feel it unduly hits the average citizen. Some ideas that have been floated include exempting the first �20K, or lowering the levy on accounts with less than �100K. Both ideas would require jacking up the tax on accounts above �100K, which will upset Russians who use Cyprus as a money center and account for a majority of Cyprus'
01[14:22] {Threei}  let's see if they do that
[14:23] {Will49} what idiots
01[14:23] {Threei}  if so, it will be cleasr indidcation they don't give a flying sneeze about russian threats'
01[14:23] {Threei}  which I think is the case
[14:24] {dino} me too. they aren't worried about russian deposits. they are stealing from them. this sets a bad precedent among european union banks, imo. i would be moving my money out of them if i lived over there.
[14:25] {Les} can imagine singapore getting a lot of phone calls this week
01[14:25] {Threei}  if you are so-called "new russian", where do you?
01[14:25] {Threei}  go
[14:25] {Les} CAT back in pole position
[14:25] {nemo} ahhh polecat
01[14:26] {Threei}  there are not many places that don't ask you where your money come from
01[14:26] {Threei}  all "safe jurisdictions" do
01[14:26] {Threei}  and you can't demonstrate fully legal and totally transparent origin
[14:27] {Les} good one nemo
[14:27] {dino} sure, but illegals i am not concerned with. 
[14:27] {Will49} lol polecat
[14:27] {dino} if i were a european, i'd be moving my cash out of eu banks
01[14:28] {Threei}  I don't think it's an easy thing to do for them
01[14:28] {Threei}  is it Les?
[14:29] {Les} swiss real estate market went flat
[14:29] {Les} because
[14:29] {Les} EU squeezing switzerland
[14:29] {Les} tax wise
[14:29] {Les} EU is taking action
[14:29] {Les} against movement of capital
[14:29] {cipher} EU doing a lot of stupid things lately
01[14:30] {Threei}  well, as a holder of bank account, can you easily open an account in US or Cnada and move your money over there, wehile keeping it liquid and accessible at any moment?
[14:30] {Les} who me?
[14:30] {Les} what would I want with an American bank?
01[14:30] {Threei}  cipher... EU itself is stupid construct, how can it not?? :)
[14:30] {cipher} one of them being FTT
[14:30] {Les} CAT 90 rejection on high volume
01[14:30] {Threei}  missing the point Les
[14:31] {nemo} boy, there's a surprise
01[14:31] {Threei}  lol
[14:31] {Les} hehehe
01[14:31] {Threei}  can you or can you not?
[14:31] {Les} *probably*
01[14:31] {Threei}  if you don't want now, wait till they do to you what they did to Cypriots
[14:31] {nemo} yeah, this is a rationalization, could go right around the world
[14:31] {Les} yeh right to vad and nemo
[14:32] {Les} bury yer money
01[14:32] {Threei}  I doubt they'll let you do that easy
[14:33] {dino} so much for the insured deposits, just got whacked.
01[14:33] {Threei}  this was a holy cow
[14:33] {cipher} call l .51
[14:33] {nemo} it's all a joke, the government will do what it wants
01[14:33] {Threei}  this undermines confidence in a pillar
[14:33] {nemo} but it's for the good of society
01[14:33] {Threei}  haha
[14:33] {nemo} cough
[14:33] {nemo} cough
[14:33] {Les} :)
01[14:33] {Threei}  deposit is guaranteed and safe - people must believe that
[14:34] {Les} yes the "C" word
[14:34] {nemo} pisdah?
01[14:34] {Threei}  if they don't, whol;e banking system collapses
[14:34] {dino} right. watch for the runs
01[14:34] {Threei}  these imbeciles cut the branch they sit on
[14:34] {Will49} bet there are millions around world thinking about cashing out right now
01[14:34] {Threei}  crimbiots
01[14:35] {Threei}  but I am not really surprized, EU is destined to self-destruct
01[14:35] {Threei}  centripetal forces is too powerful
01[14:35] {Threei}  are
01[14:36] {Threei}  and the whole idea is too artificial
[14:36] {Les} s CAT .90
01[14:36] {Threei}  what we saw today was but a tuny window into what is going to happen
01[14:37] {Threei}  limit down openings and continuing selloff throughout the day
[14:37] {Les} yes and it scared me when I understood
[14:37] {Les} ah u speak of market
01[14:37] {Threei}  trading wise it will be good
01[14:37] {Threei}  both
01[14:37] {Threei}  market will be favorable
01[14:37] {Threei}  your daily life will be shuttered
[14:37] {ese} Ok!!!!  that was hilarious!!!!  Italian carpool lane......
01[14:38] {Threei}  :)
[14:38] {Les} would like to hear more about what u were doing to get by
01[14:38] {Threei}  oh, it was much easier for me
01[14:39] {Threei}  we had easy way to preserve life savings or current money
01[14:39] {Threei}  two reasons:
[14:39] {Les} ?
[14:39] {nemo} USD
01[14:39] {Threei}  1. absence of developed banking system, mostly cash economy
01[14:39] {Threei}  2. USD
[14:40] {Les} k
[14:40] {Will49} If US governement was thinking about confiscating cash they'd better order a lot of ammunition for...oh wait
[14:40] {nemo} ;-)
[14:40] {Les} hehehe will
01[14:40] {Threei}  keep your money in USD, convert to local currency only what you need for today
[14:40] {nemo} and armored vehicles...oh wait
[14:40] {Will49} LOL
01[14:40] {Threei}  you wake up and see that local currency is cut in half (ehich happend regularly), you don't care - you keep it in USD
[14:40] {cipher} call stop -.04
01[14:42] {Threei}  you in EU still have USD as a "safe" currency but you are not a cash-based, you keep money in the banks, thus are sibjected to all kinds of govt shenanigans
[14:42] {dino} asps sm l .37 ave
01[14:42] {Threei}  and US folks don't even have USD as a safe haven in case USD collapses :)
01[14:42] {Threei}  but that's somwewhere far ahead
01[14:43] {Threei}  for now USD is the slimmest girl in a fat camp
[14:45] {nemo} yeah, just bullets
[14:46] {Les} here's lower high in indexes
[14:47] {cipher} call drop
[14:47] {nemo} not really Les, depends on time frame
[14:49] {cipher} call l .19
[14:49] {Les} sorry 3 min tiemframe
[14:50] {cipher} asps l .25
[14:53] {dino} call sm l .17
[14:55] {nemo} hey, what's that link for the eagle's nests
[14:56] {Will49} www.hitler.com
[14:56] {nemo} I didn't say Doppleadler
01[14:56] {Threei}  http://www.hancockwildlife.org/index.php?topic=cam-sites
01[14:57] {Threei}  they added an owl
01[14:57] {Threei}  http://www.hancockwildlife.org/index.php?topic=VictoriaGHOwl#camera-ptz
[14:58] {jdetente} reshi doesn't give up...wow
01[14:59] {Threei}  doesn't read his e-mails either
[15:00] {Les} covered half of cat
[15:08] {Les} covered 2nd half at a loss. put a little gimpy wifi router from CISCO this weekend. Think it might be too small. screens have frozen up a couple of times
[15:10] {Les} anyone having feed issues?
[15:10] {dino} not here
[15:10] {Will49} haven't had lunch yet
01[15:10] {Threei}  no
[15:10] {nemo} nice will
[15:10] {Will49} ty
[15:11] {Will49} can't trade, might as well try to be funny :)
[15:11] {Will49} try is opeative word
[15:11] {Will49} operative
[15:11] {nemo} yeah, I think your win rate is better in trading
[15:11] {Will49} haha
01[15:13] {Threei}  still holding half SLW, and loloking for one more trade to finish the day
01[15:13] {Threei}  haven't dug out of the morning hole completely, but decreased the loss to shruggable degree
[15:14] {patel} I am still at standstill. I missed some good trades while I was not at my computer. 
[15:14] {dino} not my kind of market today
[15:17] {Les} last crack at CAT bit fast here didn't have time to lay exit
[15:17] {Les} happily going down
[15:17] {Les} .79 shoprt half covered .70
[15:19] {Les} frikin GS I cover and it drops like a lead balloon. Gotta learn to take dino/cipher entries, i.e, top of the range, not bottom of the range
01[15:20] {Threei} Short Setup: C  .30 break
01[15:21] {Threei}  If holds  .40 
[15:25] {Les} C bouncin off VWAP @.20
[15:25] {Les} cover half ty
01[15:26] {Threei}  1:1
[15:26] {Les} .cover quarter CAT 1:2
01[15:26] {Threei}  inch by inch... step by step...
[15:27] {jdetente} have to admit it
[15:27] {jdetente} 's getting better a little better all the time
[15:27] {jdetente} :)
[15:28] {Les} spy vwap and major support
[15:29] {dptl} gn all
[15:29] {Les} ciao dp
01[15:29] {Threei}  wait
[15:29] {backman} nite
[15:29] {cipher} out call .38 +.19
01[15:29] {Threei}  1:2 is near
01[15:30] {Threei}  if C goes 1:2 and SLW drops to .30, I'll be flat for the day
01[15:37] {Threei}  1:2 baby
[15:38] {cipher} cvlt l .54
[15:41] {Les} CAT is covered
[15:41] {Les} +.58
[15:41] {Les} vwap
01[15:41] {Threei}  wtg
[15:41] {dino} gj
[15:41] {Les} ty
[15:42] {Les} 1:6 a personal best
[15:42] {Will49} nice
[15:43] {ese} Hey all......have a great night cya tomorrow
[15:43] {Will49} see ya
[15:43] {dino} cya
[15:43] {Les} ciao
01[15:43] {Threei}  take care ese
[15:43] {Will49} out C tks Vad
01[15:44] {Threei}  :)
03[15:45] * Retrieving #discussions modes...
[15:45] {Les} new name reshi?
01[15:45] {Threei}  no, new trialer, just haven't given enough time to register
01[15:52] {Threei}  (CY) Cyprus President Anastasiades said to have indicated to Eurogroup he does not have enough support to pass the deposit levy through Parliament - financial press- The Eurogroup is said to be holding a teleconference on Cyprus that started about 45 minutes ago. **REMINDER: earlier today, Cyprus DIKO Democratic Party (minority member in the ruling coalition): Will not support the deposit levy law. DIKO holds 8 seats out of 56 in Parliament, and President Anastasiades DISY party holds 20 seats. - Prior reports had indicated that some DIKO party members were wavering in their support of the deposit levy plan. 25 members of left wing parties have already said they would vote against the levy (AKEL, EDEK, and Green parties)
01[15:54] {Threei}  Ok SLW, you have 5 min
[15:55] {cipher} CAVM L .10
01[15:56] {Threei}  3
01[15:57] {Threei}  (CY) ECB reportedly prepared to provide assurances that Cyprus will have ample liquidity, but it must first collect deposit levy - financial press
01[15:57] {Threei}  ECB on a sucide mission
[15:58] {Will49} see everybody tomorrow
01[15:58] {Threei}  ok... covered SLW
01[15:58] {Threei}  leaving just a sliver in the red
01[15:58] {Threei}  nothing to speak of
[15:58] {Les} frikin C wont drop to the whole for me
01[15:59] {Threei}  thank you all, have a good evening
01[15:59] {Threei}  see you tomorrow
[15:59] {Les} cheers very instructive day
[15:59] {jdetente} thanks Vad
[15:59] {backman} thnks...gnite
01[15:59] {Threei}  it is isn't it
01[15:59] {Threei}  it's how you handle the loss
[15:59] {dino} gn all
[15:59] {cipher} out cavm .03 -.07
[16:00] {cipher} gn