Tuesday, March 19, 2013

March 19 2013

Decent day, not without stops but with quite a few 1:2 and 1:3ers. One even deserved a screenshot:



Session Time: Tue Mar 19 00:00:00 2013

[09:01] {patel} Good Morning
01[09:04] {Threei}  patel :)
[09:05] {patel} Vad, I had a bad day after close yesterday.
[09:05] {nemo} did you trade in the aftermarket?
01[09:05] {Threei}  aftre close??
[09:05] {patel} Talk about Hail. It hailed for about 30 minutes nonstop.
[09:06] {patel} baseball size hail torched my car.
[09:06] {nemo} Well, if you were Les, you probably would have ben out standing in it
[09:08] {dino} gm. nemo, sending snow your way, just work up to 8" of snow
[09:08] {nemo} we have sleet
01[09:08] {Threei}  dino :)
01[09:09] {Threei}  hard tp believe there is snow somewhere...
[09:13] {patel} I think SPY will break 155.60 today and will be tight range bound sideways.
01[09:14] {Threei}  you do know that in two hours Cyprus will vote on deposits tax?
[09:14] {jdetente} good morning all
01[09:14] {Threei}  jd :)
[09:14] {nemo} yeah
[09:19] {Will49} gm
[09:19] {dino} tax/theft being rejected, looks like.
01[09:19] {Threei}  will :)
01[09:19] {Threei}  yes... which will make EU decided bail them out or not
[09:20] {Les} afternoon
[09:20] {dino} lol, lulu womens yoga pants too sheer/revealing
01[09:20] {Threei}  of they say yes, their attempt to impose strict terms will have failed
01[09:21] {Threei}  les :)
01[09:21] {Threei}  if they say no, russian offer is the only option on the table for Cyprus
01[09:21] {Threei}  idiots overplayed their hand and put themselves in dead end
[09:23] {ese} morning
01[09:23] {Threei}  ese :)
[09:23] {ese} morning vad
01[09:24] {Threei}  will, ese... recognize this?
01[09:24] {Threei}  http://goo.gl/kCtcV
[09:24] {Les} yeh not a card shark, but I recognise a dumb move when I see one in Cyprus. Troika doesn't know how to play poker
[09:25] {cipher} gm
[09:25] {dptl} gm
[09:25] {backman} gm
01[09:25] {Threei}  cipher, dp, backman :)
[09:27] {Will49} beeeeerrr
[09:28] {Will49} now i'm distracted before market even opens
[09:28] {thomcbell} BHP Weak
[09:28] {thomcbell} fcx?
01[09:29] {Threei}  ?
[09:29] {thomcbell} may look for an opening setup short
[09:31] {Les} GDX sitting smack on 10 day moving average
[09:31] {nemo} probably see if it can test yesterday's resistance than 156
[09:31] {ese} nice picture of OOB Hotel vad....
[09:33] {cipher} CRZO L .76
01[09:34] {Threei} Long Setup:  WFC  .93 break
01[09:34] {Threei}  If holds  .85
[09:34] {cipher} LAMR L .99
[09:37] {cipher} shoo l .22
[09:38] {cipher} out shoo .15 -.07
01[09:38] {Threei} Short Setup: LVS  .40 break
01[09:39] {Threei}  eeck
[09:39] {nemo} did the market open
[09:39] {cipher} stx l.66
[09:39] {Les} cipher setup
[09:39] {Les} .27 pivot lvs
[09:39] {Les} .22 sorry
[09:39] {patel} anyone get that LVS
01[09:39] {Threei}  if you took .38 LVS instead of typing that question, you'd be taking profit now, nemo
[09:40] {cipher} out stx .75
[09:41] {Will49} no lvs here
[09:42] {Les} early signs of bankster vwap rejection watching for throwback maybe c .50 short?
[09:42] {nemo} lulu looks heavy
[09:42] {cipher} SHOO L .14
01[09:43] {Threei} Long Setup:  JPM  .75 break
01[09:44] {Threei}  If holds  .70
[09:44] {nemo} if you took lulu, look for bounce here with re-short at 63
[09:47] {nemo} nope
01[09:48] {Threei}  1:1
01[09:49] {Threei}  1:2
[09:49] {thomcbell} nice combo on the lvs - between vad entry and pivot shout out guys
[09:50] {cipher} apei l .50
01[09:50] {Threei}  you took long tbell?
[09:51] {Will49} tks Vad 1"2
[09:51] {cipher} out LAMR .45 +.46
01[09:51] {Threei}  yw
[09:51] {Will49} 1:2
[09:51] {Les} forgot about it tbellnice one
[09:51] {jdetente} thanks Vad
[09:52] {patel} thanks VAD
01[09:52] {Threei}  :)
[09:52] {thomcbell} ebay has really become a volatile stock
[09:52] {dino} lulu sm l .80
[09:52] {backman} vlo?
[09:53] {cipher} out apei -.11
[09:53] {cipher} lulu +.12 thx dino
[09:53] {dino} yeah tbell
[09:54] {dino} upgrade today on it
[09:56] {dino} lol
[09:56] {nemo} market showing heaviness
[09:56] {patel} reshi reshi reshi....I have to condemn you on your work ethic in getting the chatroom but you will need other methods to get in the room. The method you are using are surely not working.
[09:58] {cipher} ROSE L .81
01[09:58] {Threei}  "if you see a closed door, try to open it with your forehead. If it doesn't work on first 100 attempts, proceed till 200."
[09:59] {dino} out lulu .20, +.40
[09:59] {patel} haha
[09:59] {patel} hopefully he reads the chatroom logs and gets the idea.
[09:59] {Will49} wtg dino
01[10:00] {Threei}  he doesn't read his own e-mails
[10:00] {cipher} out CRZO .75 +.19
[10:00] {dino} ty will
[10:00] {dino} gj ciph
01[10:00] {Threei} Short Setup: C  .80 break
01[10:01] {Threei}  If holds  .85
[10:01] {cipher} out rose .98 +.17
[10:01] {cipher} apei l.40
[10:03] {cipher} CSTR L .03
01[10:05] {Threei}  (US) US Supreme Court ruling supports "gray market" for discounters
[10:05] {Les} ?
01[10:05] {Threei}  ummm... hoorray, I think?
[10:08] {dino} lulu new lod
[10:09] {cipher} out APEI .45 +.05
[10:10] {dino} out asps from yesterday, 78.09, +1.72
[10:11] {Will49} wow
[10:11] {Les} GS swan dive
01[10:11] {Threei}  wtg dino
[10:11] {cipher} lulu +.24 thx dino
[10:12] {dino} ty
[10:12] {dino} np cipher
[10:12] {cipher} out SHOO .50 +.36
01[10:13] {Threei}  no go C
[10:14] {Will49} reshi must have a algo set for your room entry
01[10:15] {Threei}  well, I have an algo set to kick him out
[10:15] {Will49} :)
[10:15] {nemo} give me his email, I'll give him the "hey douchebag!" email
01[10:16] {Threei} Long Setup:  LVS  .25 break
[10:17] {nemo} frickin' eagle cams freeze up
01[10:17] {Threei}  I guess downside of using fake e-mail for repeat trial is that you don't read e-mails :)
01[10:17] {Threei}  Invalidated
[10:19] {Les} faded lvs short .16 cover half .06 holding a piece for break of whole
[10:20] {nemo} wow wag
[10:22] {Les} cover last piece -.03
[10:23] {Les} short JPM .76 stop above .85
[10:24] {Les} JPM relatively weaker than c
[10:24] {nemo} boy is Summer gonna' be dead...dead...dead...rotting...dessicated
[10:24] {Les} speaking of C
[10:24] {Les} was a rinse
[10:25] {dino} 07 red
01[10:25] {Threei}  hmmm
01[10:25] {Threei}  no news
01[10:25] {Threei}  oh nemolk, stop with predictions
[10:26] {Les} cover half .70 +.06
[10:26] {cipher} ROSE L .95
[10:26] {dino} wag sm s .48
[10:27] {Les} 3 min bb's being pierced here could be snap back
01[10:28] {Threei}  careful with bounces
[10:28] {Les} yeh
[10:28] {dino} lulu sm l .65
01[10:28] {Threei}  this is not a technical selling
01[10:29] {Threei}  oh come on
01[10:30] {Threei}  (talking to reshi)
[10:31] {dino} cov wag .24, +.24
[10:32] {Les} let him in, take him aside and give him 4x2
[10:32] {nemo} 2X4
[10:32] {Les} 4b2 in Oz speak
[10:32] {dino} nemo, ty wag
[10:32] {nemo} figures it's backwards
[10:33] {Les} harmony
[10:33] {nemo} look for bounce by 44.80ish probably 45 a test
[10:35] {Les} cover q jpm .61
[10:35] {nemo} fas iwm and spy coming into daily pivots
[10:35] {thomcbell} prints on rose there cipher
[10:35] {thomcbell} i bought small
[10:36] {thomcbell} 45.57
[10:36] {cipher} IC
[10:39] {nemo} wag bounce territory
[10:40] {cipher} ROSE L.46
[10:40] {nemo} all the eagle cams lock up on me
01[10:41] {Threei}  stop trying to introduce yourself as reshi
[10:42] {dino} lol
01[10:42] {Threei} Long Setup:  WFC  .75 break
01[10:43] {Threei}  nah, disregard this one
01[10:43] {Threei} Long Setup:  JPM  .65 break
01[10:43] {Threei}  If holds  .60
[10:44] {nemo} wag 45 battle
[10:44] {cipher} out CSTR .59 +.56
01[10:44] {Threei}  change JPM to .60 break
01[10:45] {Threei}  If holds  .55
01[10:45] {Threei}  watch GS as leading indicator
[10:45] {Les} want .51 to cover last piece first :)
[10:47] {patel} nice job Les
[10:47] {cipher} ZUMZ L .20
[10:47] {dino} 07 red
[10:47] {nemo} cypress stories about leaving the Euro
[10:48] {nemo} Europe is DEAD I tell you!
[10:48] {Les} welcome to my nightmare
[10:48] {nemo} jeez Les, do you have to serve up such fat pitches right down the middle of the plate
[10:48] {ese} lots of greedy sob's over there
[10:49] {nemo} don't worry, just take it from the rich
01[10:49] {Threei}  nightmare?
01[10:49] {Threei}  the sooner this ugly contraption galls apart the better
01[10:49] {Threei}  falls
[10:49] {nemo} I get a kick out of it.  Europe has significantly higher taxes as well as huge VAT taxes and gas taxes and they're still going broke, and we think that will work
[10:50] {Les} all covered jpm .44 +.32
[10:50] {nemo} wag looks long here
[10:50] {ese} sea of red in front of me here
[10:50] {nemo} nice tight stop
[10:50] {dino} same cipher, scanners scrolling red
[10:52] {Les} JPM daily pivot is .39 might be a db setup if banksters strengthen
[10:53] {Les} fAS holdign at pivot uspport
[10:53] {Les} .43
[10:54] {Les} GS long lost that support
[10:54] {nemo} WAG hit 1:1
[10:54] {Les} watching for potential TN A long at the .00
[10:54] {ese} Ldvn .59
01[10:55] {Threei}  7% Think Balanced Budget Very Likely In Next 10 Years
[10:56] {Will49} there's confidence for you!
[10:56] {dino} thts as many that are betting i get a hole in one this week
01[10:56] {Threei}  lol
[10:56] {nemo} thought you were married dino?
[10:57] {dino} i am
[10:58] {ese} and shes a lucky women
01[10:58] {Threei}  interestingly enough, no news through this whole selling period
[10:58] {dino} :)
[10:58] {nemo} yeah, but does she think so
[10:58] {ese} profit taking for next leg of rally
[10:58] {dino} is it vote time in cypress?
01[10:58] {Threei}  almost
01[10:59] {Threei}  ese, you are not paying much attention, do you
01[10:59] {Threei}  what profit taking, it's all about Cyprus
[10:59] {nemo} wag long setup again
[10:59] {nemo} iwm spy and fas long setups too
[11:00] {ese} ya but that just happened to come along right in the middle of a 10 period run
[11:00] {ese} it was bound to retrace
[11:00] {ese} regardless of cypress
[11:00] {nemo} I wish the human race would retrace
[11:00] {dino} db taking a hit
[11:01] {ese} we have.....
[11:01] {ese} we are getting stupider by the day
01[11:01] {Threei}  JPM
[11:01] {nemo} If Les died the world average would go up 10 points
01[11:01] {Threei}  let's try for double bottom
[11:01] {Les} took TNA .91 stop -.15 ain't ready
[11:01] {ese} I expect the words common sense to be struck from the dictionary any day now
[11:02] {Les} yeh nemo, in age
[11:02] {Les} you old fart
01[11:02] {Threei} Long Setup:  JPM  .45 break
[11:02] {nemo} I was talking world IQ
01[11:02] {Threei}  If holds  .35
[11:02] {Les} hehehe DUH
01[11:03] {Threei}  watch GS
01[11:03] {Threei}  this one will lead JPM
01[11:03] {Threei}  if it loses .90 and drops, JPM will invalidate
01[11:04] {Threei}  if breaks 151 and runs, should trigger
[11:04] {Les} pivot suport here for GS
[11:04] {Les} .82
[11:04] {nemo} setu[s are good this frickin Cypriot shit though
[11:04] {Les} yeh "do u feel lucky punk..."
[11:05] {nemo} WAG nice setup
[11:05] {nemo} there goes wag  looking for .25 area
[11:05] {ese} in 44 aggressive
01[11:05] {Threei}  well, anything can happen anytime, that's what stops are for
[11:05] {ese} jpm
[11:06] {Les} yeh
01[11:06] {Threei}  and that's why we are more careful today than usual
01[11:07] {Threei}  Cyprus cituation is too confusing for everyone right now
[11:07] {nemo} cyprus is defining rich as having more than $26k in the bank
[11:07] {ese} give it up ya money making sloth ya
01[11:08] {Threei}  if they reject the tax, what's next, EU softening stance on bailout? Or stay firm and let Cyprus fall in hands of Russia?
[11:08] {dino} eu softens
01[11:08] {Threei}  I believe so
01[11:08] {Threei}  but they won't do it at once, they need to save face
[11:08] {dino} they are afraid if one drops, then greece, spain, ireland, etc
01[11:08] {Threei}  so we will mopst likely see a few days of uncertainty
[11:09] {nemo} Cypress is a retirement home for oligarchs anyway
01[11:09] {Threei}  and during this time market is likely to make a bet on EU retreating, thus rally back to highs
[11:10] {dino} i think you have fed on wednesday
[11:10] {ese} jpm gonna take off me thinks
[11:10] {nemo} be interesting if bunny shows up while the eagles are vocal
[11:11] {ese} nice
01[11:11] {Threei}  yes, 2 pm
01[11:11] {Threei}  followed by Ben's press-conference at 2:30
[11:12] {nemo} spy and finnies green
[11:12] {ese} do it jp
[11:12] {ese} ya know ya want to
01[11:12] {Threei}  (CY) Germany Fin Min reportedly tells German MPs that Cyprus situation is very serious, no idea when or if parliament will vote on bailout - press- Believes that without a bailout program, liquidity in Cyprus financial sector will be at risk and banks won't be able to open
[11:12] {ese} vad 2X4 please
01[11:12] {Threei}  2x4 is for shorts ese
[11:13] {patel} what about a concrete block?
[11:13] {ese} hmmm what for ongs
[11:13] {dino} boot
01[11:13] {Threei}  heavy duty army boots kick in the rear
[11:13] {ese} nice
[11:14] {thomcbell} rose bounce off 200 sma
[11:14] {nemo} kors looks long here
[11:14] {ese} that should do it
01[11:14] {Threei}  (EU) ECB's Mersch: Financial integration remains on the agenda for the EMU; integration is important for transmission of monetary policy- Stronger financial integration will help the economy
01[11:14] {Threei}  really Mersch?
01[11:15] {Threei}  I for one beg to differ
01[11:15] {Threei}  and I am sure whole island of Cyprus
01[11:15] {Threei}  and Greece
01[11:15] {Threei}  and Italy
[11:16] {ese} shoulda taken that .05 when i had it
[11:16] {dino} they were fools giving up currency control
[11:16] {patel} exactly 50 minutes from last entry
[11:17] {ese} ya doof ...get lost can't ya see i'm concentrating
01[11:17] {Threei}  lol
[11:17] {ese} not you patel..........the reshi looser
[11:17] {patel} haha ese
01[11:17] {Threei}  think he has a script probing every 50 min?
01[11:17] {Threei}  nopem it was 15 min before that
[11:18] {jdetente} definitely a script he's running
[11:18] {ese} L some more jpm
[11:18] {ese} .44
01[11:18] {Threei}  I didn't expect JPM to be this meek... normaly it has more fire under its behind
[11:19] {Les} indexes almost at vwap while banksters lag
01[11:19] {Threei}  especially considering GS run
[11:19] {dino} 07 green
[11:19] {ese} ya true
[11:20] {ese} still think it'll do ok
01[11:20] {Threei}  another break GS
01[11:20] {Threei}  come on JPM, look at big brother
06[11:20] * Threei kicks JPM in the rear with heavy duty steel toe army boots
[11:21] {patel} dino what does 07 mean?
[11:21] {ese} thank you
[11:21] {Les} jpm salmon
[11:21] {ese} indeed
[11:21] {dino} out lulu .15, +.50, toughie
01[11:22] {Threei}  out of three possible followers to GS (C, WFC and JPM), this one looked the most promising
[11:22] {ese} dino looks a indicators from 2007 at same time and if they were green then there green now and he goes long
01[11:22] {Threei}  so far, doesn't justify our trust
[11:23] {ese} just kidding Patel
[11:23] {Will49} means James Bond gives market thumbs up
[11:23] {dino} ese, ese, ese.....what am i to say to that?
[11:23] {patel} haha
[11:23] {patel} I was like thats bs
[11:23] {ese} rotflol
01[11:23] {Threei}  it is patel... in truth, those indicators are ftom 1997
[11:23] {ese} hmmmmmmm didn't think that i could fool ya
[11:24] {dino} patel, its my primary scanner, 25 stocks constantly scrolling
01[11:24] {Threei}  let's scratch JPM
01[11:24] {Threei}  no energy whatsoever
[11:24] {dino} ya think
01[11:25] {Threei}  I don't... but thanks for flattering assumption
[11:25] {ese} gonna give it one more shot
[11:25] {dino} ;)
[11:25] {ese} opps maybe not
[11:27] {ese} stopped jpm
[11:27] {ese} i needed some excitement though
[11:27] {dino} nsm drop
[11:28] {ese} am making it up with DVN  though
01[11:28] {Threei} Long Setup:  CAT  .45 break hl
01[11:28] {Threei}  If holds  .35
01[11:29] {Threei}  aggressive for .50
01[11:31] {Threei}  what the deuce
01[11:31] {Threei}  ah
01[11:31] {Threei}  news
01[11:31] {Threei}  Cyprus Fin Min Resigns
[11:31] {dino} ]'c'mon stewey
01[11:31] {Threei}  shrug
[11:31] {Les} took the easy way out hey
[11:32] {dino} most likely received a threat les
[11:32] {Will49} some Russian guiy showed him his gun
01[11:32] {Threei}  why stick with bunch of losers and idiots... wait, he is one of them
01[11:34] {Threei}  you think lulu pants are sold in russia, will?
[11:35] {Will49} LOL
[11:35] {Les} like I said the easy way out
01[11:36] {Threei}  hold that line CAT
[11:36] {ese} lets face it .......you know that Finance minister has been skimming off the top somewhere
01[11:36] {Threei}  you can do it
[11:37] {jdetente} http://www.youtube.com/watch?v=ZcVEOc7ZYgk
01[11:37] {Threei}  well ya... but when Ivan the Enforcer and Yuri the Kneecapshooter apprear at your door in lulu pants...
[11:38] {dino} cat stop -.10
01[11:38] {Threei}  ugh... no go CAT
[11:38] {jdetente} ah dang I thought Toto would help CAT
[11:38] {ese} great tune JD
[11:44] {ese} L akam .59
[11:45] {ese} that was an excellent band.......very musical.....more than mose
[11:45] {ese} most
[11:46] {jdetente} yeah they were pretty good...kinda cheesy but all good musicians
[11:46] {dino} wac getting whacked
01[11:48] {Threei} Short Setup: LVS  .15 break
[11:48] {Les} s JPM .29
01[11:48] {Threei}  If holds  .25
[11:49] {Les} cover half .21
01[11:49] {Threei}  (CY) Parliament vote on Cyprus bank levy said to still be expected to transpire today, with the ruling party exploring a possible abstention from vote - financial press- Parliament set to vote down the current proposals - Note: There have been conflicting reports throughout the day on whether or not this vote would go ahead
[11:51] {Les} damn covered twice by accident so nothing left in JPM
01[11:51] {Threei}  Euro vs US Dollar Sets fresh session lows below 1.2900
01[11:51] {Threei}  wtf
01[11:51] {Threei}  ever since opening wins, I pick exactly wrong stocks
[11:51] {Les} indexes went to vwap and reversed
[11:51] {ese} don't really follow forex that much........what does this one mean vad
[11:51] {Les} bankster were biiig market laggers
01[11:52] {Threei}  SPY mostly follows Euro these days
[11:52] {ese} ahhhhhhhhh
[11:52] {ese} ok
01[11:52] {Threei}  and Euro is a walking corpse
01[11:52] {Threei}  zombie
01[11:52] {Threei}  die LVS
[11:53] {Will49} die reshi
01[11:53] {Threei}  rofl
[11:53] {jdetente} lol\
[11:53] {thomcbell} gld and miners moving
01[11:53] {Threei}  man, this is one persistent door knocker
[11:53] {jdetente} CAT dying
01[11:54] {Threei}  everything is but no, I had to pick LVS
01[11:54] {Threei}  some days you are just not feeling it...
01[11:54] {Threei}  I'd suggest you shoot me but I am sure nemo will glaldy oblige
01[11:55] {Threei}  - It has become clear that Cyprus's Parliament will most likely reject the terms of the �10B bailout package, forcing Cyprus to return to the negotiating table. However the island nation may be damned if it accepts the package and damned if it rejects it: Cyprus Central Bank Gov Demetriades said that if the deposit levy measure passes, the banking sector could see outflows of at least 10% in a few days, while if it doesn't Cyprus could be forced to leave the eurozone.
[11:56] {jdetente} LVS is dying a slow death
01[11:56] {Threei}  1:1
[11:56] {jdetente} there it is
01[11:56] {Threei}  yes but we like fast one
01[11:56] {Threei}  and desirably painful
01[11:56] {Threei}  uhhh... I might have overcommunicated with nemo...
01[11:57] {Threei}  1:2
01[11:57] {Threei}  finally
[11:57] {Will49} out tks vad
01[11:57] {Threei}  yw
[11:57] {nemo} ?
[11:57] {jdetente} nice out LVS
[11:58] {jdetente} thanks Vad
01[11:58] {Threei}  1:3, out
01[11:58] {Threei}  whew
01[11:59] {Threei}  someone copy this play and send it to reshi
[11:59] {jdetente} lol!
[11:59] {patel} give me his email
01[12:00] {Threei}  with comment: this one would have paid for month in the room
[12:00] {patel} and his mailing address
01[12:00] {Threei}  hehe
[12:00] {patel} i will email it and mail a copy
[12:00] {Will49} no no no, that'll encourage him
[12:00] {patel} alphaguru aka reshi
01[12:00] {Threei}  oh good, he changed the nick
01[12:00] {Threei}  man... some people
[12:00] {patel} he is the guru of the alphabet
[12:00] {ese} hmmmmm crap. stopped dvn ..10 -.49.
[12:00] {ese} sm shs but still......not a good day
01[12:01] {Threei}  (CY) Reminder: Cyprus parliament expected to convene in the next few hours to debate the bank deposit levy and bailout program- Reports have said a vote could occur today to reject the original deposit levy plan. The situation is very fluid and its currently not clear if another vote might occur tomorrow after more meetings amongst Cypriot MPs. Cyprus President Anastasiades made it clear that Parliament would reject the original deposit levy plan that taxed all accounts at a minimum of 6.75% and up to 9.9%. Reports yesterday said Cyprus could revise those levies to exempt smaller accounts of up to �20K (or possible all the way up to �100K), which would require higher levies on larger accounts. Other ideas that have been floated include raising up to �400M from senior debt holders of failed banks, and making the bank levies more punitive on foreign depositors. Another notion was circulated was for Cyprus to trade development rights for its offshore gas fields in exchange for Russia giving Cyprus additional support. - Banks will be closed at least through Wednesday to prevent a run on banks ahead of the bailout vote being taken. - The Eurogroup made it clear yesteday and today that Cyprus has flexibility in setting the parameters of the "bail in" but that it must raise �5.8B no matter how it is framed. - Ahead of the Cypriot parliament debate, markets are generally in risk off mode on speculation about the fallout of a failed vote in Cyprus, which might include anything up to a default or a Euro Zone exit.
01[12:02] {Threei}  see, thnis is how they corner themselves:
01[12:02] {Threei}  The Eurogroup made it clear yesteday and today that Cyprus has flexibility in setting the parameters of the "bail in" but that it must raise �5.8B no matter how it is framed.
01[12:03] {Threei}  imbeciles
[12:03] {Les} it's clear domestic politics now trumps EU politics
01[12:04] {Threei}  that's what centripetal forces means
01[12:05] {Threei}  and that's the major conflict that lies in the foundation of EU predetermined demise
[12:07] {Les} sm gpor long .73
[12:10] {dino} csl drop
[12:11] {Les} stop .64
01[12:11] {Threei}  cisual http://goo.gl/BiCfk
01[12:11] {Threei}  visual too
[12:14] {thomcbell} rose - lol
[12:14] {thomcbell} shinook
03[12:14] * Retrieving #discussions modes...
01[12:15] {Threei}  hmm?
[12:15] {thomcbell} right back up to vwap
06[12:16] * Threei slaps cc_8 around a bit with a alarm clock
[12:16] {thomcbell} i gotta go - guys trade well
01[12:16] {Threei}  take care tbell
[12:16] {Les} ciao t
01[12:17] {Threei}  you guys might think it's insane but
01[12:17] {Threei} Short Setup: LVS  .80 break
[12:17] {Les} nah was looking at the same thing
01[12:17] {Threei}  If holds  .90
01[12:17] {Threei}  ok, then it is for sure insane
[12:18] {Les} agreed
[12:20] {dino} lulu sm l .26
01[12:20] {Threei}  Invalidated
[12:21] {Les} CAT long .82 sm bottomfishing
[12:22] {dino} wac sm l .50 break
[12:25] {Les} managed to get 35 shares off at .92 lol
[12:26] {jdetente} here it goes
01[12:27] {Threei}  35 shares? don't spend all your winnings at once
[12:27] {Les} :)
[12:27] {jdetente} lunch buffet
01[12:27] {Threei}  you may cause hyperinflation singlehandedly
[12:28] {Les} another 65 at .99 yay
[12:28] {Les} tna 86.25 ain't looking so expensive anymore...
[12:30] {Les} all out +.11
01[12:30] {Threei}  (CY) Cyprus ruling party said to have requested postponement of vote on bailout package -
[12:30] {Les} these guys sound like greeks
01[12:30] {Threei}  exactly same MO
[12:32] {Les} possibility for DB's in indexes coming
[12:32] {Les} db's in 3 min, which is what I seek
[12:40] {Les} damn CAT kept going
[12:40] {Les} maybe a short a t 88 if market reverses again
[12:48] {nemo} had short signal 2 min ago
[12:50] {Les} yeh 1 min was good but 3 min still strong. let eating dogs lie its lunchtime
[12:51] {nemo} let sleeping dogs lie
[12:51] {Les} paraphrased to account for lunch Nemo
[12:51] {Les} jeeeez
[12:51] {nemo} did you take a short bus to school Les?
[12:51] {Will49} haha...short bus
[12:51] {Les} special bus?
[12:57] {nemo} watch lulu for a reshort in the .70 area
01[12:57] {Threei}  there must be a joke in there somewhere
01[12:57] {Threei}  considering the reason for LULU weakness
[12:58] {Les} GS back to lows
[12:58] {Will49} i have a weakness for Lulu pants
[12:58] {Will49} on women
01[12:59] {Threei}  thanks for this elabiration
[12:59] {Will49} not so much Russians with guns
01[12:59] {Threei}  i=o
[12:59] {Les} oooh nice will
[12:59] {Les} looking at images
[13:02] {Les} GS at lows FAS might be making higher lower here
[13:04] {Les} CAT back to lows
[13:06] {dino} life
[13:07] {Les} yeh I know I need to get one dino
01[13:07] {Threei} Long Setup:  AIG  .05 break
01[13:07] {Threei}  If holds  .98
[13:09] {Les} CAT break of lows?
01[13:10] {Threei}  .70 break, if SPY drops... sure
01[13:11] {Threei}  LVS old setup is valid too
01[13:19] {Threei}  LVS baby
01[13:19] {Threei}  anyone took?
01[13:20] {Threei}  coming on 1:2
[13:20] {jdetente} yes sir
[13:20] {Les} yeh small
01[13:20] {Threei}  :)
01[13:20] {Threei}  CAT slowly claws its way to 1:1 too
[13:20] {jdetente} 1:2 and out
01[13:20] {Threei}  me too
01[13:20] {Threei}  with LVS today I feel I went to this well enough times
[13:20] {dino} dropping
[13:20] {Will49} Tks vad...getting better
[13:21] {Will49} with LVS
01[13:21] {Threei}  this is third short on it
01[13:21] {Threei}  first broke down too fast right at the open, we missed it
01[13:22] {Threei}  two others worked
01[13:22] {Threei}  with JPM long for 1:2 earlier, quite nice
[13:24] {jdetente} LVS at 1:3
[13:25] {Les} crap managed to go long LVS .60  that was a cockup
[13:25] {jdetente} over covered?
[13:25] {Les} yeh don't like fusion as much as laser
[13:27] {Les} all covered on CAT and off to Aikido c u's tomorrow
01[13:27] {Threei}  CAT bounced 2 cents of 1:2
01[13:27] {Threei}  take care Les
[13:27] {dino} cya
[13:33] {jdetente} Vad I've got a beer for you to try. A really tasty Russian Imperial Stout
[13:33] {jdetente} http://www.northcoastbrewing.com/beer-rasputin.htm
01[13:36] {Threei}  haven't seen it in out stores... will keep an eye out, thanks
01[13:37] {Threei}  dexcriptuion sounds like the kind I'd like
01[13:37] {Threei}  description too
[13:37] {nemo} 153.38 is weekly S3 on the spy
[13:38] {jdetente} pretty high alcohol and a rich taste. It's a good one for the cold months.
01[13:43] {Threei}  I don't want to be seen as difficult or disagreeable jd, but I must ask: what's wrong with all that during hot months?
01[13:44] {Threei}  (CY) Cyprus Fin Min denies earlier reports that he had submitted his resignation
01[13:44] {Threei}  OK, I guess russian mob phoned and said "what resignation, you little prick? You go back in there and fix it, or we will help you resign from this planet"
[13:44] {jdetente} I can't fight your logic on that one
[13:45] {nemo} No...help his family resign from the planet
01[13:45] {Threei}  really? I thought my statement that "I don't want to be seen as difficult or disagreeable" will send you on the floor in stitches
01[13:45] {Threei}  I am sure nemo fainted when read that
01[13:46] {Threei}  crap did we cover LVS too soon or what
[13:46] {jdetente} oh man
[13:46] {jdetente} that really tanked
[13:56] {dino} wac drops again
01[13:56] {Threei}  btw will... you realize room becomes 12% cheaper for you next month? :)
[13:56] {dino} for me?
01[13:56] {Threei}  will
[13:57] {Will49} ?
01[13:57] {Threei}  our province axes HST
[13:57] {Will49} oh yeah
01[13:57] {Threei}  under GST/OST combo educational courses are not taxed
[13:58] {Will49} the next change is to NDP governement
01[13:58] {Threei}  nor membership in clubs, investment groups etc, so however they qualify us, we are tax-free
01[13:58] {Threei}  well, that one I appreciate less
[13:58] {Will49} agree
01[13:58] {Threei}  but it's inevitable
01[13:59] {Threei}  then again, ese will be probably happy... so let's enjoy it vicariously through him {G}
[13:59] {Will49} oops
[14:01] {dino} out lulu .76, +.50
01[14:01] {Threei}  wtg
01[14:01] {Threei} Long Setup:  CAT  .76 break hl
01[14:01] {Threei}  .75
01[14:02] {Threei}  If holds  .65
[14:04] {dptl} done for today...see ya tomorrow all
01[14:04] {Threei}  take care dp
[14:04] {Will49} be good dp
[14:04] {dino} cya dp
[14:04] {dino} elli sm l .25
01[14:07] {Threei}  1:1
01[14:08] {Threei}  1:2
01[14:08] {Threei}  The continent of Europe is so wide,
01[14:08] {Threei}  Mein Herr.
01[14:08] {Threei}  1:3, out
[14:08] {jdetente} out
[14:08] {jdetente} thanks Vad
01[14:08] {Threei}  Inch by inch...
01[14:08] {Threei}  Step by step...
01[14:08] {Threei}  Mile by mile...
01[14:08] {Threei}  Trade by trade
[14:09] {dino} asps sm l .85
01[14:09] {Threei}  who knew Liza Minelli was a trader, and foresaw European crisis
[14:09] {dptl} lol
[14:09] {jdetente} now that had me rolling
[14:09] {Will49} :)
01[14:11] {Threei}  dp, you left I thought
[14:11] {patel} nice call on CAT
01[14:11] {Threei}  I have my moments...
[14:11] {dptl} i am..just counting something here
01[14:11] {Threei}  with age they are fewer anf farther between though
01[14:11] {Threei}  counting something?
01[14:12] {Threei}  money I guess?
[14:12] {dptl} well..what else at this time..lol
01[14:13] {Threei}  and btw, speaking of Liza and EU,
01[14:13] {Threei}  isn't it a song of Cyprus, Greece etc:
01[14:13] {Threei}  Bye-Bye, Mein Lieber Herr.
01[14:13] {Threei}  Farewell, mein Lieber Herr.
01[14:13] {Threei}  It was a fine affair,
01[14:13] {Threei}  But now it's over.
01[14:13] {Threei}  And though I used to care,
01[14:13] {Threei}  I need the open air.
01[14:13] {Threei}  You're better off without me,
01[14:13] {Threei}  Mein Herr.
[14:15] {Will49} when Vad sings ese bails out
01[14:15] {Threei}  me? no
01[14:15] {Threei}  me only listens
01[14:15] {Threei}  good thing Les left though... he obviosuly doesn't like Liza
01[14:18] {Threei}  LOL:
01[14:18] {Threei}  How do I approach my neighbor and tell him that his WI-FI isn't working?
01[14:18] {Threei}  OK
[14:18] {Will49} LOL
01[14:18] {Threei}  Cyprus bill is rejected
01[14:19] {Threei}  as expected
[14:19] {Will49} ask your neighbour for his new password
[14:19] {Will49} :)
[14:19] {patel} damn and I thought Reshi was cheap.
[14:20] {dino} lol
01[14:20] {Threei}  lol
01[14:20] {Threei}  that's a good one patel
[14:21] {patel} haha
01[14:23] {Threei}  the best though was an e-mail from some guy in russia, set new record I think:
01[14:24] {Threei}  "I managed to download Techniques of Tape Reading, and I have some questions... here they are: etc"
[14:24] {Will49} the gall
01[14:24] {Threei}  in russian btw
[14:25] {jdetente} wow haha
[14:25] {jdetente} no shame
01[14:25] {Threei}  mentality is different over there... it's so normal to download pirated content that he didn't even realize how ridiculous it sounds
01[14:26] {Threei}  "I stole your book, now can you help me understand it?"
[14:26] {Will49} and you said....?
[14:26] {patel} atleawst he could have said
01[14:27] {Threei}  "Not even for the price of the book. Personal mentoring runs at the rate of $100/hour"
[14:27] {patel} I bought your book of Ebay.
[14:27] {patel} thanks for the download idea. I didnt know u were that famous.
[14:27] {patel} hahah
[14:27] {patel} jk
01[14:28] {Threei}  TTR was stolen and put on torrents in two weeks after McGraw Hill published it in ebook form
[14:29] {Will49} it was reshi that did it
01[14:29] {Threei}  lol
[14:30] {jdetente} reshi works in mysterious ways
[14:30] {patel} speaking of which
01[14:30] {Threei}  a week or two morte of this, and we will conclude he also ruined Carphagen, killed Kennedy and stole Faberge eggs
[14:30] {patel} I need to torrent Mirc...
01[14:31] {Threei}  why?
01[14:31] {Threei}  they don't insist on paying, it remains functional, you just get a nag
[14:31] {patel} oh okay
[14:31] {patel} thing says I only have 25 days
[14:31] {patel} reamining
[14:32] {nemo} we can only hope
01[14:32] {Threei}  unless something changed... it's been many years since I got mine
[14:32] {Will49} hahaha nemo
[14:32] {jdetente} lol
[14:33] {jdetente} nemo is just your friendly neighbourhood misanthrope
[14:33] {Will49} misanthrope anyway
[14:33] {nemo} mmmhhhh....I think those terms are mutually exclusive
[14:34] {jdetente} you know the guy that smiles to your face and then poisons your lawn
[14:34] {jdetente} ha
[14:34] {nemo} No, I'll sneer in your face and then shove my boot up your ass
[14:34] {jdetente} let me rephrase...violent misanthrope
[14:35] {nemo} Don't worry, I won't hurt your animals
[14:35] {jdetente} what about my bunny traps?
[14:35] {Will49} misanthrope=guy who won't save you from drowning
[14:35] {nemo} It'll be fun skinning you
[14:35] {nemo} alive
[14:36] {jdetente} http://knoji.com/images/user/rabbit_trap_interior_view%281%29.jpg
[14:45] {ese} awesome.......akam making up for earlier losses
01[15:05] {Threei} Short Setup: JPM  .95 bresak
01[15:06] {Threei}  If holds  .05
[15:08] {patel} Call Reshi neighbor up and tell him to change teh WiFi password.
01[15:09] {Threei}  man... this is incredible, lol
[15:09] {Will49} yeah..
01[15:09] {Threei}  never saw anything like this
01[15:12] {Threei}  (CY) Germany CDU Deputy Chief Meister: Conditions for Cyprus bailout have not been met, rejection of bailout plan was Cypriots own decision- Must review possible measures to help protect the Euro
01[15:12] {Threei}  Bye-Bye, Mein Lieber Herr...
01[15:13] {Threei}  (CY) Cyprus party leaders said to have discussed plan B and C following defeat of bailout program involving levy upon banking deposits - press- Cyprus President schedules talks for tomorrow morning (Wednesday) to handle the bailout
01[15:13] {Threei}  no go JPM
[15:14] {jdetente} good stop out
[15:14] {jdetente} look at it go
[15:14] {dino} rally
[15:14] {patel} market up up and up
01[15:14] {Threei}  new news
01[15:14] {Threei}  yup
01[15:15] {Threei}  ECB caved
01[15:15] {Threei}  15:14(CY) ECB to provide liquidity to Cyprus within existing rules
01[15:22] {Threei}  so, are they really preaperd to fully withdraw their requirement, and provide whole 10-15B?
01[15:23] {Threei}  what a PR disaster
[15:26] {Will49} speaking of disasters
01[15:26] {Threei}  man
01[15:26] {Threei}  lol
[15:26] {nemo} is Les back?
01[15:27] {Threei}  I feel like iceberg of which Titanic crashes repeatedly for some reason... backs off and hits it again
[15:28] {Will49} maybe he'll sink one of these times
01[15:28] {Threei}  iceberg's like "man, go away, will ya..."
[15:28] {dino} lol, tiny cyprus rules the ecb
01[15:29] {Threei}  contagion man, contagion...
01[15:29] {Threei}  altrenative response: see? size doesn't matter!
[15:36] {patel} not according to her
[15:36] {patel} She says size always matter!
01[15:37] {Threei} Long Setup:  AIG  .20 break
01[15:37] {Threei}  If holds  .15
01[15:38] {Threei}  want one last scalp
[15:43] {Les} what r we in?
01[15:44] {Threei}  AIG with .14 stop
01[15:46] {Threei}  move your butt AIG, I want my JPM stop back
06[15:49] * Threei pokes AIG in the ribcage with sharp stick
01[15:51] {Threei}  half out
01[15:51] {Threei}  time's running out, so cutting risk a bit
01[15:51] {Threei}  stop to .19
01[15:52] {Threei}  good boy'
01[15:52] {Threei}  1/4 more out .34
01[15:52] {Threei}  JPM stop is gotten back
01[15:53] {Threei}  5 min to go over .40 AIG
01[15:53] {Threei}  do it
01[15:53] {Threei}  stop .23 btw
[15:56] {nemo} DIA green
01[15:57] {Threei}  2 min
06[15:58] * Threei recharges electrostick and pokes AIG in the ribcage again
01[15:58] {Threei}  1 min
[15:59] {Will49} good finish Vad...tks
01[15:59] {Threei}  OK, out .35
01[15:59] {Threei}  saved by the bell, AIG, lol
01[15:59] {Threei}  look, .39
01[15:59] {Threei}  grrr
01[15:59] {Threei}  .40 right on the bell
01[15:59] {Threei}  OK guys, thank you all
[16:00] {Will49} see ya tomorrow
01[16:00] {Threei}  have a good evening, see you tomorrow
[16:00] {dino} thx all. see you monday or tuesday
01[16:00] {Threei}  have fun dino!
[16:00] {jdetente} g'night all