Wednesday, March 20, 2013

March 20 2013

About flat to slightly positive day, started well with 3 wins, proceeded with a few stops as action became very choppy and ended with a few wins again. Overall, one of those days that make a broker happy.

Session Time: Wed Mar 20 00:00:00 2013
[08:48] {nemo} Well, I guess the rally has resumed.  Russian Mob now controls Cypress, and Putin should get that warm water Naval port now
[08:50] {jdetente} Good morning
01[08:51] {Threei}  morning guys
[09:07] {dptl} gm
01[09:08] {Threei}  dp :)
[09:09] {cipher} gm
01[09:09] {Threei}  cipher :)
[09:12] {Les} afternoon
01[09:12] {Threei}  les :)
01[09:12] {Threei}  headlines from Cyprus are non-stop
01[09:13] {Threei}  Cyprus Govt official: Denies reports that it sold Popular Bank to Russian investors
01[09:13] {Threei}  Troika rejects Cyprus alternative plans; want two Cyrus banks to be shut down - govt official
[09:15] {nemo} Fed Day.....yawwwwn
[09:16] {patel} Good Morning. I bet Reshi beat me to the room this morning
[09:17] {nemo} that was brutal...almost a 3 day bear market
01[09:17] {Threei}  patel :)
[09:20] {dptl} fomc today?
[09:21] {patel} yes sir at 2 pm
[09:21] {dptl} ty
[09:21] {nemo} should be boring
[09:21] {ese} mornin
[09:22] {Will49} gm
[09:22] {ese} will
[09:22] {thomcbell} bbry
[09:22] {Will49} hey!
01[09:22] {Threei}  ese, will :)
[09:22] {ese} akam +.44 so far
[09:22] {Will49} nemo, you're never boring
[09:23] {nemo} what I do now?
01[09:23] {Threei}  nothing yet but we know you won't leave us hanging
[09:27] {backman} gm
[09:27] {nemo} Adam West
01[09:27] {Threei}  backman :)
[09:27] {backman} Robin, it's almost spring time
[09:28] {nemo} I expected you to be a troglydite
[09:28] {backman} that's my other persona
[09:29] {nemo} I must have been Don Rickles in another life
[09:29] {Will49} there's a thought
[09:29] {nemo} it just flows out of me
[09:29] {nemo} c'mon Les, there's a setup for ya'
01[09:31] {Threei} Short Setup: C  .10 break
01[09:31] {Threei}  If holds  .20
[09:32] {cipher} pamt l .47
01[09:32] {Threei}  change to .15
01[09:32] {Threei}  If holds  .25
01[09:33] {Threei} Short Setup: JPM  .40 break
[09:33] {nemo} spy iwm and finnies bsically at the Monthly R2
01[09:33] {Threei}  If holds  .50
01[09:34] {Threei}  JPM change to .45 break
01[09:35] {Threei}  C 1:1
01[09:36] {Threei}  JPM stop to .51
[09:38] {nemo} that renshi again
01[09:38] {Threei} Short Setup: GDX  .50 break
[09:38] {cc_8} Among the companies with shares expected to trade actively in Wednesday’s session are FedEx Corp., Adobe Systems Inc. and Williams-Sonoma Inc.
[09:38] {cc_8} FedEx Corp.’s fiscal third-quarter earnings fell 31% as the global shipping giant was hurt by expenses related to its cost-cutting efforts and continued pressure in its international business that will result in capacity cutbacks in Asia. Shares fell 3.9% to $102.30 in premarket trade.
[09:38] {cc_8} Adobe Systems Inc.’s fiscal first-quarter earnings fell 65% on higher expenses due in part because subscriptions for its digital creative and marketing services grew ahead of expectations. Shares were up 5.8% to $43.11 premarket.
[09:39] {cipher} hain l .53
01[09:39] {Threei}  yup... ravi = reshi
01[09:39] {Threei}  change of tactics
[09:40] {nemo} $ down almost .5%
[09:40] {cipher} out hain .75 +.22
[09:40] {cipher} out pamt .84 +.37
01[09:41] {Threei}  1:1
01[09:41] {Threei}  yeah right
01[09:41] {Threei}  JPM 1:1
01[09:41] {Threei}  finally
[09:41] {cipher} gdx l .39
[09:42] {cipher} out .44 +.05
01[09:43] {Threei}  1:2 JPM
01[09:43] {Threei}  3:3... e-mail to reshi should indicate that he would have paid for a month membership this morning if traded with us instead of coming up with new username
[09:48] {Will49} great start ad
[09:48] {nemo} this opening is the weekly pivot in IWM
[09:48] {Will49} Vad
01[09:48] {Threei}  don't tell me will, tell reshi {G}
01[09:48] {Threei}  I guess we should be thankful to this guy, a source of neverending entertainment
[09:49] {Will49} that's he attitude
[09:49] {Will49} the
[09:51] {cipher} VRSK L .60
[09:51] {nemo} mmmhhhhh no dino
01[09:51] {Threei} Short Setup: SLW  .20 break
01[09:51] {Threei}  dino is off for a week
[09:51] {nemo} ahhh
[09:53] {cipher} out VRSK -.10
01[09:59] {Threei}  (DE) German Chancellor Merkel: Raising taxes in Germany would be the wrong policy, economy is still fragile- Notes there will be more tough talks with the Cyprus Govt, need a lasting solution for the crisis - Does not want to see deposts under �100K taxed in Cyprus
01[09:59] {Threei}  but everything over is a fair game
[09:59] {backman} slw stop .3
[09:59] {backman} ?
01[09:59] {Threei}  .31
01[10:00] {Threei}  isn't it unbelieavble how they consider confiscation acceptable solution?
[10:00] {Les} it is
[10:01] {Les} the idea that people must share the burden for their stupidity
[10:01] {jdetente} I would like to say it is...but am really not surprised.
[10:01] {Les} return to the middle ages
01[10:02] {Threei}  I guess I am, because ever after leaving xUSSR I thought I'd never see this kind of things
[10:03] {jdetente} socialism has become acceptable in the western world over the last 20 years
[10:03] {jdetente} and these kinds of actions follow close behind
01[10:04] {Threei}  so, what to do when there is nowhere to immigrate anymore?? :)
[10:04] {Will49} mars
01[10:04] {Threei}  Titan...
[10:04] {Les} the caverns of mercury
01[10:04] {Threei}  sirens are really pretty
[10:05] {nemo} Les why don't you try the Marianna Trench
[10:05] {backman} vlo?
[10:05] {Les} and you going back to sleep
[10:05] {nemo} wow...
[10:05] {nemo} vicious...
[10:06] {Will49} hey!
[10:06] {Les} working on Mushin last night at Aikido Nemo
01[10:06] {Threei}  VLO, nothing yet
[10:06] {nemo} No mind is your natural state, don't know why you have to work at it?
[10:07] {Les} didn't need to aks for that one
[10:07] {Les} zen meditation remains best means of working on this at home?
[10:07] {nemo} yep, just take the opponents momentum and use it against him
[10:08] {nemo} must be trained both ways
[10:08] {nemo} You get a more isolated purer sense of it in meditation, but...
[10:08] {nemo} the key is to put it in conscious practice in actions
01[10:08] {Threei} Short Setup: GDX  .40 break
01[10:08] {Threei}  If holds  .50
[10:17] {cipher} PAMT L .85
[10:19] {Les} CAT trying to hold on here
[10:20] {cipher} CAT L .25
[10:23] {cipher} out CAT -.10
01[10:25] {Threei}  let's trail SLW to .26
[10:26] {cipher} BSFT S .27
01[10:27] {Threei}  and let's trail GDX to .46
01[10:27] {Threei}  market stalled
[10:28] {cipher} cov BSFT .35 -.08
01[10:28] {Threei}  with FOMC ahead and three winning trades under our belt, let's limit risk to a minimum and hope for Cyprus to spice things up
[10:29] {jdetente} well that was that
01[10:29] {Threei}  yup, closed both
[10:30] {cipher} BSFT S .38
[10:34] {Will49} spice things up Vad...not spike things up:)
[10:34] {Les} we bored will?
[10:34] {Will49} not me
[10:35] {Will49} had 2 trades on at once (two times) a first for me
[10:35] {Will49} very exciting
[10:35] {Will49} and stressful
[10:35] {Will49} one was great
[10:35] {Will49} one set was...well:(
[10:36] {Les} was my reference to Mushin earlier will
[10:36] {Will49} yeah
[10:36] {Les} trying to create no mind trading philosophy
[10:37] {Les} frame work
[10:37] {Les} no good
[10:37] {Les} no bad
[10:37] {Will49} teach me Les, teach me
[10:37] {Les} damn hard to implement
[10:37] {Les} speak to bunny boy
01[10:37] {Threei}  why is it hard to implement? the most natural thing
[10:37] {Les} or vad
[10:39] {patel} yeah I coudlnt keep up with C and JPM
[10:39] {patel} chose C instead
[10:39] {cipher} out PAMT .03 + .18
[10:45] {Les} missed TNA recross of the bottom of the range. looking for a 2nd chance
01[10:45] {Threei}  darn SLW rinsed
[10:46] {jdetente} son of a gun
[10:46] {ese} Lcnw .88
[10:46] {patel} is littleal aka reshi aka ravi
[10:46] {ese} thats L cnw
[10:46] {jdetente} no, that's a guy I know...recommended he sign up for trial
[10:47] {nemo} fresh meat
01[10:47] {Threei}  jd, explain him about undescore
[10:47] {jdetente} I just sent him an email
01[10:47] {Threei}  he doesn't read his e-mails
01[10:47] {Threei}  well, not from us anyway :)
01[10:48] {Threei}  grrr SKW
01[10:48] {Threei}  and GDX
[10:48] {cipher} onxx drop
[10:48] {Les} l tna .81 stop under .73
[10:49] {jdetente} darn SLW and GDX
01[10:49] {Threei}  shouldn't have tightened stop, eh?
[10:49] {cipher} ONXX L .01
[10:49] {Will49} fricken is a better emosional word
[10:49] {Will49} emotional
[10:49] {jdetente} I didn't suggest tightening stop this time...I'm off the hook hehe
[10:50] {Les} stop -.11
01[10:50] {Threei}  that's OK jd, I can alway blame nemo
[10:50] {jdetente} by default
01[10:52] {Threei}  yeah, that's my first "go to"
[10:52] {Will49} fricken ravi
[10:52] {Will49} there, i said it
[10:53] {nemo} go wash your mouth out with lye
[10:53] {Will49} now this gentleman deserves to be here
[10:54] {nemo} sounds so cute
[10:54] {_littleal} Morning
[10:54] {nemo} like the sound a baby chick makes when you step on it
[10:54] {jdetente} welcome to the fun house
[10:54] {Les} afternoon
01[10:54] {Threei}  hi al, welcome
[10:54] {cipher} EXPD L .64
01[10:54] {Threei}  overcame the Great Barrier of Underscore? :)
[10:54] {_littleal} Yep
[10:54] {Will49} can al send ravi an email?
01[10:55] {Threei}  no
[10:55] {Will49} jk
01[10:55] {Threei}  ravi is mine
[10:55] {nemo} mmmhhh, I know we're in a range, but I have upward pressure on the indexes
[10:56] {Les} yeh me too
[10:56] {Les} but after blowing that first tna entry...
01[10:56] {Threei}  GDX 1:1 too... grrr
[10:58] {Will49} better see a doc Les if you have upward pressure on your index
01[10:59] {Threei}  rofl
01[10:59] {Threei}  I'd nominate it for the best joke of the day, will...
[10:59] {Will49} tks :)
01[11:00] {Threei}  if not for an e-mail I've got 5 min ago
01[11:00] {Threei}  *(EU) EURO ZONE MAR ADVANCED CONSUMER CONFIDENCE: -23.5 V -23.2E
[11:00] {ese} well........thats certainly a statement that open for interpretation
[11:00] {ese} thats
01[11:00] {Threei}  lord give me strength not to answer some of the e-mails
01[11:02] {Threei}  "I am willing to give your 111 trades course a try if you promise to talk me via skype through each and every trade I take for the next 3 months"
[11:02] {patel} WOW
[11:02] {nemo} if you wan't a boredom trade, short oxy here
[11:02] {patel} just tell them
[11:02] {patel} there's only 24 hours in a day.
01[11:02] {Threei}  Certainly. Absolutely. Personal mentoring is $200/hour, and I talk slowly.
[11:02] {patel} like u told me
[11:02] {nemo} as you told me
[11:03] {nemo} "like" is a comparison
[11:03] {Will49} come on Vad, your fee was only $100 yesterday
[11:03] {nemo} inflation
[11:03] {Will49} inflation
01[11:03] {Threei}  :)
[11:03] {ese} vad just told me to "get lost"
[11:04] {backman} ese, do u follow any of his advice
[11:04] {_littleal} When I have nothing to say my fee is only $50.00 per hour lol
[11:04] {ese}'s the reason i'm talking to you now
[11:04] {Will49} don't answer that
01[11:04] {Threei}  no al... I won't remain silent for such measly fee
[11:04] {backman} i am humbled
[11:05] {patel} the way to get around Vad fees is to send you a bottle of vodka
[11:05] {patel} *him
[11:05] {Will49} every day
[11:05] {patel} yeah and he let you drink the whole botlte
[11:05] {ese} best one thought was I had made $45000.00 one morning about 4 years back......and it scared the crap out of me and I had to call him personally to find out what to do............
[11:05] {patel} then get on Skype and make him go over tradews
[11:05] {patel} LOL
[11:06] {ese} sorry 35000.00
[11:07] {nemo} inflation
01[11:07] {Threei} Short Setup: LVS  .20 break hl
01[11:07] {Threei}  If holds  .30
[11:07] {patel} if I made 45000 one morning yall wouldnt see me in here for a month.
[11:07] {ese} actually can't remember whether I talked you vad or it was email.........anyway it was funny like you were holding my hand..............." do do do this"
01[11:08] {Threei}  that was dcc
[11:08] {Will49} look what you've done ese...made me miss an entry
01[11:09] {Threei}  here it is again will
01[11:09] {Threei}  just keep it to half lot
01[11:09] {Threei}  too much uncertainty
[11:09] {ese} I'll buy you a beer seeing as how you can't afford it now......hows that
[11:09] {Will49} deal
[11:10] {Will49} i may miss a bunch more this morning
01[11:10] {Threei}  no go
[11:10] {Will49} tks ese for making me miss that
[11:10] {ese} lol........good plan......thats the way i think
[11:10] {Will49} buy you a beer?
[11:11] {ese} you just have to show up........they give you free rounds.....forget buying
[11:11] {nemo} OXY 1:1
[11:12] {Will49} you washing clothes this morning?
[11:12] {ese} cnw is doing it's technical version of the narrow range 7000 bars..........sheesh ...get up there
[11:13] {Les} holding oxy for more
[11:13] {ese} who me?
[11:13] {Will49} no, forget it
[11:13] {Will49} weak try at humour
[11:14] {ese} oh......I get it........oxy the detergent............sorry fella your humor is too deep for me
[11:14] {Will49} good boy
[11:14] {ese} lol
[11:14] {Will49} drummers usually miss those
[11:15] {Les} shorting iwm .49
[11:15] {Will49} come on les, we're trying to chat here
[11:15] {ese} ba dap bap
[11:15] {Will49} what do you think this room is for anyway
01[11:16] {Threei} Short Setup: CAT  .90 break
[11:16] {nemo} cog looks good short here
01[11:16] {Threei}  If holds  87
[11:16] {nemo} sina looks short here
[11:17] {Les} cover half iwm .45
01[11:18] {Threei}  frikin LVS
01[11:18] {Threei}  rinse
[11:19] {jdetente} LVS took oxy to us
01[11:19] {Threei}  CAT, aiming for 1:2 at least
[11:19] {Les} nother quarter iwm .40 rest is on the house
01[11:19] {Threei}  may be more, will decide later
01[11:19] {Threei}  1:1
[11:19] {dptl} choppy choppy today
01[11:19] {Threei}  FOMC day
01[11:19] {Threei}  no wonder
[11:20] {Les} no bias. up, down, fat, skinny, want it all...
01[11:20] {Threei}  hmmm
[11:20] {dptl} thinking to go back to bad :) happy i dont have any account in Cypress
[11:20] {Will49} LOL
01[11:21] {Threei}  bad is waiting for you I am sure
[11:21] {Les} whose bad?
01[11:21] {Threei}  that's what bad usually do
[11:21] {dptl} bed lol....
[11:21] {dptl} its time i think lol
[11:21] {nemo} think you can drop the stop to .40 on oxy
01[11:22] {Threei}  CAT second half is stopped on a trail
01[11:22] {Threei}  really choppy
[11:22] {dptl} lets all go back to bed
01[11:23] {Threei}  uh oh
01[11:23] {Threei}  that would have to be one bad bed...
[11:23] {dptl} roflol
[11:23] {Will49} les has a bad index
01[11:23] {Threei}  I will have to respectfully decline the invitation
[11:24] {Will49} can't go to bed with anyone
[11:24] {Will49} Les that is
[11:25] {Les} covered oxy .11 ty Nemo
[11:25] {Les} made .25 target without me
01[11:25] {Threei} Long Setup:  BP  .85 break
01[11:25] {Threei}  If holds  .80
01[11:25] {Threei}  just a scalp
[11:34] {jdetente} darn CAT
01[11:34] {Threei}  yeah
01[11:35] {Threei}  chop chop
[11:35] {dptl} too bad i said its time for bed...there :)
[11:35] {ese} akam +.83 so far...........this is the way life was meant to be..........sitting here relaxed making money.........and when the spirit moves you.... insult nemo a bit then Les for a bit............what could be better
01[11:36] {Threei}  (CY) Eurogroup Finance Ministers reportedly planning to conduct a call on Cyprus later today
[11:36] {Will49} life works, doesn't it?
01[11:36] {Threei}  not for Cyprus deposit holders
[11:36] {ese} definitely
[11:37] {Les} I read legit Russian business dealings grinding to a halt with Cyprus. Good for the economy and confidence that...
01[11:37] {Threei}  legit russian business?
[11:37] {Les} oxymoron?
[11:37] {Will49} oxycontin
01[11:38] {Threei}  if there is any, why would it use Cyprus
[11:38] {Les} watching too much advertising will
[11:38] {ese} they better really have a good think about taxing those bank accts..........that in no uncertain terms will devestate that country..........will most certainly undermine confidence in the baniking system there for sure
[11:38] {Les} special tax status on dividends etc
01[11:38] {Threei}  no go BP
[11:38] {Will49} just a good ole American consumer les
[11:38] {jdetente} choppy morning indeed
01[11:39] {Threei}  yeah, first 20 min were all we got for confident trading
01[11:39] {Threei}  after that randomness took over
01[11:40] {Threei}  market is nervously waiting for another headline from Cyprus, and has Ben to listen to later on
[11:41] {patel} my big miss today was ULTA.
01[11:42] {Threei}  CAT...
01[11:42] {Threei}  sheesh
[11:42] {ese} that will tank the mrkt for sure.........i don't think the mrkt has ever gone up once after Bernackers has shot off his negative that man
[11:42] {Will49} i hate cats anyway
01[11:42] {Threei}  got the right read, disipline was too strict
[11:43] {ese} does nothing to instill confidence
01[11:43] {Threei}  lol
01[11:43] {Threei}  ese, you just don't quit, do you
[11:43] {ese} never
01[11:44] {Threei}  if 85 billion dollars monthly he injects in the market is not enough, what do you think he can do?
01[11:44] {Threei}  put a price on confidence then
[11:45] {ese} injecting the money is not aconfidence builder
01[11:45] {Threei}  what is?
01[11:45] {Threei}  saying "everything is hunky dory"?
[11:45] {ese} lol
01[11:45] {Threei}  Obama does that
01[11:45] {Threei}  where is confidence?
[11:46] {nemo} Les, not sure I'd take this range bottom in IWM
[11:47] {ese} am thinking ...don't have answer for yet.........but the resilience of the US economy is a good place to start......everyone was assuming armageden by now
01[11:47] {Threei}  what does ben have ti do with it?
01[11:48] {Threei}  you expect him to stand up and say "US economy is resilient" and you think things will look up after that?
[11:48] {Les} note we are back at bottom of the rane
[11:48] {Les} range
01[11:48] {Threei}  again, Obama said that about 200 times. Helped much?
[11:48] {cipher} out ONXX .42 +.41
[11:48] {ese} no not necessarilly
[11:49] {ese} well..........were into a rally aren't we
01[11:49] {Threei}  of course
[11:49] {cipher} Z L.92
[11:49] {nemo} mmmhhhh, if I believed in rigged markets, I'd say they're looking to bottom CAT out around 86 when Bennie speaks
01[11:49] {Threei}  and as we discussed about 200 times, thanks to 85 billion dollars monthly injection
01[11:50] {Threei}  you think there is direct link between market performance and economy?
[11:50] {nemo} Yeah, Bennie buys the riskier securities from the banks so they now have more room to upgrade their risk profile with US Treasuries
[11:50] {nemo} If Bennie stops buying, things get interesting
01[11:51] {Threei}  seriously, do you have an idea what is goijg to happen to the market if BVen stops bouying bonds?
[11:51] {ese} yup
01[11:51] {Threei}  see how market drops with any sioghltest hint that they may stop buying this year
[11:51] {Les} covered iwm. 1:3 +.15
01[11:51] {Threei}  so, you realize that market rallies thanks to this buying?
01[11:52] {Threei}  and economy state is irrelevant to this rally?
[11:53] {ese} and the amount of capitol that has still not been the trillions
01[11:53] {Threei}  sdo we are back to:
01[11:53] {Threei}  what is it you want Ben to do?
[11:54] {ese} lol
01[11:54] {Threei}  here is a kicker:
01[11:54] {Threei}  we both don't like Ben and what he is doing,
01[11:54] {Threei}  only I want him to stop doing it, and you want him to do more
01[11:55] {Threei}  - Despite the market optimism, the situation in Cyprus remains highly volatile. The consensus view is that Europe needs to find a way to restore confidence in Cyprus by this weekend or the banking system and economy could collapse. Plan A has been voted down and Plans B and C (whatever they were) have been dismissed.
01[11:56] {Threei}  Meanwhile, the ECB is balking at using the ELA for a bank recap, claiming that Cyprus's banking system is functionally insolvent. The Cyprus finance minister is in Moscow negotiating with the Russians, who have reportedly shown interest in granting a loan in exchange for natural gas assets and/or a naval base, but this route is problematic as well, also for diplomatic reasons.
01[11:56] {Threei}  After dropping below 1.2900 and the 200-day moving average during yesterday's session, EUR/USD has retaken 1.2950 overnight on vain hopes a solution was near.
[11:59] {Les} TNA longs are bane of my existance today another stop .16
[11:59] {Les} keeping it 100 shares
[11:59] {nemo} Les, what did I say above
[11:59] {Les} besides insulting me at every opportunity?
[12:00] {Les} I'm happy. took IWM short on full loadout
[12:03] {Les} last try .43
[12:03] {nemo} that's a big stop
[12:03] {nemo} looks good though
[12:04] {Les} yeh bullish divergence now in 1min with 3 turning up
[12:04] {Les} we'll see
[12:04] {nemo} only issue is the size of the stop
01[12:05] {Threei} Short Setup: FB  .05 break
01[12:05] {Threei}  If holds  .15
[12:07] {Les} outu .35
[12:07] {Les} spy dropping
[12:09] {_littleal} BOTT is in 3 trades currently,  LVS, GMCR and DDD.  If you want the details let me know.  I am in DDD and GMCR and closed out my LVS this morning.
[12:10] {cipher} out Z .87 -.05
01[12:11] {Threei}  who is bott?
[12:13] {_littleal} Sorry posted here in error.  He is another guy I am following.
[12:14] {Will49} we practice monogamy here :)
[12:15] {jdetente} no polygamy here hehe
01[12:15] {Threei}  well, unless dp takes over with his orgy suggestions'
[12:15] {jdetente} yikes
[12:15] {patel} we just practice backpage here.
[12:15] {Will49} omg
[12:15] {Will49} haha
[12:16] {dptl}  lol
[12:16] {backman} ahh, i knew i joined this rm for a reason
[12:16] {patel} We like to go to FB to find our CAT.
[12:16] {patel} and hten go to JPM.
[12:16] {jdetente} dp and his pal
[12:16] {jdetente}
[12:17] {Will49} good one patel
01[12:17] {Threei}  (CY) Cyprus cabinet reportedly to begin debate on capital controls; banks will remain closed through week end - financial press
01[12:20] {Threei}  ok FB... it's time
[12:21] {jdetente} time for the 2 x 4
01[12:21] {Threei}  The best name for the home Wi-Fi network guaranteed to give your neighbors shivers: FBI Surveilance Van
[12:21] {Will49} Yes!
[12:27] {backman} tighten FB stop?
01[12:28] {Threei}  formally yes... informally, this is what took us out of two winning plays today, lol
01[12:28] {Threei}  let's leave it to your discretion
[12:29] {jdetente} I keep giving CAT the evil eye
[12:29] {jdetente} it just laughs back at me lol
[12:29] {Will49} cat's eye
[12:44] {cipher} ONXX L .37
[12:45] {cipher} out .44
[12:52] {cipher} onxx l .34
[13:02] {Les} CAT
[13:07] {cipher} out ONXX .65 +.28
[13:08] {patel} coem on FB break 26
06[13:11] * Threei hits FB over the head with 2x4
[13:13] {ese} out cnw.........00 +.12  had enough watin there
[13:13] {nemo} well, with what's going on in Europe Bennie can't say anything bad for the market
01[13:18] {Threei}  ok, with FB bouncing just couple cents of 1:1, this time I do trail dtop
01[13:18] {Threei}  stop
01[13:18] {Threei}  .11
[13:21] {nemo} finnies been maintaing a trend since 10:30
[13:23] {Les} LVS pushing it today
[13:23] {backman} EBAY also
01[13:26] {Threei}  if FB works, it will be officially nominated as the longest hold of 2013
06[13:34] * Threei pours poison in FB's coffee
[13:34] {nemo} would you do Les' first
[13:35] {Will49} try slapping its face-book
01[13:35] {Threei}  I would never ever do that
01[13:36] {Threei}  I am a very peaceful human being deeply detesting violence in all its forms
[13:36] {nemo} VXX dropping so nobody seems to be worried about Bennie
06[13:36] * Threei slaps nemo around a bit with a large anti-violence banner, spiked with rusty nails
[13:36] {cipher} ONXX L .01
[13:37] {nemo} that's it, I'm outta' here...frickin' crunchy granola Ukranians, sheesh
06[13:37] * Threei slaps nemo around a bit with a large piece of a raw beef spiked with hemlock and rusty nails
[13:38] {nemo} you'll have to do better than that
01[13:38] {Threei}  see just how anti-violence I am?
06[13:40] * Threei slaps nemo around a bit with a concrete streetlight pole decorated with pink tie
[13:40] {patel} speaking of violence
[13:40] {patel} After he came into the courtroom, Lane calmly unbuttoned his blue dress shirt to reveal the T-shirt reading "killer," which the prosecutor noted was similar to one he wore during the shooting.
[13:40] {patel} At one point, Lane swiveled around in his chair toward the gallery where his own family members and those of the slain teenagers were sitting and spoke suddenly, surprising even his lawyer.
[13:40] {patel} "The hand that pulled the trigger that killed your sons now masturbates to the memory," he said, then cursed at and raised his middle finger toward the victims' relatives.
[13:41] {Les} wow vad
[13:41] {Les} u did it
01[13:41] {Threei}  wow... did I??
01[13:41] {Threei}  can't believe it
[13:41] {patel} this was some teenager in Ohio that shot 3 students
01[13:42] {Threei}  FB!
01[13:42] {Threei}  probing 1:1
01[13:42] {Threei}  1 h 37 minutes
[13:43] {jdetente} miracles do happen
[13:43] {jdetente} FB a patience tester
[13:55] {patel} we holding FB into FOMC
01[13:56] {Threei}  half, with b/e stop...
01[13:56] {Threei}  for better or worse
01[13:56] {Threei}  till Ben does us part
01[14:01] {Threei}  decided to continue purchasing additional agency mortgage-backed securities at a pace of $40 billion per month and longer-term Treasury securities at a pace of $45 billion per month.
01[14:01] {Threei}  there ese... happy?
01[14:02] {Threei}  Committee reiterates it decided to keep the target range for the federal funds rate at 0 to 1/4 percent and currently anticipates that this exceptionally low range for the federal funds rate will be appropriate at least as long as the unemployment rate remains above 6-1/2 percent, inflation between one and two years ahead is projected to be no more than a half percentage point above the Committee's 2 percent longer-run goal, and longer-term inflation expectations continue to be well anchored.
[14:02] {Les} can we go back to sleep now?
[14:04] {Will49} don't worry, they can "fudge" the unemployment numbers any time they please
[14:04] {Les} lvs  short .60?
[14:04] {Will49} rate will likely get "fixed" in time for next Dem President to be elected
[14:05] {Will49} Will lowers his jaded head
01[14:05] {Threei}  .60?
01[14:05] {Threei}  too far from here
[14:05] {Les} obviously not
[14:05] {Les} now
[14:06] {cipher} LMCA L .30
[14:07] {cipher} out .53 +.23
[14:07] {nemo} homebuilders being bid
[14:07] {Les} short lvs .72
[14:08] {Les} cover half .65
[14:08] {Les} DT baby
[14:12] {Les} out last half .71 not hanging around
[14:15] {ese} Not good enough.......he needs to sound happier whe he says stuff like that
[14:16] {ese} akam +1.00
[14:17] {jdetente} gj ese
[14:18] {Les} nice one ese
[14:18] {cipher} LMCA S.88
[14:19] {nemo} I'm not coming in on Fed Days anymore
[14:20] {Will49} way to go ese
[14:21] {cipher} cov LMCA .69 +.19
[14:22] {ese} put the stop in at gonna let it ride
[14:23] {ese} 37.50 is next resistance according to my iscan........gonna see if it can make that
[14:23] {ese} it would have been there today if Bernackers would have sounded hapier
[14:24] {Les} big volume coming into lvs at R3
[14:25] {nemo} pullback over  on to new highs on the year
[14:30] {nemo} add back the dividend 156.12 would be new highs
[14:35] {Les} LVS didn't give me a 2nd run above 55 to short...
[14:37] {cipher} ONXX may get short squeeze
[14:38] {Les} vad I'm a little confused by the volume price action in LVS
[14:38] {Les} first spike at 55
[14:39] {Les} 2nd breaking through it
[14:39] {Les} that constitutes the topping action?
[14:39] {Les} not exactly a DT
01[14:39] {Threei}  (US) Fed Chairman Bernanke: Job market has shown signs of improvement over last six months, economic data has returned to positive growth after a pause - press conference- Inflation expectations are stable, running below FOMC objectives. - Most participants agree that QE continues to provide meaningful support to the economic recovery - Risks to financial stability include threats to the functioning of securities markets and low rates spurring excessive risk-taking behavior. FOMC decided that the risks continue to be manageable. - FOMC could vary pace of asset purchases, although at current meeting decided not to vary the purchases. - Reiterates that the Fed's policy thresholds are not automatic triggers for changes in monetary policy
01[14:42] {Threei} Short Setup: FB  .95 break
01[14:43] {Threei}  If holds  26
[14:46] {cipher} out ONXX .55 +.51
01[14:46] {Threei}  wtg
[14:46] {Les} good call on the run cipher
[14:46] {ese} Nice one C
[14:46] {cipher} thx
[14:47] {cipher} saw it coming
[14:47] {cipher} shorter got caught with his pants down
01[14:47] {Threei}  and those were lulu pants to begin with
[14:47] {cipher} yep
[14:47] {Will49} lol
[14:47] {Will49} i mean lulululu
[14:48] {ese} Everyone on the board bought there LuLu Lemon see through clothes
[14:49] {Will49} is that a question?
[14:49] {ese} i
[14:49] {ese}  could be.......i've kinda left that up in the air
[14:50] {Will49} i refuse to answer on the grounds that....
[14:50] {ese} I say we get some will and wear them to vads shiskabob party
[14:50] {ese} have to get some as well
[14:50] {Will49} yeah man
[14:51] {Will49} he'll be able to see some russian guns
[14:51] {ese} hmmmmmmmmmmmmmmmm
[14:51] {patel} yes
[14:51] {Will49} i left that up in the air
01[14:53] {Threei}  considering dp's inclination we learned of just today... will you really take this risk?
[14:53] {Les} covered half at .88 ty
01[14:54] {Threei}  halt out FB .87
[14:54] {Will49} long as you keep your lulus on
[14:54] {ese} thats another hmmmmmmmmmmmmmm
01[14:54] {Threei}  I mean... [11:22] {dptl} lets all go back to bed
01[14:56] {Threei}  bidding 1/4 .81
[14:56] {ese} lol
01[14:57] {Threei}  ok, .83
[14:57] {Les} done ty
[14:57] {Will49} out at .82 tks Vad
01[14:57] {Threei}  and keeping last peice to see if we can break .80
[14:57] {Les} hmmm new lows per chance?
01[14:57] {Threei}  yw
[14:57] {Les} volume looks good
[14:57] {Les} daily
01[14:57] {Threei}  and I just hate the company
01[14:58] {Threei}  (as if has anything to do with trading)
[14:58] {Les} oh
[14:58] {Les} I thought you meant my company
06[14:59] * Threei unties pink tie from the concrete streetlight pole and hits nemo with it whe he expects it the least
01[14:59] {Threei}  stop .91
01[15:00] {Threei}  see Les... when I managed to beat nemo out the door, it was not the conrete pole that did it... it was pink tie
[15:01] {Les} he homophobic as well?
[15:01] {Will49} he's hemoglobin
[15:01] {nemo} if I can put up with you Les, I can put up with anybody
[15:01] {Les} you mean he doesn't have green goblin blood will?
01[15:02] {Threei}  he sent me hateful e-mail to the effect: poison me, beat me up, shoot me, throw grenade at me... I will all too happy to return all these favors. But pink tie?? I just turn away and walk away, keeping my head up, in proud silence.
[15:02] {Les} love you too Nemo
[15:02] {Les} bwaahahahahhaaaa
[15:02] {nemo} now he's imagining things
[15:02] {Les} wow UPS
[15:03] {Les} what's happening to freight
01[15:03] {Threei}  why, I can even hsow the e-mailm, just give me couple min to fake it
[15:03] {nemo} same as FDX
[15:03] {Les} ;)
[15:03] {Les} woooow
[15:03] {Les} FDX death
[15:03] {Les} trannies gonna cave quikc at that rate
01[15:04] {Threei}  bad report and poor guidance
[15:04] {ese} gotta go heading out for lunch......catch ya tamara...
[15:04] {Will49} be good ese
01[15:04] {Threei}  {tamara} you sure? I run fast
[15:04] {ese} cya will
[15:04] {ese} yes indeedee
01[15:17] {Threei}  die FB
01[15:17] {Threei}  lose .80 and die
01[15:18] {Threei}  daily is horrible
01[15:18] {Threei}  nothing but air down to 25
01[15:18] {Threei}  and if that is lost...
[15:19] {Les} zuckerburger loses a pretty penny if he ain^'t already cashed out
[15:19] {nemo} options
01[15:23] {Threei}  btw, in case you didn't know... nemo recently discovered a way to make pedestrians to move away much faster when he drives. He replaced his standard car honk with new one, imitating gunshots.
[15:24] {nemo} semi-automatic bursts actually
[15:25] {Les} always the charmer
[15:25] {nemo} frickin' proletariat pains in the ass
[15:25] {Les} Nemo for President
01[15:26] {Threei}  he has my vote
[15:26] {Will49} Les for precedent
01[15:26] {Threei} Short Setup: CAT  .90 break
01[15:27] {Threei}  If holds  87
01[15:27] {Threei}  a tad late alert... sorry
[15:27] {jdetente} missed
[15:27] {jdetente} shoot
[15:27] {Will49} me too
01[15:27] {Threei}  yeah, was just a second late to post
[15:28] {Les} just bounced off vwap resistance might keep going down
01[15:29] {Threei}  ok
01[15:29] {Threei}  in
[15:30] {_littleal} so if CAT hit 87 you would stop out?
01[15:30] {Threei}  if it breaks it
01[15:30] {Threei}
01[15:31] {Threei}  make sure you read it to understand alerts
[15:33] {nemo} and don't spend too much time talking to Les, it'll take 20 points off your IQ
01[15:33] {Threei}  1:2
01[15:33] {Threei}  1:1
[15:34] {_littleal} thx for the help.
01[15:34] {Threei}  sure thing
[15:36] {Les} oh nemo
[15:39] {nemo} so, take out the little Cypress blip and add back the dividend, we're basically trading flat, building a base at the highs in IWM SPY and Finnies
01[15:39] {Threei}  pretty much
01[15:40] {Threei}  but with Cyprus uncertainty, who knows which way it resolves
[15:40] {Les} more free money
[15:40] {nemo} I figure we keep moving higher into earnings season, get next months fund inflows, then begin the usual May selloff
01[15:41] {Threei}  yes but all that is providing nothing else happens - and with idiots running the world show, anything can happen any moment'
01[15:41] {Threei}  we have potential government shutdown in a week or so,
01[15:41] {Threei}  Cyprus,
01[15:41] {Threei}  Spain,
01[15:41] {Threei}  Italy,
[15:42] {nemo} nah, Republicans won't let government shut down
01[15:42] {Threei}  and before I list about 200 other countries let's just say, there is no lack of idiots, whatever locale you have in mind
[15:42] {Les} hey I'm still here
[15:44] {Les} finally got that fricker tna .04 to .30
01[15:44] {Threei}  wtg
[15:44] {Les} niuce short squeeze to give it some mom
[15:44] {Les} mom o
01[15:44] {Threei}  probably time to start paying attention to BBRY again
01[15:44] {Threei}  when is the US launch? Match 22 or so?
01[15:45] {Threei}  march
01[15:46] {Threei}  yes
01[15:46] {Threei}  BlackBerry Confirms AT&T To Launch BlackBerry Z10 March 22 For $199.99, Pre-Sales Begin March 12- Reminder: On BBRY reports indicated the model release date for AT&T was March 22 - Note: Reports on 3/1 were that Sprint had opted against offering the Blackberry Z10 touch screen handset; will wait to sell the Q10
01[15:47] {Threei}  unless it offers sensational resul;tsa, I'd think it will be a great short opportunity
01[15:47] {Threei}  no more surprizes, quiet fizzle out
01[15:48] {Threei}  only break ober 18.30 will change my perception
[15:51] {jdetente} freakin CAT
[15:51] {Les} s fdx .89
[15:51] {Les} stop 99
[15:53] {cipher} wow TNA
[15:53] {cipher} nice whipsaw
01[15:56] {Threei}  BBRY nice drop
01[15:56] {Threei}  gotta keep and eye on it from tomorrow
[15:56] {Les} vwap here
01[15:56] {Threei}  OK guys, thank you all
01[15:56] {Threei}  have a good evening, see you tomorrow
[15:56] {Will49} TTFN
[15:56] {jdetente} gn all
[15:56] {Les} cheers
[15:57] {cipher} gn
[15:57] {Les} cover .93 fdx