Friday, April 19, 2013

Apr 19 2013

Finishing a day positively, even though not as spectacular as we got used to over last couple weeks, ending the week on a great note, with a very strong result and newer members reporting their best week ever. Good way to retire for the weekend.

Session Time: Fri Apr 19 00:00:00 2013
[08:44] {thomcbell} GM
[08:44] {thomcbell} good morning
[08:48] {nemo} not in my neck of the woods
[08:49] {thomcbell} some guy leaning on his truck horn here in brooklyn - somewhat jarring
[08:49] {nemo} I'm in MA...
[08:49] {thomcbell} oh no -
[08:50] {nemo} I live south of what's going on, but I know those neighborhoods well
[08:50] {jdetente} stay safe Nemo
01[08:50] {Threei}  morning guys
[08:50] {nemo} I'm fine...chechens
[08:50] {thomcbell} sounds crazy - stay safe is right
01[08:51] {Threei}  what's going on?
[08:52] {jdetente} one of the bombing suspects killed
[08:52] {jdetente} they killed a police office at MIT and the second guy is on the run
[08:52] {nemo} literally...things blew up last of the suspects dead, manhunt for the other...brothers of Chechen descent...
[08:52] {nemo} yep
01[08:52] {Threei}  wow
01[08:52] {Threei}  gotta turn TV on
[08:52] {nemo} towns of Watertown and Newton on lockdown
[08:53] {nemo} they're southwest of Boston
[08:53] {jdetente} the one was hurling explosives at the police before he was killed
[08:53] {jdetente} out of the car
01[08:53] {Threei}  so it's muslim fanatics?
[08:54] {nemo} whoda' thunk?
[08:54] {nemo} when the pictures went out, they were described as "white"  You look at the pictures and go "huh?"  definitely ethnic
[09:04] {nemo} police say Dzhokhar Tsarnaev is posting online "i will kill all of you because you killed my brother."
[09:05] {nemo} so, the sons of Stalin strike
[09:10] {Les} you livin in a warzone
[09:12] {cipher} gm
01[09:12] {Threei}  cipher :)
[09:12] {nemo} a little bet north of here
[09:17] {Will49} gm
01[09:17] {Threei}  will :)
[09:21] {Les} anyone, nough of the doom and gloom. Morning all!
01[09:21] {Threei}  les :)
[09:21] {Les} rain returns
[09:21] {Les} and I am celebrating
[09:22] {Les} bloody pollen levels were ridiculous this last week with the switch to warm and sunney
[09:24] {Les} DeNiro 70 this year. Damn time is moving on
01[09:24] {Threei}  is there some connection trouble?
[09:25] {Les} yeh I'm using up all the bandwidth chattering
[09:28] {Les} reading an interview with DeNiro, discovered a 70's movie of his by Scorsese I didn't know - Mean Streets. Any good?
[09:28] {thomcbell} yes good
[09:28] {nemo} very raw
[09:28] {thomcbell} raw
[09:28] {nemo} Harvey Keitel too
[09:28] {thomcbell} eggsactly nemo
[09:28] {Les} damn they're young looking fellas
[09:28] {nemo} many of the early group
01[09:28] {Threei}  will skip first minutes, don't see clear opening play
[09:29] {Les} Notice metals trying to get that bounce into resistance happening. Not very enthusiastic
[09:29] {Les} gold leading means risk off
[09:32] {jfjf64} mornin
01[09:32] {Threei}  jf :)
01[09:32] {Threei} Long Setup:  GLD  .50 break hl
01[09:33] {Threei}  If holds  .35
01[09:34] {Threei}  nah
[09:35] {Les} woha grabbed GDX for a wild drop
01[09:36] {Threei} Long Setup:  GDX  .70 break
01[09:36] {Threei}  If holds  .60
[09:36] {thomcbell} long setup gwre 37.37 break hl
[09:38] {Alexs} gm
01[09:38] {Threei}  alex :)
[09:38] {thomcbell} slw could db here
01[09:39] {Threei}  1:1
01[09:40] {Threei}  GLD goes now
[09:40] {Les} 2nd entry GDX if holding .60{'
[09:40] {Les} ?
01[09:41] {Threei}  jumped
[09:41] {Les} bit crazy for me
[09:41] {Les} VWAP is holding it down at .80
[09:42] {cc_9} GM folks.
01[09:42] {Threei}  cc9 :)
01[09:43] {Threei} Long Setup:  SLW  .28 break
[09:43] {Les} banksters showing early weakness... C
01[09:43] {Threei}  If holds  .20
01[09:45] {Threei}  come on... 1 cent to 1:1?
01[09:45] {Threei}  yeah
[09:45] {Les} VWAP again
[09:46] {jdetente} AAPL getting closer to half off the all time highs...
[09:46] {jdetente} be still my
[09:46] {Les} CAT 80 short?
[09:47] {Les} wild ride there too
01[09:47] {Threei} Long Setup:  C  .10 break
01[09:47] {Threei}  If holds  45
[09:49] {Les} 2 way on C?
01[09:49] {Threei}  Invalidated
01[09:49] {Threei}  no
[09:50] {Les} CAT 2 way vad?
01[09:50] {Threei}  short yes, long no
[09:50] {cipher} veco l .70
[09:50] {Les} k hl
[09:52] {cipher} out veco .05 +.35
[09:52] {Les} BBRY very weak
01[09:52] {Threei} Long Setup:  LVS  .70 break hl
01[09:52] {Threei}  If holds  .60
[09:53] {cipher} out cavm .35 +.44
01[09:56] {Threei}  1:1
[09:57] {Buster} Thanks Vad
[09:57] {cipher} infa l .45
01[09:57] {Threei}  yw
01[09:57] {Threei}  1:2
01[09:57] {Threei}  1:3, out
[09:57] {cipher} CRZO L.31
[09:57] {Les} huge disreprency between SLW and GDX
[09:57] {Will49} tks Vad (whew)
01[09:58] {Threei}  :)
01[09:58] {Threei}  1:4... is "awww" an emotion?
01[09:58] {Threei} Short Setup: SLW  23 break
01[09:58] {Threei}  If holds  .10
[09:58] {cipher} out  INFA .63 +.18
01[10:00] {Threei}  1:1
[10:00] {thomcbell} long setup hig 26.24 break if holding 26.20
[10:00] {thomcbell} splk long setup 40.20 break if holding 40.10
[10:00] {cipher} out ctxs .53 +.22
[10:01] {thomcbell} hig 1:1
[10:01] {Les} lvs 53 reversal?
[10:02] {thomcbell} splk 1:1
01[10:02] {Threei}  yes but keep it to hl
[10:02] {thomcbell} splk not a day trade for me
[10:02] {thomcbell} not a scalp rather
[10:03] {thomcbell} target 40.75
[10:03] {cipher} nxpi l.92
[10:03] {cipher} out .99
[10:04] {cipher} out crzo .41 +.10
[10:04] {thomcbell} gwre 1:3
[10:05] {cipher} rose l .05
[10:06] {cipher} out .25
[10:08] {cipher} nxpi s .28
[10:09] {cipher} stopped .25 +.03
01[10:09] {Threei} Short Setup: C  .30 break
01[10:09] {Threei}  If holds  .35
01[10:10] {Threei}  too fast
01[10:10] {Threei}  late alert, sorry
01[10:10] {Threei}  1:1, no secondary entry
[10:12] {Les} lvs 1:1
[10:15] {Les} 1:2 all covered
[10:15] {Les} SLW playing games again
01[10:17] {Threei} Long Setup:  GDX  .45 break
01[10:17] {Threei}  If holds  .35
[10:19] {cipher} abx l .40
[10:19] {thomcbell} gwre out
01[10:19] {Threei}  1:1
[10:19] {cipher} RGLD L.03
[10:20] {thomcbell} hig stop to 26.32
01[10:20] {Threei}  frikin C... why did you have to run away
[10:21] {cipher} ABX stopped . 33 -.07
[10:22] {Les} CAT
[10:22] {Les} .60? holding .70{?
[10:22] {Les} .75?
01[10:23] {Threei}  no read
[10:23] {Les} k
[10:24] {thomcbell} vad what do u think cit long setup
[10:24] {Les} BBRY BBY trying to squeeze shorts
[10:25] {Les} BBRY resistance should be around here
[10:25] {Les} SLW new short .70?
01[10:26] {Threei}  don't see it clearly tbell
[10:26] {thomcbell} cit nothing there now
[10:26] {cipher} out RGLD .13 +.10
01[10:27] {Threei}  not clear, SLW... chart is right but SPY weakens
01[10:27] {Threei}  and SLW tends to hedge
01[10:27] {Threei}  look how perfect that double top was on C, when I called short at .30
[10:28] {nemo} too frickin' tired to be insulting today
01[10:28] {Threei}  still mourning being 1 sec late with alert, lol
[10:28] {Les} don't see it clearly
[10:28] {Les} the DT
01[10:28] {Threei}  10:08 and 10:10
[10:28] {Les} I see the vol. as it exhausts itself
01[10:29] {Threei}  second one is lower, both with upward tails
01[10:29] {Threei}  one peakas above BB, second is contained
[10:29] {Les} 10:07 and :09 on my screen. Ok I see that
01[10:29] {Threei}  classic
[10:30] {Les} BBRY trying hard here at resistnace to squeeze some more
[10:30] {thomcbell} cit 41.54 break if holding 41.45 half lot
[10:30] {thomcbell} didnt realize this was such a thin name
[10:31] {Les} BBRY .55 short if holding .65?
[10:31] {thomcbell} hig got stopped on balance at 26.32 - +0.08
[10:31] {Les} looks like DT at .61 or .62
[10:32] {Les} or small ascending triangle for fresh breakout
[10:32] {Les} you been up with the bunny all night again boy?
[10:32] {Les} should leave her little tail alone
[10:32] {Will49} nemo was out shooting the Boston bombers
[10:32] {nemo} couldn't sleep, then all hell broke loose about 2am with the bomber shit
[10:33] {Les} u leave ur telly on, or the neighbours were all out patrolling the streets?
[10:33] {cipher} ABX L.27
[10:33] {Will49} did you get him on the first shot?
[10:33] {Les} Vad C tightening for a new move here
[10:34] {Will49} will go either up or down Les
[10:35] {Will49} guess!
01[10:35] {Threei}  up
[10:35] {jdetente} Here's an interesting article detailing the bomber that was killed.
[10:35] {jdetente}
[10:35] {Les} frikin CANuck that's what setups are for
[10:35] {jdetente} as an aside
[10:36] {Les} don't care about the individual. I am curious that Chechnya is leaking onto domestic US territory.
[10:36] {thomcbell} nice trade there on lvs - was that you les?
[10:36] {nemo} muslims
[10:36] {Les} which one?
[10:36] {thomcbell} somebody shorted lvs
[10:36] {jdetente} read the article les
[10:36] {Les} yeh chechnya got the marchandise needed. Muslim terrorists welcome
[10:36] {jdetente} it's more about his religious fanaticism
[10:36] {Les} yeh that was me
[10:38] {Les} yeh jd, so in that sense, muslim fascists taking their fight out of Europe
[10:38] {Will49} so Vad, are you calling C break .20?
[10:38] {Will49} didn't want to miss it
[10:38] {Les} I like C short
[10:39] {Will49} my simple system: if Vad doesn't call it- i don't take it
01[10:39] {Threei}  am not
[10:40] {Will49} Les is king
[10:40] {Les} been busting 15 min BB's as resistance just overhead.
[10:40] {Will49} for 5 minutes
[10:40] {Les} no thanks
[10:40] {Les} just defining setups as I see em
[10:41] {Will49} you're not rising to the bait this morning Les
[10:41] {Les} no ritalin working fine and I ain't mixing alcohol
[10:41] {Will49} thought I'd take over for nemo
[10:41] {Will49} as he's busy cleaning his gun
[10:41] {Les} cleaning his bunny
[10:42] {jdetente} gun and bunny
01[10:42] {Threei}  gun with bunny
[10:42] {jdetente} lmao!
[10:42] {Les} hmmm
[10:42] {Les} not sure about that
[10:42] {Will49} good one Vad
06[10:42] * Threei takes a bow
[10:42] {jdetente} poor Peter Cottontail
[10:43] {Les} GDX might be ready for a litlte upside here
[10:43] {Les} but no setup
[10:43] {Les} oooh JPM
[10:44] {Les} forget it
[10:44] {Les} might break down but... tighter than the bore on Nemo's pop guns
[10:46] {nemo} chrome lined
[10:47] {Les} chrome lined bores?
01[10:49] {Threei} Short Setup: GDX  .30 break
01[10:49] {Threei}  If holds  .40
01[10:49] {Threei}  Invalidated
[10:50] {Les} was a bit cantankerous earlier in the wake due to rapid wake up of every frikin pollinating tree in Switzerland all letting go at the same time. Mixing some strong stuff to survive the day Tue/Wed.
[10:50] {Will49} well, that explains everything
[10:50] {Les} week, not wake
[10:51] {Will49} now I like you Les
01[10:51] {Threei}  less?
[10:51] {Will49} :)
[10:51] {backman} more...or less?
[10:51] {Les} went from wet and 10 degrees to 21 and sunny overnight. Trees that normally pollinate as far back as Feb all letting go at same time
[10:52] {Les} less is no more
[10:52] {Will49} is that why you left Aus?
[10:52] {Will49} allergies?
01[10:52] {Threei}  I start thinking of Les's Switzerland as some kind of mortal danger zone
[10:52] {Les} didn't have any in Oz
[10:52] {Les} gift from Europe
[10:53] {Les} poor daughter's face was blowing up like a balloon. obviously allergic as well
[10:53] {Will49} so you moved to Switzerland to be closer to your money
[10:53] {Les} my wife's money
[10:53] {Les} ;)
[10:54] {Will49} even better
01[10:54] {Threei}  as much as I like an idea of being close to Les wife's money, I will stay away from Switzerland
[10:55] {thomcbell} splk 1:3
[10:55] {Will49} yeah, I couldn't get used to wearing the short pants with suspenders the men have to wear
[10:56] {Les} so-called global warming ain't making life easier
01[10:56] {Threei}  and when I think of how close those Scottish parachutists are...
[10:56] {Will49} LOL
[10:56] {Les}
[10:56] {cipher} out ABX .43 +.16
[10:58] {Will49} Les, NOW i see
[10:58] {Les} there's lederhosen and there's lederhosen...
[10:58] {Will49} do you have a spare room? I want to visit
[10:59] {Les} something about invasive species I recall....
[10:59] {cipher} EVEP drop
[10:59] {Will49} :)
[10:59] {Les} :)
[11:00] {cipher} EVEP L.18
01[11:00] {Threei}  (SI) Slovenia Fin Min: Slovenia will not be a repeat case of Cyprus
[11:00] {Les}
[11:00] {Les} u Kanucks seen this?
[11:01] {Les} Canucks?
[11:02] {Will49} watching
[11:03] {Les} I like tar sands "Mordor"
[11:03] {Will49} hahahaha
[11:04] {patel} gm
01[11:04] {Threei}  patel :)
[11:04] {patel} I miss anything
01[11:05] {Threei}  decent morning... not spectacular but positive
[11:05] {patel} Had to take my wife to the doctor's this morning.
01[11:05] {Threei}  is everything OK?
[11:05] {patel} yeah
01[11:06] {Threei}  you know, I think these folks whining abvout pollution in Canada never left Canada
[11:06] {Will49} Les...that's a classic :)
[11:08] {Will49} even we deniers find it hillarious
[11:08] {cipher} EVEP stopped .-28
01[11:09] {Threei}  I met my tax preparer yesterday. I find nothing hillarious today
[11:09] {Les} heh
01[11:09] {Threei}  In fact I hate life today
[11:09] {Will49} you one-perceners have to PAY, Vad
[11:09] {Will49} percenters
[11:10] {Les} both SLW and GDX at their vwap resistance
[11:10] {cipher} EVEP L.49
01[11:10] {Threei}  (US) Reports of a suspicious package at a Visitor's center in Capitol Hill, Washington DC, evacuations ongoing
01[11:11] {Threei} Short Setup: C  .20 break
01[11:11] {Threei}  If holds  .25
01[11:12] {Threei}  two-sided
[11:14] {Les} taking JPM long too
01[11:14] {Threei}  stop .18
[11:14] {Les} stronger
[11:14] {jfjf64} l kmb 105.00
[11:15] {thomcbell} cit 1:1
01[11:18] {Threei}  keep shares small oln that one jf, can be really volatile
[11:18] {jfjf64} ty
[11:18] {cipher} out EVEP .20 +.71
01[11:18] {Threei}  wtg
[11:18] {thomcbell} a+
[11:18] {cipher} ty
[11:20] {backman} who is the clown on ARCA at 45.27?
01[11:21] {Threei}  whoever he is, if GS finally breaks over .80 he is going to get steamrolled
[11:21] {Les} GS underperforming the rest. at VWAP resistance
[11:24] {thomcbell} vad i sent you message
01[11:24] {Threei}  you assume I can read
[11:25] {thomcbell} fyi guys i sold 1/2 splk here in the 40.50's - it names really not great
[11:28] {thomcbell} using a 40.50 stop on balance of splk
[11:28] {cipher} EVEP L.11
01[11:28] {Threei}  1 cent of 1:1 again??
[11:30] {cipher} AREX L..60
01[11:30] {Threei}  tbell, dcc :)
[11:31] {backman} when u trade C with a tighter stop, do you have narrower profit targets
01[11:32] {Threei}  normally, no
01[11:32] {Threei}  maybe partial at .34 in this case is a good idea
01[11:32] {Threei}  since .35 proves to be a problem
01[11:33] {Threei}  but I think it was GS sudden drop that caused C to retreat
01[11:33] {Threei}  1:1
01[11:33] {Threei}  GS is back to high, now either it breaks or double-tops
01[11:33] {Threei}  and that will determine futher C fate
[11:35] {jfjf64} kmb
[11:35] {backman} tu
[11:35] {jfjf64} got scared with that bg of pullbk
[11:36] {cipher} out AREX .66 +.06
[11:36] {thomcbell} out rest splk here in 40.60's - + 0.42
[11:37] {Will49} nice Tb
[11:37] {thomcbell} tu - needed a good day
[11:37] {Les} gj
[11:40] {cipher} out EVEP .29 +.18
[11:41] {thomcbell} darn splk hit target
01[11:42] {Threei}  jf, that's an untradeable stock
[11:44] {backman} GDX bouncing off its lows
[11:44] {Les} damn miners just died after touching vwap
[11:44] {cipher} ACTG L .01
[11:46] {cipher} out -.11
[11:47] {cipher} ACTG S.91
[11:47] {cipher} cov .66 +.25
[11:47] {cipher} almost got the bottom
01[11:51] {Threei}  where is dino today?
[11:51] {Will49} Jurasic Park
01[11:51] {Threei}  you may have overcommunicated with me will...
[11:51] {Will49} ooops
01[11:52] {Threei}  recognizable and questionable humor {G}
[11:52] {Les} I thought that was funny
[11:52] {Les} but don't mind me
[11:52] {Will49} thanks Les, my friend:)
[11:55] {Les} not sure you can replace Nemo, but as a stand in ... yeh why not. :)
[11:55] {cipher} ACTG L.14
[11:58] {cipher} out .39 +.25
[11:59] {cipher} got my revenge, I'm satisfied
01[12:00] {Threei}  :)
[12:02] {Les} slw returning to lows. not sure for a db or consolidation and further selling
[12:03] {Les} .25 long GDX?
[12:03] {Les} holding .20?
01[12:03] {Threei}  nah
[12:03] {Les} still too scared to call UK junk?
[12:04] {thomcbell} possible short setup here splk 40.96 break if holding 41.03
01[12:12] {Threei} Short Setup: SLW  .50 break
01[12:13] {Threei}  If holds  .60
01[12:13] {Threei}  aggressive for .40, target 1:3
[12:20] {Les} missed yer call vad, can take full load short here?
01[12:20] {Threei}  hmm?
[12:20] {Les} slw at .40
01[12:21] {Threei}  call is .50
[12:21] {cipher} ACTG L.28
[12:21] {Les} missed it
01[12:21] {Threei}  why would you want to take it at .40?
[12:21] {Les} consolidating at the lows
[12:21] {Les} and looking ready to go lower
[12:21] {Les} GDX falling
01[12:21] {Threei}  personal preference
[12:21] {Les} k
01[12:22] {Threei}  this is a new setup
01[12:22] {Threei}  and inlight of mine, riskier
[12:22] {Les} how can I tar and feather you if you force me to accept responsibility for my actions?
[12:22] {Les} ;)
[12:22] {thomcbell} splk 1:1
[12:23] {cipher} out ACTG .42 +.14
01[12:23] {Threei}  with 2x4
[12:24] {Les} manipulation with violence huh...
01[12:24] {Threei}  but for that you'd have to get within striking distance of me... and hating life after yesterday's meeting with accountant, I tend to set a machine gun on "shoot automatically on approach"
[12:24] {nemo} so violent
[12:25] {Will49} great comment nemo...coming from you:)
01[12:26] {Threei}  considering that supplied me with motion autodetect syustem for that gun...
01[12:26] {Threei}  that he supplied
[12:26] {thomcbell} Stop to b/e on splk
[12:35] {backman} how do u trade thes stocks with .05 spreads...VRTX was .08 earlier today
[12:35] {thomcbell} splk 1:2
[12:36] {thomcbell} last 1/4 using a 40.85 stop
[12:37] {thomcbell} u mean splk?  Batman?
01[12:37] {Threei}  with deep disgust and periodic swearing
[12:40] {backman} i feel the love VRTX left me gasping for breath....
01[12:40] {Threei}  see? if you swore while trading it, it would have evened out your breathing
01[12:41] {Threei}  one caveat though
01[12:41] {Threei}  you have to study Russian for that... english swearing is too short
01[12:42] {Threei}  ok SLW
01[12:42] {Threei}  give us 1:2 now
01[12:42] {Threei}  there... good boy
01[12:42] {Threei}  that's better
01[12:43] {Threei}  good winning percentage, and couple of them are juicy enough to make a day worth waking up
01[12:43] {Threei}  although that accountant... ugh
[12:44] {patel} hey hey hey dont talk about accountants or I might have to come an audit you.
06[12:45] * Threei checks motion detect system on the machine gun, and oils moving parts anew
[12:46] {thomcbell} splk 1:3
01[12:46] {Threei}  wtg
01[12:47] {Threei}  SLW 1:3 target hit, out
01[12:47] {Threei}  don't you love aggressive entrues
[12:47] {patel} Thanks
01[12:47] {Threei}  yw
[12:47] {patel} I missed the 1st entry
[12:47] {patel} but I took it on the pullback.
01[12:47] {Threei}  so you pulled Les?
01[12:47] {Threei}  oh I see
[12:48] {patel} I guess still got in at .49
01[12:48] {Threei}  yeah, but after it reached 1:1?
01[12:48] {Threei}  if so, then your stop would have to be .51
01[12:48] {Threei}  not the original .61
[12:49] {patel} oh crap. Yes I just see where it hit .36
[12:49] {patel} when I came back I saw .40's
01[12:49] {Threei}  the logic here is:
01[12:49] {Threei}  if you go for a conservative entry after 1:1 is reached, you take bigger risk of a trade not working,
[12:50] {patel} true
01[12:50] {Threei}  since if it goes over original entry, it stops the balance out.
01[12:50] {Threei}  To compnesate for it, you diminish the risk in monetary terms,
01[12:50] {Threei}  by putting your stop where the stop for the balance is after hitting 1:1
01[12:50] {Threei}  , in terms of this play - .51.
[12:50] {thomcbell} splk 1:4 and out
[12:51] {patel} I see. Thanks for letting me know.
01[12:51] {Threei}  If you keep it at original .61 level, it misalings with the whole setup,
01[12:51] {Threei}  sinve partiasl will be stopped for those who took regular entry,
[12:51] {Will49} wtg tbell
01[12:51] {Threei}  and you with conservative one is still in for some reason
01[12:52] {Threei}  so... making changes, make sure the logic of the setup is still there
[12:52] {backman} how about looking at similars....GDX kept selling after breaking dl...why not expext SLW to do the same?
01[12:52] {Threei}  normally it's the way to do it,
01[12:53] {Threei}  use a leader to trade the sheep
01[12:53] {Threei}  In this case, two things that made me close it at 1:3
01[12:53] {Threei}  One, GDX and SLW disconnected today earlier somewhat
01[12:54] {Threei}  I am not sure they are still as cvonnected at the hip as they used to be.
01[12:55] {Threei}  Another is, it's friday after losing day yesterday which interrupted two-weeks long winning streak,
01[12:55] {Threei}  I want to make sure we go home solidly positive
01[12:55] {Threei}  and considering howmany plays today ended up being just scalps, want to secure fat 1:3er
[12:56] {backman} gotcha....thnk u
01[12:56] {Threei}  If I need to sacrifice possibility of bigger move on it, so be it, view it as an insuranve
[12:56] {Les} not my day today and missed the ones that have paid off
[12:57] {backman} green certainly isures much
01[12:58] {Threei}  les, you displayed today this "trade after trade, asking for the next one before previous even set up" pattern
01[12:58] {Threei}  rarely good sign
01[12:58] {Threei}  settle down and breathe... it's not the number of trades that counts
[12:59] {Les} I recognise the day. Dead shit slow. Not my thing. But adjusting to appropriate behaviour difficult, especially once a hole is dug
01[13:00] {Threei}  how do you dig it? We are nicely up
01[13:00] {Threei}  plenty of calls worked
[13:00] {Les} by missing those reeeeally slow ones that pay off
[13:00] {Les} or stopping out prematurely
01[13:00] {Threei}  how do you miss slow one??
01[13:01] {Threei}  how do you stop out if a stop is not hit?
[13:01] {Les} cause I don't wanna spend 30 mins in front of a frikin screen
01[13:01] {Threei}  why do you set a stop at any other level than what is dictated by a setup?
01[13:01] {Threei}  wow
01[13:01] {Threei}  you have some strange p[riorities
01[13:01] {Threei}  mine is to make money
[13:01] {Les} sure. 2 kids that require attention
01[13:02] {Threei}  yours is to spend certain amount of time in front of a cscreen?
[13:02] {Les} normal action that occurs withîn minutes is great. get in, get out, get dinner done
01[13:02] {Threei}  OK... on behalf of all the stocks that are so incosiderate and do not reach the target within one minute, I sincerely apologize
[13:03] {Les} and rightly so
[13:05] {Les} yesterday recovered no problem. setups change a little is all. But this is punishment to me
[13:11] {nemo} DE coming into vwap
[13:12] {Les}
[13:13] {backman} JPM very similar setup to yesterday ....same time of day.....sold off nicely yesterday off it
01[13:28] {Threei}  todasy is not yesterday, JPM says... :)
[13:31] {dino} i miss much?
01[13:31] {Threei}  dino :)
01[13:31] {Threei}  not bd day
01[13:31] {Threei}  not bad
01[13:31] {Threei}  cipher found his victims alright, and killed them... so I presume you'd have, too
[13:33] {dino} :)
01[13:33] {Threei}  also, Will sense of humor deteriorated to the level of mine
01[13:33] {Threei}  [11:51] {Threei} where is dino today?
01[13:33] {Threei}  [11:51] {Will49} Jurasic Park
[13:35] {dino} lol
01[13:35] {Threei}  don't laugh... this is tragedy
01[13:36] {Threei}  next shishkebab gathering, his wife will look me in the eye and ask what I did to him
01[13:36] {Threei}  and I will have to hang my head in shame
[13:36] {Will49} I just remembered, I have to stay home and sort my socks that day
01[13:37] {Threei}  well, I am not giving her your portion as a takeout
01[13:37] {Threei}  you want shishkebab, you come here and face whatever challenge is presented
[13:37] {Will49} she has to stay home with me and make sure I match colours
01[13:38] {Threei}  think something will stop ese and dp from eating your portion?
01[13:38] {Threei}  hah!
[13:38] {Will49} what do I have to do to get back in your good graces?
01[13:38] {Threei}  oh, it's not me
01[13:39] {Threei}  I am fine with that humor, it's MY level of humor after all
[13:39] {dino} athn sm l .74 ave
[13:39] {Will49} so who di I suck up to?
[13:39] {Will49} do I
[13:39] {thomcbell} upl kind of interesting to me here with a 20.49 stop
[13:39] {thomcbell} havent pulled the trigger yet
01[13:39] {Threei}  it's your wife that will ask where her once sophisticated man went
01[13:40] {Threei}  and I will be held responsible
[13:40] {Will49} sheeesh, better pull myself together
01[13:40] {Threei}  wacthing if GDX forms a top here
[13:41] {Will49} Ya Vad, you're going to take the blame for this
01[13:41] {Threei}  I know
[13:41] {Will49} she already thinks you are responsible for me hiding in "the man cave) for 7 hours every day
01[13:42] {Threei}  I'll just tell her it's porn...
[13:42] {thomcbell} ok upl 20.55 break if holding 20.50
[13:42] {Will49} oh yeah....that'll work
[13:43] {thomcbell} might be two sided too
01[13:43] {Threei}  long looks more probable to me here, tbesll
01[13:43] {Threei}  -s
[13:44] {Les} apologies for before Vad
[13:44] {thomcbell} me too
[13:45] {Les} an area of my trading I must work on
01[13:45] {Threei} Short Setup: GDX  .25 break
01[13:45] {Threei}  If holds  .31
01[13:46] {Threei}  somewhat weird stop placement, but
01[13:46] {Threei}  it's a very recognizable one for me Les, same demon that dp fights
[13:47] {Will49} and me Les
01[13:52] {Threei}  IPL works slowly
01[13:52] {Threei}  UPL
[13:52] {thomcbell} y so far so good -
[13:54] {patel} HXM climo
[13:56] {dino} out athn .05 +.31
[13:56] {cc_9} GILD, anyone thinking a fade here ?
[14:00] {Will49} not me
[14:00] {Will49} got a response:)
[14:00] {Will49} I felt sorry for you
[14:00] {dino} gild sm s .45
[14:01] {Will49} there's the best resonse right there
[14:01] {dino} bstop is .61
[14:01] {Will49} response
[14:03] {cc_9} ill make sure i include hookers and grain alcohol in my next question
[14:03] {cc_9} i think i finally understand
01[14:03] {Threei}  there!
[14:04] {Will49} you fit right in here cc
[14:04] {Les} lol scanning posts and I see hookers and alcohol!
[14:04] {Les} got my attention
01[14:04] {Threei}  see?
[14:04] {dino} gild to b/e
01[14:04] {Threei}  this is frikin locker room
01[14:05] {Threei}  good one on GILD
[14:05] {patel} now just post some porn links and Les will be alive.
[14:05] {Will49} a virtual "Man cave"
01[14:05] {Threei}  janitor won't like it
[14:05] {Will49} LOL
[14:06] {patel} "sticky fingers"
[14:06] {dino} better than stinky
[14:06] {jdetente} oh boy lol
01[14:07] {Threei}  1 cent from 1:1 GDX
01[14:07] {Threei}  sigh
[14:08] {dino} out gild flat
[14:14] {thomcbell} long setup lvs 53.05 braek if holding 52.97
[14:15] {thomcbell} vad did u stop out of 2nd half of upl?
01[14:16] {Threei}  no, it didn't go under .55
[14:22] {thomcbell} ok good
[14:22] {thomcbell} was unsure if u used 0.55 or 0.54 as a stop
01[14:25] {Threei}  my stops are always "just under" or "just above" the trigger level
01[14:26] {Threei}  on a trail I mean
[14:29] {thomcbell} long setup kors 53.55 break if holding 53.43
[14:30] {thomcbell} hl only
01[14:40] {Threei} Short Setup: WFC  .60 break
[14:46] {thomcbell} kors invalidated obviously
[14:48] {thomcbell} goog what a beast today
[14:48] {patel} along with CMG
[14:54] {Will49} crap.....PC seized up
[14:54] {Will49} panic time
01[14:55] {Threei}  while in trade?
[14:56] {Will49} yes, but OK after reboot
01[14:56] {Threei}  keep cc_9 number on a speed dial... phone and scream "get me out!!" until his ears fall off
[14:56] {Will49} luckily WFC didn't go anywhere while I was off line
[14:57] {Will49} seriously? wouldn't it be easier to fire up my laptop with laser on
01[14:59] {Threei}  yes
01[14:59] {Threei}  but would it be more fun?
[15:00] {Will49} screaming at him you mean?
01[15:00] {Threei}  yes... and his ears falling off
[15:01] {Will49} ears falling off has a different connotation for me
01[15:02] {Threei}  OK WFC, Will is back, now die
[15:02] {Will49} yes, be my guest
[15:05] {Will49} Vad, did you call for a tighter stop while I was away?
01[15:05] {Threei}  no, but .66 is a good idea now
01[15:05] {Threei}  GS drops
01[15:05] {Threei}  so WFC better follow
[15:05] {cipher} EBAY drop
[15:10] {backman} WFC...seems like it's best friends with buy the dip crowd
[15:11] {cipher} did you mean BTFD crowd?
06[15:13] * Threei pokes WFC in the ribcage with electrocharged sharp stick
[15:14] {backman} yes...i expected when it hit earlier lows of .55/.56 they would leave in droves
01[15:16] {Threei}  IMF's Lagarde: Cyprus situation should convince Europe that banking union is needed ASAP
01[15:16] {Threei}  really? I'd come to opposite conclusion
01[15:17] {Threei}  (EU) Germany Fin Min Schaeuble: No one should expect high growth rates in Europe for years
01[15:17] {Threei}  don't worry, we don't
01[15:18] {Threei}  - Democracy could be put in danger if Europe encounters another crisis similar to what was seen in 2008.
01[15:18] {Threei}  encounters?
[15:18] {Will49} creates
01[15:18] {Threei}  he means you just walk down the street and suddenly encounter crisis?
01[15:18] {Threei}  imbecile
[15:18] {Les} speaks with forked tongue that fella
01[15:19] {Threei}  (EU) ECB's Draghi: ECB has seen no economic situation improvement in the last two weeks.
01[15:20] {Threei}  what is it, Idiot Friday?
[15:20] {backman} ebay...trying to bounce through 52
01[15:20] {Threei}  no one told me
[15:24] {Will49} beginning to look like one of those last 5-minute nail biters
01[15:26] {Threei}  yeah
01[15:26] {Threei}  just trying to pick the safest ones for the end of the week, to make sure we do go hom in black
01[15:26] {Threei}  the opposite side of that is slow
01[15:30] {Threei}  not much fear into close
[15:30] {Will49} except in my chair")
[15:31] {Will49} :)
[15:31] {Will49} JK
01[15:31] {Threei}  fear not
[15:31] {Will49} whatever will be will....
[15:34] {patel} target on WFC
01[15:34] {Threei}  gosh... something :)
01[15:35] {Threei}  ut'as about to get stopped
[15:36] {cc_9} HXM, to short or to have a good weekend, that is the only question
01[15:37] {Threei}  out
[15:38] {Will49} poop
[15:38] {patel} damn Will large share size will make you poop
[15:38] {Will49} (emotion)
[15:45] {Will49} Well...regardless of the poop,that was my best week yet, so I go home a happy camper
01[15:45] {Threei}  :)
[15:46] {Will49} so thanks Vad. There's hope for me yet
[15:46] {patel} good job
[15:47] {Will49} tks
06[15:47] * dino slaps Will49 around a bit with a large trout
[15:48] {Will49} is that good?
[15:48] {dino} :)
[15:52] {dino} calling it a week, take care all
01[15:52] {Threei}  ok guys, let's call it a day
01[15:52] {Threei}  and a week
01[15:52] {Threei}  thank you all
[15:52] {patel} thanks
[15:52] {Will49} Cheers
01[15:52] {Threei}  have a great weekend, see you Monday
[15:53] {Les} cheers
[15:56] {backman} thanx