Wednesday, May 8, 2013

May 08 2013

Some days are not meant to be. Setups work in one case out of 4, and most of those that work are just scalps. Some days you are bug; tomorrow we will be a windshield again. 


Session Time: Wed May 08 00:00:00 2013
[03:35] {KSystems} GM
[05:26] {KSystems} l GCLM3 95.61 stp 95.52 tgt 95.70
[05:38] {KSystems} out GCLM3 95.52 (-0.09)
[05:59] {KSystems} l 6EM3 131.28 stp 131.06 tgt 131.50
[06:14] {KSystems} out 6EM3 131.50 (+0.22)
[06:31] {KSystems} l GCLM3 95.53 stp 95.43 tgt 95.63
[07:40] {KSystems} s GCLM3 95.53 stp 95.66 tgt 95.40
[08:24] {thomcbell} ddd - stock issue
[09:01] {nemo} Oh oh, I see I haven't missed all the morning niceties....oy vay
[09:01] {thomcbell} fio
01[09:01] {Threei}  we agreed to keep them until you are in
[09:01] {thomcbell} must have been some pretty valuable employees
[09:01] {nemo} thanks for thinking of me Vad
[09:01] {nemo} NOT!!!
[09:01] {jdetente} oh nemo is here. Isn't it a beautiful morning!
01[09:02] {Threei}  it so is!
[09:02] {jdetente} Rainbows and unicorns!
[09:02] {nemo} Yeah, I didn't sleep much, so I drove into Boston to mug the drunks
01[09:02] {Threei}  and vodka?
[09:02] {nemo} thanks for reminding me vad
[09:02] {stevw} that's how you see unicorns
01[09:03] {Threei}  well, I am trying to siften the shocks
01[09:03] {Threei}  soften
[09:03] {nemo} I used to go practice my sucker punches at the school for the blind
01[09:03] {Threei}  I mean, nemo riding the unicorn under the rainbow... and without bottle of vpfka in hand?
[09:04] {jdetente} I think there's a bottle of vodka at the end of the rainbow
[09:04] {stevw} to borrow a youthful phrase - omg!
01[09:04] {Threei}  lol
[09:06] {nemo} omg...we're down over $.30!!!...it's a frickin' depression
[09:07] {dino} gm
01[09:07] {Threei}  dino :)
[09:08] {dino} value added research, jefferies raises cvlt to 74. stock is at 76
[09:09] {nemo} wow 250 gig SSD for $160
[09:11] {RonS} hi y'all
01[09:12] {Threei}  ron :)
[09:15] {patel} good morning
01[09:16] {Threei}  patel :)
[09:16] {nemo} kneecap
[09:17] {backman} gm
01[09:17] {Threei}  bman :)
[09:17] {backman} can we plz have a revenge short on CAT? :=)
[09:17] {stevw} dr. nemo, not captain nemo?
[09:17] {ese} gm
01[09:17] {Threei}  ese :)
01[09:18] {Threei}  is it me or this mother day gift suggestion sounds a wee bit dirty? http://goo.gl/Ybtl7
[09:18] {nemo} I'm impressed stevw..now go get psychiatric help immediately
01[09:18] {Threei}  revenge short?
[09:18] {nemo} too funny, IWM and SPY bounce right at today's pivot point
[09:18] {RonS} ese, think PF needs to go on your watchlist for a breakout...
[09:18] {nemo} as does fas
[09:19] {Will49} gm
01[09:19] {Threei}  will :)
[09:22] {Alexs} gm
01[09:22] {Threei}  alex :)
[09:22] {Les} morning
[09:22] {Les} piss off Nemo
01[09:22] {Threei}  les :)
[09:23] {nemo} ty
[09:23] {Les} always here for ya
01[09:23] {Threei}  he can't, he is riding a unicorn
[09:23] {ese} tks ron will do......held iqnt overnight......was hoping for a push up today....no such luck am gonna exit at open and look eslewhere
[09:23] {nemo} killed it
[09:23] {Les} bunnies, unicorns, what next?
[09:23] {dptl} gm
01[09:23] {Threei}  rainbows
01[09:23] {Threei}  dp :)
01[09:23] {Threei}  morning dew drops on the rose petals
[09:24] {nemo} I prefer the thorns and poison ivy, venus fly traps, pitcher plants
01[09:25] {Threei}  it's not about what you prefer anymore... we decided to make you a kind and gentle man
[09:25] {ese} lol
[09:26] {Les} civilise the beast eh? Not sure about that
[09:26] {nemo} Thank Barack
[09:26] {cipher} gm
[09:26] {nemo} turn me into a lefty...I doubt it
01[09:26] {Threei}  cipher :)
01[09:26] {Threei}  well, we don't go this far
[09:27] {nemo} I'm doing God's work
[09:27] {Will49} that stopped the discussion
[09:30] {ese} maybe the best line of the year...."doing gods work" ?  lol
[09:30] {nemo} yeah, helping souls transition
[09:30] {jdetente} lol
[09:30] {nemo} maybe they don't want to go when I send them, but I know better
01[09:30] {Threei} Short Setup: C  48 break
01[09:31] {Threei}  If holds  .10
01[09:34] {Threei}  let's trail to .06
[09:35] {dino} fio sm l .00
[09:36] {jdetente} .01 from .90. Grrr.
01[09:36] {Threei}  out
01[09:36] {Threei}  yeah
[09:37] {cipher} INCY L.54
[09:38] {cipher} CRUS L .65
01[09:38] {Threei} Short Setup: GDX  .30 break
[09:39] {ese} out iqnt .4916 +.03 on 2k.........ahhhhhhh  what can ya do eh
[09:39] {cipher} Z L.72
[09:39] {ese} ya win some ya loose some
[09:39] {cipher} out Z .19 +.44
[09:39] {nemo} ddd halted
[09:39] {nemo} vclk short
[09:40] {cipher} CRUS stopped .69 +.04
[09:40] {nemo} nope, didn't break 26
[09:41] {dino} z sm l .57 wide
01[09:41] {Threei} Long Setup:  CAT  .30 break hl
01[09:41] {Threei}  yeah right
[09:42] {ese} just lookin at vclk nemo
[09:42] {Les} was dialling down shares to grab a little higher but too late
[09:42] {cipher} LBTYK L.58
[09:42] {ese} cut to mrkt perform.............thats it?
[09:42] {cipher} LBTYA L.80
[09:42] {Les} yeh VCLK 2 way watched it
[09:42] {cipher} out INCY .71 +.17
[09:42] {Les} nuts
[09:42] {ese} l vclk .44
[09:43] {Les} cipher jacked your account has he ese?
[09:43] {ese} out vclk .56 +.12
[09:43] {Les} nice
[09:43] {ese} tks
01[09:43] {Threei}  sheesh CAT
[09:44] {Les} .35 ain't so expensive now...
[09:44] {nemo} pre market was the pullback
[09:44] {ese} ya press a button....and then ya press a button and ya make money........great work if you can get it
[09:44] {ese} out too soon
[09:45] {Will49} waht about the beads of blood that break out on my forhead?
[09:45] {Les} VAd, I found the author of your email from yesterday.
[09:45] {cipher} out LBTYA .98 +.18
[09:45] {Les} It's gotta be ese
[09:45] {ese} lol
[09:45] {Les} ask vad later
[09:45] {cipher} out LBTYK .79 +.21
01[09:46] {Threei} Short Setup: CAT  .75 break hl
01[09:47] {Threei}  If holds  .85
01[09:47] {Threei}  change to .80 break
01[09:48] {Threei}  If holds  .90
01[09:49] {Threei}  1:1
[09:50] {ese} fslr just going nuts these days.........thats another one on my hit list
01[09:50] {Threei}  that's all?
[09:50] {jdetente} thought there was a 1:2 in CAT...oh well
01[09:51] {Threei} Short Setup: GDX  .45 break
01[09:51] {Threei}  If holds  .53
[09:51] {ese} so far
[09:52] {ese} sheesh...........just back from Denmark and Memphis........gotta go at this slow
[09:52] {cipher} Z L.64
01[09:52] {Threei}  Invalidated
[09:53] {ese} l fslr .75
[09:53] {Les} definitely divergence between slw and gdx
[09:53] {ese} nice....an even number for a change
01[09:53] {Threei}  I was talking to CAT, ese... lol
[09:53] {backman} that CAT rinse at the open was the revenge short i had in mind :=)
[09:54] {ese} out fslr .88 +.13
01[09:54] {Threei}  wasn't really a trade you can read or even execute safely
[09:54] {backman} i believe u
[09:54] {ese} oh ya sure!!!!! ya bastard.......as soon as i exit...it shoots up......thats twice today
[09:55] {ese} i don't like your game vad...........
[09:55] {cipher} out Z .40 +.76
[09:55] {Will49} nice
[09:55] {Les} slw .90 short holding 24?
[09:56] {ese} whoa....nice one C
01[09:57] {Threei} Short Setup: GDX  .50 break
01[09:57] {Threei}  If holds  .56
[09:58] {cipher} ISIS L .04
[09:59] {ese} l ga .59
[10:00] {cipher} out ISIS .29 +.25
01[10:00] {Threei}  1:1
[10:00] {ese} out ga .67 +.09
[10:01] {ese} opps +.08........excuse me
[10:02] {nemo} I would say the central banks have firm control of the markets
01[10:03] {Threei} Short Setup: CAT  .90 break hl
01[10:04] {Threei}  If holds  90
[10:04] {Les} 2 way?
[10:04] {nemo} algo purely green, not one red stock
01[10:04] {Threei}  no, won't go long
[10:04] {cipher} CLMT L .02
[10:05] {backman} sto[ 90.01?
01[10:05] {Threei}  yes
[10:06] {Les} well when we hear talking heads speak of "new plateau" in equity markets you know its time to walk Nemo
[10:07] {nemo} no, you don't know anything
[10:07] {nemo} DIS here
[10:08] {nemo} long probably, wht 64.80 next level
[10:08] {Les} I know history old man
[10:08] {nemo} doesn't mean you know how to apply it
[10:09] {Les} I pay somebody else for that
[10:09] {Les} heck I'm here for kicks and giggles
[10:11] {cipher} Z L.95
[10:11] {Les} DIS .90 short?
[10:11] {nemo} next support is .80, how's your R/R
[10:11] {cipher} Z stopped .91 -.04
[10:12] {Les} no idea. no FSC. no indicators
[10:12] {nemo} look at your chart
[10:12] {cipher} rprx l .27
01[10:12] {Threei}  DIS, nah
[10:12] {nemo} 64.80 support
[10:13] {Les} forgot I could pull these trade screens timeframes out. used to having 1 min only. see it
01[10:13] {Threei}  give up CAT
[10:13] {nemo} you bred, didn't you?
[10:13] {nemo} please tell me you adopted
[10:14] {cipher} out CLMT .35 +.33
[10:15] {jdetente} this for CAT http://www.youtube.com/watch?v=3HUGeA2lur4
[10:15] {Les} 1:1 DIS
[10:16] {Les} stripped off excess screens to work purely with price and vol. Need to make greater use of trade station now
[10:16] {cipher} out RPRX .32 +.07
[10:16] {nemo} you need to make greater use of cyanide
[10:17] {Les} you need to zip it
[10:17] {nemo} ow
01[10:18] {Threei}  yuck
[10:18] {jdetente} wtf CAT
[10:18] {Les} http://www.youtube.com/watch?v=fK8mneO8yvU
[10:19] {cipher} lnco drop
[10:19] {cipher} LNCO L .27
[10:20] {backman} now is when cat it'll puke...after choking the shrorts.....
[10:21] {cipher} out LNCO .44 +.17
[10:23] {Les} DIS 1:3
[10:24] {jdetente} nice one Les
[10:24] {nemo} dis looks bounce ready
[10:25] {nemo} yeah volumen here
[10:25] {ese} anyone know what the news pending on ddd is
[10:25] {nemo} they have to get an FFL
[10:26] {ese} whats an ffl
[10:27] {ese} or should i not ask
[10:27] {nemo} joke...Federal Firearms License, because 3d printers can make guns
01[10:27] {Threei}  disgusting rinse CAT
[10:27] {jdetente} a rinse with extreme prejudice
[10:27] {ese} ah
[10:29] {nemo} dis .65 break
[10:29] {nemo} stop under .56
[10:29] {nemo} this could be a shake with a drop to .50
[10:29] {dino} axll drop
[10:30] {cipher} axll l.51
[10:30] {cipher} out .77
[10:30] {cipher} thx dino
[10:32] {Les} RIG short 55 holding .10?
01[10:33] {Threei}  you really see a setup here?
[10:33] {nemo} nope
01[10:33] {Threei}  name it
[10:33] {nemo} seller .64 ebay
[10:33] {Les} it's messy, but with some consolidation close to trigger?
[10:33] {nemo} Psyllocibin setup
[10:34] {nemo} dis has a .64 seller also
[10:34] {Les} never mind
01[10:34] {Threei}  I see no slightest sign of consolidation
[10:34] {nemo} jumped my bid
[10:35] {nemo} if you got dis, probably good to 65
[10:35] {Les} FDX at $100 resistance
[10:35] {jdetente} got some Nemo...maybe second chance here
[10:36] {nemo} make your stop the bottom of the BBs
[10:36] {nemo} that doji likely key
01[10:37] {Threei} Short Setup: C  .60 break
[10:37] {cipher} INFI L.57
01[10:37] {Threei}  If holds  .70
[10:37] {cipher} out ..86 +.29
[10:39] {jdetente} 1:1 DIS
[10:39] {jdetente} 1:2
[10:40] {Les} nice catch. paper traded .70 long
[10:40] {nemo} I'm taking a partial here
[10:42] {jdetente} I did too holding last bit stop to .74
01[10:45] {Threei}  come on
01[10:45] {Threei}  1 cent to 1:1 again?
[10:45] {jdetente} C ticking me off today
01[10:45] {Threei}  sigh
[10:45] {Les} JPM gunning for .50
[10:45] {Will49} Well....this is no fun
[10:46] {Les} $50
[10:46] {nemo} one could make an argument for adding to dis over .90
[10:46] {nemo} stop under .80
[10:46] {cipher} FEIC L.99
[10:47] {nemo} looking for shrot setup in mnst
[10:48] {jdetente} 1:3
[10:48] {nemo} 65.10 target
[10:48] {nemo} dis, that is
[10:51] {ese} L rdn ..02 L bx .55
[10:51] {cipher} out FEIC .15 +.16
[10:52] {cipher} FAST L.21
[10:54] {jdetente} out DIS on trail. Thanks Nemo
[10:55] {jdetente} makes up for disgust with C
[10:55] {Les} JPM .85 cross for 50 dollar target?
[10:55] {Les} hlding .80?
[10:56] {Les} not sure if finnies have got another leg in em, but 50 is close for JPM
01[10:57] {Threei}  it may very well go theree, but this is not the reason for a trade
01[10:57] {Threei}  tell me what kind of setup is that?
[10:57] {cipher} FAST stopped .16 -.05
[10:58] {nemo} hum long here above .80
[10:59] {Les} not a setup inyour book
[10:59] {nemo} hum nope
01[11:00] {Threei}  so you suggest that I just guess? :)
[11:00] {ese} hmmmmmm am gonna have to endure some longer consolidations with rdn an bx than i figured
[11:01] {Les} so better to wait new consolidation...
[11:01] {nemo} heheheh...dis forming c&h
[11:02] {nemo} but, that 65 area becoming strong resistance
[11:03] {ese} vad...comment please...with rdn i was trying to employ a strategy from your chart patterns where the higher low is inside the BB Band after a decline....wondering if the decline should be sharper
[11:03] {ese} 1 min chart
01[11:05] {Threei}  what's the entry?
[11:05] {nemo} Oh Vad, this is so you:  http://goo.gl/8VTch
[11:06] {dptl} lol
[11:06] {ese} was going after .00 after the long bar at 10:49....missed it
[11:06] {ese} got .02
[11:06] {stevw} FB inverse c&h near lod
[11:07] {cipher} THRX L .55
01[11:07] {Threei}  with stop under .90... chart wise looks right, entry wise I'd prefer around .95
[11:07] {ese} ok tks
01[11:07] {Threei}  you are so behind times nemo... I posted this on my FB two weeks ago
[11:08] {nemo} sorry
[11:08] {nemo} should I post the one about ridding the world of Ukranians?
[11:08] {ese} how about the decline....should it have been sharper.....more chance of short covering
[11:09] {ese} ?
[11:10] {stevw} FB invalidated
01[11:10] {Threei}  depends on what kind of trade you are going for... 20-30 cents drop is fine if you aim for 10-20 cents trade... bot if we are talking a swing trade for a dollar or more
01[11:10] {Threei}  bot = not
[11:11] {Les} FAS at highs, JPM too... DT or breakout
[11:11] {ese} ya that was pretty much it.10 to .20....not swing
[11:13] {ese} have watched a few of these lately........i like the feel of them
[11:13] {cipher} infi drop
[11:16] {nemo} kors looks short
[11:17] {cipher} INFI L .30
[11:18] {nemo} .65 break stop .71ish
[11:19] {nemo} looking for test of 57
[11:20] {nemo} nice little stop hunt on kors, likely going lower
[11:22] {RonS} took infi .35 to .65 +.30  thanks c
[11:22] {dino} me too cipher, ty
[11:22] {nemo} cam looks short, but a little low volume
[11:23] {nemo} .30 break
01[11:25] {Threei}  DDD: D Systems Says Expecting to Price Offering After Market Close on May 9th"
[11:25] {nemo} cam been weak today, if market comes in this should easily test 64ish
[11:25] {nemo} kors going well, looking to hold until 57
01[11:25] {Threei} Long Setup:  TNA  .50 break
01[11:26] {Threei}  If holds  .40
[11:26] {jdetente} thanks for KORS Nemo...out at .27
[11:27] {dino} ese blood
[11:27] {RonS} did he bang his head on keyboard?
[11:28] {cipher} out THRX .70 +.15
[11:28] {dino} ol ron, symbol
[11:29] {nemo} ddd open
[11:29] {ese} rdn stopped
01[11:30] {Threei} Long Setup:  CAT  .70 break hl
01[11:30] {Threei}  If holds  .60
01[11:31] {Threei}  Invalidated
[11:31] {Les} Nemo what DIS saying to you here
[11:31] {nemo} Nemo you're an asshole!
[11:31] {Les} apart from that
01[11:31] {Threei}  lol
[11:31] {Les} this we know
[11:31] {jdetente} out half CAM
[11:31] {nemo} takes one and all that
01[11:31] {Threei}  DIS is master of the obvious
[11:31] {nemo} look to short this .05 level, but lunch time
[11:32] {backman} CAT;;; did you mean 60 if it holds 50?
01[11:33] {Threei}  not at the moment
[11:33] {cipher} DDD L.59
01[11:33] {Threei}  but this setuo might be coming now
01[11:33] {Threei}  SPY weakens though
[11:33] {jdetente} what's going on today...all of Nemo's trades working like charm?
[11:33] {cipher} out DDD .99 +.40
[11:34] {jdetente} hehe thanks Nemo. I kid.
[11:34] {nemo} cipher six-gun, fastest man in the west
[11:34] {nemo} chicken sacrifices
[11:34] {jdetente} figured some sort of voodoo going on
[11:35] {jdetente} DIS going to hit your goal looks like
[11:35] {nemo} it could actually keep going...hiqh quality stock, and even the detritus is being bought in this market
[11:35] {cipher} INFI could get squeezed if it gets above .70
[11:36] {nemo} yeah
[11:37] {nemo} hey cipher, they may want to test the 200 day on infi
[11:37] {nemo} look for short setup too
[11:37] {cipher} k
[11:37] {nemo} but long could work to 33.40 to 33.70 before it heads south
01[11:38] {Threei}  frikin CAT
01[11:38] {Threei}  got away
[11:38] {nemo} try chasing rabbits
01[11:38] {Threei}  ok TNA... you better work, or will have to eat someone's keyboard
01[11:39] {Threei}  1:1
[11:39] {nemo} when spy pops
[11:39] {stevw} bacon and keyboards is not a great diet, vad
01[11:39] {Threei}  no but what can I do
[11:39] {nemo} 65.30 next test for DIS
01[11:39] {Threei}  bacon I love and keyboards I have to
[11:40] {stevw} and vodka? love or have to?
01[11:40] {Threei}  depends
[11:40] {nemo} poured myself another shot and forgot about it
[11:43] {jdetente} CAM 1:2
[11:47] {nemo} fas gonna' pop at the trend line
[11:47] {nemo} 64.20ish is pretty good resistance
[11:51] {nemo} infi teasing on long and short side..bitch
[11:52] {jdetente} out CAM thanks Nemo (again)
[11:52] {nemo} send check
[11:52] {jdetente} made out to bunny?
[11:52] {nemo} Redux
[11:52] {nemo} my affinity for rabbits probably messes up my reputation
[11:53] {nemo} Redux is smarter than Bunny
[11:53] {cipher} meli drop
[11:53] {Les} kids always are
[11:54] {Les} you'd be embarrassed if you had one now
[11:54] {nemo} ?
[11:56] {Les} redux is smarter than bunny
[11:56] {ese} L rdn .86
[11:57] {cipher} MELI L.00
01[11:59] {Threei}  ok TNA... make it to 1:2, and we may have a future together
[12:01] {jdetente} FAS worked also out 64.02
[12:01] {jdetente} I do not like this debt I'm racking up with Nemo...
01[12:02] {Threei}  he accepts liquid currency
01[12:02] {Threei}  he calls it sound money
[12:02] {jdetente} isopropyl alcohol?
01[12:02] {Threei}  he calls it that too
01[12:03] {Threei}  he has propensity for big words
[12:03] {jdetente} or maybe nyquil
01[12:03] {Threei}  after all, how often do you meet people who call a nose proboscis
[12:03] {stevw} uh, you might want to go with the ethyl alcohol
01[12:04] {Threei}  doeasn't matter stev, nemo's stomach is lined with stainless steel
[12:05] {Will49} "propensity" for big words....good one Vad
[12:05] {nemo} yes...I am predisposed to sesquipedalianism
[12:05] {Will49} good one
[12:06] {stevw} well then someone should call the cops
01[12:06] {Threei}  I knew someone would notice :)
[12:06] {nemo} and stevw is predisposed to Lesianism...that's fatal
[12:06] {stevw} ok, gonna have to look them both up now
[12:07] {nemo} while you're at it, practice omphalosskepsis
01[12:07] {Threei}  and I for a change am predisposes to omphaloskepsis
01[12:07] {Threei}  awww... he typed it forst!
[12:07] {nemo} can you see your omphalos?
[12:07] {RonS} does Les' middle name start w/ B?
01[12:08] {Threei}  lol
[12:08] {Les} god haven't heard purile shit like that since high school
[12:08] {nemo} it's puerile
[12:08] {Les} what age r we here?
[12:08] {jdetente} r?
[12:08] {jdetente} what is this text speak?
[12:09] {nemo} Les is typing with his tail
[12:09] {jdetente} 2 funny.
01[12:10] {Threei}  well, he is still doing better than I am typing with my knees, or putting swimming fins on my hands
[12:10] {nemo} don't encourage him, Vad
01[12:10] {Threei}  truth us truth
01[12:10] {Threei}  is
[12:13] {nemo} ahh, damn forgot about MPC
[12:14] {cipher} ARIA L.07
[12:15] {nemo} somebody keep an eye on ESRX to short in the .20 area
[12:15] {Les} GDX stopped at 30 resistance
[12:15] {cipher} MPC L.61
[12:16] {nemo} think that would be a scalp on the long side, likely going to 78
[12:19] {cipher} orly l .32
[12:20] {nemo} that tail makes me think MPC short here
[12:21] {cipher} orly stopped .22
[12:22] {Les} DT GDX?
[12:22] {Les} 2 way maybe
01[12:22] {Threei}  of loses .95 while holding 30
[12:23] {Les} short only?
01[12:23] {Threei}  if
01[12:23] {Threei}  I think so
[12:23] {cipher} out MPC .80 +.19 thx nemo
[12:24] {cipher} watching ORLY for entry
[12:25] {cipher} ORLY L .00
[12:27] {nemo} vxx up for last two days, must be insurance into the unemployment numbers tomorrow
[12:28] {jdetente} sounds about right
01[12:29] {Threei}  done with TNA
[12:29] {jdetente} there's that MPC drop after the scalp
[12:29] {cipher} ORLY stopped -.14
[12:29] {stevw} me too on TNA - had moved my stop to breakeven
01[12:30] {Threei}  right
[12:30] {cipher} MPC L.42
[12:31] {cipher} out .52
[12:31] {jdetente} cipher = rifleman
[12:31] {jdetente} Chuck Connor style
[12:32] {cipher} ZUMZ L .78
[12:33] {cipher} out .92
[12:35] {dptl} ETR .20 short?
01[12:35] {Threei}  hl
[12:36] {cipher} INFI trying again
[12:36] {jdetente} you still holding DIS nemo?
[12:37] {jdetente} great trade
[12:41] {cipher} TNA L.51
[12:44] {cc_9} DDD keep an eye on a $41 breakout
[12:47] {cc_9} =)
[12:47] {Les} DIS starting to spike
[12:48] {Les} ETR ty DP half covered
[12:48] {cipher} out TNA .62 +.11
[12:49] {cc_9} DDD new highs, so far so good. tgt .50
[12:51] {Les} CAT .75 short?
[12:51] {Les} if holding .85?
[12:52] {cipher} out INFI .95 +.65
01[12:53] {Threei}  .80 break aggressivem yes
01[12:53] {Threei}  .75, no
[12:53] {Les} if holding .85?
01[12:53] {Threei}  look at the chart, it bounces from the lower envelop without reaching 1:1 on such breaks
01[12:53] {Threei}  right
[12:54] {cc_9} FIO big ass curl + volume
[12:54] {cc_9} DDD out +$0.45, goes higher but don't care.
01[12:54] {Threei}  if .80 break works, then .75 break takes you to .70, enough profit from .80 but not from .75
[12:54] {Les} k
[12:58] {jdetente} CAT does not want to cooperate today in any way
[12:58] {jdetente} full moon
[12:58] {cc_9} DDD, there goes the .50 =)
[13:03] {cipher} JAZZ L.90
[13:06] {cipher} out .20 +.30
[13:07] {cc_9} anyone got a piece of NUGT today ? good lord look @ that ramp
01[13:07] {Threei}  38% Give Obama Positive Marks for Job Creation
[13:08] {cc_9} FIO still pushing
[13:09] {Alexs} I guess mostly people who don't work
01[13:09] {Threei}  *(US) TREASURY'S $24B 10-YEAR NOTE AUCTION DRAWS 1.81%; BID-TO-COVER RATIO: 2.7 V 2.68 PRIOR AND 2.59 AVG OVER THE LAST 3 AUCTIONS- Indirect bidders take 33.9% of competitive bids; 16.9% direct bidders, primary dealers take 49.25% - 94.12% allotted at the high - Median 1.774%, low 1.699%
01[13:09] {Threei}  looks like this pushed GLD
[13:15] {Les} DT GDX .40 /.45?
[13:16] {Les} gone
[13:16] {Les} .47 plutot
[13:18] {cipher} gild l.02
[13:20] {Les} GLD short interesting here
[13:20] {cipher} out GILD .21 +.19
[13:25] {cipher} GILD S .40
[13:26] {cipher} cov .45
[13:26] {cipher} GILD S .43
[13:27] {ese} hmmmm am back
[13:27] {nemo} ffiv interesting spot
[13:27] {Will49} no school ese?
[13:29] {Will49} or is that a colloquialism for being profitable?
[13:31] {cipher} meli l.50
[13:31] {cipher} out .92 +.42
[13:32] {cipher} cov GILD .35 +.08
[13:34] {Les} cover half GLD .51
[13:35] {Les} 2h .40 me out
[13:41] {nemo} can make an argument for dis short break of .90
[13:41] {nemo} R/R is iffy though
[13:46] {Les} ETR covered 1:2 ty DP
[13:46] {dptl} VLO .40 short?
[13:50] {Les} nice inverted c&h vlo
[13:51] {dptl} out half .25
[13:54] {nemo} BIDU important level on daily
01[13:54] {Threei}  so, looks like when I am habing an off day, all I need to do is shut up, and you guys find nice trades
06[13:55] * Threei contemplates retirement
[13:57] {Will49} don't retire until about 10PM
[13:57] {Will49} then you'll be rarin' to go tomorrow morning:)
[13:58] {ese} hey will....yes...i do have classes but i was on the phone to denmark again for the summer......am going now though
[13:58] {nemo} look for FAS bounce in .50-.60 area
[13:58] {ese} cyou al tomorrow
[13:58] {Will49} peace
[13:58] {Les} ciao
[13:58] {nemo} holy shit, something went below vwap...wtf
[13:58] {ese} ciao boys
01[13:59] {Threei}  take care ese
01[14:04] {Threei} Short Setup: C  .10 break
01[14:04] {Threei}  anfd if this one doesn't give us 1:3...
[14:05] {nemo} anf ?
06[14:05] * Threei looks around the room to decide whose keyboard to eat
[14:05] {nemo} vwap at 48.90 which is also R2...want some ketchup with that?
01[14:06] {Threei}  it hasn't even triggered yet
[14:06] {dptl} out a bit more .16 vlo
[14:06] {nemo} might as well be ready
[14:06] {dptl} stop .31
[14:06] {Les} just disinficted mine. it's clean
01[14:06] {Threei}  and don't talk as if VWAPs or Rs never get broken
[14:07] {Alexs} stop .15 on C?
01[14:08] {Threei}  that's too tight
01[14:08] {Threei}  standard, .20
[14:08] {Alexs} k
[14:08] {dptl} to .26 vlo
[14:08] {jdetente} "that's too tight"...there's a joke there somewhere...
[14:08] {jdetente} which I will not make
[14:08] {nemo} yeah...trying to figure out how to make it about Les
01[14:09] {Threei}  please don't
01[14:09] {Threei}  I am still not over that mother's day gift ad
[14:09] {nemo} oh, it's the old "now clap your hands" line
01[14:10] {Threei}  http://www.youtube.com/watch?v=cvMy1xOh6cw
[14:11] {jdetente} if C doesn't work this will be a sad day
[14:12] {nemo} how's the keyboard Vad?
01[14:12] {Threei}  havn't even picked one yet
[14:12] {jdetente} we have 2 cents to choose
[14:12] {nemo} eat the wireless one
[14:12] {patel} u like Wireless keyboards or wired keyboards
01[14:12] {Threei}  I really don't discriminate
[14:13] {nemo} You eat the keys separately?
[14:13] {patel} Which row u start with?
[14:13] {Will49} do i send my keyboard by UPS?
01[14:13] {Threei}  and chew thoroughly
01[14:13] {Threei}  from left upper corner of course
[14:13] {jdetente} what are you going to rinse it down with?
[14:14] {jdetente} when C hits 49 lol
[14:14] {patel} Is hte spacebar your desert?
[14:14] {patel} dessert
[14:14] {nemo} the mouse
01[14:14] {Threei}  numeric pad is dessert
[14:15] {nemo} lyb looks short here
[14:16] {nemo} especially if SPY and FAS test VWAP
[14:18] {nemo} SPY teasing the bears again
[14:24] {nemo} forgot about infi
[14:26] {dptl} all out vlo .93...+.41
01[14:26] {Threei}  see? it's dp and nemo who you should be following today
[14:26] {Will49} congrats
01[14:26] {Threei}  dismissing me like a mop from Titanic
[14:26] {dptl} :)
[14:27] {nemo} refiners are behaving like the used to...sprint higher after the first of the year, and sell off after April
01[14:27] {Threei}  all wrung dry and still uselss
[14:27] {jdetente} 1:1 LYB
[14:27] {nemo} are you talking about Les?
[14:27] {Les} nice one dp
[14:27] {Les} talking about your sex life nemo
[14:27] {nemo} oooooooooohhhhhhhhh
[14:28] {Les} :P
[14:28] {Les} watching IWM flirt with 96 here. maybe long entry to finish
[14:28] {Les} with tna
[14:29] {nemo} careful, I think spy and fas have a date with vwap today
[14:30] {Les} what levels?
[14:30] {nemo} piss off Les
[14:30] {Les} hehehe
[14:31] {Les} .00 for spy and iwm here
01[14:34] {Threei}  crrrrap
01[14:34] {Threei}  .30 vreak CAT, setup that I'd call with no hesitation on any other day
01[14:34] {Threei}  byt today trying to keep activity to minimum, I decided to skip it
01[14:35] {Threei}  Stanley Drunkenmiller: Recent selloff in commodity prices is not a 'correction', but instead the end of a supercycle
[14:36] {RonS} original...people have been saying that for a month...
01[14:37] {Threei}  well, a lot of them still refer to it as correction
01[14:37] {Threei}  especially in PMs
[14:37] {Les} watch the ozzie dollar
[14:37] {nemo} F' it...just watch the charts
[14:38] {Les} break that range been in last 12 months
[14:38] {dptl} lol ..Nemo
[14:38] {Les} seek db TNA
[14:38] {nemo} I find the Les I read or listen to the better
[14:38] {Les} ?
[14:39] {Les} oh ok
[14:39] {nemo} o.k. finnies at VWAP it's SOGOTP time
[14:39] {Les} damn .90 tna was it
[14:39] {thomcbell} i am the same after many years of reading and listening to everything nemo
[14:39] {nemo} you're just at the bottom of the range for iwm at pivot
[14:39] {nemo} I listen to the vodka bottle
01[14:39] {Threei}  it shuld give you second chance Les
01[14:40] {Threei}  watch it for revisiting the low
[14:40] {nemo} I would play fas or spy derivative here, they're running the show today
[14:42] {nemo} vxx popped BIG time
[14:42] {nemo} thought it was awful happy today
[14:42] {Les} .00 if holding .90?
[14:42] {nemo} no longs here for me, vxx something up
01[14:43] {Threei}  tes but watch SPY
[14:43] {nemo} I do...all day
01[14:43] {Threei}  not you... les
[14:43] {nemo} long setup there
[14:44] {Les} oh, I don't watch spy
[14:44] {nemo} what, checking for polyps again?
[14:45] {jdetente} LYB had more in it...too bad stopped on trail
[14:45] {Les} merde
[14:45] {nemo} having lunch are you Les?
[14:46] {Les} potential DT VXX
[14:47] {nemo} ok, important level in SPY and FAS
[14:49] {Les} vxx short term top
[14:53] {dptl} HCP .80 short?
[14:53] {nemo} support at .60
01[14:55] {Threei}  I am not sure... keep .86 stop
01[14:55] {Threei}  risk is small enough
01[14:55] {Threei}  worth a shot for that reason alone
[14:55] {dptl} k
[15:08] {Les} sm. tna entry .01
[15:08] {Les} .95 stop
01[15:09] {Threei} Short Setup: FCX  .35 break
01[15:09] {Threei}  If holds  .40
[15:10] {Les} partial .10
01[15:11] {Threei}  wtg
[15:12] {Les} needs to make 1:2 to make me happy
01[15:13] {Threei}  you are easy to please, aren;t you
01[15:14] {Threei}  Invalidated
[15:17] {Will49} gotta run....see you guys tomorrow
[15:17] {Les} cheers
01[15:17] {Threei}  take care will
[15:18] {Les} 1:2
01[15:18] {Threei}  OCN
01[15:18] {Threei}  dino, cipher
[15:18] {Les} 1:3 my ass is out
01[15:18] {Threei}  getting hyped by Eisman
[15:19] {Les} slowly learning some wu wei
[15:19] {Les} and it pays
01[15:19] {Threei}  it sure does
[15:20] {stevw} son of a ... was looking at possible long entry on TNA when bam!
[15:21] {patel} We in anything.
[15:21] {nemo} [14:48] {nemo} ok, important level in SPY and FAS
01[15:21] {Threei}  no... les just closed TNA at 1:3
[15:21] {Les} disconnected two screens so only price, vol. and bb's until I'm happy with my progress
01[15:21] {Threei} Short Setup: FCX  .45 break
01[15:22] {Threei}  If holds  .50
01[15:22] {Threei}  HCP 1:1 finally
[15:23] {dptl} ye..out half
[15:25] {dptl} let me bid .61 for last part
[15:27] {jdetente} FCX printed .51... still taking this Vad?
01[15:27] {Threei}  yes
01[15:28] {Threei}  I mean at this point it's just about whether keyboard is crunchy or extra-crunchy, tight?
[15:28] {Les} hehehe
[15:29] {Les} bacon and vodka'll fix the flavour
[15:29] {dptl} ye just marinated it over night Vad :)
[15:30] {Les} hmmmm chinese pork rib marinade
[15:31] {RonS} ...fished from the Shanghai river...
[15:31] {backman} FCX still valid
[15:31] {nemo} amazing how we finish at or close to highs every day
[15:32] {nemo} unemployment report should pop us close to 165 tmorrow
01[15:33] {Threei}  yes bman
01[15:33] {Threei}  as long as you don't mind 6 cents stop
[15:33] {nemo} http://bit.ly/144eaB2
01[15:33] {Threei}  I for one just decided to criss-cross this day out of the calendar
01[15:34] {Threei}  and wake up tomorrow saying "huh, how did I go to Thu from Tue"
[15:34] {nemo} vodka
[15:34] {backman} i live for them
[15:34] {dptl} then your Christmas will come earlier Vad
01[15:34] {Threei}  hmmm...
01[15:35] {Threei}  let's just not skip summer :)
01[15:35] {Threei}  a lot of shishkebabs to eat
[15:35] {dptl} mm...
[15:35] {Les} http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/04-2/20130507_SPX1.jpg
[15:35] {dptl} ;
[15:35] {dptl} :)
01[15:36] {Threei}  ok FCX
01[15:36] {Threei}  die
01[15:36] {Threei}  just die, no one needs copper anymore
[15:36] {stevw} other than to replace keyboards
01[15:36] {Threei}  it's all wireless now
01[15:37] {Threei}  (US) Treasury Sec Lew: Sequestration program lowers GDP by more than 0.5%
01[15:37] {Threei}  idiot
[15:37] {nemo} that's a crock
[15:38] {dptl} hmm...i got my .61 HCP...thank you unknown seller :)
[15:39] {thomcbell} ddd hehe
[15:40] {stevw} wow!
[15:41] {dptl} when is mothers day? next sunday?
[15:41] {stevw} yes
[15:41] {thomcbell} this sunday
[15:41] {dptl} ok ty
[15:42] {stevw} 12th
01[15:42] {Threei}  paddling, dp, paddling
[15:42] {dptl} :)
01[15:42] {Threei}  http://goo.gl/Ybtl7
[15:43] {dptl} lol
[15:44] {dptl} ok..good night all see ya tomorrow
01[15:44] {Threei}  you too
01[15:45] {Threei}  FCX, you have 10 more min to die
01[15:53] {Threei}  well?
01[15:53] {Threei}  3 cents more?
[15:55] {nemo} here comes the push to get iwm to the highs
[15:56] {nemo} good unemployment number tomorrow, we see 164.20 first then 165
[15:56] {jdetente} DDD taking off
01[15:57] {Threei}  2 min FCX
01[15:57] {Threei}  hurry up
01[15:57] {Threei}  hurry down I mean
[15:58] {Les} coer +.05 ty
01[15:58] {Threei}  OK, whatever... I am taking my 6 cents
[15:58] {jdetente} taking .39
01[15:58] {Threei}  just crunchy
[15:59] {stevw} yeah, settled for it at .39
01[15:59] {Threei}  thank you asll, we will get them tomorrow
[15:59] {Les} cheers
01[15:59] {Threei}  have a good evening
[15:59] {jdetente} must I say it...Nemo saves the day??
[15:59] {stevw} thanks and g'night
[15:59] {backman} note all
[15:59] {jdetente} thanks Vad (and Nemo)
[15:59] {backman} rather, night
01[15:59] {Threei}  :)