Finishing the day in profit but bored to death - been a good while since market has been this slow. After yesterday's activity one would expect some follow-through... one would be wrong.
[15:59] <+cc_9} ok folks, been a fun day, somewhat.
Session Time: Thu May 23 00:00:00 2013
[08:43] <+cc_9} *yawn* hi
01[08:44] <&Threei} nnnnnnooooooo....
[09:01]
01[09:01] <&Threei} cipher :)
[09:04] 01[09:04] <&Threei} dino :)
01[09:16] <&Threei} *(US) MAR HOUSE PRICE INDEX M/M: 1.3% V 0.8%E; Q/Q: +1.95% V 1.4% PRIOR
01[09:17] <&Threei} new world... the better numbers the worse for the market
[09:18] 01[09:18] <&Threei} dp :)
[09:19] 01[09:20] <&Threei} alex :)
[09:22] 01[09:22] <&Threei} ese :)
[09:22] 01[09:23] <&Threei} ?
[09:23] [09:23] 01[09:23] <&Threei} just go long on inverse ETFs, to preserve the feel... :)
01[09:23] <&Threei} TZA, FAZ
[09:24] [09:24] [09:24] 01[09:24] <&Threei} but even with shorting... view it as just a trade, thnere is not much difference
01[09:24] <&Threei} when long, you buy first and sell later
01[09:25] <&Threei} when short, you sell first... :)
[09:25] [09:25] 01[09:25] <&Threei} or that
01[09:25] <&Threei} market heard that maybe some day Ben will stop pouring money in the funnel
[09:26] [09:26] 01[09:26] <&Threei} I retract that. new version:
01[09:26] <&Threei} market heard that maybe some day Ben will start pouring money in the funnel a bit slower
[09:26] [09:27] [09:27] 01[09:27] <&Threei} les :)
[09:27] [09:27] 01[09:27] <&Threei} jd :)
[09:27] 01[09:27] <&Threei} really ese... there is no difference, try not to listen to yourself to find one
[09:27] [09:27] [09:27] 01[09:28] <&Threei} bman :)
[09:28] [09:28] 01[09:28] <&Threei} EWJ I think?
[09:28] 01[09:29] <&Threei} DBI, 2 days breakdown, divergence, ese
01[09:29] <&Threei} JBE too, for salmons
[09:30] [09:30] 01[09:31] <&Threei} Short Setup: DCX .60 break hl
01[09:31] <&Threei} FCX
01[09:31] <&Threei} If holds .70
01[09:32] <&Threei} still valid
[09:33] 01[09:33] <&Threei} FCX
01[09:34] <&Threei} Invalidated
01[09:36] <&Threei} Short Setup: GDX .20 break
01[09:37] <&Threei} If holds .30
[09:37] <_babyheart 1999="" 2007="" analys="" and="" buy="" cncbc...="" crushed="" din="" got="" i="" most="" on="" p="" remeber="" retailers="" say="" when="">[09:37] <_babyheart all="" inn="" p="" vxx="">[09:39] <_babyheart any="" p="" pop="" short=""> 01[09:39] <&Threei} trail to .26
01[09:40] <&Threei} 1:1
[09:40] [09:40] [09:40] [09:41] [09:41] [09:41] [09:43] 01[09:43] <&Threei} 1:2
[09:43] 01[09:43] <&Threei} yw
[09:43] 01[09:44] <&Threei} :)
[09:44] 01[09:45] <&Threei} welcome guys
01[09:45] <&Threei} not sure why gold and miners jumped at all
01[09:45] <&Threei} while market got dumped
01[09:45] <&Threei} but who cares
[09:46] 01[09:48] <&Threei} Long Setup: JPM .10 break
01[09:48] <&Threei} If holds 53
01[09:52] <&Threei} no go
[09:52] [09:52] [09:53] 01[09:53] <&Threei} Short Setup: SLW 23 break
01[09:53] <&Threei} If holds .10
[09:54] [09:56] [09:56] 01[10:00] <&Threei} 10:00*(US) APR NEW HOME SALES M/M: 454K V 425KE
01[10:00] <&Threei} - *(EU) EURO ZONE MAY ADVANCED CONSUMER CONFIDENCE: -21.9 V -21.8E
[10:00] [10:01] [10:01] [10:01] 01[10:01] <&Threei} lol
01[10:02] <&Threei} trail to .06
[10:02] [10:04] [10:05] [10:06] [10:06] 01[10:06] <&Threei} 1:1
[10:06] [10:08] [10:08] [10:08] [10:09] [10:09] [10:09] [10:10] [10:10] [10:10] 01[10:11] <&Threei} frikin JPM rinsed
[10:11] [10:11] [10:11] [10:11] 01[10:11] <&Threei} don't put too much significance into that Les... look at our first GDX short
01[10:12] <&Threei} BBs did the same, price dropped below 1:2
[10:12] [10:12] [10:12] [10:12] [10:12] [10:14] 01[10:15] <&Threei} Long Setup: FAZ .50 break
[10:15] 01[10:15] <&Threei} If holds .40
[10:18] [10:18] 01[10:18] <&Threei} lol ron
[10:18] 01[10:18] <&Threei} a few
[10:18] [10:19] [10:19] [10:19] 01[10:20] <&Threei} ECB's Provopoulos: Greece's situation is turning around
01[10:20] <&Threei} from bad to worse?
[10:20] [10:21] [10:21] [10:21] 01[10:21] <&Threei} .44
01[10:21] <&Threei} should have taken .59
01[10:21] <&Threei} grrr
[10:21] [10:22] 01[10:22] <&Threei} out
[10:22] [10:23] [10:23] [10:23] [10:24] [10:24] [10:25] [10:26] 03[10:26] * Retrieving #discussions modes...
[10:27] [10:27] [10:27] [10:27] [10:28] [10:28] [10:28] [10:29] [10:29] [10:31] [10:33] 01[10:35] <&Threei} Long Setup: JPM .25 break
01[10:35] <&Threei} If holds .15
01[10:36] <&Threei} Invalidated
[10:36] [10:37] [10:37] [10:39] [10:39] [10:41] [10:41] 01[10:41] <&Threei} Long Setup: GLD 134 break hl
[10:42] 01[10:42] <&Threei} 1:1
[10:43] [10:45] [10:47] [10:51] [10:51] [10:51] [10:51] [10:52] [10:54] [10:54] [10:54] [10:55] [10:55] [10:55] [10:56] [10:56] [10:56] [10:56] 01[10:56] <&Threei} Short Setup: CAT .45 break hl
01[10:57] <&Threei} If holds .55
[10:57] [10:57] 01[10:57] <&Threei} change to .50 break
01[10:58] <&Threei} yeah, I liked yesterday much better
[10:58] 01[10:59] <&Threei} 1:1
[11:00] [11:01] [11:02] [11:03] [11:04] [11:06] [11:07] [11:10] [11:14] [11:17] 01[11:17] <&Threei} Short Setup: GDX .80 break
01[11:18] <&Threei} If holds .85
[11:18] [11:20] [11:20] [11:21] [11:22] [11:22] [11:23] [11:23] 01[11:23] <&Threei} 1:1
[11:24] [11:28] [11:29] [11:29] [11:29] [11:33] [11:37] [11:37] [11:37] [11:40] [11:40] [11:40] [11:43] [11:44] [11:45] [11:45] [11:47] [11:47] [11:47] [11:48] [11:48] [11:48] [11:48] [11:48] [11:49] [11:49] [11:49] [11:50] [11:52] [11:53] [11:53] [11:53] [11:55] 01[11:58] <&Threei} Short Setup: CAT 87 vreak hl
01[11:58] <&Threei} break too
01[11:58] <&Threei} If holds .10
01[12:00] <&Threei} Invalidated
[12:01] [12:04] [12:07] [12:21] [12:33] [12:33] [12:34] [12:53] 01[12:53] <&Threei} take care jd
[12:58] 01[13:08] <&Threei} Short Setup: LVS .70 break hl
[13:09] [13:10] [13:21] 01[13:21] <&Threei} yes
[13:25] 01[13:25] <&Threei} 1:1
[13:26] [13:34] 01[13:34] <&Threei} yeah
[13:35] 01[13:35] <&Threei} 1 cent to 1:2
01[13:35] <&Threei} lunch time
01[13:35] <&Threei} should have just taken it
[13:36] 01[13:36] <&Threei} Magnitude 7.4 earthquake strikes 255KM SW of Vaini, Tonga
[13:42] 01[13:46] <&Threei} dp
01[13:46] <&Threei} don't look at LVS
[13:47] [13:56] 01[13:57] <&Threei} why?
[13:58] [14:06] [14:07] 01[14:08] <&Threei} take care dp
01[14:11] <&Threei} very quiet day
01[14:11] <&Threei} not the calm summer quiet kind though
01[14:11] <&Threei} rather stunned kind, after yesterday's shock
[14:12] 01[14:12] <&Threei} be back in 20
[14:15] [14:22] [14:24] 01[14:33] <&Threei} back
[14:33] 01[14:33] <&Threei} just back :)
01[14:33] <&Threei} never was in red today
[14:33] 01[14:34] <&Threei} some little shadow of activity appears
[14:40] [14:41] 01[14:42] <&Threei} Short Setup: GLD .50 break hl
01[14:42] <&Threei} If holds .60
[14:42] 01[14:46] <&Threei} if invalidates, keep it on radar for reestablishing
01[14:46] <&Threei} that .50 support is lucrative to break
[14:53] [14:55] 01[14:56] <&Threei} no but watching GLD for .50 break
[14:58] [14:58] [15:00] 01[15:05] <&Threei} ok, I am in
01[15:05] <&Threei} let's try it
01[15:06] <&Threei} .62 stop, hl
01[15:07] <&Threei} target 1:2
[15:07] 01[15:07] <&Threei} GLD
01[15:07] <&Threei} .50 break short
[15:07] [15:07] 01[15:07] <&Threei} lol
[15:23] 01[15:24] <&Threei} take care dino
[15:24] [15:24] 06[15:25] * &Threei hits GLD over the head with 2x4
[15:25] [15:25] [15:34] [15:35] 