Not really our day, what with low volume and slow creep-up, while everyone was jockeying for no position into long weekend. Uneven week with uneven end.
Session Time: Fri May 24 00:00:00 2013
[09:06] {dptl} gm
01[09:06] {&Threei} dp :)
[09:06] {nemo} says who?
01[09:06] {&Threei} dp
[09:07] {nemo} mmmhhhh....not sure of his bona fides to make such an assessment
[09:08] {dptl} so this is long weekend coming up?
01[09:08] {&Threei} yes
[09:09] {dptl} always something..nobody wants to work :)
01[09:10] {&Threei} as always... everyone's happy but self-employed, groaning when hear about another holiday
01[09:11] {&Threei} saw a lot of that when new one was implemented in BC
[09:11] {dptl} nature is unkind
[09:12] {jdetente} good morning guys
[09:12] {cipher} gm
01[09:13] {&Threei} jd, cipher :)
[09:15] {Les} hey vad
[09:15] {Les} et al
01[09:15] {&Threei} Les :)
[09:15] {Les} what u post in log last night? the floor?
[09:16] {Les} can't see what Nemo and Ron said of me while I was away...
01[09:17] {&Threei} lol
[09:17] {nemo} vain isn't he?
[09:19] {Alexs} good morning
01[09:20] {&Threei} alex :)
[09:21] {Will49} gm
01[09:21] {&Threei} will :)
01[09:22] {&Threei} (UK) Pakistan International Airlines passenger plane has been diverted from Manchester airport for "security reasons" and is being escorted by fighter jets - UK media- The plane carrying 297 passengers has been diverted to Stansted airport. - Officials indicate that jets were usually sent when communication is lost with the airplane
[09:25] {backman} gm
[09:25] {ese} good bye and good morning
[09:25] {RonS} cya and good morning
[09:25] {dino} gm
[09:25] {ese} forgot to say goodbye yesterday before leaving
01[09:25] {&Threei} bman, ese. ron :)
01[09:26] {&Threei} dino :)
01[09:31] {&Threei} Short Setup: GDX .70 break
[09:32] {+cc_9} Morning fellers
01[09:32] {&Threei} cc9 :)
[09:32] {Les} and me
[09:32] {Les} I am an extraterrestrial
[09:33] {nemo} bacterium to be specific
01[09:33] {&Threei} rofl
[09:33] {Les} good one bunny
[09:33] {dino} gps sm l .51
[09:33] {nemo} leave bunny out of it
[09:34] {cipher} ACHC L .51
[09:34] {ese} you guys a re a serious challenge on the brain in the morning
01[09:34] {&Threei} (HU) Hungary Econ Ministry releases updated fiscal plans, includes new advertisement tax
01[09:34] {&Threei} right... tax the advertisement
[09:34] {nemo} yes, the smaller your glial organ the more of a challenge...big one for you, hah ese?
[09:35] {ese} what the H is a glial organ?
[09:35] {nemo} well, I was shooting from the hip actually, glial cells are one of the component cells of the brain
[09:35] {ese} L bx ,25 by the way
[09:36] {nemo} I just had to come up with a semi-insult quick
[09:36] {ese} lol
01[09:36] {&Threei} no go
[09:36] {dptl} stopped gdx
01[09:37] {&Threei} Long Setup: FCX .80 break
01[09:37] {&Threei} If holds .70
[09:38] {dino} fl
[09:39] {dino} fl sm l .50
[09:39] {dino} out gps .82, +.31
[09:41] {ese} out bx .52 +.27 3k worth...................hate to say goodbye but i gotta go....barbecue at Vic High today and i'm in charge...have a great weekend all
[09:41] {Will49} peace
[09:41] {ese} cya will
[09:42] {nemo} don't let the door hit you in the ass on the way out
[09:42] {ese} will try not to
[09:42] {nemo} might cause brain damage
01[09:42] {&Threei} ese left faster than anyone could mention long weekend
[09:43] {nemo} maybe I'll log in on Monday to bust his balls
01[09:43] {&Threei} I wonder if he comes to the room on Monday wondering where everyone is
[09:43] {backman} FCX trade to .68////is it still valid
[09:44] {dino} gps sm l .51
[09:44] {backman} ?
01[09:45] {&Threei} FCX valid
[09:48] {Les} l tza .35 holding .25
[09:48] {Les} half out
01[09:49] {&Threei} Short Setup: CAT .40 break hl
[09:49] {nemo} oops
01[09:49] {&Threei} spread widened...
[09:50] {nemo} you talking about CAT or a woman's ass as she ages?
[09:50] {Les} quarter 1:2
[09:51] {Les} all out 1:3
[09:51] {Will49} good one Les
[09:51] {Les} slowly working out these ETF plays ty
[09:51] {jdetente} Nemo...lol
[09:52] {cipher} IBB L.10
01[09:54] {&Threei} out CAT
[09:54] {dino} tm
[09:54] {jdetente} .45 was the stop?
01[09:55] {&Threei} FCX 1:1
01[09:55] {&Threei} originally no, but it behaved weirdly
01[09:55] {&Threei} and FCX triggered, so I prefered to focus on a normal one
[09:56] {dino} fl stop .19 -.31
[09:58] {dptl} out fcx second half
[09:58] {Will49} slso
[09:58] {Will49} also
[09:58] {Les} sm long tna .62 holding .50
[09:59] {jdetente} freakin CAT
[09:59] {dptl} yeah
[10:00] {Les} no go
[10:00] {dptl} CHK .20 short?
01[10:02] {&Threei} Long Setup: GLD .50 break hl
01[10:03] {&Threei} 2 men removed from plane at Stansted, both arrested on suspicion of endangerment of an aircraft
[10:03] {cipher} josb l .16
01[10:03] {&Threei} GLD is valid still
[10:03] {Alexs} gld valid?
[10:03] {Alexs} k
01[10:09] {&Threei} Invalidated
01[10:10] {&Threei} Short Setup: AOL .69 break hl
01[10:11] {&Threei} If holds .77
[10:12] {cipher} CVLT L..30
[10:12] {Alexs} r u in AOL Vad?
01[10:12] {&Threei} it never triggered
01[10:15] {&Threei} GLD
01[10:15] {&Threei} setup is back
01[10:15] {&Threei} with .48 stop
01[10:15] {&Threei} .38
[10:16] {Les} bit tight
[10:16] {backman} plz repeat call...power surged me out
01[10:17] {&Threei} never mind
[10:17] {dino} alk sm l .76
[10:17] {dptl} stopped
[10:19] {nemo} STX
[10:21] {cipher} out CVLT .99 +.69
[10:22] {dino} alk stop .47, -.29
01[10:22] {&Threei} Long Setup: C .20 break
01[10:22] {&Threei} If holds .10
[10:24] {nemo} choppy mess out there...
[10:24] {nemo} kinda' like Les' brain
[10:25] {dino} yeah
[10:25] {nemo} See Les, we all agree
[10:25] {thomcbell} long setup splk 44.24 break if holding 44.14
[10:26] {nemo} Makes sense though, why do theyy want to drop this thing before the long weekend
[10:27] {thomcbell} sorry guys was late in typing - i got about a half lot
[10:27] {thomcbell} Vad no i like C more
[10:27] {thomcbell} thru that level
[10:28] {thomcbell} now i like
01[10:28] {&Threei} yeah, shapes up well
[10:28] {thomcbell} lvs 57.10 long break
[10:29] {dino} alk rinsed
[10:29] {dino} re-loaded
[10:30] {backman} amy trail on C
01[10:30] {&Threei} not yet
[10:32] {thomcbell} lvs 1:1
[10:32] {dino} fl sm l .01
[10:33] {thomcbell} wow splk got 1:2 and then last quarter stopped
01[10:34] {&Threei} let's trail to .14 now
[10:37] {dino} 07 green
[10:37] {dino} giddy-up
[10:40] {Les} C weak as water
[10:40] {Les} might mean an index short setup shortly
[10:42] {dptl} out c
[10:42] {jdetente} not delighted
01[10:43] {&Threei} Short Setup: FCX .45 break
01[10:43] {&Threei} If holds .55
[10:43] {thomcbell} lvs stopped second half
[10:44] {thomcbell} stil want an entry .
[10:47] {dino} out alk .05, +.30
[10:50] {cipher} ulta s .74
[10:52] {nemo} crm looks short below 42
[10:52] {nemo} 49
[10:53] {dptl} heh was thinking .28 short CRM
[10:54] {nemo} If it were Les, I'd cancel my thought
[10:54] {Les} sure
[10:54] {Les} mushin baby
[10:55] {nemo} yes, but in your case it's literal
[10:55] {cipher} UL:TA stopped -.06
[10:55] {Alexs} trail stop on FCX?
[10:55] {Les} let's all be children and say "MIRROR!"
[10:56] {nemo} nah, you fill the quota just fine
[10:56] {nemo} ACN here might be short
[10:57] {nemo} size flashed at .35
[10:58] {nemo} acn holds .40 and drops .35 should be good to go
[10:59] {cipher} ULTA L.72
[11:00] {nemo} 1:1
[11:01] {nemo} so choppy today
[11:01] {nemo} drinking day
[11:01] {nemo} then again, what makes today different
[11:01] {jdetente} hear hear
[11:01] {Will49} second that
[11:01] {Les} l tza .42
[11:01] {nemo} on my third actually
[11:01] {Les} holding .30
[11:02] {nemo} 1:2
[11:02] {nemo} well coming
[11:02] {nemo} Les, this is a chopfest, I'd be real careful
[11:04] {cipher} LQDT L.87
[11:05] {nemo} ANF, not much for break outs today though
[11:05] {nemo} but, definitive buyer
[11:06] {nemo} worked
[11:07] {dptl} fcx trail to .51?
01[11:08] {&Threei} .52 rather
[11:08] {dptl} k
[11:08] {nemo} Les, my opinion (and we know what that's worth ;-)) no marginal setups, be careful of breakouts and breakdown's today, short from resistance and buy at support unless a trend develops
01[11:08] {&Threei} have you guys see this out of bounds print at .54?
[11:09] {nemo} must have been Les
[11:09] {dptl} yeah
[11:09] {Les} yeh
[11:09] {Alexs} no
01[11:09] {&Threei} that's your answer why I don't like automated stops
01[11:09] {&Threei} you don't have a tail reaching .54 at 11:08 candle alex?
[11:10] {Les} TZA stopped
[11:10] {Alexs} no
01[11:10] {&Threei} weird
[11:10] {Alexs} its just in your system
01[11:10] {&Threei} dp has it too
01[11:10] {&Threei} and les
[11:11] {Will49} and me
[11:11] {cipher} out LQDT .07 +.20
[11:11] {jdetente} I don't see that either Vad
[11:12] {dptl} some systems has filters on those trades
[11:12] {nemo} pull in time
[11:13] {dptl} stoppes fcx
[11:13] {Alexs} I have TD Ameritrade as well they don't have either
[11:14] {nemo} now anf might be long back to resistance at .85ish
[11:14] {nemo} iwm pivot at .45
[11:18] {Alexs} in lightspeed when u use customized stop u can use a filter to exclude wrong prints
[11:23] {Les} realised got my ass rinsed on TZA took it again .36 half out
01[11:23] {&Threei} Short Setup: SLW .05 break
[11:27] {jdetente} alright SLW let's get something out of you
01[11:28] {&Threei} seriously
[11:28] {Alexs} what stop slw?
[11:28] {jdetente} a 1:3 would be nice
[11:28] {dptl} what was the call?
[11:28] {jdetente} short breaking .05
01[11:28] {&Threei} 11:23] {&Threei} Short Setup: SLW .05 break
01[11:29] {&Threei} well, .11 and .15 are equally valid by chart
01[11:29] {&Threei} .11 has more chance of a rinse
01[11:29] {&Threei} I prefer .15
[11:29] {dptl} you in?
[11:29] {jdetente} it triggered dp
[11:30] {Alexs} k
[11:30] {dptl} ok in .04
[11:30] {dptl} got disconected
[11:31] {Alexs} this is advantage of mibbit u can see previous chat
[11:32] {Alexs} after connection
[11:32] {nemo} WSM arguably a long here, but no momentum
01[11:32] {&Threei} yeah, we tried to reproduce it in mirc, no luck
01[11:33] {&Threei} it's a server software feature, it doesn't exist on the hosting server we use
[11:33] {Alexs} I like mibbit but the sound alerts
01[11:33] {&Threei} mibbit introduces another server inbetween
01[11:33] {&Threei} which means slower and another link to be broken in the chain
[11:33] {nemo} volume wsm
[11:34] {nemo} now that's a weird candle...perfectly neutral
[11:35] {dino} jive
[11:35] {nemo} was just gonna say that dino
[11:35] {Will49} jive?
[11:36] {dino} drop/pop
[11:36] {Les} 2h tza stopped
[11:36] {Les} chop chop
[11:36] {Will49} tks dino
[11:38] {dino} np
[11:38] {dino} sm .70 s
[11:39] {Alexs} it's time to intimidate SLW Vad
[11:39] {dptl} so .15 stop?
[11:40] {Les} c&h spy
01[11:41] {&Threei} they don't seem to be afraid of me today, alex
01[11:41] {&Threei} I might be losing my "scare'em edge"
[11:41] {Les} close enough to 1:2 ty Nemo WSM
[11:42] {Les} you see there is a kind caring heart in that rotten pit of a ribcage
01[11:42] {&Threei} nemo faints
01[11:43] {&Threei} suggeastion that he has kind caring heart beating in his chest makes him want to rip that chest open
[11:43] {cipher} +.25 WSM thx nemo
[11:45] {dino} cov jive .30, +.40
[11:46] {cipher} qcor l.22
01[11:48] {&Threei} FB is getting heavy
[11:50] {Les} see it's losing its charm in daily
01[11:50] {&Threei} yup
[11:52] {jdetente} yeah nice weekly chart hehe
[11:53] {jdetente} now if SLW would only cooperate and make this day a little brighter
[11:56] {dino} fl to .36
[11:56] {dino} out +.35
[12:01] {dino} global warming b.s. 50 degrees here and all thru weekend. should be averaging 75-80
[12:01] {nemo} get with the propaganda...it's climate change
[12:02] {dino} 2 of 3 past winters we set records for lows
[12:02] {cipher} UTHR L .45
01[12:02] {&Threei} ok... 11 now
01[12:02] {&Threei} .11
[12:03] {RonS} demand here for a slower moving pick than slw...head spinning...
[12:03] {dino} vrx
[12:04] {dino} damn can't borrow vrx
01[12:04] {&Threei} sorry Ron
01[12:04] {&Threei} I'll try to call GOOG next time
[12:04] {jdetente} 1000 shares of GOOG
[12:04] {RonS} lol
[12:05] {dino} vrx 4 buck spike
[12:06] {Les} my god vrx
[12:06] {Les} someone making their forture
[12:06] {Les} fortune
[12:07] {jdetente} or losing their a*s
[12:07] {Les} gotta be someone on the other side of that trade :)
[12:07] {dino} halt coming imo
[12:07] {Les} 10 dollar spike
[12:08] {dino} rumors takeover
[12:08] {Les} wtf?
[12:08] {dptl} damn it...after all
[12:08] {Les} slw
[12:08] {jdetente} speaking of halted
[12:08] {dptl} out .21
[12:09] {dptl} what the heck
[12:09] {jdetente} got my butt out at .11
[12:09] {cipher} +.73 VRX short
[12:09] {cipher} took 2 seconds
[12:09] {dino} yeah 85 break was trig
[12:09] {dino} coo spike
[12:10] {cipher} no balls to hold beyond that
[12:10] {Les} slw halted. strange day
01[12:10] {&Threei} wtf
[12:10] {Alexs} that's the case when auto stop is better
[12:10] {dptl} scrude me big time
[12:10] {Will49} that's two of us
[12:10] {Will49} at least
01[12:11] {&Threei} ABX hatled
[12:11] {jdetente} I'm not getting emotional but today is frustrating me :)
01[12:11] {&Threei} hatlfest
[12:11] {Will49} where's my valium?
[12:11] {Alexs} look ar gdx
[12:11] {Les} pretty sure Nemo had the answer at 10am
[12:12] {jdetente} well I'm joining Nemo's club right now
[12:12] {Alexs} at
01[12:12] {&Threei} Barrick Gold Corp Halted; Chile said to be suing Barrick over Pascua-Lama Project - financial press***Reminder: On April 10th, ABX announced that it would suspend construction work on the Chilean side of the Pascua-Lama project while working to address environmental and other regulatory requirements to the satisfaction of Chilean authorities. In the interim, activities deemed necessary for environmental protection will continue as authorized. On April 18th there were rumors that the Chile interior ministry may be making overtures about a compromise on Pascua Lama Project.
[12:12] {nemo} send in your application and fee
[12:12] {Les} go greenies
[12:12] {jdetente} we should've played a drinking game this morning, shot for every stop lol
01[12:12] {&Threei} this must be what's killing GDX
[12:12] {cipher} out UTHR .59 +.14
[12:12] {Les} awful day to be a gold bull.... again
[12:13] {Alexs} it's bouncing though
[12:13] {Les} tza long .21 holding .15
[12:13] {Alexs} slw still halted
[12:14] {Les} got clobbered exit .26
[12:14] {dino} vrx 85 break again, imo,
[12:14] {Les} exiting
[12:18] {Les} tza stopped. grind up
[12:18] {nemo} les look at the channel
[12:18] {nemo} SPY probably has to get to pivot
[12:18] {nemo} that means IWM goes with it
[12:20] {jdetente} taking a drink break
[12:20] {Les} ok that'll be my last stand at the Alamo
[12:20] {RonS} SLW on Bloomberg, it's regarding Pascua-Lama
[12:21] {RonS} on stocktwits...SLW they have a provision in place to acquire stream ounces from other $ABX mines though, should be non-issue
01[12:21] {&Threei} they are ABX's partner in that
01[12:21] {&Threei} &*(%^#
01[12:22] {&Threei} - Note: SLW is a partner with Barrick on the Pascua Lama project
[12:22] {RonS} According to a filing w Chile’s regulator, $ABX must spend $29M to meet environmental standards at Pascua Lama. http://stks.co/tE8t
[12:22] {Les} lol first time caught out on halt trading with Vad
[12:22] {Les} if you're lucky it sells off
[12:22] {Les} just thank the regulators for protecting you
[12:23] {RonS} ABX $16M fine on top of $29M it must spend to meet environmental standards. Ouch!
[12:23] {Alexs} is that a big money for them?
[12:25] {Les} spy just broke bottom of channel
[12:25] {nemo} not quite
[12:26] {nemo} imo
[12:26] {Les} I don't count wicks, so its an inside trend line. IWM holding its line
[12:26] {nemo} so, it's merely a flesh wound
[12:26] {nemo} oy vay
[12:26] {nemo} frickin tight tape like this and you don't count wicks
[12:27] {thomcbell} lol
[12:27] {Les} need lower high in iwm and break thru .50 support
[12:29] {nemo} URI might be a short here against .10
[12:29] {dino} calling it a day. decent one. thx all. have safe holiday. and many thanks to any vets out there
[12:29] {nemo} so, you were saying Leslie?
[12:29] {Les} saying nothing dude.
[12:29] {Will49} peace dino
[12:29] {Les} I have no confirmation needed for short entrfy
[12:29] {Alexs} take care dino
01[12:29] {&Threei} have a great one dino, see you Tuesday
[12:29] {Les} cheers dino
[12:29] {nemo} ahem! "[12:26] {Les} I don't count wicks, so its an inside trend line. "
[12:29] {dino} :)
[12:29] {Les} what is this weekend, vets weekend?
[12:29] {Les} ah ok
[12:32] {Les} long .06 tza
[12:33] {nemo} as spy comes into the trend line....
[12:36] {Les} half ot the door
[12:36] {cipher} UTHR S .75
[12:37] {Les} ty Nemo, forgotten the importanfe of trend lines
[12:37] {Les} especially on theses shitty grind up days
[12:37] {Les} quarter out 1:2
[12:37] {Les} damn Nemo u r a nice guy
[12:37] {Les} don't let anyone tell u otherwise
[12:37] {nemo} perish the thought
[12:38] {cipher} cov UTHR .55 +.20
[12:40] {Les} at $18.50 ABX is daily inverse cup and handle with target of $17.50, should selling kick in
[12:47] {Les} last quoarter stopped tail
[12:47] {Les} trail
[12:48] {Alexs} nice call les
[12:48] {Les} ty alex. learning phase on these etfs
[12:49] {Les} might be second entry op coming
[12:49] {Les} anyone wanna guess market close?
[12:50] {Les} probably grind the bears into long weekend
[12:50] {RonS} bet 4 pm edt...
01[12:51] {&Threei} hmmm
01[12:51] {&Threei} that's a good odds bet
[12:51] {Les} oh
[12:51] {Les} i get it
[12:52] {Les} call me lightning
[12:53] {cipher} LBTYA L .12
[12:55] {cipher} LBTYK L.65
[12:58] {Les} long tza .12 holding .05
[13:01] {cipher} out LBTYK .85 +.20
[13:01] {cipher} out LBTYA .33 +.21
[13:04] {nemo} tsla headed for the century mark
[13:05] {nemo} A license to sell medical Marijuana in MA is gonna' cost $50K
[13:05] {Les} govt. gets its cut
[13:05] {jdetente} so Nemo...have you submitted your app?
[13:05] {nemo} nah, my days with that stuff are long gone
[13:07] {Les} stopped
[13:07] {nemo} let me guess...long tza again?
[13:08] {nemo} gonna' call you Monk Sha
[13:10] {Les} still in shit
[13:10] {Les} hate that
[13:11] {Les} out -.03
[13:11] {Les} need spikes like dino
[13:11] {Les} grind sux
[13:21] {nemo} pivot reached in SPY
[13:22] {Les} recross of 32 holding .90 or .95 in TZA
[13:22] {RonS} goddam NYSE...SLW.CA was immediately halted, $SLW took about a min or two longer, and it popped 26c, I don't like the halt but I'm still bullish
[13:23] {nemo} you go girl
[13:23] {Les} yeh Ron
[13:23] {Les} you tell him Nemo
[13:24] {RonS} Silver Wheaton (SLW:$23.30,00$0.21,000.91%) holds a 5% share of the estimated average annual silver production for the first full five years of Pascua-Lama's operation. According to current estimates, this is the equivalent of nine million ounces of silver.
[13:26] {Les} why be bullish on SLW with such news?
[13:27] {RonS} sorry quote from stocktwits...some saying slw has a re-purchase agreement w/abx in case no mine...
[13:27] {Les} ahh
01[13:33] {&Threei} Short Setup: GDX .40 break
01[13:38] {&Threei} http://www.youtube.com/watch?feature=player_embedded&v=qGxLkaCdpLc
[13:44] {RonS} Soviet comedy?
[13:44] {RonS} :)
01[13:44] {&Threei} lond of :)
01[13:44] {&Threei} kind
[13:55] {jdetente} SLW halt sure has dragged on.
01[13:56] {&Threei} still no time for either SLW or ABX to open on the current halts list
01[13:56] {&Threei} news is out, what the heck
[13:56] {dptl} you still in?
01[13:57] {&Threei} just 200 shares
01[13:58] {&Threei} Invalidated GDX
01[14:03] {&Threei} GLD is flirting with day low
01[14:03] {&Threei} well, "not far from it" would be better way to put it
[14:06] {dptl} P .80 short?
01[14:06] {&Threei} looks right
[14:07] {nemo} and the grindup continues
[14:08] {dptl} in p
[14:08] {nemo} mmmhhh, that might be it on SPY
[14:15] {dptl} watching CRM for short somewhere
[14:16] {thomcbell} feel like there is room it being Friday before holiday weekend
[14:17] {nemo} iwm green
[14:17] {nemo} fas just about there
[14:17] {nemo} spy .20 more cents
[14:19] {nemo} Les, why don't you short here?
[14:19] {Alexs} where is entry on GLD Vad?
[14:20] {dptl} in CRM .59
01[14:20] {&Threei} I'd say .10
[14:20] {Alexs} so it's time?
[14:20] {dptl} nope out
[14:22] {dptl} i'll try .60 break again
[14:23] {Les} tza .81
[14:23] {Les} hlding .75
01[14:23] {&Threei} P 1:1
01[14:24] {&Threei} something works... wow
[14:26] {jdetente} I really wanted that shot but I'll take the cash
[14:26] {jdetente} now I'll just have it in celebration
[14:26] {Les} half .89
[14:28] {dptl} CRM .65 break short
[14:29] {dptl} no not yet
[14:30] {dptl} yeah....really bad day i had...
01[14:32] {&Threei} trying to remember... have I ever heard from you "I had a great day"?
[14:32] {dptl} yeah it was monday :)
01[14:32] {&Threei} yeah, but have we heard that?
01[14:32] {&Threei} ever?
[14:32] {dptl} yeap
[14:32] {Les} hehe it's all in the mind
01[14:33] {&Threei} it's not like you never had one, right?
[14:33] {Will49} aren't Russians supposed to be gloomy? :)
[14:33] {Will49} when sober
01[14:33] {&Threei} are they ever?
[14:34] {Les} a little moreoff at .94
01[14:36] {&Threei} 1:2 P
01[14:36] {&Threei} you in that, dp?
[14:36] {Les} out .98 TZA
[14:36] {dptl} ye
[14:37] {dptl} want to cover around .50
01[14:37] {&Threei} OK, tell me when you are done with it, I want to offer you one mental experiment
[14:37] {dptl} k
[14:37] {Les} I'm trfing to find this setup, P...
01[14:38] {&Threei} ?
01[14:39] {&Threei} break of .80, nice cute DBI
[14:39] {Les} looking thru floor for your call
[14:39] {Les} must have missed it
[14:39] {Les} someones call
01[14:39] {&Threei} it was dp's question
01[14:39] {&Threei} [14:06] {dptl} P .80 short?
01[14:39] {&Threei} [14:06] {&Threei} looks right
[14:48] {dptl} out p
[14:48] {dptl} ok Vad
01[14:48] {&Threei} ok
01[14:49] {&Threei} imagione a board, 2 ft wide, 30 ft long, lying flat on the ground
01[14:49] {&Threei} can you walk it safely and confidently?
[14:49] {dptl} yes
01[14:50] {&Threei} now, same board
01[14:50] {&Threei} same width, same lenght,
01[14:50] {&Threei} only now it's suspended in the air at the heigh of, say 500 ft
01[14:50] {&Threei} can you walk it still?
[14:51] {dptl} well that would be much harder yes
01[14:51] {&Threei} why?
01[14:51] {&Threei} it's same board that you could walk with no troubles
01[14:51] {&Threei} so we do know that its widt is enough for a person to be able to keep balance on
01[14:51] {&Threei} and its length is not beyond this same person's capabilities
01[14:52] {&Threei} so, why this simple tast suddenly becomes next too impossibleZ?
01[14:52] {&Threei} task
[14:52] {dptl} the coast of mistake is much bigger
01[14:52] {&Threei} right
01[14:52] {&Threei} so?
01[14:52] {&Threei} what's happening?
01[14:53] {&Threei} I ask this because it's counter-intuitive:
01[14:53] {&Threei} since cost of an error is so high, you should be expecially focused, attentive, careful, right?
01[14:53] {&Threei} and if you could navigate it when it was nothing to worry about,
01[14:53] {&Threei} then you should be able to do it even more confidently now that you know you need to focus?
01[14:54] {&Threei} yet opposite happens
01[14:55] {&Threei} any guess?
[14:55] {thomcbell} have a good weekend guys
[14:55] {Les} ciao tbell
01[14:55] {&Threei} take care tbell, see you Tuesday
[14:55] {dptl} yes i see....i see what you mean....
01[14:56] {&Threei} try to put it in words
01[14:56] {&Threei} this is obviously self-sabotage in works,
01[14:56] {&Threei} but I want you to see how exactly it works
[14:56] {nemo} now things look short
01[14:57] {&Threei} so, try to explain it?
01[14:59] {&Threei} want me to?
[15:00] {dptl} i am just so frastrated of being wrong so many times, its like i cant find my edge....as Dino would say.....sometimes i see set up and it looks good, but actually its not, and then someting i dont understand works....feels like i am stuck
01[15:00] {&Threei} GLD 1:1
[15:00] {Les} wooohoooo
01[15:01] {&Threei} you are back to techniques...
01[15:01] {&Threei} I am talking about mindset and self-sabotage
01[15:01] {&Threei} it's about what you are focused on
[15:01] {dptl} it seems like one comes from another
[15:01] {nemo} Do you have your setups written up, and it what markets they work and don't work?
[15:01] {Les} out gld ty
[15:01] {Les} omg gld
01[15:01] {&Threei} woohooo
01[15:01] {&Threei} out
[15:02] {Les} u scored
01[15:02] {&Threei} 1:4
01[15:02] {&Threei} takes some bite off
[15:02] {nemo} crm looks short
01[15:02] {&Threei} while that board was lying on the ground, you focused on what?
[15:02] {Alexs} day saver
01[15:02] {&Threei} blue sky?
01[15:02] {&Threei} green grass?
01[15:02] {&Threei} butterflies?
01[15:02] {&Threei} cute girl?
[15:02] {jdetente} hmmm I must've missed something
[15:02] {jdetente} didn't see that call
[15:03] {Les} lot of that goin round jd
01[15:03] {&Threei} 14:19] {Alexs} where is entry on GLD Vad?
01[15:03] {&Threei} [14:20] {&Threei} I'd say .10
01[15:03] {&Threei} as soon as danger became so prominent, you focused on that
[15:04] {nemo} wasn't an official call
01[15:04] {&Threei} and your mind started cutting off everything else,
01[15:04] {&Threei} leaving only the most dangerous developments in your field of attention
01[15:04] {&Threei} your choices narrowed tho those only,
01[15:04] {&Threei} and your actions followed.
01[15:05] {&Threei} You focus on your losing days and trades so much, this is the only thing you see
01[15:05] {&Threei} You take great day as nopthing, you never even acknowledge it
01[15:05] {&Threei} but you can't srop talking and thinking about losing one
01[15:05] {&Threei} This indicates where you focus
01[15:06] {&Threei} and this narrows your chpices and actions to the field of losing actions
01[15:06] {&Threei} you focus on them exclusively, you are drawn to them like magnet
01[15:06] {&Threei} see what I am talking about?
[15:06] {dptl} hmm.. it feels like that yes
[15:07] {RonS} how can they open abx and not slw...
[15:07] {nemo} they did, so obviously they could
01[15:07] {&Threei} have you ever seen a successful person in any field, being grim, moody, talkling doom-and-gloom?
01[15:07] {&Threei} lol nemo
[15:09] {Alexs} economist Mark Faber
01[15:09] {&Threei} is he grim about his success as economist?
[15:09] {nemo} all three indexes have the weekly pivots in range
01[15:09] {&Threei} he is just a seller of doom and gloom
[15:09] {RonS} economist?...thought blowhard...
01[15:10] {&Threei} and fairly successful at that
01[15:10] {&Threei} yeam lol
[15:11] {dptl} i will have to think about that Vad. .....unfortunatly i have to run..... have a good weekend all see ya tuesday
[15:11] {Les} cheers dp
[15:12] {Alexs} good night dp
01[15:12] {&Threei} take care dp
[15:12] {Will49} peace dp
[15:12] {jdetente} see ya dp
[15:24] {RonS} Silver Wheaton "Confident" in Barrick's Ability to Develop Pascua Lama
[15:24] {RonS} (but unsure if stock will ever trade again...)
01[15:24] {&Threei} lol
[15:24] {Les} heh
[15:27] {nemo} So, you short Les?
[15:28] {Les} saw potential db but had enough of this crawling
[15:28] {jdetente} ahahaha
[15:28] {nemo} forehead too banged up?
[15:28] {nemo} or is it the other end?
[15:29] {nemo} I suppose I should get a piling on penalty today...so frickin' boring
[15:29] {Les} no
[15:29] {Les} satisfied with entry setup technique
[15:29] {Les} but this is just too slow now
01[15:30] {&Threei} SLW
01[15:30] {&Threei} open
[15:30] {nemo} well, I suppose taking it at one end could cause injury at the other
01[15:30] {&Threei} out
01[15:30] {&Threei} whew
01[15:30] {&Threei} not too bad
[15:30] {RonS} covered 1k 22.78 +.28....sheesh thanks 3i
01[15:30] {&Threei} :)
[15:31] {jdetente} nice one guys...luck of the draw there
01[15:31] {&Threei} true
[15:32] {RonS} have a good weekend all...need to change my diapers...
[15:32] {Les} no Mark, specific setup begins to show up even in this grind up
[15:32] {Will49} be good Ron
01[15:32] {&Threei} don't give it second thought. Luck will change next trading day
[15:32] {Les} cheers ron
01[15:32] {&Threei} have a good one Ron :)
[15:32] {nemo} iwm dropping but spy and fas not
[15:33] {nemo} Vad, I think it has more to do with his age than the trade
01[15:34] {&Threei} well, getting stuck in halted stock IS nasty and diapers-inviting experience :)
[15:35] {Alexs} now I see that auto stop is a bad idea, lol
[15:36] {nemo} probably want to close spy at 165
[15:38] {Les} final setup tza .80 was the best. alas, without me
[15:39] {Les} final break of the intraday trend line
[15:39] {Les} finally a
[15:40] {nemo} well, you got a nice double top on IWM at yesterday's close
[15:40] {Les} did i?
[15:40] {nemo} IWM did
[15:41] {Les} yesterday close as resistance was logcially the best place, with DT to boot
[15:42] {Les} at these leves
[15:42] {nemo} must be an echo
[15:42] {Les} levels
[15:43] {Les} sorry thought you were talking about yesterdays close
[15:43] {Les} drugs r coming off
[15:43] {nemo} I was, as today's price action reached it
[15:44] {Les} outta here. enjoy yer long weekend
[15:44] {Alexs} ba short .02?
[15:45] {Les} a+
01[15:45] {&Threei} I don't think there is enough time, alex
[15:45] {Alexs} k
[15:45] {jdetente} Have a good weekend guys. Let's get em on Tuesday...
[15:46] {Alexs} take care jd
01[15:47] {&Threei} have a good one jd
[15:48] {Will49} Have a nice long weekend, American friends
01[15:48] {&Threei} you too will
[15:49] {Will49} cheers Vad
01[15:50] {&Threei} Ok guys, have a nice great relaxing weekend
01[15:50] {&Threei} see you Tuesday
[15:51] {Alexs} have a nice one Vad
[15:51] {backman} l8r
[15:53] {Alexs} good night to all
