Thursday, May 30, 2013

May 30 2013

Picture perfect day, with trade after trade working for 1:2 and 1:3. One 10-cents stop on half lot couldn't even make a dent. Both long and short worked  at different times of the day.

 Session Time: Thu May 30 00:00:00 2013
[08:57] {stevw} g'mornin
[08:57] {nemo} on what do you base this assessment?
[08:58] {_fish_49} woke up this am
[08:58] {_fish_49} lol
[08:58] {nemo} if it gets any better we'll have to call the undertaker
[08:58] {Les} fish laughing at his own jokes already hey
[08:59] {Les} gm
[08:59] {nemo} you see me laughing?
01[08:59] {&Threei}  morning guys
[08:59] {_fish_49} morning Vad
[08:59] {Les} figure of joy you r, of course not
[09:00] {stevw} perhaps nemo, you can appreciate the other side of the "good morning" which for me is that i sleep so poorly i'm happy to just stop trying and get up
[09:00] {stevw} sardonic enough?
06[09:01] * Les slaps stevw around with a box of valiums
[09:01] {stevw} hmm, haven't tried those yet
[09:01] {dino} gm
01[09:01] {&Threei}  dino :)
[09:02] {nemo} do you drink alcohol at night stevv?
[09:02] {stevw} not enough i suspect
[09:02] {nemo} alcohol will interfere with sleep
[09:03] {nemo} Do you get regular exercise?  or meditate?
[09:03] {cipher} gm
[09:03] {stevw} i usually exercise a lot, but had major neck surgery 2 weeks ago,so still in recovery
[09:03] {nemo} ahh, now we know why your sleep sucks
[09:03] {stevw} the sleep i got while taking narcotic pain killers was awesome!
[09:04] {stevw} but, i've got myself off them now
[09:04] {dptl} gm
[09:04] {nemo} what was the condition-herniated disk?
01[09:04] {&Threei}  dp :)
[09:04] {Les} ah ok
[09:04] {stevw} congenital stenosis, a narrowing of the spinal column
01[09:04] {&Threei}  melatonin?
[09:04] {nemo} ahhhh...yeah, that's an issue...I was misdiagnosed with that once
06[09:04] * Les slaps vad round with a medical dictionary
[09:05] {stevw} i take some herbals now and again and i like them - they only seem to work for 4 -6 hours though
[09:05] {stevw} misdiagnosed?  it was herniated or something?
[09:06] {nemo} no, had a cat scan, the doctor who analyzed it was a moron...was living in Germany at the time, ended up being an advanced case of Lyme Disease
[09:06] {stevw} hmm, i've heard of Lyme Disease leading to many misdiagnoses!
[09:07] {stevw} i bet it took a while to get that under control
[09:07] {stevw} it's a nasty little devil
[09:08] {Les} that u playing around with deer and other game Nemo?
[09:08] {nemo} Well, one of the original Doctors who was in Lyme Ct. when they discovered it was working the next town over, doctor that performed an emg on me contacted him...then it was two weeks of Rocephin twice a day...I've had it again 4 times since
[09:08] {Les} tick borne bact
[09:08] {nemo} But now, just your basic doxicyclene for a couple of weeks
[09:08] {Les} returns from time to time?
[09:09] {Les} infection
[09:09] {nemo} Added bonus, that's an anti-biotic that you can still drink while taking
[09:09] {stevw} sweet
[09:09] {Les} u r seriously f&%รง*d up
[09:09] {nemo} no, I'm a hunter, so I pick up ticks now and again
[09:09] {dino} lots of them here this spring, dog keeps getting them
[09:09] {Les} become a hunter... and a carrier of disease
[09:09] {nemo} That's how I've been further infected...I just call the doctor, tell him to write me a script
[09:10] {stevw} you should try to avoid intimacy with the animals
[09:10] {nemo} I love shooting them
[09:10] {nemo} Wish you could shoot the two legged ones
[09:10] {stevw} and then getting intimate?
[09:10] {nemo} legally
[09:10] {nemo} no
[09:10] {nemo} not much on the necrophilia
[09:10] {stevw} i was just suggesting maybe cuddling
[09:10] {nemo} Although, there have been a couple of women that could be so described
[09:10] {stevw} not trying to be too rude
[09:11] {nemo} Don't worry about it, Les has that cornered
[09:11] {RonS} hello everyone
01[09:11] {&Threei}  not trying to be too rude {--- that's where you lose nemo
01[09:11] {&Threei}  ron :)
[09:12] {Les} yeh but we still love him
[09:12] {Les} nasty piece of work he is
[09:12] {Les} summer might be finally growing some balls and imposing itself in Europe...
[09:12] {_fish_49} tough crowd
[09:12] {_fish_49} Les had Nails for breakfast again I see
[09:12] {nemo} no, they just think they are
[09:13] {stevw} expecting gap up in FB this morning after a couple analyst upgrades
[09:13] {dino} have to leave for hour or so
[09:14] {stevw} just mentioning FB, because i take such pleasure in any opp to short it
[09:14] {nemo} gonna' be hot here today
[09:15] {_fish_49} where are you Nemo?
[09:15] {nemo} SOB
[09:15] {nemo} South Of Boston
[09:15] {_fish_49} never been there
[09:15] {_fish_49} oh
[09:15] {nemo} I thought SOB was a witty reference
[09:15] {_fish_49} I'm SOB as well
[09:16] {_fish_49} calling for near 100 today
[09:16] {nemo} I thought you were NOB?
[09:16] {_fish_49} yep
[09:16] {_fish_49} NOB and SOB
[09:16] {nemo} ahhhh, that narrows it down, and EOD
[09:16] {nemo} WOD
[09:16] {nemo} sorryu
[09:17] {Will49} gm
[09:17] {_fish_49} gm will
01[09:17] {&Threei}  will :)
[09:17] {Will49} hey fish
[09:18] {Will49} hey Vad
[09:18] {nemo} I'm not a fish...that is not the reference
[09:18] {Will49} ooops soory
[09:18] {Will49} sorry
[09:18] {nemo} don't you read Greek Literature?  sheesh...
[09:18] {dptl} lol...room slowly becomes an aquarium
[09:18] {Will49} lol
01[09:19] {&Threei}  lol
[09:19] {_fish_49} nemo not a fish he is a tode
[09:19] {Will49} one shark and a lot of minnows
[09:19] {_fish_49} http://www.nematodes.org/images/acrobelesrainbow.gif
[09:19] {_fish_49} nematode
[09:20] {_fish_49} everytime I see Nemo name  I think of a nematode
[09:20] {Will49} pretty
[09:20] {Alexs} gm
[09:20] {Les} http://encyclopedia.thefreedictionary.com/nemo
01[09:20] {&Threei}  alex :)
[09:20] {Les} what is the referenc?
[09:20] {Les} e
01[09:20] {&Threei}  I think of a mad captain of a submarine
[09:25] {nemo} It's from the Illiad
[09:26] {jdetente} morning all
01[09:26] {&Threei}  jd :)
[09:26] {Will49} you have a great memory nemo
[09:28] {_epach} hello all
01[09:28] {&Threei}  morning epach
[09:28] {nemo} epach chopra
[09:28] {robbers} Welcome here epach.
[09:28] {Will49} lol nemo
[09:29] {jdetente} welcome epach
01[09:30] {&Threei} Long Setup:  FCX  .25 break
01[09:30] {&Threei}  If holds  .15
01[09:30] {&Threei}  1:1
[09:30] {_fish_49} missed it
01[09:31] {&Threei}  yeah, was a bit fast
[09:31] {jdetente} yup me too darnit
01[09:31] {&Threei} Long Setup:  GLD  .75 break hl
01[09:31] {&Threei}  If holds  .65
01[09:32] {&Threei}  Invalidated
[09:32] {robbers} Thanks FCX.
01[09:32] {&Threei} Long Setup:  C  .30 break
01[09:33] {&Threei}  If holds  .20
[09:35] {Les} tna potential .50 cross if stabilises here
01[09:35] {&Threei}  1:1
[09:35] {_epach} good
01[09:35] {&Threei}  1:2
[09:35] {_fish_49} out here  thanks vad
01[09:35] {&Threei}  yw
[09:35] {Les} ty
[09:35] {robbers} Out C, thanks again.
[09:35] {RonS} C .28 to .42 thanks 3i
01[09:36] {&Threei}  :)
01[09:36] {&Threei}  1:3, out
[09:36] {Will49} tks vad 1:3 out
[09:36] {RonS} ooof
[09:36] {jdetente} thanks vad
01[09:36] {&Threei}  yw guys
01[09:36] {&Threei} Long Setup:  GDX  .10 break
01[09:37] {&Threei}  something's wrong with me...
01[09:37] {&Threei}  4 long calls in a row?
[09:38] {Alexs} stop?
[09:38] {ese} morning.......still struggling with tech issues
01[09:38] {&Threei}  keep this one tight, under .05
01[09:38] {&Threei}  morning ese
[09:38] {Les} l tza .11 holding .00
[09:38] {jdetente} long GDX...did Vad get abducted by aliens??
01[09:39] {&Threei}  something's obviously amiss jd
01[09:39] {&Threei}  1:1
[09:39] {_epach} GDX 1:1. ty Vad
01[09:40] {&Threei}  yw
[09:40] {Les} stopped.
[09:40] {_fish_49} ty vad out
[09:40] {+cc_9} anyone kept that VTR from yesterday on watch for this morning ? Nemo ?
[09:40] {robbers} Out GDX, thanks yet again :).
01[09:40] {&Threei}  :)
[09:40] {RonS} gdx 10 to .22 ty
01[09:41] {&Threei}  1:2
[09:41] {Les} all out ty
[09:41] {jdetente} out GDX thanks
01[09:41] {&Threei}  yw guys
[09:41] {Will49} nice Vad...tks again
01[09:41] {&Threei}  will GDX forgive me now for all the countless shorts?
[09:41] {jdetente} apparently!
[09:42] {robbers} LOL
[09:42] {jdetente} GDX has low self esteem...she'll take anyone back
01[09:42] {&Threei}  rofl
[09:42] {Les} hehe
01[09:42] {&Threei}  1:3 close enough, out
01[09:43] {&Threei}  US) Preview: Apr Pending Home Sales expected at 10:00 ET
01[09:45] {&Threei} Short Setup: FCX  .15 break
01[09:45] {&Threei}  If holds  .20
01[09:46] {&Threei}  Invalidated
[09:46] {RonS} ticked .22 now what?
[09:46] {RonS} ok
01[09:48] {&Threei} Short Setup: GLD  .30 break hl
01[09:48] {&Threei}  If holds  .40
01[09:48] {&Threei}  man, this feels good
01[09:48] {&Threei}  even to type
[09:48] {jdetente} like taking a nice drink of scotch
[09:48] {jdetente} it's just right
01[09:48] {&Threei}  Glenlivet, 15 years
[09:48] {_epach} lol
[09:48] {jdetente} nice
[09:49] {_epach} Vad
01[09:49] {&Threei}  Spy gets a bit ahead of itself
[09:49] {_epach} I'm from Spain, like Fernando
01[09:49] {&Threei}  oh cool
01[09:49] {&Threei}  say hello to him
[09:49] {_epach} sure
01[09:49] {&Threei}  Invalidated  GLD
01[09:50] {&Threei}  wacthing TZA, moment must be close
[09:50] {Les} if spy holds .25
01[09:51] {&Threei}  one more pullback TZA, please
01[09:51] {&Threei}  give us double bottom
01[09:53] {&Threei}  wasn't oo clear to me
01[09:53] {&Threei}  still isn't
[09:54] {Les} took on first bounce .65/.55 but stopped my 2H. spy still trying to clear.25
[09:55] {Les} IWM should be good for one more go at top
[09:55] {_epach} less than 5' to pending home sales preview
[09:55] {Les} blood gushing in 15 min time frame
[09:55] {Les} tza
01[09:56] {&Threei}  ok, let's wait numbers out
01[09:56] {&Threei}  meanwhile, relax for a min by looking at white on white: http://goo.gl/Mk61w
[09:57] {Les} brings out texture taking away colour
01[09:58] {&Threei}  that was the idea
[09:58] {jdetente} very nice Vad
01[09:59] {&Threei}  ty
01[09:59] {&Threei}  bad number
01[09:59] {&Threei}  *(US) APR PENDING HOME SALES M/M: 0.3% V 1.5%E; Y/Y: 13.9% V 12.8%E
01[10:00] {&Threei}  well... one bad, one good
[10:00] {_fish_49} short Tol?
[10:00] {_fish_49} oops  too late
01[10:00] {&Threei}  no
01[10:01] {&Threei}  don't trade on news alone
[10:01] {stevw} poss dt in CAT
[10:04] {_epach} & gdx?
01[10:06] {&Threei}  TZA got away
01[10:08] {&Threei} Long Setup:  CAT  .60 break hl
01[10:08] {&Threei}  If holds  .50
01[10:14] {&Threei}  half out
01[10:15] {&Threei}  stop to .57
[10:15] {_fish_49} out in full  thanks vad
[10:15] {jdetente} yeah pulled the plug. Thanks Vad
01[10:15] {&Threei}  yw
01[10:16] {&Threei}  stubborn seller at .69
01[10:17] {&Threei}  market doesn't know what to make of this number
01[10:18] {&Threei}  is m/m bad because of lack of demand or lack of inventory?
[10:18] {thomcbell} seems meaningless to me
[10:18] {thomcbell} not that i am thinking
01[10:19] {&Threei}  :)
[10:21] {RonS} most say lack of inventory...they retained a higher than normal employment during downturn and now refuse to add workers...acting like airlines, restricting capacity to maintain pricing power
[10:23] {Will49} boy...market really fell asleep
[10:23] {_fish_49} too early for lunch
[10:24] {Les} long tza
[10:24] {_fish_49} lol
[10:24] {Les} .02
[10:24] {Les} partial
[10:27] {Les} 2nd partial
[10:27] {Les} iwm potential .50 long
01[10:28] {&Threei} Short Setup: GDX  .60 break
[10:31] {Les} tza stopped on trail
01[10:32] {&Threei}  change GDX to .70 break
01[10:32] {&Threei}  If holds  .75
[10:32] {+cc_9} VMW major waterfall
[10:32] {nemo} cost looks long on a break above .30
01[10:34] {&Threei}  Starbucks Corp Teavana Recalls 445K Glass Tea Tumblers Due To Laceration and Burn Hazards- Hazard: The glass tea tumblers can break or shatter unexpectedly, posing laceration and burn hazards. Incidents/Injuries: Teavana has received approximately 302 reports of the glass breaking or shattering, including six reports of lacerations and burns when the tumblers broke during use. Injuries include cut fingers and legs and burned toes
[10:35] {nemo}   cost tartget .75ish
01[10:35] {&Threei}  anf their coffee is crap
[10:35] {Les} and now they get a big lawsuit to boot
[10:35] {RonS} it's tea...
[10:36] {_fish_49} u don't like starbucks coffee?
01[10:36] {&Threei}  not at all
[10:36] {_fish_49} same here
[10:36] {nemo} I hate starbucks
01[10:36] {&Threei}  burnt, shallow taste
[10:36] {_fish_49} Among my friends I'm the odd man out
[10:36] {Will49} too strong for me
[10:36] {nemo} no alcohol in their coffee
01[10:37] {&Threei}  then you don't want mine, Will :)
[10:37] {_epach} gdx 1:1
[10:37] {Will49} probably not
[10:37] {_epach} ty
01[10:37] {&Threei}  ese takes it intravenously
[10:37] {Will49} lol
01[10:37] {&Threei}  half out GDX
[10:37] {_epach} me too
[10:37] {_fish_49} all out
[10:37] {_fish_49} thanks vad
01[10:38] {&Threei}  :)
[10:39] {nemo} VMW within .10 of inflection point
[10:39] {+cc_9} VMW dumping nonstop for 1 hour so far
[10:39] {nemo} well .20 now
[10:41] {+cc_9} Scaling in here, pullback over-done
[10:42] {Les} damn vmw moves fast
[10:46] {RonS} bbry .40 break?
01[10:47] {&Threei}  not sure
[10:47] {ese} L kors .44
[10:47] {RonS} 33% float short...
[10:47] {nemo} 72 target vmw
[10:48] {+cc_9} stuck in the .40s need some mid .40 bids
[10:48] {ese} sorry not paying attention...taking what intravennously?
[10:49] {_fish_49} starbucks
[10:49] {Will49} the stuff you were selling at the loft
[10:49] {+cc_9} here we go nemo
[10:49] {_fish_49} yea  who set bail?
[10:50] {Will49} just kidding.....for the record, ese not involved with the loft
[10:50] {ese} ahhhhhhh......yes i do take coffee intravenously
[10:50] {nemo} Gruess Gott Herrn K
[10:50] {Les} tza ran straight past my .02 bid
[10:50] {~KSystems} morning my friends, and nemo :)
[10:50] {+cc_9} scaling out VMW here
[10:50] {+cc_9} all the way to .80s
[10:50] {nemo} I'd run away from you too Les
[10:51] {Les} scalp only. everything stalling
[10:51] {Will49} ese if the Vic PD suddenly appears at your door, call me
[10:51] {ese} lol
[10:52] {stevw} FCX looks long on a .45 break, no?
[10:53] {nemo} x looks good long here at .45
01[10:53] {&Threei}  ks :)
01[10:54] {&Threei}  hard to tell stev... not that much drive in the market to support this kind of breaks
[10:56] {stevw} i'm in to put my money where my mouth is, but i'll be very respectful of a .35 stop or even less if no quick price action
[10:56] {stevw} action like that, which lets's me now move my stop nicely up
[10:59] {ese} gotta go for a few minutes.........kids to school.....cya in abit
[10:59] {Will49} make sure your ankle bracelet is on
01[11:00] {&Threei}  lol
[11:00] {RonS} bbry 1:1
[11:01] {_epach} L gdx .85
[11:01] {_epach} ?
01[11:01] {&Threei}  well... yes
01[11:01] {&Threei}  lol
[11:01] {_epach} 1:!
[11:01] {_epach} 1:1
[11:01] {_epach} ty
[11:02] {Les} nice setup GDX
01[11:03] {&Threei} Short Setup: SLW  .30 break
01[11:03] {&Threei}  If holds  .35
01[11:04] {&Threei}  Invalidated
[11:06] {_epach} FB rebound
[11:06] {_epach} ?
[11:06] {_epach} sorry, i mean break
01[11:07] {&Threei}  no clear setup
[11:07] {dino} .
[11:07] {Will49} we know you're still there dino
[11:09] {dino} just got back, appt at 9:30, never saw me until 10:30.
[11:10] {_epach} FB 1:1
[11:10] {Will49} thought you were just trying to attract attention
[11:10] {dino} no, dr. appt
[11:10] {dino} miss much?
[11:11] {Will49} yeah...
[11:11] {Will49} great start for us newbies
[11:11] {jdetente} nice and smooth morning. all winners
[11:11] {Will49} you and cipher likely bored though
[11:11] {_epach} i wass too much agresive in fb, i was too much lucky
[11:12] {Will49} in fact cipher is mia
[11:12] {Will49} epach...you sound German :)
[11:12] {_epach} spanish
[11:13] {Will49} hola
[11:13] {_epach} hola, lol
01[11:13] {&Threei}  Europe is reprsented well today
[11:13] {Will49} one of my daughters is married to a Peruvian
01[11:13] {&Threei}  Spain, Germany, Switzerland
[11:13] {Will49} that's all the Spanish i know:)
[11:14] {Will49} Les isn't allowed to represent Switzerland, is he?
[11:14] {RonS} miss Fernando here...
[11:15] {_epach} Nice person Fern
[11:16] {Will49} so, who's in Germany?
[11:16] {_epach} sorry beause my english is not good enough
01[11:17] {&Threei}  KS
[11:17] {Will49} ahh
[11:17] {RonS} better than most in U.S....
[11:17] {Will49} ooops
[11:17] {Les} well you want me to represent canada will?
[11:17] {Will49} not on your like
[11:17] {Will49} life
[11:17] {_epach} FB break again
[11:18] {stevw} something of a h&s in LVS
[11:18] {_epach} it is very strong vs qqq
[11:18] {RonS} funny, on FB the response would be "not on you like"...
[11:18] {RonS} your
[11:18] {Will49} they didn't get you eh ese?
[11:19] {Will49} lol ron
[11:19] {_epach} no
[11:19] {_fish_49} did anyone let ese in on the joke?
[11:19] {Will49} he wouldn't get it anyway
[11:19] {nemo} thought he was the joke?
[11:19] {_epach} i am overtrading today, because i feel very confortable with you all
[11:19] {RonS} just thinking that Will...lol
[11:20] {Will49} epach needs a hug
[11:20] {nemo} you need professional help then
[11:20] {_epach} hug?
[11:20] {nemo} I was thinking choke hold
01[11:21] {&Threei}  with nemo around, don't get too comfortable epach... :)
[11:21] {_epach} rolfffff
[11:21] {nemo} thus epach Zarathurstra
[11:21] {nemo} oops
[11:22] {RonS} epaching heat?
[11:22] {Will49} epach=patch to keep you off the internet
01[11:23] {&Threei}  and these people made fun of my sense of humor?
[11:23] {nemo} what's your mother tongue epach?
[11:23] {Will49} skin patch
[11:23] {Will49} :( nobody gets it
[11:23] {_epach} My mother tongo is spanish, of course
[11:24] {nemo} of course we do, your sense of humor rates up there with Les
[11:24] {_epach} tongue
[11:24] {nemo} ahhh of course
01[11:24] {&Threei}  or, as little johnny said looking in the keyhole of a parents' bedroom door... "and these people forbid me to pick my nose?/"
[11:24] {_fish_49} lol
[11:24] {Will49} oh gawd, think i;ll slit my wrists
[11:24] {nemo} VMW below S3
[11:24] {_epach} lol
[11:24] {nemo} promisses Will
[11:24] {Will49} :)
[11:25] {nemo} VMW about to enter the black hole if it drops 70
[11:25] {nemo} you going long here 0 of 9?
[11:26] {Les} u insulting charles?
[11:27] {_epach} it doesn't sound clear, from my point of view
[11:28] {_epach} when spy go down, i will response you better, jejeje
[11:28] {nemo} 9 isn't charles
[11:29] {nemo} volume in vmw
[11:30] {nemo} indices bull flags
[11:30] {_epach} could be short as soon as spy comes back
[11:30] {_epach} ?
01[11:35] {&Threei} Long Setup:  MCD  .60 break hl
01[11:35] {&Threei}  If holds  .50
[11:36] {nemo} mmmm  VMW going out of business?
[11:38] {RonS} maybe thinking emc going to sell vmw interest to finance their $5 bil buyback?
[11:39] {thomcbell} long setup splk 45.08 break
[11:41] {thomcbell} got tiny splk fill
[11:41] {thomcbell} bidding 45.10
01[11:43] {&Threei}  MCF is valid again
01[11:43] {&Threei}  MCD
[11:43] {_fish_49} in
[11:43] {_epach} sounds very good
[11:46] {_fish_49} yikes
[11:46] {_fish_49} no Big mac for lunch today
01[11:46] {&Threei}  no go
[11:46] {jdetente} McFish sandwich instead
[11:46] {_fish_49} lol
01[11:46] {&Threei}  interactive maps to help you find Victoria's roaming food trucks
01[11:46] {&Threei}  people are THAT hungry??
[11:46] {nemo} vmw .80 level looks interesting long here
[11:47] {jdetente} Hipster Foodies are serious about their eats Vad
[11:47] {_fish_49} those trucks popular there  Vad?
01[11:48] {&Threei}  I didn't think so but apparently I am not in touch
[11:48] {Will49} they're fairly new Vad
[11:49] {Will49} gotta feed the homeless, you know
[11:49] {Will49} wouldn't want to force them to get off thier butts and go find food themselves
01[11:49] {&Threei}  http://www.timescolonist.com/food-truck-trend-pulls-into-victoria-1.307171
[11:50] {RonS} vmw 1ok offer at .94
[11:50] {RonS} 10k
[11:51] {RonS} taken
[11:51] {nemo} yeah, then it bolted
[11:52] {_epach} wow vmw
01[11:52] {&Threei}  MCD rinse
01[11:52] {&Threei}  dirty rotten scoundrel
[11:52] {nemo} Ya lo creo!
[11:53] {nemo} probably .80 first stop
[11:54] {stevw} i could be full of it, but .50 seemed liked an obvious counter move (rinse), so i stayed in (kept my stop at .45)
[11:54] {ese} out kors light .97 +.43
[11:54] {nemo} being "full of it" is a prerequisite for this room
[11:54] {nemo} except for Les
[11:54] {Will49} ese...wowzer
[11:54] {nemo} he's a vacuum
[11:54] {stevw} cool, i fit right in
[11:54] {ese} tks
[11:55] {nemo} I haven't reached a conclusion noob!
[11:55] {ese} 1k worth......nice work if you can get it
[11:55] {thomcbell} nice stop on splk jesus
[11:56] {stevw} am i the only one that LVS chart is making itchy?
[11:56] {Les} had a crack at vmw on paper
[11:56] {Les} was curious of cc9's scaling in
[11:56] {stevw} or maybe nemo gave me Lyme disease
[11:56] {nemo} great, now we get to hear about his toiletry habits
[11:56] {Les} but db works better for me
[11:56] {Les} 1st bottom .60
[11:56] {Will49} nemo lol
[11:56] {Les} 2nd .65
[11:57] {nemo} expecting fas to get to .50ish, and spy to test the highs
[11:58] {dino} tol sm l .15
[12:00] {_fish_49} {--- Needs food  be back later
[12:02] {stevw} half out of FCX at 2.5:1 (patience is a virtue they say)
[12:02] {Les} big vol iwm topping candle
[12:03] {dino} gj stev
[12:03] {stevw} ty
[12:04] {stevw} crap, gotta spend less time patting myself on the back and more time shorting LVS
[12:04] {Les} JPM top
[12:06] {thomcbell} splk long setup 44.58 break if holding 44.50
[12:08] {thomcbell} ok long small splk
[12:08] {thomcbell} 1:4 target
[12:11] {Les} JPM potential DT
[12:13] {stevw} vad, you're itching to short GDX again, aren't you
[12:14] {Les} JPM gaining momentum
[12:15] {stevw} all out of FCX after moving my stop to .60 - slow, but decent play
[12:15] {Les} gj
01[12:15] {&Threei}  well, not really
[12:16] {stevw} too sleepy - the volume that is?
01[12:16] {&Threei}  don't feel drive in the market
01[12:16] {&Threei}  too random
[12:16] {Les} JPM .70 breakdown?
[12:16] {Les} holding .76?
01[12:17] {&Threei}  ummm... no :)
[12:17] {Les} :S
[12:17] {Les} fas can't get a leg up
[12:18] {Les} c .45 short?
[12:18] {Les} holding .50?
01[12:18] {&Threei}  why not .50 long?
01[12:18] {&Threei}  feels much more natural for this chart
[12:19] {Les} k
[12:19] {stevw} ask me how i feel about being microseconds late with my .05 bid around 11:25
[12:20] {stevw} correction, 10:40 on first real break
[12:20] {RonS} nemo is the feelings expert...
[12:22] {RonS} btu drop on Icahn rumors denied...
[12:23] {Les} scalped jpm short gotta run
[12:27] {RonS} dino...suffering digit depression?
[12:28] {RonS} ...been kinda quiet...
[12:29] {thomcbell} splk 1:3
[12:30] {stevw} nice
[12:32] {stevw} TNA making a nice move
[12:35] {stevw} no follow-thru though; apparently all finger are on napkins, not keyboards
[12:35] {_epach} NTAP bd .84
[12:35] {thomcbell} out splk + 0.45
[12:36] {RonS} gj
01[12:36] {&Threei}  wtg
[12:37] {thomcbell} tu
[12:38] {dino} gjh
[12:38] {dino} gj
[12:39] {_epach} GDX triangle asc, b.o. .93?
01[12:39] {&Threei}  I doubt it
01[12:39] {&Threei}  too narrow and slow
[12:40] {_epach} ok
[12:42] {_epach} ty
[12:44] {stevw} this MCD trade is sitting in my stomach like a Big Mac
[12:45] {dino} i know that feeling
[12:47] {nemo} tck in bounce area
[12:49] {nemo} http://bit.ly/15f3nFn
[12:50] {nemo} kors interesting level coming
[12:50] {_fish_49} ur tough Nemo Tode
[12:50] {RonS} your dominatrix?
[12:50] {nemo} nah, everybody rides bitch with me
[12:51] {RonS} ooof
[12:54] {thomcbell} long setup kors 66 break
[12:54] {thomcbell} if holding 65.90 i suppose - pattern not ideal
[12:54] {nemo} yeah arguably, justtough time of day for it
[12:56] {stevw} les, C looks like it is becoming more interesting as a short perhaps
[12:56] {RonS} idxx acting like it wants $80 break today...
[12:58] {dino} was just looking at that
[12:59] {stevw} BBRY looking long; good on the monthly chart too, i think
[12:59] {stevw} i'm taking it as a swing trade
[13:00] {dino} sm l .75
[13:00] {thomcbell} kors nope
[13:00] {dino} idxx
[13:06] {dino} out idxx .15, +.40, ty ron
[13:07] {stevw} taking the tums on that MCD trade
[13:07] {RonS} np
01[13:08] {&Threei}  you serious stev?
[13:08] {stevw} yeah - dumb?
01[13:09] {&Threei}  I just don't know why you'd remember it for than 30 seconds after it was over
01[13:09] {&Threei}  for more than
[13:09] {Les} short C
[13:09] {stevw} i stuck in til now
[13:09] {Les} give it a try for .05 of risk
01[13:10] {&Threei}  this starts looking like one night stand turning into "till death do us part" :)
[13:11] {_fish_49} Stevw  do ou mean you were traing in and out of the range?
[13:12] {dino} stevw, as jesses livermore said, "a loss never bothers me after i take it"
[13:12] {stevw} no, i didn't maintain the .50 stop, i tolerated to .45 initially, then sold just now at .47
[13:12] {_fish_49} ahhhh
[13:12] {nemo} pheww...had to go get some vodka
[13:13] {nemo} well tck behaved as expected, but look at that chart jump
[13:13] {dino} lol nemo, but i can relate, had to hit the state storelast saturday
[13:13] {stevw} i was trying to not get shaken out by a rinse, but wound up sitting with indigestion for hours
[13:13] {jdetente} didn't it hit 1:1 at some point?
[13:14] {jdetente} I stopped watching it
[13:14] {stevw} which one jd?
[13:14] {nemo} so my 80 year old father with bad lungs who likes to garden:  I tell him last night, get up early and get out there before the heat...whaddya' think he does?
[13:15] {_fish_49} I hope not
[13:15] {RonS} shoots bunny?
[13:15] {_fish_49} Air Quality alert most of north east
[13:15] {nemo} well, that's another story, he and bunny are not on the best of terms
[13:15] {nemo} she's decided under his bed is her hutch
[13:15] {stevw} switching off the MCD chart now - it's just annoying, not helpful
[13:16] {nemo} pretty funny watching an 80 year old man holding an oxygen bottle trying to shake a rabbit off his leg
[13:16] {ese} taken my 400.00 bucks and callin it a day cya tomorrow
[13:16] {nemo} anyway, he heads out to the garden about 11:30 sheesh
[13:16] {_epach} take care and thanks Vad and company. see you.
[13:17] {RonS} stev:  T-shirt material...I've been MACD 'ed...
[13:17] {stevw} some sort of puke graphic on it?
01[13:17] {&Threei}  take care epach
01[13:18] {&Threei}  that's right thing to do stev
01[13:18] {&Threei}  no treade worth aggravation
01[13:18] {&Threei}  they are like buses, come and go
[13:18] {stevw} exactly
01[13:18] {&Threei}  the only thing that matters os whether you handled it right
01[13:18] {&Threei}  if not, make it a lesson
01[13:19] {&Threei}  remember it and use it next time
[13:19] {_fish_49} don't look MCD now  Stew
[13:19] {nemo} more like women
01[13:19] {&Threei}  if you did everything right, and still it didn't wrk - so what, that's what "market is uncertain environment" means
[13:19] {nemo} like women
01[13:19] {&Threei}  not every trade will work
[13:19] {stevw} i had several opportunities for minor loss or minor gain, and ultimately took a digestible loss - i'm ok with the decisions
[13:21] {stevw} i'm 3 really good trades vs 2 moderately bad ones today so far, so that's ok
[13:21] {Les} c stopped -.05
[13:22] {Les} risks exploding to upside here
[13:22] {stevw} yeah les, i'd be concerned about the upside at this point
[13:22] {nemo} with Les, there is no upside
[13:23] {Les} hehehe
[13:23] {Les} not that you'll ever find it with that disposition
[13:23] {nemo} even if I had an electron microscope
[13:23] {stevw} i know i keep flip-flopping on C, but it now looks like there's been a couple hours of accumulation
[13:24] {jdetente} alright guys. Have an appointment. See you all tomorrow...
[13:24] {Les} cheers jd
[13:24] {nemo} obgyn?
[13:24] {jdetente} lol
[13:24] {jdetente} classic nemo
[13:24] {_fish_49} Good Day JD
[13:24] {Will49} bye jd
[13:24] {nemo} btw...rht 47.70 reshort territory
01[13:24] {&Threei}  take care jd
[13:25] {Les} looking at WFC JPM FAS
[13:25] {Les} chances are .50 is the top for C
[13:26] {Les} but will wait for some weakness to creep in
[13:26] {nemo} The great state of MA, becoming a scandal here:  http://bit.ly/1157dMn
[13:27] {Les} dept. terrorist assistance?
[13:27] {Les} what is that?
[13:28] {nemo} He's a columnist, it's actually Department of Transitional Assistance=Welfare
[13:28] {_fish_49} Obama Assistance
[13:28] {nemo} It's state level
[13:29] {Les} k
[13:29] {_fish_49} Who is your governor?
[13:29] {_fish_49} Dem?
[13:29] {Les} FAS dropping
[13:29] {nemo} we just found out, they send out these cash cards to about 1000 dead people every month.  People use them in Florida, California, the Caribbean
[13:29] {nemo} Deval Patrick, Obamabuddy
[13:29] {Les} sorry wrong chart.
[13:30] {nemo} used to work with Jessie Jackson
[13:30] {nemo} race lawyer by trade
[13:30] {Will49} yikes nemo....that's terrible
[13:30] {nemo} That's Massachusetts
[13:30] {Will49} the fraud
[13:30] {nemo} Democrats are trying to sweep it under the rug
[13:31] {_fish_49} right next to the IRS scandal
[13:32] {nemo} Tocqueville and bureaucracy
[13:32] {Will49} is any leader anywhere ever going to stand up and publically call bullshit?
[13:32] {nemo} See where the head of the IRS has visited over 100 times during the Obama presidency, only once in 8 years of George Bush
[13:33] {nemo} Of course not Will
[13:33] {Will49} man, am i ever naive
01[13:35] {&Threei}  of all the scandals of late, IRS thing hits the home the closest for me
[13:35] {Will49} IRS=KGB
01[13:35] {&Threei}  absolute copy of the methods of slaughtering your political opponents or business competitors on xUSSR
01[13:36] {&Threei}  thing that I thought I'd never see again
01[13:36] {&Threei}  SLW
[13:36] {nemo} they are arguably the most powerful bureaucracy
01[13:36] {&Threei}  wtf
[13:36] {Les} wow
01[13:36] {&Threei}  oh
[13:36] {nemo} KORS again
01[13:36] {&Threei}  ABX news
01[13:37] {&Threei}  Barrick Gold Corp Chile Govt official indicates that a restart of the Pascua-Lama project could potential require 1-2 years - financial press- Reminder: on 5/24 SLW and ABX confirmed reviewing a resolution that it has received on the Pascua-Lama project by Chile's Superintendent of the Environment (Superintendencia del Medio Ambiente or "SMA"). The SMA required Barrick to complete Pascua-Lama's water management system in accordance with the project's environmental permit before resuming construction activities in Chile and has levied a $16 million fine against Barrick
[13:37] {stevw} GDX copying SLW, but GLD stable
[13:38] {nemo} ABX is a one off
01[13:39] {&Threei}  maybe because I almost found myself once on a receiving end of this method of competition, and can identify
[13:40] {_fish_49} glad ur still here  Vad
[13:40] {_fish_49} lol
01[13:40] {&Threei}  me too
[13:40] {_fish_49} The IRS thing makes my blood boil
[13:40] {_fish_49} who the F  gave them that kind of power?
01[13:41] {&Threei}  you don't want to have 6th department of KGB on your a$$, especially when they simply follow the order "sunk that guy"
[13:41] {_fish_49} what bothers me most is that you only see coverage on FOX news  The liberals  seem to be ok with it
[13:41] {_fish_49} yea  u never know what their sinking about
[13:41] {nemo} because they're hunting conservatives
[13:42] {nemo} liberals are big government, IRS enforces big government, kinda' aligned, wouldn't you say
[13:42] {Will49} i would
[13:45] {nemo} the nature of power is to grow and centralize
[13:45] {Les} sm long tza
[13:45] {Les} .81 holding .75
[13:45] {Les} potential spy triple top?
01[13:46] {&Threei}  how do you tell that from breakout?
[13:46] {Les} 3 min chart
01[13:46] {&Threei}  ?
[13:47] {nemo} don't think we're quite there yet Les
[13:47] {nemo} but I can see your point
[13:47] {nemo} Gawd I hate saying that
[13:47] {_fish_49} Nemo does have a soft side
[13:48] {Les} stop flat. agreed not quite there
[13:48] {Les} 99 the IWM magnet
[13:49] {_fish_49} Les when u were suggesting triple top  were you looking at a 60 minute chart?  what interval?
[13:50] {nemo} 3 minute
01[13:50] {&Threei}  OK, I don't get it... enlighten me please
01[13:50] {&Threei}  you are talking about potential... so, is it potential 3-top or potential break?
01[13:50] {&Threei}  how dfo you tell, when volume is not there for either
[13:51] {nemo} he's looking for it short
[13:51] {nemo} I think it is setting up here, but you could play it to the bottom of the channel
[13:51] {nemo} Having said that, it has been a grind up day, so you would have to see some volume come in to make me think we might be topping for the day
[13:52] {nemo} I see average volume
[13:52] {nemo} We must remember, Les likes to fight trends
01[13:52] {&Threei}  I see innoncent pixels murdered mercilessly
[13:52] {nemo} nobody is innocent Vad
[13:53] {nemo} That's why we're here
01[13:53] {&Threei}  no?
01[13:53] {&Threei}  ok...
01[13:53] {&Threei}  {--- feeling better about stomping on flowers, making scary faces at babies and other unseemly deeds
[13:54] {nemo} SPY likely going to .58
[13:58] {nemo} now les
[13:59] {stevw} C and MCD are winning a popular contest of mildest ride this afternoon
[13:59] {Les} nah trend line holds on IWM
[13:59] {nemo} yeah, guess I'll stick with .58
01[13:59] {&Threei}  LOL: Stalking is when two people go for a long romantic walk together, but only one of them knows about it.
[13:59] {Les} hehehe
[13:59] {Will49} lol
[13:59] {Les} that is so un-pc
[14:00] {nemo} LUV IT!!!
01[14:00] {&Threei}  reminds me another faborite of mine:
[14:00] {nemo} Can't rape the willing?
01[14:00] {&Threei}  When I bring you coffee to bed, all I expect is a simply Thank you, not all this "how did you get in my house" business
[14:01] {stevw} lol
[14:01] {Will49} hahaha
[14:01] {Les} lol
[14:01] {_fish_49} lol
[14:01] {_fish_49} lol
[14:01] {stevw} what do you call it when you take someone on a romantic car ride, but only one of them knows about it?
[14:01] {Will49} kidnapping?
[14:01] {_fish_49} crazy?
[14:02] {nemo} Shall we start with the Sheriff Bubba jokes?
[14:02] {stevw} i don't have a punchline, i was hoping vad had more depth to his joke collection
01[14:02] {&Threei}  or Burma Shave
01[14:02] {&Threei}  here comes SPY breakout
01[14:02] {&Threei}  for you trend fighters
[14:03] {Will49} you Hamilton guys stev!
[14:03] {stevw} halfway to smart
[14:03] {Will49} that's why i moved out....Hamilton was bereft of punchlines:)
[14:03] {Les} hmmm .50 spy top?
01[14:03] {&Threei}  lol will
[14:03] {stevw} others would say it is a punchline
01[14:03] {&Threei}  Les... come on
01[14:04] {&Threei}  what's wiht guessing
[14:04] {Les} not guessing, waiting for trendline break
[14:04] {nemo} if you believe in the Bell Curve 84% of the people have average or less intelligence...I'd say there is widespread evidence to support it
[14:04] {Will49} hey dp....les is really risking the boss's ire isnt he?
[14:04] {nemo} SPY new high
01[14:06] {&Threei}  don't throw these arbitrary numbers as possible top... think in terms of setup forming:
[14:06] {nemo} ok short signal
[14:06] {_fish_49} .74 and it will reverse
[14:06] {nemo} just not sure how far it goes
[14:06] {_fish_49} lol
01[14:06] {&Threei}  .50 touched, pullback, bounce,
[14:06] {Les} very nice
01[14:06] {&Threei}  now if it doesn't break .50, turns back down and breaks low of the pullback - we have short setup
01[14:07] {&Threei}  if it just drops with no setup, there iks no trade to be had
[14:07] {Les} agreed
01[14:07] {&Threei}  not every move can be read and traded
[14:07] {stevw} inverse c&h on LVS
01[14:07] {&Threei}  some come with no discernable setup
[14:08] {stevw} double inverse c&h actually - a big one and a small one
[14:08] {nemo} fas should bounce .50 spy at .30 and iwm at .80, then we'll find out if it's real
[14:09] {nemo} if these levels drop, we probably go to vwaps
[14:10] {Will49} so, if it doesn't go up it goes down and if doesn't go down it goes sideways...I get it now
[14:11] {nemo} I'll leave that setup alone
[14:11] {nemo} wow, taking every ounce of restraint I have
[14:12] {Will49} why, les hasn't said a word for a while
[14:12] {nemo} these levels drop, iwm to .72ish spy to test 166ish and FAS to test 70ish area
[14:12] {Les} testing 1 2 3 for Will
[14:12] {Will49} present!
[14:12] {RonS} Les eating dinner, goofing w/ kids or gone to bed...
[14:13] {Will49} down on his hands and knees looking for meds
[14:13] {_fish_49} lol  WIll
[14:14] {_fish_49} sorry Less Will made me do it
[14:14] {Will49} there you go again fish
[14:14] {Les} Less Will is better
[14:14] {nemo} mmmhhh, almost long off these levels
[14:14] {Les} looking for a retest
[14:15] {Will49} retest this!
[14:15] {_fish_49} are we still talking about spy?
[14:15] {nemo} spy iwm and fas
[14:15] {nemo} remember how Les said I was so boring because I watch them all day?
[14:16] {_fish_49} I agree with Les on this one
[14:16] {Les} you are boring nemo
[14:16] {nemo} that's why I said this level was important
[14:16] {Les} no need for excuses
[14:17] {nemo} gonna' be funny if I get over there and dance with you in your pretty pajamas
[14:17] {Les} :)
[14:17] {_fish_49} call me crazy but if u see one  u see all 3
[14:17] {nemo} not quite fish
[14:17] {stevw} c&h in SLW
[14:17] {nemo} SPY and FAS have been tied to the hip of late, but IWM is a bit different
[14:18] {_fish_49} IWM lagging the other two?
[14:18] {nemo} eh, it just behaves a little diferently
[14:20] {Les} let it be struck on the record that someone in the room agrees with me
[14:20] {nemo} they will regret that
[14:25] {Les} guess the Germans won the war after all
[14:25] {Les} http://www.spiegel.de/fotostrecke/photo-gallery-crystal-meth-s-german-roots-fotostrecke-97108.html
[14:25] {Les} gave the world crystal meth
[14:26] {nemo} and LSD
[14:26] {Les} as a war wonder pill
[14:28] {Les} big cup and handle spy .45
[14:29] {_fish_49} where is the handle?
[14:29] {Les} pull out to 3 min
[14:29] {Les} easier to see
[14:29] {Les} whether its got any legs...?
[14:29] {_fish_49} I see on a 3 min  but don't see the handle  seen the breakout and now pulling back to test
[14:30] {Les} could've taken an aggressive long on this pullback from .50
[14:30] {Les} that leads into the handles
[14:30] {_fish_49} correct
[14:31] {Les} iwm 99
[14:31] {dino} tol to .45, all afternooner
[14:31] {nemo} so far this looks like the top
[14:32] {dino} slow afternoon
[14:32] {dino} out tol, +.30
[14:33] {Les} gj remember your entry .15
[14:33] {Les} didn't see anything in it
[14:33] {Les} trend is clearer now
[14:33] {Les} guess that's why you're out +.30 and I'm gasbagging
[14:34] {dino} ty
[14:35] {Will49} the accused finally admits to gasbagging
[14:35] {Les} I got the legal version of that german meth
[14:35] {Les} long tza
[14:36] {Les} .77
[14:36] {Will49} gasbagging=more than ten entire per minute on the board
[14:36] {Will49} entires
[14:36] {Will49} entries
[14:36] {Will49} shheeesh
[14:36] {Les} you're doing pretty well yourself will
[14:36] {nemo} o.k important level for FAS here
[14:37] {Will49} yeah, trying to stay in the top ten
01[14:37] {&Threei}  .77?
01[14:37] {&Threei}  what kind of setup is that?
[14:37] {nemo} Crystal Meth setup
[14:38] {Les} hehehe
[14:38] {Les} break of .75
[14:38] {Les} holding .65
01[14:38] {&Threei}  ?
01[14:38] {&Threei}  those are numbers
01[14:38] {&Threei}  what is the setup?
[14:38] {dino} have to leave early. thx all. 2/2 not bad for few hours work
01[14:38] {&Threei}  take care dino, gj
[14:38] {Will49} peace dino
[14:38] {_fish_49} shhheeez  Les  Read vads  site
[14:39] {dino} thx
[14:39] {_fish_49} I just had to
[14:43] {Les} cup and handle 99 long
[14:59] {_fish_49} C fell out of the bed
01[14:59] {&Threei}  LOL: There is nothing like sitting naked in a beanbag chair eating Cheetos. Too bad they don't let me back in Walmart
[14:59] {Will49} lol
[15:00] {_fish_49} I will never eat Cheetos nakid  again.  I had nothing to wipe the orange stuff off my hands with
[15:01] {stevw} frickin LVS rinsed me
[15:03] {Will49} nice image fish :)
01[15:11] {&Threei} Long Setup:  TZA  .65 break
[15:14] {Alexs} triggered?
[15:15] {Alexs} stop?
01[15:16] {&Threei}  .55
[15:16] {Alexs} k
[15:20] {RonS} kick that thang...
[15:21] {nemo} watch out for the 3:30 buy program
01[15:21] {&Threei}  {Thang} 'scuse me?
[15:23] {_fish_49} im out here  thanks vad
01[15:23] {&Threei}  yw
01[15:23] {&Threei}  1:1
[15:24] {Les} ty sir half out
01[15:24] {&Threei}  so now I have to ask
[15:24] {Les} don't
01[15:24] {&Threei}  why "3:30 buy program" and not sell one?
[15:24] {Les} good, grill Nemo
01[15:24] {&Threei}  happily
[15:25] {Les} in the words of a gold bull, "leave me alone"
01[15:25] {&Threei}  rofl
01[15:25] {&Threei}  that was funny, wasn't it
[15:25] {Les} and my poor setups and doubling up on the drops
01[15:25] {&Threei}  how pathetic is that, to start a fight and then say "leave me alone"
[15:25] {Les} one day I'll obey the setups
[15:26] {nemo} no, just looking at the day which would be more aggravating....buy program
01[15:26] {&Threei}  doubling in? DOUBLE YIKES
[15:26] {Les} well no
[15:26] {Les} I ain't that dumb anymore
06[15:26] * &Threei is looking at will and nemo expectantly
[15:26] {nemo} can't fix stupid
01[15:26] {&Threei}  there
[15:26] {Les} box of chocolate sort o thing
[15:26] {Will49} beat me to it
[15:29] {Les} another quarter .83
[15:29] {Will49} out 1:2 tks Vad
[15:29] {Les} all out ty gotta run
01[15:29] {&Threei}  yw
[15:30] {Will49} see ya Les
[15:31] {_fish_49} good night Les
[15:31] {Will49} sleep tight :)
[15:32] {Les} yeh ciao a domani
[15:34] {Will49} that's it for me...great day Vad :)
01[15:37] {&Threei}  :)
[15:40] {stevw} out my last third of TZA, thanks vad!
01[15:41] {&Threei}  yw
01[15:41] {&Threei}  Ok guys, let's call it a day
01[15:41] {&Threei}  thank you all
01[15:41] {&Threei}  have a great evening
01[15:41] {&Threei}  see you tomorrow
[15:41] {stevw} you too, ttfn
[15:41] {Alexs} ty great day Vad
01[15:41] {&Threei}  :)
[15:44] {_fish_49} thanks vad
[15:44] {_fish_49} good night
01[15:44] {&Threei}  you too