Tuesday, June 11, 2013

June 11 2013

Positive day but so slow, it felt like great effort was needed to wake up and push entry button. Jokes about heavily sedated one-legged snail in molasses reigned. 

Session Time: Tue Jun 11 00:00:00 2013
[08:46] {+cc_9} GM folks
[08:46] {nemo} oops, somebody fat fingered lulu
[09:01] {stevw} ceo or cfo - somebody big - stepping down from lulu
01[09:01] {&Threei}  good morning
01[09:02] {&Threei}  hmmm... he found out contractual obligation to wear LULU pants in the office?
[09:02] {stevw} she - but i can't speak for how she looked in them
[09:12] {dptl} gm
01[09:12] {&Threei}  dp :)
[09:13] {cipher} gm
01[09:13] {&Threei}  cipher :)
[09:13] {Will49} gm
01[09:13] {&Threei}  will :)
[09:18] {Alexs} gm
01[09:18] {&Threei}  alex :)
[09:18] {jdetente} mornin' fellas
01[09:19] {&Threei}  jd :)
[09:19] {backman} gm
[09:19] {RonS} mornin' ladies
[09:20] {Will49} woke up on the wrong side this morning Ron?
01[09:21] {&Threei}  bman, ron :)
[09:29] {nemo} BREAKING NEWS OUT OF GEORGIA: CONFIRMED EXPLOSION REPORTED AT ATLANTA AIRPORT. AIRPORT BEING EVACUATED. EMERGENCY PERSONNEL
01[09:30] {&Threei} Short Setup: GDX  .35 break
01[09:30] {&Threei}  If holds  .42
01[09:32] {&Threei}  nope
01[09:34] {&Threei} Short Setup: JPM  .30 break
01[09:34] {&Threei}  If holds  .40
[09:35] {jdetente} Nemo, is that from the AP?
[09:35] {ese} morning forgot to sign in
[09:35] {nemo} was on my twitter feed
01[09:35] {&Threei}  ese :)
01[09:35] {&Threei}  in my newsfeed also
[09:36] {jdetente} I haven't seen it anywhere...weird
01[09:36] {&Threei}  9:21:04 AMvar insert_time = new Date("06/11/2013 09:21:04 AM"); if (GetConvertTime()) insert_time = ServerTimeToLocal(insert_time); $("#divStoryInsertTime").text(insert_time.toLocaleDateString() + " " + insert_time.toLocaleTimeString()); (US) Hearing local press reports regarding an explosion in a maintenance shed at Atlanta's Hartsfield-Jackson Airport; area is being evacuated- Reports indicate no fire and no smoke following explosion in a maintenance shed at Atlanta Airport's Concourse D.
01[09:37] {&Threei}  oops
[09:38] {+cc_9} Monster start of the day :D }} http://img59.imageshack.us/img59/5627/qcorshortentry.jpg
01[09:38] {&Threei}  1:1
[09:39] {ese} back in IRM .48
[09:39] {ese} L
[09:40] {ese} got stopped out yesterday
01[09:41] {&Threei}  watching TZA for reversal
01[09:43] {&Threei}  32 break feels like trap, waiting
01[09:45] {&Threei}  ditto for .90
[09:49] {jdetente} "feeeeelings, nothing more than feelings"
01[09:50] {&Threei} Long Setup:  TZA  .80 break
01[09:50] {&Threei}  If holds  .70
01[09:50] {&Threei}  still no
[09:52] {dino} lulu sm l .75
[09:53] {dino} wage sm l .75
01[09:53] {&Threei} Short Setup: IWM  .60 break
[09:53] {dino} tlk sm l .31
01[09:53] {&Threei}  If holds  .70
01[09:54] {&Threei}  changer to .65 break
01[09:55] {&Threei}  If holds  .75
01[09:56] {&Threei}  stop to .71
[09:56] {nemo} finnies come in a little should be good to at least .40
01[09:56] {&Threei}  1:1
[09:58] {+cc_9} CTSH reversing
[09:59] {ese} 1/2 IRM ya blighter ya!!! .72 +.24
01[09:59] {&Threei}  *(US) APR WHOLESALE INVENTORIES M/M: 0.5% V 0.2%E; WHOLESALE SALES M/M: 0.2% V -0.1%E
[10:00] {ese} hmmmmm things still kinda improvin
[10:00] {nemo} month over month not good
[10:01] {ese} slow recovery is good......makes things stronger over the long term
[10:01] {nemo} inventories increasing can be bad, means they're not selling
[10:01] {ese} can't disagree with that fact
[10:01] {nemo} potentially means they overestimated demand
[10:02] {ese} the fools!!!!! how could they do that
01[10:02] {&Threei} Short Setup: LVS  56 break hl
01[10:03] {&Threei}  If holds  .10
01[10:05] {&Threei}  1:1
[10:05] {ese} dramatic last statement don't you think.........................gives me a sense of importance......I like that
[10:05] {nemo} oy boy
01[10:05] {&Threei}  was very nice of it to come back and pick us up
[10:05] {ese} lol
[10:06] {jdetente} another day of the scalp?
01[10:06] {&Threei}  will anything be good formore than a scalp?
[10:08] {jdetente} TZA rinsed us too...grrr.
01[10:08] {&Threei}  SoMG
[10:08] {jdetente} that needs to go in the glossary. hehe
[10:11] {dino} adding lulu july calls
[10:15] {dino} out wage .79, +1.04
[10:16] {Will49} hooray!
[10:16] {ese} If IRM gets by 29.20 ....skys the limit me thinks....or at least until 34.00
[10:16] {dino} lucky
[10:16] {ese} whoa.....nice one dino
[10:16] {nemo} thought it was quiet...guess who's not here?
[10:16] {Will49} always the optimist ese
01[10:16] {&Threei} Long Setup:  CAT  .45 break hl
[10:17] {ese} I do believe skill is the optimal word here dino
01[10:17] {&Threei}  If holds  .35
[10:17] {ese} always will always................ya don't get out of this world alive anyhow so ya might as well be positive about it
[10:17] {Will49} bet you voted liberal
[10:18] {Will49} :)
[10:18] {ese} I might have ......WHY?
[10:18] {Will49} taking a survey
[10:18] {jdetente} gathering intel Will??
01[10:18] {&Threei}  well, it seems to come handy at some point jd :)
[10:19] {ese} ya sure..........i've heard that i'm taking a survey comment before....who do ya think yer foolin
[10:19] {nemo} he votes liberal by default
[10:19] {Will49} wnna know who my friends are:)
[10:19] {Will49} wanna
[10:19] {ese} lol
01[10:19] {&Threei}  when have a min, read this: http://kottke.org/13/06/you-commit-three-felonies-a-day
[10:20] {nemo} Congress commits that many by getting out of bed
01[10:22] {&Threei}  1:1
[10:23] {robbers} Out CAT, thanks.
[10:24] {Will49} me too...two in a row..yippeeeeee
01[10:24] {&Threei}  call me stubborn... but I still hope for more
[10:24] {ese} thats an interesting argument......
[10:24] {Will49} hope springs eternal
[10:25] {Will49} don't sound like a liberal Vad :)
[10:25] {jdetente} I took out 3/4 at 1:1 this time...but hoping for more
[10:25] {ese} what say ye all friends south of the border?
[10:25] {Will49} oh oh say can you see?
[10:25] {nemo} invade Canada
[10:26] {ese} nice....i'll put the tea on
[10:26] {Will49} get our dirty oil before the Chineses do
[10:26] {nemo} you're an expat, you die first
[10:26] {dino} buy the dips
[10:26] {ese} rotflol
[10:26] {dino} c sm l .00
[10:26] {ese} damn.....don't do that nemo.....I almost spit my coffee out
01[10:27] {&Threei}  1:2... can't believe it
[10:27] {jdetente} woot woot
01[10:27] {&Threei}  now, someone here called me a lioberal while I was preoccupied?
[10:27] {nemo} wow
[10:28] {dino} out eqix ave .14, +.99
[10:28] {+cc_9} C starter long position on 49.80 test
01[10:28] {&Threei}  are we going for 1:3 or what
[10:28] {Will49} was on a tour of Hanford Nuclear installation several years ago. veryone but me had a blue nametag. I had a yellow tag. I ask why and tour guide said, you're a Canadian, we shoot you first
[10:28] {jdetente} I'm out CAT, thanks Vad
01[10:28] {&Threei}  yw
[10:29] {ese} lol
[10:29] {jdetente} nice one Will
[10:29] {Will49} :)
01[10:29] {&Threei}  yessss
[10:29] {ese} with friends like that........?
[10:29] {jdetente} there's yer 1:3
01[10:29] {&Threei}  1:3 baby
01[10:29] {&Threei}  out
[10:29] {jdetente} day getting brighter...sun shining and all that rot
[10:30] {jdetente} :)
[10:30] {ese} nice one vad.............at lteast someone is playing the mrkt
01[10:30] {&Threei}  wow... 1:4
[10:30] {robbers} CAT in the hat comes back.
[10:30] {dino} ese, you miss eqix?
01[10:30] {&Threei}  that was 3 in the row
[10:31] {ese} yes..........jus riding my 3/4 lot of IRM here
[10:31] {dino} took .99 out of it
[10:31] {+cc_9} C so far so good, tgt 50.37
[10:31] {ese} nice
[10:32] {ese} you can pay for golf when i get down there one day
[10:32] {dino} some day
[10:33] {Will49} good name for a reality trader
[10:33] {+cc_9} CTSH 64.20s slow and steady
[10:33] {dino} tol sm l .40
[10:33] {ese} Harbour Town and Kiawa Island on the bucket list
01[10:40] {&Threei}  guess who is on TV
[10:40] {nemo} P
[10:41] {nemo} Les?
01[10:41] {&Threei}  not P
[10:41] {nemo} P looks short
[10:41] {nemo} Barry Soetero?
[10:41] {Will49} lol
[10:41] {ese} huh ? whos that?
[10:41] {nemo} Name Obama used to go by
[10:42] {nemo} musicians
[10:42] {ese} your kidding
[10:42] {+cc_9} C so far so good
[10:42] {nemo} no...that was his stepfather's last name
[10:42] {robbers} Vad's on TV, new show: "Trading With The Stars".
[10:42] {ese} rotflol
[10:42] {nemo} P looks short below .50
[10:42] {ese} awesome
[10:42] {Will49} +1 robbers
[10:42] {nemo} we
[10:43] {nemo} re gpmma gp greem
[10:43] {nemo} we're gonna' go green
[10:43] {ese} yup
[10:43] {nemo} ese's a Red
[10:43] {ese} ouch man
[10:43] {ese} what'd i ever do
[10:44] {Will49} voted lib
[10:44] {nemo} you were born
[10:44] {ese} other than support you when the whole rest of the board is against you
[10:44] {Will49} cruel
01[10:44] {&Threei}  ese... you misread nemo
[10:45] {ese} ahhhhh wiat a minute.....thats me leading the board against you............forget what i just said
01[10:45] {&Threei}  when the whole board is against him, all he needs is congratulations, not support
[10:45] {nemo} ;-)
[10:45] {ese} lol
01[10:45] {&Threei}  it's when everyone hugs him...
[10:45] {nemo} drives me apeshit
[10:45] {ese} eeeeekkkkkk!
[10:47] {nemo} sheesh IWM leading SPY both in upward channel, but finnies weak
[10:47] {nemo} they look like they're coming in
01[10:48] {&Threei}  watching IWM for pullback entry
[10:52] {nemo} that was fun...internet hiccup
[10:52] {robbers} Are you sure it wasn't a fart?
[10:52] {stevw} don't you love the adrenalin rush?!
[10:53] {nemo} not at my age
[10:53] {Will49} nemo needs more blood flow in certain places at his age
[10:53] {nemo} and more alcohol flow in others
[10:57] {jdetente} dangit...tried to short a small position of UVXY at 65.80. NO shares available.
[10:57] {jdetente} missed a buck on that short
01[10:57] {&Threei}  crap, missed IWM
01[10:57] {&Threei}  98 was it
[10:58] {Will49} turn off dancing with the stars and pay attention Vad :)
01[10:58] {&Threei}  lol
01[11:02] {&Threei} Short Setup: IWM  98 break hl
01[11:06] {&Threei}  still valid
[11:07] {dino} gnmk sm l .99
[11:09] {RonS} Leerink negative on Genmark Diagnostics $GNMK
[11:10] {+cc_9} CTSH :D
[11:10] {+cc_9} needs to crack that .40 bid
[11:11] {backman} IWM still good, yes?
01[11:12] {&Threei}  yeah
[11:14] {dino} gnmk stop .69 -.30
01[11:14] {&Threei}  not anymore
[11:14] {jdetente} going green
[11:15] {dino} gnmk sm l .00
[11:15] {+cc_9} CTSH here we go now
[11:19] {backman} odd that JPM is stronger than C
[11:19] {dino} out gnmk .49, +.49
[11:19] {nemo} spy barely trading
[11:20] {dino} reload .03
[11:21] {Will49} dino=gunslinger
[11:21] {Will49} .38 is a spread dino, not a gun
[11:22] {robbers} LOL.
[11:22] {RonS} dino= sniper in an Abrams tank
[11:22] {Will49} yes
[11:24] {dino} stop .70 -.33
[11:25] {dino} vips spike
[11:25] {Will49} left a hatch open
[11:25] {dino} gnmk sm l .40
[11:26] {+cc_9} C / CTSH : 2/2 both running in tandem
[11:26] {dino} stop .10, -.30
[11:28] {+cc_9} not sure if I said this ticker today yet, but here it goes : CTSH
[11:28] {dino} last try sm l .69 gnmk
[11:29] {dino} out c .44, +.44
[11:29] {+cc_9} nice dino
[11:29] {Will49} balls of steel
[11:30] {Will49} will=jealous
01[11:30] {&Threei} Short Setup: GDX  .35 break
[11:31] {+cc_9} CTSH .60s killed it
[11:31] {jdetente} and there's the green on the DOW
01[11:31] {&Threei}  change GDX to .40 break
01[11:32] {&Threei}  If holds  .45
[11:33] {nemo} ctsh headed to 65 area
[11:34] {dino} gnmk stop .29 -.40
[11:35] {dino} sm l .04
[11:37] {dino} that thing is messed up
[11:38] {RonS} whodathunk the Leerink stink is real...
[11:50] {jdetente} if GDX rinses I am going to be displeased...
[11:58] {Alexs} are you still in GDX Vad?
01[11:59] {&Threei}  no
[11:59] {Alexs} make sense .35 entry?
01[12:02] {&Threei}  it dies, chart wise...
01[12:02] {&Threei}  does
01[12:03] {&Threei}  just hard to tell at this time
[12:03] {Alexs} yeah looks very slow
[12:14] {+cc_9} Trailing CTSH, not a single pullback yet
[12:14] {+cc_9} 15min chart is just juice
[12:15] {Alexs} IWM short .30?
01[12:16] {&Threei}  same Alex
01[12:16] {&Threei}  right chart
01[12:16] {&Threei}  the rest, I am not sure
[12:16] {Alexs} lol
03[12:18] * Retrieving #discussions modes...
[12:20] {backman} ss JPM .85
[12:23] {+cc_8} jeff g in the house
01[12:23] {&Threei}  IWM works
01[12:23] {&Threei}  you took it Alex?
[12:23] {Alexs} yes small lot
01[12:23] {&Threei}  1:1
01[12:25] {&Threei}  Paulson & Co issues investor letter; recommends clients remain in the Gold fund
01[12:25] {&Threei}  oh boy
01[12:25] {&Threei}  probaly hurting as hell
01[12:25] {&Threei}  - Notes Gold fund is down 54% YTD
[12:27] {+cc_8} Yes i read the paulson bloomberg articles,
[12:27] {+cc_8} http://www.bloomberg.com/news/2013-05-16/paulson-sold-gold-miners-bought-family-dollar-in-quarter.html
[12:27] {+cc_8} and
[12:27] {+cc_8} http://www.businessweek.com/news/2013-06-07/paulson-said-to-stop-regular-reporting-of-gold-fund-share-class
01[12:28] {&Threei}  probably a lot of redemptions as well
01[12:30] {&Threei}  OWM, just a scalp
01[12:30] {&Threei}  IWM
[12:30] {Alexs} :(
01[12:36] {&Threei}  GDX... really want to short this b*tch
01[12:37] {&Threei}  should I restrain myself or it's a valid play...
[12:37] {nemo} if market comes in it could go up
[12:38] {dino} break of low, sure
01[12:38] {&Threei} Short Setup: GDX  .30 break
[12:38] {Alexs} do not mix front and rear Vad
01[12:38] {&Threei}  have it wear broch!
[12:39] {Alexs} gold one
01[12:39] {&Threei}  lol
01[12:39] {&Threei}  gold-plated at best
[12:40] {Alexs} present from Mr. Paulson
01[12:41] {&Threei}  this is total repetition of oil and T-boone
01[12:41] {&Threei}  he got stubborn the same way with oil, and got his fund and its clients in deep losses, had to shut it down
01[12:42] {&Threei}  btw, this is another reason why I think gold is to see new lows and panic selloff
01[12:42] {&Threei}  these guys won't get away so easy
01[12:43] {&Threei}  market is like a bulldog, it doesn't quit torturing stibborn holders until it gnaws through the bone
01[12:54] {&Threei}  to call this action slow would be an insult to all one-legged snails trying to move through the molasses
01[12:54] {&Threei}  they are traditionally considred slow, but they are like rockets comparing to this
[12:56] {stevw} one-legged snails?  i know victoria dumps sewage directly into the chuck, but what else are you guys dumping?
[12:56] {stevw} JPM trying to breakout, but it must be getting tired of trying
01[12:57] {&Threei}  careful stev... if you vouch for sewage treatment, you may never be allowed on the island
[12:58] {stevw} ahh, ya' bunch of loggers
[12:58] {Will49} I've got his name on the list Vad
[12:59] {stevw} i know the most common garbage disposal is the back of the pickup truck and a trip down the highway
01[13:00] {&Threei}  ferry ticket machines have this chekbox... "Sewage treatment, for or against." You check "for," machine spits your credit card out
[13:00] {Will49} lol
[13:00] {stevw} lol
01[13:00] {&Threei}  try again, and it won't even return your card
01[13:01] {&Threei}  GDX invalidated of course
01[13:01] {&Threei}  for now at least
[13:01] {stevw} i've sat in that midday GDX trade before - it's agonizing
01[13:02] {&Threei}  JPMorgan Chase and Co CEO Dimon: Europe still has a few years to go before it is clear of the crisis, US corporate world is in very good shape - Morgan Stanley conf comments
01[13:03] {&Threei}  my congratulations to US corporate world
01[13:03] {&Threei}  now, any chance hoi poloi has their turn too?
01[13:04] {&Threei}  German banker falls asleep on keyboard and accidentally transfers $300-million
01[13:04] {&Threei}  oh, that's where that trasfer came from...
01[13:05] {&Threei}  The man was in the middle of transferring 62.40 euros from a customer bank account when he fell asleep and mashed the number 2 key, turning it into a transfer worth 222,222,222.22 euros, a German labour court heard on Monday
01[13:08] {&Threei}  who is bored, might want tio try QCOR
01[13:08] {&Threei}  moves like, ummm, three-legged snail
[13:10] {stevw} probably not enough volume for an MCD short, eh?
[13:12] {dino} incy drop
01[13:12] {&Threei}  really hard to tell
[13:13] {dino} sm l .85
[13:13] {nemo} what a weird day
[13:14] {Will49} doubly boring without Les
[13:14] {nemo} that's a stretch
[13:14] {dino} out incy .25, +.40
[13:14] {RonS} was just hinking...oh, Les is not here?
[13:15] {nemo} serene, isn't it
[13:15] {RonS} thinking
01[13:15] {&Threei}  sinking
[13:15] {Will49} the ship of state?
[13:20] {backman} ??JPM  ??? break of .80?
01[13:22] {&Threei}  toughie... not sure
01[13:22] {&Threei}  it's a valid chart but this is exactly the kind that failed over last few days
[13:22] {backman} yup...been there...failed with it....GDX bouncing after making new low
[13:25] {backman} TZA above .30?
01[13:26] {&Threei}  I would wait for GDX now to stop out shorters, then enter on a rinse
01[13:26] {&Threei}  same goes for TZA... let it trigger, wait for the rinse
01[13:26] {&Threei}  let's adjust
01[13:31] {&Threei}  here is GDX
01[13:31] {&Threei} Short Setup: GDX  .40 break
01[13:31] {&Threei}  If holds  .45
01[13:32] {&Threei}  Invalidated
[13:33] {RonS} hearing ed stocks moving on this:   Department of Education gainful employment regulations will be delayed and not effective until July 2015. - BMO Capital Markets
01[13:35] {&Threei}  APOL Hearing BMO note asserts the Dept of Education is delaying gainful employment regulations until July 2015 (related APEI BPI CECO COCO CPLA DV EDMC ESI LINC LOPE QNST STRA UTI )
[13:37] {dino} hard to enforce a law when only jobs available are miniumum wage
[13:38] {stevw} short CAT at .45
01[13:38] {&Threei} Short Setup: GDX  .50 break
01[13:39] {&Threei}  If holds  .56
01[13:40] {&Threei}  Banks charged $32 billion in overdraft fees last year
01[13:47] {&Threei}  die GDX
[13:49] {Will49} if you didn't know better, you'd think the machines are hitting stops
[13:52] {RonS} BREAKING: Google asks government to allow publishing of national security request data
[13:58] {stevw} phew, i can take my finger off the CAT cover button for a minute - i was cramping up
[14:01] {dino} lol
01[14:05] {&Threei}  what was that on GDX?
[14:07] {jdetente} back at break .50?
01[14:07] {&Threei}  doesn't look right
[14:07] {stevw} hod scared it off
01[14:07] {&Threei} Long Setup:  APOL  .80 hl
01[14:07] {&Threei}  If holds  .70
[14:07] {jdetente} lots of things don't look right today
01[14:10] {&Threei}  Invalidated
01[14:10] {&Threei}  but on a radar for another entry
[14:16] {stevw} stopped out of CAT
01[14:30] {&Threei}  that snail seems to be heavily sedated too
01[14:31] {&Threei}  it's been a good while since things were this slow
[14:32] {thomcbell} hi all - been busy with some stuff for last few weeks - how is everyone doing?
01[14:32] {&Threei}  hi tbell
01[14:32] {&Threei}  things are very slow... you didn;t miss much this week
[14:32] {Will49} hey tbell...where are your priorities? :)
[14:33] {thomcbell} yeah yeah
[14:39] {dino} hey nemo, i see you've picked up tebow
[14:43] {jdetente} Darth Belichick will summon unholy forces and turn Tebow into a productive NFL player...that would be my bet at least
[14:43] {Les} what we in?
01[14:43] {&Threei} Long Setup:  APOL  .70 break
01[14:44] {&Threei}  If holds  .65
[14:44] {Les} how goes the day?
[14:44] {dino} jd, no doubt better than the rex fiasco
01[14:44] {&Threei}  better than yesterday, but very slow
[14:45] {jdetente} for sure Dino...Rex Ryan lost control of that team long ago
[14:45] {dino} ok, took hours but out gnmk .00, +.96
[14:45] {Will49} beauty
[14:45] {Les} pays nicely for the wait
[14:45] {dino} sucker was pulp defined
01[14:46] {&Threei}  Invalidated
01[14:46] {&Threei}  but on watch still
01[14:46] {&Threei}  has squeeze potential with right entry
01[14:48] {&Threei}  Facebook CEO: Stock performance has been disappointing, does not believe strategy is wrong - annual meeting- Likes and comments are up 50% per user over the last year.
01[14:48] {&Threei}  likes are up, stock is down
01[14:48] {&Threei}  sounds about right
[14:49] {Les} what the frick has likes got to do with revenue...
[14:50] {Will49} betcha 50% of users are 12 year old girls
01[14:50] {&Threei}  no, those leave facebook in droves lamenting that it has been overtaken byt those disgustinly ancient 50 years olds
[14:50] {Will49} :)
[14:51] {Les} hey I'm one of those 50%
[14:51] {Will49} we knew that
01[14:51] {&Threei}  nemo told us
[14:51] {Les} well not yet 50 so not one of u guys
01[14:52] {&Threei}  well, you are either 50 years old or 12 yeards old girl
01[14:52] {&Threei}  make your pick
[14:52] {Will49} 50 yearold girl
06[14:54] * &Threei sends Les a pink RealityTradert hairpin with polka dots ribbon
01[14:55] {&Threei}  hope you accept it, then we will be hairpin brothers... I always wear it when trade FB
[14:56] {Les} eh...
[14:56] {backman} nice ...now you guys can go steady together.....vry special
[14:56] {Les} Nemo's a quitter
[14:57] {backman} wouldnt say that to his face, Mr. polka hairpin with ribbons
01[14:57] {&Threei} Long Setup:  APOL  .65 break
01[14:57] {&Threei}  If holds  .55
01[14:58] {&Threei}  I don't know bman, after all nemo won't trade LULU other than in his favorite tutu
[14:59] {jdetente} if nemo wears lulu in the forest does anybody see through them?
01[14:59] {&Threei}  so... something about glass house and stones
01[14:59] {&Threei}  but hey, my ribbon is hidden under my Tiley hat
[14:59] {jdetente} man I hit that .66 bid on APOL and only filled 300 shares grrr
01[15:00] {&Threei}  offer you mean?
[15:00] {jdetente} yeah sorry offer
[15:00] {Will49} jd - +1 on forest line
[15:01] {jdetente} which one? lol
[15:01] {jdetente} negative or positive??
[15:01] {Will49} ..wears lulu...
01[15:01] {&Threei}  we need something like "like" here I guess :)
[15:01] {stevw} offer, honor offer; all day long
[15:01] {jdetente} thumbs up or thumbs down feature
01[15:02] {&Threei}  come on APOL, squeeze them da shorts
01[15:02] {&Threei}  let's ask KS if there is anything like that
[15:03] {Will49} sorry jd, missed that +1
[15:03] {jdetente} some of us are going to have bad scores...going to keep my mouth shut then hehe
[15:03] {Will49} need a special scoring icon for les
[15:04] {jdetente} he will be the bottom of the curve that's for sure
[15:05] {Les} what am I supposed to be, Nemo in a tutu? Who voted for a popularity contest?
[15:05] {Les} dollar down equities down interesting
[15:05] {Will49} + 1 les
[15:06] {Will49} practicing
06[15:06] * Les smacks Will with a practise trout
[15:06] {Les} iwm looking toppy here
[15:07] {Les} 98 may be it
[15:07] {+cc_9} Another good day to btfd, every single one
[15:08] {Les} what will you do cc when there are no more dips to buy :)
[15:08] {Les} Ok I see the morning open. Yeh, nice
[15:09] {Les} short .95 holding .05
[15:09] {Les} iwm
01[15:12] {&Threei}  ok, mirc is no facebook... all it has is ^ for like
[15:12] {Les} we should have our own FB room
[15:14] {Les} meh
01[15:19] {&Threei}  oh come on APOL
01[15:19] {&Threei}  after spiking70 senc in 1 min, you have troubles making 10 cents now?
[15:20] {Alexs} what was that spike?
01[15:20] {&Threei}  news
01[15:20] {&Threei}  Apollo Group Inc BMO analyst note asserts the Dept of Education is delaying 'gainful employment' regulations on for-profit schools until July 2015
[15:21] {Alexs} ah ok
01[15:22] {&Threei}  1 : frikin 1
01[15:22] {&Threei}  I really wasnt squeeze on this one
01[15:23] {&Threei}  profit takers and shorts pounded it all the way back
01[15:23] {&Threei}  surely thwere should be those that view it as secondary entry opportinity plus some who still haven't covered
[15:24] {dino} emb drop
[15:28] {jdetente} more than 1:1 would be nice
[15:28] {jdetente} good way to end the day
01[15:29] {&Threei}  tell that to SPY...
01[15:30] {&Threei}  (TR) Istanbul, Turkey Govt reportedly announces a final warning to protestors to leave Taksim Square
[15:35] {stevw} don't look at GDX
[15:35] {Les} too late
01[15:35] {&Threei}  I will not
01[15:36] {&Threei}  I will not look at GDX
01[15:36] {&Threei}  I will not look at GDX ever
01[15:36] {&Threei}  I will not look at SoMG GDX ever
[15:36] {Les} gap closure and still dropping
[15:36] {Will49} lol
01[15:37] {&Threei}  ok APOL, you held well... time to run
01[15:37] {&Threei}  or fly
01[15:37] {&Threei}  and/or fly
[15:42] {Les} http://www.telegraph.co.uk/finance/financialcrisis/10113280/UK-challenges-illegal-EU-power-to-ban-short-selling.html
[15:43] {Les} looks like they wanna kill short sellers and market in the EU
01[15:43] {&Threei}  oh, just close eurotunnel
[15:43] {Les} or blow big equity bubbles
01[15:43] {&Threei}  won't happen thanks to short ban
01[15:44] {&Threei}  they tried it in many markets and sectors, never stopped decline when decline was warranted
[15:45] {Les} yeh
[15:45] {Les} but if no one can borrow
[15:45] {Les} then like china
[15:45] {Les} can blow bubble until..
[15:45] {Les} it bursts and everyone pulls out at same time
01[15:46] {&Threei}  that's the point - when it drops, there is no support
[15:46] {Les} I understand short sellers help stabilise those movements
[15:46] {Les} right
01[15:46] {&Threei}  it simply increases volatility by taking out whole class of players
01[15:46] {&Threei}  great protection, thank you very much
01[15:47] {&Threei}  take a look at GLD daily
[15:48] {Les} nah don't like reality
[15:48] {Les} http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/6/11_Stunning_Gold_%26_Silver_Charts_Reveal_Shocking_Global_Demand.html
[15:48] {Les} prefer a good story
01[15:48] {&Threei}  if this is inverse C&H forming, and 130.50 is taken out...
[15:48] {Les} can't be
01[15:48] {&Threei}  yeah... shocking demand will it be
[15:48] {Les} stunning gold demand
01[15:49] {&Threei}  I wish we were there to observe that
01[15:49] {&Threei}  wait... we will be
01[15:49] {&Threei}  APOL... 9 min
[15:49] {Les} well dollar red, equities red metals red
01[15:49] {&Threei}  move
[15:50] {Les} bodes well for more metal downside
01[15:50] {&Threei}  you missed Paulson news earlier in the day Les
[15:50] {Les} the ex treasurer or hedgie?
01[15:50] {&Threei}  hedgie
01[15:50] {&Threei}  review the log later... you will get this sinking feeling of black hole coming
[15:51] {Les} k
[15:51] {Les} gotta work again tomorrow back for afternoon trading
01[15:51] {&Threei}  ok Alex... make sure APOL has the broch on
06[15:51] * &Threei hits APOL in the rear with heavy duty army boots
[15:52] {Alexs} be carefull
01[15:53] {&Threei}  6 min
[15:57] {dino} icui spike
01[15:58] {&Threei}  ok... saved by the bell
01[15:58] {&Threei}  ending positive and extremely bored
01[15:58] {&Threei}  thank you all, have a great evening
01[15:58] {&Threei}  see you tomorrow
[15:58] {Will49} cheers guys
[15:58] {Les} cheers
[15:58] {jdetente} see ya guys