Session Time: Tue Aug 13 00:00:00 2013
[08:48] {dino} gm
01[08:49] {&Threei} morning dino
[08:50] {nemo} I suppose I'm chopped liver
01[08:57] {&Threei} hmm?
[09:20] {nemo} anybody ever watch the old cable tv show "Deadwood"?
[09:20] {dino} yes
[09:21] {nemo} Yeah, I started watching it...really excellent
[09:22] {dino} good show
01[09:25] {&Threei} ASTM halt
[09:25] {cipher} gm
01[09:26] {&Threei} cipher :)
[09:26] {RonS} hello
01[09:26] {&Threei} ron :)
[09:28] {bbobr} gm
01[09:29] {&Threei} bbobr :)
[09:29] {Alexs} gm
01[09:29] {&Threei} alex :)
01[09:29] {&Threei} Short Setup: GDX .75 break
01[09:29] {&Threei} If holds .85
[09:31] {RonS} sm L val 66.10
01[09:32] {&Threei} stop to .81
01[09:33] {&Threei} ha;f out
01[09:33] {&Threei} stop to .76
01[09:34] {&Threei} 1:2
01[09:34] {&Threei} 1/4 more out
[09:34] {dino} oww hl l .43
01[09:35] {&Threei} that painful?
01[09:35] {&Threei} 1"3
01[09:35] {&Threei} out in full
[09:39] {+cc_9} at last GDX
[09:39] {dino} oww stop .33 -.10
01[09:40] {&Threei} Long Setup: C .15 breal
01[09:40] {&Threei} If holds .05
01[09:42] {&Threei} change to .10 break
01[09:43] {&Threei} If holds 51
01[09:44] {&Threei} 1:1
01[09:44] {&Threei} stop to .04
01[09:46] {&Threei} to .09 now
[09:46] {+cc_9} IWM reversal
[09:47] {+cc_9} IWM weaker than SPY today fwiw
[09:50] {dino} ihs
[09:55] {dino} cst hl s .37
01[09:56] {&Threei} Short Setup: GDX .70 break
01[09:57] {&Threei} half out
01[09:57] {&Threei} stop .76
01[10:00] {&Threei} *(US) JUN BUSINESS INVENTORIES: 0.0% V 0.2%E
[10:00] {dino} ihs sm l .30
01[10:03] {&Threei} (US) Analyst note yesterday broke the embargo on Jackson Hole agenda (Aug 22-24) - financial press- Tier-1 firm analyst comments that the agenda does not feature speeches from any major fed officials, which will likely mean markets will pay less attention to the symposium than it has in the past.
[10:04] {dino} good
01[10:04] {&Threei} lol
[10:05] {+cc_9} market falling off a cliff
[10:06] {dino} cov cst .97, +.40
01[10:07] {&Threei} Long Setup: C .95 break
01[10:07] {&Threei} If holds .90
01[10:10] {&Threei} meh
[10:11] {+cc_9} SPY 168.75 = reversal in indexes
[10:11] {Alexs} GDX stop .71 now?
[10:11] {+cc_9} Lets see if catchs a bid
[10:12] {+cc_9} & 104.10 on IWM
[10:19] {dino} htwr sm l av .71, thinny
01[10:20] {&Threei} Long Setup: CAT .60 break hl
01[10:20] {&Threei} If holds .50
01[10:21] {&Threei} any SPY help, easy 1:3er, maybe more
[10:23] {dino} dal drop
01[10:23] {&Threei} 1:1
[10:24] {dino} dal l .25 trig
01[10:24] {&Threei} that's all?
01[10:24] {&Threei} oh well
01[10:25] {&Threei} dino, had your morning pain passed?
01[10:26] {&Threei} Long Setup: TNA .20 break hl
01[10:26] {&Threei} If holds .10
[10:26] {dino} out dal .80, +.55
01[10:27] {&Threei} wtg
01[10:28] {&Threei} .25 break should catapult it
[10:29] {dino} out htwr .21, +.50
01[10:30] {&Threei} no go
[10:30] {dino} out ihs 108.94 +1.64
01[10:31] {&Threei} Long Setup: BBY .45 break
[10:31] {dino} ahh, c'mon...
01[10:31] {&Threei} [10:27] {&Threei} wtg
[10:32] {dino} they were 3 nice hits, .55, .50, 1.64
01[10:32] {&Threei} they were
01[10:32] {&Threei} but we are still sympathetic to that pain you experienced during first trades...
01[10:32] {&Threei} you started two posts with "oww..."
[10:33] {dino} lol, i couldn't figure that out...
01[10:33] {&Threei} {GGG}
01[10:34] {&Threei} I really want to see a stock with symbol OUCH
01[10:34] {&Threei} that would be a riot
01[10:34] {&Threei} there was one named DURA... made all russian-speaking laugh
01[10:35] {&Threei} BBY stop is .39 btw
[10:35] {dino} gass drop
[10:35] {dino} thats a funny one
01[10:35] {&Threei} hehe
[10:35] {dino} lol, its called stealth gas
01[10:36] {&Threei} oh boy
[10:36] {dino} silent but deadly i guess
[10:36] {RonS} omg the co name is funnier...stealth gas...
01[10:36] {&Threei} it's getting better by minute
[10:36] {dino} builders getting nailed
[10:38] {+cc_9} SPY stuck @ range, needs to break that 168.75
01[10:38] {&Threei} it should
01[10:41] {&Threei} there you go
01[10:46] {&Threei} goingshort, look pm pls
[10:46] {+cc_9} IWM major lag behind
[10:46] {+cc_9} stuck @ 104.2/3, needs 104.10
01[10:46] {&Threei} SPY doesn't show much determination
01[10:47] {&Threei} moves up haltingly
[10:51] {+cc_9} still think it gets back to yesterday's close
[10:51] {+cc_9} 169.10
[10:55] {+cc_9} any news?
[10:55] {+cc_9} lots of volume/chatter, other than the fed rates, not finding much
01[10:56] {&Threei} nothing concrete
01[10:56] {&Threei} more and mopre about taper happening, and soon
01[10:56] {&Threei} volume is 13% under 3-months average
[10:57] {+cc_9} VXX has not moved much on this SPY drop either
[10:58] {RonS} curious as to why you pay any attention to the vxx?
[10:59] {+cc_9} To gauge volatility
[11:00] {RonS} then why not the vix since it is current
[11:00] {+cc_9} if VXX spiked up on this latest market drop, then people were hedging/betting against the market.
[11:01] {RonS} since the vxx is an average of all futures contracts how can it be a gauge of anything? is it not more important what is happening to specific contracts?
[11:01] {+cc_9} Over the long run there is a clear discrepancy, for intraday, the liquidity/prints on it are slightly clearer than VIX$
[11:02] {+cc_9} IWM back to 10:40s highs, SPY lagging now
[11:02] {RonS} just saying that a derivative of a derivative is really sketchy...imo
[11:05] {RonS} imo if you want a relatively real time reading on the vix futures for all months you should start wacthing the "Sonar Report" daily presentation from the floor of the CBOE via the Optionmonster website
[11:05] {dino} dal drop again
01[11:06] {&Threei} Long Setup: CAT .80 breal
[11:06] {RonS} they identify majot vix futures trades and trends and what the trader is likely trying to accomplish...
01[11:06] {&Threei} If holds .70
[11:06] {Alexs} hl CAT?
01[11:08] {&Threei} narrowqed down enough for full lot IMO
[11:08] {dino} dal hl l .20
01[11:08] {&Threei} say, 3/4?
[11:09] {Alexs} k
[11:09] {+cc_9} Ron, that is correct and I agree. From a liquidity point of view, it is still an indicator, maybe not as accurate as the underlying $VIX
01[11:13] {&Threei} ok kitty, let's do it this time, don't be a scalp
01[11:13] {&Threei} be a good cat and move like real feline
01[11:13] {&Threei} 1:1
[11:13] {+cc_9} SPY/IWM both at intraday tops, wall needs to break
01[11:13] {&Threei} tbell, look dcc pls
01[11:15] {&Threei} oh come on
01[11:15] {&Threei} second time, just a scalp
[11:17] {+cc_9} SPY }} http://img600.imageshack.us/img600/4067/ob7w.jpg
[11:17] {dino} out dal .44, +.24
[11:17] {nemo} jpm looks short
[11:18] {+cc_9} Looking for an intraday top break and a tgt of yesterday's close (full reversal)
[11:21] {+cc_9} There goes SPY
[11:21] {+cc_9} $0.20 to go.
[11:21] {+cc_9} IWm now lagging, still not through 104.10
[11:25] {+cc_9} great reversal
[11:26] {+cc_9} UAL tanking
[11:27] {dino} wathing them
[11:27] {dino} watching
01[11:27] {&Threei} Long Setup: GDX .50 break
[11:28] {dino} taking a break
01[11:28] {&Threei} If holds .44
[11:29] {+cc_9} SPY $0.10 from target
[11:29] {+cc_9} monster turn around
01[11:30] {&Threei} meh
[11:30] {nemo} indexes bottom between 10:30 and 11:00 every day
[11:32] {+cc_9} SPY full blown reversal to its closing price yesterday of 169.10 (call made earlier)
[11:32] {+cc_9} Trader out.
[11:32] {nemo} gdx ready to go here
01[11:32] {&Threei} friking CAT
01[11:33] {&Threei} turned twice into merely a scalp, then moved higher
[11:36] {+cc_9} UAL slight double bottom dino
[11:36] {RonS} the bots are all over the airlines...pure pulp
[11:38] {dino} missed it, microwaving soup
[11:38] {RonS} gonna go on all day...
[11:38] {dino} luv held well in relation to dal, ual
[11:38] {RonS} feds squashing the aa us air merger...
[11:39] {dino} which will keep capacity
01[11:39] {&Threei} come on dino, freeze that soup and gnaw at frozen cubes all day, not to leave the computer
[11:39] {RonS} lol
01[11:40] {&Threei} Long Setup: WMT .70 break
01[11:40] {&Threei} If holds .60
[11:41] {dino} i've found i make (and keep) more cash when I trade less
[11:41] {dino} used to average 15+ trades/day, trying to keep it under 9
01[11:42] {&Threei} best line from the article about weight loss I've ever seen: You aren’t going to get the butt you want by sitting on the one you have
[11:43] {+cc_9} initial target on market reversal was 169.10 on SPY, it hit 169.09 on the nose before fading again
[11:43] {+cc_9} UAL fighting hard to put a bottom
[11:43] {dino} reminds me of the wife who asked hubby for boob job, he said rub tp on them, it worked for your ass
01[11:43] {&Threei} lol
01[11:44] {&Threei} I am not convinced on UAL...
01[11:44] {&Threei} low volume bounce
01[11:44] {&Threei} can easily break down again
[11:44] {dino} slightly higher low, but missing the higher hi
[11:45] {+cc_9} agreed, needs about 31.15 for convincing turn around (UAL)
[11:46] {dino} the progresso and chuncky soups are under-rated. they make a great lunch
[11:47] {+cc_9} UAL some volume
[11:47] {nemo} I like Progresso
[11:47] {nemo} btw fas looks short here
[11:47] {+cc_9} 350k+ on last 1min
01[11:49] {&Threei} starts looking better, UAL
[11:51] {+cc_9} chatter/activity, no price action (UAL)
01[11:54] {&Threei} no go
[11:54] {dino} triangle forming
[11:54] {+cc_9} another volume spike UAL on 1min
[11:55] {+cc_9} 380k+
[11:56] {+cc_9} UAL through 31.15
[11:56] {nemo} well, that short now looking iffy
[11:56] {dino} anybody get it?
[11:57] {nemo} iwm and spy reclaimed their daily pivots, so perhaps FAS has to also
[11:58] {+cc_9} UAL reversing at last
01[12:04] {&Threei} watching MCD for dive and reversal
01[12:04] {&Threei} want long entry
[12:06] {+cc_9} you mean you want MCD for a flip
[12:06] {+cc_9} heh...my best joke for the day, shameful
01[12:07] {&Threei} congratulations cc9... you did impossible
[12:07] {nemo} funny as a rubber crutch
01[12:07] {&Threei} made a joke worse than mine
01[12:07] {&Threei} that's qiote an accomplishment
[12:07] {nemo} o fer crissakes Vad, Les' were the worst
01[12:07] {&Threei} quite
[12:07] {+cc_9} pls add another + near my name
[12:07] {nemo} Oh Vad, about my nick...
01[12:08] {&Threei} din't know nemo... problem is, les didn't view thwm as jokes {G}
[12:08] {+cc_9} UAL back to $31 if anyone looking for a reload
01[12:09] {&Threei} leave that nick alone... database rebuilding keeps everyone busy enough to deal woth your caprices
[12:09] {nemo} wow, nice word
[12:10] {nemo} becoming quite sesquepadalian there Vad
06[12:10] * &Threei takes a bow
[12:11] {RonS} did that give him webbed feet?
[12:12] {dino} ual sm l .01
01[12:12] {&Threei} being sesquepadalian?
[12:12] {nemo} standard Ukranian feature
[12:15] {+cc_9} UAL decent second bounce off $31
[12:18] {+cc_9} aaaaaaaaaaaand SPY green :)
01[12:19] {&Threei} crap... .40 was it for MCD
[12:22] {dino} out ual .26, +.25
[12:22] {RonS} gj
[12:25] {dino} ty
01[12:26] {&Threei} Long Setup: MCD .50 break
01[12:26] {&Threei} If holds .40
[12:31] {+cc_9} funny how when market was melting, stocktwits was full of "told you it would crash!"
[12:31] {+cc_9} now they are magically long
[12:31] {+cc_9} lol cant get enough of that
01[12:31] {&Threei} 1:1
01[12:32] {&Threei} I enjoy this "we all are winners" chorus for years
01[12:32] {&Threei} a lot of people guess, then losers remain silent and winners scream on top of their lungs
01[12:32] {&Threei} market reverses, thwe other side yells, while first one suts up
[12:33] {+cc_9} lol
01[12:33] {&Threei} so it's like they win all the time
01[12:33] {&Threei} on one forum there is a guy who makes the same call every year, around the same time:
01[12:34] {&Threei} earnign season starts, it all tha matters for the nmarket, and it's not going to be pretty, I am short
01[12:34] {&Threei} every year market goes up, he is nowhere to be seen, then he pops up a year later with the same call
01[12:34] {&Threei} 5 years in a row
[12:36] {+cc_9} when was making bullish calls on the market earlier @ the drop, everyone and their second cousin was screaming "this is the top, we go down from here"
01[12:37] {&Threei} then there are those "bull market geniuses"
[12:37] {+cc_9} now that market is back where we left off yesterday "was a good time to buy SPY calls on that drop!"
01[12:37] {&Threei} that make a name by repeating bullish calls during bull market, and continue doing that after market reverses...
01[12:37] {&Threei} anyone remember the name Chhetah?
01[12:37] {&Threei} 1998 - 2000 hero
[12:37] {+cc_9} theoptiondon Aug. 13 at 10:10 AM $SPY 168 puts @ .61
[12:38] {+cc_9} theoptiondon Aug. 13 at 12:31 PM this market is totally irrational. cant get proper footing in either direction $SPY
[12:38] {+cc_9} this is just an example
01[12:38] {&Threei} repeated gis "buy any pillback" all the way down after market reversed its tech boom
01[12:39] {&Threei} one trick ponies...
[12:40] {dino} cheetah girls, yes
[12:40] {+cc_9} UAL back under $31
[12:40] {+cc_9} flag / pennant forming on 2min
[12:43] {+cc_9} closing in on that 30.70s intraday support
01[12:44] {&Threei} (US) Fed's Lockhart (moderate, FOMC non-voter): Any change in QE should be a cautious first step
[12:47] {+cc_9} i.e no change
01[12:48] {&Threei} - There will not likely be enough data on hand by September to be able to map a full phase-out of QE purchases. - Recent data does not paint a clear picture of the economy. Uneven economic data keeps the Fed from offering specific guidance. - US economy should pick up in the second half of 2013, with stronger consumer spending and housing
01[12:48] {&Threei} (US) PIMCO's El-Erian: Risk markets are treading water and getting tired; major uncertainties ahead include debt ceiling, taper, new Fed chairman, European elections
[12:49] {+cc_9} UAL .70s support so far working
01[12:49] {&Threei} speaking of next fed chairman, summers' name sounds more and more often
[12:50] {RonS} "getting tired" makes me crazy...pure pablum
01[12:50] {&Threei} A soft breakfast cereal for infants?
[12:50] {+cc_9} UAL like clockwork
[12:51] {+cc_9} UAL Chart }}} http://img32.imageshack.us/img32/5688/yomk.jpg
[12:51] {+cc_9} 12:44 cc_9 closing in on that 30.70s intraday support
[12:52] {+cc_9} FWIW, the market bounced 130 points from lows
[12:57] {Alexs} BBRY .94 long?
01[12:58] {&Threei} I'd prefer to catch reversal on a deeper pullback
01[12:58] {&Threei} like this
01[12:58] {&Threei} dive under .80, getting intereasted in recross entry
[12:58] {Alexs} k
[12:59] {nemo} did you mean "pabulum" or "pablum"?
[13:01] {RonS} Trite, insipid, or simplistic writing, speech, or conceptualization...pablum
[13:01] {Alexs} LCC .45?
[13:01] {nemo} look up pabulum
01[13:02] {&Threei} LCC looks nice... late
[13:02] {dino} you guys are determined to educate me
[13:02] {RonS} already did...
[13:02] {nemo} wish you were Les, had a great insult
[13:02] {nemo} yeah, same words
[13:02] {nemo} same meaning
[13:02] {nemo} same root
01[13:03] {&Threei} I still like mine interpretation better
01[13:03] {&Threei} soft breakfast cereal for infants
[13:05] {RonS} apropos vis fedding the unwashed public...
[13:05] {RonS} feeding
01[13:05] {&Threei} yup
01[13:05] {&Threei} fits the bill perfectly
01[13:06] {&Threei} data shows retai investor is back, with vengeance
01[13:06] {&Threei} multiple increases in money flow
[13:07] {RonS} dal acting breakdownish...3i's technical term...
01[13:07] {&Threei} how do you think it's going to end? :)
01[13:08] {&Threei} 5 years long bull market, getting parabolic and retail investor contributions jump multifold
01[13:08] {&Threei} same story, every friggin time
01[13:10] {&Threei} alex, LCC gets interesting
01[13:10] {&Threei} get ready with hl
[13:10] {Alexs} despite "Learning is not compulsory.." what's the best book on technical analysis Vad?
01[13:10] {&Threei} Long Setup: LCC .10 break
01[13:10] {&Threei} If holds 17
01[13:13] {&Threei} if you want pure TA book, classic Edwards & Magee Technical Analysis of Stock Trends is the best, just try to find early edition without third author
[13:13] {Alexs} thanks
01[13:14] {&Threei} not sure you need such a fundamenatl work though
01[13:14] {&Threei} I mean no one trades all the setups
01[13:15] {&Threei} or uses all the indicators
[13:15] {+cc_9} UAL off the .70s is just clockwork...
01[13:15] {&Threei} ok LCC, it's time
01[13:19] {&Threei} meh
01[13:19] {&Threei} good morning, then one on one off
[13:19] {dino} keep it simple alexs
01[13:20] {&Threei} yeah
01[13:20] {&Threei} get too deep into this stuff, you soon find yourself either paralyzed by endless analysis or in constant contradiction with yourself
[13:20] {Alexs} lol
01[13:21] {&Threei} seriously... see it all the time
01[13:22] {&Threei} stochastic says buy but OBV say sell,
01[13:22] {&Threei} while MACD crossover is not there, but MA turn up
[13:22] {RonS} ...and nemo says kma...
01[13:22] {&Threei} Hindenburg omen
01[13:22] {&Threei} cross of death
01[13:23] {&Threei} dome with 5 peaks
01[13:23] {&Threei} ichomoku cloud
[13:23] {dino} two scoops ice cream
01[13:23] {&Threei} fan lines
[13:23] {Alexs} lol
01[13:23] {&Threei} the list is endless
01[13:24] {&Threei} there are thousands on indicators, and new ones are being invented daily
01[13:24] {&Threei} who cares, basics remain uncanged and work for decades if not \centuries
[13:28] {nemo} what I say?
01[13:28] {&Threei} ?
[13:28] {+cc_9} UAL updated chart from earlier (.70s still working) : http://img24.imageshack.us/img24/6637/r83q.jpg
[13:43] {dino} things have slowed dwn
[13:45] {dino} calling it a day, very good one. thx all for ideas
[13:46] {+cc_9} take it easy dino
[13:46] {dino} u2 buddy
01[13:47] {&Threei} take care dino
[13:50] {+cc_9} UAL one of the best patterns so far today, holding a perfect intraday support each time for a solid trade.
[13:53] {+cc_9} @ highest pps since 11:00AM ET
[13:54] {RonS} pps?
[13:54] {+cc_9} price per share
[13:55] {+cc_9} aka price.
[13:56] {RonS} furious volume in LLC over 30% of float already traded...
[13:56] {+cc_9} UAL updated chart }}} http://img211.imageshack.us/img211/3365/0ck5.jpg
[13:56] {+cc_9} you mean LCC ?
[13:57] {RonS} ya
[14:00] {+cc_9} JBLU ahead of the bunch
[14:02] {+cc_9} Done for today, 3 main trades : DUST on GDX drop @ open. TNA on IWM reversal (traded once), UAL off 30.70s support (traded twice)
01[14:13] {&Threei} Long Setup: TZA .90 break
01[14:14] {&Threei} If holds .85
01[14:18] {&Threei} database restoration seems to be over, room is closed now to unregistered nick
01[14:18] {&Threei} if next time you connect and can't, it means nemo sneaked in and crossed your name off the list
[14:18] {~KSystems} :)
[14:22] {RonS} aapl rip
[14:23] {Alexs} MU .80 break?
[14:23] {RonS} icahn in aapl
[14:24] {+cc_9} Looks good for a short
[14:24] {+cc_9} down to 481
[14:27] {+cc_9} { 481, good hype trade
[14:28] {+cc_9} https://twitter.com/Carl_C_Icahn
[14:28] {+cc_9} "Some people get rich studying artificial intelligence. Me, I make money studying natural stupidity."
01[14:29] {&Threei} yeah, loved it
[14:30] {nemo} phewww, was I worried: http://bit.ly/15Akoqk
01[14:33] {&Threei} in TZA
[14:39] {+cc_9} with 1 tweet from Ichan, AAPL gains near $10B in market cap..
[14:39] {nemo} any interesting options movement recently in aapl
[14:45] {+cc_9} LCC tanked to session lows
01[14:47] {&Threei} half out
01[14:49] {&Threei} stop to .89
01[14:50] {&Threei} be back in 10
[15:01] {+cc_9} LCC trying here
[15:08] {+cc_9} FB dumping
01[15:19] {&Threei} ONXX Pfizer now said to have exited the bidding process for the company, following Novartis earlier - financial press
01[15:21] {&Threei} here is how desperation looks:
01[15:21] {&Threei} BlackBerry Discloses introduces new super social BlackBerry 9720 smartphone (update)- Designed for a premium look and available in a variety of vibrant colors, the new BlackBerry 9720 smartphone takes everything youd get from a starter smartphone to the next level, and comes packed with of all of your favorite social apps to let you spark the conversation.
01[15:22] {&Threei} long list of great new features, then ends with this:
01[15:22] {&Threei} Beginning in the coming weeks, the new BlackBerry 9720 smartphone will be available in select markets from retailers and carriers in Asia, EMEA and Latin America
01[15:24] {&Threei} BBRY is almost ready for bounce
01[15:24] {&Threei} watching
[15:25] {Alexs} LCC short .50?
01[15:26] {&Threei} yup
01[15:28] {&Threei} Long Setup: BBRY .30 break
01[15:28] {&Threei} If holds .25
01[15:30] {&Threei} change to .25 break
01[15:30] {&Threei} If holds .20
01[15:32] {&Threei} change to .20 break
01[15:32] {&Threei} If holds .15
[15:35] {+cc_9} Adding UAL/FB to watch list for tomorrow
01[15:37] {&Threei} ok BBRY... before you sail into sunset, we still need to get some money off you. So breaks that .25 and run
01[15:40] {&Threei} sone of a motherless goat
[15:43] {nemo} interesting, IWM and SPY basically at weekly pivots
01[15:43] {&Threei} LCC finally broke down
01[15:44] {&Threei} not sure there is time and room for it to work
[15:44] {Alexs} missed it
01[15:44] {&Threei} but good spot nonetheless
01[15:44] {&Threei} that's OK, I am not sure it's worth it at this point in time
[15:46] {nemo} serious volume spike in finnies and spy
[15:46] {+cc_9} better to wait for tomorrow to get some nice trades on the airlines
01[15:48] {&Threei} wow
01[15:48] {&Threei} BBRY
[15:48] {nemo} http://bo.st/1eHAXGu
01[15:48] {&Threei} thank god for small stops
01[15:48] {&Threei} as name implies, they stop your losses
[15:52] {+cc_9} Some buyers stepping in FB EOD
[15:52] {Alexs} LCC worked nicely
01[15:52] {&Threei} yes
01[15:54] {&Threei} ok guys, thank you all
01[15:54] {&Threei} have a good evening, see you tomorrow
[15:54] {+cc_9} cya
Session Time: Tue Aug 13 00:00:00 2013
[08:48] {dino} gm
01[08:49] {&Threei} morning dino
[08:50] {nemo} I suppose I'm chopped liver
01[08:57] {&Threei} hmm?
[09:20] {nemo} anybody ever watch the old cable tv show "Deadwood"?
[09:20] {dino} yes
[09:21] {nemo} Yeah, I started watching it...really excellent
[09:22] {dino} good show
01[09:25] {&Threei} ASTM halt
[09:25] {cipher} gm
01[09:26] {&Threei} cipher :)
[09:26] {RonS} hello
01[09:26] {&Threei} ron :)
[09:28] {bbobr} gm
01[09:29] {&Threei} bbobr :)
[09:29] {Alexs} gm
01[09:29] {&Threei} alex :)
01[09:29] {&Threei} Short Setup: GDX .75 break
01[09:29] {&Threei} If holds .85
[09:31] {RonS} sm L val 66.10
01[09:32] {&Threei} stop to .81
01[09:33] {&Threei} ha;f out
01[09:33] {&Threei} stop to .76
01[09:34] {&Threei} 1:2
01[09:34] {&Threei} 1/4 more out
[09:34] {dino} oww hl l .43
01[09:35] {&Threei} that painful?
01[09:35] {&Threei} 1"3
01[09:35] {&Threei} out in full
[09:39] {+cc_9} at last GDX
[09:39] {dino} oww stop .33 -.10
01[09:40] {&Threei} Long Setup: C .15 breal
01[09:40] {&Threei} If holds .05
01[09:42] {&Threei} change to .10 break
01[09:43] {&Threei} If holds 51
01[09:44] {&Threei} 1:1
01[09:44] {&Threei} stop to .04
01[09:46] {&Threei} to .09 now
[09:46] {+cc_9} IWM reversal
[09:47] {+cc_9} IWM weaker than SPY today fwiw
[09:50] {dino} ihs
[09:55] {dino} cst hl s .37
01[09:56] {&Threei} Short Setup: GDX .70 break
01[09:57] {&Threei} half out
01[09:57] {&Threei} stop .76
01[10:00] {&Threei} *(US) JUN BUSINESS INVENTORIES: 0.0% V 0.2%E
[10:00] {dino} ihs sm l .30
01[10:03] {&Threei} (US) Analyst note yesterday broke the embargo on Jackson Hole agenda (Aug 22-24) - financial press- Tier-1 firm analyst comments that the agenda does not feature speeches from any major fed officials, which will likely mean markets will pay less attention to the symposium than it has in the past.
[10:04] {dino} good
01[10:04] {&Threei} lol
[10:05] {+cc_9} market falling off a cliff
[10:06] {dino} cov cst .97, +.40
01[10:07] {&Threei} Long Setup: C .95 break
01[10:07] {&Threei} If holds .90
01[10:10] {&Threei} meh
[10:11] {+cc_9} SPY 168.75 = reversal in indexes
[10:11] {Alexs} GDX stop .71 now?
[10:11] {+cc_9} Lets see if catchs a bid
[10:12] {+cc_9} & 104.10 on IWM
[10:19] {dino} htwr sm l av .71, thinny
01[10:20] {&Threei} Long Setup: CAT .60 break hl
01[10:20] {&Threei} If holds .50
01[10:21] {&Threei} any SPY help, easy 1:3er, maybe more
[10:23] {dino} dal drop
01[10:23] {&Threei} 1:1
[10:24] {dino} dal l .25 trig
01[10:24] {&Threei} that's all?
01[10:24] {&Threei} oh well
01[10:25] {&Threei} dino, had your morning pain passed?
01[10:26] {&Threei} Long Setup: TNA .20 break hl
01[10:26] {&Threei} If holds .10
[10:26] {dino} out dal .80, +.55
01[10:27] {&Threei} wtg
01[10:28] {&Threei} .25 break should catapult it
[10:29] {dino} out htwr .21, +.50
01[10:30] {&Threei} no go
[10:30] {dino} out ihs 108.94 +1.64
01[10:31] {&Threei} Long Setup: BBY .45 break
[10:31] {dino} ahh, c'mon...
01[10:31] {&Threei} [10:27] {&Threei} wtg
[10:32] {dino} they were 3 nice hits, .55, .50, 1.64
01[10:32] {&Threei} they were
01[10:32] {&Threei} but we are still sympathetic to that pain you experienced during first trades...
01[10:32] {&Threei} you started two posts with "oww..."
[10:33] {dino} lol, i couldn't figure that out...
01[10:33] {&Threei} {GGG}
01[10:34] {&Threei} I really want to see a stock with symbol OUCH
01[10:34] {&Threei} that would be a riot
01[10:34] {&Threei} there was one named DURA... made all russian-speaking laugh
01[10:35] {&Threei} BBY stop is .39 btw
[10:35] {dino} gass drop
[10:35] {dino} thats a funny one
01[10:35] {&Threei} hehe
[10:35] {dino} lol, its called stealth gas
01[10:36] {&Threei} oh boy
[10:36] {dino} silent but deadly i guess
[10:36] {RonS} omg the co name is funnier...stealth gas...
01[10:36] {&Threei} it's getting better by minute
[10:36] {dino} builders getting nailed
[10:38] {+cc_9} SPY stuck @ range, needs to break that 168.75
01[10:38] {&Threei} it should
01[10:41] {&Threei} there you go
01[10:46] {&Threei} goingshort, look pm pls
[10:46] {+cc_9} IWM major lag behind
[10:46] {+cc_9} stuck @ 104.2/3, needs 104.10
01[10:46] {&Threei} SPY doesn't show much determination
01[10:47] {&Threei} moves up haltingly
[10:51] {+cc_9} still think it gets back to yesterday's close
[10:51] {+cc_9} 169.10
[10:55] {+cc_9} any news?
[10:55] {+cc_9} lots of volume/chatter, other than the fed rates, not finding much
01[10:56] {&Threei} nothing concrete
01[10:56] {&Threei} more and mopre about taper happening, and soon
01[10:56] {&Threei} volume is 13% under 3-months average
[10:57] {+cc_9} VXX has not moved much on this SPY drop either
[10:58] {RonS} curious as to why you pay any attention to the vxx?
[10:59] {+cc_9} To gauge volatility
[11:00] {RonS} then why not the vix since it is current
[11:00] {+cc_9} if VXX spiked up on this latest market drop, then people were hedging/betting against the market.
[11:01] {RonS} since the vxx is an average of all futures contracts how can it be a gauge of anything? is it not more important what is happening to specific contracts?
[11:01] {+cc_9} Over the long run there is a clear discrepancy, for intraday, the liquidity/prints on it are slightly clearer than VIX$
[11:02] {+cc_9} IWM back to 10:40s highs, SPY lagging now
[11:02] {RonS} just saying that a derivative of a derivative is really sketchy...imo
[11:05] {RonS} imo if you want a relatively real time reading on the vix futures for all months you should start wacthing the "Sonar Report" daily presentation from the floor of the CBOE via the Optionmonster website
[11:05] {dino} dal drop again
01[11:06] {&Threei} Long Setup: CAT .80 breal
[11:06] {RonS} they identify majot vix futures trades and trends and what the trader is likely trying to accomplish...
01[11:06] {&Threei} If holds .70
[11:06] {Alexs} hl CAT?
01[11:08] {&Threei} narrowqed down enough for full lot IMO
[11:08] {dino} dal hl l .20
01[11:08] {&Threei} say, 3/4?
[11:09] {Alexs} k
[11:09] {+cc_9} Ron, that is correct and I agree. From a liquidity point of view, it is still an indicator, maybe not as accurate as the underlying $VIX
01[11:13] {&Threei} ok kitty, let's do it this time, don't be a scalp
01[11:13] {&Threei} be a good cat and move like real feline
01[11:13] {&Threei} 1:1
[11:13] {+cc_9} SPY/IWM both at intraday tops, wall needs to break
01[11:13] {&Threei} tbell, look dcc pls
01[11:15] {&Threei} oh come on
01[11:15] {&Threei} second time, just a scalp
[11:17] {+cc_9} SPY }} http://img600.imageshack.us/img600/4067/ob7w.jpg
[11:17] {dino} out dal .44, +.24
[11:17] {nemo} jpm looks short
[11:18] {+cc_9} Looking for an intraday top break and a tgt of yesterday's close (full reversal)
[11:21] {+cc_9} There goes SPY
[11:21] {+cc_9} $0.20 to go.
[11:21] {+cc_9} IWm now lagging, still not through 104.10
[11:25] {+cc_9} great reversal
[11:26] {+cc_9} UAL tanking
[11:27] {dino} wathing them
[11:27] {dino} watching
01[11:27] {&Threei} Long Setup: GDX .50 break
[11:28] {dino} taking a break
01[11:28] {&Threei} If holds .44
[11:29] {+cc_9} SPY $0.10 from target
[11:29] {+cc_9} monster turn around
01[11:30] {&Threei} meh
[11:30] {nemo} indexes bottom between 10:30 and 11:00 every day
[11:32] {+cc_9} SPY full blown reversal to its closing price yesterday of 169.10 (call made earlier)
[11:32] {+cc_9} Trader out.
[11:32] {nemo} gdx ready to go here
01[11:32] {&Threei} friking CAT
01[11:33] {&Threei} turned twice into merely a scalp, then moved higher
[11:36] {+cc_9} UAL slight double bottom dino
[11:36] {RonS} the bots are all over the airlines...pure pulp
[11:38] {dino} missed it, microwaving soup
[11:38] {RonS} gonna go on all day...
[11:38] {dino} luv held well in relation to dal, ual
[11:38] {RonS} feds squashing the aa us air merger...
[11:39] {dino} which will keep capacity
01[11:39] {&Threei} come on dino, freeze that soup and gnaw at frozen cubes all day, not to leave the computer
[11:39] {RonS} lol
01[11:40] {&Threei} Long Setup: WMT .70 break
01[11:40] {&Threei} If holds .60
[11:41] {dino} i've found i make (and keep) more cash when I trade less
[11:41] {dino} used to average 15+ trades/day, trying to keep it under 9
01[11:42] {&Threei} best line from the article about weight loss I've ever seen: You aren’t going to get the butt you want by sitting on the one you have
[11:43] {+cc_9} initial target on market reversal was 169.10 on SPY, it hit 169.09 on the nose before fading again
[11:43] {+cc_9} UAL fighting hard to put a bottom
[11:43] {dino} reminds me of the wife who asked hubby for boob job, he said rub tp on them, it worked for your ass
01[11:43] {&Threei} lol
01[11:44] {&Threei} I am not convinced on UAL...
01[11:44] {&Threei} low volume bounce
01[11:44] {&Threei} can easily break down again
[11:44] {dino} slightly higher low, but missing the higher hi
[11:45] {+cc_9} agreed, needs about 31.15 for convincing turn around (UAL)
[11:46] {dino} the progresso and chuncky soups are under-rated. they make a great lunch
[11:47] {+cc_9} UAL some volume
[11:47] {nemo} I like Progresso
[11:47] {nemo} btw fas looks short here
[11:47] {+cc_9} 350k+ on last 1min
01[11:49] {&Threei} starts looking better, UAL
[11:51] {+cc_9} chatter/activity, no price action (UAL)
01[11:54] {&Threei} no go
[11:54] {dino} triangle forming
[11:54] {+cc_9} another volume spike UAL on 1min
[11:55] {+cc_9} 380k+
[11:56] {+cc_9} UAL through 31.15
[11:56] {nemo} well, that short now looking iffy
[11:56] {dino} anybody get it?
[11:57] {nemo} iwm and spy reclaimed their daily pivots, so perhaps FAS has to also
[11:58] {+cc_9} UAL reversing at last
01[12:04] {&Threei} watching MCD for dive and reversal
01[12:04] {&Threei} want long entry
[12:06] {+cc_9} you mean you want MCD for a flip
[12:06] {+cc_9} heh...my best joke for the day, shameful
01[12:07] {&Threei} congratulations cc9... you did impossible
[12:07] {nemo} funny as a rubber crutch
01[12:07] {&Threei} made a joke worse than mine
01[12:07] {&Threei} that's qiote an accomplishment
[12:07] {nemo} o fer crissakes Vad, Les' were the worst
01[12:07] {&Threei} quite
[12:07] {+cc_9} pls add another + near my name
[12:07] {nemo} Oh Vad, about my nick...
01[12:08] {&Threei} din't know nemo... problem is, les didn't view thwm as jokes {G}
[12:08] {+cc_9} UAL back to $31 if anyone looking for a reload
01[12:09] {&Threei} leave that nick alone... database rebuilding keeps everyone busy enough to deal woth your caprices
[12:09] {nemo} wow, nice word
[12:10] {nemo} becoming quite sesquepadalian there Vad
06[12:10] * &Threei takes a bow
[12:11] {RonS} did that give him webbed feet?
[12:12] {dino} ual sm l .01
01[12:12] {&Threei} being sesquepadalian?
[12:12] {nemo} standard Ukranian feature
[12:15] {+cc_9} UAL decent second bounce off $31
[12:18] {+cc_9} aaaaaaaaaaaand SPY green :)
01[12:19] {&Threei} crap... .40 was it for MCD
[12:22] {dino} out ual .26, +.25
[12:22] {RonS} gj
[12:25] {dino} ty
01[12:26] {&Threei} Long Setup: MCD .50 break
01[12:26] {&Threei} If holds .40
[12:31] {+cc_9} funny how when market was melting, stocktwits was full of "told you it would crash!"
[12:31] {+cc_9} now they are magically long
[12:31] {+cc_9} lol cant get enough of that
01[12:31] {&Threei} 1:1
01[12:32] {&Threei} I enjoy this "we all are winners" chorus for years
01[12:32] {&Threei} a lot of people guess, then losers remain silent and winners scream on top of their lungs
01[12:32] {&Threei} market reverses, thwe other side yells, while first one suts up
[12:33] {+cc_9} lol
01[12:33] {&Threei} so it's like they win all the time
01[12:33] {&Threei} on one forum there is a guy who makes the same call every year, around the same time:
01[12:34] {&Threei} earnign season starts, it all tha matters for the nmarket, and it's not going to be pretty, I am short
01[12:34] {&Threei} every year market goes up, he is nowhere to be seen, then he pops up a year later with the same call
01[12:34] {&Threei} 5 years in a row
[12:36] {+cc_9} when was making bullish calls on the market earlier @ the drop, everyone and their second cousin was screaming "this is the top, we go down from here"
01[12:37] {&Threei} then there are those "bull market geniuses"
[12:37] {+cc_9} now that market is back where we left off yesterday "was a good time to buy SPY calls on that drop!"
01[12:37] {&Threei} that make a name by repeating bullish calls during bull market, and continue doing that after market reverses...
01[12:37] {&Threei} anyone remember the name Chhetah?
01[12:37] {&Threei} 1998 - 2000 hero
[12:37] {+cc_9} theoptiondon Aug. 13 at 10:10 AM $SPY 168 puts @ .61
[12:38] {+cc_9} theoptiondon Aug. 13 at 12:31 PM this market is totally irrational. cant get proper footing in either direction $SPY
[12:38] {+cc_9} this is just an example
01[12:38] {&Threei} repeated gis "buy any pillback" all the way down after market reversed its tech boom
01[12:39] {&Threei} one trick ponies...
[12:40] {dino} cheetah girls, yes
[12:40] {+cc_9} UAL back under $31
[12:40] {+cc_9} flag / pennant forming on 2min
[12:43] {+cc_9} closing in on that 30.70s intraday support
01[12:44] {&Threei} (US) Fed's Lockhart (moderate, FOMC non-voter): Any change in QE should be a cautious first step
[12:47] {+cc_9} i.e no change
01[12:48] {&Threei} - There will not likely be enough data on hand by September to be able to map a full phase-out of QE purchases. - Recent data does not paint a clear picture of the economy. Uneven economic data keeps the Fed from offering specific guidance. - US economy should pick up in the second half of 2013, with stronger consumer spending and housing
01[12:48] {&Threei} (US) PIMCO's El-Erian: Risk markets are treading water and getting tired; major uncertainties ahead include debt ceiling, taper, new Fed chairman, European elections
[12:49] {+cc_9} UAL .70s support so far working
01[12:49] {&Threei} speaking of next fed chairman, summers' name sounds more and more often
[12:50] {RonS} "getting tired" makes me crazy...pure pablum
01[12:50] {&Threei} A soft breakfast cereal for infants?
[12:50] {+cc_9} UAL like clockwork
[12:51] {+cc_9} UAL Chart }}} http://img32.imageshack.us/img32/5688/yomk.jpg
[12:51] {+cc_9} 12:44 cc_9 closing in on that 30.70s intraday support
[12:52] {+cc_9} FWIW, the market bounced 130 points from lows
[12:57] {Alexs} BBRY .94 long?
01[12:58] {&Threei} I'd prefer to catch reversal on a deeper pullback
01[12:58] {&Threei} like this
01[12:58] {&Threei} dive under .80, getting intereasted in recross entry
[12:58] {Alexs} k
[12:59] {nemo} did you mean "pabulum" or "pablum"?
[13:01] {RonS} Trite, insipid, or simplistic writing, speech, or conceptualization...pablum
[13:01] {Alexs} LCC .45?
[13:01] {nemo} look up pabulum
01[13:02] {&Threei} LCC looks nice... late
[13:02] {dino} you guys are determined to educate me
[13:02] {RonS} already did...
[13:02] {nemo} wish you were Les, had a great insult
[13:02] {nemo} yeah, same words
[13:02] {nemo} same meaning
[13:02] {nemo} same root
01[13:03] {&Threei} I still like mine interpretation better
01[13:03] {&Threei} soft breakfast cereal for infants
[13:05] {RonS} apropos vis fedding the unwashed public...
[13:05] {RonS} feeding
01[13:05] {&Threei} yup
01[13:05] {&Threei} fits the bill perfectly
01[13:06] {&Threei} data shows retai investor is back, with vengeance
01[13:06] {&Threei} multiple increases in money flow
[13:07] {RonS} dal acting breakdownish...3i's technical term...
01[13:07] {&Threei} how do you think it's going to end? :)
01[13:08] {&Threei} 5 years long bull market, getting parabolic and retail investor contributions jump multifold
01[13:08] {&Threei} same story, every friggin time
01[13:10] {&Threei} alex, LCC gets interesting
01[13:10] {&Threei} get ready with hl
[13:10] {Alexs} despite "Learning is not compulsory.." what's the best book on technical analysis Vad?
01[13:10] {&Threei} Long Setup: LCC .10 break
01[13:10] {&Threei} If holds 17
01[13:13] {&Threei} if you want pure TA book, classic Edwards & Magee Technical Analysis of Stock Trends is the best, just try to find early edition without third author
[13:13] {Alexs} thanks
01[13:14] {&Threei} not sure you need such a fundamenatl work though
01[13:14] {&Threei} I mean no one trades all the setups
01[13:15] {&Threei} or uses all the indicators
[13:15] {+cc_9} UAL off the .70s is just clockwork...
01[13:15] {&Threei} ok LCC, it's time
01[13:19] {&Threei} meh
01[13:19] {&Threei} good morning, then one on one off
[13:19] {dino} keep it simple alexs
01[13:20] {&Threei} yeah
01[13:20] {&Threei} get too deep into this stuff, you soon find yourself either paralyzed by endless analysis or in constant contradiction with yourself
[13:20] {Alexs} lol
01[13:21] {&Threei} seriously... see it all the time
01[13:22] {&Threei} stochastic says buy but OBV say sell,
01[13:22] {&Threei} while MACD crossover is not there, but MA turn up
[13:22] {RonS} ...and nemo says kma...
01[13:22] {&Threei} Hindenburg omen
01[13:22] {&Threei} cross of death
01[13:23] {&Threei} dome with 5 peaks
01[13:23] {&Threei} ichomoku cloud
[13:23] {dino} two scoops ice cream
01[13:23] {&Threei} fan lines
[13:23] {Alexs} lol
01[13:23] {&Threei} the list is endless
01[13:24] {&Threei} there are thousands on indicators, and new ones are being invented daily
01[13:24] {&Threei} who cares, basics remain uncanged and work for decades if not \centuries
[13:28] {nemo} what I say?
01[13:28] {&Threei} ?
[13:28] {+cc_9} UAL updated chart from earlier (.70s still working) : http://img24.imageshack.us/img24/6637/r83q.jpg
[13:43] {dino} things have slowed dwn
[13:45] {dino} calling it a day, very good one. thx all for ideas
[13:46] {+cc_9} take it easy dino
[13:46] {dino} u2 buddy
01[13:47] {&Threei} take care dino
[13:50] {+cc_9} UAL one of the best patterns so far today, holding a perfect intraday support each time for a solid trade.
[13:53] {+cc_9} @ highest pps since 11:00AM ET
[13:54] {RonS} pps?
[13:54] {+cc_9} price per share
[13:55] {+cc_9} aka price.
[13:56] {RonS} furious volume in LLC over 30% of float already traded...
[13:56] {+cc_9} UAL updated chart }}} http://img211.imageshack.us/img211/3365/0ck5.jpg
[13:56] {+cc_9} you mean LCC ?
[13:57] {RonS} ya
[14:00] {+cc_9} JBLU ahead of the bunch
[14:02] {+cc_9} Done for today, 3 main trades : DUST on GDX drop @ open. TNA on IWM reversal (traded once), UAL off 30.70s support (traded twice)
01[14:13] {&Threei} Long Setup: TZA .90 break
01[14:14] {&Threei} If holds .85
01[14:18] {&Threei} database restoration seems to be over, room is closed now to unregistered nick
01[14:18] {&Threei} if next time you connect and can't, it means nemo sneaked in and crossed your name off the list
[14:18] {~KSystems} :)
[14:22] {RonS} aapl rip
[14:23] {Alexs} MU .80 break?
[14:23] {RonS} icahn in aapl
[14:24] {+cc_9} Looks good for a short
[14:24] {+cc_9} down to 481
[14:27] {+cc_9} { 481, good hype trade
[14:28] {+cc_9} https://twitter.com/Carl_C_Icahn
[14:28] {+cc_9} "Some people get rich studying artificial intelligence. Me, I make money studying natural stupidity."
01[14:29] {&Threei} yeah, loved it
[14:30] {nemo} phewww, was I worried: http://bit.ly/15Akoqk
01[14:33] {&Threei} in TZA
[14:39] {+cc_9} with 1 tweet from Ichan, AAPL gains near $10B in market cap..
[14:39] {nemo} any interesting options movement recently in aapl
[14:45] {+cc_9} LCC tanked to session lows
01[14:47] {&Threei} half out
01[14:49] {&Threei} stop to .89
01[14:50] {&Threei} be back in 10
[15:01] {+cc_9} LCC trying here
[15:08] {+cc_9} FB dumping
01[15:19] {&Threei} ONXX Pfizer now said to have exited the bidding process for the company, following Novartis earlier - financial press
01[15:21] {&Threei} here is how desperation looks:
01[15:21] {&Threei} BlackBerry Discloses introduces new super social BlackBerry 9720 smartphone (update)- Designed for a premium look and available in a variety of vibrant colors, the new BlackBerry 9720 smartphone takes everything youd get from a starter smartphone to the next level, and comes packed with of all of your favorite social apps to let you spark the conversation.
01[15:22] {&Threei} long list of great new features, then ends with this:
01[15:22] {&Threei} Beginning in the coming weeks, the new BlackBerry 9720 smartphone will be available in select markets from retailers and carriers in Asia, EMEA and Latin America
01[15:24] {&Threei} BBRY is almost ready for bounce
01[15:24] {&Threei} watching
[15:25] {Alexs} LCC short .50?
01[15:26] {&Threei} yup
01[15:28] {&Threei} Long Setup: BBRY .30 break
01[15:28] {&Threei} If holds .25
01[15:30] {&Threei} change to .25 break
01[15:30] {&Threei} If holds .20
01[15:32] {&Threei} change to .20 break
01[15:32] {&Threei} If holds .15
[15:35] {+cc_9} Adding UAL/FB to watch list for tomorrow
01[15:37] {&Threei} ok BBRY... before you sail into sunset, we still need to get some money off you. So breaks that .25 and run
01[15:40] {&Threei} sone of a motherless goat
[15:43] {nemo} interesting, IWM and SPY basically at weekly pivots
01[15:43] {&Threei} LCC finally broke down
01[15:44] {&Threei} not sure there is time and room for it to work
[15:44] {Alexs} missed it
01[15:44] {&Threei} but good spot nonetheless
01[15:44] {&Threei} that's OK, I am not sure it's worth it at this point in time
[15:46] {nemo} serious volume spike in finnies and spy
[15:46] {+cc_9} better to wait for tomorrow to get some nice trades on the airlines
01[15:48] {&Threei} wow
01[15:48] {&Threei} BBRY
[15:48] {nemo} http://bo.st/1eHAXGu
01[15:48] {&Threei} thank god for small stops
01[15:48] {&Threei} as name implies, they stop your losses
[15:52] {+cc_9} Some buyers stepping in FB EOD
[15:52] {Alexs} LCC worked nicely
01[15:52] {&Threei} yes
01[15:54] {&Threei} ok guys, thank you all
01[15:54] {&Threei} have a good evening, see you tomorrow
[15:54] {+cc_9} cya
