Tuesday, September 3, 2013

Sept 03 2013

Uneven day as market tried to guess the next twist and turn in Syria decision. A few trades worked well, one of them for 1:4, and  a few stops counterbalanced them to about flat outcome overall.

Session Time: Tue Sep 03 00:00:00 2013
[08:55] {dino} gm
01[08:57] {&Threei}  morning dino
[09:08] {nemo} next year remind me that labor day parties are not the best idea
01[09:08] {&Threei}  no?
01[09:08] {&Threei}  hmmm... works for me
[09:09] {nemo} kinda' anethema to my nature
[09:09] {nemo} me and social environments and all
[09:09] {nemo} had to drink to tolerate it
[09:09] {nemo} coupla beers
[09:09] {nemo} coupla margaritas
[09:09] {nemo} coupla shots of this
[09:09] {nemo} coupla shots of that
[09:09] {nemo} coupla more this
[09:09] {nemo} coupla more that
[09:10] {nemo} oy
[09:10] {_diego} hello! i wanted to know if this is the chat room where Threei indicate your operations? I'm newby in this service
[09:10] {nemo} then the frickin' rabbit decides it's gonna climb up into the box spring and file it's teeth on the bed springs
[09:11] {nemo} that echo is surprisingly painful in a state of post-inebriation
01[09:11] {&Threei}  hi diego
01[09:11] {&Threei}  yes it is
[09:11] {nemo} if you mean calls trades, yeah
[09:11] {nemo} then I'm here to insult you
[09:11] {_diego} thanks Threei
[09:11] {nemo} speaking of, where's Les?
[09:15] {Will49} gm
01[09:15] {&Threei}  will :)
[09:15] {nemo} oh, Will will do
[09:15] {Will49} hey nemo
01[09:15] {&Threei}  enouhg of that vacation nonsense, will? :)
[09:16] {Will49} absolutley
[09:16] {nemo} spending all that time with your wife must be excruciating
[09:16] {Will49} my lips are sealed :)
[09:16] {_diego} this is my first day in the room, I followed on the website and I think are a very good team. I hope we have a good day of trading
[09:16] {nemo} "hope" is a dirty word
[09:17] {Will49} is your first name San?
[09:17] {nemo} no, his  last name is Garcia
[09:17] {Will49} ha
[09:17] {nemo} got that, impressive
[09:17] {Will49} is Les back on today
[09:18] {Will49} ?
[09:18] {nemo} I'm waiting to pounce
[09:18] {Will49} I'll bet
[09:18] {nemo} we started feeding on ourselves in his abscence
[09:18] {nemo} absence
[09:18] {nemo} kinda mixed metaphors in one word
[09:19] {Will49} :)
[09:22] {robbers} Welcome back, Will.
[09:22] {Will49} tks rob
01[09:22] {&Threei}  morning robbers
[09:22] {Will49} missed the commaradery
[09:23] {robbers} Hi Vad, GM.
[09:23] {cipher} gm
[09:23] {RonS} hello everyone
01[09:24] {&Threei}  cipher, ron :)
[09:24] {Alexs} gm
01[09:24] {&Threei}  alex :)
[09:27] {bbobr} gm
01[09:27] {&Threei}  bbobr :)
01[09:28] {&Threei}  whole mid-east confusion causes abnormal volatility
[09:28] {ese} gm
01[09:28] {&Threei}  let's be doubly careful at the open
01[09:28] {&Threei}  ese :)
01[09:31] {&Threei} Short Setup: GDX  .70 break
01[09:31] {&Threei}  If holds  .76
[09:32] {+cc_9} gm
01[09:32] {&Threei}  cc9 :)
01[09:36] {&Threei}  meh
[09:37] {nemo} big gap up
[09:37] {+cc_9} MSFT / VZ looking good.
[09:37] {+cc_9} both on M&A
[09:37] {nemo} europe down though so we'll see if this keeps up
01[09:40] {&Threei} Short Setup: FCX  ,10 break
01[09:40] {&Threei}  If holds  .15
[09:46] {nemo} so far playing out like a big gap day
01[09:46] {&Threei}  cover half
01[09:46] {&Threei}  stop to .11
01[09:46] {&Threei}  a lot of hesitation here
[09:46] {nemo} US playing catchup from yesterday, and hesitation from today
[09:47] {nemo} Europe super green yesterday, mildly negative today
[09:48] {nemo} iwm touched 50 day
[09:51] {+cc_9} HLF open + dump
01[09:53] {&Threei}  quite narrow range for SPY
01[09:56] {&Threei} Short Setup: C  .60 break
[09:56] {nemo} numbers in 4
01[09:56] {&Threei}  If holds  .66
[09:57] {+cc_9} HLF $2.00 dump from HOD
[09:57] {+cc_9} Friday LOD test range 59.10
01[09:57] {&Threei}  (SY) US President Obama reiterates that a limited strike is necessary in Syria with no troops on the ground
01[09:58] {&Threei}  novel peace prize winner, wanting to bomb another country to "punish" it
01[09:58] {&Threei}  must be a first in history
01[09:59] {&Threei}  - US has a broader strategy that will allow increased aid to the opposition forces, will ask for a prompt vote from Congress regarding the Syria mission
01[09:59] {&Threei}  that's right, let's put Al Qaeda in charge
01[09:59] {&Threei}  *(US) AUG ISM MANUFACTURING: 55.7 V 54.0E; ISM PRICES PAID: 54.0 V 51.6E
01[10:00] {&Threei}  *(US) JULY CONSTRUCTION SPENDING M/M: 0.6% V 0.4%E
[10:00] {dino} what point is a limited strike? just shows we are not serious. why bother
01[10:00] {&Threei}  ego?
01[10:00] {&Threei}  foot in mouth disease?
[10:00] {+cc_9} HLF testing Friday's LOD range
[10:00] {nemo} target practice
[10:01] {nemo} 57.50 might be destination there 9er
[10:01] {dino} s3 57.34
01[10:01] {&Threei}  (EU) ESM's Regling: Cannot yet say whether or not Greece will require a 3rd bailout, Greece has made a lot of progress but perhaps not enough
[10:01] {nemo} gap fill 58.45
01[10:02] {&Threei}  murky trading so far
[10:02] {nemo} vodka time?
[10:03] {+cc_9} HLF 15min vol accelerating
[10:03] {dino} hlf sm l .00
[10:06] {+cc_9} HLF needs a 59.20 bid for reversal.
01[10:08] {&Threei} Long Setup:  FCX  .15 break
01[10:08] {&Threei}  If holds  .08
[10:09] {+cc_9} HLF 59.20 offer printing
01[10:12] {&Threei}  regret of the day: was looking at CAT short at .20
[10:15] {+cc_9} HLF you can see it hit 59.20 twice then get rejected. That's the reversal pps imo.
[10:17] {+cc_9} HLF back to LOD, volume picking up
[10:17] {dino} stop hlf -.35
[10:17] {nemo} hlf gap fill coming
01[10:17] {&Threei}  FCX stop .09
01[10:19] {&Threei} Long Setup:  CAT  .50 breal
01[10:19] {&Threei}  If holds  .40
[10:19] {Alexs} hl?
01[10:19] {&Threei}  yeah
[10:19] {+cc_9} HLF whoa
[10:20] {nemo} 57.52 is 50 day on hlf
01[10:20] {&Threei}  valid still
01[10:21] {&Threei}  change trigger to .45 break
01[10:22] {&Threei}  nah
[10:22] {Alexs} stop .39?
01[10:22] {&Threei}  not delighted
[10:23] {+cc_9} HLF brutal downside
[10:23] {nemo} next level is 55.50
[10:25] {dino} hlf sm l .51
[10:25] {+cc_9} HLF big buy block
[10:28] {+cc_9} HLF some bids
[10:31] {+cc_9} 58s on deck again
[10:33] {dino} hlf stop to .11
[10:33] {dino} to .31
[10:33] {+cc_9} there she goes
[10:33] {dino} to .51
01[10:34] {&Threei} Short Setup: GDX  .40 brea5
[10:34] {dino} to .61
01[10:34] {&Threei}  Invalidated
[10:35] {+cc_9} BOOM HLF
[10:35] {dino} to .01
[10:35] {dino} out 59.01, +1.50
[10:35] {+cc_9} nice dino
[10:35] {dino} ty
[10:35] {RonS} gj
[10:36] {dino} ty
[10:36] {dino} beasty boys trade...."it's tricky"
01[10:41] {&Threei} Short Setup: GDX  ..60 break
01[10:41] {&Threei}  If holds  .65
01[10:45] {&Threei}  half out
01[10:46] {&Threei}  stop to .61
[10:49] {dino} 20 year crush-loa
[10:49] {robbers} Out in full, thanks.
01[10:50] {&Threei}  yw
01[10:50] {&Threei}  1/4 more out
01[10:50] {&Threei}  .40 break should really kill it
01[10:50] {&Threei}  aiming for 1:4
[11:00] {ese} am outta here first day of school....catch ya tomorrow
[11:00] {Will49} peace ese
01[11:00] {&Threei}  take care ese
[11:00] {fish_49} tc ese
[11:06] {RonS} mnst mash
01[11:14] {&Threei}  die GDX
01[11:14] {&Threei}  stop to .46 now
01[11:17] {&Threei}  1:3
01[11:17] {&Threei}  stop to .41
[11:19] {+cc_9} HLF another sell-off round
[11:19] {RonS} enr dead bunny
01[11:20] {&Threei}  done with GDX
01[11:20] {&Threei}  finally decent one
[11:20] {Will49} good one Vad
01[11:20] {&Threei}  spike probably caused by this:
01[11:21] {&Threei}  (US) House Speaker Boehner (R-OH) Will support President Obama's call for action in Syria, use of chemical weapons in Syria must be responded to and only the US appears ready to take action
[11:21] {dino} pretty good drop
01[11:23] {&Threei}  A magnitude 4.2 earthquake shook northern Vancouver Island at 5:49 a.m. Monday.
[11:24] {RonS} scared the elk?
01[11:24] {&Threei}  at most
[11:24] {Will49} thought that was my alarm clock
01[11:25] {&Threei}  and ese thought he was that good
[11:25] {Will49} LOL
[11:25] {Alexs} lol
[11:25] {Will49} first day of school...he had to be quick
01[11:26] {&Threei}  lol
01[11:29] {&Threei}  House Minority Pelosi: Attacks in Syria cannot be ignored
01[11:29] {&Threei}  {--- puking
[11:31] {fish_49} why not?
[11:31] {fish_49} the rest of the world is ignoring it  why cant we?
01[11:31] {&Threei}  because it's her president this time that wants to drop bombs
[11:32] {fish_49} he don't want to drop a bomb  he just wants to save face  lol
01[11:32] {&Threei}  when it was Bush, he was a military criminal per her
[11:32] {fish_49} correct
[11:33] {fish_49} China and Russia told him to lay down and lick his balls and he got offended that's why he wants  to bomb
[11:33] {fish_49} not a good reason
01[11:35] {&Threei} Long Setup:  CAT  82 break
01[11:35] {&Threei}  If holds  .90
[11:36] {Alexs} hl?
01[11:36] {&Threei}  3/4
01[11:38] {&Threei}  target 1:4
01[11:39] {&Threei}  stop to .95
[11:40] {Alexs} no stops for optimists
01[11:40] {&Threei}  not much chance of survival either {G}
[11:41] {Alexs} taxpayers will help
01[11:42] {&Threei}  thus spake John Galt
[11:42] {Will49} who is John Galt?
[11:43] {Alexs} lol
01[11:43] {&Threei}  :)
[11:43] {RonS} lol
[11:43] {RonS} who is spake?
01[11:43] {&Threei}  A+ will
[11:43] {Will49} tks
01[11:44] {&Threei}  that's all CAT?
01[11:44] {&Threei}  shrug
[11:45] {RonS} thus spake CAT...or is it spanked?
01[11:46] {&Threei}  l gld .80 break
01[11:46] {&Threei} Long Setup:  GLD  .80 break
01[11:46] {&Threei}  If holds  .73
01[11:47] {&Threei}  1:1
01[11:54] {&Threei} Short Setup: CAT  .90 break
01[11:54] {&Threei}  If holds  82
01[12:03] {&Threei}  nah
[12:05] {RonS} Ted Nugent
[12:05] {nemo} oh, here we go
[12:06] {Alexs} frikin conservative
[12:07] {nemo} yeah think he's missing a couple off the old 12-string
[12:14] {fish_49} I think he is suffering from Cat Scratch Fever
[12:14] {nemo} God bless him then at his age
01[12:26] {&Threei} Short Setup: BBBY  .15 break hl
01[12:27] {&Threei}  If holds  .25
01[12:34] {&Threei}  1:1
01[12:36] {&Threei}  1:2
[12:47] {+cc_9} HLF, don't look now dino.
[12:48] {+cc_9} Stock rallies on news that the CEO of Post Holdings, William Stiritz, has disclosed a 5% passive stake
[12:49] {nemo} wow, gaps closing...this not good
01[12:51] {&Threei}  1:3, out
01[12:52] {&Threei}  not that there are nop good plays... just quite inconsustent today
[12:53] {Alexs} still haven't gotten my fair share today
01[12:54] {&Threei}  which as we all know you deserve
[12:54] {nemo} bohica
[12:55] {nemo} 164 spy might beit
[12:55] {Will49} can I stand up straight now?
01[12:55] {&Threei}  lol
[12:56] {nemo} after spending that much time with your wife it might take awhile
[12:56] {nemo} fas long here could work
[12:56] {nemo} break of .50
[12:56] {Will49} looking on the bright side, this is a good day to be climbing back in the saddle...a little bit of everything
[12:56] {nemo} would need spy to hold 164 too
[12:57] {Will49} yea nemo... true dat
[12:57] {nemo} sheesh, still getting tequila burps
[12:58] {nemo} on another note,no pun intended:  http://www.youtube.com/watch?v=DSocO8zF1ho&feature=youtu.be&a
[13:00] {nemo} kid is the balls
[13:00] {Will49} amazing kid!
[13:00] {nemo} gotta' love it, God bless 'im
01[13:02] {&Threei}  BBBY had more in it
[13:32] {nemo} GMCR
[13:33] {nemo} got 84 written all over it
[13:35] {fish_49} 84.11
[13:35] {fish_49} lol
[13:35] {nemo} gonna' fillet ur ass
[13:36] {nemo} er...ur fins
[13:37] {nemo} you must have heard about this: http://read.bi/1agQvnX
[13:44] {fish_49} next  pause .45 Nemo
[13:47] {nemo} did you mean .60?
[13:47] {fish_49} just hit .45
[13:47] {nemo} the pause
[13:48] {fish_49} next level  .11
[13:48] {nemo} surely you jest
[13:48] {fish_49} I'm watching it on a 5 min  chart
01[13:53] {&Threei} Short Setup: GLD  .50 break
01[13:53] {&Threei}  change to .60 break
01[13:53] {&Threei}  If holds  .65
01[13:54] {&Threei}  change to .65 break
01[13:54] {&Threei}  searching for the top, must be close
01[13:54] {&Threei}  change to .75 break
01[13:54] {&Threei}  If holds  .80
01[13:56] {&Threei}  1:1
[13:57] {robbers} Out at .62, thanks Vad.
01[13:57] {&Threei}  :)
01[13:58] {&Threei}  clean parabolic spike top
[13:58] {Will49} knew a girl that had one of those
01[13:58] {&Threei}  lol
01[13:59] {&Threei}  Will... we missed you
[13:59] {Will49} :)
[13:59] {Alexs} nice
01[13:59] {&Threei}  but... one??
[13:59] {Will49} not telling
[13:59] {Will49} you know my wife
01[14:00] {&Threei}  ok... writing it off as unsuccessful attempt to gather blackmail material
[14:00] {Will49} yes
[14:04] {dino} enr sm l .15
01[14:16] {&Threei}  1:2
01[14:17] {&Threei}  I'll call it successful top hunt
[14:17] {dino} safm sm l .51
01[14:17] {&Threei}  to balance unsuccessful blackout material collection
01[14:19] {&Threei}  umm... blackmail*
[14:19] {Will49} my lips are sealed
[14:28] {dino} safm stop -.30
01[14:29] {&Threei}  out in full
01[14:29] {&Threei}  1:4
01[14:29] {&Threei}  me happy
01[14:29] {&Threei}  (ier)
[14:29] {Will49} nice one Vad
01[14:29] {&Threei}  :)
[14:31] {nemo} LVS strong all day
[14:35] {dino} nbix spike
[14:36] {dino} sm s .50
[14:47] {dino} cov nbix .61 -.10
[15:00] {dino} czr drop
[15:01] {dino} sm l .30
[15:02] {dino} stop .10
[15:04] {dino} damn
[15:05] {dino} enr to .55
[15:07] {fish_49} Ok Nemo  I was wrong on the .11 but hit the .45 head on.  Look at it now
[15:07] {nemo} .40
[15:07] {dino} to .65
[15:09] {fish_49} I'm talking about GMCR  the last long bar down on the 3 minute Closed right at .45
[15:09] {dino} out enr .70, +.55
01[15:09] {&Threei}  Secretary of State Kerry on Syria: 'We now have more evidence than needed to convict someone beyond a reasonable doubt'
[15:09] {nemo} I have .40
[15:10] {dino} i still say its odd that they can kill 100k + w/guns/bombs, but get 1k w/chemicals and here we come
[15:10] {nemo} yeah, remember Bopal
[15:10] {nemo} did we bomb Dupont
[15:10] {dino} indeed, heck we would have been bombed to nothing
[15:11] {Alexs} that's not a clean kill
[15:11] {fish_49} I am with you on that Dino..  Have they looked at the death rate this year in Chicago?  why are we not sending a missile to Chicago hoods
[15:11] {dino} i suppose if chems were used in the ghettos of chicago, obummer would do something
[15:11] {dino} as it is only guns, no matter
[15:12] {fish_49} I still say he wont do a thing  it's all blah blah  trying to save face...
[15:13] {fish_49} his plan backfired
[15:13] {fish_49} he cant come out and say he wanted to but the Republicans would not let him
[15:13] {dino} yeah, they called his bluff
[15:14] {fish_49} Cry Baby Boehner played him well and says  he supports it..  Knowing that Obama don't have the courage
[15:15] {Will49} well, Obama certainly changed the discussion from a crappy econmy in a hurry, no?
[15:16] {dino} indeed
[15:16] {Will49} bread and circus alternative
[15:17] {Will49} fish is right, Obummer has painted himself in a corner
[15:20] {dino} hope he finally gets that kissing dictators asses does no good
[15:21] {nemo} well, I think the CIA started the Civil War there
[15:21] {nemo} Frankly, I'm still wondering why they wanted Saddam out...he was the perfect counterweight to Iran
[15:21] {nemo} kept his people in line, no problems with Al Quaeda
01[15:22] {&Threei} Long Setup:  GLD  .50 break
01[15:22] {&Threei}  If holds  .45
01[15:23] {&Threei}  heh... both Kerry and Hagel: the word of US must mean something
01[15:23] {&Threei}  how about don't give prmises you don't intend to keep?
[15:23] {dino} funny how they are now hawks
01[15:23] {&Threei}  uhhu
01[15:23] {&Threei}  it's red line, unless UK says no
01[15:24] {&Threei}  and we will ask Congress
[15:24] {dino} so much for element of surprise. they've already moved the equipment, etc
[15:25] {Will49} and their entire air force to Iran
01[15:25] {&Threei}  reminds me my favorite mafiosi... "only amateur takes the gun out to threaten. Profession takes it out only when he intend to shoot"
01[15:26] {&Threei}  professional
[15:26] {nemo} hey will check this out:  http://www.youtube.com/watch?v=3_J0AMPPD34
[15:27] {Will49} jeeez, they must have sedated the darling
[15:27] {nemo} nah, it's awake
[15:27] {Will49} looks like bunny is having a sexual experience
[15:28] {nemo} you're worrying me Will
[15:29] {Will49} just like the way she's stroking him
[15:31] {Will49} thought bunnies cleaned themselves like cats
[15:31] {nemo} yeah, well, you know humans
[15:32] {Will49} specially you batchelors :)
[15:33] {dino} taking off early. gn all thx for ideas
[15:33] {Will49} cheers dino
01[15:33] {&Threei}  take care dino
01[15:38] {&Threei}  meh
01[15:39] {&Threei}  last one for today:
01[15:39] {&Threei} Long Setup:  CAT  .50 break hl
01[15:39] {&Threei}  If holds  .40
[15:43] {fish_49} good Night all
[15:43] {fish_49} Gonna sit out the last trade
[15:43] {fish_49} thanks Vad
[15:43] {Will49} fish or cut bait
[15:43] {Will49} :)
01[15:43] {&Threei}  :)
[15:47] {Will49} see ya tomorrow guys
01[15:47] {&Threei}  ok folks, thank you all
01[15:47] {&Threei}  have a great evening, see you tomorrow
[15:47] {Alexs} gn