Thursday, September 19, 2013

Sept 19 2013

Slowish day but we are back on profitable track. Didn't press anything, took only trades that were very compelling and it paid off. 

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                                                                        ONLY 2 LEFT!
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Session Time: Thu Sep 19 00:00:00 2013
[08:45] {nemo} Men are by nature merely indifferent to one another; but women are by nature enemies. ~ Schopenhauer
[09:02] {dino} gm
01[09:03] {&Threei}  morning dino
[09:04] {nemo} so, do we have a consolidation day, or profit taking day?
01[09:07] {&Threei}  that is the question
[09:09] {cipher} gm
01[09:09] {&Threei}  cipher :)
[09:15] {RonS} hello everyone
01[09:16] {&Threei}  ron :)
[09:20] {Will49} gm
01[09:20] {&Threei}  will :)
[09:20] {jdetente} Morning all
01[09:20] {&Threei}  jd :)
[09:24] {+cc_9} Morning all
01[09:24] {&Threei}  cc9 :)
[09:26] {ese} gm
01[09:26] {&Threei}  ese :)
01[09:26] {&Threei}  feeling better?
[09:26] {ese} feeling a little better today
[09:27] {ese} ya ......brutal the last couple of days.....standing up in front of a classroom dizzy....almost falling over at one point
[09:28] {Will49} yikes!
[09:28] {Will49} wait till after class to start drinking
01[09:28] {&Threei}  what fun in that
[09:28] {Will49} hope you feel better ese
[09:28] {fish_49} gm all
01[09:28] {&Threei}  fish :)
[09:28] {ese} definitely
[09:29] {ese} tks
01[09:29] {&Threei} Long Setup:  C  .75 break
01[09:29] {&Threei}  If holds  .65
[09:29] {dino} get well ese
[09:30] {ese} tks dino
[09:30] {jdetente} yeah feel better ese
[09:31] {+cc_9} Slight profit taking on gold related trade today ?
[09:31] {nemo} metals futures were ripping all night
[09:31] {+cc_9} GDX pulling back :)
01[09:32] {&Threei}  1:1
[09:33] {+cc_9} sweet fade on GDX :D
[09:37] {+cc_9} thats all i had for today, a nice gold miners fade
01[09:37] {&Threei} Short Setup: GLD  .60 break
01[09:37] {&Threei}  ugh, late
[09:37] {+cc_9} GDX beautiful drop :D
01[09:38] {&Threei}  grrr... 1:1
[09:38] {dino} insurers getting whacked again
[09:39] {+cc_9} GDX still falling woooooot
01[09:40] {&Threei} Long Setup:  GDX  .85 break
01[09:40] {&Threei}  If holds  .80
[09:40] {nemo} gdx bounce time
01[09:41] {&Threei}  1:1
[09:41] {jdetente} ugh missed
[09:41] {Will49} me too
[09:41] {jdetente} was at .90
[09:41] {nemo} fas coming into bounce territory
[09:43] {+cc_9} GDX still falling hehehe
[09:43] {+cc_9} I think GDX first visits the early 27s before anything
[09:43] {+cc_9} when GDX & DUST cross in price ($27) I think a black hole will form
[09:44] {jdetente} no life can exist within
01[09:44] {&Threei}  any chance we could lure Ben in that place by that moment?
[09:45] {jdetente} he is the undead so that is a tricky proposition
[09:45] {fish_49} imho GDX can be scalped long if it pulls back to .64
[09:45] {nemo} this gdx low is the monthly pivot
[09:46] {+cc_9} profit taking on fantasy rally yesterday
01[09:47] {&Threei} Long Setup:  C  .35 break
01[09:47] {&Threei}  If holds  .30
[09:47] {nemo} coming into daily pivot on FAS
[09:48] {nemo} 75.02
01[09:49] {&Threei}  meh
[09:51] {nemo} if you think more retrace in store for GDX, this is the spot to short
[09:51] {fish_49} good observation on GDX NemoToad
[09:51] {+cc_9} been short GDX since the open using DUST, staying in.
01[09:54] {&Threei} Long Setup:  GLD  .55 break
01[09:55] {&Threei}  change to .50 break
01[09:55] {&Threei}  If holds  .40
01[09:55] {&Threei}  with trail to .44 after .55 break
[09:57] {dino} yy spike
01[09:57] {&Threei}  trail
01[09:57] {&Threei}  1:1
01[09:58] {&Threei}  1:2
[09:58] {fish_49} out in full thanks Vad
01[09:58] {&Threei}  :)
[09:58] {jdetente} nice one
[09:58] {robbers} Out, thanks.
01[09:58] {&Threei}  1:3
[09:58] {jdetente} now out
01[09:58] {&Threei}  out
01[09:58] {&Threei}  1:4
[09:59] {Will49} sweet Vad
[09:59] {fish_49} great call Vad  where is what's his name  I forgot
01[09:59] {&Threei}  *(US) AUG EXISTING HOME SALES: 5.48M V 5.25ME
[10:00] {+cc_9} Gold tanking, again
01[10:00] {&Threei}  *(US) AUG CONFERENCE BOARD LEADING INDEX: 0.7% V 0.6%E
[10:00] {jdetente} nice drop
[10:00] {robbers} GLD now a lesson in trade management, glad we're out with a nice run up.
01[10:00] {&Threei}  no wonder, with decent numbers
01[10:00] {&Threei}  yeah
[10:01] {dino} yy sm s .36
[10:01] {fish_49} Those are good numbers  I want to see new home sales  up up and up
01[10:01] {&Threei}  with this yesterday FOMC move (or absence of such rather), now any good indication for the economy is a death verdict for gold
[10:01] {+cc_9} SPY bounced @ exactly its closing price yesterday
01[10:02] {&Threei}  Metrics: - Median existing home price: $212.1K v $213.5K prior (revised from $213.5K) - Total Months Supply: 4.9 v 5.1 prior (revised from 5.1 months) - Distressed sales: % v 15% prior - All cash sales: % v 31% m/m
01[10:02] {&Threei}  Distressed sales: 12% v 15% prior (lowest since data series began in Oct 2008)
[10:04] {fish_49} all very good news
[10:04] {fish_49} I am putting my house on the market in the spring
[10:04] {+cc_9} MET looks interesting at this level
[10:04] {dino} yy stop -.33
[10:05] {+cc_9} MET 2 day sell-off
[10:05] {+cc_9} GDX drop baby drop :D
[10:05] {nemo} not a single red stock on the algo
[10:06] {nemo} are you going expat fish, please...
[10:06] {+cc_9} MET good here with stop @ LOD
[10:09] {+cc_9} MET .40 on deck
[10:11] {fish_49} I am but  will try to maintain a house in seattle area
01[10:12] {&Threei} Short Setup: GDX  .80 break
01[10:12] {&Threei}  If holds  .90
[10:13] {dino} yy sm s .60
[10:15] {+cc_9} SPY back to LOD levels
[10:15] {dino} cov yy .01, +.51
[10:16] {Will49} nice Dino
[10:16] {dino} txtr spike
01[10:16] {&Threei}  wtg
[10:16] {dino} ty
[10:17] {fish_49} Your lucky today Dino...  Alex not here you don't need to share
01[10:17] {&Threei}  lol
[10:17] {dino} lol
[10:17] {+cc_9} SPY new lows, hanging off a cliff now
[10:19] {nemo} algo view: http://bit.ly/1bt8fw3
[10:26] {+cc_9} MET held its LOD when SPY printed a new one. Need a second leg over .40 on MET
[10:27] {+cc_9} meanwhile, TSLA all time highs
[10:29] {nemo} subdued group today
[10:30] {Will49} that's the guy who lost all the weight
[10:30] {Will49} sub dude
[10:30] {nemo} oh jeez,
[10:30] {Will49} ok pretty weak
[10:31] {nemo} understatement
[10:31] {nemo} today
[10:32] {nemo} like unh short below .90?
[10:33] {nemo} how about gmcr here
[10:34] {ese} L mas .67
[10:34] {ese} L swy .61
[10:35] {dino} 07 red
[10:35] {ese} thats not a good sign
[10:35] {dino} nope
[10:36] {ese} whats you 07 again dino? can't remember
[10:36] {+cc_9} SPY dropping again, MET holding up
[10:36] {RonS} krft round trip on the pop yest
01[10:38] {&Threei} Short Setup: GDX  .80 break
[10:38] {dino} scanner
01[10:38] {&Threei}  If holds  .90
[10:39] {ese} usu
[10:39] {dino} pulp
[10:39] {ese} rocket
[10:40] {+cc_9} SPY triple bounce so far off the 173 area
[10:40] {+cc_9} lower highs though
[10:40] {dino} market doesn't know which way to go
01[10:41] {&Threei}  neither do Fed or WH
[10:41] {nemo} the highs from yesterday are the weekly R3, not to  mention yesterday was such a rip.  we closed above daily R4.  I haven't seen that happen in years
[10:42] {dino} typically we reverse after fed day
[10:42] {nemo} yeah, but they told the market the heroin pipelin is staying open, they might party for a while longer
[10:43] {dino} not w/govt shutdown coming
01[10:43] {&Threei}  change to .90 break
[10:43] {ese} lol....heroin pipline
01[10:43] {&Threei}  If holds  .95
[10:43] {ese} good way to describe it
[10:43] {+cc_9} MET come on, break .40!
[10:43] {nemo} mainlining mexican brown or china white, take your pick
[10:44] {+cc_9} there ya goooooooo
01[10:44] {&Threei}  problem is, each time they do it it becomes more and more clear that the end nears
01[10:44] {&Threei}  and at some point market won't react to the usual dose anymore
[10:44] {nemo} violates the Reversion Principle-can't go on forever
[10:45] {dino} greater fool theory
01[10:45] {&Threei}  imagine the consequence of actual taper, AFTER market stops reacting p;ositively to simple "no taper" message
[10:45] {nemo} unfortunately we're the victims
[10:45] {nemo} I wonder if sacrificing Les would help
[10:46] {dino} find a volcano
[10:46] {nemo} nah, that's no fun-over too quick
[10:49] {+cc_9} MET .45
[10:51] {+cc_9} MET .50s boom
[10:51] {+cc_9} trade out. Solid and steady.
[10:51] {+cc_9} +$0.33
[10:53] {dino} gj
[10:55] {nemo} qcom breakout coming
[10:56] {+cc_9} MET blowing up now, high .60s
[10:56] {+cc_9} 10:07 cc_9 MET good here with stop @ LOD
[11:01] {nemo} gdx levels today: http://bit.ly/1dslFXk
[11:01] {dino} qcor blood
[11:02] {nemo} this low is the 50 day dino
[11:04] {dino} thx
[11:04] {dino} sm l .00 qcor
[11:04] {nemo} 61.24 is daily s4
[11:04] {dino} all over the place
[11:05] {fish_49} Time to update my Trading Plan
01[11:05] {&Threei}  to what?
[11:05] {fish_49} Plan was only 2 lines in past  Line 1= Follow Vads Calls
[11:06] {fish_49} Line 2 = Make money
[11:06] {fish_49} lol
[11:06] {fish_49} end of plan
[11:06] {nemo} where does open mouth, pull trigger fit in?
01[11:06] {&Threei}  I fail to see what needs updating
[11:06] {fish_49} I need 3 more lines
[11:06] {fish_49} Line 3 = Insult Nemo on daily basis
01[11:07] {&Threei}  approved
[11:07] {fish_49} ty
[11:07] {nemo} correction: TRY to insult Nemo
[11:07] {RonS} the guy is a piece of work fish
[11:07] {fish_49} work in progress Ron
[11:08] {nemo} it's tough dealing with mortals
01[11:08] {&Threei}  line 4?
[11:08] {nemo} No...I haven't started drinking today
[11:08] {fish_49} Line 4 Insult Nemo some more
01[11:08] {&Threei}  approved
[11:08] {fish_49} Line 5 If line 3 and 4 don't work start over
[11:09] {nemo} why don't you just write a loop instead of adding all that code
[11:09] {fish_49} I just did
[11:09] {fish_49} it's a DOS bat file
[11:09] {jdetente} somehow you left drinking out of your apporach
[11:09] {nemo} no, that's not a loop, that's sequential execution
[11:09] {fish_49} your old  I'm sure you remember DOS batch files
[11:09] {nemo} you have a test condition for execution, and a test execution for exit
[11:09] {jdetente} line 5 pour double scotch
[11:09] {dino} qcor to .55
[11:10] {dino} to .65
[11:11] {ese} out mas .40 -.27
[11:11] {ese} not a good way to start
[11:11] {RonS} took qcor .12 out .80 +.68  thanks dino, nemo, the academy...
[11:11] {nemo} "No mas" huh ese...
[11:11] {dino} to .75
[11:11] {ese} indeed
[11:11] {dino} gj ron
01[11:11] {&Threei}  wtg ron
[11:12] {RonS} thanks
[11:12] {nemo} might get a pullback under 63, but probably worth holding a piece
[11:12] {dino} to .79
[11:13] {nemo} support is at .60
[11:13] {dino} tear down that wall
[11:13] {dino} to .89
[11:14] {nemo} 63.50 likely
[11:14] {nemo} btw...fas at bottom of channel
[11:14] {dino} out .90, qcor, +.90
[11:15] {RonS} gj
[11:15] {dino} ty
[11:15] {fish_49} nice Dino
[11:15] {dino} ty
[11:15] {nemo} this low in IWM is the weekly R2
[11:16] {ese} nice one dino
[11:16] {nemo} see if  it holds support here
[11:16] {dino} ty
[11:17] {dino} vips and kors spikes
[11:17] {nemo} UNH interesting again
[11:17] {RonS} cab wreck
[11:17] {nemo} ha
[11:17] {nemo} ha
[11:17] {nemo} ha
[11:17] {nemo} err.....ha
[11:18] {RonS} do it for will...an uh me...
[11:19] {nemo} UNH not participating in this bounce
01[11:20] {&Threei} Long Setup:  CAT  .75 break
01[11:20] {&Threei}  If holds  .65
[11:31] {dino} egle spike
[11:31] {nemo} wow\
[11:35] {+cc_9} GDX 4th low test
[11:35] {nemo} c'mon gdx, be a good girl
[11:42] {+cc_9} GDX, there she goes
[11:48] {Will49} Ron...tks for looking out for me...need all the help I can get
[11:48] {Will49} with nemo skulking about
[11:48] {nemo} gdx coming into support
[11:49] {nemo} I don't skulk
[11:49] {RonS} skunk
[11:49] {nemo} please
[11:52] {+cc_9} SPY vol spike
[11:53] {nemo} big boy spike
[11:53] {RonS} people finally waking up to the fact that O care is a debacle...health cos under pressure again...
[11:54] {nemo} reorganizing an industry is a big CF
[11:54] {Will49} CF?
[11:54] {nemo} Cluster activity
[11:55] {Will49} ah, tks
[11:55] {nemo} ese's math class
[11:55] {Will49} lol
[11:55] {RonS} he would have unerstood BIG cf...
[11:56] {nemo} Ron...I think you need a check-up
[11:56] {nemo} you've kinda' been a little late on the swing today
[11:56] {Will49} see what we have to put up with
[11:57] {nemo} pot calling kettle black
[11:57] {Will49} pot? where?
[11:57] {nemo} o.k. we'll give you that one
[11:58] {nemo} I suppose we should put a T-ball stand on homeplate for ya
[11:58] {Will49} hey...now that big brother has two states legalizing, we're hoping for the same in BC
[11:58] {nemo} I knocked too many points off my IQ over the years to smoke that stuff anymore
[11:59] {Will49} btw Vad...how's DP doing?
01[11:59] {&Threei}  I think he is in San Diego
[11:59] {nemo} look for gdx bounce in the .50-.54 area
[11:59] {nemo} daily pivot at .44
[12:00] {+cc_9} GDX gravity still winning
[12:03] {+cc_9} 09:44 cc_9 I think GDX first visits the early 27s before anything
[12:03] {+cc_9} lets see...
[12:03] {nemo} 50 day is around 27.12
[12:04] {nemo} I've got 4 levels of support between .42 and .53
[12:04] {fish_49} I'm calling the big bounce at 27.03
[12:04] {nemo} I just had a really bad visual
[12:05] {fish_49} sideways between .36 and .50  lol
[12:07] {RonS} lol:  Rum ain't drinking, it's surviving - Romer Treece (Robert Shaw)
[12:08] {+cc_9} just look at a 15min GDX chart, that run up yesterday is just nuts....
[12:09] {nemo} look at any of the index charts
[12:09] {fish_49} even the 3 min looks cool from the start of the run @.75
[12:09] {nemo} however within .10 here you have the 23.6 retrace the 2 day vwap and a weekly and daily pivot level
[12:11] {nemo} so Vad, I think I'm on the no-fly list
[12:12] {nemo} esrx folks looks short here
[12:15] {dino} fltx sm l .19
01[12:17] {&Threei}  that;s OK nemo
01[12:18] {&Threei}  imagine if fish was on no swim list
01[12:18] {&Threei}  niw that would be a disaster
[12:18] {dino} sivb?
[12:18] {fish_49} Remember I told you yesterday I'm a fish that can't swim
[12:18] {nemo} Yeah, metal detector goes off when I go through.  I tell them it's just my liver, but they don't believe me
[12:19] {fish_49} I can swim but it's not the proper way
[12:19] {nemo} gdx bottom forming
[12:20] {fish_49} Nemo  I get halted every trip.  Have a metal bar and about 6 screws in lower leg
[12:20] {fish_49} I have a note from Doc and copy of Xray but they still search me
[12:24] {nemo} maybe because it's from a psychiatrist they're suspicious
01[12:24] {&Threei} Short Setup: GLD  132 break
01[12:24] {&Threei}  If holds  .10
[12:25] {+cc_9} GDX more fresh lows
[12:25] {nemo} big gdx volume
[12:26] {nemo} I think this is it
[12:27] {nemo} battle at .50
[12:28] {nemo} wow look at the gdx volume
[12:30] {nemo} vwap run
[12:30] {dino} sivb sm l .98 ave
[12:34] {fish_49} Just laughing my ass off.  Ben says  we wont cut tapering until jobs numbers improve
[12:34] {fish_49} market rallies  huge
[12:34] {nemo} the beatings will continue until morale improves
[12:34] {fish_49} this am we get good numbers and the market gets scared
[12:35] {nemo} last support before we hit the CC morass is .44
[12:39] {fish_49} dude  what is more ass?
[12:40] {nemo} o.k. we're bored
[12:40] {nemo} think it's fishy's nap time
[12:40] {fish_49} ok what is morass?
[12:40] {fish_49} serious question
[12:40] {fish_49} Remember Im a rookie
[12:40] {nemo} do I look like a dictionary?
[12:41] {fish_49} nemo last support before we hit the CC morass is .44
[12:41] {nemo} he's calling for the low 27's
[12:41] {nemo} I called it a morass
[12:41] {nemo} for some reason, I was thinking of the Marianna Trench
[12:42] {nemo} how I branched to morass
[12:42] {nemo} I guess I was thinking of you
[12:42] {fish_49} 1. an area of muddy or boggy ground.
[12:42] {fish_49} ok
[12:42] {fish_49} I didn't know that word
[12:42] {dino} sivb to .41
[12:43] {nemo} not very sesquapaedalian
[12:43] {nemo} IH&S forming on IWM spy and FAS
[12:43] {fish_49} Kinda like a Chagimaudi
[12:43] {jdetente} throw the fish into the quagmire
[12:44] {fish_49} I hibernate there
[12:44] {fish_49} I used  to like you JD
[12:44] {dino} out sivb .73, +.75
[12:45] {fish_49} share the money Dino
[12:45] {fish_49} nice job
[12:45] {+cc_9} GDX 6 consecutive red candle closes on the 15
[12:45] {jdetente} good one dino
[12:45] {dino} ty
[12:45] {nemo} dino comes up with these tickers, I don't even look...frickin' rorschach trades
[12:45] {dino} just doing my job nemo
[12:46] {nemo} btw...great movie  "The Watchmen"
[12:46] {jdetente} heck yeah
[12:46] {jdetente} love that movie
[12:46] {nemo} totally unexpected
[12:46] {+cc_9} GDX another session low
[12:47] {nemo} kinda' like fish's jokes
[12:47] {fish_49} stop being a Chagimaudi  Nemo
[12:48] {nemo} any reason tsla is up 8% today
[12:48] {fish_49} I know your trying to look it up
[12:48] {fish_49} yes nemo  tsla  up today because there are more buyers then sellers  OMG  I thought you would know that
[12:48] {nemo} manga la Gaza
[12:48] {nemo} thank you Howard Cosell
[12:49] {fish_49} man he was great
[12:49] {nemo} Down goes Frazier!
[12:49] {+cc_9} GDX will eye 27.20 as possible first bounce area
[12:49] {nemo} think Kors is running out of gas
[12:53] {dino} kors at hod
[12:56] {nemo} just had that LD look
[12:56] {dino} so far you are right
[12:57] {nemo} here's support
[12:59] {+cc_9} GDX baby bounce now
[12:59] {nemo} indexes too
[13:00] {+cc_9} SPY no bounce yet..
[13:01] {nemo} think it's setting up
[13:01] {nemo} put in an FAS stink bid at .04
[13:05] {nemo} big spy and fas volume few minutes ago
01[13:08] {&Threei} Short Setup: C  .20 break
01[13:08] {&Threei}  If holds  .30
[13:09] {+cc_9} SPY tank new lows, no bounce yet
[13:09] {nemo} next levels between .40-.50
[13:09] {+cc_9} GLD hitting highs, GDX pulling back to lows
[13:11] {fish_49} Don't they normally trade together CC?
[13:12] {+cc_9} Not really...
[13:12] {fish_49} ty
01[13:12] {&Threei}  sometimes, not always
[13:12] {+cc_9} One tracks actual gold, other tracks miners
[13:12] {fish_49} correct
[13:12] {+cc_9} miners are companies, with debts and balance sheets. Gold is just gold.
[13:12] {fish_49} in theory if Gold price is up the miners  should be doing well
[13:12] {+cc_9} oil prices going up hurts gold miners
[13:12] {fish_49} ahhh  operating expenses
[13:12] {+cc_9} to produce gold, they use energy
[13:12] {+cc_9} correct.
[13:22] {+cc_9} GDX back to session lows.
[13:23] {fish_49} what was your entry price?
[13:24] {+cc_9} I shorted GDX using DUST
[13:24] {+cc_9} entry was 24.04
[13:24] {+cc_9} Entry }}} http://img42.imageshack.us/img42/9103/53e7.jpg
[13:24] {+cc_9} 24.06 sorry
[13:26] {+cc_9} Here now I think is a good start for slight bounce on GDX
[13:27] {nemo} huh?
[13:27] {+cc_9} huh on which part
[13:27] {nemo} got it
[13:27] {+cc_9} cool
[13:28] {nemo} you gonna' go long nugt
[13:28] {+cc_9} ya
[13:32] {nemo} sbux
[13:38] {nemo} here's 50 day on gdx
[13:38] {+cc_9} Alright, GDX i think this is it for now until EOD
[13:39] {nemo} it's also 50% retrace of yesterday
[13:39] {+cc_9} 27.15/20 is the 50% fib from yesterday before fed and @ its peak
[13:39] {+cc_9} yup...
[13:40] {+cc_9} alright, itty bitty bounce for now
[13:41] {+cc_9} 15min candle needs to close } 27.40
[13:41] {fish_49} what is your target cc?
[13:42] {+cc_9} 27.60 with stop loss 26.95
[13:43] {+cc_9} trend is down on 15min, but looking for a dead cat bounce worth more than the first, which was about $0.20 only
[13:46] {fish_49} I'm calling .02 as the next bounce
[13:46] {fish_49} lol
[13:46] {fish_49} write it down nemo
[13:46] {nemo} .02 on what, gdx?
[13:46] {fish_49} yea
[13:48] {nemo} yo Rinny
[13:49] {nemo} dead fish bounce
[13:51] {+cc_9} should be good.
[13:52] {nemo} 50 day corraled it so far
[13:55] {Will49} glad i have a fresh pair of depends on
[13:55] {Will49} to wait out the C trade
[13:55] {fish_49} lol
[13:55] {fish_49} lol
[13:55] {nemo} I just keep my hunting bottle next to the desk
[13:55] {fish_49} I didn't get in
[13:55] {nemo} reminds me, gotta' get the bow out
[13:56] {Will49} hey nemo....good idea!
[13:56] {nemo} Will, coming from you...
[13:56] {Will49} nice eh?
[13:56] {nemo} Ya' know what sucks
[13:56] {nemo} I'm kinda' like Herpes
[13:56] {nemo} I never really go away
[13:57] {Will49} hope not
[13:57] {Will49} these long trades would be REALLY boring
[13:57] {nemo} glad I got my feet up on the desk
[13:57] {Will49} I can't do that right now
[13:57] {+cc_9} 27.02 lol
[13:57] {Will49} depends leak at the back
[13:58] {nemo} gotta get the ones with the elastic legs
[13:58] {Will49} that's my reward when I learn to trade consistently
[13:59] {fish_49} I missed it by a cent
[13:59] {nemo} the proverbial pubic hair, huh fish face?
[13:59] {fish_49} did it not turn for a scalp when I said it would?
[13:59] {+cc_9} lets see if the .95 ends up holding :)
01[14:00] {&Threei}  anyone's still in C?
[14:00] {fish_49} gotta get past .97 first
[14:00] {dino} fltx drop
[14:00] {jdetente} covered half
[14:00] {fish_49} I did not take the trade Vad  Rule #6 in my plan don't trade C  it  hates me
01[14:01] {&Threei}  too bad
[14:01] {nemo} thinking fas 60 break if it holds here, but spy might make it to the .50 area
[14:03] {fish_49} going back up to test .15
[14:05] {+cc_9} GDX 26.95 so far holding
[14:06] {fish_49} did not like .15 lets see if holds .20
[14:08] {+cc_9} GDX/NUGT so far so good
[14:11] {+cc_9} .95 stop loss worked like a charm :D
[14:13] {fish_49} your short or long?
[14:13] {+cc_9} huh ?
[14:14] {fish_49} Not sure why but I was thinking you were short GDX
[14:14] {+cc_9} 13:42 fish_49 what is your target cc? 13:43 cc_9 27.60 with stop loss 26.95
[14:14] {+cc_9} if stop loss is below tgt price, its a long trade.
[14:15] {fish_49} yes
[14:15] {fish_49} I thought it was a typo
[14:15] {+cc_9} 13:27 cc_9 Here now I think is a good start for slight bounce on GDX
[14:15] {+cc_9} short GDX was @ the open using DUST (posted above to check as well)
[14:16] {fish_49} ahhh you covered your short
[14:16] {fish_49} I did not see that
[14:21] {nemo} no buying pressure at all
[14:21] {dino} fraud accusations fltx
[14:24] {fish_49} CC I was cheering for your trade  just in the wrong direction  sorry about that  lol
[14:24] {RonS} wow tsla
[14:30] {RonS} dino unxl?
[14:31] {dino} gap fill
[14:33] {dino} unxl l .75
[14:35] {nemo} big boy spy volume
[14:38] {nemo} What's with the boatman, he pops in and out lately
01[14:41] {&Threei}  who?
[14:41] {nemo} Chaeron
01[14:41] {&Threei}  he has some problem with browser... we see him, he doesn't see us
[14:47] {RonS} qcor'd
[14:58] {+cc_9} GDX needs a move before last 30mins
[14:58] {+cc_9} a rack of 27.3
[14:58] {dino} qcor sm l .14 stop lod
[14:59] {+cc_9} QCOR too spooky
[14:59] {+cc_9} GDX getting some bids now
[14:59] {+cc_9} high .20s
[15:00] {+cc_9} there we go, breaking .30s
01[15:00] {&Threei}  Kerry statement on Syria is coming
[15:00] {+cc_9} "we must bomb, we must strike, think of the chuuuldren"
[15:02] {+cc_9} GDX giddy up :)
[15:05] {+cc_9} .45 GDX :)
01[15:05] {&Threei}  (US) Sen Reed: Fed's Yellen has a reputation for independence, would be hard for either party to oppose Yellen
01[15:06] {&Threei}  yeah... leftier than the leftiest left
[15:06] {dino} she yells too much
[15:06] {nemo} Dino..you going for the Les award?
[15:07] {RonS} but at least then the vice chair will be skreeman...
[15:07] {+cc_9} I gave GDX a 27.60 tgt, but getting out here :D
[15:08] {fish_49} .55 is next pause
[15:08] {RonS} dino tried, i captured...would like to thank the academy
[15:08] {nemo} vwap
[15:08] {dino} lol
[15:09] {+cc_9} 26.95 stop loss held and 27.60 tgt was within few cents off, i think that was not so bad after all
[15:09] {fish_49} good job
[15:11] {dino} out qcor .77, +.63
[15:11] {fish_49} wow
[15:11] {+cc_9} nice work on QCOR dino
[15:11] {dino} out unxl .92, +.17
[15:11] {dino} ty
01[15:16] {&Threei} Long Setup:  C  .10 break
01[15:16] {&Threei}  If holds  .04
[15:16] {+cc_9} GDX there goes the 27.60
[15:16] {+cc_9} and NUGT is a $4.00 move from lows
[15:17] {nemo} vwap coming
[15:21] {dino} phh
01[15:22] {&Threei}  Putin: "I'd like to buy a vowel." Sajak: "Only an O left." Putin: "Never mind. I already own that one."
[15:22] {Will49} lol
[15:22] {jdetente} good one
[15:22] {Will49} China and Russia = joint ownership
01[15:23] {&Threei}  Alex is missing his fair share today
[15:23] {fish_49} lol
01[15:24] {&Threei}  man, chaeron...
[15:25] {Chaeron} hey everyone! Vad! Dino! Nemo! {{{ founders
01[15:25] {&Threei}  woohooo
01[15:25] {&Threei}  finally
[15:26] {dino} hey chaeron
[15:26] {Chaeron} thanks... had to use Incognito on Chrome
[15:26] {Chaeron} dino great to see you
[15:26] {Chaeron} think of you guys all the time and hope you're buried in positive trades
[15:26] {dino} you too
01[15:27] {&Threei}  there should be some privacy setting then that kept you from normal connection
[15:27] {Chaeron} yeah Vad... well, you know me and my privacy........ or do you? .... hmmmm
[15:27] {nemo} any "normal" setting won't get you in here
01[15:27] {&Threei}  I know it diccipates after the third bottle
[15:28] {Chaeron} yeah... when I thought about it, nothing "normal" about this place
[15:28] {Chaeron} :)
[15:28] {Chaeron} oh heck... really? emoticons? akkk
[15:28] {nemo} ever see the movie the 9th configuration?
01[15:28] {&Threei}  our normal is absence of normal... whatever normal is
[15:29] {Chaeron} nemo - no but I'm going to now thanks to your recommendation
[15:29] {nemo} It'll remind you of this place
[15:29] {Chaeron} Miss you guys. Real life sucks
[15:29] {fish_49} Is that Les in Disguise?
[15:30] {nemo} fish, be seen, not heard
[15:30] {fish_49} u see me  right?
[15:30] {Chaeron} icu fish... nice to be seen
[15:30] {nemo} have some respect for old alumni
[15:30] {nemo} http://imdb.to/16J5IdH
[15:30] {Chaeron} old? heck...
[15:30] {fish_49} lol  Oh  Old as Nemo?
[15:30] {Will49} where can i get the video version of mirc?
[15:30] {Chaeron} older
01[15:31] {&Threei}  old as Raven
[15:31] {fish_49} How do you do Sir?  lol
[15:31] {Chaeron} from Ken Wolff days
[15:31] {Chaeron} at least as far as you guys know me
[15:31] {fish_49} Well Nice to meet you Chaeron  now we have two Rons
[15:32] {Chaeron} it's a pleasure to meet you fish...
[15:32] {nemo} he starts smelling after a coupla' days
[15:32] {Chaeron} Raven... great great guy
[15:32] {Chaeron} heheh nemo
[15:32] {Chaeron} Nesi too
[15:32] {fish_49} Im the rookie here but  still love  to insult Nemo
[15:32] {Chaeron} larisa still around?
[15:32] {nemo} no
[15:32] {fish_49} OHHHHHHHH
01[15:33] {&Threei}  see dcc chaeron
[15:33] {fish_49} I was just thinking of that name
[15:33] {Chaeron} careful fish... nemo could make you wealthy
[15:33] {Will49} we love nemo
[15:33] {fish_49} he has but  I had to share it with another guy in the room  now Im poor
[15:33] {nemo} Komrade!
[15:34] {nemo} That reminds me, I have a drinking appointment with a Russian tonight
[15:34] {fish_49} Larissa?
[15:34] {nemo} no
01[15:34] {&Threei}  no chance we see you before Monday then
[15:34] {fish_49} goood
[15:34] {fish_49} lol
[15:34] {fish_49} and your complaining Vad?
[15:34] {nemo} Well, I won't log in either way tomorrow
01[15:35] {&Threei}  just stating the facts
[15:35] {nemo} probably a sunglasses at the monitor day
[15:35] {nemo} I'll set all charts to black bacgrounds
[15:38] {nemo} day felt like a tighter range than it was
[15:43] {+cc_9} take care folks, see ya;ll tomorrow!
[15:43] {Will49} peace
01[15:43] {&Threei}  you too
01[15:44] {&Threei}  OK guys, no more trades today
01[15:44] {&Threei}  slowish day but back on profitable side
01[15:45] {&Threei}  have a great evening, see you tomorrow
[15:45] {fish_49} yhanks
[15:45] {fish_49} Good Night All
[15:46] {Chaeron} bye fish!
[15:47] {Chaeron} I'll be back  {{{ warning in full disclosure
[15:47] {nemo} I'd welcome the plague as long as Les doesn't return
[15:48] {nemo} was that harsh?
[15:49] {dino} phh on fire
[15:50] {dino} s .25
[15:52] {dino} stop .50
[15:57] {dino} gn all
[15:58] {nemo} P&Q