Thursday, October 10, 2013

Oct 10 2013

Catch of the Day: Open break setup on GDX

And one more. Juicy one, too

Very nice day again, cementing the week as a nicely profitable

Session Time: Thu Oct 10 00:00:00 2013
[08:50] {nemo} We should weep for men at their birth, not at their death. ~ Montesquieu
[09:14] {RonS} gm
01[09:14] {&Threei}  morning ron
[09:15] {cipher} gm
[09:16] {dino} gm
01[09:16] {&Threei}  cipher, dino :)
[09:17] {Will49} gm
01[09:18] {&Threei}  will :)
01[09:18] {&Threei}  your pool escapades cost you a 1:3 play at the finish
01[09:18] {&Threei}  hope it was worth it {G}
[09:19] {Will49} yeah...saw that
[09:19] {Will49} was worth keeping marital harmony
[09:20] {Will49} temp has dropped 20 deg F today so maybe I'll be allowed to stay to the end today
[09:22] {drewj} gm
01[09:22] {&Threei}  drew :)
[09:23] {dino} what do you think nemo, gap and sit?
[09:24] {nemo} yeah, until the meeting results today
01[09:24] {&Threei}  yeah, it's he said she said time
[09:25] {nemo} one will come out and accuse the other of rape
[09:28] {ese} morning
[09:28] {nemo} spy bull flag
01[09:28] {&Threei}  ese :)
[09:29] {nemo} what's the room without it's resident commie
[09:29] {ese} it's meet the creature day at my school......i'm mean meet the teacher.....will be outta here early
01[09:29] {&Threei} Short Setup: GDX  .80 break
01[09:29] {&Threei}  If holds  .86 
[09:30] {Alexs} gm
01[09:30] {&Threei}  half out
01[09:30] {&Threei}  1:1
01[09:30] {&Threei}  alex :)
[09:30] {+cc_9} gm
01[09:30] {&Threei}  cc9 :)
[09:31] {+cc_9} GMCR / FB / ACAD / ADTN on the menu
[09:31] {Alexs} what trade we are in?
[09:31] {+cc_9} Vad :)
01[09:31] {&Threei}  GDX alex
01[09:32] {&Threei}  fur boots
[09:32] {Alexs} short .80?
01[09:32] {&Threei}  yup
01[09:33] {&Threei}  (US) Treasury Sec Lew: Cannot comment on what the markets may do next Thursday when we move past the debt limit - Q&A
01[09:33] {&Threei}  comment on inability to comment
[09:33] {ese} the resident commie?  I represent that remark
01[09:34] {&Threei}  (US) House leaders reportedly to present plan to Republican caucus that would provide a clean 6-week debt ceiling bill to allow budget negotiations, but would keep the govt closed - press **NOTE: the idea of a 6 week extension was first floated earlier this week, but it now appears the House leadership has adopted the idea as its latest proposal. The House Republican caucus is meeting this morning ahead of a meeting between a small group of House GOP leaders and the President at the White House later today. - President Obama has indicated that he would be open to a short term debt ceiling extension, though he has previously set reopening the govt as a condition of opening budget negotiations.
01[09:34] {&Threei}  1:2
01[09:34] {&Threei}  1:3, over and out
[09:34] {nemo} 167.11 is R2 spy, so likely 167 will be tested
[09:34] {robbers} Out in full, big thanks.
01[09:35] {&Threei}  :)
[09:35] {+cc_9} ACAD going now
[09:35] {+cc_9} LTD tanking
[09:35] {nemo} 168.03 is R3 so very possible
[09:35] {Will49} good call Vad
[09:35] {goinshort} Nice V !!
[09:35] {Will49} your fans appluade
[09:35] {Will49} applaude
06[09:35] * &Threei takes a bow
[09:36] {+cc_9} ACAD though highs
[09:37] {+cc_9} nearing $22 :D
01[09:37] {&Threei}  (US) Treasury Sec Lew: Doesn't think there is a way to pick and choose on payments; estimates of obligations are subject to miscalculations, very hard to disentangle various obligations - Q&A- Prioritization is just 'default by another name'
01[09:37] {&Threei}  debil
01[09:38] {&Threei}  when you have not enough money, you prioritize - pay electric bill but don't buy new shoes
01[09:38] {&Threei}  and it's not a default
01[09:38] {&Threei} Short Setup: C  .75 break
01[09:38] {&Threei}  If holds  .80 
[09:39] {+cc_9} CTXS reversing
01[09:39] {&Threei}  still valid
01[09:39] {&Threei}  change to .80
01[09:39] {&Threei}  If holds  .85 
[09:40] {cipher} REGN  s.292.04
[09:40] {nemo} this is R3 on finnies
[09:41] {dino} pbyi sm s .48 ave
01[09:41] {&Threei}  meh
01[09:42] {&Threei} Short Setup: BBY  39 break hl
[09:43] {nemo} c two way
01[09:43] {&Threei}  If holds  .10 
[09:43] {dino} cov pbyi .90, +.58
[09:43] {+cc_9} LTD dumpathon, strong support 56 area
[09:43] {dino} f#ck, way too soon
[09:45] {+cc_9} ACAD about to go full retard mode here
[09:46] {nemo} 168 is also 50 day on spy, should be a magnet
[09:46] {+cc_9} ACAD $22 HOD nice shekels this morning
[09:46] {ese} in bby .00
01[09:47] {&Threei}  die already
01[09:47] {&Threei}  what's with support at .92, of all places
[09:47] {ese} indeed
01[09:47] {&Threei}  1:1
[09:48] {+cc_9} ACAD } $22.20 retard mode engaged 
[09:48] {ese} 1/2
01[09:48] {&Threei}  {BBY} really, what was I thinking
[09:49] {ese} +.10 on the 1/2 so far
[09:49] {+cc_9} ACAD blowing up on frenzy reversal buying. Still flying
01[09:49] {&Threei}  (US) Senator Toomey: There is a real chance Congress will not hike the debt ceiling unless President Obama negotiates
01[09:49] {&Threei}  who let this sage out
[09:50] {Will49} what a circus
[09:50] {Will49} send out more clowns
01[09:50] {&Threei}  (US) Fed's Bullard (dovish, FOMC voter): The Fed has struggled to respond to the current macroeconomic situation***No further remarks on monetary policy
01[09:50] {&Threei}  one more commenting on not having any comments
[09:51] {+cc_9} 09:46 cc_9 ACAD about to go full retard mode here
[09:51] {+cc_9} in addition to BTFD, I'd like to introduce our new T/A tool called FRM
01[09:51] {&Threei}  just a scalp, BBY
[09:51] {ese} out full bby good enough .91 +.09
01[09:52] {&Threei}  I like it cc9
01[09:52] {&Threei}  it describes congress too
[09:52] {nemo} but Les is in that mode all the time-would you want to buy him?
[09:52] {ese} tks vad ...saved me from thinkin this morning
[09:52] {dino} ltd sm l .20
01[09:52] {&Threei}  lol
[09:53] {dino} ctxs sm l .42
[09:53] {nemo} dax up 2%, we have a ways to go
[09:53] {cipher} SDS l.62
01[09:53] {&Threei}  Ben will go down in history as the worst enabler of the death walk - up to date at least, because Yellen can outdo him easily
01[09:54] {&Threei}  *&^%$(... look what shaook out our second half:
01[09:54] {&Threei}  BBY Update: Hearing Seeking Alpha making positive comments
[09:54] {+cc_9} Summers, Yelen, Bernanke
[09:54] {+cc_9} hmmm...I wonder what they all have in common...
[09:54] {Alexs} Yellen's No. 1 theory: The badly paid don't work hard
[09:55] {Will49} they're all Lutherans?
[09:55] {+cc_9} lol Will.
[09:55] {nemo} transsexuals?
[09:55] {dino} out ctxs .72, +.30
01[09:55] {&Threei}  they leave scorched earth behind
[09:56] {+cc_9} They are all God's Chosen People
[09:56] {Will49} they need their behinds scorched
[09:56] {+cc_9} therefore, you may not argue their actions, silly goy
[09:56] {nemo} interesting:  IWM almsost at WS1, SPY almost at R3 and the 50 day;  Finnies almost ath the Weekly and Monthly Pivot confluence
01[09:56] {&Threei}  just bow in trepidation
01[09:57] {&Threei} Long Setup:  WMT  .75 break
[09:57] {cipher} cov REGN 290.82 +1.22 dissapointing
06[09:58] * nemo slaps cipher with a kurari laced wad of cash
[09:58] {cipher} was hoping for a 3 pointer
[09:58] {ese} L ctxs .49
[09:58] {nemo} yeah, and with hunting season coming I'm hoping for a 10 pointer
[09:59] {cipher} lol
[09:59] {+cc_9} the suckers get pushed to dump yesterday, today frenzy buying. wash rinse repeat
[09:59] {ese} dino shld and aria same boat
[09:59] {ese} no news to speak off
[09:59] {dino} i'll look
[10:00] {dino} aria drug fail yesterday, not touching it
[10:00] {ese} tks didn't see that
[10:02] {dino} np
[10:02] {Will49} don't touch any drugs
[10:02] {ese} i do............
[10:02] {Will49} except BC flag
[10:03] {Will49} for necomers....BC flag is high quailty MJ
[10:03] {cipher} algn l.02
[10:03] {Will49} but only for medical use of course:)
[10:03] {dino} shld, looks to be a lot of air under it, as in fast drop
[10:03] {ese} ctxs stopped .25
[10:04] {ese} -.24
[10:04] {dino} out ltd .65, +.45
[10:06] {cipher} shld l.33
[10:07] {cipher} out algn .18 +.16
[10:07] {dino} gj
[10:08] {cipher} out shld .71 +.38 thx dino
[10:09] {dino} ctxs sm l .13
[10:10] {cipher} DECK L.49
[10:10] {dino} out ctxs .48, +.35
[10:11] {cipher} DECK stopped .45 -.04
[10:12] {cipher} out SDS .67 +.05 fells like struggle
[10:14] {cipher} freakin REGN now 3 pointer without me of course
[10:15] {cipher} DECK L .38
[10:15] {nemo} here are the levels we're up against in the indexes:
[10:15] {dino} z sm l .00 oulp type
[10:16] {dino} pulp type
[10:18] {nemo} or should I say "hear"?
[10:19] {cipher} DECK stopped .40 +.02
[10:20] {cipher} pcyc l .79
[10:21] {cipher} out .30 +.53
[10:21] {cipher} finally got something going
[10:22] {cipher} tuff crowd today
[10:22] {cipher} typical runaway gap day
[10:22] {dino} most of the fun likely over
[10:22] {cipher} UBNT L.16
[10:22] {Will49} the pool is beckoning
[10:23] {ese} zees ess zee time zat i must zay ez zee time two prepaar to tell zaa parents zat et es noht your zuns or dughters fault zat zay are zee screw up but yours.  And zat you are zee moron ou put zem in zees pozeeechion you edioots!!!
[10:23] {dino} you're living will
[10:23] {Will49} take it eeezzzeee ese
[10:23] {dino} cya ese
[10:23] {Will49} best of all worlds dino
01[10:23] {&Threei}  take care ezzzse
[10:23] {cipher} out UBNT .51 +.35
[10:23] {ese} outta here ...cya tomorrow
[10:24] {Will49} atta boy cipher....chuggin along
[10:24] {Will49} steadt as an Arizona breeze
[10:24] {Will49} steady
[10:25] {cipher} I'm actually working for my money today :)
[10:25] {Will49} guess you have to do that once in a while, eh?
[10:25] {dino} not feeling sorry for ya, :)
01[10:25] {&Threei}  that's unaccpetable cipher
[10:25] {Will49} just the price you pay for success
01[10:25] {&Threei}  don't encourage him will... next thing you know he breaks a sweat
[10:26] {cipher} feels like sliding down the sandpaper with no undewear on
01[10:26] {&Threei}  ouch...
01[10:26] {&Threei}  I have vivid imagination
01[10:26] {&Threei}  don't do this to me
[10:26] {cipher} did i overestimate?
[10:26] {nemo} Monk Sha
[10:27] {dino} ctrl drop
[10:28] {cipher} looks scary
[10:28] {cipher} not touching it yet
[10:29] {cipher} PCYC L 115.98
[10:29] {nemo} sina looking weak
[10:29] {dino} below looks thin
[10:30] {cipher} out 116.75 +.76 no fill .50 higher damn
[10:30] {dino} yum hl l .35
[10:31] {cipher} ok folks this is major struggle for me, calling it a day
[10:31] {cipher} cya tomorrow
[10:31] {Will49} peace cipher
[10:31] {nemo} makes sense today
[10:31] {dino} cya ciph
01[10:31] {&Threei}  take care cioher... god forbid we struggle here :)
01[10:32] {&Threei} Short Setup: WMT  .90 break
[10:32] {RonS} cipher quote?:  "if i can't rob a bank in an hour, i quit"
01[10:32] {&Threei}  If holds  .95 
01[10:32] {&Threei}  and without gun and getaway car, ron
01[10:33] {&Threei}  just by asking nicely
[10:33] {RonS} lol
[10:33] {dino} deck sm l .60
[10:34] {Les} gm
[10:34] {dino} gm les
01[10:34] {&Threei}  morning les
[10:35] {Les} spy rising wedge bear trap
[10:35] {Les} or trying to hold on
[10:36] {Les} gap n stall, u catch anything?
01[10:37] {&Threei}  yip
01[10:37] {&Threei}  1:3er, scalp and meh, 1 of each
[10:37] {Les} heh
[10:37] {Les} and here I was looking up YIP
01[10:37] {&Threei}  that was yup, tyoed with fins
01[10:38] {&Threei}  tyoep is typed typed with knees
01[10:38] {&Threei}  and I mistyped even that
[10:38] {Les} was gonna suggest you get a speech program, but hesitate to think what might happen
01[10:38] {&Threei}  I tried it once... don't even ask
[10:39] {Les} hehehe
[10:39] {nemo} he launched a russian icbm
[10:39] {Les} lol
01[10:39] {&Threei}  lol
[10:40] {nemo} sina weak
[10:44] {dino} out deck .90, +.30
01[10:46] {&Threei} Short Setup: GLD  .40 break
01[10:46] {&Threei}  If holds  .50 
[10:54] {Les} EEM potential top here above R3 at .50
[10:55] {Les} top in everything. bearish divergences
[10:55] {Les} abound
[10:57] {nemo} yeah, but don't expect much of a drop until you get news of the meeting
01[10:59] {&Threei}  GLD is valid again
[11:04] {Les}
[11:05] {dino} yum stop .20, -.15
[11:08] {robbers} Is there a specific time the news of the meeting will be released?
[11:08] {nemo} might get a bounce here
[11:09] {dino} deck sm l .00
01[11:15] {&Threei}  - US equities are on a tear this morning on reports that House Speaker Boehner has decided to push a six-week extension of the debt ceiling, although many questions remain unanswered
01[11:15] {&Threei}  well, yes... where does he get his suntan for instance
[11:16] {robbers} LOL
01[11:17] {&Threei}  President Obama has indicated that he would be open to a short term debt ceiling extension, however the White House is once again reiterating that the government must be reopened before negotiations can begin
01[11:17] {&Threei}  because otherwise he has no gas money to come to the meeting, you know?
[11:18] {dino} deck stop .66 -.34
01[11:19] {&Threei}  there are so many artists to see in the circus... jugglers, air gymnasts, lion tamers... why these guys leave us with clowns only
[11:21] {Les} gld might play ball with ya here 
01[11:21] {&Threei}  no confidence... too random
[11:21] {Les} yeh noted
01[11:22] {&Threei}  I think I better sit and make sarcastic remarks about government and congress
[11:23] {robbers} You've also insulted all clowns by comparing them to congress.
[11:23] {robbers} At least clowns are professionals.
01[11:23] {&Threei}  true... my sincere apologies to all clowns out there
01[11:23] {&Threei}  it was uncalled for
[11:23] {Les} put the AR away Nemo
01[11:24] {&Threei}  they work hard to learn that profession, and they deliver fun
[11:24] {Will49} anyway, that was me that insulted the clowns....and i don't take it back
[11:24] {Les} Vad's apologised
[11:24] {nemo} need to buy a new bolt assembly for that
[11:24] {dino} why don't cannibals like clowns?
[11:24] {dino} they tase funny
01[11:24] {&Threei}  they taste funny?
[11:24] {Will49} hahaha
06[11:25] * Les slaps dino around a bit with a large trout
[11:25] {Will49} alergic to red noses/
[11:25] {robbers} Funny.
[11:25] {dino} :)
[11:25] {dino} deck sm l .35
01[11:25] {&Threei}  why don't sharks like divers?
[11:25] {dino} ltd sm l .23
01[11:25] {&Threei}  you have to peel them
[11:26] {Will49} LOL
[11:26] {Les} u opened can of worms dino...
01[11:26] {&Threei}  Boehner on TV
[11:26] {dino} making snowballs, not my fault if ithers throw them
[11:26] {dino} others
01[11:26] {&Threei}  (US) House Speaker Boehner (R-OH): Democrats have not been willing to talk - press conference
[11:27] {Les} fair enough
01[11:30] {&Threei}  it'd very telling that argument about the best path forward for the country turned into argument about who wants "to sit down and have a conversation" and who doesn't
01[11:30] {&Threei}  - Willing to negotiate the reopening of the Govt with the President; offer being given is for a short term debt ceiling increase
[11:34] {dino} out deck .92, +.57
[11:35] {Will49} good one dino
01[11:35] {&Threei}  wtg
[11:36] {Will49} .57 just a big yawn for you gunslingers, eh?
[11:36] {Will49} it's a joke
[11:36] {Will49} my comment, that is
[11:36] {Will49} i'm bored
[11:37] {Will49} hey Vad, raining like hell here in Mesa...strange
[11:37] {Will49} feels like home :)
01[11:37] {&Threei}  beautiful weather here, summer like
01[11:37] {&Threei}  wanna come back? :)
[11:38] {Will49} been mid 90s since we got here
[11:38] {Will49} no, not coming back
[11:38] {Will49} think I'll try to stay as an illegal immigrant
[11:39] {Les} where r u will?
[11:39] {Will49} Mesa arizona
[11:39] {Will49} that's in the US les
[11:39] {Will49} south west US les
[11:39] {Will49} right next to California les
[11:39] {dino} ty will, stepped away
[11:39] {Les} k, thinking mexico
[11:40] {Will49} right above Mexico les
[11:40] {Will49} if i can stay here undetected, I'll try sneaking into Mexico
[11:40] {Will49} sheeesh...i'm really bored
01[11:40] {&Threei}  it is Mexico, they just never got around to formalize the land transfer
[11:41] {Will49} ture dat vad
[11:41] {Les} yeh it'll return to mexico sooner or later could imagine
01[11:41] {&Threei}  California too - unless it slides to the ocean first
[11:42] {Will49} a bit depressing around Phoenix....seems like every other retail store is empty
01[11:43] {&Threei} Short Setup: IWM  .75 break
01[11:43] {&Threei}  If holds  .85 
[11:43] {Will49} some strip malls have NO tenants at all
[11:43] {Les} reminded me of great film vad... escape from L.A
[11:44] {Les} gotta watch it again
[11:44] {RonS} ...they overbuilt Will...probably 30 Victorias worth in 5 years...
[11:44] {nemo} Escape from LA or from New York?
[11:45] {Les} ain't seen new york
[11:45] {Will49} yeah Ron
[11:46] {RonS} ha, new york was before Les was born...Snake Bliskin...
[11:47] {nemo} one could argue index short here with tight stop, don't like time of day though
[11:48] {nemo} Pliskin
[11:48] {nemo} oh shit, it was a sequel
[11:49] {nemo} I have to download that
[11:50] {RonS} ...think Isaac Hayes was in New York...
[11:50] {nemo} yeah, and they got Pam Grier's boobs to replace what's her name's
[11:51] {nemo} chick that was on Maude
[11:52] {RonS} Adrienne "big tits" Barbeau
[11:52] {nemo} yep
[11:52] {Les} almost older than me Ron... 7 years old on release
[11:52] {nemo} they didn't hire her for her acting talents
[11:53] {RonS} Creature from the Black Lagoon...
[11:54] {nemo} nah, it was another creature movie
01[11:54] {&Threei}  ugh
[11:54] {nemo} Swamp Thing
[11:55] {RonS} ah, yes...
[11:55] {RonS} remake of former by another name...
[11:59] {Will49} that's it for me...gonna go drown in the pool
[11:59] {nemo} take Les with you
[11:59] {Will49} later gang!
[11:59] {Will49} if only
[11:59] {RonS} cya Will...
[11:59] {Will49} cheers R
01[11:59] {&Threei}  take care will
[12:04] {dino} took awhile but out z .99, +.99
01[12:05] {&Threei}  wtg
[12:05] {dino} ty
[12:17] {+cc_9} GMCR crashing
[12:18] {+cc_9} freefall, bounce should be hard, no retard mode yet, but keep an eye
[12:19] {nemo} should be right about here
01[12:19] {&Threei}  Green Mountain Coffee Roasters Reportedly Whole Foods has begun selling private-label coffee pods compatible with Keurig brewing system - press***Note that Whole Foods has no business relationship with Green Mountain.
01[12:19] {&Threei}  that's your drop
[12:19] {nemo} maybe 64.75ish
[12:21] {dino} need another quick drop
[12:21] {nemo} hehehehe...couldn't patent the package
[12:23] {nemo} yeah, the keurigs are like inkjet's all about the ink...which frankly, got the model from coffee makers
[12:23] {nemo} ahhh the poetic circle
[12:25] {+cc_9} GMCR massive volume now
[12:28] {+cc_9} GMCR here
[12:29] {+cc_9} stock XYZ at $50.00 coming down
[12:29] {+cc_9} stocktwits "SELLERS! NEXT SUPPORT $15!"
[12:29] {+cc_9} stock xyz at $50.00 going up
[12:30] {+cc_9} stocktwits "$200 BY END OF YEAR!"
[12:30] {+cc_9} get a grip guys...
[12:30] {+cc_9} GMCR clearing the early $66 now
[12:31] {+cc_9} } $66.50
[12:31] {nemo} fas breaking out again
01[12:36] {&Threei}  cc9, stop educating them en masse
01[12:36] {&Threei}  we need them on the other side of our trades
[12:37] {+cc_9} i punish myself for going to read there
[12:37] {+cc_9} i know vad i know...ugh
01[12:37] {&Threei}  :)
[12:38] {nemo} watch yum 66 level for re short
01[12:38] {&Threei}  in every area there are forums where you go sometimes as in the zoo... antics of the primates, you know
[12:38] {+cc_9} GMCR full retard if takes 66.65
[12:38] {nemo} yeah, we have les
01[12:39] {&Threei}  photography gear forums, oy
01[12:40] {&Threei}  battlwes over how many photons per pixel wich sensor can gather
01[12:40] {&Threei}  while being absdolutely clueless about how to compose a decent photo
[12:40] {+cc_9} GMCR frm engaged
[12:41] {+cc_9} full retard through 67.00
[12:41] {+cc_9} GMCR hell of a play if anyone grabbed some 12:28 cc_9 GMCR here
01[12:43] {&Threei}  nice bounce
[12:44] {+cc_9} } 67.20 FRM full effect
[12:46] {+cc_9} $2.00 bounce, not bad.
01[12:58] {&Threei} Short Setup: MCD  .15 break
01[12:58] {&Threei}  If holds  .20 
[13:00] {+cc_9} back
[13:00] {+cc_9} reboot'ed
01[13:00] {&Threei}  it happens if you visit porno sites too often
[13:01] {Alexs} MCD two sided?
01[13:02] {&Threei}  (US) White House's Carney: Speaker Boehner's offer is encouraging, Obama Administration has not yet received the full proposal
01[13:02] {&Threei}  not liking long side very much
[13:05] {Alexs} lets try the short side
[13:10] {nemo} wonder why I haven't had to reboot...
01[13:11] {&Threei}  because you put a protection on your computer before venturing in there... safe browsing, so to speak
[13:11] {nemo} well, I do have specialized virus protection software
[13:11] {Alexs} if you visit only porno sites you don't need to reboot
[13:12] {nemo} it
[13:12] {nemo} it's those left-wing politics sites
01[13:17] {&Threei}  ./me trips MCD and pushes it from the cliff
06[13:17] * &Threei trips MCD and pushes it from the cliff
01[13:20] {&Threei}  oh come on
01[13:20] {&Threei}  die already
01[13:20] {&Threei}  aren't you feeling tired and heavy with all those hamburgers
06[13:23] * &Threei hits MCD over the head with 2x4
01[13:25] {&Threei}  let's cover half
01[13:25] {&Threei}  too close to 1:1 to let it flee
01[13:25] {&Threei}  stop to .16
01[13:25] {&Threei}  scvalpers be happy
01[13:27] {&Threei}  anyone's breathing?
06[13:27] * &Threei slaps Alexs around a bit with a large roll of cash
[13:27] {Alexs} :)
06[13:28] * &Threei slaps nemo around a bit with a package of condoms for his computer and screams "Practice Safe Browsing!!"
[13:29] {RonS} lol...classic
[13:29] {nemo} wow, I can spread the whole browser across six monitors
01[13:30] {&Threei}  reminds me a sign in Nassau over the counter with condoms: Protect ya tings
[13:30] {Alexs} lol
01[13:32] {&Threei}  can't believe I haven't taken a photo of that
[13:36] {Alexs} what graphic card would you recommend to add couple monitors?
[13:38] {nemo} what size monitors?
[13:42] {Alexs} 23
[13:48] {nemo} first make sure the graphics cards can handle the highest native format the monitors can handle
[13:48] {nemo} how old your computer?
[13:48] {Alexs} 2 years
[13:49] {nemo} you probably don't want a graphics card older than that then, else it'll become a bottleneck
[13:50] {nemo} you can also buy outboard graphics adapters that connect through usb, fairly cheap
[13:50] {nemo} You dont have to install anything
[13:52] {Alexs} do you know the model?
[13:52] {nemo} EVGA UV + models, lots of companies make them now
[13:52] {nemo} wtf MPC
[13:52] {nemo} vlo tso
[13:52] {nemo} wtf?
[13:56] {dino} mpc sm s .90
[13:57] {dino} bstop is hod
[13:57] {nemo} epa to reduce renewable fuel mandate
[14:02] {dino} mpc stop
[14:09] {dino} mpc sm s .20
[14:10] {dino} cov mpc .90, 
[14:10] {dino} +.30
[14:12] {robbers} Heading out to the course for 9 holes of goof.  Happy trading everyone.
01[14:12] {&Threei}  have fun robbers
[14:12] {dino} have fun
[14:32] {+cc_9} CTRX ss on the spike anyone ?
01[14:42] {&Threei}  (US) Some Republican Senators now said to be calling for the House plan that raises debt ceiling temporarily to also include provision to reopen Govt- Reminder: White House said it would not negotiate unless the Govt was reopened, and would not negotiate over the debt limit; but would negotiate after those elements were remedied
01[14:43] {&Threei}  this is hgihly annoying
01[14:43] {&Threei}  let's negotiate what we will or will not negotiate
[14:50] {nemo} guess the 67 buyer in gmcr dropped
01[15:01] {&Threei} Short Setup: GLD  .20 break
[15:05] {Les} giddy up
01[15:06] {&Threei}  (US) According to a senior House Republican, a "negotiated settlement" on debt limit is expected; Govt may reopen as early as next week - financial press
[15:06] {+cc_9} sorry nemo
[15:06] {+cc_9} im back
[15:06] {nemo} wonder if we make R4 in spy to 169.70
[15:06] {+cc_9} u called about 67 ?
[15:07] {+cc_9} we got it back there for ya
[15:07] {nemo} on what?
[15:07] {nemo} he had dropped suddenly, now the goverment shit is settled so back to BTFD!!!!!!!
[15:07] {Les} already outside 3 mins bb bigtime so reversal possible
[15:08] {nemo} nah, buying panic run run run run
[15:08] {Les} not eager to short here no
[15:08] {nemo} wouldn't even think about it
[15:09] {nemo} here's one gap fill spy
[15:10] {nemo} might get a pullback to the .50 area then onward
[15:10] {+cc_9} market going FULL RETARD MODE WITH NO HELMET
[15:19] {Alexs} we are in GLD trade, correct?
01[15:19] {&Threei}  yes, lol
01[15:19] {&Threei}  1:1
01[15:21] {&Threei}  1:2
01[15:21] {&Threei}  1:3
[15:21] {Les} whoops
[15:21] {Les} nice one
01[15:21] {&Threei}  1:4, out
[15:22] {Les} but wait, gold is supposed to be going up with resolution of debt issues...
01[15:22] {&Threei}  uhhu
[15:22] {Alexs} why
[15:23] {nemo} because he
[15:23] {nemo} 's a moron
[15:23] {Les} lol
[15:23] {Les} he's right
[15:23] {Les} fell for that lame ass shit from the top down
[15:23] {Les} once major support was taken out, reality set in
[15:24] {Alexs} ok guys it's you business then
[15:24] {nemo} amazing it took this long considering your married
06[15:24] * Les slaps Alexs around a bit with a large trout
[15:24] {Les} you speaking vad alex?
06[15:24] * Les slaps nemo around a bit with a large trout
[15:24] {Les} that's for the dose of reality
[15:24] {Les} now where's teh bottle
[15:25] {dino} have to leave early, thx for ideas. gn all
[15:25] {Les} cheers
01[15:27] {&Threei}  take care dino
01[15:29] {&Threei}  1:5
01[15:30] {&Threei}  1:6
01[15:30] {&Threei}  can I have some of my shares back?
01[15:30] {&Threei}  poor goldbugs
01[15:30] {&Threei}  their whole thesis is hopelessly wrong
01[15:30] {&Threei}  fear trade is over
[15:30] {Les}
[15:31] {Les} commodity funds taking it in the ass too
[15:31] {Les} further unwinding to come me thinks
[15:31] {Les} $1000 looks good for gold
01[15:32] {&Threei}  just wait till all gold gurus start unraveling... 100 won't be support for long
01[15:32] {&Threei}  1000
[15:32] {Alexs} Don't worry  with Yellen gold will be $2000 soon
[15:32] {Alexs} very soon
[15:32] {Les} indexes coming down
[15:32] {Les} forget it Alex
01[15:33] {&Threei}  nah
[15:33] {Les} Fed ain't gonna make a dent
01[15:33] {&Threei}  1:7
01[15:33] {&Threei}  to lift gold that high they'd have to print that much that demonstrations on the streets over price of gas would put an end to it much sooner
[15:33] {Les} .60 might be bounce entry
[15:33] {Les} gld
[15:36] {Alexs} Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it bounces, marked: ‘Account overdrawn.’
[15:36] {Alexs} Rand, Ayn (2005-04-21). Atlas Shrugged
01[15:37] {&Threei}  imagine how she'd felt about her disciple Greenspan who oversaw US going odff the gold dtandard :)
[15:38] {Les} paper accounts still functioning, whatever one thinks of COMEX
[15:38] {Les} paper markets
01[15:39] {&Threei}  i disagree woth her views on gold
[15:39] {Alexs} it's different thing Les
[15:39] {Les} ?
[15:40] {Alexs} busause you just don't like gold, it's personal Vad
[15:40] {Les} is this ese under new pseudo?
01[15:41] {&Threei}  why would i not like it
[15:41] {Alexs} I don't know
01[15:42] {&Threei}  i don't view it as measurement of economy size, that's all
01[15:42] {&Threei}  and using it as a currency backing establishes such relation
[15:43] {Les} gold  .50 short 
[15:43] {Les} shit
01[15:43] {&Threei}  1L10
[15:43] {Les} getting dumped
[15:43] {Les} daily head and shoulders
[15:44] {Les} neckline just a little lower
[15:49] {Alexs} I was in Russia in 1998, I know how hyperinflation starts, no time for demonstrations, everything would cost twice next day
[15:49] {Les} but consider the currency
[15:49] {Les} shit ask Vad
[15:50] {Les} I imagine he exchanged into dollars from time to time
[15:50] {nemo} JPM reports in the morning
[15:50] {Les} but dollars is the core trading currency of the world
[15:50] {Les} no other currency to jump into once Uncle Buck is shafted
[15:51] {Alexs} yes but printing 1 trillion a year what do you expect
[15:51] {Les} the real economy will break down prior
[15:52] {Les} however, am eager to buy silver again
01[15:52] {&Threei}  it's different mechanism alex
01[15:53] {&Threei}  that was event-related, default
[15:53] {Les} printing 1 trillion what? Rouble or dollars?
[15:53] {Alexs} actually it was the same thing
[15:54] {Alexs} lol dollars, I mean now
01[15:54] {&Threei}  nope... if you lived through hyperinflation of the beginning of 1990, you know the difference
[15:54] {Alexs} I'm talking about 1998
01[15:55] {&Threei}  right - that one was one time event related
01[15:55] {&Threei}  previous one was gradual, spread in time
[15:55] {Alexs} but then they started printing the money like hell
01[15:55] {&Threei}  one in US would be of the same kind as earlier one
01[15:55] {&Threei}  spread in time
01[15:56] {&Threei}  not an overnight event
[15:56] {Les}
[15:56] {Les} there's money velocity chart
[15:56] {Les} printing money
01[15:56] {&Threei}  OK guys, very nice day
01[15:56] {&Threei}  have a great evening
[15:56] {Les} going nowhere fast
[15:56] {Les} cheers
01[15:56] {&Threei}  see you tomorrow
[15:56] {Alexs} ok I hope I'm wrong :)
[15:57] {Les} oh it'll all go to shit alex
01[15:57] {&Threei}  it will
[15:57] {Les} but ain't planning on hyperinflation